May 28, 2013

Innovation: Interrupted

College debt : is it a problem on the economic horizon?

Here is an essay that thinks not.

But the thinking here is that the framing of this argument as it being a form of debt does not meeting the traditional qualifier of an overvalued asset is missing the bigger point: that a huge financial debt load on a young person entering the work force stifles innovation --  and thereby stifles economic growth.

How? This person is far less likely to take the risk of starting a new enterprise when a fat monthly check needs to be mailed to the bank. Instead, it's a more logical path to go "work for the man", get that steady income flow and save the aggravation.

Not good; especially when considering that this is the demographic of people most likely to do so in the past.

May 26, 2013

Whoops! So it IS Affordable After All?

At least a certain contributor to a certain magazine is published as thinking so ( see link below) ...
Running the $'s can be mind-numbing, so I don't know the validity of this author's argument of "guess what? It IS affordable after all!"

But you an take this to the bank: the premiums in the red states WILL be relatively higher than what has been see in the first 3 states to publish. So don't be surprised. The con's will rig it that way to inflame their soldiers.
"Unexpected Health Insurance Rate Shock-California Obamacare Insurance Exchange Announces Premium Rates"

May 21, 2013

IRS vs Tea Party

So the IRS supposedly targeted Tea Party groups for extra scrutiny, hmmm?  Two points:

1. If an organization has as one of its founding planks its desire to "stop paying taxes", isn't this kind of a tip-off? Not to mention; a good place to start looking?

2. Then again, it could be viewed as the ultimate example of government waste.  After all, how many Teabaggers have you met making enough money that would make them taxable?