Rep. Rick Crawford responds to the State of the Union address January 24, 2012
We got to start cutting now or the government will control everything and there will be no incentive to work anymore. They are trying to get more federal intervention in local schools even now.
Budget Further Grows Bureaucracy at Department of Education– Lindsey Burke
The President’s budget request includes a 3.5 percent increase (over 2012 levels) for the Department of Education – the largest increase of any domestic agency. The Department of Education, a 4,200-person agency, has enjoyed dramatic funding increases year after year in the past three decades since its creation. Unfortunately, schools and families have not enjoyed commensurate increases in student achievement. The bloated bureaucracy has layered red tape on states and school districts, and served as little more than a filing cabinet for the reams of paperwork local schools must complete to demonstrate compliance with the Department’s 151 education programs. With the release of his 2013 budget request, President Obama is proposing to further grow this “bureaucratic boondoggle” at a time when American taxpayers are calling for fiscal restraint in Washington, including restraint at the Department of Education. The budget includes a $1.7 billion increase over 2012 levels, increasing spending on programs such as Race to the Top ($850 million in new grants), and providing $80 million in federal funding for STEM (Science, Technology, Engineering, and Mathematics) teacher training. On the higher education front, the proposal includes $8 billion in new spending for the Community College Career Fund, a program designed to expand certification programs and job training at community colleges. The spending will be divided among the Education and Labor Departments over the next three years. Consistent with the Obama administration’s disdain for the sector, for-profit colleges will be prohibited from receiving any of the new grant money. The President’s proposal also increases the maximum Pell Grant award, and includes a significant increase in the Perkins loan program (from $1 billion to $8 billion) if the loans are reauthorized. It includes a $1 billion higher education “Race to the Top” grant to provide more federal money to traditional universities that keep costs low – a proposal outlined in the President’s State of the Union address. The move, however, will provide zero incentive for colleges to reduce costs in the long-run since, on net, federal spending on college subsidies, grants, and loans will continue to increase. In all, President Obama’s budget request increases spending at the Department of Education to $69.8 billion. It’s a continuation of the failed policies of the past, and a perennial liberal agenda that claims spending more taxpayer dollars through more and more federal programs will improve education. It hasn’t and it won’t, and this latest increase once again puts taxpayers on the hook for profligate Washington spending that grows bureaucracy while further removing parents from the education decision-making process.
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Getting parents more control in schooling involves getting Washington out of the way. Voucher programs give the parents the ultimate control and would cause public schools to put up or shut up. Instead of giving parents more control it appears this next year’s budget proposal would increase the Dept of Education in Washington and give more control to Washington. In a time that we need massive cuts in our budget at the federal budget, I can think of no other place better to cut than eliminating the Dept of Education. That is almost 70 billion dollars saved at one time!!!!
Milton Friedman: I do not believe it’s proper to put the situation in terms of industrialist versus government. On the contrary, one of the reasons why I am in favor of less government is because when you have more government industrialists take it over, and the two together form a coalition against the ordinary worker and the ordinary consumer. I think business is a wonderful institution provided it has to face competition in the marketplace and it can’t get away with something except by producing a better product at a lower cost; and that’s why I don’t want government to step in and help the business community. Now I want to go to your question about Medicare. There are many people who have benefited from Medicare, but you’re not looking at the cost side. What has happened to the people who are paying for it? It isn’t __ we don’t have a free good, it isn’t coming from nowhere. And are they benefiting from it in a cost effective way. Those are the questions. It’s demagoguery, if you’ll pardon me, Michael Harrington, to say the people who have Medicare are freer. Of course, in one dimension. But they themselves have been paying all their lives, and have they gotten a good bargain? At the moment they have. The young men, the young working people who are going into Social Security now, they’re going to get a very raw deal indeed.
CONABLE: Milton, interestingly on that point, people over 65 are paying more of their spendable income for medical care now, then they were before Medicare was enacted. It’s been not a very successful program. Government doesn’t do things well.
