Huckabee Needs a New Day Job

Ted Nugent, Reverend Huckabee's role model for Republican childrenSo, we all know that Former Governor Mike Huckabee is part of Fox’s Newsertainment Industry.  Tonight, he announced that his heart wasn’t into running for president.  It’s more likely he’s been enjoying the money in his pocket.  Let’s just remind ourselves  that Mike Huckabee is a complete kook.

First, he made his announcement sitting next to Ted Nugent just one week after Fox News spent the week tut-tutting the Obamas for  inviting Poet and Rapper Common to the White House.  I’ll just let you see one of Ted Nugent’s finer moments.  Remember he not only is the one hit wonder dude of “Cat Scratch Fever”.  He’s a  gun fanatic and right-to-lifer only in this concert moment, he seems to be more gun crazed than pro-life.  Yes, he’s telling then Senator Obama to suck on a machine gun and then Senator Clinton to ride it into the sunset and he calls her a worthless “bitch” and “whore”. I guess suggesting suicide for Senators is a Republican Family Value.  And this language and gun worship would be different from gangsta rap lyric hows?

Yup, he’s certainly an uplifting addition to a show hosted by a baptist preacher! Which gun would Jayzuz choose?

Then there’s this enterprise via Political Animal.

This week, Huckabee launched a new educational company called Learn Our History. As the Fox News personality sees it, mean liberals have destroyed history lessons, and he intends to put things right. “America’s youth aren’t excited about our past because they’re being taught history in a way that minimizes what has made America a beacon of hope around the world for over 200 years,” Huckabee said in a press release.

As part of the Learn Our History approach, kids will follow the wacky adventures of the Time Travel Academy, an animated group of kids who offer lessons by riding their bikes to the past. Those who buy Learn Our History’s shameless, nationalistic propaganda lessons will finally get “historically accurate and unbiased education.”

You may either want to drink something or sit down before you watch this.  Steve Benen rightly called it Beyond Parody.  I don’t remember any black disco dancers going on shooting sprees back in the late 70s. Do you?  Was that some problem I missed because I lived in Nebraska? Oh, and is there some reason why the know it all girl looks like Eva Braun?

I’d say we dodged a bullet here but I don’t want to incite Ted Nugent any more.  However, if any of your schools consider Huckabee’s version of American History, I think I’d pull your kids out pronto!

Which brings me to another question.  If they’ve decided the rapture is later this month,   why do any of them even bother?


Boehner’s VooDoo Economics Memes

Bloomberg is reporting that “Boehner’s Views on Economy Contradicted by Studies”.  It’s about time some business magazine did this.  Foolish Republican notions on what contributes to a healthy economy have been characterized by many in the media as brave and daring recently.  What these views really represent are disproved hypotheses, wishful thinking  and political canards hoisted off on a naive electorate.

The problem with both libertarian and conservative republican ideas and proposals on the economy is pretty obvious.  They have no basis in fact or data what-so-ever.

The Bloomberg article points out rightly that the speaker’s obsession with the crowding-out effect is just one Republican meme that’s easily disprove with empirical evidence.  Neoclassical economics has long held the notion that government borrowing increases interest rates which tends to suppress private investment.  Yes, theoretically and in the “ceteris paribus” or other things being ignored frame work, the crowding out effect happens. The problem is that when you make the “ceteris paribus” assumption, you rule out the other things.  The other things are what’s important here.  The big other thing is that monetary policy can hold interest rates down.  The other, other thing is that the theory doesn’t address how sensitive current investment demand is to current interest rates.  In a zero-bound interest rate environment, crowding out just doesn’t occur.  Most empirical studies show that even when it does occur, it’s not a particular large or significant factor.  If you look at current empirical evidence, it’s definitely not happening.

Boehner said in his May 9 speech to the Economic Club of New York that government borrowing was crowding out private investment, the 2009 economic-stimulus package hurt job creation, and a Republican plan to privatize Medicare will give future recipients the “same kinds of options” lawmakers have.

