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Quote of the day

But rather than taking advantage of this opportunity to craft an economic alliance that would maximize leverage over China, the Trump administration has gone in the opposite direction. It has levied high tariffs on its own allies, many of which were also pressured into committing to huge investments in the United States. Washington tightened the screws on its allies rather than on Beijing, sapping the United States of economic leverage and forcing it to confront China alone. ~Ben Vagle and Stephen Brooks  

Cybertruck is the new Edsel

I’ve never paid much attention to cars, but the Ford Edsel was already a punchline when I was a kid. I don’t know if I ever saw one, but any reference to it seemed to be accompanied by a smirk. “The Edsel is one of the greatest and most infamous flops in automotive history, but it's in trouble. It's perilously close to being dethroned by a newcomer: the Tesla Cybertruck. Despite the fact that their debuts are separated by over 65 years, they bear some striking similarities. Both were predicted to sell over 200,000 units in their first year on the market, both have — uh — unusual design languages, both have suffered sales drops every year they've been on sale and both have become the punchlines of their respective eras.” The first time I saw a cybertruck was when we were on vacation in Yellowstone. Someone had parked it outside the restaurant we were dining in. The kitchen and waitstaff were gawking from the window at the front of the restaurant. I’ve always thought the cybe...

The mile and me

When I ran track for Oak Ridge High School in the spring of 1973., my best mile time was 4:54. The following summer, I was living on frat row and taking summer classes at UT-Knoxpatch. By the end of that summer, I got my time down to 4:28. My daughter can testify that when she was in high school, I beat her in a mile run. Soon after, I abandoned running for biking. I’m certain I couldn’t run a mile at any speed now. The record time for the mile was broken last weekend: “ If you represent your school, or your club in athletics, then perhaps you could be following in Josh Kerr's very speedy footsteps one day. “The Scottish athlete broke a 27-year-old world record at a Diamond League event at the London Stadium on Saturday.   “He ran one mile (1.6 kilometres) in a lightning-quick three minutes 42.66 seconds, breaking the previous record by half a second.” Ah, to be young again! https://www.bbc.co.uk/newsround/articles/clyvg2q1np6o  

Israel’s proxy war

During the Cold War, the US and Soviet Union supported proxy wars in which their client states did the dirty work. Of course, the USSR is no more, but proxy wars continue. While the current war in Iran began with joint strikes by the US and Israel, Israel now acknowledges that the US is its client. “ Israel’s   far-right finance minister, Bezalel Smotrich, has described the renewed   US   war on   Iran   as the ideal outcome for Israel, provided Israelis do not have to fight it themselves.   "Israel has no interest in joining the campaign - the current situation is the best for us," Smotrich said on Tuesday in comments carried by   Kan news .” *snip* “ Israel and the US started the war with coordinated attacks on Iran on 28 February, after Israel lobbied Washington into the conflict, prompting Tehran to retaliate against US military assets across the region. “ The war was renewed earlier this month with the US striking Iranian targets and Iran hitting ...

Trump’s silly post on Canadian wildfires

“We are holding Canada responsible for the fact that they are not properly maintaining their Forests, and Brush therein, and the United States is being unnecessarily invaded by filthy, polluted, and unhealthy air, the quality of which is dangerous, and totally unacceptable!” Trump wrote on his social media platform, saying he would call Canadian Prime Minister Mark Carney about the issue.” For decades, Canada was unnecessarily invaded by carbon dioxide from US cars and electric power generation, the quality of which is dangerous and totally unacceptable. That invasion is far more egregious and consequential than forest fire smoke in Canada. https://www.huffpost.com/entry/bernie-moreno-sanction-canadian-officials-wildfires-climate-change_n_6a5a7953e4b0dbc765870247?origin=home-latest-news-unit

Wealth taxes in America

I’ve been reading and thinking about the idea of wealth taxes. In principle, it’s an idea I could support. Too much wealth is controlled by too few in America today.   The chief argument I see made against wealth taxes is that they’re impractical. In a literal sense, this is easily falsified. We already have some targeted wealth taxes. Most of us pay them. The most obvious wealth tax is real estate taxes. Homeowners pay them every year, and much of the money is used to fund local schools. The problem with real estate taxes is that they are highly regressive. For homeowners, property taxes are based on an assessment of the home’s value. But if you have a mortgage, you pay the full tax even though your equity in the house is less than the full value. And renters pay property taxes—your landlord passes their taxes on to you in your rent, even though you gain no equity through rent payments. You may also pay personal property taxes on, e.g., your car, which is also a wealth tax, since ...

A time of reckoning

I recently read a history and a biography that are both centered on the American Revolution. It reminded me that for the founding fathers, the ineluctable reality was that they were risking their lives for their beliefs.   Josh Marshall has a piece up at TPM about Trump’s effort to extort control over the 2026 elections, notwithstanding that the Constitution explicitly gives control of elections to state. He argues that state officials may face existential pressure from Trump to cede that control to him. “It is incumbent on those state officials not simply to “resist” but to refuse, to lean into the full power of their state sovereignty under the federal constitution. States have just as much authority to defend the integrity of the federal constitution and obedience to it as the White House or, for that matter, the Supreme Court. Not every question of what the U.S. Constitution means is up for genuine debate. This one, for example, is not. States are not only entitled to insist on...