Mitchell Porter
#2021329, posted on May 5, 2016 at 10:37 pm (Edit)
I want to show some respect to Steve Kates for outsmarting basically the entire Australian commentariat and seeing that Trump’s candidacy made sense. It naturally makes me wonder what else he is right about – maybe Say’s Law? 🙂
Most businesspeople don’t have the ability to convert their understanding of the corporate world into a coherent set of policies that will work across the economy and particularly on the supply side. They know what might work for them, but not necessarily across the board. I hadn’t even known Trump had even begun to develop a coherent approach to economic recovery, and it certainly does look to me as if he has had some very clued-in assistance in putting it together. It is in part outlined here: Beyond All the Bluster Trump’s Economic Plan Focuses on Growth, Jobs. This is the sort of thing that will work:
Meanwhile Hillary:
Compare Donald Trump’s blueprint with Secretary Clinton’s nightmare scenario: Higher taxes, more tax complexity, and an avalanche of new regulations. Over-regulation has depressed growth for the last fifteen years. The Obama administration suffocated business with 81,000 pages of new regulations in 2015 alone. Hillary Clinton is pushing for even more – with controls on hiring, pay, bonuses and overtime to promote “fairer growth.” Translation: gender and racial preferences, plus meddling in how much you get paid.
Remember President Obama’s statement, “You didn’t build that.” Well, Mrs. Clinton assumes “you don’t own that.” Government will run your business. Mrs. Clinton wants companies to stop maximizing quarterly earnings for shareholders – what she derides as “quarterly capitalism.” She wants “farsighted investments,” as defined by government, of course. Companies that can get out of the U.S. will rush for the exits. She’s even promising an end to “the boom and bust cycles on Wall Street.” As plausible as ending rainy days.
Infantile versions of fairness seldom mix well with sound economic policy. Trump has nevertheless put together a package that will work, although the cuts to spending and the scaling back of programs will also at some stage have to be included as well. But what we find above is very good, and about time.
And for what it’s worth, the article was written by Elizabeth “Betsy” McCaughey, who was Lieutenant Governor of New York from 1995 to 1998, during the first term of Governor George Pataki.
FURTHER REPORTS: It’s Reuters reporting on what CNBC is reporting, which is remarkable in itself: Trump wants to help U.S. businesses by lifting slew of regulations: CNBC.
U.S. Republican presidential candidate Donald Trump said on Thursday that if elected he would scrap a slew of federal regulations that he said are even more of a burden on American business owners than high taxes, and would try to refinance longer-term U.S. debt.
Not much detail in the story but you may be sure these are the kinds of things he means to do and will know which regulations ought to go.
The relentlessly anti-Trump media “analysis”, even here in Australia with virtually no one voting in the US election. The Murdoch Press is anti-Trump to the furthest extent it can go, and this is the supposed right-side of the media. The free, independent writers at The Australian will do what they are told, and what they will be told is that they are to do all they can to ensure Hillary becomes president. Today’s screed is by Caroline Overington, the Associate Editor in Sydney, who has written the first of what will no doubt be many similarly hysterical pieces by many others of their hysterical columnists. Her column is titled, US Election 2016: Donald Trump is rising on a wave of anger. It’s not very good, but at least she tried.
As absurd as that idea once seemed, Donald Trump is the last man standing, and therefore — bar the most extraordinary revolt — he’s the Republican candidate for president.
They have only themselves to blame, of course. The Republicans, I mean. They’ve had eight years to get their gear together, and this is what they’ve come up with.
A guy who got rich by putting up buildings shaped like special-edition Zippo lighters.
Such depth! Such analysis! You can feel the lifetime of study that has gone into this. And etc etc etc ad nauseam. Here, however, are the 16 top comments – I went all the way down to Number 16 because I liked it so much. And I left out not a single one. Quite a different perspective.
1) Overington’s insulting remarks and Greg Sheridan’s equally condescending piece today in some measure explain why Americans are lining up in droves to vote for Trump. Paid political commentators and their taxpayer-supported informants in Congress and the bureaucracy make up the establishment elites that detest the people who put them in office, pay their inflated salaries and keep journalists in jobs.
The members of this arrogant class believe they have a monopoly of knowledge to which their inferiors in the world of business, commerce and the professions, cannot hope to aspire, hence the spurious claim that Trump voters are uneducated and ignorant. It is anathema to them that ordinary people have the audacity to reject the candidate chosen for them by their superiors and vote instead for someone outside that narrow and insular elite group.
