They’re heeeear
First day of of my PJM Convention coverage.
Believe nothing, no matter where you read it, or who said it, unless it agrees with your own reason and your own common sense.
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First day of of my PJM Convention coverage.
A new piece up at PJM.
A new piece on Pajamas Media.
A new article at Pajamas Media.
A new post on PJM.
A new piece up today at Pajamas Media.
Looking at it, I think I wish I’d have gone one graph deeper into the subject.
What I really want to make clear, and state as strongly as possible , is that this shows arithmetically that taxes are not the answer. No tax scheme, no matter how onerous or how liberal or how “conservative” or “reactionary” or “confiscatory” or “supply side”, can produce a surplus or reduce the debt unless the economy grows faster than expenditures. Any tax scheme, no matter how fair or unfair, will eventually produce a surplus and buy down debt, so long as the economy grows faster than expenditures. If you want universal health care, or immediate progress to colonies on Mars, or a government-provided pony for every little boy and girl, you have to make sure the economy grows fast enough to cover it. Over the long term, nothing else will work.
There’s been a page lurking over on the left for “The CORS Project: A Modest Proposal” for a while. I know it’s already been popular, thanks among other things to a link from my friend Tonya Miller, but I’ve been putting off bringing it to the front because it’s associated with a Pajamas Media piece.
Give it a look. I wrote it originally as a sort of reductio argument to show that lack of money wasn’t the schools’ major problem, at least as far as educating kids was concerned ( what else do schools do now, though?) but as I’ve thought about it, it seems more and more like it might just work.
Update: It turns out that Tom McClintock in California made a similar sort of argument. I think he was really on the track of something with this suggestion:
So I will begin by excluding from this discussion the entire budget of the State Department of Education, as well as the pension system, debt service, special education, child care, nutrition programs and adult education. I also propose setting aside $3 billion to pay an additional 30,000 school bureaucrats $100,000-per-year (roughly the population of Monterey) with the proviso that they stay away from the classroom and pay their own hotel bills at conferences.
In the mean time, the full text of my PJM article follows after the fold.
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My new article on Pajamas Media. Complete with annoying arithmetic error.
And a great plug from the boss!
… you need a filter: someone has to decide what to publish, and has to make those decisions based on how many copies they expect to be able to sell. Those people are called “editors,” and their job is to read all the incoming material, decide what is going to have the best chance of selling, and then determine how to promote each item in order to maximize the sales.
A new piece up on Pajamas media.