tag:blogger.com,1999:blog-6616959642391988608.post2859150074024109815..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: The good and bad of federal financesScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-3482614721985414192015-02-16T13:36:41.933-08:002015-02-16T13:36:41.933-08:00JC, means testing with SS is already happening.
&...JC, means testing with SS is already happening.<br /><br />"Strong growth in federal revenues was driven primarily by individual income tax receipts, which in turn were driven by the growth in jobs, as the chart above shows."<br /><br />Was this not due to higher taxes? After all, taxes revenuse, for the Central governmental unit came in just over 1 trillion, the highest ever recorded.<Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-37348897720085652292015-02-12T09:43:33.533-08:002015-02-12T09:43:33.533-08:00I am subversive. I actively explain SS to young p...I am subversive. I actively explain SS to young people and seed their minds that they should plan on defaulting on the national debt when they are in power after enough of their parents die off.<br /><br />In the mean time we could actually means test SS. But it won't happen.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-71029965060995866112015-02-12T06:51:35.723-08:002015-02-12T06:51:35.723-08:00Bank of England Governor Carney Looks Past Low Inf...<b>Bank of England Governor Carney Looks Past Low Inflation to Signal Faster Interest Rate Increases</b><br /><br />(Bloomberg) -- Mark Carney insisted the Bank of England can look through an inflation slump as officials signaled interest-rate increases could come sooner than investors anticipated.<br /><br />While the governor presented forecasts showing the rate of price growth may drop below Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-71901562268252510152015-02-12T05:07:58.689-08:002015-02-12T05:07:58.689-08:00the federal government is a labyrinth the likes of...the federal government is a labyrinth the likes of which no one could possibly get their arms around-and BOTH parties are responsible for it. it's a wonder that the economy functions as well as it does DESPITE the pitiful state of affairs. and bitching about spending is tantamount to pissing is the wind. NOTHING WILL STOP THE GROWTH.stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29121241374366314752015-02-11T16:11:42.332-08:002015-02-11T16:11:42.332-08:00Maybe I am too old fashioned, but I do not see the...Maybe I am too old fashioned, but I do not see the attraction of a permanent annual federal deficit of 2 to 3 percent of GDP. The economy boomed in the 1990s, when the federal government was actually paying off the debt.<br />While federal transfer payments have exploded in the last 40 years, much of that is actually Social Security and Medicare payments financed through payroll taxes.<br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com