Obamanomics Commentary in Today's WSJ

While the article was meant to summarize the economic content of a speech he just gave, it was the sidebar graphic that was the most interesting:


While Obama has the most worrisome voting record, the first two bullet points in Hillary's list should scare anyone (well, anyone who isn't currently the holder of an inflating interest-only mortgage).

Economic Madness

If anyone doubts how far left Hillary and Obama can be on some things, check out this crazy tidbit from the WSJ (emphasis added):

There are actually two versions of comparable worth legislation, the Fair Pay Act and the Paycheck Fairness Act. The former is co-sponsored by Sen. Barack Obama; the principal sponsor of the latter is Sen. Hillary Clinton (Mr. Obama is a co-sponsor). Both would push companies to set wages based not on supply and demand -- that is the free market -- but on some notion of social utility. The goal is to ensure that jobs performed mostly by men (say, truck drivers) are not paid more than those performed mostly by women (paralegals, perhaps).

And I thought the 'living wage' people were pushing clueless economics!

Premature Celebration In Hillary Camp?

When Jen and I were watching the NH results at the gym yesterday, the Hillary camp was effusively ecstatic over their upset (at least versus the polling predictions of the leading 2-3 days). Sure, they were supposed to lose (potentially double digit, even accompanied by rumors of exit strategies), and so they do have something to cheer about.

However, she only won by 2 points. The issue is that the polls (taken with a grain of salt, given their failure to foresee her win last night) show that Edwards voters would overwhelmingly end up in the Obama camp if Edwards were to drop out. Edwards had 17 points last night. Had it been a pure Hillary/Obama head to head, this would suggest that Obama would have walloped her.

Iowa showed that not all women are blindly lining up behind Hillary (Obama beat her among women in Iowa). Absent that giant guaranteed block, Hillary would be in deep trouble if Edwards realizes the futility of his populist crusade (however inauthentic).