Over the last week the various talking heads have come to a consensus on two points about Iraq. One, given what we know now OF COURSE it was a mistake to go to war on Iraq. And two, why on Earth weren’t Jeb and Marco prepared to answer this obvious question in that obvious way? […]
“People often talk about the electorate moving left,” said Clinton senior policy adviser Jake Sullivan. “I think it’s more that the electorate is just getting more practical. For Hillary Clinton, that matches her evidence-based approach. The arguments that persuade her are evidence-based and progressive.” He cited the growing consensus that mass incarceration is expensive and […]
Worthy of a read of (or if you want a listen to) a recent Commencement speech given by Ken Burns at Washington University calling on recent graduates to help fix what previous generations have left broken and incomplete. I have posted both the verbal and the written version for you to select. A comment extracted […]
Little John April 28, 2015 4:53 pm Yeah Bruce. Hillary is probably jumping out of her skin in joyous celebration. Beverly Mann April 28, 2015 11:33 pm She should be, Little John. I’ve soured on O’Malley after reading a long article in the Washington Post a couple of days ago about his policing innovations–such as […]
Was the invasion of Iraq in 2003 a mistake based on false intelligence gathered post 9/11? Well for some that might be a reasonable excuse, say for the Senators who voted for the 2002 AUMF – the Authorization for the Use of Military Force against Iraq. Even they would have some things to explain and […]
The Effective Demand limit upon the economy is not a very visible concept in the econo-blogosphere. Yet, it represents a limit upon the utilization of labor and capital toward the end of a business cycle. When real GDP reaches its effective demand limit, normally we would see capacity utilization peak and start to fall. Capacity […]
– McDonalds turns 75 today, an empire of 36,000 restaurants in 199 countries. McDonalds is the largest buyer of beef, pork, potatoes, lettuce, and tomatoes globally and the second largest buyer of chicken after KFC. While faced with greater competition, McDonalds has started to revamp its offerings to recapture what it has lost and meet […]
A little Linda Ronstadt to Soothe the Night . . .
A number of authors (Good Jobs First, David Cay Johnston, me, and me, among others) have pointed out that data centers (aka server farms) in the United States create very few jobs, yet receive state and local government subsidies that routinely exceed $1 million per job. I’m sure you already know that numbers like those […]