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THEY’LL TURN US ALL INTO BEGGARS ‘CAUSE THEY’RE EASIER TO PLEASE: 1 in 4 Worry They’ll Lose Their Job In the Next Year. “The anxiety among American workers appears justified. Biden and his Democrat allies at the state and local level have made immigrant employment a top policy priority — a move that has suppressed the wages of American workers — in the name of combating inflation.”

THEY’LL TURN US ALL INTO BEGGARS ‘CAUSE THEY’RE EASIER TO PLEASE: Democrats Want To Fight Poverty, but Don’t Value Letting People Work. “All the welfare programs California Democrats can dream up won’t do as much as some commonsense reforms to let people who want to work, work.” People who work are less likely to vote Democrat than people who draw checks. This isn’t rocket science.

THEY’LL TURN US ALL INTO BEGGARS BECAUSE THEY’RE EASIER TO PLEASE: How Venezuela’s Repressive Government Controls the Nation Through Hunger.

The Venezuelan government has become one of the world’s cruelest teasers. It has created unspeakable hardships for the populace and, at the same time, is taking advantage of those hardships to introduce new forms of political control.

The proliferation of food lines is a perfect example of this teasing. Lines to buy groceries have become longer and more widespread. In a country with plenty of irritants, these food lines, hardly seen before 2010, have become Venezuela’s most aggravating political problem today.

You would think that food lines would prompt riots. And some rioting is occurring. But we are not seeing anything like a Venezuelan Spring in which protests envelop the country and lead to governmental change. Why? Because food lines have paradoxically given the government new mechanisms for keeping protests at bay.

Socialism is about caring.

THEY’LL TURN US ALL INTO BEGGARS ‘CAUSE THEY’RE EASIER TO PLEASE: What’s Killing Jobs and Stalling the Economy: A toxic regulatory brew, from Dodd-Frank to state licensing laws, has poisoned the formation of new firms that drive growth.

When thinking about what has stymied the U.S. economy, I sometimes recall a biology lesson about the role that cell death plays in explaining embryonic development and normal growth of adult tissue. In economics, as far back as Joseph Schumpeter, or even Karl Marx, we have known that the flow of business deaths and births affects the dynamism and growth of a country’s economy. Business deaths unlock resources that can be allocated to more productive use and business formation can boost innovation and economic and social mobility.

For much of the nation’s history, this process of what Schumpeter called “creative destruction” has spread prosperity throughout the U.S. and the world. Over the past 30 years, however, with the exception of the mid-1980s and the 2002-05 period, this dynamism has been waning. There has been a steady decline in business formation while the rate of business deaths has been more or less constant. Business deaths outnumber births for the first time since measurement of these indicators began.

Equally troubling, the latest analysis of Census Bureau data by the Economic Innovation Group points to the increasing concentration of new business formation in a smaller number of U.S. counties. The findings show that 20 counties account for half of new businesses and that most counties had fewer business establishments in 2014 than in 2010. Even accounting for so-called dynamic counties, the total number of firms in the U.S. remains lower than it was in 2004.

As the Economic Innovation Group shows, the 1990 recovery registered a net increase of over 420,000 business establishments, or a 6.7% increase. The numbers for the 2000 recovery were 400,000 and 5.6%. Since 2010, the number of new business establishments has grown by only 166,000 or 2.3%.

It’s not an accident.

THEY’LL TURN US ALL INTO BEGGARS ‘CAUSE THEY’RE EASIER TO PLEASE: ObamaCare and the ’29ers’– How the new mandates are already reducing full-time employment.

Here’s a trend you’ll be reading more about: part-time “job sharing,” not only within firms but across different businesses.

It’s already happening across the country at fast-food restaurants, as employers try to avoid being punished by the Affordable Care Act. In some cases we’ve heard about, a local McDonalds has hired employees to operate the cash register or flip burgers for 20 hours a week and then the workers head to the nearby Burger King or Wendy’s to log another 20 hours. Other employees take the opposite shifts. . . .

