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Saturday, May 28, 2011

Monday...Maine officials grapple with New Hampshire envy. Want our economic growth? Adopt our tax structure. (Prediction...they won't do it).

Egypt is disintegrating.

Putin and Medvedev offer Russians a real choice (maybe).

Cornel West called out as the Ivy League huckster that he is.

Huntsman visits New Hampshire.

Tuesday...Young people flee New York. Want to prevent that from happening? Adopt New Hampshire's tax structure. (Prediction...they won't do it).

Experts baffled by decline in major crimes in the United States. It seems economic distress is not the major factor in criminal activity. Californians will soon discover that crime is caused by criminals.

European leaders at a loss as to what they ought to do about Greece (and, possibly, Portugal, Spain and Italy).

A plan to deal with deficits.

Wednesday...Americans fear the growing debt more than a possible default.

Thursday...Analysis on the special election win for the Democrats in upstate New York here and here. My analysis? One special election taken alone does not necessarily tell us anything. When three or four are strung together and all point in the same direction, then you might have something. Still, a backlash against the GOP on Medicare fits within my grand theory of American voter behavior, which explains the see-saw nature of recent elections as a consequence of ill-informed 'swing voters' entering the fray in unpredictable proportions and behaving in unpredictable ways depending on the circumstances of the moment.

Friday...Is there really water on the Moon? If so, it would make establishing a permanent base much more practical.

Jonah Goldberg says that for the GOP the die is cast. Like Caesar, Republican leaders have crossed the Rubicon with their embrace of the Ryan Medicare proposal. If 'swing voters' are convinced by the Democrats that the GOP is trying to eliminate Medicare, then many Republicans will be defeated in 2012, and Obama may get his second term. Of course, the huge and growing annual deficits and growing mountain of accumulated debt will remain, and whoever wins will still face the unpalatable choice of either cutting cherished benefits or raising taxes.

Paul Krugman relishes the opportunity to bash the GOP over the head with the Ryan plan.

The folks at The Wall Street Journal relish the opportunity to educate voters about the true meaning of a "tax the rich" policy.

Jay Cost analyzes economic data and concludes that we may be in for a long period of minuscule economic growth. If he is correct (and I think he is), then we may reach a crisis sooner rather than later on entitlements, other spending, and taxes.

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