Steve’s Barking; The U.S should tax the rich more.

 I’ve been reading that the United States deficit has become runaway. This being true the logical thing to do is raise taxes or cut spending. We’re are we going to cut spending? Weaken the defense? Health care to make the country sicker. Housing subsidies to make the U.S. look like a third world country with millions more living on the streets. Cut government workforce? We doing that and from this crazy blogger’s point a view it has made a not to efficient government, even less efficient.

 The next thing to bring about a reduced deficit is to raise money. Now I ask myself how do you raise money if you’re the government? Well I guess you have to do the unthinkable to raise taxes.  

 Should you raise taxes across the board? Well the poor have no money, and if you raise taxes among the middle class there’s a good chance that they would become poor. 

 In my crazy mind the United States government should raise taxes on those who presumably could afford it the most, the rich, who while they may not be to enthusiastic about that, they would be doing the patriotic thing and and pay more in taxes. It may even be away to help preserve their riches (wtf).

  

 

  

 

Steve’s Barking; Is the U.S. military stock pile of arms a joke?

  This ignorant blogger has no idea if this is true, but there are reports in the press that the United States is running low on munitions because of the Iranian war. 

 Now as far as I can tell, this was an extremely short, intensive bombing, and even if there is more intensive use of munitions, it should not be a major depletion of munitions that the press lays claims to. If it is, then the United States military is seriously unprepared for combat.

Steve’s Barking; Fall of gas prices good 👍🏾or maybe bad 👎

 What is this crazy blogger? Of course, the price of gas going down is great. Just think if the fall in the price of gas means that the people have more money to spend on goods, services, and investing.  Not only that, the price of goods should come down, and profits should go up because the price of gas would decrease the cost of delivering goods.

 Ah, but what if the price of gas collapses because there is no demand for gas because there is a deep recession and no one has the ability and the need to buy gas?

 One can make the case that the recession is caused by the high price of gas and that if gas becomes cheaper, therefore, the recession would be short-lived. 

 This foolish blogger is not positive that this would happen. Fear and possibly recent economic shock may have the unwillingness to spend. Business may even be afraid of higher back payments for those who were laid off.

 

Steve’s Barking; This Memorial Day, thankful for America’s immigrant Veterans

 This Memorial Day I’m thankful for American immigrants who fought and  some died for America.

 My American Legion post the present commander was born in Panama and one of the past commanders was born in Nigeria, showing patriotism to America. 🇺🇸 

Steve’s Barking; U S debt isn’t the end of the world

 Crazy blogger keeps reading that the U.S. interest on the national debt is more then the US takes in from revenue. Well I have a suggestion which the conservative old farts would be shocked. Slightly raise taxes on Medicare and on Social Security along with ending the cap Social Security. 

 Why would should this be done. It would strengthen both where you wouldn’t have to pay creating a bank of the United States were it strictly could borrow and not have to pay until a long time into the future. It would also protect the future payouts of those two government programs. 

 On paper you have debt, but in real life you are not paying it as you are now.

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If the U.S. was serious about paying off it debt and still have a vibrant country it would increase slightly the capital gains tax.

Steve’s Barking ; Is Elon Musk really worth what we think he is?

 Elon Musk is a genius at what he does. There I said it, even though I’m not sure he truly understands the science of his companies. He’s genius is controlling companies and selling the idea of these companies to the general public. In my mind there’s no one better.

 One’s net worth is based on worth of assets minus debt. Now as I understand it the general public has a pretty good idea of Elon’s gross worth but we the unwashed have no idea what his debt is. 

 That being said I (we) have no real idea of what Mr. Musk’s net worth really is.

Steve’s Barking; Are we all colonists ?

 This stupid blogger claims that we are ALL colonists. That can’t be, because if you read the majority opinion, it’s the other guy who’s a colonist.

 My way of thinking is that we or our ancestors came from a different land. And after a while, the world grew into clusters ( tribes, then super tribes known as countries). Other tribes came along and took the land and the resources. Sometimes we even took over people and we made them slaves. 

 This can be considered colonialism even if you came from just over the hill.

 Oh, being a colonist is a terrible thing, so we and our ancestors are terrible.