Monday, May 23, 2011

2012 Prognostication

Unemployement is stuck around 9% and gas is hovering around 4$ a gallon. While I believe Obama is likely to get re-elected, so long as the economy sucks this is no sure thing and if the economy were to backslide (hello Spanish or Italian default and the resulting havoc on every Americans 401k) I could imagine just about anybody beating Obama. Ergo, if I were a Republican candidate considering running I would go ahead and do so. There is no clear favorite in the primary and whoever emerges has a good chance at victory without lifting a finger. On to my predictions: I think the Republican nominee will be Tim Pawlenty and if unemployment hits 9.5% or above by October 2012 he will be President.

Tuesday, May 17, 2011

Health Care Link

Thursday, May 12, 2011

Another Good Quote

John Cogan this time:
"But regardless of how much they have contributed, the hard reality is that the federal government has already spent it. No matter how deserving they are, it is younger generations of workers who have to come up with the money."

The Conundrum

Arnold Kling wrote this post a little while ago and I wholeheartedly agree with him:
"I don't think of the long-term budget fight as being between Democrats and Republicans or between rich and poor. I look at it as a fight between people with funded retirements and unfunded retirements."