Friday, July 22, 2011

Cruising the Web

Kurt Brouwer at Marketwatch has the numbers to demonstrate that Congress never cuts spending. And he also uses the line from Wimpy that I'd been thinking of using about those promised spending cuts. "I’ll gladly pay you on Tuesday for a hamburger today." Yup. Don't buy into promises for future spending cuts, especially from people who for two years wouldn't even write a budget because they didn't want to own up to the spending that they were responsible for.

Don Surber agrees with Ezra Klein.
Amazing, that. But they both agree that there are lots of places for savings in the tax code.

Michelle Obama praised Wal-Mart for building stores in poor areas where the inhabitants otherwise wouldn't have access to buy fresh produce. Of course, that is just what the unions would like to deprive them of.

John Hawkins has some more thoughts
about the coming decline of the independent, conservative blogosphere and some suggestions about how to avoid the decline.

Jesse Walker at Reason confronts the idea that the internet is allowing people to inhabit their own little ideological bubble cocooned from contrasting viewpoints.

In a review of Naomi Schaefer Riley's new book, The Faculty Lounges and Other Reasons Why You Won't Get the College Education You Pay for, Frank Gannon reviews all the reason why it makes no sense these days for professors to have tenure. Professors are supposed to conduct research while the real job of teaching falls on underpaid adjunct faculty and graduate assistants. Meanwhile, families pay more and more and get less and less from sending students to these universities.

Mark Thiessen analyzes the gimmicks
in the Gang of Six proposal.
To see just how absurd Conrad’s tax cut claim is, consider this: If the Gang of Six really cut taxes by a net $1.5 trillion, how on earth does its plan reduce the deficit by $3.7 trillion? That would require $5.2 trillion in spending cuts. But the plan outlines nowhere near those kinds of cuts. And even if it did, does anyone believe President Obama would sign into law a plan that cut spending $5.2 trillion while also cutting taxes by $1.5 trillion? Not a chance.
In another example of how Democratic demagoguery and hyperbole betrays their historical ignorance, Harry Reid calls the Cut, Cap and Balance" bill part of the "worst legislation in the history of this country." Doesn't he know any history? Hasn't he ever heard of the Fugitive Slave Act? The Gag Rule? The Alien and Sedition Acts? Smoot-Hawley Tariff? National Industrial Recovery Act? Chinese Exclusion Act? Indian Removal Act? Come on, Harry. Crack a history book every few decades.

This is fun. In honor of the sight of Wendi Deng Murdoch leaping to the defense of her husband, here is a contrast of the Trophy Wife and the Tiger Wife.

More good news for Wisconsin. They created the most private-sector jobs last month since the numbers created in 2003. With numbers like those, how do you think that recall effort of Governor Walker is going to turn out? I wonder how neighboring Illinois and Minnesota are going to do under their Democratic governors.

Jay Cost looks at what the Federal Reserve
information reveals as well as recent complaints from Steve Wynn and the head of Office Depot to demonstrate that fears of the cost of healthcare under ObamaCare are as well as fears of other federal regulation are preventing job growth.