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

Dave Dayen Is Wrong

And not in a good way, when he says: I understand that Republicans are just playing the culture war game here, trying to link Warren and the loony left. I don’t know how that will play in, er, Massachusetts. And the world has moved on from the Hard Hat riots and the 1972 campaign. The […]

The Kimel Curve and the Kitchen Sink, Part 1: All Years

by >Mike Kimel I’ve been writing about the relationship between tax rates and growth since I started blogging in 2006. A lot of those posts have focused on the quadratic relationship between tax rates and growth. That is, it turns out that if you take US data going back to when the BEA started keeping […]

Presimetrics Review

Noted for the record: author Piaw Na reviews Mike Kimel‘s Presimetrics at Piaw’s Blog: This is a great book to read if you’ve got a statistical bent and are willing to follow the data rather than your pre-conceived notions….Many people like to say that they’re data-driven, but most people actually have prejudices that lead them […]

Admitting You’re a Tool Doesn’t Make You Less of One

Matt (Dalton, Harvard) Yglesias, via Aaron Carroll’s note that he should move into another line of work), accidentally gives the Education game away: the Dread Evil Neoliberal School Reformer Barack Obama And His Lackeys At The Center For American Progress Yep, Matt has been doing great things for education. As, of course, has CAP, in […]

In Related News, Lee Papa Will Be Selling Obscenity Insurance

Via Lindsay Beyerstein on Twitter, The Onion should now go out of business: AIG knows a thing or two about bad publicity. Now, a subsidiary of the bailed-out insurer is offering a new type of coverage to defray the cost of bringing in outside experts when a company faces a potential public-relations crisis. That’s right. […]

Graph That Explains Everything About Amity Shlaes

by Mike Kimel Thanks to Linda Beale, I headed over here: The George W. Bush Institute announced today that Amity Shlaes has been named director of the 4% Growth Project, a key part of the Institute’s focus on economic growth. Miss Shlaes will open the project’s office in New York. The aim of the project […]

Notes toward A Blog Post on Chrystia Freeland’s Interview of GE CEO Jeff Immelt

UPDATE NOTE: The following isn’t complete. Many of my notes from the latter part of today’s interview can be found on Twitter, hashtagged #Immelt. At the moment, I both (1) don’t have easy access to them and (2) have other things that need to be done. Feel free to look there, and/or mention anything you […]

Joined the GE Capital Board in 1997

The cause of that “small tax bill”: Immelt said a small tax bill for 2010 was due to more than $30 billion in losses related to GE’s financial services business during the financial crisis. In 2009, GE Capital’s losses were so large that it company overall lost money on its U.S. operations. GE’s federal taxes, […]