Sunday, December 15, 2024
Tuesday, January 16, 2024
35 people who didn't get the memo braved -18F to vote for Chris Crispy Creme yesterday in Iowa, even though he had already dropped out
The 108k who turned out under those conditions are a legitimate index of the proportional enthusiasm which exists.
Vivek got fewer than 9k votes and promptly, and properly, dropped out.
Change my mind.
Wednesday, January 10, 2024
Friday, November 17, 2023
Sunday, September 10, 2023
Wednesday, September 6, 2023
Chris Christie credits Fed interest rate policy for denting government-spending-induced inflation but misses the role of collapsing energy prices
Chris Christie is a smart guy with many of the right ideas about government spending, taxes, inflation, energy, and the environment.
But it's a real stretch to think that the timid interest rate increases of the Fed are responsible for this year's so-far moderating inflation indicators when it's falling energy prices since the winter which deserve the real credit. Christie himself admits that outrageous government spending hasn't been curbed at all.
His is a simple binary view which, while conventional and correct as far as it goes, doesn't get to the heart of the current matter.
Low energy prices have always been and remain key to a successful economy, and it was the spike in natural gas cost inputs because of the Russia-Ukraine war which accelerated inflation globally, not just in the US.
Fed chair Jerome Powell was correct in June of 2021 to believe that inflation would be transitory for "weak supply" reasons, but the Fed rate increases didn't actually commence until the start of the war in Ukraine, which compounded those reasons with the cutoff of European natural gas supplies.
But since the winter the natural gas price is down 73% from peak, coal is down 70%, and gasoline is down too, but a comparatively modest 24%.
Americans consumed in 2022 the energy equivalent of 26.9 billion kWh/day of natural gas, 13 billion kWh/day of gasoline, and 7.9 billion kWh/day of coal.
Natural gas is twice as important as gasoline in the overall American energy picture, primarily for heating, and as a substitute for coal in electricity generation.
Natural gas produced 4.6 billion kWh/day of electricity in 2022, the top source of electricity, vs. coal at 2.3 billion kWh/day and nuclear at 2.1 billion kWh/day.
Chris Christie is right though. We must "uncap" US oil and gas production and be energy independent.
Europe's natural gas storage, by the way, is presently 93% full as the war in Ukraine drags on. They are ready.
The US used 88.5 billion cubic feet of natural gas per day in 2022. We presently have about 35 days in storage.
Crude oil consumption in 2022 was about 20.3 million barrels per day. The Strategic Petroleum Reserve is down to about 17 days of supply, from about 35 in 2011.
Watch CNBC’s full interview with GOP Presidential Candidate Chris Christie
Christie lets Fed off the hook for inflation, blames Trump and Biden for overspending
Thursday, August 24, 2023
Monday, July 3, 2023
Rival Republicans (and a Democrat gay mayor too busy babysitting to do his Biden job) LOL, polling 2.4% and too low to count
Florida Gov. Ron DeSantis was criticized Sunday by two rival Republican presidential candidates and Transportation Secretary Pete Buttigieg for a video taking aim at former President Trump's previous support for the LGBTQ community. ... former New Jersey Gov. Chris Christie ... former Rep. Will Hurd (R-Texas), who joined the Republican presidential primary race last month . . ..
Friday, January 4, 2019
Ann Coulter: The media are trying to convince Trump that if he abandons the wall, he’ll be a statesman . . .
Tuesday, November 7, 2017
The new governors of Virginia and New Jersey will be Democrats
Sunday, August 28, 2016
RNC fundraising in July 2016 is down 61% from July 2012: Donors exhausted about $750 million on 16 losers in the primaries
Wednesday, March 16, 2016
Florida's Rick Scott joins three other governors endorsing Trump
Saturday, February 27, 2016
Gov. Chris Christie's endorsement of Donald Trump pisses off fake conservative Jennifer Rubin, impresses Newt Gingrich
Sunday, February 21, 2016
In the South Carolina GOP primary the polling averaged a miss of 16.1% v 14.2% in New Hampshire
It looks like the polling in South Carolina for establishment candidates Bush and Kasich has been especially expressive of wishful thinking, since both have fallen far short of expectations.
It was bad enough that Bush has already dropped out, and rather ignominiously. A falloff in donations to Bush has been said to be an important reason why he decided to quit at this still early stage, which just goes to show what a spendthrift the richest guy in the campaign next to Trump has been. He would have been a bad president for government spending too.
Thursday, February 11, 2016
Emerson poll, touted as most accurate in Iowa by brain surgeons Limbaugh and Hannity, was 33% more inaccurate in New Hampshire than average
Republican New Hampshire Primary polling was off on average by 14%
Wednesday, February 10, 2016
Chris Christie dropped out of the race today, notably on friendly terms with Donald Trump
Tuesday, February 9, 2016
As usual Rush Limbaugh gets it wrong, this time on the Emerson poll in Iowa and in New Hampshire
Iowa polling |