Congress – Page 12 – The Wrongologist

Schumer and Manchin Love Bipartisanship, Hate Diabetics

The Daily Escape:

Full moon, 4:00 am, Burlington, VT harbor -July 2022 photo by Adam Silverman Photography

Senate Democrats have been working on a prescription drug pricing reform proposal aimed at lowering the cost of prescription drugs by allowing Medicare to negotiate prices for up to 20 drugs.

The House passed similar legislation which was considered by the Senate last year. That bill included language that would have made all insulin products subject to Medicare price negotiation and would have capped Medicare beneficiaries’ insulin copays at $35 per month.

Earlier this month, Senate Democrats (including Manchin), reached a deal on a plan that would allow Medicare Part D to negotiate the prices of up to 20 prescription medications directly with pharmaceutical corporations, a proposal that is overwhelmingly popular with voters across party lines.

But the Senate Finance Committee has just left insulin out of the package they plan to send to the floor of the Senate. From Yahoo News: (parenthesis by Wrongo)

“Staff for the Democrats on the Senate Finance committee said the provisions were removed because a separate bipartisan Senate bill (the Insulin Act) includes the monthly $35 insulin cost cap for people with Medicare or private insurance.”

But that separate bill is facing an uphill battle because it would need 60 votes in the Senate to cross the filibuster hurdle, while the drug pricing reform bill is expected to be part of the Senate’s reconciliation process, requiring only 51 votes to become law.

Bloomberg Law reports that Schumer: (emphasis by Wrongo)

“…has said he plans to hold a vote soon on a measure from a bipartisan duo to cap the out-of-pocket cost of insulin at $35 a month. But passing the legislation from Sens. Susan Collins (R-ME) and Jeanne Shaheen (D-NH) requires the support of Republicans, and key GOP senators say they’re not ready for a vote right now.”

Naturally, diabetics and their interest groups are up in arms. That people have to pay huge sums for insulin is a very visible problem among all of the problems with America’s health care system. That Democrats may cave on fixing this in favor of making the path harder reveals much about the Dem’s ability to govern.

From Common Dreams: (brackets by Wrongo)

“Insulin prices in the US [are] seven times higher than those found in peer countries [and] are so steep that experts have accused the federal government and pharmaceutical industry of violating human rights. More than 37 million people in the US have been diagnosed with diabetes….Because just three pharmaceutical corporations control the nation’s lucrative insulin market, the century-old drug can cost a person without adequate health insurance more than $300 per vial.”

So, an oligopoly controls insulin.

The massive coverage gaps inherent in our for-profit healthcare system have left millions of people across the US who rely on insulin, unable to afford it. Corporate profiteering is forcing many people to ration the drug or forgo it, often with deadly consequences.

Considering the fact that insulin is more than 100 years old, it should be as close to free as possible. Why not set up a not-for-profit co-op to manufacture insulin, which would then be available for the cost of production? One such organization that’s trying to do just that is the Open Insulin Foundation. However it isn’t clear that they have launched production of insulin at this point.

The drug pricing reform bill would start negotiating with drug manufacturers sometime in the next three years and wouldn’t be fully implemented until 2030, so it’s weak tea to begin with. And it’s only for 20 drugs, and the most used one is no longer included.

Schumer and Manchin are responsible for taking insulin out of the bill that will certainly pass, in favor of it being in a stand-alone bill that probably won’t pass, because they still don’t have the Republican votes they need to pass a separate insulin bill.

Unless Democrats abandon their efforts to convert Republicans to bipartisanship, Wrongo’s days of funding their election campaigns are over.

Sunday Cartoon Blogging – July 17, 2022

Joe Manchin has done it to the Dems again. After laying out his conditions for supporting a scaled-down version of Build Back Better, he decided at the last minute that he couldn’t support his own conditions.

For nearly two years, the Dems have tried to create a package that Manchin could support, including funding for renewable energy and electric vehicles. Manchin has now indicated he can’t go that far, which jeopardizes Democrats’ chances in the Midterms.

Manchin blamed inflation (now at a 40-year high). Backing a $300bn bill that offers tax credits and funding to clean energy would, he argues, push pocketbook costs higher for Americans, although economists have disputed this. From the Guardian:

“A less charitable view of Manchin is that he is dangerously conflicted due to his own investments in fossil fuels… and that his judgement has been warped by the largesse of the industry, which has donated more money to him than any other senator.”

