Category Archives: Trickle Down Economics

News and Commentary for January 28

It's "National Fun at Work" Day. Have some fun, whatever you're doing!

It’s “National Fun at Work” Day. Have some fun, whatever you’re doing!

Fired up and ready to run again. “Sen. John McCain said a censure from Arizona’s Republican Party is “regrettable” but that it will not dissuade him from running for reelection in 2016. The Republican senator and former presidential candidate said that the formal reprimand from the GOP over the weekend only serves as a motivator as he weighs whether to pursue a sixth term in the chamber. The state Republican Party passed a resolution over the weekend that derided his record as too liberal and “disastrous and harmful” to the country. “We’ve got polling data that shows overwhelming support. I’ve won every election in Arizona by very large margins, quite often with the opposition of that element of the party,” McCain said of his state’s rightward flank, which he described as encompassing a “very small portion” of Arizona voters.” John McCain on reprimand: ‘It fires me up’

Rep. Krysten Sinema is beatable. Let’s make sending her packing our priority. “By contrast, according to a competitiveness chart issued by the Arizona Independent Redistricting Commission, CD 9 just barely skews Dem. The 2012 election reflected the district the AIRC drew. Sinema’s foil was one of the worst Republican candidates imaginable: former Paradise Valley Mayor Vernon Parker. Sinema scored 121,881 votes to Parker’s 111,630. Libertarian Powell Gammill picked up 16,620. If Gammill had not been in the race, Parker might have won, as there is natural overlap between Republicans and Libertarians. At the very least, Sinema’s edge would have been razor thin sans Gammill. Kyrsten Sinema Turns Blue Dog, Liberals Blow a Gasket

We won’t forget. “Sinema has long been invested in the law’s success. In 2009, then-State Rep. Sinema was handpicked by President Obama to represent Arizona in crafting the law.” Dem Rep: The Fundamentals Of Obamacare Are Good

Remember, Rep. Sinema says the “fundamentals” of Obamacare are good—please tell us Rep. Sinema: exactly how many folks could have purchased insurance with the kind of tax payer dollars being wasted on failing exchanges? “In late October 2013, the Obama administration sent $41.9 million to Minnesota for its state-built health exchange. It was the sixth ObamaCare grant awarded the state, and all told taxpayers ponied up $155 million to help build MNSure.” ObamaCare Dumped $1.2 Bil Into Failing State Exchanges

Candidate for CD9, to oust Rep. Krysten Sinema. “Walter is hardly the first former NFL player who has tried to come to Capitol Hill, although Rep. Jon Runyan, R-N.J., is the only one currently in Congress. But he faces a similarly interesting opponent in Sinema, the first openly bisexual member of Congress. His chances: If Walter makes it through a competitive primary against Wendy Rogers, who ran an unsuccessful race for the nomination in 2012, and other potential candidates who are said to be mulling bids, he has a shot of winning the district. It gave President Barack Obama a 4-percentage-point edge over Republican nominee Mitt Romney in 2012.” This Cycle’s Top 8 Most Fascinating Recruits (So Far)

More on the Democrat’s war on young people. “Yes, frankly, there has always been substantial legitimacy to their concerns. The law requires young and healthy consumers to buy expensive comprehensive insurance for thousands of dollars a year, far exceeding their likely expenditures on health-related services and products. It then imposes ridiculous deductibles which all but guarantee that they won’t see any benefit at all from those policies. That money will instead benefit older Americans by subsidizing their premiums. It’s one of the most perverse wealth transfers of all time.” Retiring House Dem: ObamaCare is unraveling because young people won’t sign up

Someone needs to remind our president. This: “America does not have a royal family and is not ruled from a throne by a monarch. Our Constitution — the same one Obama is an alleged professor of, the same one the political left detests because it stands in its way of unfettered power — designed a government of three branches. None can act on its own. None can seize power over the other two.” And this: “When Obama makes his State of the Union speech Tuesday night, he is likely to threaten to issue executive orders in instances when Congress refuses to follow his agenda. Principled members of Congress should spend the next days and weeks challenging his usurpation of power in the court of public opinion — and in a court of law. Americans are not subjects of a king.” Barack Obama And The Quest For Raw Political Power

