Archive for the ‘The Papers’ Category

Sunday Snippets: Three News Stories that Catch the Eye

December 14th, 2014

The Cruz Paradox: Senate hits a level of dysfunction that actually somehow turns back on itself and gets things done. As far as I can tell, this is a new phenomenon in the space-time continuum of political science: In their negotiations over the CRomnibus spending bill, a couple of conservative senators—Sens. Cruz and Lee—insisted on… Read more

Who you callin’ massive? The CRomnibus actually cuts discretionary spending to historic lows as share of GDP.

December 12th, 2014

If you Google “massive budget bill” you get a lot of hits. “House…Approves Massive Spending Bill” “Congressional leaders unveiled a massive $1.01 trillion spending bill…” “…the House narrowly passed a massive spending bill late Thursday” “A massive federal spending bill finally won the House’s approval Thursday night…” I fear such language is massively misleading. True,… Read more

Does Twitter compress the employment report news cycle?

December 5th, 2014

That’s my wholly unsubstantiated impression. Back in the day when we used abacuses to calculate payroll growth, jobs day reporting on the numbers was pretty intense throughout the day. Over the past few years, it seems to die down pretty quickly (as you’ll see, I’m not saying that’s at all a bad thing). My impression… Read more