“Anybody who wonders why the U.S. economy continues to stagger along with 9 percent unemployment and an anemic 2 percent quarterly growth rate need look no further than the U.S. Environmental Protection Agency.
Under President Obama’s hand-picked administrator, Lisa Jackson, EPA is hog-tying the economy with dozens of proposed major new rules. One of them, which is aimed at coal-fired power plants that generate electricity, will add at least $18 billion in compliance costs by 2020. As Kathleen White of the Texas Public Policy Center told the House Energy and Commerce Committee earlier this year, “never in its 40-year history has EPA promulgated — at the same time — so many costly new regulatory dictates. The rules on track to go into effect in the next three years could cost more than $1 trillion and result in hundreds of thousands of jobs lost.””
“Where’s the evidence President Obama can win the 2012 election?
Where’s the evidence that swing-voters even want to listen to him?
Barack Obama polls below 50 percent in every state that matters. The economy has stalled, unemployment is much higher than the official number of 9 percent, and Hispanics and African Americans are disappointed. The president’s approval ratings have tanked, and the right-track/wrong-track number fell of the cliff in the summer. Obama has reached the stage of political doom when voters’ disappointment is so deep that they just don’t want to listen to him, talk about him or watch him, said David Hill, a veteran GOP strategist and pollster, in an interview with The Daily Caller.”
“The Democratic debacle in Chicago had three consequences. First, the prospects for victory in 1968 were severely damaged. The Democrats were more divided than ever and the perception of the party, based on the convention, was negative. Thus, the ticket of Vice President Humphrey and Edward Muskie, a Senator from Maine, would begin the campaign having to “defend” a weakened administration and national party.
Second, in an effort to heal party wounds, Vice President Humphrey agreed to appoint a special commission to reform the party rules governing delegate selection and presidential nominations. Humphrey’s nomination was viewed by many as the product of the “back room” politics practiced by old-line party leaders. The commission, headed by Senator George McGovern of South Dakota and Representative Donald Fraser of Minnesota, would adopt substantial reforms and create the modern day marathon of primaries and caucuses.
Third, eight people were indicted for violating the anti-Riot Act of 1968. The specific charges were crossing state lines with the intent to incite, organize, promote, encourage, participate in, and carry on a riot and to commit acts of violence in furtherance of a riot. The defendants included Abbie Hoffman (leader of the Youth International Party or “Yippies”), Jerry Rubin (co-founder of the “Yippies”), David Dellinger (described as an evangelical Christian Socialist and anti-war activist), Tom Hayden (co-founder of Students for a Democratic Society), Rennie Davis (a national organizer for the SDS), John Froines and Lee Weiner, both activists. The trial judge eventually severed the trial of the last defendant, Bobby Seale (co-founder of the Black Panther Party) from the other defendants. Thus was born the Chicago 7.
The trial of the “Chicago 7″ was a circus. Bobby Seale, when still a defendant, was bound to a chair and gagged for his outbursts. The team of Hoffman and Rubin effectively “made a joke” of the ordeal. The jury acquitted Froines and Weiner who were charged not with conspiracy but with making incendiary devices (“stink bombs”). Hoffman, Rubin, Davis, Dellinger, and Hayden were found guilty but their convictions were later overturned by a Federal Appeals Court.”
“Moderately and highly skilled workers already cost more than this minimum to employ. Their employers will likely respond to the law by spending more on health benefits and reducing wages by a corresponding amount. The health care law will not increase their total compensation costs.
But it is an entirely different story for unskilled workers. Employers cannot reduce cash pay below the minimum wage. However, employers will not pay workers more than their productivity. No businesses will pay $14 per hour to employ a worker whose labor raises earnings by just $9 per hour. Businesses that pay workers more than their productivity quickly go out of business.
Employers hiring unskilled workers will respond to these higher costs in two ways. Many employers will forgo providing health benefits and dump workers onto the government health care exchanges. Doing so will incur a $2,000 penalty per full-time worker—far less than the cost of health premiums but still a $1 per hour increase in full-time employment costs.
The employer mandate will also encourage employers to replace full-time jobs with part-time positions. Obamacare does not penalize employers for not providing health benefits to part-time employees, so part-time positions will cost much less to fill than full-time positions.
Federal law gives employers a further incentive to hire unskilled workers only part-time. The law requires employers to offer the same health benefits to all full-time employees. If employers dump their less productive full-time employees into the government exchanges, they must dump the rest of their employees as well. However, hiring less skilled workers for part-time jobs does not restrict employers’ ability to offer health benefits to other workers. Many unskilled and inexperienced workers—those who produce less than $10.03 per hour—will find that employers will only offer them part-time jobs.”