Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Monday, December 26, 2011

Income Inequality is Caused by the 99%



It is an inconvenient truth that income inequality is not caused by the 1%, but by the growing segment of society which lacks marketable skills and education. According to the San Francisco Chronicle, 40% of babies are born to single moms and each year half a million teens have children. Are Republicans the only ones who think this is a problem?

A study in Sweden found that single-parent children were twice as likely to have serious health problems, addictions, mental illnesses, and to commit suicide. This was not a right-wing hate study. Of course, other studies have found the same problems here which are contributing to a rapidly growing underclass that requires ever-increasing support services such as day care, Medicaid, housing assistance, and remedial education, to name just a few chronic and increasing problem areas. Will these problems go away if we avoid looking at a primary root cause? That’s what we’ve been doing, and it’s only getting worse.

Unemployment is bad at 8.6% (12% in California), and only looks like it is getting better because of seasonal hiring. However, good jobs go unfilled because Americans don’t have the education, skills, or required willingness to work. Many high-tech, high-paying jobs go begging unless businesses can hire foreign workers. In Wyoming (3.5% unemployment) over 16,000 high-paying energy jobs go unfilled because Americans are unwilling to relocate and work hard. Fifty years ago in Point Arena many of us worked at jobs that only illegal immigrants will take now, which depresses wages for unskilled and undereducated Americans, including college graduates.

The cartoon “Zits” summed it up nicely: Jeremy wants to major in music theory to “totally justify playing in a band while racking up $100,000 in student loans and graduating with minimal marketable skills.” Unfortunately, he’s not alone.

Thursday, April 21, 2011

Which is the Old, and which is the New? James Cameron shows Arnold "The Way"

I guess Cameron thinks wind and solar are new, and hydro is old. Actually, wind, solar, and hydro are all old. Each has huge environmental and societal liabilities. Hydro floods useful land and displaces its inhabitants, and wind and solar use huge amounts of scarce resources - including useful land - degrade the environment, don't produce energy cost effectively, relaibly, or efficiently, and produce nothing at all without government subsidies at the beginning and throughout the life of the wind and solar installations. Among the three, hydro makes the most sense because it is reliable, dispatchable, and controllable, and is generally cost effective. It also provides what developing nations need most, abundant energy to fuel their economic growth.
What can the world learn from our former California Governor Schwarzenegger?
As a Californian, and a one-time supporter of his election to governor, I am well qualified to answer my own question.
Governor Schwarzenegger was a total failure as governor of California. Among many fundamental errors he made was his mindless pursuit of green-energy jobs. They weren't created, and California had one of the highest rates of unemployment at over 12% in the United States. When the number of job seekers who dropped out of seeking employment because of frustration are counted, the actual unemployment rate doubled.
California's wind and solar farms are expensive, taxpayer subsidized, inefficient, and ineffective. They show no sign of ever being better than their current level of abject failure.
I lived within view of the wind farm at Altamont Pass for nine years. Besides not producing enough energy, even at highly subsidized rates, to avoid bankruptcies of their owners, the only thing the wind turbines did on the rare occasions their blades were turning was to kill rare eagles, raptors, and bats. And to be a much too visible eyesore on what should have been pristine views of rolling hills.
Only desperate fools seek guidance from the "Governator," whose only claim to fame is how he made California even worse than he found it.

Sunday, April 10, 2011

Putting the "Own" back in Homeowner

The Wall Street Jounal had an almost great article about home ownership, or how little most of own after years of making mortgage payments. Putting the "Own" back in Homeowner One of my pet peeves is the mortgage interest deduction, which encourages us to never pay off our mortgages.

The mortgage interest deduction makes no sense, and I'm in real estate. In fact, no incentives to home ownership make any sense. We need to have a mobile workforce to satisfy rapidly changing job market needs, not only in skills, but in geography. Right now the collapsed housing market in rural Northern California has many people trapped far away from the best job markets. If they leave they're forced to sell their home at a great loss, or rent it and suffer negative cash flow while trying to make rent or house payments at their new place of employment..


Home mortgage interest deduction makes as much sense as not taxing employer-provided health insurance as compensation. Where do we keep coming up with these dumb ideas? Oh, that's right, we don't. Politicians do, then buy our votes.

Tuesday, March 15, 2011

Public Employee Union Thugs in Wisconsin

Recently a news service headlined that as a result of their defeat in Wisconsin, unions vow to target Republicans. When did the news equivalent of “dog bites man” become headline worthy?

