Category Archives: Economy

Economic Issues, Taxes, Capitalism

A Short Refresher Course On Trusting Government

Very good, very focused, and we need more of this:

Related:

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Another Proposal To Punish Success

A person named Abi Wilkinson wrote a piece for the UK Guardian with the title, “Why not fund the welfare state with a 100% inheritance tax?”

Posted under a banner that says this:

Inheritance tax
Utopian thinking

Apparently the Guardian has a regular section devoted to Utopian Thinking.

Britain is having trouble funding social programs. Naturally, rather than trying to cut costs or make them more efficient, thoughts go naturally to the confiscation of wealth.

‘Cultural norms teach us that the inheritance of private property is the default and any expropriation of this wealth must be justified. It should be the other way round.’ Photograph: Getty Images

Her proposal is fairly simple.

Morally speaking, people who stand to inherit large sums haven’t done anything to earn that money. An accident of birth placed them in a comparatively wealthy family and they’ve benefited from that their whole life. Some people who stand to inherit have struggled, true, but so have many people who won’t inherit anything at all.”

‘There’s some value in respecting the wishes of the dead, but why is that more important than social housing or healthcare?’ Photograph: Alamy Stock Photo

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NYT Covers Clashes In Venezuela…

… Without once using the term, “Socialism”. It’s a photo essay with descriptions. The people are upset about food an medicine shortages. What are the editors trying to protect?

“The Battle for Venezuela, Through a Lens, Helmet and Gas Mask”

Click to enlarge

CARACAS, Venezuela — Motley throngs of masked antigovernment protesters hurl rocks, fireworks and Molotov cocktails. The police and soldiers retaliate with tear gas, water cannon blasts, rubber bullets and buckshot.

An uprising is brewing in Venezuela.

Nearly every day for more than three months, thousands have taken to the streets to vent fury at President Nicolás Maduro and his increasingly repressive leadership.

These confrontations often turn into lopsided and sometimes lethal street brawls — more than 90 people have been killed and more than 3,000 arrested.”

More at the New York Times

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Good Question: “So why are you trying to stop them from hurting themselves?”

Aaron Clarey, AKA ‘Captain Capitalism’, asks this question in a screed on his website titled, “Why Major Metros Deserve $15 Minimum Wages and Municipal Income Taxes”

There’s been three major municipal events over the past year.

1. Seattle approved a $15/hour minimum wage.
2. Minneapolis approved a $15/hour minimum wage.
3. Seattle approved a municipal income tax on it’s richest citizens.

Republicans, libertarians, and other assorted “non-leftists” are in uproar over these items and tender the same, and correct, arguments against them. They will drive away businesses, employers, rich people, and others. They will lessen the amount of employment offered to the public. And they will actually hurt the poor, the disadvantaged, and the ADHDDHADHDDHD people’s the left so loudly claim to want to help.

It is a rare instance where the right is actually trying to help those on the left.

[…]

If you look at large metro areas they are predominantly populated by liberals, leftists, college students, and trust fund babies. And those that make enough money to be taxed in a municipal income tax are also likely goodie-two-shoes-obedient-leftist-sheeple who just can’t wait to buy some kamboucha at Pioneer Square.

So why are you trying to stop them from hurting themselves?”

I suppose it’s not the people he lists that we are trying to warn. The vast majority of the folks who live in those would-be Utopias are working-class people who can only afford to go out to Denny’s for dinner on a rare occasion. Those are the people who will find empty buildings one day in the future instead of the affordable meals they have gotten used to. It’s also the cooks, waiters, and bus people who will be laid off. The cost of everything will go up within the cities and the companies will relocate to areas not trapped by the new laws.

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Cruz Has The Right Answer

“Ted Cruz: if GOP can’t pass health care bill, then we need CLEAN REPEAL”

Republicans are looking at the prospect of failure of the GOP health care bill in the Senate, and Ted Cruz for one says if that happens, they need to seek a clean repeal.”

He is trying to leave the option open for the Congress to design a replacement, even if it takes a year or two. I say just repeal it. Ask yourself. What was wrong with American health care before the Affordable Care Act, Obamacare, was enacted? There were a few problems. For instance, health insurance was more expensive in some states than in others. That could be fixed by deleting the requirement that Americans buy only in the state where they live.

Obamacare made buying health insurance much more difficult, much more expensive, and it reduced coverage by dramatically increasing deductibles. I have friends in Arizona who have seen their Obamacare insurance premiums more than double in one year.

