- Joined
- Mar 31, 2005
- Messages
- 10,232
- Reaction score
- 3,006
The stock market started its slide when it looked like Obama was going to be elected, then continued to fall when Democrats got control of Congress.
Going Galt is one way that entrepreneurs can signal their disapproval of the Federal government’s handling of the economy. To look at how Galt the economy has become look at Federal receipts. That is not anecdotal, but a dipstick measurement of how much money the Feds are taking in, which is about as accurate a measurement of how much Galt-by-Choice or Galt-by-Fiat is occuring:
Hemorrhaging Federal Receipts,
Looks like Obama's tax raising proposals are reducing current tax revenue.
New risky investments don't make sense if your return after taxes will be the same as if you left the money in the bank.
Going Galt is one way that entrepreneurs can signal their disapproval of the Federal government’s handling of the economy. To look at how Galt the economy has become look at Federal receipts. That is not anecdotal, but a dipstick measurement of how much money the Feds are taking in, which is about as accurate a measurement of how much Galt-by-Choice or Galt-by-Fiat is occuring:
Hemorrhaging Federal Receipts,
Looks like Obama's tax raising proposals are reducing current tax revenue.
New risky investments don't make sense if your return after taxes will be the same as if you left the money in the bank.
