Archive for the ‘Liberalism’ Category
The latest Democratic chanting point on the Affordable Care Act has been that President Obama didn’t really break his promise that you could keep your health insurance plan if you liked it. The chanting point has become that the policies getting canceled were substandard policies that insurance companies foisted on unsuspecting dupes (you). That’s certainly the message Henry Aaron is peddling in this article:
Of late, numerous reports have told of people surprised by letters telling them that insurance plans they now have will not be renewed. Many are puzzled. Weren’t they told that if they like their insurance they could keep it? Opponents of health reform in general are seizing on the fact and asking in an accusatorial manner: “Isn’t this a betrayal of trust?”
No. To see why, imagine a new law enacted to promote food purity. As it is being debated, you are told: “If you like what you eat, you can keep on eating it.” The new law takes effect, and one day, you find that the market no longer carries certain foods you have been buying. As it happens, those products included elements found to be bad for your health. The pure food act barred their use.
There’s a huge flaw with this logic. They’re called Cadillac health insurance policies. Last night on Megyn Kelly’s show, a woman talked about how she had such a plan. When her husband got cancer that eventually killed him, the policy saved her family from huge expenses. The treatments cost over $300,000. Thanks to their health insurance policy, their out-of-pocket expenses came to $1,500. That’s in addition to the premiums they paid.
When the policy wasn’t offered anymore, this woman chose to continue this coverage, paying the premiums out of her own pocket. She did the right thing. She wasn’t putting a burden on society. She didn’t complain about not getting her policy subsidized. She just paid the premiums.
This fall, she got a notice that her policy was canceled thanks to the Affordable Care Act’s penalty on Cadillac plans. That’s right. The Affordable Care Act is making Cadillac plans obsolete. That’s why the unions are upset. All these years, they’ve settled for smaller wage increases, which are taxed, in exchange for premium quality health insurance policies, which aren’t taxed.
Thanks to the Affordable Care Act, these union workers won’t have the option of a Cadillac plan plus they’re stuck with the lower pay increases that they negotiated.
It’s difficult to see how Cadillac plans are the equivalent of “products [that] included elements found to be bad for your health.” The full name of the Affordable Care Act is actually the Patient Protection and Affordable Care Act. One of the Democrats’ first chanting points was the PPACA would protect families from medical bankruptcies. This lady’s Cadillac health insurance policy did that and then some.
It’s insulting that Mr. Aaron insists that the canceled policies are sub-standard policies. It’s insulting on multiple levels, starting with the fact that those policies can’t be sold if they aren’t first approved by that state’s insurance commissioner.
Early in her political career, Ms. Sebelius was Kansas’ insurance commissioner. Is she now admitting that the policies she approved were sub-standard? When President Obama called these insurance plans sub-standard, he essentially accused the 50 state insurance commissioners incompetent.
Second, in many places, competition among insurers will lower premiums. Bloomberg Government has reported that the more plans offered in an exchange, the lower the premiums.
In Minnesota, a state recognized as a leader in health insurance innovation and access, most rural cities have few options. In fact, many of these places have a single option in terms of insurance providers competing.
Third, people can hold down premiums by selecting plans with comparatively high deductibles.
That option isn’t brought to us by the Affordable Care Act. That was available to clients who had health savings accounts and a catastrophic policy, both of which are illegal under the Affordable Care Act, aka Obamacare.
The problem was a misdiagnosis of the situation in 2009. The US health care system needed extensive work. It didn’t need to put an incompetent administration in charge of a complex industry. Democrats didn’t need to give bureaucrats the authority of who could keep the health insurance plans they liked. Democrats didn’t need to tell people what insurance policies were “sub-standard” and which ones were government-approved.
What Democrats should’ve done is get out of the way so innovators couls’ve put together a package of real reforms.
Technorati: Henry Aaron, Media Bias, Insurance Cancellations, Individual Mandate, Cadillac Health Insurance, Medical Bankruptcies, Affordable Care Act, President Obama, Kathleen Sebelius, Democrats, Free Market Reforms, Megyn Kelly
People say it’s a challenge to get a message through via Twitter. As people know, Twitter affords people 140 characters to make a point. Despite the limits of Twitter, people still get their message across. Apparently, Joan Vincent won’t master Twitter anytime soon:
What should Minnesota voters do next in the wake of the deal to end the federal shutdown and raise the debt ceiling?
