Archive for the ‘economy’ Category

Next time someone argues that tax cuts need to be paid for follow these steps:

Step 1: Ask them to hand you a $20

If they say NO press them, if they point out it is their money ask why they have a right to keep their own money but someone else doesn’t?

If they say YES or just give you the money put it in your pocket and drop the subject.

Step 2: Wait for them to ask you for it back.

If they don’t ask for it back, keep it until they do, if they never ask for it back when you see them next go back to Step 1

If they ask for it back, inform them they you can’t give it back until you can find a way to “pay” for that $20. If they absolutely insist tell them you’ll be happy to negotiate a deal whereby he gives you $5 a week over the next 4 weeks and you will give them back that $20.

If they argue that it’s not the same thing because they are not “rich” point out any one thing that they own that you don’t to illustrate they have more than you and how unfair that is. Watch them become free market capitalists almost instantly!

The Tax Cut misconception

Posted: December 3, 2010 by datechguy in economy, opinion/news
Tags: , , ,

As I was going door to door yesterday I stopped at a book store that absolutely screams “progressive” but is a mostly cool place with a fair amount of Anime and some wonderful used old volumes. At the store I asked the question I ask at almost every business, what would you do to stimulate the economy?

It was his opinion that the problems were systemic (first person to have that conclusion that I talked to) however there is one thing he knew for sure:

I wouldn’t give tax cuts to the rich.

I don’t know who he thinks actually hires people (I’ve never seen a paycheck written by a poor person) but his opinion has been a distinct minority in the hundreds of doors I’ve knocked on in the last month.

It’s certainly not my business to argue with potential customers (and he is more than welcome to get on our customer waiting list with the show sold out) but let me make the opposite case.

It has been amply demonstrated that Cutting Taxes across the board increases tax revenue as the money gets spent over and over (and is taxed over and over at the lower rate). It’s a simple business principle. You make more money selling 5 items with a $1 markup then 2 items at a $2 markup.

Remember Williams Restaurant? If you can’t sell a $20 steak sell $8 burgers and sell more of them.

People seems to have this image of rich people as Scrooge McDuck with a Money Pile diving into it, or of Mr. Krabs chasing pennies, you are more likely to see the rich chasing profit and or comfort and both of those things generate jobs.

It is the rich who chasing profit, invest in new business’ and ventures financing both their ideas and the ideas of others. This is the a big job creator.

And it is also the rich who after making said money buy expensive things like yachts and customer cars or restoring WW 2 Tanks and other expensive hobbies, this employees a lot of people.

And it is the rich who keep their houses spic and span hiring staff and cleaning companies and landscapers etc…

And if you are an artist, tell me who is going to pay you $5000 for some bent metal or a faux stuffed emu? It is not going to be the avg guy. It is either going to be the rich who have money or the government who is spending another persons money.

The truth is many people don’t care about the revenue levels, they are simply socialists looking to redistribute wealth and punish those who in their mind have too much.

The secret to a happy life is to not worry about if someone else has more than you. Do the best you can with what you have and appreciate it.

And as I type this the unemployment rate went up to 9.8%. Unexpectedly I’m sure.

Ok you all know that the radio show is now how I make my living. I’ve got enough of a pad that I have till the Jan shows to get to the point where it supports me. I’ve gone door to door (with some success) I’ve e-mailed bloggers (with limited success) and I’ve called conservative groups (with no success). Let me make the argument directly why YOUR business and or group should be advertising on DaTechGuy on DaRadio:

#1. Reach:

WCRN is a 50,000 WATT AM radio station in the second largest city in New England. My show as an evening show broadcasts when other stations are powered down. During the day the station is heard in 7 states, at night that number nearly doubles and includes Canada. Why would you NOT want to run ads with that kind of reach?

