Daily Archives: 16 April 2018

A Lesson About Discrimination

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A few days ago, The Wall Street Journal ran a piece about a teacher and a principal who taught a 1968 lesson about racial tolerance, using the equally arbritrary blue eyes-brown eyes discriminant as the teaching prop.

A Letter to the Editor response decried both the lesson and the pride in it that was conveyed in that article.

…one of the most disturbing and emotional things I had ever experienced. Teachers whom I once looked up to were subjecting me to irrational and arbitrary treatment based on my eye color. … My father … called my school’s leadership and received a complete apology.

How sad, that letter writer and his father missed the point of the lesson and missed precisely that “disturbing and emotional thing” that real victims of irrational and arbitrary treatment experience.

On the other hand, a commenter in the Letters thread asked this:

Does this same reasoning that this was child abuse apply to the teachers lecturing about “white privilege” and setting up situations to guilt trip children based on their skin color?

How sad, too, that that discrimination is actively practiced today.

Tax Cuts, Deficits, and Economic Growth

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The hype is that the tax cuts enacted at the end of last year will lead to trillion dollar Federal government deficits.

On the other hand, there’s this bit about economic growth in the CBO’s report that also carried that deficit forecast [emphasis in the original].

  • Last June, the CBO said GDP growth for 2018 would be just 2%. Now it figures growth will be 3.3%—a significant upward revision. It also boosted its forecast for 2019 from a meager 1.5% to a respectable 2.4%.
  • [T]he CBO now expects GDP to be $6.1 trillion bigger by 2027 than it did before the tax cuts.
  • before accounting for economic growth, the tax cuts Trump signed into law late last year would cut federal revenues by $1.69 trillion from 2018-2027.
    But it goes on to say that higher rate of GDP growth will produce $1.1 trillion in new revenues. In other words, 65% of the tax cuts are paid for by extra economic growth.
  • CBO now expects GDP to be $6.1 trillion bigger by 2027 than it did before the tax cuts.

Blame tax cuts for deficits?  No, Federal government deficits are caused by the Federal government spending more than it takes in from its various revenue sources, of which taxes are a prominent part.  And there’s still no concrete justification for the spending levels, just glittering generalities.  And every special interest has an especially sparkling generality to justify its spending.

Here’s some tax cut-created spending reduction (because of economic growth and the resulting increased prosperity of some of our poorer friends, not because of any Congressional courage in doing outright cutting):

[F]aster growth will also reduce federal entitlement spending keyed to the economy—unemployment insurance, food stamps, welfare and the like—by $150 billion, the CBO says.

But increasing prosperity isn’t a proper topic for hyping.

 

ht/ Powerline