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yehbru

Opinion: Why China's space program could overtake NASA - CNN - 0 views

  • the country is paying close attention to what innovative US companies like SpaceX are doing as well. To get ahead in space, communism is learning from capitalism.
  • But what makes the Chinese efforts to emulate SpaceX particularly notable is the country's expansive ambitions in space and its vast resources to back up these long-term goals.
  • A growing number of semi-private Chinese companies have also announced plans to develop reusable rockets.
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  • Government-launched enterprises in both Russia and Europe also recently revealed plans to develop reusable rockets that are similar both in appearance and function to the Falcon 9 booster.
  • A year after this test, China's main space contractor revealed plans to develop the ability to reuse its Long March 8 booster, which is powered by kerosene fuel, the same type of power that fuels SpaceX rockets. By 2025, Chinese officials said, this rocket would be capable of landing on a sea platform like SpaceX's Falcon 9 booster.
  • Earlier this month, the Chinese government signed an agreement with Russia to work together to build a Moon base. China has also begun planning to launch crewed missions to Mars and deploy a massive space-based, commercial-scale solar power plant by 2050.
  • As China advances in space, NASA has spent more than $20 billion building a large rocket, the Space Launch System, that could soon be obsolete. And flying this single-use rocket is so expensive that, in combination with its Artemis program, NASA could exceed its congressional funds by more than 43%.
  • Increasingly, the US' main advantage over China lies in its burgeoning commercial space industry, led by SpaceX. If America wants to compete, it should unleash the full potential of SpaceX and other commercial space companies that seek to go further in space, faster and for less money.
  • While SpaceX became a transformational space company, the US and China have been locked in an increasingly intense battle for influence and economic resources on Earth.
ethanshilling

San Francisco's Tech Workers Make the Big Move - The New York Times - 0 views

  • Rent was astronomical. Taxes were high. Your neighbors didn’t like you. If you lived in San Francisco, you might have commuted an hour south to your job at Apple or Google or Facebook.
  • Remote work offered a chance at residing for a few months in towns where life felt easier. Tech workers and their bosses realized they might not need all the perks and after-work schmooze events.
  • That’s where the story of the Bay Area’s latest tech era is ending for a growing crowd of tech workers and their companies. They have suddenly movable jobs and money in the bank — money that will go plenty further somewhere else.
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  • The No. 1 pick for people leaving San Francisco is Austin, Texas, with other winners including Seattle, New York and Chicago, according to moveBuddha, a site that compiles data on moving.
  • The biggest tech companies aren’t going anywhere, and tech stocks are still soaring. Apple’s flying-saucer-shaped campus is not going to zoom away. Google is still absorbing ever more office space in San Jose and San Francisco. New founders are still coming to town.
  • But the migration from the Bay Area appears real. Residential rents in San Francisco are down 27 percent from a year ago, and the office vacancy rate has spiked to 16.7 percent, a number not seen in a decade.
  • Pinterest, which has one of the most iconic offices in town, paid $90 million to break a lease for a site where it planned to expand. And companies like Twitter and Facebook have announced “work from home forever” plans.
  • Now the local tech industry is rapidly expanding. Apple is opening a $1 billion, 133-acre campus. Alphabet, Amazon and Facebook have all either expanded their footprints in Austin or have plans to. Elon Musk, the Tesla founder and one of the two richest men in the world, said he had moved to Texas. Start-up investor money is arriving, too: The investors at 8VC and Breyer Capital opened Austin offices last year.
  • The San Francisco exodus means the talent and money of newly remote tech workers are up for grabs. And it’s not just the mayor of Miami trying to lure them in.
  • There are 33,000 members in the Facebook group Leaving California and 51,000 in its sister group, Life After California. People post pictures of moving trucks and links to Zillow listings in new cities.
  • If San Francisco of the 2010s proved anything, it’s the power of proximity. Entrepreneurs could find a dozen start-up pitch competitions every week within walking distance. If they left a big tech company, there were start-ups eager to hire, and if a start-up failed, there was always another.
  • No one leaving the city is arguing that a culture of innovation is going to spring up over Zoom. So some are trying to recreate it. They are getting into property development, building luxury tiny-home compounds and taking over big, funky houses in old resort towns.
rerobinson03

Opinion | Secretary of State Pompeo Leaves No Bridges Unburned - The New York Times - 0 views

  • While his boss approaches an infamous exit, Secretary of State Mike Pompeo has been busily and noisily scorching the earth behind them.
  • But Mr. Pompeo has not been idle. Over the past week, he unleashed a series of actions whose only real purpose appears to be to make life as difficult as possible for his successor at the State Department. He put Cuba back on the list of state sponsors of terrorism, he plans to designate the Houthi rebels in Yemen as a foreign terrorist organization, he eased restrictions on contacts between American diplomats and Taiwan officials and he claimed that Iran is a “home base” for Al Qaeda
  • Some of the actions Mr. Pompeo took over the past week might be defensible, were they taken in the context of a coherent foreign policy. But coming days before a change in administration, their sole identifiable purpose is to maliciously plant obstacles — some commentators have called them time bombs or booby traps — before the incoming administration and President-elect Joe Biden’s choice for Mr. Pompeo’s successor at State, Antony Blinken, are in place.
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  • Mr. Pompeo’s effort to leave no bridge unburned might stand him in good stead with primary voters, should he — as has been widely expected — seek higher office in the coming years. But selfishness at the expense of the national interest isn’t the mark of an honorable diplomat or a patriot.That sentiment appears to be shared in Mr. Pompeo’s State Department, where some officials are said to be keeping discreet clocks counting down the minutes until Secretary Pompeo is a private citizen once again.
cartergramiak

Opinion | Has China Done Too Well Against Covid-19? - The New York Times - 0 views

  • By its own telling, the Chinese government has done very well, with daily infection figures nationwide rarely exceeding 100 between March 7, 2020, and Jan. 8, 2021.
  • Only, China’s comparative success now risks hurting the country. Having been largely spared by the pandemic, most Chinese people remain susceptible to infection, and yet some seem disinclined to get vaccinated because of a false sense of safety. In addition, the Chinese government is over-exporting vaccines made in China.
  • “I will not take it unless it is mandatory,” a friend of mine who lives in Shanghai told me recently about getting a vaccine. “The chances of infection here are very small.”
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  • The benefits have been real: in terms of lives saved, of course, and also in terms of politics, economics and prestige. To some, China has come to seem as something of a “new safe haven”; it was also the only major economy to register growth last year.
  • China’s comparative success at containing the coronavirus has put it in a bind: The population feels much safer than it should even as it remains very vulnerable to infection and is likely to for quite a while longer.
cartergramiak