Congress hasn’t been able to pass anything to reduce climate change, despite public opinion being clearly in favor of doing just that. We expect Congress to pass laws that reflect the public’s opinion. But finding 60 Senate votes for anything vaguely controversial isn’t likely to happen in America today. The result is a set of federal laws that do not reflect what Americans actually want. On to cartoons.

Biden’s Saudi visit went well:

The fake (not fake) very real dilemma of the pregnant 10 year-old:

Back to school clothes for 4^th grade:

Pence was nearly kidnapped by his Secret Service detail. The fly knew:

Is the Dem’s 2024 flavor appealing or appalling?

Images from the Webb telescope enter popular culture:

Lowering Gas Prices Isn’t Easy

The Daily Escape:

Sunset, tide pools, La Jolla, CA – June 2022 photo by Paul Folk

Fed Reserve Chair Powell appeared before the Senate Banking Committee on Wednesday and the House Financial Services Committee on Thursday to talk about inflation and the Fed’s role in bringing it under control. Both Democrats and Republicans agreed with Powell’s desire to bring inflation down as quickly as possible. But they had vastly different views on how the Fed and Congress should do the job.

When pressed by Sen. Elizabeth Warren (D-MA), Powell said higher interest rates could not boost the production of oil or end other supply shocks that are driving prices higher:

Basically, Powell agreed that the forces causing inflation were largely beyond the Fed’s control.

The Fed is raising interest rates to dampen demand, but consumers are in relatively decent shape and still have money in their bank accounts to spend. If spending declines, companies are often forced to keep prices stable or cut them, which throws some cold water on inflation. But that also can cause job losses and wages to stagnate.

Committee Republicans blamed the Fed for not listening to their calls to raise rates as inflation began to rise last year. Several GOP Senators questioned whether the Fed has the will to induce a recession if that becomes necessary.

Politically, it’s clear that a sharp recession that cost jobs would be ruinous for millions of Americans. But, it has the advantage of giving Republicans a clear path to winning back control of Congress in 2022 and possibly the White House in 2024.

That’s how politics works: The Party out of power blames the Party in power for whatever isn’t working.

However, inflation has multiple causes, most of which Powell admitted were outside the control of the Fed or the White House. Let’s focus on gas prices, an area where neither Biden nor Powell can do much to bring prices down.

The key to gas prices right now is the global lack of refinery capacity. Seeking Alpha reports that excess refining capacity doesn’t exist outside of India, China, and Russia. As a result, US and European refineries are making huge profit margins. From the Economist:

“In normal times, the refining business is a low-margin, low-drama adjunct to the…business of oil production….Refiners typically make profit margins of $5-10 a barrel….This time….Margins for many refiners have rocketed, and bottlenecks in the sector are propelling global petrol prices upwards.”

Here’s a chart:

A government report shows that US refining capacity has fallen in the last two years. In fact, it’s where it was in 2014, meaning that gas supplies would still be tight if refineries were running at 100%, and they’re running at close to that. Industry capacity utilization is at roughly 94%, the highest since 2018.

US oil refining capacity has decreased by more than one million barrels/day (5% of the total) since the start of the pandemic. Some old facilities were closed permanently after Covid stopped people from driving, which crushed fuel demand. Other refineries are being modified to produce renewable diesel instead of gas. Those conversions may be too far along to reverse course.

Since there’s little chance of bringing new US sources of gasoline refining online anytime soon, Biden’s best chance to lower prices will likely come from jawboning the refiners to accept smaller profit margins.

We shouldn’t count on America’s corporations to do the right thing.

Over the longer term, Mr. Market might help save the day. The price spikes will cool demand for gas, which should lower prices. A shift in trade flows could also help. The Economist says that India’s refiners see an opportunity to become, as RBC Capital Markets says, “the de facto refining hub for Europe”.

New refineries are scheduled to come online in Kuwait and Saudi Arabia, which should help ease the shortages too.

