(Lifted from Robert’s Stochastic Thoughts) by Robert Waldmann Brad DeLong buries the Lead in what is left of George Will’s Credibility A 16th paragraph (if I counted right) at the Washington Center for Equitable Growth blog is more prominent that a first paragraph here, but Brad has never been a stickler for restrictions on fair […]
by Joseph Joyce Greek Tale(s) No matter what new twist the Greek debt crisis takes, there can be no question that it has been a catastrophe for that country and for the entire Eurozone. The Greek economy contracted by over a quarter during the period of 2007 to 2013, the largest decline of any advanced […]
Democrats should take continued GOP opposition to Obamacare very seriously. It has serious real-world consequences. As long as states hold out against the Medicaid expansion, it could slow the law’s efforts to realize its goal of expanding coverage. One thing this means is that Democrats should redouble their efforts to regain electoral ground on the level […]
In his dissent to Edwards v. Aguillard, Supreme Court justice Antonin Scalia made a neat distinction, sidestepping the issue of “legislative intent” that he finds so troubling: it is possible to discern the objective “purpose” of a statute (i. e., the public good at which its provisions appear to be directed), (The dissent is obsessed with […]
Via @mattyglesias I learn that David Scutt just reported that “Japan just blew past forecasts for unemployment and household spending” The unemployment rate is 3.3% and there are more vacant jobs than unemployed workers. Overall, Abenomics has worked very well indeed. I feel obliged to discuss this, because I was an extreme skeptic. More exactly, […]
[T]oday’s victory may have been even more decisive than it looks at first glance. It isn’t just that the Court ruled six-to-three in favor of the government’s position, with John Roberts and Anthony Kennedy joining the Court’s liberals in support of a single, non-splintered decision, though that’s important. It’s also that Roberts’ opinion may have precluded […]
Just want to let everyone know that the Fast Track bill just passed the house. The vote was 218 to 208 with 28 Dem’s voting for it. Imagine that. no provision for workers harmed by this and it passes. From the article here is Ryan’s take: “It gives America credibility,” Ryan said of TPA. “And […]