Friday, June 24, 2011

Well we can't have that!

So a little earlier I linked to a St Paul Pioneer Press summary of the state budget showdown which included this useful and concise summary:

"One side tends to see government in expansive terms, based on the perceived needs and demands for services. The other tends to see government in limited terms, bounded by the amount of money coming in."

I am in the latter camp as I think it is obvious that the perceived needs and demands for services are virtually unlimited especially when the payment for those needs/services are indirect and delayed.

As if on cue, we get the Treasury Secretary's testimony that "the Obama administration believes taxes on small business must increase so the administration does not have to 'shrink the overall size of government programs.'”

You might think the abysmal rate of economic growth and unemployment above 9%, combined with the track record of small businesses creating jobs, might lead the administration to be looking for ways to help rather than hurt small business but you'd be wrong.  The first priority is and always will be to maintain the size of government. http://www.cnsnews.com/news/article/geithner-taxes-small-business-must-rise

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