To many presidential idolaters, this era will be known as the Age of Obama. But, in reality, we live in what may best be called the Age of Bernanke. Essentially, Obamaism increasingly serves as a front for the big-money interests who benefit from the Federal Reserve's largesse and interest rate policies; progressive rhetoric serves as the beard for royalist results. read more »
“Indeed, we have the know-how, but we do not have the know-why, nor the know-what-for”—Erich Fromm, social psychologist.
The question of how you “become” as a city has been weighing on me lately. Is it enough to get people back into the emptiness? Is it enough to pretty the derelict? I mean, is the trajectory of Cleveland’s success simply a collection of micro-everythings, start-ups, and occupancy rates? That is, is Cleveland’s reward simply the benefit of being creatively classed? read more »
Whatever President Obama proposes in his State of the Union for the economy, it is likely to fall victim to the predictable Washington gridlock. But a far more significant economic policy debate in America is taking place among the states, and the likely outcome may determine the country’s course in the post-Obama era. read more »
Forget about a fiscal cliff or the threat of sequestrations. Bernanke’s use of the term “cliff” in 2012 is based on the erroneous analogy that fiscal policy had been moving along some level road for a period of time and was just now approaching an “end” or “falling-off” point. read more »
For all of human history, family has underpinned the rise, and decline, of nations. This may also prove true for the United States, as demographics, economics and policies divide the nation into what may be seen as child-friendly and increasingly child-free zones.
Where California falls in this division also may tell us much about our state's future. Indeed, in his semi-triumphalist budget statement, our 74-year-old governor acknowledged California's rapid aging as one of the more looming threats for our still fiscally challenged state. read more »
The pejoratively named “trickle-down economics” was the idea that by giving tax breaks to the wealthy and big business, this would spur economic growth that would benefit those further down the ladder. I guess we all know how that worked out. read more »
Besides his history-making embrace of full equality for gays and lesbians, the most surprising part of President Barack Obama’s Second Inaugural Address may have been the emphasis placed on dealing with the challenge of climate change. The president devoted almost three whole paragraphs, more than for any other single issue, to the topic. read more »
After over 500 murders in Chicago in 2012, the Windy City’s violence epidemic continues – 2013 saw the deadliest January in over a decade – and continues to make national news. The New York Times, for example, ran a recent piece noting how Chicago’s strict gun laws can’t stem the tide of violence. read more »
What have the last two years of modest recovery meant to the growth and redistribution of population among the states? New data on the components of change for states are now available. In March county level data will permit a more detailed portrait.
For states I present four maps, overall population change, change from natural increase, immigration (net international migration) and internal migration between states.
Population Change read more »
Republicans took an all around shellacking in the 2012 elections. Part of the reason is that Democrats dominated the cities. President Obama won 69% of the big city vote, according to a New York Times exit poll analysis. Some of this is perhaps on account of the racial makeup of the cities, as blacks overwhelmingly vote Democratic. Yet it’s clear that, even among the upscale white urbanist crowd, Republican policies and candidates are finding few takers. read more »