The hard reality is that there’s no easy solution for gas prices, or for food prices. If they existed, Biden would’ve flipped that switch months ago. Earlier this week, Wrongo said:

“Will people vote this Fall based on the price of gas? Or the threat of a recession? Or, will they understand that there’s a real possibility that democracy as we know it in the US could vanish?….Inflation comes and goes. Recessions come and go. If we lose our democracy, it won’t be returning any time soon.”

The GOP keeps slamming Biden over inflation, but it has zero solutions to offer, because this shit is complicated. Rep. Elise Stefanik, (R-NY), the third-ranking member of the House GOP, isn’t even pretending the GOP has a plan. She recently said of inflation:

“House Republicans will address these crises when we earn back control of the House this November.”

Sure. You can trust the Party of tax cuts for the wealthy to prevent a recession that will harm the rest of us.

Sunday Cartoon Blogging – June 12, 2022

The WaPo reports that Facebook is allowing marketplace buyers and sellers to violate its ban on gun purchases 10 times before being kicked off the platform. They rep orted that Facebook’s guidelines also include a five-strikes system for gun sellers and buyers who call for violence or voice support for a “known dangerous organization” before they lose Facebook access.

Five years ago, Facebook banned the private sale of guns on its website but it hasn’t previously explained how the company enforces the ban. Apparently, they really don’t. On to cartoons.

The GOP’s #1 strategy:

GOP strategy #2:

Kids understand:

Liz Cheney, another guided missile:

Wrong argument in the wrong court:

Twisted logic by Republicans who defied the J6 committee:

FOX knows its audience:

Some Factors Affecting The Mid-Terms

The Daily Escape:

Before dawn, Kennebunkport, ME – June 2022 photo by Eric Storm Photo.

Even though the first public hearing about the Jan. 6 attempted coup happened last night, Wrongo doesn’t intend to write about them for a few days. The hot takes are all over the media, and it’s doubtful that we will know much about how the public is reacting for a few weeks. Once again Wrongo cautions that the media will cover this like a political contest when it isn’t. It really is about the health of our democracy.

And did you realize that only 21% of Americans over 18 read a newspaper every day? Cheryl Russell of Demo Memo has statistics from the General Social Survey showing how precipitously newspaper readership has fallen. She says that in 1972, 69% of the American public read a newspaper every day:

“Now, the share of adults who never read a newspaper (40%) is far greater than the share who read a newspaper daily. Fully 57% of the public reads a newspaper less than once a week…”

This also has implications for how broadly the findings of the Jan. 6 committee will be shared. As does the fact that FOX won’t be airing the hearings and plans to counter-program with GOP members of the House and Senate presenting real-time disinformation as the facts are aired.

Speaking of not knowing the facts, YouGov reports on an economic survey showing that seven out of 10 Republicans think we’re currently in a recession. More than half of all independents and 43% of Democrats also think the same. They sampled about 1,500 US adults online between May 28 – 31, 2022, with a margin of error of ± 3%. Here are the results:

How can we be in a recession when our unemployment rate is at 3.6%? When wages are up 5.6% over the past year, and consumers still are spending money like crazy?

People may believe we’re in a recession, but the US economy added 1.2 million jobs in the past three months. Yes, inflation is the highest it’s been in 40 years, but higher gas and food prices don’t mean we’re in the midst of an economic slowdown. Maybe the survey was poorly worded, or maybe, since people really never read in depth about what’s really going on in America, they never learn what’s really happening. This will be very damaging to the Democrats’ mid-term chances.

Next, you may have heard that there was a “political earthquake” in the California primaries, that Dems did poorly because of the “crime” issue, and that will hurt Democrats all across the nation.

A recalled San Francisco District Attorney didn’t cause an earthquake, and neither did a Republican-turned-Democrat’s advancing in the LA Mayor race. Former Republican and billionaire Rick Caruso spent $40 million on his mayoral primary! His opponent, Karen Bass, spent $3 million on her campaign. He won the primary by 3 points, although she is the likely winner in November.

What WAS an earthquake was the anemic voter turnout. Only about 19% of California’s registered voters actually voted.

There was no sign of an anti-Democratic wave in CA. Candidates from both parties that were expected to make the general election did so. Probably the weakest performances by incumbents were posted by Republicans David Valadao and Young Kim, who struggled to defeat challengers running to their right. In particular, Valadao, who voted to impeach Trump, appears to have advanced to the general election.

