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

S&P 500 under Democratic and Republican Presidents

I hear so many things about how investors prefer a Republican president I often  wonder if they have ever looked at the data.  Of course from just looking at a chart of the S&;P 500 since WWII  it is hard to see how the market has performed under different presidents.   Maybe this chart that […]

Romney’s "Binders full of women" comment

by Linda Beale Romney’s “Binders full of women” commenteditor’s note:  this is a political commentary and not a tax discussion. When Romney was asked what he could do about the inequity in women’s compensation, he didn’t answer the question.  He tried to turn it to his advantage by telling a story of how he ended […]

Romney’s Tax (Mis)Calculations:

by Linda Beale Romney’s Tax (Mis)Calculations: if your two and two don’t add to four, pretend the Laffer curve gives you more Anybody watching last night’s presidential debate surely became aware at some point that Romney’s so-called “plan” for economic growth is an empty shell based on the idea that he’s made money for himself […]

The 1964 Tax Cuts and Economic Growth – Paul Ryan Edition

by Mike Kimel The 1964 Tax Cuts and  Economic Growth – Paul Ryan Edition  During last week’s Vice Presidential debates, Paul Ryan stated: “Jack Kennedy lowered tax rates, increased growth.”  There was some commentary about Biden’s response (“Oh, now you’re Jack Kennedy.”) but just about everyone seems to miss what I think is the important point. Take […]

Strategic Lying as Political Art

If you listen to Randi Rhodes, you know she is still livid over Romney being declared the “winner” in last week’s – we’ll call it a “debate” for the nonce. Alas, though, the reason he won is that poll numbers have moved in his favor.  Whether that bounce is robust remains to be seen.  But […]

Obama ready to deal on Social Security?

Lynn Parramore notes the part of Social /security in the debates: Watching Wednesday night’s presidential debate, you’d have to be a crack political code reader to know what Obama was really saying about Social Security. It was quick. It was subtle. But it was one of the most telling moments of the debate. First, let’s get […]

Deregulatory? Libertarian approach? Non dictatorial? Some humor is necessary

Jim Lehrer parody… Lehrer has defended his approach today. Of course, the debate format incentivizes particular behaviors for both men and their teams. Eyewitnesses tell their stories all over the web.  What is yours?