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You are here: Home / Economics / C.R.E.A.M. / I Love the Smell of Economic Populism in the Morning

I Love the Smell of Economic Populism in the Morning

by John Cole|  November 9, 201711:45 am| 139 Comments

This post is in: C.R.E.A.M.

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I can’t tell if these guys are tone deaf, believe their own bullshit, or just don’t give a fuck because the looting is on. Probably a combination of all three:

GARY COHN: The most excited group out there are big CEOs, about our tax plan.

Ya think?

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139Comments

  1. 1.

    MattF

    November 9, 2017 at 11:49 am

    There’s so much stupidity in that one sentence.

  2. 2.

    JPL

    November 9, 2017 at 11:50 am

    Lindsay Graham is afraid that their donations will stop, if they don’t pass tax cuts for the wealthy class. They don’t even try to hide it anymore.

  3. 3.

    Baud

    November 9, 2017 at 11:52 am

    Why would they hide it? They ran on big tax cuts for the wealthy last year and they won. Voters did not care.

  4. 4.

    Jim, Foolish Literalist

    November 9, 2017 at 11:55 am

    Cohn is writing ads for the Dems, and I hope some smart-ass outlet has video of Lindsey begging for money. Make it viral, make the media attention he craves awkward for him.

    And in other news…

    Danielle Paquette‏Verified account @ DPAQreport 3h3 hours ago
    -The Carrier plant Trump pledged to save just announced another 215 layoffs.
    -Workers got heads up in July:

  5. 5.

    Major Major Major Major

    November 9, 2017 at 11:56 am

    @Baud: might be more accurate to say the voters were willing to overlook it. After all, no tax reform plan like this has ever hit the floor before. Why expect them to start now? The Bush tax cuts put money in their pockets. They probably expected more of the same.

    If the voters (not all of them, just enough of them) don’t care enough to change the congress in 2018, then we can say they don’t care.

    It’s instructive to parallel this to Obamacare repeal. They ran on it, sure, but once it got real enough people said oh HELL no! that it failed.

  6. 6.

    Area Man

    November 9, 2017 at 11:56 am

    I sit on the board of directors of a small charitable foundation. Our stockbroker told us that corporate budgets have already been set for 2018 with “the tax cuts baked into them,” as he put it.

    It’s the one certainty that Wall Street is counting on — everything else may go to hell, but Congress will get those tax cuts passed.

    He also said there are two things that could crash the markets (a “correction,” as it’s pleasantly called):
    1. War
    2. Congressional failure to pass the tax cuts

  7. 7.

    Dorothy A. Winsor (formerly Iowa Old Lady)

    November 9, 2017 at 11:56 am

    I’m sure the CEOs are excited because they want to use their tax cut to give all their employees a $4000 raise.

  8. 8.

    Baud

    November 9, 2017 at 11:59 am

    @Major Major Major Major: Sure, but the GOP ran on repeal and replace with something better (without explaining what that was). When they couldn’t produce better, people got worried about their own health care. Will people get upset with this tax plan? Probably, but only because the GOP plan raises their taxes. Not because it cuts taxes on the rich.

    At a minimum, it’s hard to fault the GOP for promoting what they’ve always openly promoted.

  9. 9.

    dmsilev

    November 9, 2017 at 11:59 am

    @JPL:

    Rep. Chris Collins and other Republican lawmakers portray their tax reform plan as a win-win for taxpayers and the economy, but the Clarence congressman Tuesday acknowledged another, swampier reason for him to back a rewrite of the tax code.

    “My donors are basically saying, ‘Get it done or don’t ever call me again,’ ” Collins said.

    (from here)

  10. 10.

    TenguPhule

    November 9, 2017 at 12:02 pm

    @MattF:

    There’s so much stupidity in that one sentence.

    Trump: Hold my well done steak with ketchup.

  11. 11.

    Major Major Major Major

    November 9, 2017 at 12:03 pm

    @Baud: right, republicans ran on tax cuts for the rich!, but also you and you and you! What they’ve come up with is tax increases on a lot of folks who work for a living to cover a huge slash to the corporate tax rate and perpetuate dragons hoarding gold over generations. Just like they ran on Obamacare repeal and replace with something better to be specified later.

    ETA yeah I’m not putting the congresscritters at fault here, anybody with two brain cells to rub together could see something like this coming. Then again, almost half of the population has double digit IQ’s.

  12. 12.

    TenguPhule

    November 9, 2017 at 12:03 pm

    @Baud:

    They ran on big tax cuts for the wealthy punishing Hillary Clinton last year and they won because the Russians helped them.

    Corrected for accuracy.

    And even after all of that, they lost by 3 million votes.

  13. 13.

    oatler.

    November 9, 2017 at 12:05 pm

    In an unrelated story, Bloomberg’s London HQ now has a Roman temple to Mithras.

  14. 14.

    Baud

    November 9, 2017 at 12:06 pm

    @TenguPhule: The first edit is wrong because the two aren’t mutually exclusive. The second edit is irrelevant because they won, even if they cheated.

    I’m not saying don’t fight this tax plan tooth and nail. I’m saying that being shocked they they want to cut taxes on the rich is kind of silly.

  15. 15.

    TenguPhule

    November 9, 2017 at 12:06 pm

    @Major Major Major Major:

    They ran on it, sure, but once it got real enough people said oh HELL no! that it failed.

    Er, it was bit closer then that as I recall.

    We had to rely on grandstanding John McCain stealing the spotlight from female GOP Senators who may have actually demonstrated actual principles for once. Or just had deep seated grudges against their leadership.

  16. 16.

