FT164: “If the poor ever stopped being poor the Democrats would have trouble winning elections.” —Old Pithy

Posted by PITHOCRATES - April 5th, 2013

Fundamental Truth

There is no Greater Killer of Poverty than a Job-Creating Free Market Economy

A lot of people vote Democrat because of the perception that the Democrats are for the little guy.  The working man.  The poor.  The disenfranchised.  The sick.  The maimed.  Children.  Women.  Minorities.  Gays.  Lesbians.  Etc.  While Republicans are for rich white men, bankers, corporate executives, Wall Street investors, etc.  Democrats care about people.  While Republicans care about profits.  Democrats good.  Republicans bad.  At least, that’s the common perception in much of America.

The working man.  That’s who the Democrats are for.  The working man.  And what exactly does ‘the working man’ mean?  It means men who are working.  Obviously.  (We’re using the term ‘working man’ because it’s long been part of the lexicon of the Democrat Party.  But we include both men and women when using the expression ‘the working man’.)  The Democrats champion unions to protect the working man.  And to show their gratitude the unions put all their financial support behind Democrat candidates.  So putting people into good jobs is a very important mission for the Democrat Party.  At least that is the perception.

Jobs.  They are important.  For there is no greater killer of poverty than a job.  Countries that have advanced free market economies have plenty of good-paying jobs.  Where much of the populace lives well above poverty.  Like in Chile.  After Milton Friedman and the Chilean economists known as the ‘Chicago Boys’ ignited free market principles in Chile starting in 1973.  Countries that don’t have advanced free market economies have few good-paying jobs.  Where much of their populace lives in abject poverty.  Such as in Haiti.  And these prosperity/poverty levels impact more than just day-to-day life.

The United States has a High Standard of Living because of a Business-Friendly Environment

Chile suffered a magnitude 8.8 earthquake in 2011.  One of the largest earthquakes ever to be recorded in history.  It claimed approximately 525 lives.  Haiti suffered a magnitude 7.0 earthquake in 2010.  Less powerful than the Chilean earthquake.  Yet the Haitian earthquake claimed approximately 220,000 lives.  The difference between these two death tolls?  More people have good-paying jobs in Chile than they do in Haiti.  Giving Chile a more advanced free market economy.  And better building codes and standards.  Allowing them to survive a stronger earthquake with less loss of life.

This is what jobs give you.  Working people have money to spend.  And working people have money to pay taxes.  Which can lift people out of poverty.  And lift nations out of poverty.  Which is why the United States has such a high standard of living.  Their economy became the number one economy in the world because they had so many jobs.  Thanks to a very business-friendly environment.  The Americans encouraged entrepreneurship.  And supported it with a sound banking system that encouraged capital formation.  Thanks to all those workers saving some of their earnings for the future.  Savings that provided the capital that built America.

So jobs are good.  And providing jobs for the working man is even better.  Because that’s what a working man wants.  A job.  So the Democrats, then, should be all about job creation.  If they are for the working man.  As is the perception.  But is this perception correct?  Well, if you determine that by the number of jobs they’ve created, no.

The Obama Policies are Business Unfriendly to Keep People Poor so the Democrats have Someone to Champion

Before George W. Bush became president in 2001 there were 210,743,000 in the civilian non-institutional population (see Employment Situation Archived News Releases).  Basically those who could have a job.  Of those who could have a job there were 141,489,000 in the civilian labor force.  By the time Bush left office there were 154,587,000 in the civilian labor force.  An increase of 13,098,000 to the civilian labor force.  Which is an increase of 1,637,240 annually.  Or 136,438 monthly.  So this is what a Republican did for the working man.  Now let’s see what a Democrat did.

Before Barack Obama became president in 2009 there were 154,687,000 in the civilian labor force.  At the end of March 2013 there were 155,028,000 in the civilian labor force.  An increase of 441,000.  Which is an increase of 103,765 annually.  Or 8,647 monthly.  The Bush economy created more jobs in a month that the Obama economy created in a year.  In fact, for every job the Obama economy created the Bush economy created 15.8 jobs.  So if you determine who is for the working many by who gives the working man more of what he wants, jobs, it is clear that the Republican is for the working man.  Not the Democrat.

No, President Obama’s economic policies are not business-friendly.  They are decidedly unfriendly to business.  Even punitive.  Which is why there has been no real job creation with the Obama economic policies.  Wall Street may be doing well.  The stock market may be doing well.  But the working man sure isn’t.  In fact, those who are doing well in the Obama economy are rich white men, bankers, corporate executives, Wall Street investors, etc.  So if the Democrats are not for the working man who are they for?  Poor people.  In fact, they love poor people so much that they work hard at keeping them poor.  Giving them a meager government handout instead of a job.  Which is how they win elections.  By giving poor people free stuff.  And if the poor ever stopped being poor the Democrats would have trouble winning elections.  Which is why the Obama economic policies are so business unfriendly.  So there are always poor and impoverished people they can champion.

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Earthquake and Tsunami Devastate Japan

Posted by PITHOCRATES - March 11th, 2011

Have they no Shame?

It’s started.  Even before the aftershocks stopped.  The global warming crowd is blaming man for Japan’s earthquake (see Some respond to Japan earthquake by pointing to global warming by Amanda Carey posted 3/11/2011 on The Daily Caller).

