One of the main reasons the current economic problem is so hard to solve and the battle lines are so starkly drawn is that there is strong disagreement on what the problem is and likewise the solutions. The mantra from the left is that the problem is Bush’s fault, there was too much deregulation under Bush, although no one points to any particular regulation repealed under Bush that caused the crisis, and that we don’t tax enough. Those on the right have a different view.
United Kingdom
As they say, when it rains it pours. The Obama administration famously boasted about having its boot on the neck of BP and extorting $20 billion from the company without the benefit of due process, but now a different assessment emerges.
According to a report in the Wall Street Journal, the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling, faulted the administration on several fronts. “A White House spokesman didn’t immediately respond to a request for comment.”
It is quite clear that this administration stumbled and bumbled along at the start of the disaster, once again fully displaying its inexperience in executive matters. Here are some of the salient points from the commission.
- “A sense of over optimism” about the disaster “may have affected the scale and speed with which national resources were brought to bear.”
- In addition, the government’s underestimate of how much oil was flowing into the Gulf of Mexico gave the impression that the government “was either not fully competent to handle the spill or not fully candid.”
- The administration took “an overly casual approach” in calculating that between 1,000 and 5,000 barrels per day were flowing when the real number was around 35,000 to 60,000 barrels per day
- Their initial low estimate remained the official estimate for a full month
- The administration was initially slow to respond and then misdirected resources when the public grew increasingly frustrated with the lack of progress.
An article in today’s New York Times is just one more, “Don’t let a crisis go to waste,” move from this administration. The article, titled “As Oil Industry Fights a Tax, It Reaps Billions From Subsidies,” uses the same tired talking points to justify another tax increase that will ultimately be passed along to consumers.
The article talks about how the oil companies take advantage of tax credits and breaks and then it also talks about how many oil based companies re-incorporate in countries like Panama, the Marshall Islands, the Cayman Islands, and Switzerland because it will lower their taxes. When with the Statists get it? If you raise taxes both corporations and people will change their behavior to lower their taxes. Impose a millionaire’s tax in Maryland and Maryland discovers they have one-third fewer millionaires a year later and hundreds of thousands of dollars in less revenue. Impose among the highest tax rates in the developed world on businesses and businesses will move to where the taxes are lower. Create tax breaks and then somehow the Progressives are surprised that companies took advantage of them.
The initial thrust of the article was that the tax on oil companies was necessary to pay for the cleanup of the oil spill in the Gulf. Pardon my confusion, but didn’t the government just get BP to pony up $20 billion into an escrow fund for this purpose? Hasn’t BP said from day one that they will pay the cost for the clean up? So why are the Progressives in Congress rushing to put a new tax in place other than to take advantage of a crisis to reach into your wallet?
Another unintended consequence of our onerous tax policy is that when companies incorporate in other countries, those countries often have lower engineering and environmental standards.
I am no fan of corporate welfare so why don’t we take the IRS code and run it through a shredder? Get rid of the tax breaks across the board. Lower the tax rate to a fixed number that is on par with other developed countries. According to the Heritage Foundation, the freest economy in the world is Hong Kong, which oddly enough is located in Communist China. The Chicoms were smart enough to leave well enough alone when Hong Kong reverted to their control from Britain in 1997. Their individual tax rate is progressive ranging from 2% to 17% or an option for a 15% flat rate depending on which liability is lower. The top corporate tax rate is 16.5%. Their five-year compound annual GDP growth rate is 5.7%; unemployment is 3.5%; and their inflation is 4.3%. By comparison, our top corporate tax rate is 35%, more than double that of Hong Kong; our five year compound annual GDP growth rate is 2.2%; unemployment is 9.4% (at the time of this study); and inflation is 3.8%.
If we could implement real tax reform it would not only simplify our lives, save several hundred billion dollars in compliance costs, reduce uncertainty for business, create jobs, and grow the economy. With a larger pie, overall tax revenues will also increase.
In that Heritage study the United States has the eighth freest economy in the world, down one place from the year before; not the direction we should be going. Imagine if we set a goal to become the freest economy in the world. Americans like a challenge so let’s set our sights on becoming number one. The first three to concentrate on passing are those directly in front of us: Canada, Switzerland and Ireland. On this Fourth of July, let’s plant our flag and get to work.
“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof;” — Amendment I, Constitution of the United States
So what is one to make of the new campaign sponsored by atheists that says, “No God? That’s good. Let’s be good for goodness sake.” Who could argue with the last part? After all it comes from that famous Christmas carol, Santa Claus is Coming to Town. But what are we to make of the first part?