    Yarrow

    November 9, 2017 at 12:06 pm

    I saw that on CNN. Even the CNN anchors seemed shocked by his statement. It’s so blatant.

    So…that being said, is everyone calling their Congressional representatives to tell them this tax plan is terrible? I did it last week and it was great fun. The interns had no comebacks for my specific points. Told them doing away with the adoption tax credit would hurt a friend of mine, the medical deductions disappearing would hurt my family, the capping of the mortgage deduction was another issue, etc., etc. Find your issue and call up your reps and let them know what you think!

  17. 17.

    TenguPhule

    November 9, 2017 at 12:08 pm

    @Baud:

    The second edit is irrelevant because they won, even if they cheated.

    Baud 2020: It’s considered winning even if we cheated to get here!

  18. 18.

    The Moar You Know

    November 9, 2017 at 12:08 pm

    “My donors are basically saying, ‘Get it done or don’t ever call me again,’ ” Collins said.

    @dmsilev: Hence the push to pass legislation that is polling in the mid-20s.

    They will pass with a 100% lockstep vote, deficit be damned. They all have gotten the same warning, they’re all owned by the same people.

  19. 19.

    TenguPhule

    November 9, 2017 at 12:09 pm

    @The Moar You Know:

    They will pass with a 100% lockstep vote, deficit be damned. They all have gotten the same warning, they’re all owned by the same people.

    I have a very cunning plan.

    We’ll need 50 fresh horse’s heads and a delivery service.

  20. 20.

    Baud

    November 9, 2017 at 12:10 pm

    @TenguPhule: By hook or by crook…or by Rusk(ie).

  21. 21.

    TenguPhule

    November 9, 2017 at 12:11 pm

    @Dorothy A. Winsor (formerly Iowa Old Lady): Have you ordered your spiked tipped Pike yet?

  22. 22.

    randy khan

    November 9, 2017 at 12:12 pm

    Well, one more Republican Congressman has seen the writing on the wall: Bob Goodlatte, the Chairman of the House Judiciary Committee, is retiring.

  23. 23.

    Eric NNY

    November 9, 2017 at 12:13 pm

    @oatler.: I read today that Gates, Bezos and Buffett are worth more that the poorest half of the country. 3 vs. 160,000,000.

  24. 24.

    Baud

    November 9, 2017 at 12:13 pm

    Why is Booman now shitting on our victory on Tuesday? Jeez. Can people wait a week?

  25. 25.

    schrodingers_cat

    November 9, 2017 at 12:17 pm

    @Baud: What is his problem?

  26. 26.

    Dorothy A. Winsor (formerly Iowa Old Lady)

    November 9, 2017 at 12:19 pm

    @TenguPhule: I already have a colander.

  27. 27.

    Archon

    November 9, 2017 at 12:20 pm

    The elites in this country have absolutely no respect or fear for the “plebs” in this country. You can have a healthy polity without one from the oligarchs, but without either?

  28. 28.

    Baud

    November 9, 2017 at 12:20 pm

    @schrodingers_cat:

    Read for yourself. Maybe he even makes good points, but why be negative so soon? (I didn’t read it carefully because I am continuing to savor our win.)

    http://www.boomantribune.com/story/2017/11/9/104328/224

  29. 29.

    Baud

    November 9, 2017 at 12:21 pm

    @Dorothy A. Winsor (formerly Iowa Old Lady): As does every devout pastafarian.

  30. 30.

    Scott

    November 9, 2017 at 12:21 pm

    None of this is surprising. Trump is a fraud. He always has been and always will be. Read some more:

  31. 31.

    Major Major Major Major

    November 9, 2017 at 12:23 pm

    @TenguPhule: I fail to see how complete, humiliating failure is ‘a little closer’ than a slightly different kind of complete, humiliating failure. Collins and murkowski opposed it because their constituents would suffer and probably punish them or their party in their state. McCain might have done it partly to stab at Mitch from hell’s heart, but he was also taking a bullet for other more cowardly senators who were hoping it would fail because voters.

  32. 32.

    Major Major Major Major

    November 9, 2017 at 12:24 pm

    @The Moar You Know:

    They will pass with a 100% lockstep vote

    No way in hell they get 241 in the House and all 52 senators.

  33. 33.

    Kay

    November 9, 2017 at 12:26 pm

    I hate people who say “we need more X taught in schools” but we need more labor history taught in schools. Those were some tough people! They didn’t kid themselves that this was some kind of collaborative effort – they knew none of these people gave a rat’s ass whether they lived or died.

    That clarity was important. It’s not nice! You don’t have to feel good about it! But it is true.

  34. 34.

    O. Felix Culpa

    November 9, 2017 at 12:27 pm

    @Dorothy A. Winsor (formerly Iowa Old Lady):

    I’m sure the CEOs are excited because they want to use their tax cut to give all their employees a $4000 raise.

    Divided amongst all their employees.

  35. 35.

    Matt McIrvin

    November 9, 2017 at 12:28 pm

    @Baud: Because this wasn’t a victory for his favored faction of the party?

  36. 36.

    Ian G.

    November 9, 2017 at 12:29 pm

    It’s funny, as an upper middle class white dude, as much as I hate the GOP, I never actually expected them to fuck me over, but that’s exactly what’s going on here. Once again, I almost wish I lived in Peter King’s district, so I could carpet bomb his office with calls about this.

    Best case scenario, this travesty fails like ACA repeal did, but it still costs Collins, King, Zeldin, etc their jobs in 2018.

