Sunday Cartoon Blogging – September 11, 2022

It’s 21 years since the attack on the World Trade Center and the Pentagon. As Michael de Adder says:

Twenty one years on, America is more at war with itself than with any foreign terrorists, despite having troops deployed in 80 countries. Our society and our democracy are threatened from within in a way that Osama bin Laden could never have managed. And where are we today? Cartoonist Mike Luckovich has a thought:

If ever so briefly after that fateful day. Today we face threats that might end our democracy:

  • We’ve nearly lost our social cohesion
  • We aren’t dealing with income inequality
  • We’re seeing racism grow
  • We see clear threats to the right to vote, or whether our votes will even count if we cast them

In these 21 years, Republicans have moved from being the Party of national security to the Party of grievance and anger. As Elliot Ackerman wrote last year in Foreign Affairs:

“From Caesar’s Rome to Napoleon’s France, history shows that when a republic couples a large standing military with dysfunctional domestic politics, democracy doesn’t last long. The US today meets both conditions.”

MAGA asks the wrong question:

When you have no policies, this is what you get:

Let’s close today with a song by Mary Chapin Carpenter that she wrote back on the first anniversary of 9/11. Carpenter was inspired by an interview with Jim Horch, an ironworker who was among the early responders at the WTC site. Here’s part of what Horch said:

“My responsibility at the site was to try to remove big pieces of steel. The building fell so hard there wasn’t even concrete. It was dust….I started to feel the presence of spirits…not very long after I was there. The energy that was there was absolutely incredible and…it was more than just the people that I was working with…it was energy left behind….One day when I was working, I felt this energy and it felt lost and it wanted to go home but it didn’t know how to go home and it came to me to go to Grand Central Station. When I got off the subway, I walked into the Great Room. Into where the constellation is in the ceiling. And I walked around the perimeter and…out of the building. I didn’t feel the energy anymore. I could feel it leave.”

And here’s Carpenter’s “Grand Central Station”:

 

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Monday Wake Up Call – April 3, 2022

The Daily Escape:

Makapu’u Lookout, Oahu, HI – January 2022 photo by TwoBongs on Tour

Let’s talk about the “Wealth Effect”. It’s the notion that when households become richer as a result of a rise in asset values, such as stock prices or home values, they spend more and stimulate the broader economy. The idea is that consumers feel more financially secure and confident about their wealth, even if their income and costs are the same as before.

This concept has been endorsed by two recent former Fed Chairs, Janet Yellen and Ben Bernanke. It’s simply another term for trickle-down economics.

In 2019, after nearly 11 years of the Fed’s policy of adding money to the economy, by “Quantitative Easing” (QE), the National Bureau of Economic Research (NBER) did a study on the Wealth Effect, to quantify how much richer the rich would have had to become to have x% impact on the overall economy, and how long this boost lasts before it fades.

They found that QE makes 10% of the population a lot richer, producing immense concentration of wealth at the top 1%, and mind-boggling concentrations of wealth at the billionaire level. After which, there were some very muted trickle-down effects on the economy.

Wolf Richter used the Fed’s wealth distribution data to create a chart he calls the Wealth Effect Monitor. The Fed divides the US population into four groups by wealth: The “Top 1%,” the “2% to 9%,” the “next 40%,” and the “bottom 50%” to report on wealth.

Richter divides this data by the number of households in each category, to obtain the average wealth per household in each category. Here’s his chart for the past 21 years:

Note the immense increase in the wealth for the 1% households after the Fed’s latest QE effort that began in March 2020. They have been the primary beneficiaries of the Fed’s policies since 2020.

True to the Wealth Effect’s concepts, the Fed’s policies helped to inflate asset prices, and thus only asset owners benefited: The more assets held, the stronger the benefit. Here’s Richter’s analysis of average wealth (assets minus debts) per household, by category in the 4th quarter, 2021:

  • “Top “1%” household (red): $36.2 million
  • The “2% to 9%” household (yellow): $4.68 million
  • The “next 40%” household (purple): $775,000
  • The “bottom 50%” household (green): $59,000

The Fed doesn’t provide separate data on the 0.01% and the Billionaire class, but they were the biggest beneficiaries of the Fed’s monetary policies. The top 30 US billionaires have a total wealth of $2.12 trillion, sliced into 30 slices for a wealth of $70.8 billion per billionaire, according to the Bloomberg Billionaires Index.

