#historic tax credits
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metamatar · 5 days ago
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some of you are being outflanked from the left by the jacobin. lol.
For many loyal Democrats, this will not compute. The Biden economy, party-loyal pundits have said over and over again, is tremendous — low unemployment, strong GDP growth, slowing inflation, a booming stock market — and anyone unhappy about it must simply be brainwashed. Out of view in this self-congratulatory hall of mirrors were the constant statistics that said otherwise: evictions up past pre-pandemic levels, record-high homelessness, cost-burdened renters at an all-time high, median household income lower than the last pre-pandemic year, inequality returning to pre-pandemic levels, and food insecurity and poverty growing by large double digits since 2021, including a historic spike in child poverty. Here’s another thing you might not have heard. Largely due to a trick of history, including the COVID-19 pandemic and a Democratic-controlled Congress, Trump was partly responsible for the creation of what the New York Times called “something akin to a European-style welfare state” in 2020 that reduced inequality and even helped some Americans improve their finances for a short spell — and under Biden, all of it went away. Sometimes that happened due to factors outside Biden’s control and sometimes because of his own decisions, but it always took place with little fight from the president, and it contributed to the ominous rise in hardship under his tenure. That meant not only adding to people’s already onerous monthly expenses — in one case in a self-imposed October surprise that made student loan repayment much more unforgiving for tens of millions of borrowers just before voting. It also saw twenty-five million people being thrown off their public health insurance, many of them in some of the battleground states Harris lost last night. Recall that one of Biden’s attack lines against Trump four years ago was that Trump was going to strip twenty million people of their health insurance. This might have been mitigated had the president passed the flagship policies on his agenda, helping people weather the storm of rising living costs. Those that he did enact he sometimes self-sabotaged. (...)
As a result, Harris’s run was a major downgrade from the 2020 Democratic effort. Biden’s never-passed ambitions to historically expand the social safety net became firmly relegated to distant memory, never to be revived; only the child tax credit and a modest expansion of Medicare benefits survived. The campaign combined a sharp rightward lurch on foreign policy and immigration with a handful of laudable populist proposals to ban price gouging and help out first-time homebuyers (while largely avoiding the national 5 percent rent cap that Biden desperately took on before dropping out and that had earlier made its way into the Democratic platform). Beyond the Medicare proposal and vague promises to protect and strengthen Obamacare, the idea of reforming the broken US health care system — one of Americans’ biggest and most anxiety-inducing costs — was almost entirely absent from the campaign. When voters in a Univision town hall came to Harris with their bleak personal stories of suffering under the health care system and asked how she would solve them, she could give them nothing, because her only real major health care policy was for those over sixty-five and already insured under Medicare.
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mostlysignssomeportents · 8 months ago
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Your car spies on you and rats you out to insurance companies
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I'm on tour with my new, nationally bestselling novel The Bezzle! Catch me TOMORROW (Mar 13) in SAN FRANCISCO with ROBIN SLOAN, then Toronto, NYC, Anaheim, and more!
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Another characteristically brilliant Kashmir Hill story for The New York Times reveals another characteristically terrible fact about modern life: your car secretly records fine-grained telemetry about your driving and sells it to data-brokers, who sell it to insurers, who use it as a pretext to gouge you on premiums:
https://www.nytimes.com/2024/03/11/technology/carmakers-driver-tracking-insurance.html
Almost every car manufacturer does this: Hyundai, Nissan, Ford, Chrysler, etc etc:
https://www.repairerdrivennews.com/2020/09/09/ford-state-farm-ford-metromile-honda-verisk-among-insurer-oem-telematics-connections/
This is true whether you own or lease the car, and it's separate from the "black box" your insurer might have offered to you in exchange for a discount on your premiums. In other words, even if you say no to the insurer's carrot – a surveillance-based discount – they've got a stick in reserve: buying your nonconsensually harvested data on the open market.
I've always hated that saying, "If you're not paying for the product, you're the product," the reason being that it posits decent treatment as a customer reward program, like the little ramekin warm nuts first class passengers get before takeoff. Companies don't treat you well when you pay them. Companies treat you well when they fear the consequences of treating you badly.
Take Apple. The company offers Ios users a one-tap opt-out from commercial surveillance, and more than 96% of users opted out. Presumably, the other 4% were either confused or on Facebook's payroll. Apple – and its army of cultists – insist that this proves that our world's woes can be traced to cheapskate "consumers" who expected to get something for nothing by using advertising-supported products.
But here's the kicker: right after Apple blocked all its rivals from spying on its customers, it began secretly spying on those customers! Apple has a rival surveillance ad network, and even if you opt out of commercial surveillance on your Iphone, Apple still secretly spies on you and uses the data to target you for ads:
https://pluralistic.net/2022/11/14/luxury-surveillance/#liar-liar
Even if you're paying for the product, you're still the product – provided the company can get away with treating you as the product. Apple can absolutely get away with treating you as the product, because it lacks the historical constraints that prevented Apple – and other companies – from treating you as the product.
As I described in my McLuhan lecture on enshittification, tech firms can be constrained by four forces:
I. Competition
II. Regulation
III. Self-help
IV. Labor
https://pluralistic.net/2024/01/30/go-nuts-meine-kerle/#ich-bin-ein-bratapfel
When companies have real competitors – when a sector is composed of dozens or hundreds of roughly evenly matched firms – they have to worry that a maltreated customer might move to a rival. 40 years of antitrust neglect means that corporations were able to buy their way to dominance with predatory mergers and pricing, producing today's inbred, Habsburg capitalism. Apple and Google are a mobile duopoly, Google is a search monopoly, etc. It's not just tech! Every sector looks like this:
https://www.openmarketsinstitute.org/learn/monopoly-by-the-numbers
Eliminating competition doesn't just deprive customers of alternatives, it also empowers corporations. Liberated from "wasteful competition," companies in concentrated industries can extract massive profits. Think of how both Apple and Google have "competitively" arrived at the same 30% app tax on app sales and transactions, a rate that's more than 1,000% higher than the transaction fees extracted by the (bloated, price-gouging) credit-card sector:
https://pluralistic.net/2023/06/07/curatorial-vig/#app-tax
But cartels' power goes beyond the size of their warchest. The real source of a cartel's power is the ease with which a small number of companies can arrive at – and stick to – a common lobbying position. That's where "regulatory capture" comes in: the mobile duopoly has an easier time of capturing its regulators because two companies have an easy time agreeing on how to spend their app-tax billions:
https://pluralistic.net/2022/06/05/regulatory-capture/
Apple – and Google, and Facebook, and your car company – can violate your privacy because they aren't constrained regulation, just as Uber can violate its drivers' labor rights and Amazon can violate your consumer rights. The tech cartels have captured their regulators and convinced them that the law doesn't apply if it's being broken via an app:
https://pluralistic.net/2023/04/18/cursed-are-the-sausagemakers/#how-the-parties-get-to-yes
In other words, Apple can spy on you because it's allowed to spy on you. America's last consumer privacy law was passed in 1988, and it bans video-store clerks from leaking your VHS rental history. Congress has taken no action on consumer privacy since the Reagan years:
https://www.eff.org/tags/video-privacy-protection-act
But tech has some special enshittification-resistant characteristics. The most important of these is interoperability: the fact that computers are universal digital machines that can run any program. HP can design a printer that rejects third-party ink and charge $10,000/gallon for its own colored water, but someone else can write a program that lets you jailbreak your printer so that it accepts any ink cartridge:
https://www.eff.org/deeplinks/2020/11/ink-stained-wretches-battle-soul-digital-freedom-taking-place-inside-your-printer
Tech companies that contemplated enshittifying their products always had to watch over their shoulders for a rival that might offer a disenshittification tool and use that as a wedge between the company and its customers. If you make your website's ads 20% more obnoxious in anticipation of a 2% increase in gross margins, you have to consider the possibility that 40% of your users will google "how do I block ads?" Because the revenue from a user who blocks ads doesn't stay at 100% of the current levels – it drops to zero, forever (no user ever googles "how do I stop blocking ads?").
The majority of web users are running an ad-blocker:
https://doc.searls.com/2023/11/11/how-is-the-worlds-biggest-boycott-doing/
Web operators made them an offer ("free website in exchange for unlimited surveillance and unfettered intrusions") and they made a counteroffer ("how about 'nah'?"):
https://www.eff.org/deeplinks/2019/07/adblocking-how-about-nah
Here's the thing: reverse-engineering an app – or any other IP-encumbered technology – is a legal minefield. Just decompiling an app exposes you to felony prosecution: a five year sentence and a $500k fine for violating Section 1201 of the DMCA. But it's not just the DMCA – modern products are surrounded with high-tech tripwires that allow companies to invoke IP law to prevent competitors from augmenting, recongifuring or adapting their products. When a business says it has "IP," it means that it has arranged its legal affairs to allow it to invoke the power of the state to control its customers, critics and competitors:
https://locusmag.com/2020/09/cory-doctorow-ip/
An "app" is just a web-page skinned in enough IP to make it a crime to add an ad-blocker to it. This is what Jay Freeman calls "felony contempt of business model" and it's everywhere. When companies don't have to worry about users deploying self-help measures to disenshittify their products, they are freed from the constraint that prevents them indulging the impulse to shift value from their customers to themselves.
Apple owes its existence to interoperability – its ability to clone Microsoft Office's file formats for Pages, Numbers and Keynote, which saved the company in the early 2000s – and ever since, it has devoted its existence to making sure no one ever does to Apple what Apple did to Microsoft:
https://www.eff.org/deeplinks/2019/06/adversarial-interoperability-reviving-elegant-weapon-more-civilized-age-slay
Regulatory capture cuts both ways: it's not just about powerful corporations being free to flout the law, it's also about their ability to enlist the law to punish competitors that might constrain their plans for exploiting their workers, customers, suppliers or other stakeholders.
