Briefly Noted for 2020-12-22
Matthew Yglesias: The Real Economic Challenge in 2021 https://www.slowboring.com/p/the-real-economic-challenge-in-2021: ‘Back in 2018, there were a lot of articles with headlines like “6 reasons that pay has lagged behind US job growth” and “7 reasons why wage growth is so slow.” In retrospect, this wasn’t that mysterious. The labor market recovery had simply been very slow and 2018 turned out to be a year of accelerating wage growth. Then in 2019, things accelerated further. But the existence of articles puzzling over slow pre-2018 wage growth underscores the dangers of a sluggish recovery. Not only does sluggishness directly reduce wages, it generates complicated explanations for the sluggishness which distract policy attention from the urgent need to simply keep on keeping on with job creation…
Duncan Black: The Good Doctor https://www.eschatonblog.com/2020/12/the-good-doctor.html: ‘Birx has had some pals in the media all along, desperate to keep her reputation intact, so this won't hurt at all: "WASHINGTON (AP) — As COVID-19 cases skyrocketed before the Thanksgiving holiday weekend, Dr. Deborah Birx, coordinator of the White House coronavirus response, warned Americans to “be vigilant” and limit celebrations to “your immediate household.” For many Americans that guidance has been difficult to abide, including for Birx herself. The day after Thanksgiving, she traveled to one of her vacation properties on Fenwick Island in Delaware. She was accompanied by three generations of her family from two households. Birx, her husband Paige Reffe, a daughter, son-in-law and two young grandchildren were present..." Lives are complicated, but the people who rule us should at least try to pretend to set an example…
Tim Miller: This Is Your Brain on Newsmax https://thebulwark.com/this-is-your-brain-on-newsmax/: ‘I would guess with a high level of confidence that all of these gentlemen know that Donald Trump lost. Spicer said as much on November 5 before Newsmax realized just how much juice they could get out of the scam. Ruddy openly told the New Yorker’s Isaac Chotiner that he saw a business opportunity in providing wall-to-wall election fraud fanfic. What these characters are doing is exploiting Trump Nation’s need to believe that their great, nectarine idol is unbreakable and that the only way he could “lose” is if people whom they hate—the Deep State, Big Tech, Antifa, the media, black people—are conspiring against him. So here is the dangerous story they are being told—minute by agonizing minute: Monday, November 30, 11:20 a.m.—National Report: For reference, I am working from bed and live streaming Newsmax via the YouTube TV app. I am armed only with my computer and a pour over coffee in an Ellen Show mug. I’m bracing for pain. First up it’s Trump campaign lawyers, Joe diGenova and Victoria Toensing, together in what appears to be their fancy Washington, D.C. home (Drain the Swamp!). They are praising Jared Kushner’s Middle East genius. The first commercial I see is a Newsmax promo that has Donald Trump saying “Newsmax, you like Newsmax, I like it too” twice in 10 seconds. The next ad is Pat Boone pushing silver. I did not know that Pat Boone was still alive…
.#brieflynoted #noted #2020-12-22
https://www.bradford-delong.com/2020/12/briefly-noted-for-2020-12-22.htm2