Drudge Retort: The Other Side of the News

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Thursday, May 23, 2019

So if IQ scores are really dropping, that could not only mean 15 more seasons of the Kardashians, but also the potential end of progress on all these other fronts, ultimately leading to fewer scientific breakthroughs, stagnant economies and a general dimming of our collective future. As yet, the United States hasn't hit this IQ wall -- despite what you may be tempted to surmise from the current state of the political debate. But don't rush to celebrate American exceptionalism: If IQs are dropping in other advanced countries but not here, maybe that means we're not really an advanced country (too much poverty, too little social support). read more

Like many people her age, Rodriguez believes climate change will have catastrophic effects on our planet. Some 88% of millennials -- a higher percentage than any other age group -- accept that climate change is happening, and 69% say it will impact them in their lifetimes. Engulfed in a constant barrage of depressing news stories, many young people are skeptical about saving for an uncertain future. read more

Wednesday, May 22, 2019

Loving, the head of Destination: Home, thinks the North Bayshore plan should include a lot more affordable housing. But she and others say it's not just about money. There needs to be political will -- people have to want to help their neighbors in need. Some Silicon Valley residents don't want new apartment buildings changing their suburban towns, and they get angry at the thought of affordable housing bringing poorer people to their neighborhoods. Two years ago, about 500 local residents showed up at a meeting to discuss small, temporary housing in San Jose. Many screamed and shouted at Loving and her colleagues. At one point, the crowd chanted "build a wall" to keep homeless people away. read more

SACRAMENTO -- Gov. Gavin Newsom called growing homelessness in California a national disgrace as he announced Tuesday that he is launching a task force to find solutions amid a housing crisis in the most populous state. The Democratic governor said the state has lacked a strategy to curb homelessness but argued that answers will come from the local level. He said the group will work with cities and counties to develop regional plans for addressing the issue. Newsom made the announcement in Oakland, where county officials said the number of homeless people rose 43 percent over the last two years. Recent data from other counties has shown large increases, too. read more

A charity run by the wife of Rep. Elijah Cummings received millions from special interest groups and corporations that had business before her husband's committee and could have been used illegally, according to an IRS complaint filed by an ethics watchdog group. Cummings, 68, a Maryland Democrat, is chairman of the House Committee on Oversight and Government Reform. His wife, Maya Rockeymoore, 48, is the chairman of the Maryland Democratic Party and briefly ran in the state's gubernatorial race last year. The couple married in 2008. Cummings was once heavily in debt -- in part due to hefty child support payments to his first wife and two other women he had children with -- but his financial situation has improved considerably over the past decade. read more


What specific things has Trump done to deserve credit for that?

Eliminated regulations .... regulations aren't good or bad, its the actual regulation that could be bad.

The Tax Cuts and Jobs Act ended the long-time federal subsidy of high state and local taxes (SALT) by capping the deduction at $10,000 per filing household. And while most Americans received a tax cut, some similarly situated taxpayers received more or less of a tax cut depending on whether they lived in high-tax states like California or New York, or low-tax state like Texas or Florida.

Since all things being equal, investment capital follows returns, it stands to reason that the tax law's change in the treatment of SALT might show up in the state level employment reports. In fact it did, almost immediately, as job-creating resources shifted towards lower-tax jurisdictions.

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