Alarming News: I like Morgan Freeberg. A lot.
American Digest: And I like this from "The Blog That Nobody Reads", because it is -- mostly -- about me. What can I say? I'm on an ego trip today. It won't last.
Anti-Idiotarian Rottweiler: We were following a trackback and thinking "hmmm... this is a bloody excellent post!", and then we realized that it was just part III of, well, three...Damn. I wish I'd written those.
Anti-Idiotarian Rottweiler: ...I just remembered that I found a new blog a short while ago, House of Eratosthenes, that I really like. I like his common sense approach and his curiosity when it comes to why people believe what they believe rather than just what they believe.
Brutally Honest: Morgan Freeberg is brilliant.
Dr. Melissa Clouthier: Morgan Freeberg at House of Eratosthenes (pftthats a mouthful) honors big boned women in skimpy clothing. The picture there is priceless--keep scrolling down.
Exile in Portales: Via Gerard: Morgan Freeberg, a guy with a lot to say. And he speaks The Truth...and it's fascinating stuff. Worth a read, or three. Or six.
Just Muttering: Two nice pieces at House of Eratosthenes, one about a perhaps unintended effect of the Enron mess, and one on the Gore-y environ-movie.
Mein Blogovault: Make "the Blog that No One Reads" one of your daily reads.
The Virginian: I know this post will offend some people, but the author makes some good points.
Poetic Justice: Cletus! Ah gots a laiv one fer yew...
Democrats and Job Creation…or Not
The Wall Street Journal reports about the sense of panic that Democrats are feeling right now faced with the fact that stimulus and increase in unemployment rates seem to go hand in hand. As a result:
This explains why political panic is beginning to set in, and various panicky ideas to create more jobs are suddenly in play. The New York Times reports that one plan would grant a $3,000 tax credit to employers for each new hire in 2010. Under another, two-year plan, employers would receive a credit in the first year equal to 15.3% of the cost of adding a new worker, an amount that would be reduced to 10.2% in the second year and then phased out entirely. Why 15.3%? Presumably because that’s roughly the cost of the payroll tax burden to hire a new worker.
The irony of this is remarkable, considering the costs that Democrats are busy imposing on job creation. Congress raised the minimum wage again in July, a direct slam at low-skilled and young workers. The black teen jobless rate has since climbed to 50.4% from 39.2% in two months. Congress is also moving ahead with a mountain of new mandates, from mandatory paid leave to the House’s health-care payroll surtax of 5.4%. All of these policy changes give pause to employers as they contemplate the cost of new hires—a reality that Democrats are tacitly admitting as they now plot to find ways to offset those higher costs.
I wonder what level of unemployment Democrats need before they start considering actual rate cuts. A cut in the payroll tax would stimulate the economy instantly by cutting the cost of employing people. Is that really too hard to understand?
The article is here. For more on the inability of the government to create jobs, go here and here.
I’ve said it before and I’ll say it again:
Of all the democrat policies that are well-defined, the ones that have something to do with business are the most antithetical to common sense. These are the policies that a dull-witted mind, somehow becoming gradually more sharp and lucid week by week, would figure out are full of baloney at the earliest date.
They boil down to essentially this: We’re going to make it more expensive, awkward and uncomfortable to engage in business-activity-X, and equal or greater numbers of people are somehow going to be motivated to keep right on doing it.
That doesn’t work; therefore, anything connected to it, closely or distantly, also doesn’t work.
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I would say whatever the unemployment rate is on election day the day We the People throw the bums out.
In a word, yes. Remember the old sci-fi flicks and TV shows where a computer was asked to process something and all it could say was “that does not compute”? It doesn’t fit into their worldview at all. It is alien to their thought process.
- philmon | 10/14/2009 @ 05:51