And in CA-41, moderate Democrat Will Rollins advanced to the November election against Republican incumbent Ken Calvert, who voted to overturn the 2020 election results. Rollins has a decent chance to win in November in what is a 50-50 district.

Finally, Larry Sabato reports on the redistricting landscape now that most state redistricting is complete:

The total number of competitive districts has declined from 84 to 75.
The number of super-safe Republican districts (those where Biden won 40% or less) increased from 112 to 131.
The number of super-safe Democratic seats, 127, while similar to the Republican total, is down slightly.
There are 211 seats where Biden received 49% of the vote or less, and 202 seats where he won 53% or more.

Sabato’s Crystal Ball rates Republicans having 214 seats as safe, likely, or leaning Republican. That means that if they hold those seats, they are just four additional seats from controlling the House. They rate the Democrats as having 193 seats as safe, likely, or leaning Democratic.

That means if both Parties hold serve, there are just 28 seats in play in the 2022 mid-terms. For the Democrats to retain control of the House would require them to win 25 of those 28 seats.

If the Dems want to retain control of the House, what message should they be telling voters who: a) Don’t read newspapers; b) Think the economy is crashing; and c) Fail to turn out in Democratic and Independent-leaning Congressional Districts?

It’s Not Just The Guns, It’s The Ammo

The Daily Escape:

Antarctica – May, 2022 photo by Jason Row Photography

Wrongo shot the AR-15 at Fort Ord, CA while in the military in 1966. Back then, the US Army had its Combat Developments Experimentation Command, known as CDEC, there. Fort Ord is now closed, but its location on Monterey Bay in California, made it a beautiful place to spend a weekend, if not military training.

In the 1960s, Fort Ord was the home of the 4th Replacement Training Center, with upward of 50,000 soldiers preparing for their upcoming tour of Vietnam. As part of our training, we participated in the night fire tests of the AR-15. Those tests simulated the conditions that small squads faced in combat. The idea was to compare the performance of the AR-15 against the M-14, the incumbent weapon.

The Army adopted the lighter AR-15 in a model they called the M-16. James Fallows, writing in 1988 in The Atlantic, said this about the weapon:

“By the middle of 1967, when the M-16 had been in combat for about a year and a half, a sufficient number of soldiers had written to their parents about their unreliable equipment and a sufficient number of parents had sent those letters to their congressmen to attract the attention of the House Armed Services Committee, which formed an investigating subcommittee.”

The subcommittee examined the problems caused by the M-16, and Fallows’ article is worth reading to see how badly the Army procurement process failed the US soldier in Vietnam. The Army made several changes to the AR-15 as it became the M-16. All of them served to make the weapon unreliable in combat conditions and less useful as a weapon of war.

But Wrongo wants to focus on the M-16’s high velocity bullet. From Fallows:

“Nearly a century before American troops were ordered into Vietnam, weapons designers had made a discovery in the science of ‘wound ballistics.’ The discovery was that a small, fast-traveling bullet often did a great deal more damage than a larger round when fired into….a human body…”

On Sunday, 60 Minutes re-broadcast a story on the lethality of the AR-15. The focus was on how the gun’s high velocity rounds cause devastating and often lethal wounds that first responders and emergency rooms have great difficulty repairing.

The Intercept brings this back to the Uvalde shooting: (Brackets by Wrongo)

“Many circumstances of this week’s elementary school shooting in Uvalde, Texas, are incomprehensible….The [wound] damage was so severe that agonized parents had to give DNA samples to identify their children.”

Imagine. The request pointed to the obvious: Many of the children who had been killed were so grievously injured that it was impossible to identify their bodies. And that DNA identification process took hours.

Much of the damage was because in addition to the killer using the AR-15, a weapon of war, he also used hollow point bullets, one of the most physically destructive forms of ammunition. Hollow-point bullets open upon impact thereby causing more damage to their targets:

Source: Guns and Ammo

They can easily be purchased throughout the US, but the rest of the world thinks the use of expanding rounds on the battlefield is a war crime. The International Criminal Court bars their use, and they are prohibited by a declaration of the Hague Convention (which of course, the US has never ratified).

