Tom Toles by Tom Toles

Tom Toles

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  1. Murphy224

    Murphy224 said, 8 months ago

    “Excessive saving”? Me thinks his pockets are empty. Kinda hard to spend recklessly when 23 million are unemployed.

  2. walruscarver2000

    walruscarver2000 said, 8 months ago

    Will Rogers on economists: “If you laid those guys end to end they’d point in all directions.”

  3. Radish

    Radish said, 8 months ago

    Actually its the excessive tax cuts for people who have more money than god that is thwarting the recovery.

  4. vwdualnomand

    vwdualnomand said, 8 months ago

    economists…they still promote less regulation, less taxes, and economic utopia will flourish. must be nice, when they have tenure, hefty speaking and consulting fees, and loaded benefits and pensions.

  5. Ms. Ima

    Ms. Ima said, 8 months ago

    @Radish

    Yes, even though taking everything everyone makes would only run the country for a few days, ‘excessive’ tax cuts are ruining the day for the TAXERS.

  6. Ms. Ima

    Ms. Ima said, 8 months ago

    Everyone should be able to scream “I’m debt free”.
    Until this happens our country will be in deep Obamanomics (and I said Obamanomics because I can’t say s#**, the same thing actually).

  7. Rx71Wm29

    Rx71Wm29 said, 8 months ago

    Yeah, well we can trade Obamanomics for Romnynomics if we so choose. Won’t matter much except to the 1%. But then the 1% is all that matters to Mitt. We can even put Mitch McConnell in charge in the Senate. At least Wall St. (and Donald Trump) will be happy, for awhile.

  8. Darren Blair

    Darren Blair said, 8 months ago

    As someone who actually has an MBA?
    []
    Saving isn’t a bad thing per se.
    []
    Rather, it’s how a person saves what they have.
    []
    If you stick it in a bank account, the money is still at work: the bank keeps a minimum percentage on-hand, and then uses the rest to make loans to people.
    []
    If you stuff it in the mattress, then it does nobody any good.
    []
    A lot of people don’t seem to understand the distinction.

  9. Chillbilly

    Chillbilly said, 8 months ago

    I think Toles’ point is that economists aren’t really helping and that the middle class is in a damned if you do damned if you don’t situation.

  10. Omnius

    Omnius said, 8 months ago

    @Ms. Ima

    I’m debt free! I love not having to wake up in the morning singing “I owe I owe it’s off to work I go”. The rich and greedy want us to load up on debt so they can make more profits.

  11. Dycel

    Dycel said, 8 months ago

    @HOWGOZIT

    Again with the BS howzy it was your conservative cronies that started two wars and multiple tax cuts and giveaways without budgeting for them!

  12. Justice22

    Justice22 said, 8 months ago

    @Darren Blair

    I agree about saving, it is good as long as it is saved where it can still work.
    savings in a Swiss bank account , the Cayman islands or invested in gold does not help our economy.

  13. phritzg

    phritzg said, 8 months ago

    We are also debt-free. By choice, we have no off-spring, so how much debt the country has is not important to us. Because we chose to have no children, we have accumulated hundreds of thousands of dollars in savings and investments, none of it hidden in foreign accounts. But if the voters are stupid enough to elect Romney, we will do nothing with our money to make him succeed. We learned this from the behavior of the Republicans in the House of Representatives. Greed and selfishness will officially be a virtue, and screw everybody except ourselves. It will be hard at first behaving like this, because we’ve been liberal Democrats our entire lives, believing in giving and sharing. But we can read the handwriting on the wall, and are preparing to “get with the program”.

  14. Ionizer

    Ionizer said, 8 months ago

    @Omnius

    “The rich and greedy want us to load up on debt so they can make more profits.”

    And Obama has done so much to allow people to stay out of debt. He’s put 3-4 generations into debt for his benefit. “I’ll cut the deficit, but first I’ll borrow $5 billion more (at least). After all, how am I going to buy votes if I don’t spend money?”

  15. Rickapolis

    Rickapolis said, 8 months ago

    And the greed of teachers is drowning us in debt.

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