Bovie Medical Insights

Fiscal Cliff Put in a Format That We All Can Understand

Posted by Bovie Medical on Wed, Jan 9, 2013 @ 05:51 PM

A comedian explained what a trillion dollars was, and I used it in a blog.  Sometimes these crazy numbers our government uses makes us just fog over.  To understand a trillion, just pretend you started a business when Jesus Christ was born.  You ran it so badly that you lost a million dollars a day.  You continued to run the business right up to today losing that million dollars a day.  Then your family continued to run the business with the same level of ineptitude for another 727.7 years.  You now have amassed a deficit of One Trillion Dollars.

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Topics: Rob Saron, Fiscal cliff

Thoughts on the WSJ's "Looking Past the Fiscal Cliff to Fixing Taxes"

Posted by Bovie Medical on Fri, Dec 28, 2012 @ 03:36 PM

A 11/13/12 WSJ article titled, "Looking Past the Fiscal Cliff to Fixing Taxes," pointed out that the last time the US tax code was seriously adjusted goes back to 1986.  This was before Al Gore's Internet had much commercial value, before the Euro, before most of us had cell phones, and before the first baby boomer was old enough to retire.  

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Topics: Rob Saron, WSJ, Fiscal cliff, fixing taxes

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