In Wisconsin some police, firefighter, and teacher union leaders sent a letter (click here) to local businesses that contributed to Governor Scott Walker, threatening that these businesses publicly support the unions or: “In the event that you cannot support this effort to save collective bargaining, please be advised that the undersigned will publicly and formally boycott the goods and services provided by your company.”

Translation: “We’re going to make them an offer they can’t refuse.”

FDR, who opposed public employee unions, is rolling over in his grave.

Is ending public employee collective bargaining that critical for getting budgets under control? Yes, and a liberal columnist for the San Francisco Chronicle, Chip Johnson, proved this point (in this article, Oakland police, firefighter pay devouring budger) using a database of local government salaries and compensation compiled by state Controller John Chiang's office. In Oakland, current pay and pension costs of police and firemen are pushing everything else out of Oakland's budget. Even the police budget: over 80 recently hired and trained policemen had to be laid off, still leaving Oakland with a $46 million budget deficit. One reason for police layoffs: the Oakland firefighters’ contract ensures no layoffs, minimum staff requirements aboard fire trucks, and no station closures. One union dog eats the other.

But the police aren’t complaining, although Oakland residents are; eight of the ten highest paid in Oakland are police, and 440 of the 500 highest paid are police and firemen.

Wisconsin taught a valuable lesson that should benefit both Democrats and Republicans. If you don’t like the way the game is going, and you grab the ball and run away, it only works if your opponents don’t have any to spare.

Tuesday, March 08, 2011

California Democrats Say Financial Mess is Republicans' Fault

Extra! Extra! Read all about it! Governor Brown missing budget deadline! Republicans’ fault!


Brown isn’t getting the two Republican votes each in the Senate and the Assembly he needs to call a special June election for voters whether to extend taxes. It’s Déjà vu all over again. In May 2009 Governor Schwarzenegger got the votes and put tax-increase propositions on the ballot. The voters defeated them 2 votes to 1. Then, as now, Democrat politicians said that if the propositions didn’t pass then drastic cuts would be made to education and health services. Then, as now, none were.

Now the sorry state of California’s finances are the Republicans’ fault, even though Republicans for years haven’t had enough votes to raise or lower anyone’s taxes, or to either cut or raise spending. Blaming Republicans is like blaming the street sweeper after the horse parade for all the manure on the road. Believe me, he wishes it never got there in the first place.

Republicans are trying to use the only clout they have to get the majority Democrats to work on the problem. From what has been in the news recently, so far the Democrats haven’t found one program that could stand even the slightest cut. “Cut spending? We need to raise it!” they cry, as they fall in line behind “Economist” Paul Krugman of the New York Times.

Governor Brown talks some spending cuts, but he knows that even if he gets the tax extensions on the ballot, and by some miracle they pass, he still won’t be able to wring promised spending cuts from the Legislature. Even his seizure of redevelopment funds, which cities like Santa Rosa are working hard to circumvent, only moves spending from one account to another.

More smoke and mirrors.

Sunday, February 20, 2011

A Ridiculous Budget Proposal

Obama’s Defense budget request for fiscal year 2011 is $549 billion, plus $159 billion for Iraq and Afghanistan. The federal deficit for 2011 will be $1.5 trillion, an increase of $200 billion. If all defense spending were eliminated, the deficit would still be $792 billion (almost twice any deficit 1946 through 2008). Defense cuts totaling $78 billion have already been proposed by the Pentagon, roughly equal to Social Security’s deficit for 2011 but not its ten-year $600 billion deficit.


We could eliminate defense R&D, $79 billion for 2011. However, liberals paradoxically remind conservatives of innovations from government expenditures, but overlook that almost all were military related: the Internet (sorry Al), GPS, cell phone, satellites, jet aircraft, space exploration, &etc.

We could save a large portion but not all of $138 billion by firing all defense department personnel. You would still be stuck with paying about $60 billion for retired military and Defense Department civilians. Of course that would save an additional $200 billion, because without people you don’t need to pay for operating and maintaining all of their bases and equipment.

This exercise is ridiculous, and only Liberals take it seriously. My point is that the defense budget-cutting Devil is in the details. Cutting waste and unnecessary expenditures is always a good idea, but I remember the political battle over closing unnecessary military bases 1988-1995. Dovish Senator Boxer became a Defense hawk trying to save over twenty unneeded California military bases.

