Wednesday, May 11, 2011
MAYBE THIS GREEN ENERGY THINGY isn’t so great after all. It’s a lesson the environmentalists are just beginning to learn - you can never do just one thing.
JEFF JACOBY on raising the national debt ceiling: "[R]eaching the federal debt limit will not plunge the federal government into default. 'Hitting the ceiling means that we can spend only what we collect in taxes,' wrote former Assistant Treasury Secretary Emil Henry in The Wall Street Journal..... Federal tax revenue for 2011 is expected to be $2.2 trillion, while net interest on the debt will cost $225 billion. With so much money coming in, the United States will have no trouble paying its creditors."
So tighten the belt. We can live on a mere $2.2 trillion.
So tighten the belt. We can live on a mere $2.2 trillion.
UNCIVIL WAR: States’ Attorneys General Rip Into Union-Controlled NLRB in Letter.
As Attorneys General of our respective states, we call upon you ... to withdraw immediately the complaint ... against Boeing. This complaint represents an assault upon the constitutional right of free speech, and the ability of our states to create jobs and recruit industry. Your ill-conceived retaliatory action seeks to destroy our citizens’ right to work.Unless you work for a union, of course.
I SHOULD BE HAPPY: "the principal function of our national government is to transfer wealth from the young and the middle-aged to the elderly. Such transfers currently account for around $1.159 trillion, nearly one-half trillion more than we spend for national defense, and far more than any other category of the budget."
Read the comments, especially the one by Gregory Czapanskiy.
Read the comments, especially the one by Gregory Czapanskiy.
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