Comments on: Obama’s Budget: Playing Devil’s Advocate http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/ Thu, 16 Feb 2012 03:26:33 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: therealist http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/#comment-221702 therealist Sat, 14 Mar 2009 22:08:03 +0000 http://pajamasmedia.com/?p=49520#comment-221702 So exactly which part of the constitution gives the government the right to tax the citizenry for the purpose of redistributing that wealth to others for the purposes of social engineering? Because my understanding was that We, The People, delegated specific rights to the government and I don't remember that being one of them. So exactly which part of the constitution gives the government the right to tax the citizenry for the purpose of redistributing that wealth to others for the purposes of social engineering? Because my understanding was that We, The People, delegated specific rights to the government and I don’t remember that being one of them.

]]> By: T.K. Farrow http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/#comment-220416 T.K. Farrow Fri, 13 Mar 2009 04:31:48 +0000 http://pajamasmedia.com/?p=49520#comment-220416 Naturalization Acts of 1790 and 1795 were for "free white persons" to become citizens. Racial restrictions were removed in the Immigration and Nationality Act of 1952. The exception was for freed slaves in 1870. And white didn't mean European; it mostly meant non-Asian. UC Berkeley Professor Emeritus Ronald Takaki has written extensively on the racial restrictions of U.S. immigration and naturalization. Naturalization Acts of 1790 and 1795 were for “free white persons” to become citizens. Racial restrictions were removed in the Immigration and Nationality Act of 1952. The exception was for freed slaves in 1870. And white didn’t mean European; it mostly meant non-Asian.

UC Berkeley Professor Emeritus Ronald Takaki has written extensively on the racial restrictions of U.S. immigration and naturalization.

]]> By: T.K. Farrow http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/#comment-220401 T.K. Farrow Fri, 13 Mar 2009 03:58:23 +0000 http://pajamasmedia.com/?p=49520#comment-220401 Naturalization Act of 1790 enabled "free white persons" to become citizens, as did the Naturalization Act of 1795. Racial restrictions were removed in the Immigration and Nationality Act of 1952. The exception was the naturalization of former slaves in 1870. Lastly "white" did not have to be European; it mostly had to be non-Asian. UC Berkeley Professor Emeritus Ronald Takaki has written extensively on racial restrictions in immigration and naturalization. Naturalization Act of 1790 enabled “free white persons” to become citizens, as did the Naturalization Act of 1795. Racial restrictions were removed in the Immigration and Nationality Act of 1952. The exception was the naturalization of former slaves in 1870. Lastly “white” did not have to be European; it mostly had to be non-Asian.

UC Berkeley Professor Emeritus Ronald Takaki has written extensively on racial restrictions in immigration and naturalization.

]]> By: fred http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/#comment-220389 fred Fri, 13 Mar 2009 03:22:51 +0000 http://pajamasmedia.com/?p=49520#comment-220389 I have seen macroeconomic forecast models which estimate that cap and trade will shave off anywhere from 1% to 3% of GDP once the economy gets going in the future. Those are very significant numbers, because it effectively negates any positive effects from "stimulus spending." What you will get, starting in 2010 will be 1% to 2% GDP growth combined with the emergence of inflationary pressures due to the the huge size of the monetary aggregates. By 2012 we could have inflation up around 6% and climbing with unemployment still well above 7% and maybe close to 8%. The Democrats probably will barely hold majorities in both houses after the 2010 elections. By 2012 Obama will be defeated and his party will have lost their majorities. However, I doubt that the Republicans would get anything near a fillibuster proof Senate. That means unraveling Obama's and the Jackasses' programs, spending, and overall damage will be slow. And we may not get rid of it all. I have seen macroeconomic forecast models which estimate that cap and trade will shave off anywhere from 1% to 3% of GDP once the economy gets going in the future. Those are very significant numbers, because it effectively negates any positive effects from “stimulus spending.”

What you will get, starting in 2010 will be 1% to 2% GDP growth combined with the emergence of inflationary pressures due to the the huge size of the monetary aggregates. By 2012 we could have inflation up around 6% and climbing with unemployment still well above 7% and maybe close to 8%.

The Democrats probably will barely hold majorities in both houses after the 2010 elections. By 2012 Obama will be defeated and his party will have lost their majorities. However, I doubt that the Republicans would get anything near a fillibuster proof Senate. That means unraveling Obama’s and the Jackasses’ programs, spending, and overall damage will be slow. And we may not get rid of it all.

