Effects of taxing and spending

May 13th, 2012

Back in 2009 Alesina and Ardagna did a survey of the effects of large changes in fiscal policy.

Unsurprisingly they found that large revenue increases seldom increased revenue, indicating that most governments and most taxes are near their Laffer maximum, and that spending increases were not very stimulatory. Indeed often spending cuts stimulated the economy, which suggests that at the margin government spending is of negative absolute value, not just negative net value – that people would be better off if the money was spent blowing stuff up in distant lands.

This shows that supply side effects of large changes in fiscal policy substantially outweigh demand side effects. Read the rest of this entry »

Leftists intend:

May 10th, 2012

It is often said that leftists intend good, or that they intend the same things that all normal decent people intend.

Leftists intend, among other things, the deaths of several billion of supposedly excess population, in order to protect Gaia from the hand of man. For example the food to fuel mandates have created artificial famine in many parts of world.

Leftists intend, among other things, the destruction of technological civilization by cutting off its energy supply. Read the rest of this entry »

The Laffer Curve

April 30th, 2012

Let us suppose you are a smart ambitious guy, and have a big idea that you think can change the world, and make a great big pile of money. You run your idea before some angel investors, and they think it is worth a shot. So you, and they, form yourselves into a class C corporation. You are probably pretty well off, and they are probably really well off, so you are paying the maximum tax rate. Read the rest of this entry »

Nazism descends from Lutheranism

April 29th, 2012

Just as progressivism, (by which I mean anglosphere mainstream leftism) descends from the Puritans, via the infamous and conspiratorial Exeter Hall, the Acorn of its day, and “super protestantism”, looks like Nazism is descended from Lutheranism.

The apple does not fall far from the tree. Lutherans hated Jews, Puritans hated Christmas and men having sex with women. Read the rest of this entry »

Not the cognitive elite

April 24th, 2012

The immensely well paid staff of the World Bank issued a pile of nonsense about European financial problems in which they kept calling a positive feedback loop a negative feedback loop. Obama’s speechwriters issued an equally stupid speech to their black mascot in which they called the Falkland Islands the Maldives. Read the rest of this entry »

Monsters among us

April 20th, 2012

One curious and difficult to explain aspect of the left, is the tendency to hate what is good and true and  to love monstrous evil and barefaced lies.  Thus, for example, compare the worshipful treatment of China from 1956 to 1972, with the high pitched moral outrage directed at China when the Chinese government ended mass murder and artificial famine in the late seventies, and set to replacing slave labor and command with wage labor and profitability in 1981.  Similarly their affection for Islamists.  While the left is evil, the company they love to keep is apt to be astoundingly evil, with the result that old fashioned Christians, those few of them that still remain, are apt to suspect demonic infiltration rather than communist infiltration.   You will still today get denial that the old China used mass murder, artificial famine and slave labor, combined with hearty condemnation of the current use of wage labor in China.  Similarly, no one notices when our “allies” ethnically cleanse Christians from their lands, having already rendered those lands judenrien.

Below the fold, you will find an outlandishly disgusting video, which reveals that leftists frequently lack the gag reflex, are disinclined to turn away in horror and revulsion from that which is horrible and revolting.  A bunch of leftists, smiling, giggling, and joking, simulate cannibalism on a living person, and don’t realize how it is going to look when normals view the video. Read the rest of this entry »

Racism and Deskism

April 17th, 2012

What is “racism”? Why is the belief that the appearance and origin of a desk has a good correlation with the desk’s value and usefulness not known as “deskism”, and why is “deskism” unlikely to to destroy one’s career, whereas the belief that the appearance and origin of a human has a good correlation with various desirable or undesirable characteristics is a horrid and unthinkable sin.

Use of the word racism

Use of the word racism

Read the rest of this entry »

Left wing tells

April 6th, 2012

Every time you twit a leftist with the Trayvon Martin incident, he will list how the evil racist George Zimmerman provoked Martin by the horrible racism of suspecting Martin of criminality – which implicitly admits what is explicitly denied, that the six foot one black Martin attacked the five foot seven mestizo Zimmerman, which in turn implicitly admits that leftists approve of the black racist attacks on whites that they so enthusiastically encourage.

Similarly, if you twit a leftist with “trick to … hide the decline”, they will patronizingly explain to you that “decline” does not mean what it sounds like it means, but resist explaining “trick” or “hide” no matter how vigorously you twit them on it, implicitly admitting that they know full well that “trick” and “hide” mean exactly what they sound like they mean – which in turn implies that they don’t care whether global warming is true or false, only that it is a way of getting the power to create a totalitarian world terror state and get rid of a few billions of excess population. Read the rest of this entry »

conservatives are not the only people losing faith in official science

April 1st, 2012

Amgen, the worlds largest independent biotech firm, ran a replication survey on fifty three widely cited landmark cancer research papers.  Only six were replicable.

If conservatives are losing faith in official science, maybe that is an indicator that conservatives are in contact with reality.

Conservatives distrust official science

April 1st, 2012

Lately leftists have been moaning that conservatives have lost faith in the scientific community.

Conservatives distrust official science, because official scientist do not practice actual science, instead  manufacturing official truth. Read the rest of this entry »