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Economics & Taxes Archives

Too soft on Russia?

It looks like that the Left will be requiring your voter registration card before they will serve you anymore. Before, it was the Red Hen restaurant, today it’s Uber.

What do you think about the idea of Universal Basic Income? I’ll give you my initial impressions, and 2 examples of cities that are going to try it out.

And Trump’s press conference with Putin in Helsinki was an embarrassment. But was it as bad as treason, as the Left has been saying? Or is this yet more over-the-top reaction? Let’s do some comparisons.

Mentioned links:

YOUNG REPUBLICANS DUMPED AT A ‘RANDOM’ GAS STATION BY ANTI-TRUMP UBER DRIVER SPEAK OUT

CHICAGO MAY BECOME LARGEST CITY IN U.S. TO TRY UNIVERSAL BASIC INCOME

Trump backs down, says he misspoke on Russia meddling

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The Great Pacific Garbage Patch

The Great Pacific Garbage Patch is a area of the ocean where garbage, mostly plastics, converges. Where is all this coming from? The answer may surprise you.

I’ve talked about, in the past, the problems that a hike in the minimum wage causes, but the Canadian province of Ontario has figured out a way to make it hurt the disabled even worse.

I’ve also talked about studies that show that those who think it is not the government’s job to take care of the poor are more often the same people who pitch in more of their own time and money to help. Now it turns out that this also holds true for environmentalism.

Mentioned links:

The Podcast Awards

Shocking study reveals 90% of global plastic waste comes from just TEN rivers in Asia and Africa

Great Pacific garbage patch [Wikipedia]

Ontario’s Minimum Wage Hike Has Been Disastrous, Especially for Disabled Workers

CLIMATE SKEPTICS ARE MORE ECO-FRIENDLY THAN CLIMATE ALARMISTS, STUDY FINDS

Instapundit  search results for “I’ll believe it’s a crisis”

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Still feels like being unemployed

This time out, I tackle a couple of “why” questions. These are things I’ve asserted in the past, but here are some of the reasons they are true.

Socialism has failed every time it’s been tried. But why is that? Is it inherent in the economic model, or is there something else involved? I mean, it sounds like a good idea to so many people, but are there any assumptions that these folks make that make it sound better than it is?

You’ve heard me talk about how unemployment numbers can be misleading, but why is that? I first tackled this issue way back in episode 21, and this time I come armed with…charts and graphs! Oh no!

Mentioned links:

Another ‘Win’ for Socialism in Venezuela

THE TRUMP ECONOMY RISES: Unemployment Drops To Under 4%, Lowest In 17 Years

United States Labor Force Participation Rate (Click on MAX under the chart to see the trend line. Also, you can click on Unemployment Rate on the right sidebar to get the trend line for that.)

And here’s the graph I created that I mention in the show:

How labor participation affects the unemployment rate (click for a full-size version)

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Is the IRS really paying for this?

The IRS is paying a penalty for targeting conservatives. Except that it’s a rather small amount. And nobody got fined, fired, or jailed for it. And you, the taxpayer will be footing the bill. And the damage was already done. But hey, they are paying!

Deerfield, Illinois is determines to learn the exact wrong lesson from Kennesaw, Georgia. Whereas Kennesaw required homeowners to own a gun, Deerfield is banning them. Kennesaw saw their crime rates drop in subsequent years. I wonder what will happen in Deerfield.

What would be next after strict gun control if it were enacted here? Knife control? Don’t laugh. That’s exactly what’s happening in London.

Mentioned links:

Federal judge approves $3.5 million settlement in IRS tea party targeting

Village Bans Semi-Automatic Weapons, Residents Must Remove From Home Or Face Up To $1,000 Fines — Per Day

London murder rate beats New York for month as stabbings surge

London’s murder rate surpasses New York’s for 1st time ever

London Mayor Sadiq Khan enacts ‘knife control’ policies to crack down on stabbing epidemic

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Reconsider this, Martin Shkreli

In a “Reconsider This” segment, I give you an update on the case of Martin Shkreli, the guy who bought the rights to Daraprim and then jacked up the price. What’s happened to him lately?

And Vic from Memphis calls the voicemail feedback hotline! In response to my despondency over the thought that ObamaCare is forever, he tries to life my spirits. Let’s see how well he does, or even if my spirits can be lifted.

Mentioned links:

Martin Shkreli sentenced to 7 years in prison

Martin Shkreli Sentenced to 7 Years in Prison for Fraud

Episode 123: A Win For the Free Market, and a (Sort Of) Win For Religious Freedom

The GOP Tax Bill Repeals Obamacare’s Individual Mandate. Here’s What That Means for You

House GOP bill repeals ObamaCare taxes — with one exception

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What did ObamaCare really do to our insurance premiums?

When given examples of people whose health insurance premiums have greatly increased after the poorly-named “Affordable Care Act”, ACA advocates have been able to respond that those are cherry-picked cases, or that premiums were increasing before the ACA and would have increased anyway.

That was then, this is now.

Bermuda has paved the way in the same-sex marriage debate, starting with government that is  actually representative of the people.