FRIEDMAN: It doesn’t do things well. If it hasn’t done things well in Britain, in Canada, in the United States.
McKENZIE: Now, Milton, then you took us to Hong Kong on exactly that point. That here you said was a true model of market operating. Now is that really a fair description of Hong Kong?
FRIEDMAN: At the moment, yes. It’s not __ again, there aren’t any such things as a hundred percent one way and a hundred percent the other. Everything is mixed, of course. Hong Kong has a government, and it happens to be a government __ in this case there’s no democracy in Hong Kong. It’s run from Britain; it’s a Crown Colony of Britain, and the British Governor General and so on, and Financial Secretary run it. But the situation in Hong Kong is that there is very little government regulation of industry. There’s complete free trade. There are no tariffs; there are no export subsidies; there are no restrictions on the purchase and sale of monies, so that it is, comes about as close to a complete free market as you can find in the world today, and there is no doubt that the main beneficiaries have been the low-income people, the poor people who have poured into Hong Kong by the hundreds of thousands and millions, out of Red China and who keep on trying to get in there. This goes to Michael Harrington’s question, if an industrial system, if a free enterprise system is a system in which the poor are ground beneath the heels of the rapacious industrialists he’s worried about, how would he explain the success in Hong Kong, the extent to which people continue to vote with their feet to go there.
CONABLE: You’re not asking us to make of the United States one gigantic Hong Kong, or sweatshop, or whatever you want to call it. You would acknowledge that there is a historical development of an economy, and what may be right for one stage in the development of an economy may not be right for another stage. Isn’t the issue, where do we go from here? What pragmatic decisions do we make about the direction of the American economy. Should it be toward more and more government, or should it be trying to preserve an adequate balance between freedom of choice and government intervention?
FRIEDMAN: Again, the problem is to distinguish two things. This comes back to an earlier comment. The circumstances in terms of the physical arrangements, and the circumstances in terms of the rules that guide the society. Now in the case of Hong Kong, of course, I’m not asking that we crowd our people to a density of population such as Hong Kong has. Hong Kong is a marvelous example just because its circumstances are so terrible, it’s physical circumstances. And the people in Hong Kong would love to get elsewhere, into less crowded circumstances, if other people would let them in. This is the problem of immigration, which is a very important restriction on human freedom. In the period before 1913 we had complete, a hundred percent freedom of immigration into the United States. We don’t now, but go back to your question.
CONABLE: Do you think Hong Kong __ do you think Hong Kong would exist if it weren’t in close juxtaposition to Communist China?
FRIEDMAN: Hong Kong would exist. It is very dubious that it would have policies it has now if it weren’t in close juxtaposition to Communist China. Well, now, but to answer your question directly, yes. I am in favor of the United States having not the circumstances, not the physical circumstances, but the policies that Hong Kong has had of zero tariffs, complete free trade, of no restrictions on exports, no restrictions on monetary transactions, of a far greater degree of __ far lesser degree of governmental regulation. I agree with what Russell Peterson said before, that there are third party effects. There are things like pollution. The question is whether we’re handling them in the right way, and I think we’re not.
McKENZIE: I want to bring Bob Galvin in here. Bob, the beginning of Milton’s agenda there, no tariffs, for example, no restrictions, no quotas. Now, will business, big business, wear that kind of policy?
GALVIN: I think big business and all business could wear that kind of policy if we could find the appropriate balancing factor that in the rest of world trade, where we trade outside our border, and as others come in, we are required to trade against socialized institutions. That’s a very different kind of an institution than the private institution. The private institution can clearly operate more efficiently if it is not imposed upon by an artificial price from the socialized institution across the seas. So I think there has to be, not protectionism, but there has to be an international rule of the road that prevents the socialized institution from subsidizing and taking advantage of the private institution.
McKENZIE: Do you include the nine countries to the Common Market, though, as socialist countries, or are you prepared to have competition from all the nine countries in the Common Market?
