President Barack Obama said Monday that the United States has asked Iran to return a U.S. drone aircraft that Iran claims it recently brought down in Iranian territory.
“We’ve asked for it back. We’ll see how the Iranians respond,” Obama said in a news conference, alongside Iraqi Prime Minister Nouri al-Maliki.
A top Iranian military official previously vowed not to return the unmanned American stealth plane that it says it has.
[…]Former U.S. Vice President Dick Cheney on Monday criticized Obama’s decisions on the drone, but for an entirely different reason. He said that, after the aircraft went down, the president should have ordered an airstrike over Iran.
“The right response to that would have been to go in immediately after it had gone down and destroy it,” the Republican, who served with President George W. Bush, told CNN’s Erin Burnett. “You can do that from the air … and, in effect, make it impossible for them to benefit from having captured that drone.”
Instead, “he asked nicely for them to return it, and they aren’t going to,” Cheney said.
[…]One U.S. official said the United States can’t be certain it’s the real stealth drone, because U.S. personnel don’t have access to it. But he added there’s no reason to think it’s a fake. However, a second senior U.S. military official said that a big question is to how the drone could have remained virtually intact given the high altitude it is believed to have crashed from.
In an interview broadcast live Monday night on Venezuelan state television, Iranian President Mahmoud Ahmadinejad said nothing to suggest his country would grant the U.S. request.
“The Americans have perhaps decided to give us this spy plane,” Ahmadinejad said. “We now have control of this plane.”
Speaking through an interpreter, Ahmadinejad said: “There are people here who have been able to control this spy plane, who can surely analyze this plane’s system also. … In any case, now we have this spy plane.”
He added, “Very soon, they’re going to learn more about the abilities and possibilities of our country.”
On Tuesday, a semi-official Iranian news agency said authorities have shrugged off the U.S. request. Defense Minister Gen. Ahmad Vahidi said the United States should apologize for invading Iranian air space instead of asking for the return of the unmanned aircraft.
Remember when Iran was having their elections and they started shooting people down in the street? Unlike Germany, France and Canada, Obama had nothing to say about that. Ronald Reagan would have had something to say. Margaret Thatcher would have something to say. But Obama had nothing to say. Maybe the Iranians looked at what Obama did and decided that Obama is a paper tiger.
Here’s the full debate on video. Hugh Hewitt is the moderator.
Now I think most people are familiar with Christopher Hitchens and his arguments – he is widely regarded as the top atheist debater in the world, and has written bestselling books on atheism. So below is a little more about the Christian debater William Lane Craig. Craig is regarded as the top defender of Christianity in the world, although many people are unfamiliar with his arguments. Here is a written explanation of the five arguments he uses in the debate with Hitchens, if you want to follow along. This is a good debate for any of you who have never seen a debate on God’s existence before.
William Lane Craig is Research Professor of Philosophy at Talbot School of Theology in La Mirada, California.
Dr. Craig pursued his undergraduate studies at Wheaton College (B.A. 1971) and graduate studies at Trinity Evangelical Divinity School (M.A. 1974; M.A. 1975), the University of Birmingham (England) (Ph.D. 1977), and the University of Munich (Germany) (D.Theol. 1984). From 1980-86 he taught Philosophy of Religion at Trinity… In 1987 they moved to Brussels, Belgium, where Dr. Craig pursued research at the University of Louvain until assuming his position at Talbot in 1994.
He has authored or edited over thirty books, including The Kalam Cosmological Argument; Assessing the New Testament Evidence for the Historicity of the Resurrection of Jesus; Divine Foreknowledge and Human Freedom; Theism, Atheism and Big Bang Cosmology; and God, Time and Eternity, as well as over a hundred articles in professional journals of philosophy and theology, including The Journal of Philosophy, New Testament Studies, Journal for the Study of the New Testament, American Philosophical Quarterly, Philosophical Studies, Philosophy, and British Journal for Philosophy of Science.
Typically, I try to tie the beginning of Wonkbook to the news. But today, the most important sentence isn’t a report on something that just happened, but a fresh look at something that’s been happening for the last three years. In particular, it’s this sentence by the Financial Times’ Ed Luce, who writes, “According to government statistics, if the same number of people were seeking work today as in 2007, the jobless rate would be 11 percent.”
Remember that the unemployment rate is not “how many people don’t have jobs?”, but “how many people don’t have jobs and are actively looking for them?” Let’s say you’ve been looking fruitlessly for five months and realize you’ve exhausted every job listing in your area. Discouraged, you stop looking, at least for the moment. According to the government, you’re no longer unemployed. Congratulations?
Since 2007, the percent of the population that either has a job or is actively looking for one has fallen from 62.7 percent to 58.5 percent. That’s millions of workers leaving the workforce, and it’s not because they’ve become sick or old or infirm. It’s because they can’t find a job, and so they’ve stopped trying. That’s where Luce’s calculation comes from. If 62.7 percent of the country was still counted as in the workforce, unemployment would be 11 percent. In that sense, the real unemployment rate — the apples-to-apples unemployment rate — is probably 11 percent. And the real un- and underemployed rate — the so-called “U6” — is near 20 percent.
