Tag Archives: Unemployment

Should government spend so much money to push people into higher education?

Both fiscal conservatives and social conservatives agree: government spending on higher education should be cut.

Fiscal conservatives oppose government spending on higher education

Consider this podcast from the libertarian Cato Institute.

Here is the MP3 file. (7 minutes)

It’s an interview with Dr. Neal MCluskey.

Topics:

  • does higher education necessarily deliver skills that employers want?
  • do most degrees really benefit employers?
  • should government subsidize higher education?

About the guest:

Neal McCluskey is the associate director of Cato’s Center for Educational Freedom. Prior to arriving at Cato, McCluskey served in the U.S. Army, taught high school English, and was a freelance reporter covering municipal government and education in suburban New Jersey. More recently, he was a policy analyst at the Center for Education Reform. McCluskey is the author of the book Feds in the Classroom: How Big Government Corrupts, Cripples, and Compromises American Education, and his writings have appeared in such publications as the Wall Street Journal, Baltimore Sun, and Forbes. In addition to his written work, McCluskey has appeared on C-SPAN, CNN, the Fox News Channel, and numerous radio programs. McCluskey holds a master’s degree in political science from Rutgers University.

I think people should face the costs of the university education themselves. Then they would choose areas where they could make enough money to live and pay back their loans.

Social conservatives oppose government spending on higher education

My wonderful friend Andrew sent me this notice about an upcoming Family Research Council lecture.

Allan Carlson to Speak on Student Loans at Family Research Council

World Congress of Families founder and International Secretary Allan C. Carlson will deliver a Witherspoon Lecture at the Family Research Council on December 4 at 11:00 am, on “The Crushing Burden of Student Loans on Family Formation For Generation X.”

Studies have shown that significant numbers of graduates who are burdened with college loans are less likely to marry and have children – with negative consequences for society. Thus, there is a need to re-think the entire program.

[…]Allan Carlson has a Ph.D. in Modern European History. He is the author of many books, including “Conjugal America: On the Public Purposes of Marriage” and “The Natural Family: A Manifesto,” with Paul Mero. Click here to order his books.

Click here to download the flier.

Isn’t it amazing that fiscal conservatives agree with social conservatives? Actually, they should agree on many more things, in my opinion. It’s a bad idea for government to redistribute taxpayer money to schools, because the teacher unions just turn around and use it to influence politics, which cannot be good for giving children a quality education. Teacher unions are bad for fiscal and social conservatives – we really need to unite and make sure that they are de-funded, and de-fanged.

A funny story about libertarians

And I have to tell you a funny story. One of the quirky things about me that everyone knows is that I am able to get into the most deep and controversial conversations within a few seconds of meeting someone. For example, in the time it takes to get a blood test, I was talking to the nurse about lethal injections, capital punishment and different goals of the criminal justice system. Well, I managed to beat my score on Monday.

I was passing by a security guard to show him my badge and I noticed a book on his desk. As soon as he turned his back I leaned over the desk and read the back cover. It was a book by Lew Rockwell. So I asked him about it, and then we started talking about how libertarians ought to support social conservatism in order to keep government from having to deal with the fallout from broken homes and crime. I was just about to start talking about John Lott’s study on the link between abortion and increased crime, but there was a line-up by then, so I moved along.

So that’s what my life is like – the joy of a comprehensive Christian worldview means that you are never at a loss for something interesting to talk about. And there is a lot of reading people – knowing who you can talk to and when you’ve gone too far. Practice, practice, practice.

Hilarious Saturday Night Live sketch attacks Obama’s government spending

Here’s the video: (H/T Neil Simpson)

If the video is removed, try watching it here.

And here’s the transcript:

ANNOUNCER: We will now take you live to Beijing for the joint press conference already underway between U.S. President Obama and Chinese President Hu Jintao.

OBAMA: As I already said privately, I would like to thank President Jintao for his kind welcome and generous hospitality, and I hope that during this visit we can have a productive dialogue about the serious issues of concern that remain between our two countries — issues ranging from the unfair valuation of your currency to the trade imbalance, and most importantly, human rights. I believe there can be a great partnership between us but it will require compromise and understanding.

(Hu Jintao “speaks.”)

INTERPRETER: Thank you, Mr. President. I would like to add that I completely understand why you feel entitled to come here and lecture China on our shortcomings. After all, my country does owe the United States a great deal of money. Oh, wait. Hold on a moment. I believe I had that backwards. In fact, now that I think about it, it is your country that owes us a large sum of money. Is this correct?

OBAMA: Uh… yes.

(Hu Jintao “speaks.”)

INTERPRETER: Now, it’s coming back to me. I believe it’s $800 billion.

OBAMA: That is correct.

(Hu Jintao “speaks.”)

INTERPRETER: Such a large sum.

OBAMA: Yes, it is.

(Hu Jintao “speaks.”)

INTERPRETER: And yet you haven’t even mentioned it. That’s so odd.

OBAMA: Uh, look, you’re going to get your money.

(Hu Jintao “speaks.”)

INTERPRETER: Are we? Are we going to get our money? Because from what I read your country is in the middle of a serious recession.

OBAMA: Uh, while this is true, there are signs that our bailout has steadied the financial markets and our stimulus package has been effective in fixing the job crisis.

(Hu Jintao “speaks.”)

INTERPRETER: I’m curious. How many jobs has it created?

OBAMA: Uh, so far, none.

(Hu Jintao “speaks.”)

INTERPRETER: I see.

OBAMA: But our health care reform plan, we’re confident, is going to lead to enormous savings.

(Hu Jintao “speaks.”)

INTERPRETER: How exactly is extending health care coverage to 30 million people going to save you money?

OBAMA: I… don’t know.

(Hu Jintao “speaks.”)

INTERPRETER: And this “Cash for Clunkers” program– I have read that you purchased many clunkers with our money.

OBAMA: Yes, we have.

(Hu Jintao “speaks.”)

INTERPRETER: What does this word “clunkers” mean?

(Hu Jintao “speaks.”)

OBAMA: Well, a clunker is a car…

(Hu Jintao “speaks.”)

INTERPRETER: I know what a clunker is. And just so there is no misunderstanding, you are not allowed to pay us back in clunkers.

OBAMA:Of course not.

(Hu Jintao “speaks.”)

INTERPRETER: You know, as I listen to you, I am noticing that each of your plans to save money involves spending even more money. This does not inspire confidence.

OBAMA: I assure you, you’re going to get your money.

(Hu Jintao “speaks.”)

INTERPRETER: Will you kiss me?

OBAMA: Sorry?

(Hu Jintao “speaks.”)

INTERPRETER: Will you kiss me?

OBAMA: I don’t understand.

(Hu Jintao “speaks.”)

INTERPRETER: I like to be kissed, (shouts) when someone is doing sex to me!

OBAMA: There’s no need for that.

(Hu Jintao “speaks.”)

INTERPRETER: No? You know how many uninsured we have in China? One and a quarter billion, billion. But I’ll tell you this: We don’t owe anyone $800 billion.

OBAMA: Well, obviously, we take our debt to you very seriously.

(Hu Jintao “speaks.”)

INTERPRETER: I suppose if I really wanted to get my money I could call and say I was a Wall Street banker who needs his bonus. But really, why should I have to stoop to that level?

OBAMA: You don’t have to stoop to any level.

(Hu Jintao “speaks.”)

INTERPRETER: Please understand if it were my $800 billion I wouldn’t care, but it belongs to my country. I feel like I should bring it up.

OBAMA: You’re going to get your money.

(Hu Jintao “speaks.”)

INTERPRETER: Say, while you’re here, are you at least going to treat me to dinner and a movie?

OBAMA: I’m sorry?

(Hu Jintao “speaks.”)

INTERPRETER: I think it’s the polite thing to do, (shouts) before doing sex to me!

OBAMA: Mr. President, please.

(Hu Jintao “speaks.”)

INTERPRETER: Very well.

OBAMA: I assure you that as soon we solve this economic crisis…

(Hu Jintao “speaks.”)

INTERPRETER: Which one? The one that your country’s reckless real estate speculation caused? That one? I just want to make sure I know which one we’re talking about.

OBAMA: We are taking steps to make sure that what happened will never happen again.

(Hu Jintao “speaks.”)

INTERPRETER: What steps?

OBAMA: Uh, reform of banking regulations.

(Hu Jintao “speaks.”)

INTERPRETER: Do I look like Mrs. Obama?

OBAMA: What?

(Hu Jintao “speaks.”)

INTERPRETER: Do I look like Mrs. Obama?

OBAMA: Of course not.

(Hu Jintao “speaks.”)

INTERPRETER: Then why are you trying to (shouts) do sex to me like I was Mrs. Obama?

OBAMA: Now, now.

(Hu Jintao “speaks.”)

INTERPRETER: Just do it. Get it over with.

OBAMA: Mr. President!

(Hu Jintao “speaks.”)

INTERPRETER: Don’t be a tease.

OBAMA: I just…

(Hu Jintao “speaks.”)

INTERPRETER: I can take it.

OBAMA: This is not the time or place.

(Hu Jintao “speaks.”)

INTERPRETER: Very well. In that case, I call this press conference to a close, and Live from New York, it’s Saturday Night!

Ten ways that Obama stimulated the economy with government spending

Marathon Pundit has the top 10 ways that Obama and the Democrats stimulated the economy with government spending.

Number 6 is my favorite:

6.    $6 MILLION FOR A SNOWMAKING FACILITY IN THE 15th SNOWIEST CITY IN THE COUNTRY:
A $6 Million Snowmaking Facility In Duluth, Minn.”
(“The Challenge In Counting Stimulus Returns,” The Wall Street Journal, 10/27/09)
(Top 101 Cities With The Highest Average Snowfall In A Year (Population 50,000+))

Number 9 is also hilarious:

9. $3.4 MILLION FOR A TURTLE TUNNEL IN FLORIDA: A $3.4 Million ‘Ecopassage’ To Help Turtles Cross A Highway In Tallahassee, Fla.”
(“The Challenge In Counting Stimulus Returns,” The Wall Street Journal, 10/27/09)

Click here for the rest. They all have references – these are not made-up.

If you want to understand why government spending caused our unemployment rate to rise to 10.2% and higher, then check out this post in which I talk about two Harvard University economists who lay it out in plain English, and contrasts George W. Bush and Barack H. Obama on job creation. Hint: Obama is not winning, and he’s not winning on deficits, either.