Tuesday, January 27, 2009

Guess where the next bailout is going

The Kentucky Education and Workforce Development Cabinet just reported the state's unemployment rate climbed to 7.8% in December, its worst rate since May 1988.

Fighting the trend and continuing its remarkable growth rate was the government sector, again, which actually increased by 1200 jobs last month.

And they want to raise taxes.

1 comment:

Hempy said...

It doesn't matter where jobs are created. Wages are paid, money is spent. That is a necessary component of any successful economy.

Your mindless nonsense about an increase in taxes is some more anti-American values. Were taxes proportional, the rate would be much lower so long as the movement of all moneys were subjected to proportional taxation. As Alexander Hamilton wrote in Federalist Paper 12:

"The ability of a country to pay taxes must always be proportioned, in a great degree, to the quantity of money in circulation, and to the celerity with which it circulates. Commerce, contributing to both these objects, must of necessity render the payment of taxes easier, and facilitate the requisite supplies to the treasury."

But then proportion suggest fairness, and fairness in taxation is the last thing that Republicans, conservatives want. They prefer lower taxes on the few, higher taxes on the many.

It's easy to see why John Stuart Mill wrote:

"Conservatives are not necessarily stupid, but most stupid people are conservatives."