Champion of Truth
“In general, universities should stop caving to students who are unreasonably upset about minor infractions—but this wasn’t an infraction at all. Campus administrators would be well-advised not to put themselves in the position of being responsible for every hurt feeling, no matter how ill-founded or slight. There’s little benefit to making diversity synonymous with absurdity.”
“In May, the Lone Star State raised the minimum legal age for working in a sexually oriented business from 18 to 21.”
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“Since the new law passed, adult businesses in Texas have laid off “droves” of 18- to 20-year-old workers, according to the Texas Entertainment Association (TEA), an organization that represents the interests of sex-oriented businesses and one of the plaintiffs challenging S.B. 315. Kevin Richardson, a TEA member who owns five adult cabarets, told the court he had to lay off more than 700 people due to the new law.
Evanny Salazar is one of the young adults who lost a job after S.B. 315 reclassified her as a child. Salazar “worked at two adult cabarets in San Antonio, Texas, where she earned about $1,000 a night” and did not witness any human trafficking, U.S. District Judge Robert Pitman noted in a July ruling. “Before she worked as an exotic dancer, Salazar was homeless and lived in her car,” he wrote. “Her job at the adult cabarets allowed Salazar to obtain housing and cover her living expenses. Since losing her job as an exotic dancer, Salazar has become homeless again and works for Door Dash [sic], where she makes about $30 a night.””
“Trump after a tumultuous four years in office actually won more of the national popular vote in 2020 than he did in 2016, 46.9 percent compared to 46.1 percent. But what sealed his fate was the collapse of the independent and third-party vote, from a combined 5.7 percent to 1.8 percent, and the transference of much of that support to the Democratic nominee. Biden improved by 3.1 percentage points over Clinton, with surveys showing that people who in 2016 voted Libertarian or Green or Constitution overwhelmingly preferred the non-Trump Democrat.”
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“Because the two-party system works like a pendulum, with the centralization of executive power and attention making much of politics a referendum on the sitting president, the independent anti-vote is likely to defrock Democrats in the 2022 midterms.
“If Biden is struggling to win independents and Hispanics, that could snuff out any hope Democrats have of holding either chamber of Congress,” Skelley wrote. “After all, independents backed Democrats in the 2018 midterms and Biden last November, and even though Republicans made gains with Hispanics in places like Texas’s Rio Grande Valley, Hispanics still largely backed Biden and helped him win in key swing states, like Arizona. But if Republicans can capitalize on Biden’s weakness among these groups, that could be their ticket back to controlling Congress next year.””
“The federal government sent around $190 billion in aid to public schools across the nation during the COVID-19 pandemic. That is a lot of money by any standards, but in terms of federal spending on primary education, it is a shockingly large amount: as Reason’s Matt Welch explained when surveying the Biden administration’s weak moves toward promoting public school reopening back in February, that’s more than four times as much as the federal government tended to push toward K-12 education a year in pre-COVID times.
Is the money being diligently used for its intended purpose? Of course not. A survey by ProPublica found, when examining some of the “provisional annual reports…by state education agencies” for about $3 billion worth of the aid from March to September of 2020, that “just over half of the $3 billion in aid was categorized as ‘other,’ providing no insight into how the funds were allocated.”
Over the last school year, 15 states constituting around a quarter of the total U.S. population didn’t even manage to achieve 50 percent effective in-person education, the alleged purpose of all that federal COVID money.”
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“”The law places few restrictions on how districts can spend the federal aid, as long as the investments are loosely connected to the effects of the pandemic,” ProPublica explains, while noting that various districts, as reported by the Associated Press, are diverting the cash to athletics. The schools are supposed to spend all the money by 2024. The Associated Press reports that although schools “are required to tell states how they’re spending the money…some schools are using local funding for sports projects and then replacing it with the federal relief—a maneuver that skirts reporting requirements.””
“Despite a mix of coverage in the media, the prevailing message from officials seems to be “don’t panic.” The Federal Reserve predicts this period of rising prices to be “transitory,” and there are signs that price increases are starting to slow. But in the meantime, Americans are worried about inflation, and most blame the Biden administration, according to recent polls. It’s why Biden switched gears this week, going from celebrating the passage of his bipartisan infrastructure bill to addressing inflation concerns.”
