Mitt Romney has decided that light bulbs represent liberalism's soft underbelly. Actually, they don't. The replacement of incandescent light bulbs with more energy-efficient alternatives is at best a minor inconvenience. (My only complaint is that I can't yet find any three-way light bulbs at my supermarket, though apparently three-way CFLs do exist and can be purchased on Amazon.) And as multiple sources have pointed out, Romney is quite wrong to blame this on "Obama's regulators" because the law mandating the change was signed into law by President George W.
What’s the surest sign that the economic crisis is finally lifting and normalcy is in sight? We’re back to arguing about how the middle class is doing over the long sweep of history since the 1980s: Have they been dragged down by stagnating wages, high-end inequality, economic insecurity, and a greater chance that economic mobility will take them downward than up? Or is the middle class doing OK? This debate had been in hibernation for the last three years, while everyone except the top 1 percent took a beating.
-- More on Michele Bachmann's favorite theologian. -- Jonathan Cohn on the most recent health care court decision. -- Tyler Cowen takes a look at the two potential Fed nominees. And an overview from Dylan Matthews. -- Felix Salmon: buy stocks! I'm going to be away on Monday and Tuesday. But fear not, dear readers, there will be a crack gang of guest bloggers to see you through the beginning of the week.
David Brooks predicts what will happen after the Affordable Care Act melts down: When the crisis comes, Democrats will face an interesting choice — to patch the Obama system or try to replace it with something bigger. The administration may want a patch, but by a ratio of nearly 2 to 1, according to a CNN poll, Democratic voters would prefer a more ambitious law.
-- My latest TRB column: does the GOP want the economy to fail? -- Kevin Drum vs. Tyler Cowen on income inequality -- How Chris Christie is like the Pepsi Challenge
My wife has never forgiven me for failing to come up with a romantic way to propose to her.
Research: Those in positions of power are more likely to cheat. Tyler Cowen: Maybe Fed isn't targeting inflation because it would hurt bank recovery. Charts of the day: Some financial indicators return to pre-crisis levels. Felix Salmon: Why banks will be fine if we cap credit card rates. How much did the Tiger Woods scandal cost his endorsers?