Bill Mitchell: I fell off the left-right continuum today

Naked Capitalism highlighted the Bill Mitchell – billy blog article I fell off the left-right continuum today.

Second, Bill Keller says that in relation to “entitlement”:

The left-left seems to believe that government investments — roads and bridges, clean energy, education, etc. — and more-generous safety-net benefits can all be had by milking the rich and cutting military spending. Most centrists would raise taxes some and cut defense spending some, but they say that unless we also curb the growth of entitlements, the stampede of baby boomers into Social Security and Medicare will crowd out everything else.

The crowding out will only come if the US runs out of real resources that can be deployed to service the needs of the older citizens.

Increasing benefits to the poor might put a strain on real resources in the future (although I doubt it) which means that other cohorts will have to be deprived. But this has nothing to do with the capacity of the US government to purchase what real resources are available.
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Most of this dispute in US democratic politics spreads more widely. It also is based on the fact that the “centre-left” is nothing like a reasonable depiction of centrist positions. They represent positions that the right-wing used to advance especially in economic matters.

They perpetuate the neo-liberal myths about government financial capacity and then demonise positions that used to be centrist. Further, the new left still refuse to embrace a truly progressive view of the monetary system.

They remain locked into believing that currency-issuing governments have financial constraints. Until they jettison that mythology they will remain populist but ineffective.

I am a firm believer that it is the “real resources” that matter as indicated in the first Mitchell paragraph above.  You can use debts and deficits as a convenient way to measure things, but if those measures contradict what looking at real resources tells you, then something is wrong with your interpretation of the meaning of the convenient measurement quantities.

I have used that concept throughout my career developing computer simulation programs.  If the simulation goes against your intuition of how the real system should behave, then you need to look at the discrepancy very carefully.  It could be that your intuition is wrong, or it could be that the simulation is wrong.  In either case, you need to pin down what is happening.  Either you find a bug in the software, or you find a new insight into how the real system works.

In economics, when the economic theory diverges from your intuition about how the real economy operates, then you shouldn’t just blindly pick the theory or your intuition as being correct.  You need to dig more deeply to see if you can find other ways to resolve the divergence until you know which one, theory or intuition, is closer to reality.


Two Challengers – Both One of a Kind

Well, I took Ralph Nader’s advice and went over to his website.  The first article that caught my attention was Two Challengers – Both One of a Kind.

Two distinctly different Americans with distinctly similar, independent thinking and progressive values passed away last week. The great accounting professor Abraham Briloff (age 96) who relentlessly and brilliantly took apart the failures of his profession to insist on honest and ethical corporate accounting, and Tom Laughlin (age 82), the jolting producer and star of the ‘Billy Jack’ films who broke the Hollywood industry’s rules with sagas of fighting for justice. Although they never knew each other, they both championed fair play and courage to face the grim realities of the day.

Of course, I had never heard of Briloff, but I do remember Tom Laughlin and his ‘Billy Jack’ films. Unfortunately, I never appreciated what ‘Billy Jack’ was all about.  Or maybe, I’d had enough of that genre in the Walking Tall movies with Joe Don Baker.

Based on the life of Tennessee sheriff Buford Pusser whom (sic) almost single-handily cleaned up his small town of crime and corruption, but at a personal cost of his family life and nearly his own life.

There is only so much fighting a losing battle for truth and justice that one can take.  Your threshold may be much different from mine.


On Florida in 2000 and What to Do Next

The Real News Network has part 3 of the Nader series – On Florida in 2000 and What to Do Next – Ralph Nader on Reality Asserts Itself (3/3).

NADER: You see, here’s the point, Paul. We’ve got to get over this. We’ve got to basically say everyone’s got a right to run. Everybody’s going to try to get votes from one another. Therefore, everyone’s either a spoiler of one another or none of them are spoilers of one another. They called me a spoiler in 2000 after Bush stole the election all the way to the Supreme Court. I mean, I would think he’s a mega spoiler of the Democratic Party. But no, they basically have a political bigotry that don’t you dare challenge the Democratic Party, no matter how corporatized and indentured it is, from the left in the electoral arena. Well, you can write editorials for The Nation, you know, you can pick at the White House, but don’t get real serious.


In 2000, I was definitely one of those liberals who shunned Ralph Nader. You can see in this video interview how hard it is for Paul Jay to come to terms with what Nader is saying even now. So, lately since about 2004, I have come at least as far as what Ralph Nader said in part 2 of this series – At least we can go after the Democrats in the primaries.

