2:00PM Water Cooler 2/25/2020
Today’s Water Cooler:
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:
Read more...Today’s Water Cooler:
Read more...By Lambert Strether of Corrente. Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had one weapon left and both knew it: treachery.” –Frank Herbert, Dune Key dates coming fast now, so I added some counters: Here is a second counter for the Nevada […]
Read more...Today’s Water Cooler: SC and FL polling, Bloomberg, Sanders, Warren, NV, debate hot takes, impeachment, AOC, employment, leading indicators, manufacturing, virtual meetings, fecal matter in TX and NC, Medicaid, economic statistics, homelessness, Internet of Sh*t
Read more...Candidates! Candidates! Candidates! ★★★ Six candidates on one stage! ★★★ Come on down!
Read more...Bad bets by individuals, the state, and globalizing elites
Read more...Today’s Water Cooler: New polls, Bloomberg, Sanders, NV caucus, SC, IA recount, Obama and torture, producer prices, household spending, China containers, Smile DIrect, Blue Apron, Groupon, millennials and the Fed, societal collapse books, wood skyscrapers, hedgies, consciousness, Trillbillies
Read more...The increase in costs was driven in large part due to private insurers’ growing role in administering publicly-funded Medicare and Medicaid programs. More than 50% of private insurers’ revenue comes from Medicare and Medicaid recipients
Read more...Today’s Water Cooler: Biden, Bloomberg, Buttigieg, Sanders, Warrren, NV early voting, Empire State manufacturing, mortages, shipping and COVID-19, supply chain, Galazy Z not glass?, electric bacteria, dental, “Reagan National University,” KickStarter union, Civil War podcast, Mediterranean diet
Read more...How locusts swarm, create food insecurity, and how climate change means more swarms, absent state intervention.
Read more...By Lambert Strether of Corrente. Patient readers, Mac is turning into Windows. I foolishly let my battery run out, and so had to reboot. When I did, my mouse did not work for some reason. Hence, when Apple put up a dialog asking me whether I wanted to upgrade or not, I tabbed to the […]
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