Category: folly

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deficits and debt folly national politics & policies

Earmarked Nation

pork, spending, Congress, debt

The big secret of the federal government’s budget is that there isn’t one.

Instead of proposing a rational budget, Congress spends money in huge omnibus bills, which sweep up most of the big items into a bucket which is then poured out into the economy. Since these buckets contain more money than can actually be found in federal coffers, the consequent deficits are covered by debt. 

Which accumulates. 

Looming larger and more ominous every year.

One way these omnibus bills are managed is that almost no one reads them. As former House Speaker Nancy Pelosi said of Obamacare, ya gotta pass it to find out what’s in it.

How to get congressmen to go along with this financial chaos? Bribery. Make the spending binge even bigger with earmarks.

That’s where members of Congress place local boondoggle projects into the omnibus bills and get them through without having to convince anyone but the leadership of the projects’ dubious merits.

I used to talk more about earmarks. But when the Tea Party Republicans entered in 2011, they nixed earmarking “the pork.”

When the Democrats came back into power, the aforementioned Mrs. Pelosi brought them back, which, in the last big omnibus bill, pushed spending up an extra $8 billion or so.

Though Democrats love earmarks as an institutional practice, Republican protests are often merely pro forma. Alabama’s Retiring Republican Senator Richard Shelby, for example, “got $666.4 million down there to Alabama,” explained Tom Temin recently. “Sounds like there’s going to be a lot of Richard Shelby bridges, Richard Shelby schoolhouses, Richard Shelby highways.”

Thankfully, one of the concessions Speaker of the House McCarthy made with the Freedom Caucus (whom the president calls “ultra-​MAGA” and “semi-​fascist”) was to attack the earmarking practice again — after a failure to decide against earmarks late last year.

We’ll see how that goes. But the real test will be the abandonment of omnibus spending packages.

This is Common Sense. I’m Paul Jacob.

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On Trees

trees and consequences

There’s an old saying — some say it’s an ancient “Chinese saying,” but I first heard it attributed to an Indian philosopher — to the effect that “the best time to plant a tree is thirty years ago; the second best time is today.”

Eric Boehm, writing in Reason, riffs on it regarding federal spending: “The best time to stop borrowing heavily was yesterday (or several years ago), but the second-​best time would be today. Instead, Congress is likely to make this problem even worse — again — by continuing to spend like there’s no tomorrow.”

In November, the federal government ran a $249 billion deficit, which, Boehm informs, is up $56B from the previous November.

Talk about November chills.

But worse yet is that Congress is gearing up for more. The omnibus spending bill in the works “will add between $240 billion and $585 billion to this year’s budget deficit.”

After a lifetime of deficit spending, this may seem only worth a furrow above the eyes, not an actual arched brow. But it does make a mockery of President Joe Biden’s boast of decreasing deficits on his watch. As Boehm explains, that’s merely an artifact of the Trump Era humungoid pandemic giveaways. There had to be some sort of let up from that binge. Nevertheless, the “underlying figures showed all along that the deficit situation was continuing to worsen, and that President Joe Biden’s policies were adding trillions of dollars to the deficit over the long term.”

It’s almost as if they think “money grows on trees.”

Would that it were the case, though, since there are only a limited number of trees. Taxation and especially debt are, to politicians, closer to infinity.

This is Common Sense. I’m Paul Jacob.

Update: Senator Mitch McConnell said, yesterday: “I’m pretty proud of the fact that with a Democratic president, Democratic House, and Democratic Senate, we were able to achieve through this Omnibus spending bill essentially all of our priorities.” The Republican Leader predicted passage on the 22nd.

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crime and punishment folly free trade & free markets

Allowed to Make a Living

Bureau of Occupational Affairs

In 2014, Sally Ladd started a service to help clients in the Poconos rent out their vacation homes. She posted notices on Airbnb, arranged for cleaning, and performed other chores.

But then, in 2017, the Pennsylvania Bureau of Professional and Occupational Affairs — one of the many government agencies in the world that should not exist — told her that she was operating in Pennsylvania as a real estate broker without a license and must get one or shut down.

The obstacle was senseless. Ladd was already satisfying her customers. And getting the license would have entailed more than 300 hours of schooling, two exams, three years of apprenticeship, and opening an office in Pennsylvania. (Ladd lives in New Jersey.)

She had to shut down.

But she didn’t give up. 

She teamed up with Institute for Justice, which filed suit, arguing, in IJ’s words, that “forcing her to get a full-​blown real-​estate license violated her right to earn an honest living under the Pennsylvania Constitution.”

At first, a lower court would not even consider the case, a decision overruled by the Pennsylvania Supreme Court in 2020. Finally, on October 31, 2022, a trial court affirmed that the “licensing requirements are unreasonable, unduly oppressive, and patently beyond the necessities of the case,” and therefore unconstitutional.

