Paul on Politics: The Worth of Third Parties

Capitol dome

My guest writer today is my uncle Paul. The definition of a professional politician to me is one similar to Representative Adam Smith. Moreover, professionals are persons who deliberately chose to make a career of running for office or staying on for years by default. They will do most anything to remain in office. One trait is that professionals follow political winds without regard to ethical … [Read more...]

Paul on Politics: Market versus Government Economy

Government distorts the market My guest writer today on the Rickety blog is my uncle Paul. Your comments are welcome. A Productive Economy Money for services and service jobs arises out of a productive economy -- not vice versa. Moreover, service jobs are useful to the economy only if the service furnishes increased value to the products we make to sell in our markets and foreign markets. That … [Read more...]

Paul on Politics: How to Reduce the Federal Deficit

My guest writer today on the Rickety blog is my Uncle Paul. We have been talking about the deficit and I present here some of Paul's thoughts. He characterizes them as "musings" that are subject to discussion and not his final word. Percentage Cuts How to reduce the Federal deficit? Lopping off a percentage across the board is one strategy and used most of the time. I don't prefer that type of … [Read more...]