Archive for October, 2009

Oct30th2009

Is Racism Still Important?

A continued theme on Matthew Yglesias blog is that conservatives in general are more concerned with anti-racism than racism, this is how he explains it:
“…most conservatives, think that the preeminent racial problem in the United States is that white people are too put upon by political correctness. Conservatives are very very very concerned about this […]

Oct29th2009

The Public Option Or A Public Option

Arnold Kling asks a good question:
Just once, I would like to see someone making this argument collect data on how where insurance company overhead comes from. I suspect that very little of it comes from designing means for selecting customers in the individual market. Instead, I suspect that a lot of overhead is associated with […]

Oct28th2009

Quote Of The Day

“According to a new study, Amtrak lost $462 per passenger on its route from New Orleans to Los Angeles and $193 per passenger on its route from Chicago to San Francisco in 2008. In each case I found a variety of airline flights for just over $100 on these routes. Therefore, it would have been cheaper […]

Oct27th2009

Quote Of The Day

“The newly reinvigorated advocates of a “public option” in health care argue that government, with its limitless deep pockets, with its ability to sustain an economically unviable operation indefinitely through its taxing and borrowing power, provides fair and meaningful “competition” to private health care providers and insurers.  Well, then, why not have private providers compete […]

Oct26th2009

The Number 1 Mistake

Juan Williams on the #1 mistake liberals and conservatives make:
On the No. 1 mistake liberals make: “The world is changing fast. There’s a need for innovation,” and “liberals are slow to react. For example, the biggest challenge of our time is education, and the poor quality of education for minorities. How can we have a […]

Oct23rd2009

Quote Of The Day

“Nor, as Dan notes, are we particularly likely to lose our status as the world’s reserve currency, because the Euro isn’t very good at being a reserve currency for a number of reasons, and most of the other currencies have too small an economic base to sustain those kinds of capital flows.  To which I’d […]

Oct22nd2009

Quote Of The Day

“I’m exhausted and can’t stop crying.  What have I gotten myself into?  I suck at this.  There’s always so much to do, and I don’t feel like I’ve ever done enough.  The majority of my students are failing and not just cause they don’t turn things in, but because they are straight up failing their […]

Oct21st2009

Quote Of The Day

“Earlier in the day, I’d been talking to MIT economist Jon Gruber about this issue. “There are a few things economists believe in our souls so strongly that we have a hard time actually explaining them,” he said. “One is that free trade is good and another is that health-care costs come out of wages.” […]

Oct20th2009

Quote Of The Day

“There’s often a kind of conventional idea on the left that the United States is an unusually racist society. And I think there’s also often a kind of image of Europe as a place where more of the progressive agenda has been achieved than in the USA. But I think that you’ll find if you […]

Oct13th2009

The Part Of ObamaCare You Wont Hear Obama Talking About

Kevin Hassett of AEI reports:
The report projected that the excise tax would raise about $52 billion in 2019. Of that, about $8.9 billion would come from taxpayers with incomes of less than $50,000; about $19.4 billion from taxpayers with incomes between $50,000 and $100,000; and about $17.4 billion from taxpayers with incomes between $100,000 and […]

Oct5th2009

Quote Of The Day

“It seems to me that there are two ways of thinking about how monetary policy would react to fiscal stimulus.  One approach would be to ask:  “What is the optimal Fed response to fiscal stimulus?”  And the answer to that question is rather obvious; the Fed should act in such a way as to completely […]

Oct1st2009

Quote Of The Day

“Cash for Clunkers moved a bunch of auto sales forward, causing people who thought they might replace their car in the next year or two to rush into the showrooms.  Now, in the aftermath, sales are plummeting:  47% at GM, 44% at Chrysler, 8.9% at Ford, 16% at Toyota, 23% at Honda, 11% at Nissan.  […]