€urosclerosis: The Greeks have revolted

From The Wall Street Journal: Syriza Victory in Greek Election Roils European Debate Over Austerity Leftist Party’s Win Is Likely to Embolden Populist Movements Elsewhere in Eurozone By Marcus Walker | Jan. 25, 2015 8:33 p.m. ET BERLIN—For five years, Europe’s common-currency bloc has squabbled over whether the solution to its economic crisis lies in …

Continue reading ‘€urosclerosis: The Greeks have revolted’ »

€urosclerosis: The Greeks are revolting!

From The Wall Street Journal: Syriza Poised for Victory in Greek Election Vote Results Could Determine Country’s Future as Eurozone Member By Nektaria Stamouli and Alkman Granitsas | Updated Jan. 25, 2015 12:25 p.m. ET ATHENS—Greece’s radical leftist Syriza party was poised to win a historic victory in national elections Sunday as exit polls showed …

Continue reading ‘€urosclerosis: The Greeks are revolting!’ »

Unable to be a halfway decent President, Barack Hussein Obama reverts to what he does best: campaign.

The tasks of running for President and actually being a good President are two very different things, and Barack Obama has shown us, very clearly, that being very good at the former doesn’t mean that a person will be any good at the latter. From The Wall Street Journal: Obama to Propose Tax Increases on …

Continue reading ‘Unable to be a halfway decent President, Barack Hussein Obama reverts to what he does best: campaign.’ »

I is smarter than a Harvard professor!

Or maybe I’m just not as big a hypocrite! Your Editor has stated, on numerous occasions, that we can’t add 30 or 40 or 50 million people who couldn’t pay for insurance themselves to the insurance rolls without either increasing costs or decreasing services, or both.  All of those statements were on the old Common …

Continue reading ‘I is smarter than a Harvard professor!’ »

€urosclerosis: Well, wahhh! The Greeks don’t want to pay their own bills!

It’s been a while since we’ve noted the economic problems of the eurozone, but those problems never really went away. From The Wall Street Journal: France and Germany Push Athens on Bailout Commitments French President Francois Hollande Raises Possibility of Greece Leaving Eurozone By William Horobin in Paris and Andrea Thomas in Berlin | Jan. …

Continue reading ‘€urosclerosis: Well, wahhh! The Greeks don’t want to pay their own bills!’ »

Why should they work?

From The Wall Street Journal: Labor-Market Dropouts Are Staying Out Low Workforce Participation Rate, Amid an Improving Economy, Nags at Economists By Josh Zumbrun | December 28, 2014 2:10 p.m. ET A U.S. economy that suddenly looks healthy—50 straight months of job gains, best quarter of growth in 11 years—is falling short in a key …

Continue reading ‘Why should they work?’ »

In 2009, we told you that the best thing we could do for the economy was nothing at all. It looks like we were right.

From The Times of India: Japan’s Abe unleashes stimulus plan to spur growth AP | Dec 27, 2014, 06.53 PM IST TOKYO: Japan’s cabinet approved 3.5 trillion yen ($29 billion) in fresh stimulus on Saturday for the ailing economy, pledging to get growth back on track and restore the country’s precarious public finances. Prime Minister …

Continue reading ‘In 2009, we told you that the best thing we could do for the economy was nothing at all. It looks like we were right.’ »

Frack, baby, frack!

One thing I love about the internet is that it is forever! Here’s the tweet that put me on the right path: Remember when Republicans were ridiculed for saying domestic drilling would lower gas prices to under $2/Gal? #tcot pic.twitter.com/WnilDxHves — Barney Franken (@BarneyFranken) December 13, 2014   Which I followed to the story, in …

Continue reading ‘Frack, baby, frack!’ »

The left and the working class

From the Op/Ed page of The New York Times: Have Democrats Failed the White Working Class? By Thomas B Edsall | December 9, 2014 Why don’t white working-class voters recognize where their economic interests lie? Somewhat self-righteously, Democrats keep asking themselves that question. A better question would be: What has the Democratic Party done for …

Continue reading ‘The left and the working class’ »