2:00PM Water Cooler 4/29/2020
Today’s Water Cooler: “Nearly half of the Q1 decline in GDP can be attributed to healthcare, which is presumably delaying of elective procedures.” Can this be true?
Read more...Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the prime example, but tuition-free college and a Post Office Bank also fall under this heading. So do a Jobs Guarantee and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can deliver on such programs, because the two are different flavors of neoliberalism (“Because markets”). I don’t much care about the “ism” that delivers the benefits, although whichever one does have to put common humanity first, as opposed to markets. Could be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t much care, as long as the benefits are delivered. To me, the key issue — and this is why Medicare for All is always first with me — is the tens of thousands of excess “deaths from despair,” as described by the Case-Deaton study, and other recent studies. That enormous body count makes Medicare for All, at the very least, a moral and strategic imperative. And that level of suffering and organic damage makes the concerns of identity politics — even the worthy fight to help the refugees Bush, Obama, and Clinton’s wars created — bright shiny objects by comparison. Hence my frustration with the news flow — currently in my view the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the other by out-of-power liberals and their allies in the State and in the press — a news flow that constantly forces me to focus on matters that I regard as of secondary importance to the excess deaths. What kind of political economy is it that halts or even reverses the increases in life expectancy that civilized societies have achieved? I am also very hopeful that the continuing destruction of both party establishments will open the space for voices supporting programs similar to those I have listed; let’s call such voices “the left.” Volatility creates opportunity, especially if the Democrat establishment, which puts markets first and opposes all such programs, isn’t allowed to get back into the saddle. Eyes on the prize! I love the tactical level, and secretly love even the horse race, since I’ve been blogging about it daily for fourteen years, but everything I write has this perspective at the back of it.
Today’s Water Cooler: “Nearly half of the Q1 decline in GDP can be attributed to healthcare, which is presumably delaying of elective procedures.” Can this be true?
Read more...Today’s Water Cooler:
Read more...Pandemics and TINA.
Read more...I don’t feel like writing a post summary today, so I won’t. Take that, Google.
Read more...One of the areas in which we are least prepared for the many complex challenges surrounding us is in our relationship to food.
Read more...Lambert here: This is the strongest statement of what I might call “the drawing distinctions thesis” I have seen, here distinguishing Sanders from Warren (as opposed to from Biden, as proposed by Sirota). Looking at the concrete proposals, I think that “3) The Obama years must be discredited” (as often proposed by Stoller) would be […]
Read more...The Small Business Administration’s Payroll Protection Program has been a mess
Read more...Today’s Water Cooler: #COVID19 stats, Biden (fundrasing, #MeToo, Larry Summers), Nina Turner on idpol, Trump (undecided voters, presser and analysis of subsequent hysteria), AOC, Milwaukee convention, food shortages, rail, medical goods, scooters, Zoom, nationalizing Big Oil, Finnish baby box
Read more...Today’s Water Cooler: #COVID19 data, Allan Lichtman’s keys, Biden (veepstakes, SuperPACs), Sanders (Post Office, NY ballot), Trump (#COVID19), Jeffrey Sachs on failed states, unemployment, toilet paper, AirBnB, Apple, supply chain, hydroxychloroquine, video game coaching, Ellen, Juggalos
Read more...Today’s Water Cooler: #COVID19 cases, Biden messaging, Biden digital imbroglio, Cuomo, Sanders post mortem, Democrat strategic genius, supertankers, Tyson, OnlyFans, retail, container traffic, wildlife returns to cities, climate scenarios, the Anti-Mask League of 1919, back row kids, fascist economics
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