RichC | December 21, 2024
Where should you work — for the government or their private counterpart? From economist Stephen Moore: According to @RealEJAntoni‘s recent analysis, the cost of state and local government employees is a staggering 41.7% higher than their private sector counterparts. While wages are 24.4% higher, the real kicker is benefits—an astonishing 83.0% more!
RichC | September 6, 2024
Europe and their big government overreaches in restricting personal liberty by American standards, but that same heavy handedness often does more that the U.S. to protect an individual’s privacy from Big Tech and their sweeping data collection machines. Ever since social media and cloud-oriented companies desired to take ownership of their users data, it has […]
RichC | July 23, 2024
The political news this past weekend, after a successful Republican Convention in Milwaukee WI, was that President Joe Biden finally succumbing to pressure and bowed out of his 2024 re-election campaign. For most paying attention, it has been clear for sometime that age was catching up to him. Most in the know, saw the obvious […]
RichC | March 28, 2024
As we approach another presidential election in November 2024 (it is still a long way off) … I find myself wishing we had Ronald Reagan on the ballot. I’ve yet to decide whether he put my political ideology into words, or if his political desires and presidency formed the positions I hold today? Whatever, this is […]
RichC | September 30, 2023
Thirteen years ago I blogged on the US National Debt spiraling out of control (the US National Debt was $13.5 Trillion in September of 2013) … who knew we wouldn’t even remotely take this exponentially increasing monstrosity seriously? Now we’re $33 TRILLION in debt, running huge deficits, and adding to the national debt even faster […]
RichC | June 8, 2023
If the answer is “not enough” … check out this short YouTube video explainer.
RichC | May 27, 2023
Once again, politicians are taking our US SPENDING and BORROWING problem right to the wire. Everyone knows that eventually politicians will just raise the debt ceiling and borrow more. The Republicans want spending cuts and the Democrats want a “clean increase” so as to be able to pay promised liabilities (previous spending) and we all […]
RichC | May 2, 2023
It is a bitter sweet departure from Clermont County for my son Taylor. He has grown professionally and enjoyed his job as Planner for the last 8 years after moving back to Ohio from Williston, ND (being a Planner for Williams County was his first job out of college). He has been patient and taken on […]
RichC | April 18, 2023
Yup … ENFORCEMENT. … hundreds of IRS applications have been around for at least 25 years and dozens that have been in existence for more than 50. There were also pieces of software running 15 updates behind the current version. Fifteen! That’s like using a new iPhone with the iOS from the original iPhone … […]
RichC | February 28, 2023
This past month on our trip to Florida, I downloaded an audiobook on Hoopla from the library in order to save on iPhone data (our Mint Mobile plan has a 4GB limit). I started it on my AfterShokz headset while on the beach, but Brenda soon wanted to listen with me … so we both […]
RichC | February 1, 2023
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RichC | November 9, 2022
Skywatching and politics have little in common, unless one is stretching for a to put the two together in a morning after a November midterm election blog post. In the early Tuesday morning hours, before the election polls opened, the Blood “Red” Moon was being photographed and viewed by skywatchers — often referred to at […]
RichC | November 7, 2022
If there is one thing palpable in America, it is that Americans are worried about their country and our future. Ever since the COVID19 pandemic began and particularly since President Biden took office in 2020 … hard working, freedom-loving citizens in our country have watched their liberty and prosperity eroded. There is both concern and […]
RichC | October 18, 2022
As a former GOP VP hopeful would say, “You betcha.” In catching up on my Tax Foundation reading, one of their recent emails highlighted what internationally we have seen in off and onshoring is that businesses go to where they are treated best. It most often has to do with a companies lowest cost of […]
RichC | September 13, 2022
If you believe the number 13 makes for an unlucky day, you’ll probably point to that as an omen … but the deep, nearly 1300 points, drop in the Dow came as investors and economists were expecting an easing pace of inflation … not continued high inflation. The CPI report indicated a 8.3% rate compared […]
