Friday, October 17, 2008

Joe the Plumber . . . really??


Seems like everyone is weighing in on this Joe the Plumber dude. For those of you who have not kept up with the boring ass, completely inconsequential final presidential debate, it centered on this guy Joe the Plumber. Couple quick facts about Joe:

1. His name not Joe - it's Samuel Wurzelbacher
2. He's not technically a plumber

Under that crazy socialist Barack's tax plan, "Joe" would see his annual tax bill increase a staggering $900. Per year. According to the angry old man yelling at Barack, this would cripple "Joe's" business, force him to lay off employees, effectively make him homeless and he'd likely have to start selling crack to make ends meet.

Let me be clear - I am very libertarian and thus favor taxes being as low as possible (since I believe that the free market is more efficient at allocating capital than our bureaucratic government which lacks clearly defined incentives to maximize utility).

What I do not favor is this old angry man, who wants to lead the free world, focusing his economic debate on such a dubious example as "Joe." (Got to give old man river credit on picking a top notch running mate though, she is clearly very qualified. Also, she lives near Russia giving her more foreign policy than someone who does not live close to Russia, logically).

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