There were some celebrations when the unemployment rate dropped last month. But much of that drop was people leaving the labor force. The surprising truth is that when the labor market really recovers, the unemployment rate will actually rise, albeit only temporarily, as discouraged workers start searching for jobs again.
Yeah, because taking money away from private sector job creators costs jobs. That is straight out of Henry Hazlitt’s “Economics in One Lesson”: Public Works Means Taxes.
When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact of the “stimulus,” released on Friday, July 1, provides further evidence that President Obama’s economic “stimulus” did very little, if anything, to stimulate the economy, and a whole lot to stimulate the debt.
The report was written by the White House’s Council of Economic Advisors, a group of three economists who were all handpicked by Obama, and it chronicles the alleged success of the “stimulus” in adding or saving jobs. The council reports that, using “mainstream estimates of economic multipliers for the effects of fiscal stimulus” (which it describes as a “natural way to estimate the effects of” the legislation), the “stimulus” has added or saved just under 2.4 million jobs — whether private or public — at a cost (to date) of $666 billion. That’s a cost to taxpayers of $278,000 per job.
In other words, the government could simply have cut a $100,000 check to everyone whose employment was allegedly made possible by the “stimulus,” and taxpayers would have come out $427 billion ahead.
When the government takes a dollar from a job creator, they take half of it for themselves, and then they often give the other half to some favored group, like a “green energy” company or Planned parenthood or a labor union. Then they who turns around and give half of that handout right back to Obama as a campaign donation. The only way to stop them from doing more of this stimulus is to stop giving them money.
Consider this article by the Cato Institute, which discusses how the Reagan tax cuts affected the unemployment rate.
Excerpt:
In 1980, President Carter and his supporters in the Congress and news media asked, “how can we afford” presidential candidate Ronald Reagan’s proposed tax cuts?
Mr. Reagan’s critics claimed the tax cuts would lead to more inflation and higher interest rates, while Mr. Reagan said tax cuts would lead to more economic growth and higher living standards. What happened? Inflation fell from 12.5 percent in 1980 to 3.9 percent in 1984, interest rates fell, and economic growth went from minus 0.2 percent in 1980 to plus 7.3 percent in 1984, and Mr. Reagan was re-elected in a landslide.
[…]Despite the fact that federal revenues have varied little (as a percentage of GDP) over the last 40 years, there has been an enormous variation in top tax rates. When Ronald Reagan took office, the top individual tax rate was 70 percent and by 1986 it was down to only 28 percent. All Americans received at least a 30 percent tax rate cut; yet federal tax revenues as a percent of GDP were almost unchanged during the Reagan presidency (from 18.9 percent in 1980 to 18.1 percent in 1988).
What did change, however, was the rate of economic growth, which was more than 50 percent higher for the seven years after the Reagan tax cuts compared with the previous seven years. This increase in economic growth, plus some reductions in tax credits and deductions, almost entirely offset the effect of the rate reductions. Rapid economic growth, unlike government spending programs, proved to be the most effective way to reduce unemployment and poverty, and create opportunity for the disadvantaged.
President Bush signed the first wave of tax cuts in 2001, cutting rates and providing tax relief for families by, for example, doubling of the child tax credit to $1,000.
At Congress’ insistence, the tax relief was initially phased in over many years, so the economy continued to lose jobs. In 2003, realizing its error, Congress made the earlier tax relief effective immediately. Congress also lowered tax rates on capital gains and dividends to encourage business investment, which had been lagging.
It was the then that the economy turned around. Within months of enactment, job growth shot up, eventually creating 8.1 million jobs through 2007. Tax revenues also increased after the Bush tax cuts, due to economic growth.
In 2003, capital gains tax rates were reduced. Rather than expand by 36% as the Congressional Budget Office projected before the tax cut, capital gains revenues more than doubled to $103 billion.
The CBO incorrectly calculated that the post-March 2003 tax cuts would lower 2006 revenues by $75 billion. Revenues for 2006 came in $47 billion above the pre-tax cut baseline.
Here’s what else happened after the 2003 tax cuts lowered the rates on income, capital gains and dividend taxes:
GDP grew at an annual rate of just 1.7% in the six quarters before the 2003 tax cuts. In the six quarters following the tax cuts, the growth rate was 4.1%.
The S&P 500 dropped 18% in the six quarters before the 2003 tax cuts but increased by 32% over the next six quarters.
The economy lost 267,000 jobs in the six quarters before the 2003 tax cuts. In the next six quarters, it added 307,000 jobs, followed by 5 million jobs in the next seven quarters.
The timing of the lower tax rates coincides almost exactly with the stark acceleration in the economy. Nor was this experience unique. The famous Clinton economic boom began when Congress passed legislation cutting spending and cutting the capital gains tax rate.
It worked for Reagan and it worked for Bush – they made unemployment go down, while Obama’s public works spending has made unemployment go up. Those are the facts. And we have to live in the world as it is. We may not like it, it may not be intuitive to us, it may not line up with our feelings, but that is the way the world is. When you let people with capital keep more of the money they earn, they hire more people and they try to make more money. When the rich risk their capital, they take the rest of us up with them – either by giving us jobs, or by offering us things that we are free to buy or not. Things like iPods, laptops and kitchen appliances. And the more competition there is among sellers in a free market, the lower the prices go, and the higher the quality gets.
