Brad DeLong has charts: Democrats are better for the economy

[ProSense]

James Bradford DeLong...is a professor of economics at the University of California, Berkeley and a former Deputy Assistant Secretary of the United States Department of the Treasury in the Clinton Administration. He is also a research associate of the National Bureau of Economic Research, and is a visiting scholar at the Federal Reserve Bank of San Francisco.<1>

From his website, September 23, 2008

Comic Relief: John McCain: Deficit Super-Hawk:




Democrats Are Better Republicans than Republicans Are:








Democrats Are Better Democrats than Republicans Are:








The Magnitude of the Financial Crisis:
(DeLong's final chart annotated by Matthew Yglesias)

This is why the right response to a Bush/Paulson decision that we have to “do something” would probably be to take their specific proposal, light it on fire, and then call up some people who hadn’t spent the past 12 months ignoring festering problems and ask them to help you write a proposal.

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[ProSense]

1. No comments?

It really would be good to see who rates a thread titled "Democrats are good for the economy" as disruptive.

[ProSense]

2. This is hilarious

UPDATE: No Stanford SIEPR Associates Obama vs. McCain Debate Tonight...

As I understand it, originally Douglas Holtz-Eakin was supposed to debate Austan Goolsbee. Then Doug dropped out (I am not sure whether the statement that he had to go brief Sarah Palin was a joke or not). Kevin Hassett replaced him. Then Austan dropped out. And I replaced Austan.

Then Kevin said that he wouldn't come out of his hotel room if I were in the building.

I think this is a substantial mistake on Kevin's part.

(A) The topic is not his 1999 book Dow 36000: The New Strategy for Profiting from the Coming Rise in the Stock Market. The topic is Obama vs. McCain in the presidential election.

(B) Even if the topic were his 1999 book Dow 36000: The New Strategy for Profiting from the Coming Rise in the Stock Market, every time he hides from critics he does himself damage. If he still thinks that his late-1999 forecast that the Dow was about to triple in the next three-to-five years, he should defend it as the best forecast that could have been made at the time--and tell us why it did not come true. If he thinks that his late-1999 forecast that the Dow was about to triple in the next three-to-five years was not a good forecast then, he should recant. But hiding is never good.

And now that the issue is on the table again...

To be brief, the problems with Dow 36000: The New Strategy for Profiting from the Coming Rise in the Stock Market were:

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This does have a bearing on the presidential election. John McCain is holding himself out as the scourge of Wall Street. He is doing so while standing beside Ms. Carly "Golden Parachute" Fiorina and while sending out Mr. Kevin "Bubbles" Hassett as an advisor-surrogate. Something is wrong with this picture.

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[ProSense]

3. Bush's lips are moving. n/t