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.
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.
Tweet of the day:
Income inequality isn't the half of it: The racial wealth gap is stupefying. pic.twitter.com/7e8QLmJbfX
— Lydia DePillis (@lydiadepillis) February 14, 2017