RichC | August 7, 2022
While discussing the “will it” or “won’t it” Inflation Reduction Act being pushed by Democratic leadership in Washington DC as a way to replace the failed 2021 Build Back Better spending plan by President Biden last week, I figured digging into the details might prove better than spewing left or right talking points. The bill […]
RichC | April 13, 2022
It is hard to stand by and watch the wasteful spending, bloating of government and divisive polices streaming from our Federal government in Washington DC this past year. Unfortunately there seems to be no stopping the progressive Democrats in Congress who push their leftist agenda, followed by a constant stream of poor decisions from President […]
RichC | January 25, 2022
So … how’s the economy doing in 2022? Well, if you measure it based on the stock market or maybe finding a job (if you want to work) … then the façade looks ok. Dig a little deeper and you’ll find out that your paycheck doesn’t go that far … IF you can find what […]
RichC | January 15, 2022
The post this morning was of the “friends and family” variety … and is not viewable unless you’re logged in. So for those visiting My Desultory Blog this Saturday afternoon, here’s a François-Marie Arouet, better known as Voltaire, politically oriented quote as an afternoon blog filler and to encourage registering. “To learn who rules over […]
RichC | January 8, 2022
It feels like we are obliviously sailing on the Titanic and ignoring a financial storm on the horizon. We know that there is a debt iceberg ahead and yet have convinced ourselves that the United States is unsinkable … and so … continue our TRILLION dollar money printing and our unsustainable spending ways. Congress spends […]
RichC | November 24, 2021
America has split down the middle on a lot of things that many of us took for granted just a few years ago. Our individual liberty is being eroded away with the help of progressives using propaganda and the heavy hand of the “we know better” bureaucrats to seize more power every day. The mainstream […]
RichC | October 9, 2021
If you think about it, the IRS will probably need far more than another $80 BILLION tax dollars to hire enough agents to track and follow up on every American who has a bank account or transaction over $600? A major component of President Joe Biden’s plan to raise revenue to pay for his trillions […]
RichC | July 3, 2021
As we transition to renewable energy and electric vehicles, the discussion I had with a German tourist on our cruise to Alaska continues to replay in my head. I am an advocate of free-market capitalism and smaller, less intrusive government … but have been known to stumble a bit and have supported government using incentives […]
RichC | May 12, 2021
In February 2021, I mentioned The Hustings news website which highlighted how much I appreciated that in America we can hold different political views and civilly debate issues without fear of government retribution (First Amendment). Unfortunately in the past decade or so our differences have become so divisive and derisive, that I’m not sure that […]
RichC | May 8, 2021
A few times before I’ve thought, and blogged about MMT or Modern Monetary Theory, when it comes to newfangled economics. Personally, I (nor many economists) can accept the thinking or rationalize the large deficits and debt path our country is on. In order to better understand the mind-set, I decided to read Stephanie Kelton’s book […]
RichC | February 9, 2021
Did you ever have a political discussion or receive an email that generated a desire to reply and explain? That sort of happened to me this weekend … but I decided there isn’t an upside in the one on one reply. The best approach, as is often the case when talking about faith and religion, […]
RichC | January 19, 2021
It’s not “breaking news” that we live in a changing United States of America or that propaganda and control over speech is being used to steer large swaths of the population towards leftist ideology … but what is eye-opening is just how coordinated the powers that be are in opposing the “rights” protected by our […]
RichC | November 23, 2020
One of the more disturbing trends during the COVID19COVID19 pandemic has been the infringement on personal liberty by politicians in the country.Thankfully we are closing in on a vaccine, but the heavy-handed restrictions that may have been tolerated during the initial outbreak, aren’t being received well by those who are trying to keep food on the […]
