Build Back Better is Good

Jason Furman, ex-Chairman of ex-President Barack Obama’s (D) White House Council of Economic Advisers and currently a Harvard Professor of something styled “Practice,” is all about the Biden-Harris reconciliation collection of policies known as Build Back Better.

He even wrote this in all seriousness in his piece in Tuesday’s Wall Street Journal:

Build Back Better would have a minuscule impact on inflation over the medium and long term.

Even were that true, though, in the short term where most of us live, especially the lower middle class and poor among us who live especially short-term—paycheck to paycheck—we’re facing not just inflation, which is a rate, but actual steady-state higher prices; higher prices which will last into Furman’s medium and long terms, and beyond.

Meanwhile, wages won’t rise fast enough to reduce those higher prices to the status quo ante‘s buying power any time soon, leaving our lower middle class and poor worse off in Furman’s medium and longer term, and beyond.

That wage rise, further, will be held back by Biden-Harris’ and Progressive-Democrats’ penchant for regulation, which will hinder the rise in productivity that’s necessary to facilitate wages’ rise.

Furman knows this full well; he’s one of the Smart Ones of the Left.

We Need It

One of the arguments Progressive-Democrats are using to rationalize their claimed need to pass their spendiferous reconciliation bill is one being advanced by Congresswoman Debbie Dingell (D, MI), this time via a Friday interview with Martha MacCallum on her The Story. Huge spending subsidies for child care is necessary because folks can’t otherwise afford it, so they can’t go back to work.

What Progressive-Democrats refuse to address, though—including Dingell (and MacCallum shied away from asking Dingell about it)—is that pre-pandemic, folks could afford child care, the unemployment rate was solidly below 4%, and the labor force participation rate was two per centage points higher than today.

What’s changed? I mean, besides lockdowns, which we now know was a mistake, yet Progressive-Democrats still demand them, and Progressive-Democrats having gained power and insist on throwing money at an economy that cannot absorb it without historically high inflation.

Not Government Overreach

Biden-Harris and zir’s Merrick Garland-led Department of Justice’s FBI executed a pre-dawn raid on Project Veritas‘ founder and boss James O’Keefe’s home, searched it, and seized his phones and began searching through the phones. This is separate from the FBI’s raid on the homes of reporters working for Project Veritas.

A federal judge ordered the Department of Justice to stop extracting data from the phones of Project Veritas founder James O’Keefe days after his home was raided….

According to the order, the DOJ must confirm to the court by Friday that it has paused its review of O’Keefe’s phones.

Days after. The FBI has had those days to extract, copy, and paw through the data.

A special master has been appointed by the court to oversee this and to cull the data that the Privacy Protection Act, along with DoJ regulations, explicitly bar Government from seizing from reporters. However, on what basis do we believe the FBI has actually “paused” its review? Even were the phones physically transferred to the possession of this special master, on what basis do we believe that agents this government have stopped pawing through the data they’ve seized? On what basis do we believe those agents of this government have destroyed—or even sequestered—their copies?

Among those data are

confidential and privileged information…of our reporters, including legal, donor, and confidential source communications

And

reporters’ notes. A lot of…sources unrelated to this story and a lot of confidential donor information to our news organization.

This is not overreach. This is naked abuse of raw power and a deliberate, considered disregard for law, for the liberties and rights of American citizens.

It’s going to be a long three years.

(Aside: what was this stuff doing on a cell phone, anyway? This is taking convenience too far at the expense of security.)

Biden-Harris Diktat

The 5th Circuit has affirmed its stay of OSHA’s mandate that employers must require—be deputiz[ed] their participation in OSHA’s regulatory scheme as the court acknowledged—employee vaccines, testing, or termination, or face deliberately destructive fines for not doing so.

An array of petitioners seeks a stay barring OSHA from enforcing the Mandate during the pendency of judicial review. On November 6, 2021, we agreed to stay the Mandate pending briefing and expedited judicial review. Having conducted that expedited review, we reaffirm our initial stay.

The appellate court went on:

[T]he Mandate…exposes them [the covered businesses] to severe financial risk if they refuse or fail to comply, and threatens to decimate their workforces (and business prospects) by forcing unwilling employees to take their shots, take their tests, or hit the road.

