"A Wall Street Journal–NORC poll released yesterday found that only 25% of Americans believe they have a good chance of improving their standard of living. Nearly 70% said it was no longer possible to work hard and get ahead. A majority of those polled said the generation before them had an easier time starting a business, buying a home, or staying at home to parent a child."
The weighted average tariff in effect on US imports continues to creep higher w/ every announcement taking it to levels not seen since the 1930s & customs collections are on track for >$350bn in taxes on US firms & consumers per year while the media dutifully reports things as "not as bad as feared"
"Power plants that do get built, something that must happen to keep up with demand, will simply be more expensive." "Electricity retail prices will rise on average by 7.3 % for households and 10.6 % for businesses, according to the Clean Energy Buyers Association, but in the most heavily affected states, prices will go up by as much as 29 %. An even grimmer analysis from Energy Innovation shows wholesale electricity prices increasing 74 % by 2035."
Trump Vows to Create More Blackouts: Side agreements with the House Freedom Caucus will make most #cleanenergy projects unviable and leave the U.S. with not enough power to meet demand
We need to know more about our #conspiracy peddlers. What are they selling? How are they funded?
"The emotional appeal of a conspiracy theory is in its simplicity. It explains away complex phenomena, accounts for chance & accidents, offers the believer the satisfying sense of having special, privileged access to the truth. For those who become the one-party state's gatekeepers, the repetition of these conspiracy theories also brings another reward: power."
“Think of the fed gov as a car. You might have thought that the election was like getting the car serviced. Instead, when you come into the shop, the mechanics, who somehow don’t look like mechanics, tell you that they have taken the parts of your car that work and sold them and kept the money. And that this was the most efficient thing to do. And that you should thank them.” -- #TimothySnyder
"$1.4215t/year without even breaking a sweat, just by tacking (some of) the country's worst looting and tax evasion." "There's plenty of scenarios where interest payments result in the remaining $580b/year in savings, bringing the total up to $2t." "Now, sucking $2t/year out of the US economy all at once..." would hurt the economy, so best to phase cuts in over time.
“I’ve always been very, very lightly edited on the column,” he said. “And that stopped being the case. The editing became extremely intrusive. It was very much toning down of my voice, toning down of the feel, and a lot of pressure for what I considered false equivalence.” And, increasingly, attempts “to dictate the subject.”
@pluralistic what a great term: accountability sink. There are everywhere.
"The insurance company merely serves as an accountability sink, a layer of indirection that lets a murder happen without any person being the technical murderer:"
"Look, I’m done. I poured years and endless hours into establishing myself on walled garden services administered with varying degrees of competence and benevolence, only to have those services use my own sunk costs to trap me within their silos even as they siphoned value from my side of the ledger to their own." -- @pluralistic
"In 20 U.S. states, there are fewer than 1,000 newspaper employees remaining. While declining journalist employment attracts much attention, newsroom jobs account for only a third of newspaper positions. Many of the losses in the remaining positions occur largely unseen as newspapers reduce delivery schedules and consolidate printing operations."
From Northwestern's Local News Initiative's 2024 Report:
"Since 2005, more than 3,200 print newspapers have vanished. Newspapers continue to disappear at a rate of more than two per week; in the past year alone, 130 newspapers have shut their doors. In addition to these closures and mergers, papers are reducing their print coverage, including shifting from dailies to weeklies or ending print publishing altogether."
@pluralistic This blog post looks excellent. I look forward to reading the rest of it later today.
"When Congress created an agency to punish "unfair and deceptive" conduct, they were saying to the American people, "You have a right not to be cheated." While this may sound obvious, it's hardly how the world works."
I want better 🇺🇸 policy debate; stronger political center. Interests: economy - esp anti-monopoly, healthcare, pro-democracy - 🦉 curious. Really appreciate meditation 🧘🏻♀️, health, beauty, good 🍽 & 🍷.I HAVE A DREAM: of healthier iSpaces. Mastodon is part of manifesting that dream. May the citizens of the 🇺🇸 rise up and disrupt enshittification.More about healthy iSpaces - BBC's Rethink: Is the internet getting worse? https://www.bbc.co.uk/sounds/play/m0022z9r