Pages

Showing posts with label Hillary Clinton. Show all posts
Showing posts with label Hillary Clinton. Show all posts

Thursday, January 09, 2025

Political considerations still control how our government works


January 7, 2025

As we watch Joe Biden’s presidency ending and prepare for President-elect Donald Trump to take office, some notable things have occurred.

First, Biden continued his questionable behavior by killing the sale of the troubled U.S. Steel company to Japan’s Nippon Steel. This transaction, had it been completed, would have been for more than $14 billion. 

In doing this, Biden said it was his “responsibility to block foreign ownership of this vital American company” as “this acquisition would…create risk for our national security and our critical supply chains.”

There is little evidence to support that. However, had the purchaser been our most significant adversary, Communist China, those who condemn Biden’s action would have celebrated it.

U.S. Steel was founded 1901 by Andrew Carnegie, J.P. Morgan and Charles Schwab. It is the first U.S. company to achieve a worth of at least $1 billion not long after its creation. However, during the 20th century the company had serious problems, which brought about trying to sell it.

Japan is a strong ally of the U.S. and would have been a good owner of the company, keeping it alive. U.S. Steel had warned that, “without Nippon Steel’s cash, it will shift production away from its aging blast furnaces to cheaper non-union electric arc furnaces and move its headquarters out of Pittsburgh,” as reported by the Associated Press.

Biden, who prides himself as the most pro-union president ever, seemed to not notice that possibility.

Also, Biden awarded the Presidential Medal of Freedom to 19 people at a White House ceremony. The Medal is the Nation’s highest civilian honor, and is presented to individuals who have made exemplary contributions to the United States, to world peace, or other significant endeavors.

Prior to giving the awards Biden noted that the recipients are “a collection of people, with different backgrounds, beliefs, talents, generations, and agendas, using their remarkable gifts and unwavering passion to strengthen our resolve as one nation, under God, indivisible, with liberty and justice for all.”

Among those receiving this special award were some well-known people, including Robert F. Kennedy (posthumous), Michael J. Fox, Denzel Washington, Lionel Messi, Earvin “Magic” Johnson, Ashton B. Carter (posthumous), Bill Nye, and Ralph Lauren.

However, there were two others who are well known, and controversial: former Secretary of State and former Democrat presidential candidate Hillary Clinton and notorious philanthropist George Soros.

As Secretary of State, Clinton was lackluster. Her time as a senator and first lady were no better. She is best known for her erroneous claims, such as that as first lady she traveled to Bosnia, and “landed under sniper fire.”

More recently, she said that “If you’re just catching up: The Republican Party, taking orders from the world’s richest man, is on course to shut down the government over the holidays, stopping paychecks for our troops and nutrition benefits for low-income families just in time for Christmas.” Really?

George Soros is a strong supporter of progressive projects, and has poured billions of dollars into them through his Open Society Foundations. He funded groups supporting anti-Israel protests on college campuses.

Worse, he has invested heavily in political campaigns of far-left, progressive — read “pro-criminal” — district attorneys in major cities. Two of these are Manhattan’s Alvin Bragg and Larry Krasner in Philadelphia. These two prefer pursuing criminal justice reform over finding and prosecuting criminals.

Just last week as the 119th Congress prepares to begin working, the House of Representatives addressed its first step, which is electing its Speaker. The Republican candidate, who was depending on a very narrow majority, was former-Speaker Mike Johnson, and the Democrat candidate was Minority Leader Hakeem Jeffries.

The House can do nothing until it elects the Speaker, and a vote to certify the election of the next President is at the top of the list, right after members of the House are sworn in. So, a smooth and quick Speaker election is critical.

What should have been a simple task of taking an hour to count the votes and complete the election was thrown into chaos by a few Republicans who did not want Johnson in the position.

Of the 219 House Republicans all but three understood the importance of getting Johnson elected quickly so they could get on with the important work of the House did vote for Johnson. He then fell short of the needed 218 votes, which was the majority of those voting.

The three who wanted to play games with this important action were Rep. Thomas Massie of Kentucky, Rep. Ralph Norman of South Carolina, and Rep. Keith Self of Texas. It would have made more sense to elect Johnson and get to work, and if there was strong enough support to replace him, wait until the House was up and running. 

It appeared initially like a second vote would be needed. Johnson talked with each of the three to try and work things out. But ultimately, what did the trick was a phone call from Trump.

So, the efforts of three Republicans to continue the insanity that began with the ouster of former-Speaker Kevin McCarthy in 2023 did not succeed. And now the House can focus on passing legislation that will help restore America. 

Tuesday, November 08, 2016

October’s jobs and economic numbers do not warrant much celebration




President Barack Obama’s last chance before the election to show that Democrat policies are producing favorable economic and job conditions has ended, and October’s economic numbers contain some positive news, but not a lot.

Among the better news, the most often cited unemployment rate dropped slightly, and average hourly earnings for all employees on private nonfarm payrolls rose by 10 cents.

President Obama and the Democrats are thrilled that the U-3 unemployment rate dropped a bit in October to 4.9 percent, the same level at which it stood in June, July and August before rising to 5.0 percent in September. Unemployment of 4.9 percent is a respectable rate, so long as other factors do not provide contradictory facts. But, alas, they do.

