On the Cusp of a Recession, Washington Fiddles

Can’t blame Trump the impending recession.  But he took the bait and credit for the “trump rally” when he should have kept a more realistic tone.  He already had won the presidency.  But the media and the left will make sure he owns it.

There are many hard decisions that must be made. Repeal Obamacare, lower taxes, reduce regulations. Curtail the EPA.  Not any one piece of legislation can cure what ails us.

The US is like a patient that has been given a prescription for every little ailment. Some politician complained and a “prescription” was written into law.  And now all the “solutions” are interacting to make the patient sick. Continue reading

Repeal Obamacare But Do NOT Replace It

Republicans in Congress are painting Americans into a corner they will never be able to get out of with Obamacare.  The paint will never be dry, and we will always be stuck with a horrific piece of legislation.

Why are Republicans playing this game with our future?  Do they truly believe that they can, via government, provide a better social program than the Democrats?  What happened to Free Market principles.

First, repeal Obamacare completely. Continue reading

Why We Are Frustrated With Traffic (In 90 Seconds)

In less than 90 seconds,  anyone should be able to clearly understand why we are frustrated with traffic and why we think that there are improvements that can be made without paving six lanes the entire length of 141.

While I took this video in Peachtree Corners, it was only because I saw it as an example of what ails us in Johns Creek.  We all experience the same thing on a frequent basis in Johns Creek.  It just happened to be convenient for me to film at this location.  Frustrated with the additional 10 minutes it took to get to Earth Faire at 12:30 p.m., I made it a point to stop and record it.

The questions I keep asking is why.  What does it take to resolve these sorts of issues with our traffic lights?

The video was taken Friday, March 10th 2017, just before 1:00 pm.  I am facing north on 141 on the eastern side of the intersection.

Be sure to watch to the very end where you will see as I zoom just how far the backup extends.

Picking Winners and Losers: How Our State Government Functions (Georgia Musical Investment Act)

Georgia’s State government is pretty much like every other government.  They love the idea of picking winners and losers.    Whether or not your business or sector is a winner or a loser is going to depend on a lot of things, but it will not depend on being equal under the law.


 

HB 155
Georgia Musical Investment Act

A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to the imposition, rate, and computation of and exemptions from state income taxes, so as to create an income tax credit for certain expenditures by a production company related to certain state certified musical or theatrical productions or recorded musical performances; to provide for rules and regulations and an application process related to such income tax credit; to provide for certain conditions and limitations; to provide for definitions; to provide a short title; to provide for related matters; to repeal conflicting laws; and for other purposes.

We apparently need to offer tax credits to production companies to the tune of 15% for Production Companies to come to the State of Georgia.  And if they locate into one of the 100 poorest counties, they could get an additional 10% credit.

And while the tax credit is limited to $5 million the first year, it will expand to $15 million by year three.

If Georgia politicians want a better business environment, then why do they not lower taxes for ALL Georgia businesses?  What game are we playing here?

Is the music industry in crisis?  Is there a reason that they need additional support from the State of Georgia?  Frankly, it doesn’t matter.

When government picks winners, they also pick losers.  Government should not be in that job.

Supply and demand should pic winners and losers.  And under the law, it should not matter if you have started a Music business or a Automotive Repair Shop.  Each should be treated equally.

It’s no wonder the American Public looks at government with disdain.  So much time and energy is spent attempting to engineer outcomes when they should only be administering the framework, and not determining outcomes.

By the way, it passed 157-11 in the Georgia House.  Now it goes before the Senate.  Let’s hope they have a little more common sense.