I was on Stossel's State of the Union special last night, so I watched the speech in the company of David Boaz, Matt Welch, and Governor Gary Johnson. I had a lot to say about it on television, which you can watch here.
I thought the speech was better-written and better-delivered than many of the critics I read this morning; it had a lot of good applause lines (along with, yes, the groaner about spilled milk), and the president is stylistically a very good speaker.
But I also thought that, three years in, I'd like to see a little more from his speeches than base-pleasing applause lines and pleasing delivery. The content of the speech was sorely disappointing.
The harsh way to put it is that the speech was an extended whine about how all the rich bankers and George Bush have screwed everything up. That was fine campaign rhetoric when he was a Senator. But it's pretty weak when he's been in charge for most of a full term--two years of that with a majority in congress.
Of course, one can argue--correctly--that Obama actually doesn't have the power to fix the economy; the recession was deeper than he thought it would be. I'm entirely sympathetic to this argument except for one thing, which is that Barack Obama got himself elected by claiming that "the Republicans have driven the economy into a ditch" and he could drive it out again. It doesn't seem unfair to judge him on his failure to actually deliver what he promised:
Lauer: "At some point will you say, `Wait a minute. We've spent this amount of money, we're not seeing the results. We've got to change course dramatically.' "
Obama: "Yeah, look, I'm at the start of my administration. One nice thing about the situation I find myself in is that I will be held accountable. You know, I've got four years and...
Lauer: "You're going to know quickly how people feel about what's happened."
Obama: "That's exactly right. And you know, a year from now I think people are going to see that we're starting to make some progress. But there's still going to be some pain out there. If I don't have this done in three years, then there's going to be a one-term proposition."
If Obama didn't want to be judged on the basis of the economy's performance, he shouldn't have let his mouth write checks that he couldn't cash. If it turned out to maybe be a little harder to steer the economy where you want it than he thought it was, then maybe he should lay off claiming that the Republicans drove the thing into a ditch.
But he hasn't. Instead he's complaining that the GOP won't let him steer--pretty rich considering that he started out with a 60-seat majority in Congress, and chose to ignore the economy in favor of passing a health care bill that has gotten even less popular since we passed it to find out what was in it.
That's the harsh version. The slightly kinder version is that Obama, stymied by an economy that's still pretty weak, and an opposition that has no more interest in cooperating with him than Republicans did with Hoover, has turned to a laundry list of weak proposals that sound pleasing to interest groups, but wouldn't achieve much. Of those, the best was allowing students who study here to stay here; the stupidest was probably adding yet another investigation of bank fraud (what have you been doing for the last three years, Mr. President?) And the worst was the bizarre proposal for states to force students to stay in school until graduation or the age of 18. Beyond the obvious enforcement questions, by the time people drop out of high school, they're normally already badly lagging their classmates, with low grades and test scores, and high rates of truancy. Commanding them to physically stay in the building for another two years is not going to fix those problems; presumably, it's a sop to any teachers he pissed off by proposing that we might fire those whose students aren't learning.
There's no real common thread holding all of these proposals together except what you might call "nostalgianomics".
Think about the America within our reach: a country that leads the world in educating its people; an America that attracts a new generation of high-tech manufacturing and high-paying jobs; a future where we're in control of our own energy; and our security and prosperity aren't so tied to unstable parts of the world. An economy built to last, where hard work pays off and responsibility is rewarded.
We can do this. I know we can, because we've done it before. At the end of World War II, when another generation of heroes returned home from combat, they built the strongest economy and middle class the world has ever known.
What a strange thing to say. "We know how to do this?" Do what? Have World War III?
Surely Obama's economic advisors have not told him that they know how to replicate the growth of the 1950s--and if they did, surely the last three years have given the lie to this belief.
I think the speech made it even clearer that other speeches have that the president's vision of the world is a lightly updated 1950s technocracy without the social conservatism, and with solar panels instead of rocket ships. Government and labor and business working in tightly controlled concert, with nice people like Obama at the reins--all the inventions coming out of massive government or corporate labs, and all the resulting products built by a heavily unionized workforce that knows no worry about the future.
There are obviously a lot of problems with this vision. The first is that this is not what the fifties and sixties were actually like--the government and corporate labs sat on a lot of inventions until upstart companies developed them, and the union goodies that we now think of as typical were actually won pretty late in the game (the contracts that eventually killed GM were written in the early 1970s).
And to the extent that the fifties and sixties were actually like this, we should remember, as Max Boot points out, that this was not actually the day of the little guy. Big institutions actually had a great deal more power than they do now; it was just distributed somewhat differently--you had to worry less about big developers slapping a high-rise next to your single-family neighborhood, and a whole lot more about Robert Moses deciding he wanted to run a freeway through the spot where your house happened to be.
