Showing posts with label Democrats. Show all posts
Showing posts with label Democrats. Show all posts

Saturday, December 06, 2014

Romans Spent Years Building, Nero Spent a Few Hours Fiddling

A different kind of crumbling being ignored by the GOP.
I'm sure Nero's fiddling sounded something like this:
"[Obama has] the worst record of any president when it comes to putting America deeper in debt.”--Republican National Committee chairman Reince Priebus
Steve Benen does his usual great job chipping through that old outcropping of bullshit.
...just last week, congressional Republicans pushed for a package of tax breaks that would cost $440 billion over the next decade. How would GOP lawmakers pay for this? They wouldn’t... 
President Obama has overseen the fastest deficit reduction seen in the United States since the end of World War II. For that matter, nearly all of the president’s agenda – Affordable Care Act, immigration reform, etc. – would actually improve the nation’s finances. 
...turned a massive surplus into a massive deficit, putting two wars, two tax breaks, Medicare expansion, and a Wall Street bailout on the national charge card, leaving the bill for future generations. 
...public debt grew under Reagan – who promised as a candidate to balance the federal budget – by 186%. 
...H.W. Bush increased the debt by 55%, Clinton by 37% (he’s the only modern president to see surpluses), W. Bush by 86%, and Obama by 59%.
Benen doesn't even mention that most of the debt accumulation under Obama can be laid squarely at the feet of GW Bush, as shown by this well-known-outside-the-conservative-bubble chart.

So, at a time when Republicans' precious free markets are screaming at us to invest in infrastructure (low fuel, materials, labor, and borrowing costs), we are, instead of borrowing and spending on infrastructure that more than pays for itself like any good CEO would do now, watching little corporate piss ants like Reince Preibus give millions of wingnuts a talking point to drop like a bomb while they run away from the real fight.

But the frame is set that Democrats are free spenders, so the GOP looks thrifty while the country literally crumbles.

Saturday, September 20, 2014

Democrats to Hold Senate is a Nice Long Shot If You Can Get It

The Geeky Version of Senate 2014 Election Day Model from Sam Wang
From the mixed up files of the #ThingsIWishICouldBetOn, this year is serving up an excellent long shot: Democrats to retain control of the Senate. It's a long shot for a reason, of course. Gamblers, especially the right-leaning ones looking for confirmation bias, learned that Nate Silver has been right a lot (something many of them learned the hard way). Democrats have to defend more seats. Midterms go against the incumbent President. People prefer Republicans in times of terror threats Republicans drum up (shorter Lindsey Graham: We're all gunna die!), even though Republicans want to start another land war in Asia that the people supposedly don't want.

Because, of course they do.

So, the nerd war between Nate Silver and Sam Wang have been entertaining as a way to highlight the differences between their prediction methods, but as we approach election day, Nate's model looks less at the "special sauce" and more at the polls. Since Wang doesn't add any special sauce, the two models will start to agree more. And it's Nate's model that's moving into agreement with Sam's. In fact, 538 moved from 64% GOP to 53% GOP in 9 days.

And Wang's prediction is a 70% chance of Democrats holding control of the Senate.

Betfair is paying 16/5 odds for Democrats to hold 51 seats.

In one of the play-money prediction markets I'm in, I'm getting Dems to control (VP breaking tie counts as control) at 23.4 a share (pays 100).

I made some money betting with the Princeton model at Intrade, and, of course, now that there's decent odds against Wang, I have no where to legally bet.

Figures.

Standard long shot warning applies: don't bet as much on long-shots, as you're already subjecting yourself to some long-shot bias. But in a showdown between Silver and Wang, my money, at least a small chunk of it, would go with Wang. So, a sizable chunk of my play money is.

