Wednesday, June 12, 2019

Spending Promises

Our whole educational system, from the elementary schools to the universities, is increasingly turning out people who have never heard enough conflicting arguments to develop the skills and discipline required to produce a coherent analysis, based on logic and evidence……  It is in fact the Achilles heel of this generation of our society and of Western civilization.--Sowell

Met with a Pennwriters group at Panera, three professional published writers and several others. Not young.

Acher gave up four home runs in the second, a fifth home run in the sixth for three more. Team era: 5.13.

Paranoia is probably part of us in some small way. Being on guard is a reasonable tactic and heritage. Some cultures have institutionalized it--like the North Koreans. But the West has turned it into a cultural mooring. We now believe that unfavorable outcomes cannot occur among people without the active and malignant interference of people with bad intent. Error and chance are banished; diversity in our entire culture demands the explanation of Nazis and bigots, and we turn to totalitarians and iconoclasts to set things right.

I’ve worked so hard in my career, that I promise you, if I’m elected president you’re gonna see the single most important thing that changes America, we’re gonna cure cancer,” Biden told a crowd in Ottumwa, Iowa on Tuesday. Oh, great! He seems to be a lot less silly a candidate than Trump.

This Rock Magazine reported that there are now 34,000 Protestant denominations which means that, on the average, more than sixty-nine new denominations have sprung up every year since the Reformation began in 1517. 

We can all be divided up in some manner. Height, color, weight, origin, gender, sexual orientation--all provide a convenient plane where the demagogue can create a fissure to leverage and exploit. Except competence. You never hear about the subset of the capable. Or the unable.

Farther is used in relation to physical distance; it means "at or to a greater distance" whereas "further" means "to a greater degree".

US oil production starting about 2009 from the shale revolution which then brought the US back to the No. 1 spot by 2015 as the world’s leading oil producer again — with a commanding lead last year over Saudi Arabia’s oil production (by 24%) and Russia (by 34%).

Last weekend, in a speech in Brazil, former President Barack Obama told an audience: "Our gun laws in the United States don't make much sense. Anybody can buy any weapon any time — without much, if any, regulation. They can buy (guns) over the internet. They can buy machine guns." None of this is true but we all can just say anything. The muddier the waters, the better.
On this day in 1994, Nichole Simpson was murdered.


                              Spending Promises

Cost estimates of Democrat "ideas" from "The Hill:"

Candidate Jay Inslee's "Global Climate Mobilization" plan touted by environmentalists as the "gold standard" would cost the United States $3 trillion over 10 years. The plan would see the United States rejoining the Paris Climate Accord, encouraging "climate" refugees from El Salvador, Haiti, Honduras and Nicaragua to resettle in the United States, doubling the US investment in the Global Climate Fund for green technology, and  cutting fossil fuel subsidies while "implementing widespread prohibitions against financing for fossil fuel projects overseas."


Sen. Bernie Sanders's (I-VT) "Medicare for All" bill, coming in at a cost of $32 trillion during its first 10 years, or an estimated 10.7 - 12.7% of GDP, according to the Mercatus Center at George Mason University. 


Joe Biden wants to repeal GOP tax cuts and eliminate oil subsidies for his $1.7 trillion plan.


Sen. Elizabeth Warren (D-MA) wants to eliminate tuition at public colleges and erase student debt at an estimated  cost of $1.25 trillion over 10 years. She would pay for it by slapping a 2% tax on Americans worth more than $50 million and a 3% tax on those worth over $1 billion. 


Smaller "ideas" include  Sen. Kamala Harris’s (Calif.) plan to raise teacher pay or Sen. Cory Booker’s (N.J.) proposal to make rent more affordable through housing credits, both of which reach into the hundreds of billions.


This torrent of suggested spending does not emanate from Democrats alone. President Trump had expressed interest to work with Democrats to pass a $2 trillion infrastructure bill, though he has since backtracked. The GOP Congress passed a $1.7 trillion spending package in 2017 that was signed into law by the president.
The federal deficit jumped 38 percent in the first seven months of the current fiscal year, ballooning to $531 billion, well above the previous year's $385 billion mark.

No comments: