Economic theory vs. economic reality Reaganism was the Grinch that stole Christmases for decades. The rich got the elevator and the rest got the shaft. The chart above from Forbes is illustrative (although out of date). George Packer reflects on several books on the era for The Atlantic. One, “Ours Was the Shining Future: The Story of the American Dream” by David Leonhardt of the New York Times I finished recently. It examines the economic and working class realignment away from Democrats since the early 1970s. Leonhardt notes the red-shift, and that Reaganism was part of it, but sees broader trends. A more technocractic turn among Democrats took their focus off the working class and neoliberal economics ascendant under Reagan undermined labor. Leonhardt “shows that the 1965 Immigration and Nationality Act, which liberal politicians sold as nondiscriminatory but still restrictive, opened the gates to mass immigration. The result put downward pressure on wages at the lower end of the economy.
Reading
Check out the lyric video for Murray Gold's "The Goblin Song" ahead of the Doctor Who Christmas Special, "The Church on Ruby Road."
A number of Israeli rape claims, including one coming from an alleged member of Israel’s unit 669, feature significant inconsistencies. Meanwhile, the main source for a BBC report on October 7 mass rapes was none other than May Golan, infamous for leading an anti-black rally in Tel Aviv, screaming, “I am proud to be a racist.”
The post Did Hamas Carry Out Mass Rapes On October 7? appeared first on MintPress News.
Cut my hair too short
Start trimming my ear hair
Force me to have an opinion on the ’86 Mets to avoid a lull in the conversation
Cut my hair longer somehow
Start using a product I don’t recognize
Start using a product I do recognize: Kikkoman Soy Sauce
Start talking about me on their cell phone
Start talking about me on my cell phone
Say, “I wonder if I’m ambidextrous”
Shave part of my head
Wax part of my head
Wax my whole body
Tell me my hair is “brittle”
Say, “Whoopsie daisy”
Call over the barbers to snap pictures of something on the back of my head
Say, “Be right back,” and then go on vacation
Tell me my hair is “sleepy”
Start sneaking sips of that blue liquid he keeps his combs in
Steal my wallet
Steal my wife
Tell me he’s going to give me the “Van Gogh”
Say, “Wow, that’s a lot of blood”
Insist I had only one ear when I came in
Cut up a line of dry shampoo and ask if I “party”
Ask for a tip after each snip
Sneeze on the back of my head
Get upset when I don’t say, “Bless you”
In today's BCTV Daily Dispatch: Doctor Who, Rick and Morty, Saturday Night Live, Red Dwarf, Conan O'Brien, X-Men '97, Ahsoka, and more!
In the run-up to the 1992 General Election, the BBC filmed a documentary following the trials and tribulations of bus drivers at one of London’s largest bus garages, Westbourne Park in Notting Hill. Drivers were incensed by Tory proposals to privatise London’s buses. George Rhoden, an official of the Transport and General Workers Union, the […]
What the Government seems to have overlooked is that the European Convention on Human Rights isn’t merely referenced in the Good Friday Agreement – it’s threaded throughout it, writes Emma deSouza
“I think the whole thing is thoroughly broken at this point" a focus group participant said
- by Aeon Video
- by Madison McLoughlin
“Being a contractor is lit.”
The post TikTok Influencer Recruiting for Secret U.S. Bases in Israel appeared first on The Intercept.
- by Lili Yu, Sixin Liao, Jan-Louis Kruger & Erik D Reichle
Benjamin Zephaniah’s passing last week has rightly touched a lot of people. There are those of us who fell in love with his poetry and its beautiful delivery. There’s those of us who heard him talk about inequality and injustice articulated in a way they couldn’t find the words for themselves. Then there’s those of […]
The National Education Association’s benefits arm is pushing high-fee, poorly performing retirement plans run by a firm accused of fraud and mismanagement.
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After publication, India put out a preposterous statement denying the story. The post Our Bombshell on India’s Assassination Program — and the Story Behind the Green New Deal appeared first on The Intercept. Doctor Who star Ncuti Gatwa shared the text exchange that would eventually lead him to the Fifteenth Doctor - and he also wanted Willy Wonka.
None. None at all. I realize it’s cheap and easy to make fun of Trump and that’s not what I’m trying to do here. I just think it’s vitally important that people are reminded of what he really is and how his mental faculties are going. Everyone has a slip now and again. I do too. And I know he’s always loved to sing his greatest hits. But that’s not what these are. They’re takes on these scandals and events from the past as if they’re fresh. And he literally makes no sense at times, like the clip below when he says he wants to build a wall on Day One and literally in same breath says he already built it. Also, he is dumb as a post. The following aren’t examples of decline. He’s always been this stupid:
This is more that just the usual, tiresome “I know you are but what am I” nonsense. He’s right about Bannon, Giuliani and Trump but not because Joe Biden is threatening to put them behind bars if he’s re-elected (like someone else we know is doing.) It’s because all of them are under indictment. Unless he knows something we don’t, Gaetz was actually let off the hook by the DOJ for his predatory behavior with drugs and underage girls. But yes, these people are accused criminals and they are going to trial and if they are found guilty they could go to jail. That’s how the Law and Order Party believes it should be for anyone but their crooked leaders.
We provide new evidence on the effect of monetary policy on investment in Australia using firm-level data. We find that contractionary monetary policy makes firms less likely to invest and lowers the amount they invest if they do so. The effects are similar for young and old firms, indicating that the decline in the number of young firms in Australia over time is unlikely to have weakened the effect of monetary policy. The effects are also broadly similar for smaller and larger firms. This suggests that evidence that some, particularly large, firms have sticky hurdle rates does not mean that they do not respond to monetary policy. It also suggests that overseas findings that expansionary monetary policy lessens competition by supporting the largest firms likely do not apply to Australia. We find evidence that financially constrained firms, and sectors that are more dependent on external finance, are more responsive to monetary policy, highlighting the important role of cash flow and financing constraints in the transmission of monetary policy.
As the 24th EU-China Summit concluded on Thursday, it is natural to want to look behind the declarations and official speeches to identify the deeper forces shaping the European Union’s relationship with China and its policies toward China. But to understand the nature of these forces, it is crucial to go back to the very […] The post Why Europe is not free to relate to China – China Daily op-ed appeared first on Yanis Varoufakis. |
