Category Archives: The Economy

Another Wormtongue decree

All presidents since FDR have thought they were kings, but only Wormtongue has taken it to heart, issuing decree after decree, each one costing the economy in some way.

Thursday’s example was Obama’s plan to decree overtime pay for some 10 million who had willingly been working without it, because they are salaried employees.

“It’s not a good thing. First of all, anytime the government mandates pay increases, it costs real people their jobs. While some people might get more pay, others’ pay goes to part-time, or to zero. When Obama proposed his minimum wage hike last month, even the Congressional Budget Office (CBO) agreed that it would cost 500,000 jobs.”

I’m surprised Wormtongue and Dictator Putin aren’t chummier. They have a lot in common, after all. But the worm probably identifies even more with FDR, who prolonged the Great Depression by keeping taxes high and business uncertain about what regulations he would impose on them next.

Via Gay Patriot.

More job-killing endangered species

Big Democrat government really, really doesn’t want a viable American economy. Not when the jobs are of the “wrong” kind and threaten to diminish the welfare and food stamp rolls that keep busy bureaucrats shuffling paper.

“The Obama Administration may have finally found a way to stop the boom in U.S. energy production. Delaying approval of the Keystone XL pipeline, maintaining export limits and discouraging refinery construction haven’t stopped a revolution that will soon make the United States the world’s largest producer of crude oil.

[So] “Washington may add a record 757 new species to the endangered list by 2018. Included on the roster of potentially protected critters are two range birds—the greater sage grouse and the lesser prairie chicken—that could severely restrict energy production across a broad swath of the American West.”

“The prairie chicken sits atop Texas’s Permian Basin oil bonanza, and the sage grouse is near the Bakken Shale in North Dakota. An Interior Department report describes the impact on the sage grouse of oil and gas operations as ‘universally negative and typically severe,’ even though modern horizontal drilling leaves a much smaller footprint than in the past.”

This new assault on fossil fuels could be more than just the usual unholy feds-Greens alliance of like-minded Democrats. You could also suspect that somebody in Washington has their hand out to the Saudis.

UPDATE: Some jobs, however, really are way beyond reproach. And some things that don’t even involve endangered species—even on your own eight-acre property—aren’t.

Ours most divided era ever?

American history says no, not by a long shot. Even Wormtongue’s constant, tasteless bashing of the “rich” in favor of the “poor” is nothing new. Although I expect when he says rich he really means the upper-middle class which he’d like to tax into oblivion and not the Democrat’s billionaire pal George Soros.

“The clash of rich and poor has been a constant theme of American history since the Revolution, and was integral to the framing of the Constitution. For the Founders, the ‘haves and have-nots’ were the two most important ‘factions’ that in the Constitutional order would check and balance one another so that neither could threaten the freedom of the other…

“Rather than fret over partisan rhetoric, we should focus on restoring the Constitutional vision of limited government so we can slow the growth of the federal Leviathan whose ruinous costs and encroaching power are the real danger.”

From the comments: “What is unique is the near-monopoly which one party has on the traditional news media of the day. That is what is unprecedented in US history—and infinitely more dangerous than any arguments about ideas and principles.”

Two viewpoints you really can’t emphasize too often these days.

Via Instapundit.

Our minimum wage president

The food stamp president has become our minimum wage president.

Wormtongue sure is big on stopgaps, while still blocking real job makers like the XL Pipeline. And killing more jobs with new health-care regulations.

Course the Associated Press stenographers see complaints about such economic monkey-wrenches as mere “partisan” wrangling. Couldn’t focus on the economy. No, siree. Not when their dear leader doesn’t.

Otherwise all we hear about is gay marriage, blah, blah, blah. And abortion, blah, blah, blah. While unemployment among young black men alone tops 50 percent. Where is Trayvon’s fantasy daddy for them, eh?

Texas & Canada: similar GDP

statesrenamed

Oregon? Israel. Illinois? Mexico. New York? Brazil. New Jersey? Russia.

“Gross Domestic Product = consumption + investment + government spending + (exports – imports). Although the economies of countries like China and India are growing at an incredible rate, the US remains the nation with the highest GDP in the world…”

How about that for some American exceptionalism?

(Click map to biggerize for easier reading.)

Via Strange Maps

Battleship Texas Centennial

On March 12, the Battleship Texas will be a hundred years from her commissioning date in 1914. The state parks department is planning a musical tribute to her three days later from noon to 10 p.m. at her mooring off the Houston Ship Channel near the San Jacinto Battleground.

One month later, the Texas will begin at least $17.5 million in repairs, mainly to her corroded hull, which has sprung so many leaks that the last of the old Dreadnoughts can’t be moved to dry dock as she was back in 1988, the last time extensive hull repairs were made.

That was the last time I ventured through her cramped corridors, onto her bridge and down ladders to her old radar room amidships, the whole smelling of age and the brackish water that surrounds her. The foundation that runs the ancient weapon as a tourist attraction hopes to raise a lot more money for more extensive repairs, but the awful Democrat economy isn’t the best time for it.

Must the GOP run against abortion?

To a certain extent, yes, there’s no question about it. Charles Krauthammer says it would be wiser to run against late-term abortions and say nothing much about the early ones. As if that would do anything except alienate the right-to-lifers in the GOP base who want to ban all abortions. And won’t quit just because they haven’t achieved their aim in forty years.

(They like to say that it took more than forty years to abolish slavery, too.)

Likewise the Dumbos can’t run against late-term abortions because it might cause some of their base—who couldn’t care less about murdering a viable infant if it inconveniences some halfwit woman who waited five months to decide she didn’t want the baby—to sit out an election.

Or as James Taranto puts it: “…a political party is not a unitary organism; it is an unruly coalition of individuals and interest groups. Neither party can win elections without the support of its abortion extremists, which means neither party can will or wish them away.”

Seems to me the main problem the GOP has is not its philosophical disagreement with abortion and same-sex marriage—both of which it must run against to keep its base—but that it’s mostly Democrat-Lite RINOs and its conservative base is fed up with them. To the point where it’s willing to sit out an election rather than vote for another Boehner, Ryan, McCain or Romney. Four million of them apparently did in Willard, the country-club RINO from Utah, by simply staying home.

These conservatives seem to figure that there’s nothing much worse the Dumbos can do to the country. They’ve already crippled the economy with thousands of new regulations on business, demonized the rich who alone can invest in new businesses, whacked people who already had health insurance with higher prices for it while failing to attract the uninsured, and used the IRS and the “justice” department to punish their enemies.

What’s left (so to speak)? Downsizing the military? Check. Rewarding foreign enemies and punishing friends? Check. The RINOs could have stopped some of it if they chose. They haven’t yet and there’s no reason to think they ever will. Shoot, they’re getting ready to please their crony-capitalist buddies and reward a few million low-wage illegal aliens with work permits when millions of American citizens can’t find jobs. Illegals who almost certainly will never vote Republican.

To my mind, neither party is worth a damn and both are hopelessly corrupt. I am just about at the point where I won’t vote for another one of either brand, unless s/he comes with a Tea Party label like Paul or Cruz. Why bother?