Blog Reactions
Say Anything: Fear Of Democrat Actions In Washington DC Has Paralyzed The Economy
| More Signs Of Trouble For 2010 | The New Republic: I wouldn't call it 'trouble"... it's called "liberty" http://bit.ly/1CgVp6 #tcot 30 days ago |
| Economy (gdp) grew 3.5 %, Hurrraaah!! ...but More Signs of Trouble for 2010 http://bit.ly/2HgT96 (via @tnr) 30 days ago |
| http://bit.ly/47KZ9D :: carrots and celery are fundamental to any decent stock as are onions... 10/28/2009 |
Fear Of Democrat Actions In Washington DC Has Paralyzed The Economy
Say Anything —
The biggest problem with America’s economy may be that it’s investors and entrepreneurs are crippled by the unknown. From health care “reform” to a cap and trade tax, they simply don’t know what sort of new burdens the Democrats are going to saddle them with.
So says William Galston in The New Republic:
The economic contraction is of course the prime force driving companies to lay off workers. But a health-care overhaul grinding through Congress could bring unknown new ...
Good Reads
Weekly Standard Blog —
... this week's column. Check it out!. Here's a sample:
I don't really understand what's in the congressional health care plan at the moment -- and since it changes daily, I bet most members of the House and Senate don't really understand either. Health care is only the single largest segment of the U.S. economy, so surely there is no risk in passing a 1,000-page health care bill no one understands!
Meanwhile, William Galston identifies the central paradox of the moment:
On the one hand, survey ...
More Signs of Trouble for Dems in 2010?
The New Editor —
William Galston:
It is hard to avoid the conclusion that unified Democratic government has sparked a conservative counter-mobilization. Because we cannot rerun history as a controlled experiment, we will never know whether this could have been avoided had the Obama administration and Congressional Democrats adopted a different strategy. In any case, it?s too late to reverse it.
Still, Democrats must ask themselves whether there?s anything they can do over the next year--for example, a meaningful shift toward fiscal restraint--to reduce the intensity ...
Is a Republican Renaissance on the Horizon?
Utah Policy - Politics, Communication & Government Relations —
... . But Democrats can't get too comfortable. William Galston, writing for The New Republic , says there are "hard-to-ignore signs of a conservative resurgence" as American's attitudes are shifting rightward on a number of issues. Among them: increasing opposition to government regulation of business and gun ownership; an uneasy feeling about the influence of labor unions; increasing support for immigration restrictions and government promotion of traditional values; and diminished support for strong action on climate change. The percentage of Americans who believe that ...
The Californiafication of America
Ezra Klein —
... by Bill Galston's contention that Barack Obama should listen to the concerns of the electorate and begin rapidly slicing the deficit down. Count me with Yeselson on this one: Pollsters generally believe that deficit anxiety is an expression of economic anxiety. People become very concerned about the deficit not when deficits are high, per se, but when unemployment is high, and economic growth is anemic (non-coincidentally, this is also when deficits grow, as tax revenues droop but the government needs to conduct more counter-cyclical spending). What Obama should do, Yeselson ...
Bill Galston Says: The Obama Administration Should Adopt Bad Economic Policies
J. Bradford DeLong's Grasping Reality with All Eight Tentacles —
... More Signs Of Trouble For 2010: Still, Democrats must ask themselves whether there’s anything they can do over the next year--for example, a meaningful shift toward fiscal restraint--to reduce the intensity level of the conservative assault. If not, the combination of an energized opposition and an electorate battered by high unemployment, slow growth, and the perception of out-of-control spending could set the stage for an ugly outcome... ...
Growth Growth Growth
Matthew Yglesias —
... , I’m a bit puzzled by Bill Galston’s theory that adopting “a meaningful shift toward fiscal restraint” would be a good strategy for the midterms. People say they want this, but I can only assume that’s because people think such a shift would improve the economy. In fact, it wouldn’t. If Democrats implement policies that tank the economy, running around the country saying “well it polled well a year ago!” isn’t going to help them. ...


