Caught Up

October 4, 2012

Everyone has been caught up

 

With the idle chatter

 

 

Each minute……

 

 

Hour…..

 

 

Day….

 

 

 

The press is shooting out more ……

 

 

 

Gotchyas……..

 

 

 

 

Do you believe what Romney said?

 

 

No, but did you hear what Obama said?

 

 

 

All this,

 

 

To what end

 

 

I still do not hear anyone

 

Addressing the real issues

 

 

 

I want to give a 20% tax cut to….

 

 

Everyone

 

 

 

More trickle down

 

It did not work

 

 

 

 

By the way we have a $16 trillion deficit

 

 

 

What are your plans to deal with that!

 

 

 

Obama want to only raise taxes

 

On those making over $250k

 

 

 

How much will that actually impact

 

 

 

Our $16 trillion deficit?

 

 

 

 

 

I saw a great presentation recently

 

 

 

The US Government collected in 2012

 

 

$2.470 trillion in revenue

 

 

 

The Government spent

 

 

 

$3.8 trillion on expenses

 

 

 

Hence the $1.3 trillion deficit for 2012

 

 

 

Here is how the Government spending is broken down

 

 

Expenses are broken into 3 categories:

 

 

  • Interest -$225 billion

 

  • Mandatory programs / Entitlements – $2.250 trillion

 

    •  Social Security, Medicare, Medicaid

 

  • Appropriated Discretionary Spending – Federal Government Expenses –     

$1.3 trillion

    • Security – which include       military etc. – $868 billion
    • Non Security – which       includes education, energy etc. – $450 billion

 

 

 

 

Cross out the Discretionary spending of $1.3 Trillion

 

 

And you have $2.5 trillion in expenses between

 

Interest

 

And

 

Mandatory programs

 

 

 

 

The Government did not even collect

 

$2.5 trillion dollars in revenue

 

In 2012

 

 

 

 

That means they did not have

 

$1 available to run the government

 

 

 

 

Remember the discretionary spending?

 

 

We had to borrow that

 

 

 

 

 

My math mind starts saying

 

 

 

 

Let’s try a 5% cut across the board

 

 

 

On all expenses

 

 

 

5% of $3.8 trillion is $190 billion

 

 

 

That is not gonna do much

 

 

 

10%

 

 

Although better

 

 

 

Is only $380 billion

 

 

 

 

We want to cut taxes

 

 

 

 

We want to cut expenses

 

 

 

I have not heard any clear cut answers

 

 

 

What expenses are going to be cut?

 

 

 

 

 

We will have an open discussion about that

 

 

 

Once we get elected…..

 

 

 

 

Or

 

 

 

Once I get re-elected

 

 

 

Take your pick

 

 

 

 

What is being done to

 

 

Correct this issue

 

 

 

 

Do you remember playing

 

 

Kick the can…..

 

 

 

 

When you were growing up

 

 

 

 

That is what is being done in Washington

 

 

 

 

 

 

 

 

The Presidential debates start next week

 

 

 

Be sure to listen

 

 

 

 

This election offers 2 distinct choices

 

 

 

On our future

 

 

 

But……

 

 

 

So far

 

 

 

No one is offering any

 

 

 

Real answers

 

 

 

 

The wait and see

 

 

 

And trust me

 

 

Have brought us to where

 

 

We currently are

 

 

 

For more insight contact george@hbsadvantage.com

Americans are more dissatisfied with the country’s direction than at any time since the New York Times/CBS News began asking about the subject in the early 1990s, according to the latest poll.

In the poll, 81 percent of respondents said they believed that “things have pretty seriously gotten off on the wrong track,” up from 69 percent a year ago and 35 percent in early 2003.

Although the public mood has been darkening since the early days of the war in Iraq, it has taken a new turn for the worse in the last few months, as the economy has seemed to slip into recession. There is now nearly a national consensus that the country faces significant problems.

A majority of nearly every demographic and political group — Democrats and Republicans, men and women, residents of cities and rural areas, college graduates and those who finished only high school — say that the United States is headed in the wrong direction. Seventy-eight percent of respondents said the country was worse off than five years ago; just 4 percent said it was better off.

The dissatisfaction is especially striking because public opinion usually hits its low point only in the months and years after an economic downturn, not at the beginning of one. Today, however, Americans report being deeply worried about the country even though many say their own personal finances are still in fairly good shape.

Only 21 percent of respondents said that the overall economy was in good condition, the lowest such number since late 1992, when the recession that began in the summer of 1990 had already been over for more than a year. In the latest poll, nearly two in three people said they believed the economy was in recession today.

Our Perspective

Are you better off than you were 4 years ago?

I seem to remember that question being asked in a previous presidential election.

How come nobody is asking the same question now?

It’s the economy stupid!  We all heard that one too! 

We are all caught up in the upcoming election but the focus seems to be on “he said …she said.” 

There are real issues with the economy: 

  • Employers slashed 80,000 jobs in March, the most in five years and the third straight month of losses.
  • At the same time, the national unemployment rate rose from 4.8 percent to 5.1 percent, the clearest signal yet that the economy might already be srinking.
  • Fed Chairman Bernanke told the Joint Economic Committee on April 2nd that declining home prices are “at the core” of the credit crunch. Falling employment, rising energy costs, and depreciating housing wealth are also undercutting consumer spending.

This is a perfect opportunity to make our voices heard. There is an election in November.

Know the issues.

Know how each candidate stands on the issues.

Encourage everyone to get out and vote.

Our silence has brought us to where we currently are. We always thought that our elected officials would do what is best for all. Somehow they missed the point!

Moving from the Big Picture, what steps are you taking?

What are you doing to bring about stability in our little world?

These are issues we deal with all the time.

What is your unemployment rate?

How much sales tax did you pay last year?

Are you paying for services that you don’t even have?

Our clients are asking these questions!

They are finding savings and refund opportunities.  

Let us know your thoughts?

Do you have a question?

You may email george@hbsadvantage.com

Hutchinson Business Solutions ……Your CFO on the Go.  

Creating Opportunities Today,…Defining Savings for Tomorrow.

Visit http://www.hutchinsonbusinesssolutions.com/ to learn more about saving opportunities available for your company. 

Spread the good news….. share this information with a friend.    

92% of Americans say

January 7, 2008

92% of Americans Polled say they are Happy?

Turn on the TV you are bombarded.

The presidential election has been going on for almost 2 years now. Each day we are given a new up to the minute poll to digest. Who’s in the lead? Who said what?

Information overload!!! Are we able to choose for ourselves or are we told who to vote for?

Gold hits a record high, Oil prices continue to climb, Gas has settled around $3.00.

Housing prices have dropped over 20%, Mortgage defaults are at a record high, It’s getting harder to get a mortgage:

Yet 92% of Americans polled said they are Happy!!!!!

What’s in the water???

Don’t ask!!

The great China trial is over….lead paint!

The Middle East continues to crumble….

The people in Dafur are starving.

Kenya is rioting.

Yet 92% of Americans polled said they are Happy!!!!!Did anyone ask you?I must admit I am Happy. But most of all I am thankful.

Thankful that everyday we are given the opportunity to choose.

It is still not a perfect world but we have learned to live with its brokenness and still be happy.

Have you had enough?

Want some good news for a change?

Hutchinson Business Solutions has a 90% success rate providing refunds and savings for our clients.

Give us a call.

We can make your day! 856-857-1230

Visit http://www.hutchinsonbusinesssolutions.com/ to learn more about saving opportunities available for your company.