How do you argue in favor of something that doesn’t exist? Having a manger scene in the public square next to a menorah is not the establishment of religion on the part of the government that is prohibited in the Constitution. But demanding that all signs and symbols of religion be banned from the public, to me, comes pretty close to the state establishment of a religion called secularism. What was the point of the First Amendment prohibition of the establishment of religion?
Religion and America
The atheists will argue that a manger scene on public land is contrary to the establishment clause. How so, I ask? Specifically what religion is it establishing? Christianity? One of the reasons that the Founders created the establishment clause was to protect freedom of religion. Christianity is too broad a term to be considered an organized religion. If you don’t believe me, ask the Pilgrims, and the Quakers, and the Catholics, and the Mennonites who fled the persecution that came with not swearing allegiance to the Church of England. They are all Christians and that was the whole point. The Founding Fathers did not want the new nation of the United States to form an official state religion and a specific form of worship and tyrannize anyone who did not adhere to it. Having a belief in God and adhering to a particular way of practicing it are not the same. It is easy to see that the Founding fathers manifestly believed in the former while protecting everyone’s rights to the latter. So the very argument that the atheists and the ACLU are making should be pointed at themselves, for they are demanding that everyone follow their religion to keep the public square naked.
Faith of Our Fathers
“WE hold these Truths to be self-evident, that all Men are created equal, that they are endowed by their Creator with certain inalienable Rights, that among these are Life, Liberty, and the Pursuit of Happiness…” — The Declaration of Independence
Are we to believe that the same people who wrote and signed this document meant that faith should be banished from the public square? The Founding Fathers called upon God repeatedly for strength, guidance, and courage. To say we should do the opposite today and call that the American way is bizarre, to say the least.
Pointing Out the Obvious
In any display of a manger scene or a menorah, or a Christmas tree, wreath, etc. the atheists are also covered. Perhaps we need to be more careful to make it obvious. An area, of appropriate size, should just be cordoned off or outlined in chalk, with nothing in it. That’s what atheists believe in, nothing, so wherever you see nothing around the display, they are there. They are represented. Their tacky messages criticizing or condemning people of faith, is what is out of place and should be condemned. You don’t see a message in front of a manger scene or Christmas tree pointing to the menorah saying, “They missed the boat on this one!” Or a sign in front of the menorah pointing back at the manger saying, “Never happened!” The universal messages are peace and understanding, not a Madison Avenue pitch for one brand over another. So the atheists should stand down and go back to work.
Go Back to Work?
Yes, go to work. Why are you taking December 25th off? Without Christ, there is no Christmas. Without Christmas there is no national holiday on December 25th. With no national holiday on December 25th why aren’t you atheists working? Instead of putting up insipid signs on buses go to work with gusto! That will show the rest of us!
In his book, “What Americans Really Want…Really, ”Frank Luntz writes:
“Harris Interactive and MBA students from Brigham Young University developed a “happiness index” based on a list of questions such as positive relationships with friends and family members, worry about work and finances, and spiritual beliefs…for the most part, the results were conclusive: The happiest people were those who described themselves as very religious and those who pray or study religion every day. Religious people worry less about their health and are less frustrated with work. At the very bottom of the happiness index were people who said they were not religious at all. The angriest people are atheists and agnostics.”
Just Because You’re Miserable, Don’t Blame the Rest of Us
So you don’t believe in God. This is America, that is your right. But you don’t have the right to tell the rest of us what to believe. “Well, you can’t do that in the public square, because it offends me.” How do you come out of your dwelling this time of year? If you are truly offended by Christmas how could you set foot in New York City? Is your argument that all the stores and churches along Fifth Avenue with their decorations are okay, but the decorations in City Hall Park, are an outrage to your sensibilities? Or are you really trying to start by establishing your religion of Secularism in direct violation of the Constitution?
Lunacy Unleashed
This has really gone too far. From removing a cross from the seal of the city of San Diego, to the assault on Christmas when will it end? When will we see the campaign to rename Corpus Christi, Texas, since the name means “The Body of Christ”?
Instead of attacking people of faith, how about trying to emulate them. Be of good cheer, hold a door open, help out at a soup kitchen, sing a joyful song. Maybe, just maybe, the next time Frank Luntz takes a poll, you won’t be the miserable wretches at the bottom of the happiness index.
Merry Christmas, everyone.







