Economics: A trillion here and a trillion there ...

The saying used to be "a billion here and a billion there and before you know it you are talking about some real money."

A 10-year US government budget was announced today.

There are things the government should do. But one wonders if they are doing too much.

Do you ever get that nagging feeling that maybe the solution to the problems is sometimes what is causing them?

Part of how they are funding this budget is "soaking the rich."

As someone who is NOT rich, I benefit from that kind of thinking.

But that approach is being used in California and the result is that when the rich are really doing well in good economic times the government gets lots of money which it spends and when the economy falters the revenue from the rich falls, the government cries, we can't cut the programs we started!

UPDATE: See the pdf of the budget.

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