  37. 37.

    dmsilev

    November 9, 2017 at 12:30 pm

    @The Moar You Know: Actually, I doubt it will be 100% lockstep. Reps from suburban areas, especially in blue states like NY and CA, are already backpedalling. Darrell Issa, for instance, is currently a ‘no’. I’m sure his arm can be twisted or he can be bought, but doing that without losing the Freedom Caucus loons is not trivial. I think the odds are still in favor of the House passing something, but it isn’t a done deal.

  38. 38.

    Matt McIrvin

    November 9, 2017 at 12:31 pm

    @Baud: …And his points aren’t that good. He says Gillespie slightly outperformed Trump in a lot of districts that Clinton won anyway. But this was an odd-year election, the kind of election that is even more midterm than a midterm. Democrats have huge, chronic problems getting their constituencies to turn out for these things. That they swamped the polls in an election where Gillespie actually managed to raise R turnout is a huge change.

  39. 39.

    schrodingers_cat

    November 9, 2017 at 12:31 pm

    I need some book suggestions about American history. What are your recommendations for this new American.

  40. 40.

    Cacti

    November 9, 2017 at 12:33 pm

    @Matt McIrvin:

    Because this wasn’t a victory for his favored faction of the party?

    More or less.

    The winners weren’t Berniecrats and therefore must be derided.

    No Berniecrat has ever won anything, so nothing for them to celebrate.

  41. 41.

    Dorothy A. Winsor (formerly Iowa Old Lady)

    November 9, 2017 at 12:36 pm

    @schrodingers_cat: Howard Zinn’s A PEOPLE’S HISTORY OF THE UNITED STATES

  42. 42.

    O. Felix Culpa

    November 9, 2017 at 12:37 pm

    @schrodingers_cat: For Civil War history, Ta-Nehisi Coates recommends the following:

    Battle Cry of Freedom, James McPherson (I just started this one)
    Grant, Ron Chernow
    Reading the Man: A Portrait of Robert E. Lee, Elizabeth Pryor
    Out of the House of Bondage, Thavolia Glymph
    The Life and Times of Frederick Douglass, final of Douglass’ three autobiographies

  43. 43.

    GregB

    November 9, 2017 at 12:38 pm

    @schrodingers_cat:

    Eric Foner is a good historian, Any of his books.

    Howard Zinn’s People’s History of the United States.

  44. 44.

    FlipYrWhig

    November 9, 2017 at 12:40 pm

    @Matt McIrvin: Booman is one of these YOU GUYS BUT WHAT ABOUT THE POPULISM characters. I’m not sure how perceptive he’s ever been.

  45. 45.

    TenguPhule

    November 9, 2017 at 12:41 pm

    @Major Major Major Major: Three votes. We came within three votes of Civil Disorder and Violence. That was way too close for comfort.

    Yes, it died, that time. But that ramshackle abomination should never have come so close to passage in the first place.

    And we’re going to have to do the same thing next year.

    I’m glad that so far the GOP have failed to pass these shitburgers. But I don’t find it at all helpful to try and claim they were these big wins or that they were easier to achieve then they actually were. Raising morale is one thing, overconfidence is something else.

    We’re still trying to hold the line. And our margin for error is very small.

  46. 46.

    MattF

    November 9, 2017 at 12:41 pm

    @schrodingers_cat: Grant’s memoirs. Sherman’s memoirs are good too-the two volumes used to be standard items on the bookshelves of every Yankee, both in the Library of America series.

  47. 47.

    Major Major Major Major

    November 9, 2017 at 12:42 pm

    @TenguPhule: close only counts, as they say, in horseshoes and hand grenades.

    See also: one year ago yesterday

  48. 48.

    Another Scott

    November 9, 2017 at 12:42 pm

    @O. Felix Culpa: Over 10 years.

    And in the meantime, they’re moving most of jobs to Yemen because of the freedom and lack of regulations.

    And keeping the profits in Jersey.

    (sigh)

    Cheers,
    Scott.
    (Who thinks that the GOP will find a way to not pass most of this as well. Tuesday spooked them.)

  49. 49.

    bemused

    November 9, 2017 at 12:45 pm

    I can help but compare CEO’s drooling with excitement for mega tax cuts with the village idiots in Johnstown, PA, Politico article. The idiots are incensed that kneeling for equality NFL players are making millions of dollars a year and just want it handed to them. Yet the filthy rich want the idiots to hand over what little money they have. If they don’t even know that Trump plays more golf than Obama, I would bet they don’t know anything about the tax bill and the deluge of money from the 99% of us gushing to the top. They don’t deserve a pass for ignorance when they now admit they didn’t ever really think Trump would deliver coal jobs, the wall, etc. They’ll still vote for him though. The stupidity, racism and whining is sickening.

  50. 50.

    FlipYrWhig

    November 9, 2017 at 12:47 pm

    @Baud: He seems to be getting played by a phenomenon the election coverage was pointing out: the areas that turned out high percentages for Trump still turned out high percentages for Gillespie, but AMONG FEWER PEOPLE. I have a hard time understanding the way that “the left” continually thinks that winning MORE VOTES WHERE THE PEOPLE ARE is a weakness. I can only chalk it up to that old saw “it works in practice, but does it work in theory?” They’re so committed to the theory that The People should be voting for Democrats that they’re chronically disappointed to find that The People are dicks and Republicans (but I repeat myself).

  51. 51.

    Major Major Major Major

    November 9, 2017 at 12:47 pm

    @Another Scott:

    Cheers,
    Scott.
    (Who thinks that the GOP will find a way to not pass most of this as well. Tuesday spooked them.)

    There’s also the matter of their monumental incompetence at legislating.