Admittedly, Obamacare was designed to fail. Democrats believed they could hold power long enough to convert the failing act to single-payer universal health care like what exists in Britain. Unfortunately for them, but fortunately for the country, they did not hold power. American voters rejected them and their big government pipe dreams.

The right way to handle Obamacare is to repeal it. Period. Afterwards the Congress and the states can fix the few problems that existed like buying across state lines. The insurance companies can issue policies without being forced to cover pre-existing conditions or having to follow the silly, destructive rules that were written into the ACA.

More about Senator Cruz’ plan here

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Next Step: Junk Bond Status For Illinois

“Democrats Override Illinois Gov’s Tax Hike Veto”

But, hey, it was only a five billion dollar tax increase.

Illinois Gocernor Rauner (R)

$5 billion tax hike preferred by Democrats over tightening budget.

Democratic lawmakers voted 71-42 to override Republican Gov. Bruce Rauner’s veto of a $5 billion tax hike on Thursday.

Illinois has been in a budgetary showdown to address a $6.2 billion deficit, as well as nearly $15 billion in unpaid bills and hundreds of billions of dollars in unfunded retirement benefits for state workers.”

The only adult in the state was just told to sit down and shut up.

More from the Washington Free Beacon

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No Wonder Illinois Is In Big Financial Trouble

The tweet below was sent by Illinois State Representative Emanuel Chris Welch. It plainly shows how stupid the Illinois finance people are.

Emanuel Chris Welch

“‘ILLINOIS MATH’ IN ONE TWEET”

The Illinois General Assembly is incompetent with numbers and finances.

The Statehouse is packed with lawmakers who either don’t understand the state’s financial problems or are unwilling to admit the insurmountable debts they’ve racked up.

This truth came to light yet again after state lawmakers voted to pass a 32 percent income tax hike on taxpayers. Numerous lawmakers defended their position, including state Rep. Emanuel Chris Welch, D-Hillside. Welch took to Twitter July 3 to proclaim that raising the income tax to 4.95 percent from 3.75 percent was merely a 1.2 percent increase, not a 32 percent increase as Gov. Bruce Rauner said.”

From Illinois Policy

How the people of Illinois feel

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Things Are Getting Serious In Illinois

It looks like the city of Chicago hasn’t paid the company that produces traffic tickets for their police to issue. There are no more tickets for them and no more on the way:

From Second City Cop

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Pulling The Flush Lever In Minneapolis

Doing the same idiotic thing and expecting a different result. Factually challenged progressive council members will feel good fora short while – until the laws of economics take control. But by then most of them will no longer be council members. They will be Congress members. Think about that, Minnesotans.

“Minneapolis City Council Ignores Damning Seattle Study, Passes Its Own $15 Minimum Wage”

A week after the release of a study revealing the high cost of Seattle’s minimum wage, the Minneapolis City Council rammed through a $15 minimum wage over the strenuous objections of workers and businesses.

The council voted 13-1 in favor of a tiered minimum wage roll-out schedule for large and small businesses modeled closely on Seattle’s. The first of the wage increases will kick in in January 2018.”

More at Reason Magazine

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Jeff Zucker Has Run CNN Into The Ground Because Of His Hate For Donald Trump…

… And now it looks like he may be out of a job. There is a deal in the works. AT&T is in the process of buying Time-Warner. Time Warner owns CNN. Time Warner is run by people who want to make money for their share holders.

“CNN boss in crosshairs if AT&T-Time Warner merger approved”

Heh. More ‘Crosshairs’ talk.

Jeff Zucker

AT&T will look to “neutralize” CNN President Jeff Zucker after it buys Time Warner, The Post has learned.

The buzz from the telecommunications giant comes as CNN is being slammed for highly publicized missteps — including botched reports tied to the federal probe of possible collusion between President Trump’s campaign and Russia, according to three sources familiar with the thinking of AT&T brass.

The missteps, which also include a profane anti-Trump tweet by Reza Aslan, a CNN host, have made CNN too polarizing an asset for execs at the blue chip company, a source said.”

Time Warner has share holders, too. Now that this problem with the direction Zucker has been taking CNN has been addressed, even if the sale does not happen, look for Time Warner shareholders to demand a change in order to increase profits.

