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James Pethokoukis:
The Latest From Inside McCain HQ - Capital Commerce (usnews.com): I just talked to one of my best Team McCain sources who told me that heading into today all the key battleground polls were moving hard and fast in their direction. The source, hardly a perma-optimist, thinks it will be a long night, but that McCain is going to win. So add this with the new Battleground poll (Obama +1.9 only) and the rising stock market...
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"I now know it is a rising, not a setting, sun" --Benjamin Franklin, 1787
J. Bradford DeLong, Professor of Economics at U.C Berkeley, a Research Associate of the NBER, a Visiting Scholar at the Federal Reserve Bank of San Francisco, and Chair of Berkeley's Political Economy major.
Among his best works are: "Is Increased Price Flexibility Stabilizing?" "Productivity Growth, Convergence, and Welfare," "Noise Trader Risk in Financial Markets," "Equipment Investment and Economic Growth," "Princes and Merchants: European City Growth Before the Industrial Revolution," "Why Does the Stock Market Fluctuate?" "Keynesianism, Pennsylvania-Avenue Style," "America's Peacetime Inflation: The 1970s," "American Fiscal Policy in the Shadow of the Great Depression," "Review of Robert Skidelsky (2000), John Maynard Keynes, volume 3, Fighting for Britain," "Between Meltdown and Moral Hazard: Clinton Administration International Monetary and Financial Policy," "Productivity Growth in the 2000s," "Asset Returns and Economic Growth."
The Eighteen-Year-Old is going to college next year, which means that I need to think about making more money. (The idea that one might write checks to rather than receive checks from universities is now strange to me.) So I have signed up with the Leigh Speakers' Bureau which also handles, among many others: Chris Anderson; Suzanne Berger; Michael Boskin; Kenneth Courtis; Clive Crook; Bill Emmott; Robert H. Frank; William Goetzmann; Douglas J. Holtz-Eakin; Paul Krugman; Bill McKibben; Paul Romer; Jeffrey Sachs; Robert Shiller;James Surowiecki; Martin Wolf; Adrian Wooldridge.
So add James Pethokoukis and his "best Team McCain source..." to the list of those requiring kool-aid detox. (shrug)
Posted by: RW | November 04, 2008 at 09:23 PM
"one of my best Team McCain sources"
Tells you a lot, eh?
Posted by: Ken Houghton | November 04, 2008 at 09:27 PM
Team McCain members are going to be furiously swimming upstream to some location where they can get one of those sit on your ass Fed Govt jobs.
Posted by: christofay | November 04, 2008 at 10:19 PM
You're going soft in the eurphoria of the moment, Brad.
That would usually earn an "Death Spiral" or "Crashed and Burned" headline.
Posted by: SvN | November 04, 2008 at 11:08 PM
I never read the Corner, but I just had to go over there this evening to watch the last flickers of hope die out. It's all there, preserved in amber. I know I shouldn't take pleasure from the pain of others, but this time I'll make an exception.
Posted by: Kuas | November 04, 2008 at 11:34 PM
That's why those in the know call it "Useless News & World Distort".
Posted by: Gwailo | November 05, 2008 at 12:49 AM
Talk about death spiral, USNWR is dumping its weekly print version and moving to online.
Who will rank our Universities? (another reason for them to cease).
http://www.mediaweek.com/mw/content_display/news/magazines-newspapers/e3i50e90e3361925e283e292222bf613b15
"Just months after announcing it would publish every other week instead of weekly while shifting emphasis to service journalism on the Web, the ad-challenged U.S. News & World Report is slashing its frequency yet again and going monthly, a source close to the news magazine confirmed.
A U.S. News rep would not confirm the change, which was reported earlier Nov. 4 by Folio and Mediabistro.com.
Another source close to the magazine said U.S. News announced to employees Nov. 4 that the magazine would be putting greater focus on the Web, with emphasis on such topics as education, health and news.
“I know they’re looking at everything,” the source said.
Newsweeklies have been hard hit, along with many magazines, by the current ad downturn; but separately, the category has long suffered from readers’ ongoing migration to the Web for news. So far this year, ad pages at U.S. News tumbled 30.5 percent, to 960, per the Mediaweek Monitor. (The title published 11 fewer issues so far this year versus the comparable year-ago period.)
U.S. News already scaled back dramatically once this year, whacking its rate base to 1.5 million from 2 million while chopping its frequency to 36 issues from 46 issues. At the same time, it has sought to carve out a niche by increasing its focus on service journalism, building on its “Best Colleges” rankings franchise."
Hallelujah.
Posted by: bakho | November 05, 2008 at 05:10 AM
Gee. Every bit as reality-grounded and useful as its ratings on the "Best" colleges in the country!
Posted by: Maynard Handley | November 05, 2008 at 03:02 PM
"Newsweeklies have been hard hit, along with many magazines, by the current ad downturn; but separately, the category has long suffered from readers’ ongoing migration to the Web for news."
As long as old media continue to cling to this delusion that the reason people are abandoning them is the MEDIUM (web vs paper) rather than the CONTENT (useful background analysis, calling out lies vs he said/she said crap and reprinting press releases), well, they'll continue their slide into irrelevance.
Posted by: Maynard Handley | November 05, 2008 at 03:05 PM