Category Archives: Economics

Traffic Jams

the science.

This had me scratching my head, though. It lists the top ten most congested highways (not sure how they measure that), and I found a couple of surprises.

First, that none of them were in southern California. I would have thought that the 405 through West LA and over Sepulveda Pass into the Valley would have been a prime candidate.

Second, that they list the merge between northbound US-23 and northbound I-75, in Detroit. Only one problem. Those two highways merge in Flint, sixty miles northwest of Detroit (and my home town). And while I haven’t spent much time there lately, I have been there some, and I’m quite surprised that it beats all of the Detroit freeways for congestion. The only time I can imagine it would be a big problem is on holiday weekends with people coming from the Detroit area heading up north. Even then, it can be avoided by taking I-475 through town. I’d like to know how it got so designated. It makes me question the validity of the rest of them as well.

Dispatch From The Bizarro World

of Democrats:

Thanks to this bill — which doesn’t touch any of the civil service protections afforded public workers, nor any private-sector unions — public sector workers will have a choice over whether to join a union. Thanks to this bill, public workers who elect not to join a union won’t be forced to pay dues anyway. Thanks to this bill, elected officials won’t be negotiating away taxpayer dollars with the people who finance their campaigns. So, naturally, the Democrats call it the the undoing of fifty years of “civil rights.”

Naturally.

Cheer Up

The world’s biggest bond fund is dumping US debt:

You may think the Ryan Roadmap looks harsh and disruptive. But we simply must start dealing with these things right now, while we have some resources, some options, and some time. It will be much more harsh and disruptive to try to deal with these things after the fiscal crisis is upon us, when inflation is skyrocketing, unemployment is through the roof, and the markets start demanding a very high premium to finance the debt of Washington, the states, and the cities, if indeed investors are willing to do so at all.

We are in an extraordinarily dangerous period, one that calls for real leadership in Washington, where the geniuses in charge are currently locked in a death struggle over whether to cut nothing or next to nothing.

NPR? Foreign aid? Food stamps? That isn’t going to do it. The fact that we’re even having a discussion about whether we have to federally subsidize experimental opera companies in Topeka suggests that the message has not quite hit home. Maybe when the Social Security checks stop coming, Americans will notice. Which is to say, when it’s too late.

The country’s in the very best of hands.

Tiny Cuts

big complaints:

The cuts represent less than 2 percent of the total budget, less than 4 percent of the deficit, and less than 5 percent of discretionary spending, which rose in real terms by 75 percent from 2000 to 2010 and by about 9 percent in each of the last two fiscal years. If the House-approved reductions would be “the largest one-year cuts in history,” as the folks at Every Child Matters say, that is a sad commentary not on Republican cold-heartedness but on the fiscal incontinence of both parties.

They squeal like stuck pigs at pinpricks.