Building Wealth Requires Saving

There has been a lot of talk about economic growth over the past few months. Economic growth is one of the hot-button issues of the 2012 campaign. Each candidate would like to put in their two cents about what creates economic growth. Republicans like to say that they are the “pro-growth” party. President Obama likes to say that his policies have created some economic growth, and we need to re-elect him for all of the growth to be realized. But what really drives growth? Saving does. Saving drives economic growth. Yes, there are other things that are economic drivers, but saving is a huge economic driver.

Coming Back Soon…

As many of you have noticed, I have been on hiatus from the blog for a couple months now. I’ve been taking a class at the local community college, and made a deal with my lovely wife (http://www.twitter.com/eurofiedchic) to stop blogging while I was taking the class.

Are Voter ID Laws Wrong?

In 2008, the Supreme Court upheld Indiana’s voter ID law, in a 6-3 decision. It held that the burden of requiring voters to have a state ID was offset by the benefit of reducing the risk of fraud. Voter ID laws have been a continuing source of tension between the two parties in the United States.

Payroll Tax Holiday and Government Shutdown

The payroll tax holiday extension and a bill to avoid a government shutdown are big news around the country, as partisanship appears to be crippling Washington yet again. But, in what is becoming more and more commonplace, there is breaking news from the Associated Press that the two top leaders in the Senate may be nearing a deal.

2012 Update: Illinois Congressional Districts

If you’re new here, you may want to subscribe to my RSS feed, or subscribe to receive posts in by email. Thanks for visiting!As we get closer to the March 20, 2012 primary election in Illinois, I wanted to review the races in each congressional district, to see who’s running and who’s likely to win….

The Case Against Term Limits

One common lament of voters this election cycle—especially Republican voters—is that Congressmen are not subject to term limits. Many candidates for president, in fact, have made congressional term limits a part of their campaign promises.

Cross Examination: Does God Have Free Will?

I’ve been thinking about God’s free will and omniscience over the last few weeks. This was prompted, as a good many discussions and thoughts are, by one of my commenters, boomSLANG, who also prompted an earlier post about omniscience and omnipotence.

2012 Update: A Newt Gingrich Resurgence

Over the last week, Newt Gingrich has made a comeback in the 2012 Republican nomination polling. It was only months ago that he was dismissed as a campaign failure after much of his staff resigned his campaign, and reports were rampant about how it would end his shot at the nomination. Now, he’s even beating Mitt Romney in one poll. Can he win the nomination?

Analyzing Rick Perry’s Flat Tax Plan

One of the consummate arguments in politics is over tax policy, and the 2012 presidential election is no exception. President Obama and the Democrats have decided to run on the “tax the rich” mantra, while the Republicans have focused on what former Reagan economic advisor Larry Kudlow says is more “pro-growth, flat-tax reform.” Herman Cain has his 9-9-9 tax plan, Rick Perry has a flat 20% tax plan, and even Jon Huntsman has come out with a flatter tax proposal, with a top tax rate of 23%.

How I Agree With Occupy Wall Street

While the Occupy Wall Street movement may not have a very coherent message as a whole, there are some messages that stand out more than others. Some of these messages I agree with, some I don’t. One message of the Occupy movement that I wholeheartedly endorse is one that calls for the cutting of special tax cuts and deductions from the tax code.