Wednesday, December 16, 2009

Barone Sees a Trend

Top Washington political prognosticator Michael Barone, writing for the Washington Examiner, sees four normally re-electable Democrat Congressmen retiring and suspects a trend. Too much a gentleman to call it "rats leaving a sinking ship," Barone characterizes it instead as smart political operators seeing 2010 as a tough year for Democrats and deciding to take their careers elsewhere.

The entire article is worthwhile, here is the red meat section:
When Massachusetts Democrat Michael Capuano, fresh from a second-place finish in the primary for Edward Kennedy's Senate seat, was asked to tell the Democratic caucus what he had learned on the campaign trail, he replied in two words: "You're screwed."

Small Cars a Hard Sell

George Peterson, president of consulting firm AutoPacific, based in Los Angeles, talking about trying to sell small cars to Americans on MSNBC.com:
Our research shows that, despite what the U.S. government is telling us, few Americans want to downsize to smaller cars.
His research makes sense to me. How about finding ways to let my full-size pick up truck get better mileage? Now that is a program I can support.

Tuesday, December 15, 2009

Rasmussen: Health Care Reform Unpopular

Rasmussen Reports finds the health care reform efforts being pursued in Congress are unpopular with voters:
Fifty-six percent (56%) of U.S. voters now oppose the health care plan proposed by President Obama and congressional Democrats. (snip) Just 40% of voters favor the health care plan.
When voter intensity is polled, the results are striking:
Perhaps more significantly, 46% now Strongly Oppose the plan, compared to 19% who Strongly Favor it.
And yet Congressional Democrats push ahead with this unpopular bill, do they have an electoral death wish?

Quote of the Day

California political maven Dan Walters, writing in The Sacramento Bee about a stratified California:
California, with about 12 percent of the nation's population, has a third of its welfare recipients.
I have no reason to believe Dan has his facts wrong. CA has one eighth of the U.S. population and one third of its people on welfare.

Do you think this imbalance has occurred by chance? I don't. I conclude it reflects ongoing CA state and local governmental policies.

Sunday, December 13, 2009

New Low in Approval Index

We thought yesterday's -16 was interesting and new. Today we have a Rasmussen Presidential Approval Index of -19. Go here to see the take on this development the guys at Power Line have. They print out Rasmussen's graph of the two lines for Strongly Approve and Strongly Disapprove and it is a stunner.

If you can imagine it, only 41% of Democrats strongly approve of their President. Among independents, only 21% strongly approve. It looks like Obama has alienated much of his base, as well as most of the rest of us.

Saturday, December 12, 2009

Whither Belgium

Belgium is a country not unlike the former Czechoslovakia, made up of two quite different cultures. See this article in the Weekly Standard concerning the issues there and the future of Flemish/Walloon Belgium.

The future of Belgium gives us some indication of what to expect from other multicultural nations like Canada, and perhaps someday the United States. Meanwhile, Andhra Pradesh, an Indian state, will soon be splitting in two as a result of this same kind of cultural tension.

Quote of the Day II

Paul Rahe holds an endowed chair at Hillsdale College. Here Rahe is quoted by Scott Johnson of Power Line with regard to President Obama:
The America that he inherited and its traditional allies he hates. When the country turns on him as it is doing step by step, and he recognizes that his fellow citizens are intent on reversing what he has done, he may openly turn on us. We are, I suspect, in for quite a ride.
"Hates" may be a little strong.

Obama Poll Hits New Low

Rasmussen Reports' Daily Presidential Tracking Poll calculates a Presidential Approval Index. For President Obama this index has hit a new low of -16. The index is calculated by subtracting the percentage of likely voters who Strongly Disapprove of the President (41%) from the percentage who Strongly Approve (25%). As Scott Rasmussen notes:
That's the lowest Approval Index rating yet recorded for this President.
It is the Strongly Approves who are dropping, only 43% of Democrats hold that view. Obama's strong defense of the "just war" and his 30,000 soldier surge cannot be popular with the pacifist wing of his party.

