Tag Archives: Jerry Bowyer

Jerry Bowyer: The Key Question on Trump and Russia

Shooting Florida

Let’s remember what all the Mueller, memo and FBI hubbub is about—the accusation that Trump colluded with Russia to get himself elected. One of the rules for determining who did something is to ask cui bono? Who benefits from the election of Trump?

 

Not Russia, that’s for sure.

 

The Trump trade has been terrible for Russia. We just published analysis at Townhall Finance which shows that Russia was the worst performing of the world’s 40 investible markets during Trumps 1st year in office. Poland—the Russian rival—was one of the best.

 

 

Trump policies have been highly detrimental to Putin’s interests. Most notable is Trump’s pro-energy stance, which Putin mouthpieces like cable outlet RT have been denouncing. If Trump really was elected by Russian money, it’s one of the worst investments any nation has ever made in human history.

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Jerry Bowyer: The True Meaning Of A Christmas Carol

Shooting Florida

“If they would rather die they had better do it, and decrease the surplus population.”

With that quote, Ebenezer Scrooge makes perfectly clear the true political message of “A Christmas Carol.” Dickens was writing amidst a wave of hysteria about population growth, triggered shortly before by Thomas Malthus, who argued that reproduction would exceed growth in food.

Scrooge was both anti-procreation and anti-marriage. He fell out with his nephew Fred simply because the latter decided to marry. When the ghost of Christmas present said that he had more than 1,800 brothers, Scrooge lamented that this would be a large family to provide for.

Of course Scrooge and Malthus turned out to be wrong and nephew Fred and Christmas Present turned out to be right. In 1800 there were roughly 1 billion people on planet earth, now there are almost 7 billion.

So, this Christmas season when your friends try to use a Christmas Carol as a club against capitalism, tell them the true meaning of a Christmas Carol, that there is no such thing as surplus people.

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Jerry Bowyer: ‘ Trump Trade ’ Will Be Over Without Tax Cuts

Shooting Florida

The stock market had a great run after the election of Donald J. Trump as president. This put egg on the face of many elite commentators who predicted that a Trump victory would be disastrous for the economy.

Indicators of economic optimism also improved, and some business activity indicators improved in response. But lately plans for tax reform have been splintering into competing versions.

Some GOP leaders seem willing to cave on key issues such as whether to cut rates for the highest bracket and whether to delay corporate tax reductions. In response markets have leveled off, and there are some signs that growth is sagging too.

It is imperative that tax cuts be passed now and implemented immediately. Republicans will get no credit from the electorate for bi-partisanship if they sail into the next election with a weak economy on the horizon. It doesn’t need to be fancy. But it needs to be soon.

We’re past the time for rhetoric: we need successful votes and tangible policy shifts, otherwise the famed ‘Trump Trade’ may well be over.

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Jerry Bowyer: America Is Indebted To Martin Luther

Jordan Peterson

500 years ago Martin Luther’s started a debate by nailing a document with 95 theological assertions to the door of the Wittenberg Cathedral, triggering the Reformation. No matter which side of that theological debate you’re on, you should be grateful for the ultimate effects of this action on Western liberty and prosperity.

Luther took existing strands of thought and weaved them together into a powerfully influential Biblical argument for freedom of conscience that ultimately laid the groundwork for our American 1st Amendment.

Many of these 95 assertions concerned economic exploitation. And Luther’s doctrine of the Priesthood of all believers helped to create a culture which honors hard work and innovation.

In the lands influenced by the Reformation, living standards have increased 100 fold; ordinary people who used to routinely die in their 30s, now often live into their 80s, and child mortality has gone from tragically common to increasingly rare.

Luther wasn’t perfect, but the good that he preached, is needed now as much as it was then.

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Jerry Bowyer: Tax Reform and a Chance to Make up for Lost Decade

Jordan Peterson

Last week, Republican leaders announced their tax reform plans.

The good news is that they’re pro-growth: US corporate tax rates are today the highest in the developed world, and our current system perversely punishes American companies for bringing profits back from their foreign sales. The GOP plan fixes that problem. It also cuts taxes for what has been labeled “flow through” businesses —small and family-owned businesses often use that form. My own family business uses it. The reason it’s important to cut taxes these types of small businesses is because American jobs are almost all created the same way: by small businesses becoming big businesses.

It’s been a pretty bad decade for the U.S. economy: a terrible recession followed by barely a whiff of a recovery.

That lost decade has cost us standing abroad and frayed the social fabric at home. We can end that by embracing the growth model of JFK, Reagan and Gingrich/Clinton.

Americans can’t afford another lost decade.

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Jerry Bowyer: Time For Idle Hands to Get to Work

Jordan Peterson

Virtually all Americans agree that the KKK is a vile, racist group has no place in contemporary public debate.

What constructive action can we take?

If you really hate the KKK, then cut taxes. Data show that poor economic performance enflames racial tension. According to Gallup polling, after the Bush tax cuts racial anxiety went down. But since 2010 anxiety has been rising—rapidly. One reason for that is that the U.S. has been growing at half its historic rate.

When JFK proposed tax cuts in the early 60s, those cuts were opposed by southern segregationists. Senator Robert Byrd threatened a filibuster if Kennedy put forth both a tax cut and a civil rights bill. He knew that lowering taxes would increase growth, causing businesses to hire more African Americans.

Our growth-less recovery has helped spawn high unemployment among youth and minorities—fueling a spike in extremist groups of both left and right.

It’s time to cut taxes and get those idle hands to work.

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The Impeachment Crusade Is Costly

Jordan Peterson

Over the past six weeks or so, there has been a steady drumbeat of impeachment talk from the elite press and the opposition party.

As a result:

• Google searches on “impeachment” have spiked by 1,200 percent per day.

• London odds makers have raised the odds that Trump will not finish out his term by 21 percent.

• And the stock market? The seven weeks after Trump was elected, markets exploded upward 8.3 percent. But in the same period of time after the impeachment push, it has gone up by only 1 ½ percent.

There is little doubt that the effort to keep impeachment on the table is hurting markets, which means it’s hurting retirements, pensions and college savings programs.

If there were proof of wrongdoing, then of course, justice counts more than money. But Americans should not be forced to endure even more economic stagnation for the sake of scoring higher ratings and political points by the Trump opposition.

Simply put: The impeachment crusade is costing you money.

 

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