Tim Gearty Sits Down With Paul Stahlin For the Longest 4 Minutes Of Your Life
First… Tim, can we talk about your wardrobe for a moment? That suit looks like something Bob Barker wore in 1978, what the hell are you doing? I expect better from you, brother, don't let me down in the future. Anyway. Mobility is a hot topic – apparently not hot enough for Tim's audience to […]
Accounting News Roundup: America’s Fiscal Conundrum; FASB Attempting to Price Convergence; Rent and Healthcare Are Both Too Damn High | 10.20.10
Pledging Our Way to Fiscal Disaster [Tax Vox]
Three-quarters of Americans believe that entitlement programs such as Medicare and Social Security “will create major economic problems” over the next 25 years. But two-thirds are opposed to addressing these challenges by reducing benefits, and 56 percent are against raising taxes.
And congressional candidates, who read the polls, are scrambling to pander to the free-lunch beliefs of their respective bases. As a result, they are locking themselves into opposing both reductions in future benefits and tax increases.