The Impact Of Obama’s Policies On Job Creation

Wanna see how politics in DC can impact job creation?

From IBD via Care Diem:

Proponents of a large minimum-wage hike have ignored its potential interaction with ObamaCare’s employer mandate, which the CBO suggested may result in a bigger near-term job loss than a wage hike by itself.

Firms that do offer coverage, even of the skimpy variety, would face a fine of $3,000 per full-time worker who receives exchange subsidies. This penalty is nondeductible, so for profitable retailers facing a 39.2% federal and state tax rate the fine would equate to $4,930 in wages. That comes to $2.37 an hour for a 40-hour-per-week, year-round worker.

Coming on top of a federal minimum-wage hike of $2.85 an hour, ObamaCare fines could mean a 70% increase in compensation costs for a low-wage worker.

Obama’s message to his base:  “Were here to help you find a job by making you 70% more expensive to hire.”

This is the devastating impact of populism vs. reality.  The brutal reality is that Obama’s base doesn’t understand the basic economics of his policies.

How did the six ideological groups do overall? Here they are, best to worst, with an average number of incorrect responses from 0 to 8: Very conservative, 1.30; Libertarian, 1.38; Conservative, 1.67; Moderate, 3.67; Liberal, 4.69; Progressive/very liberal, 5.26.

North Carolina Unemployment – January 2014

North Carolina continues to see positive movement in unemployment numbers:

RALEIGH, N.C. — North Carolina’s unemployment rate continued improving in January to near the national average, falling to 6.7 percent, the state Commerce Department reported Monday.

The report was the latest to contain mixed messages about how well the state’s economy was shaping up for workers and why. While the report found the number of people employed increased by 17,407 between December and January, another survey found nonfarm payrolls recorded 7,200 fewer jobs.

While like to see the unemployment rate go down, we need to acknowledge that we are fighting serious headwinds as related to that number going down due to discouraged workers leaving the job market.  But there might be reason for a positive outlook there too:

The release of the January data was delayed by about a month as researchers revised and updated previous information, an annual process. The results of the revision indicate that the steady drop in North Carolina’s unemployment rate had less to do than previously thought with discouraged workers quitting their struggle to find jobs and no longer being counted, Brod said.

Our Response To Crimea

Here is what John Kerry said we’d do:

Mr. Kerry repeated his warning to Moscow in remarks to a congressional panel on Thursday.

“There will be a response of some kind [to] the referendum itself, and in addition, if there is no sign of any capacity to be able to move forward and resolve this issue, there will be a very serious series of steps on Monday in Europe and here,” Mr. Kerry told members of a Senate Appropriations subcommittee.

And here’s what we did:

…the Obama administration froze the U.S. assets of seven Russian officials, including top advisers to President Vladimir Putin, for their support of Crimea’s vote to secede from Ukraine, while similar sanctions were imposed on four Ukrainian officials for instigating Sunday’s Crimean referendum.

That is very scary AND serious sanctions indeed!

All this still confuses me.

We support Ukrainians desire to force an elected President out of power – replacing him with one they find more acceptable.  But then we fail to recognize Ukrainians desire to separate from the country to join with Russia.

Pino’s Take On Ukraine

I admit to being ignorant on the history of the Ukraine and have absolutely no understanding of the history of the region or the nation.

However, I have done some investigation.

In recent history Crimea was part of the Soviet Union and was given to Ukraine in 1954 – some say as a gesture of goodwill.  With most of the population of the peninsula considering themselves Russian – it is very reasonable that there is significant desire on the part of the people to want to become part of Russia again.

Recent events in the Ukrainian capital forced the sitting President to flee the country and take up shelter in Russia.  The pro-Russian government has been replaced with a pro-Western government.  There is little doubt that Yanukovitch was corrupt and needed too be out of office.  Less clear to me is that a reasonable course of action given that state of affairs is to protest and forcibly remove a sitting elected official.  Elections, they say, have consequences and the method that a reasonable citizenry use to affect leadership is done at the ballot box.

Add this up and the events begin to make more sense.

Russia sees an ally thrown out by a coup and replaced with a government much less friendly.  They, Russia, feels that their strategic interests are at risk specifically in Crimea.  In an effort to solidify those interests, including the port of the Black Sea fleet, Putin moved into Crimea claiming he was acting in the defense of Russian citizens.

While Putin’s claims of caring for the citizenry of Crimea rings somewhat false given no threatened violence combined with Putin’s clear disregard for human rights, there is a valid point – that the region is historically Russian.

Added to this reality is the fact that I resonate with the argument that the revolt in Kiev was not the best response to a desire to change leadership.

What does this mean for the US?  Well, as has been pointed out by virtually everyone – there is little we can do to influence Putin as it pertains to the peninsula; we most likely have to live with the fact that Crimea will eventually become part of Russia – but given the make-up of the people living there, this is a relatively painless eventuality.

What we need to do is identify where we and the rest of the EU will draw its line as it pertains the rest of Ukraine at large.  And then send troops – to guard that line and train the Ukrainian army.  Additionally, it is time to address the President’s decision to abandon the missile shield in Poland and the Czech Republic.  Clearly The Bear is stirring and if we want to be taken seriously we need to act in a manner commensurate with a growing Russian threat.