  52. 52.

    schrodingers_cat

    November 9, 2017 at 12:49 pm

    @Dorothy A. Winsor (formerly Iowa Old Lady): @MattF: @GregB: @O. Felix Culpa: Thanks for the recommendations. I think I may have read Zinn’s book. I am thinking of starting from the beginning. I am looking for a series like the Cambridge History of India, written by actual historians studying those topics. Its okay if they are text booky and not entertaining.

  53. 53.

    JMG

    November 9, 2017 at 12:53 pm

    @Area Man: I love the word “correction” because it implies that the money you had yesterday was some horrible mistake and you’re better off without it.

  54. 54.

    bemused

    November 9, 2017 at 12:54 pm

    @Kay:

    I agree on union history. A few years ago, a fairly new MN Dem Rep in my district introduced a bill that union history be required in public schools. The outrage from union haters killed that idea. I live on the Iron Range which has an extensive, fascinating history of the struggle to unionize the iron ore mines. Union haters don’t want the kids to know any of that.

  55. 55.

    Spanky

    November 9, 2017 at 12:55 pm

    @schrodingers_cat: A People’s History of the United States

    ETA: I see I’m not first. Don’t forget to click the Amazon button over there on the right!

  56. 56.

    Enhanced Voting Techniques

    November 9, 2017 at 12:57 pm

    @Area Man: That’s really stunning these companies would be that stupid considering the record of failures this Congress has and no one has a clear idea what the cuts will be. Then again, we’re talking about Corporate CEOs, so not the best or the brightest, see Donald Trump.

  57. 57.

    Mike J

    November 9, 2017 at 12:57 pm

    Seth Hanlon‏ @SethHanlon 15 hours ago

    The Democratic amendment would have restored the Adoption Tax Credit, and offset the cost by making the corporate tax rate 20.04% instead of 20.00%.

    Republicans voted in lockstep to kill it.

  58. 58.

    les

    November 9, 2017 at 12:57 pm

    @Eric NNY:

    I read today that Gates, Bezos and Buffett are worth more that the poorest half of the country. 3 vs. 160,000,000.

    6 of Sam Walton’s grandkids are worth more than 30% of the country. Abolish the Death Tax!!!!

  59. 59.

    Another Scott

    November 9, 2017 at 12:58 pm

    @schrodingers_cat: It’s a huge topic. :-) Lots of people recommend Zinn, but he’s got his critics.

    Personally, I’d start somewhere on-line and see what strikes your fancy. Maybe American History at the Smithsonian.

    The NMAAHC is amazing, also too.

    Cheers,
    Scott.

  60. 60.

    germy

    November 9, 2017 at 12:59 pm

    In a call Tuesday with twelve Senate Democrats his administration is hoping to sway on tax reform, President Donald trump said he would personally “get killed” financially in the GOP bill if it didn’t include a repeal of the estate tax, according to multiple people who were present.

    “My accountant called me and said ‘you’re going to get killed in this bill,’” the president said during a phone call from his trip in South Korea.

    LGM

  61. 61.

    Mike J

    November 9, 2017 at 12:59 pm

    Leigh Corfman says she was 14 years old when an older man approached her outside a courtroom in Etowah County, Ala. She was sitting on a wooden bench with her mother, they both recall, when the man introduced himself as Roy Moore.

  62. 62.

    GregB

    November 9, 2017 at 1:00 pm

    Saudi Arabia orders their citizens out of Lebanon…..

    War is coming.

  63. 63.

    sibusisodan

    November 9, 2017 at 1:00 pm

    @schrodingers_cat: I’m about halfway through the Oxford History of the United States, which is an excellent series: readable, with lots of source notes and bibliography.

    Battle Cry of Freedom, mentioned above, is part of it.

    https://en.m.wikipedia.org/wiki/Oxford_History_of_the_United_States

  64. 64.

    dmsilev

    November 9, 2017 at 1:01 pm

    @schrodingers_cat: What era?
    For the Civil War (including the run-up to the war), I’d recommend MacPherson’s ‘Battle Cry of Freedom’.

  65. 65.

    Major Major Major Major

    November 9, 2017 at 1:02 pm

    @Mike J: Nice

    Amendments? Are we doing a votearama right now or something?

  66. 66.

    LAO

    November 9, 2017 at 1:03 pm

    Post article on Roy Moore. Pretty skeevy.

  67. 67.

    Yarrow

    November 9, 2017 at 1:04 pm

    @Mike J: Party of life!

  68. 68.

    Mike in DC

    November 9, 2017 at 1:04 pm

    @Mike J:

    Yeah, that’s gonna leave a mark. I hope more resources flow Doug Jones’ way. Moore just refused to debate him. Maybe this was why?

  69. 69.

    Humboldtblue

    November 9, 2017 at 1:05 pm

    Oh for fuck’s sake. Sweet fucking Jesus beating a homeless man with a 2×4 taken from the ruins of his burned down home while Mary Magdelene spanks Saul of Tarsus until his ass shines red, can we please get these clueless motherfuckers who claim that those poor, poor, working class white people are just misunderstood, to read the latest from the proposed tax cut bill?

    From State Treasurer John Chiang’s office:

    SAN DIEGO –Two programs that have brought more than $2 billion of affordable housing assistance to California’s Republican congressional districts would be among the casualties of the proposed House GOP tax plan, according to detailed data released today by State Treasurer John Chiang.

    House Republicans, as part of the Tax Cut and Jobs Act, have proposed elimination of the Private Activity Bond Program, which effectively eliminates a second program—the 4% Low Income Housing Tax Credit. Together, the two programs produce two-thirds of all the affordable housing built in this state.

    Ending them would turn California’s housing crisis into a humanitarian and public health disaster and drive more low-income residents, veterans, seniors and the disabled into homelessness.

