The Weekly Sift

One thing I appreciate about the Biden administration is that the rate of news has slowed a little. That gives me time to think about longer-term issues once in a while rather than constantly react to the most recent threat to democracy.

This week I take advantage of that freedom to reflect on Bitcoin, which crashed 30% against the dollar on Wednesday. I can’t guess what the market will do day-to-day or even month-to-month, but long-term, I’m bearish on Bitcoin. In order to catch on as a currency for everyday use, it’s going to need a aura of coolness; using it should impress your friends. But the environmental disaster of Bitcoin mining is anything but cool. I’ll develop that point — and make some rude observations about the paradoxes of money in general — the in the featured post “The Problem with Bitcoin”. That should be out shortly.

The weekly summary does have stuff to cover: Congress’ looming failure to authorize a bipartisan commission to investigate the Trump Insurrection, the Israel/Palestine ceasefire, the usual run of Republican scandals, and a few other articles that are taking advantage of breathing space in the news to reflect on the possibility of global population decline, or the reasons life expectancy doubled in the 20th century.

Let’s predict that to come out around noon EST.

This week’s big story was President Biden’s don’t-call-it-State-of-the-Union address to a joint session of Congress. No particular announcement in the speech was surprising, but his proposals for $4 trillion in new spending seemed to bookend Bill Clinton’s 1996 statement that “The era of big government is over.” Republicans were unable to mount a coherent critique, and there was no sign of the grass-roots uprising that Obama’s much smaller spending program had inspired in 2009.

My interpretation of this is that “The Reagan Era is Finally Over”. Ronald Reagan laid out a set of themes that dominated Republican politics (and even intimidated Democratic politicians) until 2016. But Trump laid waste to any principled Republican thinking, and replaced it with a cult of personality. The result is that when Biden proposes a liberal policy agenda, Republicans really have no basis for arguing against it.

Trump could do that because by 2015 supply-side economic orthodoxy had already reached the stage of Soviet Communism in the Brezhnev Era: Even the people repeating its slogans didn’t really believe in them any more. As president, Trump cut rich people’s taxes because he was rich and he wanted to pay less tax. McConnell and the rest of the Republicans got in line because their donors were rich and wanted to pay less tax. They might mouth platitudes about growth and an economic boom that would create jobs and wipe out the lost revenue, but everybody knew what the game was.

So when Biden announced Wednesday “Trickle-down economics has never worked”, there was no answering chorus of “Yes it has. Yes it does.” Of course it doesn’t. We all knew that.

Anyway, that post requires a history lesson that I’m still writing, so it probably won’t post until around 11 EST.

The weekly summary discusses some other issues in Biden’s speech and Tim Scott’s response, including what I see as a senseless debate over whether the US is a “racist country”, whatever that means. There’s also the FBI raid on Rudy Giuliani’s home and office, and what it might mean for Rudy’s legal jeopardy, and Trump’s. It was a good news/bad news week for the fight against Covid: Daily case numbers keep improving in the US, but getting worse worldwide. And we’re getting close to having vaccinated all the people who were eager to be vaccinated, but we’re still not at a herd immunity level. Florida continues to make a mockery of GOP rhetoric about “liberty”. This week they’re trying to dictate the policies of private companies like Facebook and Google. And we’ll close with a winged Cupid breaking out of a Rubens painting in the Brussels airport.

Let’s say that gets out between noon and 1.

Last week I couldn’t come up with a featured post, so this week there are three.

The first one discusses President Biden’s decision to pull our combat troops out of Afghanistan by September 11. Unlike any announcements by previous presidents, this isn’t a goal that assumes we’ll produce some good outcome by then, and that will be reversed when we don’t. We’re just leaving.

The thing I like best about this announcement is that it has finally provoked the kind of honest discussion we should have had many years ago: Our troops are not fixing Afghanistan, so there is no point in the future when they will be done fixing it. The choices are (1) stay forever, and (2) pull out and let the Taliban take over. There are arguments for and against each path, but those are the choices. I’ll discuss that in “Finally, some honesty about Afghanistan”, which should be out shortly.