GALVIN: The nine countries of the European Common Market engage in the most dramatic of the socialized institutions.
FRIEDMAN: I don’t agree with him at all. We are hurting ourselves by restricting trade from abroad. Other countries are hurting themselves and us by the measures you describe, but we’re only hurting ourselves even more if we imitate them.
CONABLE: I don’t think, Dr. Friedman that your mother would get a job sewing today in America, if we had no tariffs at all. What would happen is, there wouldn’t be any sewing jobs in America, we’d be making nothing but computers. (several talking at once.)
FRIEDMAN: But then there would be some other kinds of jobs. Then she would get a job at a very low level in making computers.
McKENZIE: Yeah. Although you face the problem, That you’ve had both a leading businessman and a leading conservative Congressman, not accepting your prescription of sweeping away
FRIEDMAN: But, of course, the two greatest enemies __ I would say the greatest enemies of free enterprise and of freedom in the world have been on the one hand the industrialists, and on the other hand most of my academic colleagues, who end up in government. For opposite reasons. (laughter)
FRIEDMAN: For opposite reasons.
McKENZIE: Michael Harrington, I guess, would agree with this.
FRIEDMAN: People like Michael Harrington, and my academic colleagues, want freedom for themselves. They want free speech, they want freedom to write, they want freedom to publish, to do research, but they don’t want freedom for any of those awful businessmen. Now the businessmen are very different. Every businessman wants freedom for somebody else, but he wants special privilege for himself. He wants a tariff from Congress, and the Congress __ well the way in which Congressmen get elected is by performing favors to constituents. And if indeed you were to wipe out completely all tariffs, if you were to reduce government controls in this country to what they are now, I do not think that would be in the self-interest of __
McKENZIE: Well, then __
FRIEDMAN: __ even Barber, Conable, for whom I have the very greatest respect, or Bob Galvin, for whom I have the respect. I think it would be in the self-interest of Michael Harrington.
McKENZIE: Now let’s ask what the American people want and will wear, because you’re saying, in effect, that to get elected the Congressman is giving the people what they want. Now, aren’t you saying in the end, then, the people don’t want this or don’t understand the advantage of it?
FRIEDMAN: I’m saying that my whole function and purpose is to try to persuade the people to make a different thing politically profitable. I’m trying to persuade the people to make it clear that Congressmen who pursue these policies are gonna lose their jobs, and if we do that, Congressmen aren’t pursuing their self-interests. They’re in a market, there’s a political market. They’ve got a product to sell, and they’ve got to appeal to their customers. And I am just engaging in the kind of advertising Mr. Galvin and other companies use.
McKENZIE: We’ve got another very experienced politician, Governor Peterson.
14 This is (A)the confidence which we have [a]before Him, that, (B)if we ask anything according to His will, He hears us. 15 And if we know that He hears us in whatever we ask, (C)we know that we have the requests which we have asked from Him. 16 If anyone sees his brother [b]committing a sin not leading to death, (D)he shall ask and [c]God will for him give life to those who commit sin not leading to death. (E)There is a sin leading to death; (F)I do not say that he should make request for this. 17(G)All unrighteousness is sin, and (H)there is a sin not leading to death.
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I used to visit with a gentleman on a regular basis who was one of the finest christian men I have ever known. However, he got caught up in a public sin and he was told by the church how to get out of it. He appeared to be making progress on it, but then just a few months later he rejected the elders’ advice and rebuked them personally and said that he could better handle things his way.
One week later he was dead. That got me thinking about this scripture 1 John 5:14–17. Below is a video clip about it from John MacArthur and his explanation below that.
