Tag Archives: politics

Unfair to Whom?

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The subheadline to Mick Mulvaney’s op-ed in The Wall Street Journal drives the salient question:

The “global minimum tax” battle may set an example for those who consider low US state levies “unfair.”

This comes against the backdrop of President Joe Biden’s (D) and his Congressional Progressive-Democrat cronies’ drive to give our domestic economic sovereignty over to an international “agreement” concerning the proper levels of business taxes. That international gang, centered on the OECD, insists that more is better, more is fairer.

Fair to whom, though? Nor Biden, nor his cronies, nor his OECD BFFs are willing to say, beyond insisting that Government needs more and that tax competition is somehow unfair.

Into that void, I have to ask: what’s unfair about leaving more money in the hands of those who earned it? What’s unfair about leaving more money in the hands the private enterprises whose production produced the business incomes that are being taxed?

In the absence of those Betters’ answers, I’ll supply my own.

It’s eminently fair to leave those monies in the hands and coffers of those who generated the income.

What’s fair is the Progressive-Democrat Yellen-disparaged race to the taxing bottom. That’s the most money left in the hands of the economic generators.

Rich Man’s Toys

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A couple of stinking rich guys hopped into space and came back down, opening up space tourism—which itself remains the province of the rich. Another stinking rich guy already is bringing down the cost of business venturing into space.

The Precious and the bodice-ripping virtue signalers are all aghast—loudly so—over this immoral (these holier-than-thou bleat) use of a wealthy man’s money. They should have spent their money on Better Things here on Earth in order to make Lives Better.

Never mind that all of the long-lasting life improvers have begun as rich men’s toys.

Here are some other things that began as rich men’s toys but whose market creation playing pushed production up and prices down to the point they became mainstream commodities:

  • printing presses
  • light bulbs
  • central heating for homes
  • oil- and coal-fired home heating furnaces
  • gas-fired home heating furnaces
  • electrically heated homes
  • window air conditioners
  • which expanded to central air conditioning in our homes and commercial buildings
  • ice boxes
  • which became ever-fancied-up refrigerators with freezers and separate freezers
  • telephones
  • radios
  • televisions
  • automobiles
  • automobiles with power steering
  • automobiles with power brakes
  • automobiles with air conditioning
  • air travel

That’s just a short list, but they’re yet more reasons I, too, want to get stinking rich. Which requires a burgeoning, free market, capitalist economy to achieve honestly.

I’ll happily not burden myself along the way with the Know Better Naysayers.

Biden Says

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President Joe Biden (D) sees no problem with his spending proposals. Could he actually be right? Here’s a thought on that.

Biden said runaway government spending isn’t inflationary (although he doesn’t recognize the runaway nature of his spending).

Biden missed the opportunity to claim that runaway government (re)regulation also is a net good (although he wouldn’t characterize his reregulation as runaway).

But the two work in concert to control inflation.

Government spending crowds out the private economy’s spending. Government regulation makes the means of production a government concern.

One buyer—Government—and one supplier—Government—means only one price—Government’s. One price means no inflation.

It’s simple, really.

One Outcome

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…of President Joe Biden’s (D) timidity.

Russia is testing hypersonic cruise missiles in the White Sea, and announcing that they’re nuclear capable. The Russian Embassy in the US now says

We would like to remind @PentagonPressSec that potential deployment of any [American flag] hypersonic [missile] in Europe would be extremely destabilizing. Their short flight time would leave [Russian flag] little to no decision time and raise the likelihood of inadvertent conflict.

“We’re arming in Europe with nuclear capable hypersonic cruise missiles. You stay out. Be too bad if something was to happen.”

Alongside that, the People’s Republic of China is threatening Japan with nuclear destruction if that nation dares object to the PRC’s conquering and occupation of the Republic of China, as the PRC is more and more openly plotting to do.

This comes as Biden repeatedly barks loudly from the safety of his White House porch while doing nothing to back his yapping.

Timidity breeds far more and more dangerous contempt than does familiarity.

Migrant Voters

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And no, I don’t mean illegal aliens as potential voters.

Last spring, before Texas’ cowards, no, flee-baggers, no, Progressive-Democrats ran away from Texas explicitly to block voting on new voting laws (!), the State’s legislature succeeded in passing a voting law that, among other things, prevented folks from renting a post office box, claiming residency from that in that PO’s district, and voting away. Instead, the law requires folks to have an actual street address at an actual residence—house, apartment, what-have-you—and actually live there.

Leftists object to that and have filed suit.

They don’t care (or maybe they do care; it’s the sort of thing Progressive-Democrats last fall openly contemplated during the runoff election campaigns for Georgia’s Senator seats) that establishing residency by getting a post office box—which shrinks the concept of mobile tiny houses to new levels of mobility and tininess—is simply an open invitation to setting up waves of migrant voters to be sent to key jurisdictions in order to swing elections.