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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (54301)1/8/2007 12:43:25 PM
From: Sully-  Read Replies (2) | Respond to of 90947
 
    Time and again, the pattern is clear: Liberals are 
galvanized by idealistic motives; conservatives find
reality more persuasive.
    This helps explain why the left is so often infatuated 
with the idea of its own benevolence -- and why liberals
are so quick to accuse their opponents of being not just
wrong, but wicked.

Arguments left and right

By Jeff Jacoby
Townhall.com Columnist
Monday, January 8, 2007

The 110th Congress convened under new management last week, and in the House of Representatives, the rush was on. Led by Speaker Nancy Pelosi, Democrats got ready to plow through an ambitious pile of legislation in their first 100 hours. Among the items on their punch list: increasing the minimum wage to $7.25 an hour, expanding publicly funded embryonic stem cell research, cutting the interest rate on student loans, and imposing price controls on Medicare prescription drugs.

A more liberal policy agenda isn't all that will be moving into the spotlight. There will be a heightened focus on liberal *arguments* as well -- which means we'll be hearing more about good intentions and less about good results. Political discourse will dwell even more than it already does on "fairness" and "compassion" and "unmet needs" -- and even less on factual evidence and the historical record.

The minimum-wage issue illustrates the pattern well.
Proponents of this quintessentially liberal prescription emphasize the difficulties faced by those trying to make a living and support a family while working a minimum-wage job. They point out how inflation has eroded the value of the wage. They contrast the soaring paychecks of CEOs at the top of the economic ladder with the pittance earned by those at the bottom. They frame the question as one of decency and sympathy: Don't you want to help the working poor? Don't they deserve a raise too?

"In the last nine years, Congress has voted itself seven pay increases," says Senator Edward M. Kennedy. "If a pay raise is important enough for members of Congress, then it is essential for the lowest-paid workers in this country."

Opponents, by contrast, point to data and economics. They note, for example, that most minimum-wage workers are neither poor nor family breadwinners, but singles in their teens or early 20s, often students working part-time while living with Mom and Dad. They argue that while a minimum-wage increase helps some people, it hurts others: If the cost of employing low-skill workers goes up, fewer low-skill workers will be employed. They invoke history, which shows that jobs are destroyed by minimum-wage hikes.

"The enactment of the first federal minimum wage law in 1933," writes economist Thomas Sowell, "raised the average wage rate in the Southern textile industry by 70 percent -- and half a million blacks nationwide lost their jobs."

What is true of the minimum-wage debate is true of so many others. Affirmative action, sex education, energy policy, family law, criminal procedure -- on issue after issue, people on the left are more likely to stress virtuous motives, while those on the right accentuate real-world outcomes.

Should income-tax rates be cut? Liberals say no, repelled by the apparent selfishness of enriching the well-to-do, when it is the poor who need more money. Conservatives say yes, knowing that tax relief spurs economic growth from which everyone benefits. Is bilingual education desirable? Yes, argues the left, concerned about the self-esteem of non-English-speaking children. No, insists the right, recognizing that children master English more quickly when they aren't shunted off into linguistic ghettos. Time and again, the pattern is clear: Liberals are galvanized by idealistic motives; conservatives find reality more persuasive.

This helps explain why the left is so often infatuated with the idea of its own benevolence -- and why liberals are so quick to accuse their opponents of being not just wrong, but wicked.

Asked about political bias in the news media, UPI's veteran reported Helen Thomas once replied: "A liberal bias? I don't know what a liberal bias is. Do you mean we care about the poor, the sick, and the maimed? Do we care whether people are being shot every day on the streets of America? If that's liberal, so be it. I think it's everything that's good in life -- that we do care."

Of course, if liberals are good people who care -- why, that must mean that nonliberals are bad people who don't care. Just ask Thomas:

"You have rolled back health and safety and environmental measures," she scolded President Bush at a press conference in 2001. "This has been widely interpreted as a payback time to your corporate donors. Are they more important than the American people's health and safety?" Those convinced that their own motives are pure are more likely to assume that their opponents' motives are tainted.

Obviously these are only generalizations. Republicans are not always immune to the self-justifying halo of a policy's noble goals. Democrats are not always blind to outcomes. Just look, some might say, at the Republican-led war in Iraq. And there are certainly cynics in both camps who are more interested in power and self-aggrandizement than anything else.

But as a broad rule, intentions are the currency of the left, while results matter most to the right. That is why Bill Clinton made a point of feeling our pain, while Ronald Reagan insisted that facts were stubborn things.


