In at least four scary ways.
Category Archives: Economics
“There Is No Fiscal Cliff”
Tribal America
Some depressing thoughts on our demographic demagogued destiny, from Mark Steyn:
The short history of the Western Hemisphere is as follows: North America was colonized by Anglo-Celts, Central and South America by “Hispanics.” Up north, two centuries of constitutional evolution and economic growth; down south, coups, corruption, generalissimos, and presidents-for-life. None of us can know the future. It may be that Charles Krauthammer is correct that Hispanics are natural Republicans merely pining for amnesty, a Hallmark Cinco de Mayo card, and a mariachi band at the inaugural ball. Or it may be that, in defiance of Dr. Krauthammer, Grover Norquist, and Little Mary Sunshine, demographics is destiny and, absent assimilationist incentives this country no longer imposes, a Latin American population will wind up living in a Latin American society. Don’t take it from a right-wing bigot like me, take it from the New York Times. In 2009, Jason DeParle filed a story about suburban Maryland, in which he helpfully explained the municipality of Langley Park to Times readers:
Now nearly two-thirds Latino and foreign-born, it has the aesthetics of suburban sprawl and the aura of Central America. Laundromats double as money-transfer stores. Jobless men drink and sleep in the sun. There is no city government, few community leaders, and little community.
Golly. You’d almost get the impression that Mr. DeParle thinks that laundromats doubling as money-transfer stores, jobless men drinking and sleeping in the sun, and dysfunctional government are somehow characteristic of Central America. That sounds awfully judgmental for a Times man, no?
Immigration, multi-culturalism, democracy. Pick any two.
Fear Of Fracking
A report on what appears to be an interesting lecture. Fracking is going to have a lot of unforeseen effects.
Saving The American Twinkie Industry
Will Obama step in with TARP money, and then hand the company over to the Bakers Union and Nestle? That’s the GM/Chrysler precedent.
[Update a while later]
So much for the “this is just like Bain” narrative: a curious cast of characters are behind the Hostess business fiasco. And they’re not Republicans.
Heckuva Job, Brownie
California now leads the nation in poverty.
I think it’s just “bad luck,” of the Heinleinian variety
I, Pencil
The movie, from CEI.
An Unsuccessful Parasite
Successful parasites don’t normally kill their hosts, but the Bakers Union just did.
Obama’s “Fairness” Tax
Corporate Welfare
The GOP has an opportunity to wage war on it.
But if history is any guide, they won’t.