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cvanderloo

Biden's German Shepherd, A Rescue Dog, To Get 'Indoguration' : NPR - 0 views

  • President-elect Joe Biden is set to restore a bipartisan norm upon moving into the White House: presidential dogs.
  • Joe Biden showed up."He just dropped in on Easter Sunday of all days," Carroll said, "and wanted to meet the puppies."
  • Biden returned to the shelter with a grown Major to officially adopt him in November 2018.
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  • Sunday's "indoguration," co-hosted by Pumpkin Pet Insurance, touts Jill Martin of NBC's Today show along with "notable rescue dogs and their parents." Proceeds support the Delaware Humane Association.
  • Though Major is digging up new ground as the first shelter pup in the White House,
  • President Trump is the first president in more than a century not to have a dog. William McKinley had only cats and birds, including a parrot named Washington Post.
  • Biden even targeted dog lovers with a campaign message shortly before Election Day.
  • "If you need pet food because you're struggling, or you need low cost vaccinations to keep your pet healthy, all the things people need, they should see their shelter as a resource."
aprossi

Joe Biden wrests control of Donald Trump's spotlight and makes first big bet of preside... - 0 views

  • Biden wrests control of Trump's spotlight and makes first big bet of presidency
  • a $1.9 trillion plan to end the pandemic, save the economy and revive the weakened heartbeat of a nation.
  • he will take the oath of office amid soaring fears of violence by pro-Trump extremists, which will mean the National Mall will be empty of its carnival crowds of thousands who traditionally witness the sacred transfer of presidential power.
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  • It also gave him the chance to set out the dire state of the nation he will lead in just five days and to establish a baseline from which to manage the expectations on which he will be judged.
  • The President-elect's initiative is packed with extended unemployment benefits, rental assistance, aid to small businesses and $1,400 more in stimulus payments, in addition to the $600 already appropriated. Biden wants billions of new spending to help schools open, $20 billion for a national vaccine plan and $50 billion for expanding coronavirus testing and plans to hire an army of 100,000 public health workers.
  • Biden proposes $1.9 trillion vaccination and economic rescue legislative package
  • Biden puts $2,000 stimulus payments back in play
  • Biden taps Lisa Monaco as homeland security adviser to inauguration amid rising threats
  • MAP: Full presidential election results
  • which has killed at least 387,000 Americans.
  • No new commander in chief since Franklin Roosevelt in 1933 has faced a tougher baptism of crises than Biden
  • The Trump administration had promised it would vaccinate some 20 million people by the end of 2020, but so far Operation Warp Speed has been able to get only about 10 million doses out to state and local governments
  • 100 million shots over his first 100 days.
Javier E

Opinion | Trump's Tweeting Isn't Crazy. It's Strategic, Typos and All. - The New York T... - 0 views

  • And Mr. Trump’s typo? It was surely not accidental. That extra “i” circumvented Twitter’s efforts to hide the hashtag in search results. Called #typosquatting, this tactic is often used by trolls and media manipulators to get around the rules of social media platforms.
  • Constant repetition makes the charge sound true, and blunts accusations of unethical behavior against Mr. Trump’s own children. With the hashtag, Mr. Trump found a way to tell supporters: Here is all you need to know about the Democratic nominee.
  • The hashtag took a complicated issue with legitimate questions about Hunter Biden’s business dealings with Ukraine and China — and reduced it to a slogan that could also be used to spread falsehoods about Joe Biden
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  • #BidenCrimeFamily, and the typo, is a crash course in how to rally supporters around a conspiracy theory — while neutering the attempts of social media companies to stop it. Mr. Trump has used this same tactic to sow doubt about mail-in ballots and the integrity of the election.
  • On Wednesday afternoon, with the presidential race unresolved, a protester in Nevada interrupted an election official’s news conference by yelling, “The Biden crime family is stealing the election!”
  • #BidenCrimeFamily is part of a yearlong, effective disinformation campaign against Joe Biden. In the final days of the presidential race, the hashtag was used on Twitter and Facebook, as well as the darker parts of the web, including 4chan and Parler. It was repeated in the right-wing media ecosystem, like Steve Bannon’s podcast and The Gateway Pundit.
  • In the last month, on Facebook alone, it reached at least 277,000 people, according to CrowdTangle — and that’s only on non-private pages
  • Stage 2: Seeding on Social MediaIn any manipulation campaign, the second stage involves campaign operators strategically spreading the hashtag across the media ecosystem.
  • Stage 1: OriginsFor more than a year, right-wing media and partisans have pushed “Biden crime family” as a viral slogan. Media manipulation campaigns are usually conjured in small, hidden spaces by a few operators with an agenda. But in this case, it was influential media and political personalities who got the ball rolling.
katherineharron

