Liberty on Tap since 1984
Kevin R Mullins has not received any gifts yet
Over the past two years, there has been much discussion regarding our Federal Government Fiscal Crisis. Most of the discussion has involved whether we have a revenue or a spending problem.
When one looks at historical data, it is clear that we have a spending problem. To illustrate this point, the most appropriate measure is to gauge our revenue and spending as a percentage of our Gross Domestic Product (GDP). This is very similar to a person or business…
ContinuePosted on June 2, 2011 at 6:30pm — 1 Comment
There has been much discussion regarding the most recent recession, often referred to as "The Great Recession". I have often felt that using the word Depression may have been avoided due to the ensuing panic this would have caused.
Even though we are technically in an economic recovery, there are many statistics that clearly show that the recovery is not sustainable. I would…
ContinuePosted on May 28, 2011 at 1:33pm
“It’s official: The 2007-2009 recession, which wiped out 7.3 Million jobs, cut 4.1% from Economic Output and cost Americans 21% of their Net Worth, marked the longest slump since the Great Depression.”
Posted on September 23, 2010 at 11:00am
In just three months, on January 1, 2011, the largest tax hikes in the history of America will take effect.
They will hit families and small businesses in Three Great Waves. I normally like to provide "short and to the point" information, but the topic of Increasing Tax Rates requires some more detailed information.…
Posted on September 16, 2010 at 7:04pm — 5 Comments
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