Economic Musings

Ok. Generally I avoid off-color language, but I've got yet another rant to get off my chest. And while it's mostly off-topic for this blog, I promise to connect the dots...

So there I was, walking the dogs home from work. I crossed the Fremont bridge, then down the block to the one major intersection I need to cross, just in time for the walk sign.

But there are cars stopped right in the middle of the crosswalk, underneath the red light.

A friend of mine posted a story on Facebook that purports to explain income taxes, with beer. This led to a long discussion largely in support of its conservative message. I've found it on a few forums, purportedly by David R. Kamerschen, Ph.D. Professor of Economics University of Georgia. Here it is:

Our Tax System, Explained in Beer

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100.