Compare that to the bottom half of the US population (the “bottom 50%”) who have a combined wealth of just $3.7 trillion, divided into 165 million slices for each individual. The way percentages work, you would think that households in the bottom 50% would have the largest percentage gains since they start from a lower base. But because they own fewer assets, when adjusted by population, they stay mired in last place. From Richter:

“When the wealth of the bottom 50% increases by 5%, they gain about $3,000. And when the average wealth of the top 30 billionaires increases by 5%, they on average gain $3,500,000,000.”

More from Richter:

“In 1990, the wealth disparity between the average top 1% household and the average “bottom 50%” household was $5 million.”

Since March 2020, the wealth disparity between the average top 1% household and the average bottom 50% household has grown by $11.2 million per household.

The bottom 50% of Americans spend all or nearly all their income on housing, transportation, food, healthcare, etc. They hold few stocks and very little real estate. Add that to our current round of inflation, and in order to get by, the bottom 50% are spending nearly all of their income.

They’re the ones paying for the Fed’s policy of enriching asset holders.

We know that average wages and salaries have gone up a lot. Ben Casselman of the NYT says that the wages of low-wage workers have gone up by nearly 12% in the last year; but remember, that’s on a low base. So the worker bees in our economy have a long way to go, while the richest asset holders got vastly wealthier, thanks to the Fed’s policies.

Time to wake up America! The phony trickle-down theory has amazing persistence among US policy makers, despite being amazingly damaging to most of us.

To help you wake up watch an American icon, Taj Mahal perform “Good Morning Ms. Brown” in 2014 while riding in a mule-drawn carriage in the French Quarter in New Orleans:

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Are Freedom and Democracy Still Compatible in America?

The Daily Escape:

Henniker Covered Bridge, Henniker, NH – February 2022 photo by Jurgen Roth Photography. It is a footbridge across the Contoocook River.

Trucker anger is coming to America. From Politico:

“Canada’s truckers have paralyzed Ottawa and unsettled the country’s politics over vaccine and mask mandates. Now Americans want in on the action. A nationwide convoy — starting in California before heading toward Washington, D.C. — is expected to get underway on March 4 amid a growing clamor from those who believe their freedoms are under threat from government Covid-19 restrictions.”

The trucker protests in Canada seem to have become a rallying point for those who are irate about what they view as Covid-inspired overreach by their governments. Momentum seems to be building for a similar convoy in the US. The NYT reports that:

“…several right-wing figures, including Dan Bongino, Michael Flynn and Ben Shapiro, have promoted the protest and shared links to fund-raising sites that have collected millions of dollars. American anti-vaccine groups have also begun forming local wings of the movement and have urged truckers in the United States to adopt the tactics in Canada.”

The US organizers are now calling it “the People’s Convoy“. They have formed Telegram encrypted channels to use for building support in multiple states. The group says it’s working with two other groups: Freedom Fighter Nation and Restore Liberty, whose founders are closely tied to right wing politics. They include Leigh Dundas, founder of the Freedom Fighter Nation. She gave a speech in DC on the eve of the Jan. 6 Capitol Hill insurrection, claiming it would be “within our rights” to murder “alleged American turncoats” who interfered with the 2020 election.

She seems nice.

Trucker protest convoys have become a rallying cry for far-right and anti-vaccine groups around the world. They seem to be gathering strength from growing Covid fatigue, something that is nearly universal in the developed world.

Their message is that “government has been overreaching for too long, and we’re not going to take it anymore”. They’re expressing an old, bad idea: That individual freedom cannot be limited by government.

Let’s spend a minute on whether freedom and democracy are compatible. “Freedom” normally means freedom of the individual while democracy is a communitarian concept. Democracy is a system of government while freedom is about either not being governed or being governed as lightly as possible.

But a society without democracy would be autocracy or worse. With no government, it would be anarchy. And a society without freedom couldn’t possibly be a democracy. So maybe the question isn’t whether they are compatible, but whether each is a co-requisite for the other to exist.

Elizabeth Anker in the NYT opined on the changing nature of the language of freedom, saying that many political actors are using the concept of freedom to justify anti-democratic politics. She calls them the “ugly freedoms”. In American politics they increasingly justify minority rule, prejudice, and anti-democratic governance. And their popularity is growing.