The military model of society--employed by both Obama, and a whole lot of 1950s good government types--was actually a kind of creepy way to live. As Boot says, "America today is far more individualistic and far more meritocratic with far less tolerance for rank prejudice and far less willingness to blindly follow the orders of rigid bureaucracies." If you want the 1950s except without the rigid conformity and the McCarthyism, then you fundamentally misunderstand what made the 1950s tick.
Finally, there's the fact that the 1950s ended in the 1970s. In the 1950s, American products were envied all over the world; by 1980, they were a joke. This is not some radical disconnect; it is the beginning and end of the same process. The technocratic American institutions became sclerotic agents of inertia. Bosses whose pay was capped poured their energy into building personal empires instead of personal fortunes. Unions like the UAW began making demands on their companies so heavy that even the UAW president who had negotiated these amazing pay increases began to fear that his members had lost their minds.
As David Boaz said last night, Obama's talk of blueprints was telling. A blueprint is a simple plan that an architect imposes on an inanimate object. Obama really does seem to think that he can manage the economy in the same way. No, I don't think that he is a socialist. Rather, I think that he really believes there are technocratic levers that can make the income distribution flatter, the rate of innovation faster, and the banking system safer, without undesireable side effects.
The problem with all nostalgia isn't even that it's necessarily wrong--by many standards, the 1950s was a great time to live. Rather, the problem is that it almost always wants to turn a transient moment into a steady state--or worse, only "the good parts" of those transient moments.
I had hoped that the last three years had taught Obama the limits of this sort of thinking. But if they have, he certainly hasn't chosen to share that hard-won knowledge with the rest of us.
“I hope that my story will help you understand the methods of Russian operatives in Washington and how they use U.S. enablers to achieve major foreign policy goals without disclosing those interests,” Browder writes.
The financier Bill Browder has emerged as an unlikely central player in the ongoing investigation of Russian interference in the 2016 elections. Sergei Magnitsky, an attorney Browder hired to investigate official corruption, died in Russian custody in 2009. Congress subsequently imposed sanctions on the officials it held responsible for his death, passing the Magnitsky Act in 2012. Russian President Vladimir Putin’s government retaliated, among other ways, by suspending American adoptions of Russian children.
Natalia Veselnitskaya, the Russian lawyer who secured a meeting with Donald Trump Jr., Jared Kushner, and Paul Manafort, was engaged in a campaign for the repeal of the Magnitsky Act, and raised the subject of adoptions in that meeting. That’s put the spotlight back on Browder’s long campaign for Kremlin accountability, and against corruption—a campaign whose success has irritated Putin and those around him.
The vote he cast, more than the speech he gave, will help define his legacy.
The effort to repeal Barack Obama’s health-care bill is not over, and neither presumably is the public career of John McCain. But each crossed an important threshold yesterday, and Senator McCain gave us a clearer idea of who he is and what he stands for.
The repeal effort isn’t over, because debate and further voting is now under way to determine whether the bill will pass and, more basically, to define what it would actually do. McCain will have more votes to cast, on this measure and others, and it’s possible that in the end he will turn against this bill because of its provisions (whatever they turn out to be) or because of the rushed and secretive process that led to it. Just this afternoon, McCain voted No on a “straight repeal” bill that would eliminate Obamacare without any replacement.
A ride malfunction caused multiple passengers to be ejected around 20 to 30 feet in the air.
A ride malfunction at the state fair in Columbus, Ohio resulted in the death of at least one passenger on Wednesday. Locals officials report that at least seven others were wounded, with five of them in critical condition and two others expected to recover. The incident occurred at around 7:24 p.m. local time when passengers on the Fire Ball ride were ejected around 20 to 30 feet into the air at a high speed, before falling to the ground. Witnesses have since reported that a passenger row detached from the ride while in motion—an account that is corroborated by online video footage.
In a statement released on Twitter, Ohio Governor John Kasich said he had ordered a full investigation into the incident and asked for all of the fair’s rides to be shut down pending additional safety inspections. “I am terribly saddened by this incident,” Kasich said. At a press conference on Wednesday, he again lamented the loss of life and declared that “we will get to the bottom of this.” “The fair is about the best things in life and then tonight, with this accident, it becomes a terrible, terrible tragedy,” Kasich said.
For the past few decades, the unstoppable increase in college tuition has been a fact of life, like death and taxes. The sticker price of American college increased nearly 400 percent in the last 30 years, while median household income growth was relatively flat. Student debt soared to more than $1 trillion, the result of loans to cover the difference.
