Category Archives: Politics: National

Shrinking The Income Disparity Gap: What Would It Mean?

So, I had an interesting discussion with reflectionephemeral over at Poison Your Mind.  We were discussing the meaning of income disparity here in America and then around the world.

I acknowledge that such disparity is increasing; the gap between the rich and the poor seems to be getting wider and wider all the time.  And America is much less income level mobile.  That is, it is more difficult here in America to move from one income bracket to another than it is in say, Europe.

However, I make my point that while the gap may be larger, the rich may indeed be getting a larger slice of the pie, that the slice the poor DO get is much bigger than they otherwise would.

In my conversation, I envisioned two scenarios:

A. On a scale of 1 to 10, with 1 being poor and 10 being rich, the poorest averaged a 2 while the rich averaged a 3.

B. On a scale of 1 to 10, with 1 being poor and 10 being rich, the poorest averaged a 4 while the rich averaged a 9.

In world B, the poor earn MORE than the rich in world A. However, in world B, the rich are wealthier in relation to the poor in world A.

Which would you pick?

Continue reading

Immigration Law

I’ve been living in Carolina for awhile now.  Today represents the 4,423rd consecutive day that I’ve left my property carrying my ID.

This includes 100% of my trips to the ice cream cone store.

Just sayin’.

Weekly Presidential Address: June 18, 2011

This week Obama focused on the obvious subject; Dads and Father’s Day.  It’s a good listen and well worth the 4+ minutes.

Listening to the President I’m reminded that the Left doesn’t have bad goals, in fact, the message that they preach is often one of noble and admirable qualities.  A message that IS jarringly absent in some of the circles and conversations we involve ourselves in day to day.  With that said, I certainly disagree on how we get to that place we wanna be.  But it’s hard not to agree on that destination.

Happy Father’s Day President!

Why Does Health Care Cost So Much?

The United States consistently ranks as one of the lowest advanced nations when it comes to health care.  To add further to the poor ranking of the US is the fact that we spend so much more money on our medical care than do other nations.  In terms of GDP, we outpace most, if not all, nations in the world.  We simply spend too much money.

The cost of medical care is one of the driving forces behind the call for this reform.  And for the most part, I’m all for that.  Generally speaking, reducing the amount of money we spend for a service or product is a good thing.  A good thing with one caveat:  Unless spending more on that thing is reported incorrectly.

For instance, suppose I enjoy minor league baseball.  And I spend $200 this year but will end up spending $400 next.  That can sound like a bad thing.  Unless, of course, it really means I went to twice as many games, in which case it’s a GREAT thing!

So, what are we spending all this money on and how can we fix it?

Continue reading

Unintended Consequences: California Style

There are some good things in California.  For example, I can think of two:

1.  California Pizza Kitchen

2.  That little corner store on Inter-State 8 East just before you hit the Arizona line.  How can’t you like the last thing in California?

But seriously, California must be a nice place to live.  It HAS to be, or so many otherwise sensible people wouldn’t live there.

But that doesn’t mean business find it a nice place to live.

Continue reading

Wisconsin Collective Bargaining Law: Thoughts

First, out of the gate:  Unions are loathsome awful things.

They produce nothing; create nothing.

They drain resources from the companies they work for and inhibit growth and expansion.

They do this by appealing to the populist message that unions protect the worker, the everyday guy gettin’ ‘er done.

Fair wage, safe conditions and equality for all.

But it’s not true.  Precious little of it is true.

Continue reading

Wisconsin Collective Bargaining Law: Upheld

This just in:

Madison – Acting with unusual speed, the state Supreme Court on Tuesday reinstated Gov. Scott Walker’s plan to all but end collective bargaining for tens of thousands of public workers.

The court found a committee of lawmakers was not subject to the state’s open meetings law, and so did not violate that law when they hastily approved the measure and made it possible for the Senate to take it up. In doing so, the Supreme Court overruled a Dane County judge who had struck down the legislation, ending one challenge to the law even as new challenges are likely to emerge.

More thoughts later tonight.

Chance of Recession

I’ve been a reader of Mark Perry’s for years and years.  I love his stuff.  One of my favorite installments that he runs is the “Chance of Recession”.  Here, he highlights data delivered by the New York Federal Reserve bank.

The bank does a  neat analysis of some different values and comes up with the chance that the economy will be in recession in the next year.  The data isn’t perfect, but the rough strokes are enlightening.

Let’s look.

Continue reading

Only The Government Can Save Us: Alabama Tornadoe Edition

Profit

Greed

Corporate

Crime

Money

Exploitation

All are failings of men.  People, left to their own devices are unable to care for their neighbor.  At least without profit or reward.  And so it is that government must come to the rescue.  It is government, and only government, that can take away the risks of life and grant peace and serenity.

Continue reading

Free Checking Accounts: This For That

There was a time, not so long ago, that people were free to choose.  They could do a thing, and, based on that thing, expect a specific outcome.

This was as true in banking as it is in everything in life.  There is no free lunch.

However, then came along lawmakers.  Those people who think they can institute “fairness” and legislate morality.

These people felt they could pass laws that would limit banks and limit ill begotten profits all in the name of “the common man”.

Now we see the fruits of their labor.

Continue reading