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Archive for November, 2021
November 22nd, 2021 at 8:10 am
Nebraska Just Posted the Lowest Unemployment Ever Recorded. Guess Why.
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In some impressive and instructive news, the state of Nebraska just claimed the lowest unemployment rate ever recorded.  The likely reason shouldn’t surprise anyone:

 

Nebraska’s jobless rate tends to run below the national rate. Economists cite a combination of factors that have kept joblessness in the state well below the U.S. average from the onset of the pandemic. Nebraska had fewer government-imposed restrictions on business, helping it avoid steep job losses some states experienced earlier in the pandemic.”

 

At some point, perhaps other more stubbornly leftist states will catch on before every one of their residents and businesses flees to more economically hospitable states with fewer regulations, lower taxes and less government generally.  But don’t hold your breath just yet.

November 15th, 2021 at 9:23 am
Voters’ Message: Biden “Build Back Better” Blowout Is a Loser
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In the wake of this month’s catastrophic election results for Joe Biden and his party, many leftists stubbornly rationalized that voters were upset that Biden hadn’t seen more of his agenda passed, and that the answer to Biden’s and Democrats’ ills was to step on the gas and pass more of that agenda.  Well, the new ABC News/Washington Post poll offers and instant rebuttal.  The survey is nothing short of catastrophic for Biden and Democrats as 2022 approaches, with Republicans scoring record preferences (see image below).  But note something else:  This poll was conducted November 7 – 10, AFTER Biden’s “infrastructure” spending bill was passed.

 

“Build Back Better” Is a Loser

 

We at CFIF have detailed the catastrophic potential effects of passing Biden’s even larger spending bill currently before Congress, including its potentially devastating consequences for American healthcare and pharmaceutical innovation:

 

Specifically, they’re attempting to cement agreement on provisions that would empower the federal government to begin “negotiating” drug prices with manufacturers and imposing draconian penalties upon providers that don’t play ball.

That constitutes a scheme to bring price controls to American healthcare, with catastrophic effects, according to analyses from both the non-partisan Congressional Budget Office (CBO) as well as the University of Chicago.”

 

This new ABC News/Washington Post poll should offer a cautionary tale for Senators Joe Manchin (D – West Virginia), Kirsten Sinema (D – Arizona) or anyone else even contemplating voting for it.

November 9th, 2021 at 3:52 pm
WSJ Agrees: Senate Must Reject Extremist Biden FCC Nominee Gigi Sohn
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In a recent Liberty Update we sounded the alarm on Joe Biden’s hasty nomination of extremist Gigi Sohn to sit on the Federal Communications Commission (FCC), highlighting how she’s simply too radical to be confirmed to the FCC at a time when Americans rely more than ever on a thriving internet service sector that her agenda would undermine.

Today, The Wall Street Journal echoed that alarm and explained the myriad ways in which she would threaten one of the few sectors that has continued to flourish throughout the Covid pandemic:

 

She was a counselor to Obama FCC Chair Tom Wheeler and was a driving force behind the ‘net neutrality’ regulation that classified broadband providers as common carriers under Title II of the Communications Act of 1934…  The enormous regulatory uncertainty caused broadband investment to decline, though it picked up after the Trump FCC scrapped the rule.  Ms. Sohn supports making the Wheeler rule even more burdensome…

The FCC is currently split 2-2, and if Ms. Sohn is confirmed, Democrats will move quickly on the progressive agenda.  Mr. Biden has also renominated Commissioner Jessica Rosenworcel to another term as agency Chair.  A source says Biden Administration officials wanted to name Ms. Sohn as Chair but worried that moderate Democratic Senators would then reject her nomination.

Ms. Sohn’s strident partisanship should disqualify her from serving as an officer of an independent agency with so much power to control the public airwaves.  There’s also a risk that the President could designate her as Chair after she’s confirmed, as he did with the radical Lina Khan on the Federal Trade Commission.”

 

Ms. Sohn is simply too radical to be confirmed to the FCC at a time when Americans rely more than ever on a thriving internet service sector.  The Biden Administration has only itself to blame for its delay in nominating Ms. Sohn, and The Wall Street Journal confirms the growing consensus that the U.S. Senate should reject her nomination and spare us the enormous risk she presents.

November 1st, 2021 at 9:20 am
WSJ’s Holman Jenkins on Congressional Climate Extremist Emperors’ Lack of Intellectual Clothing
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Late last week we highlighted how some far-left climate radicals in Congress mindlessly, obsessively and ostentatiously continue to demonize domestic energy producers – who achieved what was once considered fantasy by securing U.S. energy independence and lowering energy costs for American consumers – even while they and the Biden Administration beg OPEC and Russia to increase petroleum production.  The Wall Street Journal’s always-insightful Holman Jenkins brilliantly notes the proverbial emperor’s lack of clothing on that same Congressional obsession:

 

As it cyclically does, the hypocrisy show returned this week to ‘Big Oil.’  To cover up the political class’s, and particularly Joe Biden’s, inability to do anything meaningful about climate change, a House hearing on Thursday accused industry CEOs of blocking action as if somehow the pennies they spent on advocacy could haven countered the 30-year torrent of climate-change propaganda coming from governments, universities, green lobbyists and scientific organizations.  ‘They are obviously lying like the tobacco executives were,’ intoned Rep. Carolyn Maloney, in windup-toy fashion.  This line she was guaranteed to utter no matter what was said at the hearing (in fact, executives repeated what their companies had long said about the risks of climate change and the lack of alternatives to fossil fuels).

Most of us would be repulsed to behave the way politicians routinely do, which brings us to an unexpected counterpoint.  For want of something shiny to wave at next week’s global climate summit, and not too discerning about what it was, President Biden caused the U.S. intelligence services to gin up a new climate assessment.  Lo, the result is notable mainly for its skepticism about the kind of summits Mr. Biden will be attending…

At least one establishment institution has stopped paying lip service to the pipe dream that the world will give up fossil fuels on a timespan relevant to our climate risks.”