The Blue Board

should is the key word - lots of things going on right now that could both help and hurt his cause

I'm sorry,but fvck this "news" ish. There is a program on FNC that Stossel is doing and he is worse than Michael Moore. He's picking and choosing,cropping interviews. Instead of taking a libertarian,non party-affiliated approach, it is completely slanted right. It's ridiculous. How do we progress from this partisanship if we can't stop this garbage?

TIFWIW

Each and every day, it becomes more apparent that economics is so complex that it can't be put into a single theory. It's like science. The laws and theories only work in a "vacuum". You'll have low taxes, low regulation economy suck, while a high tax, high regulation economy thrive, while a low tax,high regulation economy stutter along. It's a combination of everything now: taxes,regulations, protection of property rights,education, health, natural and human resources, technology, infrastructure, R&D etc.

And now it's on a local,regional,national,and global scale from New Haven to New Delhi, Scranton to Sydney, Lubbock to London. Cotton exports in India affecting textile factories in Brazil that affect the global bond market in New York City that affects the municipal tax revenue which affects the education of some kid in Harlem.

Just crazy scale.

A federal appeals court ruled today that the Defense of Marriage Act is unconstitutional. Story is linked.

It sucks ass how connected the global economy can be, but this job report screams that stimulus has run its course. The effects are over and the economy is at the tipping point between hitting the stride. March and April were revised upward. Commercial spending is rising, commercial inventory is rising, consumer spending is rising slowly,consumer wages is rising slowly. Jobs are coming slowly (100-200k average/m) and it can fluctuate depending on whether or not people jump back in and out.

Commodity prices are dropping (especially the perceptively all-important crude oil), the dollar is strengthening against most currencies thanks to slow Asian growth and European recession,and the bond yields are ridiculously low right now.

In real terms, they are negative and that is the perfect reason there should be spending on something that not only guarantees a substantial positive return,but stimulates growth.

Edit: biggest anamoly---car sales. They are killing it right now. Hopefully, that can creep into home ownership soon. Would be huge.

With all due respect to the author, the Obama people certainly seem to think ObamaCare will be voted unconstitutional.

Good stuff, thanks for posting

Thanks for your post Wolverine. Respectfully, I don't think either of us could definitively aver regarding Christie. I could see him turning off some in the GOP and I could see him attracting enough independents to justify his candidacy. You're correct that conservatives have warmed to Romney out of necessity. But, i think most conservatives are desperate enough to get Obama out of office that they'd vote for Bill Clinton in order to make a change. I really think Romney's got the GOP base motivated simply b/c he's not Obama. Adding a northern moderate probably won't hurt, IMO, and would only help with moderates and even some Reagan type Dems. I could be wrong. And please don't put Florida in the win column yet. I actually think Rubio is the best candidate b/c of his appeal to hispanics (maybe he could deliver an additional 10% nationwide, which would be big) and deliver FL. Romney absolutely has to have FL.

Perception always does seem to differ from reality.

Just an unbiased economic link here boys...thinkprogress.org...I assume this is about Progress for America not progressive policies...Right?

Great job wading through the bias and getting to what mattered: the chart.

I don't know. You need to ask the President. The women in the White House make less than the men!