2)I cant wait for Trump to win, and then proceed to actually make a positive difference. Methinks journalist are frightened stiff he will succeed and make them irrelevant in policy direction and outcomes. If there is one grain of uniformity among journalists its that they think they know better and are better than the average joe/jill citizen. Time to kick the media to the curb
3) Bring it on. I have no idea what sort of a president he will make but I REALLY want to see the leftist backlash when he gets in. It’ll be the most entertaining thing we’ve seen in years!
4) The elites are desperate now. Overington is an intellectual wet lettuce.
5) It is articles like this that ensure Trump will be President. The media sneer and belittle him yet at the same time reveal what is actually wrong with society…that is the Media think only their opinion count and the voters are too stupid. By the way, Obama sure didn’t go to War – but he has stood by and allowed millions to die in Syria and create the worst humanitarian crisis since World War 2 – and yet you think this makes him great!!! Oh the humanity.
6) Oh, the lefties are getting so scared. Including the writer of this blog! The anxiety of the ABC interviewers is palpable, one could taste it. Go for it Donald . Stick it up the PC self-righteous bike riding, tofu sucking, sandal wearing idiots!
7) The more the chatterers complain, the more I like Trump. Anything is preferable to more of the same.
8) Not only hopelessly jaundiced as a piece of political journalism, is it possible that the chatterati have not yet realised it is quite precisely articles like these that have been fuelling the Trump phenomena? Are they seriously so clueless?
9) How does a piece like this end up in a quality paper like The Australian?
10) The writer is obviously looking for a job with the ABC and will produce this article in the job application.
11) If Socialists like you hate Trump he would have my vote.If only we had him here.
12) Keep up the sneering, the condescension and the mockery, Caroline. It only makes him stronger, and his supporters more resolute.
13) “Who ran because he thought it might be a good advertisement for his new casino.” Shallow and untrue. Trump set out to make a full, frontal attack on the political elites, both sides, and he’s succeeded. He also awakened the nation. The man, if elected a president, will morph into a statesman like person. He’s too intelligent and competent to not know that.
Remember, too, that when Ben Carsons endorsed him and was asked about all the ugly things he’d said about Trump, Carsons replied, “Oh, that’s just politics,” or words to that effect. Apply the same thinking to Trump’s outbursts.
14) You journalists just cannot stand it that people do not think as you tell them to.
15) “Obama (who, for the record, has endured not one scandal involving his marriage or his kids, nor embarked upon a single unnecessary war.)” that’s right, he just did NOTHING.
16) We should build a hall of journalism, wallpapered with all the articles saying Trump can’t win, leading to a feature about the election of the 45th President of the USA. It will be a tourist attraction, and a reminder to future generations that the job of journalists is to report the news, not make it up.
If this keeps up, The Australia will either have to stop allowing comments or find some other way to rebalance the opinion in a more correct direction.
The story is not about the incredible use of our taxpayer funds enforced apparently by the Federal Court, but about the fact that this Beau Abela chap seems to have become a car thief.
He’s the boy who sued Victoria and won, because he left school unable to read.
But, despite a secret private payout and a free car, Beau Abela has turned to a life of crime, complaining he can’t get work.
Abela, now 22, sued the Education Department for $300,000 in 2007 for failing to teach him properly. He said he couldn’t get an apprenticeship because he lacked life skills such as using a bus timetable, reading a menu or counting money.
After eight years of litigation Abela last year reached a near million-dollar private settlement with the government. . . .
Signing off on the agreement, Federal Court judge Anthony North said Abela’s story was unfortunate.
‘The unfortunate situation of Beau, a citizen of Victoria, with very considerable learning difficulties, is something that should be addressed by a sympathetic State,’ he said.
‘He has had a very unfortunate education experience and is in a position where he needs assistance to develop whatever capacities he has.’
It is, of course, excellent that the Federal Court is filled with such compassionate and far-seeing judges who are able to bring a million dollar’s worth of justice to someone without the life skills to read a bus map but who is, nevertheless, still capable of stealing cars.
Let me therefore tell you what a conservative is: someone who wishes to preserve the best things from our past even while accepting the necessity of change. Going further, it is to learn from our own past about how to negotiate the future.
The question for the day is whether the following is or is not a “conservative” policy: ‘They’re destroying Europe – I’m not going to let that happen to the United States’ Trump doubles down on non-citizen Muslim ban.
On the Muslim ban, which is likely Trump’s most controversial position, he’s not budging.
