Reactions to the debt deal: almost all unhappy
Reactions to the debt deal: almost all unhappy.
Category: Points of Information
Very brief descriptions, with appropriate links, of current or recent news items.
Why Obama should be re-elected
Why Obama should be re-elected.
The guy has done absolutely everything he’s promised… that’s mattered. Like remember how he said he was going to pass a big stimulus and keep unemployment from being 8%? Well, he passed his stimulus, and now unemployment… is not 8%. It’s an entirely different number than that. If you really didn’t want 8% unemployment, well guess what: You’re not dealing with that level of unemployment. Promise kept. And look at all the work he did for it: He spent $666 billion to bypass 8% unemployment. Could you spend that much money? No way. If I sat you down in front of a computer, logged you in to Amazon, and said, “Spend $666 billion,” it would be futile. You’d be clicking “Buy Now” until your mouse broke. But Obama did it; the man’s got hustle.
Read the whole thing. It will surely change your mind about Obama.
A day in the life of a gun owner
How the end of NASA affects national security
How the end of NASA affects national security.
Though I don’t agree with all of Dinerman’s points, he provides a complete and excellent analysis of the present political state of NASA. To me, the key quote is this:
NASA’s Administrator and his Deputy worked hard, along with the President’s science advisor and the rest of the White House team, to alienate a critical mass of members of Congress by ignoring their concerns, rejecting their advice and blindsiding them with critical space policy decisions. The Obama administration then wrecked the previous program on the grounds that it was underfunded and behind schedule, and replaced it with a new program that looks as if it is now underfund and behind schedule. Congressmen and women being human, and under massive pressure to cut spending, have now cut the guts out of the space agency’s proposed budget.
The story of Hayabusa inspires three major movie releases
The story of Hayabusa, the Japanese space probe that was the first to successfully return material from an asteroid despite serious technical failures, has now inspired three major movies.
10 years after concealed weapons law, the fearful claims of opponents turn out false
Ten years after the passage of concealed carry laws, the fearful claims of opponents are proven false.
During the debate, opponents of the change warned of gun-toting, trigger-happy citizens loose on the streets. But violent crimes have been rare among carrying a concealed weapon license holders. Only 2% of license holders have been sanctioned for any kind of misbehavior, State Police records show.
Not that the facts matter to these anti-gun advocates:
Still, anti-gun activists say changing the law was a grave mistake. The Brady Campaign to Prevent Gun Violence Web site describes state reforms like the one enacted in Michigan as “a recipe for disaster.”
Outlines of debt ceiling deal leaked to press
The outlines of a possible debt ceiling deal have been leaked to the press. No tax increases, and a lot of promised cuts, some real but many that are probably likely not to happen.
If true, this deal will represent a victory for the Republicans, despite what appear to be the weak nature of the cuts. And John Podhoretz explains why in a very cogent column today, using the Cold War as an analogy.
Everyone on the Right agrees that the U.S. is on an unsustainable fiscal path that must be altered. The difference comes down to the acceptance of political realities. Just as the United States could not effect rollback in the late 1940s (or any time thereafter), so too the Right and the Republican Party cannot effect a revolutionary change of course on July 31, 2011 with the Senate and the White House in liberal Democratic hands. The strategy, like containment, must have a longer time horizon, though it has the same goal: Ending the entitlement state before it swallows up the rest of the country.
Has DB Cooper been nabbed at last?
Has the hijacker DB Cooper been nabbed at last?
Senate Republicans reject Reid debt limit plan
The votes are not there: Senate Republicans have rejected Reid’s debt limit plan. Also, it looks like the House Republicans are going to reject it also.
Update: the House has rejected Reid’s plan. More here.
Could weird lunar crater be the crash site for Lunar Orbiter 2?
Could this weird lunar crater be the crash site for Lunar Orbiter 2?
Senate kills Boehner debt ceiling plan
That didn’t take long: The Senate has killed the Boehner debt ceiling plan that passed the House.
What the Democrats are missing in all this is that if no debt limit extension is passed, it is their beloved programs that will be hurt the most. The Republicans have more or less always preferred limiting government, so imposing the debt ceiling will only serve their purposes.
Thus, it is the Democrats who need the debt ceiling extended more than anyone. That they seem unwilling to agree to any deal or even propose one of their own seems the height of stupidity. Talk about cutting off one’s nose to spite one’s face!
How High Would Taxes Have to Be to Close the Budget Gap This Year?
How high would taxes have to be to close the budget gap this year? One blogger took a look:
I decided to look at the IRS data and calculate exactly how high would the tax rates have to be close this year’s budget gap of around $1.6 trillion (it’s $1.65 trillion according to the White House and $1.55 trillion according to the CBO). What I found was certainly not surprising but still quite disturbing.
Take a look yourself. It is very clear that increased taxes cannot solve the debt problem. It can’t even make a dent in it.
In other words, those advocating a “balanced approach” are really only avoiding the problem. In order to get the federal budget under control we have to cut spending. Nor should that be hard, considering that the federal budget has literally doubled since 1999. If we simply went back to 2000 numbers we’d almost certainly have a surplus, and no one would die nor would the world end.