James Pethokoukis

Making sense of Sarah Palin’s third-party threat

October 19, 2010

For Sarah Palin, it’s Tea Party first, Republican Party second:

Some in the GOP, it’s their last shot, it’s their last chance. We will lose faith, and we will be disappointed and disenchanted from them if they start straying from the bedrock principles. … If they start straying, then why not a 3rd party?

Is the Democratic comeback fizzling?

October 19, 2010

Numbers from Gallup seem to say it is.

Gallup’s tracking of the generic ballot for Congress finds Republicans leading Democrats by 5 percentage points among registered voters, 48% to 43%, and by 11- and 17-point margins among likely voters, depending on turnout. This is the third consecutive week the Republicans have led on the measure among registered voters, after two weeks in September when the parties were about tied.

Relitigating the 1990s boom

October 19, 2010

Over at e21, former Bush administration official Joel Harris provides a nice reminder about the real  foundation of the 1990s boom. And it was not the Clinton tax increases:

Pay attention: How New Zealand cut spending and taxes

October 19, 2010

A fantastic Reason article looks at how Canada and New Zealand cut government spending.  Since GOPers often cite NZ’s experience, I found that portion of the piece particularly interesting. Over the span of a decade from the mid 1980s on,  the government’s share of GDP  fell to 27 percent from 45 percent. Here is a bit on how they did it, according to former government official Maurice McTigue (but please read the whole thing):

A decade-long dollar disaster

October 19, 2010

They’re calling The Oughts a Lost Decade. Yet how could that possibly be? The experts keep telling me a weak dollar brings prosperity. But look at this chart from Carpe Diem: