Daily Clips

Daily Clips: February 22, 2017

Trump may revoke transgender bathroom rules: Back to the closet you go! What is it with old white men and not being ok with different people?

Americans Are Drowning in Student Debt—Can Trump Save Them? Trump’s student loan “plan” actually is quite liberal. During the campaign, he suggested that loan  payments should be capped at 12.5 of a borrower’s income, with the ability to earn loan forgiveness after 15 years.

Top put this plan in perspective, Obama’s REPAYE plan “has borrowers pay 10 percent of their income over 20 to 25 years before qualifying for forgiveness.”

Ryan’s tax plan is headed for failure: Jennifer Rubin (who once was considered a Republican) criticizes Paul Ryan’s quite silly tax plan. Worth a read, if only to see Rubin lambasting the GOP’s rising star.

Mitch Mcconnell says, “Winners make policy, losers go home”: Could he be any more of a dick?

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Daily Clips: February 21, 2017

Resistance isn’t enough, says David Brooks:

The central task for many of us now is not to resist Donald Trump. He’ll seal his own fate. It’s to figure out how to replace him — how to respond to the slow growth and social disaffection that gave rise to him with some radically different policy mix.

Unions in the precarious economy: Wow. If you want to really understand unions and their place in the US economy, you should read this piece. Extremely detailed.

Washington drivers facing sticker shock in latest car-tab renewal bills: ST-3 was passed this November and to pay for the expansion, the car-tab tax will be raised by 0.8% based on a vehicle’s value.

Mark Cuban: Robots will ‘cause unemployment and we need to prepare for it’

Jay Inslee for president? Governor’s profile is on the rise: In my mind, there’s no way Jay is considering this opportunity. But it’s only 3 years until the election, so of course, let’s hype this story up.

How to watch Mayor Ed Murray’s State of the City address from the Idris Mosque

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Daily Clips: February 17, 2017

Inslee takes on Trump:

State Republican Party Chair Susan Hutchison is trying to play to those questions, suggesting that Inslee might be interested in running for president himself. It’s one of the oldest political tactics used against a governor who deals with national politics: Get people to wonder whether their governor is working for them or just raising his own political profile. Hutchison claims to have “sources.”

The West Coast is leading the way: Excellent podcast on Oregon, California, and Washington’s resistance.

Puzder out, Acosta in:

At the outset, Acosta appears to be a mild choice compared with Puzder. As a member of the Federalist Society and a former clerk to Supreme Court Justice Samuel Alito, Acosta is unquestionably a staunch conservative, but he also is well regarded in government circles as a thoughtful colleague with a sharp legal mind.

Democrats finally have a chance to take back the Washington Senate—and turn the state blue:

What’s more, Democrats just recruited a very strong candidate, prosecutor Manka Dhingra, while Republicans still haven’t figured out who they’re running. Rossi hasn’t made up his mind, though it sounds like he’s viewing the position as a placeholder job. But no matter who picks up the baton for the GOP, they’re going to have a hell of a time hanging on to a seat where Trump got just 28 percent of the vote.

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Daily Clips: February 15, 2017

Are we headed for another Watergate?

It’s been a long time, but remember this: The road to Watergate and the resignation of Richard Nixon began in April 1969, three months after his inauguration, when the president ordered Mr. Kissinger to wiretap members of his own staff in an effort to stop embarrassing leaks of secret information. One thing led to another until the commander in chief was athwart the Constitution.

It’s been barely three weeks since the Trump team took office, and a distinct aroma has started wafting out of Washington, what Mr. Kissinger is said to have called “the odious smell of truth.”

Welcome to the new dark ages, where only the wealthy can retire:

The important thing to remember, however, is that none of this is as “inevitable” as the politicians would have us think. Many societies have an ageing population. But not all of them are willing to shove a frail 75-year-old back into a cut-throat service economy. That’s a specialism of societies that have embraced the utter madness of neoclassical economics, such as the UK and the US.

Reichert votes against releasing trump taxes: What a guy.

Monopolies are worse than we thought:

There’s now evidence that market concentration could also be hurting workers, by decreasing the share of national income that they receive. It’s probably making inequality worse.

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Daily Clips: February 14, 2017

Ding, dong Michael Flynn is gone: Valentine’s Day just got a whole lot better.

The relentless pace of automation: Yesterday, the Civic Skunk Works gang was talking about the automation crisis and the threat it represented to low-income workers. This MIT piece on automation would have come in handy during our discussion (that was filled with more generalities than we would have liked).

Yellen’s testimony today: Over at Crossing Wall Street (an investing/economics blog) there is a full breakdown of her Monetary Policy Report.

The left needs to move beyond resistance:

After all, at some point, the newly activated masses aren’t just going to want to protest against things, they will also want to be for something. As they start looking around for concrete alternatives, the Democrats are the only thing on offer. All the energy and effort of the Bush era gave us the neoliberal stagnation of Obama.

Alex Jones being Alex Jones: This is, verbatim, what he said on air.

Prosperity makes monsters, adversity makes men. And every metric shows it: Un — off the chart depression, off the chart cancer, off the chart obesity, off the chart everything bad. And then you look at the controllers, who know all this and they’re trying to make it worse because — I used to think it was [unintelligible] said this, that they were doing all this because they were in competition with thinkers. No, no, no, no, no.

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Daily Clips: February 13, 2017

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Seattle property taxes would rise under GOP school-funding plan, state McCleary analysis shows:

The average Seattle homeowner would see an overall property-tax increase of $628 in 2019, the OFM says. That is more than twice as high as the estimated average increase of $250 given by Sen. John Braun, R-Centralia, the chief Republican budget writer, when he introduced the plan.

Inslee, Democratic lawmakers look to protect data for immigrants, refugees in Trump era:

Democratic officials in states like California, New York, Massachusetts and Oregon also are pushing to shield state data from the federal government. Oregon Gov. Kate Brown this month announced an executive order to keep state agencies from assisting the federal government in deportations or creation of a Muslim registry.

Burger King, Tim Hortons owner’s profit more than doubles: Soooo does that mean that Burger king can improve their minimum wage from $8.12 an hour?

Daily Clips: February 10, 2017

Trump’s stupid frickin’ wall is going to cost $21.6 billion and take 3.5 years to build:

President Donald Trump’s “wall” along the U.S.-Mexico border would be a series of fences and walls that would cost as much as $21.6 billion, and take more than three years to construct, based on a U.S. Department of Homeland Security internal report seen by Reuters on Thursday.

Trump admin reportedly plans to delay the ‘Fiduciary’ rule for 180 days:

On Feb. 3, President Donald Trump ordered the Labor Department to review the fiduciary rule—a move widely interpreted as an effort to delay or kill the regulation.

Marathon Pharmaceuticals to charge $89k for Muscular Dystrophy drug: The free market, everyone.

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Daily Clips: February 8, 2017

Progressives, keep it simple and take credit: This is an incredible piece of work from Democracy Journal. It highlights many of the concerns and frustrations I have had with the Democratic Party in my young life; namely, all our policies are really complicated and we are terrible at selling them to the American people.

How to Make America Greater: More Immigration: Inclusion=prosperity.

Dodd-Frank Rollback May Fall Short of G.O.P. Hopes:

And only Congress, which passed Dodd-Frank, can make major changes. Most tweaks will need the backing of 60 senators, and Republicans fall short by eight votes. Liberal lawmakers are mobilizing against them. On Monday, Nancy Pelosi, the House Democratic leader, held a news conference decrying President Trump’s efforts to “put Wall Street first.”

Seattle City Council votes to cut ties with Wells Fargo over Dakota Access Pipeline lending: A small victory, but one that shouldn’t be taken for granted.

Who uses Obamacare in WA? People from Trump country: 

The Washington counties with the highest use rate of the state exchange are rural: Adams, Okanogan and Yakima. They’re east of the Cascades and they voted for Donald Trump.

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