Notwithstanding the [late] reckoning with our very own special coup, the one we think we dodged and the very one over which Our Media is fascinated by exactly all the wrong details; the battle between Chicago and lake Michigan; and the new Gilded Age space flights for plutocrat tourists, the economy seems to have magically withstood a pandemic (Narrator: It’s not magic):
Initial unemployment claims came in at 360,000 for the week ending July 10, below the previous week’s revised read of 386,000. That reading matched the consensus forecast among economists, according to Bloomberg.
The decline in the seasonally adjusted number resumes the overall downward trend of the volatile data series after an unexpected rise in initial claims last week. The Labor Department noted that this marks a new pandemic-era low.
While the number of Americans newly filing for unemployment benefits tends to bounce around from week to week, it’s been on a general downward trend after spiking to record-shattering numbers amid the early days of the pandemic last spring. The return to that downward trend matches other data suggesting a steadily recovering labor market.
360K is still a very many lot of people, and yet you ask: after years of making sure our billionaires had enough nest eggs to color-coordinate their space suits, how was it possible to get through a year of very limited economic activity and still be able browse and sniff at the want ads and generally avoid most of the fascist tendencies on offer? Give. People. Money.
CARES and PPP run themselves out by design, which is helping people stay afloat. This is why we’re longing for vacations instead of standing in breadlines. And the infrastructure bill will bring more of this – not gifts and not luxuries – but investments in people and how we live, with recommendations for new arrangements for different needs that WE have made absolutely necessary (see Chicago example above and read the history). Move the monuments. Buy the trains. Pay the carpenters, or become one. As legend has it, the profession has a storied past.
Climate games seem to take a turn for the weird, but not really:
At the beginning of 2012, I received an anonymous document in the mail describing what appeared to be details of the Heartland Institute’s climate program strategy. It contained information about their funders and the Institute’s apparent efforts to muddy public understanding about climate science and policy. I do not know the source of that original document but assumed it was sent to me because of my past exchanges with Heartland and because I was named in it.
Given the potential impact however, I attempted to confirm the accuracy of the information in this document. In an effort to do so, and in a serious lapse of my own and professional judgment and ethics, I solicited and received additional materials directly from the Heartland Institute under someone else’s name. The materials the Heartland Institute sent to me confirmed many of the facts in the original document, including especially their 2012 fundraising strategy and budget. I forwarded, anonymously, the documents I had received to a set of journalists and experts working on climate issues. I can explicitly confirm, as can the Heartland Institute, that the documents they emailed to me are identical to the documents that have been made public. I made no changes or alterations of any kind to any of the Heartland Institute documents or to the original anonymous communication.
There are no rules for playing fairly. That was a period, right after that ‘y’. But the political landscape is laid all the more bare when the opposition (to climate change?) observes nothing but the mantle of lies, obfuscation and dependency on liberals to preserve rational debate:
You can’t have a”rational public debate” with people whose whole reason for existence is to obfuscate the truth by paying big bucks to scientist/whores for whom ‘scientific inquiry’ means first posing the question “How much does it pay?” to be followed (after a brief period of haggling) with “What do you want it to say?”. From there corporate fronts like the Cato Institute, the Hoover Institute, the Heritage Foundation take the scientific 3-card monte game that has been handed to them and they round the edges, smooth out the rough spots, couch the language and cherry-pick the most easily digestible nuggets of bullshit which they dole out on 3×5 cards to Fox News, English tabloids, and an assortment of conservative bloggers and lesser whores who are paid to appear objective and thoughtful.