Many people are angry about the outcome of the election. While there is some soul searching, there is also a large and growing disgust, not just with President Obama but with the electoral process and the country itself. Out of anger and frustration, some people are calling for secession, though it’s unclear how many.
President Obama nominated Jacob “Jack” Lew as his new Treasury secretary. I couldn’t find any real information about his economic views, but I am confident he will follow the well worn trail established by his predecessor, Tim Geithner, and other Neo-Keynesians that populate mainstream economics in our capitol.
This is from Wikipedia:
Jacob Joseph “Jack” [...]
Everyone today is talking about the “Fiscal Cliff”. It is a small decrease in spending combined with a significant tax increase. Let’s put this in perspective. The budget for fiscal year 2012 was $3.8 trillion and the deficit (shortfall which had to borrowed) was $1.1 billion. If no deal is reached, and we go “over [...]
I was hoping that we would go over the fiscal cliff because taxes would go up on everyone. I think everyone should suffer the pain of paying for the government’s uncontrollable spending. Perhaps the “middle class”, whom politicians believe are clueless, would then start to think about the future of our country. Perhaps [...]
This article originally appeared in my regular column in a local newspaper. — JH
I’ve been sulking ever since the elections. Just about everything and everyone I voted for lost. Locally the opposition Republicans ran mostly bad candidates and lost everywhere. But so did the Democrats and they won. For the record I [...]
The choice for the status quo made in last week’s presidential election was an uninformed one—at no fault of the voters—made in the fog of monetary distortion and Federal Reserve Chairman Ben Bernanke’s continuous campaign of disinformation.
President Barack Obama managed to overtake Republican challenger Mitt Romney on the exit poll question “Who is better [...]
This article by Jonathan Chait comes from New York magazine. You should know that Mr. Chait is a curmudgeonly liberal who writes frequently about politics. This is probably the best “big picture” analysis of the election I have seen. His critique of Romney is that he failed to define himself as [...]
This is a very thoughtful article on Mitt Romney’s failure to connect with voters. This is by Nicole Gelinas who writes for the Manhattan Institute’s City Journal. — JH
Staying on message meant looking irrelevant, reminding voters of a certain someone.
7 November 2012
Governor Mitt Romney lost on Tuesday not because the [...]
This graphic from the NYT is a good analysis of election demographics. It reveals the importance of the Hispanic and Asian vote. What the chart doesn’t do is weight the importance of each sector. In other words, the fact that Hispanics voted in larger numbers for Obama is not a surprise, but it doesn’t tell [...]
Gillespie says that the Republicans lost because they are so out of synch with the rest of America on these issues. I would agree.