Thursday, October 30, 2008

"Kevorkian Economics"

Found this interesting blog post, "Kevorkian Economics," over at

Let's state the obvious simply because no one else will. Investors, small and large, are afraid of Democrat control. Enacting their policies on a sick economy would be like asking Jack Kevorkian to perform your grandmother’s triple bypass. Enacting McCain’s plan is the equivalent of sending grandma to world renowned Johns Hopkins Hospital in Baltimore. You don’t know how long it will take for grandma to get well, but you do know that she will be getting the very best care for a speedy recovery.

Nothing like getting right to the point!

Tax policy affects a million small decisions every day. Recently Miami Dolphins owner H. Wayne Huizenga said the election is affecting his decision on whether to sell his share of the team. Citing Obama’s tax plan he said, "He wants to double the capital gains tax, or almost double it," Huizenga said. "I'd rather give it to charity than to him."

Average citizens are now discussing whether they should take their money out of their 401Ks before Democrats take control of the accounts. Small business owners are bracing for cutbacks. And yes, even Joe the Plumber is wondering whether it is worth it to buy a business. Multiplied, these decisions will continue the economy on a downward spiral.

Tax policy does matter-especially when we want to get our country's economy back on track.


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