Jonah Goldberg poses an Upward Mystery after reading one of his emails: Gas prices go up, driving stays the same. Interest rates go up, the economy keeps on chugging along … If things are so bad, how come they’re so good? This post came after he linked to an interesting article from Nick Schulz: But […]
Think Progress, Christy Hardin Smith, and the DSCC congratulate Tony Snow on his being appointed as President Bush’s chief excuse maker with a few quotes from the past. Byron York provides us with one of his reader’s views on all of this: Of course, these (Center for American Progress) are among the same people who […]
NewHounds watch Fox so we don’t have to: Hannity’s face was in the bullyboy squint and he jabbed his finger as he spoke to “Democratic strategist” Bob Beckel. “I want YOU to know, Bob Beckel, I give blame for high gas prices. 30 years of the Democrats beholden to the extreme environmental movement, we haven’t […]
High comedy from NRO’s The Corner as JPod accuses Rand Beers of leaking: So Newsweek is reporting that Mary McCarthy denies being the leaker. This despite stories in the press saying that she failed a lie detector test and admitted to it. McCarthy’s not the the one who told Newsweek. Do you know who did? […]
AB reader ilsm points us to a set of White House graphs on employment, GDP growth, and the budget. More on this after thanking Brad DeLong for commenting on a comment from Greg Mankiw on our fiscal future. Greg reminds us that we have to choose between reducing entitlement growth versus imposing taxes even higher […]
Mark Thoma finds this gem from the Columbia Business School Follies about Ben Bernanke … enjoy! Check this out: “Every Breath You Take,” by Dean Glenn Hubbard. It’s worth it (music video about Bernanke to the tune of “Every Breath You Take” – wmv file). Update: iTunes link (mp4).
KLo suggests that Senator Kennedy is a socialist for telling Russert: And he ought to activate and call the Federal Trade Commission-which is basically a sleepy organization that has given an interim report in terms of price-fixing and gouging-he ought to get them off and have them working seven days a week, 24/7, to make […]
Donald Luskin performs a public service – sort of. He warns us that the Bush White House still wants to deform the current Social Security system: But reform isn’t dead. It can’t die. Reform is inevitable, because the Social Security system really is in crisis, in the sense that the accounting mirage of the Trust […]
Larry Johnson comments on the firing of whistleblower Mary McCarthy: I am struck by the irony that Mary McCarthy may have been fired for blowing the whistle and ensuring that the truth about an abuse was told to the American people. There is something potentially honorable in that action; particularly when you consider that George […]
We have been hearing about record oil prices. We all know how the press tends to ignore the nominal to real distinction so I decided to check out the excellent graphs from WRTG Economics. Their graph of real oil prices from 1947 to 2004 express oil prices in term of 2004$. For a brief period […]