After April 13 Obama Democrats went into campaign mode. They staged a poll-driven Senate vote to increase taxes on oil companies.
They began a Mediscare campaign against Ryan’s budget resolution that all but four House Republicans had voted for. That seemed to pay off with a special election victory in New York’s 26th Congressional District.
The message to job creators was clear. Hire at your own risk. Higher taxes, more burdensome regulation and crony capitalism may be here for some time to come.
I’m hoping for not more than another year and a half, until January, 2013. We’ll probably survive that long, though there will be a lot of unnecessary suffering. I don’t want to think about another five years of it.
I’ll probably try to update the post itself over there, but I’ll also note here that, since the publication of my piece yesterday, I have been reliably informed that the United Launch Alliance has no budget for this sort of thing, and if it did, it would spend it more effectively than on the sort of second-rate hackery put out by Mr. Thompson.
I wish more people would read and follow this how to. Though I still think that top posting is wrong under most circumstances. I’m just old fashioned that way, from the days before AOL and Microsoft ruined email.
It occurs to me for the first time that a cost-plus contract is intrinsically Marxist in nature. There is an implicit assumption that value is produced when the contractor is reimbursed for time and materials.