Ashlea Ebeling, of Forbes, breaks down the upcoming ACA tax hikes, many of which will affect “regular folks” making less that $250K.

She notes that  Americans For Tax Reform has a full list of ObamaCare’s 20 new or higher taxes on American families and small businesses.

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If I understand the Supreme Court’s decision on ACA correctly, the Court ruled that the federal government can’t make you (or the states) PURCHASE a product that you don’t want, but they can TAX you for not purchasing it.   What do you think?

Click to read the Court’s findings.

 

 

 

Abound Solar received a $400 million loan guarantee from the US DOE in December 2010.  It stopped manufacturing solar panels last February and has announced it will declare bankruptcy next week.  According to the DOE,

U.S. taxpayers may lose $40 million to $60 million on the loan.  Details here.

“There are too many people out there who are struggling, too many folks out of work, too many homes that are still under water. Of course, we need to do better, the debate is not whether, it is how. How do we grow the economy faster? How do we create we create more jobs? How do we pay down our debt? How do we reclaim that central American promise that no matter who you are, you can make it here if you try?”

Barack Obama, New Hampshire 6/25/12

The President is correct about the central question of this election.  We’ve seen Obama’s strategy for growing the economy over the last 3 1/2 years.  We’ve seen Romney’s strategy on the smaller scale as Governor of Massachusetts and as a businessman running Bain Capital and the 2002 Olympic Games.  A second Obama term promises additional stimulus, a “fairer” share of tax burden on the wealthy, and more government regulations.  A Romney presidency would most likely bring tax cuts, a reduction of the size and range of federal agencies, and reduced regulation.  Obama will continue to add to the national debt in an attempt to spur growth.  Romney will attempt to spur growth by shifting the delivery of services to the private sector.  Both men would need to deal with the looming problems of growing health care costs and huge entitlement costs.  Who has the better vision to grow the economy and help the country fulfill the American promise?

In the 1934 book, “The Logic of Scientific Discovery,” Karl Popper wrote:

“Long-term prophecies can be derived from scientific conditional predictions only if they apply to systems which can be described as well-isolated, stationary, and recurrent. These systems are very rare in nature; and modern society is not one of them.”

Is political science a “real” science?  Here is an argument for and here is an argument against.  What do you think?