The U-3 rate is one of six different looks at alternative measures of labor underutilization in the country, and counts those in the labor force who are working as well as those who have lost their job, but are actively looking for another one.

The weakness of the U-3 is, however, that there are a tremendous number of Americans of working age who are not working or looking for a job any longer because they became discouraged at being unable to find a job, and have dropped out of the labor force, although they would gladly go back to work if the business climate improved and the economy produced a job for them. The U-6 rate reflects the unemployment rate with these folks included in the calculation, and stood at 9.5 percent at the end of October. The U-6 rate is far more reflective of the actual health of the employment environment than the more frequently cited U-3 rate, and 9.5 percent is not good.

Thus far in 2016, employment growth has averaged 181,000 per month, compared with an average monthly increase of 229,000 in 2015. Neither level has been enough to help those millions of discouraged workers who have given up looking for work, as demonstrated by the U-6 unemployment number.

In October, 1.7 million persons were marginally attached to the labor force. While total nonfarm payroll employment rose by 161,000 in October, 487,000 discouraged workers dropped out of the workforce; three times as many people quit the workforce because they couldn’t find a job as were hired for a new job. That explains the small improvent in the U-3 rate.

“The sectors witnessing the strongest boost in hiring over the past year included education, health and professional and business services in October,” write Nick Timiraos and Josh Zumbrun on The Wall Street Journal blog. “The sectors with the weakest performance included manufacturing and mining.” Service sector jobs thrive while manufacturing sector jobs continue to suffer. And, since the last recession began in December of 2007, the number of new full-time positions and the number of new part-time positions are nearly equal.

Neither of these are good signs. Most people want full-time jobs, but they are in short supply, and that means lower earnings as a part-timer, or having to work multiple jobs to make ends meet. And in terms of worker earnings, manufacturing jobs most often pay better wages than service jobs.

The Labor Force Participation Rate was at 62.8 percent at the end of October, muddling along at levels not seen since the late 1970s.

A participation rate of 62.8 percent means that of every 1,000 people of working age that are actively in the labor force or have dropped out but are willing and want to work, only 628 have a job, a little less than two out of three. That translates to 94.5 million Americans of working age that are not working. The highest the participation rate has been in 2016 is 63.0 percent and the lowest is 62.6. Until after the recession began near the end of 2007, the participation rate hovered around 66.0, and nothing President Obama has done in eight years has reversed the steady slide and the leveling out in the 62 percent range.

After seven years in office the Obama economy had produced an average real GDP growth rate of a weak 1.55 percent, ranking Obama as fourth from the bottom of previous Presidents of the United States. In October 2016, GDP registered a growth rate of 2.9 percent, by far the best this year. However, by comparison, U.S. real GDP growth averaged 3.79 percent from 1790 to 2000. The Obama administration’s over-regulation and poor tax policies hampered business activity, hence job production.

As voters go to the polls to complete the process of choosing Obama’s successor, a major question is whether they will vote to elect Hillary Clinton and stay on the present failed course for four or perhaps eight more years of economic weakness, millions of Americans out of work, weak GDP, and jobs forced overseas by foolish tax and regulatory policy.


Or, will they vote for a change by electing Donald Trump, who at least very well understands business and how economic policies like those of Obama and Clinton harm the very people they are elected to serve. Let us hope for the latter, and provide America the chance for better things in the future.

Tuesday, October 25, 2016

News media has abandoned honesty and integrity


The news media has been referred to as the “Fourth Estate” for a long time. Thomas Carlyle, in his book "On Heroes and Hero Worship," attributes the origin of the term to Sir Edmund Burke: "Burke said there were Three Estates in Parliament; but, in the Reporters' Gallery yonder, there sat a Fourth Estate more important far than they all." Burke believed the Fourth Estate to be far more important than the other estates because its job was informing the public of what Parliament was up to.

The high regard for the Fourth Estate carried over to the colonies, and when the United States was formed the work of what we now commonly refer to as the news media warranted protections in the Constitution, specifically the First Amendment in the Bill of Rights, because its function was viewed as essential to the republic and protected the purveyors of important information from those who might prefer their activities to not receive wide dissemination, and who might use the courts or other means to keep important information from being made public.

Where news media is concerned, the First Amendment provides: “Congress shall make no law … abridging the freedom of speech, or of the press …”

However, while the Constitution can protect the media from those who dislike it by guaranteeing its freedom to tell all it knows, it does not have the ability to enforce integrity, honesty and fairness on the media. Those qualities are expected to be organizational and personal, ingrained in news providers and students of journalism, who should be taught and adopt the ethics of journalism and practice them always.

People in certain positions in our society have the job and the duty to play it straight down the middle, without allowing whatever personal feelings they may have to enter into the performance of their job. Among these are referees and other sports officials; judges in legal proceedings and other adjudicatory activities; and the news media, the people who provide the public with the critical information necessary for people to be able to make informed decisions.

The mechanisms for defending news reporting remain intact, but sadly the same cannot be said for the ethical imperatives of news reporting, as is being demonstrated daily in the national media. The most glaring example of this lack of ethics and integrity is the coverage of Republican presidential candidate Donald Trump vs. that of Democrat candidate Hillary Clinton.

One of many examples arose during the final presidential debate. When asked by debate moderator Chris Wallace if he would pledge to accept the results of the election, Trump’s answer was influenced by his oft-stated belief that the election system has many flaws, and he said, “I will look at it at the time.” Clinton slammed him for his answer, saying he is “undermining the pillar of our democracy,” the peaceful transfer of power.

Well, no, he was not. Who can really blame someone for wanting to wait until the election is over before deciding whether is was handled fairly? But Clinton’s position on that issue is much more highly favored by the media than Trump’s, so guess what the major news outlets told the world?

Things like this fire Trump’s claims that the news media are biased against him, and a new Quinnipiac University poll finds agreement among a majority of those polled. Fifty-five percent of likely voters agree the press is biased against Trump.

Earlier this month, Trump said some American soldiers “can't handle” the horrors of war, which causes their PTSD (Post-traumatic stress disorder). This statement was then distorted to suggest Trump disdains those who suffer PTSD.

This farcical misinterpretation was identified by Sen. John McCain, R-AZ, no great friend of Trump, who said: "The bias that is in the media. What he is saying is that some people, for whatever reason, and we really don’t understand why, suffer from PTSD, and others don’t.”

The news media's reaction to Trump’s PTSD comment appears to be the reaction of someone with an IQ south of 70, but we know that most media types are not stupid: Lack of intelligence is not the problem; media bias is the problem.

The media’s yearlong thinly disguised dislike for Trump has erupted into an open sore, and the collapse and disgracing of a critical component of our society is now inarguable. Attempting to justify this flagrant abandonment of professional ethics, New York Times media columnist Jim Rutenberg writes, “If you view a Trump presidency as something that’s potentially dangerous, then your reporting is going to reflect that … That’s uncomfortable and uncharted territory for every mainstream, non-opinion journalist I’ve ever known, and by normal standards, untenable.”

But some reporters, editors and producers regard Trump as so bad that normal standards no longer apply, and journalistic ethics that once were sacrosanct and provided a substantial measure of balance and fairness in news reporting have become obstacles to a media agenda.

One of the worst possible situations is when the source of critical public information abandons neutrality and takes sides. Like widespread corruption in government, widespread corruption in the information system is deadly to liberty.

Tuesday, October 18, 2016

Evangelicals face a difficult but clear choice on Nov. 8th





Of all of us are struggling with the difficult task of selecting from four candidates for President of the United States, with the two leading candidates having shown themselves to be highly flawed. But perhaps evangelical Christians have the most difficult task.

Since NBC “Today” co-host Billy Bush released the 11 year-old recording of vulgar “locker-room” banter between himself and Donald Trump, and since the recent accusations of Trump making inappropriate sexual advances to several women years ago, Christian’s face the question of how to react to the moral infractions that have been shown, and alleged.

Andy Crouch, the executive editor of Christianity Today magazine, expressed the general displeasure of evangelical leaders to these things, writing, “Indeed, there is hardly any public person in America today who has more exemplified the ‘earthly nature’ … that Paul urges the Colossians to shed: ‘sexual immorality, impurity, lust, evil desires, and greed, which is idolatry’ (3:5). This is an incredibly apt summary of Trump’s life to date. Idolatry, greed, and sexual immorality are intertwined in individual lives and whole societies.”

Those who have been around for more than a few years remember a similar situation involving President Bill Clinton and then-First Lady, and now presidential candidate, Hillary Clinton from the mid-1990s. In both cases religious folks had plenty to object to on moral grounds.

Bill Clinton’s affair with a White House intern led to his impeachment by the House of Representatives, not for his immoral conduct, but for lying about it under oath to a federal grand jury. Despite this, Clinton was able to finish his second term as President.

While nearly everyone agrees that such conduct is wrong, not everyone agrees on how important these kinds of things are in terms of whether they should disqualify someone from becoming or remaining President of the United States. It obviously was not considered important enough to remove Bill Clinton from office.

But that was then and this is now, and today Christians and Christian activities are being criticized as never before. A faction of the public wants to ban public Christmas scenes, and to malign religious institutions in general.

Donald Trump’s political enemies think evangelicals must focus on the she-said/he-said of the recent allegations of inappropriate sexual advances on women, and believe that if these allegations are true he should be disqualified from the presidency.

However, many or most evangelical Republican leaders are sticking with Trump, saying that despite his lewd comments there is no other real option for them. They generally say they will not abandon Trump, as quite a few Republicans in Congress have already done.

“It’s not like this is new,” said Family Research Council President Tony Perkins. “That’s why I aggressively supported another candidate in the primary, Ted Cruz, who I share values with. But we only have a choice between Hillary Clinton and Donald Trump now.” And Franklin Graham conceded that while Trump’s comments on the recording are troubling, they are not sufficient to abandon him, and that the “godless progressive agenda of Barack Obama and Hillary Clinton likewise cannot be defended.”

Evangelicals face criticism for not walking away from Trump and his immoral behavior, but they realize that one of the two flawed candidates will win the election, and they must support the one that has the best plan for the country and the most favorable view of the place of religion in their lives. Trump may fail the first test, but he passes with flying colors on the second one.

American Values President Gary Bauer believes that if Hillary Clinton becomes president, religious schools will be forced to do things that are against their religious principles; she will appoint liberal justices to the Supreme Court; religious displays in the public square will face bans; and Clinton has expressed hostility for Second Amendment rights. Donald Trump takes the appropriate view of these things.

“A Christian who cannot see the difference between a candidate who has sinned and yet promises good policies, and a candidate who has sinned and promises bad policies,” he wrote, “has been failed along the way — either by our educational system, our political leaders or our faith leaders.”

“And, he wrote, “voters should do everything they can to make sure Crooked Hillary never steps foot in the Oval Office!”

Basically, most evangelical leaders seem to offer this rationale: We are not voting to fill a vacancy among the Seven Archangels; we are voting for the President of the United States. They realize that Trump’s views on the Supreme Court, the flawed tax system, the dangerously high National Debt and deficit spending; the severely weakened military; our weakened relations with foreign nations; the stagnant economy and lack of good jobs; the immigration problems; and liberal attacks on guaranteed rights are the most important considerations in who to vote for in this election.

Christian leaders are displeased with Trump’s actions, but recognize that as imperfect as he may be as a human being, he is a vastly better choice for President of the United States for them than Hillary Clinton, who will win the election if more people abandon Trump for morality reasons.

Tuesday, October 11, 2016

What's really important in this election



Inline image

Almost everyone agrees that this is the most unusual election in his or her lifetime. We have two major party candidates with the highest disapproval ratings that anyone can remember. And each candidate’s supporters ignore the negatives and continue to support the candidate.

Democrat Hillary Clinton comes from decades in the political sphere as the wife of a governor, the wife of a president, a U.S. Senator and Secretary of State. Republican Donald Trump comes from decades in the private sector as a businessman and entertainment show producer, having first entered political life for the 2015 Republican primary.

Both have a long list of negatives their political enemies hope will disqualify them in the eyes of voters. However, there are important differences between them.

It wasn’t Donald Trump who for personal convenience as Secretary of State flaunted the rules and established procedures, taking the unprecedented step of evading the official secure government email system in favor of a private email server for government business, including classified information, then had the server scrubbed, destroying thousands of messages that were not only government property, but evidence, and then couldn’t provide a credible excuse for any of that.

It wasn’t Donald Trump whose possible-criminal situation caused untold irregularities in the operation of the State Department, the FBI and the Justice Department, including a “chance” meeting on an airport tarmac between the Secretary of State’s husband and the Attorney General of the United States, putting dozens of public servants in the position to destroy their credibility and trustworthiness to save Secretary of State’s backside.

It wasn’t Donald Trump whose vast experience in government in the U.S. Senate and the State Department resulted in neglecting dozens of requests for increased security prior to the terrorist attack in Benghazi, Libya resulting in the death of Ambassador Chris Stevens and three other brave Americans, and then tried blame a clear terrorist attack on an obscure Internet video, resulting in jailing the video’s producer.

And it wasn’t Donald Trump whose frequent profanity-laced tirades insulted and denigrated Secret Service agents and White House staffers.

But that was a long time ago, and since all of that was a long time ago, it probably isn’t relevant that it also wasn’t Donald Trump who worked for the Congressional committee investigating the Watergate cover-up many years ago, and was fired for lying.

But it was Donald Trump who took some money from his father, invested it in business and created hotels, casinos, golf courses and television shows. Some of his creations didn’t work out, as is not uncommon in the world of business. Luminaries such as Henry Ford, Walt Disney, F.W. Woolworth, Albert Einstein, and Bill Gates also sometimes failed. The best major league hitters fail to get a hit six or seven out of ten times.

It was Donald Trump who claimed business losses of nearly a billion dollars on tax returns many years ago, cancelling an equal amount of income over several years, using provisions in the tax code to reduce taxable income, just as most every American that pays taxes does, through deductions for such things as dependents, mortgage interest and charitable giving.

For taking legal tax deductions Trump has attracted mountains of criticism from his betters, who somehow twist this into meaning he doesn’t care about the country, or the military and dozens of other things. But the hundreds or thousands of people that work in his businesses do pay taxes, and that is significant.

And, yes, it was Donald Trump who managed to anger his primary opponents and many Americans with his petulant personal attacks of those who opposed and challenged him. His far-from-perfect manner leaves much to be desired, and his locker room vulgarity, spoken in private 11 years ago, really got people fired up. But if some rapper had used those same words as lyrics, it’d be #1 on Billboard.

Apparently, it’s a more serious offense to say things that offend someone than to put national interests at risk, to lose $6 billion of State Department funds and generally fail to competently run the agency you’ve been entrusted to run, and make millions giving $250,000 secret-content speeches to Wall Street banks that you publicly criticize. By virtue of merely having been elected a U.S. Senator and appointed as a cabinet secretary, you are thus qualified to be president, even if the best you did in those positions was inconsequential or harmful.

