Monthly Archives: August 2019

Debates and Getting Things Done

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Some Progressive-Democratic Party Presidential candidates aren’t making the cut for Party’s September debate gala in Houston. So far, only 10, or so, have met debate criteria for get there, out of a field of some 20 candidates. The ones missing out are upset with the long-announced rules, and other now ex- candidates are dropping out of the race altogether.

If they’re serious about their complaints and not just whining like spoiled toddlers, those candidates who don’t make the “official” September debate would get together and hold their own debate at the same time and across the street from the DNC’s debate.

While they’re there, they could address an item Montana Governor Steve Bullock (D) raised:

As we’re losing governors from this race, maybe we ought to think about also, like, are these DNC rules for the debates disadvantaging folks that actually have to get things done?

Bullock and his confreres could debate why those governors are unable to “get done” their appearance on the big boys’ stage. Organizing their own debate would go a short way toward redeeming Bullock’s claim.

A Hypocrisy in Texas

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The Texas State government has passed a law making it illegal for government entities in the state of Texas to enter into a transaction with an abortion provider or an abortion provider’s affiliates.

Austin, the State’s capital, thinks it knows better and is working to get 150 stacks folded into its 2020 city budget to fund abortion services.  Here’s Austin city council member Greg Casar, making plain the hypocrisy:

In Austin, we believe and announce that everyone has a right to healthcare. We believe and announce that abortion is healthcare, and we refuse to back down on protecting our continuance basic rights.

Everyone but babies have a right to healthcare, that is.  The city is working hard to turn its collective back on a baby’s basic right to life.

Keep Austin Weird is the city’s unofficial motto.  With folks like Casar, and his supporters Mayor Pro Tempore Delia Garza and fellow council members Leslie Pool and Paige Ellis in the city’s government, the motto is closer to Keep Austin Bloody.

Gun “Control”

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The Wall Street Journal‘s student-written Future View column turned to gun control recently, and Rasmus Haure-Peterson, a philosophy and economics major at the University of Oxford, had a thought in his letter.  He wrote, in part,

Given the spree of mass shootings, some targeted gun-control measures are needed for the sake of a safer America, even if they curb some people’s rights on the margins. But gun-rights advocates won’t make that concession unless they know that giving an inch won’t cost them a mile.

Haure-Peterson was on the right track until he got to the first part of this. It’s wrong, morally and legally, to punish—especially under the insidious guise of “restrictions,” or during the hysteria of “mass shootings”—everyone for the crimes of a few. Go after the few.

He got back on track with the last. As long as the Left and their Progressive-Democratic Party flat refuse to say what their gun control limiting principle is, the only possible conclusion is that they’re after the natural limit: taking all of our weapons.

Student Loans and Scams

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Folks are growing concerned about the magnitude of, and problems associated with, the massive student loan situation, and the some are even calling it a scam.

Defaults have fallen for most forms of consumer debt as the economic expansion continues. Mortgage delinquencies last quarter hit a historic low. But severely delinquent student loans have soared since 2012 and are now 35% of “severe derogatories”—more than credit cards (23%), auto loans (21%), and mortgages (11%).

This “scam” is laid at the feet of the CBO during the Obama administration.  It’s certainly true that the CBO misread the situation, perhaps even negligently so.

Here’s the short and sweet of it, though.

The student loan overhang is a serious problem.  However, the real scam is that of so many Progressive-Democratic Party Presidential candidates who want to forgive all those loans—transferring the loan problem directly onto the backs of taxpayers, instead of leaving it where it belongs: the responsibility of the students and parents who borrowed so foolishly and of the lenders who so foolishly loaned.

An Economic Misunderstanding

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The Congressional Budget Office said Wednesday that the two-year budget deal will increase our annual deficits significantly over the next ten years.  That puts a premium on Republicans regaining the majority in the House, retaining/expanding its majority in the Senate, and retaining the White House, with an emphasis on Conservative Republicans in that mix.  That’s for another post, though.

What…triggered…me was this bit at the end of the article CBO Director Phillip Swagel:

The nation’s fiscal outlook is challenging. To put it on a sustainable course, lawmakers will have to make significant changes to tax and spending policies—making revenues larger than they would be under current law, reducing spending below projected accounts, or adopting some combination of those approaches.

Close, but no cigar—not even an ersatz vaping cigar (do they make these?).  To get onto a sustainable course, the only change to tax policy is to continue reducing the rates: make the individual income tax rates permanent, then move onto a course to (permanent) low flat tax rate on all income, regardless of source. Add to that elimination corporate income taxes altogether; it’s corporations’ customers who pay the bulk of those taxes, anyway, in the form of higher prices.

Then cut spending to levels below the resulting revenues, with an emphasis on cutting non-defense spending.  It’s time the government stopped misspending us citizens’ money.  It’s also time the government stopped competing in the economy for products, services, and resources to produce those products and services.

With more money left in our hands, and with less competition from Government driving up our prices, the private economy will truly take off—increasing along the way revenues to the government from that greatly increased economic activity.

That increased economic activity and revenue to Government will have an additional mid-term salutary effect, if politicians are sensible and don’t lose their nerve.  The increased revenue could ease the pain of transitioning our Social Security and Medicare programs to privately done facilities, getting Government further out of our personal economic and health lives.

The increased economic activity also would redound to the States’ collected revenues—facilitating over the same mid-term a conversion of Federal Medicaid transfers to block grants to the States on an annual declining balance to zero schedule.