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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BOMBSHELL – NOAA whistleblower says Karl et al. “pausebuster” paper was hyped, broke procedures

February 6, 2017

Welcome to Climategate 2.0? Here we have NOAA using flawed software, data not archived, replication impossible, and the principles lying about it. This is Bob Carter’s “Noble Cause Corruption” at it’s most blatant.

Watts Up With That?

They played fast and loose with the figures -NOAA whistleblower

The Mail on Sunday today reveals astonishing evidence that the organisation that is the world’s leading source of climate data rushed to publish a landmark paper that exaggerated global warming and was timed to influence the historic Paris Agreement on climate change.

A high-level whistleblower has told this newspaper that America’s National Oceanic and Atmospheric Administration (NOAA) breached its own rules on scientific integrity when it published the sensational but flawed report, aimed at making the maximum possible impact on world leaders including Barack Obama and David Cameron at the UN climate conference in Paris in 2015.

The report claimed that the ‘pause’ or ‘slowdown’ in global warming in the period since 1998 – revealed by UN scientists in 2013 – never existed, and that world temperatures had been rising faster than scientists expected. Launched by NOAA with a public…

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What we’ve lost

November 15, 2016

A thoughtful essay from an acquaintance on Twitter. Well-worth reading.

The Hoondat Report

On the morning of November 9, when the votes were counted and we all knew that Donald Trump would become our next president, I put the following statement on social media:

Well, folks, it’s been a nice republic.

It got a positive response from friends on the left and the right. They all sensed that something very important had been lost, though it was hard to pinpoint what. But those who find profit in that loss are leaving no end of clues, and it’s our job to read those clues.

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Climate Advocates Look to Totalitarian China for Leadership

November 14, 2016

Not surprising, since the core of environmentalism itself (as opposed to a wise conservationism) is totalitarian.

Watts Up With That?

Smog hangs over a construction site in Weifang city, Shandong province, Oct 16. 2015. Air quality went down in many parts of China since Oct 15 and most cities are shrounded by haze. [Photo/IC] Smog hangs over a construction site in Weifang city, Shandong province, Oct 16. 2015. Air quality went down in many parts of China since Oct 15 and most cities are shrounded by haze. [Photo/IC] Guest essay by Eric Worrall

Trump’s America cancelling billions of dollars of UN climate payments apparently opens the way for totalitarian China to assume the moral high ground in global environmental diplomacy.

Trump Win Clears Way For China to Lead on Climate

The election of climate change skeptic Donald Trump as president is likely to end the U.S. leadership role in the international fight against global warming and may lead to the emergence of a new and unlikely champion: China.

China worked closely with the administration of outgoing President Barack Obama to build momentum ahead of the 2015 Paris Agreement on climate change. The partnership of the two biggest greenhouse gas emitters helped get nearly 200…

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As Confirmed by New Global Rankings, Rule of Law Is Why Western Civilization Is Superior

October 20, 2016

And the deeper we fall into a cronyist progressivism –whether under Democrats or a “lite” Republican version– the further the rule of law will be eroded.

International Liberty

The great contribution of western civilization is the notion that the power of government must be constrained by laws.

This doesn’t mean that all laws (or even most laws) are good. But, as explained in this video, if the choice is between the “rule of man” (the arbitrary and capricious exercise of power) and the “rule of law,” there’s no contest.

This is why issues related to the rule of law account for 20 percent of a nation’s grade in the rankings from Economic Freedom of the World.

And it’s why some people get very upset when, for instance, the Obama Administration chooses to unilaterally change – or simply chooses to not enforce – certain laws that are inconvenient to the President’s agenda.

But while the rule of law has been eroding in the United States, the good news is that we still rank in the top 20…

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Pension Promises to State and Local Bureaucrats Are a Ticking Time Bomb

October 17, 2016

Interestingly, these pension bombs aren’t limited to just Blue states.

International Liberty

America’s main long-run retirement challenge is our pay-as-you-go Social Security system, which was created back when everyone assumed we would always have a “population pyramid,” meaning relatively few retirees and lots of workers.

But as longevity has increased and fertility has decreased, the population pyramid increasingly looks like a cylinder. This helps to explain why the inflation-adjusted shortfall for Social Security is now about $37 trillion (and if you include the long-run shortfalls for Medicare and Medicaid, the outlook is even worse).

But Social Security is not the only government-created retirement problem. State and local governments have “defined benefit” pension systems for their bureaucrats, which means that their bureaucrats, when they retire (often at an early age), are entitled to receive monthly checks for the rest of their lives based on formulas devised by each state (based on factors such as years employed in the bureaucracy, pay…

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