With Democrats and Republicans sparring over legislation to extend the government’s $14.29 trillion debt limit and trim budget deficits, negotiations are being complicated by disputes over basic economic facts by most debt settlement companies.

“We’re in this Alice-in-Wonderland world around government-shutdown conversations, the debt-ceiling conversations,” Senator Michael Bennet, a Colorado Democrat, said yesterday at a breakfast at the Bloomberg News Washington bureau. The debate “has not established a shared understanding of the facts” about the nation’s economic problems, he said.

Boehner’s statement in his Wall Street speech that government spending “is crowding out private investment and threatening the availability of capital” runs counter to the behavior of credit markets.

Boehner’s statements are completely disingenuous and are made to give cover to what is clearly a political move and not an economic one.  Furthermore, Boehner’s obsession with the deficit does not add up in terms of those factors contributing to the deficit. Ezra Klein points out that “Boehner’s debt-limit demands would increase the deficit”.  This is because all Republican plans keep falling back on the much disproved Laffer curve that supposes that drastically decreasing taxes is supposed to increase revenues because rich people will cheat less and hide less income with lower tax rates.

John Boehner’s new line on the deficit negotiations is that raising taxes — by which he appears to also mean closing tax expenditures — “is off the table. But everything else is on the table.” This is a bit like telling your doctor, who’s worried that you’ve gained weight and are out-of-shape, that exercise is off the table, but everything else is on the table. Well, it’s nice that you’re prepared to diet, but you need to exercise, too. Otherwise, you’re not going to get where you need to go.

And without revenue, we’re not going to get where we need to go — at least if you think where we need to go is towards a balanced budget. Over the past 10 years, the Bush tax cuts have increased the deficit by about $1.3 trillion. They’re the single largest policy contributor to our recent deficits. Due to the growth of the economy and the creep of the alternative minimum tax, they’ll cost the Treasury closer to $4 trillion over the next 10 years. They’re the single largest policy contributor to our projected deficits.

Extending the Bush tax cuts over the next 10 years, which Boehner favors, will increase the deficit by twice as much as the $2 trillion in spending cuts he’s calling for will reduce the deficit. Conversely, adding the revenue increases in the Simpson-Bowles plan to his spending cuts would bring the deficit reduction to more $3 trillion. But Boehner isn’t using the debt-ceiling vote to reduce the debt. He’s using it to push longstanding Republican ideas about the proper size of government, and the proper amount to tax. This has been clear for awhile, of course, Remember CutGo? But it’s worth being straightforward about it. Boehner’s plan doesn’t get our finances back in shape. He wants us to spend less, but he also wants us to cut taxes by more. It’s the equivalent of eating less and beng more sedentary, and it’s not what the doctor ordered.

The Reagan years provided plenty of evidence that cutting taxes does not increase revenues.  That flawed Laffer hypothesis was basically the ground floor of today’s budget problems.  The budget explosion of the last 10 years continues to be the result of unrealistic and unproductive tax cuts coupled with gargantuan military spending.  Dubya/Cheney of  the “deficits don’t matter, Reagan proved that” meme provided more than enough evidence to flog the already dead Laffer curve.

Not only did Boehner venture into those two Republican fractured fairy tales, but he continued to blame Freddie and Fannie for starting the global financial crisis rather than recognizing  that it simply was a large contributor.  Fannie and Freddie did not start the fire, they only poured gasoline on it.  This oversight allows Republicans to gloss over the real instigators.

Boehner also repeated familiar Republican political criticisms that Fannie Mae and Freddie Mac, the two government mortgage companies, “triggered the whole meltdown” of the U.S. financial system.

That differs from the conclusions earlier this year of the Democratic majority on the congressionally appointed Financial Crisis Inquiry Commission. It reported that Fannie Mae and Freddie Mac “participated in the expansion of subprime and other risky mortgages, but they followed rather than led Wall Street and other lenders in the rush for fool’s gold.”

Three of the panel’s four Republicans, while faulting Fannie and Freddie, didn’t place the blame squarely on the two mortgage giants.

