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PoliticsAnalysis and Commentary

For Pete’s Sake: Tough Times In California Will Call For A Tougher Governor

by Bill Whalenvia California on Your Mind
Thursday, August 22, 2019

This column begins with birthday felicitations for my former boss, Pete Wilson, who turns 86 later this week.

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New Issue Of Eureka: Issue 1903

via Eureka
Thursday, August 22, 2019

New Issue of Eureka, Issue 1903, is available online.

Analysis and Commentary

Inflation, And History

by John H. Cochranevia The Grumpy Economist
Thursday, August 22, 2019

Phil Gramm and John Early have an excellent WSJ oped on inflation measurement. 


Victor Davis Hanson: What Could Sink Trump’s Chances In 2020?

by Victor Davis Hansonvia Fox News
Thursday, August 22, 2019

What factors usually reelect or throw out incumbent presidents? The economy counts most. Recessions, or at least chronic economic pessimism, sink incumbents. Presidents Jimmy Carter and George H.W. Bush were tagged with sluggish growth, high unemployment and a sense of perceived stagnation — and were easily defeated.

In the News

A New Nuclear Arms Race? How The U.S. Withdrawing From A Treaty With Russia Increases The Risk

quoting George P. Shultzvia America Magazine
Wednesday, August 21, 2019

The Trump administration ended nuclear arms control as we know it on Aug. 2, just a few days before the anniversaries of the Hiroshima and Nagasaki bombings. The Intermediate Nuclear Forces Treaty between the United States and the former Soviet Union, the withdrawal from which the United States first signaled last fall, was developed during the Reagan administration and signed by President Reagan in December 1987. It banned the deployment of ground-launched conventional and nuclear ballistic and cruise missiles with ranges of 500 to 5,500 kilometers (310 to 3,400 miles).

In the News

The Global Economy Has Become More Likely To Fail

quoting Michael R. Auslinvia The Hill
Wednesday, August 21, 2019

The number of political and economic germs that are flitting around the world has increased and there are mounting fears that these are becoming resistant to the fiscal and monetary pills, powders and injections. The recession word is popping up with increasing frequency. Global trade is in the doldrums, industrial production is hit hard, debts have reached record highs and growth is slowing in most places.

In the News

India's Plan To Float Foreign-Currency Bonds Stalls

quoting Raghuram Rajanvia Nikkei Asian Review
Wednesday, August 21, 2019

NEW DELHI -- The Indian government's plans for its first foreign-currency bonds appear to have run aground in the face of criticism from economists and a lack of clarity about how much borrowing will take place.

In the News

It's The U.S. Fed, But The World Will Have Its Say

quoting Raghuram Rajanvia
Wednesday, August 21, 2019

WASHINGTON — The U.S. Federal Reserve has a purely domestic mandate, answerable to an elected Congress and facing nearly daily demands from an outspoken president.

In the News

Dems Memory-Hole Their Records And Other Commentary

quoting Victor Davis Hansonvia New York Post
Wednesday, August 21, 2019

“Rarely have we seen an entire primary field of candidates scrambling to renounce all their past identities and agendas — and to do so unapologetically, abruptly and vehemently,” National Review’s Victor Davis Hanson writes of the 2020 Democratic presidential hopefuls. Apparently, all of the candidates believe that the way to the top is to take back everything they once said they believed in when it comes to issues like immigration and law and order. 

Analysis and Commentary

The Kids Who Had Been “Left Behind” Are Doing Much Better Today Than 25 Years Ago. But What About Everyone Else?

by Michael J. Petrillivia Thomas B. Fordham Institute
Wednesday, August 21, 2019

Student outcomes rose significantly for the lowest-performing students and students of color from the late-1990s until the Great Recession—especially in reading and math, but in other academic subjects, too. There’s also been big recent improvement in the high school graduation rate for these groups.