The final historical constraint on tech companies was their own workers. Tech has very low union-density, but that's in part because individual tech workers enjoyed so much bargaining power due to their scarcity. This is why their bosses pampered them with whimsical campuses filled with gourmet cafeterias, fancy gyms and free massages: it allowed tech companies to convince tech workers to work like government mules by flattering them that they were partners on a mission to bring the world to its digital future:
https://pluralistic.net/2023/09/10/the-proletarianization-of-tech-workers/
For tech bosses, this gambit worked well, but failed badly. On the one hand, they were able to get otherwise powerful workers to consent to being "extremely hardcore" by invoking Fobazi Ettarh's spirit of "vocational awe":
https://www.inthelibrarywiththeleadpipe.org/2018/vocational-awe/
On the other hand, when you motivate your workers by appealing to their sense of mission, the downside is that they feel a sense of mission. That means that when you demand that a tech worker enshittifies something they missed their mother's funeral to deliver, they will experience a profound sense of moral injury and refuse, and that worker's bargaining power means that they can make it stick.
Or at least, it did. In this era of mass tech layoffs, when Google can fire 12,000 workers after a $80b stock buyback that would have paid their wages for the next 27 years, tech workers are learning that the answer to "I won't do this and you can't make me" is "don't let the door hit you in the ass on the way out" (AKA "sharpen your blades boys"):
https://techcrunch.com/2022/09/29/elon-musk-texts-discovery-twitter/
With competition, regulation, self-help and labor cleared away, tech firms – and firms that have wrapped their products around the pluripotently malleable core of digital tech, including automotive makers – are no longer constrained from enshittifying their products.
And that's why your car manufacturer has chosen to spy on you and sell your private information to data-brokers and anyone else who wants it. Not because you didn't pay for the product, so you're the product. It's because they can get away with it.
Cars are enshittified. The dozens of chips that auto makers have shoveled into their car design are only incidentally related to delivering a better product. The primary use for those chips is autoenshittification – access to legal strictures ("IP") that allows them to block modifications and repairs that would interfere with the unfettered abuse of their own customers:
https://pluralistic.net/2023/07/24/rent-to-pwn/#kitt-is-a-demon
The fact that it's a felony to reverse-engineer and modify a car's software opens the floodgates to all kinds of shitty scams. Remember when Bay Staters were voting on a ballot measure to impose right-to-repair obligations on automakers in Massachusetts? The only reason they needed to have the law intervene to make right-to-repair viable is that Big Car has figured out that if it encrypts its diagnostic messages, it can felonize third-party diagnosis of a car, because decrypting the messages violates the DMCA:
https://www.eff.org/deeplinks/2013/11/drm-cars-will-drive-consumers-crazy
Big Car figured out that VIN locking – DRM for engine components and subassemblies – can felonize the production and the installation of third-party spare parts:
https://pluralistic.net/2022/05/08/about-those-kill-switched-ukrainian-tractors/
The fact that you can't legally modify your car means that automakers can go back to their pre-2008 ways, when they transformed themselves into unregulated banks that incidentally manufactured the cars they sold subprime loans for. Subprime auto loans – over $1t worth! – absolutely relies on the fact that borrowers' cars can be remotely controlled by lenders. Miss a payment and your car's stereo turns itself on and blares threatening messages at top volume, which you can't turn off. Break the lease agreement that says you won't drive your car over the county line and it will immobilize itself. Try to change any of this software and you'll commit a felony under Section 1201 of the DMCA:
https://pluralistic.net/2021/04/02/innovation-unlocks-markets/#digital-arm-breakers
Tesla, naturally, has the most advanced anti-features. Long before BMW tried to rent you your seat-heater and Mercedes tried to sell you a monthly subscription to your accelerator pedal, Teslas were demon-haunted nightmare cars. Miss a Tesla payment and the car will immobilize itself and lock you out until the repo man arrives, then it will blare its horn and back itself out of its parking spot. If you "buy" the right to fully charge your car's battery or use the features it came with, you don't own them – they're repossessed when your car changes hands, meaning you get less money on the used market because your car's next owner has to buy these features all over again:
https://pluralistic.net/2023/07/28/edison-not-tesla/#demon-haunted-world
And all this DRM allows your car maker to install spyware that you're not allowed to remove. They really tipped their hand on this when the R2R ballot measure was steaming towards an 80% victory, with wall-to-wall scare ads that revealed that your car collects so much information about you that allowing third parties to access it could lead to your murder (no, really!):
https://pluralistic.net/2020/09/03/rip-david-graeber/#rolling-surveillance-platforms
That's why your car spies on you. Because it can. Because the company that made it lacks constraint, be it market-based, legal, technological or its own workforce's ethics.
One common critique of my enshittification hypothesis is that this is "kind of sensible and normal" because "there’s something off in the consumer mindset that we’ve come to believe that the internet should provide us with amazing products, which bring us joy and happiness and we spend hours of the day on, and should ask nothing back in return":
https://freakonomics.com/podcast/how-to-have-great-conversations/
What this criticism misses is that this isn't the companies bargaining to shift some value from us to them. Enshittification happens when a company can seize all that value, without having to bargain, exploiting law and technology and market power over buyers and sellers to unilaterally alter the way the products and services we rely on work.
A company that doesn't have to fear competitors, regulators, jailbreaking or workers' refusal to enshittify its products doesn't have to bargain, it can take. It's the first lesson they teach you in the Darth Vader MBA: "I am altering the deal. Pray I don't alter it any further":
https://pluralistic.net/2023/10/26/hit-with-a-brick/#graceful-failure
Your car spying on you isn't down to your belief that your carmaker "should provide you with amazing products, which brings your joy and happiness you spend hours of the day on, and should ask nothing back in return." It's not because you didn't pay for the product, so now you're the product. It's because they can get away with it.
The consequences of this spying go much further than mere insurance premium hikes, too. Car telemetry sits at the top of the funnel that the unbelievably sleazy data broker industry uses to collect and sell our data. These are the same companies that sell the fact that you visited an abortion clinic to marketers, bounty hunters, advertisers, or vengeful family members pretending to be one of those:
https://pluralistic.net/2022/05/07/safegraph-spies-and-lies/#theres-no-i-in-uterus
Decades of pro-monopoly policy led to widespread regulatory capture. Corporate cartels use the monopoly profits they extract from us to pay for regulatory inaction, allowing them to extract more profits.
But when it comes to privacy, that period of unchecked corporate power might be coming to an end. The lack of privacy regulation is at the root of so many problems that a pro-privacy movement has an unstoppable constituency working in its favor.
At EFF, we call this "privacy first." Whether you're worried about grifters targeting vulnerable people with conspiracy theories, or teens being targeted with media that harms their mental health, or Americans being spied on by foreign governments, or cops using commercial surveillance data to round up protesters, or your car selling your data to insurance companies, passing that long-overdue privacy legislation would turn off the taps for the data powering all these harms:
https://www.eff.org/wp/privacy-first-better-way-address-online-harms
Traditional economics fails because it thinks about markets without thinking about power. Monopolies lead to more than market power: they produce regulatory capture, power over workers, and state capture, which felonizes competition through IP law. The story that our problems stem from the fact that we just don't spend enough money, or buy the wrong products, only makes sense if you willfully ignore the power that corporations exert over our lives. It's nice to think that you can shop your way out of a monopoly, because that's a lot easier than voting your way out of a monopoly, but no matter how many times you vote with your wallet, the cartels that control the market will always win:
https://pluralistic.net/2024/03/05/the-map-is-not-the-territory/#apor-locksmith
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Name your price for 18 of my DRM-free ebooks and support the Electronic Frontier Foundation with the Humble Cory Doctorow Bundle.
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If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/03/12/market-failure/#car-wars
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Image: Cryteria (modified) https://commons.wikimedia.org/wiki/File:HAL9000.svg
CC BY 3.0 https://creativecommons.org/licenses/by/3.0/deed.en
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a-queer-seminarian · 4 months ago
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I made these charts to provide an easy reference guide for comparing the four Gospels! Feel free to share around wherever.
I think tumblr's crunching up these images so visit here for crisper versions (plus they're table format instead of png format).
Alt text version is under the readmore, necessarily formatted slightly differently but with all the same info.
TEXT ONLY / NON CHART VERSION:
Images show two charts, each credited to Avery Arden with a note that the material largely derives from the abridged version of Raymond E. Brown's An Introduction to the New Testament.
Chart 1: Comparing the Gospels, Part 1 – historical context
Mark
When: 
Late 60s/early 70s
Who:
Jewish
Multi-lingual — peppers Aramaic into the Greek
Where:
Rome or Syria (clearly unfamiliar with Palestinian geography)
To whom:
Mainly to Gentiles new to Christianity who were experiencing persecution
Priorities:
Encourage audience and show them how their suffering fit into Jesus’ vision of the Kingdom of God
Matthew:
When: 
Late 70s/80s
Who: 
Jewish 
Also multi-lingual, with Aramaic phrases;
Greek more polished than Mark’s
Where:
Probably in or near Antioch (in Syria); possibly Galilee
To Whom: 
Mainly to well-educated Jews who were debating internally about how Jewish tradition fit into following Jesus
Priorities: 
Promote Messiah Jesus who fulfills audience’s Jewish scriptures
inform church life and structure
Luke
When:
mid-to-late-80s
Who:
Gentile (possibly Jewish convert)
Educated Greek “historian” familiar with Septuagint; no use of Aramaic; expert use of Greek
Where:
Probably Greece; possibly Syria; also unfamiliar with Palestine
To whom:
Mainly to wealthy Gentiles influenced by Paul’s mission; living in an urban setting
Priorities:
Promote Isaiah-like Jesus; challenge audience to live out faith more actively (e.g., by redistributing wealth)
John
When: 
90s / as late as 110
Who:
Jewish 
Student(s) of “the Beloved Disciple” (the “Johannine school”)
Where:
Traditionally Ephesus; possibly Syria
To whom:
To a mixed crowd of Jews & Gentiles, at a time when tensions between Jews who did & didn’t follow Jesus had reached an all-time high
Priorities:
Promote Jesus’s divinity; strengthen unity in a group increasingly defining itself as separate from Jewish ones
Chart 2: Comparing the Gospels, Part 2 — Thematic Content
Mark
Emphasizes Jesus as:
Jesus as miracle-worker / healer; human being 
Unafraid to depict human limitations & emotions in Jesus
Other defining attributes / content:
Focuses on Jesus’s actions, e.g., his miracles; as well as on his suffering and death
Originally ended with the empty tomb & fear; no resurrection relief
The disciples often fail to understand Jesus; Jesus is frequently secretive about his identity
Matthew
Emphasizes Jesus as:
A Moses figure, Messiah, Son of God; teacher
Removes descriptions that make Jesus seem limited, naïve
Other defining attributes / content:
Beatitudes (ch. 5); judgment of the “sheep and goats” (ch. 25); 
Instructions for intracommunal relationships; forgiveness; “Great Commission” (ch. 28)
Polishes Mark’s depiction of the disciples to present them more favorably (esp. Peter as the “rock” of the church)
Luke
Emphasizes Jesus as:
Self-aware Son of God; prophet of the poor
Removes descriptions that make Jesus seem emotional, harsh, or weak
Other defining attributes / content:
Beatitudes (ch. 6) — with added “woes”; frequent warnings about risks of wealth
Also depicts disciples more favorably
Favorable depictions of tax collectors as sinners on the way to redemption; 
negative views of Pharisees as rejectors of Jesus, juxtaposed with stories of Gentiles who express faith
John
Emphasizes Jesus as:
Divine, the Word / “I Am” made flesh; lamb of God
Often misunderstood by disciples & crowds due to his use of figurative language
Other defining attributes / content:
Poetic format, full of symbolism; similarities to Gnostic texts that arose in the same era
Lots of “testimony” and “signs”
Despite Jesus & his disciples being Jewish, John depicts “the Jews” as being against Jesus; his Jesus says things like “It is written in your law…”
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dreaminginthedeepsouth · 2 months ago
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Sign of the Day... in Greenwich Village...
(Mary Elaine LeBey)
* * * *
Kamala Harris meets the moment!
September 11, 2024
Robert B. Hubbell
Kamala Harris’s debate performance exceeded the unfair and asymmetrical expectations imposed on her by the press and pundits. She was terrific—in command of the facts, unfazed by Trump's bluster, personable, sincere, and likable but strong. That is a difficult mix to maintain in the face of a torrent of lies shouted by a bully who could not be controlled by the moderators. For those who were worried about the possibility that Kamala Harris would somehow stumble and harm her electoral prospects, put those worries aside. The reverse happened. She soared while Trump collapsed into his hollow shell.
Kamala Harris was confident and at ease. Trump sputtered and dodged in a futile effort to avoid answering the moderators’ questions.
I was struck by judgments delivered during the debate by two preeminent historians. I follow both Heather Cox Richardson and Michael Beschloss on Twitter. Near the end of the debate, the historians posted the following comments, which encapsulated the debate for me:
Heather Cox Richardson: “Trump is proving world leaders like him by citing Viktor Orban. Dear heavens. She is walking him like a poodle.” Michael Beschlossos: “From start to end, Kamala Harris has just delivered what is easily one of the most successful Presidential debate performances in all of American history.”
First, I hope HCR writes a book or starts a rock band with the name, “Walking Him Like a Poodle.” HCR’s comment gets to the pith of the debate: Kamala Harris was in charge, leading Trump into traps he knew were traps but could not avoid. In the instance cited by HCR, VP Harris chided Trump, saying that world leaders laugh at him and military leaders believe he is a “disgrace.” Trump responded by citing Viktor Orbán as a leader who respects him. As HCR said, “Dear heavens.” Trump was outmatched and outclassed—bigly.
Michael Beschloss’s comment is significant because it ranks Harris’s performance in the historical context of presidential debates. The precise ranking of her performance matters less than the fact it will be near the top, according to one of the nation’s preeminent historians.
There is too much to cover in tonight’s newsletter, so I will focus on the major newsworthy positions revealed in the debate. I will return later in the week to additional subjects when transcripts and analyses are available. Of note:
Harris presented herself as a candidate offering “generational change.”
Harris advocated for the middle class and small businesses.
Harris promised to sign a bill enacting the protections of Roe v. Wade.
Harris promised to sign the border bill that Trump convinced Republicans to kill.
Harris promised to reinstitute the child tax credit and institute a $6,000 credit for families with newborns
Trump refused to acknowledge that he lost the 2020 election.
Trump refused to express any regret for anything he did or failed to do regarding the January 6 insurrection.
Trump refused to say whether he would veto a national abortion ban.
Trump repeatedly claimed that Democrats advocate for the execution of babies after birth.
Trump refused to say why he urged Republicans to defeat the border bill.
Trump claimed that tariffs are “taxes on foreign nations.”
Trump refused to say whether he hoped Ukraine would defeat Russia war of aggression.
Trump said he didn’t have a plan for healthcare after nine years but has only “concepts for a plan.”
Trump repeated a racist slur that Haitian migrants are stealing and eating pets them in Springfield, Ohio.
No one who watched the debate could believe anything other than the fact that Kamala Harris is smart, capable, and up to the challenge of serving as president and commander-in-chief. Moreover, the debate served as a hyper-charged “media interview”—complete with hostile questions and an obnoxious heckler.
One of the first commentators to publish a review of the debate is David Frum in The Atlantic, How Harris Roped a Dope | She stayed human when Trump went feral. Per Frum,
Vice President Kamala Harris walked onto the ABC News debate stage with a mission: trigger a Trump meltdown. She succeeded. Former President Donald Trump had a mission too: control yourself. He failed. Trump lost his cool over and over. Goaded by predictable provocations, he succumbed again and again. Trump was pushed into broken-sentence monologues—and even an all-out attack on the 2020 election outcome. He repeated crazy stories about immigrants eating cats and dogs, and was backward-looking, personal, emotional, defensive, and frequently incomprehensible.
One final note: During the debate, I received outraged emails from readers about the moderators' failure to control Trump or treat Kamala Harris fairly. While true, let’s not make the debate about the moderators. That is what Republicans are doing tonight—to avoid talking about Trump's meltdown. Let’s focus on Kamala Harris’s ability to show Americans that she is up to the job of being president. That’s the story; let’s not bury the lead.
[Robert B. Hubbell Newsletter]
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simply-ivanka · 3 months ago
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How the Biden-Harris Economy Left Most Americans Behind
A government spending boom fueled inflation that has crushed real average incomes.
By The Editorial Board -- Wall Street Journal
Kamala Harris plans to roll out her economic priorities in a speech on Friday, though leaks to the press say not to expect much different than the last four years. That’s bad news because the Biden-Harris economic record has left most Americans worse off than they were four years ago. The evidence is indisputable.
President Biden claims that he inherited the worst economy since the Great Depression, but this isn’t close to true. The economy in January 2021 was fast recovering from the pandemic as vaccines rolled out and state lockdowns eased. GDP grew 34.8% in the third quarter of 2020, 4.2% in the fourth, and 5.2% in the first quarter of 2021. By the end of that first quarter, real GDP had returned to its pre-pandemic high. All Mr. Biden had to do was let the recovery unfold.
Instead, Democrats in March 2021 used Covid relief as a pretext to pass $1.9 trillion in new spending. This was more than double Barack Obama’s 2009 spending bonanza. State and local governments were the biggest beneficiaries, receiving $350 billion in direct aid, $122 billion for K-12 schools and $30 billion for mass transit. Insolvent union pension funds received a $86 billion rescue.
The rest was mostly transfer payments to individuals, including a five-month extension of enhanced unemployment benefits, a $3,600 fully refundable child tax credit, $1,400 stimulus payments per person, sweetened Affordable Care Act subsidies, an increased earned income tax credit including for folks who didn’t work, housing subsidies and so much more.
The handouts discouraged the unemployed from returning to work and fueled consumer spending, which was already primed to surge owing to pent-up savings from the Covid lockdowns and spending under Donald Trump. By mid-2021, Americans had $2.3 trillion in “excess savings” relative to pre-pandemic levels—equivalent to roughly 12.5% of disposable income.
So much money chasing too few goods fueled inflation, which was supercharged by the Federal Reserve’s accommodative policy. Historically low mortgage rates drove up housing prices. The White House blamed “corporate greed” for inflation that peaked at 9.1% in June 2022, even as the spending party in Washington continued.
In November 2021, Congress passed a $1 trillion bill full of green pork and more money for states. Then came the $280 billion Chips Act and Mr. Biden’s Green New Deal—aka the Inflation Reduction Act—which Goldman Sachs estimates will cost $1.2 trillion over a decade. Such heaps of government spending have distorted private investment.
While investment in new factories has grown, spending on research and development and new equipment has slowed. Overall private fixed investment has grown at roughly half the rate under Mr. Biden as it did under Mr. Trump. Manufacturing output remains lower than before the pandemic.
