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PosterChild

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Member since: Sun Feb 9, 2014, 12:43 PM
Number of posts: 328

Journal Archives

TPP = 650,000 Jobs? Umm, no...

....mainstream economists do not believe that the number of jobs is significantly affected by trade policy.

“The reason we don’t project employment is that, like most trade economists, we don’t believe that trade agreements change the labor force in the long run. The consequential factors are demography, immigration, retirement benefits, etc.,” he said. “Rather, trade agreements affect how people are employed, and ideally substitute more productive jobs for less productive ones and thus raise real incomes.”


The Obama administration’s illusionary job gains from the Trans-Pacific Partnership

http://wapo.st/1ySV6ap

TPP = 650,000 Jobs? Umm, no...

....mainstream economists do not believe that the number of jobs is significantly affected by trade policy.

“The reason we don’t project employment is that, like most trade economists, we don’t believe that trade agreements change the labor force in the long run. The consequential factors are demography, immigration, retirement benefits, etc.,” he said. “Rather, trade agreements affect how people are employed, and ideally substitute more productive jobs for less productive ones and thus raise real incomes.”


The Obama administration’s illusionary job gains from the Trans-Pacific Partnership

http://wapo.st/1ySV6ap

Bernie Sanders is right to be outraged

As Sanders is learning, you can’t have a populist revolution without people.

Bernie Sanders is right to be outraged

BSDM or CCM ? You decide ....

While roaming around the internets I came across this and thought I would share:

50 Shades of Grey or Contemporary Contemporary Christian Music Lyrics? A Quiz

http://www.patheos.com/blogs/nolongerquivering/2015/01/50-shades-of-grey-or-contemporary-christian-music-lyrics-a-quiz

Stand up for your rights ! !!

http://www.theonion.com/articles/i-dont-vaccinate-my-child-because-its-my-right-to,37839/

Elizabeth Warren keeps pressure on Hillary Clinton

The Washington Post: Elizabeth Warren keeps pressure on Hillary Clinton and Democrats ahead of 2016

It is hard to think of a precedent for the role she has carved out in the Senate. “I think she’s brought some extraordinary credentials to this job in the public policy area. The only analogy I can think of is a former first lady. That’s an interesting analogy, on a lot of levels.”

Warren’s critics, however, say she often steps over the line between simplifying things and being simplistic..... when she was a Harvard Law School professor heading the TARP oversight board.... the hearings that Warren conducted “often felt more like made-for-YouTube inquisitions than serious inquiries. She was worried about the right things, but she was better at impugning our choices — as well as our integrity and our competence — than identifying any feasible alternatives.”

Weiss’s defenders saw the same traits at work in her opposition to his nomination. It was not a total victory for Warren, given that Weiss will instead be given the title of “counselor” to Treasury Secretary Jack Lew, a position that does not require Senate confirmation.

The Washington Post editorial page called Warren and her allies’ case against Weiss “a grab-bag of symbolism and epithets, not a ration­ale.” New York Times columnist Andrew Ross Sorkin called her outrage “misdirected,” “misinformed,” and “just another campaign talking point.”

Adam Smith defends Elizabeth Warren

From The Wealth of Nations, Book II, Chapter II - Of Money considered as a particular branch of the general stock of the society:

To restrain private people, it may be said, from receiving in payment the promissory notes of a banker, for any sum whether great or small, when they themselves are willing to receive them; or, to restrain a banker from issuing such notes, when all his neighbors are willing to accept of them, is a manifest violation of that natural liberty which it is the proper business of law, not to infringe, but to support. Such regulations may, no doubt, be considered as in some respect a violation of natural liberty. But those exertions of the natural liberty of a few individuals, which might endanger the security of the whole society, are, and ought to be, restrained by the laws of all governments; of the most free, as well as of the most despotical. The obligation of building party walls, in order to prevent the communication of fire, is a violation of natural liberty, exactly of the same kind with the regulations of the banking trade which are here proposed.


So sayeth the originator of the "invisible hand."

"Stop shopping and join the movement" ....

.... how moving. 200 protesters? 50 at another location? Pretty pitiful. This is a movement that isn't going to move very much further.

In Ferguson, the cause of justice...

...has been dealt a sever setback. By those who were demanding justice.

Distraught: The manager of the Little Caesar's said he understood the protesters were angry but added: 'Speaking your mind - that’s America. You are supposed to be able to protest peacefully and make your point. But this...'




http://www.dailymail.co.uk/news/article-2850383/A-town-ravaged-anger-pictures-extent-damage-buildings-Ferguson.html

Just voted.... Had a discussion...

Just voted - all Democrat (of course), and on the "non-partisan" school board ticket I voted for the "Teacher Approved" slate.

Had a discussion - with one of the campaigners outside the polling place. I always talk to the campaigners (of either party) and ask "probing" questions about the candidates, their positions and policy in general. It's interesting to find out their views and motivations, and I get the sense they appreciate it, being taken seriously and getting a chance to engage a bit.

This campaigner was a mature Indian lady, dressed traditionally and with a head scarf. Don't know if she was Muslim or Hindu. Once she realized I was not going to brush her off, she became a bit confessional and told me that "getting involved in politics" was very unusual for an Indian woman. She said this would normally be looked down on and discouraged. What she was doing was very simple and quotidian - just saying hi and passing out campaign literature, but it seemed to have caused her a bit of an emotional crisis to get involved. She said she had just talked to her relatives in India and she did not mention her activity to them at all because they would have been shocked and would try to discourage her!

I suggested that the next time she gets a chance to talk with them, she should tell them what she did. I told her I think it would be good for them to know so that they would have a better appreciation for what it is like in America and how America differs from their part of the world. She agreed that it would be a good idea and that it would help them to gain a broader understanding of America.

My own opinion is that, long term, the future of womankind is the future of humanity. Almost every significant world/historical problem that humankind faces is ameliorated by the progress of women toward full equality and acceptance in education, economic and social life. Malala truly deserves the Nobel peace prize. And this woman, by taking part in an activity that is outside of her traditional comfort zone, and by providing a role model to others from the same background, is also part of that.

I hate to go all exceptional and everything, but... America! You just gotta love it!
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