AUSTRIAN ECONOMICS ADDICT

Four Agencies To Abolish Along With The Department Of Education, by Ryan McMaken, at mises.org. The Department of Homeland Security, The EPA, The Department of the Interior, and The Department of Agriculture should be cut along with the Department of Education according to Ryan McMaken. I would also cut 10% from the budget of all the other agencies just for starters.

The “Washington Monument Syndrome” Strikes Again As Trump Imposes Hiring Free, by Tate Fegley, at mises.org. When Government budgets get cut, the first thing a Government Agency gets rid of is the most popular programs. Because nobody notices if you cut things that aren’t important ( shouldn’t have existed in the first place). Government agencies try to protect their fiefdom, at the expense of the tax payer (in dollars and regulations).

With Sales Depressed By Soda Tax, Philly Gorcers Look To Cut Jobs As Mayor Blames “Greedy” Soda Industry, by Eric Boehm, at reason.com. Who would have thought that raising the price would mean less demand? Less demand to the point of laying off workers?

Don’t Strangle AirBnb; Cut Its Competitors Some Slack, by A Barton Hinkle, at reason.com. The hotel industry should be lobbying the Government to get rid of cumbersome regulations on their industry instead of lobbying  government to pass more regulations in an attempt to crush their competition. The consumer looses when Government intervenes.

Move Over Greece, Italy’s Crisis Will Be Worse, at zerohedge.com. The world is changing. Governments in countries attempting to control every aspect of an individuals life are being tossed out by voters. That is what BREXIT was about.

South Australia Falls Victim To Green Hubris, by Jordan McGillis, at instituteforenergyresearch.org. Mandating the use of an intermittent supply of electricity like wind comes with a price. That price is rolling blackouts when electricity use surges past the point where intermittent wind can’t keep up with the increased demand.

Billions Gone: 2016 Olympic Venues In Brazil Are Now In Ruins, by Alice Salles, at mises.org. Why do politicians think that building the infrastructure to put on a three week one and done event, like the Olympics, would have any lasting economic effect? Hosting the Olympics is a waste of scarce resources that have alternative uses.

Obama Allows Wind Turbines to Legally Kill Eagles, at instituteforenergyresearch.org. Once again the left has a choice between two competing interests. In this case they must choose between  their beloved green energy and natures creatures. Obama has made a decision that increasing the amount of eagles killed by wind turbines by 4 times the previous number, is an acceptable trade off for his beloved green energy. But what would you expect from the oracle on green energy just before he left office. Obama’s ‘Science’ Article Long On Symbolism, Short On Substance, at instituteforenergyresearch.org.

Calexit – Beat The Crowd, at zerohedge.com. We’ve talked about California wanting to exit the U.S. But the real Calexit has and is already taking place. The real Calexit is the exit of individuals from California to states that have lower taxes and less regulation. No shock here. When you increase the cost of being a resident of California, you will have fewer residences.

RESPONDING TO FAKE NEWS

MSM Touts New Poll Showing Record Obamacare Support; Ignores 14 – Point Dem Over Sampling, at zerohedge.com. Here is an example of the MSM creating fake news from a fake poll.

White House Bars CNN, NYT, Others From Media Briefing, zerohedge.com. The MSM doesn’t know how to respond to Trump when he fights back, because past Republicans would have caved in at the first sign of media pressure. This should be the new template for how to deal with media bias. The media bullies don’t know what to do when they get their nose bloodied.

CARTOONS from theburningplatform.com. (more here)

This entry was posted on February 25, 2017 at 12:07 am and is filed under Must Reads For The Week. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: 2016 Olympic Venues In Ruins, Abolish Dept. of Education and four others, AirBnb vs Hotel Industry, Billions Lost at Rio Olympics, Calexit, Cartoons from theburningplatform, Fake News, Greek Default, Italian Default, MSM Fake Poll, NYT From Media Briefing., Obama Wind Turbine Policy Kills Bald Eagles, Obama's Science Article, People Exiting California for greener pastures, Philly Soda Tax Fails, Poll Over Samples Democrats by 14 points, South Australia Victim of Green Hubris, Symbolism vs. Substance, Washington Monument Syndrome, White House Bars CNN