Government Making Crime Pay

Now the Progressive-Democratic Party reigning in the New York State government wants to reward felons for their crimes. After those felons have paid their debt to New York society through their jail time (and apparently before they’ve served out the rest of their penalty in the form of parole), the State wants to give them $2,600 for their trouble.

The legislation, introduced by State Senator Kevin Parker [D] and Assemblyman Eddie Gibbs [D], would allow inmates to collect around $400 each month over six months once they leave prison.
As the bill currently stands, there are no limitations on how or where the money can be spent, according to Fox 5 New York.

Impact of Biden’s Border and Immigration Policies on Employment

Another outcome of Progressive-Democrat President Joe Biden’s disdain for our national borders and for actually vetting who comes into our nation is this. Notice, too, that the graph isn’t some tenuously done aggregation of data from questionable sources; it’s a FRED (Federal Reserve Economic Data, compiled by the Federal Reserve Bank of St. Louis) graph.

In just February, 1.2 million immigrants (legal and illegal) gained a job. Meanwhile, 500k native-born Americans LOST their job.
Since Covid, native-born workers have actually LOST 2 million jobs. All of the net job gains are immigrants.

 

Virtue-Signaling in the Credit Card Market

Progressive-Democrat President Joe Biden is at it again, attempting to buy votes with another of his sham attempts to save us ordinary Americans money.

The Biden administration on Tuesday finalized a new rule to cap all credit card late fees at $8, a move that is expected to elicit fierce pushback from industry giants.

His Consumer Finance Protection Bureau

estimates the new regulation will save American families more than $10 billion in late fees annually by reducing the typical late fee of about $32. That amounts to an average saving of roughly $220 per year for the 45 million people who are charged late fees.

The Next Step

It’s becoming necessary. I wrote yesterday about the need for tariffs on a variety of tech-oriented goods that the People’s Republic of China is heavily subsidizing for production and export.

It’s rapidly becoming necessary—if it hasn’t been for some time already—to take the next step vis-à-vis trade with the PRC.

Trade routes snaking through former Soviet republics Kazakhstan and Kyrgyzstan are among the many paths into Russia for so-called dual-use goods—singled out by the US and its allies because they can be used on the battlefield.
Despite their efforts, Central Asia is a growing pipeline for Russia, made possible by thousands of miles of open borders, opaque trade practices and opportunistic middlemen. The goods often originate in China, where they are manufactured in some cases by major US companies, which say the items are being imported by Russia without their permission.

Subscriptions

A Wall Street Journal Finance writer wrote an article bragging about how all the subscriptions he had that he canceled pays for his lease on a Tesla Model Y. The key takeaway for me was the vast number of subscriptions this Finance writer had accumulated. This screen shot shows the large number of subscriptions that he canceled (or in the case of SiriusXM, the price cut that he negotiated):

And he still has all of these sucking money.

We still have Disney+, Hulu, Max, the language-learning service Duolingo and, of course, Spotify. We get three print newspapers delivered and many more digital news subscriptions.

Tariffs

When considering the utility of tariffs, it’s useful to keep in mind that foreign trade has very little to do with economics and very much to do with foreign policy. Tariffs, within that framework, can be either good or bad, although as with any tools used in any conflict, they won’t come without cost.

Empty Promises

The Left and their Progressive-Democratic Party politicians have been promising “good paying” jobs in green energy as they try to push our nation off hydrocarbon-based energy onto their “green” energy sources. Here’s an example, in Moapa, NV, of how well kept those promises are.

A coal power plant that once employed as many as 300 people closed near this small town about an hour outside of Las Vegas in 2017. Nevada’s public utility has since transformed the site into a home for batteries that store energy captured by nearby solar panels. The $257 million project received roughly $100 million in federal tax credits because of President Biden’s Inflation Reduction Act.
… Construction of the site and installation of the batteries required roughly 200 workers over a year. Maintaining and operating the batteries will require about five.

Speaker Johnson’s Job

House Speaker Mike Johnson (R, LA) has a job to do, and The Wall Street Journal tried to characterize it this way:

…Johnson has to decide whether to cut a government funding deal with Democrats that risks costing him his job.

No. The House’s job, and so Speaker Johnson’s job, is to control the Federal government’s spending. That job, that spending control, most assuredly does not include cutting deals with a Progressive-Democratic Party that is bent on profligate spending. That he’s confronted with so many timid Republicans desperate for the comfort of loyal opposition rather than the hard reality of governing only makes his own job harder. That timidity, no more than spendthriftiness, alters his job not a whit.

This Is Why Unions Need to be Busted

Iowa State Senator Adrian Dickey (R, Packwood) has introduced SF 2374, which is a bill that would

require each public employer to “submit to the [Public Employee Relations Board, or PERB] a list of employees in the bargaining unit” within 10 days of a union recertification election.

Never mind that Iowa’s taxpaying citizens have every right to know what their tax dollars are being used for and who’s being paid with them. Never mind, either, that the bill requires public employers, not unions, to submit lists of eligible employees. Never mind, either either, that unions insist on precisely this information when it’s useful for them; unions just call it card checking.

No CR

The House Freedom Caucus wants House Speaker Mike Johnson (R, LA) to attach a House-passed border security bill that’s sitting in the US Senate to the next spending bill that Congress must pass to avoid a government shutdown. Freedom Caucus member Bob Good (R, VA):

I think we ought to be willing to have a fight over securing the border. I think we ought to refuse to fund the government if the administration continues to be unwilling to secure the border, then we ought to tie the funding of the government to border security implementation where some funds are held back until the measurables are met, the performance metrics that demonstrate that the border is being secured. And we do it to through Sept. 30 at the FRA levels[.]