The 2020 Presidential and Senate polling nowcasts: we need more small State polling! For the past five weeks I have posted a projection of the Electoral College vote based solely on State rather than national polls (since after all that is how the College operates) that have been reported in the last 30 days, using the following formula: – States where the race is closer than 3% are shown as toss-ups. – States where the range is between 3% to 5% are...
Read More »Dig Him Up!
Dig Him Up! by Ken Melvin On our TV and computer screens we saw right-winged protesters armed with semiautomatic weapons displaying swastikas, nooses, and replicas of supposed confederate battle flags guarding the entrance and filling the chambers of Michigan’s State Capitol. How did they get by with this? Does the Second Amendment of the US Constitution give them the right to try to intimidate a duly elected Governor, government, with assault weapons and...
Read More »The short leading indicators and the 2020 Presidential election forecast
The short leading indicators and the 2020 Presidential election forecast As I pointed out on Sunday, polls and poll aggregations really aren’t forecasts, they are nowcasts. They tell you who would win and by how much *if the election were held today.* They don’t tell you whether or by how much that is likely to change over the next few months. Further, candidates, campaigns, and voters react to them, and so change the dynamics. And in the case of several...
Read More »Initial claims: a jolt of bad news, as Mitch McConnell and the GOP dawdle on an emergency benefit extension
Initial claims: a jolt of bad news, as Mitch McConnell and the GOP dawdle on an emergency benefit extension This morning’s report on initial and continuing claims, which give the most up-to-date snapshot of the continuing economic impacts of the coronavirus on employment, was a jolt of bad news, as claims increased by over 100,000 to the worst level in 4 weeks. The trend of slight improvement to “less awful” since the end of March was broken, and there...
Read More »School openings need….
Via Diana Ravitch’s blog on a Time magazine article What the U.S. Can Learn from 3 Countries About Reopening: TIME Magazine just published a story about school reopening in Denmark, South Korea, and Israel, with lessons for the U.S. Lesson #1 from Denmark: Get the virus under control before reopening schools. Unlike Denmark, the United States is bungling that, and the virus is spreading in the south and west. Perhaps states that have taken the necessary...
Read More »Brad Setser on Offshoring Life Science Production and Transfer Pricing
Brad Setser on Offshoring Life Science Production and Transfer Pricing I just posted a discussion of an interesting proposal from Biden written by Alex Parker who mentioned some February 5, 2020 testimony from Brad Setser. The gist of this testimony was noted back in a March 26, 2019 blog post entitled When Tax Drives the Trade Data: I often hear that pharmaceuticals are one of America’s biggest exports. But that isn’t what is in the actual trade data...
Read More »Selection
Selection by Ken Melvin The times they are a changing. And they are changing at pandemic speed. Five months ago is ancient history. Now is a but a fleeting interval. From now, the future. What will our world look like six months from now? What will it look like in three years? So much for being the ‘Greatest Nation Ever Known’. We just got rolled by a virus whilst beset with incompetent leadership, inadequate healthcare, a global warming crisis, and a...
Read More »The 2020 Presidential election nowcast based on State polling: Trump support deteriorating even in red States
The 2020 Presidential election nowcast based on State polling: Trump support deteriorating even in red States For the past four weeks I have posted a projection of the Electoral College vote based solely on State rather than national polls (since after all that is how the College operates) that have been reported in the last 30 days. Here’s how it works: – States where the race is closer than 3% are shown as toss-ups. – States where the range is between...
Read More »Truth Is The Daughter Of Time
Truth Is The Daughter Of Time This is a frontispiece to a 1951 mystery novel by Josephine Tey (real name: Elizabeth Makintosh) named _The Daughter of Time_It is about the question of whether or not King Richard III ordered the murder of the “Little Princes in the Tower,” his nephews Edward and Richard, as has long been alleged, and for a long time was simply accepted as historical fact. This bestselling and very well and wittily written novel makes...
Read More »Covid litigation and immunization
(Dan here…a note for reality) Full liability release for businesses and hospitals It’s necessary, Mitch McConnell and his colleagues say, because of a “flood” of frivolous lawsuits crushing businesses and threatening economic recovery. So it’s important to say this clearly and out loud: there is no crisis of COVID-19 litigation. It’s made-up, it doesn’t exist, it’s a ploy to get businesses out of paying for compliance. That’s entirely it. We have all the...
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