Any chance?

The President’s proposed budget cuts spending by $4 trillion. Could we actually see a reduction in spending that we’ve needed for so long? Or is this just a dream?

How many Democrats would vote for a socialist for President? The answer may (or may not) surprise you.

Who let the world in CO2 reduction in 2019? The answer may (or may not) surprise you.

Mentioned links:

White House proposes slashing $4.4 trillion from budget over 10 years


Global CO2 emissions in 2019

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Show transcript

The Federal debt just keeps going up, and it’s kept its trajectory of getting higher faster through the Trump years. I’ve brought that up a number of times on this show, hoping that someday we could get a President who would at least try to change that trajectory.

Well hope no more. The budget as submitted to the House by the Trump administration seeks to cut over $4 trillion dollars from the budget. Yes, you heard that right; $4 trillion dollars of actual cuts over 10 years, not just reductions in the rate of increase (which is what your typical DC “cut” looks like).

Will this pass? Not a chance. The budget as it comes from the President never passes, and is often dead on arrival unless his party controls both chambers of Congress. Even then, there are a lot of Congress-folk that have their pet projects that they can’t be seen cutting or they may lose re-election. See, as I’ve also said before, DC won’t cut the budget until we let them. If we won’t support our own representatives when they try to be fiscally responsible, they won’t be.

But at least Trump has gone out on that limb and shown how he would do it. Now it’s true that some cuts come from entitlements, but I think it’s been a while since I said this, so a little reminder. If we shutdown government completely – the military, the state department, all the departments and cabinet positions, the entire Congress, everything – but only kept our promises – that is to say entitlements, Social Security, Medicare and Medicaid, and the pensions of everyone we’d have laid off – we would still run a deficit. If taxes stayed the same but government was gone except for the monetary promises made by that government, we would still be borrowing to pay for it all.

So if you think a trillion dollars a year is too much debt, but you also think we should never touch entitlements, (with apologies to that game show) you aren’t smarter than a 5th grader.

A new Gallup poll released Tuesday the 11th found that 76 percent of Democrats would vote for a socialist for President. What?

The International Energy Agency (the IEA) released its report on Global CO2 Emissions in 2019 back on the 11th. Here’s what it said about the United States

The United States saw the largest decline in energy-related CO2 emissions in 2019 on a country basis – a fall of 140 Mt, or 2.9%, to 4.8 Gt. US emissions are now down almost 1 Gt from their peak in the year 2000, the largest absolute decline by any country over that period.

Now, it’s not going to be a big surprise that we had the largest absolute decline in carbon emissions since we, as a country, are one of the biggest users of carbon in the world. However, just remember that we’ve left the Paris Accords and still, somehow, without a piece of paper to tell us to, we are posting big declines in our carbon output. And we have, as the report noted, been doing so since 2000.

This will no doubt come as a surprise to AOC, with her Green New Deal, and Greta Thunberg, with her scolding of the US. Ignored in all of this are China and India who put more carbon in the air and plastic in the ocean than we do, and in the case of plastic, we aren’t even on the map compared to them.

But hey, aim your darts at a country making great strides towards your goal rather than those ignoring it.

On a more personal note, I gotta’ tell you about an experience I had on Reddit recently. One of the subreddits I read is (no surprise) r/podcasts. The other day someone wrote a post with the title, “Looking for podcasts where only the host explains something; be it science/technology/physics/history/politics or anything”. In the body of the post, he explained that he was specifically not looking for an interview or conversational format; just one person. Recognizing this as an opportunity for self-promotion, I just replied, “Consider This, conservative commentary in 10 minute or less.” Short and to the point. And except for a few interviews that I can count on one hand, and not counting audio feedback (which I always appreciate), it’s just me giving you my take on the events of the day.

Understand that if you ask a question in a widely-read subreddit, expect a boatload of answers, and indeed that’s what happened. Clearly a lot of people recognized this as an opportunity for self-promotion. But apparently at least one reader of that post followed up and actually listened to an episode of mine. He replied, “Be forewarned it is not an impartial podcast. Could be a tough listen. It’s a conservative podcast for sure.” My reply was, “Hence the subtitle.”

Now I will say that he followed up and said he missed that, and when he listened he must have missed where I said it in the show introduction. So no harm no foul, just a little funny. And if you are the one that left that comment, hey, I’m glad you’re here, and all I ask is that you consider this.

Filed under: Budget & SpendingEconomics & TaxesEnvironmentGovernmentSocialism