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Accountability deficits and debt national politics & policies subsidy

What a Relief

Based on a quick look at the Edward M. Kennedy Institute for the United States Senate’s splash page, I wasn’t immediately sure what, precisely, the institute’s raison d’être might be. On the top menu bar there’s a slogan: “Just Vote.” Big clue? 

On the About page, though, we are told its mission: “educating the public about the important role of the Senate in our government, encouraging participatory democracy, invigorating civil discourse, and inspiring the next generation of citizens and leaders to engage in the civic life of their communities.”

As for the vision thing, that’s supplied by its namesake, Ted “I Survived Chappaquiddick” Kennedy: “To preserve our vibrant democracy for future generations, I believe it is critical to have a place where citizens can go to learn first-hand about the Senate’s important role in our system of government.”

I guess that explains why the institute’s Boston location sports a replica room of the U.S. Senate chambers.

Which costs serious money, of course.

Paid for entirely by the ultra-rich Kennedys?

Fact check: no. 

Some of it is paid for by you and me — courtesy of Congress and COVID!

You see, part of last year’s $350 billion in pandemic relief went to Boston’s memorial outfit for its once-favored now-deceased multi-millionaire politician. Five million bucks, it turns out, was used (the AP tell us) to pay off the institute’s debt. 

But don’t worry: the Kennedy Institute wasn’t singled out. Relief funds — which you might think would focus on struggling local libraries, community centers, and the like — also went to building a posh hotel and a minor league baseball stadium. And much, much more.

While politicians are good at spending money, especially for “emergencies,” they aren’t good at spending it well.

This is Common Sense. I’m Paul Jacob.


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porkbarrel politics subsidy too much government

Up-to-Date in Kansas City?

Eight-hundred million bucks. 

That’s the investment that “Meta” — the umbrella outfit that owns Facebook, Instagram and WhatsApp — has agreed to invest in a patch of land in Kansas City’s Northland. The plan is to build a data center at an 882-acred development site. 

“Political leaders who gathered at Union Station heralded the news as a major development for Kansas City and the state.” This private investment “would far surpass the scale of recent projects in the region . . . said Missouri Gov. Mike Parson,” The Kansas City Star relates.

But there’s more.

“Meta spokeswoman Melanie Roe said the company could invest as much as $40 billion at the site in land acquisition, construction, and development of a larger data center.” This is to be a “long term partnership.”

Make that a Big Business/Big Government partnership. The biggest ever, perhaps.

The Kansas City Council had unanimously approved a development plan for the site last April, with data centers there enabled to access to more than $8 billion in local tax incentives. “Incentive watchdog group Good Jobs First says such an incentive award would be the largest ever in American history,” The Kansas City Star explains.

Take it as a word of caution. This is not laissez faire capitalism. This is not “the free market.” It is favoritism. It unites big business and big government.

And even as an investment in future taxes — which is the ostensible justification for the subsidies — the data complex is slated to employ about a hundred workers.

Politicians don’t make the best investors. But they do make easy marks for big corporations.

This is Common Sense. I’m Paul Jacob.


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ideological culture subsidy

Slackers, Unite!

International socialists may once have rallied around “workers, unite!” but today’s young “communists” are embracing a Non-Workers movement, demanding free stuff and/or a Universal Basic Income (UBI). 

This came to mind reading a recent New York Times’s op-ed, “Work Is a False Idol,” and an earlier report, “These Chinese Millennials Are ‘Chilling,’ and Beijing Isn’t Happy.” A new movement in China and elsewhere, known as “Lying Flat,” extols indolence.

Instead of a career? Working hard? 

Do nothing!

Sounds like early retirement.

Very early retirement, for this is a young adult malaise.

Cassady Rosenblum, who took the trouble to author the op-ed, quoted a poem that asked “what is it you plan to do/ with your one wild and precious life?” and answered: “Sit on the porch.”

This “Lying flat” slacker movement reminds me of a novel I haven’t read, but whose theme has stuck with me, nonetheless: Ivan Goncharov’s Oblomov. It is about a young nobleman who spends the book recumbent, or so I’m told.

“Oblomovism” was a cultural obsession before the Soviet Revolution and a problem afterward. If no one produces, how could anyone consume?

With the character Oblomov, his lethargy merely drained the capital of his family’s aristocratic past.

With the hero of the new “Lying Flat” movement, Luo Huazhong — author of the mortal classic, “Lying Flat Is Justice” — he lives off odd jobs and his savings. So far, at least, self-sufficient. 

With Ms. Rosenblum, it’s her parents’ porch, and, thereby, their savings.

Think of what would happen were a UBI put in place. More horizontal living and less production (for redistribution). 

Oblomovism triumphs and we all lose.

After all, “Lying flat” is the perfect term for the ultimate in do-nothingism: what you do in a coffin.

This is Common Sense. I’m Paul Jacob.


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Fifth Amendment rights national politics & policies subsidy

The Moratorium on Survival

If only Lincoln Eccles were a property owner in Franklin County, Ohio, instead of Kings County, New York. He’d have more of a chance.

Franklin County is defying the latest national moratorium on evictions. Early in August, caving to pressure from socialist Democrats, President Biden directed the CDC to outlaw the evicting of tenants for another 60 days.

A Franklin County court has announced that the county will not obey the ukase. The county cites a recent court of appeals ruling that disputes the authority of the CDC to impose the nationwide moratorium.

In June, the Supreme Court had narrowly refused to lift a previous moratorium in evictions, even though at least one justice in the majority acknowledged that the CDC had exceeded its authority. Justice Brett Kavanaugh’s exact words: “Yes, this is unconstitutional, but . . . well, okay.” (Fine, not his exact words.)

Property owners have bills too. (Not to mention rights.) The less money they get from a property, the less money they have to maintain it, let alone earn profit.

Lincoln Eccles owns a 14-unit building in Crown Heights. Several tenants owe him rent. One owes $40,000. Which has put Eccles behind on utility bills and property taxes. The boiler must be fixed before winter. 

But Kings County is not defying the CDC.

“At this point they’re just abusing us,” Eccles says. “And it’s some version of slavery to me, forcing people to work and produce a product for free, and there’s no compensation.”

Were one to consult the Constitution, one might find a prohibition about public taking of private property “without just compensation,” but governments throughout the union haven’t been consulting that relevant document much lately.

This is Common Sense. I’m Paul Jacob.


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national politics & policies subsidy

Maxine and Nancy Sure Need Joe

“We thought that the White House was in charge,” explained Rep. Maxine Waters (D-Calif.), after the Democratic majority had failed to act on a key pandemic subsidy.

 “Action is needed,” implored a panicky Speaker Pelosi in a statement also signed by the Democratic House leadership, “and it must come from the Administration.”

“The Centers for Disease Control and Prevention-imposed moratorium [on home evictions] lapsed Sunday — five weeks after the Biden administration said it would extend the measure ‘one final month’ to July 31 and four weeks after the Supreme Court let the ban stand but signaled any new extensions would require Congress to act,” The Washington Post explained.

“But Congress didn’t act.”

Then, yesterday, President Biden responded to exhortations from his party’s left flank by announcing the CDC would extend the federal moratorium regardless of the unmet constitutional requirement.

“The bulk of the constitutional scholarship,” the president acknowledged, “says that it’s not likely to pass constitutional muster.” 

You don’t need to be a constitutional scholar to conclude that this sort of thing is wholly Pelosi’s bailiwick. But forget the Constitution, spending is the supreme law.

Also forgotten are the landlords devastated by the moratorium. They likewise have bills to pay. 

“Congress set aside nearly $50 billion to help families . . . pay the back rent they owe and avoid eviction,” National Public Radio reported. “But that money flowed to states and counties, which . . . have managed to get just a small fraction of the money to the people who need it.”

While the political “need” for bailouts directly resulted from government action — the pandemic lockdowns — blame for the current unconstitutional mess lies squarely with the Democratic Congress.   

This is Common Sense. I’m Paul Jacob.


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subsidy too much government

Throwing Big Bucks at the Rich

John Stossel’s latest YouTube video focuses on the many ways “your tax dollars end up in millionaires’ pockets.” 

In an interview with Lisa Conyers, co-author of Welfare for the Rich, they deplore how recent COVID Relief funds went to state governments already flush with surpluses and, disproportionately, to wealthier local communities.

“Politicians also give your money to companies that promise jobs,” explains Stossel, using as an example the Ohio case wherein General Motors closed its Lordstown plant . . . after receiving tens of millions of tax dollars to keep it open. 

Regarding Wisconsin’s Foxconn subsidy, Conyers notes that it came to a million bucks per job. Actually, Stossel corrects, the cost of each Foxconn job was $1.42 million.

Soon the subject shifts to the spectacular subsidies billionaire sports team owners receive for their lavish stadiums. Some folks apparently still think this welfare is an investment that pays off by stimulating greater economic activity. But Stossel points out the stark math: $188 billion in welfare to the wealthy sports moguls and $40 billion back in benefits. 

“The Vikings stadium is so nice,” Bob Fastner deadpans in a comment left at YouTube, “that I can’t afford to go inside.”

“20 years ago, our small town almost subsidized a sports stadium for all the reasons your program described,” offers Friendly One in another comment. “A small independent radio station brought the true financial history of such projects to public awareness, stopped it. It became a thriving business center instead.”

“The politicians don’t call each other out on this and just continue stealing from us,” observes Kiki The Great. “Something all of us can agree on,” comments Mr. Beat. “End corporate welfare!”

Left or right, we don’t support corporate welfare — so why is there so much of it?

This is Common Sense. I’m Paul Jacob.


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