I've often thought part of our problem is the fact that government will increase rules and regulations that will reduce the profitability of business (like global warming). Business profits go down so the amount of revenue they have declines, this reduces the value of the business and it's assets, which in turn reduces the amount of taxes the government can collect. Or in other stellar business management techniques or government taxes the snot out of folks buying new cars, so in response we buy fewer cars which means fewer cars are built, this means we have fewer auto workers and auto plants, you can't tax autoworkers and auto plants that aren't there. This also leads to fewer car dealers, fewer car sales and fewer car salesmen, and fewer taxes.
Government wants to jump in and save us from ourselves, this usually means less economic activity while the government has more need for revenue so they can hire more people to stop us from producing or purchasing more things, it becomes a never ending downward cycle.
Want to fix the problem, limit the Federal government to no more than 10% of the GDP. For any congressmen or senators that means if you pass laws that reduce business sctivity you get less money. Allow state and local governments no more than 155 of their GDP.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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