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Economics & Taxes Archives

"Pen and Phone" is the new "Congress"

“Pen and Phone” is the new “Congress”

A pen and a phone. That’s what President Obama recently said he had which could circumvent Congress on policy topics he wanted to get moving. Conservatives, like me, compared him to a king, giving orders and expecting everyone to jump. The Left took this opportunity to show that the number of executive orders that have been issued by Obama was less than any President in at least the last half-century. True enough, but as is usual, it’s a cherry-picked data point. There is more than one way to dictate.

Hollywood, that bastion of liberalism, is now trying to get lower taxes to bring business back to California. Turns out that high tax rates have been pushing filmmakers out of the Golden State, into other states that don’t take as much of your gold.

Mentioned links:

President Obama Has Issued Fewer Executive Orders Than Any President in Over 100 Years

All the Major Lawless Changes to Obamacare Explained in One Infographic

The Presidency Goes to Pot

Ted Cruz: The Imperial Presidency of Barack Obama

Oh, the Irony: Hollywood Liberals Plead With State of California to Lower Their Taxes

Call to Action: State Leaders Must Reclaim Film & Television Production Jobs & Keep California Competitive [Film Works petition]

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An endangered species?

An endangered species?

Some students at the University of Minnesota do not like the fact that, when descriptions of the suspects of crime on campus are made public, the race of the student is included. But is reporting it worth the risk?

The percentage of Americans no longer looking for work is the highest it’s been in almost 40 years. Do we really want to be pushing people out the door because ObamaCare gives them  an incentive to quit? Do we really want to tear out the incentive to work from society?

When the government is caught in a gross abuse of power, the nation’s media have been all over the story; Watergate, Iran-Contra. But somehow this fire has been lost when it happens these days.

Mentioned links:

‘U’ Students Want Crime Alerts To Avoid Using Racial Descriptions

White House: It’s A Good Thing That Obamacare Will Drive 2.5 Million Americans Out Of The Workforce

They quit their jobs, thanks to health-care law

How much is Obama to blame for the worst labor participation rate in 40 years?

George Will: IRS Scandal as Big as Watergate and Iran-Contra; So Where’s the Media?

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Escaping socialism

Escaping socialism

I knew that many Canadians were leaving their borders to come to the US to avoid the long waits they have to endure up there. I just didn’t know how many. Well a free-market think tank, the Frasier Institute, has published the numbers for 2013.

One of the big promises of ObamaCare was that, with a much larger pool of insured people, the cost to the average individual or family would go down. That’s how insurance works, right? You spread out the risk over a bigger population, and the required payouts become less than the premiums taken in. More people, less risk, lower costs.

You’d think so. But as it turns out, the insurance offered by one of those eeevil corporations, Wal-Mart, beats the equivalent ObamaCare plan handily.

Since the Scott Walker recall attempt, he and the Republicans in his state legislature, have been busy cutting taxes and balancing their budget. The result has been that, over 3 years, they’ve cut taxes by about a billion and a half dollars, and the economy is chugging along a good clip, such that just this year they have almost a billion dollar surplus.

We ought to be asking our federal government to look at this. How did they do it?

Mentioned links:

Report: Tens of thousands fled socialized Canadian medicine in 2013

Surprise! Walmart health plan is cheaper, offers more coverage than Obamacare

Gov. Scott Walker reveals the secrets to Wisconsin’s $1 billion surplus

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Who really killed the traditional bulb, and why?

Who really killed the traditional bulb, and why?

The traditional, incandescent light bulb is going extinct this year. Environmentalists touted the fact that even the light bulb industry wanted to get rid of them. Yeah, well of course they did. Listen in to find out how this further cemented their hold on the market, using the environmentalists as useful idiots, and the government as their tool.

It has been said that voter ID laws are a solution looking for a problem, that voter fraud is so rare that it’s not worth the effort. Well, the Bureau of Investigations in New York City would take issue with that. They found fraud to be simple (with a 97% success rate) and undetectable. I detail how they did it, and how the government’s Board of Elections sprang into action to stop this. (OK, just kidding about that last part.)

Mentioned links:

Industry, not environmentalists, killed traditional light bulbs

Voter fraud: We’ve got proof it’s easy

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Today, Detroit. Tomorrow, New York?

Today, Detroit. Tomorrow, New York?

I’m back from vacation, and it’s time to get back into conservative commentary, all in 10 minutes or less.

Bill de Blasio was recently elected as the mayor of New York City. De Blasio is a liberal Democrat, as opposed to the liberal Republican Michael Bloomberg, who just left the post. He promises to bring liberal policies to New York. Well, more liberal than Bloomberg, I guess. But is this a good idea for the city? The NY Times thinks so. Detroit, however, might not.

And speaking of Detroit, is it fair to blame Democrats for the downfall of that formerly fair city? I mean, 50 years is hardly enough time for government policy to affect the economy, right?

What poverty program did the most good, dropping the rate 80% in less that 40 years? And why haven’t you heard about this success story?

Mentioned links:

De Blasio Draws All Liberal Eyes to New York City

The greatest achievement in human history, and you never hear about it

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They're back, and they want to be your Navigator.

They’re back, and they want to be your Navigator.

James O’Keefe’s Project Veritas has exposed corruption, fraud, and hypocrisy. The latest group to get in front of his all-seeing eye are the ObamaCare Navigators, those helpful folks who will get you through all the ins and outs of the ObamaCare exchanges, and get you the best price for your health insurance. And, as O’Keefe finds out, even if they have to convince you to commit fraud. Does that sound like another group you have heard of, another target of O’Keefe’s exposes? Well, it’s the same MO, and in some places, it’s the same people.

Yet another city (and yet another one in California) could be going bankrupt. But the reason they’re going under is over-promising, in this case, to their police force, who’s salaries and pensions gobble up 70% of the city’s budget. Over-promising is also giving our US government a pain in the budget, and we may be in for the same fate as these cities. However, we have to be willing to state the truth about our finances, because examples of what happens when you ignore the truth may soon visit Desert Hot Springs, California.

Mentioned links:

Project Veritas

The Truth about Navigators

Another U.S. city mulls bankruptcy due to soaring wages and pensions

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You can keep...what, exactly?

You can keep…what, exactly?

Once again I’m back with a 10-minute-or-less romp through the events of the day.

I tried to keep from dealing too much with ObamaCare in this episode, having said as much as I did last episode, but this issue is just sucking the oxygen out of the news cycle. First off, I consider what the problem was that ObamaCare was supposed to solve, and realize that the solution is worse than the problem.

Global warming has “paused” for 17 years now, and a peer-reviewed study suggests it might be doing that for another 20 years or so. And it’s all due to natural, ecological cycles. (Imagine that.)

President Obama recently said that you can keep your policy if you like it, except if you can’t. That was referring to the individual, private insurance market. Kathleen Sebelius has now added that caveat to another, much larger, insurance group.

Mentioned links:

Global warming “pause” may last for 20 more years

Global warming ‘pause’ may last for 20 more years and Arctic sea ice has already started to recover

Obama: “What We Said Was You Can Keep It If It Hasn’t Changed Since The Law Passed”

Sebelius Bombshell: Employer Based Plans Will Face Same Grandfathering Caveats as Lost Individual Plans Read the rest of this entry

Episode 57: Millions of ObamaCare Broken Promises

It’s not what you were sold.

You were told that, if you liked your doctor, you could keep your doctor. But hospitals are laying off people by the thousands.

You were told that, if you liked your health plan, you could keep your health plan. But the Affordable Care Act has, written into the bill in 2010, estimates of how many people would lose it anyway. You were lied to.

And supporters of ObamaCare are now waking up to the realization that, indeed, there is no such thing as a free lunch. Turns out we do have a single-payer system. It’s just that the single payer is us. How is it that conservatives saw this but liberals didn’t? Hmmm.

Mentioned links:

 [FLASHBACK] Obama: If you like your health care plan you can keep your health care plan

Obama Promises To Lower Health Insurance Premiums by $2,500 Per Year

NEARLY 1.5 MILLION LOSE HEALTH INSURANCE DUE TO OBAMACARE

Ben Shapiro’s tweet

Death Panels in Action: Hospitals Suffer Massive Layoffs Thanks to Obamacare

THE KOS KIDS LEARN ABOUT OBAMACARE

Obamacare shock: $12,600 deductible, 40 percent co-pay, zero competition

Obama admin. knew millions could not keep their health insurance

NBC Buries Own Reporter To Hide Obama Lie

A Plan For Replacement

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Debt Ceiling Acrobats

Debt Ceiling Acrobats

I had a nice conversation with a Twitter follower on the flipping and flopping may Democrats have done on the whole debt limit issue. They were very much against raising it until one of their guys is sitting in the White House. What a difference an administration makes! I was pointed to a quote by Dick Cheney saying that “deficits don’t matter” as an example of Republicans changing course as well. But that quote is categorically different than what Democrats are saying today. (And Cheney is not what anyone would really consider a conservative.) (And at the time he said that, I disagreed with him.)

Dave Ramsey recently did a segment on the math of ObamaCare. Never mind the politics of it all (and he certainly lets both conservatives and liberals have it on spouting talking points rather than “original thought”), the math just doesn’t work out. Math isn’t political; it’s just math. If you respect Dave, you should watch the video. Like my podcast, it’s less than 10 minutes.

Mentioned links:

My Twitter conversation with Andrew James

Bush Sought ‘Way’ To Invade Iraq? (source of Cheney quote)

Political Cartoon: Spending, Then and Now (personal blog, “Considerettes”, on the Cheney quote)

Dave Ramsey Destroys Obamacare

DaveRamsey.com

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A very high-profile supporter of foreign aid to Africa has had his mind turned around upon learning what capitalism has done for the continent. Aid is a stop-gap measure, not a cure. See if you can figure out who it is before I spill the beans.

The anti-war movement has had its resolve tested by being given virtually identical scenarios about war-making; one with a Republican President and one with a Democrat. The outcry should be the same, if the stance they take is on principle rather than on politics. Listen in to see how they measure up.

Mentioned links:

“Capitalism takes more people out of poverty than aid”

George N. N. Ayittey

“Africa Unchained: The Blueprint for Africa’s Future”

Syria: Dozens protest outside White House

Where have all the flowers gone

Bozell Column: The Vanishing Anti-War Left

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