Monthly Archives: January 2022

Monthly Child-Tax Credit Payments at an End

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The Wall Street Journal wrote about the end of the child tax credit payments and the impact on families’ financial cushion during last year’s Wuhan Virus-related dislocation. What Ensign and Rubin missed in their piece, though, is what those payments actually are, and their upcoming impact.

Those monthly child-tax credit payments were advances on 2021’s income tax refunds. In addition to the cash flow (not income) drop from the payments’ cessation, payback of those advances on or about mid-April (or later, should the IRS decide to delay the due date for tax returns, again) will be a cast iron bitch for those lower income families whom the Progressive-Democrats were pretending to help with the advances.

Weaponized Impeachment

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Senator Ted Cruz (R, TX) thinks there’s a chance a Republican-majority House of Representatives would, in 2023, impeach the President Joe Biden (D) half of the Biden-Harris Presidency. It’s hard to tell from his remarks whether Cruz advocates such a move, or whether he’s merely making a prediction, given the mood of many politicians.

House GOP Conference Chairwoman Elise Stefanik (R, NY) has a different priority, but she doesn’t go far enough.

Anything is on the table when we are in the majority. But what I believe we should focus on is conducting oversight and making sure that we’re passing legislation to secure the border once and for all.

Impeaching Biden, however good that might feel in the moment, should not be part of the everything that’s on the table. It shouldn’t even be under consideration. Tit-for-tat impeachments aren’t the way forward for the Republican Party or for Conservatives—or for our nation. Republicans and Conservatives don’t need to act like Progressive-Democrats. We’re better than that.

Republicans and Conservatives—individually in their respective districts and in Progressive-Democrat neighboring districts, as well as at the party level—need to make the case for their policies, and not be solely against the others’ moves. They only should talk about Progressive-Democrat failures, of which our border is only one, and about Progressive-Democrat assaults on our republican democracy in terms of how Republican and Conservative policies will advance our nation and correct those failures.

The best “impeachment” of Biden-Harris would be to skunk him in the 2024 Electoral College.

Blame-shifting to Middlemen

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Now Biden-Harris is throwing a billion dollars at the food supply chain problem, even as he’s blaming food supply chain middlemen for his supply problems.

This is just more blame-shifting by Biden-Harris.

Middlemen can, indeed, price gouge. So can end-sellers. So can original producers. However, in the vast main, middlemen drive prices lower: they insulate original producers from end sellers, giving those producers more flexibility in to whom to sell, the middlemen more choices to whom to sell, and they give end sellers more choices of from whom to buy. Competition among middlemen and on both sides of the middlemen drive prices down.

And never mind the risks taken by middlemen. They don’t broker deals between original producers and final buyers; they buy from those producers, own the product, and subsequently must find buyers to whom to sell. Even if middlemen think they’ve lined up their buyers prior to purchasing from producers, many of those deals are only potential and can fall through, or the agreed future price can prove to be wildly inadequate in the realization of delivery.

Biden-Harris actually claimed with a straight face, through his unsigned “fact sheet,” that

[m]ost farmers now have little or no choice of buyer for their product and little leverage to negotiate, causing their share of every dollar spent on food to decline.

Maybe yes, maybe no. But a farmer has far more choice than if there were no middlemen to take the risk of a bumper crop driving down the price he can get on sale after harvest, or of a poor crop driving up the price he could have gotten had the crop done poorly before he committed to sell.

Biden-Harris, aside from the dishonesty of their blame-shifting, in the particular case of farm production is pretending to be ignorant of the time lags involved from crop planting to final crop delivered to the end user, and of the time lags involved from crop planting to final delivery to the livestock rancher to the end user.

Military’s Attack on Religious Freedom

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The US military is flatly refusing even to seriously consider members’ requests for religious accommodation requests regarding excusals from getting vaccinated against the Wuhan Virus. Members who apply are getting boiler plate denials of their requests. Every single one of them; no request has been granted to date.

The Chief of Staff for the USAF, for instance, is insisting that

vaccination is the least restrictive means of furthering the military’s compelling governmental interest.

The business is on appeal through the USAF (and Navy and Army) internal appeals processes; I strongly suspect members will wind up in Federal courts after the DoD appeals processes rubber stamp the service chiefs’ decisions to deny.

In that event, I suggest that all courts hearing such cases should order the Secretary of the Air Force to provide the facts and logic that support the claim of least restrictive means. No Federal court should accept the bald, unsubstantiated statement as in any way dispositive.

There’s another action Federal courts should take: should require the service chiefs to provide the specific reasons for denying the RAR for each case in which an RAR was denied.

One Federal court, since I first wrote this post, has taken some action.

U.S. District Judge Reed O’Connor has issued a preliminary injunction blocking the Navy from enforcing its Must Have Vaccine move. He wrote, in part,

There is no COVID-19 exception to the First Amendment. There is no military exclusion from our Constitution.

And

There is no COVID-19 exception to the First Amendment. There is no military exclusion from our Constitution.

The judge’s ruling can be read here.

Jobs and Unemployment

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Good times ahead in the working stiff department. Or are there?

The Labor Department’s latest employment report, to be released Friday, is projected to show employers added 405,000 jobs in December and the unemployment rate ticked down to 4.1%, according to economists surveyed by The Wall Street Journal.

4.1%: based on what labor force participation rate? That projection is left unreported, even though it’s a Critical Item in calculating the unemployment rate.

We’ll have to wait a couple of days to find out.