Here's my new slogan for the day: "Serious times call for silly, self-serving solutions." At least as it applies to Democrats and their approach to addressing the current economic downturn . The Wall Street Journal sorts it out very nicely in today's editorial "The Stimulus Time Machine":The stimulus bill currently steaming through Congress looks like a legislative freight train, but given last week's analysis by the Congressional Budget Office, it is more accurate to think of it as a time machine. That may be the only way to explain how spending on public works in 2011 and beyond will help the economy today. According to Congressional Budget Office estimates, a mere $26 billion of the House stimulus bill's $355 billion in new spending … [Read more...]
Folly and Hypocrisy of Colorado Media Matters in New Deal Debate Exposed
Over at Free Colorado, Ari Armstrong does excellent work deconstructing the silliness of Colorado Media Matters (CMM) and its well-compensated director in the debate about the New Deal. It seems CMM has placed nearly all its intellectual eggs in one basket, the bottom of which has just fallen out. Armstrong took the initiative to contact directly the one source CMM cites to "debunk" those who note the abundant academic evidence of the New Deal's economic failures. Unfortunately for CMM, this economist (Gene Smiley) refutes their case. But don't expect the Left to stop trying to shill for Barack Obama's new massive federal spending program, no matter how little window dressing they are left with to cover their embarrassingly thin … [Read more...]
And a Few More Bright Spots for Colorado and U.S. Conservatives
It's the morning after... El Presidente has some amusing video reactions to last night's election results. Meanwhile, both Joshua Sharf (who ran a valiant race in an overwhelmingly Democratic district) and Rocky Mountain Right highlight the bright spots for Colorado conservatives. I concur with their lists, but let me add one more small bright spot in Colorado. The State Board of Education lost GOP chairman Pam Suckla - a Bill Ritter apologist - and gained common-sense conservative Marcia Neal, giving an effective Board majority that the Colorado Education Association can't be terribly happy with. Especially if Bob Schaffer is selected as the next chairman. At the national level, the good news is that Republicans may have … [Read more...]