In This Dimension

Europe is Going Broke… Not Our Problem

Europe is a collection of welfare states. We all understand this - on both sides of the Atlantic.

What seems to not be understood by majorities on either side is that no European nation pays its own defense costs, and that it is this, and this alone, which has allowed these states (and Japan) to become the welfare states they have become… and that they insist we allow them to continue to be, with OUR money.

Simply, in the trade-off between guns and butter, the arguably ill-advised continuation of the American defense umbrella once Britain and France had (and once Japan had[…]

Clunker Math… and our Healthcare

The  person who calculated this bit of information went to high school in  Pittsburgh , Pa.

He is now & has been a  professor at The University of West Virginia in Morgantown, West Virginia  for the last thirty some years.

Apparently no one has  thought to look at the clunker program in such  depth.

Clunker  Math

Think of it this  way:

• A clunker that travels 12,000 miles a year at 15  mpg uses 800 gallons of gas a year.
• A vehicle that travels 12,000 miles a year at 25  mpg uses 480 gallons a year.
• So, the average Cash for Clunkers transaction  will reduce[…]

Moshe Adler “Tax the Rich” Historical and Economic Adolescence

Recently Dr Moshe Adler, who teaches economics @ Columbia University and is the author of “Economics for the Rest of Us: Debunking the Science That Makes Life,” published an Op-Ed in the LA Times in which he demanded we tax the rich. His case was made on a misunderstanding - or intentional mis-stating - of history, a lack of acceptance of American’s Constitutional balance of powers, and the historical results of the policies he demands, results proving that his policies fail in every time, culture and nation with catastrophic effects on the environment, lives, hopes, families and the future.

Adler opens by[…]

A Mid-Term Comment on California

As many have noticed, CA voters did something basically insane on November 3rd. They elected to the CA  governorship to FIX California’s bankruptcy…the man most responsible FOR California’s bankruptcy.

CA is bankrupt because of Public Sector unions. These unions were illegal until Jerry Brown signed the Dills Act in 1977 legalizing public sector unions and collective bargaining.

But…. and this is where CA voters really did something interesting….

In addition to voting in the guy who bankrupted the state (and returning to office arguably the dumbest woman in the Senate), we ALSO passed a number of propositions that will make it next-to impossible[…]

Taxes and the Left …. What a DEAL!

I’ve written before about profits and taxes. Here I discussed the amount of taxes paid by the company the Left seems to hate more than all others combined: Exxon. Exxon, of course, pays tens of billions of dollars in taxes every year. The left loves the taxes but hates the company - and the market in which the company works. Tough.

Now comes word on another corporate behemoth and the taxes they pay… ooops! Sorry! The taxes they WON’T pay!

Government Motors, previously named “General Motors”, won’t pay federal taxes on up to $50 BILLION in profit. Why? Part of the Obamadeal…. A cool[…]

Thoughts on the Off-shoring of Jobs

Rather than comment on the mid-terms, which already are being over-commented, here are a few thoughts on the off-shoring of jobs in America. It’s an issue of interest to Left and Right, but I think one not being discussed in the correct context.

Frankly, the answer on off-shoring of jobs may well be that we continue to educate a citizenry for, and then employ them in 19th- and 20th-Century manufacturing and industrial jobs that our technology and economy have outgrown. In not educating for tomorrow, which we most certainly do not, we accept that we must import thousands of H1-B folks[…]

Jerry Brown - AGAIN? … & Why Vote for Democrats

I have posted some videos over on YouTube. They’re all under or just at 2 min running time, except one (Education), that is about 3 min due to the amount of included video from other sources. Please review them if you get a chance and think they’ll be of interest to you. Thanks.

The first is a comment on the amazing concept of Jerry Brown running for Governor of CA…  again.

I think everyone in the Western World, and certainly policy-makers in China and Russia, as well, understands that California is going bankrupt, and that public sector unions are the primary cause.

And[…]

Economics Summary of the Last 34 Years in a Nutshell

If you read only one column on the economy and the various policies implemented to address it over the past generation-plus, this is the column you should read. (Don’t let the title scare you off…)

It’s three screens and very high-level, i.e. it won’t bore you to-death, but rather contains a very concise summary of where we are, how we got here and where we will - or will not - be going.

Hat-tip: RealClearPolitics

Welfare Recipients are NOT My Problem

The Wall Street Journal had another column yesterday, “Why Democrats Can’t Win on Taxes.” It prompts the below. Net? When someone makes the choice not to take advantage of the education and opportunities America freely offers - and for which I absolutely am willing to pay - it is NOT my problem, and certainly not a problem requiring my kids to have less of what I earn FOR THEM.

As I’ve posted before, in 1972 when the 1968 “liberal” Boomers first got started destroying the country by holding elective office, the debt was $400B, for which we had invented the modern[…]

Graph of the Day

For a solid year now, Randall Hoven has compiled data on various topics and presented it accurately with little or no editorial embellishment as the Graph of the Day on American Thinker.

Today he has stopped. One solid year of that level of work was enough.

In his column today saying adieu to this enormous amount of daily work, he provides a very quick overview of many of the topics he has covered with links to each of those graphs which, themselves, include links to source data. He also educates the reader as to where and how to go and get this information.

As John[…]