Category Archives: Economics
Launch Reliability
With the summary of the Augustine report being released today, and a lot of people thinking about future space policy, while I don’t have time in the middle of a move to write anything fresh, I’ve written so much in the past that I can run some golden oldies. Here’s what I think is a relevant piece that I wrote over half a decade ago.
The Green Jobs Illusion
Why Van Jones was the right man for the job:
…let’s not miss the opportunity to point out that Jones’s promotion of “green jobs” was just as dubious, if not as reviled, as his dabblings in 9/11 Trutherism. As James Pethokoukis tweeted: “having a truther in charge of green jobs is a good fit… you need a certain willing suspension of disbelief for both”
To buy into the “green jobs” scam, you must have an unshakeable faith in the ability of the government to create a viable industry from whole cloth, because there is no commercial demand for the services these green-collar workers would provide. We don’t have to guess about the future of green jobs; we can look to the ethanol industry.
They never learn.
The End Of The Soviet Union
It should be apparent by now that Communism never died. The Soviet Union died. Being a Communist, or a neocommunist, is not an intellectual anachronism at all — it is quite the fashion in the academy and our other institutions. Does Charles not realize, for example, that Obama’s friend Bill Ayers — who proudly calls himself “a small ‘c’ communist” — was in 2008 elected vice president for curriculum of the American Education Research Association, the nation’s largest organization of education professors and researchers? (See Sol Stern’s profile of Ayers and education, here). I’m not sure “pathetic” is the right word, but what is a perilous intellectual anachronism is the belief that the communist threat ended 18 years ago.
The Jones incident, moreover, does not indicate that “we had a communist in the U.S. government.” To the contrary, as I argued last night, we have a U.S. government in which Van Jones was quite consciously selected because his views are representative of the president who made him the “green jobs czar.” Van Jones isn’t Alger Hiss. There’s nothing covert about him. He didn’t snooker Obama into bringing him aboard. He is who he is, and that’s why Obama wanted him. Having a Communist in that job was perfect since the “green jobs” initiative is an important part of the hard Left’s agenda to use environmentalism as an additional justification for usurping command of the economy.
In fact, the death of the Soviet Union has actually been a boon for neocommunists. Now, Obama and his fellow travelers like Jones, Ayers, Wright, Klonsky, and ACORN, can spout all the same totalitarian, anti-American, central-planning ideas the hard Left has always pushed, but in the abstract — under such mushy labels as “social justice” and “green jobs.” That is, they are liberated from having to defend the Soviet Empire, which, until 1991, was a living, breathing, concrete example of how horrific these ideas are when put in practice.
Yes, the superficially attractive (to those unfamiliar with human nature or economics) but ultimately disastrous idea lives on in the academy, and now in Washington. And our wonderful media, of course, thinks it’s no big deal, or are even attracted to it, not recognizing it for what it is.
A Modern-Day Paul Revere
An interesting interview with a straight-talking former head of the GAO.
A Shocker
Teen unemployment skyrockets as the minimum wage goes up.
This has long-term consequences — minimum-wage jobs are often the first rung of the employment ladder, leading to work habits and better jobs. Congress basically pulled the ladder up beyond manys’ grasp.
The Conventional Wisdom On Health Care
The top ten errors.
Tall Tales About TARP
…and redefining “profits.”
Party Like It’s 1983
Unemployment is at a 26-year high. But it’s the smallest decline in payrolls in a year, so it has that going for it.
Global Warming (Part Whatever)
It could forestall another ice age. Fire up the SUVs.
Because I know how much my commenters love posts like this…
Though actually, I prefer the phrase “glacial advance” to “ice age,” because we never really left the ice age. We’re just in a (brief — it’s only been a few thousand years) interglacial. The earth has been cool for a long time.