the Morning Briefing every morning at no charge.
Yesterday, Barack Obama gave away the game. Without actually using the words, Barack Obama admitted he is completely and utterly ignorant about job creation and economics. In an interview with the Today Show, Barack Obama declared that the unemployment rate remains so high because of ATMS.Sadly, many people will agree with him because they lack the vision to see the whole picture. They see less bank tellers and more ATMs — much as Barack Obama does — and presume this must mean higher unemployment. This myth, and it is a myth, is older than even the great lament that cars put blacksmiths on the unemployment line by getting rid of the need for horse shoes.This left-wing populist thinking does not create jobs and often leads to dangerous policies that stifle the innovation that create the jobs that spring forth from the ATM’s replacing the bank tellers. Barack Obama sees less tellers at the banks because of ATM’s. But he does not see new IT workers at the bank to manage the ATM — higher paid than the tellers. He does not see the computer programmers. He does not see the manufacturers of the machines and their component parts.Barack Obama should read Henry Hazlitt’s Economics in One Lesson.Please click here for the rest of the post.
Better throw some more logs on the fire.”What may be the science story of the century is breaking this evening, as heavyweight US solar physicists announce that the Sun appears to be headed into a lengthy spell of low activity, which could mean that the Earth – far from facing a global warming problem – is actually headed into a mini Ice Age.”The magic phrase ‘Maunder Minimum’ was used – which suggests that we might be looking at another Little Ice Age. Which, depending on who you ask, either: caused a bunch of wars; made a bunch of wars much worse than they would have been otherwise; or is not to be mentioned in polite company. On the bright side, a colleague of mine suggested that the perfect name for a hypothetical new period of decreased sunspot activity would be the “Gore Minimum.” In terms of irony alone, that would be perfect.Please click here for the rest of the post.
By request, we look at a 2012 House race today. PPP polled Oklahoma’s second district for the Friends of Brad Carson. Carson, a Democrat, of course won this seat previously in 2000 and 2002, giving it up in 2004 in a failed Senate run. Dan Boren, also a Democrat, won the seat in 2004 and has held it ever since. Boren is retiring, so Carson wants to run.Is he in good shape, like PPP says he is?Please click here for the rest of the post.
RedState has had extensive and in-depth coverage of the National Labor Relations Board prosecution of Boeing, most recently here and here. For an excellent analysis of why this is so important, and the possible consequences of this prosecution, read The NLRB’s Opening Of Pandora’s Box Beyond Boeing by LaborUnionReport.Today at GOP.com, Chairman Reince Priebus has a good summary post up about the administration’s handling of this situation.Please click here for the rest of the post.
Yesterday, the House passed the largely non-controversial Military Construction/Veterans Affairs Appropriations (MilCon) bill for FY 2012. Unfortunately, it is these non-controversial bills which provide a safe haven for meretricious policy initiatives through the rapid fire amendment process. While everyone was focused on presidential politics, the House passed an amendment forcing government contractors to use labor unions on federal construction projects. Oh, and like most bad legislation, this amendment passed by one vote, with the help of 27 Republicans.In 2009, Obama used his signature power grab tool; an Executive Order, forcing all private companies to sign a project labor agreement (PLA) in order to bid on federal construction projects. PLA’s compel the private contractor to use only unionized workers for the perspective project. This executive power grab is nothing more than an election payback to big labor, which would ostensibly purloin the taxpayer with forced collective bargaining for all public construction projects.Please click here for the rest of the post.
Last September, federal agents conducted a search of the homes of 23 left-wing, anti-war activists, several of whom are union activists from Illinois and Minnesota. The searches were in execution of warrants “seeking evidence in support of an ongoing Joint Terrorism Task Force investigation,” stated Steve Warfield, a spokesman for the FBI in Minneapolis, at the time.Please click here for the rest of the post.