Flint’s Blue Model Crisis - The American Interest: "The Democratic presidential candidates earned applause last night for denouncing Michigan Governor Rick Snyder’s handling of the Flint situation. But have any of them offered a plan for addressing the underlying cost problems plaguing Flint and other Democratic-controlled urban areas? As we’ve written before, the federal government will likely need to get involved, at some point, with the deepening budgetary disasters plaguing these cities. But this involvement must be guided by the concept of relief-for-reform, in which the bankrupt cities get limited assistance in exchange for real changes to the policies that led to this mess. Those policies include, but aren’t limited to, high wages and pension promises (usually underfunded) for unionized public employees, zoning restrictions, enterprise-killing regulations, unrealistically high levels of tax combined with “exemptions” and carve-outs for crony capitalist special interests, and an overstuffed bureaucracy to give jobs to the politically well-connected.The Democrats are comfortable talking about more money for American cities, but not so much about that whole reform idea—at least, not yet."
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This is a blog on economics and politics from the perspective of a microeconomist of the Austrian school of thought who works in market research.
Monday, January 18, 2016
Friday, January 15, 2016
Here we go: Cruz planning new attacks on Trump to expose his liberal record « Hot Air
Here we go: Cruz planning new attacks on Trump to expose his liberal record « Hot Air: "They’re framing this, cleverly, in Trumpian terms. Trump likes to say that he never attacks, he only counterpunches. A man who attacks without provocation is a bully; a man who counterpunches is simply defending himself. We’re the ones counterpunching now, though, says Team Cruz. It was Trump who hit us below the belt by attacking Cruz’s eligibility. The bully wanted a fight and now he’s got one.
Buckle up."
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Buckle up."
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White House: The only people upset that Iran freed our sailors quickly are Republicans for some reason « Hot Air
White House: The only people upset that Iran freed our sailors quickly are Republicans for some reason « Hot Air: "Whether or not it’s technically illegal under international law, can we agree that airing the apology of an American sailor is an attempt to embarrass the United States? No, of course we can’t agree, per the Free Beacon clip posted below. Agreeing on that would mean acknowledging hostility from Iran, and the White House will do anything — really, anything — to avoid that so that its years-long outreach isn’t exposed as folly. Exit question: According to CNN, the sailors were reportedly told to “act happy,” evidence that they were under duress. Why are we celebrating this as a diplomatic victory if “diplomacy” involves threatening American servicemen somehow?"
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Family Feud - WSJ
Family Feud - WSJ: "If you arrive at the conclusion that other people are to blame for your problems, chances are you’ve been searching something other than your soul."
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Wednesday, January 13, 2016
State of Disunion - WSJ
State of Disunion - WSJ: "Toward the end, he observed: “A better politics doesn’t mean we have to agree on everything.” But as the above, far-from-conclusive list demonstrates, he demands agreement on a hell of a lot."
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Another Clinton of no substance or accomplishments hits the campaign trail « Hot Air
Another Clinton of no substance or accomplishments hits the campaign trail « Hot Air: "Now, however, the worm has turned. If she’s going to go out, put on the gloves and start taking shots then she has placed herself on the playing field in our American Game of Thrones. And like any other surrogate out there making the case for a candidate or policy, she is open to the same scrutiny as every other Democrat spokesperson on the trail. What do they bring to the table? What is their background which lends credence to their advocacy? In the case of Chelsea Clinton it’s an easy question to answer: nothing. A big, fat zero. Chelsea Clinton is a young woman of privilege with little or no accomplishments to her credit and no real substance to champion any cause. After high school she gained admission to a prestigious university (Stanford) which may well not have even given her a second look had her surname been anything else. She’s gotten a series of very well paying “jobs” in the media and with her parents’ foundation, none of which would have been possible without the strong arm of her mother and father. She had the world handed to her on a silver platter and really hasn’t had to work for a thing in her entire life. And now she wants to lecture all of the “hard working people” of America."
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Wednesday, January 6, 2016
Wage Gap Myth Exposed -- By Feminists | Christina Hoff Sommers
Wage Gap Myth Exposed -- By Feminists | Christina Hoff Sommers: "Women's groups will counter that even if most of the wage gap can be explained by women's choices, those choices are not truly free. Women who major in sociology rather than economics, or who choose family-friendly jobs over those that pay better but offer less flexibility, may be compelled by cultural stereotypes. According to the National Organization for Women (NOW), powerful sexist stereotypes "steer" women and men "toward different education, training, and career paths" and family roles. But are American women really as much in thrall to stereotypes as their feminist protectors claim? Aren't women capable of understanding their real preferences and making decisions for themselves? NOW needs to show, not dogmatically assert, that women's choices are not free. And it needs to explain why, by contrast, the life choices it promotes are the authentic ones -- what women truly want, and what will make them happier and more fulfilled."
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