tag:blogger.com,1999:blog-6616959642391988608.post4591198294527888512..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Fiscal policy update: revenue still strongScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6616959642391988608.post-11802439661005421582014-07-13T20:40:18.093-07:002014-07-13T20:40:18.093-07:00The easiest way to simply taxes is to outlaw perso...The easiest way to simply taxes is to outlaw personal income taxes.McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-64102681956134206572014-07-13T00:36:14.399-07:002014-07-13T00:36:14.399-07:00Joseph Constable:
The VA is publicly funded healt...Joseph Constable:<br /><br />The VA is publicly funded health care, in federally owned facilities, staffed by 300k federal employees, and provided absolutely free to former federal employees. <br /><br />The VA is lifetime pensions and healthcare after 20 years of federal employment.<br /><br />Or lifetime "disability" payments for maladies not received in combat. <br /><br />All paid Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14217615792087112082014-07-12T17:01:49.660-07:002014-07-12T17:01:49.660-07:00A couple of thoughts.
The VA health care system i...A couple of thoughts.<br /><br />The VA health care system is not bad compared to a system called Obamacare.<br /><br />John Cochrane is too clever by twice as much.<br /><br />It is all too complicated and too much resources are put into maintaining the massive amount of money floating around. I would keep SSDI, VA, USDA as bad as they are if they choice were to instead get rid of the IMF. It Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40967426646529431952014-07-12T15:04:29.109-07:002014-07-12T15:04:29.109-07:00Hans: The rise in debt service could be expensive....Hans: The rise in debt service could be expensive. But it might not happen.<br />1. They are still waiting for a rise in interest rates in Japan after 22 years. ZLB is tricky...as Milton Friedman said, central banks cannot tighten their way to higher interest rates...not for long anyway...<br />2. John Cochrane has proposed converting national debt into bank reserves. Interest on reserves would Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-31712185514189958532014-07-12T13:22:12.157-07:002014-07-12T13:22:12.157-07:00Hans - You make a very good point about US interes...Hans - You make a very good point about US interest expense rising as the FED normalizes interest rates next year.<br /><br />I am also concerned about what the actual costs of "Obamacare" will be. The Congressional Budget Office (CBO) typically underestimated the cost of large new federal programs.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-18631300850511679662014-07-12T04:18:14.022-07:002014-07-12T04:18:14.022-07:00No defense cuts; no gasoline tax increase with the...No defense cuts; no gasoline tax increase with these weak economic times.<br /><br />Yes, get rid of SSDI and the VA and the USDA, as well.<br /><br />"We ought to all but eliminate the corporate profits tax, since that would provide a much-needed incentive for more business investment and negative impact on the federal deficit could be recouped handsomely by the expanding jobs and incomes Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81996599942660282612014-07-12T01:13:03.006-07:002014-07-12T01:13:03.006-07:00As always excellent commentary. Eliminating corpor...As always excellent commentary. Eliminating corporate income and dividend taxes is good. Pay for it by cutting federal defense spending and a serious gasoline tax.<br />Wipe out SSDI and VA. USDA we don't need. <br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com