Opinion | It's Time to Trust China's and Russia's Vaccines - The New York Times - 0 views

  • While the richest countries in the world are grappling with shortages of Covid-19 vaccines, some of the poorest worry about getting vaccines at all. Yet a solution to both problems may be hiding in plain sight: vaccines from China and Russia, and soon, perhaps, India.
  • Chinese and Russian vaccines were initially dismissed in Western and other global media, partly because of a perception that they were inferior to the vaccines produced by Moderna, Pfizer-BioNtech or AstraZeneca. And that perception seemed to stem partly from the fact that China and Russia are authoritarian states.
  • And now there are significant data about the reliability of the Chinese and Russian vaccines. (It’s still too early to tell for Covaxin.) Trial results in the U.A.E. in early December placed the efficacy of the Sinopharm vaccine at 86 percent; others, in China, at 79 percent.
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  • The United Arab Emirates, Bahrain, Egypt, Jordan, Iraq, Serbia, Morocco, Hungary and Pakistan have approved the Sinopharm vaccine from China; as of mid-January, 1.8 million people in the U.A.E. had received it. Bolivia, Indonesia, Turkey, Brazil and Chile have approved and begun to roll another Chinese vaccine, from Sinovac. Sputnik V will be distributed in more than a dozen countries in Europe, the Middle East, Africa and Latin America.
  • The fact is that no Covid-19 vaccine has been developed or released as transparently as it should have been. And while China and Russia may have botched their rollouts more than some Western companies, that doesn’t necessarily mean their vaccines are shoddy.
  • Some doctors and activists have put forward proposals to increase the delivery worldwide of vaccines produced in the West. These calls are well-intentioned, but they, too, assume that vaccines from Western countries are the only ones worth having — and waiting for.
  • There is a simpler solution, already at hand: It’s time to start trusting other countries’ vaccines.
Javier E

Top U.S. Officials Consulted With BlackRock as Markets Melted Down - The New York Times - 0 views

  • As Federal Reserve Chair Jerome H. Powell and Treasury Secretary Steven Mnuchin scrambled to save faltering markets at the start of the pandemic last year, America’s top economic officials were in near-constant contact with a Wall Street executive whose firm stood to benefit financially from the rescue.
  • Laurence D. Fink, the chief executive of BlackRock, the world’s largest asset manager, was in frequent touch with Mr. Mnuchin and Mr. Powell in the days before and after many of the Fed’s emergency rescue programs were announced in late March.
  • Mr. Fink planned alongside the government for parts of a financial rescue that his firm referred to in one message as “the project” that he and the Fed were “working on together.”
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  • Simply being in touch throughout the government’s planning was good for BlackRock, potentially burnishing its image over the longer run, Mr. Birdthistle said. BlackRock would have benefited through “tons of information, tons of secondary financial benefits,” he said.
  • Mr. Fink’s firm is a huge player across many stock and debt markets, and its advisory arm helped to execute some of the Fed’s crisis response during the 2008 financial meltdown. That market insight and experience got him a front-row seat at a pivotal moment, one that may have put him in a position to influence a rescue with huge ramifications for households, businesses and the entire U.S. economy.
  • They’re about as close to a government arm as you can be, without being the Federal Reserve,” said William Birdthistle, a professor at the Chicago-Kent College of Law and the author of a book on funds.
  • On March 24, 2020, the New York Fed announced that it had again hired BlackRock’s advisory arm, which operates separately from the company’s asset-management business but which Mr. Fink oversees, this time to carry out the Fed’s purchases of commercial mortgage-backed securities and corporate bonds.
  • The company makes a profit by managing money for clients in an array of funds, generally charging a preset fee. It earns more when assets under its management grow. In the early days of the coronavirus crisis, as people converted financial holdings into cash, parts of its asset base were contracting and its business outlook hinged on what happened in certain markets.
  • Mr. Mnuchin held 60 recorded calls over the frantic Saturday and Sunday leading up to the Fed’s unveiling on Monday, March 23, of a policy package that included its first-ever program to buy corporate bonds, which were becoming nearly impossible to sell as investors sprinted to convert their holdings to cash. Mr. Mnuchin spoke to Mr. Fink five times that weekend, more than anyone other than the Fed chair, whom he spoke with nine times. Mr. Fink joined Mr. Mnuchin, Mr. Powell and Larry Kudlow, who was the White House National Economic Council director, for a brief call at 7:25 the evening before the Fed’s big announcement, based on Mr. Mnuchin’s calendars.
  • BlackRock’s connections to Washington are not new. It was a critical player in the 2008 crisis response, when the New York Fed retained the firm’s advisory arm to manage the mortgage assets of the insurance giant American International Group and Bear Stearns.
  • Several former BlackRock employees have been named to top roles in President Biden’s administration, including Brian Deese, who heads the White House National Economic Council, and Wally Adeyemo, who was Mr. Fink’s chief of staff and is now the No. 2 official at the Treasury.
  • The firm has grown rapidly: Its assets under management swelled from $1.3 trillion in early 2009 to $7.4 trillion in 2019.
  • As it expanded, it has stepped up its lobbying. In 2004, BlackRock Inc. registered two lobbyists and spent less than $200,000 on its efforts. By 2019 it had 20 lobbyists and spent nearly $2.5 million, though that declined slightly last year, based on OpenSecrets data. Campaign contributions tied to the firm also jumped, touching $1.7 million in 2020 (80 percent to Democrats, 20 percent to Republicans) from next to nothing as recently as 2004.
  • People could still pull their money from E.T.F.s, which both the industry and several outside academics have heralded as a sign of their resiliency. But investors would have had to take a financial hit to do so, relative to the quoted value of the underlying bonds. That could have bruised the product’s reputation in the eyes of some retail savers.
  • The Fed’s programs helped to turn that around. The central bank supported the corporate bond market on March 23, 2020, by pledging to buy both already issued debt and new bonds. The program for existing bonds promised to also buy E.T.F.s, because they are a quick way to get access to a wide swath of the market. The bond market and fund recovery was nearly instant.
  • “We hired BlackRock for their expertise in these markets,” Mr. Powell has since said in defense of the rapid move. “It was done very quickly due to the urgency and need for their expertise.”
Javier E

