Hillary Clinton on Sunday announced her plan for infrastructure spending—a “down payment on our future,” she said—and it comes with a hefty price tag: $275 billion.
At a campaign event in Boston, the frontrunner for the Democratic presidential nomination called for an increase in federal infrastructure spending over five years and the establishment of an infrastructure bank—two proposals that she says will create jobs and repair the U.S.’s crumbling highways and bridges.
Just $275 billion? That’s only $55 billion annually. That’s not enough to address the ailments of the nation’s roads and bridges — let alone everything else. The Federal Highway Administration argues $170 billion is needed each year to address safety issues and performance. Federal, state, and local investment, the American Society of Civil Engineers says, amounts to only $91 billion each year. Meanwhile, bad roads cost Americans more than $100 billion annually in wasted time and fuel.
On Monday night, Cruz’s colleagues ignored his attempt to disrupt Senate Majority Leader Mitch McConnell’s efforts to fund the government without attacking Planned Parenthood. In an unusual rebuke, even fellow Republicans denied him a “sufficient second” that would have allowed him a roll call vote.
Then, his Republican colleagues loudly bellowed “no” when Cruz sought a voice vote, a second repudiation that showed how little support Cruz has: Just one other GOP senator — Utah’s Mike Lee — joined with Cruz as he was overruled by McConnell and his deputies.
My wife’s engagement ring contains a marquis cut diamond appraised at $2000. I bought it at a pawn shop for $600. The pawn broker was ready to shoot me dead if I tried to steal it. When I paid him the $600 he was asking, he got teary eyed, ransacked his back room for a jewelry box, admitted he would have taken $550 because he could tell I am a good man, and promised that she would have no choice but to marry me in the face of that sparkling gem. It is a thing of beauty, no doubt.
Diamonds are plentiful and relatively indestructible. The second hand market is glutted with diamonds that no one wants because, without the sentimental value, they are comparatively cheap. Oil is not like that. Once it is consumed it exists only as a cloud of excrement. Our collective cloud of excrement has become a life-threatening problem as a result of economic forces set in motion by the General Motors streetcar conspiracy, in which five companies were convicted of conspiring to destroy electric-powered mass transit in favor of oil-powered transportation. Continue reading →
I am a proud Democrat. I think the Democratic Party started with a Virginia planter and Renaissance man named Thomas Jefferson. I am not proud of TJ for owning slaves. Slavery is an abomination, the antithesis of everything for which the Democratic Party stands. Jefferson himself was an abolitionist, describing slavery as holding “a wolf by the ear, and we can neither hold him, nor safely let him go.” He also believed that emancipation would result in a large scale race war which would destroy America, his beloved experiment in liberty.
I believe otherwise. I believe that if one allows a man to stop being a wolf and become a fellow Renaissance man, he will do exactly that. I believe this has been proven time and again during the intervening centuries. I am not, nor have I ever been, a member of the Communist Party. I have read Max Weber. I understand that every moment is valuable, not only in the present, but also for the fruits it may bear, properly invested, in the future. Continue reading →
Laudato Si’, the papal encyclical letter written by Pope Francis, is helping to move global warming to the forefront of the world’s consciousness.
The fearlessness that Pope Francis displayed in his papal encyclical letter on global warming flies in the face of cynicism that many experience about institutions. (Photo: Wikipedia)
Recent years have exposed the emptiness of the free market ideology — arguably a theology — and U.S. intervention. In turn American voters have staged some dramatic about-faces: from George W. Bush to Barack Obama (or our idealized version of him before he proceeded to continue and even double-down on — surveillance — some of Bush’s policies); from Scott Brown to Elizabeth Warren; and Mike Bloomberg to Bill de Blasio. But none of these can compare with the series of popes culminating in the ossified Benedict XVI to Francis, who didn’t take long to reveal himself as a champion of the dispossessed (and I’m speaking as a former Catholic to whom no love was lost on the church).Continue reading →
My grandfather was a union-buster at Hanes Dye and Finishing Company in Winston-Salem, North Carolina. He got his degree on the GI bill after World War Two and worked his way up through the company, all the way to executive vice-president. He was one promotion away from the presidency. He could have made Hanes Dye the best chemical company in the world. Instead they made him the straw boss. Continue reading →
Thank you for your service to our country. As you know, President Obama’s historic peace accord with Iran is in jeopardy. Granted, we could smash Iran into little pieces without very much effort at all. However, to do so would precipitate a catastrophic descent into world war, destabilizing our military hegemony and costing millions or billions of lives. It would also place America firmly in the historical category of hubristic villain states, and could very well bring about our downfall, if not our complete destruction. A vote against the Iran deal is a vote for that second option. Continue reading →
When Yanis Varoufakis left academia to take up his position as Greece’s finance minister after the far-left electoral victory which brought Syriza to power, he said words to the effect that – if things didn’t work out – he could always go back to university.
“I mean, I really don’t want to be in this office … I will go back to my book about Europe, which is half-finished. It’s very difficult to find an ending when I am still in this job.”