Magnifying market misallocations, the Administration conditioned subsidies on businesses advancing its priorities such as paying union-level wages and providing child care to workers. It also boosted food stamps, expanded eligibility for ObamaCare subsidies and waved away hundreds of billions of dollars in student debt. The result: $5.8 trillion in deficits during Mr. Biden’s first three years—about twice as much as during Donald Trump’s—and the highest inflation in four decades.
Prices have increased by nearly 20% since January 2021, compared to 7.8% during the Trump Presidency. Inflation-adjusted average weekly earnings are down 3.9% since Mr. Biden entered office, compared to an increase of 2.6% during Mr. Trump’s first three years. (Real wages increased much more in 2020, but partly owing to statistical artifacts.)
Higher interest rates are finally bringing inflation under control, which is allowing real wages to rise again. But the Federal Reserve had to raise rates higher than it otherwise would have to offset the monetary and fiscal gusher. The higher rates have pushed up mortgage costs for new home buyers.
Three years of inflation and higher interest rates are stretching American pocketbooks, especially for lower income workers. Seriously delinquent auto loans and credit cards are higher than any time since the immediate aftermath of the 2008-09 recession.
Ms. Harris boasts that the economy has added nearly 16 million jobs during the Biden Presidency—compared to about 6.4 million during Mr. Trump’s first three years. But most of these “new” jobs are backfilling losses from the pandemic lockdowns. The U.S. has fewer jobs than it was on track to add before the pandemic.
What’s more, all the Biden-Harris spending has yielded little economic bang for the taxpayer buck. Washington has borrowed more than $400,000 for every additional job added under Mr. Biden compared to Mr. Trump’s first three years. Most new jobs are concentrated in government, healthcare and social assistance—60% of new jobs in the last year.
Administrative agencies are also creating uncertainty by blitzing businesses with costly regulations—for instance, expanding overtime pay, restricting independent contractors, setting stricter emissions limits on power plants and factories, micro-managing broadband buildout and requiring CO2 emissions calculations in environmental reviews.
The economy is still expanding, but business investment has slowed. And although the affluent are doing relatively well because of buoyant asset prices, surveys show that most Americans feel financially insecure. Thus another political paradox of the Biden-Harris years: Socioeconomic disparities have increased.
Ms. Harris is promising the same economic policies with a shinier countenance. Don’t expect better results.
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reasonsforhope · 7 months ago
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"In cities across the country, people of color, many of them low income, live in neighborhoods criss-crossed by major thoroughfares and highways.
The housing there is often cheaper — it’s not considered particularly desirable to wake up amid traffic fumes and fall asleep to the rumble of vehicles over asphalt.
But the price of living there is steep: Exhaust from all those cars and trucks leads to higher rates of childhood asthma, cancer, cardiovascular disease, and pulmonary ailments. Many people die younger than they otherwise would have, and the medical costs and time lost to illness contributes to their poverty.
Imagine if none of those cars and trucks emitted any fumes at all, running instead on an electric charge. That would make a staggering difference in the trajectory, quality, and length of millions of lives, particularly those of young people growing up near freeways and other sources of air pollution, according to a study from the American Lung Association.
The study, released [February 28, 2024], found that a widespread transition to EVs could avoid nearly 3 million asthma attacks and hundreds of infant deaths, in addition to millions of lower and upper respiratory ailments...
Prior research by the American Lung Association found that 120 million people in the U.S. breathe unhealthy air daily, and 72 million live near a major trucking route — though, Barret added, there’s no safe threshold for air pollution. It affects everyone.
Bipartisan efforts to strengthen clean air standards have already made a difference across the country. In California, which, under the Clean Air Act, can set state rules stronger than national standards, 100 percent of new cars sold there must be zero emission by 2035.
[Note: The article doesn't explain this, but that is actually a much bigger deal than just California. Basically, due to historically extra terrible pollution, California is the only state that's allowed to allowed to set stronger emissions rules than the US government sets. However, one of the rules in the Clean Air Act is that any other state can choose to follow California's standards instead of the US government's. And California by itself is the world's fifth largest economy - ahead of all but four countries. California has a lot of buying power. So, between those two things, when California sets stricter standards for cars, the effects ripple outward massively, far beyond the state's borders.]
Truck manufacturers are, according to the state’s Air Resources Board, already exceeding anticipated zero-emissions truck sales, putting them two years ahead of schedule...
Other states have begun to take action, too, often reaching across partisan lines to do so. Maryland, Colorado, New Mexico, and Rhode Island adopted zero-emissions standards as of the end of 2023.
The Biden administration is taking similar steps, though it has slowed its progress after automakers and United Auto Workers pressured the administration to relax some of its more stringent EV transition requirements.
While Barret finds efforts to support the electrification of passenger vehicles exciting, he said the greatest culprits are diesel trucks. “These are 5 to 10 percent of the vehicles on the road, but they’re generating the majority of smog-forming emissions of ozone and nitrogen,” Barret said...
Lately, there’s been significant progress on truck decarbonization. The Biden administration has made promises to ensure that 30 percent of all big rigs sold are electric by 2030...
Such measures, combined with an increase in public EV charging stations, vehicle tax credits, and other incentives, could change American highways, not to mention health, for good."
-via GoodGoodGood, February 28, 2024
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rjzimmerman · 3 months ago
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Excerpt from this story from Truthout/Floodlight:
The IRA is the Biden Administration’s signature climate law. The historic act is the most aggressive climate policy in U.S. history, rolling out billions in tax breaks and other incentives with the goal of cutting economy-wide carbon emissions 40% by 2030.
Every congressional Republican voted against the bill, arguing it was nothing more than handouts to prop up climate and social justice programs. Some on the extreme right continue to argue that climate change is a hoax. But now some GOP House members who voted against the IRA are urging their leader to consider saving key portions of it.
In fact, it is the red states that overwhelmingly have benefitted from the federal government’s infusion of clean energy money, according to a report released today by, a national nonpartisan group of more than 10,000 business leaders that advocates for a cleaner economy and environment.
Friday marks two years since Biden inked his signature on the IRA. Companies have announced roughly 330 clean energy and vehicle projects since that time, efforts that could create 109,278 jobs and bring in a whopping $126 billion in private investments, if completed, according to the E2 report.
E2’s report breaks down IRA-boosted projects by state, sector and industry as well as by congressional district. It found that “nearly 60% of the announced projects — representing 85% of the investments and 68% of the jobs — are in Republican congressional districts.”
Among the major projects is the South Korea-based solar manufacturer QCells. Last year it announced a $2.5 billion expansion in Dalton, Georgia, spurring more than 2,500 jobs and helping change a town known as the “carpet capital of the world” into a destination for clean energy manufacturing.
Since 2022, the northern third of Nevada has added more than 5,000 jobs from a $6.6 billion investment in projects such as the Rhyolite Ridge and Thacker Pass lithium mines as the state aims toward becoming the lithium capital of the United States.
And in North Carolina, $19.7 billion has been poured into the state, creating 22 clean energy projects and more than 10,000 jobs in solar, recycling, electric vehicle and battery manufacturing. The investments include a $13.9 billion Toyota Motor North America EV/hybrid battery plant slated to open next year.
E2’s report is based on publicly available information, including news releases and formal government announcements. Roughly one-third of the information did not include how much money was being invested or how many jobs a project was expected to create, E2 stated.
In other words, the impact of the IRA is likely broader than the nonprofit’s tally. That bodes well for environmentalists and clean energy advocates.
18 congressional Republicans signed a letter to GOP House Speaker Mike Johnson of Louisiana urging him to be cautious in repealing all or parts of the IRA — something Trump has vowed to do if he is again elected president.
“Energy tax credits have spurred innovation, incentivized investment and created good jobs in many parts of the country — including many districts represented by members of our conference,” the Aug. 6 letter to Johnson said.
The Congress members said they had heard from industry and constituents that clawing back previously issued energy tax credits, especially on projects that already broke ground, would undermine private investments and stop development.
“A full repeal would create a worst-case scenario where we would have spent billions of taxpayer dollars and received next to nothing in return,” the letter states.
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justinspoliticalcorner · 29 days ago
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David Lurie at Public Notice:
For months, Trump campaign operatives have said they want their candidate to “stick to his economic policies.” Trump supporters have repeated that shibboleth even more lately as their candidate continues to shed the GOP’s typically large and reliable large polling advantage on economic issues.  Trump held a 12 point polling advantage over Biden on “the economy” in 2020 and had a lead of as high as 22 percent only months ago, but his lead over Harris on the economy may now only be five or six points and is likely still shrinking.    Contrary to the received wisdom, Trump’s problem is not that he speaks too little about his economic policies — it’s that his policies would be undeniably bad for the economy and for working Americans. And the more voters learn about what Trump is planning to do, the worse it is for him. 
This intractable problem stands to become even more serious for Trump as voters learn more about Vice President Harris’s policies, which actually speak to the concerns and needs of working people and families. Trump has been a clear and constant exponent of his economic program, which can be boiled down to three proposals. First, impose massive, and hugely inflationary, tariffs on imported goods, which will hit consumers directly in the pocketbook. Second, massively cut taxes, again, for the wealthy. And, finally, the mass round up of and deportation of immigrants, including those playing crucial roles in the growing economy. Trump never hesitates to advocate this three pronged “economic policy” during his rallies, and as he did (over and over) yesterday during a two hour “speech” before the Detroit Economic Club. The problem is that — outside of the xenophobes who constitute his hardcore base and the mega-wealthy bankrolling his super PACs — Trump’s proposals hardly resonate as a prescription for making the American economy better for most Americans.