Did you ever think you’d see this happening in our beloved United States? “Decades of this have poisoned the well of American politics, and paved the way for Obama to take the demonization to the next level by unleashing the law on them. Arresting prominent members of the opposition is the kind of behavior we have seen from the likes of Joseph Stalin and Adolf Hitler; it is a hallmark of authoritarianism, not (until now) of politics in the United States. Of course, Stalin and Hitler didn’t stop with arresting their foes; they had them murdered as well, usually after a show trial. Obama is not doing that, but is even one step down this road one that Americans want to take?” The D’Souza Arrest: Obama Adopts the Stalinist Style

The IRS is hiding something and hopefully the smoking gun will be found. “What is this, Zimbabwe? Turkmenistan? Ecuador? The point of a civil service over a political spoils system is to have an impartial system based on merit, not a collection of political operatives who gladly serve as attack dogs and then retreat behind illegitimate legal protections to await their next opportunity to strike again. And as O’Donnell noted, they will. The fact that they won’t cooperate based on “confidentiality” requirements is nothing but a shield law for wrongdoers who have turned what should be an honorable profession to the ultimate manifestation of Big Dirty Government, unrestrained by law, unmoved by conventions of professionalism and unwilling to adhere to any sense of right or wrong.” IRS, The Emblem Of Big Dirty Government, Gets Dirtier

Was he ever a nice guy?Yuval Levin wonders how anyone who has witnessed the last few years can conclude that Obama has not used unilateral executive power enough, or think he has tried too hard to work with Congress. He also points out that Obama has been at his most popular when dealing with Congress — especially in the confrontation that led to the government shutdown — and at his least popular when on his own — see the Obamacare rollout.” Obama’s new plan — no more Mr. Nice Guy

The Media intends to cover for Obama’s tyranny. “So first we have the framing of this as a new approach, one to which Obama came reluctantly, forced by the stubborn resistance of Congress’s Republicans to his agenda. Of course, his approach is neither new, nor forced—although I suppose it’s “forced” inasmuch as it wouldn’t be necessary if Congress was still controlled by Democrats who could be trusted to merely rubber-stamp Obama’s desires. And it’s “new” in the sense that it will now be intensified. Obama is also attempting to capitalize on Americans’ dislike for and disapproval of Congress, which is far more unpopular even than he is.” Obama: you ain’t seen nothing yet

Remember, we have three more years of this man and his administration. “There are the latest results from the ABC/Washington Post poll and I would call that a crisis of confidence. Men have some or no confidence in Obama’s ability to “make the right decisions for the country’s future” by 67-32. Among women, it’s 59-41.” 63% of Americans Lack Confidence in Obama’s Ability to Make Decisions

Repeat after me, “Liberal Policies NEVER grow an economy. “In fact, the pro-market, pro-growth policies of Ronald Reagan, disparagingly referred to as “trickle-down economics,” produced falling poverty rates every year from 1984 to 1989, a 20% overall hike in real per-capita disposable incomes, a drop in inflation from 13.5% to 4.1%, and a decline in the unemployment rate to 5.5% by way of the creation of 20 million new jobs. Today, in contrast, Obama’s anti-growth policies of more taxation, more regulation, more mandates, more government, and more redistribution have produced the worst economic recovery since the Great Depression, the lowest workforce participation rate in 40 years, declining real incomes, higher poverty rates and more inequality.” Lack Of Opportunity, Not Economic Inequality, Is U.S.’ Real Problem

Up in smoke! “Interest rates were vaporized in favor of cheap money. We’re living in a debt society where every institution is borrowing money to lend to someone at the bottom of the pile and then reselling that debt to someone else. Saving money by investing it works at the top, but saving money in a bank account provides little except a rainy day fund constantly eroded by inflation at the bottom.” Cheap Money and American Poverty

The war on future generations is getting worse. “Many may argue this is not the time for pension reforms; however, President Reagan may have said it best, ‘If not us, who? If not now, when?’” You Think The Deficit Is Bad? Federal Unfunded Liabilities Exceed $127 Trillion

Conservatives MUST win in 2014, and 2016. “The biggest challenge in 2014 and beyond will be to recognize the limits of government — especially the limits of monetary policy to stimulate the real economy — and to restore economic freedom so individuals can innovate and prosper. Many of America’s problems stem from intrusive government, not from genuine free markets. Government has an important role to play in a free society, but one limited by the rights of individuals. The outlook for 2014 and beyond will depend on whether the rule of law and limited government prevail or whether special interests and “democracy” trump what F.A. Hayek called the “constitution of liberty.” The midterm election will provide a referendum on that historic question.” More Economic Freedom Is Key To U.S. Economic Success

Only in President Obama’s America: Benghazi incompetence and death leads to promotion. “Lamb was brought before the congressional investigation into Benghazi, and defended the lax security at Benghazi by saying that they didn’t need extra help because they were training Libyans to defend the embassy. Another official testified that she had denied security because there would have been too high of a political cost to doing so. She resigned from her position as State Department Deputy Assistant Secretary for International Programs, but it appears that the Obama administrations knows how to take care of those who protect their interests. Now, do you think Lamb’s promotion after our ambassador and soldiers were killed at Benghazi will make as much news as Chris Christie immediately firing those responsible for “bridgegate”? Don’t hold your breath.” ObamAccountability: Official Who Oversaw Failed Security At Benghazi Given Promotion

She’s not inevitable. “Hillary Clinton has given comments in which she claims that Benghazi is her “greatest regret” as secretary of state. “My biggest, you know, regret is what happened in Benghazi,” Clinton said when asked to identify “do-overs” of her time as America’s top diplomat during her keynote appearance before the National Automobile Dealers Association in New Orleans.” Hillary Wants to Get Benghazi Out of the Way

Ugh. “As for Rand bringing this up in the first place, I go back and forth between thinking it’s foolish to give Hillary a chance to remind the public of her victimization (victimhood being a core component of her campaign to come) and clever in making Democrats generally and Bill in particular think twice before throwing around “war on women” charges. More than anything, though, I can’t believe Democrats are going to foist this baggage on us again. We’re going to spend another two years, and maybe four years after that, and then maybe four years after that — 10 years! — neck deep in Clinton drama. Again. I don’t have the energy. I need to blog something less exhausting, like the Middle East.” WaPo columnist: Hey, Monica Lewinsky wasn’t exactly an innocent victim, you know

Make it stop, please! “Whatever damage Obama can do in the next 3 years, 8 years of Hilary Clinton will make it worse. Every dysfunction inflicted on the country by 100 years of the progressive assault on limited government, self-reliance, and self-government will continue to worsen, while the debt clock ticks ever closer to the midnight of bankruptcy. Conservatives need to fight the next war, not refight the last one.” Fight the Next War, Not the Last One

Blinded by reality. “I’m told Fink desperately wants to be Treasury secretary, which is part of why he’s looking toward Hillary as a savior. The other part is that he, like Blankfein and the many other Democrats among the nation’s top chief executives, are so blinded by their obsession with Republican hard-liners that they haven’t observed how the anti-business hard left is now the most powerful force inside the Democratic Party. They blame the problems in the party now on the peculiar disposition of President Obama, which is more his arrogance than his ideology. Business executives who’ve sat down with him jokingly refer to their meetings as the “Four Ls” because, as one recently put it to me, “He arrives late; he doesn’t listen; he lectures them and then he leaves.” Yet they’re leaving out a fifth “L” — that Obama’s a liberal, or even a lefty. His arrogance with businessmen even in his own party is all about ideology — one that thinks business is so inherently bad it needs to be regulated, reshaped and crushed, which is exactly what he did to the financial sector after the financial crisis and what he’s doing now to the health-care system.” Wall Street’s bad bet on Hillary for 2016