Trump and his campaign promote dishonestly edited Biden video - CNNPolitics - 0 views

  • President Donald Trump and his campaign promoted a dishonestly edited video on Saturday that wrongly made it seem as if Democratic presidential candidate Joe Biden had accidentally endorsed Trump. The clip, which was viewed more than 5.8 million times and retweeted more than 34,000 times as of Sunday morning at 10 AM, showed Biden struggling with a line in his Saturday speech in Kansas City, Missouri, then saying, "Excuse me. We can only re-elect Donald Trump."
  • But the clip was edited to cut out the second part of Biden's sentence. What the former vice president actually said was this: "Excuse me. We can only re-elect Donald Trump if in fact we get engaged in this circular firing squad here. It's gotta be a positive campaign." Biden had called for an end to "negative attacks" in his primary contest with Vermont Sen. Bernie Sanders.
tongoscar

Martin Luther King and the 'polite' racism of white liberals - The Washington Post - 0 views

  • The year was 1965, and the Voting Rights Act had just passed. Many Californians were shocked by the uprising. Gov. Pat Brown maintained that California was “a state where there is no racial discrimination.”ADBut Martin Luther King Jr. had come to Los Angeles numerous times before to join black Angelenos’ struggles against police brutality and school and housing segregation. In an essay three months after the Watts uprising, King called out the disingenuous surprise, knowing firsthand how Californians, New Yorkers and others had brushed off years of local black movements.
  • “As the nation, Negro and white, trembled with outrage at police brutality in the South, police misconduct in the North was rationalized, tolerated, and usually denied,”
  • Presidential Democratic candidates former vice president Joe Biden, former South Bend, Ind., mayor Pete Buttigieg and former New York mayor Mike Bloomberg have presided over policies that perpetuate racial injustice in law enforcement.
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  • In 1964, some of King’s fellow civil rights leaders called on him to denounce a planned “stall-in” by the Brooklyn Congress of Racial Equality (CORE), a civil rights group protesting job discrimination and housing and school segregation.
  • King was familiar with being welcomed by leaders who saw themselves as liberal and anti-racist only to have them react furiously when attention turned to the need for local change.
  • On this King holiday, in this election year, we need to listen to the King who called out the hypocrisy of liberal allies who praised the struggle in the South while decrying disruptive black activism at home;
katherineharron

Lindsey Graham encourages senior judges to step aside ahead of election - CNNPolitics - 0 views

  • Senate Judiciary Chairman Lindsey Graham on Thursday encouraged senior federal judges to step aside so his committee can approve conservatives who President Donald Trump would nominate to replace them ahead of the November election.
  • "This is an historic opportunity," Graham said in an interview with conservative radio host Hugh Hewitt. "If (Trump) can get four more years, I mean, it would change the judiciary for several generations. So if you're a circuit judge in your mid-60s, late 60s, you can take senior status, now would be a good time to do that if you want to make sure the judiciary is right of center."
  • The unusual plea was prompted by Hewitt and reflects a recognition from Senate Republicans they may not control the chamber next session and therefore won't be in a position to push through confirmations of Trump's judges should he win reelection.
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  • Federal judges who have reached age 65 are eligible to take "senior status" depending on their number of years on the bench. That allows them to maintain a reduced caseload, while creating a vacancy on the court
  • Should Trump lose his reelection bid to presumptive Democratic nominee Joe Biden, any future vacancies could potentially be filled by liberal judges. If Trump remains in office but Democrats take control of the Senate, his nominations could be blocked by the new majority.
  • "Obviously, the senior judges need to let the White House know in advance of the actual date so that we can be prepared to move the new nominee. As I said, my motto for the year is leave no vacancy behind, and that's exactly what I mean," the Kentucky Republican told Hewitt in an interview in February.
  • Speaking late last year to Hewitt, McConnell remarked that "one of every four of the US circuit judges in the country have been put on the bench" during Trump's tenure.
katherineharron

