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

WHY THE DEMOCRATS LOST: Because they cannot win unless they explain Keynesian economics and inform the public of the dramatic reduction in federal spending and federal employment since 2010—and the consequences of it. Obama will not (or, intellectually, cannot) do that. So others must.

Yesterday, I wrote here in response to a statement by Greg Sargent that “McConnell’s only way to re-litigate Obama’s policies will remain budgetary guerrilla warfare that will only work if Obama allows it to work, which he won’t, which he won’t.”: McConnell’s only way to re-litigate Obama’s policies will remain budgetary guerrilla warfare that will only work […]