Because other federal employment regulations also kick in when a firm crosses the 50 worker threshold, employers are starting to cap payrolls at 49 full-time workers. These firms have come to be known as “49ers.” Businesses that hire young and lower-skilled workers are also starting to put a ceiling on the work week of below 30 hours. These firms are the new “29ers.” Part-time workers don’t have to be offered insurance under ObamaCare.

The mandate to offer health insurance doesn’t take effect until 2014, but the “measurement period” used by the feds to determine a firm’s average number of full-time employees started last month. So the cutbacks and employment dodges are underway.

The savings from restricting hours worked can be enormous. If a company with 50 employees hires a new worker for $12 an hour for 29 hours a week, there is no health insurance requirement. But suppose that worker moves to 30 hours a week. This triggers the $2,000 federal penalty. So to get 50 more hours of work a year from that employee, the extra cost to the employer rises to about $52 an hour—the $12 salary and the ObamaCare tax of what works out to be $40 an hour.

Moving to 33 hours a week costs the employer about $10 an hour more in ObamaCare tax. Look for fewer 30-35 hour-a-week jobs. The law that was sold as a way to help business and workers is thus yanking a few more rungs from the ladder of economic upward mobility.

How’s that hopey-changey stuff workin’ out for ya?

PLANNED IMPOVERISHMENT? “They’ll turn us all into beggars ’cause they’re easier to please.”

“THEY’LL TURN US ALL INTO BEGGARS ’cause they’re easier to please.” I ain’t gonna eat no government cheese.

ROGER KIMBALL: The mendacity of Joe Biden’s address to Congress: Biden is here to bring us MAPA: ‘Make America Poor Again.’ “The word ‘jobs’ occurred nearly 50 times in tonight’s address. But here’s an embarrassing fact. Donald Trump’s economic policies led to the lowest general unemployment in decades. They led to the lowest minority unemployment in our history. They also led to a robust rise in wages at the lower end of the scale. Joe did not mention any of that. Instead it was all Bernie Sanders-esque class warfare: raise taxes, eat the rich, take control of — well, everything.”

They’ll turn us all into beggars ’cause they’re easier to please.

Plus: “I thought at first that the few dozen people in the Capitol were wearing face masks. I didn’t consider the possibility that they were air-sickness bags.”

UPDATE: A friend comments: “Drop the ‘united’ shtick. You’re the most divisive president of my lifetime.”

JOEL KOTKIN: Why Democrats no longer talk about growth and what it means.

Until just a few years ago, the need for economic growth to sustain societies was almost universally acknowledged. This was not just gospel on the free-market Right. Whatever its failings, 20th century socialism was growth-oriented and espoused the notion, however poorly realized, that greater material progress was critical to expanding working-class wealth.

Now political leaders in France, Iceland, as well as the European Commission increasingly believe, along with influential economists such as Joseph Stiglitz, that growing the economic pie should be supplanted by such goals as better health care, less inequality, and fighting climate change.

Many, particularly on the environmental Left, go even further and advocate “de-growth,” essentially urging societies to consciously reduce their economic wealth. This agenda requires that energy, housing, food, and other consumption costs steadily increase, or be legally prohibited, so that ordinary people will be unable to eat meat regularly, use more energy, live in larger spaces, and travel freely. There’s even a quaint notion that we need to return to a more primitive state of existence, essentially cancelling out the progress of the last few centuries. America’s Green Party, for example, would seek to limit long-distance trade entirely in favor of a feudal economy that is “largely self-sufficient in the production of its necessities.”

Even in the United States, where growth has long been an unquestioned priority, virtually none of the leading Democratic candidates for President even mentions the word. Vice-President Joe Biden, the leading “moderate” in the Democratic party primaries, has explicitly stated that he would wipe out fossil fuel employment in the country to pursue a green agenda.