Opinion | Republicans Have Their Own Private Autocracy - The New York Times - 0 views

  • the political scientist Henry Farrell suggested that I look at his field’s literature on cults of personality
  • “The Mechanisms of Cult Production” compares the behavior of political elites across a wide range of dictatorial regimes, from Caligula’s Rome to the Kim family’s North Korea, and finds striking similarities
  • Despite vast differences in culture and material circumstances, elites in all such regimes engage in pretty much the same behavior, especially what the paper dubs “loyalty signaling” and “flattery inflation.”
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  • Signaling is a concept originally drawn from economics; it says that people sometimes engage in costly, seemingly pointless behavior as a way to prove that they have attributes others value.
  • In the context of dictatorial regimes, signaling typically involves making absurd claims on behalf of the Leader and his agenda, often including “nauseating displays of loyalty.”
  • how does the Leader know if you’re truly loyal unless you’re willing to demonstrate your loyalty by inflicting harm both on others and on your own reputation?
  • At most, they stand to lose intraparty offices and, possibly, future primaries. Yet such is the timidity of Republican politicians that these mild threats are apparently enough to make many of them behave like Caligula’s courtiers.
  • once this kind of signaling becomes the norm, those trying to prove their loyalty have to go to ever greater extremes to differentiate themselves from the pack. Hence “flattery inflation”:
  • the G.O.P. is no longer a normal political party.
  • it bears a growing resemblance to the ruling parties of autocratic regimes.
  • The only unusual thing about the G.O.P.’s wholesale adoption of the Leader Principle is that the party doesn’t have a monopoly on power
  • Does all of this sound familiar? Of course it does, at least to anyone who has been tracking Fox News or the utterances of political figures like Lindsey Graham or Kevin McCarthy.
  • As Bloomberg’s Jonathan Bernstein suggests, today’s Republicans are always looking for ways to show that they’re more committed to the cause than their colleagues are — and given how far down the rabbit hole the party has already gone, the only way to do that is “nonsense and nihilism,” advocating crazy and destructive policies, like opposing vaccines.
  • the G.O.P. has become something different, with, as far as I know, no precedent in American history although with many precedents abroad. Republicans have created for themselves a political realm in which costly demonstrations of loyalty transcend considerations of good policy or even basic logic.
katherineharron

Trump's Syria withdrawal is a game of Russian roulette - CNN - 0 views

  • By withdrawing US troops from Syria, President Donald Trump is playing a kind of Russian roulette, entrusting dangerous players with key US national security objectives.
  • His move also means that a lot of our previously held core priorities, such as fighting ISIS and defending Israel, are now in the hands of some very suspect leaders.
  • Counterterrorism is a key focus for any president, and Trump has consistently (and inaccurately) championed his own administration's success fighting ISIS. With the support of the Syrian Democratic Forces and our other partners in Syrian counterterrorism, the Global Coalition to Defeat ISIS has made major gains in destroying the terrorist group's territorial footholds in Syria.
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  • Hundreds of forces that were partnering with the United States to fight ISIS are now relocating and refocusing to fight Turkey and defend themselves. The Washington Post reports that the pace of Kurdish operations against ISIS has "significantly tapered off," as the Kurds have had to deprioritize their battle against the Islamic State because they've lost our support -- and because they have to focus on protecting themselves from Erdogan.
  • What's more, the United States' withdrawal from Syria will hurt our ability to gather intelligence there, as we lose eyes and ears on the ground and direct access to human intelligence networks. Our mission against ISIS in Syria was not over, and our withdrawal has only increased the risks posed by the thousands of ISIS members still on the loose in Syria.
  • Trump's reckless decision will impede our future ability to persuade partners to work with us on counterterrorism missions around the world.
  • Putin has hosted summits with key players in Syria before -- including one last February in Sochi between Russia, Iran, Turkey and Syria. Putin is scheduled to meet again with Erdogan this week and will probably try to trump the Trump administration's efforts to negotiate a "pause" in Turkey's military operations.
  • With Russian and Syrian forces now occupying former US bases in northeastern Syria and former US allied forces turning to both Assad and Russia for protection, we may have to rely on one of our biggest enemies -- Russia -- to work with Turkey to ensure the bloodshed stops.
  • Trump says he doesn't care if Russia (or China, or Napoleon Bonaparte) ends up protecting the Kurds, but he probably doesn't understand what Russia stepping in to fill our shoes means longer-term, as more countries turn to Putin, instead of to the United States, for support.
  • Secretary of State Mike Pompeo flew to Israel last week to try to assuage Israeli officials' concerns about what a US withdrawal would mean for Iran's ability to operate in Syria. US support for Israel has been a central piece of US foreign policy for decades, and President Trump likes to paint himself as the best friend Israel has ever had. Concurrently, he's also made countering Iran one of the pillars of his foreign policy approach.Yet even though Trump is leaving a contingent of US troops at the al-Tanf base in south-central Syria to deter Iran, the downgrade in US troop presence in Syria, and Trump's tweets about how Syria isn't a US problem, are likely causing Israeli officials to question how serious Trump is about protecting Israel from Iranian attacks from within Syria.
  • Trump's policy, then, is to gamble on some shady characters to keep Iran in check. That's a dangerous game to play based on Iran's history of attacking Israel from anywhere it can.
  • Foreign policy on the fly is Trump's calling card. Other leaders are probably banking on the fact that speaking with him alone -- without experts around -- is a sure way to get what they want out of him. Now that Erdogan's gotten Trump to go against his own experts' advice during one-on-one phone calls at least twice, the President is scrambling to come up with some semblance of a strategy. He's outsourcing our security to Erdogan, Putin and maybe even Assad to take care of what should be key US missions.
magnanma

