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

Sore-Losing Doesn’t Bode Well for Well-Considered Policy Choices on Taxes…

by Linda Beale Sore-Losing Doesn’t Bode Well for Well-Considered Policy Choices on Taxes… Romney and Ryan have apparently joined the GOP sore-losers ranks most ably demonstrated by John McCain’s bitter post-presidential candidate spin.  Romney betrayed the GOP’s disregard for ordinary Americans in a post-election talk with some of his major donors. Like his “47% comment” […]

One Nation, Divisible

We are a country not just divided, but fragmented along axes of race, age, religion, economic status and geography.  There are now 15 States where citizens have filed petitions to secede from the Union.  “These include Louisiana (which led the charge), the Republic of Texas, Kentucky, Colorado, New Jersey, Montana, North Dakota, Indiana, Mississippi, North […]

Romney shows he’s a "know-it-all" who has no real ideas at all

(Dan here… This one is still relevant.  I let it hang in drafts by mistake.) by Linda Beale Romney shows he’s a “know-it-all” who has no real ideas at all. I missed almost all of the first debate but watched most of this second one.  My quick sum-up of the action was the Obama was […]

Romney’s CRUT Tax Shelter

by Linda Beale Romney’s CRUT Tax Shelter\ The Bloomberg press has looked further at Romney’s use of trusts and other arrangements to avoid taxes, using Freedom of Information Act requests to obtain more information than was released by Romney in his meager tax return release. Romney established a charitable trust in 1996 of a type […]

Mainstream and Semi-Mainstream Allegations Against Sitting Presidents

by Mike Kimel Mainstream and Semi-Mainstream Allegations Against Sitting Presidents I think back to each of the Presidents who was in office since Reagan,under whom I was old enough to start paying attention. And I wasthinking of the allegations that were made against each by theirpolitical enemies. I’m going to ignore the real fringe stuff, […]

Polling Obsession

The 2012 Presidential is so close just so close that not only do different polls show different results but different averages of polls do. OK it is clear that extremely fancy models such as the fivethirtyeight model which attempt to assign undecideds and use state data to estimate the national vote and vice versa are […]

Mark Thoma presses the issue of increasing income inequality

Mark Thoma  presses the issue of increasing income inequality: Via an email from Lane Kenworthy, here’s more research contradicting the claim made by Kevin Hassett and Aparna Mathur in the WSJ that consumption inequality has not increased (here’s my response summarizing additional work contradicting their claim, a claim that is really an attempt to blunt […]

Romney, Family Business, Carried Interest, and potential conflicts of interest

by Linda Beale Romney, Family Business, Carried Interest, and potential conflicts of interest Just a quick note this morning on an interesting article in the October 29, 2012 edition of The Nation magazine, Lee Fang, Romney Family Business: Investors in Tagg Romney’s firm, Solamere Capital, could hit the jackpot if his father wins, The Nation […]