Unleash Prosperity Hotline #888

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Unleash Prosperity Hotline - Extra Spooky Edition
Issue #888
10/31/2023
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1) What Would You Rather Fund? Aid to Israel or Expanding the IRS

We absolutely love this headline:

Bravo! Finally, Republicans are getting smart, and new Speaker Mike Johnson in his first days on the job is proving to be a shrewd tactician – and a fighter.

Democrats secured $80 billion of new funding for the IRS last year. Johnson wants to cut $14.3 billion from that near-doubling of the IRS budget to 63.4 billion (still an outrageously high amount) and use the “savings” to pay for the Israel aid. Yes, we know this is all-blue smoke and mirrors budgeting.

But Democrats are furious, so Johnson must be doing something right here. A Biden official fumed to the Washington Post that Republicans are “trying to protect tax cheats.” How low can they go?

But Johnson has them cleverly cornered. Even Obama's IRS commissioner John Koskinen said "I'm not sure you'd be able to efficiently use that much money. That's a lot of money." Ya think?

This is a good fight to have. Take it to the voters. Let Chucky Schumer and Joe Biden explain why they chose the IRS over Israel aid.

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2) Uncle Sam Borrowed a Cool Half Trillion Dollars in October

Joe Biden keeps boasting about how well the economy is doing and how much he’s cut the federal budget deficit. But if these things are true how could it be that through last week, the Treasury Dept. borrowed $517 billion in October? That number doesn’t even include the last few days of the month, which ends today.

We can’t verify this, but we suspect that other than during the COVID lockdowns, this was the most the government has ever rung up the credit card in one month. This is double what Treasury borrowed last month and at least $100 billion more than last October.

Biden reminds us of the cartoonish character played by Jim Carey in the movie The Mask, when he exclaims with a sly grin after he’s wreaked all sorts of havoc: “SOMEBODY stop me!”

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3) DeSantis Vows to Take Florida School Choice Law Nationwide

We don’t pick sides in political races, so we at the Hotline are neutral in the presidential primaries. That said this promise from Florida Governor Ron DeSantis is music to our ears and one of the smartest things he’s said on the campaign trail in months.

Campaigning in Nevada last week, he rolled out a plan for universal school choice options for families in every state. He calls this “universal school choice” for “K through 12” grades and the plan is modeled after a similar bill he signed into law in Florida.

“We are going to be able to do, I believe, universal school choice nationally. We’re working on how,” DeSantis said. “At least we’ll be able to bring school choice to lower and working-class people.”

Love it. We’d like to see EVERY presidential candidate pledge to do the same.

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4) It’s Predominantly the Blue States Where Workers Are “Working” from Home

The Census Bureau recently released the American Community Survey estimates of how many workers are telecommuting from home versus getting out of their pajamas, pulling on some clothes, and showing up in person in the office, factory, etc. every day. We know that in many cases, telecommuting makes sense. But COVID is long over.

Take a wild guess where workers are MOST likely to not be showing up on the job. Yes, Washington, D.C. One of three workers in DC were dialing it in and working from home last year. This is way higher than that of any state. Most federal offices are still running at half empty. They don’t call the nation’s capital Club Fed for nothing.

The map below shows that the highest work-at-home rate is in the blue states.

Colorado ranks first, at 21%, followed by Washington, at 20%. Maryland (19%), Oregon (19%), Massachusetts (18%), Virginia (18%), Utah (18.%), New Hampshire (17%), California (17%) and Minnesota rounded out the top ten states.

Most of the work-at-home states have a disproportionate number of tech industry jobs. We would also say that blue staters are more likely to be doing America’s cushier jobs.

Overall, 15% of US workers worked from home last year, down from 18% in 2022, and as high as 60% at the peak of the Covid lockdowns. But still, almost three times as many workers are working at home (5.7%) than were prior to the pandemic. Tech firms like Google have been complaining publicly it is hard the get their workers to show up at the office.

Woody Allen put it best: 90% of life is just showing up.

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5) Will New Jersey Cancel Halloween?

Why the revolt against Halloween? Because as one high-falutin school official put it, wearing costumes doesn’t foster “diversity, equity and inclusion” – which is, of course, the left’s latest obsession.

We’re not sure how wearing a nine year old in a witch or a Batman costume or a Darth Vader helmet violates DEI sensibilities, but we are told by diversity experts that costumes aren’t “inclusive,” because some kids may not afford them. Maybe we need a means-tested federal program for Halloween costumes like the school lunch program?

To his credit, NJ Governor Chris Murphy – a lockdown liberal – dismisses these Halloween bans as “ridiculous.” That’s how out of control the wokeness culture has become in America.

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6) Where Has Political Experience in Washington Gotten Us?

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