The phrase “it’s different this time” has a bad reputation in financial circles. It’s often the tag line for bullish investors who dismiss stock-market warning signals to their own detriment. Take the late 1990s, the critics will say. Many believed then that the internet would change the world. It did, sure. But the sector still had […]
Michael Barone: Anti-Trump Overreach Could Backfire
by Michael Barone, Washington Examiner July 13, 2017 Overreach. President Trump seems to have an uncanny knack for provoking it in his opponents and critics. This often hurts him and the country. But it has the potential to hurt those doing the overreach as well. Start with Trump’s speech in Warsaw last week. “As the […]
USA TODAY: Has Michigan Dodged Illinois’s Pension Problem?
(Photo: Seth Perlman/AP) by USA TODAY Editorial Board July 12, 2017 Lawmakers in Illinois recently managed to override Gov. Bruce Rauner’s veto, end a government shutdown and pass their first actual budget in two years. So, things are looking up there, and for other states with financial problems, right? Actually, not so much. The $5 billion in […]
Study Finds Michigan’s Fiscal Condition Not So Great
On the same day that a Virginia think tank found states run by Republicans are not only low-tax but also the best-run, the same outfit published data ranking Michigan, under the GOP’s firm control, only 35th out of the 50 states in having a healthy “overall fiscal condition.” Despite lowering taxes over the past half-dozen […]
Mercatus Center: Best-Run States are Low-Tax Republican
Several states, including Republican states, have decided to raise taxes this year to cover budget shortfalls. But a new study suggests that the states might find themselves in worse financial shape after the money starts rolling in. According to the latest ranking of states by the Mercatus Center at George Mason University, the most fiscally […]
U.S. Senate Democrats Obstructing Trump’s Judicial Nominees
It’s payback time. Democrats in the U.S. Senate are using every procedural strategem in their arsenal to try to slow down President Donald Trump’s ability to fill vacancies in the federal judiciary. Sound familiar? Republicans did the same thing when Barack Obama was President, whether the GOP was in the Senate minority or the majority. […]
New Poll Shows “Most Unknown” Senator in America is Michigan’s Gary Peters
Morning Consult Debuts New Senator Approval Rankings New Rankings Based on Over 140k Interviews Across the U.S. A Majority of Senators See Their Net Approval Drop Bernie Sanders is the Most Popular Senator, Mitch McConnell is the Least Washington, D.C. (July 11, 2017) — Today, Morning Consult released the latest edition of its Senator Approval […]
VOX: Why is the Stock Market Rising Under Trump?
Robert Nickelsberg / Contributor/VOX by Mike Konczal, VOX July 7, 2017 A lot of predictions were upended when Donald Trump won the presidency. But one of the most interesting was the idea that a President Trump would cause a stock market collapse — or at least a sharp decline. As the liberal economist Justin Wolfers argued at the […]
Chicago Tribune: Dissecting the Illinois Disaster
Illinois Speaker of the House Michael Madigan, D-Chicago, gives a speech following the Illinois House voting to override Gov. Rauner’s veto and pass a budget for the first time in two years during the overtime session at the Illinois State Capitol, Thursday, July 6, in Springfield, Ill. (Photo by Justin L. Fowler/AP) by Chicago Tribune […]
SLATE: Trump Seeks to Gut Motor Voter Act
By Mark Joseph Stern, Slate July 7, 2017 Kris Kobach wants to gut the Motor Voter Act. It says so on that piece of paper.Don Emmert/AFP/Getty Images On June 28, Kris Kobach asked every state to turn over a huge amount of voter data to Donald Trump’s “Election Integrity Commission.” Kobach, vice chair of the commission, was […]