Nov 162012
 

(Rasmussen) More voters than ever now identify themselves as pro-choice when it comes to abortion, and most rate the issue as important to how they vote.

The latest Rasmussen Reports national telephone survey of Likely U.S. Voters shows that 54% describe themselves as pro-choice on the issue of abortion, while 38% say they are pro-life.

via 54% Are Pro-Choice, 38% Pro-Life – Rasmussen Reports™.

 November 16, 2012  Posted by at 5:38 am Comments Off
Nov 152012
 

By Sarah Parnass (ABC) The states with the most signatures petitioning to secede from the United States were some of the largest recipients of federal funding in 2010. The seven states – Texas, Florida, Louisiana, Alabama, Georgia, Tennessee and North Carolina – took more than 23 percent of all federal revenue allotted to the states that year.

via States With Most Signatures to Secede Took Millions in Federal Money – ABC News.

 November 15, 2012  Posted by at 6:47 am Comments Off
Nov 132012
 

By Adam Hartung (Forbes) The common viewpoint is that Republicans are good for business, which is good for the economy.  Republican policies — and the more Adam Smith, invisible hand, limited regulation, lassaiz faire the better— are expected to create a robust, healthy, growing economy.  Meanwhile, the common view of Democrat policies is that they too heavily favor regulation and higher taxes which are economy killers.

Well, for those who feel this way it may be time to review the last 80 years of economic history, Bob Deitrick and Lew Godlfarb have done it in a great, easy to read book; “Bulls, Bears and the Ballot Box” (available at Amazon.com) Their heavily researched, and footnoted, text brings forth some serious inconsistency between the common viewpoint of America’s dominant parties, and the reality of how America has performed since the start of the Great Depression.

The authors looked at a range of economic metrics including inflation, unemployment, corporate profit growth, stock market performance, household income growth, economy (GDP) growth, months in recession and others.  To their surprise (I had the opportunity to interview Mr. Goldfarb) they discovered that laissez faire policies had far less benefits than expected, and in fact produced almost universal negative economic outcomes for the nation!

  • Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents
  • Corporate profits have grown over 16% more per year under Democratic presidents (they actually declined under Republicans by an average of 4.53%/year)
  • Average annual compound return on the stock market has been 18 times greater under Democratic presidents (If you invested $100k for 40 years of Republican administrations you had $126k at the end, if you invested $100k for 40 years of Democrat administrations you had $3.9M at the end)
  • Republican presidents added 2.5 times more to the national debt than Democratic presidents
  • The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations

via Want a Better Economy? History Says Vote Democrat! – Forbes.

 November 13, 2012  Posted by at 10:00 am Comments Off
Nov 132012
 

(Columbia Business School) New research from Professor Andreas Mueller digs deeper to not only provide strong evidence that high-wage workers are disproportionately impacted in recessions but also to explain why firms seem so overeager to shed their most productive workers.

He finds that even controlling for education, work experience, gender, and other easily observable characteristics of the unemployed, those with high wages — beyond any other similarities they may share — tend to get disproportionately laid off in recessions. In particular, those with high residual wages — high wages relative to others with similar education and experience — are the most heavily impacted.

via Columbia Ideas at Work : Feature : Letting+Go+of+the+Best.

 November 13, 2012  Posted by at 8:53 am Comments Off
Nov 092012
 

By Claire Ellicott (Daily Mail) Research published in the Journal of Economic Psychology claims to have discovered the ideal waking hours of the average woman. Tops on the list: 106 minutes of sexual intimacy.

Via A woman’s perfect day? She’d like 106 minutes of romance and 82 minutes of socialising (but only 36 minutes at work) | DailyMail

 November 9, 2012  Posted by at 9:14 am Comments Off