Actually, I think if current trends continue, I could imagine in 2030 a group of Chinese prisoners under guard working in a rice field. A passerby yells out, “What did they do?” A guard growls at one of the prisoners, “Wang, tell him what all of you did!” Wang sheepishly yells out, “We are the economic advisors who thought that American debt made for a good investment!” As the screen fades, the passerby has to be physically restrained by the guard from attacking Wang.
A while back Harvard economist Greg Mankiw caused a bit of a kerfufle when he noted that the amount of tax revenues raised by the United States per capita wasn’t much different than the amount raised in Europe. Tax rates in the United States are lower than in Europe, but per capita income is also higher in America, and the two facts seem to largely cancel each other out. Here, for example, are the per capita tax revenues for a handful of developed countries:
France .461 x 33,744 = 15,556
Germany .406 x 34,219 = 13,893
UK .390 x 35,165 = 13,714
US .282 x 46,443 = 13,097
Canada .334 x 38,290 = 12,789
Italy .426 x 29,290 = 12,478
Spain .373 x 29,527 = 11,014
Now granted, European countries tend to spend their tax revenues differently than we do in the U.S. For example, we spend more on defense, whereas they spend more on welfare. However, to some extent Europe’s apparently larger welfare state is an optical illusion. It looks bigger than it is, because the rest of the economy is so small.
Happy Independence Day, folks! — Here is a roundup of some choice reads as we commemorate the birth of our nation:
- Because it’s worth reading again: The Declaration of Independence – view high-resolution images of the original. (This is a part of the “Charters of Freedom”, an exhibit of the National Archives, on the documents that shaped our history.
- Catholic Sources and the Declaration of Independence by Rev. John C. Rager. The Catholic Mind XXVIII, no. 13 (July 8, 1930), looks at synergies between the thought of Aquinas and Bellarmine and that expressed in the Declaration, asking: “Did Jefferson know of Bellarmine?”? (In How Catholic is the Declaration of Independence?, Commonweal takes a look at the “Scholastic-roots-of-democracy theory”; and CatholicHistory.net provides a bibliography on Catholics and the American Founding).
- Learn about Charles Carroll — America’s Catholic Founding Father (Against The Grain).
- What do Pope John Paul II and Pope Benedict XVI think about the American Founding?.
- Discover the riches of The Federalist Papers – by way of a commentary by Paul Zummo (The Cranky Conservative), who maintains: “I absolutely believe that an understanding of the Federalist Papers is essential for understanding the U.S. Constitution and, therefore, understanding America.”
- Listen to Johnny Cash recite “I am the Nation”.
Following are two books which I heartily recommend for some engaging historical reading of the American Revolution and our founding fathers. Read the rest of this entry »
Kathryn Elizabeth “Kate” Smith (May 1, 1907 – June 17, 1986) was an American singer, best known for her rendition of Irving Berlin‘s “God Bless America“. Smith had a radio, television, and recording career spanning five decades, reaching its pinnacle in the 1940s.
Smith was born in Greenville, Virginia. Her professional musical career began in 1930, when she was discovered by Columbia Records vice president Ted Collins, who became her longtime partner and manager. Collins put her on radio in 1931. She appeared in 1932 in Hello Everybody!, with co-stars Randolph Scott and Sally Blane, and in the 1943 wartime movie This is the Army she sang “God Bless America”.
Late in the following video you’ll see a young Lt. Ronald Reagan make a cameo. 39 years later President Ronald Reagan awarded Kate Smith the Presidential Medal of Freedom America’s highest civilian honor.
God mend thine every flaw,
Confirm thy soul in self-control,
Thy liberty in law!
As we celebrate our Independence from the British Empire, let us remember our total dependence on God.
President Obama has replaced General McChrystal with General Petraeus.
I haven’t really thought too much about General McChrystal’s comments regarding President Obama, but I am of the mind that American generals should have complete respect for the authority and the office of the presidency while in uniform. We are the United States of America, not a second rate banana republic.
General McChrystal should have been smarter than to express his negative opinions of President Obama, though harmless, it is a small step towards chipping away of the established civilian controlled military.
I am almost feeling sorry for my fellow Hawaiian Barry Obama. His healthcare push has grinded to halt his legislative agenda and the oil spill is ruining his presidency. He’s certain to lose one or both houses of congress this November and then General McChrystal’s expresses his private sentiments of an inexperienced presidency which most Americans are coming around to view him as.
The following is a column written by Tom Hoffman of the American Thinker.
The culture war begun in the sixties has, in large part, been won by the left. Nowhere is this clearer than in the feminization of men. The virtues of manhood which had been extolled and celebrated throughout the middle ages right up to the 1950s have been completely expunged from academia and pop culture. The baby boom generation was the last to be taught the values of rugged individualism, risk-taking, courage, bravery, loyalty, and reverence for tradition. John Wayne epitomized the rugged individual who was committed to fighting “the bad guy,” but he was only one of a whole host of competing figures cut out of the same cloth. What happened?
Today, the Boy Scouts are fighting the last battle in a lost cause. Any man who stands up to the “women’s movement” is completely marginalized as a sexist and homophobe. These names have become just as stigmatizing as “racist” used to be. It is no wonder that women now are the majority of college graduates and are increasing their role in every institution from private enterprise to public service, including the military. Is this a healthy trend? The answer is clearly “no.”
Edward Gibbon chronicles the increasing femininity of the Roman Empire in his six-volume work, The Decline and Fall of the Roman Empire. He catalogues the progressive decadence that rendered the once-proud republic into spoils for barbarian hordes. The consuls in the early republic, who were warrior-generals adhering to a strict code of honor, gradually gave way to the backroom emperors who were no more than brazen criminals and thugs. It is the same script in all noble human enterprise: The fabric which bred success is torn apart by the complacency of the successful. When warfare is demonized as violence and negotiation is raised to an art, the end is near. Today, we are there.