‘I don’t care if it hurts me,’ he told hosts Joe Scarborough and Mika Brzezinski. ‘I’m doing the right thing.’
‘I’ve been guided by common sense, by what’s right,’ he continued.
‘We have to be careful. We’re allowing thousands of people to come into our country,’ he said. ‘Thousands and thousands of people being placed all over the country that, frankly, nobody knows who they are.’
‘We don’t know what we’re doing,’ he added.
He may be wrong about what he’s doing, but the policy is the very essence of conservative.
From An Inconvenient Review: After 10 Years Al Gore’s Film Is Still Alarmingly Inaccurate of which there is more along the same lines as this:
One of the first glaring claims Gore makes is about Mount Kilimanjaro in Africa. He claims Africa’s tallest peak will be snow-free “within the decade.” Gore shows slides of Kilimanjaro’s peak in the 1970s versus today to conclude the snow is disappearing.
Well, it’s been a decade and, yes, there’s still snow on Kilimanjaro year-round. It doesn’t take a scientist to figure this out. One can just look at recent photos posted on the travel website TripAdvisor.com.
In 2014, ecologists actually monitoring Kilimanjaro’s snowpack found it was not even close to being gone. It may have shrunk a little, but ecologists were confident it would be around for the foreseeable future.
“There are ongoing several studies, but preliminary findings show that the ice is nowhere near melting,” Imani Kikoti, an ecologist at Mount Kilimanjaro National Park, told eturbonews.com.
“Much as we agree that the snow has declined over centuries, but we are comfortable that its total melt will not happen in the near future,” he said.
And even then when the film came out I recall being told that the snow levels had been affected by the felling of trees at the base of the mountain. Al Gore is himself the very embodiment of why the scam keeps going. Whatever may be the truth, what is undeniable is that he has made an absolute fortune from it.
Gore’s been harping on global warming since at least the late 1980s, but it wasn’t until 2006 he discovered a way to become massively wealthy off making movies about it and investing in government-subsidized green energy.
As for the rest of us, Denmark Slashes Wind Power Subsidies to Curb Runaway Power Costs. Australia, much of which is built on a foundation made of coal, has energy prices at near enough the same level. For a bit more, you can go here.
An interesting article by Stephen MacLean on Government Greed Axes the Golden Goose that got me thinking. The way you hear governments tell the story, there is a much larger amount of tax these corporates should pay than they actually do pay, which coincides with some fictitious number related to the amount of money they wish they could cream off for themselves.
But looked at another way, it may well be that the most socially beneficial outcome is for corporates to pay as little tax as possible so that their earnings can be ploughed back into their firms. The role of business is not as a means through which governments can raise money, but as a mechanism through which material welfare is provided to a community. The higher are the business taxes paid, the worse off the community ends up. As MacLean writes:
Middle-class Americans would be among those most hurt by Washington’s tax grab, as it is corporate revenue that funds capital accumulation, innovation, and economic growth. Tax away profit, and you tax away employment opportunities.
Thus, the most socially responsible approach to taxation by corporates may be to avoid paying taxes to the largest extent they are legally able. They are doing these governments a favour, but, as with so much, political greed far exceeds common sense.
Now it’s Niall Ferguson: The resurfacing of anti-Semitism in Britain. I fear that if they think others can be reasoned out of their hatred of Jews, they have no sense of the history of anti-Semitism. For some, it comes with their mother’s milk. This is what Ferguson has to say.
Bashing Israel appears to be an effective way of mobilizing Muslim voters, who account for roughly half the electorate in Bradford West. Nor is Bradford the only place in Britain where this goes on.
When you put it that way, what become clear is that this is a problem that will only get worse and for which no solution comes to anyone’s mind. The attitude to Christians is, of course, no better with the only difference of significance being there are more Christians than Jews in the UK so they cannot be as blatant about what they really think.
‘This one is over, folks’: Donald Trump delivers ‘crushing blow’ with huge Indiana victory. Wherein we find:
W/ all 57 delegates, Trump would get to 1,055 – 182 from nomination. Path:
WV: +25
OR: +12
WA: +22
NJ: +51
NM: +12=just needs 60 from CA
Meanwhile, on the Democrat side, 100% of the vote went to socialists.
WITH THIS FURTHER NEWS: CRUZ WITHDRAWS
This cannot go on forever since the burdens are becoming intolerable. From Every Industry Gets Worse When Government Gets Involved. And it is now everywhere, in every aspect of life.
Law of Markets 