Gender Bias: Joe Biden

Gender BiasI’m continued to be surprised that the Democrats push this meme that not having to work, and therefor live off the labors of someone else, is a good and noble thing.   Perhaps the notion forwarded by Republicans that at the base of liberal policy is the idea that we need to create more Democrat voters.

Anyway, Joe Biden was at it again:

“How many of you are single women with children, in a dead-end job? You’re there because of your health insurance,” Biden said. “You would rather have the opportunity to spend the next couple of years with your child until they get — if that was your choice — until they get into primary school.”

Biden said because of Obamacare that women will now be able to make an “independent choice.”

“You’re now trapped in that job because if you leave, you lose your health insurance. Now you’ll be able to … make an independent choice,” Biden told “The View.” “Do you want to stay in that job and still have health insurance, or do you want to … stay in that job, even though you can get health insurance absent that job? And it gives women a great deal more freedom.”

Forget the fact that he’s advocating the idea that working is somehow a state of “lesser freedom”, a notion that is reprehensible.  But how does Biden get away with the gender bias implicit in his logic?  Why is it that only a woman would feel trapped by a job and wanna stay at home with the kids?

Why wouldn’t a man in similar circumstances want the same freedom?  Or, for that matter, why restrict to single moms?  Why not allow for the fact that anyone would wanna quit his job in order to live off the fruit of someone else’s labor?

Men.

Water Crisis In California

Drought

Recent rains in California may not really be helping the dry conditions very much – in some cases the flooding may be causing more harm than good.

Anyway, reading some of the coverage, I’m struck by:

The harm caused by the severe drought in California [“California’s lasting drought threatens family farmers,” news, Feb. 10] has been exacerbated by bad policy. For decades, the federal government has heavily subsidized water in the state, particularly for crop irrigation. Artificially low water prices have encouraged overconsumption and planting in dry areas where farming is inefficient and environmentally unsound.

Federal farm subsidies have made these problems worse by boosting demand for irrigation water and encouraging farmers to bring marginal lands into production.

I know that I have a tendency to over simplify complex issues, but … It’s really hard to imagine that making water cheap will lead to over demand of water.

For example, what if this:

Ending farm subsidies while moving toward market pricing of water would help solve recurring water shortages in California and elsewhere in the West.

Would lead to this:

The drought, combined with continued protections for endangered species, has forced farmers to find alternatives. Most farmers have already switched to drip irrigation, which is much more efficient than the flood irrigation technique used when water was plentiful.

More expensive water, forcing farmers to conserve water, wouldn’t solve a drought, to be sure.  But it certainly would allow the existing water to stretch further than it otherwise would.

Obama-Putin-Ukrain

Barack Obama

A little busy here today with karate, dance and what not.

Scrolling through my news feed I found these two headlines:

Obama Warns Russia of “Costs” in Ukraine

And then

Russian Troops Take Over Ukraine’s Crimea Region

From my feed’s perspective, it took Putin 15 hours to regard Obama’s warning as anything but serious.

 

Free Market Face Palm

Face Palm

This has been in my stack for near 2.5 months now.  The good Dr. Greens writes:

Wow.  Really, really good Washington Post story about how there’s a $50 treatment for a serious eye disease that affects the elderly, but doctors regularly choose the $2000 treatment, bill Medicare, and we all pay.  Ugh.

The story goes something like this:

Two equal treatments, one sells for $50 and the other for $2,000.  Docs prescribe the more expensive one because they make more money.

The complaint?

And another great example of why health care is so much more expensive in the US than the rest of the world.  Other countries simply don’t get lobbied into wasting money on Lucentis when Avastin will do the trick nor are their doctors financially rewarded for doing so.

Right – greed.

Wanna know how to fix it?

Expose the patient to the cost of the treatment.

Global Warming Truth

Global Warming

Global Warming – Climate Change And The Lie

Talk to liberal and let the topic move to global warming.  Or climate change.  Whatever, and then try to dispute their argument.  Immediately you’ll get hit with the fact that you don’t believe in science, that you’re a denier or a member of the flat earth society.

Serious.

Try it.

But then ask them what they mean when they make claims of “Global Warming” or “Climate Change”.  More than likely you’ll be met by nothing but blank stares and no satisfying answer.

The Earth Is Warming And Other Facts

If you can  begin to deconstruct the argument or debate to facts, the lens clarifies to a degree:

  1. The earth is warming
  2. CO2 is being added to the atmosphere
  3. Humans contribute to that addition
  4. CO2 is a greenhouse gas
  5. Greenhouse gases contribute to a warming planet

All this is true.  But so much is missing.  And so much of THAT is dismissed by alarmists.

Until now:

In 1971, as a PhD student in ecology I joined an activist group in a church basement in Vancouver Canada and sailed on a small boat across the Pacific to protest US Hydrogen bomb testing in Alaska. We became Greenpeace.