This is the confidence which we have before Him, that, if we ask anything according to His will, He hears us. And if we know that He hears us in whatever we ask, we know that we have the requests which we have asked from Him. If anyone sees his brother committing a sin not leading to death, he shall ask and God will for him give life to those who commit sin not leading to death. There is a sin leading to death; I do not say that he should make request for this. All unrighteousness is sin, and there is a sin not leading to death. (1 John 5:14–17)
At first glance, verse 16 appears to introduce an abrupt change of subject. But upon further consideration, the connection of verses 16 and 17 to verses 14 and 15 becomes clear. By giving one important exception, John illustrates in a contrasting manner the extent of God’s promise to answer prayer. When a believer sees a brother (a real or professing believer) committing a sin not leading to death, the apostle writes, he shall ask and God will for him give life to those who commit sin not leading to death. On the other hand, there is a sin leading to death, and the apostle did not advise Christians to make request for this sin.
Evidently John and his readers knew what the sin leading to death was, since no explanation is given, but its exact meaning is difficult for us to determine. Two possibilities present themselves.
First, the sin in question may be that of a non-Christian leading to eternal death. In that case it would be a final rejection of Jesus Christ, such as that committed by those who attributed His miracles to the power of Satan (Matt. 12:31–32). Such ultimate apostasy is unforgivable, as Jesus declared:
Therefore I say to you, any sin and blasphemy shall be forgiven people, but blasphemy against the Spirit shall not be forgiven. Whoever speaks a word against the Son of Man, it shall be forgiven him; but whoever speaks against the Holy Spirit, it shall not be forgiven him, either in this age or in the age to come. (Matt. 12:31–32)
Praying for the restoration of such people to the fellowship from which they have departed (1 John 2:19) is futile, because “it is impossible to renew them again to repentance, since they again crucify to themselves the Son of God and put Him to open shame” (Heb. 6:6). John did not forbid prayer for such people, since it is impossible to know who they are. The apostle merely stated that prayer for them will not be answered; God has already made the final decision about their future. Supporting the view that John is referring to unbelievers is the present tense of the participle hamartanonta (“sinning”; the Greek text literally reads “If anyone sees his brother sinning a sin …”); John elsewhere in this epistle uses the present tense to describe the habitual sins that characterize unbelievers (e.g., 3:4, 6, 8; 5:18)…
Rush Limbaugh’s Moving Tribute To Andrew Breitbart
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I noticed that Max Brantley of the Arkansas Times Blog ignored the news of Andrew Breitbart’s death. Actually the final page of the day appeared at 3:30 pm and then disappeared on Thursday.
I had the opportunity to visit briefly with Andrew last year and share a laugh. He seems to be a very gracious person even though he is depicted by the left otherwise.
Rush Limbaugh’s Moving Tribute To Andrew Breitbart Uploaded by MrTimotheus85 on Mar 1, 2012 Rush Limbaugh’s Moving Tribute To Andrew Breitbart Related posts: Sean Hannity’s tribute to his dear friend Andrew Breitbart March 1, 2012 – 3:03 pm Uploaded by MrTimotheus85 on Mar 1, 2012 Sean Hannity – In My Fathers House There Are Many Mansion […]
Andrew Breitbart at CPAC 2012 02102012 – FULL SPEECH Uploaded by bydesign001 on Feb 10, 2012 Courtesy of Mediaite via the Right Scoop. Related posts: Sean Hannity’s tribute to his dear friend Andrew Breitbart March 1, 2012 – 3:03 pm Uploaded by MrTimotheus85 on Mar 1, 2012 Sean Hannity – In My Fathers House There Are […]
Uploaded by MrTimotheus85 on Mar 1, 2012 Sean Hannity – In My Fathers House There Are Many Mansion And I Know Andrew Is In One Of Them I got a chance to meet Andrew once and it was on May 25, 2011. He was very gracious and I really enjoyed visiting with him. Below are […]
Rep. Louie Gohmert Pays Tribute to Andrew Breitbart Uploaded by GohmertTX01 on Mar 1, 2012 Rep. Louie Gohmert (TX-01) spoke on the House floor about the life and legacy of his friend, conservative writer and American patriot, Andrew Breitbart. “Thank you, dear God, for sharing this extraordinary gift that was Andrew Breitbart with us. We […]