Minnesota voters should not elect a tea party member to Congress.
We’ve had experience with one, and it hasn’t been good.
It’s predictable that a DFL activist like Vincent couldn’t resist taking another shot at Michele Bachmann before she retires from Congress. Still, I’m betting Ms. Vincent doesn’t know a thing about the TEA Party. I’m betting she only knows what Democrats and the media (pardon the repetition) tell her the TEA Party is about.
First, the TEA Party insists on not spending money foolishly and in such gigantic amounts. Originally, that meant the TEA Party opposed the UAW bailouts. The bailouts saved union pensions at a time when legacy costs (pension payments) exceeded GM’s and Plymouth’s monthly payroll. In other words, the companies overpromised, the taxpayers funded the bailout and the UAW enjoyed the benefits.
Other than UAW members, who thinks that’s a great idea?
Later, foolish spending was defined as guaranteeing loans to dying companies like Solyndra. Other than the people on Solyndra’s board of directors, who thought that was smart?
TEA Party activists believe that the Founding Fathers got it right when they wrote the Constitution and the Bill of Rights. Likewise, they’re certain that the Constitution isn’t a living, breathing document. As KrisAnne Hall points out in her presentation on the geneology of the Constitution, the Constitution started as a compact between the states. They were the sovereign governments that birthed the federal government. That means the states dictated the terms under which the federal government was authoriized to operate because the sovereign states were essentially the federal government’s employer.
Ms. Hall rightly notes that a compact is just a contract between states. When was the last time that a judge ruled that the terms of a contract were living, breathing suggestions subject to change?
Had the Supreme Court been faithful to the Constitution, we wouldn’t be dealing with the Affordable Care Act.
In other words, TEA Party activists think that the Founding Fathers were especially wise in setting up a government that limited the federal government’s authority, influence and scope. The Founding Fathers were wise in establishing that type of government because they didn’t want the federal government to become the oppressive leviathan it currently is.
When it comes to highlighting liberals’ wrongheaded economic thinking, nobody’s been better at it than Milton Friedman. This video is a great example of Friedman’s wisdom:
Friedman’s wisdom on the subject of minority education is playing out in big cities daily. First, Friedman said that nothing traps young people in poverty more than underperforming “government schools.” That’s being verified by the fact that the DC Opportunity Scholarship program has far more minority applicants than scholarships. The documentary “Waiting for Superman” highlights parents as they attempt to rescue their children from government schools by getting them into charter schools. In St. Paul, a healthy portion of the families wanting their children in charter schools are minority parents.
Time after time, minorities are hurt by government schools. What’s worst is that the teacher unions and Democrat politicians protect bad schools. New York City is famous for its Rubber Room:
Educators accused of breaking rules, abusing kids, or simply failing to provide students with a decent education, will be paid a stunning $22 million by the city this year for doing absolutely nothing.
Charter schools aren’t restricted by union rules, which gives them more latitude to innovate. Charter schools can get rid of underperforming teachers quickly, something government schools can’t do.
Here in Minnesota, Republicans included a Basic Skills Test requirement in the Omnibus Education Bill that Gov. Dayton signed. This year, with the DFL running state government from A to Z, Democrats repealed the Basic Skills Test requirement. It wasn’t surprising that Gov. Dayton didn’t hesitate in signing the requirement’s repeal.
The message that sends to teachers is that competence isn’t required, that a union card is what’s important. That cheats students by telling parents, students and teachers alike that union membership is more important than high quality teachers.
Friedman also explains why increasing the minimum wage hurts minorities. Mitch Berg’s post highlights why increasing the minimum wage is actually keeping unemployment high:
The inevitable result of across-the-board minimum wage hikes? Fewer minimum wage jobs.
Case in point; as minimum wages around the country rose during the 2000s, McDonalds started pre-cooking its hamburger patties, so they’d only need to be reheated in the stores. This got rid of most of the traditional “burger-flipper” jobs, the ones that liberals sneered at but provided hundreds of thousands of opportunities for teens and others entering and re-entering the workforce to learn how to show up for work on time and do a good job at something.
Democrats will argue that increasing the minimum wage doesn’t affect hiring. They’re wrong. It’s accurate to say that increasing the minimum wage doesn’t always affect unemployment. Democrats think businesses owe it to society to hire people. That’s wrongheaded thinking. Entrepreneurs hire people if they think it’ll makes them money. Period.
