Category: Politics

  • Institutions in an Era of Mistrust

    This, from Josh Marshall at TPM, is very good. It’s not short and it involves thinking, so click the link with that in mind.

    I’m sure there are problems at FDA, NIH, CDC, the whole complex of food, medical and public health agencies. There’s no question that there’s a significant degree of agency capture when it comes to the national food supply, nutrition guidance and so forth. But that’s not going to be solved by a crank degenerate who claims COVID was created as part of a government plot

    The next couple of years will be very interesting…

  • Dr. Seuss for Department of Education

    Sure he’s dead, but he’s more qualified than Dr. Oz.

  • Pearls of Wisdom

    As an old-school guy, I follow several old school bloggers (and use RSS to do so). One that I’ve followed for ages is Kevin Drum. He is a left-center political writer who is super data focused. He wrote for Mother Jones for quite a while but has since retired and is just doing it on his own.

    As good bloggers do, there are personal tidbits thrown in, so we know about his cats, photography hobby and a long ongoing battle with multiple myeloma.

    Today he posted a “Pearls of Wisdom” post. 45 things he believes after 66 years. It’s a very interesting read, but these jumped out at me:

    28. The life expectancy of the affluent (top 10%) is about 89. The life expectancy of the poor (bottom 10%) is 77.

    Oof, 12 years.

    31. To the extent that environment affects children’s development, it’s mostly environment outside the home: playmates, teachers, shop clerks and so forth. Parents have a good deal less influence than they think. Needless to say, most people resist this conclusion strenuously, but consider: do immigrant kids grow up speaking with the accent of their parents or the accent of their friends? It’s always the accent of their friends.

    I believe this one, but as a parent it’s a hard one. But this is the one that boggles my mind.

    13. One out of seven people have no interior monologue.

    I have such a pronounced inner monologue, I can’t imagine not having one.

  • $DJT is Down?

    Given that Truth Social is a horrible business, I was under the impression that the Trump Media & Technology Group ($DJT) stock price was largely based on Trump’s influence overall. Many people viewed that stock price as a better prediction market for the election than the actual prediction markets.

    Trump won, he’s going to be president, which would seem to give him maximum influence. So what’s up with this?

  • J.P. Morgan Slams RFK Jr.

    Today I listened to the J.P. Morgan post-election take on the market. It was the usual dispassionate, well-reasoned discussion on what the next four years might bring. That is, until the very end.

    Michael Cembalest, the Chairman of Market and Investment Strategy, who had been presenting the entire time, went on a riff about how vaccines are the greatest achievement in the history of modern health and if RFK Jr. is in charge of anything health related, he’s retiring to an undisclosed location. He provided the following chart and reading list:

    RFK Jr bibliography:
    From Paul Offit at Children’s Hospital in Philadelphia: A Conversation with RFK Jr
    How RFK Jr. Falsely Denied His Connection to a Deadly Measles Outbreak in Samoa [MotherJones]
    RFK Jr. spent years stoking fear and mistrust of vaccines. These people were hurt by his work [AP News]
    The Anti-Vaccine Propaganda of Robert F. Kennedy, Jr [McGill University]
    Kennedy’s error-ridden piece on a vaccine-autism link [The Nation]

    Bravo, J.P. Morgan…

    Link to Eye on the Market

  • Painful

    This election really was a national referendum on Constitutional democracy, the U.S.-led international order, and the importance of acknowledging factual reality. It’s just that the American people voted against.

    I’ve generally avoided politics on this blog. I suspect that will have to change.

  • Don’t Be a Sucker

    US War Department film from 1947…

  • Hot

    Hot

    Kevin Drum has a simple, direct post today. Of course he has to put it in chart form:

    But this phrase summed it up for me:

    If you wish, you’re welcome to pretend this is just the normal variability of climate. Sometimes it’s hot, sometimes it’s cold.

    But that would make you an idiot.

  • Kentucky – Welfare State

    This chart is a bit crazy. There are 8 states that pay more in federal taxes than they receive back from the federal government. By and large, those aren’t the states complaining about high taxes. That obviously means 42 states are paying less than they receive, substantially less in many cases.

    This is per capita balance of payments. Orange to red are the states paying more than they get back. Gray to blue are the freeloaders. Each Kentucky resident gets over $14K more from the federal government than they contribute.

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