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Archive of Articles in the "Economics" Category

Friday Talking Points [366] -- Debate Talking Point Rundown

[ Posted Friday, October 16th, 2015 – 18:45 UTC ]

After two seemingly-endless Republican debates, this week the Democratic candidates for president finally got their turn to face off against each other on national television. While the audience was smaller (since Donald Trump was not on stage), it was still a lot bigger than most political debates in the past -- over 15 million people watched on CNN, and a further million livestreamed it. This is up from the usual audience of 2-to-5 million, it should be noted, from years past.

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Democratic Debate Reactions

[ Posted Tuesday, October 13th, 2015 – 22:32 UTC ]

Overall, I would agree with some of the closing statements -- this was a much more substantial debate than anything the Republicans have yet put on. No insults were hurled, no bigoted statements were made, on the whole it was a lot more sober than watching Trump take on all comers. However, having said that, tonight's debate was a lot more spirited and feisty than I expected. There weren't direct face-to-face confrontations, but a lot of differences were clearly outlined between the candidates' stances.

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Boehner's Golden Opportunity

[ Posted Monday, October 12th, 2015 – 16:53 UTC ]

Although my own personal bias (as anyone can see, from a random sampling of my past columns) is pretty liberal, every so often I feel the responsibility to offer up honest suggestions for Republican politicians to help either themselves or their party. The only times I actually write such columns are when I'm almost certain my advice will be ignored, so I guess that right there also counts as bias. I offer this up as a preamble to today's column, which consists of some advice for John Boehner. In a nutshell, Boehner should use the freedom his caucus has just handed him (by not being able to agree on his successor) to end his legacy by being the savior of any chance Republicans might have in next year's election.

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Leading The Unleadable Into The Final Obama Showdown

[ Posted Thursday, October 8th, 2015 – 16:37 UTC ]

It's hard not to have at least a little bit of sympathy for Kevin McCarthy, at this point. When Speaker of the House John Boehner announced he was going to step down, it was the equivalent of the chief engineer jumping off of a train that was barreling down the track, after just having passed a warning that the bridge ahead was washed out. What sane person would relish the chance to preside over an upcoming disaster, after all? McCarthy faced an unwinnable situation from his own ungovernable caucus, and so he intelligently threw up his hands and essentially said: "Why bother even trying?"

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Democratic Debate Preview

[ Posted Wednesday, October 7th, 2015 – 17:08 UTC ]

Next Tuesday, we will finally get some degree of parity in the world of televised presidential debates, as the Democrats come together for the first time to make their case to the American public. The Republicans have already held two debates and will hold their third later this month. The Democratic National Committee decided to restrict the number of debates held, which has left the field open to the Republicans for two months now. This decision has been hotly debated, mostly by Democrats not named "Hillary Clinton" (who make the case that the debate schedule was shortened to give Hillary an easier time of it). But whatever you think of the decision, we're finally about to see all the Democratic candidates on one stage.

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Obama Poll Watch -- September, 2015

[ Posted Tuesday, October 6th, 2015 – 16:29 UTC ]

President Barack Obama had a pretty good month in the polls last month, as he saw his approval take a big step up and his disapproval take a tiny step down. Obama exited the summer doldrums earlier than usual this year, and chalked up a positive month all around. Let's take a look at the new chart.

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Friday Talking Points [364] -- New Speaker's Speaking Problem

[ Posted Friday, October 2nd, 2015 – 17:43 UTC ]

Kevin McCarthy is not worthy. Of using the English language correctly, among other things. Amusingly, though, this will likely not stop him from becoming the next speaker of the House. And if his past is any prologue, hearing the speaker speak should provide all sorts of amusement for the rest of us. It may not be the return of the garbled George W. Bush era of mangled English, but it could be close.

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Friday Talking Points [363] -- New Job Vacancy: Chief GOP Cat-Herder

[ Posted Friday, September 25th, 2015 – 15:03 UTC ]

Every so often, when preparing to write these weekly wrap-up columns, I wake up Friday morning and a political bombshell has happened which pretty much wipes out all the political news from the entire rest of the week. Obviously, today was one of those days, as we all learned this morning that Speaker of the House John Boehner will be a private citizen again by Hallowe'en. He'll step down not only from his speakership, but also from his House seat itself, more than a year before the end of his current term. So it looks like the Republicans are going to need a new cat-herder to (attempt to) lead them in the House.

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Predicting Next Republicans To Exit The Race

[ Posted Wednesday, September 23rd, 2015 – 17:27 UTC ]

So we're down to the paltry number of "only" 15 Republican candidates for president, as Scott Walker has now joined Rick Perry on the sidelines of the race. I must admit, I'm doing a pretty horrible job of picking who will exit the race in what order, as when I wrote about the subject last month, neither man was on my list of the first five candidates I thought would drop out earliest. Both Perry and Walker had substantial support from the billionaire class, which meant both had plenty of funds pouring in to super PACs to support their candidacy. The problem for both men, in the end, turned out not to be lack of funds to air television ads, but rather lack of funds to keep the lights on and pay their official campaign staff. Before their respective exits, Perry put almost all his campaign staff on a volunteer basis (because he couldn't afford the payroll) and Walker announced he was pulling back everywhere but Iowa, and shrinking his campaign staff accordingly. So even with millions sitting in super PAC coffers, what killed their campaigns in the end was lack of financial support for the campaign itself.

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Friday Talking Points [362] -- Beyond The Debate Stage

[ Posted Friday, September 18th, 2015 – 17:27 UTC ]

This was one of those weeks when one event overshadowed pretty much everything else that was going on in the political world. The event, of course, was the second round of Republican presidential debates, which lasted for a grueling five-plus hours.

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