Tag Archives: Democrat Party

Commentary

Harvard economist says stimulus was designed to reward Democrat constituencies

6 Comments

EVERYONE  PLEASE GO VOTE TODAY! (NOVEMBER 2nd, 2010)

Hans Bader at the Competitive Enterprise Institute comments on a new published paper by Harvard economist Jeffrey Miron, which explains why the stimulus failed to stimulate the economy and to create more jobs.

The paper is here. (PDF)

Excerpt:

Harvard economist Jeffrey Miron explains why the $800 billion stimulus package failed in a recent article.

What’s interesting about Dr. Miron’s critique is that he shows how the stimulus was a failure even if you take for granted liberal assumptions about economic policy (such as Keynesian economic theory), since it was so badly designed and executed that it failed to achieve its goals, spending wastefully while failing to revive the economy.  Indeed, the stimulus was so poorly tailored to the economy (and the goal of reducing unemployment) that Miron concludes that it was designed to reward politically connected “constituencies” and special-interest groups, like public-employee unions, rather than being focused on ”economic stimulus.”

Other Harvard economics professors like Robert Barro have also criticized the stimulus package. Barro called it “the worst bill that has been put forward since the 1930s.”  Former Obama economic advisor Martin Feldstein, a Harvard professor who is a big believer in stimulus packages in principle, said that the stimulus designed by Obama and congressional Democrats was “poorly done”

Much stimulus money has been wasted.  It has gone to prisoners and dead people, wasteful welfare spending, abandoned bridges to nowhere, and unnecessary government buildings.  The stimulus subsidized foreign green jobs and wiped out jobs in America’s export sector.

The “’stimulus’ is not the road to economic recovery. It’s the problem, not the solution, writes Nobel Prize winning economist Vernon L. Smith.” Other Nobel Laureates like Gary Becker have also criticized the stimulus package.  200 economists signed a statement publicly opposing the stimulus package in an ad published in the Washington Post and New York Times.

So the stimulus bill was a failure because it was not designed to grow the economy or create jobs.

What was the real purpose of the stimulus bill?

George Mason University professor Veronique de Rugy looked at recovery.org and found that Democrat districts got more stimulus money than Republican districts.

Here’s the first chart:

Stimulus spending by voting district affiliation
Stimulus spending by voting district affiliation

She writes:

…based on my new analysis of the Recovery.org data, Democratic districts are getting 1.8 times more money on average than Republican districts. Using Recovery.gov data, and cleaning it up seriously to be able to use it, we find that Republican districts are getting on average $260.6 million in stimulus awards while democratic districts are getting on average $471.5 million. The average is award per district is $385.9 million.

Interestingly, my data also confirms that the stimulus funds are not allocated based on unemployment rates or even variations in unemployment rates. So basically,  if the administration believes that government spending can create jobs, the allocation of the funds doesn’t show it.

And here’s the second chart showing which government departments got stimulus money.

Stimulus spending by government department
Stimulus spending by government agency

She writes:

Based on the Recovery.gov data, more than two third of the 594,754.3 jobs “created or saved” with the stimulus funds were “created or saved” in the Department of Education (see chart).  Basically, what the administration meant by shovel ready projects was funding for your next door teacher.

[…]A third of all union jobs are in Education

33 percent of the education industry is unionized

The union boss, Andy Stern, was appointed to be on the president’s debt commission.

The stimulus bill was never about stimulating the economy. It was about rewarding Democrat special interest groups. Remember, people who disagree with Obama are his “enemies”. And that means he isn’t there to govern for all the people equally. He’s there to reward his people. With Your Money.

News

CBS News caught on tape conspiring to smear Republican candidate

1 Comment

Big Government reports on CBS News journalists conspiring to smear Alaska Republican Joe Miller. (H/T Lex Communis)

The audio:

The transcript:

FEMALE REPORTER: That’s up to you because you’re the expert, but that’s what I would do…I’d wait until you see who showed up because that indicates we already know something…

[Laughter]

[INAUDIBLE]

FEMALE REPORTER: Child molesters…

MALE REPORTER: Oh yeah… can you repeat Joe Miller’s…uh… list of people, campaign workers, which one’s the molester?

[INAUDIBLE]

FEMALE VOICE: We know that out of all the people that will show up tonight, at least one of them will be a registered sex offender.

[Laughter]

MALE REPORTER: You have to find that one person…

[INAUDIBLE]

FEMALE REPORTER: And the one thing we can do is ….we won’t know….we won’t know but if there is any sort of chaos whatsoever we can put out a twitter/facebook alert: saying what the… ‘Hey Joe Miller punched at rally.’

