Apparently the “fringe theory” of “greedflation” is finally “get(ting) its due,” now that even the Wall Street Journal thinks greedflation is real. Of course, nobody who’s been saying it for two years (whose number even includes several members of our “liberal” media) is “fringe” to anyone but a corporatist paid to ignore what’s right in front of their face. I only wonder whether Lael Brainard was being too circumspect in describing a “price-price spiral,” “where companies mark up prices far higher than the increases in their input costs,” because “greedflation” is a much easier way of saying that.
Judges have been slow to accept that they should enforce antitrust law, but Massachusetts U.S. District Court Judge Leo Sorokin not only struck down the American/JetBlue “Alliance,” but excoriated the paid hacks who testified on the “Alliance”’s behalf. If, like me, you think even psychology is a more rigorous science than economics, you’ll find Judge Sorokin’s notes fairly affirming. You may also, like me, find the “economic consulting” gigs Mr. Stoller describes to be a kind of welfare-for-the-rich, a far more pernicious kind of welfare than food stamps could ever be. By the way, bringing back the 91% tax bracket on millionaire income would fix it. Imagine a world where it simply didn’t pay to lie about how money works!
Rick Scott thinks he’s so, so funny for saying Florida is “openly hostile” to socialists, though it’s no laughing matter that the actual travel advisories from the NAACP and the Human Rights Campaign that he mocked describe a burgeoning fascist state where you might actually die for being Black or gay, respectively. Also too, imagine being a guy who went to college on the G.I. bill. Now imagine being a guy who ran a hospital that defrauded Medicare and Medicaid so badly they had to pay a $1.7 billion fine. And now imagine being a guy who talks shit about "socialism" all the time. Actually, you don't have to imagine any of that: Rick Scott is all three of those guys! (And anyway, anyone who’s ever driven a car or used a library or called a cop is a socialist.)
I’m a bit perplexed at a Georgia Republican district chair seems to feel personally assaulted by all the globes everywhere that “brainwash” people into thinking the world isn’t flat, not just because people have known the world is round since long before Columbus, but also because globes are actually a lot less common now that we can get planetary images in so many other ways. Globes taught me everything about geography when I was a kid, but getting one in my 40s turned out to be a chore! Oh well, I guess some people never stop whining, and Georgia may finally be becoming a place where a woman like Kandiss Taylor can only get to 49% in a statewide election.
Good news, everyone: Texas Republicans failed to ram through their bill mandating that all state public schools commit the sin of idolatry by posting the Ten Commandments in every classroom. If you were among those who spoke out about this matter, congratulate yourself! Note well, however, that this is only one victory; the forces of religious folly have won plenty of times in Texas in recent years. Also note well that the ACLU’s statement about parental rights is not inconsistent with anything they’ve ever said about teaching Black or gay history in schools: the key phrase in “(p)arents should be able to decide what religious materials their child should learn” is religious materials.
Finally, Rep. Lauren Boebert (E-CO) apparently stonewalled cops after her son called 911 to allege abuse by his father/her soon-to-be-ex-husband, but I don’t celebrate this news at all. I might question the timing of its release (she just announced that she’s filed for divorce, while her son called 911 in December), and I do celebrate some of her other reversals, but I do not celebrate her acting like or being someone who felt she had to keep the family together by herself. And I also don’t blame her for trapping herself in a bad marriage! She married when she was 20, and I was pretty dumb at that age myself.