Tuesday, November 27, 2012

Politics

The people who voted in 2012 were significantly less educated than the people who voted in 2010. This tells me that educated people are dropping out of the electorate because they see voting is futile.

Forty states have one party rule, 25 Republican and 15 Democrat. Guess which states will improve and which will decline. There are some real differences between Republicans and Democrats at the state level.

Jamie Foxx calls Obama "lord and savior".

Even Mises.org gets the main point of the 2012 presidential election wrong.
"With the re-election of President Barack Obama, it is increasingly evident that the tax eaters outnumber the taxpayers in America. From food stamps to free cell phones, President Obama has achieved significant political success by putting more and more Americans on the government dole."
Of course Obama paid off special interest groups, but that isn't why he won. If it was, he would have received more votes than in 2008. Instead he received 9 million fewer votes, showing that his policies are turning more people off than bringing them in.
"While it is true that a wage gap between the sexes does exist, common sense and empirical evidence demonstrate that this difference is due to the various individual choices that men and women make with regard to compensation and labor-force participation. It is not caused by sexist employer discrimination."
"Instead of correcting an alleged injustice, additional equal-pay-for-equal-work legislation will only institutionalize wage controls, which neuter the market allocation of resources. Tragically, women, the targeted beneficiary of this supposed government beneficence, will become the primary casualty in the resulting chaos."
This is right.

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