Bigger ditch + higher speed = (Greece X Russia)

December 17, 2011

What to do about the economic ditch the Republicans have driven the economy into?

Campaign aides to Ron Paul, Gary Johnson and Mitt Romney advocate finding a bigger ditch and hitting the gas pedal sooner and harder.

No, seriously:  Jon Huntsman’s economics advisor, a woman with years of experience working for a balanced budget, suggested that Paul’s proposal of cutting $1 trillion from spending in 2013 lacks a great connection to reality.  Aides to the other three, after taking another toke of godknowswhat, said they could do even more cutting.

It’s as if General Washington’s physicians, interviewed December 15, 1799, claimed they could have saved Washington’s life had they bled him two or three more times — but unfortunately, he was out of blood.

At a Wednesday panel discussion hosted by the America’s Future Foundation, a club of young libertarians and conservatives in Washington who meet regularly over beer to network and debate about politics, Jennifer Pollom, Huntsman’s economic director, joined campaign aides for Gary Johnson, Ron Paul and a former Mitt Romney staffer to discuss why their candidate would best represent conservatives as the presidential nominee of the Republican Party. The real fun (by D.C. standards) started when Jack Hunter, a blogger for Paul’s presidential campaign, touted his boss’s promise to slash $1 trillion from the federal budget.

“Having been on the Budget Committee and having worked in the federal government and in the Senate for quite a while, I think a trillion dollars is kind of ludicrous,” said Pollom, who formerly served as the counsel for the Senate Republican Policy Committee. “That’s my personal opinion, that is not the stance of Governor Huntsman. We’re more concerned about tax policy right now. We’re deeply concerned about the deficit and the debt, but we’re more concerned about jobs and freezing spending where it is right now.”

That didn’t play well with the representatives for Johnson and Paul, two of the most libertarian-leaning candidates in the race. (Johnson’s plan goes further than Paul’s. He has vowed to balance the budget in his first year, which would require cutting even more than $1 trillion.)

“To call that ludicrous is actually a little surprising because this idea that we can year after year continue to spend more money than we’re taking in, to me that actually seems to be the pretty ludicrous idea from a fiscally conservative perspective,” said panelist Jonathan Bydlak, the finance director for Johnson’s campaign.

“I personally think that cutting a trillion dollars in one year off the budget–I use ‘ludicrous’ sort of loosely–but I don’t think it’s practical,” Pollom said later during the panel. “It may be an excellent aspirational dream but speaking in the real world, I don’t know that it’s actually practically going to happen.”

That’s when Derek Khanna, a panelist who worked for Mitt Romney’s finance team in 2008, jumped in.

“The idea of one trillion is not ludicrous,” Khanna said, which prompted Pollom to put her finger to her head like she was pulling the trigger of a gun. “I think that the idea of saying that being able to balance the budget is ‘ludicrous’ is kind of disturbing. We’re all here saying we support the balanced-budget amendment, but in the end we won’t support cutting a trillion dollars. It seems to be a bit disingenuous.”

What in the world could these stooges be referring to in cutting?  I can see it now:  ‘What do we need Homeland Security for, anyway?  FAA doesn’t fly any airplanes — what could possibly happen if we just shut the agency down tomorrow?  Surely we don’t need more than one aircraft carrier, one for the Pacific, and one for the Atlantic — we don’t have any territory in the Southern, Indian, or Arctic Oceans.’

You can almost hear Ron Paul, wide-eyed, explaining:  ‘President Obama is hurting the energy industry.  BP found a way to quickly get millions of barrels of oil out of ground under the Gulf of Mexico, oil we need to run industry — but Obama made them stop!’

In other news, perhaps, The Onion is considering closing down — they can’t parody this stuff any more.


Bill of Rights Day, Thursday, December 15, 2011

December 8, 2011

I get e-mail from friends — especially for you, teachers:

Hi Ed,

As you get ready for the holidays, I wanted to send you a few reminders to wrap up the semester.

First – Bill of Rights day in next Thursday, December 15th! Be sure to check out the variety of fun and engaging activities to help you celebrate on our website! Resources include our new SMART Board activity, Fight For Ur Rights; a classroom pledge to read the Bill of Rights; rank your rights activity; free classroom lessons; trivia questions; and a quiz about the Constitution and Bill of Rights; and more!