We can win, if we select the right candidate. “The contest she will be running in in 2016 is first toward the end of a last decade of slow economic growth. B, in 2016, we will have had three consecutive two- term presidencies. The last time we had that, and the only other time we had that was Jefferson, Madison and Monroe before the two-party system emerged. We had a period of uncommon stability in the presidency. And that makes it even less likely that we’re going to give a third term to the same party.” George Will On The Clintons: “All They’ve Done Their Entire Life Is Borrow Money From Rich People To Seek Office”

Don’t worry… The MSM will protect her. “The scanner thing stuck against Bush 41 (unfairly, as it was based on bad reporting) because it fit the media narrative of an older country-club patrician president not understanding America’s problems the way a younger man from Arkansas who didn’t come from money could. Hillary’s narrative, though, will be First! Woman! President! The car thing will be a curio, easily spun, as Drew says, “as a story about how she has forgone the simple pleasures of life in service to her people.” And if for some reason it does stick, she’ll have Bill out on the trail reassuring the middle class that she’s the real populist in election 2016, no matter how many private-jet miles she’s logged in the past two decades.” Hillary: I haven’t driven a car in 18 years

The Left might understand, but they need the division in order to continue to win elections. “I don’t know if I persuaded anyone, but at least the facts are on my side. Consider, for instance, how the world’s two most laissez-faire jurisdictions – Hong Kong and Singapore – have overtaken the United States over the past 50-plus years. That’s been great news for low-income and middle-income people, not just the rich. So ask yourself whether you’d rather be a poor person in one of those jurisdiction or in France. The government in France has all sorts of programs to make your life easier, but you have very little hope of escaping a life of dependency. And now ask yourself whether it’s good that Obama is doing his best to push America in that direction.” Everything You Ever Needed to Know about the Left’s View of Income Inequality, Captured in a Single Image

Hypocrisy. “There is an asymmetry between declamations of those on the far left and those on the far right, which is disturbing. The former often express a visceral hostility which is intended to marginalize their opposition in the style of Saul Alinsky. One only has to recall the demonization of Sarah Palin in 2008 or the vilification of Mike Huckabee last week – in both cases taking words out of context and relentlessly belittling them. Likewise, Bush lied; Obama tells falsehoods. Lies and false statements are too often ignored by mainstream media when they are uttered by those on the left. Lies about Benghazi and the IRS are examples. Elizabeth Warren’s lie about her heritage was another. So was Wendy Davis’s lie about bringing up her children as a single mother. Conservatives would have been scalded for making such false claims.” Thought of the Day: Who Is the Extremist, Andrew Cuomo?

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Filed under 2014 Elections, 2016 Presidential Election, Arizona Politics, Benghazi, Big Government, CD9, Debt, Economy, Freedom, Hillary, Income Inequality, IRS, Millenials, Obamacare, Political Corruption, President Obama, Senator John McCain, The Left, Trickle Down Economics, Tyranny

News and Commentary for January 9

Tough roads ahead for  all of us. But we can do it!

Tough roads ahead for all of us. But we can do it!

“A contingent of Arizona Republicans is set to vote this weekend on whether to censure GOP Sen. John McCain over his “long and terrible record of drafting, co-sponsoring and voting for legislation best associated with liberal Democrats.”” Group of Arizona Republicans to censure John McCain for siding with ‘liberal Democrats’

Let’s hold Rep. Sinema accountable. We’re tired of the white washing of who she really is. “The congresswoman is obviously feeling the political persecution of voters in her district as Obamacare exemplifies another liberal big-government failure. Remember that Kyrsten was hand-picked by the Obama Administration a few years ago as the administration’s chief saleswoman for Obamacare in Arizona. Kyrsten took her Obamacare sales pitch across the State of Arizona as a lead up to her campaign for Congress. Now she’s feeling the heat and looking for any creative messaging to assuage the anger of voters in her district.” More Political Taqiyya from Kyrsten Sinema

