Sung to the tune of “Are you ready for some football?”
Are you ready for the VAT tax?
Category: politics
Politics
“Politics is the art of looking for trouble, finding it whether it exists or not, diagnosing it incorrectly, and applying the wrong remedy.” 1Ernest Benn
Footnotes
| 1. | ↑ | Ernest Benn |
Officials
Ok, so how many more tax dodgers will be nominated for major government positions? Maybe we should start an Internet pool.
Another Trillion
A trillion here, a trillion there, pretty soon you’re talking about real money. 1Paraphrased from the original Everett Dirksen quote
Footnotes
| 1. | ↑ | Paraphrased from the original Everett Dirksen quote |
Theory of Rational Expectation
OK, so Congress passed the bailout (and about $150 billion of pork) and the stock market continues to tank. Could it be that fear, not tight credit, is fueling the market? Did it help that both presidential candidates said that this is the worst financial crisis since the Great Depression? Do the cries of the media help the situation?
The Theory of Rational Expectation in economics says that the economy will follow the expectations of the population. Are we expecting the economy to tank?