Category: national politics & policies

national politics & policies political challengers

Fat Lady Score

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

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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Tags 2016 Presidential race, Donald Trump, Hillary Clinton, Presidential campaign 2016

ideological culture media and media people national politics & policies

Negative, Positively

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

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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Tags 2016 Presidential race, Donald Trump, Hillary Clinton, negative space, positive space, Presidential campaign 2016

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

You’re Fired! Hillary-style

Post author By CS Admin
Post date May 4, 2016
2 Comments on 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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Tags 2016 Presidential race, coal, Hillary Clinton, Presidential campaign 2016, renewable energy

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

Too Much of a Good Thing

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

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

Accountability ideological culture national politics & policies political challengers responsibility

The Most Hated

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

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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Tags Bob Novack, hated, John Boehner, MOST HATED MAN, paul jacob, Ted Cruz, term limits

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

Trump’s Dangerous Idea

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

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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Tags 2016 Presidential race, Bastiat, borders, Donald Trump, Presidential campaign 2016, protectionism, trade, war

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

Austan Antic, Hey!

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

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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Tags Austan Goolsbee, Bernie Sanders, Bill O'Reilly, free stuff

Accountability folly free trade & free markets general freedom moral hazard nannyism national politics & policies

Bailed — Before Bailout

health insurance, experts, obamacare, insurance, costs, illustration, meme

Last Wednesday, UnitedHealthcare Group Incorporated (UNH) announced that it will drop coverage of plans under Obamacare in all but a few states by 2017.

The market signaled a thumb’s up: UNH stock prices shot up over 2 percent.

The company, described in the news, somewhat vaguely, as the country’s largest insurer, is sending us a signal: the Affordable Health Care Act and its “Obamacare”?

Not affordable.

An insurance policy must make sense to both parties, the insured and the insurer. The insured gets peace of mind . . . and coverage when the rare events insured-for take place. The insurer has written enough insurance contracts out there, prices based on actuarial risk, to allow it to make a profit even with payouts.

The problem with the ACA is that it raised costs (in part by forcing insurers to take on patients with pre-existing conditions) while regulating terms of policies offered . . . and prices, too.

Plus, face it: the idea that one should insure for regular checkups is just one of the many absurdities built into the system.

It’s just too much meddling to work, in the long run. Bailouts and subsidies of those insurance companies that stick with the plan will then make the program unaffordable . . . for America’s taxpayers.

Over-regulated and over-subsidized, Obamacare suffers from the preposterous idea that a bird’s eye view of the economy from the politicians’ perch gives enough information to run complex systems servicing millions of people with diverse needs.

Expect more big stories with tags lines ballyhooing a “serious blow to Obamacare.”

This is Common Sense. I’m Paul Jacob.

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Tags Affordable Healthcare Act, experts, health insurance, ObamaCare

general freedom ideological culture national politics & policies too much government

The Drinking Gourd

$20, currency, twenty dollar, Jackson, Hamilton, Tubman, illustration

By now, most people are probably OK with Treasury’s plan to oust Andrew Jackson off the face of the $20 Federal Reserve Note and replace him with Harriet Tubman.

I certainly am. Ms. Tubman was a great hero of freedom. President Jackson has a more . . . mixed legacy.

The original plan to rotate Alexander Hamilton off the ten spot met with pushback as a result of his rising popularity from the Broadway play, Hamilton. Besides, Hamilton deserves blame—er, placement on the nation’s official paper money. Hamilton devised the first national banking system. Andrew Jackson, decades after Hamilton’s death, nixed that insider-mercantile scheme by refusing to re-authorize the central bank of the day, setting up a very different system for the Treasury and America’s banks.

Less than a century later, Hamilton’s idea was revived in the form of the Federal Reserve. Which we benefit/suffer from to this very day.

But in a bizarre twist, Jackson was not simply replaced. He was demoted. Tubman is to be placed on the note’s obverse, and Jackson moved to the back of the bus, er, note. The reverse.

I would have preferred to revive Old Hickory years from now, after the Federal Reserve dissolved, to be featured on a private bank’s note. After all, private banks did that for years between Jackson’s time and the modern period.

Bank notes don’t need the imprimatur of government.

That would allow us to place, on the flip side of the sawbuck, a more suitable image — of the Big Dipper, which served escaped slaves as a direction, to go north: “follow the Drinking Gourd.”

Additionally, the Big Dipper suggests bailouts, doesn’t it?

We’ll have plenty more before the system is changed.

This is Common Sense. I’m Paul Jacob.

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Tags $20, Andrew Jackson, bank note, currency, fiat money, Hamilton, money, treasury, Tubman

Accountability crime and punishment folly ideological culture media and media people national politics & policies

Story, Story, Story

David Brooks, dichotomy, dualism, false, minimum wage, crime, illustration

David Brooks has a story to tell you.

His New York Times op-ed, yesterday, “The Danger of Single Story,” builds on a good premise: “each individual life contains a heterogeneous compilation of stories. If you reduce people to one, you’re taking away their humanity.”

Brooks puts a political edge on what otherwise might sound like a lesson in manners with his next sentence: “American politics has always been prone to single storyism — candidates reducing complex issues to simple fables. This year the problem is acute because Donald Trump and Bernie Sanders are the giants of Single Storyism.”

Brooks then asserts that Trump and Sanders share a similar story that they beat to death, “the alien invader story.”

You can see how it applies to Trump, a staunch opponent of illegal immigration. Aliens invade!

But Brooks recognizes that Sanders’s story is about “the evil entity called ‘the banks.’” Not exactly alien. This menace is home-grown.

Then our pundit moves on to issues not in the single-story vein of Trump and Sanders, and how what seem to be opposite stories (incarceration prevents crime; too much incarceration is a moral horror) can both be true.

Crime is low right now, but Brooks devotes most of this putative paean to multiple crime stories. The third Bernie story he takes a bite of, the $15 minimum wage, belies the Single Storyism charge. That is, the point of his essay.

Way to go, sophisticate.

He also draws a complete non sequitur: “Raising the minimum wage to $15 may make sense in rich areas.” Nothing he wrote gives any credibility to that. At best the hike would do nothing.

This is Common Sense. I’m Paul Jacob.

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Tags Bernie Sanders, David Brooks, dichotomy, Donald Trump, dualism, story