If hiring a person at minimum wage will hurt profits, businesses won’t hire people. It’s that simple. The benefit must exceed the expense. If it doesn’t, unemployment is the result. It’s that simple regardless of what Rep. Winkler and other Democrats say.
The move is designed to boost efficiency and make ordering more convenient for customers. In an interview with the Financial Times, McDonald’s Europe President Steve Easterbrook notes that the new system will also open up a goldmine of data. McDonald’s could potentially track every Big Mac, McNugget, and large shake you order. A calorie account tally at the end of the year could be a real shocker.
The touch screens will only accept debit or credit cards, adding to the slow death knell of cash and coins. This all goes along with an overall revamp of McDonald’s restaurants worldwide aimed at projecting a modern image as opposed to the old-fashioned golden arches…
While it’d be pushing it to say that McDonalds is installing these touch-screen ordering kiosks because of the minimum wage, it isn’t a stretch to say that installing those kiosks will help McDonalds avoid dealing with minimum wage employees. Rep. Winkler isn’t interested in increasing the minimum wage to help the working poor. He’s interested in it because many union wages are based on the minimum wage.
Limiting government’s size and influence isn’t just an ideology. It’s a time-tested method for ushering in lengthy periods of prosperity. Capitalism is still the greatest weapon in fighting poverty and creating upward mobility.
Tags: Milton Friedman, Free Market Capitalism, Charter Schools, Upward Mobility, Prosperity, Conservatism, Minimum Wage, Ryan Winkler, Government Schools, Rubber Room, Union Protection, Waiting For Superman, DC Opportunity Scholarships, Liberalism
This op-ed starts with a hypothetical situation:
[W]hat would happen if two trillion cubic feet of natural gas were found under Eveleth this afternoon?
Next, Terry Stone speculates about the DFL’s reaction to this discovery:
Well, you can bet that the environmentalists would protest the press conference. Then they will claim that gas production, fracking, fracking sand production and pipeline construction cause haze over Voyageurs National Park. Friends of BWCA will claim that fracking water disposal will contaminate the pristine waters of the BWCA, even though it is on the other side of the continental divide. They will claim that the lights atop the drilling rigs will be seen all over the BWCA.
Labor unions will protest because the storage facilities are being built by the lowest bidder; a non-union shop from Georgia. (Congressman) Rick Nolan will claim that he wants the jobs of gas production but he can’t support the present plan because it doesn’t assure zero impact on ground water. (U.S. Sens.) Al Franken and Amy Klobuchar will introduce a bill to protect land owners from getting rich. (Minnesota Sen.) Tom Bakk will introduce a bill to place a tax on gas production in Minnesota and place it under the Taconite Taxing District of the IRRRB.
The Audubon Society, the Nature Conservancy, the Sierra Club and the Minnesota Environmental Partnership will sue to stop any gas production. They will claim that the production area is inside the buffer zone of their newly proposed International Heart of the Continent Biosphere Reserve that includes Quetico, Superior National Forest, Voyageurs and the BWCA.
The state legislature will revisit the narrowly dodged moratorium on fracking sand operations in Minnesota. The environmental front group, Save our 10,000 Lakes will hold protests at the capital during the special session to evaluate the impact of a population boom on the Iron Range. They will claim that fracking pollutes well water and that fracking chemicals cause genetic mutations and cancer.
While this is technically speculation, it’s informed speculation because it’s the DFL’s reaction to the PolyMet and Twin Metals mining projects last summer. The only difference between this speculative solution and last summer’s reaction is that last year’s response was led by Alida Messinger and Conservation Minnesota.
Either way, the DFL’s response is predictable and disastrous to Minnesota families. Stone’s op-ed then finishes with the economic reality of the DFL’s policies:
Under the sway of DFL liberal politics, Minnesota is screwed. Whether it’s pulpwood in endless supply, copper in world-class deposits, the world’s largest volume of liquid fresh water, 17,000 lakes or fracking sand in nearly unlimited quantities, Minnesota will find a way to screw the golden goose before it even hatches.
Average household income of GOP Chisago County: $67,075. Average household income of DFL International Falls: $30,094. The annual cost to your family of voting DFL: $36,981.
The median household income in Minnesota is just a bit under $60,000, meaning International Falls’ median household income is approximately half of the statewide average. That’s because the DFL’s anti-job growth policies stifle economic development.