Quote of the Day I

Jean-Francois Revel, quoted in a book review in The Wall Street Journal. He is speaking of the shortcomings of Communism:
Utopia is not under the slightest obligation to produce results; its sole function is to allow its devotees to condemn what exists in the name of what does not.

Thursday, December 10, 2009

Imagine This

Public Policy Polling reports that Obama is very little more popular than the widely disliked George W. Bush, see what they say:
Perhaps the greatest measure of Obama's declining support is that just 50% of voters now say they prefer having him as president to George W. Bush, with 44% saying they'd rather have his predecessor.
In spite of the Nobel Peace Prize? In eleven months Obama has thrown away an amazing amount of public good will.

Monday, December 7, 2009

Pearl Harbor Day

Today we take a moment from our busy schedules and remember the brave men and women in Hawaii who were murdered by the Japanese on this date in 1941. While we're at it, let's also remember the thousands more who died in the Bataan Death March and elsewhere throughout the Pacific, courtesy of the Empire of Japan.

If you've traveled and lived in the Pacific as we have, you know the Japanese did not make many friends in the places they conquered. Brutality has that effect....

Sunday, December 6, 2009

Why Recoveries are "Jobless"

You will see references like this one to our economy making a "jobless recovery." If you've wondered why this is so, or if it is unusual, let me explain what is going on.

Non-salary expenses make up a large percentage of each full-time worker's employment cost. These include, but are not limited to, health care expenses, retirement contributions, vacation and sick leave. Some estimates suggest these expenses are as large as 40-50% of salary cost, or a third of the total cost of employing a full-time employee.

When a firm first starts to experience a need for additional employee hours worked, normally as a result of increased orders when a recovery happens, it is cheaper to put existing workers on overtime than to hire additional workers. While overtime normally means paying out 150% of hourly wage, it typically does not carry with it additional benefit costs. And, existing workers already know how to do the job, and incur no costs for recruitment, selection, and training. Another route taken by such firms is to hire temporary or part-time workers.

Therefore, firms keep piling on overtime until their full-time workers begin to rebel in one way or another. This rebellion may consist of declining morale and productivity, increased sick leave, or increased turnover. Eventually, firms experiencing increased orders will have to hire new full-time workers, but it is typically a last resort.

If you've wondered why the talking heads tend to favor infrastructure and construction projects as job creators, it is because these are industries where many workers are hired on an "as needed" basis and laid off between projects. Beginning new projects takes workers off the unemployment rolls quickly. As such it rapidly improves the unemployment statistics reported in the media and this helps the politicians. Such projects aren't very helpful to individuals whose job skills are not in the construction trades.

So...is a "jobless recovery" normal? Absolutely. Employment is a lagging indicator of the economic cycle. If anything other than a jobless recovery should happen, be surprised.

Good News for GOP

See this article in the Las Vegas Review Journal, reporting Senate Majority Leader Harry Reid's (D-NV) dim chances of reelection next year. Reid, of course, got the Democratic leadership job when their prior senate leader, Tom Daschle (D-SD), failed to be reelected in 2004.

Much, of course, could happen to change the outcome between now and November, 2010. On the other hand, if it turns out that Reid is not reelected, much will be made of the Democrats' inability to get their senate leadership reelected.

Sadly, there seems to be little chance of the same electoral outcome for House Speaker Nancy Pelosi (D-SC). However, I'll happily settle for half a loaf.

Bad News for Bolivia

See this Reuters article concerning the election happening in Bolivia. It appears that President Evo Morales, an ally of Hugo Chavez, will win reelection and continue his policy of the nationalization of various industries. This is not good news for Bolivia, for the balance of Latin America, or for the U.S.