    I am about 1.5 steps from being homeless if the shit really hit the fan. One of the reasons is because housing and rental prices in the state have risen so dramatically and steeply we are creating homeless out of people working more than 40 hours per week, and I’m not talking folks who work fast food or retail. But the fucking GOP has got to get those tax cuts through!

  70. 70.

    Mike J

    November 9, 2017 at 1:05 pm

    @Major Major Major Major: That was in committee.

  71. 71.

    Adria McDowell

    November 9, 2017 at 1:06 pm

    @Mike J: Having once been a 14 year old girl, I totally believe Moore would do that.

  72. 72.

    TenguPhule

    November 9, 2017 at 1:06 pm

    @GregB: Iran is going to kick the Saudis to a bloody pulp.

  73. 73.

    Cacti

    November 9, 2017 at 1:11 pm

    @LAO:

    I didn’t think it was possible for Roy Moore to seem like a bigger creep.

  74. 74.

    Humboldtblue

    November 9, 2017 at 1:12 pm

    @Baud:

    It’s the one big nit I have to pick with him because no one champions the “Democrats need to really up their game in these rural white dominated districts if they hope to ever win again” like he does.

    He never addresses voter suppression, he never addresses gerrymandering and he never addresses the fact that about half the eligible electorate fails to vote. He nails the rural anixiety and does a great job providing the historical background but I’d rather we focus on the people who are registered to vote and get them to cast a ballot than I am catering to some backwoods fuckwit who thinks Trump will make the country great again through some magical elixir of dipshittery, assholeness and outright dumbassery.

    Push for an all-mail ballot process, Democrats will never lose again.

  75. 75.

    Kristine

    November 9, 2017 at 1:13 pm

    GARY COHN: The most excited group out there are big CEOs, about our tax plan.

    Those are the only people the GOP cares about: CEOs, m/billionaires. Everyone else is a sucker vote.

  76. 76.

    debit

    November 9, 2017 at 1:13 pm

    @Mike J: Holy shit.

  77. 77.

    LAO

    November 9, 2017 at 1:14 pm

    @Cacti: There is no bottom to these people — especially the fake Christians,

  78. 78.

    Eric NNY

    November 9, 2017 at 1:15 pm

    @les: I live in a poor rural Republican part of New York State. I can’t tell you the number of times I’ve had to explain to people that killing the death tax would have zero effect on their situations and only serve the upper crust to retain their fortunes. Math is hard sometimes apparently.

  79. 79.

    LAO

    November 9, 2017 at 1:15 pm

    @Mike J:

    Fair to say we owe Roy Moore an apology. He really needed the ten commandants in front of him EVERY DAY to stay clean.— Josh Marshall (@joshtpm) November 9, 2017

  80. 80.

    schrodingers_cat

    November 9, 2017 at 1:15 pm

    @dmsilev: I want to begin at the beginning, from the colonial days.

  81. 81.

    Marcopolo

    November 9, 2017 at 1:16 pm

    I am so tired of continually hearing R’s pushing the idea of “trickle down” economics. Nowadays I just subconsciously replace trickle with tinkle since in reality all of us are just getting pissed on.

    I would love to hear more people talking about the idea of “trickle up” economics where you give the tax cut/relief to people in the bottom 60%, don’t give any tax cuts to the wealthy and let the benefits of regular folks spending their extra $ boost demand, increase economic growth, and the rich can profit off of that as companies make more $ and the pie grows.

  82. 82.

    p.a.

    November 9, 2017 at 1:16 pm

    @sibusisodan: James Patterson is such a dedicated teacher he taught my seminar class after his wife’s death that a.m. (She had been ill; her passing was not unexpected.)

  83. 83.

    Yarrow

    November 9, 2017 at 1:16 pm

    @Mike J: @LAO: Ugh. That’s just disgusting. Those poor girls at the time (women now). The article is so telling of the culture as well.

    Debbie Wesson Gibson says that she was 17 in the spring of 1981 when Moore spoke to her Etowah High School civics class about serving as the assistant district attorney. She says that when he asked her out, she asked her mother what she would say if she wanted to date a 34-year-old man. Gibson says her mother asked her who the man was, and when Gibson said “Roy Moore,” her mother said, “I’d say you were the luckiest girl in the world.”

    Among locals in Gadsden, a town of about 47,000 back then, Moore “had this godlike, almost deity status — he was a hometown boy made good,” Gibson says, “West Point and so forth.”

    Another girl’s mother thought it was okay for her to date him because he was “husband material.”

  84. 84.

    Cacti

    November 9, 2017 at 1:17 pm

    @LAO:

    There is no bottom to these people — especially the fake Christians,

    Those who spend the most time telling others how to live are usually hiding some secret shame.

  85. 85.

    schrodingers_cat

    November 9, 2017 at 1:18 pm

    @Adria McDowell: Agreed. I have had creepy guys hit on me as a teen, probably true about practically every woman alive.

  86. 86.

    The Very Reverend Crimson Fire of Compassion

    November 9, 2017 at 1:19 pm

    Lies My Teacher Told Me–James Loewen. You’ll get both the truth about what happened from primary historic sources, contrasted with the Sunday School version of American History taught in U.S. schools.

  87. 87.

    MattF

    November 9, 2017 at 1:20 pm

    And, speaking of billionaires (or possibly wannabe billionaires), we have Wilbur Ross, who seems to have a little honesty problem

  88. 88.

    ruemara

    November 9, 2017 at 1:20 pm

    @Humboldtblue: *sigh* This is how blue states are unliveable. We have a major housing crisis now. This would tip us into devastation. Hate these people.

  89. 89.

    Eric NNY

    November 9, 2017 at 1:20 pm

    @Mike J: He’s got Jesus now so it’s alright.

