Saturday, January 22, 2011

Surf's Up!!

Today's Internet waves

The media response to the Tuscon shooting, according to Le·gal In·sur·rec·tion, is a roadmap to how the media will work to destroy challengers to President Obama in 2012.   It is a good, logical exposition.  I have little doubt that such efforts will take place.

Speaking of liberal bias in the media, Bryan Caplan thinks we need to look at bias in the school system as well.

Political leaders in this country previously touted the Canadian  healthcare system as a model for the United States to follow.  Lots of people in this country thought such a model was inherently wrong to follow in terms of healthcare.  But instead of healthcare, maybe we should take a long hard look at how Canada has turned around their budget crisis
A federal government runs a large deficit. Deficits are so large that the ratio of federal debt to Gross Domestic Product (GDP) approaches 70 percent. A constituency of voters have gotten used to large federal spending programs. Does that sound like the United States? Well, yes. But it also describes Canada in 1993. Yet, just 16 years later, Canada’s federal debt had fallen from 67 percent to only 29 percent of GDP. Moreover, in every year between 1997 and 2008, Canada’s federal government had a budget surplus. In one fiscal year, 2000–2001, its surplus was a whopping 1.8 percent of GDP. If the U.S. government had such a surplus today, that would amount to a cool $263 billion rather than the current deficit of more than $1.5 trillion
Keith Olberman is leaving Countdown.  Supposedly the highest rated show on MSNBC, you have to wonder what will happen to the network.  I won't miss his "Worst Person" segments.

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