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

Saturday, August 02, 2025

Democrats missing the boat on immigration and the economy


July 29, 2025

Millions of illegal aliens crossed into the United States over the four years of the Biden-Harris administration. They settled in blue cities and states, for the most part. This was because the blue cities and states welcomed them.

Why would those living in, and running blue cities and states want illegal aliens in large numbers living among their citizens, given the costs of feeding and housing them, and the other problems that they bring with them, like murders, rapes, robberies, etc.?

One explanation is that the basis for how many representatives a state has in the House of Representatives, and votes in the Electoral College depends upon how many people — not just citizens, but all people, including illegals and other non-citizens — reside in a state. Illegal aliens help gain additional representatives and electoral votes.

Many on the left will laugh at that assertion, claim it is some sort of MAGA tactic, or just right-wing misinformation. But there are at least a few Congressional Democrats who support this idea.

Democratic Rep. Yvette Clarke of New York is one. She admitted in comments over the last few years that she wants immigrants to enter the United States to help Democrats with redistricting.

The original comments from Clarke came in 2021 during a House Foreign Affairs Committee hearing, and again in a 2024 post on X. Back in 2021, she fussed at Republicans who opposed Haitian migrants.

“I’m from Brooklyn, New York,” she said during the hearing. “We have a diaspora that, that can absorb a significant number of these migrants and that, you know, when I hear colleagues talk about, you know, the, the, the doors of the inn being closed [and] no room in the inn, I, I’m saying, you know, I, I need more people in my district just for redistricting purposes.”

Now that we have Donald Trump in the White House, many of the illegals are being caught and deported, and others are self-deporting. Also, the blue states, especially New York and California, are having problems and are losing businesses and residents.

Beginning back during the COVID-19 pandemic, progressively strong states have been seeing a heavy exodus of citizens leaving due to high crime rates, heavy taxes, and government overreach.

Looking for safer streets, economic and personal freedom, thousands are heading for better places like Florida, Texas and Tennessee. These states are projecting gains in congressional seats, with Texas expecting to gain three, and Florida looking for at least two.

This heavy exodus of citizens to red states has caught the attention of at least one blue state governor: California’s Gavin Newsom. He is threatening to call a special legislative session in an emergency effort to redraw district lines. California Republicans now hold only nine House seats, and Newsom hopes to replace between two and five of them with Democrats.

This process is customarily done once every decade. Whether Newsom’s effort to gerrymander more Democrat representatives, if it comes to pass, would be legal or not remains to be determined. It seems that some Democrats have no limits on how far they will go to stop Donald Trump.

It must be noted, however, that red state Texas is considering the same thing to build its Republican majority.

While the left wants to encourage illegal entry to the country and to their states to help them get and hold a majority in the House of Representatives and in Electoral voting, they still do not understand about taxation and prosperity. 

They want to punish the wealthy with absurdly high tax rates, never understanding that high tax rates are harmful to the economy, not just the wealthy.

Sens. Bernie Sanders of Vermont and Elizabeth Warren of Massachusetts support a return to 50%, 60% and even 70% tax rates. The left believes that lowering tax rates is just a method to benefit the rich, who they maintain do not pay “their fair share.”

However, why would it ever be fair or even sensible to collect half, or up to 70% of what someone — anyone — earned?

Economist Stephen Moore suggests that those Democrats and others who believe in this plan would be well served to read Arthur Laffer’s latest book, titled, “Taxes Have Consequences.” Laffer, known for the Laffer Curve, and his co-authors show that over the last 100 years, every time tax rates have been cut, three good things have happened: 
* Tax revenues have risen.
* The economy has improved.
* The rich have paid a higher share of the tax burden.

Think about it: If we have a smaller, less costly government that is efficient and restricted to constitutional functions, we will need less tax income to pay the bills. And, people will be able to keep more of what they earn, and use that money to buy the things they need and want. 

The more American citizens — both rich and not rich — spend their hard-earned money on the things they want to purchase is a true benefit to the economy. That will help increase businesses and a growing business sector means more jobs and generally better pay.

Friday, October 13, 2023

Coal has been and will be an important factor in our lives

 

October 10, 2023

Some of us remember the days of many years ago being in downtown Bluefield, West Virginia and looking at the then-Norfolk & Western railyard, and seeing dozens, perhaps hundreds of train cars filled with coal, waiting to be taken to market. We also saw dozens of empty cars waiting to be taken to the mines to be refilled.

Those were the days when Bluefield, southern West Virginia and southwest Virginia were bustling with businesses and higher populations, largely due to a vibrant coal industry. But, alas, things began to change, and Bluefield and the surrounding area are much different today as a result.

Changes to coal’s popularity and broad usage have had a big impact on our area and other coal-producing areas. Some of the change was due to normal evolution, as other fuels became more popular and took more of the market. 

But more recently it has been a deliberate effort to kill coal as a fuel, highlighted by President Joe Biden and his fellow “progressives” as they drive toward the goal of killing fossil fuels in the name of protecting the environment.

In addition to, or perhaps a part of that effort is the announcement by former New York City mayor and billionaire Michael Bloomberg of a $500 million commitment to expand the Beyond Carbon campaign. Its goal is to close the nation’s remaining coal-fired power plants, to cut natural gas plant capacity in half, and stop any new gas plants from being opened within the next six years.