Trump pursues his political obsessions as stark 100,000 coronavirus deaths landmark loo... - 0 views

  • Sometime in the next few days, the 100,000th American will succumb to Covid-19 in a pandemic that President Donald Trump once predicted would just "miraculously" disappear.
  • In his most politically significant maneuver, he heaped intense pressure on North Carolina's Democratic governor to permit a normal, crowded Republican National Convention, despite fears such a mass gathering could seed virus hot spots. Trump warned he could pull the huge money-earner out of Charlotte, which was picked to play host in August.
  • And he indulged his preoccupations on his tax returns, Hillary Clinton, Fox News, slanders against MSNBC host Joe Scarborough, the Russia investigation, Joe Biden's mental health, former Attorney General Jeff Sessions, mail-in voting in November and highlighted dangerous and unproven Covid-19 therapies promoted on conservative media he has tested himself.
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  • "For as long as we have citizens willing to follow their example, to carry on their burden, to continue their legacy, then America's cause will never fail and American freedom will never, ever die."
  • But that doesn't mean it isn't jarring, as the most wrenching moment so far approaches in the nation's battle against a pandemic that while ebbing in terms of total deaths is trending up in 18 states, is steady in 22 and easing in 10 more. More than 98,000 people in the US have now died from the coronavirus and more than 1.6 million have been infected. More than 30 million Americans have lost their jobs and the unemployment rate is approaching Great Depression levels.
  • There was little evidence of a deeper meaning to his presidency at this stage than personal and political grievances.
  • No White House could have been fully prepared for the disaster and subsequent economic hollowing of this year's pandemic
  • Trump spent much of Memorial Day, fulminating against Cooper, complaining that the North Carolina governor was "unable to guarantee" the arena for the convention in August can be filled to capacity. The President is determined to deploy the full pageantry of convention season to portray a nation and economy in the full throes of what he calls a "transition to greatness."
  • Yet such a spectacle as the Republican convention seems utterly incongruous with real-world events. Sports teams that use such arenas are expecting to play without fans for at least months in a bio-secure environment. The prospect of thousands of delegates pouring into convention cities from all over the country, including coronavirus hotspots, is a huge headache for organizers.
  • "In other words, we would be spending millions of dollars building the Arena to a very high standard without even knowing if the Democrat Governor would allow the Republican Party to fully occupy the space."
  • It was not immediately clear whether Trump and the Republican National Committee are serious about pulling the convention from Charlotte.
  • Trump has used federal resources multiple times to fly to his resorts and golf courses. Trump's two rounds this weekend struck critics as inappropriate during a national crisis and on a weekend when American remembers its war dead.
  • "Nearly 100,000 lives have been lost, and tens of millions are out of work. Meanwhile, the president spent his day golfing," Biden wrote in a tweet accompanying an online ad Saturday.
  • Trump may not come under such criticism had he not been so dismissive of Obama's afternoons on the golf course -- and saying he wouldn't have time to play golf if he was elected president.
peterconnelly

