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

Sighhhh. [Addendum added.]

Sarah Kliff has a very helpful account of Vermont’s attempt to create a state-level single-payer health care system, and why it failed. It’s a bit like the old joke about the farmer, asked for directions, who says “Well, I wouldn’t start from here.” The point is not that single-payer is a bad idea. It is that given […]

What If Thomas Friedman Had Decided Not to Claim In the Opinion Pages of The New York Times That Bernie Sanders Is a COMMUNIST?

What if our 2016 election ends up being between a socialist and a borderline fascist — ideas that died in 1989 and 1945 respectively? — Thomas Friedman, What If?, New York Times, today What if Thomas Friedman had decided not to claim in the Opinion Pages of The New York Times that Bernie Sanders is […]

Clinton’s Bizarre Attack on Her Husband’s 1992 Credentials to Be Elected Commander in Chief

The Clinton campaign is set to air this new, minute-long ad in Iowa and New Hampshire that has the feel of a closing argument: [picture from ad of a very solemn-faced Secretary of State Clinton standing next to Obama at the funeral of a fallen soldier or marine, and a link to the ad.] — […]

Recession or Resetion?

I wrote last summer that the Dow would not rise much above 17,300 and then eventually drop from that level into a recession. We see markets dropping now, but are they dropping into a recession or a resetion? What is a resetion? That is when the markets “reset”. Stock values have been high so at […]

The little problem with Clinton’s message that Krugman doesn’t mention in his critique of Clinton and Sanders today: Her incessant claim that only taxes bears negatively against “incomes”. [Edited and typo-corrected. 1/20 at 11:34 a.m. Addendum added 1/20 at 11:50 a.m.]

[T]there are serious questions about how we’re going to pay for what we want to see our country do. And, I’m the only candidate standing here tonight who has said I will not raise taxes on the middle class. I want to raise incomes, not taxes, and I’m going to do everything I can to […]

FOLLOW-UP TO: The critical point that Paul Waldman highlights, perhaps unwittingly, about the healthcare debate between Clinton and Sanders

FOLLOW-UP TO: The critical point that Paul Waldman highlights, perhaps unwittingly, about the healthcare debate between Clinton and Sanders I exchanged the following comments with reader Lyle in the Comments thread to my post titled “The critical point that Paul Waldman highlights, perhaps unwittingly, about the healthcare debate between Clinton and Sanders”: Lyle /January 18, […]

The critical point that Paul Waldman highlights, perhaps unwittingly, about the healthcare debate between Clinton and Sanders

Back when I was in college, a professor in one of the science courses I took in order to fulfill the Liberal Arts Science requirement made the point—maybe specifically in refutation of Creationists, although I don’t remember—that it is scientists, not those who contest and try to interfere with scientific discoveries, who will ultimately prove […]

Hillary Clinton just handed Republicans a devastating ad against her? Really, Chris Cillizza? Devastating?

Hillary Clinton had a clear strategy going into Sunday night’s fourth Democratic presidential debate: Hug President Obama — at all costs. “We have the Affordable Care Act,” Clinton said. “That is one of the greatest accomplishments of President Obama, of the Democratic Party, and of our country.” “I’m going to defend Dodd-Frank and I’m going to […]

Why Do So Many Wealthy Democrats Think The Only Money That Matters To The Hoi Polloi Is The Money They Must Pay To The Government? [with update]

Second, single-payer would require a lot of additional tax revenue — and we would be talking about taxes on the middle class, not just the wealthy. It’s true that higher taxes would be offset by a sharp reduction or even elimination of private insurance premiums, but it would be difficult to make that case to […]