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

Listen to Michigan Congressman Sander Levin Tongue – Lash Wisconsin Congressman and Chairman Paul Ryan

Michigan is pitifully gerrymandered due to state Republicans controlling the state legislature in 1990, 2000, and 2010 and controlling redistricting. Michigan sends fewer Democrats to The House than how the state votes which is 54+% Democrat in national elections. Democrat Congressman Sander Levin is one of those Congressmen. Listen to his response to Republican Congressman […]

A Non Veto Threat ?

In about one month, the US Supreme Court will announce a decision on King Vs Burwell in which the plaintiffs argue that subsidies may not be paid to people who purchased health insurance on exchanges operated by the US Federal Government. The risk that they will win terrifies, among others, Senator Ronald Johnson (R-Wisconsin) who […]

JEFF JACOBY ON DRUG PRICES

Jeff Jacoby had an interesting article in the Boston Globe on Sunday where he argue that if the demand for something doubled the price must increase—it is basic introductory economics. What price is too high for a miracle drug? His argument is so typical of how so many columnist and/or bloggers demonstrate that a little […]

A Fractal Case for Big Government

Brad DeLong made a case for big government and higher deficits. Paul Krugman wrote an exagerated pun of praise. The part he liked was the appeal to myopia and paternalistic proposal “The problem is that as we move into the twenty-first century, the commodities we will be producing are becoming … more subject to myopia […]

Dear Greg Sargent: YOU may not know what Scalia and Alito were up to yesterday. But I do.*

The chief justice said almost nothing. — Supreme Court Appears Sharply Split in Case on Health Law, Adam Liptak, New York Times Okay, so how well did my predictions from three days ago hold up at the argument yesterday* in King v. Burwell? Well, I got the outcome right, but not the particulars of how it will […]