Thursday, December 3, 2009

Cheers for Chile

COTTonLINE keeps an eye on happenings in Central and South America, which regions share the hemisphere with us Norte Americanos. Here is a brief story in Investor's Business Daily posting some very good news for Chile. The opening paragraph sums up that good news:
Chile will join the Organization for Economic Co-operation and Development later this month, the rich-nation club's president said Wednesday. It is one hell of a proud moment for Chile.
The Chileans are serious free-traders and capitalists, and their government spending is under control as well. Credit for initiating these policies in the 1970s and 1980s goes to a group of young Chilean economists trained under Milton Friedman at the University of Chicago.

Good News and Bad News

The President has given his general in Afghanistan the troops asked for. That much is good news. Now we will see if the general can deliver.

The bad news is that the President has also announced a timetable for departure. If you were a Taliban chieftan, what would you do? You would announce to all and sundry that after that deadline "we Taliban will still be here and those Americans won't be, their cowardly President says so."

Now suppose you are an Afghani trying to figure out with whom to ally, who would you choose? If you have any sense you'll lie low until the Americans leave while assuring the Taliban of your support.

The President had to straddle two very different viewpoints in his speech, and the result was as awkward as straddles normally are. I fear those extra troops are being sent in harm's way to no good purpose, their mission compromised by the timetable for departure.

Wednesday, December 2, 2009

Blankley's Blues

Tony Blankley does some good opinion pieces and this one for Rasmussen Reports is particularly thoughtful, based in history, and not very optimistic. Musing about the American public's willingness to make the needed tough fiscal choices, he says:
Are we Americans still brave enough to remain free? My guess is that neither the two major political parties nor the majority of the public loves America enough to campaign and vote on the hard, bitter truth about our condition.
The article is worth your time, but not cheerful.

Understanding Rasmussen

Regular readers of COTTonLINE know that we follow the polling work of Scott Rasmussen as reflected in the Rasmussen Report. You may also have noticed that the Rasmussen numbers tend to be somewhat less positive for the President than some other polls.

This article in The Atlantic explains why Rasmussen's poll results may be so, and does so without either supporting or criticizing them. The factors are: automated polling, giving respondents four choices rather than two, and selecting individuals to be polled based on likely voting.

Automated polling may provide a way around the "Bradley effect," a reluctance or fear some white voters have to admit to an interviewer that they do not plan to vote for a black candidate.

I'm not sure what gives with four choices. Clearly, depending on how Rasmussen selects his likely voters, he might tend to underpoll likely Obama voters. I guess the question is this: how did his numbers predict the 2008 election?

Peters: Obama "Just Plain Nuts"

President Obama has announced his strategy for Afghanistan, in a speech to the cadet corps at West Point. My first thought was to see what Ralph Peters, who writes about military matters for the New York Post, has to say about it. He is seriously not amused:
Just plain nuts: That's the only possible characterization for last night's presidential declaration of surrender in advance of a renewed campaign in Afghanistan.
Of Obama's strategy with respect to Afghanistan, Peters says:
This isn't just stupid: It's immoral. No American president has ever espoused such a worthless, self-absorbed non-strategy for his own political gratification.
And with regard to Pakistan, Obama said "We are committed to a partnership with Pakistan that is built on a foundation of mutual interests, mutual respect and mutual trust." Whereas Peters believes our attitudes toward Pakistan are that:
Our interests diverge, we don't respect each other and we certainly don't trust each other.
Go read the entire article, Peters should be your go-to guy for military commentary.

Monday, November 30, 2009

Immigration and the GOP

It would appear that there is a significant disjuncture between GOP politicians and GOP voters. See an interesting analysis in the National Review based on Washington Post polling data published here.

The polling data says Republican voters believe the party is putting too little emphasis on illegal immigration, on Federal spending, and on the economy and jobs. Like the analyst for NR, I infer a connection in voters' minds between jobs and illegal immigration.

If Republican politicians cannot bring themselves to deal with these issues, interesting opportunities are created for independent candidates who are willing to do so.