These are not new ideas, and they have already been political failures. Trump’s sole major economic legislative “success” during his presidency was passing a historically regressive tax cut bill that increased income inequality while ballooning the deficit. To the chagrin of the GOP, which was used to reaping political benefits from tax cuts, the public smelled a rat and punished Republicans at the polls in the 2018 midterms for Trump’s giveaway to the rich. For many months of the current campaign, the politically problematic nature of Trump’s economic “program” was obscured by the focus on inflation. But as inflation has receded, Republicans increasingly have had to face the question of whether an economic policy that is substantially comprised of strategies that have failed politically before can be made into a winner by the “populist” Trump ticket. While it may have escaped the notice of the mainstream press, the weakness of Trump’s economic policy proposals was on full display during the recent vice presidential debate between Tim Walz and JD Vance. Instead of defending the actual MAGA agenda during the debate, Vance sounded more like the champion of government intervention on behalf of the disenfranchised he claimed to be before his cynical conversion to the Trump cult.
[...]
Trump wants to peddle hate, not discuss economic policy
The economic policy problem for the Trump campaign made evident by Vance’s debate performance is only becoming more obvious as we approach the final weeks of the campaign and the candidates spend more and more time in the industrial Midwest, which has been a singular focus of the Biden administration’s infrastructure and industrial development initiatives.
As Greg Sargent has detailed, Vance and Trump have been doubling down on their opposition to the hundreds of billions of dollars in tax credits, loans, and grants resulting from Biden/Harris initiatives, including the Inflation Reduction Act. Large portions of those funds are headed to the industrial Midwest, where thousands of new jobs are being created in clean energy manufacturing. Economic development of this sort is particularly crucial to the future of the Michigan-centered US automotive industry, which — as Trump himself acknowledges — is at risk of ceding electric automobile manufacturing (the undisputed future of the industry) to China. The Detroit News revealed that some people seen wearing “Auto Workers for Trump” shirts behind Vance at a recent Michigan rally were not autoworkers. That episode served as a reminder of when Trump — a staunch opponent of organized labor who has boasted during recent speeches about stiffing employees who worked for him — held an event at a non-union plant during the UAW strike before non-union workers holding signs reading “union members for Trump.”
The economy, which the Republicans have historically led on, has been chipped away at by the Harris/Walz ticket.
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crooked-wasteland · 3 months ago
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I’m a bit curious on your thoughts on the situation with Toon City; a lot of people tend to say Bento was the one that jumped ship for the finale, but they seemed to be mostly involved for production purposes.
Meanwhile Toon City and a couple tax credits alongside it weren’t there for the finale, with Spindlehorse’s team going from a bit over a dozen alongside it to dozens from just Spindle working on the finale.
With them involved with Helluva, could that have been part of the S2 delays on both shows?
Bento Box assisted in producing, and while they most likely worked on simplifying the characters, it doesn't seem like they did much animation. Toon City seems to have done the majority of Hazbin until the project ran aground at the finish line with no money to adequately compensate even the outsourced studio.
Toon City is a Filipino based animation company, and historically speaking, US dollars go significantly further there than here. $1 USD is 57 Philippine pesos. To get a much clearer picture of how much that really is, however, you need to look at the food prices. Eggs go for 115 pesos, so one would need about $2 USD to afford a dozen eggs. At $36, which was the pay for Spindlehorse employees working on the show, that's just over 2000 pesos. Which could theoretically pay for a week's worth of groceries.
Comparatively, $36 for 4+ hrs of work is obscene here in the US, where Spindlehorse is located. That's barely enough to feed a person for a day. Which means Toon City has higher standards of living for their employees, despite the reputation that comes with outsourcing animation, than Spindlehorse does for their own animators.
I wish the crew had more love for themselves to have rejected the offer and sought other work. I understand for many the ability to simply work at all is enough to keep going as many Spindlehorse employees are also disabled. But it is just as valid to state Medrano preys upon disabled individuals to work for below minimum wage in a virtual animation sweatshop because, frankly, only the desperate would settle for this sort of treatment.
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probablyasocialecologist · 24 days ago
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At September’s UN General Assembly in New York, Brazil’s President Lula described the international financial system as a “Marshall Plan in reverse” in which the poorest countries finance the richest. Driving the point home, Lula thundered, “African countries borrow at rates up to eight times higher than Germany and four times higher than the United States.” Lula is not alone in this diagnosis. Centrist technocrats par excellence Larry Summers & NK Singh coauthored a report earlier this year arguing that the development world’s mantra to scale up direct financing to the global South—from “billions to trillions”—has failed. Instead, global finance seems to be running in the opposite direction, from poor to rich countries, as was the case last year. Summers and Singh summarize the arrangement thusly: “millions in, billions out.” Added to this is the great global shift to austerity that makes a mockery of climate and development goals. It’s in this context that talk of “green Marshall Plans”—proposed by Huang Yiping in China and Brian Deese in the US—must be received. Negotiations over technology transfer, market access, and finance deals are a permanent feature of the new cold war: call it strategic green industrial diplomacy. Both the American and Chinese proposals, such as they exist, aim to subsidize the export markets of allied countries to build foreign support for domestic industries. For developing countries, this could mean manufacturing green goods to grab a slice of the trillions of future green economic output and develop themselves, and a policy choice to meet their development goals by either making or buying cheap, clean energy generation, electricity storage, and transport. Putting aside the dubiousness of the historical analogy to the United States’ postwar aid program to Europe, the critical element—and the one that seems least likely for either China or the US to pursue in earnest given their domestic political obstacles—is the provision of the kind of financial and industrial support that low- and middle-income countries need. The geoeconomic contest between the US and China rests on which of the two can forge domestic political coalitions that meet the demand of developing countries for local manufacturing value add in green value chains, without which the South will remain merely an export market or a resource colony.
[...]
The optimistic Marshall Plan proposals are not entirely hot air; each attempts to extend aggressive domestic policies globally. China and the US have both made bids on an investment-led partial solution to their respective domestic political and economic challenges, with a focus on clean-energy industries. Their shared formula can be summarized as national strength through industrial renewal. In both countries, domestic industries have been offered ample fiscal support; Biden’s suite of tax credits and subsidies has already spurred more than $400 billion in investment in clean energy and clean-tech manufacturing and generation, and China’s central government, already dominant in clean tech manufacturing, is now concentrating its efforts on next-generation technologies and economic self-reliance.
11 October 2024
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nesiacha · 7 months ago
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Analysis of the French Revolution film by Robert Enrico and Richard T. Heffron
One of the (many) problems with films about the French Revolution is that in 1989, anyone wanting to make films about this period was required to adhere to the government's line, which dictated that the revolution could only be portrayed as leading to horrors, under threat of censorship. We can see this in the struggles Hervé Pernot faced. Even during de Gaulle's time, filmmakers who tried to make films as honest as possible about the revolution faced obstacles. Thus, there are inevitably significant historical inaccuracies in these films. Ironically, the leader of the country at the time of this cinematography, Mitterrand, who endorsed such thinking, had guillotined many Algerian revolutionaries, including some who never intended to harm anyone, like Fernand Iveton, or Algerians who were falsely accused. He endorsed parody trials of Algerians, far more significant and flagrant than those of 1794 regarding the Hebertists, Enraged, and Indulgents, when he was Minister of Justice in 1957, solely to please colonialist lobbying and secure a good political position. Therefore, he has no moral ground to lecture the Montagnards, who only abandoned their restraint once France's position was untenable both internally and externally. Most of them, along with other non-Montagnard members, courageously sided with the colonized.
I'll try to avoid delving too much into the absurd black legends unless it's unavoidable, such as when the film seems to endorse Brissot's statement that the "Revolutionary Tribunal is the Spanish Inquisition a hundred times worse." I know the Revolutionary Tribunal committed unforgivable acts in some of its parodies of justice, but the stupidity of this statement speaks for itself.
In the film, the "good guys" are Danton, Lafayette, and Mirabeau. It doesn't matter that they were all corrupt to the core, although Danton should not necessarily be lumped in with Mirabeau, as Danton may have accepted bribes but didn't necessarily fulfill his end of the bargain, and Lafayette, in my opinion, demonstrated more bloodthirstiness. Marat is depicted merely as a madman instead of showing that he was a man ahead of his time, an honest revolutionnary and brillant, sometimes , used inappropriate language due to the injustices he and the people faced. There's an interesting parallel here with the Algerian revolutionary Abane Ramdane, who shares many similarities on these points for me. Instead, we attribute this talent to Danton and potentially Desmoulins.
In the film, the French revolutionaries are portrayed as defeated, but victory is ultimately achieved, solely credited to Danton, which is false, reductionist, and even insulting to all revolutions. If revolutions succeed, it's certainly partly due to intellectual leaders, including figures like Saint Just, Le Bas, Lindet, Charlier, Billaud Varennes, Robespierre, and Hanriot, but it's primarily thanks to the people who supported them—the soldiers who held the line, the sans-culottes who persuaded the Convention to enact or repeal certain laws necessary to sustain the revolution, and the people who endured necessary but harsh taxes, who gave their shoes, sheltered revolutionaries—something most revolutionaries acknowledge.
The film reduces the Hebertists, Enrages, and Cordeliers to madmen united behind Hebert, portraying them without charisma, failing to show why they were popular, and omitting the split between Chaumette and the rest because Chaumette refused to join the insurrection against the Mountain after the Ventôse law.
On the other hand, during Danton's trial, the indulgents are cheered by the people. I know Danton delivered excellent speeches during his trial, but so did other factions, and there's no evidence of this particular scene. I've already discussed the differential treatment between indulgents, Hebertists, and Cordeliers in one of my previous posts. Apart from Hebert, virtually all Hebertists were executed with great dignity.
