Over at jabberwocking.com, Kevin Drum takes on Paul Krugman over his assertion that small-town America is aggrieved because the working-age men are more likely to be unemployed than their metropolitan counterparts. As usual, Kevin brings the charts and numbers to show that while Krugman isn’t wrong, the differences are small and don’t explain “white rural […]
“U.S. officials say they believe Hamas has been constrained by the Israeli operations, but that Israel will not be able to achieve, in the foreseeable future, its goal of eliminating the group’s military capability.” also “An Israeli military intelligence official, who spoke on condition of anonymity under military protocol, said that Israel was engaged in […]
One of the most reliable lazy pundit columns Democrats in disarray and the related warning that Democrats have to watch out for the damage done by the McGovern wing of the party. Lazy pundits have a problem as Democrats are in array and only aging boomers such as myself remember 1972 (even older boomer Michael […]
I want to respond to some of the comments on my last post and sharpen my own thinking by gaming out some ways the campaign might evolve. I assume our goal is to have a Democrat – very probably Biden – beat Trump. The question is how to maximize our odds of achieving this goal. […]
“Using the Joint European Torus (JET) — a huge, donut-shaped machine known as a tokamak — the scientists sustained a record 69 megajoules of fusion energy for five seconds, using just 0.2 milligrams of fuel. That’s enough to power roughly 12,000 households for the same amount of time.” Progress, yes, but incremental. “And myriad challenges […]
One of my themes here has been that the Biden administration and congressional Democrats should actively and publicly seek compromise with Republicans. The events this week illustrate the logic of compromise clearly. The perceived crisis on the southern border was probably the biggest single threat to Biden’s re-election, or at least the biggest threat that […]
The Republican Party has demonstrated it’s subservience to Donald Trump and rejection of policy making as such. In a sane country, this would doom the party to a very long period in opposition, but I am a citizen of the country I have not the country I want. I think the issues are well known, […]
It’s tempting to abolish the word entirely Originally published at Wealth Economics J.W. Mason offers a bang-up post on economists’ thinking about “money,” how economists have thought and talked about it over decades and centuries. There’s even a class syllabus and reading list from his class for his John Jay MA econ students. It’s a very deep dive. (“Thirteen Ways […]
Haley Nikki Haley is staying in the race for the Republican nomination, at least for now. Why? If she only cares about becoming president, this year could be her best shot even with Trump way ahead of her in the polls. Trump may be convicted or become incapacitated, and she could win the nomination as […]
In the Washington Post David Lynch (no not that David Lynch) reports that “Falling inflation, rising growth give U.S. the world’s best recovery.” lternative titles Handling the blue team with velvet gloves (not used as it alleges bias when the article merely reports the facts without Ballance (TM) for once) Twin Peaks (inflation and GDP […]