And [citation omitted, emphasis added]:

Under the traditional stay standard, a court considers four factors: “(1) whether the stay applicant has made a strong showing that he is likely to succeed on the merits; (2) whether the applicant will be irreparably injured absent a stay; (3) whether issuance of the stay will substantially injure the other parties interested in the proceeding; and (4) where the public interest lies.”
Each of these factors favors a stay here.

Regarding that first criterion, whether the stay applicant is likely to succeed on merit:

[T]he Mandate’s strained prescriptions combine to make it the rare government pronouncement that is both overinclusive (applying to employers and employees in virtually all industries and workplaces in America, with little attempt to account for the obvious differences between the risks facing, say, a security guard on a lonely night shift, and a meatpacker working shoulder to shoulder in a cramped warehouse) and underinclusive (purporting to save employees with 99 or more coworkers from a “grave danger” in the workplace, while making no attempt to shield employees with 98 or fewer coworkers from the very same threat).

And [emphasis in the original]:

The Mandate’s stated impetus—a purported “emergency” that the entire globe has now endured for nearly two years, and which OSHA itself spent nearly two months responding to—is unavailing as well.

And:

OSHA’s attempt to shoehorn an airborne virus that is both widely present in society (and thus not particular to any workplace) and non-life-threatening to a vast majority of employees into a neighboring phrase connoting toxicity and poisonousness is yet another transparent stretch.

Any argument OSHA may make that COVID-19 is a “new hazard[]” would directly contradict OSHA’s prior representation to the D.C. Circuit that “[t]here can be no dispute that COVID-19 is a recognized hazard.”

And [citation omitted, emphasis added]:

It is thus critical to note that the Mandate makes no serious attempt to explain why OSHA and the President himself were against vaccine mandates before they were for one here.

Because it is generally “arbitrary or capricious” to “depart from a prior policy sub silentio,” agencies must typically provide a “detailed explanation” for contradicting a prior policy, particularly when the “prior policy has engendered serious reliance interests.” OSHA’s reversal here strains credulity, as does its pretextual basis. Such shortcomings are all hallmarks of unlawful agency actions.

The ruling goes on in similar veins regarding the other three factors of consideration for issuing a stay.

Here is an example of the Progressive-Democrat administration’s penchant for ruling by diktat and its utter disregard for pesky laws, our Constitution, and We the People—our government’s employers—when any of them, or us, become inconvenient to any Progressive-Democrat wish.

Especially in this regard, as the court noted in its assessment of the degree of harm to us individual citizens were a stay of this OSHA rule not granted, is this [citation retained]:

For the individual petitioners, the loss of constitutional freedoms “for even minimal periods of time…unquestionably constitutes irreparable injury.” Elrod v Burns, 427 U.S. 347, 373 (1976) (“The loss of First Amendment freedoms, for even minimal periods of time, unquestionably constitutes irreparable injury.”).

The court’s ruling can be read here.

Weakness

Russia is continuing to withhold a free flow of natural gas to the EU, holding the flow down in order to elevate prices inflicted on the EU’s citizenry and to restrain Europe’s industrial capacity.

Gas prices have soared in Europe in recent months due to low inventories and a recovery in demand as the economy rebounds from the pandemic. The price surge has taken a toll on energy-intensive industrial activity while consumers face a steep rise in energy bills as the winter heating season begins.

Those prices are five times the level of just a year ago—before Biden surrendered to Putin on the Russia-sponsored hacker shutdown of Colonial Pipeline by unblocking the finishing of Russia’s Nordstream 2, which unblock also was in furtherance of Merkel’s demand for Russian natural gas via that cross-Baltic Sea pipeline.

Officials and analysts say that Moscow is using Europe’s energy crunch to gain geopolitical leverage.

Well, of course Putin is. He’s not an idiot.

And

In another sign that Russia isn’t about to significantly boost supplies to Europe, Ukraine’s gas transmission system said Sunday that it hasn’t received any additional requests from Gazprom and the gas transit remained below capacity.

This is the outcome of outgoing German Chancellor Angela Merkel’s and newly arrived American President Joe Biden’s (D) enthusiastically pursued energy policies coupled with Biden’s overt timidity in front of Putin. First, demonstrate Europe’s weakness. Only after that, exploit that weakness.

It stretches credulity beyond breaking to believe two such heavily intelligent people didn’t anticipate this.