Feeds:
Posts
Comments

Don’t Prepare Your Kids to be Slaves of the State

As we all know, the jails are full of victimless criminals in America.  Whether they are street walkers, gamblers, or drug users, many are serving time not for hurting anyone, but as protection against themselves or because they committed an act considered immoral by society’s moral elite.

However, adults are not the only ones punished for not hurting anyone.  Young children are usually placed in time out, spanked, or have their toys confiscated by their parents for committing the victimless crime of not sharing.

Picture this, little Jonny has a friend over to play, but refuses to give him a turn with his slinky.  After much quibbling between the two young lads, Jonny’s dad intervenes by taking the slinky away from Jonny and giving it to Jonny’s friend while Jonny is placed in time out on the couch to think about what he did.

But, what did little Jonny do?  He did not hurt his friend or violate his friend’s rights.  After all, he didn’t steal from or hit him.  What he did was obnoxious and inhospitable by societal norms, but no crime worth punishing was committed.  Little Jonny’s toys are his property and it is his decision whether or not to let others play with them.

If you disagree, then consider why adults are held to a different standard?  If my neighbor wishes to borrow my hedge trimmer, but I don’t loan my tools out to anyone, does some authority figure come along and take it from me and give it to my neighbor while I am placed in time out in a ten by ten cell?  Most people would say that is a preposterous example that would never happen.  Agreed, then why are kids punished for not sharing their toys?

Like adults, kids have a choice to make.  If they don’t share their things, when they are at a friend’s house, that friend may not share his things with them.  Worse yet, a child who doesn’t share may not have any friends even if he wanted them.  The bottom line is that the natural world has a way of working these issues out.  There are plenty of incentives for little Jonny to share.

But, let’s return for a moment to the example about the neighbor who wanted to borrow my hedge trimmer – the example is not so far-fetched upon closer consideration.  In America, it has become all too commonplace for our neighbors to ask for authority figures (government) to make us share our income with others or face time in prison.  Whether it is big bank bailouts, the military industrial complex, public employee unions, corporate and individual welfare, or foreign aid, Americans are constantly required to share their money with others or face jail time.

And that is really the lesson to be learned about punishing kids for not sharing their things with others.  It teaches them at a young age that property rights equates to selfishness and prepares them to be subservient slaves to the state which takes their property through taxation or price inflation and gives it to others.

At the end of the day, sharing should come from the heart not because you will be placed in time out or put in a cage.  Parents should teach their children empathy for others while respecting their property rights.  In an age of massive public assistance spending and “too big to fail” bailouts, property rights have taken a back seat to political expediency.  It is time property rights were once again respected. Parents can begin that process with their young children.

Originally posted on The Jeffersonian:

Do you remember about ten years ago when the so-called vulcans on Bush’s national security council rather contemptuously dismissed their opponents? The vulcans prided themselves on their hard-headed realism in international affairs. Their critics said that going to war in Iraq ignored the realities of politics in that part of the world. Cheney’s vulcans, who tried to make everyone who disagreed with them feel like a sissy, replied, “We create our own reality.”

Now you see the reality they made. The vulcans wanted a friendly, peaceful regime in Iraq, secure access to oil shipped through the Strait of Hormuz, a bulwark against sworn enemy Iran, no home anywhere for al Qaeda, and a stable environment that would sustain friendly countries like Turkey, Saudi Arabia, Jordan, Lebanon, Egypt and Israel. Look what we have instead:

  • Civil war in Afghanistan, Iraq, Syria, Egypt, and Libya.
  • Refugees by the millions in Iraq, Kurdistan…

View original 519 more words

It’s Time to Try Something New for a Change

Last week, on the 50th anniversary of Lyndon Johnson’s so-called War on Poverty, President Barack Obama unveiled his latest initiative to combat economic deprivation in America.  The President’s latest scheme involves public and private funding to create jobs, enhance public safety, improve schools, and provide better housing in 20 communities across the country.  You know, it is the same old story.  If only the federal government would spend enough money we could eradicate poverty in our lifetime.  Unfortunately, for Obama, his latest initiative to fight poverty will have the same end result as LBJ’s War on Poverty – utter failure.

