Delaware’s economy is in dire straits- let’s raise taxes!

What do you do when economic times are tough, and money doesn’t grow on trees like it used to? The cost of living is on the rise, your investments (if you are fortunate enough to have them) are dwindling, and the national economy is all but dead in the water.

Chances are, you tighten your belt a bit, cut back on spending, and make due with less. After all, everyone is suffering, right? This is probably not the time to march into the front office and demand a raise!

So why does government get to do just that?

Dr. John Stapleford raises some good points in his recent publication:

Kicking Delaware businesses when they are down (PDF)

When government can’t meet the demand of it’s budget, why shouldn’t they cut spending?

Austerity is a dirty word in American politics.
Best leave that to the European Union.
We can still tax and spend.
For now.

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• The Delaware Business Weekly Round Up – July 6th, 2012 →