Unemployment Insurance Claims Signal Renewed Recession
Briefly Noted for 2020-12-12

Briefly Noted for 2020-12-11

Casey Newton: How Microsoft crushed Slack https://www.platformer.news/p/how-microsoft-crushed-slack: ‘And why the era of worker-centered work tools may be over…

George Orwell: Nineteen Eighty-Four http://gutenberg.net.au/ebooks01/0100021.txt

DeLong COVID Dashboard https://research.stlouisfed.org/useraccount/dashboard/56322

Ellora Derenoncourt & Claire Montialoux: Minimum Wages & Racial Inequality http://www.clairemontialoux.com/files/DM2020.pdf: ‘The earnings difference between white and black workers fell dramatically in the United States in the late 1960s and early 1970s.... The expansio... in this decline. The 1966 Fair Labor Standards Act extended federal minimum wage coverage to agriculture, restaurants, nursing homes, and other services which were previously uncovered and where nearly a third of black workers were employed.... Earnings rose sharply for workers in the newly covered industries. The impact was nearly twice as large for black workers as for white. Within treated industries, the racial gap adjusted for observables fell from 25 log points pre-reform to zero afterwards. We can rule out significant dis-employment effects for black workers.... The 1967 extension of the minimum wage can explain more than 20% of the reduction in the racial earnings and income gap during the Civil Rights Era…

Jonah Goldberg: Screwtape Went Down to Georgia https://gfile.thedispatch.com/p/screwtape-went-down-to-georgia: ‘A certain subset of the right has convinced itself that the Democrats aren’t just wrong or even bad, but that they are singularly evil and lethally dangerous enemies of America, hell-bent on destroying all that is sacred by imposing godless socialism on us all. I’ll skip the usual structural reasons for this development—the Big Sort, media balkanization, and, yes, the behavior of some Democrats—and focus instead on the part relevant to my point. The president of the United States said this sort of thing a lot.... The president is a deeply flawed and crude person with a thumbless grasp of the Constitution, the duties of his office, and the most rudimentary tenets of religion and traditional morality. Because this is so incandescently obvious, casting the Democrats as an existential threat to All We Hold Dear makes it a lot easier to overlook these things. Hence all of that “He’s our King David” gibberish from the early days of the Trump presidency. When you’re in a Manichean existential battle with the unholy Forces of Darkness, it’s much easier to overlook the adultery, greed, deceit, and corruption of your anointed champion. Now, normally I’m not one to leap to the defense of Democrats, but I think offering the faint praise that they are not all evil incarnate is literally the least I can do.... For nearly five years now, it has been obvious that Trump was unfit for the job and the arguments marshaled in his defense were cynical rationalizations that, for some, eventually mutated into sincerely held delusions.... For a lot of otherwise decent politicians and commentators, doing the right thing was just too damn hard. At every stage, they fed the Trumpian alligator another piece of themselves and said “This much, but no more.” But now all that is left are stumps, and it’s hard to walk in the right direction on stumps or hold your hands up to shout, “Stop!” when you have no hands.... I understand that this all sounds awfully self-righteous. But I’ll tell you, I feel like I deserve my gloating. I’m not alone in my right to it, but I deserve my share. I’ve been saying “don’t do this” for five years and I’ve been mocked and shunned for it. So forgive me if I enjoy my I-told-you-so moment. Or don’t forgive me. I’m used to it…

Lisa Bryan: Hollandaise Sauce (Easy and No-Fail https://downshiftology.com/recipes/hollandaise-sauce/: ‘The key to getting the consistency right all comes down to the hot melted butter. This recipe emulsifies butter into an egg yolk and lemon juice mixture. So you want to make sure you’re streaming in butter that’s hot enough (just melted won’t do). But in the case that your sauce does break and becomes a speckled mess, don’t fret. Below are two methods to try that will help bring your sauce back to life. Blend 1-2 tablespoons of boiling hot water: As you’re blending, slowly add in the hot water and blend until the consistency is right Add an extra egg yolk: While the blender is on, add an extra egg yolk with a teaspoon of hot water into the blender and blend until it becomes perfectly creamy…

Jonah Goldberg: As outrageous as his effort to delegitimize the election is—and it is very outrageous—that outrage pales like a lit candle next to the noonday summer sun when you compare it to an effort to literally overturn the popular and Electoral College vote and steal the election. But because that outcome is so unlikely, and Trump’s effort to pull it off is so comically inept, people are focusing on the more likely outrage rather than the more outrageous outrage. This was the plan.... His goal was always to steal the election if he didn’t win.... He told all of his voters to vote on Election Day. He expected this would give him a “mirage” lead that night, and then, because he had already established the illegitimacy of mail-in ballots, he could pretend to be justified in proclaiming victory on Election Night. Sure, there would be lawsuits and the like later, but Trump would have momentum on his side. He even telegraphed over and over that he expected the Supreme Court to come to his rescue.... That was his primary explanation for why he thought it was important to get Amy Coney Barrett confirmed. But as Grossman points out, there was just one problem: Trump wasn’t actually leading on Election Night.... This, by the way, explains why Trump World was so very, very, very, angry about Fox’s decision to call Arizona.... The Arizona call ruined the pretext. If Pennsylvania had been the tipping point, they thought they could get the election thrown to the court. But the Arizona call combined with the undeclared result in Georgia preempted that…


.#brieflynoted #noted #2020-12-11

https://www.bradford-delong.com/2020/12/briefly-noted-for-2020-12-11.html
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