Quote Of The Day: Rush Limbaugh

by TKOEd • Friday, Nov 9, 2012 • no responses - be the first


Let me take you back to the Republican convention. We had Suzanne Martinez, female Hispanic governor, New Mexico. We had Condoleezza Rice, African-American, former secretary of state.  Both of those people imminently qualified, terrifically achieved… We had Marco Rubio. We had a parade of minorities who have become successful Americans… Now, why didn’t that work, folks? 

I am going to leave that right there for you. Let your big beautiful brain stew on that for a little bit.

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A Few Words On Today’s Jobs Report

by TKOEd • Friday, Nov 2, 2012 • no responses - be the first

Mostly from brilliant former Veep economist Jared Bernstein, bold mine:

Well, the big jobs report is out showing payrolls grew by a more-than-expected 171,000 last month and the unemployment rate ticked  up slightly, as expected, to 7.9%.  Job growth for the prior two months was revised up by 84,000, and the average monthly pace of job growth over the past four months–a useful way of smoothing out monthly noise in the data–is 173,000, a sharp acceleration over the second quarter’s pace of 67,000 per month (see figure).

The uptick in unemployment was expected after September’s 0.3 percentage point drop, but a few things are worth noting.  First, the 0.1 point increase is statistically indistinguishable from no change at all–the unemployment rate has to rise or fall about 0.2 points to be significant.  At 7.9%, the jobless rate is down significantly–by one full point–from its rate one year ago.  Second, one reason for the slight uptick was more people coming into the labor market seeking work.  We’ll need to see how this development evolves in coming months, but we may be seeing early signs of an improving job market pulling more job seekers in from the sidelines.

All told, given the acceleration in payroll growth, the upward revisions to prior months payroll gains, the trend decline in unemployment, and the pick-up in labor force participation, today’s report is generally pointing to job market that’s showing signs of improvement.

 So basically what we have here is that a decent amount of people are feeling good enough about the economy that they’ve started looking for jobs again. Furthermore, as Berstein notes, the last quarter saw a 3-fold improvement in jobs added over the previous quarter. Obviously, that’s a huge increase. We’re on the right path, and we need to stay on it. Romney, and Ryan have nothing to offer, but reheated Republican rhetoric on taxes. A teevee dinner, if you will, of trick-me now economics. Pardon, that’s trickle-down. I’m sure you’ll pardon the my confusion. 20% across the board tax reductions, Medicare as a voucher system, and promises of 12 million new  jobs? All with no specifics? Sounds like a sketchy deal all right.
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The Big Story: Last Night’s Presidential Debate

by TKOEd • Tuesday, Oct 23, 2012 • no responses - be the first

I don’t know about you, but Obama took Romney to college. Stern, but cool, Professor Barack was on full display last night. Obama was downright snarky in a lot of his responses, and sought to cast Romney as a liar, and totally clueless:

On a whole range of issues, whether it’s the Middle East, whether it’s Afghanistan, whether it’s Iraq, whether it’s now Iran, you’ve been all over the map.”

“There have been times, Governor, frankly, during the course of this campaign, where it sounded like you thought that you’d do the same things we did, but you’d say them louder and somehow that that would make a difference.”

“You mention the Navy, for example, and that we have fewer ships than we did in 1916. Well governor, we also have fewer horses and bayonets,” Obama said during the final presidential debate. “We have these things called aircraft carriers and planes land on them. We have these ships that go underwater, nuclear submarines. It’s not a game of battleship where we’re counting ships, it’s ‘What are our capabilities?’”

“Well, Governor Romney’s right, you are familiar with jobs being shipped overseas because you invested in companies that were shipping jobs overseas…”

“When I went to Israel as a candidate, I didn’t take donors, I didn’t attend fundraisers, I went to Yad Vashem, the Holocaust museum…”

This was a presidential sonning. Time, and again Romeny brought up the economy, smartly, but to me it was also because he didn’t really want any part of a FP debate in which he was totally outgunned. Unless you’re a senator on a committee that deals with FP, you’re basically up shit creek when going against the POTUS on that ground. Romney, who’s shown very little interest in FP at all, was no different.

We’re headed down the home stretch is this year’s campaigns, it could be a doozy, but I think Obama’s going to win it in the end. Last night was a definitely good for his chances as most post-debate polls showed Obama winning easily. Probably won’t mean much to the polls, but another good performance by the Prez was definitely a must. I thought he was much better than he was in the 2nd debate. As much as I relished his snark, and full blown clowning of Romney, I was definitely concerned he might come off churlish. Doesn’t seem like most folks thought that. Now it’s all about GOTV operations, and if you were paying attention in ’08, you know that Obama might have the best in the business. Obama is already off to a great start in Nevada. Early voting will be huge again this year, but the race is still very close. I’m crossing my fingers ‘til I someone on MSNBC calling it for Obama on election night.

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How The NY Times Whitewashed Sickle Cell

by TKOEd • Monday, Oct 8, 2012 • no responses - be the first

The NY Times has published an article about sickle cell disease where the reporter does not mention SCD overwhelmingly affects Black people in this country. Here we have an 1110 word screed with not even one mention of the people most affected by this disease. The story even revolves around a young white child (with picture of course). Off the top of my head I can think of one other Times article that photoshopped Black and/or brown people from the picture. That NY Times article focused on Brooklyn foods/restaurants, and managed to not speak to any Black or brown entrepreneurs working in the area. Brooklyn just happens to be 64% non-white. I’m sure y’all can find lots of other instances of whitewashing in the NY Times, and of course the media in general.

Let’s take a quick look at those SCD statistics:

  • SCD affects 90,000 to 100,000 Americans.
  • SCD occurs among about 1 out of every 500 Black or African-American births.
  • SCD occurs among about 1 out of every 36,000 Hispanic-American births.
  • SCT occurs among about 1 in 12 Blacks or African Americans.

That’s from the CDC. Notice how stats for white people aren’t even listed.

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