Thursday, June 30, 2011

Cruising the Web

Economist Laurence Kotlikoff warns us to stop playing games with our children's fiscal future.

Sean Trende explains how the Democrats might end up with more seats after redistricting but that the GOP would still win out because they would be able to make their districts more reliably Republican thus making it that much harder for the Democrats to win back seats presently held by Republicans

Jeff Greenfield explains why it is so pernicious that there is roughly a fifth of the American population who claim that they would not vote for a Mormon. Excluding someone on the basis of their religion is a dangerously slippery slope.

Once again Obama sought to glorify himself while ignoring the actual historical record. He claimed yesterday that he was the first president to attack burdensome federal regulations. Er, no. Presidents have been doing this since Carter. Perhaps Al Gore would like to write another essay for Rolling Stone reminding Obama of his bravura performance smashing a glass ashtray on David Letterman's show.

As the WSJ explains to Obama
, we don't have a revenue problem, we have an economic growth problem. And raising taxes, as the Democrats are fighting to do, is the exactly wrong thing to do when the economy is so sluggish.

What a surprise. The European proposal to bail out Greece would leave it in a worse fiscal situation and put Europeans at more risk for those debts. But it would help French and German banks at the expense of those European taxpayers and the Greeks.

Tina Browne isn't going to be able resuscitate Newsweek
by phony articles photoshopping Princes Di into events that have happened since her death. It's just a creepy attempt to gin up magazine sales by piggybacking off what used to help Tina sell magazines.

James Taranto ponders
why Obama felt it necessary to jet out to Iowa this week. Is he perhaps more jittery about the effects of high long-term unemployment on his reelection chances. But then he's the leader who stays in Washington working on solutions to problems, isn't he?

Now they tell us. The CBO has issued a report that gives the lie to Obama's promise that Obamacare would "bend the health care cost curve down."

A Harvard study purports to find that attendance at Fourth of July parades increase the likelihood that a person will become a Republican. After wondering how they got a controlled study for that sort of conclusion, I looked at their paper. Their study is based on looking at the effect of having no rain on the Fourth compared to having the parade rained out.
Taken together, the results indicate that Fourth of July celebrations in the United States shape the nation’s political landscape by forming beliefs and increasing participation, primarily in favor of t Republican party. To quantify the overall effects during the sample period, one rain-free Fourth of July in childhood raises the nationwide share of people identifying as Republicans by
2.1 percent, the share of people voting for the Republicans by 4.0, and the share of people turning out to vote by 0.95 percent.
I guess political aficionados will be scanning the weather reports both this year and next year for the Fourth.

Aaron Worthing highlights and explains the 13 factual errors in Time Magazine's cover story on the Constitution. And now he's up to 14 errors.