Taxing the rich will not solve the problem

Because it is often claimed that we can solve our federal budget problems by closing loopholes and increasing taxes on the wealthy, I thought I’d share this video from Bill Whittle, dramatizing this Iowahawk essay.

We can argue all day about whether we should increase taxes on the wealthy, but that is not going to solve our debt problem. Even if we confiscated every penny of profit from every person or corporation earning more than million dollars a year, we would still not make the slightest dent in the federal deficit.

Our federal government is simply spending money it doesn’t have. We need to cut spending, and cut spending drastically, in order to gain some control over this problem.

Unfortunately, it doesn’t appear to me the American people or Congress are yet willing to face this fact.

Experiment fails to find dark matter

The uncertainty of science: An underground experiment in Italy has failed to detect dark matter, as theorized by scientists.

In a paper published online last night, the XENON100 researchers report three events detected during a 100-day run of the experiment last year that might have been due to dark matter1. However, as they expected to see between 1.2 and 2.4 background events — interactions mostly caused by a radioactive contaminant in the xenon — their result is statistically negative and therefore rules out the existence of many of the more strongly interacting and heavier WIMPs.

Catching up with the future of the U.S. space program

As I have been traveling for the past week, I have fallen behind in posting stories of interest. Two occurred in the past week that are of importance. Rather than give a long list of multiple links, here is a quick summary:

First, NASA administrator Charles Bolden yesterday announced the museum locations that will receive the retired shuttles. I find it very interesting that the Obama administration decided to snub Houston and flyover country for a California museum. In fact, all the shuttles seem to be going to strong Democratic strongholds. Does this suggest a bit of partisanship on this administration’s part? I don’t know. What I do know is that it illustrates again the politically tone-deaf nature of this administration, especially in choosing the fiftieth anniversary of Yuri Gagarin’s spaceflight to make this sad announcement.

Second, the new budget deal (still pending) included NASA’s budget, with cuts. While requiring NASA to build a super-duper heavy-lift rocket (the program-formerly-called-Constellation) for less money and in less time than was previously allocated to Constellation, the budget also frees NASA from the rules requiring them to continue building Constellation. Since the Obama administration has no interest in building the super-duper heavy-lift rocket and has said it can’t be done, I expect they will use the elimination of this rule to slowdown work on the heavy-lift rocket. I expect that later budget negotiations will find this heavy-lift rocket an easy target for elimination, especially when it becomes obvious it is not going to get built.
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The 50th anniversary of Gagarin’s spaceflight

I am on the road today, so posting will be light. Though I have many things to say about today’s historic anniversary, fifty years after the first manned spaceflight by Yuri Gagarin, I simply won’t be able to post them. However, I plan to express some of my thoughts on the John Batchelor Show at 11:30 pm (Eastern time) tomorrow. Listen in live, or on his podcast posted shortly after the live show.

The ironies, however, are amazing, and quite depressing. On the same day we celebrate the start of manned space exploration, NASA administrator Charles Bolden will announce where the United States’s three retired shuttles will be put on display. Note also that he does this on the thirtieth anniversary of the first shuttle flight. It is almost as if the Obama administration’s desire to kill the American government space program is so strong that they have to rub salt in the wound as they do it.

I say this not so much because I am in favor of a big government space program (which I am not) but because the timing of this announcement once again illustrates how astonishingly tone-deaf the Obama administration continues to be about political matters.

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