ChrisWeigant.com

Archive of Articles in the "Economics" Category

Obama Poll Watch -- March, 2012

[ Posted Monday, April 2nd, 2012 – 15:30 UTC ]

President Obama had a fairly flat month of March in the polls. His approval rating slipped back a half a point, and his disapproval rating stayed unchanged from last month. While his approval stayed above his disapproval for the month, the gap between the two is smaller than it's ever been. All month long he teetered back and forth in terms of being "above water" but showed signs of at least stabilizing by month's end. This brought an end to five straight months of good news in the polls for the president, the longest streak he's ever managed to post.

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Friday Talking Points [204] -- The Herd Mentality

[ Posted Friday, March 30th, 2012 – 17:11 UTC ]

This week, the punditocracy had no Republican primary contest to distract their attention ("The upcoming primary/caucus in some state I've never traveled through because it's a flyover state could be the crucial turning point in the entire race... details at 11:00..."), and so the political pontificators and prognosticators had nothing else to talk about (one would think) except the serious business before the Supreme Court this week -- Obamacare.

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The Individual Mandate's Conservative Origins

[ Posted Wednesday, March 28th, 2012 – 16:37 UTC ]

While we're all waiting for the verdict from the Supreme Court, I thought it would be worthwhile to dig into the actual origins of the concept of the individual mandate. Now, the idea itself may have been around for much longer than the documentation I could find online, but the real political push behind the idea seems to have started in 1989, from the ultra-conservative Heritage Foundation.

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From The Archives -- Dump The Individual Mandate

[ Posted Tuesday, March 27th, 2012 – 15:13 UTC ]

The individual mandate is the least-liked part of healthcare reform. It really has no natural constituency other than insurance companies. There was no call from the public to include this in the final law (as there was with the "public option," in comparison). The Left wasn't in favor of it, and it causes apoplexy over on the Right. President Obama did not campaign on the individual mandate (although Hillary Clinton did, I should point out), so he obviously didn't think it was all that important (or all that good an idea, take your choice) before he got elected. Since the mandate appeared, very few people have bothered defending it in public. Its appearance in the debate was obviously a direct result of demands from the health insurance industry, who will be the obvious beneficiary of the plan.

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Friday Talking Points [203] -- The Operation Was A Success...

[ Posted Friday, March 23rd, 2012 – 16:36 UTC ]

Two years ago, Joe Biden was famously quoted for saying to Barack Obama upon the occasion of health care reform legislation finally passing: "This is a big [expletive deleted] deal." In the past week or so, the White House has rolled out a big media push to support Obama's signature legislation. Next week, the Supreme Court will hear arguments on the subject of whether the law, as written, passes constitutional muster or not.

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Sketchy Romney

[ Posted Thursday, March 22nd, 2012 – 15:47 UTC ]

Mitt Romney's campaign has entered a sketchy phase. Or, more precisely, an etchy-sketchy phase.

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America's Oldest National Political Holiday

[ Posted Wednesday, March 21st, 2012 – 16:48 UTC ]

Two hundred and forty-five years ago this week, celebrations of a political nature were held throughout the American colonies. The occasion, in 1767, was the first anniversary of the repeal of the hated Stamp Act. While not unique as a reason for celebration or as a piece of enduring American politics, it was likely this was the first time Americans celebrated such a thing together -- as Americans, in other words, celebrating a purely American victory.

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Getting Rare Earth Ready

[ Posted Monday, March 19th, 2012 – 16:16 UTC ]

An entirely different kind of rare earth is in the news these days: the kind that actually comes out of the ground. A whole group of elements (which aren't actually all that rare) are classified as "rare earth" minerals. Their importance in the modern world is growing by leaps and bounds, because they are a key component of most high-tech devices (such as cell phones, computers, and electric car batteries). Even more critically, they are a key component of high-tech military hardware such as night-vision goggles, guided missiles, and Aegis warships.

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The No Budget, No Pay Act

[ Posted Wednesday, March 14th, 2012 – 16:26 UTC ]

That's it in a nutshell. The title is so good, it barely needs explaining. If Congress doesn't pass a completed budget on time -- both the budget blueprint and the 12 appropriations bills necessary -- then when the new federal fiscal year dawns on the first of October, they stop getting paid. Their paychecks halt until the budget is complete, and they are not allowed to (later on, under the cover of night) award themselves retroactive pay for this period.

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Friday Talking Points [201] -- "Hands Off My Uterus!"

[ Posted Friday, March 9th, 2012 – 16:43 UTC ]

OK, quite obviously, I had to put that subtitle in quote marks, since I do not actually possess a uterus. The quote marks indicate I'm just suggesting it as a slogan for others (those of the female persuasion, of course) to utilize. Just to clear that up, in case you were wondering. But we'll get to all of that in a moment, because first we must attend to our primary chores.

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