Economics - Tracy M. Smith

16 Mar

Kick It

trsmith Bankruptcy, Blog, Challenges, Economics, Government, Politics, Responsibility, Service, Troubles 2 2

“Kick It” is only half of the phrase “Kick it down the road.” I remember hearing a statement that some people look at a difficult situation as a problem. Others view it as an opportunity. Perhaps the people who view each every roadblock as a problem are the ones who invented the practice of “kicking it down the road.” They either hope it will go away or that someone else will deal with it. The Bible says that man is born…..

20 Sep

The TANSTAAFL Theory

trsmith Blog, Book, Cross, Economics, Free, Gifts, Government, Heaven, Jesus, Love, Money 2 1

If you studied economics, you know about the TANSTAAFL theory. It you didn’t study economics, you know this instinctively. TANSTAAFL: There Ain’t No Such Thing As A Free Lunch. Somebody is paying. If someone is receiving food stamps, they are not free. The government does not “make” money. It does not “earn” money. It takes money away from someone to give it to someone else. Someone is paying taxes. And, if someone is receiving something for “free,” they are paying…..

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Kick It

The TANSTAAFL Theory

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