…I think, to end the monopoly that is the United States Post Office. The Constitution does not support this monopoly, saying only that one of the powers of Congress is To establish Post Offices and Post Roads. Congress can do this just fine by fostering competition and getting out of the way of the private sector handling all of our mail delivery.
The trigger for this is the USPS’ union mendacious claims concerning USPS’ new partnership with Staples to open mini-post offices in Staples stores
You can check in, but they do everything they can to keep you from checking out.
A Missouri citizen had her preferred insurance coverage canceled out from under her by Obamacare. She was forced by circumstance into the ObamaMart, where she got coverage for $950/mo (that’s $11,400 each and every year, for those of you following along at home).
After that, she found a better plan with coverage that better suited her needs on what’s left of the private market, and she tried to sign up. No dice; the insurer told her she’d have to cancel her Obamacare policy first (not allowed to buy two policies from two different stores, apparently).
At a joint appearance with Canada’s Foreign Affairs Minister, John Baird, [Secretary of State John] Kerry said he has not received a crucial environmental report on the $7 billion pipeline, which would carry oil from western Canada to refineries in Texas.
“My hope is that before long, that analysis will be available, and then my work begins[.]“
Never mind that the “analysis” has been going on for the better part of a decade.
Then Kerry added this bit of mendacity:
I can promise our friends in Canada that all the appropriate effort is being put into trying to get this done effectively and rapidly.
President Barack Obama is at it again. Now he’s unilaterally, without legal authority, delaying another aspect of Obamacare. He’s having his IRS—his Un-American Activities Committee (at least the members of HUAC were elected by us)—not enforce through tax collections a provision that prohibits employers from providing better health benefits to top executives than to other employees. His excuse is that, four years after Obamacare was enacted, the IRS hasn’t bothered to write the rules that would effect the collections.
Gerald Auten and Geoffrey Gee wrote about “Income Mobility in the United States: New Evidence from Income Tax Data.” It’s an extensive paper; I’m abstracting a couple of points in this post [emphasis added].
More than half of taxpayers…moved to a different income quintile over this period [1996-2005]. About half…of those in the bottom income quintile in 1996 moved to a higher income group by 2005.
Notice that: the share of working-age Americans had started to fall the year before the Panic of 2008, and it started to fall sharply a few months prior to the Panic’s official start. Those are economic lags working through the system.
The problem is, the share of potential workers actually working has remained static at its historic low of roughly 58.5% ever since. That’s not economic lag, that’s failed economic policies over the last several years.
I’ll start with an old parable. One man makes $1,000/day, and another makes $10/day. The “high income” man then opens a factory and hires the “low income” man, and two or three others, at $100/day. The high income man, with his factory, now makes $2,000/day. The income disparity difference certainly has increased, markedly, from the original $990/day to $1,900/day.
But has the disparity increased, really? The high income man, from his factory and hirings has gone from making 100 times the low income man’s earnings to only 20 times that man’s earnings. And while the high income man’s earnings have doubled, the low income man’s earnings have gone up 10 times.
Senate Majority Leader Harry Reid (D, NV) blew up the Senate filibuster with his manufactured claim of Republican obstructionism and with his Senate rules-breaking move to eliminate it (for now only regarding Presidential nominees) with a (Democrat only) majority vote.
Yet Republican-led (note that: not the Republican satrapy, as Reid views his Senate to be for Democrats) House passed 200 jobs- and economy-related bills in 2013 and some dozen that were passed with 250 or more votes—i.e., with considerable Democrat (that would be bipartisan, for those Progressives following along at home) voting support.
The existence of unemployment insurance payments means, especially for the low-skilled, that the change in income for taking a job ranges from slightly negative to slightly positive. This is what underlies much of the argument against unemployment insurance payments of any duration.
That’s only background to the present situation, though. There are two more, and more important, considerations surrounding the present push by President Barack Obama and Senate Majority Leader Harry Reid (D, NV) to extend emergency unemployment insurance payments.
Fox News niggles at the story. Here’s a short list of tax breaks that are at risk of not being renewed (due to Democrats’ intransigence concerning cutting Federal spending, these tax “breaks” do increase the deficit), even though usually they are renewed early in the subsequent year:
tax credit for research and development: saving an estimated $6.2 billion in 2013
exemption that allows banks, insurance companies and other financial firms to shield foreign profits from being taxed by the US: saving an estimated $9.4 billion in 2013