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

Marking My Beliefs about Abenomics to Market

Via @mattyglesias I learn that David Scutt just reported that “Japan just blew past forecasts for unemployment and household spending” The unemployment rate is 3.3% and there are more vacant jobs than unemployed workers. Overall, Abenomics has worked very well indeed. I feel obliged to discuss this, because I was an extreme skeptic. More exactly, […]

In its ACA opinion today, the Court significantly narrowed its “Chevron-deference” doctrine. I’m glad. Even despite the immediate repercussions for EPA authority.

[T]oday’s victory may have been even more decisive than it looks at first glance. It isn’t just that the Court ruled six-to-three in favor of the government’s position, with John Roberts and Anthony Kennedy joining the Court’s liberals in support of a single, non-splintered decision, though that’s important. It’s also that Roberts’ opinion may have precluded […]

Fast Track just passed the House (Updated with money facts)

Just want to let everyone know that the Fast Track bill just passed the house.  The vote was 218 to 208 with 28 Dem’s voting for it.  Imagine that.  no provision for workers harmed by this and it passes. From the article here is Ryan’s take: “It gives America credibility,” Ryan said of TPA. “And […]

Yup. It didn’t take long for mainstream political journalists to misread the new poll on Rubio/Bush/Walker vs. Clinton.

Clinton is currently running ahead of all her likely Republican opponents, according to RealClearPolitics, but not by much: 4.2 points ahead of Marco Rubio; 5.2 points over Jeb Bush; and 6.8 points over Scott Walker. These are not impressive numbers for a candidate with universal name recognition against candidates who are much less widely known. […]