Analytics

Sunday, March 29, 2020

Post #4533 M: A Pandemic Recession is Different; Woods on Economics of the Coronavirus Crisis Shutdown

Quote of the Day

There are two ways to get enough; 
one is to continue to accumulate more and more. 
The other is to desire less.
G.K. Chesterton  

A Pandemic Recession is Different



Woods on Economics of the Coronavirus Crisis Shutdown



Regulations Hampering COVID-19 Engagement



Choose Life



Political Cartoon


Courtesy of Mike Lester via Townhall


Musical Interlude: My Favorite Vocalists

Nat King Cole, "Stardust"

Post #4532 Rant of the Day: Populist Rubbish and Family

I really have to keep my eye on the time when I'm online. I mentioned in prior posts back around 2003-2004 I spent more time I should have in certain yahoo low carb groups. Now, as a former professor, I'm used to the give and take of academic kerfuffles and have developed a thick skin; don't get me wrong--nobody likes being criticized, and we appreciate others validating our efforts.

Personally, when I was a journal reviewer, I avoided taking potshots at other academics; however, I can't say that was true in reverse. I once tried to publish a research note about the misuse of behavioral measures in MIS research and got highly defensive, ad hominem attacks; I suspect the reviewers had a vested interest against my critique. They didn't argue about any of my substantive points, none of which had been previously published in the discipline; it was stuff like what are my credentials in applied psychometrics, or instead of bitching about other people's measures, why not devise my own rigorous measures. (Measure development and validation is a worthy endeavor; for junior (untenured) professors, it's easier said than done. You typically need to publish in a 6-year window for tenure.) My article was designed in effect to be, the emperor is wearing no clothes. Other researchers were using dubious measures in their own research; I wasn't looking to attack the Old Guard; I simply wanted to educate other researchers on how better to assess the measures they were using.

When I participated in those low-carb groups, I extensively reviewed the nutrition literature. I was up against Atkins diet "fundamentalists". There were lots of things I disagreed on with these folks, including nutritional choices based on carb grams, 8 glasses of water a day, carb quotas across lifestyles, etc. (Dr Atkins himself was probably more flexible than his disciples citing chapter and verse.) I would go often in detail in specifying my views, e.g., citing research findings. (You'll notice even in my tweets, I cite other sources on a frequent basis.) I would find myself attacked on my credentials (no, I don't have a degree in the field, but I do understand resign design and statistics), and I found myself spending an undue sinkhole of time fending off the personal attacks of these jerks. I'm sure other readers were uncomfortable getting caught in the middle of these obscure kerfuffles, and few of these contributed to any progress. I found myself up against a wave of wolf gang attacks and spent an inordinate amount of effort defending myself. In the end, I left the groups because it wasn't worth my time and effort; I had closet supporters who personally pleaded for me to return after I left, who didn't want the wolf pack to rejoice over the success of their efforts.

But it wasn't just Yahoo groups. I also found myself sucked into the internal politics of Facebook groups as well, too many to recount here, but to give an example I had for a period of time followed a Christian Libertarian group and found myself confronted with absurd truther conspiracy theories and the like. Just as in the case with the Atkins groupies, there was no reasoning with these people; they weren't interested in an exchange of views. You found yourself under constant attack, and it was a waste of your time.

There was a time when I spent a lot of time on Facebook; maybe as much, if not more than I spend on Twitter. And I would write these long, articulate, beautiful comments that few, if any, read. I ended up clipping many of them to my blog, so it wasn't a total waste of time. But it's gotten to the point I rarely comment now in Facebook groups (there's a current exception below). There was a certain progressive troll spamming Illinois Policy Institute, and I took him out several times. But I last lived in Illinois 16 years ago. And every time Cato Institute publishes a pro-immigration post, you see an onslaught of right-wing xenophobes spamming the thread. At first, I fought the good fight, but it was annoying and boring finding myself respond to the same talking points time and again.

So instead I've found myself most of the time dealing with Internet hoaxes my own Mom was forwarding to the family or memes reposted by relatives. I found myself trying to teach Mom how to search Snopes, but that was a lost cause; now she doesn't forward as many, in part because I've stopped responding to them.

