Too bad no one in government, nor their lackie media, nor their loyal TEAM players will pay attention.
The deficit debate is often misleading, however, because it tends to ignore a huge difference between the two kinds of deficit reduction. The evidence speaks loud and clear: when governments reduce deficits by raising taxes, they are indeed likely to witness deep, prolonged recessions. But when governments attack deficits by cutting spending, the results are very different.
In 2011, the International Monetary Fund identified episodes from 1980 to 2005 in which 17 developed countries had aggressively reduced deficits. The IMF classified each episode as either “expenditure-based” or “tax-based,” depending on whether the government had mainly cut spending or hiked taxes. When Carlo Favero, Francesco Giavazzi, and I studied the results, it turned out that the two kinds of deficit reduction had starkly different effects: cutting spending resulted in very small, short-lived—if any—recessions, and raising taxes resulted in prolonged recessions.
The only differences between cutting spending and raising taxes the above groups would have you believe are that reducing government spending is inherently racist/sexist/some other-ist, and seeks only to protect the “wealthiest” Americans, while raising taxes is virtuous and “fair.”
The politics of Team BLUE are based solely on envy and the desire to expand government and its influence in every way possible. They want to punish with force. They simply do not care how much damage they cause.
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2012-12-07 ::
madlibertarianguy
Thursday 6 December 2012
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Is it bad that the only thing that caught my attention in this blog post was that I’m paying for this guy’s solar panels?1
It would have been more honest of him to have sold the weed, and used the proceeds to buy his own goddamn peace of mind concerning his electricity usage. Buy your own shit, dude.
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1. Because not offering taxpayer funded incentives to guys who own their own home and want to make hugely expensive renovations to said home would be just like Somalia.
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2012-12-06 ::
madlibertarianguy
A kindergarten teacher in Caldwell has been investigated for isolating a 5-year-old boy in a dark room at school for at least an hour. And that’s just the beginning of the investigation.
The kindergarten teacher forgot she had placed the boy in the room. She left school for the day and left the boy behind.
James Cagle says he and his wife began to panic Wednesday when their 5-year-old son Tanner did not come home from school.
After about 45 minutes, Cagle says he and his wife went to Washington Elementary School to look for Tanner who attends morning kindergarten.
He says his wife and a school secretary went back to the kindergarten classroom area and found Tanner in a room, adjacent to the classrooms, in the dark.
“He was scared. He was crying. He had urinated on himself. You know just think about that. A five-year-old boy,” said James Cagle.
Government schools are prisons designed to teach children to do nothing but obey authority. The only rule is obey or be punished.
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2012-12-04 ::
madlibertarianguy
For the better part of four years, progressive media has had President Barack Obama’s back.
Now that he’s won re-election, it is faced with a choice: Should the left continue always to play the loyal attack dog against the GOP, blaming the opposition at all hours of the news cycle for intransigence? Or, should it redirect some of that energy on the president, holding him to his promises and encouraging him to be a more outspoken champion of liberal causes?
[. . .]
In conversations with POLITICO, some of the left’s most influential voices in media said that, with the concerns of re-election over, they intend to be more critical of the president’s performance and more aggressive in urging him to pursue a progressive agenda as the clock ticks on his last four years in office.
Despicable hacks. It’s all TEAM politics, all the time. The modern media is little more than a group of authoritarian cheerleaders, ready to actively sideline policy for political sideshow.
Do your fucking job.
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2012-12-04 ::
madlibertarianguy
I rise today in support of Sen. Feinstein’s amendment. I compliment her on her work. And I also echo the importance of the right to trial by jury. In fact, I’m appalled that anyone would think that we could arrest anyone in our country without charging them and giving them a right to a trial. It seems so fundamentally un-American. I agree with her also that I think the Supreme Court would apply this to anyone. Our amendment will say citizens and permanent residents, but I think the Supreme Court, if challenged, will uphold the right to trial by jury of anyone within the United States.
Today, we will either affirm the right to trial by jury or restrict it. Today we will vote to affirm the Sixth Amendment to the Constitution or we will spurn it. Today we will vote to affirm 800 years of history beginning with the Magna Carta or we will relinquish or at the very least diminish a right that Jefferson referred to as the only anchor yet imagined by man which a government can be held to the principles of its Constitution.
The right to trial by jury was a check on oppressive government. Opponents of the right to trial by jury will come today and they will argue that the American homeland is now a battlefield and that we must circumscribe our right to trial by jury to be safe from terrorists. But if we give up our rights, have not the terrorists won? If we let fear relinquish our rights, if we relinquish our rights because of fear, what is it exactly then we’re fighting for?
Only teabaggers believe in the right to trial by jury. Fucking ingrates.
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2012-11-29 ::
madlibertarianguy
Federal prosecutors in Memphis are investigating an educator who they say ran a test cheating ring in three Southern states for teachers and prospective teachers who wanted to pass standardized certification exams.
[. . .]
According to court documents, Mr. Mumford, a former assistant principal and guidance counselor, helped create fake government identification for test takers, and collected fees ranging from $1,500 to $3,000 from individuals who were concerned about passing tests administered by the Educational Testing Service in Arkansas, Mississippi and Tennessee.
When incoming “teachers” require greasing the wheels just to get a job, it should be a sign that our educational system is not in need of yet more teachers. If the population needed more teachers, we wouldn’t have to be forced to accept education college fluffs who cheated their way in.
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2012-11-28 ::
madlibertarianguy
Tuesday 27 November 2012
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Senator Obama on the right to confront your government accusers:
Of course this was before he granted himself the power to kill any American citizen without congressional or judicial review. Now it’s okay because “Fuck you, that’s why.”
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2012-11-27 ::
madlibertarianguy
These findings suggest that 401(k) plans and their brethren—which cost the U.S. government as much as $100 billion a year in lost revenue— . . .
Because, you know, money that you go out and fucking earns doesn’t belong to you; it belongs to government, and them not taking it from you as you put some aside to save for retirement (like responsible people do) costs government money. Fuck you, Ray Fisman.
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2012-11-26 ::
madlibertarianguy
When you have a program that so secret that you simply can’t allow it to be subject to judicial overview, yet not so secret that you can share it with The New York Times, what “information” we have is called propaganda.
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2012-11-26 ::
madlibertarianguy