Category Archives: Economics

Re-Elect Obama

…so we can see just how much worse it can be.

[Update a couple minutes later]

Spite and revenge is the new “hope and change”:

For Obama, this entire campaign has felt like revenge against Romney, and against the kind of people Obama thinks Romney represents. Obama could have spent the last several months talking about his own record and his plans to change direction from our current economic stagnation that has kept the level of employment in the population at or near 30-year lows. Instead, Obama approached this election as a personal mission of revenge, and left the door open for Romney to present the only vision of change for the future in this campaign. Romney defined his campaign as an expression of love rather than revenge. So what Obama said on Friday was no gaffe. It’s just the obvious takeaway from a relentlessly empty and negative campaign.

But he’s “likable.” I guess.

The Stakes On Tuesday

…here are six of them:

anyone who thinks it doesn’t really matter whether Barack Obama or Mitt Romney wins next Tuesday is, to put it bluntly, delusional.

The court is very important, but here’s one that they don’t mention. If Obama is impeached and removed over Benghazi (and anyone who doesn’t think this is a possibility is also delusional), we’ll have a President Biden.

[Update a couple minutes later]

When we deceive:

We are now in a surreal situation in which the administration, its congressional protectors, and the compliant media are all in a no-comment holding pattern until after the election, when the truth will come out, in the same way that Watergate could no longer be suppressed after the 1972 election. It is only a matter of time when those who told initial untruths leak information about who told them to promulgate such unbelievable narratives. And we still do not know exactly why the ambassador was in Benghazi, with whom he was meeting, what exactly was the U.S. doing or not doing in postbellum Libya, and why did Stevens so fear for the safety of his people in a country declared a model of U.S. and allied intervention.

The secretary of state is in a bind. Susan Rice was groomed to replace her, as she prepared to successfully bow out after the reelection of Barack Obama, ostensibly to ready herself for Clinton 3.0. Now she dares not leave, given that in her absence her directorship at State will be scapegoated by the administration and the Obama-fed media. So she stays, as Susan Rice recedes into the background after being used — and subsequently humiliated — in advancing a scripted administration falsehood about the video. Amid this chaos, there will be some officials, who warned of the danger, who knew Libya was not safe, who wanted to send help to our trapped contingent, who did not think the attack came from mere protesters angry over a video, who were enraged by the cover-up, who resented the blame-gaming — and who will ultimately not stay quiet.

If they’re true patriots, they’ll start talking before Tuesday.

The Nanny State

Yet another problem with it.

The problem with nanny state governance isn’t just that it’s intrusive. It isn’t just that it stifles business with over-regulation, and it isn’t just that it empowers busybodies and costs money. It’s that it distracts government from the really big jobs that it ought to be doing.

Mayor Bloomberg has done an admirable job under great pressure as the city reels from Sandy’s attack. But an ounce of prevention beats a pound of cure. The city needed flood protection for its subways and electricity grid—and it didn’t get it. If the Mayor had spent less time and less of his political capital focusing on minutiae, this storm could have played out very differently.

And the problem with big federal government is that it spends too many resources that aren’t its business, and it resultingly neglects the things that are.