Friday Thoughts

Reading Yglesias (a hard Keynesian) on economics is like reading someone arguing creationism - it takes a lot of denial for Matt to argue taht way.

NYTimes endorses McCain and Romney/Giuliani breathe a sigh of relief. Pinch has destroyed a national treasure.

Republicans everywhere are smiling that Democrats notice that Bill Clinton is a liar. Though admittedly that depends on what the meaning of the word "is" is...

Every day that passes convinces me that the Democratic primaries are making Obama is a more dangerous candidate and Hillary a less dangerous one. If Bill is pissed at the press now, Chris Wallace will make his head explode on national TV.

The economy will be the win-lose issue as usual. Iraq has calmed down and there have been no major terrorist attacks in the Western world. I am less confident that plays well for Republicans.

To astute observers, the military is at a cross roads. The US Armed Forces does not have one major force delivery platform that was introduced later then the 70s, excepting drones. The F-22/F-35 are starting to come online in small numbers; DD(X) destroyers are JUST being built (the "as needed" CG(X) and LCS are not started yet). Ironically, the Army is making better strides with FCS, but that is due to lower marginal cost and higher enemy contact. Someone needs to be worrying about this now.