Strangely, people are more offended by Trump’s words than Hillary Clinton’s vicious attacks on her hubby’s numerous sexual victims and conquests, her position on coal mining and the Supreme Court, and her comments supporting open borders, spoken in a private $250,000 speech.

What Trump said that hurt someone’s feelings or shocked their sensibilities is worse to many than that Clinton put personal convenience ahead of national security and failed to protect State Department personnel who were in harms way.

Voters must put their hurt feelings aside, adjust their perspective and focus on the serious issues confronting the next president. They must understand that Clinton’s hubris already put national security at risk, and she will continue Obama’s dangerous, destructive, and unconstitutional policies.

Tuesday, June 14, 2016

Obama’s failed record and legacy is Hillary’s campaign platform



Yes, it was a significant recession, deep enough to earn the title the “Great Recession.” But since the Great Depression there have been several recessions that, at the time they occurred, were called the “Great Recession.”

Since the Great Depression and including the latest incarnation of the Great Recession, none of them have come anywhere close to the horrible conditions during the 1930s. Thus, Barack Obama’s citing of the Great Recession falls short in excusing the dismal economy and the failed Obama recovery. The lousy economy is due to faulty policies since the end of the recession in June 2009.
 
As the end of Obama’s presidency nears the U.S. is more than $19 trillion in debt, and the debt nearly doubled during Obama’s presidency. At a seriously high $10.6 trillion when he began, Obama’s policies have added about a trillion dollars for each of his eight years in office.

During the Obama recovery, Gross Domestic Product has not once reached 3.0 percent. “Adding insult to injury,” The Daily Signal reports, “Obama coupled an incredibly weak economic recovery with a more than trillion-dollar tax hike.  By allegedly making the rich ‘pay their fair share’ through the $620 billion (2013-2022) fiscal cliff tax increase, the administration really pushed for everyday Americans to sacrifice lower take-home pay for more government spending and intervention in their lives.”

Obama has claimed the creation of millions of jobs. "We're in the middle of the longest streak of private-sector job creation in history,” he said. “More than 14 million new jobs; the strongest two years of job growth since the 1990s; an unemployment rate cut in half."

Well, sort of. When a recession produces job losses, the recovery – even a poor recovery like this one – produces some “new jobs.” And according to CNN Money, Obama created 9.3 million, not 14 million, new jobs.

The Bureau of Labor Statistics explains that the U-6 unemployment rate reflects “total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.” At the end of the first quarter of 2016, the U-6 rate was 10.1 percent. 

These unemployed, discouraged workers who have stopped looking for a job, and underemployed workers are not counted in the unemployment figure the administration brags about, but are nonetheless part of the American workforce, which totals 243 million people, and currently more than 90 million of them are unemployed or underemployed, putting the workforce participation rate at a decades-low 62.6 percent.

In a May open-ended Gallop survey, participants noted general economic issues as the most important thing on their minds, but not far behind were issues with their government, such as immigration and race relations, two things Obama has made worse.

Potentially more serious, however, is the disintegrating U.S. influence across the globe and our severely weakened military, issues considered so serious that Congressional Republicans have developed a 23-page policy document to address them, under the leadership of House Speaker Paul Ryan (R-Wis).

“In the past seven years, our friendships have frayed, our rivalries have intensified. It’s not too much to say that our enemies no longer fear us and too many of our allies no long trust us. And I think this is the direct result of the president’s foreign policy,” Ryan said. “All he did was create … many voids around the world and now our enemies are stepping in to fill those voids. This is what happens when America does not lead.”

With Obama’s tenure ending we are faced with the prospect of Hillary Clinton being elected to what will essentially be Obama’s third term, continuing his disastrous policies, and adding her own signature disasters to the mix.

Among Clinton’s favorite issues are: gun control, climate change, and income inequality.

She says that 33,000 gun deaths every year is unacceptable. But considered in context, 33,000 deaths among our 320 million population is roughly one death for every 10,000 people. And not all gun deaths are murders. Some are killed by police; others by people defending themselves; some are suicides; some are accidents. To Obama and Clinton, the Orlando terrorist attack is a gun control issue.

Obama’s manic compulsion for climate change has produced policies that have destroyed the lives of thousands of energy industry workers, and wasted billions of taxpayer dollars propping up failing green energy companies like Solyndra, based on a theory that is faulty and heavily disputed. Likewise, Clinton wants to install a half-billion solar panels by 2020, seven times what we have today. More bad policies on the horizon.

She favors making incomes more equal, not understanding that wages are based on economic principles, not fairy tale desires. She wants a $12 an hour minimum wage for everyone, trained or not, good at their job or not.

And we cannot ignore her failure to provide adequate security at the Benghazi consulate when evaluating her foreign policy credentials.

Clinton, like Obama, seeks to control and ignores logic and reasoning when seeking solutions. She shares his “big government as the solution to all problems” philosophy, and that is a recipe for continued trouble.


Tuesday, May 17, 2016

Democrat policies have a troubling past and promise a bad future



When Barack Obama took office in January of 2009 the U.S. was emerging from the recession that began in December of 2007. Running 18 months, this was a significant recession, with GDP reaching -8 percent in 2008 and unemployment peaking at 10.0 percent in October 2009, four months after the technical end of the recession.

