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Number of the Week: Slow Growth Adds to Deficit – Real Time Economics – WSJ

If, for example, the U.S. economy grows at an inflation-adjusted annual rate of 1.7% — about the rate it’s currently growing — government debt will reach 122% of annual economic output as of 2015, up from 93% now. Annual growth of 2.7% would cut that estimate to 110%. The difference equates to about $2.2 trillion, or close to $7,000 a person.

….In any case, the U.S. and other countries will have to get the trajectory of their debts under control, either by cutting spending or raising taxes. In a separate report, IMF economists offer some evidence that cuts are preferable. Looking at the experience of 15 advanced nations over nearly three decades, they find that a spending cut equal to 1% of GDP has, on average, had a negligible effect on economic output over the next two years. A tax hike of the same size has shaved a cumulative 1.3% off output over the same period.

Even if cuts, which cuts?

See, Number of the Week: Slow Growth Adds to Deficit – Real Time Economics – WSJ.

Wait, Herbert Hoover Wasn’t a Libertarian? – Reason Magazine

No, he wasn’t!

Yet, one often hears — erroneously — that Hoover was a laissez faire Republican, and that Roosevelt’s election marked a sharp break from those policies. That’s not only false, but wildly false. Hoover was a big-government Republican.

(It was Coolidge — who had numerous disagreements with Hoover — who was a defender of limited government.)

In Reason, Damon Root shows how ignorant some remarks about late twenties, early thirties American history really are:

The Atlantic’s Joshua Green just published a long profile of Rep. Ron Paul entitled “The Tea Party’s Brain.” Cato Institute Executive Vice President David Boaz also took a close look at the piece and caught Green making a pretty embarrassing factual error about President Herbert Hoover’s response to the Great Depression….

Now watch as Boaz walks Green through some American history 101:

“Hoover didn’t cut federal spending, he doubled it. He established the Reconstruction Finance Corporation. He propped up wages and prices. Indeed, he launched the New Deal.…”

See, Wait, Herbert Hoover Wasn’t a Libertarian? – Hit & Run : Reason Magazine.

For a sharp description of how similar were many of Hoover’s and Roosevelt’s policies [but not their political skill in describing them], see The Forgotten Man: A New History of the Great Depression. The book affords a quick corrective to ignorance and false notions about Hoover’s policies..

Cat-Abusing Savagery in Florida

In a shocking story from Florida, a cat recovers from severe torture while the cat’s abusers face the law:

[Judge] Nazaretian called what happened to the cat the worst case of abuse he’s ever seen. Investigators say the cat was shot multiple times with a BB gun, locked in a crate and thrown into the water to drown.

The cat, named “Lovie” because she was so affectionate toward her caretakers after being discovered, is recovering, and is in a home with new owners. Vets decided against removing the dozens of BBs embedded inside her to spare her from more trauma.

Here’s a television news account of the cat’s ordeal:



See, Abused cat’s former owner in court.

About that Public Hearing… (Part 2)

I posted on Wednesday about a public hearing on the proposed Whitewater Unified School District budget. See, About that Public Hearing…. In that post, I offered a few suggestions for next year. (Hold the hearing at a convenient time outside of ordinary working hours, “Announce the hearing prominently on the main page of the district’s website,” “Place the entire budget proposal online, on the district’s website….before the hearing…”)

These suggestions are easily implemented. I know that they are, because only a day after I posted them, one finds that the district has announced three public sessions on a referendum to refinance school district debt. (Note: I don’t think for a minute that these sessions were in response to my post; I think they were made public because refinancing for a lower rate is an easier discussion than the budget discussion.)

Here’s a screenshot of the district website announcing the three sessions:

A few remarks about all this, with reference to the district’s budget proposal (and other topics).

Public discussion about the budget should be routine; when it becomes routine, it won’t be so difficult.

There are more important matters than the budget. I don’t think the most important, difficult, or interesting questions concern the budget. The highest topics concern the curriculum and policies of the district. If the budget’s too hard to talk about, then one has no reason to be confident about the district’s willingness to address more important maters.

Avoiding discussion of practical matters only exacerbates political opposition.

Political opposition is far more than a supposedly anti-school or possibly ephemeral pro-Tea Party phenomenon. It may be self-flattering to think that those who favor the status quo are defenders against unwashed hordes, but it’s just a silly pose. People likely oppose the status quo — including the budget — for different reasons. There’s no single, ‘anti-referendum’ or ‘anti-budget’ group. Opposition is diverse.

