BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com
“Don’t tax you. Don’t tax me. Tax that fella behind the tree.”
That’s how legendary Finance Committee Chairman Russell Long summed up the basic view of most Americans about tax policy.
The Beatles put it a different way:
Let me tell you how it will be
There’s one for you, nineteen for me Continue reading
BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com
According to Wikipedia: “A whipping boy was a young boy who was assigned to a young prince and was punished when the prince misbehaved or fell behind in his schooling. Whipping boys were established in the English court during the monarchies of the 15th century and 16th centuries. They were created because of the idea of the divine right of kings, which stated that kings were appointed by God, and implied that no one but the king was worthy of punishing the king’s son. Since the king was rarely around to punish his son when necessary, tutors to the young prince found it extremely difficult to enforce rules or learning.” Continue reading
BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com
The Long Run was one of the best albums ever produced, and I was thinking about the title song on Tuesday.
I have long believed that our federal government is far too focused on short-term thinking, and our policies are not built for the long run. And I think that most voters get that fact, which it is one of the reasons they are so frustrated with our national politicians.
Probably the best part of the President’s State of the Union speech came when he used the word “durable” to describe his vision of the American economy.
Of course, it was all bullshit, because the President has been the king of the temporary fix, but the sentiment is exactly right. Our economy needs to be built for the long run.
What does that mean? Continue reading