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“Seventy-six percent of U.S. adults said gas prices had gone up “a lot,” and 65 percent said food prices had gone up “a lot,” according to an Economist/YouGov poll conducted Nov. 6-9. One in four Americans said they spent more on groceries in October, compared with September, according to a Morning Consult poll conducted Oct. 29 through Nov. 3. And a Scott Rasmussen national survey conducted Oct. 11-13 found that 77 percent of registered voters had “recently experienced sharp increases in the cost of items they would like to buy.””
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“Increased prices can impact voters’ political views of the economy overall because their effects are felt so immediately, contributing to Biden’s negative approval rating. “There is a psychology to inflation that is different from everything else, and it tends to drive how people view the economy because they experience it every day whether it is at the grocery store, gas pump or buying household goods,” John Anzalone, a Democratic pollster, told the Los Angeles Times.
Polling captures how voters are thinking about inflation as a political issue. A plurality of registered voters (40 percent) said the Biden administration’s policies were “very responsible” for the inflation, and a majority (62 percent) said the administration’s policies were at least “somewhat responsible,” according to a Politico/Morning Consult poll conducted Oct. 16-18. In a Harvard/Harris poll conducted Oct. 27-28, 56 percent of registered voters said they weren’t confident in the Biden administration’s ability to keep inflation at bay, and 53 percent said the same about the Federal Reserve’s ability. A majority (56 percent) said that Congress passing a $1.5 to $2 trillion social spending bill (such as the one they’re currently trying to pass) would lead to more inflation.
While the public reaction is out of step with expert forecasts, their fears should not be brushed aside. Some economists theorize that, left unchecked, fears about inflation can make the situation worse by creating a self-fulfilling prophecy in which employees, afraid of rising prices, demand higher wages, the costs of which employers would then cover through raising prices, leading to higher inflation. This is what happened in the 1970s, and it led to nearly double-digit inflation rates. Regardless of how transitory the Fed thinks these price increases will be, Americans are worried right now.”
“Since the beginning of the pandemic, Jordan Stevens has been running Indiana’s only full-time goat yoga operation on her farm in rural Hamilton County. She’s since been forced to stop offering that service by the planning officials who say her property isn’t zoned for goat yoga uses.
Her application for a zoning variance that would have legalized the business, Happy Goat Lucky Yoga, was also denied by the county. The expense of that process plus the added costs and hassle of not being able to run her business on her own property has Stevens, who suffers from multiple sclerosis, considering shutting down her goat yoga business entirely and applying for disability benefits.
“It sucks,” she tells Reason. “They take so much money from people who are already taxpayers and then we can’t even do the things we want to on our own property that aren’t even hurting anyone.””
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“Stevens’ farm and the smaller adjacent property owned by her grandmother, where the yoga classes were actually held, is zoned as an A-2 agricultural district.
In Hamilton County, that allows the property to be used for a number of agribusiness activities, including raising crops and livestock, retail sales of agricultural products, and home occupations. But none of those categories allowed for goat yoga or snuggling, according to Taylor, who said the business would have to obtain a zoning variance if it wanted to continue to operate legally.
His email came attached with a variance application and a suggestion she contact the state departments for Building Inspection and Transportation to get their input on legalizing her business.”
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“That all cost Stevens about $1,000, including a $500 application fee. The lost revenue from two months of not hosting classes cost her another $4,000 she says.
It was all for nought.
At a preliminary hearing, commission staff said that she would need to apply for two variances, one for her grandmother’s property where the classes are held and another for her neighboring farm where the goats are kept. That wasn’t something Stevens could easily afford, given the expense of the first application.”
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“Fortunately, neighboring Tipton County officials proved more receptive to her business. She was able to rent out their county fairgrounds, where she’ll close out the season. Having to move her whole operation out of county obviously cost a lot more, given the need to rent the fairgrounds and then cart the goats there and back. Stevens said it nevertheless cost less than having to give everyone refunds for the classes.
The expense and the whole experience has put on Stevens and her partner is a difficult financial position, as the goat yoga business is currently Stevens’ only income. She says her health condition prevents her from working other jobs outside the home and that she’s currently applying for disability benefits.”
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“Stevens tells the story of a pre-teen girl with autism who came to one of her classes with her mother. The daughter was visibly nervous at first, but quickly relaxed when one of the goats, Sofia, went right up to her.
