All posts tagged: Wealth

“Investment” and Romney’s taxes

Leave a comment
Economics / Political Commentary

One of president Obama’s favorite rhetorical tools is to use the term “investment” when discussing his economic philosophy. Common examples include “infrastructure, education, green jobs and basic research.” He calls these “investments” as he makes the case for more government spending (aka higher taxes and bigger government). Mr. President, I don’t think that word means what you think it means. “Investment” without a greater return is just an expense. Pumping $500 million into a solar power […]