Understanding the China-North Korea Relationship - 1 views

  • Evan Osnos explores China’s reluctance to pressure North Korea in a September 2017 New Yorker article.
  • China’s policy toward its neighbor will critically affect the fate of Asia.
  • strains in the relationship surfaced when Pyongyang tested a nuclear weapon in October 2006 and Beijing backed UN Security Council Resolution 1718, which imposed sanctions on Pyongyang. With this resolution and subsequent ones, Beijing signaled a shift in tone from diplomatic support to punishment. After North Korea’s missile launch test in November 2017, China called on North Korea to cease actions that increased tensions on the Korean Peninsula.
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  • China’s support for North Korea dates back to the Korean War (1950–1953)
  • Bilateral trade increased tenfold between 2000 and 2015, peaking in 2014 at $6.86 billion, according to figures from the Seoul-based Korea Trade-Investment Promotion Agency
  • In 2018, Chinese imports from North Korea plummeted by 88 percent, while exports dropped by 33 percent. Even in the face of mounting trade restrictions, established informal trade along the China-North Korea border in items such as fuel, seafood, silkworms, and cell phones appears to be ongoing, signaling that China may be softening its restrictions.
  • China, Japan, South Korea, and the United States have provided more than 75 percent of food aid to North Korea since 1995. North Korea, whose famine in the 1990s killed between eight hundred thousand and 2.4 million people, has repeatedly faced extensive droughts and severe flooding, which seriously damage harvests, threatening the food supply.
  • China has regarded stability on the Korean Peninsula as its primary interest. Its support for North Korea ensures a buffer between China and the democratic South, which is home to around twenty-nine thousand U.S. troops and marines.
  • The 1961 Sino-North Korean Treaty of Friendship, Cooperation, and Mutual Assistance, up for renewal in 2021, says China is obliged to intervene against unprovoked aggression.
  • During their most recent meeting, Xi was welcomed to Pyongyang, marking the first time a Chinese leader visited North Korea since 2005.
Javier E

Air travel shows what happens when we give companies ruinous power over us - The Washington Post - 0 views

  • Like 40 percent of U.S. adults, I regularly wouldn’t be able to scrounge $400 in a crisis. But if you don’t have $400 (or considerably more) on hand, your poverty can trouble you in all sorts of other, more mundane ways, thanks to the abusive nature of the companies that provide us with services.
  • odysseys like mine are not — or are not merely — tales of airline villainy. They are stories about the background radiation of our rapacious economy, one in which customer and corporate desperation unwittingly amplify each other, accelerating the mutual distrust.
  • Nowhere is this cycle more apparent than airports, where holidays, weekends and rush hours are attacks on the notion that our time has value
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  • What is most galling about this economy is that we are supposed to proffer compliance and complicity as companies profit amorally off of us. Facebook unveils supposedly robust privacy protections on the same day it launches a service to connect you with your “secret crush.”
  • You’re supposed to pay whatever rent landlords want, whatever bills hospitals charge, whatever price surge the car-share makes up.
  • From Apple to John Deere, digital-rights-management technology has made us “tenants on our own devices.” The terms of service turn us into the servants. And what recourse do we have? We ask to speak with the manager, vent to Yelp, endure the hold muzak and hack our way to rival bargains. But let’s be honest: We don’t have power.
  • “How can you treat us like this? Do you think that this is normal?” Hundreds in the line broke into applause. At no point in those 12 hours did a United employee walk up and down the line to see how we were doing, offer blankets or water, or get our customer service session started early, the way they do in long lines at, say, Starbucks.
  • “What you need to do,” Benilda said, “is buy a new ticket. Because now you’ll just be on standby for the next flight and the next. That could last for days.”
  • For those of us living hand-to-mouth — which is to say, most of us — it takes years of nothing going wrong to earn your way out of poverty. I had gone wrong: I had slept, awaking back at square one
  • Maybe a few of us were in dire straits because we were confused or uninformed or lazy or irresponsible, a common argument about why people remain poor. But not all of us. Besides, personal fortitude is no match for structural inequalities.
  • Fifty-three hours after arriving at the airport in Newark, I landed in San Francisco; I’d scored a standby seat. My trip took almost triple the time it would have in 1933, when the transcontinental Boeing 247 debuted. Driving across the country would have been nine hours faster.
  • What is strangest and saddest about the broad brokenness of America is that, actually, this is the way it works. Have-not consumers pay to be complicit in our own fleecing. That is the toxic marrow in America’s bones. More than a century after conquering the onetime impossibility of flight, we have yet to master the long-time impossibility of fairness.
Javier E

Virginia Democrats won an election. Gun owners are talking civil war | US news | The Guardian - 0 views

  • “As white people, taking away privilege can feel like an attack, when it’s just a leveling of the playing field. And I think that’s where a lot of people are right now: they’re feeling attacked, and this is a way they can lash out,” Christensen said. “It almost seems like people are looking for a reason to pull a Bundy and attack the government.”
  • White supremacist and anti-government groups are gravitating towards the standoff over gun rights in Virginia because they see it as a opportunity for radicalization and recruitment, said Daryl Johnson, a former lead analyst for domestic terrorism at the Department of Homeland Security.
  • “The story they’re telling is that the Jews and immigrants are responsible for turning Virginia blue, and they’re coming to take your guns,” Friedfeld said. (Michael Bloomberg, the billionaire philanthropist and presidential candidate, is Jewish, and the gun violence prevention advocacy group he founded touted an investment of $2.5m in Virginia’s 2019 elections to back local lawmakers who support gun control.)
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  • To white supremacists, Virginia looks like a perfect example of their ideology: “You’ve got white replacement. You’ve got what they’re calling Jewish gun grabbers, and the people rising up, saying the government is illegitimate.”
  • Winkler, the gun law expert, said he believed responsibility would ultimately come back to the NRA if the tensions in Virginia did spark any violence. For decades, the NRA has been pushing “overheated rhetoric about the second amendment protecting your right to rise up against the government”, he said. “This is the natural result.”
Javier E

