Some Random Stuff – Midterms Edition

by robekulick

So with two midterms this Thursday and one  next Monday, I won’t get back to regular blogging until next week. But just a few things I wanted to put up:

1) According to Intrade, Rick Perry and Herman Cain now have similar chances of becoming the Republican nominee at 13.5% and 7.5%  http://www.intrade.com/v4/home/. It was even closer a few days ago. The flip side is the Romney is now above 66%.

2) Apparently peanut prices may soar: http://money.cnn.com/2011/10/14/markets/peanut_butter_prices/. This is very economically significant for me since I essentially live on peanut butter these days.

3) Larry Kotlikoff, an economic Professor at BU, one of the most eminent tax economists, and by no means a Tea Party type guy, wrote this article about Herman Cain’s 9-9-9 plan in the New York Times this week:

http://www.nytimes.com/roomfordebate/2011/10/13/whats-so-bad-about-a-flat-tax/cains-9-9-9-tax-plan-is-a-serious-proposal

He labels it a “Serious Proposal worth Studying.” I actually want to blog about this at more length, so I’ll just leave you with the link for now and pick up this thread next week.

 

 

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