From Stephen Moore <[email protected]>
Subject Unleash Prosperity Hotline #640
Date October 19, 2022 6:47 PM
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2020 California Wildfires Negate All Of The State’s Greenhouse Gas Reduction Initiatives

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Unleash Prosperity Hotline
Issue #640
10/19/2022
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1) 2020 California Wildfires Negate Almost All Of The State’s Greenhouse Gas Reduction Initiatives
So much for electric cars, solar panels, and windmills saving the planet.

A new study by UCLA and University of Chicago environmental scientists finds that forest fires “put twice as much greenhouse gas emissions into the atmosphere as the state’s total reduction in such emissions from 2003 to 2019.” Dr. Michael Jarrett, a lead author of the study, told the SF Chronicle: “Wildfire emissions in 2020 essentially negate 18 years of reductions in greenhouse gas emission,” He added, “The positive impact of all that hard work over almost two decades is at risk of being swept aside by the smoke produced in a single year of record-breaking wildfires.”

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The California Air Resources Board does not account for the smoke pollution from wildfires, according to the Chronicle.

Forest fires on public lands can be combated and reduced by better forest management by the US Forest Service and the state natural resources department. So at about one-tenth, the cost of the tens of billions of dollars thrown at green energy programs that make gas at the pump and electric power costs much more expensive, improved forest management would do more to reduce greenhouse gas emissions.

But California and the feds can’t do that because, without government subsidies, the green energy companies that give tens of millions of dollars in campaign contributions to the Democrats would all go bankrupt.

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2) Reagan’s 1981 Tax Cut Is Still Paying Dividends 40 Years Later
This article from the Wall Street Journal caught our attention.

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The income cut-off for the highest income tax rate rises from roughly $540k to $578k. The standard deduction is from $12,500 to $13,850 for a single.

The estate tax exclusion rises from about $12 million to $13 million. The WSJ notes this is the largest one-year increase since the tax code was first indexed for inflation in the early 1980s.”

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Indexing tax brackets for inflation didn’t happen by accident. It was a central element of the Reagan 1981 tax cuts. Prior to indexing, inflation kept relentlessly pushing Americans into ever higher tax brackets.

The Reagan Treasury Dept. Aide who fought valiantly for this reform – which Democrats were against – was our friend Steve Entin. How ironic that 40 years later that reform is saving average Americans thousands of dollars on their income taxes this year.

Thanks to the Gipper – and Steve Entin.

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3) Is Washington D.C. Becoming A Tent City?
The nation’s capital now has an estimated 120 homeless tent cities and their growth shows no signs of slowing down.

A New York Post investigation found at least 35 vagrants in residence at a National Park Service site two blocks from the White House and more than 20 in the green spaces surrounding the State Department.

Daniel Kingery, 61, who pitched his tent in historic McPherson Square over two years ago, told the Post:

“Bleeding hearts have no brains, unfortunately,” Kingery said. “There’s so much donated food coming into this park, there’s not enough people to eat it.,,, All of these bleeding-heart organizations, bring pretty much the same thing to the same park and it usually gets thrown away … sleeping bags, ponchos, and once in a while I would throw away brand new blankets.”

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Homeless has risen 40% since 2013, the year the Obama Administration implemented its “Housing First” policy, which offered government housing vouchers with no participation, work, or drug treatment requirements.

A Discovery Institute report advises the way to break the cycle is to require participants in federal housing programs to participate in self-sufficiency, drug, and alcohol treatment programs. Work programs are essential to getting homeless Americans back on their feet. Money should be redirected to inpatient mental health treatment.

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4) Video Of The Day: Race Baiters In The Woke Media Sacked By Tampa Bay Bucs Coach
In case you haven’t seen this video clip already, we urge you to do so by tapping below. This is a masterful takedown of the media by Ted Bowles. Notice how the reporters keep pestering him about race issues and how he throws it right back in their faces.

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5) The Scariest Part Of Halloween This Year? The Prices
For the last 25 years, trick-or-treaters have had it pretty good. The price of candy increased by an average of only 2 percent a year during that period.

This year thanks to Bidenflation candy and chewing gum prices are up 13.1% — the biggest jump ever recorded.

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This will be the first Halloween in a while where kids will be able to go out in person for treats. If someone doesn’t answer the door, maybe it’s because the trick of inflation has already been played on them.

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6) It's Alive!

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