Entitlements (Medicare and Social Security), bloated federal agencies (Commerce, Education, Transportation), and the upward-spiraling costs of ObamaCare are the real uncontrolled spending. The President and Democrats should stop trying to exploit these issues for political gain and work with Republicans to cut spending.

Democrat Double Standards

Democrats applying double standards is nothing new, but events of the past week have made them starkly clear. Republicans trying to make a tiny 0.017% cut in the federal budget are assailed for bringing the country to its knees on one hand by Democrats, and on the other hand Democrats call Republicans cowards for not being true to their vows to cut even more. The tiny Republican minority in California is given full responsibility for not leading California out of its dreadful budget mess, even though the only thing Republicans can do is stop a tax increase. When California voters were last given the opportunity to raise taxes in May 2009:


“By a margin on nearly 2 to 1, Californians rejected a package of propositions that would have extended increases on the income, sales, and car taxes; shifted money from dedicated funds; and borrowed against lottery revenues. The taxes would have shaved $6 billion off a $21 billion budget shortfall stemming from a decade-long unwillingness to match desired spending and expected revenues.”

Minority Republicans, not the overwhelming majority Democrats, are the ones reflecting the will of Californians.

Republicans can’t cut spending – only Democrats can.

When Republicans are in the majority – Wisconsin for example – their courageous attempts to cut spending are met by Democrat desertion of the democratic process, aided and abetted by unethical behavior by Democrat doctors and teachers. According to the AP, Wisconsin doctors have passed out hundreds of notes to excuse public employee work absences without examination; “they seem to be suffering from stress.” Madison family physician Lou Sanner said his notes are “as valid as any other work note I’ve written for the last 30 years.”

Fraudulent doctors and teachers. Just the sort of leaders the youth of America can look up to.

Tuesday, January 25, 2011

What's The Problem?

I read somewhere that when Dustin Hoffman heard an ad for pills to treat erectile disfunction that cautioned: "Seek medical attention for an erection lasting longer than four hours," he commented "What's the problem?"

That was my reaction when I read a Reuters news release about Republicans proposing legislation to allow states to seek bankruptcy protection because of enormous, unfunded, unsustainable public employee pension laibilities. Some govenment analysts "are concerned that opening up a bankruptcy option would spook the buyers of state debt, driving up interest rates and making borrowing more expensive."

What's the problem?

Not doing anything about these enourmous, unfunded, unsustainable public employee pension liabilities won't make them go away.

A federal bailout won't make them go away.

Slashing other state services to the bone - education, health care, road repairs, libraries, &etc. - won't make them go away.

Even eliminating them entirely won't make them go away.

In fact, the only effective treatment is the immediate termination of existing public employee pension contracts (defined benefits), and their replacement with defined contribution plans.

Anything else is like coitus interruptus - as ineffective for budget control as coitus interruptus is for birth control, and less satisfying.

Monday, November 15, 2010

Swept Away and Sinking Fast - Democrat "Leadership"

Nancy Pelosi and Democrat leadership permanently reside in “Fools’ Paradise.” The chairmen of President Obama’s fiscal commission just released a report proposing sweeping changes to Social Security, Medicare and the tax code. The plan would reduce the deficit by nearly $4 trillion over the next decade by making dramatic spending cuts and overhauling the tax code by lowering tax rates while wiping out some deductions, such as for mortgage interest. Pelosi and union leaders called it “simply unacceptable.”

What is acceptable? Drowning in our current raging, rising deficits? At the Federal level, unfunded liabilities for Medicare/Medicaid and Social Security total over $80 trillion, roughly six trillion more than the world’s gross annual product. For state and municipalities, indebtedness plus unfunded public employee pension liabilities exceed four trillion dollars, or $41,000 per household. Very soon every tax dollar will be consumed by entitlement programs. You want to increase funding for education by cutting the military budget? No problem; military spending will have to be cut – to zero! But so too will funding for education, parks, transportation, police, fire, libraries; everything but entitlements will have to be eliminated.

Is there a way out? Yes, states and municipalities can default on their debt payments. “Experts” who say this won’t happen consider only bonded indebtedness but ignore the unfunded pension liabilities tsunami. These experts suggest the Feds should rescue states and municipalities, yet they ignore the super-tsunami of unfunded Federal entitlement liabilities. Who rescues the rescuer?

