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Friday, December 01, 2017

There was, first, the supply-side school. A few weeks ago the American Heritage Dictionary, which is not related to the American Heritage Foundation, and to which I am an unpaid adviser, wrote me to get a definition of "supply-side economics." I told them not to bother; by the time the new edition came out, no one would want to know.

Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy -- what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows. Others have referred to it as the Willy Sutton syndrome. Republicans, like the late Mr. Sutton, always go where the money is.

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Thursday, November 30, 2017

MSNBC's Joe Scarborough said on Thursday that people close to President Trump told him during the campaign that Trump has "early stages of dementia."

During MSNBC's "Morning Joe," Scarborough said Trump is "completely detached from reality."

"You have somebody inside the White House that the New York Daily News says is mentally unfit," Scarborough said.

"That people close to him say is mentally unfit, that people close to him during the campaign told me had early stages of dementia."

The White House has defended the unverified, Islamophobic videos that Donald Trump shared as driving home an important point -- regardless of if they are real or not. "Whether it's a real video, the threat is real," Press Secretary Sarah Huckabee Sanders told reporters. "His goal is to promote strong border security and strong national security." Trump retweeted several videos from far-right extremist group Britain First on Wednesday morning. The videos purported to show violence by Muslims, such as "Muslim migrants beating up a Dutch boy on crutches." Another claimed to show an "Islamist mob" pushing a teenager off a roof and beating him to death. The videos have not been independently verified. In a least one incident, local media and police never identified the alleged attacker as Muslim. Sanders, however, maintained that the videos did not need to be verified, claiming the media was focusing on "the wrong thing."

Monday, November 27, 2017

A woman who falsely claimed to The Washington Post that Roy Moore, the Republican U.S. Senate candidate in Alabama, impregnated her as a teenager appears to work with an organization that uses deceptive tactics to secretly record conversations in an effort to embarrass its targets. In a series of interviews over two weeks, the woman shared a dramatic story about an alleged sexual relationship with Moore in 1992 that led to an abortion when she was 15. ... The Post did not publish an article based on her unsubstantiated account. When Post reporters confronted her with inconsistencies in her story and an Internet posting that raised doubts about her motivations, she insisted that she was not working with any organization that targets journalists. But on Monday morning, Post reporters saw her walking into the New York offices of Project Veritas, an organization that targets the mainstream news media and left-leaning groups. read more

Friday, November 24, 2017

Few people realize that the loans they take out to pay for their education could eventually derail their careers. But in 19 states, government agencies can seize state-issued professional licenses from residents who default on their educational debts. Another state, South Dakota, suspends driver's licenses, making it nearly impossible for people to get to work. As debt levels rise, creditors are taking increasingly tough actions to chase people who fall behind on student loans. Going after professional licenses stands out as especially punitive. ... "It's like shooting yourself in the foot, to take away the only way for these people to get back on track," said Daniel Zolnikov, a Republican state representative in Montana. People who don't pay their loans back are punished "with credit scores dropping, being traced by collection agencies, just having liens," he said. "The free market has a solution to this already. What is the state doing with this hammer?" read more


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