Trump aide Peter Navarro indicted for contempt of Jan. 6 Capitol probe - 0 views

  • Trump White House trade advisor Peter Navarro was arrested at an airport Friday on a federal indictment charging him with two counts of contempt of Congress for his refusal to comply with a subpoena issued by the House select committee investigating the Jan. 6, 2021, riot at the U.S. Capitol.
  • The House of Representatives in April voted to ask the U.S. Justice Department to criminally prosecute Navarro and Dan Scavino, another former Trump aide, for failing to comply with their subpoenas.
  • During the proceeding, he railed against prosecutors for alleging colluding with a “partisan Congress” and the White House of Democratic President Joe Biden.
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  • “Who are these people? This is not America,” Navarro said. “I was a distinguished public servant for four years.”
  • A Feb. 9 letter to Navarro from the House committee issued with the subpoena said the panel had reason to believe he had information relevant to the investigation in the riot and invasion of the Capitol, which disrupted for hours the certification by a joint session of Congress of the election of Biden.
  • Navarro called the circumstances of that arrest an example of “prosecutorial misconduct.”
  • Navarro argues in his suit that the committee was improperly created and that its subpoenas, as a result, are unenforceable.
  • Navarro is next due to appear in court on June 17.
Javier E

Joe Rogan's weak apology and my colleague's covid death - The Washington Post - 0 views

  • Imagine if Rogan were to use his incredibly powerful voice — he has some 11 million listeners per episode — to talk productively about all of this, to counter some of the destructive bilge instead of adding to it.
  • Imagine if Spotify recognized that a platform is essentially a publisher, and that media organizations of all kinds constantly have to make decisions about what’s appropriate to put on the air, in their pages or on their websites.
  • Imagine if its leadership chose not to shrug off their responsibility about promulgating dangerous and false content while making lofty-sounding noises about avoiding censorship.
Javier E

Opinion | There's a Name for the Trap Joe Biden Faces - The New York Times - 0 views

  • this trap: escalation of commitment to a losing course of action. In the face of impending failure, extensive evidence shows that instead of rethinking our plans, we often double down on our decisions.
  • It feels better to be a fighter than a quitter.
  • we can’t know for sure which decisions will turn out to be good. But decades of research led by the organizational psychologist Barry Staw have identified a few conditions that make people especially likely to persist on ill-fated paths.
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  • Some of the worst leadership decisions of our time can be traced to escalation of commitment. Many people lost their lives because American presidents pursued a futile war in Vietnam — and continued searching for weapons of mass destruction that weren’t in Iraq.
  • Escalation of commitment helps to explain why leaders are often so reluctant to loosen their grip on power. Losing a high-status position can make them feel as if they’re losing their place in the world. It leaves them with bruised egos and wounded pride.
  • we use our big brains not to make rational decisions, but rather to rationalize the decisions we’ve already made
  • Escalation is likely when people are directly responsible for and publicly attached to a decision, when it has been a long journey and the end is in sight, and when they have reasons to be confident that they can succeed.
  • President Biden’s current situation checks all those boxes
  • the people closest to a leader are precisely the ones who are most susceptible to confirmation bias. They’re too personally invested in his success and too likely to dismiss warning signs.
  • What Mr. Biden needs is not a support network but a challenge network — people who have the will to put the country’s interests ahead of his and the skill to coldly assess his chances.
Javier E

The Oscar for Best Fabrication - NYTimes.com - 0 views

  • Hollywood always wants it both ways, of course, but this Oscar season is rife with contenders who bank on the authenticity of their films until it’s challenged, and then fall back on the “Hey, it’s just a movie” defense.
  • “Lincoln,” which had three historical advisers but still managed to make some historical bloopers. Joe Courtney, a Democratic congressman from Connecticut, recently wrote to Steven Spielberg to complain that “Lincoln” falsely showed two of Connecticut’s House members voting “Nay” against the 13th Amendment for the abolition of slavery.
Roth johnson

'Life Keeps Changing': Why Stories, Not Science, Explain the World - Joe Fassler - The ... - 0 views

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    Exactly what we're talking about! Are stories more reliable than science or vise versa?
Javier E

The New York Times > Magazine > In the Magazine: Faith, Certainty and the Presidency of... - 0 views