An email from the West Virginia Coal Association (WVCA) contains a statement from the president of the Pennsylvania Coal Alliance, Rachel Gleason. She commented that “It is an absolute attack on our state, our livelihoods, and our families. It is un-American that someone would use their wealth to destroy our state and nation’s industrial base and also seek to send a large segment of the 381,000 American workers in industry to the unemployment line while destabilizing electric reliability and security in America.” 

Likewise, our area will be further affected by this action. And Chris Hamilton, President of the West Virginia Coal Association, expressed his concerns about the future if this effort continues: “Energy experts agree that the U.S. will not have enough reliable energy production to meet demand, and Bloomberg’s efforts, if successful, may result in black- and brown-outs across the country. Bloomberg, the ultra-liberal national Democrat Party, and their environmental extremist group co-conspirators are marching America off an energy cliff and dooming American families to darker days.”  

This also concerns other coal-producing states. Wyoming’s Mining Association Executive Director, Travis Deti, also commented on this development. “It truly is astonishing to see an eccentric billionaire spend his fortune on cutting off people’s electricity. Bloomberg should be held accountable for his callous actions.”

In a communication from the WVCA, Hamilton tells about the coal industry today, and paints the dismal picture that West Virginia faces: “Remarkably, there’s been over $8 billion dollars in new investments in West Virginia mining operations over the past several years, including approximately $2 billion in 2022-2023. These investment dollars may not be of much value to those chasing shiny objects or, like President Biden, forcing a questionable transition away from fossil energy, but to 50,000-plus West Virginians who show up at a mine every day it is extremely important, and will serve to keep our state’s coal industry a vital part of West Virginia’s economy for decades to come.

“The impact the production of met coal alone has on West Virginia is significant, generating approximately $9.6 billion in total economic activity, supporting about 30,500 jobs, contributing nearly $554 million in tax revenue for US state and local governments, and producing about $2.5 billion in labor income in 2019. West Virginia is the leading producer of met coal nationally and we supplied nearly 63 percent of all the met coal distributed to U.S. coke plants.

“The coal industry also provides jobs in predominantly more rural areas of the state, allowing employees who choose to work in the sector the opportunity to stay in their communities.”

Whether the efforts of Biden and the others in the manic drive away from fossil fuels are built upon a true concern for the environment, or just one more effort to increase the level of control government has over the people it is designed to serve, is open to debate.

But if they were giving any value to the many scientists who say the war on CO2 is based upon faulty data, and that the country will not be able to function satisfactorily without a substantial amount of fossil fuel energy for many years in the future, they would not be so blindly determined to continue this war.

Some of the information presented comes from America's Coal Associations (ACA) which represent 381,000 American Workers and $261 billion in America’s economy. The ACA issued its statement on behalf of a dozen coal organizations across the country.

The problems of killing coal and the other fossil fuels are far from over.

Sunday, October 02, 2022

The Democrats are moving the country in the wrong direction

September 27, 2020

We see liberal/Democrat prosecutors who deliberately refuse to enforce some laws, under-charge persons arrested for crimes, enact no-bail laws that release arrested persons back on the street hours after their arrest so that they can, and often do, commit more crimes. These dangerous moves are pro-criminal and anti-victim.

Liberals/Democrats also failed to curtail the crazy riots, arson and looting in well more than 100 cities that followed the killing of George Floyd in 2020 at the hands of a Minneapolis police officer. This rioting, which was often defended as “mostly peaceful,” did as much as $2 billion dollars of damage to insured property, an unknown amount of damage to uninsured property, and worse, cost 15 people their lives.

Then came the not-so-brilliant idea of defunding the police, “re-imagining” law enforcement. This resulted in crime spikes in blue-run cities at shocking levels. Police officers grew tired of the lack of support, anger and violence they experienced, and took retirement or just quit working. And that contributed further to the crime sprees that still exist.

Liberal educators and school boards have been secretly changing approved and traditional curricula to include indoctrination; teaching young kids about dangerous gender transition, that boys can become girls, and girls can become boys at will, except that they say there are no such things as males and females anymore. 

Instead of teaching legitimate school subjects full time, there is the idea that everyone must use each persons’ chosen pronouns instead of their birth pronouns; mothers and fathers are now “birthing parents” and  “parents,” aunts and uncles are a “parents’ sibling”; and they falsely teach that America is filled with white oppressors mistreating the oppressed non-white minorities in what is called “Critical Race Theory.”

While China teaches its youth about math and science, the U.S. increasingly is spending less time on real education, and more time on indoctrination of “woke” ideas.

One political party is proposing radical changes to fundamentals of our Constitution and the way the nation operates. The Democrats in Congress support eliminating the Electoral College, a device created by our Founders to protect smaller states from being under the thumb of the most populous states.

Also in their tool chest of dominance, is doing away with the Senate filibuster, which Democrats have themselves used when desired. The filibuster enables the minority party to act to stop the passage of measures it believes are bad law. Without this long-time feature, the tyranny of the majority can become reality.