  90. 90.

    p.a.

    November 9, 2017 at 1:21 pm

    @schrodingers_cat: Gordon Wood. C. Vann Woodward, The Strange Career of Jim Crow, Tom Watson, Agrarian Rebel (biography as tragedy)

  91. 91.

    lgerard

    November 9, 2017 at 1:21 pm

    @schrodingers_cat:

    I would recommend a book published in 1934 and I don’t think it has ever been of of print

    The Robber Barons Matthew Josephson

    i believe it is available from the Internet Archive as well

  92. 92.

    ruemara

    November 9, 2017 at 1:21 pm

    @Yarrow: Ugh. GROSS! WHAT THE FUCK!?

  93. 93.

    MattF

    November 9, 2017 at 1:22 pm

    @Mike J: Not. Surprising. There’s something about Roy Moore.

  94. 94.

    ? ?? Goku (aka The Hope of the Universe) ? ?

    November 9, 2017 at 1:22 pm

    @schrodingers_cat:
    Confederate Reckoning by Stephanie McCurry is good. It talks about the impact white women and slaves had on politics in the CSA during it’s short existence.

  95. 95.

    MattF

    November 9, 2017 at 1:23 pm

    @p.a.: The book on Tom Watson is a good one. I read it a long time ago.

  96. 96.

    NotMax

    November 9, 2017 at 1:25 pm

    Grand Theft Toto.

    @schrodingers_cat

    Additionally to the names mentioned above, works of by Richard Hofstader, C. Vann Woodward and also de Tocqueville’s Democracy in America.

    @schrodingers_cat

    Samuel Eliot Morrison’s “The Growth of the American Republic,” the standard undergraduate text for many, many years.

  97. 97.

    Cacti

    November 9, 2017 at 1:26 pm

    Wouldn’t be surprised if there’s also story involving Roy Moore and underage boy.

  98. 98.

    Woodrowfan

    November 9, 2017 at 1:28 pm

    as a professor of American history I have to say NO to Zinn. As much as I agree with him politically, he often distorts history to prove a point. And it’s really not necessary. Just a straight forward history will make the same points. His people’s history gets mentioned a lot among professional historians when discussing books where the author distorts history to make a point. https://www.theatlantic.com/national/archive/2012/07/lies-the-debunkers-told-me-how-bad-history-books-win-us-over/260251/

    James Loewen’s “Lies” does the same thing. Drives me nuts, especially as it’s not necessary. His book on Sunset towns though, is good.

    But I happily second sibusisodan’s suggestion about the Oxford History of the US series. It is WONDERFUL. @sibusisodan:

  99. 99.

    Enhanced Voting Techniques

    November 9, 2017 at 1:28 pm

    @schrodingers_cat: since everyone is talking Civil War, I really recommend Team of Rivals: The Political Genius of Abraham Lincoln by Doris Kearns Goodwin, because of it’s explanation on the formation and character of the Republican party.

  100. 100.

    The Moar You Know

    November 9, 2017 at 1:30 pm

    Iran is going to kick the Saudis to a bloody pulp.

    @TenguPhule: No, they won’t. It will be Iran’s battle-tested and very skilled army against the US Air Force and a few token Saudis armed with every piece of modern weaponry that we can fly over to them. It will be a horrific slaughter on both sides and probably the start of World War IV.

  101. 101.

    schrodingers_cat

    November 9, 2017 at 1:30 pm

    @Woodrowfan: I have read the Zinn book, I found it to be too polemical.

  102. 102.

    The Moar You Know

    November 9, 2017 at 1:31 pm

    @Mike J: I knew that fucker was into kids. Fuckin’ knew it.

  103. 103.

    TenguPhule

    November 9, 2017 at 1:31 pm

    @The Moar You Know:

    It will be Iran’s battle-tested and very skilled army against the US Air Force

    In Lebanon?

    Yeah. no.

  104. 104.

    Woodrowfan

    November 9, 2017 at 1:32 pm

    @schrodingers_cat: me too. It grabbed me at first, then I hit the section about the era in which I specialize and I started thinking “hey, wait, that’s not true!!”

  105. 105.

    rikyrah

    November 9, 2017 at 1:33 pm

    @dmsilev:

    I have brought this up and continue to do so.
    What they are asking for the GOP Reps in those high tax states is the equivalent to Career Suicide.
    Don’t stop at CA, NY. Add in PA, IL, MA. Go down the line for the top 10.
    There are at least FIFTY GOP Reps in these states.

    They don’t rep people who care about the Little Baby Jesus, or Abortion, or Guns.
    These people are hardcore IGMFY.
    They are Republicans because of TAXES.
    Their lifestyles are funded by those taxes. (Their neighborhoods, their schools).
    They have accountants. They KNOW what those tax deductions mean to them.
    They are going to go to THOSE people, and tell them that they need to lose THEIR deductions so that the Koch Brothers can get a tax cut.
    And, think that’s gonna sell with them?
    I can’t see it. They can’t hide this sociopathy. There is a DIRECT LINE from the increase in taxes to the GOP REP. Direct Cause/Effect.

  106. 106.

    schrodingers_cat

    November 9, 2017 at 1:33 pm

    @Woodrowfan: I am not a historian by training but a scientist and a born cynic.
    When I was growing up I would pepper our family* priest with elebenty questions, he was cool though, he always answered my questions and welcomed discussion.
    Most Hindu families have a priest, that performs religious functions, like weddings, funerals and other religious ceremonies. Our priest was a principal at one Mumbai’s older schools and used to do the priestly duties to carry on family traditions.

