“No one likes to admit defeat. But global policymakers, who continue to insist that there’s more they can do to revive growth and inflation, are starting to sound like Monty Python’s Black Knight (click to see video)..."
"...what makes today’s Washington Post editorial so remarkable, such a tour de force, is that the editors are literally calling for the criminal prosecution of one of the most important sources in their own newspaper’s history. Having basked in the glory of awards and accolades, and benefited from untold millions of clicks, the editorial page editors of the Post now want to see the source who enabled all of that be put in an American cage and branded a felon. That is warped beyond anything that can be described."
Hillary Clinton has spent several times what Donald Trump has spent to air television ads in key states. That will likely continue; in a new count by Advertising Age, the Clinton campaign and its allied super PACs have booked $145.3 million in ad time between now and Election Day, to $4.4 million for Trump and his groups. The disparity has terrified some Republican strategists who fear Trump is being drowned in a tidal wave of Clinton ads. But what if it doesn't really matter?
NY Attorney General Eric Schneiderman is probing why Exxon Mobil hasn’t written down the value of its assets, two years into a pronounced crash in oil prices. To be sure, it is most likely that Scheiderman is looking for another career-boosting witch hunt, which however is not to say that Exxon is blameless in this particular case.
Despite the polls, the outcome is utterly unpredictable. This was true even before Hillary Clinton's recent health issue. The reality is that polling is incapable of accurately predicting the outcome of elections like this one, where so many voters are angry, resentful, emotional, negative, and frightened.
What do you do when the economy isn't growing the way you want it to but you need to win an election in the very near future? Well, one option is to have the Census Bureau change its data collection methodology to goal seek the desired income growth.