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

News from hřbitov Nové Město na Moravě, Czech Republic “Stupid is as Stupid does Edition

– “Missouri Republicans have drafted a bill that would allow parents to pull their children from science classes that are teaching the theory of evolution. According to the National Center for Science Education (NCSE), Missouri’s House Bill 1472 would effectively “eviscerate” the teaching of biology in the state.” Stupid is as stupid does. “Missouri GOP: […]

the safety net as hammock hypothesis

Matthew Yglesias reports another dramatic study providing evidence against the safety net as hammock hypothesis. The argument that just giving poor people cash helps in the short run but hurts in the long run by creating dependency is extremely influential. The evidence supports the opposite conclusion. Here I note Yglesias noting Moises Velazquez-Manoff noting another […]

Christie’s powerful when he shouldn’t be

Via Think Progress comes Alyssa Rosenberg’s comments on one lesson from the news of Chris Christie’s politics in NJ: What happened to people who were affected by the traffic closure was ridiculous. But a willingness to inflict ridiculous consequences on innocent people is actually a rather serious thing to do. People who want Chris Christie […]

Obamacare horror stories

Maggie Mahar at healthinsurance.org takes a look at stories easily fact checked in Anatomy of an Obamacare horror story For months, health reform’s opponents have been feasting on tales of Obamacare’s innocent victims – Americans who lost their insurance because it doesn’t comply with the ACA’s regulations, and now have to shell out more than […]

Ross Douthat may be a "total tool"

by Robert Waldmann, lifted from Stochastic Thoughts Ross Douthat may be a “total tool” Ross Douthat is such a tool. He starts with a case of a liberal threatened with rape. He argues ” it may be that the culture war cuts both ways” That may be an insinuation which relies entirely on what may […]

Sunday Reads

50% of Congress Are Millionaires “The nonprofit Center for Responsive Politics reports at least 268 of the 534 lawmakers were worth an average of $1 million in 2012. These millionaires are the people debating issues like unemployment benefits, food stamps and the minimum wage, which affect people with far fewer resources — it’s no wonder […]

On the Horizon "After Obamacare"

Many of us have talked about bending the healthcare cost curve by changing the services for fee healthcare cost model to a model of better outcomes for those fees. This is precisely what the PPACA does. Phillip Longman based his book “Best Care Anywhere” on how the VA brought about such a change in the […]

Sunday Reads

The 1% are Still Stealing Our Homes Hat Tip Crooks and Liars Diane Sweet Following the bank’s instructions, Laura and her partner missed three months of their mortgage payments to qualify for a loan modification. But instead of working with the family, Bank of America put the home in foreclosure, using the highly controversial process […]

Sunday Reads

Senator Elizabeth Warren introduces bill to stop credit checks in job application process “A bad credit rating is far more often the result of unexpected medical costs, unemployment, economic downturns, or other bad breaks than it is a reflection on an individual’s character or abilities,” Senator Warren said. “Families have not fully recovered from the […]