Andrew Breibart spoke in Little Rock on May 25, 2011 Andrew Breitbart in Arkansas The second monthly luncheon with featured speaker Andrew Breitbart was excellent. (Check out the Tolbert Report for more coverage of this event.) First, we got to hear from Dave Elswick of KARN who came up with the idea of this luncheon, […]
Andrew Breibart spoke in Little Rock on May 25, 2011 Andrew Breitbart in Arkansas Dave Elswick Chicago and Introduction.wmv Conservative film activist Andrew Breitbart spoke in Little Rock on Wednseday May 25th at the Hilton Hotel. The room was packed with conservative activist and Tea Party members. Breitbart talked about dealing with the liberal media […]
Andrew Breibart spoke in Little Rock on May 25, 2011 to a packed room. The second monthly luncheon with featured speaker Andrew Breitbart was excellent. (Check out the Tolbert Report for more coverage of this event.) First, we got to hear from Dave Elswick of KARN who came up with the idea of this luncheon, […]
Andrew Breitbart speaking in Little Rock on May 25, 2011. Andrew Breitbart – Taking Down the Corrupt and Biased, Leftist Mainstream Media Andrew Breitbart joined Hannity to talk about his new book “Righteous Indignation: Excuse Me While I Save the World!”, and about his mission to take down the corrupt and biased, leftist mainstream […]
Andrew Breitbart Andrew Breitbart CBS News reported on May 6, 2011: Conservative publisher Andrew Brietbart sat down for an extensive interview with CBSNews.com Friday in which he discussed his disdain for the mainstream media, offered his perspective on the Republican presidential field, said President Obama should have released a post-mortem photo of Osama bin Laden, and complained […]
You don’t need to log on to President Barack Obama’s Facebook page to find out who his friends are, and you don’t need to read tea leaves, gaze into a crystal ball, or consult a psychic to learn where his priorities lie. No, you only have to take a look at his 2013 budget, just released on Monday, to see what kind of company the president keeps and to what extent he will go to lend his pals a helping hand.
The folks seated at the president’s head table haven’t changed much in the past few years — the only difference is how much is being served up in the taxpayer-funded buffet. As in the past, the president has plenty of handouts for his big labor buddies. His budget delivers a fourth consecutive annual deficit exceeding $1 trillion — and that spending goes to yet another round of not-so-shovel-ready construction projects and government “investments” totaling $178 billion. Heritage’s Patrick Knudsen writes that the spending includes the president’s favored road, bridge, and school construction projects, but “then they go alarmingly beyond the usual ‘infrastructure’ arguments to fund teachers’ pay.” In other words, unions representing the construction site and the classroom win big.
Other winners in the president’s budget are those who fit into the Administration’s vision of a green economy that is propelled not by the market’s demand, but by Obama’s whim. The 2013 budget proposes to spend $310 million to make solar energy cost-competitive without subsidies by 2020, $290 million to expand R&D on energy efficient manufacturing techniques, and $421 million in fossil energy research and development. Heritage energy expert Nicolas Loris writes that the budget “rejects the notion of a market-based energy industry and wastes taxpayer dollars at a time when we desperately need to curtail out-of-control spending.” In other words, he says, the president’s blueprint is all wrong.
There’s no clearer example of just how wrong the president’s blueprint is than his decision to increase subsidies for electric vehicles like the $41,000 Chevy Volt while ending funding for the D.C. Opportunity Scholarship Program (DCOSP), which gives low-income children in the nation’s capital a chance to escape underperforming schools. The White House intends to increase taxpayer-funded subsidies for those who purchase new-technology vehicles to $10,000 per buyer, up from $7,500. Keep in mind that the average income of a Volt buyer is $175,000 per year. That means that middle-class taxpayers are helping the rich buy pricy, politically correct cars.
