American Elephants


Nancy Pelosi Wants to Raise Your Taxes, Among Other Things. by The Elephant's Child

I have long believed that Democrats simply don’t understand economics at all, but day by day it is becoming clear that is not only true, but drastically underestimates the situation.

Only today, a confident House Minority Leader Nancy Pelosi (D-CA) predicted that in the upcoming ‘mid-terms’ in November, Democrats will take back the House and immediately push for amnesty for the so-called ‘Dreamers’ and more gun control legislation. She said that Democrats would “revisit” Donald Trump’s tax cuts and push for an infrastructure bill to “build the infrastructure of America—housing, schools, bridges, water.” You will note that “infrastructure” is always the magic word. She also spoke about building the country’s “human infrastructure,” including education and health care for young people and pension security for their families. She said Democrats will run on “fairness and justice.” Sure they will.

Bernie Sanders goes even farther. He advocates government jobs for everyone, free college, free healthcare, family leave, more generous social security, and probably lots more free stuff, but I couldn’t write that fast.

How does that work? Of course, it doesn’t. Democrats believe that they are the smartest people in the country. Hillary explained quite seriously that they were the enlightened, brilliant, caring and the people who voted for Trump were retarded, ignorant, racist backwoods “deplorables.” (She also said innocently that she had used that line at all her campaign meetings in the Hamptons and everybody thought it was a funny line.)

Back to economics. Guess which economic forecaster accurately predicted growth in 2017? Back at the end of February, the White House released the annual Economic Report of the President. Democrats like Jason Furman who served as the top economic adviser in the Obama White House, say President Trump’s forecasts were way too optimistic.  Mr. Trump says his tax cuts and deregulation will restore robust growth, and Mr. Furman called the Trump estimates “absurd.” James Freeman at the Wall Street Journal referred reporters to the report in which the Trump team predicted 2.3% real economic growth for the calendar year 2017. Which was right on the button.

How do you make an economy grow? Obviously something has to change. In the past the great moves forward have come in response to major innovation:  the Erie Canal opened the Midwest, the telegraph connected the coasts, the continental railroad, and now the internet and information technology. Trump has cut taxes for everyone, but the budget is still way too big and the national debt isn’t any smaller and Trump wants to build a wall clear across the southern border.

Quietly, Trump has begun to whittle away at the power and permanence of the ruling class by slashing regulations and limiting powers that Congress foolishly allowed the state to take over. The bureaucracy has a say over nearly every aspect of American private and commercial life with no accountability. Democrats are screaming bloody murder over Scott Pruitt’s actions at the EPA—sure that he is destroying the environment. He is not.

The EPA had moved to enhance government control over — the nation’s “navigable waters” which they construed as anything that flowed from your downspout into a stream that flowed into a river that eventually made it into a real navigable water. That’s an enormous amount of “control.” Bureaucracies issue “guidance documents” that provide business with directions about how to comply with the law. Sounds innocent, but Congress makes the law and leaves it up to the bureaucrats to implement them, so their suggestions pretty much have the power of law. For business, the removal of overbearing, useless regulations has been huge, because useless regulations come with a cost of compliance. Apply that freedom across the government, and no wonder business is passing out bonuses and raising salaries and having the money and freedom to expand and innovate.

Bad news for Democrats and the anti Trump mob. Jobless claims are near a 45 year low, job openings are near a record high, and growing shortages of skilled labor are forcing companies to increase pay or improve benefits to attract or retain employees according to Market Watch. The lead Democrats had at the end of last year is gone. Issues like gun control and immigration are not working. Most voters are crediting Trump, not Obama, with the strong economy.

The Mueller probe is falling apart as a federal judge has raised concern over the scope of Robert Mueller’s investigation. U.S. District Judge Amy Berman Jackson questioned whether Rosenstein’s “directive appointing Mueller granted him more authority than Justice Department regulations appear to permit” because Justice Department rules require that a special counsel be notified of a “specific factual matter” to pursue. Mueller’s team were even searching Manafort’s home and storage locker before Rosenstein broadened the special counsel’s purview in an August 2017 memo. The Nunes Committee is finally getting the information they have been seeking after threats of impeachment and disgrace, and it’s not pretty. Stormy Daniels was supposed to be the final nail in the Trump coffin, but it appears that the Trump voters don’t really care about an aging porn star.

Republicans are not inclined to fall in love with presidents. They approve or disapprove of what the administration is doing. They recognize American presidents as simply ordinary men with all the flaws and faults that means—called upon for a special job, and hope that they will measure up and do at least part of what needs doing. And we call upon the Constitution to keep them in line and instruct them in how to do the job. We seem to know a little more history than the Left does, and recognize that the desire for ever more control leads inevitably to tyranny. Freedom is messy. People say things that you don’t like, they argue, they may call you names, they try to regulate, to tell you what to do, to force you to do it their way — but to be free, to pass freedom on to your children, you have to tolerate a little mess.


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