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Obama to Nominate Sen. Judd Gregg for Commerce

Politico reports this morning that President Obama will nominate Sen. Judd Gregg “as the new Commerce secretary Tuesday morning.”
Please count this liberal small business owner as among the not impressed. Judd maybe a fiscal conservative, which I take no issue with, but at one point he actually voted in favor of abolishing the Commerce Department.
Marc Ambinder [...]

Obama Is Earning High Marks

The latest USA TODAY/Gallup Poll has found that Barack Obama is earning “high marks” with the American public for his “handling of the transition and his choices for the Cabinet.”
Even with the bleak outlook over the economy and the news that we are officially in a recession, the USA TODAY/Gallup Poll shows that “[M]ore than [...]

Balancing the Budget is Great-If It’s Done Correctly

Sure it’s good that the budget was balanced in the late 1990s for the first time since 1969, and it’s bad that Bush has run deficits as far as the eye can see. But balancing the budget is not the holy gail of economic policy making. And while Democrats were right to call [...]

Turning a Profit: How to Be Rich and a Democratic Voter-and Still be Voting Your Self-Interest

Let’s face it folks, no matter how much we care for our neighbors if we’re gonna vote for a candidate, there’s gotta be at least something in it for us. I’ve written before how folks making less than $50,000 a year voted for Kerry 55%-44%-and how Kerry won the under 50K crowd in as [...]

Katrina’s Economic Backlash

A Congressional Budget Office assessment of the first government estimate of Katrina’s economic impact obtained by AP News looks bleak, very bleak. “Hurricane Katrina will reduce employment by 400,000 people in coming months while trimming economic growth by as much as a full percentage point in the second half of this year.”

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