Second – Registration for our spring one-day seminars is underway! Locations include Albuquerque, Phoenix, Newark, New York, Boston, and more; visit our website for a complete schedule with our dates and locations this spring, and to register.  Space is limited so register today!

Third – Did you know we have stocking stuffers? Give the gift of knowledge in stocking-sized Pocket Constitutions, Bill of Rights Wallet Cards, and our newest resource, America: The Quiz Game. Hurry! Order by December 16th to receive by Christmas.

Fourth – Remember all Being an American Essay Contest submissions are due on December 15th!

Happy Holidays,

Jason

Jason Ross, Ph.D.
Vice President of Education Programs
Bill of Rights Institute


Regulation works

September 21, 2011

Jim Weygand writing at the Twin Cities Daily Planet in Minnesota, defends government regulation:

For example there is not an industry today that is not safer than it was prior to the Occupational Safety and Health Act (OSHA) in 1970. Since OSHA was created in 1970, workplace fatalities have decreased 60% despite the more than doubling of the work force. Job related injuries and illness rates have decreased by 40%. And, yes government regulation has increased.

We can also credit the Environmental Protection Agency (EPA) for the restrictions on DDT that have brought our eagle and ospreys back from the edge of extinction as well as protecting us from its effects.

It has worked to prevent future Love Canal type environmental disasters. Government controls on nuclear power have prevented a Chernobyl disaster in this country.


Free copy of the U.S. Statistical Abstract

September 13, 2011

Government, economics and U.S. history teachers:

You may get a free copy of the 2011 U.S. Statistical Abstract, on CD.

Available January 2011

On the CD-ROM version are Excel spreadsheet files for each of the individual tables.

In many cases the files contain more detailed information than is found in the book. Also, in some cases the Excel files contain more recent and revised data that were released by the source after publication of the printed version of the Abstract. You will also find the same Adobe Acrobat files for each section which you find on this web site.

Additional information
While supplies last, single copy FREE (one per customer) by calling Customer Services at 1-800-923-8282.


Yosemite Nature Notes extra: Time lapse of people visiting

September 4, 2011

Among other things one might observe from this film, one might note that Yosemite National Park’s beauty is so great that it looks good from almost any angle, even with tourists plastered all over it.

This was released between Yosemite Nature Notes #14 and #15, and I find no other description.  This remains a wonderful series showing off the geography and natural phenomena of Yosemite.  I wish there were similar programs for Yellowstone, Glacier, Denali, Grand Canyon, Zion, Bryce, Big Bend, Great Smoky Mountains, and for the Adirondack State Park in New York, among many others.


Ronald Banks: Keep EPA’s regulation

August 26, 2011

In a letter to the editor of the Leavenworth (Kansas) Times, July 11, 2011, Ronald Banks makes the case simply, succintly and quite accurately, for keeping regulatory agencies that protect our health and the environment:

Ronald Banks
Leavenworth

To the editor:

As an independent, I often find my political opinions “between a rock and a hard place.”

A big concern is cutting or defunding programs or agencies to save money. I can’t say much about SEC, FDA, or any other alphabet agency, except the EPA. As a retired Registered Environmental Manager, I have some experience dealing with those pesky, business-busting regulations.

I would like to persuade the spending hawks to reflect on why the regulations were enacted in the first place. Pesticides were abused and found in our water, air and accumulated in our food as described in the seminal 1962 book, “Silent Spring” by Rachel Carson.  Hazardous waste dumps were uncovered at Love Canal.

A dump site was also found in Leavenworth.  Water contamination as shown in the movie, “Erin Brokovich,” from PG&E plants in California; not to mention BP’s oil spill.  E. coli bacterial contamination in hamburger, produce and water, lead in paint, smog/particulate smoke in the air, acid rain, constant oil/gas/ diesel spills on land and sea, have been caused by ironical business cost-cutting on environmental compliance.

Just today I learned Massey Energy compromised safety in its coal mine accident that killed 29 workers.

Don’t get me wrong, I know environmental up-keep is expensive; but it is a public good that must be placed in the fixed costs of a business.

It is not that this information is not known to be true, most would agree they want safe water, air and food. Maybe a reason is in our own psychology? I have recently learned in the latest “Scientific American Mind” that a study by psychologist Ullrich Ecker showed that “our memory is constantly connecting new facts to old and tying different aspects of a situation together, so that we may still unconsciously draw on facts we know to be wrong to make decisions later,” (p12).

In a more political way we also like to see the other party hurt, it feels so good that the feeling unifies a party, even if it hurts us all. As long as the EPA is cut and you are passionate for the cuts factual consequences of the cuts and the emotional consolidation of cheer-leading, may overshadow the good of not cutting.  Remember, cuts at the top filter down to our state, county and city; our water, air and food.

Face it. If there isn’t someone guarding the environment, we won’t have a safe and clean environment.

So, what I have said above will be a “hard sell” no matter how good my argument. Let’s not jeopardize the nation’s health for lobbied cost-cutting budgetary reasons.

Copyright 2011 Leavenworth Times. Some rights reserved

Do you agree?


Class warfare and tax cuts for the rich

August 21, 2011

This claim that 51% of Americans don’t pay taxes — does anyone know where they fit in the economics scheme of things?

I wonder, partly because it’s mentioned over at Disaffected and It Feels So Good, and partly because in the light of what else is said over there, it’s relevant.

What is that blog saying?

The Heritage Foundation’s 2001 report proclaimed if the Bush tax cut legislation were to pass, it would:

1) Effectively pay off the federal debt;
2) Reduce the federal surplus by $1.4 trillion;
3) Substantially increase family income;
4) Save the entire Social Security surplus;
5) Increase personal savings;
6) Create more job opportunities.

Everyone of those claims did not happen and in fact the exact opposite occurred. But, what did happen was a massive transfer of wealth to the Ultra-Wealthy, which were the true goals of the Bush Tax Cuts.

Be sure to see the clip from Jon Stewart’s program about how America’s poor are really rich, and we could balance the budget on that demographic alone.

Who pays taxes, and is it fair?  Odd to me that the assumption is it’s the poor who don’t pay taxes, and that it’s unfair to the rich because the poor are living so high on the hog.

Evidence, anyone?


Bill Clinton: Want a good economy? Gotta have good, working government

August 19, 2011

Talking Points Memo billed it as a dig at Rick Perry’s not-grounded campaign platform, but we’d all do well to listen to former President Bill Clinton’s larger point here:  A good economy for a great nation requires a good, working government, regulations and all.

The video came from Azi Paybarah, attending Monday’s breakfast of the International Association of Firefighters convention in New York City, via Politicker NY, from The Observer.


Republicans running (down!) government sorta like a business

July 28, 2011

Ben Sargent, the retired genius cartoonist for the Austin American-Statesman got  it just about right, I figure:

Ben Sargent, running government like a business

Ben Sargent, in the Austin American-Statesman, Sunday April 3, 2011


Hard truths about the debt ceiling and uncertainty in the Treasury market

July 16, 2011

Two organizations provide information to Congress in an unbiased manner, with great care for accuracy and completeness of information:  The Congressional Research Service (CRS), an arm of the Library of Congress, and the General Accountability Office (GAO), formerly the General Accounting Office.  Both agencies share the unique status of being organs of the Congress, and not the executive branch.

Consequently, we and Congress should give particular consideration to a report issued by GAO on February 22, 2011:

Debt Limit: Delays Create Debt Management Challenges and Increase Uncertainty in the Treasury Market

GAO-11-203 February 22, 2011
Highlights Page (PDF)   Full Report (PDF, 52 pages)   Accessible Text   Recommendations (HTML)

Summary

GAO has prepared this report to assist Congress in identifying and addressing debt management challenges. Since 1995, the statutory debt limit has been increased 12 times to its current level of $14.294 trillion. The Department of the Treasury (Treasury) recently notified Congress that the current debt limit could be reached as early as April 5, 2011, and the Congressional Budget Office (CBO) projects that under current law debt subject to the limit will exceed $25 trillion in 2021. This report (1) describes the actions that Treasury traditionally takes to manage debt near the limit, (2) analyzes the effects that approaching the debt limit has had on the market for Treasury securities, and (3) describes alternative mechanisms that would permit consideration of the link between policy decisions and the effect on debt when or before decisions are made. GAO analyzed Treasury and market data; interviewed Treasury officials, budget and legislative experts, and market participants; and reviewed practices in selected countries.

The debt limit does not control or limit the ability of the federal government to run deficits or incur obligations. Rather, it is a limit on the ability to pay obligations already incurred. While debates surrounding the debt limit may raise awareness about the federal government’s current debt trajectory and may also provide Congress with an opportunity to debate the fiscal policy decisions driving that trajectory, the ability to have an immediate effect on debt levels is limited. This is because the debt reflects previously enacted tax and spending policies. Delays in raising the debt limit create debt and cash management challenges for the Treasury, and these challenges have been exacerbated in recent years by a large growth in debt. In the past, Treasury has often used extraordinary actions, such as suspending investments or temporarily disinvesting securities held in federal employee retirement funds, to remain under the statutory limit. However, the extraordinary actions available to the Treasury have not kept pace with the growth in borrowing needs. For example, unlike the past, the amount potentially provided by the extraordinary actions for 1 month in fiscal year 2010 was less than the monthly increase in debt subject to the limit for most months of the year. As a result, once debt reaches the limit, Congress will likely have less time than in prior years to debate raising the debt limit before there are disruptions to government programs and services. This trend is likely to continue given the long-term fiscal outlook. Failure to raise the debt limit in a timely manner could have serious negative consequences for the Treasury market and increase borrowing costs. Also, some of the actions that Treasury has taken to manage the amount of debt near the limit add uncertainty to the Treasury market. In the past, Treasury has postponed auctions and dramatically reduced the amount of bills outstanding, which compromised the regularity of auctions and the certainty of supply on which Treasury relies to achieve the lowest borrowing cost over time. GAO’s analysis suggests that borrowing costs modestly increased during debt limit debates in 2002, 2003, and most recently in 2010. In addition, managing debt near the debt limit diverts Treasury’s limited resources away from other cash and debt management issues at a time when Treasury already faces challenges in lengthening the average maturity of its debt portfolio. Observers and participants suggested improving the link between the spending and revenue decisions that drive debt and changes in the debt limit. Better alignment could be possible if decisions about the debt level occur in conjunction with spending and revenue decisions as opposed to the after-the-fact approach now used. This practice, which is similar to practices used in some other countries, might facilitate efforts to change the fiscal path by highlighting the implications of tax and spending decisions on changes in debt. To avoid potential disruptions to Treasury markets and help inform fiscal policy decisions in a timely way, Congress should consider ways to better link decisions about the debt limit with decisions about spending and revenue. Treasury provided technical comments on a draft of this report, which GAO incorporated as appropriate.

Recommendations

Our recommendations from this work are listed below with a Contact for more information. Status will change from “In process” to “Open,” “Closed – implemented,” or “Closed – not implemented” based on our follow up work.

*     *     *     *     *     *     *

Matters for Congressional Consideration

Recommendation: The projections of a growing debt burden have raised concerns both in Congress and in the public. Well-designed budget processes and metrics can help as Congress and the President seek to address the federal government’s long-term fiscal challenge. The current design of the debt limit does not engender or facilitate debate over specific tax or spending proposals and their effect on debt. In addition, the uncertainty it creates can lead to disruptions in the Treasury market and in turn to higher borrowing costs. To avoid these potential disruptions to the Treasury market and to help inform the fiscal policy debate in a timely way, Congress may wish to consider ways to better link decisions about the debt limit with decisions about spending and revenue. Such a process would build on the approach used in 2008 and 2009 when Congress passed and the President signed three laws that were expected to increase borrowing with a corresponding increase in the debt limit. This report presents a number of approaches that could serve as a basis for better linking decisions about spending and revenue with decisions about the debt limit.

Status: In process

Comments: When we determine what steps the Congress has taken, we will provide updated information.

Use the links near the top of the report to get to the full report.

Pay particular attention to this, repeated from above:

The debt limit does not control or limit the ability of the federal government to run deficits or incur obligations. Rather, it is a limit on the ability to pay obligations already incurred. While debates surrounding the debt limit may raise awareness about the federal government’s current debt trajectory and may also provide Congress with an opportunity to debate the fiscal policy decisions driving that trajectory, the ability to have an immediate effect on debt levels is limited. This is because the debt reflects previously enacted tax and spending policies. Delays in raising the debt limit create debt and cash management challenges for the Treasury, and these challenges have been exacerbated in recent years by a large growth in debt.

Tip of the old scrub brush to Michael A. Ryder.

_____________

Wall of shame:  Bloggers and others who do not have a clue


Hard truths about the U.S. economy

June 15, 2011

Robert Reich tells the truth.  Can you be bothered to listen?

Tip of the old scrub brush to MoveOn.org.  Is there any wonder why the would-be oligarchs work so hard to discredit MoveOn.org?


Declaration of War on working Americans

June 9, 2011

I get e-mail, even sometimes from the CATO Institute:

For your interest…

Cato has launched the Department of Labor portion of www.DownsizingGovernment.org

http://www.downsizinggovernment.org/labor

The site includes essays on unemployment insurance, job training programs, labor union laws, and trade adjustment assistance.

Please enjoy,

Chris Edwards
Editor, www.DownsizingGovernment.org
Cato Institute

Doesn’t that sound like a declaration of war on working people, to you?  If not, why not?


Raise taxes to pay for regulation? What do we get for our money?

May 25, 2011

Letters to a blog of the Orange County Register (California):

In praise of regulations

ORANGE, Susan Wong: I recently went through my day being mindful of what taxes do for me. I took a shower in clean water. I drove to work over safe, well-maintained streets. I was free to practice a profession of my choosing. I am able to do this work because I got my degree at a California state school and passed the California Board exam to earn my license.

On the way home, I stopped at an FDIC bank to take out some money that I had earned and am allowed to keep to support myself and my family. I stopped at a grocery store and bought safe food to eat due to various government regulations. I took my dog for a walk at a beautiful regional park. I picked up a takeout dinner at a restaurant inspected by state inspectors. And I went to sleep in peace.

Government exists to provide us with tangible things that an individual cannot provide for himself. I am so tired of people complaining about taxes as if they get nothing in return. It takes money to run a government that allows us to live our lives as we do.

So, let’s be grown-up about it and raise taxes to keep California from becoming a third-world country.   (May 25, 2011)

Evidence that not every Californian is crazy.


War on Education: Is your state short-changing your schools?

May 6, 2011

CertificationMap.com, the group that tracks what is required to get a teaching certificate in each of the 50 states, also does information graphics from time to time.

Got this one from them today:  A map on how states are spending less on education in 2010 than in 2009.

The map should change dramatically when 2011 is taken into account.  This map shows $15 billion less being spent on schools nationwide.  Texas proposes to cut another $3 billion from spending in Texas alone for 2011.

This is a map of the War on Education in the U.S.  It shows that education, and the U.S., are losing the war.

Teacher Certification
Brought to you by Teacher Certification Map and MAT@USC | Masters of Education

Click here for larger version of map, "Is Your State Short-Changing Schools?"

For the blog at CertificationMap.com, there is a call for stories about cutting the funds for education:

Are you a teacher, parent or student who has been short-changed by your school? Send us your story at YourStory@CertificationMap.com by Friday, May 13th. In an effort to remind people that the choices we make now will influence our children tomorrow, we’ll be spending Friday the 13th reposting horror stories that illustrate how failing to make education a priority is ultimately failing our own futures.

As with global warming, we now have denialists in education issues, those who deny the rising tide of mediocrity, and a few who cheer the rise.


Republican policy: Forward to the Gilded Age

April 10, 2011

Cover of "The Gilded Age"

Cover of "The Gilded Age," a novel by Mark Twain and Charles Dudley Warner published in 1873. Image courtesy of the Center for Mark Twain Studies, Elmira College.

You know why it was called the Gilded Age, right?

Santayana’s Ghost keeps telling me the Republicans don’t know why.  Republicans as a rule do not read Mark Twain, so it’s a cinch they’ve never read Mark Twain plus Charles Dudley Warner.

Mark Twain, PBS image from Mark Twain House

Mark Twain, who wrote the novel, The Gilded Age, with Charles Dudley Warner. Twain wrote of the Republican Manifesto earlier: "What is the chief end of man?--to get rich. In what way? -- dishonestly if we can; honestly if we must." Image from Mark Twain House, Hartford, Connecticut, via PBS

Still, don’t you recall with some fondness the Eisenhower, Nixon and Ford years, when Republicans at least pretended not to be grand misanthropes?  Do you remember that?  Nixon tried to make nicey-nice with conservationists and environmentalists, expanding the National Parks and creating the Environmental Protection Agency (fitting, since the environmental movement had been born among and from wealthy  and smart Republicans); even after killing the air traffic controllers union, Ronald Reagan enjoyed easy camradary with Teamsters, and to some degree, even with the heads of the AFL-CIO.    Reagan encouraged and signed a jobs training bill, and signed our first home health care law, making it possible for people to go home to die, where they ironically lived much longer than in hospitals, but at much reduced cost to Medicare.

Forget those days.  Forget that human compassion.  Today’s conservatives don’t have time for the wimpiness of Ronald Reagan.

Did you see the full list of proposed agency cuts the Republicans tried to pin on the 2011 appropriations bill, H.R. 1?

Here’s the entire list, from OMB Watch:  OMB_Watch-HR1_Policy_Riders (April 7, 2011).  I’m sure OMB Watch  has a bias, but the descriptions of the cuts are so balanced and neutral that they may hide some of the more unscrupulous, Scroogey actions.

In consumer protection, for example, Republicans inexplicably oppose the creation of watchdogs to prevent another housing bubble — are Republicans protecting criminals here?

Prohibits the Federal Reserve from transferring more than $80 million to the new Bureau of Consumer Financial Protection, Sec. 1517
Prohibits funds for a government sponsored “consumer products complaints database,” Sec. 4046.

No one to prevent new crimes, and no collecting of information to warn consumers of dangerous products.  Wonderful.

Prohibits funds to take any action to effect or implement the disestablishment, closure or realignment of the US Joint Forces Command.  Sec. 4020

No, no, don’t want the Pentagon to save money — heaven knows, wasting money at the Pentagon is flag-waving patriotism — so let’s ban the Secretary of Defense, Robert Gates, from making changes that save money.  It’s in the Bible that this must be done, I’m sure.

Prohibits funds for implementing a provision specific to the State of Texas in the “Education Job Fund.”  Sec. 4051

After claiming he wouldn’t accept “bailouts” from the federal government, Texas Gov. Rick Perry accepted money from Congress to prevent the loss of teaching jobs — but then threw the money into a different pot, so teachers were not protected.  U.S. Rep. Lloyd Doggett, D-Texas, amended the last appropriation bill to say that Texas can’t take money from the teachers — but the Republicans want to allow Perry to take the money, and keep it from the teachers, again.  It’s the old playground game where the big kids play keep away from a little kid.  It’s vicious, of course, and should be criminal — but the older kids have a lot of fun.

Prohibits funding for the Weatherization Assistance Program or the State Energy Program.  Sec. 1434

Let the poor people freeze in the dark — they all vote Democratic, anyway.  But wait!  Tea Partiers, fresh from the Mad Hatter’s, say that global warming will take care of the poor people!   No need for weatherization.

Prohibits funding for various environmental projects in California.  Sec. 1475
Prohibits funding for a climate change czar in the White House.  Sec. 1535
Prohibits funding for EPA efforts to regulate greenhouse gases.  Sec. 1746

Oh, well, maybe there isn’t any global warming.  Yeah, this is contrary to what the Republicans said about warming keeping the poor from needing weatherization — but they’re just poor people, the Republicans say.  Let ’em get a job!  (Where?  Not the problem of Republicans; Republicans identified that the poor need to get a job, and that should be the limit of federal action . . .).

This morning on CBS, New York Sen. Charles Schumer said he would not list cuts until he sees a final copy of the bill.  Probably wise — but it’s also almost a cinch that almost all of the cuts will be mean-spirited, worthy of Ebenezer Scrooge before his conversion, and damaging to the U.S. people and the U.S. economy.

What in the hell is going on in Washington?

Tip of the old scrub brush to Jean Detjen, protecting the nation from being over-run by Canadians up there in the north, in Wisconsin.