In response to:

Year in Review: The Political Highs and Lows of 2012

AmericanLiberal Wrote: Jan 01, 2013 12:02 PM
Earl:***What do you mean when you say accounted for?*** There are costs, whether they are pushed away by a family or a company or whether they are rationalized in one manner or another. When we do not have universal health care, the cost is the squalor of people dying in the streets, or alternatively, the huge expense of treating people in the Emergency Room etc. When companies are allowed to pollute excessively, it spills into costs absorbed by the broader community. When investors buy shares in companies that fail, but are protected from the liabilities of those companies, those liabilities are absorbed by others. Your model has all kinds of free-riders, and not simply the folks collecting food stamps. You just see the food..
AmericanLiberal Wrote: Jan 01, 2013 12:02 PM
..stamp people, but that is because you are economically illiterate.

Suddenly, 2013 is upon us.  New year, similar issues, familiar players.  But before we set our sights on the battles and controversies to come, let's cast our gaze backwards to the year that was.  2012 promised to be a politically consequential year, and it lived up to its billing, albeit with generally disappointing outcomes from a conservative perspective.  The following is my personal take on the most significant political peaks and valleys from the past calendar year.  Let's begin with the good stuff:

(3) Mitt Romney selects Paul Ryan as his running mate. Many conservatives viewed Mitt Romney's presidential...