President Obama said something the other day that stunned me.  This is a real accomplishment, given my already dim view of the man. In reference to Martin Feldstein's proposal that all tax rates be maintained at their current lower levels, the President said, If we were going to spend $700 billion, it seems it would be wiser having that $700 billion going to folks who would spend that money right away. I thought I understood this tax debate - whether to leave tax rates as they are or to raise them.  But when I heard the President's words something was off, specifically his first use of the word "spend."  The President basically said that not to increase taxes on small businesses and individuals making over $250,000 is equivalent to spending money on those businesses and individuals. This is an extreme concept and one that is best understood by analyzing it personally.  Everyone understands that when I "spend" money on a charity or at the...(Read Full Post)