The Democrat leader, the President of the United States, is accusing the opposition party — the party that defends the Constitution and generally supports the current ways of doing things — of doing what his party is actually doing, which is radically attacking our democracy, our democratic republic style of government.

This party also supports weakening the election process, the security and reliability of which must be beyond question. For example, it opposes voters being required to show photo IDs that prove who they are in order to vote. 

But it also supports mailing ballots to all registered voters, even to voters who did not request a ballot, and collecting ballots by mail. It also supports voted ballots being dropped into unguarded drop boxes along the streets 24 hours a day for days on end so that anybody can dump as many “ballots” as they want.

In-person voting is the most secure method, and voting by mail is the least secure.

Other things on the Democrats’ list of accomplishments are these items, highlighted by Virginia 9th District Congressman, Republican Morgan Griffith in his weekly email communication. “In less than two short years, unified Democrat control of the Federal Government has diminished our country in ways that would astound even a pessimist,” Griffith wrote.

“Inflation has risen to levels not seen in forty years. Gas prices hit record highs earlier this year. More than two million illegal immigrants have been encountered at the southern border this fiscal year before it has even ended, not counting the significant number that have evaded detection.”

“President Biden and the liberals in Congress wreaked havoc on the economy by pouring trillions of dollars into it,” he continued. “Too many dollars chasing too few goods is the classic formula for inflation, yet Democrats persisted.”

With control of the Executive Branch and both the House of Representatives and the Senate, the Democrats could do so much to help the country. They could revise the U.S. tax code, designing it with fewer loopholes and sensible tax rates. They could have left intact our recently regained position of energy independence that would have allowed the U.S. to help provide energy to countries now buying energy from Putin’s Russia, among other things.

Instead, its control has botched the Afghanistan withdrawal that killed 13 U.S. military personnel and many local allies, allowed the highest inflation in decades, contributed to the death of many Americans from the Fentanyl flooding across the southern border, doubling the size of the Internal Revenue Service, and a new recession that shows no signs of letting up, to name a few.

And we have two more years of this disaster to come.

Thursday, April 02, 2020

The coronavirus COVID-19 problems are not limited to illness



The coronavirus COVID-19 situation threatens both the health of the people and nation’s economic health. And efforts to protect either side of that coin can endanger the other side.

Keeping Americans safe from the virus and possible death is of greatest importance, but when the virus crisis is over, we don’t want to find a decimated American economy, with hundreds or thousands of businesses permanently shuttered, and thousands or millions of previously employed Americans on the unemployment line.

These are the two serious challenges from the virus, and negotiating the proper balance between them is a tricky task. We want to keep people separated from others to reduce the spread of the virus, but we can’t keep the economy in this heavily shut-down state for so long that it does serious damage.

The White House Coronavirus Task Force is staffed with medical professionals and scientists who are advising President Donald Trump on how the country should respond to this crisis.

The actions that have been taken to slow the spread of COVID-19 were based on the Imperial College London Model developed by Professor Neil Ferguson. The Imperial model predicted that up to 2.2 million Americans could die from the virus if nothing is done to stop it, and that it would peak in June. The recommended social distancing and self-isolation policies were put in place in response to that study.

Then last week Oxford University epidemiologist Sunetra Gupta published an article on another model of the virus developed at her university. The Oxford model suggests that the virus had been in the UK for at least a month earlier than originally thought, and if so, then perhaps as much as half the population had already been exposed to it, and most cases resolved themselves without any medical issues, and without an awareness that a new virus was present.

“I am surprised that there has been such unqualified acceptance of the Imperial model,” Gupta commented, arguing that the model is highly flawed.

The same condition that Gupta’s model suggests occurred in the UK may also have existed in the U.S. People with the same symptoms as with COVID-19 infection would not have been diagnosed with a COVID-19 infection, since we had little or no information on the virus, or didn’t know it was present in the country at that time. Ferguson has now revised his initial predictions downward, but believes the Oxford model is too optimistic.

The economy is struggling, and the longer these measures are in place, the worse it will get. Many businesses have closed or are working on reduced hours, and many workers have been laid off, schools are closed and children are at home. 

The longer businesses are closed or experiencing substantially lower revenue, the greater the chances that many will die and be unable to reopen, millions will be unemployed, due to the resulting job shortage. And then there is the shortage of goods and services these closed businesses are no longer producing.

Economist Thomas Friedman addresses the situation that the coronavirus taskforce faces in an op-ed in The New York Times. “Our leaders are not flying completely blind: They are working off the advice of serious epidemiologists and public health experts,” he wrote. “Yet we still need to be careful about ‘group think,’ which is a natural but dangerous reaction when responding to a national and global crisis. We’re making decisions that affect the whole country and our entire economy — therefore, small errors in navigation could have huge consequences.”

Acknowledging the seriousness of the virus and the critical need for doctors and nurses, hospital beds, critical care beds and medical equipment for those who are suffering, Friedman calls for rapid, and widespread testing to “surgically minimize the threat of this virus to those most vulnerable while we maximize the chances for as many Americans as possible to safely go back to work as soon as possible.” He then cited an unnamed expert who thinks that “could happen in as early as a few weeks.”

