economic theory

That is the message that Steve Gill is sending the National GOP this morning:

'Food prices are way up. Workers' inflation-adjusted earnings are down:" Republican economic theory in action.....

Rev. Sensing has encouraged me to take up blogging since I began commenting at One Hand Clapping during the major combat operations in Iraq. While it is easy to enter the conversation in a comment thread, the thought of staring at a blank screen of phosphors to compose an original thought worthy asking others to take time to read has always been to me an intimidation not easily overcome. But Sense of Events seems a convivial place to offer observations on the passing scene, even as offbeat as

Mitt is going to make sure that you keep your job. Every job. Guess he’s trying to overcome that “guy who lays you off” thing.

McCain: I’ll use that veto pen. No porkbarrel earmarks. He’s not Miss Congeniality. He’s right. I’ve met John McCain. He looks nothing like Sandra Bullock.

Martin Kennedy has found that what he learned in those economic theory books about markets being efficient and hard work and productivity being rewarded isn’t really how the world works: