Category: too much government

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free trade & free markets too much government

The Color of Boom and Bust

You’ve heard of “green collar jobs.” But what about “glass collar jobs”?

The Heartland Institute just put out a handy little pamphlet called The Cap and Trade Handbook, by James M. Taylor. It debunks various aspects of today’s obsession with fixing the global climate by laying on new restrictions, regulations and taxes. On page 5, Taylor addresses, colorfully, the “green jobs” issue.

Would cap-​and-​trade create new jobs? The handbook says, “sure, forcing people to buy expensive alternative energy means some new jobs would be created in the wind and solar industry. But even more jobs would be destroyed in the more efficient conventional energy sectors.…”

True — new jobs would come at a cost. The pamphlet then considers what would happen if the government hired thugs to break our windows. Sure, “such a program would create a lot of new ‘glass collar’ jobs in the window repair industry.” But employment would not increase on net, and we’d obviously be worse off, not better.

Unfortunately, the big headline on the page insists that “There will be no employment boom in the ‘green collar’ jobs sector.” Not true, as explained. 

Just as subsidizing mortgages led to a housing boom this past decade, cap-​and-​trade policy would likely create a new boom industry that also would not sustain itself. And then explode. Spectacularly. Disastrously.

Financial bubbles break. That’s bad, no matter what color.

This is Common Sense. I’m Paul Jacob.

Categories
too much government

It’s the Spending

When running for governor of Virginia, Bob McDonnell said, “The worst thing you can do during a recession is try to tax yourself to prosperity,” and that Virginia has “a spending problem more than we have a taxation problem.” To this I would add only that it would be best if government were fiscally disciplined in both good times and bad.

Virginia’s state government is facing a shortfall of $4 billion over the next two years. A few weeks after reaching the governor’s mansion, McDonnell submitted a list of budget proposals to the legislature. These include mandatory furloughs, staff reductions, financial aid cuts, park closings, and hundreds of millions in cuts to spending on health and human services and K‑12 education.

Like Chris Christie in New Jersey, Virginia’s new governor is facing fervent opposition to any spending cuts. Unlike Christie, Governor McDonnell is less able or perhaps just less willing to act on his own to make any spending cuts, saying he is eager to collaborate with lawmakers.

Virginians must express their support for fiscal common sense and hope for the best. They could do a lot more if the state had a statewide initiative and referendum process; then they themselves could pass restraints on taxes and spending, at the ballot box. Unfortunately, when it comes to citizen initiative rights, Virginia gets an F.

This is Common Sense. I’m Paul Jacob.

Categories
national politics & policies too much government

Republicans Still Not Serious

Picnicking on railroad tracks? Not dangerous. Most of the time the tracks are free. Take out the picnic basket and pass the chips. Glug down a few drinks. 

The tracks are safe when there’s no train. 

After the train? Well, you’re dead. Not dangerous then, either.

Only in the moments while the train blares down on you is it actually dangerous.

This is modern politics. Our politicians have set us to party on the tracks, heedless of dangers. Increasing deficits? Mounting debt? Those are future problems!

That’s what politicians have been saying, in effect, for decades.

Irresponsible? Yes. So what else is new?

Republicans are lambasting Democrats for not taking deficits and debt seriously. But how serious are Republicans, really? Wisconsin Representative Paul Ryan has put forward what he calls a “road map” to solvency. He’s taking into consideration “entitlement” as well as “discretionary” spending; he’s elaborated a set of spending cuts, program cuts, as well as a tax abolition and a new business consumption tax that all together zero out the deficit and balance the budget … by 2063. 

So, have Republicans jumped onto his cause? No. They are, with the exception of nine co-​sponsors, avoiding him as if he were the onrushing train.

Michael Tanner of the Cato Institute calls Ryan’s Roadmap “a test” and says, “right now the Republican Party is failing it.” 

This is Common Sense. I’m Paul Jacob.

Categories
general freedom too much government

1984 in 2010

Students in a Pennsylvania school district are learning more about George Orwell’s novel 1984 than they had expected.

No, they’re not being subjected to “a boot stamping on a human face, forever” — the bottom line of Orwell’s bleak techno-​totalitarian dystopia — but they sure have gotten an unexpected taste of the telescreen in every room.

The Lower Merion School District says it intended no such thing when it handed out webcam-​equipped laptops to 1,800 students. It says that the only purpose of its ability to switch on the cams remotely was to help track lost or stolen laptops.

But Blake Robbins, a student at Harriton High, found out different. According to a class action lawsuit against the district, assistant principal Lindy Matsko confronted him about a bad deed he had allegedly done at home. As proof, Matsko pointed to an image on the laptop taken by the webcam. Matsko thought it showed Blake taking drugs. Blake says he had simply been eating Mike & Ike candies. Nor had he reported a lost laptop.

What exactly happened with these webcams will be thrashed out in court. It’s also being investigated by the FBI. But the district admits it never told anybody that it could operate the webcams remotely.

The kicker is this: Kids at the school had just read Orwell’s novel. I guess they’ll remember it better now.

This is Common Sense. I’m Paul Jacob.

Categories
First Amendment rights national politics & policies too much government

Idealism or Brute Power Play?

Senator John McCain and other politicians advocate violating your right to contribute as much as you want to the political candidates you support. They also advocate violating your right to speak as much as you want, either positively or negatively, about a candidate.

Do they support these repressive doctrines out of misguided idealism, or misguided pragmatic politics? Doubtless the answer depends on the individual. But McCain certainly acts as if today’s confusing welter of campaign finance regulation best serves as a very convenient club to beat an upstart challenger over the head and shoulders.

McCain faces a tough primary. His conservative challenger, J.D. Hayworth, a former congressman, is also a radio talk show host. Or at least he was until buddies of the senator began yelping to the Federal Election Commission. See, Hayworth attacked McCain on his show, which supposedly makes his show a form of “political advertising.” As a result of this pressure, Hayworth and the station agreed to take the show off the air. 

Jason Rose, who works with Hayworth, calls what happened a “political mugging.” Sounds right to me.

McCain is on record endorsing what his friends did here. So … Hayworth can say anything he wants to — à la the First Amendment — unless it’s a criticism of McCain. 

Funny how the framers failed to stipulate this when they were putting together the Constitution and that First Amendment.

This is Common Sense. I’m Paul Jacob.

Categories
too much government

Hope and Change in NJ

Spending sprees are fun. The responsible cut-​backs after such sprees? Not so much fun. 

Seems the recent gubernatorial election made a difference in New Jersey. There’s change there. Also hope.

Last November, running on a platform of fiscal sanity, Republican challenger Chris Christie defeated the Democratic Governor Jon Corzine. And it seems that, unlike a certain U.S. president, Christie has every intention of following through. 

In early February, Christie told lawmakers that the state’s finances remain a mess and that the budget passed eight months ago is full of “all of the same worn out tricks of the trade” that have driven New Jersey to the edge of bankruptcy.

He said that the legacy of “irresponsible budgeting of the past, coupled with failed tax policies which lie like a heavy, wet blanket suffocating tax revenues and job growth” require extraordinary steps to bring the budget back into balance.

So on his own initiative, Christie is freezing spending across an array of programs. For example, he is cutting the subsidy to New Jersey Transit and urging managers of public transportation to “improve efficiency … revisit its rich union contracts,” be more fiscally responsible and efficient. He’s also targeting bloated government pensions and education funding.

Can Governor Christie complete the pivot to fiscal common sense despite the hurricane of opposition he faces? Time will tell. But it would be hard to imagine a better start.

This is Common Sense. I’m Paul Jacob.