Saturday, February 18, 2017

Tax and Spend

Greece in worse trouble than ever.
"With the Greek government pushing through more tax increases to comply with austerity requirements, more than 21,000 self-employed workers and small firms have shut down in the past two months, with many seeking help from accountants like Mr. Tsamopoulos to close their books. Yet many are not actually closing their businesses.
“Most of these people will keep working,” Mr. Tsamopoulous said, arching an eyebrow from behind his desk as clients waited in a smoky room outside. “But now, they’ll do it on the black market. They’re saying they need a way to survive.”"
The Greek government is failing. The people should reject it completely.

Obama may have doubled the federal debt, but federal spending grew more under Bush and Reagan than under Obama.

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