RichC | July 2, 2020
It sure would be nice to report all is well in Ohio, but unfortunately our returning to semi-normal routines and statewide reopening has hit a snag … at least according to those elected and paid to monitor our health. See coronavirus.ohio.gov. ALERT LEVELS: (all include “Follow all current health orders”) Active exposure and spread. Increased […]
RichC | June 24, 2020
By now we all have heard and know about the TRILLIONS we have borrowed and continue to borrow as a nation in deep debt, but few are willing to make any changes to the status quo before this house of cards comes tumbling down. What we don’t really thing about quite as much are the […]
RichC | June 13, 2020
It is officially time for me to start wearing the “grumpy old man” cap (or “GOM” as my “poke the bear” friend Jeff refers to it). I can’t believe the things our country is now divided over. Tomorrow I’ll detail a little more on the serious items, but today its the ridiculous attack on everything […]
RichC | May 15, 2020
We are all likely on information overload when it comes to the Coronavirus and how it has impacted our country and the world. Still, it seemed appropriated to include a reminder as we start to re-open the country that the threat is far from over – we have just “flattened the curve” as it were. […]
RichC | February 25, 2020
It is shocking to see the “rock-star welcome” (or thumbs down reception in socialist leaning countries) that “recent” American presidents get when they are overseas. I said “recent American presidents” in respect for the popularity President Obama had when traveling in the leaning countries of Europe; he was seen as tilting the U.S. to the […]
RichC | June 21, 2019
Taylor is my millennial antagonist when it comes to discussing politics, investing and both government and personal finances. We both enjoy debating, so it’s cool most of the time. He is also a product of his generation just as I am of mine. We view the role and expanse of government differently when it comes […]
RichC | March 7, 2019
I do miss browsing in bookstores … something our family would regularly do Sunday after church … and something my daughter and I would do “in the good ol’ days” when I would visit her in college. I suppose there are still a few bookstores around to enjoy, but nowadays I read what is recommended […]
RichC | February 7, 2019
The 2018 wireless phone Tax Foundation report came out in December 2018 and although we may have seen income tax rates drop, wireless phone plans continue to be ripe for the taxman’s pickings. It is shocking to see such a wide rate structure from all the different states (map above) but that doesn’t tell the […]
RichC | January 12, 2019
There is one thing that is consistent in Washington DC … politicians and bureaucrats love spending other people’s money. It doesn’t matter whether they are a Democrats or a Republicans … socialists or capitalists … politicians all want someone else to pay for their ideas. The current top two politicians in the news are newly […]
RichC | November 28, 2018
The Dow closed up 618 points on Wednesday after the Federal Reserve chief Jerome Powell indicated that "interest rates are just below the neutral level that neither aids or hinders economic growth." Investors looking for something positive as they wait hoping for some good news during the G-20 meeting between President Trump and China’s Xi […]
RichC | November 13, 2018
After Monday’s selloff (see below), what lies ahead for the U.S. economy? That thought has some of seriously thinking the next economic downturn could come sooner rather than as expected … later. The sell off … "again" … has me wondering if we are prepared for the next recession? Is the U.S., or the world, […]
RichC | October 6, 2018
As we watch the Brett Kavanaugh hearing play out in the political circus that has become Washington DC politics, some Americans have lost sight that there are actual people and lives at the center of these hearings. Senate confirmation hearings were once straight forward, and usually concluded with a vote to confirm, if the appointed […]
RichC | May 6, 2018
Parkinson’s Law has a wide lattitude of application or perhaps abuse by those of us that do the same for Murphy, but I’ve heard it most often when referring to bureaucratic management and the perpetual growth of an organization. The adage goes that “work expands so as to file the time available for its completion.” […]
RichC | March 10, 2018
A simple explanation of crony capitalism in this Prageru video, but a challenging to stop corruption that exists with politicians running governments.
