Tom the Dancing Bug by Ruben Bolling for March 18, 2011

Ouch!

Good article on taxes:

http://tinyurl.com/4epgc8t

Dear Paul Ruben Bolling,

When you talk about government and the economy, you remind be of two characters: Shaggy and Pee Wee.

Go back to school and stop buying lottery tickets.

@ Doug Dean

With out a cogent argument on why Mr. Bolling should go back to school you fail to have any impact with your criticism.

To put it more succinctly, “Put up or shut up”

Nice riff on DC’s Vigilante, by the way.

The bigger the lie and the more often it is told, the more it is believed.

According to USA Today, our government is facing $63.8 trillion of debt obligations – sovereign debt, pension liability, entitlement obligations, health care, and so on. Your household’s share is $546,888. That is not a misprint; that is what the taxeaters’ spending habits have racked up on your dime. That’s why we aren’t getting along so good these days.

Do the math.

Government spending doesn’t create jobs. Private wealth creation creates jobs.

I used to disagree with the author of this comic. I didn’t until now suspect that despite his education he and his adherents were abysmally, box-of-rocks ignorant.

@ Doug Dean

And yet, for all that, bond rates and government borrowing costs are near rock bottom. Could it be that despite your towering lack of ignorance you didn’t understand the point of the comic strip?

As for government spending not creating jobs, try telling that to all the people who’ve lost their jobs due to government cutbacks. And if “private wealth” creates jobs, how do you explain the 8.9% unemployment rate these days despite record levels of private wealth concentrated in the hands of a few financiers (much of it donated & guaranteed by taxpayers, by the way)? Perhaps your lack of ignorance is selective?

@Doug Dean

Funny post. You’ve shown quite clearly that you’re the “box-of-rocks” ignorant one here.

“Government spending doesn’t create jobs.”

Wrong, Government spending can create jobs just as easily as private spending.

“Private wealth creation creates jobs.”

Wrong. Private spending can create jobs. All private wealth creation creates is private wealth.

As for the debt (racked up by Reagan, H.W Bush and W. Bush), it isn’t the problem you seem to think it is. The main problem with it is that it was created with poorly guided spending. We have what is known as a “fiat currency”. This means in essence that we’re not on the gold standard any more and if we want to solve a problem like unemployment we can simply print the money we need. The constraining factor is the labor supply and we won’t see inflation by printing money, if spent wisely, until we again have a tight labor market. When that happens, we can raise interest rates to bring inflation under control.

Oh, and since your misinformation seems the type to claim Social Security is a problem, it isn’t. It is fine. Whenever people try to claim it is in trouble they combine it with Medicare and Medicade to make it seem like all 3 are equally bad off. Social Security is fine.

Scooby’s message to Doug, “Ruck Roff.”

I’m coming awfully late to the discussion, but I would like to compliment Lynx on the cogent remarks and to compliment the cartoon for its pith & bite.