Jeff Jacoby is an Op-Ed writer for the Boston Globe, a radio political commentator, and a contributing columnist for Townhall.com.

townhall.com



To: tejek who wrote (54301)1/8/2007 3:31:59 PM
From: Sully-  Read Replies (1) | Respond to of 90947
 
Hooverville

    This record is so impressive that liberal critics have 
been forced to ignore it and focus on other alleged
outrages, such as "inequality," or CEO pay, or some vague
prediction of future doom.

What to do about taxes?

Betsy's Page

The Wall Street Journal reminds us of what the impact of the 2003 taxcuts has been.

<<< Meanwhile, tax revenues continue to roll into the Treasury and state coffers. Federal receipts rose by 14.6% in fiscal 2005, another 11.8% in 2006, and kept rising by 9% in this year's first two months despite slower GDP growth. The budget deficit, in turn, has fallen by $165 billion in two years, and including state surpluses is now down to about 1% of GDP, which as an economic matter is negligible. Tax revenues as a share of the economy are also back above 18.5%, which is their modern historical norm.

This record is so impressive that liberal critics have been forced to ignore it and focus on other alleged outrages, such as "inequality," or CEO pay, or some vague prediction of future doom. And, yes, the future is unpredictable. But in the field of economics there are few more definitive tests than the results from the tax cuts of 2003. Critics predicted disaster, supporters the opposite, and the supporters can point to more than three years of prosperity as vindication -- despite $70 oil and $3 gasoline, and lately despite the worst housing slowdown in 15 years.

However, those lower tax rates are set to expire at the end of 2010, and the Democrats who now control Congress want them repealed. The "pay-as-you-go" rules that the House just passed would make their extension all but impossible. What this means is that if Congress merely fails to act, the tax cuts expire and the economy will be hit with one of the largest tax increases in history in 2010. >>>

In a real world, politicians would look at the results of the tax cuts, see the impact, and adjust their policies accordingly. But politicians don't seem to act in the real world. The evidence before their eyes is not enough to change their ideology. It might be too much to expect them to come out and admit that they were wrong, but they might adjust accordingly to the results and recognize that they shouldn't take actions to screw up the economy. I don't expect any such wisdom from the Democrats. If they don't take action to extend those tax cuts, then that should be a major issue in the 2008 election. Do all these senators who want to be president believe that they should hit Americans with this kind of tax increase?

<<< The dividend rate would snap back to 39.6% from 15%, the capital gains rate to 20% from 15%, and the top marginal income tax rate to 39.6% from 35%. Marginal and average tax rates for the middle class would also increase, returning to the Clinton-era levies that had driven taxes as a share of GDP to a postwar high of 20.9%. >>>

Sure they can sell such taxes as just on the rich, but a lot of Americans who think of themselves as middle class are invested in the stock market. And if the Republicans had any persuasive abilities (which is a big 'if') they should be able to answer such demagoguery with the statistics about the economy's growth since those cuts were passed.

betsyspage.blogspot.com

online.wsj.com



To: tejek who wrote (54301)1/31/2007 2:51:55 PM
From: Sully-  Read Replies (2) | Respond to of 90947
 
The Untold Story

Power Line

When Bill Clinton was President, the economy was big news. And rightly so; the 90s, like the 80s, were a time of robust economic growth here in the U.S. What's odd is that positive news coverage of the economy, which ended with the stock market decline that began in 2000 and the recession that began early in 2001, has never really resumed. The story of the American economy's superb performance since roughly 2002 remains largely untold or, at least, unappreciated.

The administration has tried to get the word out, of course; today it posted this excellent State of the Economy Overview. The report is replete with statistics and charts; here are a few that I found interesting.

Job creation: the economy has created more than 7 million payroll jobs since August 2003 (the self-employed, a growing segment of the economy, are not included). Click to enlarge:




In some respects, the current expansion is more impressive than that of the 1990s. Wage growth has been stronger. This is demonstrated in several ways; this chart shows real after-tax income per person:




I think most people know that over the past year, the U.S. has had the best combination of economic growth and low unemployment of any major industrialized country; this graph shows it well:




This one is interesting, too. While federal tax receipts are at a record high, they are not, as a percentage of GDP. On the contrary, the negative trend that was well underway during the Clinton years has been reversed:




Check out the whole analysis; there is much more. When the history of the Bush administration is written, its unsurpassed stewardship of our economy during what started out as very difficult times (recession and 9/11) will, I hope, get the credit it deserves.

To comment on this post, go here.
plnewsforum.com

powerlineblog.com

whitehouse.gov