March 5, 2013

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David Harsanyi has written a new book – Obama’s Four Horsemen.

… The Four Horsemen of the Apocalypse? The Book of Revelation? Fire? Brimstone? Armageddon? The Last Judgment?

Really, David? Yes, really.

As metaphors go, it’s an entirely apt one. To begin with, Conquest, Famine, War, Death—the four horsemen of the Obama Era— are coming, and they are coming in the form of a national debt disaster, an epidemic of government dependence, an erosion of our world standing, and a nihilistic view about the value of human life. If our federal government had been inclined to do anything to avoid these impending catastrophes—and I’m not sure it ever was—that day has now passed. Barack Obama’s reelection ensures we’ll be deal- ing with some level of societal instability and economic calamity in the future. No, these calamities won’t transform us into Bangladesh, and they won’t mean the United States will cease to exist. They will only mean that this particular iteration of the United States will be no more.

Change, of course, doesn’t always imply impending disaster. Americans seldom accept that terrible events can befall them. We have solid reasons not to. Truth is, I have always been somewhat of a utopian regarding our prospects. I operated under the rosy assumption that our free markets, individual liberty, technological superiority, astonishing wealth, and Constitutional protections (however eroded they may have become) would allow us to adapt to or over- come nearly anything—recessions; wars; terror attacks; demographic shifts; environmental disaster; and, the most treacherous of all threats, Washington. Regrettably, I underestimated Washington.

President Barack Obama didn’t invent the impending disasters America faces—not our debt problem, not our welfare state—but he did accelerate nearly every one of them. It’s not only that the president’s progressive politics have battered economic dynamism, ham- strung capitalism, and discredited the importance of meritocracy; it’s that, in the Obama era, the relationship between the average American citizen and his government has been transformed forever into something unhealthy.

Using frightening religious symbolism in this political argument also makes sense because Obama has consistently portrayed his political aims as the great moral cause of our time, one that pits the highway to hell forces of decency and empathy against the self-serving profiteers of the old guard. His central case for government’s existence rests on the notion that the state is society’s moral center, the engine of prosperity, and the arbiter of fairness. Obama treats government as a theocrat treats his Church—but he’s got an army and the Internal Revenue Service to ensure your participation. …

 

 

As long as there is a Texas, there is hope. City Journal on the growth machine there.

The American economy has had little to cheer about since the 2008 financial meltdown and the resulting recession. Recovery has been feeble, and many states continue to struggle. One bright spot in the general gloom, however, is Texas, which began shining long before 2008. Not only has Texas created jobs at a stunning rate; it has also—pace critics like the New York Times’s Paul Krugman—created lots of good jobs. Indeed, the rest of the nation could turn to the LoneStarState as a model for dynamic growth, as a close look at employment data shows.

The first thing to point out is that Texan job creation has far outpaced the national average. The number of jobs in Texas has grown by a truly impressive 31.5 percent since 1995, compared with just 12 percent nationwide, according to Bureau of Labor Statistics data (see Figure One). Texas has also lapped California, an important economic rival and the only state with a larger population. The Texas employment situation after the financial crisis was far less spectacular, of course, with the number of jobs growing just 2.4 percent from 2009 through 2011. But that was still six times the anemic 0.4 percent growth rate of the overall American economy. 

The National Establishment Time-Series (NETS) Database, which provides detailed information on job creation and loss for firms headquartered in each state, can tell us more about Texas’s employment growth. NETS data are divided into two periods—the first from 1995 to 2002, the second from 2002 to 2009. During the 2002–09 period, small businesses of fewer than ten employees were the Texas employment engine, adding nearly 800,000 new jobs; of those, about three-quarters were in firms with two to nine employees, as Figure Two indicates. Larger Texas companies—those with 500 or more employees—lost a significant number of jobs over this span, and medium-size firms likewise shrank, trends that also showed up on the national level.

Figure Three, shifting back to Bureau of Labor Statistics data, shows that many of the new Texas jobs paid well. Indeed, Texas did comparatively better than the rest of the United States from 2002 through 2011. For industries paying over 150 percent of the average American wage, Texas could claim 216,000 extra jobs; the rest of the country added 495,000. In other words, the LoneStarState, with 8 percent of the U.S. population, created nearly a third of the country’s highest-paying positions. Texas also added 49,000 positions paying 125 percent to 150 percent of the U.S. average; the rest of the country lost 174,000 jobs in that category. As Figure Four shows, two sectors in which Texas employment did particularly well during the same period were natural-resource extraction (in fact, the state gained 80 percent of all new jobs in the country in that field) and professional, scientific, and technical positions. Both job categories boast average wages far higher than the national overall average. As happens whenever an economy grows, Texas also added hundreds of thousands of positions in food services, health care, and other lower-paid fields, in addition to the more lucrative jobs. Texas did lose 10,000 construction jobs, but that was a modest downturn, in light of the massive national slowdown in building caused by the crisis of 2008. …

 

Smithsonian Magazine on the true life story that inspired Moby Dick.

In July of 1852, a 32-year-old novelist named Herman Melville had high hopes for his new novel, Moby-Dick; or, The Whale, despite the book’s mixed reviews and tepid sales. That month he took a steamer to Nantucket for his first visit to the Massachusetts island, home port of his novel’s mythic protagonist, Captain Ahab, and his ship, the Pequod. Like a tourist, Melville met local dignitaries, dined out and took in the sights of the village he had previously only imagined.

And on his last day on Nantucket he met the broken-down 60-year-old man who had captained the Essex, the ship that had been attacked and sunk by a sperm whale in an 1820 incident that had inspired Melville’s novel. Captain George Pollard Jr. was just 29 years old when the Essex went down, and he survived and returned to Nantucket to captain a second whaling ship, Two Brothers. But when that ship wrecked on a coral reef two years later, the captain was marked as unlucky at sea—a “Jonah”—and no owner would trust a ship to him again. Pollard lived out his remaining years on land, as the village night watchman.

Melville had written about Pollard briefly in Moby-Dick, and only with regard to the whale sinking his ship. During his visit, Melville later wrote, the two merely “exchanged some words.” But Melville knew Pollard’s ordeal at sea did not end with the sinking of the Essex, and he was not about to evoke the horrific memories that the captain surely carried with him. “To the islanders he was a nobody,” Melville wrote, “to me, the most impressive man, tho’ wholly unassuming, even humble—that I ever encountered.”

Pollard had told the full story to fellow captains over a dinner shortly after his rescue from the Essex ordeal, and to a missionary named George Bennet. To Bennet, the tale was like a confession. Certainly, it was grim: 92 days and sleepless nights at sea in a leaking boat with no food, his surviving crew going mad beneath the unforgiving sun, eventual cannibalism and the harrowing fate of two teenage boys, including Pollard’s first cousin, Owen Coffin. “But I can tell you no more—my head is on fire at the recollection,” Pollard told the missionary. “I hardly know what I say.” …