Showing posts with label What the State does with your money. Show all posts
Showing posts with label What the State does with your money. Show all posts

Tuesday, 17 November 2009

John Stossel - Hallowed be thy name

John Stossel
  • November 17, 2009 03:46 PM EST by John Stossel

    Bogus Stimulus

    Kudos to the Washington Examiner. They’re keeping tabs on the Obama administration’s phony stimulus claims. They’ve set up an interactive map that documents instances of government exaggeration-- or lies --over how many jobs were “created or saved” by the $787 billion stimulus package.

    The Examiner has found that just over 10 percent of the jobs supposedly “created or saved” are bogus. I’m not surprised.

    Here’s the White House’s reaction, or explanation, or excuse making.

    Here are some particularly egregious examples from the Examiner:

    Sacramento Bee: The California State University system received $268.5 million in stimulus funds and claimed that the money allowed them to save over 26,000 jobs. But when pressed, the University officials admitted they weren't really going to lay off half their workforce, and that in fact, few or none of these jobs would have been lost without the stimulus. "This is not really a real number of people," a CSU spokesman said. "It's like a budget number."

    The New York Times: A $1,000 grant to purchase a single lawn mower [in Arkansas] was credited with saving 50 jobs.

    Tacoma News-Tribune: Of the 34,500 jobs allegedly saved or created by the stimulus in Washington State, 24,000 belong to state teachers already under contract to finish out the school year, whose jobs were never in jeopardy ….

    Atlanta Journal-Constitution: A joint venture [in Oklahoma] that received six military contracts counted the same 10 jobs six times.

    Chicago Tribune: [S]timulus funds were said to have saved the equivalent of 382 full-time teaching jobs -- 142 more than the [Dolton, Ill.] district actually has.

    Chicago Tribune: The city claimed to have saved the jobs of 473 teachers with its $4.7 million education stimulus grant. The [North Chicago] district employs only 290 teachers.

    Greenville News: "The Greenville Housing Authority ‘saved or created’ 118 jobs by use of federal stimulus money, according to the Obama administration. The agency only has 35 employees."

    Even if the jobs really were “saved or created”, that’s not real job creation. There is no new wealth created. All the stimulus did was shift resources to stimulus recipients, at a hidden cost. That money would have been spent or invested privately by other people if it hadn’t been taxed away. It’s Bastiat’s broken window fallacy in a nutshell.

Friday, 11 July 2008

Africa is giving nothing to anyone - apart from AIDS

Africa is giving nothing to anyone -- apart from AIDS


'Africa's peoples are outstripping their resources, and causing catastrophic ecological degradation,' writes Kevin Myers. A sick child waits in line to be screened at Giara Clinic, Southern Ethiopia


By Kevin Myers

Thursday July 10 2008

No. It will not do. Even as we see African states refusing to take action to restore something resembling civilisation in Zimbabwe, the begging bowl for Ethiopia is being passed around to us, yet again. It is nearly 25 years since Ethiopia's (and Bob Geldof's) famous Feed The World campaign, and in that time Ethiopia's population has grown from 33.5 million to 78 million today.

So why on earth should I do anything to encourage further catastrophic demographic growth in that country? Where is the logic? There is none. To be sure, there are two things saying that logic doesn't count.

One is my conscience, and the other is the picture, yet again, of another wide-eyed child, yet again, gazing, yet again, at the camera, which yet again, captures the tragedy of . . .

Sorry. My conscience has toured this territory on foot and financially. Unlike most of you, I have been to Ethiopia; like most of you, I have stumped up the loot to charities to stop starvation there. The wide-eyed boy-child we saved, 20 years or so ago, is now a priapic, Kalashnikov-bearing hearty, siring children whenever the whim takes him.

There is, no doubt a good argument why we should prolong this predatory and dysfunctional economic, social and sexual system; but I do not know what it is. There is, on the other hand, every reason not to write a column like this.

It will win no friends, and will provoke the self-righteous wrath of, well, the self-righteous, letter-writing wrathful, a species which never fails to contaminate almost every debate in Irish life with its sneers and its moral superiority. It will also probably enrage some of the finest men in Irish life, like John O'Shea, of Goal; and the Finucane brothers, men whom I admire enormously. So be it.

But, please, please, you self-righteously wrathful, spare me mention of our own Famine, with this or that lazy analogy. There is no comparison. Within 20 years of the Famine, the Irish population was down by 30pc. Over the equivalent period, thanks to western food, the Mercedes 10-wheel truck and the Lockheed Hercules, Ethiopia's has more than doubled.

Alas, that wretched country is not alone in its madness. Somewhere, over the rainbow, lies Somalia, another fine land of violent, Kalashnikov-toting, khat-chewing, girl-circumcising, permanently tumescent layabouts.

Indeed, we now have almost an entire continent of sexually hyperactive indigents, with tens of millions of people who only survive because of help from the outside world.

This dependency has not stimulated political prudence or commonsense. Indeed, voodoo idiocy seems to be in the ascendant, with the next president of South Africa being a firm believer in the efficacy of a little tap water on the post-coital penis as a sure preventative against infection. Needless to say, poverty, hunger and societal meltdown have not prevented idiotic wars involving Tigre, Uganda, Congo, Sudan, Somalia, Eritrea etcetera.

Broad brush-strokes, to be sure. But broad brush-strokes are often the way that history paints its gaudier, if more decisive, chapters. Japan, China, Russia, Korea, Poland, Germany, Vietnam, Laos and Cambodia in the 20th century have endured worse broad brush-strokes than almost any part of Africa.

They are now -- one way or another -- virtually all giving aid to or investing in Africa, whereas Africa, with its vast savannahs and its lush pastures, is giving almost nothing to anyone, apart from AIDS.

Meanwhile, Africa's peoples are outstripping their resources, and causing catastrophic ecological degradation. By 2050, the population of Ethiopia will be 177 million: The equivalent of France, Germany and Benelux today, but located on the parched and increasingly protein-free wastelands of the Great Rift Valley.

So, how much sense does it make for us actively to increase the adult population of what is already a vastly over-populated, environmentally devastated and economically dependent country?

How much morality is there in saving an Ethiopian child from starvation today, for it to survive to a life of brutal circumcision, poverty, hunger, violence and sexual abuse, resulting in another half-dozen such wide-eyed children, with comparably jolly little lives ahead of them? Of course, it might make you feel better, which is a prime reason for so much charity. But that is not good enough.

For self-serving generosity has been one of the curses of Africa. It has sustained political systems which would otherwise have collapsed.

It prolonged the Eritrean-Ethiopian war by nearly a decade. It is inspiring Bill Gates' programme to rid the continent of malaria, when, in the almost complete absence of personal self-discipline, that disease is one of the most efficacious forms of population-control now operating.

If his programme is successful, tens of millions of children who would otherwise have died in infancy will survive to adulthood, he boasts. Oh good: then what?I know. Let them all come here. Yes, that's an idea.

kmyers@independent.ie

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