I am sure you have heard the quote "Those who do not learn from history are doomed to repeat it". Why is it that politicians tend to ignore historical facts? Time after time when government spending gets out of control, and they promise more than they can realistically deliver, they will try and solve the problem by increasing taxes. And it never works! This Washington Times editorial examines the differences in States that have high tax rates and those that do not. Invariably, the lower tax States are in a significantly better budget position. They are collecting less income taxes on individuals and businesses, yet they typically have a budget surplus. While the States with the highest tax rates, California and New York among them, have horrific budget deficits. The same thing is historically true with the Federal Government. What makes us think this time around it will be different? Do we really think this group can manage our money better than those that screwed it up before them?
George Will takes on Global Warming. More great stuff from Will. He makes some great points that are all to frequently overlooked, or just flat out ignored (talk about your "Inconvenient Truths"). Among the best are these two gems:
- What will it do to the economy of the US if we agree to these insane, and useless, environmental restrictions if two of our greatest competitors, and most populous countries, do not participate? It will cripple us, that's what! Why would we even consider agreeing to voluntarily handcuff our economy in this way? Part of the plan? More on that another time.
- Weak science! This is great stuff. Did you realize in the '70s that the "elite minds" of the time were predicting the eminent demise of the world due to ... wait for it ... Global COOLING! So, do we kill our economy now in the name of science that is already proving to be faulty?
A couple of other goodies.... The Russians might be starting to see just how dangerous Iran is. There is a report that Iran has tested a new warhead (for their non-existent nuclear weapons program?). Oh, and Chavez is preparing his military for war... to deter us. And these are the people that our President is reaching out to....
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