tag:blogger.com,1999:blog-816559531110064247.post1162159060564832558..comments2024-03-08T01:03:44.522-08:00Comments on Humble Student of the Markets: The US budget dilemma in contextCam Hui, CFAhttp://www.blogger.com/profile/09672203690656029787noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-816559531110064247.post-80225198839654507722011-08-02T06:04:51.558-07:002011-08-02T06:04:51.558-07:00"There is no question that the yawning gap be..."There is no question that the yawning gap between government revenue and spending has to get closed in the long run."<br /><br />Really? Why?WSMhttps://www.blogger.com/profile/00131532131659441620noreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-6203819921875141102011-08-01T08:01:26.016-07:002011-08-01T08:01:26.016-07:00Cam: Be even more careful with your sources. Usin...Cam: Be even more careful with your sources. Using OCCD and Ezra Klein data is like accepting the word "cut" at its face value when included in a CBO Score. Total taxation in the U.S., including the associated costs of accounting, lawyering and clerical support, is now 50% of the actual economy of delivering goods and services that people voluntarily buy. That is what provoked the rebellion of the taxpayers, which is just beginning.LetUsHavePeacehttps://www.blogger.com/profile/15150236444828943359noreply@blogger.com