Friday, August 28, 2009

Are you really sure you want to run for political office?



via Matt Trivisonno's blog

This shows the quarter-to-quarter Federal income tax withholdings. This is a real-time snapshot of employment in the US and the picture isn't pretty. Imagine trying to balance the competing headwinds as a member of Congress --- plummeting revenue, soaring spending, job losses, etc, etc.

Do you cut spending or raise taxes? At some point those become your only two choices and neither of those options will help you get re-elected 2 years later...


Cheers!

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