Public employee pensions, “negotiated” between public employee unions and politicians (who are also public employees) seeking their contributions and votes, will be swept away by waves of municipal bankruptcies. In California pension costs rose 2,000% from 1999 to 2009, while state funding for higher education declined. That’s unsustainable.

Piloting the “Ship of Fools,” Nancy Pelosi calls that simply acceptable.

Wednesday, November 03, 2010

E. J. Dionne Jr. doesn’t get it (and never will)

According to liberal columnist E. J. Dionne, Jr., Obama and the Democrats did the right things, they just didn’t “sell them” well, and now Republicans should do what Democrats would if they continued to control Congress. Dionne pointed to revenue sharing with the states, especially now that most will have Republican governors.


That’s a dumb idea. The states – and counties, and cities – have unleashed a tsunami of unsupportable spending for public employee pensions. Soon the only funds available to governmental units that can’t print money will be totally consumed by government employee pensions.

If Republicans cooperate with Democrats and governors through revenue sharing they will be enablers of this spending addiction. Simple mathematical analysis illustrates that current and projected tax revenues, even given the most optimistic scenarios, are insufficient in light of unfunded public employee pension liabilities. If private businesses had such unfunded liabilities, the government would immediately shut them down.

It’s inevitable that there will be massive public sector bankruptcies – cities, counties and states – and that the Federal government does not have the will or the means to rescue them from themselves.

The best thing Republicans can do is to practice “tough love” and resist vain rescue attempts, because in fifty years unfunded entitlement liabilities for Medicare, Medicaid, and Social Security will squeeze out all “discretionary” Federal spending programs. Right now would-be rescuers would best serve their country by avoiding being part of long-running government incompetence that sees the problems facing later generations and doesn’t do a thing to prevent them.

So, Mr. Dionne, Mr. Obama, and all you “progressives” – give me proof that I am wrong.

Obviously you must believe I am, or else you would be doing something about it.

Wouldn’t you?

Tuesday, November 02, 2010

The Election is Over!

The election is over, and Republicans did quite well. Let the analyses begin!

First, there will be near universal agreement by the main stream media with Senator Kerry that the American public are “know-nothings” because if they were “know-somethings” they would have voted for Democrats. Another point of agreement is that Republicans are divisive – in fact, Obama considers anyone who disagrees with Democrats not only divisive, but “enemies.” Obama told Latinos that instead of sitting out the election, they should be saying, “We’re gonna punish our enemies, and we’re gonna reward our friends who stand with us on issues that are important to us.”

More agreement – it’s all the fault of Republicans and George W. Bush. This one’s easy, since the Republicans only lost the House and Senate four years ago, and the presidency two years ago. If the Republicans would have just gone along with Democrats, unemployment wouldn’t have doubled in two years to 9.6% and neither would the public debt.

Of course, with total Democrat control of government since 2009, the Democrats didn’t need even one Republican vote to pass anything they wanted. That didn’t change until the voters of heavily Democrat Massachusetts, the only state suffering universal healthcare, elected Scott Brown to fill the Senate seat of Mr. Universal Healthcare, Ted Kennedy, thereby giving Republicans a filibuster option – if no Republican defected. In order to claim “victory,” Democrats then hastily passed the health care bill no one (except the health insurance companies) likes, including almost all Democrats running for House and Senate seats.

Interestingly, the most important issues: enormous unfunded liabilities for public employee pensions, Medicare and Medicaid, and Social Security will soon prevent politicians from spending for anything else. Until these unsustainable entitlement programs are fixed, all else is just “grandstanding on the Maginot Line.”

Thursday, October 07, 2010

The Pelosi-Reid Deficit

When Democrats took control of Congress in January 2007, the Congressional Budget Office (CBO) projected a $379 billion surplus over the next decade. Now, after four years under Pelosi and Reid, and two years of Obama, the 2007-2016 projection is a deficit of $7.16 trillion. Obama blamed Bush for the nation's fiscal condition. "When I walked in, wrapped in a nice bow was a $1.3 trillion deficit sitting right there on my doorstep." Earlier this year he asserted that "we came in with $8 trillion worth of debt over the next decade." However, according to the CBO neither statement is true.