“Sofia just went and sat on this girl’s mat the whole class and she was just petting Sofia the whole time. You could just see calm on her face and how she was so content. It’s hard to describe the peace that you see with this girl,” she says. “Those are the stories that really are why I did it. It was very therapeutic for people.”
Unfortunately, moments like that aren’t allowed in an A-2-zoned agricultural district.”
“Democrats are reportedly considering a one-year extension of the expanded child tax credit, which pays parents $3,000 annually for every child (and an extra $600 for kids under age 6) and is paid out as a refund even for families that owe no federal taxes. Previously, Biden’s plan called for a five-year extension of the child tax credit. As I wrote in September, the five-year extension was a budget gimmick designed to make the tax credit appear to be roughly $700 billion less expensive than it otherwise would be within the standard 10-year budget window. In short, Democrats were signalling that the expanded child tax credit would be permanent, but they were only accounting for half of what it would actually cost to make it permanent.
A one-year extension would be mashing that same “gimmick” button even harder.
In a similar way, Democrats are also reportedly considering a shorter-than-planned extension of the expanded Obamacare subsidies made available during the pandemic. Instead of being extended permanently, those provisions would technically expire after three years—even though everyone knows they are likely to be extended past that sunset date.
“These proposals don’t actually shrink the package; they just shorten it,” says Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB), a nonprofit that advocates for balanced budgets. The CRFB estimates that the twin “blatant budget gimmicks” involving the child tax credit and Obamacare subsidies could hide between $1.5 trillion and $2.4 trillion in future spending, depending on other trade-offs in the final package. Even if the final bill is $1.9 trillion and requires no new borrowing on paper, the CRFB warns that the actual price tag could be as much as $4 trillion with much of the hidden cost financed by adding to the deficit.”
“Rising costs of entitlement programs and the interest on the debt itself are the primary reasons why the debt will keep growing. In other words, even cutting a lot of discretionary spending would have little effect on the debt at this point.
The guilty parties are, well, both parties. It was fitting that the debt hit the symbolic $1 trillion figure during Reagan’s presidency, as the Gipper ignored his own warning. Republicans have spent much of the past 40 years venerating Reagan as an icon of conservative values, including supposedly limited government. And while his successors ran up far larger amounts on the nation’s credit card, Reagan saw the government surpass not only the $1 trillion debt threshold but also the $2 trillion threshold.”
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“The guiding principle for today’s Democratic Party is the idea that debt doesn’t really matter if interest rates remain low. So long as the cost of servicing the federal debt stays below 2 percent, policymakers should not be restrained by the “traditional idea of a cyclically balanced budget,” Larry Summers, Clinton’s treasury secretary, and former Obama economic adviser Jason Furman argued in an influential paper published last year.
But the past 40 years would suggest that lawmakers have almost never been restrained by the idea of balanced budgets—a few brief interludes of fiscal sanity notwithstanding.
It took nearly two centuries for America to accumulate $1 trillion in public debt. It took 40 years to increase that amount 28 times over. If we refuse to address the breakneck speed at which America spends money it doesn’t have, how long until Clinton’s warning is realized, and that debt deals with us?
“If legislators were determined to “save lives, period, whatever it costs,” they would set the speed limit at 5 miles per hour, or perhaps ban automobiles altogether, which would prevent nearly 40,000 traffic-related deaths every year. Those policies seem reasonable only if you ignore the countervailing costs. In public policy, economist Thomas Sowell famously observed, there are no solutions; there are only tradeoffs.
“Logically,” Bourne writes, “there must be some negative consequences of government lockdowns, and some point at which they might become self-defeating.” To figure out when that might be, policy makers needed to estimate the public health payoff from lockdowns and compare it to the harm they caused.
Contrary to Cuomo’s framing of the issue, this is not a matter of weighing “the economic cost” of maintaining lockdowns against “the human cost” of lifting them, as if those categories were mutually exclusive. Even in life-and-death terms, lockdowns had a downside, since they plausibly contributed to a spike in drug-related deaths, discouraged potentially lifesaving medical care, and inflicted financial and psychological distress, neither of which is good for your health. And as Bourne emphasizes, “economic welfare” goes beyond household finances or GDP, encompassing everything people value.”