Happy New Year

Originally published in 2012, I repeat it here.

This blogger hopes for increasing prosperity for all in the new year just begun.  Following are some additional thoughts, from those better than me.

Dinner was made for eating, not for talking.
–William Makepeace Thackeray

New Year’s Resolution: to tolerate fools more gladly, provided this does not encourage them to take up more of my time.
–James Agate

Those who gave thee a body, furnished it with weakness; but He who gave thee Soul, armed thee with resolution.  Employ it, and thou art wise; be wise, and thou art happy.
–Akhenaton

Happy New Year

Originally published in 2012, I repeat it here.

This blogger hopes for increasing prosperity for all in the new year just begun.  Following are some additional thoughts, from those better than me.

Dinner was made for eating, not for talking.
–William Makepeace Thackeray

New Year’s Resolution: to tolerate fools more gladly, provided this does not encourage them to take up more of my time.
–James Agate

Those who gave thee a body, furnished it with weakness; but He who gave thee Soul, armed thee with resolution.  Employ it, and thou art wise; be wise, and thou art happy.
–Akhenaton

Biden’s Attack on our Energy Independence

continues. President Joe Biden (D), the privileged white male patriarch half of the Biden-Harris administration, said at his Thursday CNN-hosted townhall—and he actually was serious:

I don’t see anything that’s going to significantly reduce gas prices right now. My guess is you’ll start to see gas prices come down as we get by going into the winter, I mean excuse me, into next year in 2022.

Of course he does see what would significantly reduce gas prices—and stop the inflation in the cost of so many other consumer goods that depend on energy production. And no, I don’t mean begging more piteously for OPEC to increase oil production, nor do I mean imploring Russia to increase its oil and gas shipments.

Happy New Year

Originally published in 2012, I repeat it here.

This blogger hopes for increasing prosperity for all in the new year just begun.  Following are some additional thoughts, from those better than I.

Dinner was made for eating, not for talking.
–William Makepeace Thackeray

New Year’s Resolution: to tolerate fools more gladly, provided this does not encourage them to take up more of my time.
–James Agate

Those who gave thee a body, furnished it with weakness; but He who gave thee Soul, armed thee with resolution.  Employ it, and thou art wise; be wise, and thou art happy.
–Akhenaton

Still a Foolish Tax

The EU’s usurious digital tax on international tech companies that they had proposed has met with sufficient resistance from low-tax member nations—Ireland and several northern European nations—that France and Germany, the drivers of the proposal, have offered a modified version.  This new effort would

  • limit the tax to a 3% levy on online advertising revenues rather than all online revenues
  • effectively exempt Amazon, AirBnB, and Spotify—a sop to non-EU administrations, especially Trump
  • run until 2025

The beef underlying this drive to tax techs centers on tech firms paying less tax than putatively traditional firms on their EU earnings.

Taxpayer Money

This is how the citizens of Missouri are seeing their tax money being used, this time by the University of Missouri.  You remember the U of M, the place where a professor demanded students attack a student reporter because he was covering a student protest.  The place where little discipline was applied to the students who answered the professor’s call. The place where the president and chancellor were forced to resign because they weren’t coddling the snowflakes enough.

“How Barack Obama rescued the US economy”

That’s the headline on a recent Financial Times piece (sorry, the FT has a paywall) by Martin Wolf.  It’s a silly headline, for a silly article.

How should we assess the economic success or failure of Barack Obama’s presidency?

This is a difficult question to answer.

Happy New Year

Originally published in 2012, I repeat it here.

This blogger hopes for increasing prosperity for all in the new year just begun.  Following are some additional thoughts, from those better than I.

Dinner was made for eating, not for talking.
–William Makepeace Thackeray

New Year’s Resolution: to tolerate fools more gladly, provided this does not encourage them to take up more of my time.
–James Agate

Those who gave thee a body, furnished it with weakness; but He who gave thee Soul, armed thee with resolution.  Employ it, and thou art wise; be wise, and thou art happy.
–Akhenaton

Four Pillars of a Health Care System?

The Wall Street Journal posited this in a Wednesday op-ed.

1. Provide a path to catastrophic health insurance for all Americans.

The WSJ then supports this with old saws: being covered generally leads to better medical results, health insurance is good for the wallet, and so on.  Then they want a government solution—while they carefully avoid saying how they would pay for it:

The ObamaCare replacement should make it possible for all people to get health insurance that provides coverage for basic prevention, like vaccines, and expensive medical care that exceeds, perhaps, $5,000 for individuals.

Federal Green Expenditures

Watts Up With That has some ideas for budget cutting in the next administration.  Or, actually, these ideas come from Salon (!) via WUWT (never mind that cutting isn’t what Salon meant).

  • Energy Department

2017 climate-related budget: $8.5 billion

  • Interior Department

2017 climate-related budget: $1.1 billion

  • State Department

2017 climate-related budget: $984 million

  • NASA

2017 climate-related budget: $1.9 billion

  • Environmental Protection Agency

2017 climate-related budget: $1.1 billion

  • National Oceanic and Atmospheric Administration

2017 climate-related research and development: $190 million

That works out to $13.8 billion of “useless waste.”  Yes, indeedy.