Obama also overlooks the inconvenient truth that Democrats controlled Congress for two years before he began his presidency. While Democrats credit the minority Republicans with blocking Obama’s agenda, vast credit should be given to the majority Democrats for extraordinary spending and dubious achievement. Remember the promise Pelosi made on the day she became speaker? "Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt." After four years of Democrat rule, national unemployment rose to 9.5% from 4.4% (California unemployment went from 4.9% to 12.4%) while the Democrat budget will add twice as much debt as President Bush over the same number of years.

So much for unburdened opportunities. Like a weather report: “According to CBO projections covering the next several years, expect high and rising deficits with persistent unemployment, and no relief in sight.”



As a typical Democrat, Barbara Boxer spent two days talking about jobs and the previous 28 years supporting tax increases and job-killing regulations. Since she, Obama, Pelosi, and Jerry Brown have no experience working in the private-sector, it is no wonder they are clueless about employment and economics. To Democrats, ignorance is bliss.

(I borrowed heavily from an article in the Wall Street Journal for inspiration for this post)

Saturday, October 02, 2010

Democrats' Ignorance is Bliss

When Democrats took control of Congress in January 2007, the Congressional Budget Office (CBO) projected a $379 billion surplus over the next decade. Now, after four years under Pelosi and Reid, and two years of Obama, the 2007-2016 projection is a deficit of $7.16 trillion. Obama blamed Bush for the nation's fiscal condition. "When I walked in, wrapped in a nice bow was a $1.3 trillion deficit sitting right there on my doorstep." Earlier this year he asserted that "we came in with $8 trillion worth of debt over the next decade." However, according to the CBO neither statement is true.


Obama also overlooks the inconvenient truth that Democrats controlled Congress for two years before he began his presidency. While Democrats credit the minority Republicans with blocking Obama’s agenda, vast credit should be given to the majority Democrats for extraordinary spending and dubious achievement. Remember the promise Pelosi made on the day she became speaker? "Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt." After four years of Democrat rule, national unemployment rose to 9.5% from 4.4% (California unemployment went from 4.9% to 12.4%) while the Democrat budget will add twice as much debt as President Bush over the same number of years.

So much for unburdened opportunities. Like a weather report: “According to CBO projections covering the next several years, expect high and rising deficits with persistent unemployment, and no relief in sight.”

As a typical Democrat, Barbara Boxer spent two days talking about jobs and the previous 28 years supporting tax increases and job-killing regulations. Since she, Obama, Pelosi, and Jerry Brown have no experience working in the private-sector, it is no wonder they are clueless about employment and economics.

To Democrats, ignorance is bliss.

Sunday, August 29, 2010

Perfect Financial Mismanagement Storm

Who said? “Tax reduction thus sets off a process that can bring gains for everyone, gains won by marshalling resources that would otherwise stand idle—workers without jobs and farm and factory capacity without markets. Yet many taxpayers seemed prepared to deny the nation the fruits of tax reduction because they question the financial soundness of reducing taxes when the federal budget is already in deficit. Let me make clear why, in today's economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarged the federal deficit—why reducing taxes is the best way open to us to increase revenues.”


John F. Kennedy, January 1963. And it worked. Lower tax rates produced higher tax revenues. Interestingly, the greatest increase in tax revenues came from the wealthiest taxpayers. In the past forty-seven years, as a percentage of GDP, the top one percent of taxpayers now pay 3.3 percent, compared to 1.3 percent in 1963. In fact, they are now paying the same in total as the bottom 95 percent, who are only paying at half the rate they were prior to the Reagan tax cuts.

That’s right. Since the Reagan tax cuts, the rich are paying at twice the rate, and the bottom 95 percent are paying at half the rate. So much for the Democrat mantra that Reagan gave tax cuts to the rich on the backs of the poor (and middle class).

That won’t stop Democrats from playing to the same old class envy and demanding more taxes on the rich so they “pay their fair share.” However, as always, if the taxes on the rich go up, total tax revenues (and employment, and investment, and job creation) will go down, and the deficit will go up.

It’s a “Perfect Financial Mismanagement Storm.”

Tuesday, August 17, 2010

Obama and FDR's Ant

About a matter of profound insignificance, FDR once said, "Did you ever hear an ant break wind in a hurricane."

Obama's proposal to cut $100,000,000 (that's one hundred million dollars) from a $3,5 trillion budget (that's $3,500,000,000,000 - I don't know if I have enough electrons in this computer for that many zeros!) has the same effect as the ant in the hurricane.