Want a Green New Deal? Here's a better one. - The Washington Post - 0 views

  • the goal is so fundamental that policymakers should focus above all else on quickly and efficiently decarbonizing. They should not muddle this aspiration with other social policy, such as creating a federal jobs guarantee,
  • the goal is so monumental that the country cannot afford to waste dollars in its pursuit. If the market can redirect spending most efficiently, money should not be misallocated on vast new government spending or mandates.
  • we propose our own Green New Deal. It relies both on smart government intervention — and on transforming the relentless power of the market from an obstacle to a centerpiece of the solution.
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  • U.S. natural gas is far less damaging to the environment than coal. It has become so cheap that it is displacing coal in electricity generation, driving down emissions. To others, Cove Point is an environmental catastrophe. Natural gas is still a fossil fuel, and burning it releases lots of greenhouse-gas emissions, which cause climate change. Both arguments are right.
  • society must eliminate its carbon dependency. It cannot burn vast amounts of any fossil fuel for “decades and decades,” as Mr. Farrell hopes, unless there is a revolution in emissions capture technology. Even in the short term, U.S. emissions are rising, despite the restraint that stepped-up natural-gas burning has provided. The government must demand more change, more quickly.
  • One objection is that carbon pricing is not powerful enough. The European Union’s carbon pricing program has not worked well. But that is a failure of design and political will. A carbon price equal to the challenge would start high and rise higher, sending a much stronger price signal.
  • carbon pricing is still the best first-line policy
  • A high-enough carbon price would shape millions of choices, small and large, about what to buy, how to invest and how to live that would result in substantial emissions cuts. People would prioritize the easiest changes, minimizing the costs of the energy transition. With a price that steadily rose, market forces would steadily wring carbon dioxide out of the economy — without the government trying to dictate exactly how, wasting money on special-interest boondoggles.
  • The Intergovernmental Panel on Climate Change found last year that an average carbon price between 2030 and the end of the century of $100, $200 or even $300 per ton of carbon dioxide would result in huge greenhouse-gas emissions cuts, could restrain warming to the lowest safety threshold of 1.5 degrees Celsius and would almost certainly prevent the world from breaching the traditional warming limit of 2 degrees Celsius
  • Republicans never embraced the market-based idea, even though conservative economists admit its appeal, because they never accepted the need to act at all. Some environmentalists, meanwhile, are increasingly wary of carbon pricing. The Democrats’ Green New Deal, which is noncommittal on the policy, reflects the accelerating drift from the obvious.
  • A third objection is that carbon pricing is politically impossible, because it reveals the cost of fighting global warming in the prices people pay
  • Another criticism is that carbon pricing hurts the poor, who would suffer most when prices rose. But the revenue from carbon pricing could be recycled back to Americans in a progressive way, and most people would end up whole or better off.
  • This is a leadership challenge, not a policy challenge. More than 40 governments globally, including several states, have found the political will to embrace carbon pricing programs, which is the only option that would plausibly be bipartisan.
  • One objection does have merit: Though carbon pricing would spur huge change in infrastructure and power generation, that alone would not be enough. It would not stimulate all the innovation the nation needs in the climate fight, nor would it change behaviors in circumstances where the desired price signal is muted or nonexistent
  • Foreign aid to prevent deforestation could be among the most cost-effective climate-preserving measures. Helping other countries to replace archaic cooking stoves that produce noxious fumes would help cut emissions and improve quality of life across the developing world.
  • , economists know that companies that invest in research and development do not get rewarded for the full social value of their work. Others benefit from their innovations without paying. Consequently, firms do not invest in research as much as society should want
  • It would take only a small fraction of the revenue a carbon pricing system would produce to fund a much more ambitious clean-energy research agenda. Basic scientific research and applied research programs such as ARPA-E should be scaled up dramatically
  • The government must also account for the fact that not all greenhouse-gas emissions come from burning the fuels that a carbon pricing program would reach — coal, oil and gas. How would the government charge farmers for the methane their cows emit or for the greenhouse gases released when they till their soil? How about emissions from cement, ammonia and steel production? The federal government would have to tailor programs to the agricultural and industrial sectors, which might include judicious use of incentives and mandates.
  • only government can ensure adequate mass transit options. Local governments could help with zoning laws to encourage people to live in denser, more walkable communities. The federal government should also press automakers to steadily improve fuel efficiency.
  • That starts with making sure that emissions-cutting efforts at home do not have unintended consequences. If the United States puts a price on greenhouse-gas emissions, other countries would lure U.S. manufacturers with the promise of lax environmental rules. Relocated manufacturers could then export their goods to the United States. The net effect would be no benefit for the planet but fewer U.S. manufacturing jobs.
  • One response is a kind of tariff on goods entering the country from places with weaker carbon-dioxide policies. That would both eliminate the incentive to offshore manufacturing and encourage countries to strengthen their own rules.
  • Participating in the agreement would give the United States a forum — and a basis — to press other nations to reduce emissions.
  • Start with carbon pricing. Then fill in the gaps.
  • There are a lot of bad ideas out there.
  • The Green New Deal that some Democrats have embraced is case in point. In its most aggressive form, the plan suggests the country could reach net-zero greenhouse-gas emissions by 2030, an impossible goal
  • that would be more spent every three years than the total amount the country spent on World War II.
  • At the same time, the Democratic plan would guarantee every American “high-quality health care” and “a job with a family-sustaining wage, adequate family and medical leave, paid vacations, and retirement security.” These expensive aspirations, no matter how laudable, would do nothing to arrest greenhouse-gas emissions.
  • Massive social reform will not protect the climate. Marshaling every dollar to its highest benefit is the strongest plan.
anniina03