In February 2009 President Obama signed the American Recovery and Reinvestment Act into law, an $830 billion spending plan that was supposed to keep unemployment from rising above 8 percent. It didn’t.

Truthfully, seven full years later the United States has not fully recovered from the recession, and Obama blamed the recession throughout most of his presidency to cover his tracks on the poor economic recovery. But the severity of the recession wasn’t to blame.

Gross Domestic Product growth has been inconsistent during Obama’s presidency, and averaged slightly above the 2.0 percent range. And while unemployment finally dropped to respectable territory at 4.9 percent in January, that must be considered in light of the fact that it’s only that low because more than 90 million Americans couldn’t find a job to replace the one they once had and left the workforce. When those people are included in the calculation, the unemployment rate at the end of April was 9.3 percent (U-6).

The labor force participation rate is the percentage of working-age persons in an economy who are employed, or are unemployed but looking for a job. Today, according to the Bureau of Labor Standards, the participation rate is 62.8 percent, the lowest since the 1970s.

Contrast Obama’s dreary results with the last recession that lasted at least 16 months. During Ronald Reagan’s first term, the recession began in July 1981 and ended in November 1982. Under Reagan’s policies the unemployment rate fell from a high of 10.8 percent in December 1982 to 7.2 percent in November of 1984 – that’s a 3.6 point improvement in 23 months, a striking difference from the 2007 recession, where unemployment peaked at 10.0 percent and never fell below 8.0 percent in the first 43 months afterward.

During the Reagan recovery the economy posted a robust 4.8 percent annualized growth over 23 quarters, according to economist Stephen Moore in The Daily Signal, and that was more than double the rate during Obama’s tenure.

Where Obama responded to an economic recession with $2 trillion worth of government expansion (more than $1 trillion on health care and $830 million in economic stimulus), Reagan cut marginal income tax rates across the board permanently through the Economic Recovery Tax Act of 1981: Different approach; different results. Reagan’s results were far better.

When your country is in trouble the president is supposed to put political and ideological goals aside and take actions that help the country recover. Instead Obama, not one to let a crisis go to waste, pursued his manic pledge to “fundamentally transform” the country, doubling down on reckless environmental policies that since September of 2014 have cost 191,000 people in mining industries their jobs, about 30 percent of them in the coal industry, according to CNS News, citing data from the Bureau of Labor Statistics.

That trend will continue if, through some great misfortune, Hillary Clinton gets elected. Recently, Clinton said, “I’m the only candidate which has a policy about how to bring economic opportunity using clean renewable energy as the key into coal country. Because we’re going to put a lot of coal miners and coal companies out of business.”

She then visited West Virginia coal country on the campaign trail and faced an out-of-work coal miner who is having trouble taking care of his family because of the Obama administration’s punishing policies on mining and burning coal. She answered his complaint about killing the coal industry by saying that her comment was out of context and that she had a plan to help families and individuals who have been put out of work.

The Huffington Post described that plan: “Hillary Clinton has a $30 billion, 4,300-word plan to retrain coal workers ...”

But there are two problems. First, in her initial statement she clearly promised to kill coal jobs. For a candidate for president to advocate a policy of deliberately targeting a group of jobs that are legal ought to be disqualifying. Furthermore, Clinton said the focus would be retraining those out of work for new jobs. And just what sort of new jobs would there be in this situation and in a state so terribly wracked by Obama-caused economic woes?

Of Clinton’s plan, West Virginia Coal Association Senior Vice President Chris Hamilton told The Huffington Post, “Hillary’s plan is akin to somebody running you over, then offering to pick you up,” he said. “It’s not a plan. It’s a care package.”

Obama’s policies have inflicted great pain on the nation, and Hillary Clinton gives every indication of continuing along a similar line. So much of what liberal Democrats have done and will do is to shove their ideas down our throats, instead of allowing change to evolve naturally. People who live in coal producing states understand quite well the damage such policies cause.

Thursday, February 18, 2016

Hillary in South Carolina seeking to lock up the black vote


As the presidential campaigns move to South Carolina, Democrat hopefuls Hillary Clinton and Bernie Sanders seek to endear themselves to black voters. Sanders began by having tea with Al Sharpton. How will Hillary proceed?

Following her dramatic loss to Sanders in New Hampshire by a 60 percent to 38 percent margin, she hired a press aide from the Department of Education as her new director of black media to help protect and grow the early double-digit lead she held in South Carolina.

Hillary praises Obama and his presidency, all but promising that she will continue in the same vein if she can win the primary and general elections, and escape legal issues from her disastrous tenure as secretary of state. And since black Americans overwhelmingly support the Democrat Party, this might seem smart.

However, getting broad support from the black community should not be automatic or even very easy for her, given what happened in South Carolina in 2008. There, she was beaten badly by Barack Obama as she gave her all in the attempt to prevent him from becoming the first black President of the United States. Will black voters remember that?

Furthermore, the reality of the negative effects Obama’s presidency has had on the black community gives reason to think that pledging to follow his policies might be a big mistake.