It is imperative that businesses should reopen as soon as they can do so safely, so that people can get back on the job. Business that are closed cannot produce the goods and services that the nation and its people rely on, and the longer the halt in production lasts, the more serious the shortages become. 

The stimulus package that Congress passed will help people cope by giving them money, but it will not address the problem of the insufficient supply of needed goods and services, such as producing and delivering food and medicines throughout the country. 

The number of Americans suffering from the COVID-19 virus is large, but it is a very small percentage of the population. On Sunday, 138,879 people were confirmed to have the virus. That is a tiny fraction of 1.0 percent of the 330,000,000 people in the country.

That number will continue to rise until we get control of the virus, and we must work hard to keep it as small as possible.

But we must also act to protect the economy from collapse. If we don’t, economic circumstances will add to the number of deaths the virus itself is causing.

Monday, April 22, 2019

Celebrate the good that’s happening and fix the country’s problems


That President Donald Trump has many critics is no surprise. That he has created much of the negative feelings people have for him is also no surprise. One interesting question is, “how much of the anti-Trump fervor is legitimate opposition to his agenda, or a true belief that he is unsuited for the job, and how much is just an emotional reaction to his personal behavior?”

His pugnacious style, attacking those who criticize him, and fighting back against those who attack him, is at the root of much of the negative sentiment towards him.

Genuine dislike for Trump, some of that from hurt feelings, seems to be what drives most – or at least much of – the bad feelings toward him. So, if Trump can be fairly accused of obsessive behavior that drives much of the negative sentiment, are his detractors not also behaving obsessively?

Some abandon their professional ethics and standards, saying, in effect, “Trump made me do it.” And that attitude has taken its toll in the field of journalism, which has been severely damaged of late, and elected representatives and senators shirk their responsibility to their constituents in order to focus on obstructing Trump.

Why not balance those negative emotions with earned appreciation for the good things that have happened and are happening during Trump’s tenure as president, the strong economy being a major factor? Are these folks so petty that they cannot admit that he is doing some good things?

For example: since Trump took office unemployment has dropped, currently at 3.8 percent; we have the lowest unemployment rate in history for women, African-Americans and Hispanics; there are more job openings than there are unemployed Americans, seven million job openings and six million unemployed; the number of those counted as outside the labor force tumbled by 487,000 in 2018, asworkers who had become discouraged and dropped out of the labor force are coming back.

He has eliminated many regulations that impeded economic progress; tax cuts have further spurred the economy and resulted in people keeping more of their earnings; wages are going up with Real Weekly Earnings up 2.6 percent; manufacturing added more jobs than government, reversing the Obama trend; some companies that left the U.S. have returned, bringing jobs back; and the GDP growth rate is up.

Why not focus on fixing problems that the nation faces?

The Left largely sympathizes with the undocumented immigrants – that’s “illegal aliens” for the non-politically correct among us – and denies that the tens of thousands sneaking across the southern border and the tens of thousands more who have over-stayed their visas comprise a crisis. Trump, on the other hand, understands that it is a crisis, agreeing with the federal immigration workers and those states that have to try to deal with this senseless situation. 

The Democrat-controlled House of Representatives, instead of doing its job and helping to revise outdated and flawed immigration laws and procedures to help protect the country and the constituents that elected its members, plans to investigate Trump some more.

The Left’s favorite narrative is that these people are fleeing dangerous conditions, or are just looking for a better life. Of course some, likely most, are. There are proper ways of doing this, and sneaking across the border is not one of them. But others are sex or drug traffickers, robbers, rapists and murderers. 

All of those groups – both those having the best intentions, as well as those with the worst – have one thing in common: they are in the U.S. illegally. Why is any true American willing to allow this to continue?

And while the mainstream media has successfully downplayed this situation, the problem is much worse this year than last. The Federation for American Immigration Reform (FAIR) reported on its website, “According to U.S. Border Patrol (CBP), in six and a half months their agents have apprehended more than 418,000 illegal aliens, which surpasses the total for FY2018. In the last six months, CBP has encountered more than 3,000 fraudulent family units. And CBP had apprehended almost 1,000 illegal aliens, mostly family units, before 5 a.m. on April 16.”

“Anti-enforcement politicians and Democrats in Congress reflexively blame the Trump administration or Central American dictators,” the report continued. “Democratic presidential candidate Gov. Jay Inslee (Wash.) even blamed the crisis on climate change.”

While we know that the Russians attempted to affect the 2016 election, as they have in previous elections, there is no evidence that anything they did had a real effect on the outcome. Therefore, Trump was properly elected as president under the electoral system that our Founders designed, and that has worked for well over 200 years.

There is important work to be done that is currently being delayed largely by the obsession to obstruct Trump, and ultimately remove him from office. Those things include: reforming our immigration system, straightening out the shambles that are the healthcare system, paring down the size and cost of government, and continuing to reduce harmful regulations. And these areas affect all Americans, Republicans, Democrats and everybody else.

Finding satisfactory solutions to these problems requires everyone’s good intentions and honest efforts. Now it’s time to get to work.

