Several items today, dealing with different subjects, have a
commonality. They all illustrate that logic always outweighs misguided
theorizing, unfounded political rhetoric and unbridled pandering to
uneducated or easily swayable party constituents.
To begin, in one of her
first major decisions new British Prime Minister, Theresa May, sounding
much like Margaret Thatcher, on Thursday closed the U.K. Department of
Energy and Climate Change.
According to the the BBC, the
department will be folded into the Department of Business, Energy and
Industrial Strategy. Which means that, although the subject will still
be studied and serious issues will continue to be considered, the huge
negative affect of the still unproven theorizing can no longer strangle
Britain’s economic growth as it has for the past couple of decades.
And then, in an article written perhaps too soon after a major tragedy, the author still makes an undeniably valid point.
Yesterday Chad Pergram @FoxNews.com,
headlined his piece: “Democrats still fixed on more gun laws but cannot
escape changing reality that terror now includes panel trucks “
Mr.
Pergram goes on: “From now on, crowds will think of the Renault when
they attend the political conventions in Cleveland and Philadelphia.
They’ll remember the white truck when they attend a ballgame, an outdoor
festival or anywhere a vehicle like that could plow through a throng.
“In
today’s terror world, it doesn’t so much matter who’s driving the
truck. It’s just that trucks -- like airplanes -- morphed into malignant
objects.”
Thus, Mr. Pergram underlines a reality that, for some
strange reason, Democrats don’t seem to be able to comprehend. Because,
when it comes to terrorism, or many other types of violence, the weapons
employed aren’t the problem and never were. What needs curtailing are
the perpetrators themselves, not the mode chosen to enact their deeds.
And
then, along similar lines of the damage caused by politicizing formerly
free aspects of the nation’s functionality, Nick Timiraos @wsj.com,
writes about: “The White House cut its forecasts for economic growth and
interest rates.”
New estimates were published Friday in the
White House budget office’s “Mid-Session Review,” which updates the
economic and fiscal projections made in the president’s February budget
presentation to Congress.
“The White House now forecasts that
gross domestic product will rise 1.9% this year and 2.5% in 2017, down
from estimates of 2.6% for both years in its February forecast. It
reduced long-run growth forecasts, for years after 2018, to 2.2% from
2.3%.”
The results show the continuing drain resulting from the
anti-business, anti-growth philosophy of the administration from its
inception, as follows:.
“Gross domestic product grew at a
seasonally adjusted annual rate of 1.1% in the first quarter, the
weakest pace in a year, due largely a slowdown in business investment.
The deficit is expected to rise to 3.3% of GDP this year, from 2.5% last
year, a projection that was unchanged in Friday’s report. The increase
largely reflects policy changes resulting from last fall’s bipartisan
budget and tax agreements.”
And finally, another example arose of
Democrats obvious inability to understand how capitalism works, along
with a failure to grasp the concept that rising economic tides raise all
boats. Because, hidden in the weeds of the report is the fact that:
“The White House said that tax receipts so far this year are $59 billion
below its February forecast, a decline of 1.8%, due primarily to
technical revisions. It said spending would be around 1.9% lower than
estimated earlier this year.”
So, while calling the shortfall
“technical revisions’” the situation remains the same. Due to their own
societal posture, another $59 billion is now not available to
support whatever issues they themselves would have applied them to. And
if that kind of economically suicidal logic isn’t totally moronic, it’s
doubtful one could describe what is.
Which brings us to today’s update on Bill Clinton’s wife.
In
terms of language strata there is hypocrisy, gross hypocrisy and then a
category all its own, which would apply specifically to the Clinton's.
In that regard, Fredreka Schouten @usatoday.com, writes today, “Democrat Hillary Clinton will call for a constitutional amendment to overturn the Supreme Court’s Citizens United decision in her first 30 days as president, her campaign said.
“Clinton
first made the pledge to overturn the decision in 2015 during the
opening week of her presidential campaign. The 2010 high court ruling,
which allowed unlimited corporate and union spending in elections, has
helped release a flood of political money in federal, state and local
contests.
“In a statement, campaign officials called overturning
the controversial decision a key part of Clinton’s plan to “challenge
the stranglehold that wealthy interests have over our political system.”
So, here we have a political candidate that’s been extorting
money to the extent that a “Foundation” had to be organized to handle
the proceeds received from any and all desiring favoritism.
And
then there were the speeches, meeting attendances and books published,
as avenues to more proceeds from presidential favoritism in the past and
promises of future delivery, after the next election’s won.
Yet,
in spite of all that’s been skimmed for personal and political purposes
from “wealthy interests” throughout her career, Bill’s wife now wants
to ensure that no future candidate can follow her, and her family’s
example. Which, naturally, would be enacted after her election, and not before.
The only question remaining, then, is to wonder who on
the planet would read about this colossal double standard and be dumb
enough to think for an iota of a second that any Clinton cares a whit
about what “wealthy interests” care to strangle, or truly wish to stop
them.
Bringing up the ongoing question again: Joe Biden, Jerry
Brown, and Starbucks chairman and CEO, Howard Schultz; are you guys
reading this?
That’s it for today folks.
Adios
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