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

David Leonhardt needs to retire, having abdicated responsibility

by Ken Houghton I don’t believe David Leonhardt is an idiot, but that’s not based on the evidence at hand: There are really only two [questions]: What steps are most likely to solve the immediate crisis? And how can the long-term cost to taxpayers be minimized? Everything else — reducing executive pay on Wall Street, […]

Economics Makes for Strange Sick-Bed Fellows

Obama ready to cave in to insurance industry AKA ‘Her Way’; Obama Health Plan Could Go In Clinton’s DirectionTeddy Davis, John Santucci and Gregory Wallace ABC News 06.29.2008 Obama’s surrogate [Dr. Kavita Patel] made her comments Wednesday while representing him at a National Journal health-policy forum moderated by Ron Brownstein, the political director of Atlantic […]

Senator Obama chooses Jason Furman econ advisor

By: Divorced one like Bush From this story at Common Dreams comes the news that Senator Obama has chosen Jason Furman as an economic advisor. The story notes Mr. Furman’s fame for his defending of the Walmart model. The one that states Walmart is helping the less fortunate. I don’t buy it in the big […]