Category Archives: Business

Obama Incompetence

It’s not a new theme, but it is a new source: Joe Klein:

Yes, the President has faced a terrible economic crisis—and he has done well to limit the damage. He has also succeeded in avoiding disasters overseas. But, as a Democrat—as someone who believes in activist government—he has a vested interest in seeing that federal programs actually work efficiently. I don’t see much evidence that this is anywhere near the top of his priorities.

He only just figured that out? A little slow on the uptake, I guess.

SLS Delenda Est

Kill it to save human spaceflight:

Simply put, the SLS program should be canceled now to free up approximately $10 billion programmed for this decade. This money could then be redirected to continue the planned flight tests of the Orion spacecraft with the much lower-cost Falcon Heavy booster while making a robust investment in a first-generation space station in the vicinity of the Moon. An investment in such a cislunar station would provide—by the early 2020s—a multifunctional platform to act as a fuel depot, a workstation for robotic operations on the Moon and a habitat to protect against the more intense radiation environment outside of the Earth’s magnetic field. This station could even be used as a habitat during longer-duration human missions to an asteroid and eventually to Mars.

Expect to see a lot more editorials like this as time goes on, new systems appear, and budgets get tighter.

Attack On The Killer Tomatoes

Some thoughts on the war on Monsanto:

Monsanto is just too perfect an issue for a certain class of urbane lefty already inclined to food snobbery and to activism. It harmonizes with his inherent mistrust of corporations, confirms him in the superiority of his lifestyle choices, and accords with the deep strain of Rousseauian anti-modernism that runs through him. Never mind that a world without GMOs would be a hungrier world, a world in which the poor would have to pay something closer to the prices he happily bears for the peace of mind that comes from the politically correct consumption of roughage. As for the rest, well, let them eat cake. Locally sourced, sustainably produced, certified organic cake.

I did note on someone’s FB page the other day that the GMO hysteria is the modern version of “Let them eat cake.” I don’t want to hear one more word about the “Republican” “war on science.” These nutjobs probably think that Norman Borlaug committed crimes against humanity.

Don’t Get Fooled Again On Immigration

“The bottom line: Most Americans would support an immigration reform plan, but only if border security comes first. And by “first” they mean before the legalization of currently illegal immigrants and before the creation of a path to citizenship. Would they be more flexible if they truly believed the federal government’s promise to secure the border? Perhaps — but they don’t believe.”

They’d be fools to. We know that the Democrats have absolutely no intention of closing the border. It’s the same kind of bait and switch that they pull with tax-rate increases and spending cuts. we get the higher rates, buy we never see the cuts.

California Dreaming

Ah, the utopian fantasies of the loony left:

Fittingly, the same day Egan’s hymn was published, the California State Auditor reported the state’s net worth – its assets minus its liabilities – at negative $127.2 billion. Also reported were $167.9 billion in long-term obligations, not including $60 billion in unfunded liabilities for retiree health care, or those for state employees’ future pensions. These are not just “bills.” These are benefits for public employees and services for the poor that won’t be delivered as promised.

California’s public school system, both one of the most expensive and one of the poorest performing in the country, is not improving. The state’s prison system is both so overcrowded and underfunded that the US Supreme Court deemed conditions “cruel and unusual punishment.” And despite 9.8 percent unemployment (tied for highest in the country), tax, regulatory, and zoning policies make blue-collar job creation in manufacturing and real estate development next to impossible.

But other than that, things are great.

Egan and other turquoise dreamers seem to look at tenured teachers, happy prison guards, and fleeced one-percenters and believe conditions are promising enough to move on to romantic dreams of the future. Over the heads of undereducated kids, the chronically unemployed, and the poor, they see a high-speed train zooming along the sparkling coast. This is not how progressives used to think.

What constitutes actual “progress” is, of course, subjective.

California

If you’re unhappy about the way things are going in the no-longer-Golden State, you’re obviously a racist.

[Update a while later]

And if you support gun-control laws, you’re a racist.

Really.

I’m going to just start saying that, completely unironically, because it certainly is objectively so in its impact. When someone argues for gun control, say that that’s a racist position, and explain why. They do it to us, with a lot less basis.

Same thing applies to wage controls, and immigration amnesty, all things that are highest on the president’s agenda. They all have disparate impact on blacks.

The Economist’s Climate Alarmism

Thoughts on their backing off:

…in January, they gave up on the global climate treaty approach, and are now acknowledging the many nuances inherent to climate modeling. This is a sign that the global intellectual and political establishment is gradually distancing itself from the climate radicals and taking a more thoughtful and balanced approach. We also hope it’s a sign that they’re beginning to realize a more fundamental truth about the politics of climate change: that green hysteria and doom-mongering are leading causes of climate skepticism.

I’ve always been appropriately skeptical about the modeling:

I guess I am a denier. Here’s what I deny.

I deny that science is a compendium of knowledge to be ladled out to school children like government-approved pablum (and particularly malnutritious pablum), rather than a systematic method of attaining such knowledge.

I deny that skepticism about anthropogenic climate change is epistemologically equivalent to skepticism about evolution, and I resent the implications that if one is skeptical about the former, one must be similarly skeptical about the latter, and “anti-science.”

As someone who has done complex modeling and computer coding myself, I deny that we understand the complex and chaotic interactions of the atmosphere, oceans and solar and other inputs sufficiently to model them with any confidence into the future, and I deny that it is unreasonable and unscientific to think that those who believe they do have such understanding suffer from hubris. To paraphrase Carl Sagan, extraordinary policy prescriptions require extraordinary evidence.

The world seems to be catching up to me.