Tuesday, March 04, 2008

The Bucket Theory or Talkin’ Tax Cuts in War Time Blues

Imagine a farmer, let’s call him Uncle Sam. Sam needs lots of water to grow his crops. Unfortunately, Sam only has a finite amount of water which he collects through a downspout in a large bucket thanks to a kind and benevolent god who makes it rain. Let’s call the god, Taxus. Unfortunately, not all of the water is used to grow crops because there is a small hole in the bucket where the water leaks out. After many years, some more successful then others, Uncle Sam grows tired of the everyday dawn to dusk grind of farming and decides to sell the farm to an old family friend named George. George feels that he does not need as much water to take care of his crops so he decides to restrict the size of the downspout and also for some odd reason, decides to bore out the hole in the bottom of the bucket. And then to top it all off, he decides to start farming another 100 acres over in Baghdad County (I’ve always heard bad things about the folks from thar…). Needless to say, disaster ensues, and I just heard that old Farmer Sam might lose his cabin because he signed on for one of them there fancy adjustable rate mortgages. Talk about some bad breaks. Who’d a thunk it?

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