Owls, Trains, Budget Cuts

Reading today’s paper:

Wall Street Journal, July 30, 2011

 

Environmentalist Wisdom: Shoot One Owl to Save The Other

By James L. Huffman

About the spotted owl, “The Fish and Wildlife Service says the species could be rejuvenated  over the next 30 years at a cost of about $127 million.”

 

(Defenders of Wildlife counts 1,700 pairs in WA and OR. That’s $37,352 per each spotted owl, if counting pairs counts heads fairly.

 

Sunk costs are not effaced in this accounting.)

 

 

 

The Debt Limit Hobbits

By editorial staff of WSJ

 

About the Boehner debt reduction plan:

“In the years for which claims of spending restraint are most credible – fiscal 2012 and 2013 – the Boehner bill would cut $25 billion and $47 billion from the outlays that the Congressional Budget Office projected in March.”

 

(Food Stamps could cut pop and candy, donuts, take-and-bake pizza, and other foods high in high fructose corn syrup, fat, cholesterol, and sodium from its allowed list and save $40 billion in 2012. No recipient would lack nutritious food. $25 billion is cut-less and gutless.)

 

 

Bullet Train to Nowhere

By Holman W. Jenkins, Jr.

 

Trains are “just something to spend money on.”

“The real purpose is spending without purpose.”

(My cousin stated that the last two bridges he built were a waste of taxpayer dollars. They totaled $6.5 million. The animal crossings he built were a similar waste.)

“Politics has long been defined as the process of determining who gets what. Politicians are professionally motivated to increase the resources under their control.”

(Bastiat wrote, “Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.” It’s pilferage and gifting.)