Friday, August 31, 2007

Karl's Weekend Reading

Lets start the three-day weekend off right!

You know it is election season when liberals start caring about the poor. Robert Rector at NRO offers some hard-to-swallow facts about America's "poor" in his Monday article, "Poor Politics: Edwards Poor "Plague" Examined".

46 percent of all poor households actually own their own homes. The average home owned by persons classified as poor by the Census Bureau is a three-bedroom house with one-and-a-half baths, a garage, and a porch or patio.

Larry Kudlow reviews the $127 BILLION spent on the Katrina recover ($425,000 per resident), and the differing philosophies, left vs. right, of disaster recovery in his Thursday Townhall article, "The Big Easy's Billion Dollar Boondoggle".

Think of this: The idea of using federal money to rebuild cities is the quintessential liberal vision. And given the dreadful results in New Orleans, we can say that the government's $127 billion check represents the quintessential failure of that liberal vision. Hillary Clinton calls this sort of reckless spending "government investment." And that's just what's in store for America if she wins the White House next year.

Remember President Reagan's line during the 1980 campaign about how LBJ fought a big-government spending war against poverty, and poverty won? Well think of all this Katrina spending as the Great Society Redux. And it failed. I suppose the current Bush administration would like to label this "compassionate conservatism." But guess what? That failed, too.

Right from the start, New Orleans should have been turned into a tax-free enterprise zone.

Kimberley A. Strassel has a must-read for every GOP candidate - for president, congress, and dog catcher. "What Women Want" is THE conservative approach, tailored to women. As always, Kimberly makes it simple. Lets see if anybody is listening...

Most married women are second-earners. That means their income is added to that of their husband's, and thus taxed at his highest marginal rate. So the married woman working as a secretary keeps less of her paycheck than the single woman who does the exact same job. This is the ultimate in "inequality," yet Democrats constantly promote the very tax code that punishes married working women.

You go, Kimberley!