FEMALE REPORTER: Kinda like Rand Paul…I like that.

[Laughter]

FEMALE REPORTER: That’s a good one.

For many voters who don’t look at specific policies and candidate voting records, there is a tendency to vote based on scandals and sound bites. I personally know people who voted against McCain because they didn’t like Sarah Palin’s voice. My attempts to get them to compare voting records on spending went unheeded.

So media bias is one way that people vote Democrat. Another way is by voter fraud.

First, here are a couple recent examples of voter fraud:

So how does Obama respond to this voting fraud?

Excerpt:

The Justice Department is sending a small pack of election observers to Arizona as Hispanic groups sound the alarm over an anti-illegal immigration group’s mass e-mail seeking to recruit Election Day volunteers to help block illegal immigrants from voting.

Hispanic voting rights groups say the e-mail is just an attempt to intimidate minority voters. But election fraud monitors say that there are hundreds of examples of duplicate registrations, wrong information and past unregistered voters getting ballots.

Voter fraud allegations have emerged just days before the midterm in many crucial battleground states across the country, including Nevada, Pennsylvania and Florida.

The Justice Department announced Friday it would deploy more than 400 federal observers to 30 jurisdictions in 18 states ahead of Tuesday’s election. But Arizona officials say the department had already committed to sending observers to their state.

Justice Department officials had notified Maricopa County that they would send a “handful” of election observers, even before the e-mail was sent, Matthew Benson, a spokesman for Arizona’s secretary of state, told FoxNews.com.

Yes, the same DOJ that dropped charges against Black Panthers for voter intimidation at polls.

And this video of Keith Ellison, the Minnesota Democrat who opposes requiring photo identification for voters. (H/T My Pet Jawa via ECM)

Get out and vote on Tuesday because I suspect that the Democrats get a huge boost from media bias and voter fraud. My guess is that the Democrats gets somewhere around a 2-3% bump on election day from voter fraud, and the media gives them another 5-10% by focusing on irrelevancies instead of rigorous policy analysis. I have no idea how much of a boost they get from using the Department of Justice.

Commentary

Did Obama keep his promise to not raise taxes on the middle class?

Leave a comment

The non-partisan libertarian Cato Institute explains that Obama broke his promise not to raise taxes on the middle class.

Excerpt:

How many times have you heard the president and the congressional Democrats say Americans who make less than $200,000 a year have not had, and will not have, any of their taxes increased? Unfortunately, it is not true, and it is likely to become a whole lot worse.

The 111th Congress has already enacted $352 billion in net tax increases and may, in the upcoming lame-duck session, enact the largest tax increases in history, which will hit every man, woman and child — as well as every business in America. The good folks at Americans for Tax Reform (ATR) have put together the data on what the current Democrat-controlled Congress has done already. I have summarized their analysis in the accompanying table.

Here is table:

Net Change in Taxes
111th Congress
(in billions of dollars)
Legislation
(bill number)		 Gross Tax Cuts Enacted Gross Tax Increases Enacted
H.R. 2 S-Chip 0 65.5
H.R. 1 “Stimulus” 217.6 0
H.R. 3590/4872 “Obamacare” 144.0 652.2
H.R. 5297 “Small Business” 12.0 8.0
Totals 373.0 725.7

He continues:

The tax increase of $725.7 billion dwarfs the tax cuts of $373 billion, leaving a net tax increase of $352 billion. But it gets worse. Just $107.6 billion of the tax cuts are permanent — the rest are temporary — but all of the $725.7 billion increases are permanent.

The S-Chip bill was funded by an additional $65.5 billion in tobacco tax increases. These increases are paid primarily by lower-income people. Obamacare is funded with a variety of individual and employer mandates, excise tax increases and fees, including a tax on “tanning salons,” adding up to $652 billion in tax increases, before deducting $107 billion in “exchange credits” and $37 billion in small-business tax credits. The vast majority of these tax increases fall on middle- and lower-income people. As with all of the revenue estimates prepared by Congress’ Joint Tax Committee, most of the behavioral effects of these tax changes are ignored — e.g., how many tanning-salon customers will now opt for the sun rather than pay the tax?

The president and most congressional Democrats have been claiming they will make sure no one making less than $200,000 per year will face a tax increase when all of the “Bush tax cuts” expire on midnight Dec. 31. Given they have not been truthful about the tax increases they already have enacted, why should anyone believe these new claims?

Democrats don’t cut taxes, they raise them. Democrats don’t reduce spending, they increase it. Democrats don’t enable businesses to create more jobs, they attack businesses and we get fewer jobs. Those are the facts.