The US military has authorized hollow-point ammo. Civilian ammosexual proponents of the hollow-point ammo argue that the bullet reduces harm to nearby civilians, since it’s less likely to pass through its intended target or to ricochet. They also say that it’s useful in hunting big game, so the animal can be killed in one hit. Just like it works in 10 year-old grammar school students.

Which States Are The Best for Working Moms?

The Daily Escape:

Sunrise, Columbia Hills, WA – May 2022 photo by Mitch Schreiber Photography

Each year, WalletHub ranks the best and worst states for working mothers. Below is an overview of their methodology and findings: Women make up nearly half of the US workforce, and nearly 68% of moms with children under age 18 were working in 2021. That share of the workforce declined during Covid, dropping around 1.3% between Q3 2019 and Q3 2021 (compared to 1.1% for men).

We know that women face an uphill battle in the workplace, with their average hourly wage being just 84% of what men make. They face other non-financial problems as well. Parental leave policies and other childcare support systems vary by state, but the quality of infrastructure — from cost-effective day care to public schools, is far from uniform.

WalletHub compares state performance across 17 metrics to rank the best & worst states. They compared the 50 states and the District of Columbia across three key dimensions: 1) Childcare, 2) Professional Opportunities and 3) Work-Life Balance:

“We evaluated those dimensions using 17 relevant metrics…with their corresponding weights. Each metric was graded on a 100-point scale, with a score of 100 representing the most favorable conditions for working moms. We then determined each state and the District’s weighted average across all metrics to calculate its overall score and used the resulting scores to rank-order our sample.”

WalletHub’s weighted average for the three categories was as follows: Childcare = 40 possible points, Professional Opportunities = 30 possible points, and Work-Life Balance = 30 possible points, totaling 100 points available per state. That translates into the overall total score below. Here are the top 10 US states for working mothers with individual state rankings by category:

It’s very telling that America’s best score was 62.99 out of 100, meaning that all states have a long way to go to make us a nation that supports women and mothers. Wrongo is happy to note that Connecticut is #1 in job opportunities for women. Here are the bottom 10 states:

Note that only California of the bottom 10 states is an urban (and blue) state. It gets killed in the rankings because of its terrible performance on childcare. If you are interested in how your state ranked, you can see an interactive map of all the states here. WalletHub also compared the top and bottom five states across a few of their metrics. Here’s what those rankings show:

According to a recent report, more than 2.3 million American women have dropped out of the labor force since the start of the pandemic. Solving the problems that keep these women out of the workforce should be a focus for all of the states.

This is particularly true for service and front-line workers whose work scheduling can be unpredictable and for many jobs, there is limited flexibility. Companies should do more. They can create more flexible work environments, allowing parents to take short-term time off. They can strive to eliminate schedule unpredictability for hourly workers. Companies can also work to change their culture to better recognize work-life balance.

The biggest hypocrisy of the anti-abortion movement and the Supreme Court’s apparent decision on abortion is that the Justices and the Republicans are willing to go to the mat to protect the unborn, but that commitment mysteriously vanishes once a child exits the womb.

In many cases, these same zealots are actively hostile to programs that would benefit children.

Parenthood is humankind’s most important job; but there’s no internship, no training program, no handbook. You dive into it and are expected to figure things out on your own. It’s true that parents should bear the responsibility and costs of raising a child, but, government intervention should be available, depending on local conditions and income levels. Some parents simply need help.

At a time when Republicans and the Supreme Court seem to be willing to discount the value of women in our society, it’s important that we battle their views on the economic front as well as on the political front.

Monday Wake Up Call – April 18, 2022

The Daily Escape:

Sunset, Sequoia Lake, CA – April 2022 photo by An Pham

Today is tax day, and Wrongo will get his in on time. But the question of how America deals with its taxing is rightly under scrutiny. Blog reader Ottho H. commented on Wrongo’s Sunday post about the IRS:

“To me it’s an enduring mystery, and a source of anger and disgust, why Congress starves the IRS…. Doubling the IRS budget (by, say, $12B per year) seems like the best and most “sure thing” ROI the gov’t can make….To the extent that the “starve or defund the IRS” movement is due to lobbies and Congressmen out to protect and further enrich the already rich, then at least that should be made more transparent to the public. This is a no-brainer cause that I can get behind.”

