Government: June 2004 Archive Page

June 26, 2004

Low Taxes Do What?

Those who complain loudly about how many jobs have been “exported” to other countries because of international free trade totally ignore all the jobs that have been imported to the American economy because of that same free trade. Siemens alone employs tens of thousands of American workers, and Toyota has already produced its ten millionth car in the United States. --Thomas Sowell --Low Taxes Do What? (Hoover Digest)
I'd never considered this perspective before. Here's another fascinating quote, an attempt to counter the meme that Regan cut taxes for the rich and soaked the poor, leading to defecit spending:
What Reagan’s “tax cuts for the rich” actually cut were the tax rates per dollar of income. Out of rising incomes, the country as a whole—including the rich—paid more total taxes than ever before.
As Sowell puts it, "Simple stuff like this is not very exciting for economists, and there is no payoff in one’s professional career for clarifying such things for the general public." That kind of explanation won't fit on a bumper sticker as easily as something designed to get you in the gut, like "AIDS: The Reagan Vietnam."

Sadly, I think that regardless of their political persuasion, this topic would probably put the average freshman comp student to sleep, so I won't bother Googling for a good counter-opinion to present as a pair of readings. Someday maybe I'll teach an upper-level rhetoric course...

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The Queen has allowed herself to be the subject of the first royal hologram. --Queen's holograph 'makes me look lost in woods' (Telegraph)
Thanks for the offbeat suggestion, Rosemary.

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Tiny, even microscopic, cameras, deployed ubiquitously, should worry us in any number of ways. Individuals will lose even more of their privacy. Companies will find it difficult to maintain traditional notions of trade secrets. And governments will confront a world in which, to some extent, people will spy on the official snoops, not just the other way around.

Technology has already led to some of these changes in what for the most part are relatively small ways compared with what's coming.

How can we respond appropriately? --Dan Gillmor
--How do we adjust when cameras are everywhere? (Sillicon Valley)

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The U.S. Army, riding the success of its action video game America's Army, has set up a video-game studio with industry veterans to write other kinds of software to simulate training for a variety of armed forces and government projects. --John Gaudiosi --Army Sets Up Video-Game Studio  (Wired)

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