Relevant and even prescient commentary on news, politics and the economy.

Backwards Transfer is Back: Social Security’s Unfunded Liability

Awhile back we had a series of posts about the causality of Social Security’s ‘unfunded liability’ in response to a comment by Jim Glass over at Andrew Bigg’s. The first post was XXXVI: $17 Trillion Backwards Transfer. Andrew answered back with Responding to Angry Bear: Where does the $17 trillion deficit come from? to which […]

To the heart of the chant on tax cuts

Mark Thoma started a chain of posts on the efficacy of tax cuts that bears watching as research becomes published. Following the money apparently is more possible in this day and age. Richard Serlin (first here) followed up with two posts, the second here. Don Pedro of Economists4obama says in comments: I want to point […]

The Efficiency of the Private Sector

by cactus The Efficiency of the Private Sector Recently, the wife and I moved to a new state. When you do that, you need to get a new driver’s license, plus re-register your vehicles. The whole process, including taking the written (well, computerized) exam, from the moment we walked in until the moment we walked […]

Being on spin cycle and hopping off

Maybe this link has good enough real video information and transcripts on many issues…it does need filling in a bit for a national race. Any more credible collections put together? Update: Rdan just voted this post the best of Palin series on the internet.

Candidate reactions

hat tip to Movie Guy Here is part of what Presidential candidate Obama said on Friday about the Republican Vice Presidential candidate: Senator Obama called Governor Palin from his campaign bus on Friday afternoon (local time) and spoke with her for “several minutes,” campaign spokesman Robert Gibbs said.”He told her she would be a terrific […]

Happy Friday

hat tip CoRev The famous Olympic skier Picabo Street (pronounced Pee-Ka-Boo) is not just an athlete…she is now a nurse currently working at an Intensive Care Unit of a large metropolitan hospital. She is not permitted to answer the hospital telephones any longer. It caused too much confusion when she would answer the phone and […]

While some liberals have a problem with Obama/Biden…

…how are people who, eight years ago, were proudly displaying “Sore/Loserman” bumper stickers going to react if/when McCain announces Loserman as his pick for VP?* UPDATE: Otoh, if the NYT and Reuters are correct, any claim that Obama is “too inexperienced to be President” just went out the window. *This is not necessarily going to […]

The last twenty years and Krugman

by tin man and rdan Paul Krugman said some thing in the NYT. We wondered about these questions too. What was the mechanism for the leveling of healthcare costs in the Clinton ‘90s? (If they did actually level?) What was the mechanism for the same to skyrocket as they have in the past 8 years.(What […]