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Lawrance G Lux

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· 83 titles
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Member Since: Jul, 2001

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Books
· Forms of Taxation

· In Search of the Perfect Economic Matrix

· Budget Considerations

· Terrorism, Ethics, and Modern Society

· Inflation: Roots of Evil

· CRIME AND PUNISHMENT: NEW STYLE


Short Stories
· Space Mercenaries

· The Christmas Season

· Slawn Green of Bellowed Wood--Unedited much

· Parable


Articles
· Work Station Mechanics

· Economic Forces Preface

· SHORT ANALYSIS OF KEYNESIAN STIMULUS

· The Coming Political Campaign

· Benefits of Trade

· Tax Cuts

· The Gap Between Bush Claims and Reality

· Bush Economic Policy

· Understanding the Productive Process

· Consumer Demand


Poetry
· The Toothless Carnivore

· Foul Wind Blows

· Conceit

· The Trail Ends Here

· The Laughter of Life

· Here Stands the Devil

· Name the Risk

· Dark Moments

· The Land Alone

· Thought

         More poetry...

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Books by
Lawrance G Lux



Forms of Taxation

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In Search of the Perfect Economic Matrix

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Signed copy!
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Inflation: Roots of Evil

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Amazon, more..




Terrorism, Ethics, and Modern Society

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Budget Considerations

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Blogs by Lawrance G Lux

Deficit: Brokings Economic Studies
1/29/2004 7:07:46 PM
Those interested in Budget discussions should read their take on making the 2001, 2002, 2003 Tax Cuts permanent.
The serious flaw in the Key Points article is the lack of evaluation about the rate of growth of Government spending. Their estimates are sound, if the Government spending stays within very conservative estimates, which the Bush administration is not noted for. Here are the areas where this Author sees radical underestimation of Government spending. Homeland Security will cost at least $20b more than any projected estimates each year. Iraq Occupation will cost an estimated $85b per year, and Afghani/Paki military operations will cost $35b per year. Singular military expenditures, for raising and maintaining an enlarged military force, will cost an additional $8b per year, with $2b additional per year for Disability payments to the wounded and family dependents of the Dead.

The Above were the untouchable costs, as claimed by the Bush White House, otherwise meaning meaning no one is supposed to complain about an annual 12% increase of expenditure per year in these areas. Now to the Politics of Pork Barrel:

The "No Child Left Behind' Act will have to be amended, to return funding to School Systems, else both Republican and Democrat can expect to be voted out--cost $12b per year. The Bush goal of elimination of the AMT(his real desire), will take about 4 million upper-Income taxpayers completely off the tax rolls. This will add about $172b per year, not a stupidly ascribed total cost until 2014. States, at least Five, will need some kind of Bailout--to the tune of $40b.

The Brookings Key Points imagine Government spending will remain relatively stable. Their $2.4 trillion additional debt in 2014 does not include an additional Trillion dollars of acquired debt by Y2006. This would edge the total acquired debt to over $4t in 2014, $6t if the AMT is completely removed; this latter data only remotely conclusive, unless Government spending increase can eventually reduce to zero by Y2009--used because We will be rid of George W. Bush no matter what! lgl


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More Blogs by Lawrance G Lux
• Spending Plans - Wednesday, May 25, 2011
• Alternate Blog - Thursday, November 18, 2004
• Tax Proposals - Monday, November 08, 2004
• The Election Result - Wednesday, November 03, 2004
• The Osama Tape - Saturday, October 30, 2004
• Post-Election - Thursday, October 21, 2004
• Pre-Election Issues - Sunday, October 17, 2004
• The Debate - Friday, October 01, 2004
• Effect of Outsourcing - Wednesday, September 29, 2004
• Current Economic State - Tuesday, September 28, 2004
• Congress Continues to stick their Heads in the Sand - Wednesday, September 22, 2004
• August Economic Indicators. - Thursday, September 16, 2004
• Best We can Get. - Monday, September 06, 2004
• I smell a Rat. - Friday, September 03, 2004
• Compassionate Conservativism - Thursday, September 02, 2004
• Bush Has Lost Florida - Sunday, August 15, 2004
• Labor--Further Information - Saturday, August 07, 2004
• The Labor Market - Monday, August 02, 2004
• Construction of Fantasy - Saturday, July 31, 2004
• Presidential Responsibility - Sunday, July 11, 2004
• Minimum Wage - Tuesday, July 06, 2004
• The current Economic Problem - Saturday, April 03, 2004
• Eat Crow--Maybe - Friday, April 02, 2004
• New Employment Figures - Thursday, April 01, 2004
• Recession Dating - Saturday, March 06, 2004
• Greenspan Misread It! - Monday, February 23, 2004
• Trade Deficit and Job Growth - Saturday, February 21, 2004
• The Tax Issue - Monday, February 16, 2004
• Productivity Gains and Job Growth - Thursday, February 12, 2004
• Labor Report - Friday, February 06, 2004
• Defense and Homeland Security - Wednesday, February 04, 2004
• Bush Budget Estimates - Saturday, January 31, 2004
•  Deficit: Brokings Economic Studies - Thursday, January 29, 2004  
• Pension Relief - Thursday, January 29, 2004
• $477 Billion?--What a Joke! - Monday, January 26, 2004
• Income Inequality - Sunday, January 25, 2004
• Revisionist Economic View - Saturday, January 24, 2004
• Economic Data Distortions - Thursday, January 22, 2004
• State of the Union Address - Wednesday, January 21, 2004
• Consumer Confidence - Friday, January 16, 2004
• Consumer Debt - Monday, January 12, 2004
• Job Stats - Monday, January 12, 2004
• Job Picture - Friday, January 09, 2004
• Interest Rates - Sunday, January 04, 2004
• Playing with the Numbers - Saturday, January 03, 2004
• Mad Cow - Thursday, January 01, 2004
• Year Review - Wednesday, December 31, 2003
• HALLIBURTON - Monday, December 29, 2003
• Nafta and the Economy - Saturday, December 27, 2003
• Ouestions? - Tuesday, December 23, 2003
• Deafening Silence - Sunday, December 21, 2003
• Multiemployer Pension Plans - Tuesday, December 16, 2003
• Natural Gas Prices - Saturday, December 13, 2003
• November Sales Increase - Thursday, December 11, 2003
• CBO Monthly Report - Monday, December 08, 2003
• The way is goes. - Friday, December 05, 2003
• Revised Numbers - Friday, December 05, 2003
• Jobs - Thursday, December 04, 2003
• New Information - Sunday, November 30, 2003
• Latest data - Saturday, November 29, 2003
• Making Sense of the Economic World - Monday, November 24, 2003


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