After 15 years in the top committee I had to leave as Greenpeace took a sharp turn to the political left, and began to adopt policies that I could not accept from my scientific perspective. Climate change was not an issue when I abandoned Greenpeace, but it certainly is now.

There is no scientific proof that human emissions of carbon dioxide (CO2) are the dominant cause of the minor warming of the Earth’s atmosphere over the past 100 years. If there were such a proof it would be written down for all to see. No actual proof, as it is understood in science, exists.

The Intergovernmental Panel on Climate Change (IPCC) states: “It is extremely likely that human influence has been the dominant cause of the observed warming since the mid-20th century.”

“Extremely likely” is not a scientific term but rather a judgment, as in a court of law. The IPCC defines “extremely likely” as a “95-100% probability”. But upon further examination it is clear that these numbers are not the result of any mathematical calculation or statistical analysis. They have been “invented” as a construct within the IPCC report to express “expert judgment”, as determined by the IPCC contributors.

These judgments are based, almost entirely, on the results of sophisticated computer models designed to predict the future of global climate. As noted by many observers, including Dr. Freeman Dyson of the Princeton Institute for Advanced Studies, a computer model is not a crystal ball. We may think it sophisticated, but we cannot predict the future with a computer model any more than we can make predictions with crystal balls, throwing bones, or by appealing to the Gods.

Perhaps the simplest way to expose the fallacy of “extreme certainty” is to look at the historical record. With the historical record, we do have some degree of certainty compared to predictions of the future. When modern life evolved over 500 million years ago, CO2 was more than 10 times higher than today, yet life flourished at this time. Then an Ice Age occurred 450 million years ago when CO2 was 10 times higher than today. There is some correlation, but little evidence, to support a direct causal relationship between CO2 and global temperature through the millennia. The fact that we had both higher temperatures and an ice age at a time when CO2 emissions were 10 times higher than they are today fundamentally contradicts the certainty that human-caused CO2 emissions are the main cause of global warming.

Today we remain locked in what is essentially still the Pleistocene Ice Age, with an average global temperature of 14.5oC. This compares with a low of about 12oC during the periods of maximum glaciation in this Ice Age to an average of 22oC during the Greenhouse Ages, which occurred over longer time periods prior to the most recent Ice Age. During the Greenhouse Ages, there was no ice on either pole and all the land was tropical and sub-tropical, from pole to pole. As recently as 5 million years ago the Canadian Arctic islands were completely forested. Today, we live in an unusually cold period in the history of life on earth and there is no reason to believe that a warmer climate would be anything but beneficial for humans and the majority of other species. There is ample reason to believe that a sharp cooling of the climate would bring disastrous results for human civilization.

Moving closer to the present day, it is instructive to study the record of average global temperature during the past 130 years. The IPCC states that humans are the dominant cause of warming “since the mid-20th century”, which is 1950. From 1910 to 1940 there was an increase in global average temperature of 0.5oC over that 30-year period. Then there was a 30-year “pause” until 1970. This was followed by an increase of 0.57oC during the 30-year period from 1970 to 2000. Since then there has been no increase, perhaps a slight decrease, in average global temperature. This in itself tends to negate the validity of the computer models, as CO2 emissions have continued to accelerate during this time.

The increase in temperature between 1910-1940 was virtually identical to the increase between 1970-2000. Yet the IPCC does not attribute the increase from 1910-1940 to “human influence.” They are clear in their belief that human emissions impact only the increase “since the mid-20th century”. Why does the IPCC believe that a virtually identical increase in temperature after 1950 is caused mainly by “human influence”, when it has no explanation for the nearly identical increase from 1910-1940?

It is important to recognize, in the face of dire predictions about a 2oC rise in global average temperature, that humans are a tropical species. We evolved at the equator in a climate where freezing weather did not exist. The only reasons we can survive these cold climates are fire, clothing, and housing. It could be said that frost and ice are the enemies of life, except for those relatively few species that have evolved to adapt to freezing temperatures during this Pleistocene Ice Age. It is “extremely likely” that a warmer temperature than today’s would be far better than a cooler one.

I realize that my comments are contrary to much of the speculation about our climate that is bandied about today. However, I am confident that history will bear me out, both in terms of the futility of relying on computer models to predict the future, and the fact that warmer temperatures are better than colder temperatures for most species.

If we wish to preserve natural biodiversity, wildlife, and human well being, we should simultaneously plan for both warming and cooling, recognizing that cooling would be the most damaging of the two trends. We do not know whether the present pause in temperature will remain for some time, or whether it will go up or down at some time in the near future. What we do know with “extreme certainty” is that the climate is always changing, between pauses, and that we are not capable, with our limited knowledge, of predicting which way it will go next.

Indeed.

Governor Brewer – Veto That Bill! *

Jan Brewer

Arizona SB 1062 – Religious Freedom

You have to be living under a rock if you haven’t heard of the bill that passed the state legislator in Arizona.  SB 1062 would allow businesses to refuse services to gay and lesbian customers based on their religious faith.

I think that Governor Brewer should veto this law because it singles out people who might be homosexual in an unfair manner.

Continue reading