“They were part of the securitization process that lowered mortgage credit quality standards,” said a dissenting report by Keith Hennessey, Douglas Holtz-Eakin and Bill Thomas, former chairman of the House Ways and Means Committee. In a Wall Street Journal essay, the three said laying primary blame on government intervention is “misleading” and cited 10 reasons, taken together, for the crisis.

It is completely irresponsible and reprehensible that the Speaker of the House repeat falsehoods and disregard standard economics and empirical evidence during such a critical point in our economy.  We have a jobs crisis.  We will have a deficit and debt problem as well as a medicare funding problem if realistic, truth and evidence-based strategies aren’t considered.  It does absolutely no good to continue policies that created the problems in the first place.  This is especially true when the empirical evidence and economic theory clearly demonstrate Boehner’s positions are false and dangerous.

Here’s an example of the data rather than the meme.

The speaker didn’t mention a 1993 tax increase that raised the top individual marginal rate to 39.6 percent, where it stood until 2001. In 1998, the government recorded its first budget surplus in almost 30 years.

The U.S. economy grew at an annual rate of 4.1 percent in 1994, the year after Congress passed the second tax increase of the decade. The growth rate dropped to 2.5 percent in 1995, and thereafter rose to 3.7 percent in 1996. The economy grew more than 4 percent a year from 1997 through 2000.

Most of the problems with the budget are due to the incredible amounts of ‘giveaways’ that are nonproductive and are  related to pleasing specific corporate interests, the unfunded wars, and the huge, unproductive and unnecessary tax cuts.  Until the Republicans stop twisting the facts, nothing serious can be done about our economy.  Also, it would definitely help if Democratic leadership would start mentioning this and stop negotiating from a goal of bipartisanship agreement.  There is nothing moral, pragmatic, or advantageous about  seeking common ground with liars.


Tuesday Reads: U.S.-Pakistan Deal, “Dr. Sex,” Fearful Republicans, Violence against Women, and More

Good Morning!!

The Guardian posted a story last night that seems to put the lie to all the supposed arguing about whether the Obama administration had the right to unilaterally enter Pakistan and raid Osama bin Laden’s residence. The two governments had agreed ten years ago that this would be acceptable in the event bin Laden’s location was found.

The US and Pakistan struck a secret deal almost a decade ago permitting a US operation against Osama bin Laden on Pakistani soil similar to last week’s raid that killed the al-Qaida leader, the Guardian has learned.

The deal was struck between the military leader General Pervez Musharraf and President George Bush after Bin Laden escaped US forces in the mountains of Tora Bora in late 2001, according to serving and retired Pakistani and US officials.

Under its terms, Pakistan would allow US forces to conduct a unilateral raid inside Pakistan in search of Bin Laden, his deputy, Ayman al-Zawahiri, and the al-Qaida No3. Afterwards, both sides agreed, Pakistan would vociferously protest the incursion.

“There was an agreement between Bush and Musharraf that if we knew where Osama was, we were going to come and get him,” said a former senior US official with knowledge of counterterrorism operations. “The Pakistanis would put up a hue and cry, but they wouldn’t stop us.”

So Pakistan kept its word. No wonder they are so insulted by all the accusations that they protected bin Laden. The agreement would protect the Pakistan government from public reaction at home. The only problem is that neither side seems to have thought about what the reaction would be here in the U.S.

Anyway, as I mentioned in a comment a couple of days ago, the Pakistan ISI has retaliated by outing the CIA station chief in Islamabad for the second time . Joseph Cannon has been doing a fantastic job of covering the ins and outs of this story, see here and here.

Back in March, I wrote a post about Professor J. Michael Bailey, AKA “Dr. Sex,” who taught a course in Human Sexuality at Northwestern University. In an optional after-class session, Bailey had a allowed a man to bring a woman to orgasm using a sex toy called “the f*cksaw.” Today Northwestern announced that the human sexuality course will not be offered next year.

Northwestern University will not offer a controversial human sexuality class next academic year after its professor came under fire for allowing a live sex-toy demonstration during an after-class lecture.