  • The Delaware senator was, in fact, hearing what Bush's top deputies -- from cabinet members like Paul O'Neill, Christine Todd Whitman and Colin Powell to generals fighting in Iraq -- have been told for years when they requested explanations for many of the president's decisions, policies that often seemed to collide with accepted facts. The president would say that he relied on his ''gut'' or his ''instinct'' to guide the ship of state, and then he ''prayed over it.''
  • What underlies Bush's certainty? And can it be assessed in the temporal realm of informed consent?
  • Top officials, from cabinet members on down, were often told when they would speak in Bush's presence, for how long and on what topic. The president would listen without betraying any reaction. Sometimes there would be cross-discussions -- Powell and Rumsfeld, for instance, briefly parrying on an issue -- but the president would rarely prod anyone with direct, informed questions.
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  • This is one key feature of the faith-based presidency: open dialogue, based on facts, is not seen as something of inherent value. It may, in fact, create doubt, which undercuts faith. It could result in a loss of confidence in the decision-maker and, just as important, by the decision-maker.
  • has spent a lot of time trying to size up the president. ''Most successful people are good at identifying, very early, their strengths and weaknesses, at knowing themselves,'' he told me not long ago. ''For most of us average Joes, that meant we've relied on strengths but had to work on our weakness -- to lift them to adequacy -- otherwise they might bring us down. I don't think the president really had to do that, because he always had someone there -- his family or friends -- to bail him out. I don't think, on balance, that has served him well for the moment he's in now as president. He never seems to have worked on his weaknesses.''
  • Details vary, but here's the gist of what I understand took place. George W., drunk at a party, crudely insulted a friend of his mother's. George senior and Barbara blew up. Words were exchanged along the lines of something having to be done. George senior, then the vice president, dialed up his friend, Billy Graham, who came to the compound and spent several days with George W. in probing exchanges and walks on the beach. George W. was soon born again. He stopped drinking, attended Bible study and wrestled with issues of fervent faith. A man who was lost was saved.
  • Rubenstein described that time to a convention of pension managers in Los Angeles last year, recalling that Malek approached him and said: ''There is a guy who would like to be on the board. He's kind of down on his luck a bit. Needs a job. . . . Needs some board positions.'' Though Rubenstein didn't think George W. Bush, then in his mid-40's, ''added much value,'' he put him on the Caterair board. ''Came to all the meetings,'' Rubenstein told the conventioneers. ''Told a lot of jokes. Not that many clean ones. And after a while I kind of said to him, after about three years: 'You know, I'm not sure this is really for you. Maybe you should do something else. Because I don't think you're adding that much value to the board. You don't know that much about the company.' He said: 'Well, I think I'm getting out of this business anyway. And I don't really like it that much. So I'm probably going to resign from the board.' And I said thanks. Didn't think I'd ever see him again.''
  • challenges -- from either Powell or his opposite number as the top official in domestic policy, Paul O'Neill -- were trials that Bush had less and less patience for as the months passed. He made that clear to his top lieutenants. Gradually, Bush lost what Richard Perle, who would later head a largely private-sector group under Bush called the Defense Policy Board Advisory Committee, had described as his open posture during foreign-policy tutorials prior to the 2000 campaign. (''He had the confidence to ask questions that revealed he didn't know very much,'' Perle said.) By midyear 2001, a stand-and-deliver rhythm was established. Meetings, large and small, started to take on a scripted quality.
  • That a deep Christian faith illuminated the personal journey of George W. Bush is common knowledge. But faith has also shaped his presidency in profound, nonreligious ways. The president has demanded unquestioning faith from his followers, his staff, his senior aides and his kindred in the Republican Party. Once he makes a decision -- often swiftly, based on a creed or moral position -- he expects complete faith in its rightness.
  • A cluster of particularly vivid qualities was shaping George W. Bush's White House through the summer of 2001: a disdain for contemplation or deliberation, an embrace of decisiveness, a retreat from empiricism, a sometimes bullying impatience with doubters and even friendly questioners.
  • By summer's end that first year, Vice President Dick Cheney had stopped talking in meetings he attended with Bush. They would talk privately, or at their weekly lunch. The president was spending a lot of time outside the White House, often at the ranch, in the presence of only the most trustworthy confidants.
  • ''When I was first with Bush in Austin, what I saw was a self-help Methodist, very open, seeking,'' Wallis says now. ''What I started to see at this point was the man that would emerge over the next year -- a messianic American Calvinist. He doesn't want to hear from anyone who doubts him.''
  • , I had a meeting with a senior adviser to Bush. He expressed the White House's displeasure, and then he told me something that at the time I didn't fully comprehend -- but which I now believe gets to the very heart of the Bush presidency.
  • The aide said that guys like me were ''in what we call the reality-based community,'' which he defined as people who ''believe that solutions emerge from your judicious study of discernible reality.'' I nodded and murmured something about enlightenment principles and empiricism. He cut me off. ''That's not the way the world really works anymore,'' he continued. ''We're an empire now, and when we act, we create our own reality. And while you're studying that reality -- judiciously, as you will -- we'll act again, creating other new realities, which you can study too, and that's how things will sort out. We're history's actors . . . and you, all of you, will be left to just study what we do.''
  • ''If you operate in a certain way -- by saying this is how I want to justify what I've already decided to do, and I don't care how you pull it off -- you guarantee that you'll get faulty, one-sided information,'' Paul O'Neill, who was asked to resign his post of treasury secretary in December 2002, said when we had dinner a few weeks ago. ''You don't have to issue an edict, or twist arms, or be overt.''
  • George W. Bush and his team have constructed a high-performance electoral engine. The soul of this new machine is the support of millions of likely voters, who judge his worth based on intangibles -- character, certainty, fortitude and godliness -- rather than on what he says or does.
carolinewren