Thursday, April 11, 2019

Jobs combat poverty; over-regulation discourages businesses and jobs

Magatte Wade was born in the West African nation of Senegal, was educated in Germany and France, then came to the U.S. She is a frequent speaker at business conferences and college campuses, including Harvard, Yale, Columbia, Cornell, Brown, Dartmouth, MIT, and Wharton. She has started businesses and with her husband is working to create schools in Senegal.

Part of one of her addresses featured on YouTube dealt with how not to be poor. What she said to her audience is a good lesson for everyone.

“People are poor. Why are you poor?” She answered, “you're poor when you don't have enough money to meet your basic needs.” 

And then, the big question: “Where does a source of income come from for most of us?” The answer is, as former Vice President Joe Biden famously said: that three-letter word: ‘JOBS.’

This is not a bolt from the blue to most of us, but to her audiences in colleges and in her native Senegal, this solution may not be so obvious. In fact, some of her audiences responded that jobs actually come from government.

Yes, she responded, some jobs are provided by government. But where does government get the money to pay its employees?

“It comes from taxes. People who work, employees; people who hire them, the companies and employers, pay [taxes] so that we in turn pay these government people.”

So, “we're back to commerce … we're back to business.”

“So I say,” Wade continues, “okay, if ‘jobs’ is the solution to this massive, massive problem we have out there of poverty, then don't you think that maybe we should try to think about where jobs come from?”

If jobs are the answer, and jobs come from entrepreneurs, businesses, “then don't you think that we should really try and pay attention to what type of environment those businesses get to operate in,” Wade asked?

What a concept! Since businesses large and small provide the jobs people need to avoid poverty, and enable workers to pay taxes, and pay taxes themselves to support the government, let’s be careful about the environment that we create for businesses.

In America, it should be easy for someone with a new idea or just the drive to start a business that will provide goods or services, and hire some people to work in it, so long as it follows reasonable laws and regulations. The operative word is, “reasonable.”

Far too often, this is not easy, and sometimes impossible. 

Writing in Business Insider, Michael Snyder addresses this issue. “Small business in the United States is literally being suffocated by red tape. We like to think that we live in ‘the land of the free,’ but the truth is that our lives and our businesses are actually tightly constrained by millions of rules and regulations.” 

“Today there is a ‘license’ for just about every business activity,” Snyder adds. “In fact, in some areas of the country today you need a ‘degree’ and multiple ‘licenses’ before you can even submit an application for permission to start certain businesses.” It gets worse. “And if you want to actually hire some people for your business, the paperwork nightmare gets far worse. It is a wonder that anyone in America is still willing to start a business from scratch and hire employees.”

“The truth is that the business environment in the United States is now so incredibly toxic that millions of Americans have simply given up and don't even try to work within the system anymore.”

To put the regulatory issue into perspective, the Federal Register is where federal rules are catalogued. The number of pages in it was about 2,600 in 1936. That’s a lot of pages of rules, but it pales in comparison to the calendar year of 2016, when the number of Federal Register pages stood at 95,854.

Certain variables factor into this: Some rules take more pages than others, and page size is also important. However, most novels have 250 words per page, and a really long novel has 425 pages. At the end of 2016, the Federal Register had as many pages as 225 long novels, and 383 normal-sized ones.

President Donald Trump has implemented efforts to reduce regulations by signing an executive order on Jan. 31, 2017 for the agency requesting a new regulation to cut two older regulations.

A Daily Caller story said that the Trump administration “reported $23 billion in savings from 176 deregulatory actions in fiscal year 2018. Even more consequential, the administration has issued 65 percent fewer ‘significant’ rules — those with costs that exceed $100 million a year — than the Obama administration, and 51 percent fewer than the Bush administration, after 22 months in office.”

That’s a start, but a lot more needs to be done to give Americans the freedom and ability to start a business or get a job.

A final word from Magatte Wade: “Not living up to our potential is a failure for which the only person who can possibly be responsible is oneself.“

She’s right, of course, but things like over-regulation make that much more difficult for even those who are determined to succeed.

Tuesday, November 06, 2018

The economy’s strong performance has Trump enemies all flummoxed

Citing President Donald Trump’s “nativist fear” in the opening paragraph of an article in The New York Times titled “Republicans Have a Humming Economy to Tout, but Trump Rhetoric Muddies the Message,” writers Astead W. Herndon and Sydney Ember proceeded to analyze the economy of Trump’s second year.

The article does a passable job of showing the strength of the economy, and it fairly criticizes Trump’s penchant for careless or objectionable language and how it interferes with good news.

Here are some reminders of the economy’s strength:
* 250,000 jobs added in October: Hotels and restaurants added 42,000 jobs; health-care companies hired 36,000 workers; manufacturers filled 32,000 jobs; construction companies took on 32,000 workers
* Unemployment 3.7 percent
* Average Hourly Earnings have risen 3.1 percent over the last year
* Third quarter GDP +3.5 percent

However, Herndon’s and Ember’s comment, "President Trump’s blistering message of nativist fear has become the dominant theme of the campaign’s last days..." is an attention-getter.

“Nativist” clearly implies that Trump favors the interests of Americans, as if it is wrong for the leader of a country to favor that nation over others.

