The editors at The Wall Street Journalexpressed worry about President Donald Trump’s use of his “pen and phone” over the weekend to render the Congressional Progressive-Democrats’ obstructionism regarding Wuhan Virus relief for Americans irrelevant. They think he’s aping too closely ex-President Barack Obama’s (D) pen and phone.
It’s true that Trump is using his pen and phone. The differences between his actions and Obama’s, though, are two: Trump is undoing Obama’s pen and phone actions, not creating new things—with this exception, which is the other critical difference: Obama’s actions were largely illegal, struck down on legal challenge; Trump’s have proven legal, in the main, upheld on legal challenge.
that are in violation of gathering regulations as a means to “shut these places down permanently.”
“By turning off that power, shutting off that water we feel we can close these places down, which usually are not one-time offenders but multiple-offenders[.]”
Never mind that draconian lockdowns damage the economy to the point of doing more harm than the Wuhan Virus. Garcetti, in addition to permanently destroying businesses—and the lives of those business’ owners, operators, and employees—fully intends to destroy homes and homeowners, also.
Progressive-Democrats don’t seem to care about economic recovery, only about using the current Wuhan Virus situation and the economic dislocation the virus has spurred for their own political power gain.
This is made plain by House Speaker Nancy Pelosi (D, CA) in an interview she gave to CBS News‘ Face the Nation Sunday.
…what we will not support is the following. What they’re saying to essential workers, you have to go to work because you’re essential. We’ve place no responsibility on your employer to make that workplace safe and if you get sick, you have no recourse because we’ve given your employer protection.
According to a 2018 Bureau of Labor Statistics survey—before the 2017 tax reform bill had been able to percolate into our economy in any serious way—we Americans spent more on the taxes Government exacts from us than we did on food, clothing, and health care combined.
Duke has been unable to use all the corporate-research and renewable-energy credits it accumulated because it has been using accelerated tax deductions for capital investments to lower its taxable income, said Dwight Jacobs, the company’s chief accounting officer. That bumped it up against tax-code rules that limit tax credits, leaving $1.8 billion in unused credits on Duke’s books. Under the proposal, the company could get that within months instead of years.
The proposal “would give us more cash today and that would cause us to avoid borrowing money that we would otherwise have to borrow,” said Mr Jacobs.
A writer, published in Wall Street Journal‘s Letters, responded to the idea that emphasis on education credentials over actual experience averred that the emphasis isn’t at all misplaced.
It’s more likely that there is a limited number of high-wage jobs available and that the market has efficiently set the wage based on the supply/demand curves.
This is a remarkably ill-informed claim, assuming as it does that we actually have an efficient market in labor.
Such a market cannot exist, though, in an environment where unions have monopoly power over labor in the industries in which they operate, nor can it exist in an economy with such widespread minimum wage mandates.
The “unrest” sparked by the murder of George Floyd in Minneapolis, and now by the killing of Rayshard Brooks in Atlanta, is encouraging Congressmen to include increased funding for State and local jurisdictions in any “next stimulus” package that might be in the offing.
States and cities facing budget shortfalls have warned they might need to pare back spending on public safety, including police officers and fire protection.
“Including police officers and fire protection” is a cynical excuse for spending yet more OPM.