This is highly relevant to the impending trucker convoys and how we think about “free speech” and the rights of non-experts to try and force their opinions on the majority. Perhaps the alternative to the ugly freedoms should be our beautiful freedoms, like the Bill of Rights, or the Voting Rights Act of 1965.

A third of Americans make up their own facts, so we’re bound to hear a few lies expresed as truth. These same people believe they don’t have to consider what’s happening in their communities. They think opinions are equal to facts. They get angry enough to threaten violence or to commit violence.

Many of them, despite outward tough guy appearances, are simply too soft mentally and emotionally. Life can often be harder than we want it to be. Sometimes, you’ve got to do what’s good for society, not just what’s good for you.

OTOH, these trucker rallies could conceivably draw support from others who are angry at governments at all levels. Think about restaurant workers, first responders and all of the “essential’ employees who have been unevenly impacted by Covid.

Think of it as the laptop workers vs. those who have to leave the house to earn a living. They each have experienced Covid and the jobs crash in far different ways. If the trucker protest casts a wide net, it will rope in small business owners and parents who are angry that their children have lost so much when schools were closed.

There’s plenty of anger fermenting out there.

Going back to Wrongo’s US Army days, you weren’t required to like everyone in your platoon, but duty demanded you bear the responsibility of fighting beside and for them. That was considered patriotic. Once we had the ability to pull together and sacrifice in the midst of national crisis. Now it’s everyone for themselves.

On Jan. 6, the right of free speech produced lies that led people to commit federal crimes. That’s the downside of the Bill of Rights: An individual has a protected right to lie to the public. We see many career politicians and social media entrepreneurs lie every day.

Assuming that there are protests in the US in coming weeks, Biden will face the same dilemma as Canada’s Prime Minster Trudeau faces now. Will Biden demonize the truckers? Will he listen to their grievances?

The shift of emphasis in America from an expanding democracy with protected individual rights/freedoms to an ad hoc (and sometimes illogical) version of freedom is what may create a failed American state.

It’s a movement that’s long on energy, and short on facts and judgment.

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Biden’s Economy is Booming

The Daily Escape:

Sunrise with moon, Utah Lake, UT – December 2021 photo by Karen Lund Larsen

Bloomberg reported on Monday that the US economy is outperforming the world by the biggest margin in the 21st century. Surprisingly, they say that there’s a good reason:

“America’s economy improved more in Joe Biden’s first 12 months than any president during the past 50 years…”

They say that the objective economic data are pretty convincing about the Biden Boom of 2021, notwithstanding the contrary media narrative that seems to be driving poor public opinion. Biden is either in first place compared to recent American presidents, or at number 2 on all the big economic indicators, says Bloomberg’s Matt Winkler:

“Exceptional returns…especially the S&P 500 Index in both absolute terms and relative to its global counterparts, can be attributed to record-low debt ratios enabling companies to reap the biggest profit margins since 1950. Corporate America is booming because the Biden administration’s Covid-19 vaccination programs and $1.9 trillion American Rescue Plan reduced the jobless rate to 4.2% in November from 6.2% in February, continuing an unprecedented rate of decline during the Covid-19 pandemic.”

Also, inflation-adjusted GDP surged at an average annual rate of 5.03% in each of the first three quarters of 2021 and is poised to hit 5.6% for the year based on the preliminary estimates of more than 80 economists surveyed by Bloomberg. If that forecast holds up, it would be more than 2.8 times the average performance between 2000 and 2019. And double the average since 1976.

More from Bloomberg:

“All of which makes Biden’s first year in the White House the standout among the seven previous presidents, based on ten market and economic indicators given equal weight. According to data compiled by Bloomberg, no one comes close to matching Biden’s combination of No. 1 and No. 2 rankings for each of the measures:

Gross domestic product (1)

Profit growth (1)

S&P 500 performance (2)

Consumer credit (1)

Non-farm payrolls (2)

Manufacturing jobs (2)

Business productivity (2)

Dollar appreciation (2)

S&P 500 relative performance (2)

Per capita disposable income, which rose 1.08% this year, is the only comparable weakness for Biden, trailing Donald Trump’s 2.17%, George W. Bush’s 2.01%, Jimmy Carter’s 1.80% and Ronald Reagan’s 1.42%.”

GDP growth in year one of each new administration during the past four decades had never exceeded 2.74% until 2021. Bloomberg goes on to say that Biden might surpass Carter (5.01%) as the GDP growth champion of presidents since 1976.

