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” [...]
A bit of humor from Andy Borowitz in the New Yorker. Enjoy.
Billionaires Warn Higher Taxes Could Prevent Them From Buying Politicians
Posted by Andy Borowitz
WASHINGTON (The Borowitz Report)—Introducing a new wrinkle into the already fraught fiscal cliff showdown, a consortium of billionaires today warned that if their taxes are raised they will no [...]
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 [...]
This is a piece I wrote for a local newspaper, edited slightly for the blog. — JH
This is the political season, the every four year binge when our politicians pay billions to stay in power or to get power. Drive around your fair city and count the lawn signs. Turn on your [...]
I don’t like talking heads either, but … a few comments about the debate and the election.
It was fairly unanimous in the MSM that Romney won. Comments were that he was forceful, engaged, animated, presidential, challenging, and on the offensive. The president seemed lackluster, dull, unresponsive, and tired. All this is true.
This is how politics works in America. Politicians have always bought votes, nothing new there. This isn’t even a Republican-Democrat issue: both parties are guilty of payoffs, patronage, and largesse. But this is a good example of what the government can do through just one agency (Department of Labor) to buy a key battleground state. [...]
This comment comes from Cato’s Dan Mitchell. He makes some very good points about Ryan. History shows that VPs don’t have much influence in the president’s cabinet, the exception being Dick Cheney in the W. Bush cabinet. The positive is that Ryan is a strong advocate of policies to reform [...]