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

When Did Chris Cillizza Stop Beating His Wife?

I titled this post of mine yesterday, “I’m so, so tired of political journalists (including some who I think are generally excellent) misconstruing certain types of poll results.  And of pollsters not asking the obvious direct question they need to ask.”  The post dealt specifically with a blog entry by Greg Sargent yesterday morning in which […]

I’m so, so tired of political journalists (including some who I think are generally excellent) misconstruing certain types of poll results. And of pollsters not asking the obvious direct question they need to ask. [Addendum added.]

If ever there were a cycle that seemed poised for a serious argument over what to do — if anything — about the torrents of money sloshing through our politics, you’d think it would be this one. We’re seeing a parade of billionaire sugar daddies looking to sponsor individual GOP candidates. A profusion of clever […]

The Problem With O’Malley’s New-Generation Pitch: Elizabeth Warren is 65 and Bernie Sanders is 73

Former Maryland governor Martin O’Malley formally declared over the weekend that he will run for the Democratic presidential nomination. In his speech and a subsequent interview with ABC News, he floated several themes: He has executive experience; the presidency is not a “crown” to be passed back and forth among royal families (i.e., the Clintons and the Bushes); […]

Real GDP Seasonal Factors

In recent weeks there has been much discussion about the seasonal adjustment factors for GDP understating growth. The evidence seems pretty strong and BEA says they are working on an adjustment. But remember, the seasonal adjustment factor have to sum to one (1.00). If you change the seasonal adjustment factors to add two percentage points […]