  107. 107.

    frosty

    November 9, 2017 at 1:34 pm

    @schrodingers_cat: Civil War: James McPherson “Battle Cry of Freedom”. One volume, readable, and the parallels between the 1850s and now are interesting.

  108. 108.

    BruceFromOhio

    November 9, 2017 at 1:35 pm

    The most excited group out there are big CEOs, about our tax plan.

    I’ll go with “All Three” for $500, Alex.

  109. 109.

    schrodingers_cat

    November 9, 2017 at 1:38 pm

    @frosty: I read that one after Spielberg’s movie on Lincoln came out. Then I realized that I needed to read more of what happened before because I was missing a lot of context.

  110. 110.

    Woodrowfan

    November 9, 2017 at 1:39 pm

    @frosty: and the parallels between the 1850s and now are interesting.

    and scary////

  111. 111.

    TenguPhule

    November 9, 2017 at 1:40 pm

    @rikyrah: Don’t underestimate the extent of wingnut welfare. Koch and Mercers are willing to give every one of those assholes a cushy job for life if they just do one thing for them.

  112. 112.

    Woodrowfan

    November 9, 2017 at 1:41 pm

    @schrodingers_cat: that one was pinged by specialists for over-emphasizing the conflict within Lincoln’s cabinet, but it’s a good read and she makes good points. I enjoyed it.

    Gore Vidal’s “Lincoln” is fun so long as you keep in mind that it is fiction. And I like how he portrays the atmosphere of DC in that era.

  113. 113.

    schrodingers_cat

    November 9, 2017 at 1:45 pm

    Wingnuts relitigating the Civil War have nothing on wingnuts in India, who are currently relitiagating the 13 th century, over a fucking movie to be released shortly.

  114. 114.

    Matt McIrvin

    November 9, 2017 at 1:46 pm

    @Another Scott: I confess I have not actually read Zinn, but one of the criticisms I hear sometimes is that his treatment of the Civil War/Reconstruction gave excess credence to some Dunning School-y claims in his eagerness to debunk patriotic myths about Lincoln and the Union. I recall some discussion of that on Coates’ blog.

  115. 115.

    The Moar You Know

    November 9, 2017 at 1:51 pm

    Been thinking it over about Roy Moore. Totally understandable. He showed us all his tiny gun a few weeks ago, remember? He just wanted to find a woman that didn’t know it was so small.

  116. 116.

    cain

    November 9, 2017 at 1:51 pm

    They won’t be happy when there isn’t enough people buying their company products and short term shareholder mentality starts yelling at them wondering why stocks are down.

  117. 117.

    Duane

    November 9, 2017 at 1:54 pm

    Someone needs to ask Republicans why we need tax cuts now. Unemployment is low, GDP at 3%, etc. When they reply so the economy will grow, scream INFLATION! and DEFICITS! Seems they need reminding.

  118. 118.

    TenguPhule

    November 9, 2017 at 1:56 pm

    @schrodingers_cat:

    Wingnuts relitigating the Civil War have nothing on wingnuts in India, who are currently relitiagating the 13 th century, over a fucking movie to be released shortly.

    When will people realize they really should not raise flags like this.

  119. 119.

    laura

    November 9, 2017 at 1:56 pm

    @Humboldtblue: John Chaing is my candidate for CA Gov -though I’d vote for Jerry again if that were possible.

  120. 120.

    schrodingers_cat

    November 9, 2017 at 2:00 pm

    @TenguPhule: I am sorry, I don’t understand what you are trying to say.

  121. 121.

    catclub

    November 9, 2017 at 2:01 pm

    @germy: Trump is only competing with himself to tell ever bigger lies. The weird thing is he must at least half-believe that the people he is telling these lies to believe them.
    @GregB: I wonder if the Saudis will actually send their own people into a battle. Usually they just pay someone else.

    (Saudi War hymn is Onward Christian Soldiers… so is Israel’s!)

  122. 122.

    catclub

    November 9, 2017 at 2:02 pm

    @Matt McIrvin: main thing I heard was that the best part of Zinn to use is the bibliography.

  123. 123.

    catclub

    November 9, 2017 at 2:05 pm

    @Duane:

    Someone needs to ask Republicans why we need tax cuts now.

    At least in 2001 we were running a surplus. Now the deficit is manageable but slowly rising under present law. Expanding the deficit in good times is crazy.
    Because you will REALLY want to expand it in bad times.

  124. 124.

    TenguPhule

    November 9, 2017 at 2:07 pm

    @schrodingers_cat: Its a tvtrope trope. Basically it means you really shouldn’t tempt fate like that. Because fate tends to succumb to the temptation.

  125. 125.

    Cacti

    November 9, 2017 at 2:11 pm

    @catclub:

    I wonder if the Saudis will actually send their own people into a battle. Usually they just pay someone else.

    (Saudi War hymn is Onward Christian Soldiers… so is Israel’s!)

    Yes, our friends the KSA and Israel are always prepared to fight Iran down to the last American.

  126. 126.

    catclub

    November 9, 2017 at 2:17 pm

    @ruemara:

    We have a major housing crisis now. This would tip us into devastation.

    I agree housing is tough in California, but people still want to move to CA. Not so much a whole lot of other places. Mississippi offers lots of cheap housing.
    Only problem: you have to live in Mississippi, and there are not nearly so many jobs available.

  127. 127.

    Kay

    November 9, 2017 at 2:18 pm

    The sooner people realize NONE of these people give a shit about health care, or immigration, or “social issues” or education, the better.

    It’s about the money. They would support anyone doing anything as long as they get a tax cut. It’s about their personal gain. I know you want to make it more complicated than that. but it’s not.

