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Showing posts with label Federal Deficit. Show all posts
Showing posts with label Federal Deficit. Show all posts

Tuesday, December 11, 2012

Reduce The Deficit

Here is an interactive graphic from the Wall Street Journal to enable you to get a deficit reduction plan on the desk of the president:  REDUCE THE DEFICIT.

Kudos to anyone beating the surplus the Grouch is sure to come up with.

My  disappointment is that some obvious revenue enhancing measures are not included.  For example, I propose a 75% maximum income tax on all members of the Council of Economic Advisers to the President retroactive to income earned since 1980.  As a matter of fact, I think most Americans would support an income tax surcharge of 15% on all economists in D.C. on the principle that, the more you tax something, the less you get.

While I am at it, I have to ask why future economic policy makers and their teachers have to put in the public domain their obvious lack of rhythm:  Harvard Holiday Party.  One would think that, after screwing up the economy, they would keep a low profile.