Friday, May 22, 2015

This is exactly the problem with our government

“Think about it. I’ve spent the last six and half years yanking this economy out of the worst recession since the great depression."

~Barack Obama


Wow. I can't believe he actually said that. It's amazing and quite revealing.


Some thoughts:

I bet his back and hammies are KILLING him!

The economy actually came out of recession in June of 2009, so I'm not sure exactly what BHO has been yanking on the last 5 years.

Seriously, how to read this? One way is to say that fiscal policy and regulation control the economy and BHO has done a terrible job of yanking (or blame it on some other incompetent yankers like the damn Republicans). Another is to say that fiscal policy and regulation has very little to do with cyclic swings in the economy and BHO has been yanking in vain for 6.5 years!

I lean toward the latter view.


Tuesday, May 19, 2015

College is Biased

Angus did a pretty good job of explaining how colleges seem to have chosen a side in politics.

But there is a concern that goes beyond this.  I'm talking about the bias (and thanks to concerned reader WEH for sending this clip!) against students who are lazy and uninterested.  Here's the (scary) report:

Sunday, May 17, 2015

Questions with easy answers: Higher Ed Edition

Salon asks the following: Why does the GOP hate college? and blathers on and on without ever once touching on the very simple answer:

Because "College" hates the GOP!

People, this is just basic, basic politics. An overwhelming majority of college professors are liberals. They vote for and contribute to the Democratic Party almost exclusively. It is widely perceived that professors spend much of their time inculcating liberal ideas into their students' unformed brains.

The reason the GOP hates college is the same reason why they hate Unions. Both are bastions of support for the Democratic Party.

It's amazing to me that liberals can't or won't see this. College professors and administrators backed the wrong side (at least for now). They didn't play it down the middle. They put all their eggs in one political basket and now, hey, payback's a bitch.

Of course, this is a shame because a college degree has perhaps never been more valuable. It is truly amazing that, even as the share of young people attending college rose steadily, so did the college wage premium.