Sarah Palin dives in poll ratings as Tina Fey impersonates her on Saturday Night Live -... - 0 views

  • Palin's poll ratings are telling a more devastating story.
  • In a Newsweek poll in September, voters were asked whether Palin was qualified or unqualified to be president. The result was a near dead-heat. In the same poll this month, those saying she was "unqualified" outnumbered those saying she was "qualified" by a massive 16 points
  • It currently commands 10 million viewers – a creditable figure for a primetime drama, let alone a late-night sketch show.
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  • Other satirical shows, such as The Daily Show with Jon Stewart and The Colbert Report, are also enjoying record ratings, as well as influence far beyond their own viewers.
  • Even bigger than Saturday Night Live have been the presidential and vice-presidential debates. Sarah Palin's set-to with Joe Biden on October 2 attracted nearly 70 million viewers – a record for a vice-presidential debate and the highest-rated election debate since 1992
  • It is impossible to imagine a similar level of engagement with political television in this country. Gordon Brown and David Cameron would not only have to debate each other on TV – an unlikely scenario in itself – but pull in an audience bigger than the finals of Britain's Got Talent and Strictly Come Dancing put together
  • American networks do have some advantages over the BBC and ITV in planning and executing their political coverage
  • four-year timetable, avoiding the unholy scramble when a British general election is called at a month's notice.
  • engage with the process much earlier on – not least with their Sunday morning political talk shows
  • "I think we're learning what it means to have opinion journalism in this country on such a grand scale," says Stelter. "It's only in the last six to 12 months that those lines have hardened between Fox and MSNBC. I think the [ratings] numbers for cable have surprised people.
  • I think that shows that people are looking for different stripes of political news."
  • American political TV certainly is polarised. When Governor Palin attacked the media in her speech at the Republican convention last month, the crowd chanted "NBC"
  • Gwen Ifill, a respected anchor on the non-commercial channel PBS, who moderated the vice-presidential debate, saw her impartiality attacked because she is writing a book about African-American politics that mentions Obama in its title
  • America's networks comprehensively outstrip this country in both volume and quality of political coverage.
  • All three major US networks – ABC, CBS and NBC – offer a large amount of serious (and unbiased) political coverage, both in their evening network newscasts and in their morning equivalents of GMTV
  • Impartiality and the public service ethos hardly characterise Tina Fey's performances. Tonight's presidential debate forms part of a series driven largely by commercial networks, not publicly funded channels. Neither Fox News nor MSNBC was set up as a sop to a regulator
Javier E

