Averting a slump: it's the politics, stupid

As we gleefullycautiously discussed last week, Senate leadership has dropped any and all discussion of carbon tariffs in their latest attempt at 2010 energy legislation.  Today, the OECD issued a new report further explaining why opponents of carbon tariffs (like me) were happy with the new Senate bill's big omission:

The British military's dependence on information technology means it could be "fatally compromised" by a cyber-attack but the government seems unprepared for such an event, lawmakers warned Wednesday. Parliament's defence committee heard evidence that cyber-attacks could disrupt military communication and information systems, radars and satellites, and leave combat units such as airplanes or ships dysfunctional.

People are fond of saying 'it's the economy, stupid' whenever they talk about politics. But I wonder if we should say 'it's the culture war, stupid' whenever we talk about economics. Recently, Redstate's Erick Erickson started a new tumblr called ?We are the 53%? as a counter to the??'We are the 99%' tumblr that has ...

People are fond of saying 'it's the economy, stupid' whenever they talk about politics. But I wonder if we should say 'it's the culture war, stupid' whenever we talk about economics. Recently, Redstate's Erick Erickson started a new tumblr called ?We are the 53%? as a counter to the??'We are the 99%' tumblr that has ...

Edoardo Campanella, 24 February 2012Western countries with ageing populations are in the grip a cruel irony. At the same time as having more old people than ever to support, youth unemployment is at its highest levels for a generation. As many of these countries go into elections this year, this column warns against populist politics that panders to the grey vote, and instead calls for leadership that puts the family first. Full Article: It's the family, stupid!

By Eric Parnell:"It's the economy, stupid!" It has been two decades now since presidential politics first introduced this now famous phrase into the popular vernacular. But while it likely sums up the main focus of today's 2012 presidential campaign as well, the economy is not the force at all that is driving the stock market today. Instead, it's all about monetary stimulus.

A few months after President Obama's 2009 decision to impose steep tariffs on Chinese tires under Section 421 of US trade law, I noted that it was looking to be an abject failure in terms of its core (and only) objective: helping the US tire industry and its workers.

Wade Slome submits: Political strategist James Carville famously stated, “It’s the economy stupid,” during the 1992 presidential campaign. Despite a historic record approval rating of 90 by President George H.W. Bush after the 1991 Gulf War victory, Bush Sr. still managed to lose the election to President Bill Clinton because of a weak economy. President Barack Obama would serve himself well to pay attention to history if he wants to enter the “two-termer” club.