Several people—with varyingdegreesof expertisein higher-ed economics—have predicted that it’s all a bubble, destined to burst. Now after decades of expansion, just about every meaningful statistic—including the number of college students, the growth of tuition costs, and even the total number of colleges—is going down, or at least growing more slowly.
Far from trying to “Islamicize” the country, some Syrian refugees find its version of Islam too conservative for their taste.
Germany has welcomed more than a million refugees and asylum seekers from Muslim-majority countries since 2015, more than any other European country. The issue of their integration has provided fodder for far-right voices in German politics, who used incidents like the 2016 attack at Berlin’s Christmas market and New Year’s sexual assaults in Cologne to suggest that Muslim newcomers are a threat to Western society. At the height of Europe’s refugee crisis, the extremist party Alternative for Germany (AfD) polled at 15 percent, drawing heavily on fear of refugees and rhetoric against the “Islamicization” of Germany.
But this isn’t the first time Germany has experienced a large Muslim influx. Before 2015, Germany was already home to some 4 million Muslims, mostly Turks who came 60 years ago to help rebuild the country after World War II. Many are poorly integrated into German society, living in social enclaves within big cities where they speak more Turkish than German and attend mosques run by the Turkish-Islamic Union for Religious Affairs (DITIB), an organization linked directly to Turkey’s government authority for religious affairs.
Many point to unromantic 20-somethings and women’s entry into the workforce, but an overlooked factor is the trouble young men have in finding steady, well-paid jobs.
TOKYO—Japan’s population is shrinking. For the first time since the government started keeping track more than a century ago, there were fewer than 1 million births last year, as the country’s population fell by more than 300,000 people. The blame has long been put on Japan’s young people, who are accused of not having enough sex, and on women, who, the narrative goes, put their careers before thoughts of getting married and having a family.
But there’s another, simpler explanation for the country’s low birth rate, one that has implications for the U.S.: Japan’s birth rate may be falling because there are fewer good opportunities for young people, and especially men, in the country’s economy. In a country where men are still widely expected to be breadwinners and support families, a lack of good jobs may be creating a class of men who don’t marry and have children because they—and their potential partners—know they can’t afford to.
Surprise eggs and slime are at the center of an online realm that’s changing the way the experts think about human development.
Toddlers crave power. Too bad for them, they have none. Hence the tantrums and absurd demands. (No, I want this banana, not that one, which looks identical in every way but which you just started peeling and is therefore worthless to me now.)
They just want to be in charge! This desire for autonomy clarifies so much about the behavior of a very small human. It also begins to explain the popularity of YouTube among toddlers and preschoolers, several developmental psychologists told me.
If you don’t have a 3-year-old in your life, you may not be aware of YouTube Kids, an app that’s essentially a stripped-down version of the original video blogging site, with videos filtered by the target audience’s age. And because the mobile app is designed for use on a phone or tablet, kids can tap their way across a digital ecosystem populated by countless videos—all conceived with them in mind.
Why do so many Americans live paycheck-to-paycheck despite earning a decent income?
There’s a growing segment of the American population that earns a decent salary but lives paycheck-to-paycheck: the income-rich and asset-poor.
Empty bank balances are often associated with those on the lowest rungs of the income ladder. But many members of America’s upper-middle class have almost no emergency cushion and are woefully unprepared for retirement. And years into the recovery, they are still struggling, leaving the entire economy vulnerable.
The median household income in America is about $55,000. To earn more than that is to do relatively well, particularly in low-cost areas. That’s what they bring in, but what do they really have? The figure below plots financial assets held by members of the upper-middle class aged 40 to 55. (Financial assets are any assets a household owns that isn’t a house, car, or business, which means it includes all retirement funds.)
Exclusion leaves the military weaker and the country more divided.
President Donald Trump issued a ruling on Wednesday outlawing military service by people who do not conform to a binary gender system.
“Please be advised that the United States Government will not accept or allow transgender individuals to serve in any capacity in the U.S. Military,” he wrote in a string of tweets. “Our military must be focused on decisive and overwhelming victory and cannot be burdened with the tremendous medical costs and disruption that transgender in the military would entail.”
Trump previously promised to be an advocate for transgender people, writing during the campaign, “Thank you to the LGBT community! I will fight for you while Hillary brings in more people that will threaten your freedoms and beliefs.”
She lived with us for 56 years. She raised me and my siblings without pay. I was 11, a typical American kid, before I realized who she was.
The ashes filled a black plastic box about the size of a toaster. It weighed three and a half pounds. I put it in a canvas tote bag and packed it in my suitcase this past July for the transpacific flight to Manila. From there I would travel by car to a rural village. When I arrived, I would hand over all that was left of the woman who had spent 56 years as a slave in my family’s household.