More from the New York Post

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Illinois Is In Terrible Financial Shape And The Proposed Solution Is More Democrats

Illinois’ economy is controlled by the political machine in Chicago. It has been for a very long time. The Democrats in Second City have spent money like no other city in the country.

The headline of the article, below, is deceiving. It promises to tell how Illinois became a failed state but the article doesn’t tell us how. Instead it an indictment of Illinois’ Republican Governor.

“How Illinois became America’s failed state”

Democrats have flooded the primary to challenge GOP Gov. Bruce Rauner. | Getty

Illinois has compiled $14.6 billion in unpaid bills. It’s running a deficit of $6 billion and its pension liability has soared to $130 billion.

That’s not the worst of it. The state’s nearly two-year failure to pass a budget has sent its bond ratings careening toward junk level, downgraded a staggering eight notches below most other states.

[…]

Democrats have flooded the primary to challenge GOP Gov. Bruce Rauner, with billionaire J.B. Pritzker among them. Pritzker has already poured $14 million into his campaign for a general election that’s still 15 months away.”

More at Politico

Related: “FBI Wiretap Reveals J.B. Pritzker’s Corrupt Dealings with Rod Blagojevich”

Pritzker, Blagojevich

From here

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Canadians Are Objecting To Spending Taxpayer Money On A Giant Rubber Duck

“‘What the duck?!’: Cost of giant rubber duck that’s coming to Brockville under fire”

A giant rubber duck coming to Brockville this summer as part of the Ontario government’s celebrations of Canada’s 150th anniversary has taxpayers taking a bath, says a provincial politician.

Ontario PC MPP Vic Fedeli said the $200,000 duck tour – more than half of it covered by Ontario – is a sure sign of a government with “messed up” priorities.

“I cannot imagine what the rubber duck’s connection is to the 150th,” Fedeli said. “They’re laying off frontline health-care workers right across Ontario … They can’t find money for alternative level of care beds, but they can find $200,000 for some kind of a duck promo?”

More here

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“S&P, Moodys Cut Illinois To Near Junk, Lowest Ever Rating For A U.S. State”

You can bet the Einsteins that run the state will expect a bailout from Washington.

The monetary problems plaguing the state of Illinois (not to mention its public pensions) have been widely documented here over the past few years, and today the rating agencies finally noticed, when in the span of a few hours, first S&P, then Moody’s downgraded Illinois to BB+/Baa3, respectively, both just one notch above junk, the lowest rating ever given to a U.S. state, as both agencies cited a long-running political stalemate over a budget shows no signs of ending.”

More at Zero Hedge

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Illinois Is Pushing People To Leave

Really. They can’t keep taxing the productive and expect them to stay. The state is run by short-sighted Democrats. They don’t care about how their decisions will affect the future.

“Illinois’s ‘Privilege Tax’ Proposal Forgets Citizens’ Right to Leave”

“The state can’t even pass a budget, but it wants to put a new 20% levy on fees to financial professionals.”

Chicago is becoming Detroit

Proponents here call it the “privilege tax.” In their continuing quest to punish the productive areas of the economy, liberal groups are pushing legislation in blue states that will force finance professionals to pay up—or move out.

The Illinois bill would put a 20% levy on fees earned by investment advisers. It passed the state Senate in a 32-24 vote Tuesday, and backers are hoping to get it through the House before the legislative session ends May 31.

The new tax is pitched as a way to squeeze more revenue—as much as $1.7 billion a year—from hedge funds and private-equity firms, which purportedly get off easy on their federal taxes because of the “carried interest loophole.” But under the current version of the bill, Illinois would keep collecting the privilege tax even if Congress were to cease taxing carried interest at the lower capital-gains rate.”

More at the Wall Street Journal

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That Sounds Like A Lot Of Money

“World’s Major Economies to Come up $400 Trillion Short on Retirement Savings”

Longer life spans and disappointing investment returns will help create a $400 trillion retirement-savings shortfall in about three decades, a figure more than five times the size of the global economy, according to a World Economic Forum report.

That includes a $224 trillion gap among six large pension-savings systems: the U.S., U.K., Japan, Netherlands, Canada and Australia, according to the report issued Friday. China and India account for the rest.”

More at Bloomberg

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World Hacked By Leaked NSA Cyber-Super-Weapon

IN MID-APRIL, an arsenal of powerful software tools apparently designed by the NSA to infect and control Windows computers was leaked by an entity known only as the “Shadow Brokers.” Not even a whole month later, the hypothetical threat that criminals would use the tools against the general public has become real, and tens of thousands of computers worldwide are now crippled by an unknown party demanding ransom.

