(Video) Does the minimum wage prevent poverty?

May 22, 2017

Hint: No. In fact, I would argue that raising the minimum wage makes  becoming trapped in poverty more likely, because it become less and less affordable to hire the unskilled and marginally skilled and then train them, as opposed to hiring someone who already has the skills.

But that’s economics, something the Left thinks it can bend its will. Think again.

Anyway, here’s a short video from Prager University on the topic:


(Video) Facts don’t care about your feelings

May 14, 2017

We seem lately to be going through a phase of madness in which what one feels or believes is more important than the truth. If you feel you been offended, then you have been offended regardless of the intent of the other person. And that in turn makes you a victim, which gives you special moral authority against which there can be no rational argument, no reasonable other point of view, just “hate.”

Here’s Ben Shapiro with the facts:


Arctic Defies Fake News Stories

May 8, 2017

There goes another Warmist, eco-zealot narrative. It seems the ice isn’t vanishing, after all.

NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

We have had countless fake news stories over the winter about heatwaves in the Arctic and record ice melt.

Meanwhile, back in the real world, Arctic sea ice is just where it has been for the last few years.

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242 years later, the shot heard round the world still echoes

April 19, 2017

(This is a re-posting of something I wrote in 2009, in honor of the Battle of Lexington and Concord. If, however, you want to read an account of the bloodiest battle of that day and its all too human cost, read about the fight at Metonomy.)

I’m a bit red-faced Blushing that it took a British blog to remind me that today is the anniversary of the Battles of Lexington and Concord in 1775, generally regarded as the opening skirmish of the American Revolution. Tory Historian points out that both sides claimed victory, but perhaps I can be forgiven a bit of national pride for arguing that we won on points: the advance column withdrew under fire and was considering surrender when it was rescued by Percy’s brigade. General Gage then found himself besieged in Boston. Flag

Regardless of any “Monday-morning generalship,” it is fitting that the anniversary comes just a few days after the Tax Day Tea Parties, a genuine grassroots movement that organized itself to protest Washington’s mad plans to borrow and spend like drunken sailors on pay day — and, inevitably, to make us pay for it all with ruinous taxation.

In 2009, just as in 1775, popular sentiment erupted to send distant masters a message. Thankfully, this time, shots weren’t needed, but the point was made just the same: Don’t tread on me.

treadflag

To update it for the current day, “President Trump” is what you get when the ruling caste spends years not really listening to people: they were trod upon, and the people bit back.

 


No money for Jerry Brown’s high-speed choo-choo?

March 19, 2017

Via Legal Insurrection:

A few, short weeks ago, I reported that President Trump’s Secretary of Transportation halted the transfer of millions of dollars in funding for the California bullet train, our governor’s legacy project.

However, those monies were not the sole source of funding. The main source of ongoing support for the train is the income from the cap-and-trade auctions that California sponsors.

It appears as if the all the air (carbon dioxide included) has gone out of the cap-and-trade market.

Let’s pause for a moment to contemplate that last sentence. What meaning can we draw from it? 

A boondoggle was being funded by a fraud.

I’ll let you read the rest of Leslie Eastman’s post if you wish, but here’s the summary: the governor and our leftist legislature tried to find alternate sources of funding for the high-speed rail project by granting it a share of revenues expected from our cap-and-trade auctions, established under Governor Schwarzenegger in a stupid quest to fight a problem that does not exist, catastrophic man-caused global warming.

But I digress.

The original funding has been tied up in lawsuits, and the Trump administration has already made it clear it’s not going to waste public money on this project. Thus the measure to divert cap-and-trade revenues. Only, for various reasons, no one is interested in buying the modern equivalent of Confederate war bonds. The auctions raise almost no revenue, threatening the viability of the high-speed railroad.

I call this a good thing.

I’ve inveighed against this stupid project before, so I’ll spare you another rant. California has many, many needs: our finances are a mess, our roads and highways are lousy, our schools are mediocre, and our dams are crumbling.

But Jerry Brown wants his legacy: a high-speed choo-choo that won’t meet the projected speeds and ridership, and is running way past projected costs.

As Victor Davis Hanson wrote:

Governors who cannot build a reservoir have little business fantasizing about 200-mph super trains.

Let’s hope the failure of the cap-and-trade auctions is the pinprick that finally bursts the Governor’s fantasy bubble.

h/t SteveinTN

PS: Speaking of aging infrastructure, we have another crumbling reservoir.


Welfare, Taxes, the Nanny State, and Supply-Side Economics

March 10, 2017

Remember, welfare traps people in poverty. It’s not a hand helping you up: it’s a hand grabbing your ankle and holding you back.

International Liberty

What’s the right way to define good tax policy? There are several possible answers to that question, including the all-important observation that the goal should be to only collect the amount of revenue needed to finance the legitimate functions of government, and not one penny above that amount.

But what if we want a more targeted definition? A simple principle to shape our understanding of tax policy?

I’m partial to what I wrote last year.

the essential insight of supply-side economics…when you tax something, you get less of it.

I’m not claiming this is my idea, by the way. It’s been around for a long time.

Indeed, it’s rumored that Reagan shared a version of this wisdom.

I don’t know if the Gipper actually said those exact words, but his grasp of tax policy was very impressive. And the changes he made led to very good results

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Putin, Trump, and False Moral Equivalence

February 6, 2017

Regardless of what the President says, there is no moral equivalence between the US and Putin’s Russia.

International Liberty

Back in the 1980s, I would get very agitated when folks made excuses for brutal communist regimes by asserting that the United States also did bad things. This “moral equivalence” argument is now being recycled by Donald Trump, who basically excuses Putin’s brutality because America supposedly isn’t in any position to throw stones.

Here’s the interview, set to start at the point where Trump discusses Putin.

This is wrong. Absurdly wrong.

Though let’s start by acknowledging that the United States is far from perfect. Our history includes black eyes such as slavery, mistreatment of native populations, incomplete legal rights for women, internment of Japanese-Americans, Jim Crow laws, persecution of gays, and other sins.

Even today, we have plenty of bad policies that restrict human liberty, often exacerbated by examples of thuggish actions by government.

But, at the risk of sounding jingoistic and patriotic, the United States began with a…

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