Wednesday, February 23, 2011

A String of Poloponies

Will to Inform
A minority of the minority of Wisconsin residents who work for government (300,000 of them) are resisting changes to benefits that most of Wisconsin's 5.6 million residents resent financing. (George Will, Washington Post, 2/22/11)

One of Will’s many strengths is putting the numbers behind the issues. News coverage would have you believe that massive numbers of Wisconsin’s residents are protesting. No, it’s a minority. Most people in Wisconsin are going to work every day.

Party of Wusses
Democratic state legislators in Indiana have fled the statehouse in an effort to stall anti-union legislation being pushed by Republicans, and they are saying they won't come back until the offending provisions are taken off the table, the Indiana Democratic Party chair confirms…. (Greg Sargent, Washington Post, 2/22/11)

Indiana Dems join their colleagues in Wisconsin in hightailing it when things don’t go their way.

Let it Flow
Government figures show that inflation-adjusted per capita income in six right-to-work states increased at a 6.9% annual rate over the past 10 years. In contrast, incomes contracted at a 0.5% rate in six unionized upper-Midwest states over the same period, as many high-paying automotive and other manufacturing jobs disappeared and foreign auto makers concentrated nearly all of their new investment in right-to-work states. (WSJ, 2/23/11)

One of the great things about capitalism is that, in the end, it is very much a cause-and-effect mechanism. Capital generally flows where it is most welcome.

Corporate Us
Actual middle-class Americans don't feel put upon by "corporate power" or "the business community," because by and large, they own the means of production: They run businesses; they hold shares in corporations through their investment and retirement accounts. (James Taranto, WSJ, 2/22/11)

Great point by Taranto and one that RedStateVT has also made in the past. The Left rails against business, failing to consider that business makes the products we buy and enjoy, employs our friends and families, pays dividends to retirees, etc.

No comments:

Post a Comment