Tuesday, December 8, 2009

Looking through Government Lies on Economy

Tax withholding is the clearest indicator of what is happening with employment and corporate earnings.

What these charts mean is somehow, someway, the state will need to take more from you. It will be in the form of fees, tickets, taxes and any other creative way they can remove the fruits of your labor from you – it is a coming my friends.



The Bureau of Labor & Statics can play with the definition of what unemployed means, the ole' Clinton trick of what is the definition of is, is?

The fact is, what matters is how much people are earning, and that is why these charts are so telling. Individual withholdings are down Y-O-Y, and the corporate withholdings are in the negative.



The real economy is suffocating from too many regulations and taxes - and all these criminals in DC will try to do is bring us more of the same.

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