Adding the word “fear,” however, drives the article over the cliff. It charges Trump with being afraid of immigrants and for the country to allow people to immigrate here. That’s an interesting position for a man to hold who has an immigrant wife. It’s equally as foolish as the criticism that he is anti-Semitic, with a son-in-law who is Jewish and a daughter who married him who has adopted Judaism.

As Herndon and Ember are reporters, neither having psychology or psychiatry credentials, their analysis of the president is immediately thrown open to suspicion of reportorial bias, which, of course, is unheard of at The Times (cough, cough).

To any thinking person, the idea that we should at long last secure our borders and tighten up immigration policy to prevent gang members, murderers, drug dealers, child traffickers and other undesirables from getting into the country is a no-brainer.

Not content to go quietly into that good night like his predecessors have sensibly done, Barack Obama, the blessedly formerpresident, is making the rounds criticizing his successor.

Since Election Day 2016 when Trump was declared the winner, the economy has been doing great, and as time has passed that performance has only gotten better. But Obama claims to have started it all  “Where do you think that started?” he asked an audience.

Obama took office in January 2009, as the recession was winding down, officially ending in June. Called “The Great Recession,” the period of contraction lasted 18 months, less than half that of The Great Depression.

The Federal Reserve Bank of Atlanta called the recovery “atypical and very weak compared to other post World War II recoveries.” Obama’s policies were responsible for this.

After a recession the economy will eventually produce a weak recovery pretty much on its own, but needs help to prosper. Like a car out of gas at the top of a hill, it can roll toward the filling station on its own until it hits flat land. Then it needs help. Under Obama’s watch, he used the brake on the downhill roll, and didn’t push after that. And that is his basis for taking credit for today’s good economy.

What has transpired since Trump won the 2016 election had nothing to do with anything Obama did, because the results we see today came from doing the opposite. Remember Obama saying, “When somebody says  … that he’s going to bring all these jobs back. Well how exactly are you going to do that?” … “What magic wand do you have?”

Trump’s response: “Here, hold my coffee!”

Obama now defends the thousands of people traveling through Mexico toward the U.S. border, with the idea of busting through our border as they did in Guatemala and Mexico.

"Now the latest, they're trying to convince everybody to be afraid of a bunch of impoverished, malnourished refugees," Obama said, imitating a contestant in a stand-up comedy tryout.  “They’re telling you the existential threat to America is a bunch of poor refugees 1,000 miles away,” Obama said. “They’re even taking our brave troops away from their families for a political stunt at the border. And the men and women of our military deserve better than that.”

As poet Browning said (sort of), “How do I deceive thee? Let me count the ways.”
* Impoverished and mal-nourished? It’s no picnic, but people provide food along the way and often transportation, thanks to their financial backers.
* A serious threat? Yes. Existential? No. Obama grossly exaggerated.
* A bunch of poor refugees? Some of the 5,000–7,000 no doubt are; some, perhaps many, surely are not.
* Taking troops away from their family? Troops deploy; they are sent places, as Obama surely remembers from sending them to the border, and to Eastern Europe.

The Democrats’ desperation is palpable. They’ve resorted to threats, intimidation, exaggeration and untruths trying to save their party in today’s election, and to save the country from the good things that have occurred since that great Election Night in 2016.

Tuesday, January 23, 2018

Repairing the damage of regulatory over-reach: so far, so good




Is the fact that overregulation kills economic growth one of the country’s best-kept secrets? Or is it perhaps that the effects of overregulation are not widely understood or discussed. With all that’s been going on – the tax bill, the government shutdown, everything President Donald Trump says, does, wears, tweets or thinks – showing the downside of too many regulations and too much government doesn’t attract nearly as much attentions as it should.

A huge number of Americans don’t understand how over-regulation negatively affects the economy, and quite a few subscribe to the idea that in order to keep greedy businesses in line, more regulation is needed. This condition provides bureaucrats and politicians to hurt the people they exist to serve by putting harmful regulations into effect.

Every regulation businesses have to follow costs them money, increases the cost of products and services to customers, and makes operating a business profitably more difficult. Every dollar spent on non-productive and unnecessary regulatory compliance is a dollar that can’t be used for higher wages, better equipment, expansion and other beneficial things.

Trump pledged to get rid of two existing regulations for every new regulation, which has never been done before. The actual reduction in regulations last year was even better than two for one, and the economy has shown its appreciation through job creation and higher GDP.

Maurice McTigue, Vice President of the Mercatus Center at George Mason University, says that in addition to millions of Americans, many of those serving in Congress also don’t understand the economic effects of over-regulation. And he said “the pace of regulatory reform going on today is faster than at any time since the Reagan Administration.”

Research from Mercatus shows that if regulations since 1980 had just been held at that level, the economy would have been 25 percent larger by 2012. But regulations grew to the point that in 2012 the economy was $4 trillion smaller than it would otherwise have been. That works out to the equivalent of 32 million lost U.S. jobs.

If that lost $4 trillion was a country’s economy, it would be the fourth largest economy in the world, McTigue wrote.

One area where reducing regulations has had beneficial effects is in coal country. Last October Fox News reported coal production was down 31.5 percent over the last 10 years, but was up 7.8 percent to that point in 2017.

