Any anon have the Obama's mom on a beer bottle on stage photo?

CEA Report: The Opportunity Costs of Socialism

Today, the Council of Economic Advisers (CEA) released a report outlining the opportunity costs of socialism on the macro economy, including standards of living, and the impact on the Federal budget. Below is the executive summary. Read the full report here.

https://www.whitehouse.gov/briefings-statements/cea-report-opportunity-costs-socialism/

Don't make me go to fucking /pol/ to find that picture of Obama's mom sitting on a beer bottle.

http://206.223.147.227/

Where is DJ Zep this morning. I mean eBot?

President Donald J. Trump Is Launching America’s Space Force

FORMING SPACE FORCE: To safeguard American dominance in space, President Donald J. Trump is working to form a Space Force as a sixth branch of the Armed Forces.

President Trump has received six recommendations, unanimously approved by his National Space Council, regarding the establishment of the United States Space Force.

The six recommendations presented to the President call for:

Forming a United States Space Command to control our space forces and develop the tactics, techniques, and procedures for military space operations.

Establishing the Space Force as a separate and distinct branch of the military whose mission will be to organize, train, and equip combat space forces.

Calling on Congress to authorize the establishment of a Space Force and provide funding for the United States Space Command.

Launching a joint review by the National Space Council and National Security Council of existing space operational authorities for meeting national security objectives, informed by DOD’s assessment of the authorities required.

Creating a Space Development Agency to ensure Americans in the Space Force have cutting-edge warfighting capabilities.

Creating collaborative mechanisms with the Intelligence Community to improve unity of efforts for the development of space capabilities and operations.

PREPARING FOR THE THREATS OF THE 21ST CENTURY: President Trump is preparing our military to protect against the wide range of challenges we face today, including in space.

Space is now recognized as a warfighting domain and the United States must be prepared to meet the emerging threats we face in this new battlefield.

Recognizing this, President Trump is taking action to ensure that the American military is equipped to protect our Nation and preserve our freedom to operate in, from, and to space.

The recommendations follow the President’s direct call for the formation of a Space Force as the sixth branch of the Armed Forces.

On June 18, 2018, President Trump directed the Department of Defense to immediately begin the process necessary to establish a Space Force as a new military branch

RENEWING AMERICAN LEADERSHIP IN SPACE: President Trump is keeping his promise to restore America’s legacy of leadership in space

President Trump has signed three space policy directives to restore and revitalize America’s space program. These directives will:

Reorient our space program toward human exploration of deep space.

Unleash the power of America’s commercial space enterprise.

Protect our vital space assets by improving space traffic management.

In June 2017, President Trump signed an Executive Order reviving the National Space Council for the first time in nearly a quarter century.

President Trump unveiled the National Space Strategy in March of 2018 to prioritize American strength and competitiveness in the space environment.

https://www.whitehouse.gov/briefings-statements/president-donald-j-trump-launching-americas-space-force/

Congressional Democrats Want to Take Money from Hardworking Americans to Fund Failed Socialist Policies

DESTRUCTIVE ECONOMIC POLICIES: Under socialist economic policies, Americans can expect their incomes to fall and their economic freedom to vanish.

Radical Congressional Democrats are pushing the socialist policies of “Medicare for All,” high tax rates, and “free” public services, while ignoring the huge cost of these policies.

Families earning the average annual wage of $60,588 would be taxed up to $5,000 more per year, after cash transfers, if the United States adopted the tax and transfer policies of Nordic countries that Congressional Democrats often tout.

Socialism’s higher taxes (including on businesses) and controls on factors of production lead to a loss of economic freedom that has devastating consequences for production.

Replacing United States policies with highly socialist ones, like in Venezuela, would reduce real Gross Domestic Product (GDP) by at least 40 percent in the long run.

“MEDICARE FOR ALL” IS RADICAL AND DANGEROUS: The Democrats’ socialist ”Medicare for All” plan would devastate the American healthcare market and lead to higher taxes.

The Democrats’ disastrous ”Medicare for All” plan distributes healthcare for “free,” by creating a government monopoly on healthcare markets and setting all prices paid to suppliers.

Under this policy, doctors, hospitals, and pharmaceutical companies would have no choice but to accept whatever the government decides to pay for their services.

Consumers, likewise, would have no choice but to use government-directed options.

The high taxes needed to fund “Medicare for All” would lead to a decline in household incomes of $17,000 annually after taxes and healthcare expenditures, a 19 percent decline.

Without higher taxes, funding the Democrats’ plan would require cuts to half of the Federal budget as it stands today wrecking Medicaid, Social Security, and traditional Medicare.

Evidence on the effectiveness of single-payer systems suggests that a “Medicare for All” plan would reduce the longevity and health of Americans, despite greater insurance coverage.

A DUBIOUS LEGACY: Socialist policies have a long legacy of failure across the world.

The legacy of countries that have implemented large-scale socialist policies is one of failed policies, misery, and death.

Even in less-extreme cases, socialist policies have reduced standards of living.

Socialist countries like Maoist China, Cuba, and the Soviet Union seized control of agriculture wrecking their food production and causing tens of millions of deaths by starvation.

Venezuela’s socialist experiment has been a complete failure. Today, Venezuelans are beset by out-of-control inflation, lack of basic resources, and rampant crime, starvation, and death.

Research suggests that even Nordic countries, who are often pointed to as examples of successful socialist experiments, have been hurt by their use of socialist policies:

The living standards of Nordic countries are at least 15 percent lower than in the United States, despite the abundance of “free” government services.

If the United States had adopted Nordic-like policies in the 1970s, then our real GDP would be almost 20 percent lower today.

https://www.whitehouse.gov/briefings-statements/congressional-democrats-want-take-money-hardworking-americans-fund-failed-socialist-policies/