Having noticed how poorly black Americans had faired in Obama’s first term, PBS’s Tavis Smiley told Fox News’ Sean Hannity in 2013, "The data is going to indicate sadly that when the Obama administration is over, black people will have lost ground in every single leading economic indicator category."

In 2014 Newsmax reported that while the national unemployment rate had dropped to 7 percent since Obama took office, the jobless rate for blacks has hardly moved, declining from 12.7 percent in 2009 to 12.5 percent, according to the Bureau of Labor Statistics. Further, the poverty rate for blacks sharply increased in 2014, rising from 12 percent in 2008 to 16.1 percent.

Median income declined by 3.6 percent for white households to $58,000, but fell 10.9 percent to $33,500 for black households, according to Census Bureau reports.

Realizing that things have not improved for black America since then, Smiley repeated his 2013 assessment last month on HuffPost Live: “Sadly – and it pains me to say this – over the last decade, black folk, in the era of Obama, have lost ground in every major economic category." Smiley said black America got "caught up in the symbolism of the Obama presidency," and made two mistakes. They did not accurately evaluate his policies, and they reacted against GOP criticisms of Obama and Republican opposition to his policies.

With these highly negative results for black Americans from the administration of the first black president of the U.S., will Hillary Clinton’s tactic of praising Obama and implying she will follow in his footsteps really work to attract the support of black Americans?

Perhaps it is with this in mind that the Department of Justice has initiated legal action against Ferguson, Missouri in the aftermath of the justified shooting death of Michael Brown in 2014. As reported by The Patriot Post, Ferguson’s City Council voted unanimously to approve the Justice Department’s settlement to reform the city’s “unjust” policing practices — but “subject to certain conditions.”

“The DOJ responded to the city’s request [to alter the agreement] by filing a lawsuit against Ferguson, just in time to agitate the black vote in the southern primaries,” the report noted, adding: “Make no mistake: Timing is everything. The DOJ’s actions will benefit Hillary Clinton throughout the southern primaries, as blacks are reminded once again of injustice. Never mind that Ferguson (and every other city in which Black Lives Matter is fomenting discord) is run by Democrats.”

There are other signs that a Hillary victory might be being engineered behind the scenes, such as in the New Hampshire primary, where despite a massive victory by Bernie Sanders, he and Hillary came away with the same number of delegates.

Last Thursday, the Congressional Black Caucus (CBC) PAC endorsed Hillary, saying she had done the most to support the Democrat Party and also to support blacks seeking office. “The partner that the CBC PAC has had over the years to elect Democrats has been Hillary Clinton,” said Rep. Gregory Meeks, New York Democrat and chairman of the CBC PAC. Hillary won the endorsement of 90 percent of the PAC, with no members voting for Sanders and some abstaining.

The CBC PAC endorsement is a definite plus for her, but if black Americans realize that Obama’s policies have worked so dramatically to their detriment, raising the black unemployment rate and pushing more black citizens into poverty, the highly desirable black vote may not accrue to her.

And things could get worse for the nation, and much worse for the black community, as Obama’s policies, which have failed to produce a recovery to the 2007 recession in seven years, have brought the country to the brink of another recession that will undoubtedly produce very unpleasant circumstances for black Americans.

Tuesday, October 20, 2015

Hillary on Drugs

Not long ago ago Democrat presidential candidate Hillary Clinton declared a war on drug prices. At a forum in Iowa she said that asking people to pay thousands of dollars for pills they need to stay alive is not how the market is supposed to work and was a sign of "bad actors making a fortune off of people's misfortune."

Indeed, a recent Kaiser Family Foundation poll showed that more than 70 percent of Americans think drug costs are unreasonable and want limitations on what drug companies can charge for medicines that treat serious illnesses.

Real events feed this sort of thinking. Turing Pharmaceuticals, for example, has come under fire for a dramatic hike in the price of Daraprim, which has been used for decades to treat toxoplasmosis and more recently to treat AIDS and cancer patients. Turing purchased a quantity of the drug along with marketing rights, and hiked the price to $750 per tablet from $13.50. Such a steep increase appears to defy reason, and to make Clinton’s case, although the economic factors involved in the price hike are not discussed when Turing is getting run through the wringer.

Clinton concludes that high prices are routinely due to price gouging, as appears to be the case with the Turing price hike. That is the populist’s first response. But she either lacks understanding of how businesses work, and in particular the realities of developing needed pharmaceutical products, or she uses this emotional response to her benefit, or perhaps both.

As reported on MedicineNet.com earlier this month, “In the United States, it takes an average of 12 years for an experimental drug to travel from the laboratory to your medicine cabinet. That is, if it makes it.” And if that isn’t sobering enough: “Only 5 in 5,000 drugs that enter preclinical testing progress to human testing. One of these 5 drugs that are tested in people is approved. The chance for a new drug to actually make it to market is thus only 1 in 5,000. Not very good odds.”

Does Clinton have even a suspicion of the huge investment pharmaceutical companies have to make in the 1 drug in 5,000 that actually gets to market?

Forbes.com reported that the Eli Lilly company blog contained a post noting that “The average drug developed by a major pharmaceutical company costs at least $4 billion, and it can be as much as $11 billion.”

