Journal 08/25/2014 (p.m.)

  • tags: South Carolina politics

    • Then, as she promised in her campaign, Haley issued report cards on how legislators voted on key bills.

      “Some of the things she does are silly,” said Rep. Jim Merrill, a Berkeley Republican and former House majority leader. “It’s hard to govern with the same people that you spend a good time bashing. I think she’s realized that.”

      The report cards, issued only once, have not reappeared. Haley says she became more willing to work with lawmakers and accept partial victories.

    • Clemson University political scientist David Woodard, who started a group questioning Haley’s transparency in 2010, says South Carolina’s falling jobless rate and rising job numbers are more a result of global factors than Haley’s salesmanship.

      “Politicians don’t control that,” he said. “BMW does not expand because Nikki Haley is the governor or not the governor. But I think voters appreciate she’s been there for plant openings.”

  • tags: politics economics

      • Do Dems run the economy better? Nope.

        August 24 at 6:56 PM

        It’s a Democratic campaign consultant’s dream: a study from two respected academic economists concluding that, since the late 1940s, the economy has consistently performed better under Democratic presidents than under Republican ones. The gap is huge. From 1949 to 2013 — a period when the White House was roughly split between parties — the economy grew at an average annual rate of 3.33 percent, but growth under Democratic presidents averaged 4.35 percent and under Republicans, 2.54 percent. Jobs, stocks and living standards all advanced faster under Democrats.

        Not surprisingly, one of the report’s authors is a well-known Democratic economist, Alan Blinder, a former vice chairman of the Federal Reserve now at Princeton University; the other author, Mark Watson, also at Princeton, is a highly regarded scholar of economic statistics who describes himself as nonpartisan. More interesting, Blinder and Watson don’t credit the Democratic advantage to superior policies.

        “Democrats would no doubt like to attribute the large [Democratic-Republican] growth gap to macroeconomic policy choices, but the data do not support such a claim,” they write. Most economists, they note, doubt presidents can control the economy.

        So if presidents didn’t do it, who or what did? Blinder and Watson march through economic studies. Their conclusion: About half of the Democrats’ advantage reflected “good luck” — favorable outside events or trends

    • The implication is clear: If Republican presidents were saddled with most recessions, their growth and job creation records would naturally be worse. And that’s what the Blinder-Watson study shows. Since the late 1940s, the economy has spent about 12 years in recession. But 10 of those 12 years occurred under Republican presidents; only two occurred under Democrats.
  • tags: baseball Nationals Washington

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Journal 08/11/2014 (a.m.)

Posted from Diigo. The rest of my favorite links are here.