- BitsBlog - https://bitsblog.com -

Breakfast Scramble: The Return of the Misery Index

DavidL's Breakfast Scramble

Dumbo isn’t all there, from Victor Davis Hanson, National Review [1]:

In the world of Barack Obama, inflating tires and “tuning up” modern car engines precludes off-shore drilling. Four-dollar-a-gallon gas prices can be ameliorated by having the average consumer trade in his 8-mpg clunker. Medical bills soar because doctors unnecessarily rip out tonsils and lop off limbs. “Skyrocketing” power bills and bankrupt coal companies are abstractions, and do not involve personal tragedies.

[…]

I think a majority of Americans have now come to the above conclusions (as evidenced in the 2010 midterm election), and those in business, from the small entrepreneur to the captain of industry, have decided that it is wisest to sit out what is left of this administration, and wait to hire, buy, invest, and expand until someone at the top shows a basic knowledge of finance and economics, and some sympathy concerning what those in the private sector must contend with.

Dumbo’s economics, the Misery Index is back, from Investor’s Business Daily [2]:

Economy: As if the picture weren’t bleak enough, here’s one more data point to worry about — the Misery Index is on the rise.

[…]

It gained notoriety under President Carter, whose growth-choking, easy-money policies pushed the index to its post-World War II high. Now, under President Obama’s equally disastrous economic policies, the Misery Index is making its return.

Da Mayor speaks:

(Politico [3]) — In a major speech to the Council on Foreign Relations on Wednesday, New York City Mayor Michael Bloomberg will say the United States risks “national suicide” if it doesn’t adopt a more welcoming immigration policy.

“We will not remain a global superpower if we continue to close our doors to people who want to come here to work hard, start businesses, and pursue the American dream,” Bloomberg says in prepared remarks obtained by Playbook.

Hat tip:   Zip, Weasel Zippers [4].

i have dreams   I dream of having an American patriot as mayor of New York City and having a nation of no illegals.   If illegal aliens don’t like the way we treat them, they should just go home.

How that new tone working out? Who know organized labor in New Jersey was republican, from Moe Lane [5]:

Yeah.  When the first words out of your mouth include “Welcome to Nazi Germany,” (and you end by threatening to start World War III in your home state) you have a problem with your rhetoric.  Because, generally speaking, the ability to claim that one is in a fascist dictatorship and police state that ruthlessly suppresses dissent and persecutes minorities and get away with it is usually an unsubtle hint that one is in fact not in a fascist dictatorship, etc, etc, etc.  People who are actually in fascist dictatorships, etc, etc, etc, generally don’t bring up the subject in public.  And they certainly don’t do it over a loudspeaker.

Video:

Later.