Chris Christie, a man whom a strongly dislike in almost every way imaginable, actually said something I agree with:
Buffett may be known as the “Wizard of Omaha,” but Christie sees no magic in Buffett’s call for tax hikes for the wealthy, reports CBS 2’s Marcia Kramer.
“Cut a check and shut up, that’s what I say, okay?” Christie said Wednesday. “I’m tired of hearing about it. He wants to pay more taxes, pay more.”
I’ve been saying this for a while, if you don’t believe you’re paying enough taxes then write the government a check for more. Of course we could listen to Buffett, crank up the taxes on”rich” people, and we’ll still be in this economic mess. The bottom line is simple, the government is spending too much money. Even if they could raise billions of dollars it’ll be entirely meaningless to the deficit that measures in trillions of dollars. If Buffett actually knew anything about economics he would advice the United States government to reduce their spending dramatically.
Sadly that won’t happen but we’re lucky that an actual economist, one acknowledged by the late but great Murray Rothbard, is running for president this election and has a plan to actually reduce spending.