With his other hand, President Obama is taking from the poor. The DCOSP provides $8,000 vouchers to 1,600 low-income children in the District of Columbia, empowering them to attend a school that they choose. The program has been a stunning success — though it has drawn criticism from the president’s teachers union allies. If the president gets his way, those children will pay the price.
They won’t be the only ones in their generation, though, who will suffer under the president’s budget. From a big picture perspective, the president’s budget rises from $3.8 trillion to $5.8 trillion in 2022. Putting that into context, that means outlays above 22 percent of gross domestic product — more than twice the New Deal’s share of the economy in its peak years. In constant dollars, outlays are more than three times the peak of World War II. With all that spending, someone will have to pay for it. Whose names will be on the bill? Those under 30 — America’s debt-paying generation. Their entire lives will be dominated by paying down today’s mountains of debt. And some of them are waking up to that fact.
“It will be my generation, rather than the retiring baby boomers, that will be paying off the national debt through higher income taxes,” says Amanda Winkler, 24, a Master’s Student at American University. Shaun Rabenius, 26, is a part-time construction worker and student. He says, “I have never followed politics much, except for when I vote. But in looking at the last decade, the presidencies, and the debt they have accumulated, I am scared out of my mind.”
They’re right to be worried. With a Senate that hasn’t passed a budget in well over 1,000 days and a president who seems intent on spending more, not less, without addressing the country’s underlying budgetary crisis, future generations will soon find that the winners today will make them losers tomorrow.
Uploaded by MrTimotheus85 on Mar 1, 2012 Sean Hannity – In My Fathers House There Are Many Mansion And I Know Andrew Is In One Of Them I got a chance to meet Andrew once and it was on May 25, 2011. He was very gracious and I really enjoyed visiting with him. Below are […]
Rep. Louie Gohmert Pays Tribute to Andrew Breitbart Uploaded by GohmertTX01 on Mar 1, 2012 Rep. Louie Gohmert (TX-01) spoke on the House floor about the life and legacy of his friend, conservative writer and American patriot, Andrew Breitbart. “Thank you, dear God, for sharing this extraordinary gift that was Andrew Breitbart with us. We […]
Andrew Breibart spoke in Little Rock on May 25, 2011 Andrew Breitbart in Arkansas The second monthly luncheon with featured speaker Andrew Breitbart was excellent. (Check out the Tolbert Report for more coverage of this event.) First, we got to hear from Dave Elswick of KARN who came up with the idea of this luncheon, […]
Andrew Breibart spoke in Little Rock on May 25, 2011 Andrew Breitbart in Arkansas Dave Elswick Chicago and Introduction.wmv Conservative film activist Andrew Breitbart spoke in Little Rock on Wednseday May 25th at the Hilton Hotel. The room was packed with conservative activist and Tea Party members. Breitbart talked about dealing with the liberal media […]
Andrew Breibart spoke in Little Rock on May 25, 2011 to a packed room. The second monthly luncheon with featured speaker Andrew Breitbart was excellent. (Check out the Tolbert Report for more coverage of this event.) First, we got to hear from Dave Elswick of KARN who came up with the idea of this luncheon, […]
Andrew Breitbart speaking in Little Rock on May 25, 2011. Andrew Breitbart – Taking Down the Corrupt and Biased, Leftist Mainstream Media Andrew Breitbart joined Hannity to talk about his new book “Righteous Indignation: Excuse Me While I Save the World!”, and about his mission to take down the corrupt and biased, leftist mainstream […]
Andrew Breitbart Andrew Breitbart CBS News reported on May 6, 2011: Conservative publisher Andrew Brietbart sat down for an extensive interview with CBSNews.com Friday in which he discussed his disdain for the mainstream media, offered his perspective on the Republican presidential field, said President Obama should have released a post-mortem photo of Osama bin Laden, and complained […]
Rep. James Lankford (R-OK) responded to President Obama’s FY 2013 budget proposal that fails to cut the deficit in half by the end of his first term as promised. The budget also delayed the tough decisions to cut spending and reform entitlements that are needed to avoid a debt crisis.