Furthermore, the Democrats have an ace in the hole, or, more precisely, some jokers: pent up pressure building under the lid the GOP is trying to hold on top of their boiling pot of crazy.
...we are well positioned to see some of these candidates take a journey on the crazy train in the closing weeks of this election cycle. Why? Three reasons. First, the debates are coming up, and as we saw in 2012 with Mourdock, the more these people talk in an unscripted forum, the more likely the guano will ooze out.
Second, in the tighter races, the candidates are feeling the heat. Consequently, they may make an unforced error or try to offer some red meat to the far right hoping it brings their base out in what’s expected to be a low-turnout election.
Finally, there are some male Republican candidates for Senate, like Colorado’s Corey Gardner and North Carolina’s Thom Tillis, who are playing with dynamite. By that I mean they’ve decided to talk birth control thinking it can help them, but one slip up on this issue, and cue the “Republican war on women” headlines.
Any of these scenarios could be trouble for the GOP. And not just for the candidate who made the comment, but it could put Republicans on the defensive nationwide. 
The Sarah Palin of the cornfields, via the Everlasting GOP Stoppers
Dean Obeidallah lists his Final Four crazies most likely to blow, which includes noted nullification expert Joni Ernst, the GOP Senate candidate in Iowa, who's reached pressure cooker levels of pent up crazy.

Nate Cohn notes:
If all of the candidates currently leading in the polls go on to win, which is not at all assured with so many close races and still 45 days to go, then the party that wins two from the list of Iowa, Alaska and Kansas will win the Senate. 
With Kansans, despite polling problems, looking more and more like less is wrong with them (they had to learn the hard way that Republicans are what's the matter with them) and Alaska being a tossup like Iowa, it seems my long shot could be depending on Joni Ernst doing or saying something really crazy, and when it comes to corn-fed Republicans and the crazy, the long shot looks better than even money.


Tuesday, February 11, 2014

GOP Letting It All Crumble Because They Like Bombs Better Than Bridges

The opposite of what we
should be doing right now.
Government spending is down, deficits have been halved, and the public sector is smaller since Obama took office. Of course, this is the opposite of what a Progressive government would be doing with so many people out of work and so much infrastructure crumbling.

Democrats, especially progressive ones, but even the President (a moderate Democrat), have been pushing for more infrastructure spending. Republicans will not pass any. They won't even pass minimal funding for an Infrastructure Bank, which used to be a Bipartisan idea, supported by Former Senator Hutchison of Texas, for one.

Now they seem intent on letting our infrastructure, which makes us more productive, pays for itself, and helps keep American companies here, crumble.

If terrorists were killing as many Americans as our crumbling infrastructure, I wonder how much Republicans would be willing to borrow and spend to invade and occupy a country that had nothing to do with it?

Friday, June 10, 2011

The "Both Parties Suck" Mentality is Really Bad for Workers

Those who say both parties suck should note that only one US Political Party supports the right of workers to organize into unions. In fact, the other, i.e. the Republican Party, is actively taking away the right of people to collectively bargain for a good wage, easing child labor laws, and even ranting about the evils of a minimum wage.

Remember the Battle of Blair Mountain and all the other struggles workers went through in this country when you go to the ballot box.

The Battle of Blair Mountain was one of the biggest civil uprisings in the United States history and the largest armed insurrection since the American Civil War.[1] For five days in late August and early September 1921, in Logan County, West Virginia, between 10,000 and 15,000 coal miners confronted an army of police and strikebreakers backed by coal operators during a struggle by the miners to unionize the southwestern West Virginia coalfields. Their struggle ended only after approximately one million rounds were fired,[2] and the United States Army intervened by presidential order.

People fought and died for American Workers to have rights like 8 hour days, weekends, minimum wages, and unions. The least any of us can do, but especially union members, is to remember those people who fought for our rights against powerful corporations, and to vote for the people most likely to make sure we retain those rights.

Of course, there are a lot of other reasons to vote for Democrats, not the least of which is that we tend to have at least a basic understanding and respect for science. But most of all, just look at what George Bush did. Seriously. The Republicans had their chance, they ran things the way they wanted, and it was a disaster of epic proportions. GW Bush is the modern Hoover, and here we are in a Great Recession started by GOP ideology. It doesn't work. Tax cuts for the rich don't create jobs (in fact, George Bush had the worst job creation record since Hoover). Deregulation and privatization create corruption and legalized theft. Pollution increases health care costs.

Democrats, for all their faults, did not cause our current troubles. Republicans did.