Blog on the Run: Reloaded

Friday, February 6, 2015 8:03 pm

Odds and ends for Feb. 6

Climate change: It’s a matter of national security.

Obama might be a socialist, but the country just completed its best three-month period of job growth in 17 years, bitchez. Still a long way to go — unemployment actually went up in January as more people resumed looking for work — but it’s definitely looking better.

Boko Haram is opening a branch office in neighboring Niger. Bloodshed and misery follow. World does little.

The annual silliness known as the National Prayer Breakfast was this week. And this year we got more proof, were more needed, about just how impossible it is for Americans conservatives to have an honest conversation about race.

NBC’s Brian Williams lied about being in a helicopter that got shot down in Iraq (which is a firing offense where I’m concerned), but did he also lie about seeing a body floating outside his New Orleans hotel after Hurricane Katrina? Quite possibly not.

Relatedly, why is it such a bad thing for Brian Williams to lie when Fox News personnel do it day-in and day-out, constantly? That’s neither a rhetorical question nor an exaggeration of the network’s mendacity.

Hey, anti-vaxxers? When Autism Speaks says you should vaccinate your kids, you’ve pretty much lost the vaccination argument.

I love it when they throw each other under the bus. This time, it’s Bibi and Boehner, who both deserve all the tire tracks.

One would think that maternal health would be a human right. Sadly, the U.S. has not gotten the word.

Yes, health insurance premiums have gone up an average of $4,154 under Obama — but that’s less than half as fast as they went up under Bush.

Is police reform impossible? Could be.

Gov. Scott Walker of Wisconsin tried to rewrite the Wisconsin Idea (the state university system should benefit the entire state), then got busted for it, then lied about it, then got busted for lying about it. Great start to your presidential campaign, there, goob.

If there’s no war on women, it ain’t for lack of trying.

Intuit’s TurboTax, though not hacked itself, may be being used by scammers to file fraudulently for tax refunds.

The Trans-Pacific Partnership might be the most dangerous, and depressing, trade agreement you’ve never heard of.

The oldest living survivor of the U.S.S. Arizona has died at age 100.

The movie “Fifty Shades of Grey” opened today. Theater operators requested that patrons not dress up, or down, for the showings.

This is how the apocalypse will begin.

Or this, as a single penguin holds the entire crew of a Coast Guard vessel hostage. I, for one, welcome our new spheniscidaean overlords.

Y’all have a good weekend.

Wednesday, November 14, 2012 6:56 pm

OK, if you don’t want to repeat after me, kids, repeat after Kevin Drum: There. Is. No. Fiscal. Cliff.

The former Calpundit and Political Animal econowonk, now with Mother Jones, explains it all for you:

Which part has the worst effect: the spending cuts or the tax increases?

That’s tricky! CBO estimates that the effect per dollar is greater for spending cuts than tax increases: roughly a dollar of GDP for every dollar of spending cuts versus about half a dollar of GDP per dollar of tax increases.

However, the absolute size of the tax increases is much larger than the absolute size of the spending cuts. Overall, CBO estimates that the spending cuts will reduce GDP by about 0.8 percentage points; the end of the payroll tax holiday will reduce GDP about 0.7 percent; and the expiration of the Bush tax cuts will reduce GDP by 1.4 percentage points.

But wait a second. There are two parts to the Bush tax cuts: the middle-class cuts and the cuts for the rich.

Right. And here’s the thing: CBO figures that letting the middle-class tax cuts expire would shrink GDP about 1.3 percentage points.

But that’s almost the entire effect of letting the Bush tax cuts expire.

Right. And everyone agrees we should extend the middle-class tax cuts. So if we did that, but let the tax cuts on the rich expire, it would have virtually no impact on growth.

So that would make a ton of sense. Are we going to do that?

Good question! Republicans are dead set against it, so it’s going to be a big fight.

What about the payroll tax holiday?

Everyone seems willing to let that end, so that’s not really very controversial.

Why is that? It has a pretty big effect.

Beats me. It would make a lot more sense to extend the payroll tax holiday than to extend the Bush tax cuts for the rich, but Republicans are opposed to the tax holiday and Democrats have already caved in on this. Mostly it’s because they’re worried that extending it would set a precedent for keeping payroll taxes lower forever, and that would hurt Social Security’s finances.

Conversely, Republicans care a lot about tax cuts for the rich. At the moment, they claim they’ll kill any deal to avoid the fiscal cliff unless they get to keep them.

Are they serious?

Yep.

There’s more, but that’s the gist. Having just been told by voters not to blow up the economy any more, the GOP is dead set on doing and the Dems are less than fully dead set on stopping them. Sigh.

There is some good news, though. President Obama has been asking the Republicans for $1.6 trillion over 10 years in tax increases ever since the Great Debt Ceiling Joke of 2011. He campaigned for a year on that very proposal. And on Nov. 6, he won by a — what’s that word, again? Oh, yeah, landslide. So, Mitch the Turtle and the Weeping Cheeto can just take that.

Oh, and Kevin also says, for the love of God, stop talking about raising the retirement age.

Thursday, April 26, 2012 7:11 pm

A journalistic milestone

Filed under: Journalism — Lex @ 7:11 pm
Tags: , , ,

Forbes.com catches House Speaker John Boehner in a lie — and says so in so many words.

Sure, the writer is a freelancer. But Forbes.com editors let that story go out.

I’ve long thought that news media ought to call liars liars more often.

The Rubric Theme. Blog at WordPress.com.

Follow

Get every new post delivered to your Inbox.

Join 3,222 other followers

%d bloggers like this: