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moral hazard nannyism national politics & policies responsibility too much government

Sit, UBI, Sit: Play Dead

This weekend, the Swiss people rejected the idea of a Universal Basic Income (UBI) with a whopping 77 percent against.

That’s the kind of overwhelming result that one finds in America for, say, term limits. And 23 percent, you might notice, is about the percentage of the population in America of hard-core “liberal” progressives, the kind of people usually in support of such measures.

In Switzerland’s case, it was a measure put on the ballot by one group, Bien-CH. But if you are thinking “socialism,” the group insists that that’s the wrong way to think about the plan. UBI is needed, the group’s website says, “to grease the wheels of the capitalist economies” facing a declining need for workers as a result of technological advance.

Yes, UBI is a policy designed to accommodate the coming horde of robots! How? By “increasing demand” by spreading out wealth from the connected-to-tech few to the witless-about-tech many. (How vulgar Keynesian.)

The Swiss government urged a No vote, fearing a need to raise taxes by fifty percent. Quite a hike.

Meanwhile, the notion garners worldwide interest, and even libertarian social scientist Charles Murray promotes this guaranteed income idea (under a different initialism), mostly to streamline the costly bulk of the welfare state.

I’m dubious.

After all, about our latest industrial revolution, in artificial intelligence and in robotics: I say open up labor and entrepreneurial markets from excessive regulation, and allow networking advances to transform capitalism on its own terms, with person-to-person (P2P) cooperation (think AirBnB and Uber and Lyft) and much more.

The best is coming, I bet. If clunky proposals like UBI don’t get in the way.

This is Common Sense. I’m Paul Jacob.


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Swiss, Switzerland, UBI, Universal Basic Income, socialism, robots, illustration

 

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Common Sense Thought

Dr. Michael J. Hurd

The initiation of violence at the Donald Trump rallies foreshadows the force to come when socialism — an ideology of force — continues to gain ground in what was once the land of individual liberty, private property, freedom of association and freedom of speech.


Michael J. Hurd, “Why Violence Against Trump Supporters, But Not Sanders/Clinton Supporters?” June 4, 2016.

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Today

Nineteen Eighty-Four

On June 8, 1949, George Orwell’s dystopian novel Nineteen Eighty-Four was published.

Categories
Accountability national politics & policies political challengers

How Does “Unfair” Play?

“We’re being treated very unfairly.”

I don’t know about you, but this constant complaint from Donald Trump is getting a bit old.

Even if true.

Maybe I lost some patience for this shtick because my side in the political arena — the 85 percent majority for term limits, for example — has constantly had to bear with undue weights from major candidates, public officials, and other political insiders. This week I’m in Arkansas to help put term limits back on the ballot, after politicians lied to the citizenry in a legislatively referred measure, successfully fooling them to substantially weaken the limits.

It turns out that honest people have always been at a disadvantage in politics, because our enemies often feel free to lie, cheat, steal, etc.

My impatience is that, well, coming from a billionaire, the complaint seems . . . hollow. To the extent that wealth and fame lead to an unfair advantage over others, Trump has indeed parlayed both into a shot at the White House.

So to talk about how being treated unfairly smacks of narcissism. It is like going to the funeral of a good friend and having to listen to some whiner take the limelight to complain of his lumbago.

It seems inappropriate, in context.

But mainly it reminds me of Bernie Sanders in particular, and the socialist left in general. “Life [or The System] has treated us unfairly — so give us free stuff!”

Trump is not asking for free stuff. He is merely expecting us to forgive his ugly tirades — as in the current mess about the judge sitting on his Trump University case — and nasty escalations of name-calling.

He expects a free pass. And has so far gotten one.

This is Common Sense. I’m Paul Jacob.


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Donald Trump, thin skinned, cry, 2016 Presidential, Hillary Clinton

 

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Common Sense

Founding Fathers

On June 7, 1776, Richard Henry Lee presented the “Lee Resolution” to the Continental Congress. The motion was seconded by John Adams, but was tabled for several weeks. The motion was finally passed on July 2, 1776.

During the 1916 Republican National Convention (June 7 – 10), Senator Warren G. Harding used the phrase “Founding Fathers” in his keynote address . . . and would go on using it in speeches thereafter. It caught on, referring to folks such as Thomas Jefferson and, yes, Richard Henry Lee, who orchestrated the American colonies’ break from England’s monarchy.

Categories
Thought

La Rochefoucauld

The truest mark of having been born with great qualities is to have been born without envy.


La Rochefoucauld, Réflexions ou sentences et maximes morales, (1665, 1678), 433rd maxim.

Categories
Accountability ideological culture moral hazard national politics & policies political challengers too much government

Bernie’s Problem?

Sen. Bernie Sanders has a problem. With Hillary Clinton.

Asked about the Clinton Foundation, yesterday, by CNN’s Jake Tapper, host of State of the Union, Bernie re-questioned himself:

Do I have a problem when a sitting secretary of state and a foundation run by her husband collects many millions of dollars from foreign governments, governments which are dictatorships?

And Bernie answered, “Yeah, I do.”

How many roads must mainstream media reporters walk down before they investigate and report on the myriad of ethical cracks in the Clinton Foundation?

To the most obvious conflict of interest in the history of the human race, add the fact that even after promising President Obama that the Clinton Foundation would at least be totally transparent with an annual report of all donations . . . well, Hillary welched on the deal, not revealing the donors.

While Bernie’s condemnation of Hillary’s ethical shortcomings was big news, less reported were the senator’s comments regarding whether Mrs. Clinton is “too quick on the draw, too eager to use military force.”

Bernie again was clear: “I worry about that. Yeah, I do. Her support for the War in Iraq was not just an aberration.” Sanders went on to cite Secretary of State Clinton’s role in pushing President Obama to overthrow Gaddafi in Libya and to intervene in Syria.

Hillary’s judgment on issues of war and peace is questionable . . . especially when we don’t know whether or not a foreign leader or his cronies have written big checks to the Clinton Foundation.

This is Common Sense. I’m Paul Jacob.


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Hillary Clinton, Bernie Sanders, war, foreign policy, blood stained, death, military, illustration

 

Categories
Today

Philosophers

June 6 marks major life events of two eminent British philosophers, Jeremy Bentham’s death (1832) and Isaiah Berlin’s birth (1909).

Bentham was known as a “philosophical radical” and a major influence on the British utilitarian tradition. He authored numerous books, including Defence of Usury (1787) and An Introduction to the Principles of Morals and Legislation (1789).

Berlin was best known for several dozen brilliant essays, including the famous, much-quoted “Two Concepts of Liberty.”

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Common Sense

Carl Menger

The propensity of men to trade must accordingly have some other reason than enjoyment of trading as such. If trading were a pleasure in itself, hence an end in itself, and not frequently a laborious activity associated with danger and economic sacrifice, there would be no reason why men . . . should not trade back and forth an unlimited number of times. But everywhere in practical life, we can observe that economizing men carefully consider every exchange in advance, and that a limit is finally reached beyond which two individuals will not continue to trade at any given time.


Carl Menger, Principles of Economics (1871; English translation, 1950), Spring 1977, chapter IV, “The Theory of Exchange.”

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links

Townhall: Do You Know the Way of San Jose?

As the political summer heats up, violence wells. What are we to make of it?

Click on over to Townhall, for a full consideration. Then come back here for even more reading.


Photo hails from KCRA.