Posts Tagged ‘congress’

Divided Congress

January 8, 2011

The Senate is controlled by the Democrats and the House is controlled by the Republicans.  One benefit of a divided congress is that in order to get anything passed it will be necessary to achieve some level of bi-partisanship.

That is not a bad thing.

It will be necessary to hammer out some common ground…or do nothing but argue for two years, which is unacceptable to everyone.  Congress will have to find a way to work together.  A shared goal and agreed path will have to be found.

Perhaps, having a divided congress will help to unite a divided country.

That would be a good thing.

Advertisements

Lame Duck?

December 20, 2010

In the closing days of this years congress the politicians are busy.

The tax deal has been passed.

Another large spending bill was defeated.

Don’t Ask Don’t Tell was repealed.

And there is more to come before the end of this lame duck session.

I’m not quite sure what to make of this flurry of activity at the end of the year.  I do know that I regularly pray that God will help our political leaders to make good decisions.

I think that I may need to pray harder.

January is coming, and it will be a different congress.

I hope that is a good thing.

 

 

 

The Burden of Unemployment

November 24, 2009

The burden of unemployment could be considered from multiple views, society, the family, the individual and the workplace.  This post addresses the burden placed upon the employer.  You see, when congress decided to extend the unemployment benefits, they did not talk very much about the price tag.  The fees that each business must pay to the state for every employee is calculated by the cost of the program.  Extending the benefits meant higher costs.  Higher costs are then passed on to the business.  This year those costs have skyrocketed. 

I thought the goal was to create jobs, not destroy them.

The current unemployment policies are creating a tougher climate in which to survive in business.  How many small businesses will not survive?  How many jobs will be cut to pay for the higher cost? 

Higher minimum wage, higher taxes, higher unemployment costs, tougher, more expensive, environmental guidelines; and soon, if Democrats have their way, forced health insurance or penalties are all combining together to make it very difficult on businesses.  We are creating a very bad climate for the small business. 

What will the future bring?  What are the repercussions of the decisions of our government on the economy?  Where will we be in a few years?  Did America really want this kind of change?

Need versus Want

October 20, 2009

Early in our married life, my wife and I often had conversations about the difference between “need” and “want”.  There are some things that we need, there are many things that we want.

Our government could learn from this simple life lesson.  There are many things that our government is spending money on that are not needs.  When our deficit for a single year tops a trillion dollars, as it has this year, we need to make changes. Change is going to be painful for some, but our governmental leaders should really take a hard look at where our money is going, and they should greatly reduce or completely eliminate things in the budget that are not needed. 

It’s painful, but necessary.  Whether it is personal finance, corporate finance or government finance, the basic principle is still the same.  You need to have more money coming in, than you have going out, or you are in trouble.

As a country, we are in trouble.