William Katz:  Urgent Agenda

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SHORT TAKES ON THE DRIFTING WRECKAGE – AT 9:04 P.M. ET: 

CHAOS – We live in a dense shopping area, with lots of department stores and major retail outlets.  Many of them have decided to open tonight, to get a jump on Black Friday.  However, I just did my highly scientific economics check, which begins by looking out the window onto a main thoroughfare, and can report that traffic is still extremely light.  Maybe most people have decided to have a full holiday, and start their shopping tomorrow.  As a traditionalist, I think that's good.  Tomorrow will be bedlam.

OUTRAGE – Even Thanksgiving can't bring relief from the outrageous behavior of some politicos.  We now learn that Jesse Jackson Jr's resignation from the House could cost Illinois taxpayers as much as $5.1-million.  Replacing Jackson will require two special elections, one a primary, one a general election.  Had Jackson resigned before the recent election, and allowed someone else to be the nominee, a new election would not be necessary.  I wonder how many scholarships or medical operations $5.1-million would pay for.  Maybe if Illinois sent Jackson the bill, we'd find out.  But in Illinois, these outrages are routine.

OBAMACARE STRIKES – Pennsylvania's Community College of Allegheny County is slashing the hours of 400 adjunct instructors and support staff to avoid paying for Obamacare.  The college doesn't have the funds to pay for Obamacare, and, by slashing hours, its payroll will fall below the level where participation in the program is required.  Another great contribution of the Obamans.  As one teacher said, slashing hours means less income with which to buy his own health insurance.  Did anyone in the administration think of stuff like this?

November 22, 2012