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Archive of Articles in the "Economics" Category

Friday Talking Points [320] -- Congress Briefly Interrupts 3-Month Vacation To "Work"

[ Posted Friday, September 19th, 2014 – 16:57 UTC ]

Congress followed up their recent five-week vacation with almost two whole weeks of actually doing their jobs, so to reward themselves they're now going to take off on another vacation. Until mid-November. The American people will show their disgust at this pathetic work ethic by returning upwards of ninety percent of them to office, if this year is anything like a typical one. The big question on everyone's mind is whether the Democrats will hold onto control of the Senate, which will mean two years of gridlock with the Republican House, or whether Republicans will gain control of the Senate, which will mean two years of gridlock with both the Tea Party and the president.

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The Challenge From The Left

[ Posted Tuesday, September 9th, 2014 – 16:41 UTC ]

By the time I post this article, the election returns may have already been announced in New York state's Democratic gubernatorial primary. I state this up front to let readers know that I'm writing this before knowing how big a margin of victory the current governor, Andrew Cuomo, manages to gain over his Progressive challenger, Zephyr Teachout. Cuomo's victory is pretty much a foregone conclusion, but the size of his victory may be an important gauge of the growth of the Progressives, or what has previously been called "the Democratic wing of the Democratic Party." If Teachout does better than expected, it could have reverberations in the next few years, as the 2016 presidential contest gets underway.

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Friday Talking Points [318] -- The Gender Gap

[ Posted Friday, August 29th, 2014 – 17:25 UTC ]

President Obama gave a press conference recently, and -- since it is still the political Silly Season -- got a lot of media attention. For what he was wearing. No, seriously. Washington was all a-twitter (or even a-Twitter) because Obama wore a suit that was not dark blue or black. While some may smack their heads over the idiocy of what passes as the Washington press corps, the right thing to do is to celebrate how males have finally reached sartorial equality with women, when viewed by political "journalists." This is not a backhanded compliment, I hasten to point out, it is meant as a backhanded insult. Because it is always insulting to a politician to focus on what she (or, now, he) is wearing, instead of reporting on the substance of her words and actions. This has been going on for women in politics for exactly as long as women have been in American politics, right up to Hillary Clinton's pantsuits and Sarah Palin's shopping spree. All women know this -- they will be judged on what they wear, sometimes more than what they say or do. Especially female politicians. President Obama is just getting a tiny taste of what women have had to put up with in the political arena since Day One. So I choose to celebrate this new equality (of the idiocy of the political press), and the closing of this particular part of the gender gap.

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The Impending Showdown

[ Posted Wednesday, August 27th, 2014 – 16:39 UTC ]

"It's quiet out there... too quiet."

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Marijuana Donor Dollars

[ Posted Tuesday, August 26th, 2014 – 17:06 UTC ]

The national Democratic Party is reluctant to support divisive issues, at times. They drag their feet until pressured by a significant faction within their own base to stop waffling and take a clear progressive stand. This is pretty much common knowledge, and the same can actually be said to a differing extent for the Republican Party (although you'd have to replace the word "progressive" with "conservative" to make it work). What usually pressures the national party enough to act is when large party donors begin to threaten to turn off the spigot, which puts the flow of money to the national party at significant risk. Gay marriage advocates (for example) had gotten a lot of lip service and lukewarm support from Democrats, right up until they started drawing a line in the sand: no marriage equality support, no more donations. Which led to not only President Obama but the entire Democratic Party quickly "evolving" on the issue. This may now be starting to happen on the subject of marijuana.

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McConnell's Reconciliation

[ Posted Wednesday, August 20th, 2014 – 16:41 UTC ]

Many are focusing on another aspect of what McConnell is promising to do, which is understandable because shutting down the government has a lot bigger impact on the country than details of how the Senate conducts its business. But, in this case, I'm choosing instead to ignore the forest (as it were) to concentrate on one particular tree.

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Friday Talking Points [316] -- Dog Days

[ Posted Friday, August 15th, 2014 – 17:01 UTC ]

Welcome to the "Dog Days" of summer, at the height of the political Silly Season. This year, one dog did indeed have his day in August, as 7-year-old "Duke" just won a rather bizarre election to become mayor of Cormorant, Minnesota. The strangest thing (to us) was that the "12 people in the village each paid $1 to cast a vote." Um, didn't we make poll taxes illegal quite a while back? The job (and the election) are assumably only "ceremonial" (at least we hope so), but still "Dog Elected Mayor," as a headline, is right up there with "Man Bites Dog." As for Duke's mayoralty, well, it's a "Ruff!" job but someone's got to do it, we suppose. So to speak (or roll over, or shake... good boy!)

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How President Hillary Clinton Would Compare With President Obama

[ Posted Tuesday, August 12th, 2014 – 17:04 UTC ]

I realize that to call this column "premature" would indeed even be an understatement. But you'll have to forgive me, since it's one of those lazy summer days where all of Washington is off on vacation (President Obama is taking two weeks at the beach, and Congress is taking the entire freakin' month off, as usual). So it seems like a good time for some unadulterated speculation of the sheerest sort. And I'm not even going to get drawn in to all the 2016 election speculation today. I'm going to skip over it all and just jump forward to January, 2017, as we all watch the first woman inaugurated to the presidency.

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Friday Talking Points [315] -- Past, Present, And Future

[ Posted Friday, August 8th, 2014 – 17:28 UTC ]

We've got a lot to cover today (as that headline should evince), but before we begin examining the anniversaries, elections, and politics of the week, I'd like to begin instead by promoting a video.

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Obama Poll Watch -- July, 2014

[ Posted Tuesday, August 5th, 2014 – 15:42 UTC ]

President Obama had another bad month in the polls in July, although it wasn't as sharp a downturn as he experienced in June. That, and "he managed not to set any all-time or daily low points during the month" is about all that can be positively said. Without further ado, let's get to the new chart:

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