Awesome. And to think that earlier today I was still worried that the Dems won’t retake control of the Senate.
John McCain Says He’s Glad a 5-4 Supreme Court Majority Fabricated a Constitutional Ground to Strike Down Most of the McCain-Feingold Campaign Finance Law as Unconstitutional
Okay, so how many of the 53 percent of voters who say they want a Republican Congress to thwart Clinton’s policy agenda have any idea what that policy agenda IS? Just wonderin’.
But those same polls [suggesting a Clinton lead] don’t suggest doom and gloom for down-ballot Republicans just yet. And in fact, there’s real reason for GOP optimism that Trump won’t ruin their year completely. … For one, the so-called generic ballot — i.e., whether people prefer a generic Democrat for Congress or a generic Republican […]
How Punctuality Affects Production
authored by Mike Kimel Earlier this month, I wrote a post noting that countries where punctuality is more highly prized in the year 1999 tend to have higher GDP per capita in both the year 2000 and in 2015. I would like to follow up with a bit about how that happens, which I […]
Trump Says the Establishment and the News Media Deemed Bernie Sanders a Sexist, a Racist, a Xenophobe and Morally Deformed
“The establishment and their media neighbors wield control over this nation through means that are very well known,” Mr. Trump told a crowd in West Palm Beach, Fla., on Thursday. “Anyone who challenges their control is deemed a sexist, a racist, a xenophobe and morally deformed. They will attack you. They will slander you. They […]
Capital Flows and Financial Crises
by Joseph Joyce Capital Flows and Financial Crises The impact of capital flows on the incidence of financial crises has been recognized since the Asian crisis of 1997-98. Inflows before the crisis contributed to the expansion of domestic credit and asset booms, while the liabilities they created escalated in value once central banks abandoned their […]
New study casts more doubt on data center subsidies
A new report by Good Jobs First confirms what has been long-suspected: Data center megadeals of over $50 million in subsidies create very few jobs at a cost per job that easily exceeds $1 million. Indeed, the average for 11 megadeals going to tech giants like Google, Apple, Facebook, and Microsoft came to $1.8 million […]
“Why would you want to be associated with a party that’s so awful?”
This morning I overheard a part of a conversation between two 30-ish old high school friends, both from career-military families; their high school was on a military base. One is a disabled Marine veteran, having lost his right leg below the knee, significant muscle in his left leg, a good part of the movement in […]
JOLTS, Labor Market Conditions index consistent with late 2017 recession
by New Deal deomocrat JOLTS, Labor Market Conditions index consistent with late 2017 recession I continue to be unimpressed with the Job Openings and Labor Turnover Survey (JOLTS), as showing post-mid cycle deceleration for over a year. I have found what I hope is a better way to present my argument, so that you […]