Musings on the Week
Musings on the Week
March 14, 2015
Fascism - “Fascism was really the basis for the New Deal. It was Mussolini's success in Italy, with his government-directed economy, that led the early New Dealers to say, 'But Mussolini keeps the trains running on time.” Ronald Reagan.
Politics – Gallup found that for the fourth consecutive month more Americans identify the government is the nation’s biggest problem beating out the economy and unemployment.
Politics - This week’s distractions from the sluggish economy and ObamaCare: Hillary Clinton’s lame excuses for her email scandal and the Senate letter to Iran.
Politics – Hillary Clinton offered a “Trust Me” defense on her missing emails, but her excuses are all bogus: she broke rules, erased “personal” emails, then delivered emails with lapses.
Politics – Hillary Clinton is suffering from “early onset Clinton fatigue” as her latest scandals are heaped on top of baggage from the “culture of corruption” from her husband’s term.
Politics – Fox News was the most trusted news: 29% trusted Fox News the most; CNN follows with 22%, CBS News and NBC News are at 10%, ABC News at 8%; and MSNBC at 7%.
Government - “No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear.” Ronald Reagan.
Economy – The economy continues to under-perform vs. historical recoveries because wage growth, long-term unemployment and workforce participation remain unchanged.
Economy – Policies that weaken the dollar, like those the U.S. has followed since the early 1960s, may help the economy, and the labor markets in the short-run, but over the longer-run, more research is indicating that these policies can be harmful to economic productivity and consequently economic growth as the economy becomes less competitive.
Deficit – Entitlements will cause spending to surge while deficits will remain stable through 2018, but then will surge after 2025 and the deficits will return to $1 trillion-plus at that time.
Jobs – Nearly 22 million people want a job, or are working part-time and when labor force dropouts are included, the unemployment rate is much worse than reported.
Labor – Wisconsin has become the 25th right-to-work state, where workers will not have to pay dues to a union they have not joined, or as a condition of employment.
Energy – Environmental Protection Agency (EPA) regulations forced more than 72 gigawatts of electrical generating capacity to close, enough capacity to power 44.7 million homes.
Environment – Another government agency, the NOAA, has been caught manipulating the historic temperature data downward to support their fictitious global warming conclusion.
Healthcare – The VA demonstrates systemic problems including long wait-times and out-of-control costs that happen in any government-run, single-payer health care system.
Civil Rights – Obama is stuck in the past, seeing 1950’s conditions disregarding any progress made, thus resurrecting the need for legislation that fixes problems from the last century.
Civil Rights – The Justice Department’s Ferguson Report branded the Police Department as racist based on “disparate impact” which incorrectly equates correlation with causation.
Crime – Apparently we must wait for the next President to acknowledge the epidemic of black mob violence and black on white crime, since this President is blind to this reality.
Family – A single parent is the new norm: at some point before they turn 18, a majority of all American children will likely live with a single mom and no dad.
Communism - “He had a visceral dislike of Communists, but his ability to work with [people] led to the ending of the cold war.” Ronald Reagan.
Foreign Trade – The Obama administration polluted the much needed Trans-Pacific Partnership agreement with global special interest trade and environmental requirements.
Defense – Administration environmentalists are using Defense Department mandates to keep renewable energy boondoggles afloat by wasting taxpayer dollars on green pipe dreams.
GWOT – Sharia is ‘God’s sacred law’ to be obeyed if a Muslim were to end up in heaven, and is also the constitution of the Islamic state implementing the religion on the state.
Iran – Barack Obama is pursuing a non-binding nuclear agreement, but its terms can not be “guaranteed” beyond the President’s current term, yet includes 10 year “commitments.”