China Poses 'Existential' Threat to Human Rights: Report | Time - 0 views

  • hina poses an “existential threat” to the international human rights system, according to a new report released today by Human Rights Watch (HRW) after the organization’s executive director was denied entry to Hong Kong at the weekend. “It’s not simply a suppression at home, but it’s attacks on virtually any body, company, government, international institution that tries to uphold human rights or hold Beijing to account,” HRW’s executive director Kenneth Roth told TIME ahead of the report’s release.
  • Roth said he had been in Hong Kong to release a report on gender discrimination in the Chinese job market less than two years ago. He said he believes this year was different because the Chinese government “made the preposterous claim that Human Rights Watch is inciting the Hong Kong pro-democracy protests.”
  • China’s detention of a million members of the Uighur ethnic minority group in Xinjiang province, and an “unprecedented regime of mass surveillance” designed to suppress criticism are among the human rights violations described in the mainland, while the report also Beijing’s intensifying attempts to undermine international human rights standards and institutions on a global scale.
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  • The effective barring of Roth from entering Hong Kong is not an isolated incident, happening days after a U.S. photographer covering the pro-democracy protests was also banned from entering the financial hub.
  • “I think it’s worth stressing that what happened to me pales in comparison to what is happening to the pro-democracy protesters on the streets of Hong Kong. They’re the ones who are facing tear gas, beatings and arrest, and I just had another 16 hour flight [back to New York],” Roth says. “But what it does reflect is a real worsening of the human rights situation in Hong Kong.”
  • At a press briefing on Monday after the incident involving Roth, a Chinese foreign ministry spokesman said that “allowing or not allowing someone’s entry is China’s sovereign right,” adding that foreign NGOs were supporting “Hong Kong independence separatist activities.”
  • “The justification they put forward was laughable, and insulting to the people of Hong Kong,” says Roth. “They don’t need me to tell them to take to the streets — they are looking to defend their own human rights, their own political freedoms and their own rule of law.”
  • Roth says Beijing’s explanation for barring him shows how fearful the authorities are of demonstrations in the city, and is an attempt to persuade those in the mainland not to emulate the pro-democracy protests. “They simply cannot admit to people on the mainland that hundreds of thousands Chinese citizens would take to the street in opposition to the increasingly dictatorial rule that is coming from Beijing.”
  • The Chinese government has attempted to deter, track and deport journalists and foreign investigators from reporting on forced indoctrination and detention of at least a million Uighur Muslims in internment camps in China’s western province of Xinjiang, highlighted in Roth’s lead essay in the HRW report.
  • On Monday, Chinese state media reported that the semi-autonomous region of Tibet would introduce forthcoming regulations to “strengthen ethnic unity;” echoing language used in regulations introduced in Xinjiang four years ago.
  • Beyond the worrying crackdown within China’s own borders, HRW’s report highlights Beijing’s efforts to deter the international community from scrutinizing its human rights abuses, taking “full advantage of the corporate quest for profit to extend its censorship to critics abroad.”
  • And at the individual level, the export of censorship is reaching dissidents and even universities in Australia, Canada, the U.K. and the U.S.; the report notes that students from China who wanted to join campus debates felt unable to do so for fear of being monitored or reported to Chinese authorities.
  • The export of the Chinese censorship system also permeates governments and international institutions, and has “transformed into an active assault on the international human rights system,”
  • China has also consistently worked with Russia at the U.N. Security Council to block efforts to investigate human rights abuses in Syria, Myanmar and Venezuela. “China worries that even enforcement of human rights standards someplace else will have a boomerang effect that will come back to haunt it,” says Roth.
  • Aside from China, the report also looks at several other concerning situations around around the world, including civilians at risk from indiscriminate bombing in Idlib province in Syria, the desperate humanitarian crisis resulting from Saudi-led coalition’s actions in Yemen, the refugee crisis emerging from Maduro’s grip on power in Venezuela, and Myanmar’s denial of the genocide of the Rohingya at the International Court of Justice. And while Roth is encouraged by a growing international response to China’s actions in Xinjiang, particularly from Muslim majority nations, there remains much more to be done. From a U.S. perspective, the report notes that strong rhetoric from officials condemning human rights violations in China is “often undercut by Trump’s praise of Xi Jinping and other friendly autocrats,” as well as the Trump-administration’s own policies in violation of human rights, including forced separation at the U.S.-Mexican border.
Javier E

Opinion | The Chinese Population Crisis - The New York Times - 0 views

  • even after years of growth, Chinese per capita G.D.P. is still about one-third or one-fourth the size of neighboring countries like South Korea and Japan. And yet its birthrate has converged with the rich world much more quickly and completely — which has two interrelated implications, both of them grim.
  • First, China will have to pay for the care of a vast elderly population without the resources available to richer societies facing the same challenge.
  • a real problem: Having kids, inevitably one of the harder things that human beings do, feels harder still in a society where children are invisible, siblings absent, and large families rare, where there aren’t ready exemplars or forms of solidarity for people contemplating parenthood.
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  • Second, China’s future growth prospects will dim with every year of below-replacement birthrates, because low fertility creates a self-reinforcing cycle — in which a less youthful society loses dynamism and growth, which reduces economic support for would-be parents, which reduces birthrates, which reduces growth …
  • Yes, in an age of stagnation, CO2 levels won’t grow as fast, delaying some of climate change’s effects — but at the same time a stagnant society will struggle to innovate enough to escape the climate crisis permanently.
  • in the worst-case, to cite a recent paper by the Stanford economist Charles Jones, it risks “an Empty Planet result: knowledge and living standards stagnate for a population that gradually vanishes.”
  • the human race is increasingly facing a “global fertility crisis,” not just a European or American or Japanese baby bust. It’s a crisis that threatens ever-slower growth in the best case
  • the Chinese case is also distinctive, because cruel policy choices made its demographic problems worse.
  • by targeting minority and religious populations, Beijing is attacking the country’s more fecund groups, in what amounts to a statement that if Han birthrates have fallen, minority birthrates must be cut to match.
  • there is Western guilt as well, because the one-child policy was linked to a project hatched by Western technocrats, funded by Western institutions, and egged on by Western intellectuals — a classist, sexist, racist, anti-religious program that sought to defuse a “population bomb” that, we know now, would have defused itself
  • The Western effort died away as the population bomb fizzled, and while its Malthusianism endures around the edges of environmentalism and in European anxieties about African migration, mostly the population control crusade is recalled as a mistaken extrapolation, a well-meaning mistake.
  • As we contemplate the demographic challenge of the future, we should reserve particular opprobrium for those who chose, in the arrogance of their supposed humanitarianism, to use coercive and foul means to make the great problem of the 21st century worse.
Javier E

Opinion | Cities Will Survive Covid-19 - The New York Times - 0 views

  • They are indispensable as engines of economic growth, catalysts of technological and cultural innovation — and they are one of the most environmentally sustainable ways we know of for housing lots of people.
  • they are also ripe for rebirth. The virus presents an opportunity to remake urban life for the better, particularly by addressing its inequities.
  • Already, the pandemic has prompted cities around the world to embrace once radical-seeming ideas. In car-free streets and permanent alfresco dining, a picture of a more livable city is emerging
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  • Contrary to conventional wisdom, urban population density does not seem to have been the primary factor in the virus’s spread — note how Asian megacities like Hong Kong and Seoul combated the virus successfully, while many American rural areas suffered major outbreaks.
  • But in New York and other American cities, overcrowding within residences, caused by a lack of affordable housing, did exacerbate the contagion. So let’s fix that: In addition to loosening our antiquated zoning rules, perhaps vacant office buildings and retail space can be turned into apartments, lowering the cost of housing.
  • This is also our chance to remake crumbling urban infrastructure — to create more engaging outdoor public spaces and to radically improve public transportation.
  • Then there is climate change. Think of the coronavirus as a trailer for the horror flick of natural disasters to come. We have a chance to fortify urban space against future outbreaks of disease as well as the coming calamities caused by the changing weather — we can even do both at the same time
  • The coronavirus does not have to kill cities — just our old idea of what cities were, how they worked, and who they were for.
  • Despite their economic and cultural importance, cities in the United States are often marginalized in politics and, more deeply, in our picture of how America should work. About 80 percent of Americans live in urban areas, but most say they’d rather live somewhere else.
  • Democrats depend on big cities and their surrounding suburbs for the bulk of their voters, but when was the last time you heard a national Democratic politician make a forceful case for the beauty, creativity and importance of cities
  • “Cities were once the most helpless and devastated victims of disease, but they became great disease conquerors,” wrote Jane Jacobs, the great urbanist, in “The Death And Life of Great American Cities.”
  • “All the apparatus of surgery, hygiene, microbiology, chemistry, telecommunications, public health measures, teaching and research hospitals, ambulances and the like, which people not only in cities but also outside them depend upon for the unending war against premature mortality, are fundamentally products of big cities and would be inconceivable without big cities.”
anonymous