You see, in the 50 years since LBJ signed into law the most sweeping social welfare programs in the history of the U.S., Uncle Sam has spent about $16 trillion on public assistance schemes.  Yet, Americans living in poverty has only gone from 19 percent of the population in 1964 to about 15 percent today.  Put another way, it cost our economy $4 trillion for every percentage point decrease in the rate of poverty.  Given our already enormous national debt and the future calamity it will bring, isn’t there a more cost effective way to help the poor escape poverty?  We cannot afford to spend more money and that is clearly not the answer anyway.

At the end of the day, the best way to fight poverty is with a job.  Thus, to help the poor all minimum wage laws should be repealed immediately.  The late, great, Murray Rothbard had it right when he labeled minimum wage laws “compulsory unemployment”.  Whenever government fixes prices either shortages or surpluses result.  Fixing wage rates above the market rate will only lessen demand for workers’ labor.  Thus, a surplus of workers’ labor (unemployment) will result.  This is Economics 101.

Low wages may not provide a decent standard of living, but for the 49 percent of African-American youth who are currently unemployed, the jobs they would have by virtue of repealing minimum wage laws would give them the opportunity to work hard, get work place experience, and build a resume.  All three could lead to higher paying jobs in the future.

But repeal of minimum wage laws alone isn’t enough.  Uncle Sam needs to repeal costly regulations on business which prevents the creation of new jobs.  In 2013, the federal government adopted $112 billion worth of new regulatory costs on job producers.  This amounted to 80,224 pages being added to the Federal Register.  Since Barack Obama became president in 2009 close to $500 billion in new regulations have been imposed.  And then there is the job killing scheme known as Obamacare.  At a time when the labor force participation rate is at the lowest level since 1978, should the federal government really be concerned about expensive energy efficiency standards for microwave ovens?

To be sure, more could be done to alleviate the scourge of poverty.  A gold backed dollar like existed in the late 1800s and which kept price inflation flat for more than 60 years should be reintroduced in America.  Abolition of the Federal Reserve System which is primarily responsible for the continuous boom and bust cycle in our economy and the destruction of the middle class should be enacted.

In the final analysis, for 50 years, Washington has thrown good money at the so-called War on Poverty.  The result has been failure to achieve the objective.  And this is why it’s time to try something new for a change.

Originally posted on The Jeffersonian:

I came across a post I wrote in October about Dallas’s Love Project, where school children made posters on the theme of love for the fiftieth anniversary of Kennedy’s assassination. Business people and others posted the posters throughout Dallas’s business district, to remind everyone that Dallas is not a “city of hate.” That’s the reputation it had after Kennedy met his gruesome end in Dealey Plaza.

Talk about missing the point. People loved and hated Kennedy all over the country. That’s how it is with presidents. You don’t take that job without knowing you are going to raise antagonism. Some groups may have been more vocal in their anti-Kennedy rhetoric during the run-up to his visit, but no one can say that these sentiments were more virulent in Dallas than anywhere else.

Nellie Connally leaned over toward the president, shortly before the volley that killed him, to say, “No…

View original 1,265 more words

Young Voters Betrayed by Obama Policies

Barack Obama, in large part, owes his presidency to young voters.  In two presidential elections he has garnered 66 percent and 67 percent of their vote respectively.  Many of those votes proved pivotal for him in winning key states like Florida, Virginia, Pennsylvania, and Ohio.  And yet the President apparently feels no loyalty toward this group of voters that has given him so much.  In fact, it has become second nature for him to run roughshod over their interests.

To begin with, the economy Obama has produced for young people in close to five years of his leadership is horrendous.  His policies of regulate and spend have not permitted the economy to recover from the Great Recession that began in 2008.  Unemployment for 15 to 24 year olds is more than double the national average.  Many college graduates, unable to find a job, have returned to their parents’ nests to wait for better days and brighter employment prospects.  African-American teenagers face a jobless rate of more than 40 percent!

And while the President was attempting to “stimulate” the economy back to good health with profligate spending, what he did instead was run up a tab that young folks will have to pay back for many years into the future.  What’s more, when interest rates rise to their historic average and interest payments on the national debt more than double, paying back that debt will have to include much higher taxes or enormous cuts in government services.

