It's national election season, which means perspective on the economy is badly needed. Thanks to Rossputin for highlighting this article from economists Brian Wesbury and Robert Stein. Read the whole thing for yourself, but interesting tidbits are that family income last year hit its first all-time high in 7 years, income inequality declined faster than at any point in the previous 45 years, and the poverty rate stayed below its pre-1999 norms. Yes, economic growth has lagged, causing the country to flirt with recession. But according to Wesbury and Stein, "these figures bolster the case that the underlying fundamentals of the US economy were sound in 2007, before the Federal Reserve decided to try to inflate our way out of financial … [Read more...]
Archives for September 2008
More Sarah Palin Tidbits
A source in El Paso County tells me that this Saturday's John McCain-Sarah Palin event in Colorado Springs has long since exhausted its 10,000 ticket supply and has put thousands more on waiting lists. I'm told this is bigger than President George W. Bush's appearance in Colorado Springs in 2004 - not surprisingly, as the conservative base has received its biggest jolt of inspiration since Ronald Reagan was running for President. Also, remember in last night's speech when Sarah Palin pointed out that her husband is a member of the United Steelworkers Union? Today, National Right to Work sends an open letter to Todd Palin informing him that he is inadvertently helping to fund attacks against his wife but can get some of that money back. … [Read more...]
Peter Blake Chronicles Amendment 49 for the Rocky Mountain News
Peter Blake yesterday wrote a great Rocky Mountain News column about one of the major initiatives on Colorado's statewide November ballot - Amendment 49:As [Jon] Caldara, head of the Independence Institute, likes to put it, government would no longer be able to act as "the bagman for political special interests."... No doubt passage of No. 49 would make it more difficult for unions to collect dues. But Caldara said that in the age of automatic bank transfers, union members can easily arrange to have dues deducted if they want. "Taxpayers don't have to be on the hook for doing the accounting, the bookkeeping and collection work for special interests and their lobbyists." Caldara maintains it's a conflict of interest for, say, school … [Read more...]
Alaska Can Have Bill Ritter … Colorado Will Take Sarah Palin Any Day
After last night's amazing speech, I'm jealous. Alaska, you can have Bill Ritter. Can we have Sarah Palin? Then I thought, in a few months she has a very good chance of being our vice-president. I'll settle for that. Interestingly, the Denver Post reports today about Gov. Ritter's lackluster speaking performance at last week's Democratic National Convention. A broken teleprompter appears to have been part of his problem. It seems Sarah Palin faced the same teleprompter problems, but went on unfazed to deliver a homerun. Could the same be said of Bill Ritter - or for that matter, Barack Obama - when they're off teleprompter? Broken teleprompter or not, I like this take from Michael at Best Destiny:But let me just leave this first … [Read more...]
Could It Be True: RNC Bloggers Being Subjected to the Spanish Inquisition?
Going to the Republican National Convention as a blogger never was really an option for me this year. But my friend and colleague El Presidente is on location and filing dispatches. Hadn't heard any complaints really until I flipped over to Pajamas Media and saw this report from Rick Moran:Here on what is passing for “Bloggers Row,†there is plenty of grumbling about the accommodations supplied by our hosts. Some descriptives are not printable. Most reflect a huge disappointment with the way the GOP has shunted most of the bloggers off to the side, far from the action, dispersed throughout a gigantic “Press Filing Center†where the working media comes to hook up to the net and file their stories.... ...The dungeon that the … [Read more...]
Posing as a Pundit
I will be joining a locally-televised makeshift panel of commentators on the Republican National Convention, tomorrow (Tuesday) evening live on KBDI Channel 12 from 7 to 9:30 PM. Details are on Jon Caldara's blog. … [Read more...]
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