Much of the credit goes to The American Rescue Plan, which poured $66 billion into 36 million households. The child tax credit reduced the child poverty rate by 50%, helping the US recover faster from the pandemic than most other nations.

That’s the same child tax credit that just expired, and that Sen. Joe Manchin is vociferously against.

The downside to those record corporate profits is that they are not being shared with workers. We know that in 2021 economic inequality got considerably worse, even with Biden’s recovery act putting $ billions in the pockets of American families.

Like Jimmy Carter, Biden now faces the political fallout of accelerating inflation. The NYT’s Neil Irwin wrote about how high inflation and  the never-ending pandemic are depressing Americans’ attitudes about the economy. He adds that it’s easy to recall Carter’s inability to deal with inflation in the 1970s, until the Fed’s Paul Volcker threw the economy into a deep recession. Back then, Carter took the political fall for the Volcker policy. Reagan got full credit for the recovery.

Once again, fear of inflation is everywhere in the press, but as Wrongo wrote:

“Back in 1980, when then-Chair of the Federal Reserve Paul Volcker raised interest rates high enough to throw the US into a recession and end inflation, inflation had averaged 6.9% for the previous 11 years.”

And while inflation’s averaging 6.81% for this year, it isn’t comparable, because of the amazing growth in US GDP and corporate profits, along with the chronic product shortages due to supply chain issues.

But contrast today to December 1981, when Reagan had been president for 11 months, just as Biden is now. Conditions were substantially worse: The unemployment rate was 8.5% and would keep rising throughout 1982. Inflation was 8.9%, and consumer sentiment was in the tank.

People believe what they’re told by the press and pundits. That in part explains Biden’s low approval ratings, along with the GOP’s master class of blaming Biden for a disastrous economy that was really caused by Trump’s inaction on Covid.

Keep all this in mind. Overall, Biden’s doing a very good job with the economy.

Time for another Christmas season tune. Here’s a group of UK theater performers called Welsh of the West End performing the Mariah Carey classic, “All I Want for Christmas is You” on a zoom call. Perfectly appropriate for Christmas with Omicron:

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Sunday Cartoon Blogging – October 24, 2021

Last Friday, Wrongo and Ms. Right got their Covid booster shots. It’s a sample of one, but at our local drugstore here in a very conservative part of Connecticut, there was a line to get shots. Some were there for their first vaccinations, but most were waiting for a booster. There’s never a line around here for anything, except when the lobster food truck rolls into town.

But sadly, this isn’t the story for the rest of the country, particularly for cops and heath care workers. Some are saying that the vaccine mandates do little. But health workers who don’t really believe in science are leaving the job. And cops who don’t really care about public safety are leaving policing. Sounds like mandates are working just fine. On to cartoons.

Mandates are nothing new:

Most Republicans want boosters:

Texas got two new districts. Then the GOP redrew urban districts so that incumbent minority congresspeople are now running against each other:

One of our two political parties thinks that elections shouldn’t be the basis for choosing our representatives. That means democracy doesn’t matter to them anymore. They say it’s because there’s too much voter fraud, and no one can trust the result of any election now, anywhere.

So, the Dems think the next step is to change the Senate rules, modifying the filibuster. That would pave the way to pass the Protect the Vote Act. But there’s real danger that when the Republicans inevitably regain the majority, they will change that law to whatever the next Trump-like Republican leader wants voting rights to be. Could it be that Republicans are blocking the bill, not just to deny voting rights to minorities, but to lure the Democrats into changing the filibuster?

The economic ship sails on, and 40 years later, there’s zero thought to changing the message:

Biden compromises on the social spending bill. Still, it’s not certain to pass:

If only there was a solution to our supply chain problems:

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We’d Better Build Back

The Daily Escape:

Sunset, Herring Cove, Provincetown MA – October 18, 2021, photo by Karen Riddett

“Men must either govern or be governed.”   ̶  Elihu Root, 1912 Nobel Peace Prize Winner

Wrongo has never cared for Biden’s “Build Back Better” slogan. He prefers “We’d Better Build Back.” The focus should be on what could happen if we remain on the track favored by Sens. Manchin and McConnell, along with McConnell’s Republican colleagues.

We’d better build back from the wreckage of the Trump presidency. We’d better build back from the wreckage caused by Congressional inaction for the past 20+ years.

