Category Archives: The Economy

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Come and get it

Schumer rules out tax cuts

And, because the GOPe is so wimpy, the minority Dems essentially run the Senate. Still…

“With the legislative calendar slipping away, Republicans should appreciate the favor they’ve just been done. As they draft a plan to boost economic growth and provide taxpayer relief, GOP lawmakers now know that the three Democrats who didn’t sign today’s letter—-coincidentally all up for re-election in states Donald Trump won in 2016—-are the only ones interested in negotiating.”

Now we’ll see if the GOPe is interested in negotiating.

Via WSJ

22,000 pages of federal regulations

The 22,000 pages of regulations in the Obama-era Dodd-Frank banking bill have throttled the economy, holding back growth. It has “cost $36 billion to comply with in the first six years, has choked competition in the banking industry, made banking more expensive, harmed economic growth and, to top it off, failed to make the banking system safer or end ‘too-big-to-fail.'”

But there’s hope in River City. In the form of the House Financial Choice Act, which would repeal Dodd-Frank’s pages and pages of regulations altogether.

“Unfortunately, Democrats in the Senate are determined to stop this bill in its tracks. What’s likely to emerge there will be a Dodd-Frank reform bill that is tepid enough to attract sufficient Democrats to overcome a filibuster. This is hardly enough, but at least the regulatory ball is moving in the right direction.”

Time to kill the filibuster?

Twenty-two thousand pages of regulations. Many scores of new bureaucrats to enforce them. This is why we elected Donald Trump to drain the swamp.

Via Investors Business Daily

$150 a day, with rattlesnakes

Andyj of MyOldRV gives the up (the money) and the down (the snakes, for starters) about oil field gate guarding in South Texas, which seems to be coming back into vogue with the Trump economy.

“‘Never step where you can’t see bare ground!’ What you gotta do is stay out of the brush and tall grass because them buzztails are hidin’ rascals!  Keep ALL the area around the RV and Service Trailer down to bare ground.  Your service guy most likely has a weedeater and I keep things clean with weedkiller spray.  One other thing is to put a light under the RV that shines on the underneath and  out on your front steps and porch.  Thataway when you step out at night you can see.  In seven years I have not been on a single ranch that did not want me to kill every rattlesnake I saw but you still need to ask the ranch manager.  I tell folks to get a long handle hoe and keep it on hand by the door outside so you can chop ’em up at some distance.  Me myself, I use a heavy walking stick.  I pin their head with the stick and then reach down with my knife and whack it off.  You do have a knife in your pocket, right?”

Via MyOldRV

Lifting the Arctic drilling ban

“‘Trump to OK new offshore plan, reverse Arctic, Atlantic bans: sources,’ said a headline from S&P Global Platts, an industry trade publication….

“Oil for the people. Money from leases for the Treasury. And getting out of the Middle East for our military.”

That last may be iffy now, with the Syria strike, but it is to be devoutly wished.

Via Don Surber

Ban auto-play video, please

Web creator Tim Berners-Lee on taking back control of the Web:

“We must work together with web companies to strike a balance that puts a fair level of data control back in the hands of people, including the development of new technology such as personal ‘data pods’ if needed and exploring alternative revenue models such as subscriptions and micropayments.”

That’s just for a start. But nowhere on his list do I see banning auto-play video, which I would think would be a necessary first step to getting back our control of data.

Via Instapundit

The jobs president

While the “deep state” continues to undermine Trump at every opportunity, the business community is enthusiastic about his presidency. After all, he’s the jobs president — versus Barry’s legacy as the food stamps and welfare president.