For a real-time active attack mapper, Click here.(very cool graphic interface)

It turns out the malware was stopped by accident.

“I was out having lunch with a friend and got back about 3pm and saw an influx of news articles about the NHS and various UK organisations being hit,” he told the Guardian. “I had a bit of a look into that and then I found a sample of the malware behind it, and saw that it was connecting out to a specific domain, which was not registered. So I picked it up not knowing what it did at the time.”

The kill switch was hardcoded into the malware in case the creator wanted to stop it spreading. This involved a very long nonsensical domain name that the malware makes a request to – just as if it was looking up any website – and if the request comes back and shows that the domain is live, the kill switch takes effect and the malware stops spreading. The domain cost $10.69 and was immediately registering thousands of connections every second.

MalwareTech explained that he bought the domain because his company tracks botnets, and by registering these domains they can get an insight into how the botnet is spreading. “The intent was to just monitor the spread and see if we could do anything about it later on. But we actually stopped the spread just by registering the domain,” he said. But the following hours were an “emotional rollercoaster”.

“Initially someone had reported the wrong way round that we had caused the infection by registering the domain, so I had a mini freakout until I realised it was actually the other way around and we had stopped it,” he said.

MalwareTech said he preferred to stay anonymous “because it just doesn’t make sense to give out my personal information, obviously we’re working against bad guys and they’re not going to be happy about this.”

People are scared of nuclear war, terrorism, and all manner of bogeyman, but I tell you tis – our civilization will be undone by technology. You read that right. I’m saying that the very technology which enables our life of ease, will be our undoing, and it will most-likely be facilitated by some bullshit gov’t code that was leaked into the wild.

The terrifyingly awesome things our government is capable of doing, can also be done by 12 year olds … in their Mom’s basement.

As an aside,”Why is the NSA ransoming computers?”…

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Solar Panel Company Files For Bankruptcy Despite Getting Lots Of Your Money

Another Obama pipe dream fails. The government just can not make winners out of losing proposition. This time they only wasted two hundred million.

“Largest US Solar Panel Maker Files For Bankruptcy After Receiving $206 Million In Subsidies”

The ongoing price erosion and the development of the business” has left the company “over-indebted and thus obliged to file for insolvency proceedings,” SolarWorld, which is also the largest U.S. solar panel maker, said in a statement.

The filing comes after SolarWorld was forced to lay off employees earlier this year. The company employs around 3,000 people, including 800 in Hillsboro, Oregon, and was one of the few German-based solar companies to survive a recent market downturn.

SolarWorld is only the latest bankrupt solar company to blame the Chinese. U.S.-based Suniva Inc. filed for bankruptcy in April, also citing stiff competition from Chinese solar panel makers.”

From the Daily Caller

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What Do You Call Firing 2,300 Bureaucrats? A Good Start.

But it’s only three percent of the staff.

“Tillerson Cuts 2,300 Jobs From Bloated State Department”

Tillerson

Secretary of State Rex Tillerson has begun fulfilling President Donald Trump’s mission to reduce the size of government and save taxpayers a boatload of money by proposing to eliminate 2,300 jobs at the State Department.

If implemented, the plan would trim the State Department’s budget by more than a quarter and its staff by approximately 3 percent, according to The Associated Press.

The majority of the job cuts would be attained through attrition, or the process of waiting for employees to simply retire, while the remainder would be acquired via buyouts. As noted by The AP, buyouts would be offered first to employees over the age of 50 who have at least two decades of government service under their belts.”

More at Conservative Tribune

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It Starts Now

Import tariffs are being used by Trump administration as weapons.

“Trump Administration Plans to Impose 20% Tariff on Canadian Softwood-Lumber Imports”

The U.S. plans to impose a 20% tariff on imports of Canadian softwood lumber, effective retroactively. Above, a worker stands on lumber at Delta Cedar Products in Delta, British Columbia. PHOTO: DARRYL DYCK/THE CANADIAN PRESS/ASSOCIATED PRESS

The Trump administration is taking retaliatory action against Canada over a trade dispute, moving to impose a 20% tariff on softwood lumber that is typically used to build single-family homes.

