{"id":2422,"date":"2011-03-04T08:29:33","date_gmt":"2011-03-04T12:29:33","guid":{"rendered":"https:\/\/www.urbin.net\/blog\/?p=2422"},"modified":"2011-03-04T08:29:33","modified_gmt":"2011-03-04T12:29:33","slug":"morning-round-up-3","status":"publish","type":"post","link":"https:\/\/urbin.net\/blog\/economy\/morning-round-up-3\/","title":{"rendered":"Morning Round Up"},"content":{"rendered":"<p>Let&#8217;s start with a cartoon by <a href=\"http:\/\/www.johncoxart.com\/\">John Cox<\/a><\/p>\n<p><a href=\"http:\/\/www.johncoxart.com\/2011\/03\/kirkwood_69.html\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-2423\" title=\"Kwood-irs\" src=\"https:\/\/i0.wp.com\/www.urbin.net\/blog\/wp-content\/uploads\/2011\/03\/Kwood-irs-300x230.jpg?resize=300%2C230&#038;ssl=1\" alt=\"\" width=\"300\" height=\"230\" \/><\/a><\/p>\n<p>The US Tax code is a Byzantine maze that Rube Goldberg would claim is too complex. \u00a0<a href=\"https:\/\/www.urbin.net\/blog\/?p=2160\">As I said before&#8230;<\/a><\/p>\n<blockquote><p>One of good ideas of the President\u2019s deficit reduction panel was to drastically simplify the tax code and reduce the highest tax rate to 25%.  That will reduce the 30% plus overhead of the IRS and get uber-rich democrats, like my senior Senator, to actually pay their fair share of the taxes paid by almost every other working American.<\/p>\n<p>Don\u2019t expect democrats to embrace this idea though.  It goes against their core values, like waging class warfare.<\/p><\/blockquote>\n<p>Speaking of taxes and the economy, let&#8217;s review <a href=\"http:\/\/www.bloomberg.com\/news\/2011-03-03\/greenspan-says-surge-in-government-activism-is-hampering-u-s-recovery.html\">this bit of news&#8230;<\/a><\/p>\n<blockquote><p>Former Federal Reserve Chairman Alan Greenspan said a surge in U.S. government \u201cactivism,\u201d including fiscal stimulus, housing subsidies and new regulations, is holding back the economic recovery.<\/p><\/blockquote>\n<p>Wait! It gets better as Mr. Greenspan puts yet another nail in the coffin of Keynesianism.<\/p>\n<blockquote><p>&#8220;Any withdrawal of action to allow the economy to heal could restore some, or much, of the dynamic of the pre-crisis decade, without its imbalances.&#8221;<\/p><\/blockquote>\n<p>Not that this will slow down the <a href=\"https:\/\/www.urbin.net\/blog\/?p=2324\">big government<\/a> <a href=\"https:\/\/www.urbin.net\/blog\/?p=2116\">fanatics<\/a> in our <em>Dear Leader<\/em>&#8216;s administration.<\/p>\n<p>Speaking of which, it&#8217;s time to play &#8220;Fear the Boom and Bust&#8221; <a href=\"https:\/\/www.urbin.net\/blog\/?p=2093\">again<\/a>!<br \/>\n<object width=\"640\" height=\"390\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/d0nERTFo-Sk?fs=1&amp;hl=en_US\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><\/object><\/p>\n<p>Moving on, I&#8217;m am not surprised that <a href=\"http:\/\/michellemalkin.com\/2011\/03\/02\/profiles-in-transference\/\">democrat Sheila Jackson Lee is a really, really bad boss and would be brought up on harassment charges in the private sector.<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s start with a cartoon by John Cox The US Tax code is a Byzantine maze that Rube Goldberg would claim is too complex. \u00a0As I said before&#8230; One of good ideas of the President\u2019s deficit reduction panel was to drastically simplify the tax code and reduce the highest tax rate to 25%. That will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6,19,28,33],"tags":[140,262,294,414,444,621,839],"class_list":["post-2422","post","type-post","status-publish","format-standard","hentry","category-economy","category-politics","category-taxes-politics","category-video","tag-barack-obama","tag-democrat","tag-economy","tag-incompetent","tag-john-cox","tag-politics","tag-worst-president-ever"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pab4zg-D4","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts\/2422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/comments?post=2422"}],"version-history":[{"count":0,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts\/2422\/revisions"}],"wp:attachment":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/media?parent=2422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/categories?post=2422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/tags?post=2422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}