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I really am offended when I hear that the President claim that his budget cuts 4 trillion in the next 10 years but it really adds to the deficit at least 11 trillion dollars. What kind of funny math is that? Take a look at this article below:
WASHINGTON D.C. – U.S. Senator John Boozman (R-AR) issued the following statement on the release of President Obama’s budget proposal:
“America deserves better than a collection of tax hikes, phony savings and additional debt. The President’s budget proposal is bad for seniors as it takes no steps to protect and strengthen Medicare and Social Security, will hurt chances of an economic recovery through tax hikes and will add $11 trillion more to our already staggering national debt in a 10-year period.”
“This is clearly an election year proposal. Rather than a serious attempt to outline a direction for our economic future, the President is trying to be all for everyone with this plan. Just as the President’s previous proposals have been voted down, I would not expect this one to pass should it come up for a vote in the Senate.”
“This budget proposal from the White House is stark reminder that we need to pass the Honest Budget Act that I have cosponsored. The President’s budget is loaded with gimmicks and accounting tricks that our bill would put an end to so that the American people would have an opportunity to weigh in on a real budget that would get our fiscal house in order.”
“When it comes to our country’s budget, Americans have a right to expect accountability, honesty and responsibility. This proposal has none of those.”
Sean Hannity – In My Fathers House There Are Many Mansion And I Know Andrew Is In One Of Them
I got a chance to meet Andrew once and it was on May 25, 2011. He was very gracious and I really enjoyed visiting with him. Below are some links to my previous posts on Breitbart.
Uploaded by MrTimotheus85 on Mar 1, 2012 Sean Hannity – In My Fathers House There Are Many Mansion And I Know Andrew Is In One Of Them I got a chance to meet Andrew once and it was on May 25, 2011. He was very gracious and I really enjoyed visiting with him. Below are […]
Rep. Louie Gohmert Pays Tribute to Andrew Breitbart Uploaded by GohmertTX01 on Mar 1, 2012 Rep. Louie Gohmert (TX-01) spoke on the House floor about the life and legacy of his friend, conservative writer and American patriot, Andrew Breitbart. “Thank you, dear God, for sharing this extraordinary gift that was Andrew Breitbart with us. We […]
Andrew Breibart spoke in Little Rock on May 25, 2011 Andrew Breitbart in Arkansas The second monthly luncheon with featured speaker Andrew Breitbart was excellent. (Check out the Tolbert Report for more coverage of this event.) First, we got to hear from Dave Elswick of KARN who came up with the idea of this luncheon, […]
Andrew Breibart spoke in Little Rock on May 25, 2011 Andrew Breitbart in Arkansas Dave Elswick Chicago and Introduction.wmv Conservative film activist Andrew Breitbart spoke in Little Rock on Wednseday May 25th at the Hilton Hotel. The room was packed with conservative activist and Tea Party members. Breitbart talked about dealing with the liberal media […]
Andrew Breibart spoke in Little Rock on May 25, 2011 to a packed room. The second monthly luncheon with featured speaker Andrew Breitbart was excellent. (Check out the Tolbert Report for more coverage of this event.) First, we got to hear from Dave Elswick of KARN who came up with the idea of this luncheon, […]
Andrew Breitbart speaking in Little Rock on May 25, 2011. Andrew Breitbart – Taking Down the Corrupt and Biased, Leftist Mainstream Media Andrew Breitbart joined Hannity to talk about his new book “Righteous Indignation: Excuse Me While I Save the World!”, and about his mission to take down the corrupt and biased, leftist mainstream […]
Andrew Breitbart Andrew Breitbart CBS News reported on May 6, 2011: Conservative publisher Andrew Brietbart sat down for an extensive interview with CBSNews.com Friday in which he discussed his disdain for the mainstream media, offered his perspective on the Republican presidential field, said President Obama should have released a post-mortem photo of Osama bin Laden, and complained […]
American companies are hindered by what is arguably the world’s most punitive corporate tax system. The federal corporate rate is 35 percent, which climbs to more than 39 percent when you add state corporate taxes. Among developed nations, only Japan is in the same ballpark, and that country is hardly a role model of economic dynamism.