    Incredibly wealthy people are issuing threats to Congress as speak. They want billions of dollars in tax cuts and if they don’t get them they’ll push elected offocials out of office until they find a group who STAY BOUGHT.

  128. 128.

    rikyrah

    November 9, 2017 at 2:27 pm

    Maine’s Sec. of State, a member of Trump’s Election Commission, has filed a lawsuit in federal court, claiming the commission violated federal law. https://t.co/hcdYGys9fg

    — Kyle Griffin (@kylegriffin1) November 9, 2017

  129. 129.

    geg6

    November 9, 2017 at 2:27 pm

    @schrodingers_cat:

    I think an interesting take is to read American history from the point of view of an outsider. I would recommend A History of the American People by Paul Johnson is pretty good for an overview of American history.

  130. 130.

    ThresherK

    November 9, 2017 at 2:27 pm

    @Matt McIrvin: I have some Zinn acolytes who are the same folks worried about “angering” people by tearing down CSA statues, and misquote Lincoln about slavery, and laud how Lee put aside his own “closely held beliefs” (which wavered somewhat on slavery), while ignoring how he brutalized his slaves, and took the invite to lead the Rebel army.

    To find Zinn on that bookshelf is not a surprise.

  131. 131.

    Kay

    November 9, 2017 at 2:31 pm

    Our accountant says no one knows what’s in this tax plan or what the effects will be in the out years to tens of millions of people.

    But the Masters of the Universe don’t care,because they wrote it and they got their cut up front

    They’re robbing us. It’s disgusting. The level of excess is just repulsive. It’ll be like some third world dictatorship with a permanent overclass and a HUGE underclass. They’re already repulsive and decadent. I can’t even imagine how big the mansions will get and the private jets and the exclusive colleges stuffed with legacy admits. Just gross.

  132. 132.

    Duane

    November 9, 2017 at 2:54 pm

    @catclub: I want to see their words thrown in their face. Now that they have control, INFLATION! and DEFICITS! Don’t matter to them. Their economic policies are irrational, and it needs exposed. Enough of the both sides crap.

  133. 133.

    satby

    November 9, 2017 at 3:29 pm

    @Woodrowfan: I wonder what you think of this professor at Notre Dame’s labor history blog? I have enjoyed it, not a subject I previously knew enough about.

  134. 134.

    Mike S.

    November 9, 2017 at 3:54 pm

    @schrodingers_cat: Starting with pre-colonial is good. Why could the Eurpoeans just waltz in? Try 1491 by by Charles C. Mann.

  135. 135.

    Fair Economist

    November 9, 2017 at 4:12 pm

    @Cacti:

    I didn’t think it was possible for Roy Moore to seem like a bigger creep.

    First rule of Republicanism: no matter how bad they they, they can always get worse. See W and Trump.

  136. 136.

    Another Scott

    November 9, 2017 at 4:22 pm

    Anyone who has been to a shopping mall over 20 years old could have written this story, but it’s a good reminder.

    Drum at MoJo – The “Retail Apocalypse” May Dominate the 2020 Election:

    Basically, retail’s problems aren’t new. The sector was doing fine until, suddenly, employee growth flatlined starting in 2000. (Yes, this is another example of the Great Inflection of 2000.) This flatline had almost nothing to do with e-commerce, which accounted for less than 2 percent of retail sales back in 2000. The more likely culprit is twofold. First, automation started taking away some jobs. Second, a wave of leveraged buyouts and private equity takeovers loaded up retailers with debt and forced them to focus on shedding staff as a way cutting costs. This worked for a while, but as Bloomberg reports, it’s not working anymore. Thanks to retail’s weakness—which in 2017 is partly due to e-commerce—rolling over their debt is getting harder and harder. What we’ll see over the next few years is a “debt apocalypse” …

    Lots and lots of changes are coming to the economy in the next 5-20 years. We need sensible people in office to help guide those changes to make lives better, not people like Ivanka who are “famous” but have no demonstrated political experience, ability, human empathy, taste, etc., etc….

    Cheers,
    Scott.

  137. 137.

    Fair Economist

    November 9, 2017 at 4:27 pm

    @Humboldtblue: Booman is obsessed with rural districts because a very extreme pro-rural gerrymander has given the Republicans ironclad control of the PA legislature (he started blogging in Philadelphia). Breaking the Republican hold on rural districts is one way out of the current electoral mess but contra Boo’s claim it’s not the only one. The problem is that nobody has a good way to do that. Booman’s pet issue is antimonopoly, which is a great policy issue but probably doesn’t have much resonance in rural areas. We’re not going to get back into power by promising to close Walmarts. In practice, although opening Walmarts is typically a big blow to a rural area closing them later makes it even worse.

    The basic issue with rural decline is that with natural resource extraction so automated there’s not much reason to have a large population in rural areas, and even the current shrunken rural population is probably economically too many. This is further complicated by the expensive nature of current car-dependent US development, and the general desire for services not readily provided in rural areas because there aren’t enough customers. There’s little to do to make rural areas recover except absolutely massive subsidies, and that’s not in the cards.

  138. 138.

    HumboldtBlue

    November 9, 2017 at 5:55 pm

    @Fair Economist: Well said, thanks for that.

  139. 139.

    Wakeshift

    November 9, 2017 at 10:07 pm

    Dead thread, I’m late to this party (hard-core lurker here) but…

    I wanted to pop out to recommend to @schroedingers_cat in response to #80

    Mayflower by Nathaniel Philbrick.

    Good survey/narrative of colonial New England from Pilgrims through French and Indian Wars.
    Brings to life the stories tucked in the shadows behind all our Dublin Donuts and subdivisions, and the families behind the names on those Historic Home placards “c. 1689”

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