Politifact noted that Fox had under reported the numbers, using projections rather than actual figures, which show production was actually 12 percent higher than at the same point the year before, and the decline over the last 10 years was closer to 33 percent.

“According to the Energy Information Agency, West Virginia coal production year-to-date is up 20 percent over the same period last year,” West Virginia Coal Association President Bill Raney wrote last November, and we appear on target to possibly cross the 100 million ton level for the full year.”

“Even so, we remain a long way from the 170 million tons we produced in 2008, before the Obama Administration began its war on coal. And we may never get back to those levels, because most of those 400 coal-fired power generation units Obama shut down with his regulatory assault have been torn down, left to rust or converted to natural gas,” Raney continued.

“The good news is the world never stopped recognizing the value of coal, and 2,200 new coal-fired power plants are scheduled to go online between now and 2040. Many of those plants will look to import their supplies and we plan to be the source of much of that coal.”

“But none of this would be possible without the 2016 election of President Trump,” Raney acknowledged. “He has one-by-one rescinded every anti-coal regulation enacted by the Obama Administration, and he continues to do more. Just recently, his Department of Energy issued a report that said it is vital for the U.S. to preserve its coal fleet for the sake of the stability and reliability of the electric grid.”

In a state as badly damaged by regulatory warfare as any in the nation, West Virginia is dramatic evidence of both the horrors over-regulation causes and the benefits of getting rid of harmful government interference. West Virginia’s unemployment rate has fallen from double digits in late 2016 to 4.4 percent in November.

Think what you will of Donald Trump, but he has been in business for a while, and he has been successful at it. And because of his experience, he knows that a prosperous nation needs successful and thriving businesses to provide needed and wanted goods and services, as well as the jobs that provide people the money they need to purchase those things they need and want, and to live a decent life.

Regulatory reform and improvements to the tax system have already produced positive results in the economy, pushing unemployment to much lower levels than they have been for a while and pushing productivity to respectable levels after many years of unsatisfactory performance.

We should be appropriately pleased with the good things happening in our country today, not overly critical of the person who has allowed them to occur.

Tuesday, November 07, 2017

Tax plan provides needed reform and increased economic activity


President Donald Trump and Congressional Republicans have a tax plan up for consideration. Tax relief is badly needed, as is a budgetary overhaul that addresses and works to reduce the annual deficits and the insane national debt.

Analysts say that many good things are proposed but, of course, it is not – and cannot be – perfect, or even acceptable, for everyone.

The following three takeaways come from an analysis by the Heritage Foundation:

1. Simplification - The proposed plan would vastly simplify the tax code by eliminating a host of unnecessary and inefficient provisions designed to benefit special interests; would also simplify the process of tax filing by doubling the size of the standard deduction, which would cut in half the number of taxpayers who need to itemize their deductions; collapses seven different tax rates into four and simplifies the tax code.

2. Lower Rates - The proposed plan would drastically lower tax rates for lower-to-moderate-income individuals and families, small businesses, and corporations. The new 20 percent corporate tax rate would help make the U.S. competitive with the rest of the world, and the top 25 percent small business or pass-through tax rate would go a long way toward stimulating entrepreneurship, job creation, and income growth across all income groups in America.

3. Business Taxes - The combination of business tax reforms — including five years’ worth of full expensing, and a modernized international tax system — would provide a huge boost to the U.S. economy and its workers; have the potential to bring trillions of dollars back into the United States and to significantly boost economic output, jobs, and incomes within the U.S.

Heritage notes an area that is popular with liberals, but that is an economic negative: “By maintaining the top marginal tax rate on individuals, however, the plan would fail to achieve optimal economic growth, as it leaves a significant portion of economic activity subject to a 39.6 percent federal tax rate (43.4 percent including the Obamacare surtax).”

In this crazed Congressional atmosphere, the special interests and fact-twisters will interfere with the tax plan’s efforts at reforming the current tax system from the chaotic monster that it has become into a simplified and manageable one. This environment means progress will be slow, but we must take what we can get.

Naturally, those pro and con are putting forth their assessments to rally the troops, and the truth often gets trampled beneath the stomping feet of the partisans.

"The more people find out about it, the less they'll like," Senate Minority Leader Chuck Schumer, D-NY, said. "This bill is like a dead fish. The more it's in sunlight, the more it stinks, and that's what's going to happen." Thanks for the graphic description, Senator, and for providing no details.

Not to be outdone, House Minority Leader Nancy Pelosi, D-Calif., said, "The American people deserve real, bipartisan tax reform that puts the middle class first. This Republican plan doesn't do any of that. In fact, it's a giveaway to corporations and the wealthiest." More blather that slings general concepts, but provides no substance, and is at odds with reality.

The idea of America’s Founders was a limited government, one that didn’t overly intrude on the lives of its citizens, and therefore would ideally be relatively small, relatively inexpensive and quite efficient. Obviously, through the decades our elected officials have been unfaithful to that design.

Over time government has grown in virtually every way that it should not have. The power of the IRS and the bulk and complexity of the tax code are good examples. The U.S. Tax Code consists of 82,000 pages. It contains a long list of taxes, including one that taxes people for the privilege of dying. Change is unarguably needed.

A major criticism is that the Republican plan will add to deficits and the national debt. But this depends upon which scoring analysis you use.

