Archive for 2013

THIS DOESN’T LOOK GOOD: Bryan Caplan: The Decline of Creative Destruction? “Striking fact: The rate of job destruction during the Great Recession used to be perfectly normal! We experienced it as a calamity because job creation not only kept falling, but dipped below expectations.”

SLIP-SLIDIN’ AWAY: WaPo: Obama’s Approval Hits New Low. “The newly released poll shows that 41 percent view Obama in a positive light — down from 55 percent after his reelection win, in December. Meanwhile, a majority — 53 percent — now disapprove of him. Obama’s image is also underwater on a number of issues — most notably the economy (65 percent disapprove), health care (59 percent) and even immigration policy (60 percent). All three are new highs for Obama’s presidency.” People have lost trust.

INTERESTED IN NANOTECHNOLOGY? Check out the Foresight Institute’s 17th Annual Technical Conference on Nanotechnology, February 7-9, 2014, Crowne Plaza Cabana Hotel, Palo Alto.

AT AMAZON, Kindle Countdown Deals. Browse ’em now, because they won’t last.

CBS APOLOGIZES FOR problems with Benghazi story. You notice the apologies and soul-searching come a lot faster and harder when it’s a story that makes Obama look bad?

JONAH GOLDBERG: The Government Thinks You’re Stupid. Stupid is as stupid does, and a comparison of financial solvency and IT policy implementation leaves me a clear winner . . . .

MEGAN MCARDLE: Is ObamaCare Pulling The Plug On Medical Innovation?

The only way to find out, of course, is to wait (though really, we’ll still end up arguing: If medical innovation falls, the law’s supporters can always say it would have fallen anyway; if it goes up or stays steady, the opposition can always argue that it would have risen further). But here’s one sign to watch: Venture-capital investment in medical technology seems to be falling fast. . . .

And at some level, it doesn’t really matter whether it’s caused by Obamacare; disinvestment in medical technology probably means a slowdown in innovation no matter what its cause. If that’s the natural result of slowing research productivity, or a population that would rather invest its money in other things, then that’s as it should be. But it’s still disappointing to contemplate fewer life-saving new technologies in the future.

I’ve long worried that ObamaCare would have just such an effect, though I authored a somewhat more optimistic take here.

PEW RESEARCH’S ANDY KOHUT: The GOP Is In Better Shape Than You Think. “Independents favor the GOP on handling the economy by a whopping 46%-30% margin.” And the shutdown is looking better in retrospect, as ObamaCare implodes. “It is not too much of an oversimplification to say that Democrats are struggling because President Obama is struggling.”

HOPEY-CHANGEY: Yep, Being a Young, American Adult Is a Financial Nightmare. “Poverty is an astonishingly common experience here in the world’s richest country. As I wrote this morning, almost 40 percent of American adults experience it for at least a year by age 60. But you know who poverty is especially common among? Young adults.”

INSTAVISION: My interview with Rand Simberg about his new book, Safe Is Not An Option, is now on YouTube.