Wrongo is currently reading “Wildland, The Making of America’s Fury” by Evan Osnos, journalist at the New Yorker. Osnos says in the Prologue, (pg. 13) that September 11, 2001, and January 6, 2021, were two cataclysmic events in American history, and that the intervening 20 years was: (emphasis by Wrongo)

“…a period in which Americans lost their vision for the common good, the capacity to see the union as larger than the sum of its parts. A century and a half after the Civil War, America was again a cloven nation. It’s stability was foundering on fundamental tensions over the balance between individual freedom and the protection of others, over the reckoning with injustice, and over a basic test of any political society: Whose life matters?”

Umair Haque makes the importance of building back clear in a way that only someone living abroad can:

“America has the rich world’s lowest quality of life, by a long way — after all, Americans will die 5–10 years younger than Spaniards or Germans, but even that understates the issue. It is uniquely a dismal life: nowhere else do we see opioid epidemics, kids massacring one another at schools, having “active shooter drills…”

Haque points out that the fundamentals of a decent life: A living wage, universal access to healthcare, affordable education and housing, and a secure retirement are no longer within reach for the average American.

That’s why we’d better build back.

Step one is to deal with the threats to democracy. We will soon know if the Democrats can actually rouse themselves from their Republican-lite slumbers to pass the Freedom to Vote Act to help get this done.

Step two is to pass the Build Back Better Act, Biden’s social spending bill. It’s now clear that the bill will need to shrink in order to pass. And like the House and Senate, America doesn’t agree on which of its big-ticket items are most important, but shrinkage is on the agenda.

The bill has remained popular in the polls. One thing that’s clear from public surveys: People want to pay for the bill by taxing the rich.

Vox and Data for Progress poll, conducted between October 8-12, found that 71% of voters support raising taxes on the wealthiest 2% of Americans to pay for the bill. Eighty-six percent of Democrats and 50% of Republicans back that idea. Other tax provisions that could be included in the bill, like tax increases on corporations and capital gains, were supported by more than 65%. Increasing corporate taxes is Wrongo’s preferred policy approach to raising revenues.

Vitally important to the job of building a better country is the proposed new spending on health care, long-term care, childcare, and clean-energy jobs. These ideas are supported by 63% of voters in the poll.

The wisdom of the framers has given us an unrepresentative Senate. That unrepresentative Senate has given us the filibuster, which can be changed, but apparently not by our current Democratic Senators.

And despite its popularity, Biden’s social spending bill won’t be passed in its present form until Joe Manchin and Krysten Sinema get what they want removed from it. A real question is whether we have moderate Democrats or just mediocre Democrats who are willing to kill democracy as we know it for some phony principle.

But you can bet it’s not just Manchin and Sinema. There are at least 8-10 other Democratic Senators with substantial bases of wealthy contributors who feel the same pressures and are perfectly happy to have the whole package scaled down, delayed, and possibly killed.

This brings us to step three. Elect better Senators, but how? We were taught in school that in a democratic republic, you get the politicians that the voters (or at least those people who are allowed to vote) want.

This means we need better voters.

How do we get them? It’s hard to know how to do that, except you know, PASS THE FREEDOM TO VOTE ACT!

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Americans Die Earlier Than Europeans

The Daily Escape:

The Barber Pole, Vermillion Cliffs National Monument, AZ – May 2021 photo by Dave Coppedge

Derek Thompson in The Atlantic says that America has a death problem:

“According to a new working paper released by the National Bureau of Economic Research, Americans now die earlier than their European counterparts, no matter what age you’re looking at.”

Covid deaths are excluded from the study.

Before the 1990s, average life expectancy in the US was not much different than it was in Germany, the United Kingdom, or France. But since the 1990s, American life spans leveled off, and then fell behind those in similarly wealthy European countries.

We started hearing about America’s declining longevity when Anne Case’s and Angus Deaton’s 2015 study showed that White mortality in the US was rising. They called the new trend “deaths of despair”, caused by increased deaths by suicide, drug overdose and liver disease associated with alcohol.

Now, the bad trend has spread to all Americans:

“Compared with Europeans, American babies are more likely to die before they turn 5, American teens are more likely to die before they turn 20, and American adults are more likely to die before they turn 65. At every age, living in the United States carries a higher risk of mortality.”

The study collected data on American life spans by ethnicity and by income at the county level, and compared the data to those of European countries, locality by locality, allowing for direct comparisons. It explodes the myth about America having the best medical outcomes.