The American Left’s abandonment of economic growth marks a dramatic shift from the approach of Bill Clinton, or even Barack Obama. In the 1990s, progressives still believed that economic growth was indispensable for improving the lives of the middle- and working-class families. Now, rather than seek to outperform the somewhat more robust economy and modest uptick in blue collar jobs under President Trump, progressives focus mostly on identity issues, environmental piety, and income redistribution.

Fundamentally abandoning growth means the effective end of the old social democratic program. Many self-defined socialists—typically academics and media personalities rather than industrial union leaders—reject the fundamental Marxian emphasis on “materialism” in favor of low growth “sustainability.”

To be fair, that’s only because they hate the working class and want to destroy it, by transforming it into a dependent class of government handout recipients. They’ll turn us all into beggars ’cause they’re easier to please.

And the working class understands this: “It is no surprise that blue-collar workers, traditional a constituency of the Left, are deserting progressive parties for the likes of Donald Trump, and most recently, Boris Johnson. As socialist author Leigh Phillips has observed, the scarcity politics of the greens represents a form of class warfare. . . . Without economic growth, and the opportunity for people to rise up the class ladder, we will devolve, as Tocqueville warned, towards a class structure more favorable to ‘aristocracy’ and authoritarian rule.”

To wannabe aristocrats and authoritarians, that’s not a bug, it’s a feature.

NOW THAT’S REAL SOCIALISM: Venezuela Forced To Shut Down Production As Operations Fall Apart.

Venezuela’s oil production fell to an average of 1.392 million barrels per day in May, down another 42,000 bpd from a month earlier, according to OPEC’s secondary sources. However, with the crisis in Venezuela spiraling out of control at a horrific pace, the numbers from May might as well be a year ago.

The May numbers don’t reflect the full ramifications of having to deal with inadequate port capacity, after PDVSA diverted operations to Venezuela from its Caribbean island refineries and storage facilities following the attempt by ConocoPhillips to take control of them.

The problem of export capacity has become so acute that PDVSA is demanding customers send ships that can handle ship-to-ship loadings, since there is a backlog of ships trying to load up at the country’s decrepit ports. PDVSA is even considering declaring force majeure on contracts that it will be unable to fulfill. The upshot is that PDVSA might have only 694,000 bpd available for export in June, which is less than half of the 1.495 mb/d that it is contractually obligated to deliver this month.

To be sure, upstream operations are in crisis mode. But the bottlenecks at storage facilities and the ports have opened up a whole new crisis.

Related: Venezuela’s ‘millionaires,’ the new poor.

Elizabeth Torres is outraged, but as a Venezuelan she takes the affront in her stride. “We are a country of millionaires,” she says ironically, eyeing a carton of eggs in the market. Price? Three million bolivars.

“You are a millionaire because you have to pay that much, and for that you get 36 eggs, but the minimum salary is 2.6 million! With what you get every month, you can’t buy them,” she says.

It’s the great irony of the country’s cruel decline. Sitting atop the world’s largest reserves of crude, Venezuela — once Latin America’s richest country — is now a state of millionaires, but the millions are in bolivars and practically worthless.

According to the country’s leading universities, 87 percent of the population is now officially poor.

“They’ll turn us all into beggars ’cause they’re easier to please.”

PETER FERRARA: Economic Growth Is Not a Mystery, Yet It Eludes Democrats.

Obama fundamentally transformed America by following the opposite of every Reagan pro-growth policy:

Raised the top tax rate of every major U.S. tax, except the corporate rate, which was already the highest in the developed world;

Imposed draconian regulation on health care, finance and most importantly energy, just when America was emerging with the resources for energy independence to lead the world in production of oil, natural gas and coal;

Raised federal spending, deficits and debt to highest in American history by far;

Supported the Fed in wildly destabilizing monetary policy, with near zero interest rates for nearly a decade, and a flood of money held back by the Fed for now, which only further discouraged global investment in America.