I took away from that soundbite that he, akin with many of his ivory-tower colleagues, is unsuited for the real world and would abandon the consequences of his actions as soon as he got bored.
Tobacco Road by Erskine Caldwell (image courtesy Goodreads)
Sometime back in my graduate school days I ran into an article in which the scholar spent a number of pages complaining that Charles Dickens didn’t create characters – rather, he created caricatures, exaggerated depictions of humanity. While I saw the guy’s point, it didn’t make me love Dickens any less. It seems to me Dickens’ caricatures (whether an Ebeneezer Scrooge or a Samuel Pickwick) vibrate with more of this thing we call life than most “realistic” literary characters (I’m looking at you, Emma Bovary).
I was a voracious reader as a child. Growing up as I did in the South, where for too many folks “reading” consisted of a) checking on how the Tarheels or Gamecocks or Cavaliers did, or b) reading (and usually badly misinterpreting) the Bible, my interests in books and learning made me both an anomaly and an object of suspicion, especially among my peers.
There’s much to like about Bernie Sanders, but can he really help us kick the war habit?
Occupy Democrats and US Uncut have a handy macro going around that highlights Bernie’s 11 point economic agenda. It’s big. It’s important. It’s to be lauded. And if we’re not to have Bernie, it’s to be emulated. But we’ve also seen the devastating effect war has had on our economy, to say nothing of the lives lost to our wayward military adventurism. Below you’ll find my own reasons for supporting this 11-point economic plan as well as some serious consideration of his missing 12th point. Continue reading →
For that matter, on a list of the ten poorest Congresstocrats, good ol’ Alcee comes in 8th poorest with a net worth of $2.23 million, to say nothing of that teeny weeny salary of his. Poor Steve Scalise, hobnobber with Duke-inspired hatemongers that he is, at least has the decency to get by as the poorest of the poor with a net worth of only $671,000.
I took a bunch of rich kids to Baltimore in July of last year. We stayed at The Center, a fortified compound on the property of First & Franklin Presbyterian Church. My primary job was to keep the kids safe. I learned the access codes and the panic buttons. I learned which doors not to open, should anyone knock on them. I learned about the gates, a containment cage designed to prevent my empathy from endangering my fellow Christians.
I also learned about food deserts. Basically, a food desert is an urban environment in which the food is far away and the people have no reliable transport. Forget cars, the buses don’t circulate in the poor sections of Baltimore. We waited for two hours. Some empathetic locals emerged from their possibly condemned town house to warn us that the bus wasn’t coming and that we, positive vibes be damned, should be long gone before the sun went down. There is a metro station less than a mile away, downhill. Get going, children. Continue reading →
“Jeb Bush, Chris Christie, and other Republican hopefuls are already pushing to raise the eligibility age for Social Security to 69 – which their big-business Republican donors have been urging for years.”
This is the kind of tepid thinking that lets those lazy olds off the hook way too easily. Continue reading →
The Trans-Pacific Partnership is the opposite of free trade
Like many, I have my share of disappointments with Obama. On balance, he’s infinitely preferable to any of the plausible Republican alternatives—can you imagine what Mitt Romney or John McCain and a Republican Congress would be getting up to these days? Still, there are areas—global warming in particular—where I wish he had been more aggressive. I fully concede the limits of what may have been possible throughout his term, given the implacable opposition he has been facing. But still, it would have been good to see a more deliberate attempt to change the trajectory of things.
The ongoing corporatization of nearly everything would have been another place to start. I suppose the failure to pursue the banks aggressively should have been a tip-off that the Clinton financial people were still running the show. Plus the Obama administration’s unwillingness to try to put Elizabeth Warren as head of her brainchild, the new (and pretty efficient, I gather) Consumer Financial Protection Bureau (although she has had her payback.) When people start telling me that there’s no real difference between the two parties, in the finance area I tend to agree, with some notable exceptions like Warren. Continue reading →
The London School of Economics and Political Science calls the following ten books “must-reads” for Women’s History Month this year. I draw your attention to the review of Recoding Gender, which mentions the story of a very successful woman-owned American tech company that relied heavily on flexible scheduling and home-based work for women. When the company tried to expand into Denmark, however, it turned out that Danish women had little interest in working from home because of the well-developed child care system in that country. This leads me to wonder what the impact here might be if we actually offered child care like it is offered in Denmark and many other European countries. I am also especially interested in getting to my book shelf Gender, Agency, and Political Violence, which invites readers to reconsider the agency of female suicide bombers and also examines the masculinity and emotional depth of men imprisoned during “The Troubles” in Northern Ireland. Actually, if money were not an issue, all ten of these books would be on their way to my bookshelf. Continue reading →
Karl Marx was a brilliant diagnostician. His analysis of the way in which unregulated capitalism can drive inequality was incisive, especially considering the lack of data available to him to prove his point. His solution, on the other hand, was appallingly destructive.
That seems to happen fairly often. People notice a social or economic problem, assess and diagnose its cause with astonishing aplomb, and then suggest a solution of startling naiveté based on cartoonish assumptions about the way people behave.