More from Thompson:

“Americans are more likely to kill one another with guns, in large part because Americans have more guns than residents of other countries do. Americans die more from car accidents, not because our fatality rate per mile driven is unusually high but because we simply drive so much more than people in other countries.”

Americans also have higher rates of death from infectious disease and pregnancy complications. And all of this is over and above our terrible Covid death rate.

One reason for the differences in mortality is that unlike Europe, America doesn’t have a robust public health system. These systems are at their core, a multidisciplinary delivery of services in our towns and cities that work to solve health problems before they require hospitalizations.

The US public health system has significant gaps in capability and delivery. It is both fragmented, and weak politically. The politicization of public health in the Covid crisis has caused some local public health officials to quit or retire. Some have been physically threatened just for doing their jobs. Approximately 1 in 6 public health officials have left their jobs in the past 18 months.

By contrast, our European peers have robust public health service delivery in most locations.

The researchers found some significant findings. First, Europe’s mortality rates do not vary much between rich and poor communities. Residents of the poorest parts of France live about as long as people in the rich areas around Paris. From the study:

“Health improvements among infants, children, and youth have been disseminated within European countries in a way that includes even the poorest areas…”

Second, White Americans living in the richest 5% of counties still die earlier than Europeans in low-poverty areas:

“It says something negative about the overall health system of the US that even after we grouped counties by poverty and looked at the richest 10th percentile, and even the richest fifth percentile, we still saw this longevity gap between Americans and Europeans…”

The study also shows that Europeans in impoverished areas seem to live longer than Black or White Americans in the richest 10% of counties.

Third, America has a surprising US longevity success story: In the three decades before Covid, average life spans for Black Americans surged, in rich and poor areas, and across all ages. As a result, the Black-White life-expectancy gap decreased by almost half, from seven years to 3.6 years.

The study credits the Medicaid expansion in the 1990s, which covered pregnant women and children and likely improved Black Americans’ access to medical treatments. The expansion of the earned-income tax credit and other financial assistance have gradually reduced poverty. Air pollution reduction is also a factor. Black Americans have been more likely than White Americans to live in more-polluted areas, but air pollution has declined more than 70% percent since the 1970s, according to the EPA.

Let’s give the last word to Derek Thompson: (emphasis by Wrongo)

“For decades, US politicians on the right have resisted calls for income redistribution and universal insurance under the theory that inequality was a fair price to pay for freedom. But now we know that the price of inequality is paid in early death—for Americans of all races, ages, and income levels. With or without a pandemic, when it comes to keeping Americans alive, we really are all in this together.”

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American Rescue Plan: A Bold Bet by Biden

The Daily Escape:

Jay Peak, VT – photo by Alan Baker

Today, Wrongo listened to a NYT podcast that tried to dissect “Republican Populism”. Based on the American Rescue Plan that is about to become law, no one should EVER again say that the GOP are populists, except in the demagogic sense.

Long-time blog reader David P. called yesterday to alert Wrongo to Steve Rattner’s appearance on Morning Joe. Wrongo never watches morning television, so he would have missed the charts Rattner used to compare Trump’s Tax Cuts and Jobs Act to Biden’s American Rescue Plan. They are important:

The two bills are nearly the same size, but Trump’s plan on the left above shows that 85% of the benefits from Trump’s plan were tax cuts for businesses and people making more than $75k/year. Just 16% went to people making less than $75k.

Biden’s American Rescue Plan (on the right above) gives 52% of its benefits to individuals making LESS than $75k, of which, 8% is in the form of tax cuts for dependent children. Biden’s plan also spends $1.75 Trillion on attempting to return the American economy to pre-pandemic normalcy.

Rattner’s next slide shows where each plan’s benefits went by income level:

This bar chart divides America by income bracket. The blue bars are Biden’s plan, and the red bars are Trump’s plan. Starting from the left, Biden’s plan provides 23% of the overall benefit to people in the bottom 20% income, while Trump’s plan gave them just 1%. Instead, Trump’s plan gave 65% of the benefits to the top 20%, while Biden’s gives them just 11%, mostly in the form of the $1,400 checks.

It’s easy to see which bill has helped the rich, and which did not. A key Republican talking point in the past few weeks was that the American Rescue plan isn’t focused enough on the pandemic. Yet when Trump and the Republicans had their chance, they showed themselves to be the same old plutocrats.

A key difference between the two Parties:

The CARES Act was a Republican accident. They got scared, and when the Republicans are scared, they’ll flirt with doing the right thing for self-preservation.