What Does President-Elect Biden Owe to Black Voters, Communities? - The New York Times - 0 views

  • In his victory speech, the president-elect said of Black voters: “You’ve always had my back, and I’ll have yours.” Many of those voters are watching to see what he does in office.
  • NORTH CHARLESTON, S.C. — Joseph R. Biden Jr. went to the Royal Missionary Baptist Church in South Carolina in late February, before the state’s presidential primary, and listened as the Rev. Isaac J. Holt Jr. delivered a message of encouragement.
  • In South Carolina, the state that helped propel Mr. Biden to the Democratic nomination and where about half of the Democratic electorate is Black, voters complain of receiving campaign promises from politicians while they are running but not being prioritized once they are elected.
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  • “Especially at those moments when this campaign was at its lowest ebb, the African-American community stood up again for me,” Mr. Biden said. “You’ve always had my back, and I’ll have yours.”
  • Many also pushed back against the singular focus on racial representation that has dominated debates over Mr. Biden’s transition team and cabinet picks. Having a cabinet that reflects the racial diversity of America is good, they said. But they added that Mr. Biden’s legacy on race would be judged on his willingness to pursue policy changes that address systemic racism — a standard he has set for himself.
  • Mr. Biden’s selection of Vice President-elect Kamala Harris, the first Black woman on a major party ticket, was — with the campaign’s encouragement — taken as a symbolic affirmation of these commitments. Former President Barack Obama, the country’s first Black president, had to assure white America he would be a president for all races. But Mr. Biden repeatedly asserted that Black communities would get special attention in his administration.
  • Some Black leaders who have met with Mr. Biden and Ms. Harris during the transition have been frustrated by this sentiment, according to several people familiar with the discussions. Mr. Biden, the leader of the Democratic Party, is one of the few Democrats left who believes that the Republicans who reflexively opposed Mr. Obama’s every action and have been slow to acknowledge Mr. Biden’s legitimacy are simply an aberration.
  • “He can’t get stuck on healing hearts,” said Shakeima Chatman, 46, a real estate agent. “But he can institute policies and regulation.”What gave them hope: that Mr. Biden was comfortable among Black voters on the campaign trail and the loyalty he showed to Mr. Obama as his vice president.What worried them: that he favorably invoked segregationists in the name of bipartisanship, that he said Black people who did not support him “ain’t Black,” and that he told wealthy donors at a fund-raiser that “nothing would fundamentally change” if he was elected.For Black communities, it must.“Policies created these disparities,” said Cleo Scott Brown, who is 66. “Policy has to fix it.”
anonymous

4 Dead, Dozens Arrested After U.S. Capitol Siege : Insurrection At The Capitol: Live Updates : NPR - 0 views

  • Washington, D.C., officials say four people have died, including one in a shooting inside the U.S. Capitol, and more than a dozen police officers were injured after a mob of supporters of President Trump stormed the nation's legislative building, temporarily shutting down a vote to certify his successor's win.
  • At least four people were arrested for carrying a pistol without a license and having a large capacity ammunition feeding device, including one instance of possessing a firearm on Capitol grounds.
  • As Congress began debate over the certification of Electoral College ballots that would finalize President-elect Joe Biden's victory, a large mob decked in red "Make America Great Again" hats and carrying "Trump 2020" and Tea Party flags burst through barricades, overcame Capitol Police and entered the legislative chambers.
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  • Numerous videos shared online showed how the noise of protesters could be heard from inside the Senate and House chambers. In an hours-long siege, the rioters tore through the building, breaking windows, attacking police and ransacking lawmakers' offices. Lawmakers, staffers, reporters and other Capitol building workers were forced into hiding while heavily armed police and federal agents rallied a response.
  • D.C. officials said one woman was shot by a Capitol Police officer amid the chaos. Three others died after separate medical emergencies,
  • Police also responded to reports of suspicious packages discovered on Capitol grounds and in other areas of the city. Two pipe bombs left at the Republican National Committee headquarters and the Democratic National Committee headquarters were discovered by police and safely detonated, police said.
  • Yet, there were few arrests in relation to the scope of the unrest as of Wednesday night, despite clear evidence on video of hundreds of rioters gaining access to the Capitol and damaging government property.
  • Police arrested 70 people on charges related to unrest from Wednesday through 7 a.m. Thursday, Washington's Metropolitan Police Department said. Most of those arrests were for violating curfew, with many also facing charges of unlawful entry
  • D.C. police will be releasing information later Thursday asking the public's help identifying individuals who breached the Capitol so that they "can be held accountable," he said.
  • Videos taken of the chaos appeared to show, at best, an unprepared police force easily overrun by rioters or, at worst, one that appeared to acquiesce to the mob. Unverified videos shared on social media showed a police officer taking selfies with some rioters who entered the Capitol, and another appeared to show officers moving barricades to allow a large crowd of people to approach the building.
  • According to D.C. law, Metropolitan Police can only make arrests on Capitol grounds with the consent or at the request of Capitol Police.
  • Lawmakers already promised a full investigation into the actions by Capitol Police Wednesday.
  • The FBI has set up a tip line website for information tied to the riots. The agency said it's seeking information to "assist in identifying individuals who are actively instigating violence in Washington, D.C."
  • Stephanie Grisham, the chief of staff for first lady Melania Trump, submitted her resignation effective immediately. As did White House social secretary Anna Cristina Niceta and White House press aide Sarah Matthews.Deputy national security adviser Matt Pottinger reportedly also resigned Wednesday, according to Bloomberg News.
tsainten

