Sunday, February 12, 2012

Tea Party Matters for 2/12/12

What Barack Obama Could Learn From Our 16th President:
   The 2012 presidential election may be the most important contest of our lifetime. The American people desperately need a leader who understands how to grow the economy and create jobs. Unfortunately, the president’s refusal to modify his own positions or support job creating legislation that Americans overwhelming support is one reason for the nation’s high unemployment rate and sluggish economic recovery.
While Abraham Lincoln never lived to see the Union fully restored, his vision and leadership were paramount to its ultimate survival and prosperity. President Obama need only look at the annals of history – and in particular at our sixteenth president – to realize his own administration has taken a vastly different and inflexibly divisive course that posterity I suspect will judge severely.

Report! Govt Spending Doesn't Add to Economy: From a National Bureau of Economic Research working paper by economist Valerie Ramey: For the most part, it appears that a rise in government spending does not stimulate private spending; most estimates suggest that it significantly lowers private spending. These results imply that the government spending multiplier is below unity. Adjusting the implied multiplier for increases in tax rates has only a small effect. The results imply a multiplier on total GDP of around 0.5.

Government must protect religious liberty, not 'accommodate' it: The problem here is that Obama wants to do something the Constitution explicitly bars. The First Amendment instructs Congress to "make no law respecting an establishment of religion or prohibiting the free exercise thereof." There is nothing in those words that allows any public official to define by bureaucratic edict religious practices that are acceptable to government. Offering certain "accommodations" regarding how acceptable religious practices are carried out is still a violation of the First Amendment, no matter how adroitly Obama tries to camouflage what he is doing.

Liberals do a great deal of talking about hearing other points of view, but it sometimes shocks them to learn that there are other points of view. – William F. Buckley

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