Hours after a massive earthquake rattled Japan, environmental advocates connected the natural disaster to global warming. The president of the European Economic and Social Committee, Staffan Nilsson, issued a statement calling for solidarity in tackling the global warming problem.

“Some islands affected by climate change have been hit,” said Nilsson. “Has not the time come to demonstrate on solidarity — not least solidarity in combating and adapting to climate change and global warming?”

“Mother Nature has again given us a sign that that is what we need to do,” he added.

Of course, he is counting on that the rest of the world being as ignorant as he is.  Global warming doesn’t cause earthquakesTectonic plates shifting along fault lines do.  It’s a completely different science.  If you can call global warming science.  Which, based on his statements, you can’t.

Shame on these people.  Rubbing their hands together in glee whenever some horrible act of nature occurs that they can politicize.

8.9 Magnitude Earthquake hits Japan

The 8.9 magnitude earthquake is the biggest yet to hit Japan.  Since they’ve been keeping records, at least.  It’s caused some incredible devastation.  And a tsunami.  But it’s something Japan was prepared for.  And she will survive.  Because she has done it before (see Daybreak reveals huge devastation in tsunami-hit Japan by Edwina Gibbs and Chisa Fujioka posted 3/11/2011 on Reuters).

The quake surpasses the Great Kanto quake of September 1, 1923, which had a magnitude of 7.9 and killed more than 140,000 people in the Tokyo area.

The 1995 Kobe quake caused $100 billion in damage and was the most expensive natural disaster in history.

This time the death toll will not be anywhere near what it was in 1923.  Thank God.  The cost will be severe, though.  But it’s better to face that then hundreds of thousands in deaths.  Like they had in Haiti.  With their 7.0 magnitude quake.  Over 300,000 thousand died there.  Why?  Because of their poverty and political corruption.  For poverty is the leading cause of death in the world. 

Japan is an advanced nation.  A nation of laws.  With a strong economy.  Her people are prosperous.  Making life better for everyone.  Because of this, her people worked in buildings designed to withstand the power of earthquakes.  And a lot of them did.

Free-Market Economies are Safer to Live In

In advanced nations with strong, free-market economies, people come first.  These economies, after all, respond to consumer demand.  Safety matters.  So they build things safe.  Because the people matter.  And they demand it.

Contrast that with a command economy.  In National Socialist Germany (i.e., Nazi Germany), the state came first.  And the state didn’t hide that fact.  People were expendable.  Their needs were subordinated to the state’s.  Ditto for their enemy.  The Soviet Union.  In fact, when the Red Army was on the move, the infantry advanced ahead of their tanks.  To protect their tanks from land mines.  You see, with their vast population, it was easier to replace people than tanks.  For their people were an expendable resource.

This mindset no doubt played a role in the Soviet economy.  And their nuclear program.  What happened at Chernobyl could not have happened in the United States.  The Chernobyl nuclear reactor design was flawed.  And there was no containment vessel.  Safety was not a driving design criteria.  That’s why during testing the reactor core heated beyond control.  And exploded.  Without a containment vessel, that explosion threw up radioactive waste into the atmosphere and across Europe.  This did not happen at Three Mile Island.  Because in our free market economy, people come first.  So we build things safe.

Japan’s Nuclear Power Plants Overheating

Some of Japan’s nuclear reactors are having problems.  They’re overheating.  It’s nothing to do with their design.  In fact, it’s their design that has kept them this safe so far after an 8.9 magnitude earthquake and up to 7 (and still counting) aftershocks measuring 5.2 or stronger.  It was the one-two punch of mother nature.  The earthquake took out the primary electrical power.  Then the tsunami washed out their backup generators (see Report: 2 Japanese plants struggling to cool radioactive material by the CNN Wire Staff posted 3/11/2011 on CNN World).

The International Atomic Energy Agency said Friday on its website that the quake and tsunami knocked out the reactor’s off-site power source, which is used to cool down the radioactive material inside. Then, the tsunami waves disabled the backup source — diesel generators — and authorities were working to get these operating.

A double failure of low probability.  In power redundancy, it is common to have two electrical services from two independent electrical grids.  The plant can operate split over both or entirely on one or the other.  That’s one level of redundancy.  Should both of these sources go out (which in itself is a low probability), then there are on-site diesel generators.  Completely independent and self contained.  So no matter what happens with the offsite electrical sources, the generators can provide electrical power.  That is, unless they’re submerged in seawater.  Nuclear power plants may also have a battery backup as well.  Of course, batteries only last so long.  And don’t do well submerged in seawater.

Nuclear reactors boil water to make steam to produce electricity.  The boiling of this water is what cools the reactor core.  Even with the reactors shut down there is still residual heat that will grow unless the cooling pumps keep running to circulate water around the core.  And this is the problem they’re having.  The cooling pumps aren’t running.

This won’t be another Chernobyl

The disaster that hit Japan would have destroyed a lesser nation.  They need help.  And we should give it.  Whatever they need.  But in the end, they will shake this off and go on with life.  Because they are a people who can take pretty much whatever life throws at them.  Let’s just hope they can get those cooling pumps running again.  They have good designs.  Good operating procedures.  Good safety measures in place.   And some of the best nuclear people in the business.  This won’t be another Chernobyl.

Let’s help Japan.  And keep the Japanese in our prayers.

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