May a Democrat never be the commander in chief of our military EVER, EVER, EVER, EVER, EVER, EVER, EVER, EVER, EVER, EVER, EVER, EVER again. “Like early reports from a remote region hit by a 7.0 trembler, the early assessments of Duty almost certainly fail to capture its full impact.  Only after the whole book is available for a few weeks to all interested parties –including the military from its senior ranks to its greenest private to its rolls of retired, wounded and widowed– will the full impact of the important memoir be known.” Rumble, Crumble, Tumble: The Gates Earthquake

Absolutely despicable that Obama played politics with our military. “When a man who has worked for every president since Nixon, barring Bill Clinton, says that the White House was by “far the most centralized and controlling” since Kissinger had ruled the roost, it is not a criticism that can be lightly batted away.” Robert Gates’s memoirs add to the sense that Obama’s presidency is unravelling

“The Obama administration was blindsided’ by bombshell accusations in a book by former secretary of defense Robert Gates, according to a White House staffer with knowledge of Tuesday’s events in the White House. ‘They’re breaking it down and dividing it up in the West Wing,’ the aide told MailOnline, describing a frantic scene. ‘No one saw this coming.’ ‘This is very, very bad’: White House insider reveals how Obama was ‘blindsided’ by former defense secretary’s damning allegations in explosive new book

“Rubio added that Obama’s foreign policy has largely been a mess. “It hasn’t been driven by a strategic foreign-policy view,” he said, “it’s largely been driven by tactics and politics and that’s not a way to conduct foreign policy.”” Rubio: Nothing in Gates’s Memoir Surprises Me

“Hunter gave the exactly right answer: “We won in Iraq,” he said first. He then noted that his father, who had served in the Congress for more than a generation, wrote a book called “Victory in Iraq.” He reiterated the point, saying that by 2010, we’d won the war in Iraq. The question was whether we’d abandon what we’d won. “This president,” Hunter said, referring to Barack Obama, “left for purely political reasons.”’ Nam comes to Iraq: Losing to al Qaeda, after winning

True words. ““I’m beginning to really bristle at this progressive label for de Blasio’s programs and Obama’s programs,” Giuliani said during an interview this morning with radio host Geraldo Rivera. “There is nothing progressive about anything they are recommending,” Giuliani said. “It’s all retrogressive. Every idea is 130 years old. … To tax the rich, to set up class warfare, to try to bring people out of poverty through entitlements is a terrible mistake. That is what Bill Clinton declared in the mid-1990s, you know, ‘Welfare will end as we know it.’ It was ruining people, it was making them dependent. You got to break that cycle.”” Giuliani: ‘Nothing progressive’ about de Blasio’s ideas

It seems we have our very own bully on the Right. “New emails that surfaced Wednesday suggest a top aide to New Jersey Gov. Chris Christie was directly involved in closing lanes on the George Washington Bridge to create traffic jams as retribution against a Democratic mayor who declined to endorse Christie.” Christie quiet after emails link his staff to bridge scandal

For the press, what’s going to have more legs? Chris Christie and the bridge, or the IRS scandal? “From the comments: “For pettiness, I believe this bridge fiasco is more on a par with the shutdown of federal parks during the government shutdown than the IRS abuses. The IRS abuses appear to be intimidation for election purposes. The park blockades appeared to be pettiness to prove a point. The bridge fiasco also appears to be pettiness to prove a point.” Good point.” JAMES TARANTO: Road Rage: Chris Christie, the George Washington Bridge and the IRS.

