(Dan here…lifted from Robert’s Stochastic Thoughts) by Robert Waldmann Nomoremisterniceblog almost states the bitter truth, but he’s too nice to tell us what fools we are. He wrote: I don’t want to relitigate the McGovern and Mondale campaigns, but Dukakis? “Free everything and impossible promises” weren’t what defeated him. My comment I want to relitigate events […]
A Serious Problem For Dems It is that progressive Dems some time ago glommed onto the idea that protectionism is “progressive.” It has been going on so long and has become so ingrained that Bernie Sanders has been running around bragging about how he is more protectionist than Trump. Elizabeth Warren has been a bit […]
I really enjoy Rick Wilson’s thoughts on the Republican Party, his former party until 3 years ago. I don’t know which part of his latest Washington Post Op-ed I like most but here goes: As the saying goes, you had one job, Republicans. Now? Your job really isn’t representing your districts. It’s backfilling and wallpapering […]
Monetary policy is roughly the only issue on which I regularly disagree with Matt Yglesias. So it is boring to note that I agree with almost everything he wrote in his Vox article on the recently announced 0.25% Federal Funds target rate cut. His main assertions are: – it is a very reasonable move even […]
Origin of the 2 Percent Inflation Target I have made most of these comments as comments on Econbrowser and Angry Bear (an excellent post by Robert Waldman), as well as on Econbrowser in response to a serious post by Jeffrey Frankel. I note that pgl has added useful comments on this matter in the other […]
Kevin Drum notes conservative hackitude. I’m just going to fair use the whole post (please click the link so I don’t feel guilty) I would like to offer a comment on the hack gap this morning: It’s remarkable the number of liberal economists who continue to favor an interest rate cut from the Fed. They […]
Degeneration of Bipartisan Blog Sites: Econbrowser This is probably just a whiny complaint of well-known and long running issues. Indeed for a long time most blog sites (not to mention most twitterspheres and Instogram Idiotspheres) have been mono-partisan in those who participate in their discussions/debates. This has been true for a long time for most […]
Pledging Zero Carbon Emissions by 2030 or 2050: Does it Matter? We now have two responses to the climate emergency battling it out among House Democrats, the “aggressive” 2030 target for net zero emissions folded into the Green New Deal and a more “moderate” 2050 target for the same, just announced by a group of mainstream […]
Donald Trump addressed a rightwing crowd (Turning Point USA) in Washington on Tuesday. The audience roared in support of the president standing in front of the Presidential Seal. Now take a close look at the seal. It had been doctored to include a two-headed eagle – the same as the Russian seal and in place […]
https://twitter.com/pbump/status/1154042744702029824?s=20 Also the MSM noticed. Bump is a Washington Post reporter. The point is that this implies that Mueller thinks Trump was guilty and that he would have a reasonable chance of convincing a jury that there is proof beyond reasonable doubt of Trump’s guilt. The other answer was “that was a sufficient reason to […]