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« Weighing the Week Ahead: Will the Fed Disappoint the Markets? | Main | The Fiscal Cliff: What Now and What to Expect »

September 11, 2012

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Jim McBob

Interesting the things that neither party seems of sufficient interest to mention at all: "Bernanke" "federal reserve" "demographics" "sustainability" "life expectency" "overpopulation" "occupy movement" "globalism" "socialism" "underclass" "gold standard"

oldprof

Proteus -- heh heh --- so it seems!

oldprof

Terry -- Thanks for the correction. I should have read the fine print.

I hope you enjoyed the quest:)

Jeff

Proteus

"Compromise". Doesn't that usually go along with "We will never"?

Terry

Oops - The actual count of the word compromise was actually 7 for the Democrats versus 2 for Republicans. Your reported 2-1 actual count was in fact the rate of the use of the word per 25,000 words (1.7 to 0.7).

Another word that was also quite interesting both in number and context comparing across Democrates and Republicans was "Bush".

Cheers

Chris

Ah yes, but "compromise" doesn't sell votes. There is, especially in politics, a big difference between what people say and what they do. (e.g. Ryan's supposed Randian/Libertarian bent vs his voting record.)

A more telling investigation would be to look at each candidate's record for instances of compromise.

A surprising slip for the Old Prof, who routinely points out the folly in paying attention to narratives instead of realized outcomes.

Netbacker

We all know what happened after S&P downgraded us last year, don't we? Our "borrowing" costs went down!!! Do you know why?

This is from the Federal Reserve's website:

As the sole manufacturer of dollars, whose debt is denominated in dollars, the U.S. government can never become insolvent, i.e., unable to pay its bills. In this sense, the government is not dependent on credit markets to remain operational. Moreover, there will always be a market for U.S. government debt at home because the U.S. government has the only means of creating risk-free dollar-denominated assets (by virtue of never facing insolvency and paying interest rates over the inflation rate, e.g., TIPS—Treasury Inflation-Protected Securities). Together with the unusually high, but manageable, level of the current debt, these facts imply that the current U.S. government can wait out any short-term economic developments until long-run growth is restored. Further, without an immediate need to drastically reduce the debt, the mechanism between high debt and slow growth loses most of its credibility.
Source: http://www.stlouisfed.org/publications/re/articles/?id=2157

TK

Wow. More telling was who (or who didn't) use the word. Obama only used it once and Chris Christie was the only person to use it the entire RNC.

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