Common Sense with Paul Jacob

national politics & policies too much government

The State of the Union of the States

Post author By Redactor
Post date January 29, 2014
6 Comments on The State of the Union of the States

Politicians know all about lying with statistics. But it’s more effective to lie with anecdotes — using stories to ignore the biggest Statistic in the Room.

President Barack Obama delivered his constitutionally obligatory State of the Union address to Congress last night. He told a lot of stories, and most of them may have been mostly true, for all I know. But what we do know for sure is that these stories distracted us from the one statistic that matters.

You know, to the actual state of the union.

Which is not sound.

The rising level of debt is putting the finances of the union in grave jeopardy. Politicians have promised too much — delivered too much — courtesy of borrowing from future tax revenues. The current debt is larger than the nation’s annual GDP. (That’s the stat that matters.) The federal government owes more than all of us, together, earn in a year.

This, of course, is unsustainable.

And yet the president is doing precious little to curb this unhappy meeting with destiny. Deficits are down a tad. He took credit for that. He didn’t credit the Republicans, his recalcitrant enemies.

But, in a State of the Union address filled with programs to expand and goals to “guarantee,” he didn’t offer to cut anything, did he? (Other than promise, yet again, to close Guantanamo.)

Indeed, in Obama’s most recent bickering “negotiation” with the House had his bid for extending unemployment benefits met with an ask price of an offsetting cut elsewhere in the budget. The prez balked.

Our “state”? In a deep debt hole, oblivious, and still digging.

This is Common Sense. I’m Paul Jacob.

Tags #SOTU, barack obama, debt, deficit spending, State of the Union Address

Thought

Frédéric Bastiat

In a state of isolation, our wants exceed our powers; in consequence of Exchange, our powers exceed our wants.

insider corruption

IRS Clarifies Targeting: Yes

Post author By Redactor
Post date January 28, 2014
7 Comments on IRS Clarifies Targeting: Yes

The Internal Revenue Service has proposed new regulations to restrict the eligibility of nonprofit organizations applying for tax-exempt status.

Per the proposal, nonprofits tainted by certain kinds of political activity will be ineligible, since those kinds ipso facto don’t do anybody any good. Forget that “social welfare” and “political” issues might overlap.

Association with a candidate or political party, communicating with or supporting or even mentioning the name of a candidate for office too close to a general election, even voter registration drives would be disqualifying.

Let’s say a nonprofit bookstore promotes a select set of books online. The author of several of those volumes runs for office. Would the store’s tax-exempt status now be in jeopardy unless it scrubbed reviews of his books? Well, according to the IRS’s own explanation, “content previously posted by an organization on its Web site that clearly identifies a candidate and remains on the Web site during the specified pre-election period would be treated as candidate-related political activity.”

Any chance that the strict new rules will be varyingly interpreted and selectively enforced?

Well, yeah, if the IRS’s decades-long track record, especially the recent targeting of Tea Party and conservative groups applying for tax-exempt status, is any indication.

The agency is soliciting your comments on the proposed new tourniquet on political speech (here). The deadline is February 27. Proceed with pith if not vinegar.

This is Common Sense. I’m Paul Jacob.

Tags favoritism, IRS, IRS scandal

Today

Molinari died, January 28

Post author By Redactor
Post date January 28, 2014
No Comments on Molinari died, January 28

On January 28, 1912, Belgian economist Gustave de Molinari died. The last major economist of the French Liberal School, heir to Frederic Bastiat, and a prominent advocate of laissez faire, Molinari’s last book, “The Society of To-morrow” (the only one of his many books to be translated into English in his day) envisioned a future of extremely limited government, arguing against the growing tide of socialism and war that was becoming the then-near future.

Thought

Frédéric Bastiat

Is Law to enforce rigorous Justice, or to be the instrument of Spoliation, organized with more or less adroitness?
Frédéric Bastiat, The Law (1850).

national politics & policies too much government

Grasping for a Legacy

Rush Limbaugh recently characterized United States President Barack Obama as a narcissist — and not for the first time.

On the surface, Limbaugh’s complaint about presidential narcissism seems ludicrous: people are thinking about the president “all the time” — the man is in the position to be contemplated by millions every hour, every minute. He’s thought about in Arkansas and Zimbabwe, Alaska and Kenya, Washington, D.C., and every potential drone target in the mid-East.

So, whatever existential crisis runs through the president’s brain should worry us, too. This isn’t narcissism. Or messianism. It’s simply the position of power he’s in, and the position of null-power we’re in.

Nick Gillespie, at Reason, thinks that the prez is going through a major crisis of self-confidence. As nearly everything around Obama has turned to lead, his personal charm has shown to be something less than alchemical. He may be golden tongued, but nothing he touches upgrades to noble. The prez understandably would want a legacy, and Obamacare ain’t going to be it.

Gillespie suggests that Obama begin to end the war on marijuana. That would be a legacy!

And it would. Alas, Obama may have had some inclination to do this earlier, but likely feared that, just as it was Nixon who had to go to China, it would be best if someone other than an admitted former toker begin the legalization of drugs.

Too bad. Now’s the time.

Though neither Rush nor Nick nor I know the president’s heart, this seems certain: Obama rests most of his hopes for change on massive government programs, not on the repeal of programs. Wrong direction for a progressive!

But the right — responsible — direction for America.

Let’s hope “narcissism” trumps ideology.

This is Common Sense. I’m Paul Jacob.