Fucking hypocrites all. Canning highlights the willingness with which many on either side change principles based on their preferred outcome. The whole practice of gaveling the Senate to order to prevent recess appointments was a Democratic innovation used expressly to screw over George W. Bush. Back then, Senate Republicans trotted out what came to be […]

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How dare Walmart offer more comprehensive insurance plans at a lower price than Obamacare! Richard Pollock at the Washington Examiner: New Obamacare health insurance enrollees may feel a pang of envy when they eye the coverage plans offered by Walmart to its employees. For many years, the giant discount retailer has been the target of […]

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I get this weird feeling that I’ve seen this before. Wapo: President Obama’s economic advisers and outside experts say the nation’s much-celebrated housing rebound is leaving too many people behind, including young people looking to buy their first homes and individuals with credit records weakened by the recession. In response, administration officials say they are […]

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Thomas Sowell on the politics of enacting budget cuts: Back in my teaching days, many years ago, one of the things I liked to ask the class to consider was this: Imagine a government agency with only two tasks: (1) building statues of Benedict Arnold and (2) providing life-saving medications to children. If this agency’s […]

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Reason on Standard and Poors’ downgrading of US Credit today: Fiscal denialists thought we could just keep getting away with having some of the worst finances in the developed world. That dream should now be over. Full story here.

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The Times finally runs an opinion column finally worth printing. Money quote: Last week, in his address on deficit reduction, the president followed the playbook once again. In the throat-clearing section of the speech, Obama promised “tough choices” that put “everything on the table.” But his tax proposals were aptly summarized by The Atlantic’s Clive […]

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This is why Republicans suck and end up chasing voters away. Instead of worrying about my jerk flicks, why the fuck don’t you worry about making government smaller?1 _______________ 1. You know, instead of worrying about how the government can stick its nose in business that isn’t fucking yours.

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Who could have guessed that raising taxes to punitive levels doesn’t change behavior, but leads people to the black market? Le Times: Itinerant cigarette vendors have long been a fixture in some parts of the city, like bodegas that sell individual cigarettes in violation of state law. But with cigarette prices up and the number […]

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The Wall Street Journal on Obama’s “debt reduction” speech: Mr. Obama did not deign to propose an alternative to rival Mr. Ryan’s plan, even as he categorically rejected all its reform ideas, repeatedly vilifying them as essentially un-American. “Their vision is less about reducing the deficit than it is about changing the basic social compact […]

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Via The Guardian concerning budgetocalypse: Some economists and political scientists also raise what they see as the danger of Republican cuts slowing or even reversing America’s climb out off recession. Thomas Ferguson, professor of politics at the University of Massachusetts, said there was a danger of repeating the mistakes of the Great Depression by chopping […]

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