Liberals in Washington State Like Money more than a Carbon Tax

from IBD:

Climate Alarmists Suffer Huge Blow As Liberal Washington State Votes Down Carbon Tax

Environmentalists were hoping to score a huge victory in Washington state with a statewide tax on CO2 emissions. Alas, even liberals in Washington don’t believe climate change is that big a threat.

Before the election, glowing stories in the press talked about Washington “taking up the fight” on climate change after President Donald Trump dropped out of the Paris climate deal. The state would make history. It would be a “bellwether,” and would start a trend across the country.

Carbon Tax

The initiative proposed a $15 tax on each ton of carbon emissions in the state starting in 2020, with the tax rate climbing each year. It would have cost families in the state nearly $1,000 a year by 2035. read more

You Have to Pass Medicare for All to See How Bad it Is

from IBD:

Dems Won’t Tell Voters How Radical ‘Medicare For All’ Is

Remember when Republicans said that ObamaCare was designed to fail so Democrats could push “single payer?” That was called conspiracy mongering. But guess what? ObamaCare is failing. And Democrats are now pushing “Medicare for All” as the solution.

Trouble is, Democrats aren’t telling voters anything about what “Medicare for All” means. Probably because the plan would be the most radical socialization of health care on the planet.

Everyone from New York socialist Alexandria Ocasio-Cortez to Texas Senate candidate Beto O’Rourke has called for “Medicare for All.” So far, 123 congressional Democrats and 16 Democratic Senators have co-sponsored “Medicare for All” bills. read more

Progressive Judge Legislates from the Bench

from IBD:

Anti-Trump, Far-Left California Judge Shows Why Judicial Nominations Matter

A federal judge in — where else? — California has ruled that the U.S. can’t send temporary refugees back to their countries because, basically, he doesn’t like President Trump. In doing so, he’s shown why both elections and judicial nominations matter.

Federal Judge Edward M. Chen is a classic President Obama appointee to the bench. A legal leftist from the University of California, Berkeley, his first years in practice were spent as a staff lawyer for the ACLU.

His credentials from then on out remained impeccably progressive, all the way until Obama named him to the federal bench.

This week, Chen ruled that the Trump administration’s decision to return 262,000 people back to Haiti, El Salvador, Nicaragua and Sudan who were here under Temporary Protected Status (TPS) was somehow illegitimate because, in Chen’s opinion, Trump is racist. read more

Imagine That – Americans Don’t Trust the Main Stream Media

from IBD:

Americans Can Agree On One Thing At Least — The News Media Sucks

The mainstream press might want to spend less time complaining about President Donald Trump’s attacks on them and more time doing a better job. A new survey shows that a substantial majority of Americans think the press is biased, unreliable and out of touch.

The Pew Research Center surveyed more than 5,000 Americans — which is a huge number for such polls — to gauge their views on the mainstream news media. read more

Government Still Spending Like Drunken Sailors

My apologies to drunken sailors!

from IBD:

No, Tax Cuts Are Not Driving Deficits — It’s The Spending, Stupid

Are President Trump’s massive tax cuts what’s driving federal deficits upward. Everyone says so. But, it’s not true. It’s just a way for lawmakers to distract the public while they crank up the spending machine. Just like the Senate did this week.

Earlier this week, Trump’s top economic advisor, Larry Kudlow, gave a talk at the Economic Club of New York in which he said that tax cuts aren’t to blame for deficits.

“People are quick to blame deficits on tax cuts, but I don’t buy that,” he said. “The gap is principally spending too much.” read more

Bernie Sanders is a Wealth of Bad Ideas

from IBD:

Bernie Sanders Wants Jeff Bezos To Pay For The Welfare State — What Could Go Wrong?

Bernie Sanders, who never held a steady job until he started getting paid by taxpayers, thinks Amazon should pay its workers more. And if it doesn’t, he wants to tax Amazon for each “underpaid” employee, to finance government benefits. Even Bernie’s friends think he’s off the rails.

Sanders, never one for subtlety, calls his new bill the “Stop BEZOS Act.” It would impose a tax on each worker employed by any company that hires more than 500 people. The tax would cover 100% of the cost of whatever federal benefits those workers or their families might also be getting. read more

Let us Praise the Hawaiian Price Gougers

This is another lesson in Economics 101. And one that the government should meddle in. I discussed this very topic last year in a video podcast. You may view it here. It’s in segment 2 which begins at about minute 19:25. Or you read my article regarding the same here.

from IBD:

‘Price Gouging’ In Hawaii Should Be Thanked, Not Cursed

Hawaii has taken a hit from Hurricane Lane, with an estimated 40 inches of rain and flooding in several areas. It’s an old story: Already, claims of price gouging for everything from propane to airline tickets have emerged. Should Hawaiians curse the gougers? No, they should thank them.

That might seem strange, but it’s true.

First off, let’s concede there are no doubt businesses that are technically breaking Hawaii’s anti-emergency gouging laws, which forbid stores from raising prices on food, water, ice, gasoline, cooking fuel, batteries and generators, chemicals or building materials during a declared disaster or emergency. read more

Turns Out, Free Stuff is Really Expensive

from IBD:

Democratic Socialism: Who Knew That ‘Free’ Could Cost So Much?

Since the Democratic Party took a turn for the worse toward so-called democratic socialism, the party’s leading lights have laid the promises on pretty thick. Free Medicare for all! Guaranteed income! Guaranteed jobs! Subsidized housing! Free college! Universal pre-school! Wow, and all for free.

Well, not exactly. In a devastating piece that appeared on the left-of-center web site Vox (to its credit), Manhattan Institute fellow Brian Riedl went through the simple math of what free actually costs. It’s a lot.

It’s not just the free aspect, but the fact that the democratic socialists have made so many promises that must be paid for that will make it so tough to swallow for most voters. read more

Even the EPA Admits Ethanol is no Good

from IBD:

EPA Says Ethanol Damages The Environment — Isn’t It Time To Kill The Program?

Amid all the media hoo-ha over President Trump’s latest tweets, tariffs and the Russia investigation, you might have missed a significant report — the Environmental Protection Agency says ethanol made from corn and soybeans and added to our gasoline has become an environmental disaster. So why do we continue to make it?

The devastating report — based on, yes, actual “science” — shows that the forced addition of ethanol to the nation’s gasoline is making our air dirtier.

The irony, of course, is that ethanol’s entire rationale is that it would make our air cleaner. read more

Oh There was Collusion All Right

from IBD:

Did Obama, Brennan And Clinton Illegally Collude To Take Trump Down?

As the saying goes, a fish rots from the head down. Well, so do bad governments. Recent revelations about the behavior of President Obama and his CIA director John Brennan in pushing the bogus Russian collusion investigation suggest that’s been the case.

The release of the FISA application by the FBI to investigate alleged collusion between Russia and President Trump’s campaign and recent comments made by top officials are eye opening.

Not only did President Obama know about the investigation, he seems to have pushed it from the very beginning. read more