Marie Antoinette, to better exonerate Louis XVI, is portrayed as helpless during the trial, appearing scared before the scaffold. In reality, she showed courage and dignity that even her adversaries admired, which isn't depicted because she might come across better than Danton.
The Girondins sing the Marseillaise as they mount the scaffold. Regardless of whether one likes them or not, they showed great courage, which isn't shown because they might come across better than Danton on the scaffold.
Lucile Desmoulins and Marie Françoise Goupil, along with Chaumette, Gobel, and others, die with great dignity, but this isn't shown either. For Danton glorification the is the only except Louis XVI to face his death in dignity.
Robespierre is depicted as a coward fleeing his arrest with Saint Just and Couthon, whereas in reality, the gendarmes didn't want to arrest him, and he willingly offered his hands for arrest. The uprising of 17 out of 49 communes was spontaneous, but most revolutionaries hesitated because they didn't know whether to remain lawful or not, resulting in their losses (a Napoleon would have fewer scruples than them and for the wrong reasons) . Again because it will make them better than Danton ( let' s not talk about the glorification of Barras in this scene).
Morality: Only corrupt men act. The most selfless are depicted as grave fanatics who will execute you. It's no wonder the government approves of such films promoting these messages.
Not to mention the women erased from the revolutionary period—Manon Roland, Lucile Desmoulins portrayed as gentle without the political acumen of the real Lucile Desmoulins. Similarly tratment for Simone. Evrard Eleonore Duplay is depicted as personality-less fanatic , far from the real Eleonore Duplay. Louis Reine Audu, Pauline Léon, Olympe de Gouges, Marie Anne Babeuf, Albertine Marat, Charlotte Robespierre, and Elisabeth Le Bas, among many others, will not be shown.
I might write a second part soon if I have the time or in one month for a better analysis of the characters.
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foreverlogical · 6 months ago
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It was a time of fear and chaos four years ago.
The death count was mounting as COVID-19 spread. Financial markets were panicked. Oil prices briefly went negative. The Federal Reserve slashed its benchmark interest rates to combat the sudden recession. And the U.S. government went on a historic borrowing spree—adding trillions to the national debt—to keep families and businesses afloat.
But as Donald Trump recalled that moment at a recent rally, the former president exuded pride.
“We had the greatest economy in history,” the Republican told his Wisconsin audience. “The 30-year mortgage rate was at a record low, the lowest ever recorded ... 2.65%, that’s what your mortgage rates were.”
The question of who can best steer the U.S. economy could be a deciding factor in who wins November’s presidential election. While an April Gallup poll found that Americans were most likely to say that immigration is the country's top problem, the economy in general and inflation were also high on the list.
Trump may have an edge over President Joe Biden on key economic concerns, according to an April poll by The Associated Press-NORC Center for Public Affairs. The survey found that Americans were more likely to say that as president, Trump helped the country with job creation and cost of living. Nearly six in 10 Americans said that Biden’s presidency hurt the country on the cost of living.
But the economic numbers expose a far more complicated reality during Trump's time in the White House. His tax cuts never delivered the promised growth. His budget deficits surged and then stayed relatively high under Biden. His tariffs and trade deals never brought back all of the lost factory jobs.
And there was the pandemic, an event that caused historic job losses for which Trump accepts no responsibility as well as low inflation—for which Trump takes full credit.
If anything, the economy during Trump's presidency never lived up to his own hype.
DECENT (NOT EXCEPTIONAL) GROWTH
Trump assured the public in 2017 that the U.S. economy with his tax cuts would grow at “3%,” but he added, “I think it could go to 4, 5, and maybe even 6%, ultimately.”
If the 2020 pandemic is excluded, growth after inflation averaged 2.67% under Trump, according to figures from the Bureau of Economic Analysis. Include the pandemic-induced recession and that average drops to an anemic 1.45%.
By contrast, growth during the second term of then-President Barack Obama averaged 2.33%. So far under Biden, annual growth is averaging 3.4%.
MORE GOVERNMENT DEBT
Trump also assured the public that his tax cuts would pay for themselves because of stronger growth. The cuts were broad but disproportionately favored corporations and those with extreme wealth.
The tax cuts signed into law in 2017 never fulfilled Trump's promises on deficit reduction.
According to the Office of Management and Budget, the deficit worsened to $779 billion in 2018. The Congressional Budget Office had forecasted a deficit of $563 billion before the tax cuts, meaning the tax cuts increased borrowing by $216 billion that first year. In 2019, the deficit rose to $984 billion, nearly $300 billion more than what the CBO had forecast.
Then the pandemic happened and with a flurry of government aid, the resulting deficit topped $3.1 trillion. That borrowing enabled the government to make direct payments to individuals and small businesses as the economy was in lockdown, often increasing bank accounts and making many feel better off even though the economy was in a recession.
Deficits have also run high under Biden, as he signed into law a third round of pandemic aid and other initiatives to address climate change, build infrastructure and invest in U.S. manufacturing. His budget deficits: $2.8 trillion (2021), $1.38 trillion (2022), and $1.7 trillion (2023).
The CBO estimated in a report issued Wednesday that the extension of parts of Trump’s tax cuts set to expire after 2025 would add another $4.6 trillion to the national debt through the year 2034.
LOW INFLATION (BUT NOT ALWAYS FOR GOOD REASONS)
Inflation was much lower under Trump, never topping an annual rate of 2.4%, according to the Bureau of Labor Statistics. The annual rate reached as high as 8% in 2022 under Biden and is currently at 3.4%.
There were three big reasons why inflation was low during Trump's presidency: the legacy of the 2008 financial crisis, Federal Reserve actions, and the coronavirus pandemic.
Trump entered the White House with inflation already low, largely because of the slow recovery from the Great Recession, when financial markets collapsed and millions of people lost their homes to foreclosure.
The inflation rate barely averaged more than 1% during Obama's second term as the Fed struggled to push up growth. Still, the economy was expanding without overheating.
But in the first three years of Trump's presidency, inflation averaged 2.1%, roughly close to the Fed's target. Still, the Fed began to hike its own benchmark rate to keep inflation low at the central bank's own 2% target. Trump repeatedly criticized the Fed because he wanted to juice growth despite the risks of higher prices.
Then the pandemic hit.
Inflation sank and the Fed slashed rates to sustain the economy during lockdowns.
When Trump celebrates historically low mortgage rates, he's doing so because the economy was weakened by the pandemic. Similarly, gasoline prices fell below an average of $2 a gallon because no one was driving in April 2020 as the pandemic spread.
FEWER JOBS
The United States lost 2.7 million jobs during Trump's presidency, according to the Bureau of Labor Statistics. If the pandemic months are excluded, he added 6.7 million jobs.
By contrast, 15.4 million jobs were added during Biden's presidency. That's 5.1 million more jobs than what the CBO forecasted he would add before his coronavirus relief and other policies became law—a sign of how much he boosted the labor market.
Both candidates have repeatedly promised to bring back factory jobs. Between 2017 and the middle of 2019, Trump added 461,000 manufacturing jobs. But the gains began to stall and then turned into layoffs during the pandemic, with the Republican posting a loss of 178,000 jobs.
So far, the U.S. economy has added 773,000 manufacturing jobs during Biden's presidency.
Campaign Action
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batboyblog · 9 months ago
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The Biden-⁠Harris Administration Advances Equity and Opportunity for Black Americans
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Growing Economic Opportunity for Black Families and Communities Through the President’s legislative victories, including the American Rescue Plan (ARP), the Bipartisan Infrastructure Law (BIL), the CHIPS and Science Act, and the Inflation Reduction Act (IRA)—as well as the President’s historic executive orders on racial equity—the Biden-Harris Administration is ensuring that federal investments through the President’s landmark Investing in America agenda are equitably flowing to communities to address longstanding economic inequities that impact people’s economic security, health, and safety. And this vision is already delivering results. The Biden-Harris Administration has:
Powered a historic economic recovery that created 2.6 million jobs for Black workers—and achieved both the lowest Black unemployment rate on record and the lowest gap between Black and White unemployment on record.
Helped Black working families build wealth. Black wealth is up by 60% relative to pre-pandemic—the largest increase on record.
Cut in half the number of Black children living in poverty in 2021 through ARP’s Child Tax Credit expansion. This expansion provided breathing room to the families of over 9 million Black children.
Began reversing decades of infrastructure disinvestment, including with $4 billion to reconnect communities that were previously cut off from economic opportunities by building needed transportation infrastructure in underserved communities, including Black communities.
Connected an estimated 5.5 million Black households to affordable high-speed internet through the Affordable Connectivity Program, closing the digital divide for millions of Black families.
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Helping Black-Owned Businesses Grow and Thrive Since the President entered office, a record 16 million new business applications have been filed, and the share of Black households owning a business has more than doubled. Building on this momentum, the Biden-Harris Administration has:
Achieved the fastest creation rate of Black-owned businesses in more than 30 years—and more than doubled the share of Black business owners from 2019 to 2022.
Improved the Small Business Administration’s (SBA) flagship loan guarantee programs to expand the availability of capital to underserved communities. Since 2020, the number and dollar value of SBA-backed loans to Black-owned businesses have more than doubled.
Launched a whole-of-government effort to expand access to federal contracts for small businesses, awarding a record $69.9 billion to small disadvantaged businesses in 2022.
Through Treasury’s State Small Business Credit Initiative, invested $10 billion to expand access to capital and invest in early-stage businesses in all 50 states—including $2.5 billion in funding and incentive allocations dedicated to support the provision of capital to underserved businesses with $1 billion of these funds to be awarded to the jurisdictions that are most successful in reaching underserved businesses.
