Did they doom the Obama presidency?
Neo-Keynesianism was never what it was cracked up to be. It was never really anything but an excuse for growth in government spending.
[Via Instapundit, who has the usual graphs]
Did they doom the Obama presidency?
Neo-Keynesianism was never what it was cracked up to be. It was never really anything but an excuse for growth in government spending.
[Via Instapundit, who has the usual graphs]
…by ObamaCare.
[Afternoon update]
I, Mark Steyn, National Review and CEI have been named. It’s four separate suits. I may be setting up a legal defense fund.
[Update a while later]
Here’s the story, at Fox News.
Legal Times has a story, too, as well as Ron Bailey at Reason. Also, Scientific American.
[Update a while later]
For those unfamiliar with the background, here are a couple articles at Forbes about the climate-gate whitewash.
Has Al Gore’s life been completely in vain? Actually, perhaps we should thank him for his hyperbolic support of his cause — it helped us to kill it off.
Lileks goes to Universal:
And then. Oh. My. And then you are suspended in the largest open space you can possibly imagine, flying. Over a forest. Under a bridge. The wind is in your face and you cannot see yourself attached to anything and the disorientation is utter and complete. I thought: well, this is everything I hate, isn’t it? So enjoy.
It was nothing I would ever willingly do, and it was spectacular. My God – you crashed through roofs, were spat upon by spiders, blasted by a dragon, something big like the limbs of a tree reached for you, and the spectacles moved with such speed it was difficult to discern the real from the filmed. By the end I’d given myself over completely to the experience, and was flying over the water to the very castle I’d entered an hour before, and it was the most utterly exhilarating thing I’d never really done.
There’s more.
Here’s an interesting commentary by Scott Pace and…Eric Anderson. I would have thought that an unlikely combination. Note the lack of specifics, including a monster rocket. Which is a good thing, I guess. It’s basically just “Obama’s space policy sux, and Romney’s will be great.” I’m thinking it’s not likely to move anyone’s vote.
[Update a few minutes later]
Here’s the counterpoint lauding Obama’s policy. I have to say that I agree with the criticism of Romney. If I were a single-issue voter on space, I’d vote for Obama, except for the fact that his general economic policies are harmful for small business and startups, which would make it harder to develop a privatized industry.
…of Obama supporters:
Let’s say that you have the ability to print your currency using your computer printer, and every merchant accepted your printouts as a valid exchange for goods and services. You need to pick up your dry cleaning? You printout a $20 bill and your cleaners hand over your garments without question. Same would be true for your mortgage, groceries, car note, etc. Your creditors even accept your printouts as payment on your debts.
Given this, how can you ever be broke? Answer, you cannot be broke. The U.S. government is not in debt simply because it can create currency to pay off the debt, and our creditors gladly accept our currency as payment on our debts. You see, the world needs our dollars because the world needs oil, and in order to buy oil, you need dollars, which means that the world needs to stockpile dollars, and that means that the U.S. can print all of the money that it wants without incurring massive hikes in interest rates to attract lenders.
This person is serious.
…has been reduced to broadcasting his nutty conspiracy theories from Facebook. Couldn’t happen to a nicer loon.
What do all these things have in common?
Other than electricity, they aren’t used to measure inflation. Which is little consolation to people on a fixed income, who still have to purchase them.
[Update a few minutes later]
This seems relevant to the post subject.