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Archive of Articles in the "Economics" Category

Friday Talking Points [336] -- GOP's Government Shutdown Showdown

[ Posted Friday, February 20th, 2015 – 17:56 UTC ]

Hello and welcome back to our Friday political news roundup. I must apologize for not writing one of these columns last week, but I was under the weather and far too sick to type (or think coherently). So the events covered today really encompass the previous two weeks, just to warn everyone in advance. Also, this intro is going to move along at an accelerated clip, because there is a lot to cover. Our awards this week are backwards, and then we've got a rant on the Republicans in Congress who are getting ready to have another government shutdown (because the last one worked so well, right?). But enough overview, let's get on with things.

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April Surprise

[ Posted Tuesday, February 17th, 2015 – 18:03 UTC ]

There's a scheduling flaw in the implementation of Obamacare that is just now becoming a reality. I noticed this flaw quite some time ago, but haven't mentioned it in a while. [Editorial note: I just know I wrote about this subject previously, but a quick check of the archives didn't provide me with a linkable example, sorry.] This flaw is about to become apparent to millions of procrastinatory Americans. Some in the media and political worlds are now noticing this, but it likely won't be until April that this surprise dawns on most.

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Hillary's Inevitable Inevitability Problem

[ Posted Tuesday, February 10th, 2015 – 16:52 UTC ]

While the fight for the 2016 Republican presidential nomination is already fiercely heating up, over on the Democratic side there is really only one question even being asked right now -- when will Hillary Clinton formally declare her candidacy? Will she wait until summer, or throw her hat in the ring during the spring? Whenever she does launch her campaign, she will inevitably face the same problem she grappled with the last time she ran. Call it her inevitability problem (or maybe her "inevitable inevitability problem," if you're trying to come up with a clever headline).

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Friday Talking Points [335] -- Live, From The Moon

[ Posted Friday, February 6th, 2015 – 18:04 UTC ]

NBC Nightly News anchor Brian Williams (or, as we affectionately refer to him, "BriWi") was ruthlessly mocked online this week, after a war story he told turned out to be a complete fabrication. Our headline today refers to the funniest mockery we've yet seen on the subject, titled "That one live shot I did from the moon," for no other reason than it makes a funny headline. We really have no news to report from the moon, although (as usual) there are quite a few bits of lunacy to report from the political world. As for BriWi, well, we'll see what happens next. Perhaps it's time to give Lester Holt a shot at the big chair? It's a little hard to feel too sorry for BriWi, since he reportedly rakes in $10 million a year to read the news to America every night. Nice work if you can get it, eh? Or hold onto it, for that matter.

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Could Marijuana Follow The Tribal Gambling Route?

[ Posted Tuesday, February 3rd, 2015 – 18:22 UTC ]

My interest was piqued because of the wide-ranging possible repercussions of a decision by the Justice Department last year that got little attention in the media. A few Native American tribes -- including one in Washington state, where recreational adult use had just been legalized -- asked the Justice Department for legal guidance on the issue of marijuana sales on tribal lands. The Justice Department, surprisingly, not only endorsed the idea but also seemed to throw the gates wide open for any other Native American tribe to grow and sell marijuana as well -- even in states that hadn't already legalized it. They essentially said tribes would have to adhere to the same set of federal legal guidelines that were created after Colorado and Washington legalized recreational marijuana sales.

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Obama Poll Watch -- January, 2015

[ Posted Monday, February 2nd, 2015 – 18:16 UTC ]

President Obama just finished a very good month in public opinion polling. Obama showed such notable improvement in January that it's tough to choose which metric he did best in. In improvement over the previous month, Obama just had the best month of his second term (so far). His January improvement was the fourth-best of his entire presidency. He hit numbers he hasn't seen since the summer of 2013 -- gaining back all the ground lost (and more) since the disastrous rollout of the Obamacare website. NBC's Chuck Todd, during coverage of Obama's State Of The Union speech, came up with the best metaphor for what has been happening since the midterm elections last year: Obama stole the GOP's "honeymoon." After a big Republican political victory, Obama has been increasingly bold. As a result, Obama got the bump in polling, instead of the Republicans. January was indeed a very good month for President Obama.

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The Multi-Ring Republican Nomination Circus

[ Posted Wednesday, January 28th, 2015 – 18:00 UTC ]

The 2016 presidential election cycle is already underway. Whether you are delighted or horrified at the prospect, the race is indeed now on. While it might seem impossibly far in the future, consider that the Iowa caucuses are only a year away. So we're going to take a very early look at the Republican field, which seems to be getting larger every week.

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From The Archives -- Interview With The Man Behind "Museum Of Political Corruption" Project

[ Posted Tuesday, January 27th, 2015 – 18:00 UTC ]

I referenced the following article in passing last Friday (in relation to another outbreak of corruption in the halls of Albany), after which I was ceremoniously awarded a Commemorative Silver Edition Kickback by the Albany Museum of Political Corruption -- so I thought it'd be nice to return the favor and re-run the full interview I conducted a while ago with Bruce Roter.

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Marijuana Grows Up

[ Posted Monday, January 26th, 2015 – 17:57 UTC ]

Marijuana just keeps growing. That's a weak attempt at a punny metaphor for which I apologize (hey, I could have used some variation such as "growing like a weed," so I did exercise a little restraint...), but its deeper meaning is that marijuana is actually outgrowing such cheap jokes and entering the realm where it demands to be taken seriously -- especially by politicians. Marijuana is now the nation's fastest-growing industry. The legal marijuana industry brought in $2.4 billion last year, so it's certainly no longer any sort of laughing matter. That figure represents an increase of a whopping 74 percent in one year's time, and it is estimated that the total legal market could be worth $11 billion as soon as 2019.

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Friday Talking Points [333] -- Obama Steals GOP's Honeymoon

[ Posted Friday, January 23rd, 2015 – 18:21 UTC ]

I have to apologize right here at the start, because that headline is not original. Credit should go to Chuck Todd of NBC, who stated during the State Of The Union coverage this week that President Obama had stolen the traditional post-election "honeymoon" period with the public right out from under the Republican Party's feet. We found this such an apt metaphor that we decided to run with it, so: "Thanks, Chuck!"

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