The second featured post discusses what I call “the most predictable headline of the week”: Republicans haven’t been able to unite behind an alternative to Biden’s infrastructure plan. The GOP doesn’t have a healthcare plan, a climate-change plan, or a plan to address any other real American problem. Why would anyone expect them to have an infrastructure plan? That post “The GOP: Still not a governing party” should be out around 10 EST.

The third post was supposed to be a note in the weekly summary, but there was too much to cover. When you’re a political party with no solutions to real problems, but you have power, you have to talk about something. So Republican state governments are passing anti-trans laws to address problems that aren’t problems, like confused youth being talked into gender transition by the media and predatory doctors, or cis girls being chased out of girls sports programs by boys claiming to be girls. I don’t have a title for that yet, but I’ll try to get it out by 11.

Finally, the weekly summary has new shootings to discuss, both mass shootings and police shootings. The Chauvin trail is heading into closing statements. Apparently there really was collusion between Russia and the Trump campaign. Marjorie Taylor Greene briefly tried to assemble a American First Caucus in the House to protect our “uniquely Anglo-Saxon political traditions”. And a few other things happened. I’ll try to get that out by noon.

It’s hard to know where to start this week. President Biden began the push for an infrastructure package. It’s over $2 trillion and fits the FDR mold that progressives want the Biden presidency to fill out. To reprise Biden’s own characterization of ObamaCare, it’s a BFD.

But there’s also the Chauvin trial. It’s hard to escape the view that it’s really America and American justice that are on trial. We’ve had a week of moving testimony that communicated just how disturbing it still is, nearly a year later, to have witnessed a murder and not have been able to do anything about it, because the police are the murderers.

And then there’s Matt Gaetz. I think the world will little note nor long remember him after his political career goes down the tubes, but it’s hard to look away.

And the debate over the Georgia vote-suppression law heated up, as big corporations and institutions like Major League Baseball got involved.

And we’re still in a pandemic. The new-case numbers have turned upward, even as vaccinations set new records. Wisely or unwisely, the economy continues to open up; nearly a million new jobs were added in March.

After some internal debate, I decided I have the most to offer on the voting-rights/vote-suppression story, which has been plagued by misinformation and bogus arguments from both sides. (I am definitely opposed to the Georgia law, but I want to oppose it for the right reasons.) So that’s the featured post, which I’m guessing will be out between 10 and 11 EST. Everything else goes into the weekly summary, which includes a way-too-long Matt Gaetz note that I refuse to promote to a featured post. Let’s say that goes out between noon and 1.

Last week’s “Is an Intelligent Discussion of Cancel Culture Possible?” led to a discussion in the comments that (I have to admit) was quite intelligent. I learned a lot. I’m tempted to write a post this week summarizing the best points, but that would be three weeks in a row with cancel-culture posts. I’m starting to worry that I have taken the conservative bait and gotten distracted from more important issues. So I’ll get back to it, but not this week.

Something else that caught my eye this week was the attempt to stigmatize critical race theory, and more-or-less any telling of American history that isn’t totally rah-rah. An important piece of the stigmatization process is abstraction, so I thought I would bring the discussion down to specifics. This week’s featured post is “Race in US History: 4 Facts Every American Should Know”. It should be out around 10 EDT.

In the weekly summary, the Atlanta murders raised the issues of anti-Asian racism and misogyny. (It hasn’t — but should have — raised discussion of how repressive religious doctrines turn ordinary lust into dysfunctions like “sex addiction”.) Reports came out that underlined just how blatantly Trump administration people lied to us about Russian and Chinese interference in the 2020 election, about voter fraud, and about the Capitol insurrection. The Covid new-case rate has flattened out again, and is shooting upwards in a few places like Michigan — even as vaccination continues apace. I couldn’t resist commenting on the week’s two biggest cancel-culture stories: Nathan Bedford Forrest’s bust and sacking the Teen Vogue editor. And an Icelandic volcano went off for the first time in 6,000 years (which I think is before God is supposed to have created the world).

A fun virus story — hard to believe I just wrote that phrase — is a collection of vaccine-related parodies of “My Shot” from the Hamilton musical. There’s some other stuff to throw in, and I still need a closing, but you get the idea. That should be out noonish.