The DFL has tried to put the Iron Range (mining and logging), Ely (precious metals mining) and Southeastern Minnesota (silica sand mining) off-limits. The effect of the DFL’s policies is exposed by the income disparity between International Falls and the statewide average.
This will forever be the case because environmentalists write the DFL’s economic development policies. That’s why families in International Falls and the Iron Range consistently get the shaft without getting the mining jobs they need to prosper.
Follow this link for more on the income disparity.
Jim Hoft has a collection of the drivel being spouted by Hollywierd’s usual suspects. While it’s appalling, it’s totally predictable. Here’s a sample of what Hollywierd’s biggest disgraces are saying:
Here’s a look at the stars who shared their thoughts on Twitter:
Ellen Page: “If u really believe racism isnt a massive problem, that the oppression of minorities is not a horrific and systemic issue. U R in denial.”
Mia Farrow: “I don’t understand this. At ALL”
Steve Harvey: “A Child is Dead & The Man that Killed Him is Free & Again The Child is Black…My Country Tis of Thee?”
Richard Dreyfuss: “It’s 2013 and an American jury just acquitted a man who admitted to stalking and killing an unarmed child.”
Judy Blume: “Not surprised. But distraught. Saw ‘Fruitvale Station’ tonight. How ironic to come home to this verdict.”
Kate Walsh: “Zimmerman verdict sickens me.”
Kat Dennings: “I can’t handle this. All that really matters are Trayvon’s parents, and making sure nothing like this ever happens again.”
Questlove: “this might be in bad taste but in light of this verdict? i really INSIST you people see Fruitvale Station not now but RIGHT NOW”
Alec Baldwin, who recently quit Twitter (again), resurfaced post-verdict: “Florida is a parallel universe. A (expletive) one.”
Richard Dreyfuss’s statement is particularly disgusting. It’s also intellectually dishonest. It’s probably intentionally dishonest, too.
Saying that George Zimmerman admitted to stalking Trayvon Martin is incendiary and dishonest. That statement doesn’t have anything to do with the truth. It isn’t connected to the evidence presented during the trial. It’s nothing more than incendiary race-baiting.
It’s easy to write it off when Al Sharpton’s saying this trash. It’s getting easier to write it off when someone from Hollywierd says this garbage.
On a more serious, more argumentative note, these actors’ attitude is appalling. The 6 women jurors sat through the trial. They heard every piece of evidence. They took copious amounts of notes. Friday afternoon, they asked the judge for the complete list of evidence presented at trial.
By all accounts, they diligently sought the truth. These sanctimonious jackasses didn’t hear the testimony but they’ve accorded themselves expert status with their statements. Their ‘We know better’ attitude is disgusting. They have an opinion, which the First Amendment allows them to express, but they aren’t experts. That status can only be given to the jurors, the judge and the lawyers.
It’s impossible to take anything David Shuster writes seriously. Shuster is part of the Times Writers Group, which means he writes a column once a month. Tons of his statements border on the ridiculous. That’s certainly the case in this month’s editorial:
Starting in the 1980s, Americans were fed a steady diet of anti-tax, anti-government propaganda. Although the folly of conservative rhetoric on other issues such as gay marriage and gun “rights” is recognized by an increasing percentage of the electorate, taxation and the notion that government can be a benevolent (rather than malevolent) institution have tougher rows to hoe.
The misconception that public institutions are, by definition, wasteful and inefficient may contribute to societal ambivalence about government.
Shuster’s writings are breathtaking. That he thinks gun rights is mythical is offensive. The fact that he thinks government waste is a “misconception” identifies his blind spot. And it’s quite the blind spot. It’s apparent that Shuster isn’t informed on the mountains of wasteful spending contained in the recent GAO Report, which Sen. Coborn spoke out against:
SEN COBURN: Next one, housing assistance. We have 160 programs, separate programs. Nobody knows if they’re working. Nobody in the administration knows all the programs. I’m probably the only person in Congress that does because nobody else has looked at it. Twenty different agencies. We’re spending $170 billion. If we’re really interested in housing assistance, why would we have 20 sets of overhead, 20 sets of administration? And what would it cost to accomplish the same thing?
All these numbers come from the Government Accountability Office, by the way. They don’t come from me.