The IRS is chronically underfunded. Government data show that millionaires and billionaires are rarely audited, while lower-income families are disproportionately targeted (five times more likely) for enforcement actions. The agency is severely understaffed. It works with outdated technology, meaning that any paper returns must first be transcribed into a computer. It also means hundreds of billions of dollars in taxes go uncollected.

The answer to so many of the IRS’s woes: antiquated tech systems, congested phone lines, threadbare enforcement – is more funding. It’s one of the few federal agencies that would generate a large and nearly immediate return on investment if it could spend more.

But many Republicans don’t want to fix it. Yesterday’s WaPo article quoted Sen. Rick Scott (R-FL):

“This additional money for the IRS to target all Americans is absolutely wrong…It will target our families, it’s going to target our small businesses, and it’s going to go after them to get them to pay more money.”

And Sen. Todd Young (R-IN) about how new IRS funding would be used:

“We know that most of this $80 billion will be used to enhance the ability of the IRS to target middle Americans…”

The Economist says that the IRS entered this tax season with a backlog of 24 million returns, 20 times worse than normal. At the end of this tax season, it will be nearly two years late in processing many of our returns:

“Spending [at] the agency has declined by nearly 20% since 2010. At the same time, the number of tax returns has increased by 20%. The backbone of the system, a nationwide taxpayer database, is built on top of a 1960s computer language rarely taught in schools.”

The IRS is in the process of hiring 10,000 workers to help clear the backlogs, but the biggest challenge is retaining their senior auditors. About a fifth of agency staff are eligible for retirement. Many have already left as a result of Covid, and they were exactly the kind of people needed to maintain the agency’s enforcement efforts.

The Economist says that the IRS audited 0.3% of corporate tax returns filed in 2018, down from 1.6% in 2010. The number this year may be even lower. They quote Charles Rettig, IRS Commissioner, as estimating that the government loses about $1 trillion in tax revenues annually because of cheating.

Even if new funding is appropriated, it will take time to re-build the agency. Money that is appropriated now for that purpose would be spent over the course of the next fiscal year (which ends on 9/30/2023) and the effects of those reforms probably wouldn’t start to show in the statistics until then.

It’s always been easier to destroy than it is to build. Credit the GOP for understanding this truth.

Time for the Republicans in Congress to wake up! No one likes paying taxes. Even for those who recognize that there’s a societal gain when we all pay them, filing our tax returns is a hassle. It’s time we had a better funded agency that could return the enforcement efforts back toward the richest corporations and wealthy individuals first.

To help our Congress Critters wake up, watch and listen to Mavis Staples perform “Love and Trust” from her album “Live in London”, recorded in 2018 at London’s Union Chapel. She’s joined by Jump Bluesman Rick Holmstrom on his Telecaster:

Sample Lyric:

The simplest things can be the hardest to do
Can’t find what you’re looking for even when it’s looking for you
The judge and criminal, the sinner and the priest
Got something in common, bring em all to their knees

[Chorus]
Do what you can, do what you must
Everybody’s trying to find the love and trust
I walk the line, I walk it for us
See me out here tryin’ to find some love and trust
(Love and trust)
(Love and trust)

Saturday Soother – April 2, 2022

The Daily Escape:

The Devil’s Churn, Yachats, OR – 2022 photo by Bobbie Shots Photography

The war in Ukraine has brought with it a difficult information environment. We’ve had a hard time sorting the facts from the misinformation. When Biden said in his State of the Union that Russia is “isolated from the world,” that wasn’t exactly misinformation. But it wasn’t exactly true since much of the rest of the world doesn’t see it our way.

The sanctions on Russia are limited largely to the EU and NATO members plus a few other close allies like Australia, Japan, and South Korea. Other countries are much more open to continuing to trade with Russia. That was demonstrated this week by Russian Foreign Minister Sergei Lavrov’s visits to India and China.

China and India have refused to condemn Russia’s invasion outright. Both abstained from voting on UN resolutions demanding Moscow immediately stop its attack on Ukraine. At that vote in March, 144 countries condemned the invasion, but few world leaders other than those in the West have openly criticized Vladimir Putin since then.

