Harvey’s Introduction
I’ve posted other articles by Jim Geraghty before, but this will be my last one because it would be easier for those interested to subscribe to National Affairs and get his report every day as well their full articles.
Category: Biden Policies Page 2 of 4
Harvey’s Introduction
I’m posting this article by Jim Gereghty in the National Review under the title of Morning Jolt. He has a bemused take on various events and i enjoy reading him. I hope you will too.
Harvey’s Introduction
Andrew Biggs is an accomplished economist who has studied public sector payroll costs and public sector financing. In this article he discusses the problem with the “so-called” Covid Relief bill with regard to the bail out of private sector retirement plans that are mis- managed and severely underfunded. Public sector pension plans are underfunded even more. He raises the legitimate question that this is the beginning of what could be a $4 trillion bailout for public pensions. It doesn’t belong in a Covid bill and it doesn’t belong in any bill in the future.
Harvey’s Introduction
I’m way behind so I’m posting a number of articles without an introduction. I’ll try to catch up later
Harvey’s Introduction
I’m way behind so I’m posting a number of articles without an introduction. I’ll try to catch up later
Harvey’s Introduction
I’m way behind so I’m posting a number of articles without an introduction. I’ll try to catch up later
Harvey’s Introductions
It used to be that we sought to create “equality of opportunity” for black people as the ideal end state – eliminating any legal or structural impediments to education, jobs or housing. Many of us believe we have basically achieved this result. But, but achieving equality of opportunity has not resulted in equality in outcomes. As a result, the goal posts have been moved from achieving equality to achieving equity – meaning equality of outcomes by race. Progressive Democrat policies and social warriors have claimed the disparity in outcomes is evidence of structural racism, so deeply embedded, that it cannot even be defined, described or illustrated. Hence their demands have now changed to achieving equity. This change is dangerous and morally bankrupt. It will help keep blacks in this country eternally as a victim class and exacerbate race relations. If you don’t believe this has happened just look at all Biden’s appointments where has put, as a priority, achieving racial equity in the State Department, the Federal Reserve, Labor Department, EPA and every other branch of government. The only way this kind of equity is possible is with complete and total government control of our lives.
Harvey’s Introduction
Jason Furman writes a defense of the $1.9 trillion s[ending bill. (I cant bring myself to call it a “stimulus” or a “Covid Relief” bill because it contains so much spending unrelated to either solving a stimulus need or dealing with Covisd). However, he is a serious economist and the WSJ gave him a platform for expressing his defense of this bill. I wonder when the NY Times or WAPO will do the same.
Harvey’s Introduction
No matter what economic studies show, Democrat politicians push for higher national minimum wages. They ignore the fact the the number of entry level jobs shrink, that worst hit are small businesses in lower wage areas, and increases in prices to consumers. Ignore the science and do what feels good. Incredibly stupid.
Harvey’s Introduction
Economists have known for years that raising the minimum wage above market rates harms the very people it is supposed to help. By misleading the public, Democrat politicians can pretend to help the poor while actually hurting them. I don’t know if these politicians are ignorant, stupid or malevolent. Maybe all three.