Where is the US economy headed?

A continuing, and stunning, silence from parados & cyclo....

At these confiscatory tax rates, our millionaire's post tax income will be significantly increased by the move to Nevada.

You are hopelessly confused; have several important facts wrong, notably including the current top Federal tax rate; and are quoting me as saying things I didn't say.

Our millionaire will save some money on his constant state tax deduction with the new 70% federal marginal tax rate by an amount roughly equal to the difference in the new and old Federral rates times the magnitude of his state taxes - this works out to about 3% of his income. This appears to be the point you are fixated on.

However, 2/3rds of our millionaire's income will now be taxed by the Feds at 70% instead of the current rate, and that will amount to about 21% of his gross income. This is the point you are ignoring.

Seeing this requires a bit of algebra and some actual independent thinking (as opposed to plugging some incorrect numbers into Turbotax, and getting your opinions from websites). You might wish to try it sometime.

At these confiscatory tax rates, our millionaire's post tax income will be significantly increased by the move to Nevada.

However, 2/3rds of our millionaire's income will now be taxed by the Feds at 70% instead of the current rate, and that will amount to about 21% of his gross income. This is the point you are ignoring.

This is the kind of reality that makes Sean Hannity's head explode. So far, the GOP candidates have been running against a fictional president with a fictional record. Obama didn't campaign to increase government spending, but inheriting what was in the final quarter of 2008 an annualized contraction of 9 percent of GDP, he opted for a stimulus. That accounts for much of the spending.

I know we are supposed - along with Fox News - to have total amnesia about the spending record of George W. Bush, who had nothing like the recession Obama inherited to counter. But there it is. Along with the fact that of the last seven presidents, the top three spenders are all Republicans.

One worry I have about a president Romney is exactly such a scenario. He has proposed to slash all taxes and increase defense spending by a stupendous amount. He has yet to identify the massive cuts in discretionary and entitlement spending he would need not to explode the debt as his GOP predecessors have done in the modern era.

But if you're going by the records, and want fiscal restraint, you'd be crazy at this point to back a Republican, without examining the fine print in extreme detail. Pity there isn't any for Romney yet. Which tells you something in itself.

They want to get rid of PP in order to improve women's health.

Read Ivan Illich's Medical Nemesis Bill.