And the other part of the report is that nobody knows if these programs are working. We have no data to say that we’re actually making a difference on housing assistance through this expenditure of money. So we’re not even asking the most basic of questions that a prudent person would ask.
When a department can’t measure where the money that’s appropriated to them is being spent, it’s impossible to argue that government isn’t wasteful. That information proves that government isn’t just wasteful. It’s proof that they don’t care whether they’re wasteful. If they cared about spending the taxpayers’ money efficiently, they would’ve installed a system to track their department’s spending.
Shuster said that it’s “anti-government propaganda” to think that government isn’t malevolent. Apparently, he didn’t read this article:
Johnson commenced his new “Victims of Government” project with a short film detailing the plight of Granite City, Ill. resident Steven Lathrop who spent more than 20 years attempting to comply with federal wetlands regulations to alleviate flooding in his neighborhood, only to end up in a mess of red tape, bureaucratic mistakes and eventual financial distress.
That doesn’t sound like a benevolent government. That’s without talking about how the Justice Department ignored reporters’ First and Fifth Amendment rights. That’s without asking Mr. Shuster whether he thinks the IRS’s targeting of conservatives and Christians was the act of a benevolent government.
Not surprisingly, Shuster’s column couldn’t have been published without Randy Krebs’ approval. It’s pretty apparent that Krebs doesn’t subject liberals’ columns to the same level of scrutiny as conservatives’ LTEs and columns. It isn’t surprising that Shuster’s propaganda isn’t scrutinized for accuracy. Krebs’ selective editing and scrutiny is well-documented.
If I gave people the responsibility to put together a blueprint that’d Minnesota’s economy, it’d be difficult to do that quicker than the DFL, under the ‘leadership’ of Gov. Dayton and Rep. Ryan Winkler.
Between Gov. Dayton’s sales tax increase, which hits cities and the middle class hardest, Gov. Dayton’s income tax increase, which won’t hit ‘evil corporations’ but will hit small businesses and Rep. Winkler’s increase in the minimum wage, the DFL is quickly putting together a blueprint that’ll raise property taxes, incentivize entrepreneurs to leave the state and cause unemployment among young people to spike. Rep. Winkler’s delete-all amendment to HF0092, is particularly stunning. Here’s the language that’s particularly stunning:
1.14 (b) Except as otherwise provided in sections 177.21 to 177.35
, every large employer
1.15 must pay each employee wages at a rate of at least $5.15 an hour beginning September
1.16 1, 1997, and at a rate of at least $6.15 an hour beginning August 1, 2005. Every small
1.17 employer must pay each employee at a rate of at least $4.90 an hour beginning January 1,
1.18 1998, and at a rate of at least $5.25 an hour beginning August 1, 2005:
1.19 (1) every large employer must pay each employee wages at a rate of at least:
1.20 (i) $8.35 per hour beginning August 1, 2013;
1.21 (ii) $9.45 per hour beginning August 1, 2014;
1.22 (iii) $10.55 per hour beginning August 1, 2015; and
1.23 (iv) the rate established under paragraph (d) beginning January 1, 2016; and
1.24 (2) every small employer must pay each employee at a rate of at least:
1.25 (i) $6.50 per hour beginning August 1, 2013;
1.26 (ii) $7.75 per hour beginning August 1, 2014;
1.27 (iii) $9.00 per hour beginning August 1, 2015; and
2.1 (iv) the rate established under paragraph (d) beginning January 1, 2016.
2.2 (c) Notwithstanding paragraph (b), during the first 90 consecutive days of
2.3 employment, an employer may pay an employee under the age of 20 years a wage of $4.90at least:
2.4 an hour. No employer may take any action to displace any employee, including a partial
2.5 displacement through a reduction in hours, wages, or employment benefits, in order to hire
2.6 an employee at the wage authorized in this paragraph
2.7 (1) $6.07 per hour beginning August 1, 2013;
2.8 (2) $7.24 per hour beginning August 1, 2014;
2.9 (3) $8.41 per hour beginning August 1, 2015; and
2.10 (4) the rate established under paragraph (d) beginning January 1, 2016.
2.11 No employer may take any action to displace an employee, including a partial
2.12 displacement through a reduction in hours, wages, or employment benefits, in order to
2.13 hire an employee at the wage authorized in this paragraph.
It’s one thing to debate the merits of the minimum wage. It’s quite another to include in the minimum wage bill language that tells entrepreneurs that they can’t cut employees’ hours or benefits while dramatically increasing the employees’ wages.
