Calling John Galt

Start Anew

In Case You Didn’t Know

Fido has the better approach

Lower Taxes = More Gov’t Revenue

I’m So Ronery – Too Funny

Zero Sum Idiocy

One of the hurdles you have to clear when explaining how taxes and incentives work is getting them over the hump in understanding the fallacy of the Zero Sum.

Raising taxes on some people is not equivalent to lowering them for others.

The fact that someone made a billion dollars is not proof that money was taken from poor people.

The Zero Sum mindset is too simple, which is why it’s so hard to beat when the medium of discourse is a bumper sticker.

But there’s another example of Zero Sum assumptions that also poisons real thought, and it has to do with Power.

Die-hard liberals will tell you a strong government is a necessity, to protect people from Evil Corporations. Think about the premises they expose in that line of logic, though.

They assume there is a single, stable amount of power and influence available at all times. When one person has it, another doesn’t. And to some extent, this is certainly more true of power than it is of raw dollars and purchasing power. You can make analogies about “rising tides lifting boats” when you’re talking about prosperity, but power is a different story. Isn’t it?

It’s easy to assume that when one entity steps away from Power, there will be a vacuum that is filled by something else. If the King abdicates his crown, he either names a successor or there is a fight to fill the throne. But pitting Big Business and Government on opposite sides of the boxing ring is naive. It’s more like a tag-team wresting match, where Uncle Sam and Robber Baron have been working in tandem for years, and you and I have been Camel Clutched and Drop-kicked (if we haven’t nodded off to the Sleeper hold yet.)

Government and Business don’t fight with each other. They cooperate – and when one gets stronger, it adds to the power of the other. When it happens at a very high and tight level, you end up with a form of corporate fascism. That’s not Zero Sum, that’s a multiplier effect.

The way you beat this team is through splitting them up, so they can’t tag out anymore. And that’s been the strategy of the American Progressive movement for a very long time. It’s easy to understand the motive. “I do have the power to vote for politicians, but I don’t get to vote for CEOs.” So they choose Government.

The reality is that you only get a “vote” every 2, 4 or 6 years. And that vote may have so many variables attached, that the person you elected gets a mixed signal – or even worse, assumes a mandate for an agenda that doesn’t really exist.

But how many times did you buy something today? You made a choice about not just what to purchase and where to purchase it, but whether to make a purchase at all. Corporations (at least ones that operate in a market) are far more sensitive to needs and demands. You “control” them far more than you do a government.

The other reality-check is that you can’t get rid of lobbying influences as long as there is a strong central government. The need to lobby exists wherever there is outsized power to be wielded.

Want to get rid of Corporate Big Greedy Influence in our lives? Vote for candidates who actively seek to limit the power and scope of government. Don’t set out giant honey pots, then complain when the ants show up demanding more than their share.

Power is not a Zero-Sum game between government and enterprise. You can limit the power of both, and return more freedom (and responsibility) to the individual in the bargain.

Is this the opportunity for real reform

With the monstrosity of a healthcare bill sidelines in the House and Senate, is this the time to try for real healthcare reform?

1. Open up competition across state lines
2. Crack down on fraudulent law suits
3. Incorporate price visibility

An Endless Downward Spiral

BoomerJeff pulls together a pile of steaming data on individual and corporate tax receipts to paint a very grim picture of the impact of Obamanomics on the US economy.

ObamaNomics is built on the assumption that politicians are better stewards of economic resources than the millions of individuals and business enterprises who created those resources.  The Democrats’ plan is to dramatically increase taxation to fund programs through which government can exert greater control over our lives.

But these data show that the private sector’s ability and willingness to generate wealth for government to seize through taxation is rapidly diminishing.  These data show that Obama’s own actions are are literally killing the goose that lays the golden eggs he needs to fund his agenda.

It’s really not all that surprising; take more money from the productive part of society and it has less capital left over to pay employees, invest for the future, and, yes, pay taxes.

Read the whole thing…

Do Over

This political cartoon is making the rounds in the hours before the State of the Union:

While I’m sure many agree with the sentiment intended by the cartoonist, this would be a huge mistake.

The English-speaking world reads from left to right.

So looking at the teleprompter glass from the President’s perspective, we’d see a constant reminder to

Over Do.
Over Do.
Over Do.

The failures of this administration lie chiefly in the reality it is trying to do far more than is Constitutional, and far more than the aggregate electorate is comfortable with. We don’t want a government to Over Do anything. If anything, do less.

Moral Hazards

Much of the furor over the housing/lending/banking/bailout “crises” was a lack of general understanding about what was to blame. Politicians seized the moment of confusion, and set about their predictable path of demagoguery and power acquisition, “for our own good.”

I’m glad to see others (like the Center for Freedom and Prosperity Foundation) are using simple language to explain what used to be common sense.