As an addendum to yesterday's post on investor confidence in the United States, it's worth noting this recent Gallup survey, in which they gave investors a list of possible situations that could affect the investment climate, and asked which were hurting or helping the United States. Of the choices, deficits and unemployment ranked the highest:
Andrew Sullivan has done it again. In a post about rampant income inequality -- which, to be fair, he sees as a problem -- Sullivan equates "wealth" with "success." I'll let E.D. Kainexplain what's wrong with this equivalence:
On Meet the Press yesterday, White House Chief of Staff Bill Daleydenied that the nation's top politician is thinking about his reelection campaign:
White House chief of staff Bill Daley said on Sunday President Barack Obama isn’t concerned about the politics of 2012. “This is a guy that doesn’t look at politics as left, center, whatever,” he said on NBC's “Meet the Press.”
As Mike Allennotes, Paul Ryan is working to educate his fellow Republicans on Social Security and Medicare cuts:
Fearing they may be walking into a political buzz saw by proposing cuts to Medicare and Social Security, House Republican leaders are working to build support among rank-and-file members and among constituents before releasing the House GOP budget next month. House Budget Chairman Paul Ryan (R-Wis.), who has spent years giving chalk talks on entitlements, is schooling his colleagues with a PowerPoint presentation, “The Choice of Two Futures,” designed to educate them about the problem before he proposes specific solutions.
Rick Kleinwonders about the seemingly vacant Republican presidential contest:
So far, the field has been more remarkable for who's not running than for who is. This time four years ago, with both parties' nominations wide open, some 17 candidates had taken formal steps to run for president; one had even declared his candidacy and dropped out.