Since it's easier to show than tell, click on this link (Illustration of the Federal Budget) for a short (one minute 38 seconds) video that puts Obama's proposed budget cut in perspective.

Thursday, August 12, 2010

A Job is a Right?


With an attitude like that, it's no wonder she won't get a job!


If having a job is a right, then someone is obligated to provide that job.

Usually, someone is hired based upon skills, education, experience, appearance, intelligence - usually a combination of these, and more. If each person has a right to a job, then the use of such discriminators would not be allowed, except...

There are jobs that are so menial that the qualifications for them don't go much past being upright and breathing. However, since the value of the work done is low, the pay is low. The only ones who will take such jobs are illegal aliens.

Any person who has a right to a job wouldn't be caught dead accepting such employment.


So we have citizens with very low value as employees demanding high-value jobs as their right.

What good is it to have the right to a job if the only jobs you are offered because of your lack of employment skills are the ones you wouldn't accept anyway?

So how do you exercise your right to a job you would accept, if no one will offer you such a job?

It's simple. The government has to hire you. And pay you what you think you're worth.

So the government hires you into a good paying job - one you're not qualified to do.

The stress and frustration of not being able to do the work cause you to have health problems and spend a lot of time on sick leave.

However, the job still needs to be done, so the government hires another employee who can do the work, keeps you on the job too, and lowers your stress level by not requiring you to do anything.


You celebrate your good fortune by producing many children, secure in the knowledge that, no matter their lack of skills and education, they will have guaranteed good paying jobs for life, just like you.

You congratulate yourself for being such a responsible citizen, and adding many more to the workforce just like you.

Life is good!

Wednesday, August 11, 2010

Obama's "Mission Accomplished" Moment

Today everyone is a spin doctor. Secretary of the Treasury Timothy F. Geithner does his part for Obama in the New York Times (of course), in his Op-Ed piece "Welcome to the Recovery." For being tone-deaf and clueless, this is a prize winner.

It's a "blame it on Bush" piece, conveniently overlooking that Democrats controlled Congress for two years before the recession bit, and that Barney Frank, the Congressional Black Caucus, Franklin Delano Raines, and the clowns at Fanny Mae and Freddy Mac sowed the seeds and nurtured the crop of mortgage malpractice activities, then attempted to "wash their hands" of any and all responsibility.

Hitting with great backspin, Newt Gingrich has an article with superb charts (click on the links) chronicling the "Indisputable Failure" of Obamanomics. There's the Obama Jobs Gap, the Obama Jobs Deficit, and a comparison with past recessions and recoveries.

Democrats suffer from schizophrenia about government stimulus. They say Bush's was bad, but about half of Democrats think Obama passed TARP instead of Bush, and think that was good.

From one of the least likely sources, an article by Fareed Zakaria in Newsweek, "Obama's CEO Problem," we find that the major problem is not government inaction, but the threat of government action. Zakaria admits that government cannot do what business can to end the recession, and that what is holding business back is uncertainty concerning taxes and regulation.

"The key to a sustainable recovery and robust economic growth," wrote Zakaria, "is to get companies to start investing in America." And why won't they? One CEO told Zakaria about uncertainty about government actions, “Almost every agency we deal with has announced some expansion of its authority, which naturally makes me concerned about what’s in store for us for the future.”

We don't need the government to take our money, then give it back to its chosen winners. That's the path to making us all losers.

Sunday, July 25, 2010

The Public Option - We're Going There When England is Coming Back

My recurring healthcare theme has been that our demographics are lagging Europe's, and that we can learn from their mistakes and not mess things up.

One of the liberal's guiding lights to lead us all to the public option has been the British National Health Service (NHS). It gives universal coverage for free, so the liberals say, and is a model of what our healthcare should be.

I've begged to differ, since I observed the NHS on a first-hand basis for five years living in England (1970-1975). A bloke who worked for me then was one of my best friends, the late Arthur Sharman. Arthur suffered under the NHS for a decade until he died waiting vainly for a hip replacement. Each year he would be scheduled for the operation, and each year higher priorities and budget crunches would cause his hip replacement to be rescheduled for the following year.

For several years before his death, it became obvious that the damage done by not having the hip replacement earlier had gone too far for the operation to restore his quality of life.