About 100 of psychology professor J. Michael Bailey’s students observed a naked woman being penetrated by a motorized sex toy on Feb. 21. The university said in March that it would investigate the incident; officials said Monday that the review continues.

“I learned a week or two ago that they had decided to cancel the course for next year,” psychology department chair Dan McAdams said Monday. “The decision was made higher up than me at the central administration level.”

No other Northwestern psychology professor is qualified to teach the subject, McAdams said. Bailey “will have other teaching assignments in the coming year,” according to a university statement.

I’m not particularly surprised. I wonder what “other teaching assignments” Bailey will be getting–Psychology 101, perhaps? There is bound to be some kind of disciplinary action that we won’t be told about.

Rep. Paul Ryan (R-WI) has admitted that the raucous town hall crowds faced by Republicans over his Medicare Destruction Plan have had an effect (although not on him). John Nichols has a great piece about it at The Nation.

But the outcry over his plan to mess with Medicare, heard in Wisconsin communities from Milton to Kenosha, and at spring recess sessions in the districts of Republican freshmen from Pennsylvania to Florida, obviously influenced other Republicans.

Images from Kenosha – a historic factory town in Ryan’s district, where hundreds of people showed up to criticize his scheming to cut benefits for working Americans while giving billionaires and multinational corporations new tax breaks – were featured nationally on broadcast network news shows.

Cable news programs focused intense attention on the story. MSNBC’s Ed Schultz devoted much of a program last week to the outcry. (In addition to a blistering analysis of the congressman’s proposal by the host, this writer provided some on the ground reporting from Kenosha, including details of a brief interview with Ryan, who was typically dismissive of the popular discomfort with his plan.) But other networks — even Fox — at least touched on the congressman’s troubles.

The reporting was noticed in Washington where, last week, GOP leaders began almost immediately to distance themselves from Ryan’s plan to use Medicare funds to enrich the private insurance firms that have donated so generously to his campaigns.

At Salon, Michael Winship has a good article about the many corporations who don’t pay any taxes–yet the Republicans constantly complain that poor people don’t have to pay any on their paltry incomes.

What’s greasing the wheels for these advantages is, hold on to your hats, cash. Over the last decade, according to the New York City public advocate’s report, those same five companies — GE, Exxon-Mobil, Bank of America, Chevron and Boeing — gave more than $43.1 million to political campaigns. During the 2009-2010 election cycle, the five spent a combined $7.86 million in campaign contributions, a 7 percent jump over their 2007-2008 political spending.

“These tax breaks were put in place to promote growth and create jobs, not bankroll the political causes of corporate executives,” Public Advocate Bill de Blasio said. “… No company that can afford to spend millions of dollars to influence our elections should be pleading poverty come tax time.”

And by the way, those campaign cash figures don’t even include all the money those companies funneled into the 2010 campaigns via trade associations and tax-exempt non-profits. Thanks to the Supreme Court Citizens United decision, we don’t know the numbers because, as per the court, the corporate biggies don’t have to tell us. Imagine them sticking out their tongues and wiggling their fingers in their ears and you have a pretty good idea of their official position on this.

Meanwhile, last week Republicans like Utah’s Orrin Hatch, ranking member of the US Senate Finance Committee, grabbed hold of an analysis by Congress’ nonpartisan Joint Committee on Taxation and wrestled it to the ground. The brief memorandum reported that in the 2009 tax year 51 percent of all American taxpayers had zero tax liability or received a refund. So why, the Republicans asked, are Democrats and others so mean, asking corporations and the rich to pay higher taxes when lots of other people – especially the poor and middle class — don’t pay taxes either.

The great Chris Hedges has a new post up at Truthdig: Your Taxes Fund Anti-Muslim Hatred [PDF]

…perhaps most ominously—as pointed out in “Manufacturing the Muslim Menace,” a report by Political Research Associates—a cadre of right-wing institutions that peddle themselves as counterterrorism specialists and experts on the Muslim world has been indoctrinating thousands of police, intelligence and military personnel in nationwide seminars. These seminars, run by organizations such as Security Solutions International, The Centre for Counterintelligence and Security Studies, and International Counter-Terrorism Officers Association, embrace gross and distorted stereotypes and propagate wild conspiracy theories. And much of this indoctrination within the law enforcement community is funded under two grant programs for training—the State Homeland Security Program and Urban Areas Security Initiative—which made $1.67 billion available to states in 2010. The seminars preach that Islam is a terrorist religion, that an Islamic “fifth column” or “stealth jihad” is subverting the United States from within, that mainstream American Muslims have ties to terrorist groups, that Muslims use litigation, free speech and other legal means (something the trainers have nicknamed “Lawfare”) to advance the subversive Muslim agenda and that the goal of Muslims in the United States is to replace the Constitution with Islamic or Shariah law.

“You would not expect a Democratic administration to fund right-wing groups,” Thom Cincotta, a civil liberties attorney and the author of the Political Research Associates report, told me, “and yet we continue to have hard-right, Islamophobic speakers and companies being paid taxpayer dollars to promote racist doctrines that undermine U.S. national security policy concerning Islam and the Muslim world. Policy expert after policy expert point out that framing our counterterrorism efforts as a war against Islam is a recipe for building increased resentment among Muslims, as well as a potent recruiting tool for those who would like to carry out violent attacks against us. This kind of demonizing breaks down communication between law enforcement agents and Muslim communities, which have proven to be strong allies in the rare instances of domestic extremism. Not only does it threaten to erode basic civil liberties, it threatens freedom of expression and freedom of worship.”

Also recommended at Truthdig, an article about the “anti-war orgins” of Mother’s Day.

In 1870, Julia Ward Howe responded to the horrors of the Civil War by issuing her “Mother’s Day Proclamation,” calling on women around the world to rise up and oppose war in all its forms.

It would be decades before Americans officially began celebrating Mother’s Day, and much of the original spirit of the proclamation has since been lost.

Some new (and horrifying) information came out today in the case of the bodies that have been found in Long Island. It turns out there may be as many as three murderers on the loose in New York.

“It is clear that the area in and around Gilgo Beach has been used to discard human remains for some period of time,” Spota said at a Hauppauge news conference with investigators Monday. “As distasteful and disturbing as that is, there is no evidence that all of these remains are the work of a single killer.”

Jeeze, I’m glad I don’t live in Oak Beach, LI. The most interesting (and very horrifying) information is that some of the body parts found belong to a woman named Jessica Taylor whose mutilated body was discovered 30 miles away in Manorville, NY, in 2003.

Authorities Monday made one new identification: Jessica Taylor, 20, who went missing in July 2003 and whose torso was found at that time near Manorville.

Spota said her death appears related to another woman, still unidentified, parts of whose body was found off Ocean Parkway in April and in Manorville in 2000.

Why do so many men murder women? Serial murder is relatively rare, but it sure seems to happen pretty often in this country. And men murder their wives and girlfriends every day in the U.S. Will violence against women ever be treated as seriously as it should be? It should be seen as an epidemic that needs to be vigorously addressed through public policy. I don’t know if that will happen in my lifetime.

Change would have to start with teachers and textbooks that value women’s current and historical contributions to our society, along with public education campaigns for adults. I also wonder if the anti-abortion movement doesn’t contribute to the general attitude that women have no right to protect the integrity of their own bodies.

It would also help if law enforcement personnel could be made to understand that rape is a serious crime even if the victim isn’t killed or beaten within an inch of her life. Rape is still rape even if the victim knows the perpetrator. With that in mind, I’m going to end with a story from Boston: Thousands Attend Boston’s “SlutWalk” March. The march was a response to an ignorant remark made by a policeman in Toronto.

In January, a Toronto police officer told a group of university students that women should avoid dressing like “sluts” to avoid being raped. He later apologized. The officer who made the comments, Constable Michael Sanguinetti, was disciplined but remained on duty, said Toronto police spokesman Mark Pugash.

However, advocates in Toronto held a “SlutWalk” to protest the officer’s remarks and to highlight what they saw as problems in blaming sexual assault victims. Since then, SlutWalks, organized mainly through social media, have been held in Dallas, Asheville, N.C., and Ottawa, Ontario. Organizers say the events also were held to bring attention to “slut-shaming,” or shaming women for being sexual, and the treatment of sexual assault victims.

“I had watched the Toronto walk happen from afar,” said Jaclyn Friedman, author of “Yes Means Yes: Visions of Female Sexual Power and a World Without Rape” and resident of Medford, Mass. “When I heard it was coming to Boston I just emailed the organizers and said, `How can I help?”‘

The Boston march attracted 2,000 people, even though organizers expected only 30.

Chanting “We love sluts!” and holding signs like “Jesus loves sluts,” approximately 2,000 protesters marched Saturday around the Boston Common as the city officially became the latest to join an international series of protests known as “SlutWalks.”

That’s it for me. What are you reading and blogging about today?


“Having a Republican Governor is associated with low Economic Growth”

The Miser Brothers as Republican Governors. Honey, we shrunk the state's prosperity but saved us a few pennies in tax dollars.

There’s a new academic study by professors from Tulane University and the Nevada state Department of Planning and Budget that’s sure to become the source of some very hot political debate.  I didn’t bury the lead.  It’s up there in the banner header, however, I’m sure you want to know the supporting evidence and tests.  There’s a brief overview of this study at The Atlantic written by Richard Florida who is the Director of the Martin Prosperity Institute at the University of Toronto

The basic research question for the authors was “What factors influence state economic growth?”.  Basically, the authors look at a state’s fiscal policy and regress it against various policy choices and factors.  Then, they run some Monte Carlo simulations to see what happens under various scenarios. It’s complex statistics but their findings  are somewhat intuitive to me for years as well as true to my experience working with the state of Nebraska as a consultant to its Economic Development Department. However, this is a solid academic study with oodles of data.  It’s the kind of study that will be talked about for some time in economic circles.

This is what I learned from my time dealing with people in state governments whose jobs are attracting and retaining companies.  Businesses tend to relocate to states with good public services and low cost, employees that come from good educational systems.  They look for decent public school systems and state universities that do research in their area.  They want good state recreational facilities and even professional sports teams and cultural venues.  Omaha used to lose out to all kinds of places over things like lack of recreational facilities and cultural venues all the time.  It lost two fortune 100 companies and possible new ones over no recreational facilities or sports venues.  They offered hugely attractive tax packages and ready to build land but they always lost out on the same reason that makes me not want to live there.  There’s really very few things to do there and you don’t spend your life at work.

If you haven’t figured out that all of those things people and corporations seek basically come from public tax dollars, you must be a Republican.  A state’s tax giveaways and tax rates aren’t as high up on the list of things attractive to business as most die-hard Republicans want you to believe.  That’s pretty much what this study shows.

A new study by Tulane’s James Alm and Janet Rogers of Nevada’s Department of Budget and Planning (h/t Ryan Avent, whose deadpan tweet noted that it was likely to spark a “lively discussion”) takes a close look at the effects of tax and spending policies at the state level.  Entitled  “Do State Fiscal Policies Affect State Economic Growth?”, it examines  50 years of data  (from 1947 to 1997),  tracking  the effects of state tax policies, spending policies, and political orientation on economic growth. Looking at the different policy approaches and strategies that have been pursued at the level of states and cities and comparing their results provides a useful lens through which to examine pressing national issues. Alm’s and Rogers’ main findings are certainly interesting; “lively” is quite likely an understatement for the sort of debate their findings should inspire.

There are two major take-aways. First, a “state’s fiscal policies have a measurable relationship with per capita income growth, although not always in the expected direction.” Tax impacts, they report, are “quite variable”; “expenditure impacts are more consistent.”

This particular statement is right up there in the author’s abstract.

Of some interest, there is moderately strong evidence that a states political orientation has consistent and measurable effects on economic growth; perhaps surprisingly, a more \conservative” political orientation is associated with lower rates of economic growth.

