Our economy is increasingly policy-driven, at least in the near- and medium-terms. What Congress and the president do or don’t do, what incoming Federal Reserve Board chairman Janet Yellen does or doesn’t do, will be important determinants of our growth, inflation, and job creation rates. So here is an attempt to see through the mist of obfuscation that is a feature of political and policy-making discourse, and spy the contours of future policy.
For just a moment, let’s pretend the GOP really were waging a “war on women.” Where would you go to find less inequality and chauvinism? According to the World Economic Forum in Davos, Switzerland, three of the best options for women seeking greater equality are Cuba, Nicaragua, and Burundi.
“The thrill is gone,” famously warbled B.B. King among others. And so it is for watchers of the U.S. economic scene. The eighteenth partial government shutdown is over, World War II veterans can legally visit the monument to their bravery, hikers can trek through national parks, and the National Institute of Health can resume its cancer research—all impossible to do when the Obama administration prevented amelioration of the hurt inflicted by the shutdown in order to maximize voter anger at the Republican party.
Louisana governor Bobby Jindal, the two-term Republican and potential presidential candidate, has announced the formation of a new group called America Next. The organization bills itself as a "conservative policy group" that aims to "focus on winning a war of ideas." Here's an excerpt from a mission statement by Jindal on the new group's website:
If not Janet Yellen, who? Larry Summers wanted the job, but couldn’t win the support of leftish Democrats and feminists. Former Treasury Secretary Tim Geithner, who can have Ben Bernanke’s job as chairman of the Federal Reserve board for the asking, is said to have told the White House that he doesn’t want the post.
First Lady Michelle Obama's office is holding a conference call with reporters now to tout her "New Effort To Encourage Everyone to Drink More Water," according to the White House. The content of the call is "embargoed until 6:00AM ET on Thursday, September 12."
Charlie Rose last night asked President Obama his new Syria policy. The president first objected to it being called a new policy. "I'm not sure you can characterize this as a new policy. This is consistent with the policy that I've had throughout," he said.
Thursday the White House announced that the American intelligence community assesses, with a level of high confidence, that the regime of Syrian president Bashar al-Assad used chemical weapons against the opposition multiple times, in a limited fashion. Now that it is clear Assad has crossed the Obama red line by using chemical weapons, the question is, has this changed the president’s “calculus,” as he said it might? The media is reporting that it has.
A list of rappers and stars, including Russell Simmons, LL Cool J, Lil Wayne, Ludacris, Kim Kardashian, and many more, have written an open letter to President Obama to ask that he ease the nation's drug policy. They also ask that prison policy be changed, too.
In these days of unprecedented monetary activism by the Federal Reserve, including massive purchases every month of federal government debt, it’s nice to see even a fledgling amount of resistance from attentive citizens. A bill now making its way through the Virginia legislature would establish a joint subcommittee “to study the feasibility of a metallic-based monetary unit.”
A women's group earlier today released a statement with the following headline, "More Women in Senate Likely Result Higher Taxes, Bigger Govt, Less Freedom." The group making the claim is the Independent Women's Forum.
The group says, "Policy More Important Than Gender Based Stereotypes."
New data compiled by the Republican side of the Senate Budget Committee shows that, last year, the United States spent over $60,000 to support welfare programs per each household that is in poverty. The calculations are based on data from the Census, the Office of Management and Budget, and the Congressional Research Services.
In the event the Supreme Court does not put Obamacare out of our misery next week, Mitt Romney ought be ready to roll with the punches and come out at once with Plan B. Plan A was to have the Court sever it neatly with one swing of the axe, but there was always the possibility the Court would not follow the returns of the recent elections. Plan B should be the political process, which involves not the minds of nine, but the intent of millions, expressed in the usual ways. Thus, Plan B should be to elect politicians who will undo Obamacare with the tools given their branches of government.