Helped more than 37,000 farmers and ranchers who were in financial distress, including Black farmers and ranchers, stay on their farms and keep farming, thanks to resources provided through IRA. The IRA allocated $3.1 billion for the Department of Agriculture (USDA) to provide relief for distressed borrowers with at-risk agricultural operations with outstanding direct or guaranteed Farm Service Agency loans. USDA has provided over $2 billion and counting in timely assistance.
Supported small and disadvantaged businesses through CHIPS Act funding by requiring funding applicants to develop a workforce plan to create equitable pathways for economically disadvantaged individuals in their region, as well as a plan to support procurement from small, minority-owned, veteran-owned, and women-owned businesses.
Created the $27 billion Greenhouse Gas Reduction Fund that will invest in clean energy projects in low-income and disadvantaged communities.
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Increasing Access to Housing and Rooting Out Discrimination in the Housing Market for Black Communities To increase access to housing and root out discrimination in the housing market, including for Black families and communities, the Biden-Harris Administration has:
Set up the first-ever national infrastructure to stop evictions, scaling up the ARP-funded Emergency Rental Assistance program in over 400 communities across the country, helping 8 million renters and their families stay in their homes. Over 40% of all renters helped are Black—and this support prevented millions of evictions, with the largest effects seen in majority-Black neighborhoods.
Published a proposed “Affirmatively Furthering Fair Housing” rule through the Department of Housing and Urban Development (HUD), which will help overcome patterns of segregation and hold states, localities, and public housing agencies that receive federal funds accountable for ensuring that underserved communities have equitable access to affordable housing opportunities.
Created the Interagency Task Force on Property Appraisal and Valuation Equity, or PAVE, a first-of-its-kind interagency effort to root out bias in the home appraisal process, which is taking sweeping action to advance equity and remove racial and ethnic bias in home valuations, including cracking down on algorithmic bias and empowering consumers to take action against misvaluation.
Taken additional steps through HUD to support wealth-generation activities for prospective and current homeowners by expanding access to credit by incorporating a borrower’s positive rental payment history into the mortgage underwriting process. HUD estimates this policy change will enable an additional 5,000 borrowers per year to qualify for an FHA-insured loan.
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Ensuring Equitable Educational Opportunity for Black Students To expand educational opportunity for the Black community in early childhood and beyond, the Biden-Harris Administration has:
Approved more than $136 billion in student loan debt cancellation for 3.7 million Americans through various actions and launched a new student loan repayment plan—the Saving on a Valuable Education (SAVE) plan—to help many students and families cut in half their total lifetime payments per dollar borrowed.
Championed the largest increase to Pell Grants in the last decade—a combined increase of $900 to the maximum award over the past two years, affecting the over 60% of Black undergraduates who rely on Pell grants.
Fixed the Public Service Loan Forgiveness (PSLF) program, so all qualified borrowers get the debt relief to which they are entitled. More than 790,000 public servants have received more than $56 billion in loan forgiveness since October 2021. Prior to these fixes, only 7,000 people had ever received forgiveness through PSLF.
Delivered a historic investment of over $7 billion to support HBCUs.
Reestablished the White House Initiative on Advancing Educational Equity, Excellence, and Economic Opportunity for Historically Black Colleges and Universities and the White House Initiative on Advancing Educational Equity, Excellence, and Economic Opportunity for Black Americans.
Through ARP, secured $130 billion—the largest investment in public education in history—to help students get back to school, recover academically in the wake of the COVID-19 pandemic, and address student mental health.
Secured a 30% increase in child care assistance funding last year. Black families comprise 38% of families benefiting from federal child care assistance. Additionally, the President secured an additional $1 billion for Head Start, a program where more than 28% of children and pregnant women who benefit identify as Black.
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Improving Health Outcomes for Black Families and Communities To improve health outcomes for the Black community, the Biden-Harris Administration has:
Increased Black enrollment in health care coverage through the Affordable Care Act by 49%—or by around 400,000—from 2020 to 2022, helping more Black families gain health insurance than ever before.
Through IRA, locked in lower monthly premiums for health insurance, capped the cost of insulin at $35 per covered insulin product for Medicare beneficiaries, and helped further close the gap in access to medication by improving prescription drug coverage and lowering drug costs in Medicare. 
Through ARP, expanded postpartum coverage from 60 days to 12 months in 43 states and Washington, D.C., covering 700,000 more women in the year after childbirth. Medicaid covers approximately 65% of births for Black mothers, and this investment is a critical step to address maternal health disparities.
Financed projects that will replace hundreds of thousands of lead pipes, helping protect against lead poisoning that disproportionately affects Black communities.
Provided 264 grants with $1 billion in Bipartisan Safer Communities Act funds to more than 40 states to increase the supply of school-based mental health professionals in communities with high rates of poverty.
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Launched An Unprecedented Whole-Of-Government Equity Agenda to Ensure the Promise of America for All Communities, including Black Communities President Biden believes that advancing equity, civil rights, racial justice, and equal opportunity is the responsibility of the whole of our government, which will require sustained leadership and partnership with all communities. To make the promise of America real for every American, including for the Black Community, the President has:
Signed two Executive Orders directing the Federal Government to advance an ambitious whole-of-government equity agenda that matches the scale of the challenges we face as a country and the opportunities we have to build a more perfect union.
Nominated the first Black woman to serve on the Supreme Court and more Black women to federal circuit courts than every President combined.
Countered hateful attempts to rewrite history including: the signing of the Emmett Till Antilynching Act; establishing Juneteenth as a national holiday; and designating the Emmett Till and Mamie Till-Mobley National Monument in Mississippi and Illinois. The Department of the Interior has invested more than $295 million in infrastructure funding and historic preservation grants to protect and restore places significant to Black history.
Created the Justice40 Initiative, which is delivering 40% of the overall benefits of certain Federal investments in clean energy, affordable and sustainable housing, clean water, and other programs to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution as part of the most ambitious climate, conservation, and environmental justice agenda in history.
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Protecting the Sacred Right to Vote for Black Families and Communities Since their first days in office, President Biden and Vice President Harris have prioritized strengthening our democracy and protecting the sacred right to vote in free, fair, and secure elections. To do so, the President has:
Signed an Executive Order to leverage the resources of the Federal Government to provide nonpartisan information about the election process and increase access to voter registration. Agencies across the Federal Government are taking action to respond to the President’s call for an all-of-government effort to enhance the ability of all eligible Americans to participate in our democracy.
Repeatedly and forcefully called on Congress to pass essential legislation, including the John R. Lewis Voting Rights Advancement Act and the Freedom to Vote Act, including calling for an exception to the filibuster to pass voting rights legislation.
Increased funding for the Department of Justice’s Civil Rights Division, which has more than doubled the number of voting rights enforcement attorneys. The Justice Department also created the Election Threats Task Force to assess allegations and reports of threats against election workers, and investigate and prosecute these matters where appropriate.
Signed into law the bipartisan Electoral Reform Count Act, which establishes clear guidelines for our system of certifying and counting electoral votes for President and Vice President, to preserve the will of the people and to protect against the type of attempts to overturn our elections that led to the January 6 insurrection.
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Addressing the Crisis of Gun Violence in Black Communities Gun violence has become the leading cause of death for all youth and Black men in America, as well as the second leading cause of death for Black women. To address this national crisis, the President has:
Launched the first-ever White House Office of Gun Violence Prevention, and taken more executive action on gun violence than any President in history, including investments in violence reduction strategies that address the root causes of gun violence and address emerging threats like ghost guns. In 2022, the Administration’s investments in evidence-based, lifesaving programs combined with aggressive action to stop the flow of illegal guns and hold shooters accountable yielded a 12.4% reduction in homicides across the United States.
Signed into the law the Bipartisan Safer Communities Act, the most significant gun violence reduction legislation enacted in nearly 30 years, including investments in violence reduction strategies and historic policy changes to enhance background checks for individuals under age 21, narrow the dating partner loophole in the gun background check system, and provide law enforcement with tools to crack down on gun trafficking.
Secured the first-ever dedicated federal funding stream for community violence intervention programs, which have been shown to reduce violence by as much as 60%. These programs are effective because they leverage trusted messengers who work directly with individuals most likely to commit gun violence, intervene in conflicts, and connect people to social, health and wellness, and economic services to reduce the likelihood of violence as an answer to conflict.
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Enhancing Public Trust and Strengthening Public Safety for Black Communities Our criminal justice system must protect the public and ensure fair and impartial justice for all. These are mutually reinforcing goals. To enhance equal justice and public safety for all communities, including the Black community, the President has:
Signed a historic Executive Order to put federal policing on the path to becoming the gold standard of effectiveness and accountability by requiring federal law enforcement agencies to ban chokeholds; restrict no-knock warrants; mandate the use of body-worn cameras; implement stronger use-of-force policies; provide de-escalation training; submit use-of-force data; submit officer misconduct records into a new national accountability database; and restrict the sale or transfer of military equipment to local law enforcement agencies, among other things. 
Taken steps to right the wrongs stemming from our Nation’s failed approach to marijuana by directing the Departments of Health and Human Services and Justice to expeditiously review how marijuana is scheduled under federal law and in October 2022 issued categorical pardons of prior federal and D.C. offenses of simple possession of marijuana and in December 2023 pardoned additional offenses of simple possession and use of marijuana under federal and D.C. law. While white, Black, and brown people use marijuana at similar rates, Black and brown people have been arrested, prosecuted, and convicted at disproportionately higher rates.
Announced over 100 concrete policy actions as part of a White House evidence-informed, multi-year Alternatives, Rehabilitation, and Reentry Strategic Plan to safely reduce unnecessary criminal justice system interactions so police officers can focus on fighting crime; supporting rehabilitation during incarceration; and facilitating successful reentry.
