Monday, November 29, 2010

Keynesian Economics Is Wrong: Economic Growth Causes Consumer Spending, ...



Via Ed Morrissey @Hotair.com:

Think of it as a Cash for Clunkers economic plan on a larger scale. The intention is to fool people into spending money in order to give the illusion of growth, and have that illusion somehow become reality through a process best known as FM; the M stands for “magic,” and you can guess what the F means. The problem is that the interventions run out of steam quickly without addressing the actual issues of income and asset value that drives organic consumer spending. Instead of increasing the size of the pie, we just cut it in different shapes.
The policies implemented in the early 1980s, in contrast, focused on generating growth in investment and income by reducing the government’s role in the economy and their bite out of it. That approach succeeded in long-term growth and prosperity by increasing the size of the pie. Critics scoff at this as “trickle-down economics,” but as the last two years showed, the Reagan approach worked while Keynesian Obamanomics has mainly generated nothing but short-term gimmicks and long-term stagnation

Thursday, November 18, 2010

What We Believe, Part 6: Immigration



The US has no real ethnicity, no unique language to unify us. What unifies this nation is the rule of law. Our nation is conceptually founded on the principle that a free people can set its own laws and those who wish to live free agree to abide by them. Laws that don’t work can be repealed or replaced through the open processes of representative government, and in some cases direct democracy (referendums, in some states). Those who break the laws of a free people should be subject to prosecution — and those who break the law of a free nation in order to gain entry into it should not profit from that lawbreaking.

Thus, illegal immigration and tolerance for it insults those who legally migrate to the US, a process almost everyone supports. It also insults the rule of law to offer those lawbreakers amnesty, especially a second time. Besides, securing the border is one of the few legitimate duties that the federal government has under the Constitution, and perhaps it should focus on doing that right before arrogating other authorities and jurisdictions to itself.

What We Believe, Part 5: Gun Rights

Bill addresses the plague of gun-related homicides found in the US by pointing out that the epicenters of such plagues rarely coincide with higher densities of legal gun ownership, which means guns are a secondary issue and not the primary cause. It’s impossible to encapsulate Bill’s argument in anything less than the efficient manner in which he does so in this video:

Wednesday, November 3, 2010

3 Reasons This Election Didn't Change A Thing



Sorry, but that's reality.  Let's not forget that it's lame duck season in Washington. It's up to the NEW Congress and the Senate in January to change this outcome.

Monday, November 1, 2010

What We Saw at the Stewart-Colbert Rally to Restore Sanity

This is sanity? The good stuff comes at 2:31 - 3:40, 3:45 -3:58, and 5:12 to the end. You really can't make this stuff up.