Professor Mark J. Perry's Blog for Economics and Finance
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Are you hoping to displace Greg "Neo-Keynesian" Mankiw as Romney's economics advisor?
The graph shows about 10% but is labeled 19.1%.
Thanks Tom, it's corrected now.
So, looking at the other odds there, Romney has a 70% chance of being beaten by Obama 47-34 in the election.
There was a bunch of what appeared to be 18 year old smelly hippie beauty-school dropout girls at the "Occupy Seattle" occupation yesterday who were screaming at me with their "Ron Paul 2012" signs. They convinced me. Ron Paul 2012!! :pThere's something to be said when you are "endorsed" by lefty human trash. Thats when you know you've made it to the big leagues.
I wonder who will be the next GOP love-fixation of the week? And when Romney lets the Christian Right know that the Book of Mormon is divine, and repairs mistakes Christians are making, I wonder how that will play?Maybe the GOP can exhume Spiro Agnew and run him instead.
InTrade odds are also showing a 45% chance of a double dip recession.
Rich "monstrous lie/ponzi scheme" Perry.. tanks?WTF?
Eric H - that is NOT what Intrade shows about Romney beating Obama. Obama is now at 46 percent chance of being reelected so Romney would beat him according to Intrade.Also a recession in 2012 would NOT be a double dip - we've had 2+ years of recovery
I wonder who will be the next GOP love-fixation of the week~Benji, who goes from supporting Donald Trump, Ron Paul, Mitt Romney,and Paul Ryan on a seemingly weekly basis. But they're all just rebound crushes, his true love is whispering Hopeandchange into his ear again.
Larry,"Rich "monstrous lie/ponzi scheme" Perry.. tanks?WTF?"The ponzi scheme statements are not why he tanked. Cain is rising even as he endorses the Chilean model.
AIG,"There's something to be said when you are "endorsed" by lefty human trash. Thats when you know you've made it to the big leagues."Yeah, I agree. Those "End the Fed" signs are mixed in with the marijuana smoke, body odor, and Marxist literature.
" The ponzi scheme statements are not why he tanked. Cain is rising even as he endorses the Chilean model. "I don't recall Cain saying that in any of the debates... has he?
Paul-My favorite and true patriot is Ron Paul, and he would whack parasitic federal spending, including Defense. But he is fading. So I go with Romney.The fact that I did not vote for a warmonger like John McCain does not mean I live Obama. It only means I will not vote for warmongers.How do you think the Christian Right will take to John Smith's man in the race, Romney? Could Christian bolt and vote for the very Christian Obama? )or do you think he is secretly a Muslim socialist from Yemen?
but how can anyone vote for a guy who has a cult religion and refuses to call SS a ponzi scheme?WTF?
PFCT, Well maybe you can explain the Intrade odds that claim Romney has only a 34% chance of being elected president, but somehow beats Obama who has a 47% chance of being elected president. Or using your argument, who is the guy that has a 66% chance of beating Romney?
Romney is more in tune with the entirety of the US, Cain just wants to shove the South down everyone's throats.
yeah.. but if Romney runs against Obama... will the Southern Christians stay home and the Southern blacks mob the precincts?sounds like a perfect southern strategy for the GOP, eh?
Benji,"The fact that I did not vote for a warmonger like John McCain does not mean I live Obama. It only means I will not vote for warmongers."Right. You voted for the guy who invaded Libya. "So I go with Romney."Last I checked, Romney supported the war in Afghanistan and Iraq.You don't fool anyone by denying you were caught up in all that embarrassing Hopeandchange bullshit.
Larry,"I don't recall Cain saying that in any of the debates... has he?"Yeah.
Paul-You must have confused with someone else.It is regrettable that so many US leaders buy into the need for $1 trillion a year in parasitic-coprolite defense spending and occupations, including Obama (Afghanie and LIbya) and Romney.However, would either Romney or Obama instigate and champion long-term expensive occupations?I think not. If LIbya was "Obama's War," we got out cheaply enough. I guess that is the way to do it--back some locals, but do not introduce troops, ala Iraq. That only cost us $2 trillion, thanks to that warmonger Bush jr. Iraqistan was a $4 trillion folly, largely by GOP (Grifters on Parade) who wanted to line their own pockets and bray about patriotism and terrorism. I was not going to vote for that party again.
Eric - You're apparently not very bright. Obviously, Romney hasn't yet won the nomination which is why his odds of winning the Presidency are below Obama's.
Benji,"You must have confused with someone else."No, you're the flighty nitwit who fell under a spell in 2008. You're exactly the mindless type to jump on such a cult-of-personality, banana republic style campaign like Obama's in 2008. "However, would either Romney or Obama instigate and champion long-term expensive occupations?"Obama did champion the Afghanistan campaign. He repeatedly savaged George Bush for not concentrating enough on the Afghan war. You must have missed that while falling in love with Jeremiah Wright's protege, and while looking down your nose at Sarah Palin, as the media told you to do. "Iraqistan was a $4 trillion folly, largely by GOP (Grifters on Parade) who wanted to line their own pockets and bray about patriotism and terrorism."Again with your made up numbers. You come here pulling these things out of your ass, someone disproves you, and you disappear. Rinse. Repeat.
Maybe I'm not bright, but you are the one that said "Romney would beat him according to Intrade." I just asked you to explain that. You replied with "...his odds of winning the Presidency are below Obama's." I guess it isn't as obvious as you thought.
I didn't think I'd watch any more debates after the single foxnews debate I watched but I got sucked in again, so I watched an archived video on youtube later last night, because apparently Bloomberg/WaPo are too incompetent to put up the video after the debate. Again I came away thinking it's going to come down to a Mormon, either Romney or Huntsman. The other nominees are mostly pretty good, but the two Mormons come across as the quickest and most able to fight it out in a debate, must be something in the water down there. ;) Huntsman lapsed into platitudes far too often last night, particularly for a guy polling far behind right now, but Romney again says anything he thinks people want to hear. He keeps saying he'll cut spending, then promising he won't cut SS, Medicare, or defense: you can't do both those things. I think the GOP's best hope is Huntsman, but Mark may need to stop doing these Romney vs Perry matchups, as the latest WSJ poll has Cain as the front-runner. :)
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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