In an interview Monday, Commerce Secretary Wilbur Ross said the tariff will be applied retroactively and imposed on Canadian exports to the U.S. of about $5 billion a year. He said the dispute centers on Canadian provinces that have been allegedly allowing loggers to cut down trees at reduced rates and sell them at low prices.”

Retroactively.

More at the Wall Street Journal

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How Does That Work, Chuck?

Chuck Schumer is quoted in Politico talking out of both sides of his mouth.

“Schumer to GOP: Funding the wall means government shutdown”

Chuck Schumer’s message comes the day after he and fellow Senate Democratic leaders wrote to Majority Leader Mitch McConnell with a similar message. | AP Photo

So, Senator Schumer says Democrats will shut down the government if their demands are not met. Here’s more:

Senate Minority Leader Chuck Schumer warned Republicans on Tuesday that they’d risk a government shutdown if they try to attach money for President Donald Trump’s U.S.-Mexico border wall to a must-pass bill to keep the government open. The same applies to any attempt to defund Planned Parenthood, Schumer said.”

So then he tries to blame a shutdown on Republicans:

The New Yorker’s message came the day after he and fellow Senate Democratic leaders wrote to Majority Leader Mitch McConnell (R-Ky.) with a similar message. Schumer’s warning grew starker on Tuesday, as he began to try to blame Republicans if a shutdown occurs.

“If they put these poison pill amendments in and try to shove them down the American people’s throat,” Schumer told reporters, “of course they might be responsible for shutting the government down.”

Of course the media is running with his effort to blame Republicans. No one is saying that it’s the Dems who are doing the threatening. No one except Mitch McConnell:

McConnell also noted the irony of the turnabout for Democrats, who savaged the GOP for its role instigating the 2013 government shutdown under former President Barack Obama.

“I’m amused by the Democrats apparently warming up to the idea that threatening to shut down the government is a good idea,” he said.”

The solution to all this is to pass a proper budget so ‘Continuing Resolutions’ are no longer needed.

Read it all at Politico

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Will The Last Person To Leave California Please Turn Out The Lights?

“California’s cap-and-trade program survives a legal battle in a win for Gov. Jerry Brown and environmentalists”

This is great news for one of the world’s most ambitious climate programs and one of the best tools to solve climate change globally,” said Erica Morehouse, a lawyer with the Environmental Defense Fund. “We need that kind of positive news more than ever these days.”

[…]

The program has also been an important source of revenue for the state, with billions of dollars generated by auctioning off pollution permits. The money is required to be used on projects that reduce emissions, and Gov. Jerry Brown is counting on some of it to help finance the bullet train from Los Angeles to San Francisco.”

Read the rest at the LA Times

Mary Nichols, chair of the California Air Resources Board, oversees the cap-and-trade program that was upheld by a state appeals court on Thursday. (Irfan Khan / Los Angeles Times)

Related: “California Senate just passed a new gasoline tax”

The legislation, for which final details were unveiled last week, would raise the base excise tax on gasoline by 12 cents per gallon, bringing it to 30 cents. Another variable excise tax would be set at 17 cents.

The excise tax on diesel fuel would jump 20 cents per gallon and the sale tax on diesel would go up four percentage points. Electric cars would pay a $100 annual fee.

The package also creates a new, annual vehicle fee ranging from $25 for cars valued at under $5,000 to $175 for cars worth $60,000 or more.”

Again from the LA Times

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It Appears Trump Had A Very Good Meeting With China’s Xi

There are a couple of stories this morning about the outcome. Reuters has this:

“China, South Korea discuss more sanctions on North Korea amid talk of Trump action”

South Korean Foreign Minister Yun Byung-Se (R) walks with Wu Dawei (L), China’s Special Representative for Korean Peninsula Affairs, and Kim Hong-Kyun (C), South Korea’s representative to the six-party talks, after their meeting in Seoul, South Korea April 10, 2017. REUTERS/JUNG Yeon-Je/Pool

Then there is this story about US-China trade. The word ‘Huge’ is hyperbole. But it’s a word Mr. Trump likes to use.

“China Caves: Trump Wins Huge Trade Concession”

It is being reported that Beijing is offering the Trump Administration greater market access to avoid an all-out trade war between the two powers.

The Financial Times claims that these concessions are not all that difficult for Beijing.

At present, foreign investors cannot hold a majority stake in securities and insurance companies in China. The country’s largest companies in these sectors, such as Citic Securities and China Life Insurance, have achieved enormous scale in the 15 years since the world’s second-biggest economy joined the World Trade Organization, making them formidable competitors for new entrants to the market.”