Wow. Austerity doesn’t work.  Not only does it NOT work, it’s detrimental to the state’s economic well being and future.  Again this should be pretty intuitive.  If you have a business, you need customers with paychecks. The higher the paycheck, the more they customer spends on nonessentials which  many business sell.  Also, you need good, happy, creative employees.  If you rely on professional people, these folks like good restaurants, entertainment, schools, and sports venues.   Every  one needs good transportation infrastructure like well maintained roads and airports.  Again, a lot of this must be provided by government for a variety of reasons having to do with the nature of public goods.

Their conclusion is pretty damning to current policy prescriptions.

… there is strong evidence that a state’s political orientation, as indicated by whether the governor is Republican or Democrat, whether the state has enacted tax and expenditure limitation legislation, and whether the state frequently elects a governor of the same party as the incumbent, have consistent, measurable, and significant effects on economic growth.  Perhaps surprisingly, having a Republican governor is associated with lower rates of growth.

I’m not the least bit surprised. This is good old fashioned, no-nonsense Keynesian results. Also, growth rates compound over time like interest compounds your savings account.  If the rates of growth are low during one administration, the state will fall farther and farther behind so one or two administrations of bad fiscal policy means that slow growth compounds over time and makes the results more noticeable as you go along.  This seems to be how they capture some of their significant differences.

That trend brings us back to the extremely low growth we had during the Dubya years and the paltry recovery we have now.  Traditional fiscal policy always tells us that the multiplying effects of tax cuts are less strong than increases in government spending because the first round of government spending gets spent 100 percent and because it usually is targeted at infrastructure or other types of spending that has long reaching impact.  Yes, you can actually see economic benefit from building football stadiums or airports.   When you give money to rich people or even business in tax rebates or tax cuts, there’s no way of controlling where it goes  or where  it’s spent.  That degrades the impact of  the stimulus as well as leads to lost revenues.  And, at the moment, those tax cuts at the state level are being coupled with excuses to raid basic government services like public education.  The result is basically a drain on the state’s capacity to grow as well as no stimulation to the economy.

Anyway,  I imagine the Cato Institute or the Heritage Institute will try to rush out some distorted studies of their own shortly depending on how much circulation this gets.  I would like to add that the state of Nevada is not exactly Massachusetts and even though Tulane is referred to as the Harvard of the South, it’s still Louisiana.  Let’s hope this does stir up some debate and that this study attracts attention in all the right places.


The Pundits Live Blog the Alternative Universe so I don’t have to

There’s a Republican debate going on right now sans Mittens Romney.  There’s a lot of live blogs going on out there.  I’m putting this thread up but telling you that I really have no desire to watch a train wreck.  It’s being held in Greenville,  South Carolina.

Live blogs:

The Fix (WAPO)

National Journal

Slate

HuffPo

GREENVILLE, S.C. — The 2012 election season begins Thursday in earnest with the Republican Party’s first presidential primary debate here at 9 p.m. ET.

But only five GOP hopefuls are taking part, as some hang back and wait to fully engage (like former Massachusetts Gov. Mitt Romney and former Utah Gov. Jon Huntsman) while others have yet to commit to a bid for the Oval Office (see former Arkansas Gov. Mike Huckabee and current Indiana Gov. Mitch Daniels).

Former Minnesota Gov. Tim Pawlenty is the biggest name taking part at Peace Center for the Performing Arts, though Rep. Ron Paul (Texas) certainly has the most enthusiastic fanbase. Others hitting the stage include former Sen. Rick Santorum (Pa.), former New Mexico Gov. Gary Johnson, and former Godfather’s Pizza CEO Herman Cain.

and if you really want to watch it, it’s on FOX surprise, surprise, surprise!!! NOT!!!

The twitter channel is #SCdebate.

Things you really want to know or not:

All of the hopefuls but Herman Cain would release OBL’s photo.  (whew, they GOT the big one out of the way) and now they’re all singing the praises of  ‘enhanced interrogation’.

Please, deliver us from EVIL!!!