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Everything posted by Muda69
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Corona Could Lead to Contraction Acceleration
Muda69 replied to a topic in The Indiana High School Football Forum
Yet they are a de-facto government monopoly. You want better pay as a 5th grade teacher? Get the government and unions out of the system so you can adequately advertise and sell your skills/experience on the open market. -
Marching toward a debt crisis
Muda69 replied to Muda69's topic in Gridiron Out of Bounds's Out of Bound Forum
A Trillion-Dollar Deficit This Year Is Now Officially the Best Case Scenario: https://reason.com/2020/03/19/a-trillion-dollar-deficit-this-year-is-now-officially-the-best-case-scenario/ Not a rosy picture for our children and grandchildren. And yet no one seems to care. Why is that? -
Government “Bailout” of Airline Industry
Muda69 replied to Bobref's topic in Gridiron Out of Bounds's Out of Bound Forum
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Government “Bailout” of Airline Industry
Muda69 replied to Bobref's topic in Gridiron Out of Bounds's Out of Bound Forum
So just because it happens "all the time" automatically justifies it happening this time. "Johnny got a pony so that means I automatically get one as well. Right?" Childish. -
Government Is No Match for the Coronavirus: https://mises.org/wire/government-no-match-coronavirus Tests begin with the CDC to insure quality, which is exactly the wrong approach. It assumes that the government can outperform the best medical industry in the world. Even at this hour the CDC has failed, shipping test kits that are defective. The CDC does not have a solution, but it also becomes the classic blocker to progress. Labs cannot act without a lengthy approval process from CDC and the Food and Drug Administration (FDA). These government controls violate the principle of subsidiarity (that problems should be solved at the lowest level possible). Ultimately care is provided by local hospitals, care facilities, and labs. South Korea’s rapid testing allowed for early treatment and containment of the virus. These test kits were created in three weeks. Many labs in the US could have solved the test kit problem but were restrained by the FDA and CDC. The South Koreans offered to help us, but was the CDC listening? Evidently not. At the president’s request on Friday, America’s robust private sector, including Walmart, Walgreens, CVS, Roche Laboratories, and LabCorp, came up with a solution for mass testing. Roche has received fast-track FDA approval for its COVID-19 diagnostic test. This testing will be done via drive-thru in parking lots. This minimizes contact and allows for mass testing of thousands across the country. The more Americans are tested, resulting in a lower percentage of deaths, the more the testing will have a calming effect on our citizens. Americans consider regulators and government to be sacrosanct, but in fact government agencies are slow and often fail us. Think of the Federal Aviation Administration (FAA), which allowed Boeing engineers to bypass basic engineering standards, resulting in the crash of two Boeing 737 MAX airliners and the grounding of nine hundred planes around the world. We all know that any time we expect service from the government, it will be slow and painful vs. the private sector, which is mostly fast and courteous. In spite of some minor shortages, due to hoarding, the private sector is supplying us with gas, food, prepared meals, medical supplies, and healthcare. The coronavirus crisis must cause us to rethink government. The Trump administration has restricted new regulation and reduced arcane strictures, which has resulted in a booming economy. It is absolutely true that most private industry can be trusted, because the alternative for poor or unscrupulous providers is failure. Private industry can be sued and suffer financial decline, unlike government, which simply demands more money for poor performance. Business or individuals that commit fraud are subject to civil and criminal penalties. The federal government spends 21 percent of our national GDP. All federal spending money comes from business and citizens, which restricts their ability to allocate those funds to their families and to spur economic growth. American entrepreneurs are excellent capital allocators, creating the jobs and technologies that keep us safe and allow a very high standard of living for most citizens. In spite of enormous federal deficits, every protected class of workers and business expects the government to bail it out during a crisis, from airlines and cruise ships to government workers. We will now witness a litany of spending beginning with $8 billion for the coronavirus, moving to a $50 billion pork-laden House bill, and a third spending bill coming from the Treasury. This system is grossly unfair, as working-class individuals and small businesses do not get paid when businesses shut down. It’s time we heed the advice of President Ronald Reagan: government is the problem, not the solution. The welfare-warfare state is not only consuming a large portion of our national income, but, worse, it is also spending far beyond its means, creating debt now surpassing $23 trillion (vs. under $6 trillion in the year 2000). The solution is to reduce federal spending to 18 percent of GDP, which will downsize or eliminate many counterproductive agencies and allow American business and individuals to perform and innovate. If you are unconvinced, think of Walmart now offering ultra low-cost medical services along with a host of competitors including CVS and Walgreens. Gas is very cheap because of our fracking industry. An abundance of high-quality food is available from thousands of grocery stores, restaurants, and now home delivery from many sources. Americans are hard working, resilient, and innovative. The time has come to unleash this talent to create a higher living standard and solutions to the most perplexing national challenges. As one of the comments to the excellent commentary states:
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Government “Bailout” of Airline Industry
Muda69 replied to Bobref's topic in Gridiron Out of Bounds's Out of Bound Forum
I assume you are talking about the ubiquitous tax abatements local governments dole out like candy to industry and businesses? Of course it is a form of bailout, and we the taxpayer have to ultimately pay the difference. -
Government “Bailout” of Airline Industry
Muda69 replied to Bobref's topic in Gridiron Out of Bounds's Out of Bound Forum
I don't necessarily believe it is the constitutional purview of government to bail out industries, extraordinary circumstances or not. -
Corona Could Lead to Contraction Acceleration
Muda69 replied to a topic in The Indiana High School Football Forum
Private charity and other low cost alternatives. Let the free and open market work. For once. -
Government “Bailout” of Airline Industry
Muda69 replied to Bobref's topic in Gridiron Out of Bounds's Out of Bound Forum
Maybe if the airlines had actually you know, "saved for a rainy day" instead of spending their profits on stock buybacks they wouldn't be in this mess: https://www.marketwatch.com/story/airlines-and-boeing-want-a-bailout-but-look-how-much-theyve-spent-on-stock-buybacks-2020-03-18 But no, now practically every major U.S. industry looks to Nanny Government to bail them out circumstances largely caused by their own bad decisions. Quite a lesson this practice is teaching the youth of America. -
Corona Could Lead to Contraction Acceleration
Muda69 replied to a topic in The Indiana High School Football Forum
Why the need for an insult, Gipper? -
Corona Could Lead to Contraction Acceleration
Muda69 replied to a topic in The Indiana High School Football Forum
I disagree, Mr. Robert. Isn't the USA currently severely mismanaged by the "haves"? And why do you believe homeschooling and private/parochial/religious education would accelerate this trend? -
Well Bob, you got your wish. As I drove by the Mulberry convenience store/gas station earlier this morning the table was empty and the surrounding chairs were turned up on top of it. Somebody must have snitched to the county board of health. Was it you Bob? And this little incident brings forth some interesting questions: 1. I'm hoping these old men/farmers, obviously long time friends, are currently meeting in another place, perhaps at one of the men's kitchen table, to drink coffee, swap stories, and tell lies. Should this kind of home assembly be banned during this current "crisis"? 2. Let's say John & Martha are getting stir crazy practicing "social distancing" during this "crisis" and decide to have a Saturday night dinner party. So they invite a bunch of their friends to their home, and a number of them accept. So later that evening the party is going well and a local LEO drives by John & Martha's home. He notices that there are an unusual amount of vehicles parked outside the home for that time of day so he decides to investigate. After he discovers the existence of the dinner party should he immediately demand all parties disperse? Should he contact the local Board of Health and report an infraction? Should John & Martha face at the very least some kind of misdemeanor charge of planning and hosting an unlawful assembly?