How the Wealthy World Has Failed Poor Countries During the Pandemic - The New York Times - 0 views

  • On the other side of the world in Washington, two deep-pocketed organizations, the World Bank and the International Monetary Fund, vowed to spare poor countries from desperation. Their economists warned that immense relief was required to prevent a humanitarian catastrophe and profound damage to global prosperity. Emerging markets make up 60 percent of the world economy, by one I.M.F. measure. A blow to their fortunes inflicts pain around the planet.
  • The shutdown of tourism has punished many developing countries.
  • Billions of people have lost the wherewithal to buy food, increasing malnutrition. By next year, the pandemic could push 150 million people into extreme poverty, the World Bank has warned, in the first increase in more than two decades.
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  • ut the World Bank and the I.M.F. have failed to translate their concern into meaningful support, say economists. That has left less-affluent countries struggling with limited resources and untenable debts, prompting their governments to reduce spending just as it is needed to bolster health care systems and aid people suffering lost income.
  • The wealthiest nations have been cushioned by extraordinary surges of credit unleashed by central banks and government spending collectively estimated at more than $8 trillion. Developing countries have yet to receive help on such a scale.
  • A longtime government finance official who worked in the Trump administration’s Treasury Department, he has displayed contempt for the World Bank and the I.M.F.
  • “The World Bank Group intends to respond forcefully and massively,” Mr. Malpass said. At the I.M.F., Ms. Georgieva said she would not hesitate to tap the institution’s $1 trillion lending capacity. “This is, in my lifetime, humanity’s darkest hour,” she declared.
  • $11 billion going to low-income countries.
  • excessive faith in a widely hailed initiative that aimed to relieve poor nations of their debt burdens to foreign creditors. In April 2020, at a virtual summit of the Group of 20, world leaders agreed to pause debt payments through the end of the year.
  • World leaders played up the program as a way to encourage poor countries to spend as needed, without worrying about their debts. But the plan exempted the largest group of creditors: the global financial services industry, including banks, asset managers and hedge funds.
  • As the pandemic spread, Pakistan raised health care spending but cut support for social service programs as it prioritized debt payments.
  • Mr. Summers recently described the debt suspension initiative as “a squirt gun meeting a massive conflagration.”
  • Private creditors maintain that poor countries have not requested relief, recognizing that credit rating agencies may treat debt suspension as a default — a status that jeopardizes their future ability to borrow.
  • the I.M.F. has allocated $500 million to cover the costs of debt suspension, while handing out more than $100 billion in fresh loans. More than $11 billion from the loan proceeds has paid off private creditors, according to a report from the Jubilee Debt Campaign.
mariedhorne

The 2020 election for the White House and Congress poised to hit record-shattering $14 billion, updated estimate shows - CNNPolitics - 0 views

  • The cost of this year's federal elections will hit close to $14 billion, shattering records and doubling the amount of money spent to influence presidential and congressional contests four years ago, according to an estimate released Wednesday.
  • And the 2020 election also has seen a dramatic reversal in the financial fortunes of the two men vying for the White House
  • Donations to the Biden campaign alone through mid-October -- the most recent public filings -- already have topped $930 million.
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  • "Ten years ago, a billion-dollar presidential candidate would have been difficult to imagine. This cycle, we're likely to see two," the center's executive director Sheila Krumholz said in a statement.
  • Bloomberg and California hedge-fund founder Tom Steyer -- Democratic candidates and groups spent $5.5 billion in this cycle; Republicans, $3.8 billion. That marks an unprecedented financial advantage for Democrats.Small-dollar donors account for 22% of the money raised this cycle, up from 15% in the last presidential election cycle.
  • race in South Carolina, out-of-state money accounted for 93% of Harrison's money and about 87% of the campaign funds collected by Graham.Women donors have stepped up their giving, accounting for 44% of contributions, a new high. And women donors have donated $1.3 billion to Democrats, compared to roughly $570 million to Republicans.
Javier E

Opinion | Gen X, Right-Wing Bastion? - The New York Times - 0 views

  • my generation, so often passed over, merits some ideological analysis. And Noah Smith, the economics writer for Bloomberg and an edge-of-Generation-Xer (born in 1980), offered the beginnings of one last week on Twitter.
  • The formative world of Gen X, he pointed out, was one of Republican dominance in presidential politics, evangelical revival in American religion and diminishing social conflict overall.
  • “Xers grew up in a nation that was rapidly stabilizing under conservative rule,” he writes, suggesting that many Americans now in midlife associate the G.O.P. with that stability and the subsequent trends pushing the country leftward with disorder and decline.
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  • I’d add a few more: the conservative influence of John Paul II’s papacy for Generation-X Catholics
  • the seemingly positive trendlines on race relations (visible in polls of African-Americans as well as whites) from the 1990s through the early Obama years
  • By virtue of having “adulted” more successfully than millennials — marrying, homebuying and having kids earlier and in larger numbers — Generation X enjoys a certain bourgeois realism about what sustains human societies, what choices in your 20s will make you happiest in your 40s, that’s absent from the very-online progressivism of the young
  • and the effects of the Reagan and Clinton economic growth spurts, which enabled my generation to enter adulthood under more prosperous conditions than the Great Recession-era landscape that hobbled millennials
  • On economics, meanwhile, Gen X conservatives can be tempted into uncharity toward younger Americans, interpreting their struggles and sympathies for socialism as a moral failure, as opposed to a response to a more hostile economic landscape than we faced
  • Zombie Reaganism, sticking with a conservative policy agenda that’s lost much of its relevance, precisely because the Reagan agenda helped make the world in which we came of age.
  • the characteristic Gen X weakness on race is a complacent assumption that the Clinton-to-Obama period resolved issues like the wealth gap or police misconduct, instead of just tabling them
  • There is an emotivism and narcissism that millennial liberalism and boomer liberalism seem to share, and in strong doses it’s poison for institutions.
  • The ironic communitarianism of Gen-X conservatism probably isn’t the perfect antidote, but it may be all we’ve got.
  • To grow up in the ’70s or ’80s was to come of age just after liberalism’s last high tide, and to see evidence of its failures all around — from the urban blight and ugliness left by utopian renewal projects to the adult disarray and childhood misery sowed by the ideology of sexual liberation in its Hefnerian phase.
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