Category Archives: I For One Welcome Our Austerity Overlords

The Failure Of Governance Of D.C.’s Metro Rolls On

Once again, D.C. Metro is facing a failure of governance–and it’s not just Metro’s management, but the unwillingness of regional politicians to spend the needed money on the system. As a consequence, Metro, rather than transforming itself into a mass … Continue reading

Posted in DC, I For One Welcome Our Austerity Overlords, Transportation, We're Really Fucked | Leave a comment

The Politics of Hopelessness

I’m tired of feeling like we’re losing even when we (sort of) win (boldface mine): Amid all the accusations that Hillary Clinton is not an honest or authentic politician, that she’s an endless shape-shifter who says whatever works to get … Continue reading

Posted in I For One Welcome Our Austerity Overlords, We're Really Fucked

Sunday Sermon: Bernie’s Free Lunch

And one for Hillary as well, though she seems less inclined to take it (unfortunately). This is a point I’ve made many times before–deficit spending per se is not inherently good or bad (boldface mine): Not only do we not … Continue reading

Posted in Economics, I For One Welcome Our Austerity Overlords | 1 Comment

They’re Still Lying About the Post Office’s ‘Insolvency’

I’ve written many, many times about the false fiscal crisis that the United States Postal Service (‘USPS’) supposedly faces. In 2006, Congress passed the Postal Accountability and Enhancement Act (PAEA) which requires USPS to pre-fund 75 years of worker benefits … Continue reading

Posted in Bidness, Democrats, I For One Welcome Our Austerity Overlords, USPS | 1 Comment

All Right We Are Two Nations

Recently, the Russell Sage Foundation surveyed what they called “elites”, people who are at or near the top 1 percent of U.S. wealth-holders and have an average income of more than $1 million annually. As the kids used to say … Continue reading

Posted in Basic Human Decency, I For One Welcome Our Austerity Overlords

I’m Going With “Economic Elite Domination”

There’s a very interesting post by Larry Bartels about a recent political science paper that examines which groups in the U.S. succeed in the political system. You’ll never guess what happened next! A forthcoming article in Perspectives on Politics by … Continue reading

Posted in Bidness, Economics, I For One Welcome Our Austerity Overlords | 5 Comments

NIH Cuts and Science Job Losses

Jeremy Berg lays out what the failure to replace the sequestration cuts at NIH means: Also, based on previous years, we can reason that about 30 percent of those who would have been funded without the sequester would have been … Continue reading

Posted in Economics, Funding, I For One Welcome Our Austerity Overlords, NIH | 2 Comments