And Hillary Clinton thinks the cost of pills is too high? How many pills must be sold to recoup that investment? And the lower the price, the more pills have to be sold to pay for developing a drug to help people with serious health problems.

Her solution, predictably, is more involvement by the federal government, the Democrat solution to nearly everything.

However, more than a little bit of these incredibly high investments is due to the federal government. “Regulating pharmaceutical drugs to a certain extent is important to prevent dangerous medicines from being released on the market, yet the current amount of regulation is stifling competition,” according to Scott Gottlieb, a medical doctor and resident fellow at the American Enterprise Institute writing in the Wall Street Journal. “The FDA has increased the security on the manufacturing process and as a result several U.S. drug plants have closed their doors. The time intensive process of approval and the recent shutdown of plants is creating drug shortages and monopolies, causing the prices of drugs to skyrocket.”

The reality is that the cost of drugs amounts to about 10 percent of health-care spending, and the amount of health-care spending used on drugs has not changed in 50 years. That could be changing.

If Clinton is really interested in bringing down the price of drugs, she would acknowledge the role over-regulation and slow approval processes play in the price of drugs, and pledge to streamline the process instead of demonizing drug manufacturers and proposing even more government intervention.

Things confirmed and learned at the first Democrat candidate debate

Most people seem to think Hillary Clinton won the first Democrat debate, and she did put forth a good showing, even if the atmosphere and comments from her opponents were decidedly soft and friendly. The other debaters did not challenge the top-rated candidate.

However, fans of Bernie Sanders disagree, believing the Vermont senator was the best of the five. Sanders is the only candidate who admits to being a socialist, a “democratic socialist” to be precise, although he found little opposition to his socialist views from the rest of the group, illustrating that the entire Democrat field shares his affection for socialist dogma.

Reviewing the comments during the debate it was confirmed – if, indeed, there was ever any question – that the Democrat Party is the party of exchanging free stuff for votes, their largess made possible by those of us who pay taxes. There was so little disagreement among the debaters that some observers think that the other four candidates have realized that Clinton will be the nominee, and they seemed to be campaigning not for the nomination, but for a position in the Clinton2 administration.

The “party of diversity” is far less diverse than the Republicans, who have 1 woman, 1 black man, 2 candidates of Cuban descent, 1 of Asian descent, some older candidates and some young candidates. The Democrats, the party of people who are around 70 years old, have 1 older white woman and 2 older white men, and two middle-aged white guys.

Based on questions, comments and crowd response, Democrats do not object to Clinton putting national security at risk by shunning the government email communications system employees are expected to use in favor of her own private system for official government communications. In order to defend the former Secretary of State one must ignore that her decision to do so was “inconsistent with long-established policies and practices under the Federal Records Act and NARA regulations governing all federal agencies,” according to congressional testimony of Jason R. Baron, a former director of litigation at the National Archives. To the Democrats, it is merely a distraction from the business of getting Clinton the nomination.

Reports say that “journalists” in the pressroom exploded in applause and laughter when Sanders said the American people are sick and tired of hearing about the “damned emails!”

It was confirmed that the Democrat candidates and audience members believe the deaths of four Americans in the Benghazi assault are not important. It’s old news; just another distraction. Apparently those of us who think Benghazi is important, or ISIS, or the economy, the national debt, or the millions of potential workers driven out of the workforce by the lousy job market created by the slowest recovery in 80 years are clearly on the wrong track. Climate change, gun control and giving away free stuff are clearly at the top of their agenda. They seem not to understand that nothing is free.

They all think pretty much alike, and believe that any diversion from the “party line” is wrong, whereas the Republican candidates have divergent views about important issues. Their diversity causes a great deal of consternation and disagreement among GOP supporters and conservatives, but reflects the sense of our Founding Fathers that robust debate of contrary ideas is a foundational principal of good government.

Sanders scored points with the statement that the United States “should not be the country that has … more wealth and income inequality than any other country.” Factcheck.org found, however, that the U.S. ranks 42nd in income inequality, according to the World Bank, and placed 16th out of 46 nations in the share of wealth held by the richest one percent of the nation’s citizens. Sanders’ vision of a socialist utopia cannot stand up against the glare of facts.

Clinton gave an interesting answer to the question, “Which enemy that you’ve made during your political career are you most proud of?” In addition to the NRA, the drug companies, the health insurance companies, and the Iranians, she said that the Republicans were her proudest enemy. Interesting that she compares insurance companies, drug companies, the NRA and Republicans to the Iranians.

Jim Webb, by contrast – the former Marine Corps First Lieutenant and Navy Secretary – said he was most proud of having dispatched “the enemy soldier that threw the grenade that wounded me” during the Viet Nam War. While killing that enemy soldier, Webb saved a fellow Marine, and won the Navy Cross. Clearly, his answer wasn’t as appropriate as Clinton’s.

She told viewers that what separates her from being a third term of the Obama presidency is that she is a woman, and mentioned being a woman as a good reason to elect her more than once during the debate. Remembering what happened after the manic drive to elect the first African-American president, we should be very wary of electing someone president because that person is a woman.

That is especially true of one who thinks she deserves to be elected, and cites her gender as the only reason she won’t be a continuation of the disastrous Obama presidency.