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

Sighhhh. [Addendum added.]

Sarah Kliff has a very helpful account of Vermont’s attempt to create a state-level single-payer health care system, and why it failed. It’s a bit like the old joke about the farmer, asked for directions, who says “Well, I wouldn’t start from here.” The point is not that single-payer is a bad idea. It is that given […]

Clinton’s Bizarre Attack on Her Husband’s 1992 Credentials to Be Elected Commander in Chief

The Clinton campaign is set to air this new, minute-long ad in Iowa and New Hampshire that has the feel of a closing argument: [picture from ad of a very solemn-faced Secretary of State Clinton standing next to Obama at the funeral of a fallen soldier or marine, and a link to the ad.] — […]

The little problem with Clinton’s message that Krugman doesn’t mention in his critique of Clinton and Sanders today: Her incessant claim that only taxes bears negatively against “incomes”. [Edited and typo-corrected. 1/20 at 11:34 a.m. Addendum added 1/20 at 11:50 a.m.]

[T]there are serious questions about how we’re going to pay for what we want to see our country do. And, I’m the only candidate standing here tonight who has said I will not raise taxes on the middle class. I want to raise incomes, not taxes, and I’m going to do everything I can to […]

Why Do So Many Wealthy Democrats Think The Only Money That Matters To The Hoi Polloi Is The Money They Must Pay To The Government? [with update]

Second, single-payer would require a lot of additional tax revenue — and we would be talking about taxes on the middle class, not just the wealthy. It’s true that higher taxes would be offset by a sharp reduction or even elimination of private insurance premiums, but it would be difficult to make that case to […]

Did Clinton Really Agree That Denmark Is an Inspiring Example for Democrats to Cite?

Denmark isn’t a middle-class, capitalist, entrepreneurial country?  Because it has universal healthcare, free college, free day care, and guaranteed family and medical leave?  Really, Secretary Clinton?  Really? — Me, here, Oct. 14 No doubt surprising many of the people watching the Democratic presidential debate, Bernie Sanders cited Denmark as a role model for how to […]

Why does Clinton keep getting away with saying that gun manufacturers are the only industry in America that is immune from being held accountable for criminal acts by the purchasers of their products? Almost NO manufacturers are, by law, accountable for criminal acts by purchasers of their products. Someone should ask her to name one that is.

Senator Sanders did vote five times against the Brady Bill. Since it was passed, more than 2 million prohibited purchases have been prevented. He also did vote, as he said, for this immunity provision. I voted against it. I was in the Senate at the same time. It wasn’t complicated to me. It was pretty […]

Why does Clinton’s senior policy adviser Jake Sullivan think liberals support bottlenecks for small business loans? And does Clinton REALLY think that if Corrections Corporation of America and its chief competitor (Marco Rubio’s tacit business partner, GEO) reduce their prices, mass incarceration should continue?

“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 […]

The ‘Brook Hill Dog’ Lithograph–With Update (albeit not on the subject of the original post)

Some of AB’s regular readers might have picked up on the fact that I’m obsessed with animal rescue.  (Dan Crawford sure has!)  And since AB is mostly an economics/fiscal-policy blog, it probably has readers who buy art and antiques. Soooo …. I thought I’d pass this along.  The key sentence is near the end of the article: […]

Why are so many Dem-leaning pundits so profoundly clueless? [Updated.]

Today, Martin O’Malley, the former Maryland governor who has been talking about challenging Clinton from the left, was repeatedly asked by reporters to comment on Clinton’s emails, and he repeatedly refused. Not because he doesn’t think there are legitimate questions here, but because his advisers say raising them might reflect badly on him: “His advisers say there’s […]

Scott Brown Solves the Mystery of What All Those Mega-Corporations Are Doing With Their Record Profits

They’re spending it on lawyers! I’m not kidding.  Brown told a 27-year-old Fidelity Investments retirement specialist that big corporations can’t afford to hire people because they’re spending so much money on lawyers.  Which they have to do because of all those regulations.  Which is why he wants to “loosen regulations on big companies”: “So they […]