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

US Federal Marshals Picking Up Student Loan Defaulters . . .

Alan Collinge of the Student Loan Justice Org sent me an email yesterday. Bad Stuff from Texas . . . Hey Bill! This is a scary story. They are arresting people en masse in Texas over student loan debt. I got on the Thom Hartmann show to talk about it: https://youtu.be/a1OBJGs2PeE There’s no direct tie-in […]

Hillary Clinton’s not very good at math.

The truth is, we aren’t a single-issue country.  We need more than a plan for the big banks. The middle class needs a raise. — Hillary Clinton, last night in her Nevada-caucuses victory speech We’re not a single-issue country?  Who knew?  That’s a peculiar message on which to hang her campaign—as she has been doing […]

I finally agree with (much of) a Krugman criticism of the Sanders campaign. (And why I’m glad he made the criticism in the way he did.) [Clarification added 2/20 at 11:05 a.m.; update added 2/21 at 9:40 a.m.]

Bernie Sanders hates the Supreme Court’s decision in Citizens United v. FEC, which held that corporations have a First Amendment right to spend unlimited sums advocating for their preferred candidate. Who doesn’t? Citizens United was a deeply misguided decision that vastly underestimated the state’s compelling interest in preventing the appearance of corruption that massive corporate electioneering inevitably creates. […]

Two Must-Read Columns in the NYT Today

Nicholas Kristof’s and Linda Greenhouse’s.  They’re on different subjects but, in my opinion, part and parcel of the same thing. ____ ADDENDUM: Reader Sandi and I exchanged these comments in the Comments thread here this morning: Sandi February 19, 2016 9:03 am One way Kristoff didn’t mention that amasses huge fortunes is our tax laws, […]

Biden Tips Obama’s Hand On the Choice for the Supreme Court Nomination. (I’m not unhappy about the selection.)

Obama’s choice to replace Scalia, it appears from Biden’s comments this morning, will be Jane Kelly, whom Obama appointed to the Eighth Circuit Court of Appeals, based in St. Louis, in 2013. Josh Lederman of the Associated Press reports: WASHINGTON (AP) — President Barack Obama is looking to nominate a Supreme Court candidate who has […]

Presidents, Taxes and Economic Growth

Presidents, Taxes and Economic Growth by Mike Kimel One of the never-ending debates in economics is the extent to which taxes affect the economy.  Most people are fairly certain that higher taxes slow growth.  They’ve learned this from economists. To get my own look at the issue, about six years ago, I wrote a post […]