Categories
national politics & policies political challengers

Fat Lady Score

You’ve heard the news: Donald Trump is now the Republican Party’s “likely presumptive nominee” for president. It’s a very modern-sounding term.

His 16 opponents have, one by one, suspended their campaigns. In coming weeks, as the billionaire businessman wins uncontested primaries, we’re told he’ll be “awarded” enough delegates to reach the magic number of 1,237 — a majority.

For weeks, Mr. Trump had been yelling that the Republican National Committee was rigging the process to block his nomination. Now, RNC Chair Reince Priebus and a host of establishment Republicans have endorsed Mr. Trump, including former Senate Majority Leader Bob Dole, Sen. John McCain, the 2008 nominee, and Senate Majority Leader Mitch McConnell.

“You have to listen to people that have chosen the nominee of our Republican Party,” John McCain told CNN. “I think it would be foolish to ignore them.”

McCain raises several interesting issues, worth considering over the next few days.

Let’s consider foolishness, first. There is a pragmatic argument against Trump as the nominee. While polls show Trump losing to Hillary, with 28 percent viewing him favorably against 65 percent unfavorably, a Politico story argues that, “A generic Republican might have been a favorite for the White House.”

Yet, most of the opposition to Trump isn’t pragmatic, it’s a matter of hardworking, grassroots Republicans who sincerely believe his positions don’t fit the party’s principles, or that his behavior has fallen short. Agree or disagree, but those are worthy considerations.

It’s a time for choosing. More tomorrow.

This is Common Sense. I’m Paul Jacob.


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Donald Trump, Statistics, popularity, strategy, Hillary Clinton, president

 


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Categories
Accountability folly free trade & free markets general freedom ideological culture nannyism too much government

Failure and the Five-Day Weekend

Socialists often brag how their activism — through unions — gave the modern world its five-day workweek. One could spend a book picking at this boast, but no need: it’s overshadowed by the latest.

A socialist country has just reduced the workweek to two days! Hooray for socialism!

Or, no cheers at all. For this epochal move occurred in Venezuela, the “world’s worst performing economy,” with an inflation rate soaring to 720 percent and an absence of food, toilet paper, and . . . electricity: “President Nicolás Maduro will furlough the country’s public employees,” Nick Miroff writes in the Washington Post, “who account for a third of the labor force — for the bulk of the week, so they can sit through rolling blackouts at home rather than in the office.”

It’s only government employees who get the five-day weekend. And this is not a sign of socialist efficiency (heh heh), ushering in a Marxist utopia.

Another nation ruined by socialism and technocracy!

But not just any nation. Venezuela can boast one of the largest oil reserves in the world. If Norway and Alaska and desert sheiks can milk their underground deposits and distribute goodies to their people, why cannot Venezuelans manage it?

Because they extended socialist planning beyond a kleptocratic sharing scheme. Experts had advised them decades ago to build the world’s largest hydroelectric dam, live off low- or no-priced electricity as well as oil sales. Today, oil goes cheap . . . and there’s a drought, too little water behind the dam.

Now Venezuelans are trying to burn oil to generate electricity — mostly without success. Socialism has it all — rampant corruption and catastrophic inefficiency.

This is Common Sense. I’m Paul Jacob.


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Venezuela, socialism, failure, work day, illustration

 


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Categories
ideological culture media and media people national politics & policies

Negative, Positively

In art class, students learn about “negative space,” how positively one can react to artistic representations and indications of absence, of the space between objects, “blank” space. This land of shadow and reified Absence can have a powerful impact on our perceptions.

Well, behold, the piece of work that is major-party politics in America, 2016.

Usually we pretend that our elections are about what we approve of, about who and what we are for. But this year, with Donald Trump and Hillary Clinton the likely nominees of their respective parties (Ted Cruz having pulled out after being trounced, Tuesday, in the Hoosier State, and John Kasich, likewise, yesterday morning), the positive spin on negativity will ramp up to new levels. As Anthony L. Fisher observed primary night on reason.com, Trump and Clinton are the most- and second-most hated major party politicians ever, polling the negatives “even higher than 2004-era George W. Bush.” (Who won.)

With the negatives of both candidates looming so large, is it too obvious to take note of the high likelihood of an extremely negative campaign coming up?

Maybe we should gamble on the terms of opprobrium that will be let loose:

Traitor, incompetent, corrupt crony-pushing insider, harpy of modish feminism….

Buffoon, racist, corrupt crony capitalist, chauvinist of the vulgar tongue….

Into this negative space we can expect a rush of interest in minor-party challengers, Libertarians and Greens. Protest votes could hit new heights. And they might make a difference.

But can anyone really profit from such negative space? Color me dubious.

This is Common Sense. I’m Paul Jacob.


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Negative space, positive space, election, Hillary Clinton, Donald Trump

 


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Categories
Accountability free trade & free markets general freedom nannyism national politics & policies

You’re Fired! Hillary-style

“I’m the only candidate,” Hillary Clinton boasted at a town hall back in March, with “a policy about how to bring economic opportunity — using clean renewable energy as the key — into coal country. Because we’re going put a lot of coal miners and coal companies out of business, right Tim?”

First, who is this “Tim” fellow? Aren’t you curious? The news media, typically unhelpful, provides no context.

Clearly, Mrs. Clinton supports the Obama Administration polices that have been disastrous for the coal industry. “Now we’ve got to move away from coal and all the other fossil fuels,” she explained.

Monday, in West Virginia, Clinton met unemployed coal worker Bo Copley, who teared-up talking about his family and being out of work. He asked Hillary, “I just want to know how you could say you are going to put a lot of coal miners out of jobs and then come in here and tell us how you’re going to be our friend?”

Mrs. Clinton told Copley that it was “a misstatement.” And that what she said was “totally out of context” from what she meant . . . whatever that means.

“[T]he way things are going now, we will continue to lose jobs,” she explained. “I didn’t mean that we were going to do it. What I said was, that is going to happen unless we take action to try to and help and prevent it.”

Yes, Hillary has a plan — not to “prevent” losing coal jobs, but, instead, to spend $30 billion in tax dollars to help those her policies hurt.

As one West Virginian passionately put it: “We don’t want your handouts; we want work.”

This is Common Sense. I’m Paul Jacob.


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Hillary Clinton, coal, renewable energy

 


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Categories
free trade & free markets general freedom ideological culture nannyism national politics & policies responsibility

Too Much of a Good Thing

Once upon a time, over-indulgence was considered a sin, a vice.

Not so much, nowadays.

Somewhere along the line, the idea that a little of a good thing was good, that general abundance is good, but that there can be too much of a good thing for any particular person . . . this latter common sense idea got lost.

I was reminded of this while reading the latest from the nation’s most famous investor: “Warren Buffett set himself on a potential collision course with public health campaigners when he said it was ‘quite spurious’ to lay the blame for obesity and diabetes at the door of fizzy drinks companies, such as his part-owned Coca-Cola.”

The octogenarian multi-billionaire Buffet, described as a “renowned Cherry Coke drinker,” defended not only his habit but the company that produced it. He emphasized choice, consumer choice. And he said, “I make a choice to get 700 calories from Coke, I like fudge a lot, too, and peanut brittle and I am a very happy guy.”

It came up because a university study had “linked fizzy drinks to 184,000 deaths annually worldwide.”

Well, name your poison. Some folks over-indulge in alcohol; others, food; others, fizzy drinks. But Buffet limits his Cherry Coke intake, as common sense would indicate.

Gluttony used to be a vice. It was preached against. The morality of common sense held sway in our culture.

At some point hedonism in the unrestrained sense took hold of many consumers, who can pay a heavy price — if not at the grocery, at the doctor’s office.

No new laws or regulations are needed. Let everyone, billionaire or not, add up their costs and choose.

This is Common Sense. I’m Paul Jacob.


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Warren Buffett, Coca-Cola, consumer, regulations, consumer protection

 


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Categories
Accountability folly moral hazard too much government

When in Rome

Americans concerned with government corruption really should study Italy.

Why?

“You know Italians,” septuagenarian Elio Ciampanella was quoted in the New York Times last week. “If there is a law, they will try to find ways to go around it!”

