Filed under: Bureaucracy, Capitalism, Democrat Corruption, Economy, History, Humor, Media Bias, Politics, Progressivism, Taxes | Tags: "the Resistance", Former President Obama, President Donald Trump
Former President Barack Obama has returned from his South Seas vacation, ready to resume trying to tear down the administration of his successor. Valerie Jarrett has reportedly been directing the resistance in his absence. Obama, meanwhile, has snagged a $400,000 fee for an hour long speech for a Wall Street firm, and a very large advance for books from Michelle and himself, so funds are not a worry.
It’s a sharp contrast with his own predecessor. George W. Bush gracefully left the limelight to avoid causing problems for his successor, and has refrained from comments on the Obama administration, appearing in public only with his programs of bike trips with recovering vets, and to talk about his new hobby of painting, apparently inspired by Winston Churchill’s book Painting as a Pastime. President Bush has painted the world leaders with whom he engaged, and more recently, the heroes of the wars who fought under his responsibility in Portraits of Courage: A Commander in Chief’s Tribute to America’s Warriors.
President Bush recognized that history would judge what he had accomplished and where he had failed, and left it in the hands of the historians. Who will argue endlessly.
An ex-president hanging around and trying to run the opposition is something new and not very attractive. Americans are inclined to do some summing-up at the end of an administration, and it’s not often the admiration and attention that one hopes for. By the time a president leaves office, the public is usually thoroughly tired of them and hopeful that the new president can do a better job. Granted, that this year the Democrats, out of office and out of appealing candidates, out of ideas were insanely furious that their expected continuum with Hillary didn’t happen, because they don’t like Trump and cannot understand why Hillary didn’t win.
President Donald Trump has done quite well. His first 100 days have been celebrated by his supporters who are far more pleased than the media wants to acknowledge. His cabinet appointments have been outstanding, are in a position to offer excellent advice, and have hit the ground running. Neil Gorsuch’s appointment to the Supreme Court is a triumph. Nikki Haley has quickly taken charge at the U.N. and is proving to be a star. Syria has been put on notice, and the president is determined to reduce the corporate tax to 15% which will give the economy a boost. The ignorant leftist media is already gasping that the government won’t have any money.
Never fear. Corporations don’t really pay taxes. We do. When a corporation’s taxes are raised, they raise prices for their goods and we pay for it. When they don’t have to raise prices or do more of their business overseas to pay the taxes, their funds go for expanding and innovating and the economy improves. We currently have the highest corporate tax rate in the world, and it has been a drag on the economy. Between 1974 and 2001 average growth in the economy was 3.3%. A return to 3% from the dismal performance of the stagnant Obama economy would mean the economy could expand to $38.3 trillion by 2040.
The weeks of Obama’s vacation have been filled with the scandals of the Obama administration exposed, and they are not pretty. I understand that they want Sasha to finish high school at Sidwell Friends, but trying to occupy the media’s attention may not be wise.
Filed under: Blogging, Domestic Policy, Environment, Health Care, Politics, Taxes | Tags: Apologies to T.S.Eliot, April Fool's Day, The After-Effects of Tax Day
I made a stupid mistake on my taxes and had to do them almost all over. One of my cats is sick, which calls for much mopping and cleaning, and a trip to the vet. Two separate cloudbursts yesterday with thunder and lightening. A trip to the emergency room. Several calls from friendly computer services in the far off Middle East who were eager to help with my computer problems. Other than that, April Fool’s Day seems somewhat ongoing. What is it about April anyway? Sorry about the light blogging. I will aim for more informative brilliance.
APRIL is the cruelest month, breeding
Lilacs out of the dead land, mixing
Memory and desire, stirring
Dull roots with spring rain.
Winter kept us warm, covering
A little life with dried tubers.
Filed under: Bureaucracy, Capitalism, Democrat Corruption, Domestic Policy, Economics, Free Markets, Freedom, Health Care, Law, Politics, Progressivism, Regulation, Taxes | Tags: Administrative State, Free Market Capitalism, The American Health Care Act
The Republican bill to take a tiny poke at fixing ObamaCare went nowhere. They didn’t have the votes—largely because the bill didn’t do much of anything. Everything you need to know about ObamaCare can be summed up in one quotation from Thomas Sowell.
to administer it.
Aside from affordability, federal government bureaucrats have no idea how to manage or control or supply health care. Every attempt by government to do health care has ended in disaster. The federal government cannot do VA health care, and veterans die while waiting to be seen. Indian health care is a disaster. Even the FDA is a disaster. Over regulated and over controlled.
