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

WiFi

I was jonesing for some internet access, so I bought a WiFi card and now I’m typing from Starbucks. Starbucks uses TMobile, which charges $29.99/month with a 1-year contract. That seems a bit high to me, especially given that I’ve heard that there are free WiFi spots all over the place. So a question to […]

Politics of Hate v. Politics of Hope

Driving home last night, I listened to NPR covering Dick Cheney’s speech live, and I was going to title this the Dumbest Political Speech ever, but then I later saw the coverage of Zell Miller’s speech (including Kash’s post). On “Give ‘Em Hell Zell”, let me just suggest Wibbly Wobbly applies to him. He used […]

President Bush Should Read AngryBear

Brad DeLong accused President Bush of saying blatantly false things to the crowd at a Farm Progress Show in Iowa. The chief complaint was the oft heard claim “fastest growth in 20 years”. DeLong does not call the President a liar as he blames Bush’s staff. Readers of the Angrybear know AB and Kash do […]

Zell Miller’s Speech

I didn’t see it last night, but apparently it was quite something. Here are some of the media’s comments about it, as relayed by Howard Kurtz: “I wonder if it was smart to have him out there in such a hot fashion,” said George Stephanopoulos. “He looked angry,” said Mara Liasson. “Miller went over the […]

Tomorrow’s Employment Report

Tomorrow morning at 8:30 the Bureau of Labor Statistics will release its estimates for the number of people working and unemployed in the US in August. There’s some expectation that the report may not be particularly good, which for me would be a number of new jobs below about 100-125 thousand. Any number bigger than […]

A New Economic Theory

David Callaway, editor-in-chief of CBSMarketwatch.com, puts it well: Move over Keynes. The era of girlie-men economic theory has begun. Not since the 1936 publication of “The General Theory of Employment, Interest and Money” split the academic world and changed the way governments look at their economies has such a weighty treatise been posited. Yet California […]

Bush Prosperity

According to Commerce Secretary Evans: WASHINGTON (CBS.MW) –“Because of the tax cuts, this economy is very, very strong. We need to continue the tax cuts and that’s one thing the president will certainly be talking about on Thursday night when he comes to this convention floor. The trends are very friendly. The economic trends continue […]

Household Income: Rising or Falling?

Last week we read about the Census Bureau’s estimates of household income. The figures showed a slight decline in real median income in the US last year, continuing the trend of the past few years toward lower income. But others have disputed these findings. The Bush administration continues to cite figures claiming that real incomes […]