In my own case, I’m not part of any movement other than the long and proud libertarian movement. (I support the right of peaceful protests now, for other groups, as I did when anti-war protests were common a few years ago.)

People favoring limited government, individual rights, and free markets have been a part of this country’s history long before the present-day term ‘libertarian’ was coined. We were a part of discourse on this continent even before this beautiful republic was founded. We were here long before current political movements; we will be here long after.

Whitewater has lots of very sharp people who would be willing to debate these matters. I have always contended that most people are very sharp. It’s just a silly pose to think that a few, however situated, are the only clever people in town, a clique of ‘wise men,’ etc. Society and the things we enjoy from it do not rest on the shoulders of a few people, but on the skill and insight of many.

If people are frustrated or disappointed, leaders should first look to themselves and ask: How could I have addressed these matters more effectively? Hiding’s not an effective tactic. It’s an ineffective, counter-productive one. If, a year from now, disappointed voters reject one proposal or another, leaders will have themselves to blame.

It’s no longer enough to ‘get your message out’ through a few sympathetic outlets. There’s a naive idea that if an official relies on a fawning website or an obliging reporter, all will be well. Those days are long since gone, such as they were; no one has the ability to deliver one message and set one agenda. Status quo messages are either ignored, or ridiculed, outside of a diminishing number living within an echo chamber. In any event, readership and traffic numbers do not favor defenders of politics-as-usual in Whitewater. A message of independent commentary draws more readers than ceaseless cheerleading.

(Tomorrow, I will show how a recent announcement about Whitewater’s Innovation Center isn’t merely ineffective, but counter-productive, to the interests of that project’s proponents. I’m a critic of the project, and there are times when I think: I wish proponents would publish more announcements, as their notices about the project are so inartful, odd, and self-defeating.)

These are hard times for many; the easy way helps no one.

Friday Comment Forum

Here’s the Friday open comments post.

Today’s suggested topic is open. It’s a free-range forum.

The use of pseudonyms and anonymous postings is, of course, fine.

Although the comments template has a space for a name, email address, and website, those who want to leave a field blank can do so. Comments will be moderated, against profanity or trolls. Otherwise, have at it.

I’ll keep the post open through Sunday afternoon.

Have at it.

Just Admit it, Newspapers: You’re Scared of Muslims – Reason Magazine

That’s about the size of it —

As Radley Balko noted in yesterday’s Morning Links, the Washington Post and other newspapers pulled Wiley Millers syndicated “Non Sequitur” cartoon from their comics pages two Sundays back, because Miller pulled a familiar-to-Reason-readers “Where’s Waldo?” gag with the Prophet Muhammad….

On the other hand, maybe comparisons or references to Waldo are just infuriating.

Over a month ago, I posted a criticism about the absence of Whitewater City Manager Kevin Brunner’s name on a notice about a public hearing for a failing tax district, and included a picture of Waldo.

The joke was straightforward (he’s not standing up for a notice about a project now that it’s failing) and conventional (everyone knows about the Where’s Waldo? series).

(There was a similar reference behind a Where Was George? speech that Ted Kennedy gave at the Democratic National Convention in 1988.)

Maybe some people just don’t find Waldo a laughing matter.

By the way, Reason includes the cartoon that the Washington Post wouldn’t run.

See, Just Admit it, Newspapers: You’re Scared of Muslims – Hit & Run : Reason Magazine.

Whitewater Cares Weekend

I received the following press release that I am happy to post —

Please Join Downtown Whitewater as they Present
Whitewater Cares Weekend

Friday October 15th & Saturday October 16th

Help us help those in need as we partner with the following businesses and charities to make a difference

DROP SITE CHARITY/ORGANIZATION ITEMS BEING COLLECTED
Bergey Jewelry
173n West Main Street
Lions Club Eye wear, hearing aids
Dales Bootery
155 West Main Street
Souls 4 Soles New and gently worn footwear
Studio 84
121 West Center Street
Food Pantry
Holiday Care Program
Non-perishable food/cash * New children’s books, art supplies (please no coloring books)
GMA Printing
136 West Main Street
Operation Christmas School supplies, toys, hygiene items, anything to fit into a shoe box
FrameDog
145 West Main Street
Community Clothes Closet Kids winter coats, boots, gloves, adult clothing also accepted, 13 gal trash bags
Sweet Spot Coffee Shoppe Red Cross Cell phones

Make a donation to 3 or more of the charities and
Receive a Triangle Savings Coupon Book, FREE

Individual businesses may have individual rewards for donations
Most collections run through October

Daily Bread for Whitewater, Wisconsin: 10-15-10

Good morning,

Whitewater’s forecast calls for a sunny day, with a high temperature of sixty-one degrees.