Medicare was built on the idea that a growing population meant that if each generation paid in for the smaller generation that came before, then Medicare would go along smoothly with the old folks always cared for. This is usually called a Ponzi scheme. Nobody planned on the baby boomers. They are a huge generation beginning to retire, and Medicare is going broke, because the next generations are not larger. Oooops!
The Democrats devised all sorts of things that they thought would make their health care plan work better, and all sorts of regulations that they thought would save money, and all sorts of requirements that they thought would make people like the program better, and they lied about their basic purpose. Their basic purpose was to initiate a Single Payer Plan. But not because it would provide better care.
The British have a single payer plan in the National Health Service. The people get taxed and they get free health care. And the reason that it was the Democrats’ basic purpose was because the British people were so afraid of losing their health care that they always voted for keeping it, and for the Labour Party who promised that they could keep it. Unfortunately it doesn’t work, and the government keeps making new regulations to cut costs, and old folks die from neglect, and dehydration, and dirty sheets and infection, and long lines of ambulances line up at hospitals waiting for a vacant bed for the next patient. That’s Single Payer.
Here at home, the ideas that were behind all the regulation and requirements that they thought would save money didn’t, because Democrats do not understand the free market—that’s why they are Democrats. And because they do not understand the free market and competition, their bureaucrats had no idea how to devise plans that worked, and they didn’t even know how to get people to sign up, nor how to get enough insurance companies competing to bring costs down. Being Democrats, they assumed that insurance companies were evil (Capitalists) without any understanding that insurance companies have a lot of expertise in devising insurance, and with all insurance companies competing, there’s a lot of demand to be efficient, to create policies that work for consumers, to figure out how to keep prices down so the other insurance companies can’t take their business away. That’s how the free market works.
The Republicans said they had been working on a replacement for 8 months, but we have been stuck with a failing and unworkable ObamaCare for 7 years.
We are going to have to pay for most of the little stuff ourselves, with help for those who cannot care for themselves, and remember just what insurance really is. Insurance is meant to protect you from the big disasters, not the little things.Your car insurance protects you when someone runs into you and wrecks your car. Your homeowner insurance protects you when you have a kitchen fire or a broken pipe that floods the house. Health insurance should protect you when you break your leg, or find a cancer, or need immediate surgery, not buy your tampons or pay for your immunizations.
And if you devise a new health care plan for the people, you’d better damn well make sure that every member of Congress and the bureaucracy has to deal with exactly the same system.
Filed under: Bureaucracy, Capitalism, Crime, Democrat Corruption, Domestic Policy, Economy, Education, Law, Politics, Progressivism, Taxes | Tags: Ranks Deadl Last, The Golden State, Worst State for Business
The newly-created McGee Report from Fayetteville State University is an annual report on the Best and Worst States for Business. “The fifty states are ranked based on the extent to which they facilitate business creation and expansion. This study incorporated the data collected from five other studies, which included the examination of hundreds of variables. Utah was found to be the most business friendly state; California was least business friendly. States that voted Republican in the 2016 presidential election tended to be more business friendly than states that voted Democratic.” Social justice at work.
Reading the comments is almost as much fun as the list. The commenters seem to be mostly Californian. In San Francisco, you can rent a bunk bed, sharing a room with several others for $1,200 a month. The place packs in 25 people and rent runs from $1,250 to $1,900.
Three Democrat representatives have introduced a bill that would punish any contractors who dare to work on the border wall by withdrawing any investments in their companies by state-controlled pension funds.
California’s boondoggle bullet train was initially budgeted at $32 billion and the price tag is now up to $68 billion (which the taxpayers are on the hook for), and the initial stretch of track, the easiest to build part of the entire 700 mile route is now $10 billion, and not a single mile has been laid. Just seven years behind schedule. The governor is begging for help, but the Trump Department of Transportation has put the brakes on. Jerry Brown’s California suffers the nation’s highest housing prices, largest percentage of people in or near poverty of any state and an exodus of middle-income, middle-aged people. Job growth is increasingly concentrated in low-wage sectors.
The state is the front line for Sanctuary Cities, is zealously fighting natural climate change, their schools are lousy, and they are the worst state in the country for their business climate. Good on social justice though.
Do take a look at the charts. Besides the McGee rankings, it includes the ranking from Forbes, Tax Foundation, Institute for Legal Reform and the Cato Institute. If you scroll down through the comments you will come to one gentleman who did read the whole thing, including how the rankings were calculated — who actually lives in California, and wishes he didn’t. I’ve lived in both the Bay Area and in Southern California, and couldn’t wait to leave.