“The next 24 hours will be crucial for Chris Christie, top Republicans say.” Christie’s Crucial 24 Hours

Long-term damage. “The final reason that the next GOP administration will have a hard time undoing the nutty radical policies of the Obama-era DOJ is the existence of consent decrees. These consent decrees don’t vanish just because President Obama will in 2017.  They remain in force, and the next administration will still have to enforce them.” 3 Reasons Why the Radical Anti-Discipline Policies at DOJ Will Outlast the Obama Era

“Meanwhile, poor black and Hispanic kids who are struggling to get educations in substandard urban public schools are being done great disservices; actually, moral injustices. Holder wants to saddle good kids who are trying to improve their lives with kids whose criminal behavior is at best disruptive to learning and, worst, prevents real learning from occurring.” Putting the Chill on Discipline

“Sold on a lie, cloaked in deception and passed on a trick just this side of legal, this act is not merely an outlier but also an outlaw in the legislative history of our republic. It deserves no respect, gets none from the public and therefore can’t last very long.” It may be ‘the law,’ but Obamacare deserves no respect

“In short, this is another perverse civil rights crusade. Black children live in fatherless households much more often than white or Asian children. It would accordingly be highly unusual for the rates of misbehavior to be the same across races. The policy guarantees that teachers will not be able to help fill the gap by providing a well-disciplined environment at school. The victims of this particular civil rights crusade are black children looking for a decent education.” A perverse civil rights crusade

“The Left doesn’t bother to observe the rules they inflict on everyone else, obviously. And we must always point this out.” Glenn Beck: “Let’s not become what we despise”

Challenging a Leftist lie. “One of the things that provoke the Left into bringing out the “trickle-down” bogeyman is any suggestion that there are limits to how high they can push tax rates on people with high incomes, without causing repercussions that hurt the economy as a whole.” The Trickle-Down Lie

“The newly flowering buds of Marxism no longer reside on the fringes. Not when the president of the United States has declared fighting income inequality his chief task as commander in chief. Not when Senate Majority Leader Harry Reid, D-Nev., has said that America faces “no greater challenge” than income disparity. Not when MSNBC, The New York Times and the amalgamated pro-Obama media outlets have all declared their mission for 2014 a campaign against rich people.” Why Socialism Is on the Rise

“The War on Poverty itself has produced today over 80 federal welfare programs that cost about $1 trillion a year (the national GDP average of countries in the OECD, known as the rich man’s club, is $1.4 trillion). The cost would matter less if the programs succeeded in easing Americans out of poverty and helping them become upwardly mobile. The problem, however, is that many of the poor become entangled in the safety net that was supposed to help them.” Hispanics and the War on Poverty

“Rubio offers a great example of how conservatives should be thinking about poverty in America, and about the conceptual perversity and (resulting) practical inadequacy of our vast array of anti-poverty programs. And he helps us also to see how the Democrats’ misguided emphasis on inequality as the core of that problem opens up real opportunities for Republicans to lay out for the country their vision of the American dream, and their agenda for helping more Americans achieve it.” Rubio on Poverty and the Welfare State

Uh oh. “One worrisome trend; the number of indies leaning Democratic has increased while the number leaning Republican has gone down. Independents don’t vote in great numbers in off year elections so it probably won’t hurt the GOP very much next November. But Republicans have to find a way to reverse that trend or the Democrats will cruise to another victory in 2016.” 42% of Americans now identify as political independents

“Democrats aren’t known for giving the nomination to the previous cycle’s runner-up. In fact, they are much more likely to kick the losers to the curb. But their devotion to Clinton is based on several factors. First, theirs is a party driven by identity politics; I have no doubt that a man with similar credentials and longevity would have to battle it out. To be crass, Democrats elected an African American, so now it is time for a woman, many Democrats feel.” Why Dems will go down with the S.S. Hillary

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Filed under 2014 Elections, 2016 Presidential Election, Afghanistan, Benghazi, Big Government, Govenor Chris Christie, Hillary, Iraq, Lies, Mayor De Blasio, Obamacare, Poverty and the Welfare State, Rep. Krysten Sinema, Secretary of Defense Robert Gates, Senator John McCain, Socialism, The Left, Trickle Down Economics