Is This A Winning Issue?

Andrew Yang is running for President in the Democrat primary. He is currently polling at about 3 percent. He has some interesting ideas on changing the American culture.

Hot Air posted an article today about some of those ideas.

The article reports:

MSNBC held their latest “climate crisis” event for 2020 Democratic hopefuls yesterday and when Andrew Yang took the stage he brought up one possibility that all the candidates should weigh in on. When asked by the host what the world would look like in 2050 after the everyone began dealing with climate change and carbon emissions, he suggested that the end of private car ownership was probably on the horizon.

…Democratic presidential candidate Andrew Yang said the United States may have to eliminate private car ownership to combat climate change during MSNBC’s climate forum at Georgetown University Thursday morning.

He told MSNBC host Ali Velshi that “we might not own our own cars” by 2050 to wean the United States economy off of fossil fuels, describing private car ownership as “really inefficient and bad for the environment.” Privately owned cars would be replaced by a “constant roving fleet of electric cars.”

Somehow I don’t see this happening.

The article concludes:

There are two sides to this proposal, consisting of the practical and the political. Being as we are in the midst of a presidential race, the political may be more important in the short term. The fact is that the Democrats seem to keep coming up with ideas that may look good on paper at liberal cocktail parties but are not at all popular with the voters at large. Eliminating private car ownership is just such a proposal.

People love their cars. Nearly everyone realizes that they are expensive luxuries and account for too much pollution, but we still live in a car culture. It’s a status symbol and a totem of our freedom of movement. No matter how well-intentioned you may be, if you come along and say the government needs to take away all your cars, the public is going to be up on their hind legs. This is the way you lose elections.

On the practical side, I will grudgingly admit that Yang is probably at least partially correct about this. If he was saying there would be nothing but mass transit, that would be nuts. Mass transit simply isn’t practical for most of the country unless you live in a densely populated urban area. But he’s also picturing fleets of electric, driverless vehicles that anyone can summon when they need to go somewhere. Uber and Lyft are working on just such a plan right now and sooner or later it may become our new reality.

But having said that, electric vehicles still need to be powered. Until you answer the question of where you’re going to come up with all of the electricity needed to replace the power currently being generated by gasoline, you’re not going to be doing much for the climate. As I mentioned yesterday when talking about efforts in California to eliminate natural gas usage, the state derives roughly half of their electricity from natural gas plants. If all of the cars are suddenly running on electricity, they’re going to be burning a massively larger amount of natural gas to meet the demand.

Yet again, we’re seeing the Church of Climate Change forcing Democrats to toss out expensive, impractical ideas that most people will rebel against. And they can’t seem to help themselves.

There is a lot more to the relationship between Americans and their cars than transportation. Somehow I can’t see taking away our private cars as a winning idea. We also need to consider that American carbon emissions are only a part of the world’s carbon emissions. We are a small percentage of carbon pollution. Unless the countries that are not concerned about the environment cut their emissions, nothing we do will have much of an impact. Keep in mind that China and India, the world;s biggest polluters, we essentially exempt from the climate treaty for a number of years. Maybe the treaty wasn’t really about climate.

The Coming Election Impacts Foreign Policy

Yesterday The Washington Free Beacon posted an article about China’s plans to influence the 2020 presidential election.

The article reports:

In his conversation with Levin, Gertz (Washington Free Beacon senior writer Bill Gertz) reflected on his interview with Guo, who told Gertz earlier this week that the Chinese government has been deploying a prolonged campaign to defeat President Donald Trump in 2020. Gertz asserted the Chinese government may try to wait out Trump’s time in office so it can negotiate trade deals with a new Democratic president if Trump loses in 2020.

Trump announced Thursday he would impose an additional 10-percent tariff on certain Chinese exports as a trade agreement between the United States and China has yet to materialize.

“The China threat to me is the most serious threat facing the country,” Gertz told Levin.

He pointed to the economic integration between the U.S and China and how those relationships make it difficult for lawmakers and military officials to address Chinese aggression head-on, which he referred to as “an existential threat.”

The article concludes:

“There’s a major push right now to try and build up of American courses in Asia so we won’t have to go to war with China,” Gertz said of the government’s efforts to deter a war hypothetical war with China.

Looking towards the presidential race, Gertz warned the Chinese government would prefer to have a Democrat in the White House.

“It’s going to be a huge problem if the Democrats retake the administration,” Gertz said, pointing to former Vice President Joe Biden’s recent downplaying of threat China poses to the United States.

Gertz pointed out that during the Obama presidency the Chinese government expanded their presence in Asian waterways, in addition to ramping up their theft of intellectual property from American companies and entrepreneurs.

This may be the reason the negotiations with China have become so difficult–China is waiting for a President who will cave into their demands. It is obvious that President Trump is not that person.

By undermining President Trump since he was elected, the Democrat party has made international trade negotiations much more difficult. Creating an even playing field in trade with China would result in continued growth of the United States economy. It is time to repair the damage bad trade deals have done in the past.

The Numbers Behind The Numbers

The Stock Market climbed and the media rejoiced–the unemployment rate dropped to 7.5% in March–down 0.4 percentage points since January. At least it did not go up.

The New York Times reported yesterday that in spite of the fact that unemployment decreased and the economy added jobs, that since 2010 the number of Americans with jobs has stayed between 58.2 percent and 58.7 percent. Hot Air reported yesterday that the civilian workforce participation rate remained at a 34-year low of 63.3%.

Hot Air also reported:

…the number of people not in the workforce declined slightly in the Household data from March by 31,000. It’s still 632,000 higher than in February. Discouraged workers rose by 32,000 and marginally-attached workers rose by 21,000, both of which are relatively narrow shifts.

The New York Times reported:

Baby boomers are aging into retirement. Even before the recession, the government projected in 2007 that participation would decline to 65.5 percent by 2016, from 66 percent. But the April rate of 63.3 percent means the labor force has lost roughly five million additional workers.

Furthermore, the projections were wrong. Participation has actually risen among people older than 55. The decline is entirely driven by younger dropouts.

It is good that the unemployment number is down to 7.5%; however, we have a long way to go before we actually have a healthy economy. The two biggest challenges to the economy in the coming months will be the implementation of ObamaCare and the increased taxes that go with that implementation. We won’t really understand the financial impact of ObamaCare until late this year when people begin to plan for the tax rates of 2013 and when people begin to see ObamaCare directly affect their health insurance and health insurance premiums.

The article at Hot Air quotes Reuters:

Still, details of the report remained consistent with a slowdown in economic activity. Construction employment fell for the first time since May, while manufacturing payrolls were flat. The average workweek pulled off a nine-month high, but average hourly earnings rose four cents[.]

The New York Times article concludes:

There is always some unemployment. Millions of Americans are out of work at any given moment even in the best of times. But the economy is still roughly 10 million jobs short of returning to normal levels of unemployment and labor force participation. That’s a lot of missing jobs.

Some of those losses may be permanent. The number of Americans receiving disability benefits has increased by 1.8 million since the recession began, and people on disability rarely return to the work force, even if they would have preferred to keep working in the first place.

And as the economy improves, it is likely that labor force participation among older workers will finally begin to decline.

But the evidence suggests that the majority of the 10 million are just waiting for a decent chance.

Enhanced by Zemanta