Blog Posts

One Wisconsin success

One of the 4 Republican senators fighting a recall is losing by 800 votes.If that holds up control of the Wisconsin Senate will go over to the Dems.

The Fire Next Time is Now

Sometimes what seems to be more of the same is a "whole new ballgame".

As I've written here before that , unrecognized,  occurred when Reagan reduced the top marginal tax rate from 70% to 28% which made it possible for banks to pay bonuses large enough so bankers calculated that it was economic to risk their banks to Greenspan's shocked surprise. 

On Wisconsin

As I've done in some past elections I'll post a report when the first meaningful results come in and will keep updating it in the comments until a decision. 

Unless any one else wants to- Madison dagbloggers?

Anyone with better info should feel free to replace me at any time including before I start. Otherwise I'll look around tomorrow and try to locate a Wisconsin source that promises to start providing data as soon as the polls close

538 is forecasting a narrow Walker win.

 

May employment number

Only 69,000 increase in employment.  The unemployment rate rises to 8.2%.  I'd been guessing +250,000.  So much for my forecasting ability.  

Obama's toast. I'm sorry to say.

But decisions have consequences and his decision to back Geithner vs Christy Romer will have been the major factor behind his coming defeat.

What do these have in common?

o The New York police department has for years been visiting services in mosques, all over the north east, taking notes, jotting down license plate numbers

o In Afghanistan we burn objectionable books, even the Koran

o And a sergeant walks down a rural street and murders 9 children and 7 adults probably mostly women

They all show that we hate Muslims.

 

Would Bloomberg and Kelley have staked out St. Patricks? Or a temple in Great Neck? The question answers itself.

 

We Were Wrong About Obamacare

Many of us.  

It's commonplace to read here that Obamacare is flawed, could have been better, and we might be better off without it.

What Bernard Avishai says, correctly, is:

“If Obamacare is killed it will....cast doubt on whether Americans will ever be able to hold  their fears in check and summon the elementary decency toward the sick that characterizes other democracies.”

If you don't fix a problem , the problem doesn't get fixed

 

Dean Baker , Beat the Press Tuesday

                   The piece (in the Washington Post-Flavius) also includes a number of assertions that are unsupported by anything. For example, it tells readers:

Saving yourself into depression

Here's an excerpt from Brad Delong, yesterday, writing something that stands common sense on its head: that cutting the deficit doesn't .... well cut the deficit :

Indeed, in less than a year, if current forecasts are correct, Britain’s Cameron-Osborne Depression will not merely be the worst depression in Britain since the Great Depression, but probably the worst depression in Britain…ever.

That invisible hand's not holding a bandage

Sunday’s Times editorial page for the zillionth time puzzles over  why the US health care system is exceptional: exceptionally expensive without caring for us exceptionally well.

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