Lastly, there is Obamacare.  The President is relying on young folks to make his health care scheme work.  He is counting on millions of them to purchase high cost plans to offset costs for the sick and elderly.  Of course, many will not accommodate the President’s wishes, thereby causing health care premiums to skyrocket for all consumers.  By the time the current crop of 18-30 year olds is interested in purchasing health care coverage the costs will be astronomical.  Thus he has put them in an unenviable position.  They are damned if they do, damned if they don’t.

Young people made a serious mistake giving Barack Obama their overwhelming support in the last two presidential elections.  But, what choice did they have?  John McCain and Mitt Romney weren’t much better alternatives.  What young people need are free market policies – sound money, a balanced federal budget, and deregulation.  It doesn’t appear this is going to happen anytime soon.

Originally posted on The Jeffersonian:

I was thinking today about the way we use the word hoax, perhaps because Connecticut at last released the Sandy Hook 911 recordings, almost a year after that schoolhouse massacre. Some skeptics referred to the shooting as if the deaths themselves were faked. Anything is possible, and in this environment, we shouldn’t rule anything out too quickly. Nevertheless, when people refer to a crime as a hoax, that doesn’t necessarily mean the crime itself is faked. They want to say that the official account of the crime is faked.

In case after case, the people responsible for investigating a crime act like co-conspirators who want to hide what actually happened. In the Sandy Hook case, people came at three in the morning to spirit the bodies away. No one, not even the children’s parents, were permitted to say goodbye to the children they had seen off to school the…

View original 913 more words

Obama is Disingenuous about the Economy as Well

Lies, damn lies, and statistics.  The current administration has become adept at using all three to mislead the American people.  There is the current kerfuffle over the President’s lie that Americans could keep their health care plans and doctors under Obamacare if they liked them.  Of course, that was a damn lie, especially if you have lost your plan and are now looking at much higher premiums.  And then there are smaller mistruths, perhaps not as egregious, when it comes to describing the current state of the economy.

For instance, I got an email from the White House last week with the headline:  “Here’s What Economic Growth Looks Like, in 3 Charts”.  Included in the message was a chart showing private sector job growth over the last 44 months.  7.8 million private sector jobs have been produced in that time period.  At first glance, this number is amazing.  But, it is only a statistic.  And statistics can be deceiving if you only take them at face value.

Although, nearly 8 million jobs produced in the last 44 months is quite an accomplishment, the figure becomes a lot less remarkable when it is viewed alongside other related statistics.  Those 7.8 million jobs in the last 44 months calculates to an average of about 177,000 per month.  Unfortunately, over the same time period the working age population has grown by an average of 213,000 workers per month.  Thus, private sector job growth is not keeping up with the number of new workers entering the job market.  7.8 million new jobs is simply nowhere near the number of jobs that are needed.

Further, the statistic put out there by the Obama Administration does not indicate what kind of private sector jobs are being produced.  According to the Household Survey of the Bureau of Labor Statistics, from February to August of this year, 963,000 more people reported they were employed, and 936,000 of them reported they were in part-time positions.  Additionally, Labor Department statistics show that people employed in part-time positions are growing four and a half times faster than those employed in full time positions.  So, while claiming 7.8 million jobs is “What Economic Growth Looks Like”, the Administration is being less than honest given that most of the jobs are low-paying, light hour positions.

To put things in the proper perspective, in 2009, 133.5 million Americans were employed.  32 million Americans were on food stamps.  Today, 143.5 million Americans are employed, while 47 million are on food stamps.  Thus, while 10 million more Americans are working today, 15 million more are on food stamps.  This is not indicative of economic growth.  It is characteristic of a collapsing economy.

But, the point is that the President needs to come clean with regards to the condition of the economy.  He is a smart guy.  He has access to the same statistics referenced in this article.  The charade that the economy is growing and has been in recovery since 2009 must end.  Lastly, there needs to be an acknowledgement from Obama that spending trillions of dollars and pumping trillions more into the economy through Federal Reserve monetary schemes has been an abysmal failure in reviving our collapsing economy.  Let’s end the lies, damn lies, and dishonest statistics so we can have an adult conversation about a new direction for America.

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: