Mike's Daily Comment

There is no shortage of climate alarmists demanding a zero emissions world but we’re still looking for one them with a practical, realistic action plan. Hint; no planes, no freighters, no air ambulances and no home heating oil in 5 years doesn’t qualify.

Gee, I wonder who’s going to win? Certainly not anyone interested in the issues. Instead it’s a litany of pre-rehearsed answers with no follow-up revealing the simplicity of their policy statements.

The fact is that significant increases in corporate taxes hurts economic growth, jobs creation and our pensions because it discourages investment. What’s frightening is that we have people who want to lead the country who don’t understand something so basic.

It totally depends on the assumptions underlying the statement. So my question is did you forecast the recent repo crisis that sent interest rates up 500% – how about the Deutsche Bank’s derivative problem or Trump’s trade war?

What Has Higher Taxes and More Regulation Ever Solved
Posted by Michael Campbell
on Wednesday, 9 October 2019 6:17
Not much, unless your goal is a bigger and more expensive bureaucracy. Only a crazy person travels down the same road and expects to arrive at a different destination, which begs the question – are we nuts?