If Rep. Winkler’s amendment isn’t gutted, these rules would go into effect on August 1, 2013. The spike in youth unemployment will start just prior to that. That’s because the hospitality industry will get hit hardest by Rep. Winkler’s legislation. HINT: The DFL isn’t the friend of young people.
Officials from Plymouth and other cities have testified that the additional expenses they’ll incur will almost zero out the LGA increase. That’s if they’re getting LGA. If they aren’t, these smaller cities will get hit exceptionally hard by Gov. Dayton’s sales tax increase.
This isn’t the blueprint for prosperity and job creation. It’s the blueprint for stagnation, higher property taxes and artificially high project costs.
UPDATE: Check out Mitch’s post about Rep. Winkler’s Brezhnev-style economic theories.
Juan Williams and Mary Katherine Ham normally get along with each other. This morning, Juan Williams accused Mary Katherine Ham of not caring about victims of violent crime:
Here’s the spiciest exchange:
MKH: It’s fairly clear that this wouldn’t help in these situations, that very little gun crime comes from the things you’re trying to regulate. Those things only impact people who are already law abiding and that’s what we’re talking about. You can’t just pass laws…well, people do all the time, unfortunately, but federal laws shouldn’t be passed, saying “Well, it might work.”
JUAN WILLIAMS: I live in the District of Columbia and I can tell you theey have extremely strong gun control laws and yet we have a very high murder rate. And why is that? Because guns flow in from Virginia, which has lax gun laws.
MKH: We have lots of guns in Virginia and yet, we don’t have a high murder rate so maybe there’s a deeper social problem going on than lone gunmen and gangs and crime in big cities.
JUAN WILLIAMS: Oh so protecting my life and protecting my family means nothing to people in Virginia and I should….?
MKH: Oh, right. That’s what I said, Juan.
Here’s a hint to Juan Williams. Perhaps it’s better to live in cities where you can protect yourself. If you don’t want to move, then get DC to change their laws.
Saying that MKH doesn’t care about Juan Williams protecting his family is downright irresponsible. That’s as irresponsible as MKH saying that Juan Williams doesn’t care about the Bill of Rights and the Second Amendment. It wouldn’t be difficult to make a case that Juan Williams doesn’t put a high enough priority on protecting people’s Second Amendment rights. That wouldn’t make it easy to make the case that Juan Williams doesn’t care about the Bill of Rights.
In the end, Juan hinted that he planned on apologizing to MKH after the interview. To her credit, Mary Katherine Ham didn’t lose her cool despite Juan’s ill-advised accusations.
Mitch Berg’s attempt to educate Dave Mindeman about economics is a hopeless situation, though it is fun watching. Mitch tried explaining that Mindeman’s “Blizzard of facts” didn’t put things in context. Here’s part of Mr. Mindeman’s argument that the economy does better under Democrats’ leadership than under the GOP:
And just in case Mr. Berg wants to highlight Obama’s tenure….
A. Corporate profits have surged an average of 51.8% under Obama, the best out of any stretch of party control since 1933, S&P said.
Mitch was right in highlighting this:
Except it’s not because business is banging along on eight cylinders. It’s because businesses are sitting on their cash. They’re laying off workers and outsourcing jobs. They are not investing in new plants, new products and new hires.
Mitch’s observation is important because it highlights the fact that businesses aren’t expanding because President Obama’s regulatory policies (Dodd-Frank, the PPACA) discourage long-term economic growth. Rather than admitting that Mitch has a legitimate point, Mr. Mindeman threw this hissy fit:
So these are the “job creators”? They would rather sit on their wealth and tank the economy than move the country forward?
Glad the Republicans take advice from these characters.
The insinuation is that business is waiting for a better “business climate”. And what is that exactly? Is there a need for more workers? Unemployment says no. Better tax rates? If they have all this cash, why would they need tax cuts?
That’s proof that Mr. Mindeman isn’t an expert in connecting economic dots. That’s why I’m putting this post together. In the spirit of bipartisanship, I’ll answer Mindeman’s questions:
The insinuation is that business is waiting for a better “business climate”. And what is that exactly?
The best explanation I have for what constitutes a pro-growth business climate is a period in time when entrepreneurs know that regulations will be relatively stable, that labor costs will be reasonable and the opportunity to make profits is good. Right now, entrepreneurs know that President Obama’s administration is a regulation-making nightmare.
