Hmmmm. Is he a threat to Democracy?

 https://youtu.be/_cZ4x12Mb40

I’m a threat to Democracy?

 

What I believe  

1. Use open competitive transparent markets to allocate limited resources to meet unlimited demands, minimizing politicial influence and crony capitalism
2. Use market forces to allow families to control their education, not politicians and teacher unions 
3. Recognize the responsibility/accountability of the individual and stop the systemic racism false narrative
4. Guarantee equal opportunity not outcome
5. A social welfare system that incents working designed for unlucky people recognizing lazy people exist 
6. Fix the greatly distorted market for health care, do not put it into the hand of politicians
7. Simpler taxes, minimal regulations and mandates on individuals and businesses
8. Supreme Court that will interpret the laws as written, not invent laws that are not written
9. Congress writing specific laws and not delegating legislation to the administrative state
10. Right to freedom of speech and religious beliefs without harassment, cancellation
11. Work to minimize excess police force but recognize need to respect law enforcement 
12. Right to own a semi-automatic gun with 30 rounds to defend myself, others and property
13. Control our own borders, increase immigration with mix of targeting and open
14. Fund research to reduce the costs of alternative energy and impose minimal economics costs (taxes) on CO2 today proportional to the future risk, do not Impose extreme economic costs (regulation) on CO2 today in extreme excess of future risk 
15. Honor our founding and our history while learning from our past, stop rewriting history to distort the uniqueness and exceptionalism of our country
16. Foster capitalism and Democracy worldwide
17. Fair free trade

Actually- Biden increasing insulin cost.

Consumers will have less choice and pay more as a result of the Inflation “Reduction” Act. 

http://caseymulligan.blogspot.com/2022/06/how-incumbents-capture-price-controls.html?m=1 

I'm a racist?

 

Just a picture of me and all of the other "racists" that understand that racism exists (though not widespread), it’s bad, and we should continue to work to reduce it BUT it is not the primary cause of the disparities (murders, incarceration, teen mothers, fatherless households, income, wealth, etc.) between blacks and whites.

Why no BLM riots?

Early this week an unarmed black man was shot by a white policeman in Columbus Ohio. Anyone else wonder why there are no BLM protests or riots? It couldn’t be because the Democrats use these instances to their political advantage.  Under Trump they loved to incite anger and emotions regarding police and blacks. Now they pretend all is well. 

https://www.dispatch.com/story/news/local/2022/08/30/columbus-officials-address-three-police-shootings-in-eight-days/65464483007/

CA will be even more expensive

The average amount of power used by gasoline cars in CA today is ~74,000 MW per hour. 

The current electrical generating capacity in CA is ~80,000 MW. 

California plans to ban gasoline powered cars.

I guess that means they think they will switch to electric vehicles powered by wind and solar. If the build fossil fuel plants there is really no benefit to global warming. And it seems impossible that they would go nuclear. 

If this is the case there will be a dramatic cost to do this including:

1. The cost of doubling their power generating capacity. 

2. The cost of energy storage. The sun doesn’t shine at night and the wind often dies at night, when cars will need to recharged. 

3. The cost of having to install all of the infrastructure to transport additional electricity. 

4. The cost to build all of the charging stations. 

5. The additional cost electric vehicles versus gasoline vehicles.

6. The external costs associated with manufacturing and disposing  of batteries. 

How smart is this?

Suckers!

For all of those that put off going to college until they could  pay for it, those that saved and then paid for college,  those that borrowed and then paid their loans and those that did not go to college because they could not afford it, Biden says: “SUCKERS.”  

https://budgetmodel.wharton.upenn.edu/issues/2022/8/26/biden-student-loan-forgiveness

Biden’s student loan cancellation will cost all of us taxpayers $500 billion to $1 trillion and the benefit will primarily go to people with good paying jobs. 

And of course this will also hurt inflation. 

https://www.crfb.org/blogs/cancelling-student-debt-would-add-inflation

And increase the cost of college as more more people learn they can borrow money for free. 

And one of its largest cost are hidden. It’s the new way the commit limits what students have to pay. https://marginalrevolution.com/marginalrevolution/2022/08/the-student-loan-giveaway-its-much-bigger-than-you-think.html

And last but not least, help increase the money flowing to the woke university professors and administrators destroying our country. 

https://www.cato.org/blog/federal-student-loans-rising-tuition-costs-insider-speaks

Afghanistan 12 months later

Way to go Joe!

BLM-what about this life?

Where’s the outrage? Where’s BLM? Where’s Lebron?