Simply put, static scoring considers that tax cuts reduce tax revenue, and raise the deficit. Dynamic scoring, on the other hand, takes other factors into account, such as the economic boost from tax cuts and reduced regulatory restraints on economic activity.

Tax cuts and regulation reduction are the mother’s milk of economic growth. Businesses respond to them like plants do to sunshine, rain and fertilizer; they grow, producing jobs and raising tax collections.

Tax cuts obviously put more money at play, as people buy more of the things they want and need, and businesses then must increase the available supplies of the things people are buying in greater quantities, and grow to meet the demand.

Everyone benefits from measures that drive economy activity. While it is unlikely that the economic activity produced by the plan will completely erase the deficit created by tax cuts, it will erase some of it, and it produces other benefits that cannot be ignored. And needed spending restraint will make up the difference.

A perfect bill, one that everyone in Congress likes, is virtually impossible. However, this plan is a good start on needed improvement, and it must be viewed for the good it accomplishes rather than for the few less-than-perfect elements it contains.

Tuesday, April 11, 2017

Some good news for local economies battered by the War on Coal



It is a common idea among many Americans that coal as a major industrial fuel is dead, or at least dying, and cleaner fuels, like wind and solar energy, and natural gas, are taking over. There is some truth there; but there are other influences on coal’s recent decline.

Less costly natural gas has become the fuel of choice in power plants and for other industrial uses, not because of the natural relative price of the fuels, but because of the cost of regulatory demands on mining and burning coal that require enormous investments that have priced coal higher than natural gas. Remember former President Barack Obama’s prediction: “So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them.”

These regulations produced the closing of more than 400 coal-burning power plants, which dropped the demand for coal, and altogether put 63,000 people in the coal industry, electric production industry and related support industries out of work in just the last few years.

At just the right time hydraulic fracturing (fracking) became popular, after lying mostly dormant since its first commercial application in 1957, and that produced a boom in natural gas production at attractive prices to compete with coal.

Many think burning less coal is a great thing, because burning coal fouls the air and is dangerous to our health, a “truth” which loses importance when you know the actual infinitesimal improvement in air quality derived from burning less coal.

However, considering all those factors, and paraphrasing a famous quote attributed to Mark Twain, the rumors of coal’s demise have been greatly exaggerated.

Of course, coal will never regain its former dominance among industrial fuels; time and technological/industrial evolution would just as certainly, although much more gradually, have eaten into coal’s popularity without the help of the Obama War on Coal.

But the regulatory adjustments of the Trump administration, the growing acceptance of the idea that the climate change/global warming mania is dramatically overstated, the reality that coal is still the best fuel for many things, the fact that many countries that do not have domestic coal supplies depend upon it for fuel, and the improvement in coal-burning technology all point to a continued market for American coal.

And let’s not forget that fossil fuels made up 81 percent of the fuels used to produce electricity in 2016, and coal is still the primary fossil fuel in electricity production.

Industry insiders, like Murray Energy CEO Robert Murray, see a partial resurgence in coal. “Coal will grow back,” he told Fox Business Network’s Stuart Varney. “But we’re in a decline right now.”

He went on to say that Trump “can bring back at least half of those [63,000 lost] jobs as the economy grows and as he ends the regulations on coal.” He noted that we have not had a level playing field in coal; “the government has been picking winners and losers.”

And he told Maria Bartiromo, also on Fox Business Network, former President Obama closed 411 coal-fired plants, and that the Clean Power Plan which Trump ended recently, would have closed 56 more plants. That, he said, would have caused a steep spike in electric rates.

“As [Trump] grows the economy [and] brings jobs back to America, coal will participate in that growth because we are one-sixth the cost of a windmill and one-fourth the cost of natural gas,” Murray said.

Rep. Bill Johnson, R-Ohio, said, “The coal industry knows and understands how to mine coal … and protect our environment. We don’t do it the way it was done 50, 60 years ago.”

Here are a few pieces of evidence:

* Reports from the Kentucky, West Virginia and Virginia coalfield regions say that mines are cranking back up and miners are being rehired. Train yards are seeing cars filled with coal moving through them in greater numbers.

* Bluefield State College recently held a Job Fair to immediately fill 85 open coal positions at Wyoming and McDowell county mines that mine coal used in making steel.

* Fox News reports that in Wise County, Virginia, a “long-awaited revival is under way in this beleaguered Central Appalachia community where residents see coal as the once and future king. Trucks are running again. Miners working seven days a week cannot keep up with current demand.”

* Coal exports through Hampton Roads last month rose more than 50 percent from last year's level, led by a nearly five-fold increase at Newport News' Pier IX, according to the most recent Virginia Maritime Association statistics. "A lot of mines are open again," said Harry Childress, president of the Virginia Coal and Energy Alliance."

Few if any argue that the coal industry will return to its former greatness, but it will certainly endure for many years at a lower level if natural forces are allowed to work, free of politically correct environmental engineering.

When you replace regulations resulting from selfish ideological goals with a business regulatory level based upon common sense, good things can happen.


And for areas of the country like ours, that have suffered so greatly from Obama’s over-zealous EPA, this is good news.