http://www.willshaver.com/blog/2009/03/01/on-spending/ Life, Dancing, Eugene Politics, Drivel Fri, 05 Feb 2010 16:52:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.willshaver.com/blog/2009/03/01/on-spending/comment-page-1/#comment-27 dad Mon, 09 Mar 2009 23:37:55 +0000 http://www.willshaver.com/blog/?p=75#comment-27 I had a discussion today about the Bush presidency and his long string of failures. This person I was talking with was of the Opinion that Obama is the worst president we've ever elected. I countered that the honor for a modern president goes to Geo. W. Bush, (Unless you consider W. Wilson a modern president). The "O-man" is still in contention, however, we should probably give him a few more years to catch up. Both presidents are/were "way big" into taxes, but Bush's version was to tax us via devaluing our dollar - arguably a bit less honest. In addition to every dollar we knew we were paying in taxes under Bush, every dollar we managed to hang onto is worth less - a lot less. According to several sources, the dollar fell in value at least 41% during his "reign." In my bracket, that is an effective tax rate of over 70%! Ouch. I had a discussion today about the Bush presidency and his long string of failures. This person I was talking with was of the Opinion that Obama is the worst president we’ve ever elected. I countered that the honor for a modern president goes to Geo. W. Bush, (Unless you consider W. Wilson a modern president). The “O-man” is still in contention, however, we should probably give him a few more years to catch up.
Both presidents are/were “way big” into taxes, but Bush’s version was to tax us via devaluing our dollar – arguably a bit less honest. In addition to every dollar we knew we were paying in taxes under Bush, every dollar we managed to hang onto is worth less – a lot less. According to several sources, the dollar fell in value at least 41% during his “reign.” In my bracket, that is an effective tax rate of over 70%! Ouch.

]]> http://www.willshaver.com/blog/2009/03/01/on-spending/comment-page-1/#comment-24 Dev Wed, 04 Mar 2009 21:11:03 +0000 http://www.willshaver.com/blog/?p=75#comment-24 It sure beats "tax me at a high rate but don't tax the people in whose hands you wish to concentrate the wealth, and then spend the money you don't have bombing people." It sure beats “tax me at a high rate but don’t tax the people in whose hands you wish to concentrate the wealth, and then spend the money you don’t have bombing people.”

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