Category Archives: Political Commentary

Business, Economics, Media Criticism, Political Commentary

Dispatch From The Bizarro World

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…of Democrats:

Thanks to this bill — which doesn’t touch any of the civil service protections afforded public workers, nor any private-sector unions — public sector workers will have a choice over whether to join a union. Thanks to this bill, public workers who elect not to join a union won’t be forced to pay dues anyway. Thanks to this bill, elected officials won’t be negotiating away taxpayer dollars with the people who finance their campaigns. So, naturally, the Democrats call it the the undoing of fifty years of “civil rights.”

Naturally.

Business, Economics, Political Commentary

Cheer Up

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The world’s biggest bond fund is dumping US debt:

You may think the Ryan Roadmap looks harsh and disruptive. But we simply must start dealing with these things right now, while we have some resources, some options, and some time. It will be much more harsh and disruptive to try to deal with these things after the fiscal crisis is upon us, when inflation is skyrocketing, unemployment is through the roof, and the markets start demanding a very high premium to finance the debt of Washington, the states, and the cities, if indeed investors are willing to do so at all.

We are in an extraordinarily dangerous period, one that calls for real leadership in Washington, where the geniuses in charge are currently locked in a death struggle over whether to cut nothing or next to nothing.

NPR? Foreign aid? Food stamps? That isn’t going to do it. The fact that we’re even having a discussion about whether we have to federally subsidize experimental opera companies in Topeka suggests that the message has not quite hit home. Maybe when the Social Security checks stop coming, Americans will notice. Which is to say, when it’s too late.

The country’s in the very best of hands.