Apparently China is also planning to end the 14-year ban on United States imports, as well as purchasing more grain from America in an attempt to ease escalating trade tensions.”

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New Audit Of HUD Reveals Half A Trillion Dollars Lost During Two Years Of Obama Administration

Wait until the other departments are audited.

Here is the 126 page report.

An excerpt from page 3:

This report presents our reissued independent auditor’s report on HUD’s
fiscal years 2016 and 2015 (restated) consolidated financial statements, including an update to
our report on HUD’s internal controls.

What We Found

The total amounts of errors corrected in HUD’s notes and consolidated financial statements were
$516.4 billion and $3.4 billion, respectively. There were several other unresolved audit matters,
which restricted our ability to obtain sufficient, appropriate evidence to express an opinion.
These unresolved audit matters relate to (1) the Office of General Counsel’s refusal to sign the
management representation letter, (2) HUD’s improper use of cumulative and first-in, first-out
budgetary accounting methods of disbursing community planning and development program
funds, (3) the $4.2 billion in nonpooled loan assets from Ginnie Mae’s stand-alone financial
statements that we could not audit due to inadequate support, (4) the improper accounting for
certain HUD assets and liabilities, and (5) material differences between HUD’s subledger and
general ledger accounts. This audit report contains 11 material weaknesses, 7 significant
deficiencies, and 5 instances of noncompliance with applicable laws and regulations.”

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When Democrats Threaten To Shut Down The Government Media Blames It On Republicans

When Republicans talked like this the media and the Democrats accused them of threatening to shut down the government. Now that Democrats are doing it it is being praised.

Another thing: When Harry Reid was Majority Leader he never let a budget be passed. The country had to exist on ‘Continuing Resolutions. Every time another on became necessary and members of the GOP tried to get conservative values included he was bludgeoned with the ‘Threatening to shut down government’ accusation. Not true now that Democrats are doing it. Instead they are continuing to use it against Republicans.

From the Washington Pos:

“Democrats have a new and surprising weapon on Capitol Hill: Power”

Senate Minority Leader Charles E. Schumer (D-N.Y.) and House Minority Leader Nancy Pelosi (D-Calif.) speak at a March news conference. The two have found their party fortified by the GOP’s increasing openness to Democratic help in avoiding a government shutdown. (J. Scott Applewhite/AP)

It turns out that Republicans need the minority party to help them avoid a government shutdown at the end of April, when the current spending deal to fund the government expires. And Democrats have decided, for now at least, that they will use their leverage to reassert themselves and ensure the continued funding of their top priorities — by negotiating with Republicans.

“I think we have a lot of leverage here,” said Sen. Chris Van Hollen (D-Md.). Republicans “are going to need our help putting together the budget, and that help means we can avoid some of the outrageous Trump proposals and advance some of our own proposals.”

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Evidence? See Detroit, Chicago, and California

There really is something to the crushing effects that social support programs have on the human spirit. People who are trained to seek safety over opportunity will not pursue efforts to better their economic and emotional situations. Early Democrats like Lyndon Johnson knew that and said so. His choice was to use the power of the federal purse to enslave minority Americans in a welfare system that they could no escape in exchange for their votes. The same can be said of social programs at state and local levels. Johnson led the way and Mayors, Governors, and Congress people followed. Now we are seeing an exodus of producers, leaving behind the non-producers.

All this safety stuff costs a lot of money and it is being taken from those who make money. Is it surprising that they are moving to more favorable economic climates?

“Migration Data: Where the Left Governs, Citizens Flee”

People Moving from New York Outnumber Arrivals by Nearly Two-to-One, Report Says.”

That was a recent Albany Times Union headline highlighting the ongoing mass exodus from deep-blue New York:

United Van Lines reported Tuesday that nearly two-thirds of the moves involving New York households were outbound, a higher proportion than any other state except New Jersey and Illinois. The 2016 National Movers Study by Fenton, Missouri-based United also found that almost 59 percent of the moves within the eastern United States were outbound. Where were people moving? Mostly to western states and the Carolinas… South Dakota had the highest share of inbound moves, at 68 percent.

That exodus pattern isn’t limited to the listed states, either. It’s broadly endemic to states where liberals govern.”

This is from an article at the Center For Individual Freedom

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