It’s coffee with the principal this morning in schools throughout our district. At Lincoln School, it’s picture re-take day, and there’s also a Road Rally on the playground. At Washington School, it’s Walking 4 Washington, a P.A.T.T. fundraiser featuring some famous area mascots.

The Comment Forum will be up today, and back on schedule, at 10 a.m.

Kim Hixson / Evan Wynn 43rd Assembly Forum 2010 — WCLO

I posted yesterday on a Wisconsin State Journal profile of the candidates for the 43rd Assembly District, Kim Hixson and Evan Wynn. See, Wisconsin State Journal – Candidate Profiles: 43rd Assembly District.

Nearby station WCLO has a podcast of interviews with both candidates: “WCLO News Director Stan Stricker spends 30 minutes with each of the candidates for the 43rd Wisconsin Assembly District race.”

See, Evan Wynn / Kim Hixson 43rd Assembly Forum 2010 — WCLO.

Opinion: A step toward curing Washington’s spending disease – eliminating earmarks – Rep. Eric Cantor – POLITICO.com

There is no question that earmarks – rightly or wrongly – have become the poster child for Washington’s wasteful spending binges. They have been linked to corruption and scandal, and serve as a fuel line for the culture of spending that has dominated Washington far too long. These reasons alone would justify completely eliminating earmarks, but the basis for my position doesn’t end there.

The old adage that he who can’t be trusted to reform the “small” problems can’t be trusted to reform the “large” ones applies as much to government as to individuals. Both Republicans and Democrats have an enormous task before us if we are going to get America’s fiscal house in order.

See, Opinion: A step toward curing Washington’s spending disease – eliminating earmarks – Rep. Eric Cantor – POLITICO.com.

Daily Bread for Whitewater, Wisconsin: 10-14-10

Good morning,

Whitewater’s forecast for today calls for a mostly sunny day with a high temperature of sixty-six degrees.

At Lincoln School, proud home of the Leopards, it’s Market Day today, with pickup from 5-6 p.m. in the upper gym.

On this day in 1947, American Chuck Yeager became the first person to break the sound barrier.



Link: http://www.youtube.com/watch?v=dke2i-xO1uo

The Wisconsin Historical Society recalls that on this day in 1912, while campaigning for president as a third-party candidate,

Theodore Roosevelt [Was] Shot in Milwaukee

On the night of October 14, 1912, Theodore Roosevelt was shot in Milwaukee. Roosevelt was in Wisconsin stumping as the presidential candidate of the new, independent Progressive Party, which had split from the Republican Party earlier that year. Roosevelt already had served two terms as chief executive (1901-1909), but was seeking the office again as the champion of progressive reform. Unbeknownst to Roosevelt, a New York bartender named John Schrank had been stalking him for three weeks through eight states. As Roosevelt left Milwaukee’s Hotel Gilpatrick for a speaking engagement at the Milwaukee Auditorium and stood waving to the gathered crowd, Schrank fired a .38-caliber revolver that he had hidden in his coat.

Roosevelt was hit in the right side of the chest and the bullet lodged in his chest wall. Seeing the blood on his shirt, vest, and coat, his aides pleaded with him to seek medical help, but Roosevelt trivialized the wound and insisted on keeping his commitment. His life was probably saved by the speech, since the contents of his coat pocket — his metal spectacle case and the thick, folded manuscript of his talk — had absorbed much of the force of the bullet. Throughout the evening he made light of the wound, declaring at one point, “It takes more than one bullet to kill a Bull Moose,” but the candidate spend the next week in the hospital and carried the bullet inside him the rest of his life.

Schrank, the would-be assassin, was examined by psychiatrists, who recommended that he be committed to an asylum. A judge concurred and Schrank spent the remainder of his life incarcerated, first at the Northern Hospital for the Insane in Oshkosh, then at Central State Hospital for the criminally insane at the state prison at Waupun. The glass Roosevelt drank from on stage that night was acquired by the Wisconsin Historical Museum. You can read more about the assassination attempt on their Museum Object of Week pages.

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