Showing posts with label liberal schemes. Show all posts
Showing posts with label liberal schemes. Show all posts

Friday, December 3, 2010

Democrats Running Scared--American are wise to their scams

From Lefty website Slate...

Be Afraid. Very Afraid
Alan Simpson and Erskine Bowles try to scare America into doing something about the deficit
“Wonkish, crotchety, and mostly bald, the co-chairs of President Obama's National Commission on Fiscal Responsibility and Reform want you to care about the deficit the way cable television wants you to care about pedophiles.”(Slate – Be Afraid. Be Very Afraid)
The Slate headline mocks those ringing alarm bells over the national debt, but in a true example of liberal projection, it really sums up their own fears. Americans may actually support taking the punch bowl away this time...

This latest flurry of panels and commission reports is getting serious attention, and they are bipartisan. Alice Rivlin and Erskine Bowles are Clinton Democrats.  Liberals are scared.

Progressive schemes fail without other people's money

Look for more sniveling, snarking commentary like this from the left. Take away their access to other people’s money, and their positive rights agenda collapses.  They can no longer buy votes by confiscating our money and bribing people with it.

A free-market, free-people agenda as envisioned by the founders costs nothing.  Negative rights are natural, God-given, and therefore free.

Thursday, May 20, 2010

Protesting Reality

The Welfare State is in a Death Spiral, and Liberals Can't Handle the Truth
"The spectacle of government workers, cranky retirees, militant unionists, and mad dog socialists locked arm in arm protesting reality is a sight we'd better get used to."  (Bill Frezza - Our Greek Future)
As Robert Samuelson notes dryly, we are witnessing "the death spiral of the welfare state."  Greece now, with the rest of Europe and the US soon to follow.
Virtually every advanced nation, including the United States, faces the same prospect. Aging populations have been promised huge health and retirement benefits, which countries haven't fully covered with taxes. The reckoning has arrived in Greece, but it awaits most wealthy societies.

Budget deficits and debt are the real problems; and these stem from all the welfare benefits (unemployment insurance, old-age assistance, health insurance) provided by modern governments.
Bill Frezza's snapshots from Greece show the results of a government-heavy, socialized welfare state like Obama and the Democrats want to create here:
Athens is a squat, graffiti covered dump badly in need of a paint job whose population all seemed to be off somewhere taking a nap.

The Greek economy relies heavily on tourism yet there was hardly a hint of a service mentality. Doughy stares and listless shrugs were the order of the day.
Wake up America! How many million unionists are we expected to carry on our public payrolls? How long can we keep government employees on defined-benefit pension plans while the rest of us scramble to fund our 401(k)s?

Thursday, April 15, 2010

Liberal Lies





It's a beautiful and encouraging time in America for conservatives and libertarians!



Liberalism is undergoing a worldwide collapse, American are wise to the failed tactics and policies of progressivism, and liberals here in the US are coming unhinged
  • Nanny states everywhere are groaning under the weight of unsustainable pension plans and public debt, and our politicians foolishly offer us more lollipops, rainbows and a ponies...
  • Former hit songs by Obama and The Pelosicrats have been resigned to the 99 cent bargain bins.
  • Ron Paul could beat Obama in a head to head match-up
60% of Americans want the health care travesty repealed, and it just may happen since congress inadvertently forgot to exempt themselves
"the law may “remove members of Congress and Congressional staff” from their current coverage, in the Federal Employees Health Benefits Program, before any alternatives are available. 
 The confusion raises the inevitable question:
If they did not know exactly what they were doing to themselves, did lawmakers who wrote and passed the bill fully grasp the details of how it would influence the lives of other Americans?" (New York Times)
Now, the sniveling cowards in the Democratic party are dodging a basic congressional responsibility:
Congressional Democrats said Tuesday that they may be unable to approve a budget plan this year because many lawmakers are unwilling, in the run-up to the November midterm elections, to ratify a spending blueprint that is certain to include large deficits. 

Although a budget resolution is "important," House Majority Leader Steny H. Hoyer (D-Md.) said, "it is difficult to pass budgets in election years because, you know, they reflect what is the status. And the status of this country was brought into deep debt by the economic policies of the Bush administration." (Wapo - Political Digest)
I hope "It's all Bush's fault" is the Democrat campaign motto this November.  They are too stupid to realize even moderates with no love for Bush are tired of hearing that tune.

Hateful Republicans insist Congress obey the laws it passed
The Senate remains embroiled in a debate over extending jobless benefits as Republicans push for the legislation to be paid for and Democrats try to vilify the GOP for keeping needy people from getting their unemployment checks.  (Washington Examiner)
The Democrats passed Paygo this year, swearing they would find offsetting cuts or raise taxes to pay for new stuff.  How dare the GOP have the temerity to hold them to it!

Political promises are not worth the paper they're printed on, even if that paper is the federal register of US Code that contains the catalog of laws the congress passes and then exempts itself from.

Come November, it's time to take out the trash, America.

Wednesday, April 14, 2010

Why The Stimulus Isn't Working


Because it's not a stimulus

Keynesian stimulus has never worked.  That includes World War II.  Yes, wartime production brought us out of the depression, but government didn't create consumer demand, it was the demander.  And it demanded tools of war because our existence was threatened.  We needed the materiel that our industry produced, and we used it to a good end.

What our government is doing now has stimulated nothing.  Government can throw some confiscated money to those barely treading water, but that is not stimulus; it is a palliative.

Political payoffs to failed state and local governments border on the criminal, allowing them to dodge the consequences of their financial malfeasance for a few more years. 

Weatherization, windmills and cash for clunkers misallocate resources and distort the market.  They cause inefficiencies and delay the creative destruction that ushers in economic recovery. If you want a 21st century economy, you've got to allow the market to prune the 20th century branches.

If Government must get involved...

Building a hundred nuclear power plants would come the closest to a government "investment." (For a contrary view, see John Stossel's blog.)  It would put people to work for 5-10 years building something we need. Once built, we would reap the benefits of bountiful home-grown electricity. Unfortunately, we're going the Don Quixote route.


Eat Yourself Thin
Economics professor Mark Hendrickson has written the best summary on why Keynesian stimulators (Krugman, Stiglitz, et al) and the Central Planners at the White House are all wrong.
The massive deficit spending of Franklin Roosevelt in the 1930s didn't stop the Great Depression. In fact, despite FDR spending more money in his first five years in office than all 31 prior presidents combined. 

His Secretary of the Treasury Henry Morgenthau stated in 1939 that "[w]e are spending more than we have ever spent before and it does not work. ... I say after eight [sic] years of this Administration we have just as much unemployment as when we started ... And an enormous debt to boot!"
He also mentions Japan's failed Keynesian decades and reminds us that economic history did not start in the 1930s. We had crashes and panics before FDR came along, and we got out of them without government intervention.  Cato has a very short example Here

Read these informative articles and do your part to push back against the liberal fairy tales.  "Spend your way to prosperity" makes as much sense as "Eat yourself thin."