Entrepreneurs have said forthrightly that they don’t know if they’ll be complying with regulations today but might be out of compliance a week from now. Why would a business hire additional people if he isn’t certain about what regulations he has to comply with?
Better tax rates? If they have all this cash, why would they need tax cuts?
Nobody’s talking about tax cuts at this point. What’s been proposed is eliminating corporate welfare, broadening the tax base in exchange for lower rates and tax simplification.
So these are the “job creators”? They would rather sit on their wealth and tank the economy than move the country forward?
First, entrepreneurs can’t wait to create jobs and wealth. With this administration’s strangling load of new regulations and the threat of massive tax increases in the immediate future, these entrepreneurs would be foolish to put their capital at risk.
Second, this administration’s treatment of capitalists like villains isn’t conducive to job, wealth and prosperity creation. Telling businesses to put their money at risk so the government can confiscate it through outrageous tax rates is the best way to guarantee miniscule job growth, which is what we have.
But let’s look at Berg’s “bonus” questions…..
Why is Paul Krugman’s wet-dream state California floating toward the surface, its belly slowly rotating toward the sky, with a private sector that is leaving the state as fast as moving trucks can be secured?
California was the victim of the Republican “wet dream”, Proposition 13….which has shackled California legislation for decades. And the idea that super majorities are required to pass tax legislation (another GOP “wet dream”.) Now that California has formed Democratic super majorities, we shall see how the state can work.
This fight’s outcome has been determined. California will be a mess for the forseeable future. Prop 13 wasn’t the problem. After Prop 13 passed, economic growth in California continued.
What’s crippling California is their pension system and their cultish adherance to insane environmental policies. Environmental policies have crippled the agriculture economof California’s Central Valley. A different part of California’s environmental policies are preventing the state from tapping into vast energy resources lying just beneath the surface.
Rather than investing in job-creating fossil fuel project that would create wealth and prosperity, California took the opposite approach. They’re investing heavily in failed green energy economies. The only jobs the green industry has created are being filled with bankruptcy lawyers.
No amount of tax increases will fix California’s economy if they continue to ‘invest in’ failing green energy projects while not tapping into fossil fuel reserves. No amount of Mindeman’s arguments will put that in better context.
People for the American Way, one of DC’s most liberal special interest groups, is trying to kick Michele Bachmann off the House Intelligence Committee with trumped up charges. Here’s what they’re saying:
In an Oct. 3 paid message in The Nation magazine, People for the American Way said “these fringe conspiracy theories and McCarthyite fear tactics have no place in Congress and especially have no place on the House Intelligence Committee.”
Michele Bachmann, Louie Gohmert, Lynn Westmoreland, Tom Feeney and Trent Franks asked the IGs of several cabinet departments to investigate whether the Muslim Brotherhood was gaining undue influence on US foreign policy. That’s what PFAW characterizes as “fringe conspiracy theories and McCarthyite fear tactics.”
PFAW is nothing more than another fringe lefty organization. They’ve got a patriotic-sounding name and a radical leftist agenda. PFAW’s board of directors reads like a who’s who of committed leftists. Alec Baldwin, Mary Frances Berry, Julian Bond and founder Norman Lear are the highest profile board members. This key paragraph from PFAW’s statement on John Roberts’ confirmation as Chief Justice of the Supreme Court speaks volumes:
We are disappointed with those Democrats and moderate Republicans who chose to support Judge Roberts, despite his long record of working to undermine rights and legal protections, his evasive answers to the Senate, and the Bush administration’s continued refusal to release key documents that would have illuminated his record and approach to the Constitution.
That’s BS. John Roberts was a judge on the DC Circuit Court of Appeals for 2 years before his confirmation as Chief Justice of the U.S. Supreme Court. It’s impossible to accumulate a “long record of working to undermine rights.”
Now PFAW is criticizing Michele Bachmann, arguing that she’s using McCarthyite fear tactics.
“Rep. Bachmann’s reckless behavior is an abuse of her sensitive position on the committee, a threat to our national security, and an discredit her office and to our great nation ….I think the time has come for her to be removed from Congress once and for all.”
Graves’ statement sounds awfully similar to PFAW’s statement. That’s proof he isn’t the new Democrat he’s said he is.