The new British government, the conservative party named Tories, have now made clear what has been known for decades: the NHS will have to severely reduce and ration healthcare, and in particular such procedures as hip and knee replacements, cataract surgery, services for the terminally ill, and long-term care. (click here for the article on the massive cuts proposed for the NHS)

The slang name for the English healthcare screening units could easily be "Death" panels. That's obviously what must be part of a publically funded universal healthcare system. The "free" systems, like the NHS, depend on government taxing half or more of income away from its citizens, and healthcare has to compete for a share against education, transportation, welfare, and all the other government programs.

Also, to an extent greater than the other government programs, healthcare must serve a rapidly aging population and at the same time intergrate inceasingly expensive improvements in medical detection and treatment of illness.

We're lucky in the United States. We can watch Europe go blindly where we're headed, and learn from their mistakes.

Unless our leaders persist in following Europe blindly.

Experience is a great teacher, and teaches best when we can learn from the mistakes of others rather than our own.

Thursday, July 22, 2010

Democrats Bail Out on Cap and Tax

A farmer once told me he had a donkey that would do anything he said. When I asked for a demonstration, he walked up to the donkey and hit its head a hard blow with an ax handle.

"I thought you said the donkey would do whatever, you asked," I said. "If so, why did you hit it with the ax handle?"

"Well," said the farmer, "first you have to get his attention."

Just like the farmer's donkey, the first thing you have to do with Democrats is get their attention. Unfortunately, that means you have to wait for an election year to roll around before they will listen. The Democrats passed their so-called health care reform even though roughly sixty percent of American voters oppose it, because the Democrats thought the voters would forget about it by election time.

However, while they were trying for a radical makeover of health care, and then settling for a mishmash that no one liked, their ominous Cap and Trade legislation passed by the House just sat there mouldering in the Senate while the bloom was coming off the Obama rose.

Now Democrats are blaming Republicans for the death of Cap and Trade, but truth be known, many Democrats vainly praying for re-election want nothing to do with passing it in the face of high unemployment and persistent recession. Obama is looking ahead to 2012 and wants Congressional Democrats to "win one for the Capper," but those Democrats know a vote for Cap and Trade is their sure ticket out of Congress.

With a Congressional approval rating of 11 percent, many of them are on the way out anyway. Their only hope is a sudden economic turnaround, and that is sure not to happen if they mess up energy and make it more expensive. The recent modest economic improvements we see are rooted in the markets' certainty that Cap and Trade won't happen.

Democrats know that public attention is focused on jobs, jobs, jobs, and that messing up the economy now will prove that they have been ignoring the voters.

Time to get out the ax handle.

Thursday, July 08, 2010

Boxer Proud of Jobs Record

Barbara Boxer claims California voters should reelect her because of her record on jobs for Californians (click here for the San Francisco Chronicle report). I think this illustrates Barbara's most outstanding trait: low intelligence. Who else would be proud of California's worst in the nation unemployment of 12.5%?

Californians are catching on. The bad news for Barbara is in the latest Fields poll, which shows her unfavorable rating is higher than her favorable (click here for this news items).

I must admit Barbara didn't do it all herself, although with three terms in the Senate, she deserves some of the credit for the total mess that is California government. If she had been a more effective Senator, she would have accomplished more of her leftist agenda, and then we could give her more credit for the mess.

California has been governed by Democrats for decades, and California's Democrats are a wholly owned subsidiary of California's powerful public employee unions. However, Barbara is on a two-day "jobs for California" tour, seemingly clueless about how this is calling attention to California Democrats' greatest failing. If the Democrats hadn't messed up California business and education so completely for so long, then our vast, intractable budget deficit wouldn't be blocking all attempts to get back on track.

Of course, California's Democrats got a lot of help from Washington Democrats like Barney Frank and Franklin Delano Raines, who badgered Fannie Mae and Freddy Mac into insolvency by forcing them to make mortgage loans to home buyers who had no chance in Hell of making the payments.

Californians are hurting enough now to finally notice that "Dim Bulb" Barbara hasn't accomplished anything of note, and that her loud-mouthed exhortations for government to spend more and be more like Europeans look odd now that the Europeans are trying to put an end to such foolishness.

Barbara's only hope is that the Californian electorate has been dumbed down so much by the destruction Democrats inflicted on California's once great educational system that they won't realize what a useless Senator she has been.

Actually, betting on the stupidity of the California electorate is usually a sure thing.

Barbara might not be so dumb after all.