I can’t recall who exactly recommended this to me when I first picked this up back in 2010 or 2011, but I do recall the cautionary note that they took as they described it and the author’s conclusions. The global recession had begun four years earlier, since which time I had just barely been able […]
From the WSJ: “The Magnitude of the Mess We’re In.”
Suppose you were offered the job of Treasury secretary a few months from now. Would you accept?
What does Econ 101 teach us about UTOPIA?
The original 11 cities include Tremonton, Perry, Brigham City, Layton, Centerville, West Valley City, Murray, Midvale, Lindon, Orem and Payson. Together, they will pay nearly $13 million next year to service the agency’s bonds. With the reduction in sales-tax revenues due to the slow economy, some cities have begun to raise property taxes to keep their municipal services whole while making UTOPIA payments.
There’s still no light at the end of UTOPIA’s tunnel. Maybe it’s time to quit digging. [cont…]
John Dougall for Utah State Auditor
Growing up the oldest of eleven, it’s no surprise that John Dougall has a frugal streak to him. In fact, it’s more than a campaign slogan, says his sister Julie.
In fact, family legend has it that John has worn the same shoes since his mission, she says. “they are so old, they’ve come back in style… Since they are quite beat up, he just wears them like house slippers, but he still wears them, all the time.”
Austerity? Europe never even got there.
This shouldn’t be a debate over “raising taxes” and the “cutting taxes.” Rather, it should be about government spending less so that the tax burden on business is not so heavy. The way to growth is to make it easier, and cheaper, for businesses to grow, there by putting more money into the pockets of individuals to spend. You can’t with one hand run up big surpluses and with the other hand raise taxes or print more money. The result is a net loss, especially to those who can afford to save less.



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