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

Should Bush’s Economy Earn a Passing Grade?

Avrum D.Lank writes this in Saturday’s Milwaukee Journal Sentinel: With Friday’s report that the Gross Domestic Product grew at a 3.7% annual rate in the third quarter, the economic report card for Bush’s first term was completed. By all historical standards, it provided a passing grade. “Three-point-seven percent is pretty good,” said Thomas M. Holbrook, […]

Prediction Time

Okay, for what it’s worth, I’ll throw my hat into the ring and make a prediction for the outcome of the presidential election tomorrow. Here it is (from the LA Times EV tracker): This will yield Kerry 306 EVs, and Bush 232 EVs. As far as the popular vote goes, I’ll pick some numbers out […]

Income, Spending, and (Lack of) Saving

This morning the BEA released its figures for personal income and spending in September. Personal income increased $15.1 billion, or 0.2 percent, and disposable personal income (DPI) increased $9.0 billion, or 0.1 percent, in September, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $49.8 billion, or 0.6 percent. The most striking […]

Reason #5 to Vote for Kerry: Terrorism

So now we come to it: the single most important reason that I’m going to vote for John Kerry. It is the near-certainty that Kerry will do a far better job than Bush when it comes to reducing the threat of terrorism. This might strike you (as it has me) as ironic, given that lots […]

Conservatives & Moderates: Vote Kerry! Vote Gridlock!

If Kerry is elected, he will likely lead a divided government. Although the Democrats have some chance of taking back the Senate, the conventional wisdom says the odds are against it, and also says that the Republicans will almost surely keep control of the House. For some conservatives and libertarians, the prospect of gridlock is […]