Cap My Tax

I don't understand why it is so hard for people to understand (or even worse, NOT CARE) that the government increasing costs to business (ie- taxing them) will increase prices and this (combined with the stimulus packages) leads to inflation, and that high inflation and high unemployment leads to stagflation, and that stagflation basically means that the economy is going NOWHERE but down. Obama's "stimulus" package that basically sent trillions of dollars into the economy like a shot of cocaine did nothing to help, but the taxes on businesses might end up being the final nail in the recessionary coffin. There's an interesting article on this topic from the Wall Street Journal

My boss suggested the other day that instead of all this unnecessary spending, we should have just eliminated income taxes for a period of time and allowed Americans to WORK for their money. 100 bucks says the output level would increase tenfold if that actually happened. Unfortunately, the US government doesn't seem to believe that the average person can do anything but rely on the government for handouts and bailouts and extra lives- and the frustrating part is that the more handouts they give away, the fewer people actually HAVE the desire to actually work.

Does this not seem like socialism to anyone else?

Anyway, the real point of this post was to direct your attention to this article by RealClearMarkets: Why the cap and trade bill is an economic disaster