Once again, it’s IJ to the rescue! 

In a world filled with government agencies that shouldn’t exist, the Institute for Justice exists to check them.

This is Common Sense. I’m Paul Jacob.

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crime and punishment folly general freedom too much government

Ian and the Scurvy Knave

Florida, Texas, roofer, licensing, hurricane

Don’t help people after a hurricane! 

Not if you live in another state and there’s no time to lose but … you’re licensed only in that other state.

Now, before you declare Houston-​based Terence Duque an innocent victim because he was arrested for not being Florida-​licensed, let’s take a cold hard look at the facts. Duque is licensed in Texas, has operated a successful roofing business since 2008, is rated A+ by the Better Business Bureau, is called a “preferred contractor” by Owens Corning.

Sounds okay, right?

But hold on. After Hurricane Ian smashed Florida a few weeks ago, what did this scurvy knave do?

Shamelessly and with constructive purposes aforethought, Duque offered his services to residents of hard-​hit Charlotte County, Florida!!!! No, seriously. Simply because homeowners had had their roofs ripped up, Duque offered to repair them!!!!! Yet this man calls himself a roofer!!!!!!!!!

Arrested by the Charlotte County sheriff, who says “I will not allow unlicensed contractors to further victimize [sic]” hurricane victims, Duque is charged with “conducting business in Charlotte County without a Florida license.” He faces one to five years in jail.

He says he thought he’d been allowed to help Floridians because licensing regulations had been loosened due to the emergency. 

No.

Justin Pearson, an attorney with Institute for Justice, says Duque was punished for “doing the right thing.”

The right thing??? The man was honestly trying to help people recover from a terrible personal setback and fully qualified to do so!!!!!!! Look at the facts!!!!!!!!!

Throw away the key?

This is, er, Common Sense. I’m Paul Jacob.

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folly general freedom ideological culture national politics & policies too much government

The Energy Trap

madness of crowds, energy policy, electric cars, fuel, oil

After the spectacular failures of the COVID response, “the experts” appear to be on a roll. That is, they are once again not “following the science” but being led by politics, ideology, and the madness of crowds.

The big issues right now demonstrating mass folly on a societal level? Aside from agriculture policy, trade, subsidy, banking and high finance, and “climate change,” the big one — not unrelated to most of the rest — is the power grid.

About which our leaders seem to be nuts.

What we know is the supply of “renewable energy” is nowhere near enough to meet the general demand for energy. California’s a great example, announcing “the end of fossil fuel-​powered car sales by 2035” but sporting a power grid that is already unable to handle demand, which became bitterly funny when the Golden State asked citizens not to charge their electric cars during high-​demand hot days.

“US Power Grid Needs Trillions in Upgrades to Accommodate Renewable Energy Demands,” reads a recent Epoch Times feature.

Trillions.

It’s not as if America is rolling, like Uncle Scrooge, in trillion-​dollar surpluses. As I type these words, the US Debt Clock shows the federal government quickly approaching $31 trillion in public debt.

So now we’ll need more trillions to keep the lights on?

Yes.

Our lives depend on electrical energy, our civilization runs on electricity, but our leaders have been painting us into a corner. Bad policies that hobble efficient fuel sources and pushing inefficient sources have set a trap.

And the only real way out of the trap is one politicians don’t like: admitting they were wrong and reversing their policies.

This is Common Sense. I’m Paul Jacob.

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crime and punishment education and schooling First Amendment rights folly general freedom

Freedom of Disassociation?

forced inclusion

Groucho Marx famously quipped that he wouldn’t want to join any club that would have him as a member. Some people take this hankering to an extreme: they want to force every group averse to their membership to accept them.

Keywords: forced inclusion. The current political rage — thought to be a “right.”

Now, Yeshiva University, which calls itself “the world’s premier Torah-​based institution of higher education,” does not accept homosexuality. It’s against the Law.

And by “the Law” they mean: the ancient Jewish scriptures.

For those of us who are neither Jewish nor gay, we might look upon both groups as “clubs.”  And being in neither, we might just shrug; we aren’t going to be accepted in the either ranks and that’s just fine.

But some students at Yeshiva University tried to form an LGBT group on campus. The university resisted, the case went to court, and a court ordered the university to accept the group. And then last week, the Supreme Court refused to order a stay on the lower court’s order.

In reaction, Yeshiva University has suspended all campus club activities.

“Every faith-​based university in the country has the right to work with its students, including its LGBTQ students, to establish the clubs, places and spaces that fit within its faith tradition,” the university’s president proclaimed. “Yeshiva University simply seeks that same right of self-determination.”

Since the right to “freedom of association” is part of the Bill of Rights, one might think this would be non-​controversial in America. And settled law. 

But one would be wrong. On both counts. 

This is Common Sense. I’m Paul Jacob.

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