Monday, April 8, 2013
Moral Suasion
Iron Indeed
But by the time she left office, the principles known as Thatcherism — the belief that economic freedom and individual liberty are interdependent, that personal responsibility and hard work are the only ways to national prosperity, and that the free-market democracies must stand firm against aggression — had won many disciples. Even some of her strongest critics accorded her a grudging respect. (NYT, 4/8/2013)
The great Margaret Thatcher. It is a shame that we do not learn from history.
Piece Meal
The days ahead could be decisive ones for the main pieces of President Obama’s second-term agenda: long-range deficit reduction, gun safety and changes to immigration law. (NYT, 4/7/2013)
First on President Obama's second term agenda: Deficit reduction. But not just any deficit reduction, long-range deficit reduction. In fact, he talks about it all the time. Usually right after higher taxes on the rich, green energy, gun control, immigration reform, marriage equality, more money for education, more money for our crumbling infrastructure and hot AGs. Then, long-range deficit reduction.
Really
In fact, the real, lived experience of Obamacare is likely to be one of significantly increased individual freedom. For all our talk of being the land of liberty, those holding one of the dwindling number of jobs that carry decent health benefits often feel anything but free, knowing that if they leave or lose their job, for whatever reason, they may not be able to regain the coverage they need. Over time, as people come to realize that affordable coverage is now guaranteed, it will have a powerful liberating effect. (Paul Krugman, NYT, 4/7/2013)
We were going to offer some pointed rebukes to Krugman's column, but as always, it is best to let his own words tell the story.
We are all going to be freer, thanks to Obamacare.
Well there you go.
Swell
Between December 2007, when the recession started, and June 2009, when it ended, the number of Americans receiving federal disability benefits grew to 7.6 million from 7.1 million. Then the rolls swelled, reaching 8.9 million in March, about 5.4% of the civilian workforce ages 25 to 64, according to J.P. Morgan estimates. That compares with 1.7% of the U.S. workforce in 1970. (WSJ, 4/7/2013)
Just to be clear, this is what Republicans are talking about when they argue about entitlement programs. Not honest payments to deserving seniors or the disabled. It is the millions of deadbeats who are gaming the system. Abetted by Liberals.
Oh Come, Oh Come
Earlier this year, Mr. Emanuel's administration and leaders of the police sergeant's union reached a preliminary four-year contract with a 9% raise in total. In exchange, union leaders pledged to support efforts at the state level to solve the pension issue by reducing cost-of-living increases for current retirees, raising the retirement age and increasing worker contributions.
Union members rejected the deal by a 6-to-1 margin last month, with rank-and-file officers pushing the sergeants to shoot it down. For some officers, the deal belied the mayor's statements that he wanted to work with unions to resolve the pension shortfall. "To me, being a partner shouldn't mean my way or the highway," said Mike Shields, president of Chicago's largest police union. (WSJ, 4/7/2013)
It was said that only a Cold War warrior like Richard Nixon could open the door to Red China back in the day. We wonder whether it has to be a Democrat like Emanuel who has to break the union pension funds that are slowly killing America's cities. Unfortunately, Emanuel's first run-in, with the Chicago teachers, ended with him caving. Here's hoping.
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