]]> By: Anna Bearss http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/#comment-220346 Anna Bearss Fri, 13 Mar 2009 01:32:40 +0000 http://pajamasmedia.com/?p=49520#comment-220346 And MAYBE Obama will govern from the middle. And MAYBE Obama will govern from the middle.

]]> By: Mike Blackadder http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/#comment-220313 Mike Blackadder Thu, 12 Mar 2009 23:52:59 +0000 http://pajamasmedia.com/?p=49520#comment-220313 Re: gnickgnack, etc - Sorry, but the last two paragraphs of Farrow's article presents about the weakest possible rebuttal to the rest. Moreover, he failed to point out in his reflections that most of his "devil's advocate" argument is factually incorrect and doesn't seem to redeem himself in having any understanding of what caused the financial crisis and how to fix it. I think the reaction is highly appropriate. I especially like #19. That pretty much sums it up. Re: gnickgnack, etc -

Sorry, but the last two paragraphs of Farrow’s article presents about the weakest possible rebuttal to the rest. Moreover, he failed to point out in his reflections that most of his “devil’s advocate” argument is factually incorrect and doesn’t seem to redeem himself in having any understanding of what caused the financial crisis and how to fix it.

I think the reaction is highly appropriate. I especially like #19. That pretty much sums it up.

]]> By: Fan of Coop http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/#comment-220310 Fan of Coop Thu, 12 Mar 2009 23:47:24 +0000 http://pajamasmedia.com/?p=49520#comment-220310 T.K. Coop called, that's his artwork that you've appropriated. Guess you didn't specialize in copyright at law school. T.K.

Coop called, that’s his artwork that you’ve appropriated. Guess you didn’t specialize in copyright at law school.

]]> By: A Clay http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/#comment-220300 A Clay Thu, 12 Mar 2009 23:18:06 +0000 http://pajamasmedia.com/?p=49520#comment-220300 How about some devil's advocacy from someone who is numerate? This argumnent can be summed up as look at all the great things government can do with the money from the upper middle class, and if these programs don't work, we won't ever get a dismissive "my bad." No thought had gone into the ramifications of the changes wrought or the degree of impact. Kudos to Pajamas Media for delivering ignorance wrapped in smugness to our doorstep, saving us the trip to the Huffington Post. How about some devil’s advocacy from someone who is numerate? This argumnent can be summed up as look at all the great things government can do with the money from the upper middle class, and if these programs don’t work, we won’t ever get a dismissive “my bad.”

No thought had gone into the ramifications of the changes wrought or the degree of impact.

Kudos to Pajamas Media for delivering ignorance wrapped in smugness to our doorstep, saving us the trip to the Huffington Post.

]]> By: malclave http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/#comment-220289 malclave Thu, 12 Mar 2009 22:40:42 +0000 http://pajamasmedia.com/?p=49520#comment-220289 "[I]f the result is pre-school for those who would otherwise be sitting in front of a television" Why is pre-school a responsibility of the federal government? "If the potential high school dropout stays in school" Why is retention of high school students a responsibility of the federal government? "Maybe the fear that universal health care will lower the quality of care in the U.S. is paranoid and unfounded." Maybe it isn't. "Maybe it’s also an unfounded fear that a cap-and-trade system for pollutants will raise the cost of energy for all Americans" "Obama himself is conscious of that fact and will not choose to implement plans in a European way, if only because serious resistance is assured." Maybe that "serious resistance" is manifesting, because your assumptions about Obama are incorrect? Maybe it isn't. “[I]f the result is pre-school for those who would otherwise be sitting in front of a television”

Why is pre-school a responsibility of the federal government?

“If the potential high school dropout stays in school”

Why is retention of high school students a responsibility of the federal government?

“Maybe the fear that universal health care will lower the quality of care in the U.S. is paranoid and unfounded.”

Maybe it isn’t.

“Maybe it’s also an unfounded fear that a cap-and-trade system for pollutants will raise the cost of energy for all Americans”

“Obama himself is conscious of that fact and will not choose to implement plans in a European way, if only because serious resistance is assured.”

Maybe that “serious resistance” is manifesting, because your assumptions about Obama are incorrect?
Maybe it isn’t.

]]> By: deguello http://pjmedia.com/blog/obamas-budget-the-sky-isnt-necessarily-falling/#comment-220273 deguello Thu, 12 Mar 2009 22:08:19 +0000 http://pajamasmedia.com/?p=49520#comment-220273 Very nice Mr. Farrow,you are ready to join the Oxford debating union,now please take an anti hallucigenic,and come back to us. Very nice Mr. Farrow,you are ready to join the Oxford debating union,now please take an anti hallucigenic,and come back to us.

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