2013 February

July 28, 2014

Minimum Wage Madness

Do minimum wage laws help or hurt?

Once again Democratic politicians want to increase the dosage of a popular but extremely toxic form of public policy snake oil. In his State of the Union message Tuesday President Obama proclaimed,“Tonight, let’s declare that in the wealthiest nation on earth no one who works full time should have to live in poverty, and raise the minimum wage to $9 an hour. We should be able to get that done.” Pat Quinn, the governor of Illinois, last week proposed raising his state’s minimum wage from the current $8.25 an hour to $10 an hour.

[snip]

Most people, especially college freshmen and sophomores, feel that minimum wage laws are beneficial. When discussing the topic I would ask, “If a minimum wage of $8 is better than one of $5, why skimp? Why not make the minimum wage $10, or $20, or $30?” Passing minimum wage laws is relatively easy. If eliminating poverty is that easy, why not go all the way? Why be so miserly? It’s not your money you’re spending. Go big or go home!

Most people realize that a minimum wage of $30 or $50 an hour would not work or be a good idea. They recognize that employers simply could afford to hire far fewer people at such wages. Most people can appreciate that not everyone is worth $30 an hour. Minimum wage laws at those levels would do major damage to the economy. Less obvious is the fact that virtually any minimum wage does the same kind of damage.

Read the rest at The American Spectator:          

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Obama’s Pirate Politics

Continuing the plunder: 

Everything in this column will be established by logical proof, as in geometry. There will be no name calling, or mere assertion.

You probably heard again last night that President Obama still thinks “the rich,” a crass term implying low class social envy, do not pay their “fair share.” He has been barnstorming America saying precisely that for his more than four years in office now. But the indisputable facts from official government sources say otherwise.

[snip]

President Obama’s belief that “the rich” still do not pay their fair share can only be explained on the basis of Marxist principles. To a Marxist, the top 1% earning anything more than the middle class is not fair, no matter how they earned it, fairly or not. So “the rich” are not paying their fair share as long as they are left with more than they “need,” as in a true communist system. This is the only logical explanation of Obama’s rhetoric, and it is fully consistent with Obama’s entire background, and his own published writings.

Notice that Obama kept saying that “the rich” don’t need the Bush tax cuts. That rhetoric follows the most basic Marxist principle, “From each according to his ability, to each according to his need.”

Read the rest at The American Spectator:         

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Obamacare Recession?

Should we all be surprised?

To the shock of many, U.S. GDP shrank in the fourth quarter of 2012 by 0.1%. Immediately, however, economists and commentators flooded the media with reassuring explanations. Super Storm Sandy reduced economic activity in the areas it ravaged; worries about the fiscal cliff and sequestration dampened business spending and government defense spending; businesses let inventory levels dwindle. Even the Federal Reserve commented that the GDP drop was the result of “weather-related disruptions and other transitory factors.” All this is true, to some extent. But none of the reporting I saw even mentioned the elephant in the room that not only depressed economic activity in the fourth quarter of 2012, but will continue to depress economic activity through 2013 and beyond. That elephant is the “Affordable Care Act,” aka “Obamacare.”

Read the rest at The American Spectator:         

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America Gets ‘Te’o’d’ by Obama

obama-forwardMy article as originally published in American Thinker:

It’s easy to understand why the mainstream media ran with the heart wrenching story about Notre Dame football player Manti Te’o’s “dead girlfriend” as well as the other conflicting stories about the couple’s “relationship” without engaging in actual journalism. The story happened to fit within the approved media template and didn’t require any further manufacturing. But with President Obama, the MSM must work overtime to positively spin everything he says or does before it is passed on to the public as objective “news.”

It finally took a member of the new media — Deadspin — to do some actual investigative reporting on the Te’o story.

The bottom line according to Deadspin:

There was no Lennay Kekua. Lennay Kekua did not meet Manti Te’o after the Stanford game in 2009. Lennay Kekua did not attend Stanford. Lennay Kekua never visited Manti Te’o in Hawaii. Lennay Kekua was not in a car accident. Lennay Kekua did not talk to Manti Te’o every night on the telephone. She was not diagnosed with cancer, did not spend time in the hospital, did not engage in a lengthy battle with leukemia. She never had a bone marrow transplant. She was not released from the hospital on Sept. 10, nor did Brian Te’o congratulate her for this over the telephone. She did not insist that Manti Te’o play in the Michigan State or Michigan games, and did not request he send white flowers to her funeral. Her favorite color was not white. Her brother, Koa, did not inform Manti Te’o that she was dead. Koa did not exist. Her funeral did not take place in Carson, Calif., and her casket was not closed at 9 a.m. exactly. She was not laid to rest.

Lennay Kekua’s last words to Manti Te’o were not “I love you.”

Te’o claims that he was a victim of this hoax as well:

This is incredibly embarrassing to talk about, but over an extended period of time, I developed an emotional relationship with a woman I met online. We maintained what I thought to be an authentic relationship by communicating frequently online and on the phone, and I grew to care deeply about her. To realize that I was the victim of what was apparently someone’s sick joke and constant lies was, and is, painful and humiliating.

When will the American people wake up to the incredible hoax that is currently being perpetrated upon them? Much like Te’o, Americans are involved in an emotional relationship with an individual despite most having never met him face to face. That individual is President Obama. But unlike Te’o’s relatively harmless “girlfriend” hoax, President Obama’s hoax, thanks to the help of the MSM, is a threat to every American and threatens the survival of the republic as we know it.

Fortunately, the new media is willing to step up and do the job the ideologically driven MSM refuses to do.

So just to be clear on a few of the crazy things we’ve been told:

Ambassador Stevens was not murdered because of a dim-witted amateur video. Food stamps are not economic stimulus. This current economic mess is not George Bush’s fault. Obama’s mother was not denied health insurance coverage as claimed. America is not safer under Obama. Raising tax rates does not create jobs. Disagreeing with President Obama does not make one a racist. The cost of health care will not be lowered under ObamaCare. President Obama is not suddenly a Second Amendment advocate.

The science of man-caused global warming is not settled. The economy is not getting better. The Tea Party is not an extremist hate group. Paying off crony donors with green energy loans does not lower energy prices. Reducing the rate of spending growth is not a spending cut. Beyoncé did not actually sing at Obama’s inauguration. Kids do not like Mrs. Obama’s new school lunch program. Trillion dollar deficits and skyrocketing debt does not create prosperity and is not sustainable.

QE 1-3 did not work. QE 4 will not work. The President does not have the power to bypass the Constitution. Rising unemployment is not positive economic news. Gun control does not control criminals. Freedom is not “preserved” by violating the First Amendment rights of religious institutions. Demonizing the rich does not put the poor and middle class back to work. The economy did not tank in the fourth quarter due to a lack of federal spending. So-called “assault weapons” are not more deadly than semi-auto hunting rifles. Just calling something a stimulus does not mean it will stimulate. The mainstream media is not interested in truthfully reporting any of this.

President Obama is definitely not to be compared with Ronald Reagan. .

How painful and humiliating does this hoax have to get before a majority of the American people finally take notice and do something?