RSSBad and Good News from across the Pond
Gene Lalor | May 27, 2010
Britain’s day in the sun has largely passed. The glory days of the vaunted British Empire are long gone and the sun regularly sets on it.
Still, in its waning years as Islam continues to gain stronger footholds throughout England in its quest to Islamicize the nation, Great Britain if no longer great still serves as a bellwether for both bad and good trends in America.
For example, Britain has long been a safe haven for abortion and abortionists and the procedure is relatively common though numbers show a very slight decrease in the last year; almost all are funded by the socialized health care program known as the National Health Service or NHS.
Nevertheless, even mad dogs and Englishmen sustained a shock to their sensibilities with the revelation that some British women practice abortion with the same casualness as they approach an afternoon of tea and crumpets.
Of a total of 189,100 abortions (with 2,094 involving girls under 15) in England and Wales in 2009, a shocking 48 were performed on women who have had seven or more abortions and another 3,630 on women who were chalking up their fourth, fifth, or sixth “terminations:” http://tiny.cc/xg7ec
Other methods of birth control are readily available but apparently thousands of women prefer to abort rather than use them, especially since the NHS is picking up the tab.
On the good news front, Britain’s new Work and Pensions Secretary Iian Douglas Smith has declared the 60 year old free ride for welfare recipients is over; as he indelicately put it, the system is “bust.”
Continuing to spend 14% of its national income to sustain its welfare state is unacceptable, he said, and he also told the Daily Mail that “the unemployed should do community work to keep benefits. Those who refused to look for work, take jobs that were offered to them or do voluntary work would have their handouts stopped:” http://tiny.cc/pingz
It remains to be seen if the new government can make the end of the dole stick or whether protests will shortly cause the government to collapse. Americans enjoying generous welfare benefits and an unprecedented 99 week unemployment benefit should pay close attention.
Finally, since JFK and Ronald Reagan taught our nation the lesson that cutting taxes leads to greater revenue for the federal treasury, one would think our current president would remember that lesson, but he hasn’t.
They haven’t in merry, old England either since a proposal by that odd coalition of liberals and conservatives is on the table to hike the capital gains tax to make those dastardly rich pay to enable the deserving poor to get another widescreen telly for the bedroom.
Capital gains and reasonable taxes thereon are what help make the capitalistic engine roar and at least one voice of sanity is warning against a tax increase.
David Davis cites statistics which show the ineffectiveness of the tax-the-hell-out-of-the-bloody-rich blunder in his article, “Raising Capital Gains Tax Is Unfair, Won’t Work, and Will Punish the Hard Working Middle Classes.”
He refers to the economic truism that “research published recently based on data from the U.S., Britain and Australia, shows that every time a country cuts the Capital Gains Tax rate, the revenue goes up. And every time the rate has been raised, the revenue has actually gone down:” http://tiny.cc/97pwl
Whether the Obama administration will learn anything from Economic Truisms 101 is doubtful.
Contributor's website: http://www.genelalor.com/
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