FACT SHEET
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leighlew3 · 15 days ago
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Hey I'm interested in how the industry works and how it's slowing down atm, could you give some insights?
Welp. Buckle up...
Between tech bros and tech bro appeasers taking over the industry, the streaming model (an initially positive thing that's been twisted into something obviously not always so great), the pandemic, and the strike, plus the ever present political and global upheaval which has investors/banks biting nails -- Hollywood is not in a good place, and it's being run further and further into the ground by people afraid to take any risks or spend any money -- worse than ever.
That means less specs being bought, less movies being made, less shows being greenlit, and so on. Productions in LA have fallen to historic lows (because what IS being made is increasingly being taken elsewhere for tax credits and lower cost). Output and employment is just not great. And of course fans have become more selective and most studios and executives are simply not remotely on the same page with audiences and viewers anymore and relying too much on algorithms and skewed data (and allowing hateful anti-“woke” mobs to review bomb and doom anything fresh) and then wondering why even their big blockbusters are flopping now as well.
This was supposed to be the year the industry started to bounce back after the pandemic and strike, and while it's gotten better than it was when it was completely at a standstill, and yes movies and tv are still being made, it's just not good. It's not remotely where it should be, let alone anywhere near the level it was pre-pandemic. And even pre-pandemic, we were already seeing a lot of these problems starting to rear their heads...
I mean in the 90s and early 2000s a straight white guy could give a one line pitch to a studio and be handed a million bucks to write it. Or write the most basic ass spec and make a cool couple million for the sale. But now, even the straight white guys have to have a project locked and loaded already with attachments (talent, director, producers) already on board. No one want to develop anything. Everyone wants everyone else to do all the work (aka spend all the time and money) first and then maybe they'll buy the package and make the movie, or distribute a finished product. Imagine what that means for mid to lower level projects entirely. And imagine what that especially means for women/POC/LGBTQ creatives.
Anyway, agencies and reps all thought things would start to really get back on track this year, but it hasn't, really. The town-wide motto being said to writers, actors, directors, etc by Spring/Summer was "survive 'til 25". Now, the new motto is "survive through 25". Now everyone is hoping, somehow 2025 will be a solid recovery year and 2026 might be a genuinely good year again. But it just keeps getting pushed back and looking more and more bleak. A lot of writers, showrunners, etc -- successful ones and newbies alike, are just flat out leaving or preparing to leave the industry entirely, if they haven't already.
And people who are considering making writing, acting, or crew work a career are being flat out told "now is not the time, don't come to Hollywood, don't try to make this a career because there's just not enough work right now, and the career might not exist at all soon". And that's... pretty yikes.
Look, Hollywood has ALWAYS endured. It survived the Great Depression, global wars, technological revolutions -- and I actually believe it will survive this era as well.
I'm just not sure what comes out the other side of it...
And that's not even taking into account the role AI will play.
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racefortheironthrone · 9 months ago
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Would you put Louis XIV as overrated?
Oof, that's a tough one.
It's particularly hard to answer because the reign of the Sun King also saw the tenure of some of the most influential chief ministers in French history: Mazarin, and Colbert.
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While perhaps not quite as famous as a certain cardinal whose schemes kept getting foiled by the Three Musketeers, these guys were world-historically important.
Mazarin was Richelieu's political heir, and brought his predecessor's policy of using the Thirty Years War as a way to break the back of Hapsburg dominance to a successful conclusion. The Peace of Westphalia not only served as the foundation for modern international relations, but also expanded France's position in Alsace and the Rhineland - especially when Mazarin pulled off an anti-Hapsburg alliance with the new League of the Rhine.
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At the same time that France was winning the Franco-Spanish War, which won them a big chunk of territory in the Low Countries around Artois, Luxembourg, and parts of Flanders, and all of the territory north of the Pyrenees Mountains including French Catalonia. It also got Louis XIV the hand of Maria Teresa, which would eventually create the catalyst for the War of Spanish Succession and the War of Austrian Succession...
And while Mazarin was doing all of this, he was also busy crushing the Fronde uprising led by le Grand Condé, which he eventually accomplished in 1653, and creating a formidble system of centralized royal government through the intendants that ended the power of the feudal nobility.
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As for Colbert, he was the guy who figured out how to pay for all of this. The single biggest reason why economists need to shut the fuck up when they talk about mercantilism, Colbert was the financial and economic genius of his age. Remember all those canals I'm so crazy about? Colbert built them. Specifically, he was responsible for the Canal des Deux Mers, transforming France's economy by linking the Mediterranean to the Atlantic.
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He also turbo-charged France's economic development by restructing public debt to reduce interest payments and cracking down on tax farmers, reforming (although not ultimately solving) the taxation system of the Ancien Régime by using indirect taxes to get around tax evasion by the First and Second Estate, equalizing (but not ending) internal customs duties, and putting the power of the state into supporting French commerce and manufacturing. This included significant tariffs to support domestic producers, direct public investments into lace and silk manufacturing, and the creation of joint-stock corporations like the French East India Company. (This also meant Colbert's direct promotion of the slave trade and the Code Noir in order to generate hugely profitable investments in Haitian sugar and tobacco plantations for import into France and the rest of Europe.)
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This makes it a little difficult to separate out what credit belongs to these guys versus the guy who hired them. What I can say is that Louis was directly responsible for Versailles, but also for the revocation of the Edict of Nantes.
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simply-ivanka · 1 month ago
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Why Do the Young Vote Left?
Socialist teachers lead them to think of government as a free-money tree.
It’s the gifts. The progressive vibe is that big government will take care of you. It knows what’s best for you. It will redistribute money how it pleases. You need to put a smile on your face while it takes away your laurels, guns and money. “We believe in the collective,” Ms. Harris declared, much like Hillary Clinton’s “it takes a village.” Equity in Schenectady. Handouts for all.
You want proof? Ms. Harris’s Senate voting record is leftward of socialist Bernie Sanders. Vice-presidential candidate Tim Walz fawns over China, saying “everyone is the same and everyone shares.” Viva la revolución and Che Guevara T-shirts for all.
This is antifreedom. Too many of today’s youth fall in line with progressives because they’re undereducated and overindoctrinated with someone else’s agenda. I watched in horror as local high-school biology classes spent weeks on the science of recycling centers and only a short afternoon on mitochondria and mitosis. Profit is a bad word. It’s gimme, gimme, whether it’s student loan forgiveness, free healthcare or tax credits.
Who’s to blame? Misguided capitalism-hating social-studies teachers to start, with Tim Walzian thinking: “One person’s socialism is another person’s neighborliness.” Who is he, Mr. Rogers? Add like-minded college professors. Work ethic and ambition are evaporating.
Worse, Pew Research notes almost a third of currently childless 18- to 34-year-olds aren’t sure if they ever want children. Why? The Harris campaign’s “climate engagement director,” Camila Thorndike, is among the hesitant, telling the Washington Post, “I want to protect them from suffering.” Perpetually pessimistic progressive prognostications induce fear. No wonder U.S. fertility rates are at historic lows.
OK, I know I’m asking for trouble. Every time I write about youth, I get a chorus of comments and tweets telling me I’m an old man screaming, “Hey you kids, get off my lawn.” Yeah, yeah. Very clever. I’m not that old. But in the Kamala collective—as California attempted—private “ornamental” lawns are out, and drought-resistant vegetation is in. Progressives literally want you off your own lawn.
My conversations with young folks who do exhibit some actual drive show their confusion: “I want to do a startup.” Great! To do what? “A sustainable something or other. To save the planet.” OK, is it productive? “What’s that?” Does it scale? “Huh?” Will it do more with less? “Not really, it needs lots of money to keep going and save more of the world.” Sounds like a nonprofit. (That usually invokes a smile.) Actually, wealth comes from delivering ever-cheaper stuff to millions of people, not handouts. “I don’t care about money.”
OK, I say, but progress and societal wealth happen when you delight customers and postpone consumption to reinvest profits into better products. The looks on their faces are as if I’m describing Chinese arithmetic.
Our youth aren’t lazy but lost. Progressives have strong opinions about society but no viable solution beyond handing out other people’s money—taken from the few who actually are productive, drive progress and generate wealth by fulfilling customer needs. It’s a downward spiral: When progressives tax—screaming “fair share!”—they cripple the productive few who actually create the real non-burger-flipping, get-out-of-your-parent’s-basement jobs.
To aggressive progressives, government is simply a magic money tree. Vote left and dollars appear. The gross incompetence of government—think billions for eight electric vehicle chargers—destroyed healthcare (thank you, ObamaCare) and education (assisted by Randi Weingarten’s teachers union) and is close to destroying energy (net zero), even while the Biden-Harris administration works hard to destroy Big Tech—one of the few productive industries. And I’ll never forgive progressive Hollywood for turning “Star Wars” into unwatchable wokey Wookiee drivel.
What industries will be left standing? Who cares, because the dreamy types think generative artificial intelligence will kill all jobs and government will provide universal basic income so they can Zyn, TikTok and play College Football 25 videogames all day. A naive youthful triumphalism.
This is a false endgame. There is so much more to be invented: drugs, immunotherapy, fusion, self-folding clothes, humanoid robotics, flying cars. Hard brain work plus quality recharging leisure time is the goal, not a nation of welfare queens.
I feel sorry for the youth that do care, do work hard, are productive and help push the boulder of progress up that steep slope, while essentially carrying all the others on their backs. It’s you against the collective, the village, which is always about being supported, pampered, living off someone else’s hard work and then complaining that the handouts aren’t big enough. So, yeah, get off my lawn, while lawns are still allowed.
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