But it is not just ordinary citizens — the people — who are evading bad laws. It is government workers who won’t do their jobs, and who engage in a wide range of corrupt deals and shady incompetence.

I know, this seems awfully unfair to the Italians. What I’ve said is the case with governments around the world. But not equally. (Scandinavian countries have a long history of government worker probity, if not ultra-competence.) And Italians do have a well-earned reputation for government corruption.

Arguably, it’s the form freedom takes in Italy.

Be that true or not, Mr. Ciampanella’s story, as related in the Times, is a fascinating one. He asked for a government-subsidized apartment, and had to wait ten years to get one . . . only to discover the problem wasn’t a lack of apartments, but a surfeit.

Yes, the government owned too many apartments to keep track of!

And so they didn’t.

And gave special deals to “special people.”

In other words: incompetence and corruption as a way of life.

Market institutions that behave so chaotically and with so little attention to efficiency go out of business. But government? That’s “necessary,” so: too big to fail. And so, commonly excused.

No wonder, then, that the common-sense approach to government is to limit it.

This is Common Sense. I’m Paul Jacob.


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Italy, housing, corruption, government, bureaucracy

 


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Categories
Accountability ideological culture national politics & policies political challengers responsibility

The Most Hated

I’ve been robbed!!!

By Ted Cruz, no less.

Yes, without so much as a passing “Howdy-do,” the Texas senator stole my cherished public mantel, simply waltzed in and snatched what was once my own special place in our nation’s capital.

You’ve heard it on the news, I’m sure. In a speech at Stanford University, former Republican Speaker of the House John Boehner lit into Sen. Ted Cruz, referring to him as “Lucifer in the flesh.” And a “miserable S.O.B.” to boot.

Boehner vowed never to vote for Cruz, adding: “Over my dead body will he be president.”

Back in January, former Kansas Sen. Bob Dole, a 34-year Washington fixture, attacked Cruz, arguing his nomination would lead to “cataclysmic losses,” and that, in Washington, “Nobody likes him.”

Can’t. Ignore. Ugly. Truth. Must. Face. Facts. Unmistakably: Sen. Ted Cruz is today . . . the MOST HATED MAN IN WASHINGTON.

Once upon a time, back in the day, I was hated. A LOT. The most, arguably.

In 1995, I was running U.S. Term Limits, battling Republican congressional leaders (an oxymoron), who were playing games to block term limits. At a news conference, then-House Speaker Newt Gingrich, never a friend of term limits, went on a tirade. One of his more colorful slings was calling us “cannibals.”

Which turned out to be a great name for our softball team.

After the Speaker’s temper tantrum, the late, great Bob Novak told me I was “the most hated man in Washington.”

Now? Well . . . campaigning in Indiana, Sen. Cruz responded to Boehner’s attacks succinctly: “What made John Boehner mad is that I led a movement to hold Washington accountable.”

Yeah, sounds familiar.

This is Common Sense. I’m Paul Jacob.


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Ted Cruz, John Boehner, Paul Jacob, hated, MOST HATED MAN , term limits , Bob Novack

 


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Categories
folly free trade & free markets meme moral hazard national politics & policies

Trump’s Dangerous Idea

A lot of people were impressed by the reasonableness of Donald Trump’s foreign policy speech yesterday . . . despite the usual hyperbolic promises of “best” and “great” and “beautifully.”

Its general tenor? Refreshing. Rejecting post-Cold War foreign policy for a return to “national interest” and “America first”? Long overdue. Like Trump, I think we should eschew nation building.

But still there is that one big problem: Trump is a mercantilist. He believes in protectionism. He thinks that trade has to be “fair” in order to benefit both participants. He thinks NAFTA and similar trade agreements (which generally promoted trade while still reserving a lot of room for government futzing about) are what hurt American industry. Trump is always blaming the “bad deals” made with Mexico and China, rather than placing the blame where it squarely belongs, on

  • America’s world-high corporate income tax, and
  • chaos of regulatory excess, and
  • impenetrable tax code.

But protectionism makes sense to a lot of people. They are incredulous when they hear the (well-established) idea that free trade — even unilateral free trade — is a benefit to the people who live under it.

Surely, they snort, when you target aid or protection to some industries, you are doing good, right?