Consumer confidence is up. Way up. How much? Take a listen.

Mentioned links:

Yes, It Was The ‘Affordable’ Care Act That Increased Premiums

Bermuda becomes first jurisdiction in the world to repeal same-sex marriage

US consumer confidence rises to highest level since 2000

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A budget that all of DC can get behind. (That’s not a good thing.)

I’ve got 2 stories this episode about the economy; one good and one bad. Both are directly related to what Trump and the Republicans are doing.

The stories are one about the tax cut and one about the budget. Listen in to find out which is good and which isn’t.

Mentioned links:

Granite Grok (Conservative politics in New Hampshire in 10 minutes or less)

Here’s what America’s biggest companies plan to do with all that cash coming back to the US

Over 100 companies giving ‘Trump Bonuses’ after tax victory, ‘tsunami building’

Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to U.S.

The Trump Spending Binge

Trump’s budget balloons deficits, cuts social safety net

Planned Parenthood’s Taxpayer Funding Safe Under Spending Deal

Conservatives lash out at GOP spending binge

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It’s episode 200!

It’s here; episode 200! And what an extravaganza it is.

I have an interview with D. J. McGuire. He’s a co-host of The More Perfect Union podcast, one of my favorites. I wanted to speak with D. J. because he has moved from being a conservative Republican to a conservative Democrat. Contradiction in terms, you say? It didn’t used to be. When I moved to Georgia, Sam Nunn was one such animal. In today’s political climate, however, it’s certainly an endangered specie. I talked with him about his conservative bona fides, why he switched, whether his views have changed, and what would cause him to switch back. It’s a fascinating discussion.

And I have feedback from 5 listeners, including a voice mail. (See, it really does work!) I’ll be answering their questions as part of this episode.

So thanks for joining me for the longest episode ever (over 56 minutes!) of one of the shortest political podcasts out there. I hope it gets you to consider this.

Mentioned links:

The Conservative Zone

Black Lives Matter: 28% of Abortions Done on Black Babies But Blacks Just 12% of Population

Birthright citizenship in the United States [Wikipedia]

Podcasts mentioned:

The More Perfect Union Podcast

The Ben Shapiro Show

Challenging Opinions

GetReligion

Observations

The Ricochet Podcast

Ravi Zacharias International Ministries (including “Let My People Think”)

BreakPoint

Radio Free Acton

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Are Democrats aware of this?

I have yet another example (well, 2, actually) of Democrats trying to apply a religious test to someone trying to work in government. More and more Democrats are getting comfortable with this.

Bernie Sanders has decided to introduce a bill to create Medicaid for all. Because a system that is losing money hand over fist, pays  out less than private insurance, and is losing doctors all the time is just what we need to “fix” the health care system.

Or not.

And you can still donate to The Salvation Army for hurricane Harvey and Irma relief. Details here.

Mentioned links:

No Religious Test Clause [Wikipedia]

Episode 181: Cuts to Sex-Ed in Schools, and A New Religious Test for Government Work [previous episode of “Consider This!”]

Did Durbin and Feinstein Impose a Religious Test for Office?

Feinstein w/Barrett; 9-7-2017 [Video of questioning]

Dick Durbin Appears to Illegally Grill Trump Judicial Nominee Over Her Religion [Video of questioning]

Sanders Wants ‘Medicare For All.’ Here Are 8 Reasons That’s Dumb.

Medicare for All is becoming the new litmus test for Democratic presidential hopefuls.

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The economics of FirstNet

While I highlight your feedback to me on this show, this time I’m highlighting my feedback to another podcast.

This is my feedback to an episode of Congressional Dish, hosted by Jennifer Briney. Jennifer does the work of finding out what bills are going through Congress and brings you the “in a nutshell” versions of them to you, so you can find out what they’re doing for you, or to you. Her recent episode was about a project called FirstNet, a program designed to create a new nationwide wireless network just for first responders, so they aren’t blocked during emergencies because of everyone using their phones to find out if loved ones are OK.

This project was started in the wake of 9/11, and may come to fruition soon. She was glad to hear this was happening, but was concerned over the corruption that was part of the beginning of this process, and that the for-profit corporation AT&T was getting the contract, because, as she put it, AT&T puts profit first, and customers (in this case first responders) down on the list.

This is my response, mostly to the economic aspects of her concern, and how the free market has not been allowed to work properly, and the result is that we’re in monopolistic mess. I greatly encourage you to listen to her episode for the context of this feedback, and subscribe to her podcast.

(Jennifer never guarantees that she’ll use feedback that she gets in her show, and this bit of audio is 7 minutes 38 seconds, quite an imposition to her and her audience. So if she doesn’t use it, I’d absolutely understand.

Also, below is an extended transcript, more than what I said in my audio feedback. I got on a roll and couldn’t stop writing. I pared it back for the audio feedback, but this is everything I wanted to say.)

Mentioned links:

Congressional Dish, episode 155: FirstNet Empowers AT&T

Why Can’t The Market for Medical Care Work Like Cosmetic Surgery?

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