VK: The federal budget is no different than the average household budget. He wants that she something different. He focuses on X while she focuses on y.......................
In the government's case its the old "guns v butter" debate. Most in Congress are shorted sighted when it comes to defense because it cuts into their claims on pork they feel so entitled to claim. so the debate continues
I am absolutely against a QE4 because the fed has financed beter that 65% of our bonds now. I am against defense cuts but I am not against better controls to weed out abuse and fraud. In facts such cuts will weaken that segment which will exacerbate our weak economy now.
I am infavor of tax cuts and an extension of the bush tax cuts for the foresseable future.
If Obama tax increases take place investors owning dividend stocks will take a 30% reduction because the tax treatment and tadd to the not so public 4.8% coming from ObamaCare on investment income.
As retirees and or as investors we like so many others arte taking a beating.
The recession ended in 2009 yet GDP, unemployment, etc has not reflected this event. We do need a change in strategy. My preference i to stimulate growth via production and production comes from business friendly policies.
Personal Best Regards:
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