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Every Bureaucrat Destroys 158 Jobs



 

ProfStOnge.com

An Auburn University study says every single regulator destroys fully 158 private sector jobs every year you keep him on the job.

With nearly 300,000 federal regulators, the shock is that we still have any jobs at all.

The Two Scariest Words in the English Language

A lot of the excitement around the Department of Government Efficiency -- DOGE -- focuses on the dollars saved. But more important is all the things the federal government destroys with those dollars.

Specifically, the millions of jobs destroyed by the two scariest words in the English language: federal regulators.

A few weeks ago I mentioned how DOGE under Elon and Vivek are taking aim at the regulatory mother ship that strangles the American economy and fuels the totalitarian administrative state -- you may remember it from Covid.

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Turns Out the H-1B "Lotto System" is Totally and Completely Rigged


 

Revolver.news

The H-1B “war” of 2024 is destined to go down in social media history. It’s equal parts productive and chaotic, with pro-foreign worker advocates like Elon Musk and Vivek Ramaswamy squaring off against America First MAGA forces. Ultimately, this debate is a healthy exercise for the America First movement, airing its internal conflicts—especially before Trump’s anticipated return to the White House.

That said, we shouldn’t throw the baby out with the bathwater. Vivek and Elon don’t need to be thrown to the wolves over this issue. Sure, they could use a crash course in America First principles, but they also deserve the opportunity to get creative and course-correct. A good starting point? Taking a hard look at the system they support and acknowledging just how disastrous it really is.

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Biden/Harris Commerce Secretary When Asked About Impending Strike With Huge Implications: ‘I Have Not Been Very Focused on That’


 

TheGatewayPundit.com

Gina Raimondo, the Biden/Harris commerce secretary, was recently asked on CNBC about the impending port worker strike and declared that she has not been focused on that. What exactly does this woman do all day, other than campaign for Kamala Harris?

Raimondo was in the news last week for suggesting that Democrats should ‘extinguish’ Donald Trump. She also has a track record of being shockingly unfamiliar with issues that are directly related to her job.

Financial experts are warning that this strike could cost the U.S. billions of dollars a day and severely slow the transport of goods across the country.

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Wall Street Admits the Biggest Economic Shocker: All Jobs in the Past Year Have Gone to Illegal Aliens


 

ZeroHedge.com

For much of the past year we had been pounding the table on two very simple facts:  not only has the US labor market been appallingly weak, with most of the jobs “gained” in 2023 and meant to signal how strong the Biden “recovery” has been, about to be revised away (as first the Philly Fed and now Bloomberg both admit), but more shockingly, all the job growth in the past few years has gone to illegal aliens.

We first pointed this out more than a year ago, and since then we have routinely repeated – againagain, and again – yet even though we made it abundantly clear what was happening…

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Javier Milei’s Common Sense Economics Fuel Confidence

Makes Argentine Peso the Best Performing Currency in the World


 

TheGatewayPundit.com

It’s one positive development after the other: economic improvements in a country’s economy are not magic, but rather the result of serious, unrelenting work.

It was just a couple of days ago when President Javier Milei told Argentines in a televised address the good and rare news: his government is successfully taming reckless public spending, which resulted in a rare – and welcome – first quarter budget surplus.

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Video: The Results of California’s New $20 Fast Food Minimum Wage Are Already In


Thousands of jobs have already been eliminated by California's law
to raise the minimum wage to $20 for restaurant workers, which goes into effect April 1.

 

Fee.org

For eight years, Michael Ojeda delivered food for a Pizza Hut in Ontario, California, using the income he received to support his family.

In December, the 29-year-old received a letter from the pizza franchise informing him that his employment was being terminated in February. The news shook him. 

“Pizza Hut was my career for nearly a decade and with little to no notice it was taken away,” Ojeda said, whose story was recently highlighted by the Wall Street Journal.

Ojeda appears to be just one of the thousands of casualties of a new California law that will raise the minimum wage for fast-food workers to $20 an hour on April 1 for all restaurant chains that have at least 60 locations nationally.

Making $20 instead of $15 sounds like a win, but economics shows there’s no such thing as a free lunch. California lawmakers just proved it.

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Video: US Debt of $30 Trillion Visualized in Stacks of Physical Cash


This video depicts what the US Debt would look like in stacks of physical cash in following sequence: $100, $10,000, $1 Million, $2 Billion, $1 Trillion, $30 Trillion The faith and value of the US Dollar rests on the Government's ability to repay its debt. "The money in the video has already been spent".

US Debt visualized info graphics article: http://demonocracy.info/infographics/...

 

 

 
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Javier Milei Delivers Argentina’s First Surplus in Over a Decade—and US Media Is Silent


The revelation that Argentina has done something the US government hasn’t done
in more than two decades—run a budget surplus—seems like a newsworthy event
So why the silence?

Fee.org

Argentines witnessed something amazing last week: the government’s first budget surplus in nearly a dozen years.

The Economy Ministry announced the figures Friday, and the government was $589 million in the black.

Argentina’s surplus comes on the heels of ambitious cuts in federal spending pushed by newly-elected President Javier Milei that included slashing bureaucracy, eliminating government publicity campaigns, reducing transportation subsidies, pausing all monetary transfers to local governments, and devaluing the peso.

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Biden’s Worst Executive Order On Unfettered Regulation Went Almost Entirely Unnoticed


IssuesInsights.com

In the flurry of President Joe Biden’s executive orders was one that was almost entirely overlooked but could easily end up having the biggest impact.

The order also seems harmless enough, going by the seemingly innocent title “Modernizing Regulatory Review.” Except this order isn’t about modernizing regulations. It’s about unleashing the regulatory state with a ferocity never before seen in this country.

Biden’s order – which didn’t get released to the press until late in the evening of his first day – aims to effectively toss the cost-benefit analysis that for many decades has served as at least a modest brake on the ambitions of regulators. In the past, regulations where the cost of compliance far exceeded the benefits could be stymied by the White House Office of Information and Regulatory Affairs.

Biden wants the review process instead to be “a tool to affirmatively promote regulations” and “to ensure swift and effective federal action” on everything from the pandemic, to the economy, to racial inequality, to the “undeniable reality and accelerating threat of climate change.” In other words … everything.

Clyde Wayne Crews, a regulation expert at the Competitive Enterprise Institute, said that Biden’s order is “likely to do away with cost-benefit analysis by elevating unquantifiable aims as benefits and deny costs of regulation altogether.” In doing so, it will “put weight on the scales of whether or not to regulate such that the answer will always be in the affirmative.”

The leftist Huffington Post cheered the news, calling Biden’s order “game changing” and saying “the memo could unleash a wave of stronger regulations to reduce income inequality, fight climate change and protect public health. Among left-leaning experts on regulation, it’s a signal that Biden could break with 40 years of conservative policy.”

The site quoted James Goodwin, a senior policy analyst at the Center for Progressive Reform, who said “I realize what I’m about to say to you sounds absurd. It has the potential to be the most significant action Biden took on day one.” 

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