Monday, September 19, 2011

Buffett Rule

Obama is going to roll out his new plan that includes the "Buffett Rule". We all know that giving the government more money is "not" the solution. What most people do not understand about economics is that you need to take the "first derivative". The first derivative removes all the "constant" functions so that you see second order functions as sloped straight lines. Now you must ask why all this is so important and what it has to do with Obama?

Think about it this way. Buffett is on top and is not going anyplace. He is an old man who is now very comfortable with his life. Paying more tax does not have much affect on him, but it has a big impact on people who are "moving" or want to "move" up. The reason this is important is that it is these "movers" who drive the economy, not people like Buffett. For every Buffett, there is at least a thousand who are trying to "move" up. When you look at economic decisions made by our government, you need to look at how they affect the thousands of people who are trying to move up rather than people like Buffett who are already on top.

If the government adds rules that hurt the people on top, these same rules almost kill those who are trying to move up. People on top like Buffett have the resources and staff to deal with all the rules, but those small people who need all their earnings to grow are the important ones.

Who are you? Are you on top or are you one of those who are trying to "move" up? If you want to "move" up, you know who to vote for don't you!!!