Obama’s Inequality Sophistry Is a Recipe for Misery

    Inequality sucks when you’re on the wrong side of the greater than symbol. I’ve been there before and can empathize. However, a government aimed at ending inequality is unpractical, immoral and an aberration against the laws of nature. This sort of government is impractical because you cannot make the lowest and least motivated get off their butt in a nation where slavery has been abolished. People will ultimately only rise as high as they are willing. This push to unconditionally end inequality is immoral because it rewards the slack and the expense of both the willing and the most capable. It punishes the continued exertion of both will and ability. It is unnatural because it believes that a world of totally equal and totally unmotivated people will magically generate the capital necessary to create jobs for all the new recipients of equality being born every day. This doesn’t happen – job creation is a function of capital accumulation. Therefore President Obama may mean well by ending inequality, but he isn’t even remotely oriented in the right direction to improve America’s economic future.

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    The Demon Behind the Benevolent Mask of the Welfare State II: Property Rights Edition

    “While assessing the proposed additional levy on bank accounts in Cyprus, Putin said that such a decision, should it be made, would be unfair, unprofessional and dangerous,” Kremlin spokesman Dmitry Peskov told journalists.

    (HT: Yahoo News)

    It’s rare that I find myself admiring Vladimir Putin as a human rights visionary. It was a glaring omission from the syllabus back when the KGB used to train agents for USSR. Be that as it may, even Communists and Fascists sometimes make valid points. It makes their evil all the more pernicious, but it doesn’t make Vladimir incorrect in his assessment of the Eurozone’s behavior towards Cyprus this past weekend.

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    Matt Yglesias and the Totally Awesome Energy Narrative

    Dig the moats, unroll the concertina wire and man the battlements! With the looming possibility of $4.00 per gallon gasoline at the pump, the Left’s defense of President Obama’s disastrous energy policies has begun in earnest. Matt Yglesias unfurled the narrative at Slate.com: Out of Gas, The folly of blaming Obama for higher gas prices. …[T]his should all serve as a reminder that there’s little | Read More »

    Matt Yglesias and the Totally Awesome Energy Narrative

    Dig the moats, unroll the concertina wire and man the battlements! With the looming possibility of $4.00 per gallon gasoline at the pump, the Left’s defense of President Obama’s disastrous energy policies has begun in earnest. Matt Yglesias unfurled the narrative at Slate.com: Out of Gas, The folly of blaming Obama for higher gas prices. …[T]his should all serve as a reminder that there’s little | Read More »

    Why Won’t This Pig Fly? I’ve Tried Everything . . .

    Posted by Adam Schaeffer It’s fascinating to read Progressives as they think through a difficult policy problem. Kevin Drum writes (at Mother Jones!) that we can’t improve education or mitigate poverty: “I continue to think that the biggest problem here is simply that no one has any really compelling answers. . . You can go down the list of every ed reform ever touted, and | Read More »

    Where the Left’s Logic Takes a Vacation

    Both Steve Benen and Matt Yglesias address a particular item regarding Sharron Angle in an interview she did with the New York Times. The exchange: Q. Did Keynesian economics, the stimulus spending, work in the Depression of the ’30s? A. No. And I think history has really proven that to be true. Most economists agree that the thing that really worked, which is a sad | Read More »

    ‘It’s Bush’s Oil Spill’

    It’s a lie, a gross distortion or a paranoid delusion. Take your pick. In a Daily Beast article, blogger Matthew Yglesias does his best to shoehorn a few bits of truth into the Obama gang’s favorite narrative: “It’s Bush’s fault!” In making his argument that the blowout and spill resulted from lax enforcement by the Minerals Management Service, Yglesias focuses on a program known as | Read More »

    ‘It’s Bush’s Oil Spill’

    It’s a lie, a gross distortion or a paranoid delusion. Take your pick. In a Daily Beast article, blogger Matthew Yglesias does his best to shoehorn a few bits of truth into the Obama gang’s favorite narrative: “It’s Bush’s fault!” In making his argument that the blowout and spill resulted from lax enforcement by the Minerals Management Service, Yglesias focuses on a program known as | Read More »