Another week and more lives lost. Until the Democrats stop propagating the false narrative nothing will change.

Black lives matter - I support the words but cannot support the organization because it propagates the false narrative that systemic racism is the primary cause of the disparities(murders, incarceration, teen mothers, fatherless households, income, wealth, etc.) between blacks and whites.

Racism exists (though not widespread), it’s bad, and we should continue to work to reduce it. Excess police force exists (though rare), it's  bad and we should continue to work to reduce it.

BLM organization’s positions and policies do not address the problems (murders, fatherless households, teen pregnancy, lack of agency) and do not address the key root causes (it’s not excessive police force or systemic racism.) 

https://moxlosllc.blogspot.com/2021/10/wheres-biden-lebron-blm-102521.html

 

Biden raises insurance premiums

Biden raises insurance premiums   

Obama made a bad healthcare system bigger. He distorted the market for insurance (risk pools) resulting in much higher premiums.

Now, Biden succeeds in making it even worse. The Inflation “Reduction” Act will increase the demand for insurance BUT decrease the supply. Prices will increase. 

https://twitter.com/caseybmulligan/status/1557704382908665856?s=21&t=TPI21lIyTjXHvxXN_i8a1Q

https://nypost.com/2022/08/10/inflation-reduction-act-health-care-handout-would-worsen-inflation/

Biden is clueless!

We have time

Climate change is not an existential threat. There is plenty of time for adaptation and innovation. We do not need to stifle the economy today. We should be funding research to lower the cost of alternatives and developing nuclear. 

https://www.aims.gov.au/monitoring-great-barrier-reef/gbr-condition-summary-2021-22

Inflation Reduction Act - a big lie

The Inflation Reduction Act is a big lie. It will hurt the economy. It does not reduce inflation. And doesn’t even help fight climate change. 

http://caseymulligan.blogspot.com/2022/07/contents-of-inflation-reduction-act.html

 https://committeetounleashprosperity.com/wp-content/uploads/2022/08/CTUP_NegativeIRAReport_082022.pdf

https://twitter.com/bjornlomborg/status/1554502059340320768?s=21&t=ZE5mH_6ggLPuikGYaEf8ug

Spending 100’s of billions for nothing (except unions)

https://twitter.com/bjornlomborg/status/1555111668769820672?s=21&t=cN5kNup0kLNfZLnGSuG6vw

 

Oil still too high

 

People still not working

 Yes jobs are being added.  BUT people are still not working.  This is a problem.

Biden pays off unions

Biden’s union payoff 

The inflation reduction act doesn’t reduce inflation, it actually raises taxes on everyone. And now we learn it’s also a payoff to unions. Why Biden wants to distort market forces and use our precious tax dollars so inefficiently is obvious: he’s paying off unions. 

Solar

The new base tax credit for so­lar and wind pro­duc­tion would be $5.2 per (MWh). 

In­vestors in projects that use union labor would be able to claim $26 MWh 

Investors using 100% steel made in the U.S get $28.6 

C Sequestration 

The base tax credit for car­bon se­ques­tra­tion is $17 per ton 

For projects using union la­bor it is $85 per ton.

Nuclear Power

The base tax credit for nuclear power is $3 per MWh. 

It is $15 per MWh if union labor.

Biden increases your taxes

Biden wants in increase taxes on corporations. 

This will increase everyone’s taxes (though indirectly.)

What do you think happens when you increase the costs (taxes) of companies. They do a combination of three things. 

1. They increase their prices(inflationary);

2. They reduce their costs (your wages) and investment(lowers demand for workers); and/or,

3. Shareholders make less(reduces investment hurting economy).

INFLATION REDUCTION ACT - Nope

What do you think happens when you increase the costs (taxes) of companies. They do a combination of three things. 

1. They increase their prices(inflationary);

2. They reduce their costs (your wages) and investment(lowers demand for workers); and/or,

3. Shareholders make less(reduces investment hurting economy).

PWBM estimates that the Inflation Reduction Act impact on inflation is statistically indistinguishable from zero.

https://budgetmodel.wharton.upenn.edu/issues/2022/7/29/inflation-reduction-act-preliminary-estimates

Oooops.

 Way to go Joe. Two quarters negative GDP growth

Back in 2008, President Joe Biden’s current National Economic Council director, Brian Deese, stated: “Of course economists have a technical definition of recession, which is two consecutive quarters of negative growth.” 

And in 2019, top Biden economic adviser Jared Bernstein said that a “recession” is “defined as two consecutive quarters of declining growth.”

President Bill Clinton: “A recession is two quarters in a row of negative growth.”