This is why the economy never recovered from the 2008-09 financial crisis, and why instead we got the worst economic recovery from a Recession since the Great Depression, with only 2 percent economic growth. America’s historical record is that the worse the recession is the stronger the recovery, as the economy grows faster than normal for a couple of years to catch up to where it should be on the long-term trendline. That is why we should have come out of the financial crisis in a long-term economic boom, potentially stronger than even Reagan’s.

But to this day, eight years later, that still has not yet happened. Instead, we are still $2 to $3 trillion below where we should be.

This is why Democrats lost the 2016 election. Trump promised to restore Reagan’s pro-growth policies. Hillary promised more of the same Obama failure.

Democrats have yet to catch up with the rest of the world in realizing that socialism does not work. That Bernie Sanders’ throwback silliness continues to spread throughout the Democratic Party is costing it big time.

The difference between 4 percent real growth and 2 percent after 50 years is the difference between America and Third World stagnation.

They’ll turn us all into beggars ’cause they’re easier to please.

DEATH PANEL DISCUSSION: Obamacare Costs Skyrocket; When Does It Stop?

Middle-class households are finding more of their Obamacare costs are coming out of their own pockets.

Self-covered individuals are hit hardest, but employers providing coverage have fought back against rising costs by reducing plan benefits.

Deductibles are up 67% since 2010. That’s seven times more than wages. And the cost of prescription drugs is out of sight.

Read the whole thing, including some scary-ass charts from the Obamacare-lovin’ Kaiser Foundation.

They’ll turn us all into beggars ’cause they’re easier to please.

MORAL HAZARD: ObamaCare vs. The Self-Sufficient. Like the song says, they’ll turn us all into beggars ’cause they’re easier to please.

SALENA ZITO: Washington Reflects Victim, Entitlement Culture.

In today’s society, especially in large inner cities and affluent suburbs, we have been enabling at least two generations of Americans who do not know how to win in sports or in academics, by handing out rewards for everyone so no one’s feelings are hurt.

Parents and teachers alike obsess over the negative effects of a child losing any sort of competition, ignoring the critically valuable skills of teamwork, healthy sportsmanship and, most important, learning how to lose.

“It’s as if, as a society, we are embarrassed to award excellence for fear it will offend someone who is less than excellent,” said Bruce Haynes, a media partner at the bipartisan Purple Strategies consulting firm in Washington. “Rather than a drive to the top, it creates a drive to the bottom.”

In other words, if you build a better mousetrap, you might have to apologize to other mousetrap manufacturers, then to the Humane Society, for your accomplishment.

They’ll turn us all into beggars ’cause they’re easier to please.

MICHAEL BARONE: Soul-Crushing Dependency.

“This is painful for a liberal to admit,” writes liberal New York Times columnist Nicholas Kristof, “but conservatives have a point when they suggest that America’s safety net can sometimes entangle people in soul-crushing dependency.”

Kristof is writing from Breathitt County, Ky., deep in the Appalachian mountains, about mothers whose Supplemental Security Income benefits will decrease if their children learn to read. Kristof notes that 55% of children qualifying for SSI benefits do so because of “fuzzier intellectual disabilities short of mental retardation,” far more than four decades ago when SSI was just a new program.

Evidently SSI administrators decided to be more generous to parents of such children. But, as Kristof notes, giving parents an incentive to keep children from learning to read works against the children’s long-term interest.

Kristof’s column makes a point similar to that in my De. 2 Examiner column on the vast rise in people receiving Social Security Disability Insurance payments. As with SSI, one imagines that those responsible for extending benefits to those not previously eligible did so out of a sense of generosity. But as I noted, “there is also a human cost. Consider the plight of someone who at some level knows he can work but decides to collect disability payments instead. That person is not likely to ever seek work again, especially if the sluggish recovery turns out to be the new normal. He may be gleeful that he was able to game the system or just grimly determined to get what he can in a tough situation. But he will not be able to get the satisfaction of earned success from honest work that contributes something to society and the economy.” Generosity that produces “soul-crushing dependency” is not really generosity.

No, it’s not about generosity. It’s about power. They’ll turn us all into beggars ’cause they’re easier to please.