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Monthly Archives: January 2012
Jobs, Greece, and Economic Proposals
Economic reality and politically-motivated economic analysis exist in totally separate worlds. The economic reality of what austerity driven prosperity — the current European model to recover from the recession (i.e. with enough austerity there will be renewed confidence in the … Continue reading
Posted in Economy, Jobs, Obama
Tagged Bloomberg, Gingrich, Greece, Mitch Daniels, Mitt Romney
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Back to the issue of Jobs
Mitch Daniels, in his State of the Union response, raised the issue of jobs. He liked it to Steve Jobs, who guided Apple to greatness, but created relatively few jobs in the US. Most of the workers who are paid … Continue reading
Gingrich and Just Plain Baloney
Gingrich clearly does not like questions about his very public personal life. In a recent debate he attacked ABC News for daring to bring up comments from his second wife. He then made several claims about what he had done … Continue reading
Gingrich, Can he win?
Can Newt win the nomination? Maybe. Part of the answer lies in the nature of the nomination system — a series of state level elections (either via ballot box or caucus) where delegates are selected. You have to get a … Continue reading
South Carolina Primary — the polls were right
The polls early in the week showed Romney leading, but with a lot of undecided voters. The later polls showed the shift to Gingrich, which was reflected in the results of actual votes. Partly this reflects the nature of the … Continue reading
South Carolina Pre-primary polls
Today’s South Carolina pre-election poll result is a reminder of why you should never call something a victory just because one candidate gets a few more votes than #2, and #3, and #4. A victory is a majority, not 25% … Continue reading
The deficit and the US Budget.
There are only two ways to describe a politician who claims they will cut the deficit and at the same time refuses to raise taxes and claims they will increase defense spending: The politician is a liar. The politician is … Continue reading
Posted in Economy, U.S. Government
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Gingrich and the end of family values in the Republican party
Gingrich would rather attack the media than actually discuss family values. And this is in a primary for the party that a few years ago seemed mostly concerned with family values. Clearly he represents the forgiveness wing of the religious … Continue reading
South Carolina Primary
While the media was focused on the immediate and partial results several weeks ago and quickly declared Romney the winner in Iowa, I observed that it was essentially a tie with no winner. The news today is that after the … Continue reading
European Bond Ratings downgrade
Standard and Poors is at it again with the downgrade of the debt of many Euro-zone countries. What S&P needs to really tell us is a probability of default. Given current bond rates, if the chance of default is more … Continue reading