Friday, January 16, 2009

Kids give advice to Obama



From an NYTimes article. I liked this one best:
Dear Obama,

I have grown up with a very liberal mom and a very conservative dad. Thank you for bringing my parents somewhat closer together. :) You are my idol Mr. Barack — I am partly African-American and I am very happy to see an African-American leading this country.

— Olivia Roper-Caldbeck, age 12, Seattle


Tuesday, January 13, 2009

Who is better for the economy?

Interesting analysis for the Wall St. Journal, of all people. It looks like among the best presidents in terms of job growth (as measured by "payroll expansion"), the 3 best of them were Democrats (Clinton, Johnson, Truman). Reagan was the Republican who came in at #4. Well well well....


President Jobs created Jobs at end of term Jobs at start of term Payroll expansion Jobs created per year in office Population growth Percent change in population
George W. Bush 3.0 million 135.5 million 132.5 million 2.3% 375,000 22.0 million 7.7%
Bill Clinton 23.1 million 132.5 million 109.4 million 21.1% 2,900,000 25.2 million 8.9%
George H.W. Bush 2.5 million 109.4 million 106.9 million 2.3% 625,000 12.5 million 4.8%
Ronald Reagan 16.0 million 106.9 million 90.9 million 17.6% 2,000,000 17.3 million 7%
Jimmy Carter 10.5 million 90.9 million 80.4 million 13.1% 2,600,000 9.8 million 4.3%
Gerald Ford 1.8 million 80.4 million 78.6 million 2.3% 745,000 5.1 million 2.3%
Richard Nixon 9.4 million 78.6 million 69.2 million 13.6% 1,700,000 12.3 million 5.7%
Lyndon Johnson 11.9 million 69.2 million 57.3 million 20.8% 2,300,000 11.3 million 5.6%
John F. Kennedy 3.6 million 57.3 million 53.7 million 6.7% 1,200,000 8.2 million 4.3%
Dwight Eisenhower 3.5 million 53.7 million 50.2 million 7% 438,000 23.3 million 12.8%
Harry Truman 8.4 million 50.2 million 41.8 million 20.1% 1,100,000 N/A N/A

Get money from the government, in 27 minutes




MotherJones has a fun article up about how easy it is for financial firms to get TARP money. The application apparently takes 27 minutes.

To put it in perspective, here are five things that take longer than filling out the TARP application.
  1. Applying for Temporary Assistance for Needy Families (TANF): 4 hours.
  2. Watching Wall Street: 2 hours, 5 minutes.
  3. Making a tuna noodle casserole: 1 hour, 20 minutes.
  4. Applying for New York State unemployment insurance benefits: 30 minutes.
  5. Applying for food stamps in New Jersey: 30 minutes.