RichC | February 10, 2018
Here is the short take from the guys who wrote #thememo. No matter which political party is using the FBI, Department of Justice … or for that matter IRS or other agency … in order to stack the deck to achieve their favored political outcome, it has to stop. Those abusing power need to be […]
RichC | February 8, 2018
So much for the "good news" that tax cuts will eventually providing revenue by helping the economy grow. The "hope" is that over time the economy growing will put more people to work (it is) and that the snowball would eventually grow paychecks (it is) AND that we could begin to reduce our country’s yearly […]
RichC | January 21, 2018
We are dealing with a government shutdown once again. Our ineffective elected politicians in Washington DC can’t figure out how to work together in a way to even keep the federal government doors open for business … let alone do the actual work to improve the country without making someone suffer (those depending on a […]
RichC | September 7, 2017
Obviously the "promises" made by the Obama administration, and the Democrats who passed the Affordable Care Act (ACA), have failed us … and the current GOP controlled congress have failed to fix, repeal or replace (their promise if elected). Who in middle class America can afford health insurance at $1000/mo with a $12,900 deductible? As […]
RichC | August 3, 2017
Just one more irritation as to how politicians spend tax dollars … and line their own pockets. For the past couple of decades, the private sector has been struggling … particularly the blue collar worker and mid to lower management employees. Pensions are non-existent, benefits eliminated and health care for the private sector a nightmare! […]
RichC | June 13, 2017
There was a time when I thought I could count on Republicans who now control the House of Representatives, Senate and Whitehouse in Washington DC to reduce taxes — how naïve of me. The latest going around is how "gasoline and diesel taxes haven’t been increase in years and how they need to go up […]
RichC | June 4, 2017
From a small business perspective, excessive debt is near the top for reasons entrepreneurs fail in business. In my experience there are bankers and leasers with terms in the lenders favor, but not in the borrower’s favor. Bankruptcies are harmful not only to the person and family going through the ordeal, but on the creditors […]
RichC | April 18, 2017
… the IRS bite feels just the same.
RichC | April 2, 2017
The beginning of April is one of my least favorite times of the year … tax time … but for a couple reasons, next year should be better. This is the last FULL year to file for MomH and her trust return. We should see lower tax rates for 2017 (if retroactive?) Republicans are advocating to simplify […]
RichC | February 16, 2017
Unless you’ve had your head in the sand pile, you know that there is a shake-up happening in Washington DC since the election of President Donald Trump and his taking office less than 1 month ago. Much of the economic optimism seen by new records on Wall Street, job incentives and both interest rates and […]
RichC | November 9, 2016
RichC | October 16, 2016
I love simplicity … so when tossing around political footballs, I generally join the team that at least "attempts" to simplify government and taxes. I’m not naïve enough to believe it will ever happen or even work well, but after filing personal (for friends and family), organizations and business taxes for years, it would sure […]
RichC | April 21, 2016
I would have put the title of the book in the subject line, BUT it is a long one: We the People: The Modern Day Figures Who Have Reshaped and Affirmed the Founding Fathers’ Vision of America … whew! Title aside, I’m really looking forward to readings Juan Williams thoughts on the impact on America […]
RichC | February 8, 2016
It is well past time that we elect representatives with a little more commonsense than the ones who churned out “feel good” public assistance help from Washington DC and many state houses. They love handing out “other people’s money.” Perhaps they think of themselves as do-gooders and either, don’t see or don’t care, that the […]
RichC | September 23, 2015
No doubt the American Dream is slipping away from the middle class, but a quick look a few graphs below depicts an even more dismal image of a nation in decline. Is it too late to turn our country around? Let’s hope not! Unfortunately too many regulations, thousands of laws, taxes on taxes and […]
RichC | July 27, 2015
Small business owners who regularly collect sales tax on their goods and services might not be quite as enamored with the “economic rebound” being boasted about in Ohio. While I do support Gov John Kasich and realized he does not have direct impact on counties needing to find more tax revenue, the tax shifting in […]
RichC | May 8, 2015
The bigger the federal government grows and the longer the tenticles reach into business and personal lives, the slower our country grows. What will it take for Americans to recognize that our country grows and lifts every citizen when the ambitious and innovative are not thwarted by Uncle Sam at every turn? Besides limiting the […]
RichC | March 13, 2015
It is the time of year I need to pay the $54.88 (ST $31 + Local $20 + service fee) to renew my Ohio registration fee for each vehicle and affix the tiny stickers to my aging metal license plate. The process in recent years is far easier with the online registration (so long as […]