Author: Stable Genius

I am the very model of a Stable Genius Liberal.

Libertarian Accidentally Shows Obamacare Success

Libertarian Accidentally Shows Obamacare Success

While some of his points have validity, it’s fair to say that the broader narrative conveyed by his work, which certainly lies on the sophisticated end of the anti-Obamacare industry, has utterly failed to prepare his libertarian readers for the possibility that the hated health-care law will actually work more or less as intended.

The better it works, the more likely they will start calling it Romenycare and insist that it works because of capitalism and markets, not government.

That’s the way they square their cognitive bias with reality.

Joblessness not due to skills gap, experts say

Joblessness not due to skills gap, experts say

The starting wage in manufacturing in the seven-county Pittsburgh region fell from $19,855 in the beginning of 2009, half a year before the end of the Great Recession, to $18,828 this January, or $3,000 less than what the wages would have been if they kept pace with inflation 4 ½ years into the recovery.

“Every time you hear someone say ‘I can’t find the workers I need,’ add the phrase ‘at the wage I want to pay’,” said Heidi Shierholz, an economist for the Economic Policy Institute, a Washington, D.C., economic research organization.

People are choosing not to work because the pay is too low. Not surprising.

Ann Coulter Is Right to Fear the World Cup

Ann Coulter Is Right to Fear the World Cup

America’s World Cup game against Portugal attracted almost 25 million television viewers in the U.S., eight million more than watched the highest rated World Cup game in 2010, and far more than the average viewership for last year’s World Series or this year’s NBA finals.

This is the kicker:

Coulter’s deeper point is that for America to truly be America, it must stand apart. That’s why she brings up the metric system. The main reason to resist the metric system isn’t that it’s a bad form of measurement. It’s that it’s a European form of measurement. So it is with soccer.

Charlatans, Cranks and Kansas

Charlatans, Cranks and Kansas

the Kansas debacle shows that tax cuts don’t have magical powers, but we already knew that. The real lesson from Kansas is the enduring power of bad ideas, as long as those ideas serve the interests of the right people.

People who want those tax cuts the most, care the least that they don’t actually work.

Amartya Sen: I think that Piketty’s conclusions mostly stand

Amartya Sen: I think that Piketty’s conclusions mostly stand

I think that Piketty’s conclusions mostly stand. There are one or two exceptions, including the fact that these conclusions probably apply a little less to the United Kingdom than to many of the other countries which he discusses – they certainly apply to the United States very well. So I think that the summary story that inequality has been growing quite sharply in recent decades, and in recent years in particular, is true.