After visiting China, where Beijing reiterated that its relationship (which is now even more vital for Russia due to the sanctions) “has no limits”, Lavrov traveled to India. US Commerce Secretary Gina Raimondo criticized India for discussing a rupee-ruble trade arrangement with Russia, which could undermine Western sanctions:

“Now is the time to stand on the right side of history, and to stand with the United States and dozens of other countries, standing up for freedom, democracy and sovereignty with the Ukrainian people, and not funding and fueling and aiding President Putin’s war,”

Visiting India is quite fashionable just now. Earlier this month, leaders from Japan and Australia held summits with their Indian counterparts. And this week, diplomats from Germany and the European Union are visiting Delhi. Lavrov’s visit coincides with a visit by Britain’s Foreign Secretary Liz Truss.

Russia has been critical to India’s increased weapons procurement. In 2018, it signed a $5 billion weapons deal with Russia for air defense missile systems. Some Western estimates say that 50% of India’s military equipment now comes from Russia.

Meanwhile, despite US pressure to increase oil production, the OPEC countries are standing by their deal with Russia. Reuters reported that when asked about Russia’s war with Ukraine at the OPEC meetings, Saudi Energy Minister Prince Abdulaziz bin Salman said that when they hold meetings:

“….everybody leaves his politics at the door”.

Japan also announced that it isn’t pulling out of the Sakhalin-1 offshore oil joint venture it has with Russia. Japanese officials have stressed since Russia’s invasion of Ukraine that the Sakhalin-1 project is crucial for Japan’s energy security.

Everyone knows that Russia is a top global exporter of energy, weapons, and wheat, so many countries are trying to say that Putin’s War isn’t their fight. These nations are all concerned about possible boomerang effects of Russian sanctions on their own economies.

Other nations including Brazil, Pakistan, and South Africa, are also staying on the sidelines.

The US spin is that these countries are actively undermining the effort to bring Russia to heel in Ukraine, but each of them has economic reasons for trying to steer a middle course on the conflict. Americans may see that as morally reprehensible, but they see it as enlightened self-interest.

Enough about geopolitics and whether countries should back the US play with Russia. It’s time for our Saturday Soother, where we try to forget about why Republicans are against capping the price for Insulin.

Or why they seem to be suddenly against what they’re calling “sportsball”. Apparently sports have become so woke that NBA, NFL and college teams are doing things like having woke slogans on their uniforms. That’s making Republicans like Ben Shapiro feel like he’s lost his safe space.

That won’t stop Wrongo and Ms. Right from watching both the men’s and women’s Final Four basketball championships this weekend.

Anyway, it’s time to let go of the internet and find a safe space of our own for a little relaxation. Let’s start by brewing up a mug of Big Trouble coffee ($16/12oz.) from Durham, NC’s Counter Culture Coffee.

Now grab a seat by a south-facing window and listen to the late Julian Bream play “The Miller’s Dance” from Manuel de Falla’s ballet. “The Three-Cornered Hat”. This performance was filmed in La Posada del Potro in Córdoba, Spain in 1985. Bream was one of the most distinguished classical guitarists of the 20th century. He also played a significant role in reviving interest in the lute:

Monday Wake Up Call – March 7, 2022

The Daily Escape:

Watson Lake, near Prescott, AZ – February 2022 photo by Steve Matten

Last week, the Labor Department released its monthly Nonfarm payroll report. It showed strong hiring, and a substantial decrease in unemployment. Employment rose by 678,000 in February, the unemployment rate fell to 3.8%, wages rose by just 1 cent to $31.58 per hour, although wages have risen 5.1% over the past 12 months.

We still have 2.1 million fewer jobs (1.4%) than we had in February 2020 just before the start of the pandemic. At the average rate of jobs growth for the past 6 months, it’s about 4 more months before we get back to where we were. From Krugman:

“…what people are actually experiencing in their daily lives is a very strong job market. For example, according to the latest survey from the Conference Board, 53.8% of consumers said that jobs were “plentiful,” a near-record, while only 11.8% said that jobs were hard to get.”

The Wrongologist

Geopolitics, Power and Political Economy

Category: Congress

Sunday Cartoon Blogging – July 17, 2022

Lowering Gas Prices Isn’t Easy

Sunday Cartoon Blogging – June 12, 2022

Some Factors Affecting The Mid-Terms

Monday Wake Up Call – April 18, 2022

Saturday Soother – April 2, 2022

Monday Wake Up Call – March 7, 2022