On the other hand, if the government forces companies to overstate their income with policies such as worldwide taxation and depreciation, then the statutory tax rate understates the actual tax burden.
The U.S. tax system, as the chart suggests, is riddled with both types of provisions.
This information is important because there are good and not-so-good ways of lowering tax rates as part of corporate tax reform. If politicians decide to “pay for” lower rates by eliminating loopholes, that creates a win-win situation for the economy since the penalty on productive behavior is reduced and a tax preference that distorts economic choices is removed.
The good news is that he reduces the tax rate on companies from 35 percent to 28 percent (still more than 32 percent when state corporate taxes are added to the mix).
The bad news is that he exacerbates the tax burden on new investment and increases the second layer of taxation imposed on American companies competing for market share overseas.
In other words, to paraphrase the Bible, the President giveth and the President taketh away.
This doesn’t mean the proposal would be a step in the wrong direction. There are some loopholes, properly understood, that are scaled back.
But when you add up all the pieces, it is largely a kiss-your-sister package. Some companies would come out ahead and others would lose.
Unfortunately, that’s not enough to measurably improve incomes for American workers. In a competitive global economy, where even Europe’s welfare states recognize reality and have lowered their corporate tax rates, on average, to 23 percent, the President’s proposal at best is a tiny step in the right direction.
Rep. Louie Gohmert (TX-01) spoke on the House floor about the life and legacy of his friend, conservative writer and American patriot, Andrew Breitbart.
“Thank you, dear God, for sharing this extraordinary gift that was Andrew Breitbart with us. We did not get to keep our gift nearly as long as we wanted, but we are so grateful for such a marvelous gift.”
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I got a chance to meet Andrew once and it was on May 25, 2011. He was very gracious and I really enjoyed visiting with him. Below are some links to my previous posts on Breitbart.
Andrew Breibart spoke in Little Rock on May 25, 2011 Andrew Breitbart in Arkansas The second monthly luncheon with featured speaker Andrew Breitbart was excellent. (Check out the Tolbert Report for more coverage of this event.) First, we got to hear from Dave Elswick of KARN who came up with the idea of this luncheon, […]
Andrew Breibart spoke in Little Rock on May 25, 2011 Andrew Breitbart in Arkansas Dave Elswick Chicago and Introduction.wmv Conservative film activist Andrew Breitbart spoke in Little Rock on Wednseday May 25th at the Hilton Hotel. The room was packed with conservative activist and Tea Party members. Breitbart talked about dealing with the liberal media […]
Andrew Breibart spoke in Little Rock on May 25, 2011 to a packed room. The second monthly luncheon with featured speaker Andrew Breitbart was excellent. (Check out the Tolbert Report for more coverage of this event.) First, we got to hear from Dave Elswick of KARN who came up with the idea of this luncheon, […]
Andrew Breitbart speaking in Little Rock on May 25, 2011. Andrew Breitbart – Taking Down the Corrupt and Biased, Leftist Mainstream Media Andrew Breitbart joined Hannity to talk about his new book “Righteous Indignation: Excuse Me While I Save the World!”, and about his mission to take down the corrupt and biased, leftist mainstream […]
Andrew Breitbart Andrew Breitbart CBS News reported on May 6, 2011: Conservative publisher Andrew Brietbart sat down for an extensive interview with CBSNews.com Friday in which he discussed his disdain for the mainstream media, offered his perspective on the Republican presidential field, said President Obama should have released a post-mortem photo of Osama bin Laden, and complained […]
The U.S. tax system, as the chart suggests, is riddled with both types of provisions.
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