Tag Archives: economics

Progressive-Democrats and Crises

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We’re seeing their execution of Rahm Emanuel’s theory in spades these days.  The Republican-majority Senate has a proposal in the Senate, agreed in bipartisan fashion with Progressive-Democrat Senators that would aid average Americans and the small, medium, and large businesses—including our farmers and ranchers—weather the government-mandated shutdown of our economy in response to the present Wuhan Virus situation.

The bill would provide loans to businesses to help tide them over the current loss of revenue—many of the loans converted to grants if the businesses retain their employees on the payrolls.

The bill would provide payments of some few thousands of dollars directly to Americans now on lockdowns of varying degrees but that prevent the majority of them from going to work at all, so those individual Americans and their families can stay reasonably current on their ongoing bills.

The bill would facilitate production of badly needed medical supplies, both for the protection of medical personnel and first responders and for the support of hospitalized patients in the care of those medical personnel.

Like I said, these were bipartisanly agreed provisions.  Now those Progressive-Democrats in the Senate have welched on their agreements to these provisions. Now they’re actively—and as a Party—blocking cloture votes so the bill can’t even go to the floor for debate and an up-or-down vote.

Those Progressive-Democrats, having gotten their marching orders from House Speaker Nancy Pelosi (D, CA)—imagine that: even Senate Minority Leader Chuck Schumer (D, NY) has surrendered his Senate authority to Pelosi—who has decided she needs

  • to expand and make permanent unemployment provisions (which would trap the unemployed in the Progressive-Democrats’ welfare cage)
  • anti-carbon provisions added in
  • collective bargaining measures be added in
  • fuel emissions to be imposed on airlines
  • expansion of subsidies for wind and solar energy

None of these have anything to do with the COVID-19 situation and the associated government-mandated economy shutdown.

Progressive-Democrats’ behavior here is just naked blackmail and the holding of American citizens and our economy hostage for the Progressive-Democrats’ personal and ideological profit.

Remember this all up and down the ballot in November.

More Obstructionism

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Senate Republicans have a bill in the works that would provide aid to businesses and their employees who are at risk as a result of government-mandated business reduction to minimum production or to outright closure.  That plan would provide for

taxpayers to receive up to $1,200, with married couples eligible to receive as much as $2,400 with an additional $500 for every child. Those payments will scale down for individuals who make more than $75,000 and couples that make more than $150,000. Individuals who make more than $99,000 and households that earn more than $198,000 won’t be eligible for direct assistance.

And

provide $50 billion in loan guarantees for passenger air carriers, $8 billion for cargo air carriers and $150 billion for other large businesses, authorizing the government to take equity stakes in them. The proposal also includes $300 billion for loan guarantees for small businesses.

Progressive-Democrats in both the Senate and the House object because of course they do—it’s not their idea.

Senate Minority Leader Chuck Schumer (D, NY) and House Speaker Nancy Pelosi (D, CA) said late Thursday that the Senate Republican plan “is not at all pro-worker and instead puts corporations way ahead of workers.”

Of course. Because direct payments to workers are not at all pro-workers.  Because workers who lose their jobs because employers went out of business will simply be transferred to the Progressive-Democrats’ welfare cage.

The Senate plan does need to be carefully constructed, though, so that any money offered to businesses is promptly repaid, at market interest rates.

A Start

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But we need to go further.  Recall that an official of the Communist Party of China threatened to cut off US access to life-savings medicines that are manufactured in the People’s Republic of China [Bing Translate translation from the Xinhua publication].

If China retaliates against the United States at this time, in addition to announcing the travel ban on the United States, it also announced the strategic control of medical products and the ban on exports to the United States, then the United States will fall into the ocean of new crown [corona] viruses.

Senator Tom Cotton (R, AR) and Congressman Mike Gallagher (R, WI) have introduced legislation that will begin to address such dependencies and improve our national security.

The Chinese Communist Party threatened to cut off America’s access to vital drugs in the midst of a pandemic caused by its own failures. It’s time to pull America’s supply chains for life-saving medicine out of China and make the CCP pay for contributing to this global emergency.

The proposed legislation would

  • task an FDA registry with tracking drug ingredients
  • ban the Federal government from buying drugs with a supply chain that originates in the PRC
  • require drugs to be labeled with the name of the country where they came from
  • provide benefits to manufacturers who make their drugs or medical equipment in the US
  • take effect in 2022.

But it, or quickly following legislation, needs to go much farther.

  • Feds should buy no drugs with a supply chain that passes through the PRC, not merely originate there
  • manufacturer benefits should be limited to preferential government buys and support for drug development, not overt outlays of taxpayer money
  • push the pace: the requirements should take effect in 2021, or sooner, depending on how quickly manufacturers can readjust their supply chains

Further legislation should do the same regarding other items important to national security, items like medical equipment, computer chips of all types, energy-related equipment.

Never Let a Crisis Go to Waste

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Especially if it can be used for personal political gain.  That’s Congressman Hakeem Jeffries’ (D, NY) empirically demonstrated position.  It seems the Senate—Republican led, mind you—has had the effrontery to begin work on an economic stimulus package subsequent to the one the Progressive-Democrat-led House spent so much time botching and patching before it finally sent that package to the Senate for passage. And they didn’t say Mother May I to the House, first.

That miserable Republican-led Senate has had the initiative and the focus and the desire to support ordinary citizens and our small businesses during this Wuhan virus situation, and that embarrasses (to be generous) some House Progressive-Democrats.  Jeffries:

Just so we’re clear. The Constitution gives the House sole power to initiate spending on behalf of the American people. Not the Senate. And certainly not this President. House Dems will prioritize displaced workers, families & small businesses #Stimulus.

And certainly not this President.  It doesn’t get any clearer than that.

Never mind that the President explicitly proposes spending initiatives—it’s in his annual budget proposal.

Never mind that our Constitution’s Article I, Section 7 opens with this clause:

All bills for raising Revenue shall originate in the House of Representatives….

Revenue. Not spending, on which origin our Constitution is utterly silent.

The Right Reverend Jeffries knows this full well.

Reusable Grocery Bags

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…and reusable shopping bags, generally. These are supposedly better for our environment than nominally single-use plastic or paper bags (though both, until they wear out, can serve other purposes than holding food or other goods—usually two or three reuses until they’re truly ready for the trash or the recycling bin).

The serious questions, though, and ones that have been missed until the current COVID-19 situation has exposed them empirically, are:

For whose environment, exactly, are reusable shopping bags better?

Who, exactly, are the ones doing the reusing?

The answer to the first is…germs.

The answer to the second is…germs.

And today, the threat to us short-sighted humans is COVID-19, right along with our old foes, bacteria. CDC has said that COVID-19 can remain viable on a large variety of surfaces for hours to days—surfaces like the burlap or canvas of some reusable bags—and especially on the plastic linings of many more reusable bags.

Researchers at the University of Arizona and Loma Linda University surveyed grocery shoppers and randomly tested their reusable bags. “Large numbers of bacteria were found in almost all bags and coliform bacteria in half,” they wrote in their 2011 study….

And this datum:

In 2013 millions of American piglets died amid an outbreak of novel swine enteric coronavirus disease, and after an investigation the US Department of Agriculture concluded that reusable feed totes were the most likely root cause.

This has been a problem of which we’ve been aware for some years.  And yet….

Does anyone really think these reusables aren’t harboring today’s COVID-19? Or the bug du jour of tomorrow’s outbreak?

Reusable bags have become strongly illustrative of unintended consequence.