The America Rescue plan is a big win for Biden and the Democrats. When signed, it gives more than just cash to American families. It makes Obamacare more affordable for more people. It  provides $27 billion in rental assistance and much-needed help to cities and states, and it establishes a child allowance of $3000-$3600, which could become permanent down the road.

It doesn’t contain the $15 an hour minimum wage provision, but compared to previous big pieces of Democratic legislation, like Clinton’s 1993 tax bill or Obama’s 2009 ACA, despite the American Rescue plan’s huge price tag, it passed relatively easily. And just like those two earlier bills, no Republicans voted for it.

Let’s hope that the media continue to describe all of the things Republicans hate in the bill. Who gets what and when, and how, down to the last Biden buck. That they continue to talk about Republican consternation about the deficit and how we pay for it all.

Republicans today have zero ideology. For decades, tax cuts were their preferred economic tool. Tax cuts also caused revenue shortfalls for the government, who would then be unable to offer more safety net programs for the middle and working classes. A Republican delight!

Progressive Democrats believed that putting money in the hands of working people and the poor would be a better economic stimulus because it provided material support to people who needed it.

That’s Biden’s plan.

Progressives want to make things better; conservatives want to maintain the status quo. Progress is usually a good thing, but it isn’t a baseline premise for both Parties.

Reagan turned “liberal” into an epithet. Modern Republicans are doing the same with “progressive.” That will be a hard sell if progressives are bringing jobs and a measure of economic security to hometowns across America, while all the Republicans have to offer is “Look what the progressives did to Mr. Potato Head!

They will always have the cultural issues, real or imagined, to run on.

But on economic issues, the whole “progressive wish list” compliant from the Republicans is pretty weak tea, when they’re unwilling to vote for anything.

Biden and the Democrats are making a big net on progressive, Democratic ideology. It will be exciting to see how it works. And all of it is going to be popular.

 

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The Coming Eviction Tsunami

The Daily Escape:

Sunset, Northern CO near WY border – 2020 photo by Maxwell_hau5_caffy. Note the beetle kill.

On Monday, the Republicans released their latest coronavirus stimulus package, the so-called HEALS Act. HEALS stands for Health, Economic Assistance, Liability Protection and Schools.

We know that it drastically reduces unemployment assistance, but it also doesn’t include an extension of the federal eviction moratorium. Last Friday, the federal moratorium on evictions in properties with federally backed mortgages and for tenants who receive government-assisted housing expired.

They should have called it the Republican HEELS Act.

Since Republicans want to cut the amount of federal enhanced unemployment insurance from $600/week to $200/week, it’s likely that many fewer Americans will be able to make their rent payments.

Housing advocates had been pushing for at least $100 billion in rental assistance, as well as a uniform, nationwide eviction moratorium. According to the COVID-19 Eviction Defense Project, we may be looking at something like 19 to 23 million, or 1 in 5 people living in renter households could be at risk of eviction by October.

But that may be optimistic. CNBC published this map of potential evictions by state, based on an analysis by global advisory firm Stout Sirius Ross. It shows the percentage of renters in each state that could face eviction:

For example, 59% of renters in West Virginia (highest) are at risk of eviction, compared to 22% in Vermont (lowest).

The average number for the US is about 43% of tenants are at risk of eviction. That equates to 17.6 million households. The study estimates that there will be 11.9 million eviction filings in the next four months. They think that there will be two million evictions filed in both August and September, leaving 8 million for October and November.

Let’s have a thought experiment. The study assumes that there will be two million evictions filed in both August and September, and another four million in each of the following two months.  Let’s stipulate that each household averages 2.5 humans.

August: 2 million evictions equals 5 million homeless

September: 2 million evictions equals 5 million homeless

October: 4 million evictions equals 10 million more homeless

That totals 20 million people who are casting about for shelter as the cold weather hits the US, with another 10 million to come in November, for 30 million total.

This is an apocalypse.

An important consideration is that perhaps as many as 7 million of them may be registered voters who will be disenfranchised in November, since they no longer live at the address where they are registered.

Think about what’s coming from this change to the Republican bill: Millions of people will be realizing that they have absolutely nothing left to lose, people who feel as though there’s no way out. Then they find they are suddenly ineligible to vote.

