An angry exchange of words with China was most undiplomatic but entirely necessary. There’s been much hand-wringing by US establishment foreign policy commentators about the unseemly public spat between US Secretary of State Antony Blinken… Read More »China and the US Are Being Undiplomatic. Good!
We are in the era of mass delusions. Millions of Americans believe that antifa planned the January 6th attack. Thousands of day traders believe that Elon Musk is looking out for them. Millions of GOP voters swear to defend America’s “free markets”, though today this economic phenomenon can only be seen in museums. Good grief, a not insignificant number of people apparently buy SPAC IPOs! But there’s another mass delusion which no one is talking about. Many Americans apparently believe that the shareholders of US airlines must be bailed out in order to ensure that the industry is able (eventually) to support a strong US economic recovery. This is a lie. Yes, we need a viable airline industry to enable a strong and sustainable economic recovery. No, we don’t have to bribe airline CEOs and stock holders to achieve this. The fact that both Democrats and Republicans in Congress are equally deluded in their support for airline CEO bailouts (having approved ~ $60 billion and counting) makes this a bipartisan hallucination. Airline CEOs are pushing a big lie in order to rip off American taxpayers. Back in the day, Republicans called women with children who needed help, “welfare queens”. Well, what’s good for the goose is good for the gander. Airline CEOs who tell the big lie that keeping them in their jobs and keeping their companies out of bankruptcy is in the best interests of taxpayers are, truly, welfare queens of the coronavirus pandemic.
Dems got creamed in Florida so this means they better tack to the center, right? No. In 2020, nothing is clear, nothing is fixed, no lessons are straightforward. Exhibit #1: 60% of Floridians voted for… Read More »There Is Broad American Support for a Higher Minimum Wage
Modern Society Is Built on Common Understandings of What Is True, Based on Facts, Critical Thought, and Rational Debate. Trump Is Slowly Degrading This Foundation. There are innumerable reasons each of which independently of the… Read More »Why Lying Is Bad – and Why Trump’s Incessant Lying Is a Dire Threat to Civilization
Is Trump the Worst Businessman in American History? We don’t have enough data to answer that question but we have learned a great deal over the last two years, far more than was known… Read More »Is Trump the Worst Businessman in American History?
Long-Term Care: We’re All Going to Die and Private Insurance Won’t Save Us About one-quarter of all US coronavirus deaths have been nursing home residents. Baby boomers, that enormous post-war cohort, is beginning what will… Read More »Long-Term Care: Only for the Wealthy
The Wall Street Journal Editorial Board’s Portrayal of Trump’s Economic Track Record before Covid-19 is Fake News All the opinion polls show the same thing: the single issue on which Trump is perceived as better… Read More »Trump’s Pre-Covid Economic Miracle is a Myth
Steal from the Poor and Give to the VC founders In this NYT’s piece, Robinhood is revealed as a financial predator who steals from the poor to make their VC founders wealthy. Like all online… Read More »Robinhood Preys on the Poor