NEW RULES, OLD SCHOOL…I haven’t read Third Way’s “New Rules” report yet, so I don’t have any substantive opinion about its proposals. However, I highly recommend Mark Schmitt’s take on it just out of admiration for his mastery of the fine art of evisceration. There’s not much left standing after he’s through.

UPDATE: Then there’s Tyler Cowen’s amusing take:

The neat trick is that the authors invert the usual right- vs. left-wing take on living standards: “Yes, living standards are way up, that means we have lots of money to spend on creative social programs.” It will make some people want to say “Whoa….living standards aren’t up that much…”