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

Oh, Dear.

[GLENN] THRUSH: When [Sanders] puts his head on a pillow at night, do you think he goes to sleep a Democrat? CLINTON: [Laughs] Well, I can’t answer that, Glenn, because he’s a relatively new Democrat, and, in fact, I’m not even sure he is one. He’s running as one. So I don’t know quite how to characterize […]

The Problem That Clinton Should See and Solve: Her misconception of what, for a huge number of voters, this year’s presidential campaign is about

And for me, it’s all about getting results. When I joined with parents and doctors and community leaders to take on the epidemic of children’s asthma right here in Harlem, it wasn’t about making a point; it was about making a difference. — Hillary Clinton, speaking at the Apollo Theater in Harlem, Mar. 30 When […]

Welfare Reform Reform

I have been promising to write something constructive and forward looking about how to undo the damaging effects of the 1996 welfare reform (which recently struck again). I don’t really have anything original to say. Mainly I endorse the proposal made by Irwin Garfinkel, David Harris, Jane Waldfogel and Christopher Wimer in a Century Foundation […]

An interesting coincidence: Cruz beat Trump and Sanders beat Clinton in Wisconsin by identical percentages

Each won by 13.2%. ____ UPDATE: I posted his when 99% of the vote in each primary was counted.  Now, with 100% in both primaries counted, Cruz’s victory margin remains at 13.2%.  Sanders’s is 13.3%. Added 4/6 at 10:32 a.m.    

Zero-Sum Foolery 1 of 4: Game Theory Gamesmanship

by Sandwichman Zero-Sum Foolery 1 of 4: Game Theory Gamesmanship It has become fashionable recently, in denunciations of the lump-of-labor fallacy, to appeal to the notion of a “zero-sum game” in addition to the customary allegation of a “fixed amount of work to be done.” In this manner, pseudo-intellectual poseurs can evoke the urgency and […]

Do Rising Rents, Especially For The Poor, Mean We Do Not Have A Housing Bubble?

Dan here:   Barkley Rosser adds to the conversation on housing rents following New Deal democrat’s post here by Barkley Rosser (Econospeak) Do Rising Rents, Especially For The Poor, Mean We Do Not Have A Housing Bubble? Aggregate housing prices in the US have recently been approaching the levels seen at the peak of the […]