The Kensington Review

9 February 2016


Cogito Ergo Non Serviam

Latest Commentary: Volume XV, Number 26

Democrats Should Fear Kasich in New Hampshire -- Today's New Hampshire primary doesn't mean a great deal in terms of delegates to be elected to the Republican and Democratic National Conventions. It's one of the least populated states. Where it will count is in who finishes top of the "sensible" candidates. Mr. Trump is a buffoon whom the majority of Americans dislike. Mr. Cruz is a hard-right yahoo who may not win all the GOP votes to be had in a general election. Among the others is a group of conservative pragmatists: Messrs. Rubio, Bush (Jeb!), Christie, and Kasich. That is the finishing order the Democrats should desire because Mr. Kasich is a real threat to them. [9 February]

Obama's $10 a Barrel Oil Tax is Wise, Dead on Arrival -- President Obama has proposed a $10 per barrel tax on oil, the funds from which would pay for investment in mass transit, self-driving and electric cars, high-speed rail and other relatively clean transportation. At a time when oil prices have dropped 70%, the tax is well-timed, and the purpose for which it is being raised is laudable. The only flaw with the idea is that Congress won't pass it. It's dead on arrival. [8 February]

US Unemployment Rate Falls to 4.9% -- The Nonfarm Payroll Report came out this morning giving the markets a snapshot of the employment picture in January. The American economy added 151,000 jobs, which was down markedly from 292,000 jobs created in December. However, it was sufficient to reduce the unemployment rate to 4.9%. Coupled with last month's GDP figures, showing a growth rate of just 0.7% for the fourth quarter of last year, the drop in the jobless rate is misleading. The US economy is not really booming these days. [5 February]

Gingrich, Daschle Offer Bipartisan Healthcare Improvements -- Without a doubt, the inability of the Democrats and Republicans to work together has the electorate in a snit. That the electorate is responsible for the heels being dug in is beside the point. A way to break this logjam comes from a rather unlikely pairing over an unlikely source of harmony. Former Speaker Newt Gingrich (R-GA) and former Senate Majority Leader Tom Daschle (D-SD) concerning the Affordable Care Act. It could serve as a model for future cooperation. [4 February]

Cameron's EU Deal Not Much to Brag About -- EU President Donald Tusk has written up a 16-page letter detailing the agreement Prime Minister David Cameron can take to the British people in the upcoming referendum. In the words of Aesop, the mountain has labored and brought forth a mouse. The Tory PM promised a major reform of the EU, its institutions and Britain's place in the EU. By any measure, the contents of Mr. Tusk's letter come up short. Those who want to leave the EU have a strong argument that the UK got nothing much out of the recent negotiations. However, the debate ought not to be whether the small changes in the Tusk letter are worthwhile but rather whether Britain in the EU is better off than Britain outside it. [3 February]

Copyright 2015 by The Kensington Review, Jeff Myhre, PhD, Editor. No part of this publication may be reproduced without written consent. Produced using Ubuntu Linux.


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