Wrong. Oh, yeah, of course protectionism protects the chosen few, the advantaged. That’s what it obviously does. But it doesn’t protect the general interest – consumers pay more and producers allocate resources to less valued uses.

You have to look beyond the obvious (“the seen”) to get the full picture (“the unseen”).

Trump’s at his most dangerous right here — forget his loose talk — by continuing to pretend that protectionism helps America.

We cannot afford another Smoot-Hawley.

This is Common Sense. I’m Paul Jacob.


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Donald Trump, trade, protectionism, Donald Trump, war, borders, Bastiat

 


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ideological culture media and media people moral hazard nannyism national politics & policies

Austan Antic, Hey!

The other day, Fox News Network’s Bill O’Reilly asked University of Chicago economist Austan Goolsbee a question.  The subject was the socialistic gimme-gimme attitude of youthful Bernie Sanders supporters. The previous segment, “Watters’ World,” had paraded interviews with a handful of college students, asking them to clarify just how much free stuff they wanted.

It was a funny segment, if you think young people talking foolishly about government is funny.

Calling Sanders “the Giveaway King,” O’Reilly asked Goolsbee his general impression of the gimme-gimme attitude. It was the softest of softball questions. “What do you think about that?”

Talk about open-ended. Any response given thus says a lot about the interviewee, seeing how broad he may answer.

“Well, look, I’ve told you I’ve never been a big fan of socialism,” spake President Obama’s famed advisor. “I’m an economics professor.” Chuckling, he went on. “I’ve got the sense you don’t want these people getting free air to breathe. You’d like them to mail in their checks to make sure they work for it.”

Goolsbee could have started off as sensibly as he ended: “I’m against free stuff. Socialism doesn’t work. . . .”

He didn’t. He immediately reduced O’Reilly’s position to that of a straw man, using the reductio ad absurdum.

Why? For levity’s sake? Well, both O’Reilly and Goolsbee were jovial. . . .

But his nasty quip fulfilled a purpose, making sure that ideologues on the left continued to have license to think the worst about their opponents.

Thus Austan Goolsbee, despite his protests, carried water for crazed socialism.

This is Common Sense. I’m Paul Jacob.


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Austan Goolsbee , Bill O’Reilly, Bernie Sanders, free stuff

 


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Categories
Accountability folly ideological culture incumbents moral hazard political challengers

What’s Principle Got to Do with It?

Today’s Maryland Primary features a competitive race to replace Democrat Senator Barbara Mikulski, a 30-year veteran. Two House members, Chris Van Hollen and Donna Edwards, are seeking the Democratic nomination.

“[T]his is a contest between two candidates,” National Public Radio’s Kojo Nnamdi notes, “who agree on 99 percent of the relevant issues.”

The campaign got interesting, however, with an attack ad first run by a super PAC, Working for Us, and then by Rep. Edwards’s campaign. The ads hit Van Hollen for a special deal he had made trying to get his 2010 DISCLOSE Act passed. The legislation aimed to force non-profit groups to disclose their donors to the government.

Fearing the hostility of the National Rifle Association, Van Hollen cut a backroom deal exempting the gun rights group, along with several other powerful liberal organizations.

Whatever one thinks of the DISCLOSE Act — and I’ll proudly disclose my contempt — shouldn’t we all agree that drafting laws that apply to most groups except those with political clout is flat-out wrong?

Rep. Donna Edwards, an original co-sponsor of the DISCLOSE Act, wasn’t amused by Van Hollen’s sell-out. She withdrew her support.

I don’t agree with all her principles, but I am glad she has some.

In Washington, it’s lonely for the principled. President Obama came to Van Hollen’s defense. So did the Washington Post, praising Van Hollen (editorially) as a “leading champion of gun safety,” and via Glenn Kessler’s Fact Checker column, which twisted logic to award the Edwards ad three Pinocchios. Democratic congressional leaders, Nancy Pelosi and Harry Reid, also lauded Van Hollen and attacked Edwards.

Washington: city of celebrated sell-outs.

This is Common Sense. I’m Paul Jacob.


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Maryland Primary, Chris Van Hollen,Donna Edwards, super PAC, the National Rifle Association, NRA

 


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