Wednesday, July 22, 2009

Belling's Economics--He's Right

Belling reports anecdotes:

Mequon wives are cutting their own lawns....

Local health spa closing......

High-end cars now going through BP car-washes...

Fishing charters down......

Airport limos down, personal cars now transport...

Here's one Belling did not report:

A recent nationwide survey of family physicians shows 90 percent of dotors are finding patients increasingly concerned about their ability to pay for health care, and 58 percent of doctors reporting an increase in patient cancellations --BizJournal Milwaukee 7/22/09

Anent that medicine biz: "agency" RN's (temps) are not getting work; what was regularly 2-3 days/week is now 1, maybe 2.

Belling observes that a new tax ain't "stimulus." He's right.

3 comments:

Phelony Jones said...

He explained the impact of taxing/hobbling the "rich" very effectively today.

I wish we could have more people in the spotlight explaining it in such terms.

Deekaman said...

The rich don't deserve it. They didn't work hard for their money. Why, they were just lucky and as such should forfeit much more than the average.

Seriously, if I came up to you on the street and demanded money to pay for my healthcare, how would that go over?

Yeah...just like that. Theft is theft.

Amy said...

The people who cut lawns, worked at the salon, washed cars, drove limos were - undoubtedly - far from rich.

But they didn't need those jobs or income, did they?