#2 Bloggers

My guests for every show are bloggers, Large National Bloggers and smaller local bloggers. Each of these people have regular readers and twitter followers. Stacy McCain has just got his 5,000,000th hit. The Lonely Conservative is rated a top 100 conservative blogger, Sissy Willis (show 3) has almost 3000 twitter followers. If even one in ten of their readers, followers etc tune in that extends the audience tremendously, particularly when said blogger posts about coming on.

#3 Audience

WCRN has been building an evening of political talk with some success, we had 27 local, state and federal office seekers appear on our big Halloween show. Activists, Tea Party members, political junkies and conservatives have been attracted to the show.

#4 Timing

Hey who would want to buy ads on a new political show featuring Nationally known bloggers, whose audience is composed of people who follow politics that reaches all of NH during the 2011 primary season?

#5 Price:

I am buying the time on the show. So the ads are bought directly through me. So for as little as $20 for a single 15 sec ad or $198 for two 30 second ads per show for 4 weeks (8 ads) or $720 for 16 minutes of advertising over four shows.

If you are say Mitt Romney’s Free and strong America PAC. How much would you pay to get a regular 60 second commentary played for times a show for four weeks, giving you:

  • That reach
  • Those online blogger streamers
  • That audience
  • And all just in time to lay the groundwork in NH.

How much? You would sure pay more than $720 every four weeks! In fact you’d buy that time just to keep Huckpac, or SarahPac or Tim Pawlenty’s Freedom First Pac, or Newt Gingrich’s American Solutions Pac etc from getting those 50,000 watts for themselves. I mean that’s under $9400 for a year! Do ya think any of those Pacs can afford that? Cripes If I’m the dems I’d have a friendly business buy the time to keep them ALL off.

And on a smaller scale You are a conservative non-profit trying to gain membership or a smaller blogger trying to generate hits. $198 buys four 15 second ads on 4 shows or two 30 second ads on those same for shows!

Or say you are having a Conservative event like CPAC For $810 you would have Thirty Six 30 second ads promoting CPAC every week in Dec and Jan beamed with 50,000 Watts all over New England and beyond!

This is only the second week of the show.  The time to get in the door is NOW before the room gets full.

If you want me to contact you with more information ad a comment with contact info, I’ll grab the info (without putting the comment online) and contact you directly.

Investment

1. In finance, the purchase of a financial product or other item of value with an expectation of favorable future returns. In general terms, investment means the use money in the hope of making more money.

2. In business, the purchase by a producer of a physical good, such as durable equipment or inventory, in the hope of improving future business.

investing:

to put (money) to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciation in value.

spending

to pay out, disburse, or expend; dispose of (money, wealth, resources, etc.): resisting the temptation to spend one’s money.

deficit spending

The amount by which a government, company, or individual’s spending exceeds its income over a particular period of time. also called deficit or called budget deficit.

I have had very little time to listen to Morning Joe lately as the Radio Show premiere is under 55 hours away and as the latest member of the 99 week club I have to be off selling ads or my mortgage will not get paid.

Today I had some time after dropping my son off at school and I had the displeasure of listening to John Kerry’s rant this morning.

In addition to boasting about the democrats win in Massachusetts (with a little help from their friends) John Kerry talked about how people have been decided by the republicans about taxes.

He repeatedly talked about government “investments” but then mentioned corporate “spending” on lobbyists to stop good things like carbon and energy taxes.

This is the height of liberal speak. So lets bluntly say aloud what needs to be said:

Government doesn’t produce anything. Every Dollar that Government has is collected in taxes or fees or fines from either the public or businesses. The only exception I can think of are leases of government (read the people’s) property.

Government doesn’t invest it SPENDS. It may spend on useful things , the Military, food inspections, the National Weather Service, but these are not investments it is spending.

Business however when it spends it does so for a return. That is a true investment. Even the use of lobbyists to effect a law is an actual investment with the expectation of a return.

I have one simple rule. If an official refers to spending as an investment, that tells me that they can’t justify it without wordplay.

Have some guts! If you think your spending is good and worthwhile and justifiable then call it what it is and defend it, but don’t’ insult my intelligence by calling it an “investment”.