I am experiencing my own min-Nader situation trying to convince fellow “progressives” that it is good policy to hold a Democratic politician’s feet to the fire in a primary. Don’t announce before they even run that despite all the bad things you know about their policies that you are going to support them no matter what. Didn’t your parents (or someone) ever teach you how to negotiate?

See the previous parts of this interview at my blog posts –

McCarthyism Made Us Veer Away From a Systemic Doctrine for Change – Ralph Nader on RAI (1/3)

and

Are Nader-Like Reforms Still Possible? – Ralph Nader on Reality Asserts Itself (2/3).


Are Nader-Like Reforms Still Possible?

The Real News Network has the second part of the series with Ralph Nader – Are Nader-Like Reforms Still Possible? – Ralph Nader on Reality Asserts Itself (2/3).

JAY: So one of the things that’s blocking that from happening is that, you know, every two years is an election, and every two years it is, if you don’t support Democratic Party candidates, you’re going to elect Republicans, and people get caught up and paralyzed by this.

NADER: Well, that’s where you go into–

JAY: And ’cause there is some truth to that.

NADER: –you go into the primaries.

JAY: There’s some truth to it.

NADER: Yeah, because you’ve got gerrymandered districts. So you’ve got most of the districts are dominated Republican/Democrat. Where they’re insecure is not in November; they’re insecure in their primary. So you attack them in their primary with progressive candidates. That’s–.

JAY: Within the Democratic Party.

NADER: Yeah, even the Republican Party. Listen, we had Republican senators and representatives–the auto safety bill, the first federal regulation of the powerful auto industry for pollution control and safety, passed unanimously in the House of Representatives.


When you hear Nader talk the way he does in this interview it is almost enough to get you to believe. I can hardly wait to listen to part 3 and blog about it hear.

A good question for my local readers – Do you think this would be enough to rejuvenate the Sturbridge Democratic Town Committee?

See the other parts of this interview at my blog posts –

McCarthyism Made Us Veer Away From a Systemic Doctrine for Change – Ralph Nader on RAI (1/3)

and

On Florida in 2000 and What to Do Next – Ralph Nader on Reality Asserts Itself (3/3)


Massive Inequality Didn’t Just Happen

Alternet has the article by Dean Baker – Massive Inequality Didn’t Just Happen—It Was Engineered by Conservative Government Policies.

The problem is that President Obama wants the public to believe that inequality is something that just happened. It turns out that the forces of technology, globalization, and whatever else simply made some people very rich and left others working for low wages or out of work altogether. The president and other like-minded people feel a moral compulsion to reverse the resulting inequality. This story is 180 degrees at odds with the reality. Inequality did not just happen, it was deliberately engineered through a whole range of policies intended to redistribute income upward.
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But the key point is that inequality didn’t just happen; it was the result of government policy. That is why people who actually want to see inequality reduced, and for poor and middle class to share in the benefits from growth, are not likely to be very happy about President Obama’s speech on the topic. His comment about the government being a bystander ignores the real source of the problem. Therefore it is not likely that he will come up with much by way of real solutions.

Those government policies that engineered this problem can be reversed.  Then we can try to engineer a policy that does not result in massive inequality.  Remember that life and economics are not binary systems.  It is not a choice between massive inequality and no inequality.  There are an infinite number of possible outcomes between these two extremes.  If we had any sense, we would stop pushing for less inequality before we got to the point of making life worse for everybody just so we could get more equality.  The goal is not equality for equality’s sake.  The goal is to have as decent a living standard for all as is possible.  The focus on the current massive inequality is just to show an obvious indicator that we are far from where we ought to be.

In the current situation, massive inequality is a good measure of our not making the economy work to provide at least a decent standard of living for all.  Making the economy work for all is the real goal. When inequality is not as massive as it is today, inequality will stop being  a good measure of how well we are doing in achieving our primary goal.


Kansas Board of Regents Undermine Academic Freedom at State Universities 1

The Real News Network has the video Kansas Board of Regents Undermine Academic Freedom at State Universities.

Draconian measure enacted by Kansas Board of Regents that effectively ends tenure and limits academic freedom could be replicated at colleges nationwide


In my 4 day old blog post The Kansas Regents (Casually) End Academic Freedom, you had to read what William Black had to say. In this post you can sit back and watch the video about him discussing the same topic. Maybe seeing is believing.


Rachel Maddow: Charles Koch buying sway over university hires is ‘objectively insane’

The Rawstory has the article Rachel Maddow: Charles Koch buying sway over university hires is ‘objectively insane’.

“Forget naming rights to the stadium, or whatever,” Maddow said, explaining that Koch “purchased hiring rights for the faculty at Florida State’s economics department. And yes, Florida State has the word ‘state’ in it because it is a public university, and yes, it is objectively insane that the state of Florida allowed that to happen.”

As the Tampa Bay Times reported in 2011, a foundation funded by Koch gave $1.5 million to the school’s economics department in 2008, in exchange for Koch having the power to select members of an “advisory committee” that screens prospective new hires. A year later, Koch reportedly rejected 60 percent of job candidates suggested by FSU faculty.

Watch Maddow’s commentary, as aired on Monday, below.


I think I now understand the timing behind JaneS’s Facebook comment about Florida State University.

However, my recent rants actually have been inspired by the same story that Maddow discovered. On August 21, 2013, I had the post How Billionaire ‘Philanthropy’ Is Fueling Inequality and Helping To Destroy the Country.


A Solar Boom So Successful, It’s Been Halted

Scientific American has the story A Solar Boom So Successful, It’s Been Halted.

Photovoltaics proved so successful in Hawaii that the local utility, HECO, has instituted policies to block further expansion
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Hawaiian Electric Co., or HECO, in September told solar contractors on Oahu that the island’s solar boom is creating problems. On many circuits, the utility said, there’s so much solar energy that it poses a threat to the system and a safety issue. Studies are needed on whether grid upgrades are necessary. If they are, residents adding solar must foot the bill. And starting immediately, contractors and residents would need permission to connect most small rooftop systems to the grid.

Are we engineers at fault here?  Things that are great ideas in small quantities become problems when everybody (or even a significant fraction or people) do it.  Aren’t engineers supposed to thing about those things in advance?  Or maybe the solar installers thought, “All we need is electricians.  We don’t need no stinkin engineers.”  Although, even an electrician regularly makes capacity calculations on household circuits.  Doing so for the power grid shouldn’t have been outside their capabilities.

When you install a backup generator in your house, you also install a switch to disconnect you from the grid when the generator kicks in.  This prevents you from putting power onto the electrical grid when the utility workers think the power is out and the wires are dead.  In the case of the solar panels, they are meant to put energy onto the grid when the grid already has power on it.  So how, would they detect the situation that the grid has gone dead and they ought not put power on it?  All the solar panels connected to the grid would have to recognize the power outage simultaneously, or the presence of power from one solar installation would fool the other installations into thinking the grid had power.

In the Army, I worked on a similar issue with periscope “windshield” wipers on a tank.  There were two or three separate wiper motors.  When you turn the switch off, there is a park circuit and switch for each motor that feeds power to the motor until the wiper is sitting in the park position.  When all three motors did not park simultaneously, one unparked motor would feed power to the other motor that was already parked, and unpark it.  You can see that it would be very unlikely that you could ever turn the wipers off once you had turned them on.


Women’s rights sold out again: McAuliffe’s betrayal

Salon has the article Women’s rights sold out again: McAuliffe’s betrayal.

After Terry McAuliffe won Virginia’s governor race by touting his women’s agenda, a key early move is drawing fire
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McAuliffe will reportedly reappoint current Gov. Robert McDonnell’s health secretary Dr. William Hazel Jr. as his own. And in so doing, McAuliffe, a Democrat who ran explicitly on his support for reproductive rights, has betrayed the very pro-choice voters who helped elect him.

Hazel, an orthopedic surgeon, is no friend to women’s rights. He was criticized for his handling of the adoption of a law that mandates an ultrasound be performed on a pregnant person seeking an abortion, regardless of medical necessity, and forces the patient to pay for it. As the Richmond Times-Dispatch has reportedhe oversaw the health and human resources department at a time when draconian new abortion clinic regulations were promulgated. Hazel also spoke at Liberty University in opposition to the Affordable Care Act, an ultra-conservative university whose own code of conduct includes a $500 fine and 30 hours of disciplinary community service for students who have an abortion.

Makes you wonder if it is even worth voting for a Democratic male candidate.  Maybe it is not too late for the netroots to rise up in protest.

I like the wording above about rules for a “pregnant person”.  That’s gender neutrality.  It can be applied equally to men who are pregnant.


Intel: Going After Low-End PCs Could Compound Concerns

Seeking Alpha on November 25, 2013 had the story Intel: Going After Low-End PCs Could Compound Concerns.

Intel’s (INTC) most recent investor meeting was going well until 2014 financials were forecast, and much of the bullish sentiment that had been building throughout the event turned bearish.

You may or may not be interested in this topic.  However, I have been “contributing” stories in the comments section of the article about my experience in the industry and how some of that history may be replaying itself.  The conversation has been getting interesting lately, so I want to record the link to this story on my blog.  After all, that is the real reason why I write this blog, to record information I want to remember.