Establishment Populism Rising - NYTimes.com - 0 views

  • If we had the same income distribution in the United States that we did in 1979, the top 1 percent would have $1 trillion less today [in annual income], and the bottom 80 percent would have $1 trillion more. That works out to about $700,000 [a year for] for a family in the top 1 percent, and works out to about $11,000 a year for a family in the bottom 80 percent.
  • The lion’s share of the income of the top 1 percent is concentrated in the top 0.1 percent and 0.01 percent. The average income of the top 1 percent in 2013, according to data provided by Emmanuel Saez, a Berkeley economist, was $1.2 million, for the top 0.1 percent, $5.3 million, and for the top 0.01 percent, $24.9 million.
  • In other words, any attempt to correct the contemporary pattern in income distribution would require large and controversial changes in tax policy, regulation of the workplace, and intervention in the economy to expand employment and to raise wages.
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  • To counter the weak employment market, Summers called for major growth in government expenditures to fill needs that the private sector is not addressing:In our society, whether it is taking care of the young or taking care of the old, or repairing a lot that needs to be repaired, there is a huge amount of very valuable work that needs to be done. It’s much less clear, to use a modern phrase, that there’s a viable business model for getting it done. And I guess the reason why I think there is going to need to be a lot of reflection on the role of government going forward is that, if I’m right, that there’s vitally important work to be done for which there is no standard capital business model that will get it done. That suggests important roles for public policy.
  • the report calls for tax and regulatory policies to encourage employee ownership, the strengthening of collective bargaining rights, regulations requiring corporations to provide fringe benefits to employees working for subcontractors, a substantial increase in the minimum wage, sharper overtime pay enforcement, and a huge increase in infrastructure appropriations – for roads, bridges, ports, schools – to spur job creation and tighten the labor market.
  • Summers also calls for significant increases in the progressivity of the United States tax system.
  • He advocates aggressive steps to eliminate “rents” — profits that result from monopoly or other forms of government protection from competition. Summers favors attacking rents in the form of “exclusionary zoning practices” that bid up the price of housing, “excessively long copyright” protections, and financial regulations “providing implicit subsidies to a fortunate minority.”
  • Signaling that he now finds himself on common ground with stalwarts of the Democratic left like Elizabeth Warren and Joe Stiglitz, Summers adds, “Government needs to try to make sure everyone can get access to financial markets on an equal basis.”
  • Summers supports looking past income inequality to the distribution of wealth. During our conversation, he pointed out that “a large fraction of capital gains escapes taxation entirely” through “the stepped up basis at death.”
  • The idea that an economy could suffer from a persistent shortage of demand is an enormous switch for Summers or anyone who had been adhering to the economic orthodoxy in the three decades prior to the crisisin 2008. Baker goes on to argue that Summers “now recognizes that the financial system needs serious regulation.”
  • Many of the policies outlined by Summers — especially on trade, taxation, financial regulation and worker empowerment — are the very policies that divide the Wall-Street-corporate wing from the working-to-middle-class wing of the Democratic Party. Put another way, these policies divide the money wing from the voting wing.
  • Summers has forced out in the open a set of choices that Hillary Clinton has so far avoided, choices that even if she attempts to elide them will amount to a signal of where her loyalties lie.
  • “The core problem,” according to Summers, is thatthere aren’t enough jobs, and if you help some people, you can help them get the jobs, but then someone else won’t get the jobs. And unless you’re doing things that are affecting the demand for jobs, you’re helping people win a race to get a finite number of jobs, and there are only so many of them.
  • he is “all for” more schooling and job training, but as an answer to the problems of the job marketplace, “it is fundamentally an evasion.”
  • Summers’s analysis of current economic conditions suggests that free market capitalism, as now structured, is producing major distortions. These distortions, in his view, have resulted in gains of $1 trillion annually to those at the top of the pyramid, and losses of $1 trillion every year to those in the bottom 80 percent.
  • Summers’s ascendance is a reflection of the abandonment by much of the party establishment of neo-liberal thinking, premised on the belief that unregulated markets and global trade would produce growth beneficial to worker and C.E.O. alike.
  • Larry Summers, who withdrew his candidacy for the chairmanship of the Federal Reserve under pressure from the liberal wing of the Democratic Party in 2013, has emerged as the party’s dominant economic policy strategist. The former Treasury secretary’s evolving message has won over many of his former critics.
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