2020 has forced our eyes open. All generations that are younger than the Boomers already feel as though any opportunity they had for a sound future has been stolen. In the midst of a global pandemic, they’ve seen Washington deny them healthcare, a safety net, and fritter away most of the societal stability they had.

So where are we heading?

If evictions occur on a grand scale, we’ll be in uncharted waters. It’s not just people being thrown out on the street, there’s no one else moving in. Residential landlords with no tenants face a dilemma, the same situation that has already affected commercial landlords: Few tenants and those who remain are looking for lower rents. When residential properties in the cities become vacant because of eviction or other reasons, and nobody is around to move in, what happens?

Squatting is likely. Carving residences into smaller and smaller units was common during the Depression, and that’s likely to happen again. Our biggest problem is that there is no obvious way to get America off the current Road to Ruin. DC is a disaster on all fronts.

Once the pandemic emergency is past, we will understand the extent to which the rich and politically well-connected have been taken care of, while the poor have largely been destroyed.

We’ve learned beyond a shadow of a doubt how political action, including $multi-trillion bailouts can be mobilized quickly for the right class of people, while helping the rest of us can be dismissed out of hand.

Same old story in America.

What can/should Biden do to change this?

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Will the Demonstrations Lead to a Wave Election?

The Daily Escape:

Lenticular clouds over Utah Lake, UT – 2020 photo by jephriB. It’s Utah’s largest freshwater lake.

One thing that is giving Wrongo hope amongst the (mostly) negative voices about the protests against police violence is how universal these protests have become. People have protested in all 50 states and DC, including in hundreds of smaller towns and cities that have not been in the spotlight during previous nationwide protests.

On Sunday, our little town of 25,000 had a demonstration supporting Black Lives Matter. Here are a few photos:

Photo by Pame Ortega

Photo by Pame Ortega

There seems to be something happening on the ground that may have electoral implications in November. Wrongo’s home town is in a very conservative part of Connecticut. It voted 75% for Trump in 2016, and is 94% non-Hispanic White. The town Facebook page is a cesspool of right wing comments. Yet the march was well-attended, and the marchers skewed young, white and female. It was completely peaceful:

Photo by Pame Ortega

The speakers on the town green included politicians, police, local clergy and rally organizers.

Wrongo has regularly scheduled Monday morning meetings with the town’s mayor, a conservative Republican. The mayor had attended the march, and we spoke in passing about the demonstration. He was pleased by the strong attendance, and was happy with the response by his police, fire and public works departments. He was also happy to see peaceful engagement by the citizenry.

Are things changing in America?

The WaPo reports that the closer someone lives to a protest, the more likely it is to change their vote. Moreover, protests influence not just election turnout, but also what types of issues rise to the top of party platforms, and who gets elected to local, state and federal offices.

Demo Memo reports that most Americans believe in the right to protest, but a surprisingly small share of the public has ever demonstrated. According to a 2018 Gallup survey, just 36% of adults have ever felt the urge to organize or join a public demonstration. That is much higher than it was during the fractious 1960s. In 1965 when Gallup asked the same question, only 10% of Americans said they had ever felt like organizing or joining a protest.

What’s driving the change in the willingness to demonstrate? Maybe it’s the growing polarization of our society. Or perhaps our growing diversity and the relative youth of our population are behind the change.

WaPo also shows that young people in the outer suburbs and small towns are becoming less conservative. They report that statistical analyses suggest that rural voters age 18 to 29 went from supporting Donald Trump by a 17-point margin in 2016 to supporting Democratic congressional candidates by an eight-point margin in 2018. Votes by their older neighbors (40s and older) barely budged.

Even the smallest cities have shifted leftward in recent years.

We’re in a new era. First, COVID-19 brought home to us who were the truly essential members of the American workforce, and how many of them were minorities. Now, we’re seeing first-hand how those same people are forced to live, and how they’re mistreated by our police and by American society at large.

As they say, you can’t unsee this.

Much of what is working to bring about change is the Black Lives Matter movement, which has been an organizing force working on these issues at least since 2014. Add to that, white suburban disgust with Trump and his goon-like behavior around both the pandemic and the protests.

It has become clear to white people that Trump would have zero issues with shooting them in the street, beating them, or pepper spraying them, or turning dogs on them.

And when most families are spending concentrated time at home together, their kids are asking them unanswerable questions.

The only answers are at the ballot box. Vote for change in the White House, the Senate, in your statehouse, your county seat, at city hall and on your school board.

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