Now only my Mom and my third (of 4) sisters have their own Facebook accounts (I have 6 siblings). I think the other sisters share their husbands' accounts. I think my two sisters-in-law have accounts but we've had interpersonal issues and I've not been friended to either for about 10 years. A minority of nieces and nephews are friended.

I'm mostly going to focus on one sibling family in discussing this topic. Make no mistake: this is not a comprehensive discussion of populism or related Internet memes. It's not really a discussion of Trump or Sanders' differing flavors of political populism; I'm not discussing topics like "made in America" or "immigrants lower domestic wages". I have in mind here a more nuanced set of certain popular themes, like "our public school teachers are underpaid", "college should be free" or "college loans should be forgiven", "elected officials should be treated like the rest of us", etc.

Let me give an example of the latter theme from recent Twitter trends. Mitt Romney, like Rand Paul, recently announced a positive diagnosis of COVID-19 and have gone into isolation. There has been an ugly backlash against both politicians (never mind Trump's own test after being in meetings with people since reporting infections) The populist gripe is the purported double standard: politicians can get COVID-19 tested, but not your average Joe on the street. Whereas I understand the frustration, neither Romney nor Paul are responsible for policies restricting the private sector from addressing the test kit shortage. And nothing constructive is achieved by their unknowingly infecting the rest of Congress. (Note: neither Romney nor Paul manifest known symptoms.) Clearly, the government should have to address the policies leading to the current shortage of tests, but a shutdown of Congress during the crisis isn't a constructive solution. I have also criticized Congress for not adapting more flexible remote voting/participation rules during the crisis, so, e.g., Cruz, Paul and Romney can be productive during their isolation.

I have a sister, second-born, 14 months younger. She's an RN who recently retired from the Civil Service. She and her husband, a retired USAF NCO and also Civil Service veteran, have 3 adult daughters. The first and third daughters are teachers, and the second, one of my goddaughters, is an RN like my sister. They all graduated from a private college in South Dakota. My sister and her husband are not well-to-do, and my nieces all had to take on significant college loans they are still paying off. I don't know the specifics. I think the oldest and youngest niece were attracted by the music program; I think my goddaughter had issues finding an available slot for nursing programs in their then home state of Colorado but was accepted by her sister's relevant college program. The oldest niece has struggled since being laid off in Colorado during the Great Recession. She did spend a few years teaching at a Kansas public school like her baby sister but for personal reasons had to leave Kansas and hasn't gotten a public school offer since then in 3 states. There is an issue with reciprocity recognition of teaching credentials among states.

Now one aspect to my personality is that I don't modify my political views to accommodate the vested interests of relatives. To give a telling example, I've been a harsh critic of the USPS and the postal union, even though my own late Dad eventually settled in a second career (after the military) with the and my youngest goddaughter/niece is a letter carrier (my Dad didn't deliver mail; he was more involved with package handling). It wasn't personal; I just oppose government-sponsored monopolies in general, and in fact libertarian forefather Lysander Spooner had started a competitive mail delivery service that was basically ended by Congress in 1851.

In a similar way, I've been a consistent harsh critic of the public school monopoly and teacher unions. I may have posted this incident a while back; my older teaching niece had posted some teacher union meme, arguing teachers were grossly underpaid, often working nights or weekends out of the public eye. I asked her why she posted that; she lamely responded that most people thought teachers work 6 hours a day. Oh, come on! I pointed out many people worked unpaid extra hours; for me as an IT professional, it's been more the rule than the exception. And most of us don't have tenure or a pension system. (Not that my niece has had those; I don't know about the Kansas job.) Another relative from her dad's side of the family pointed out it's what you do in off hours that earns your next promotion. My niece had a meltdown over the criticisms, and her husband blamed me for her crying herself to sleep over them.

More recently, my sister was pissed when I shared a critical public school meme from a libertarian Facebook group: "How dare you? Two of your nieces are teachers..." Well, not just them, but also nephews from two other siblings. EVERY politician kisses asses of public school teachers and pays lip service to the notion that teacher are grossly "underpaid". Now there are some worthy public school teachers out there, but I'm not happy with the anti-competitive policies, the concept of tenure in general, the fact we've quadrupled spending on public education with few incremental performance improvements to show for it. Unions oppose, e.g., paying math or science teachers more despite relative scarcity, allowing merit pay increases, tying compensation to objective student performance, competition in the form of charter or private schools.

Two more recent kerfuffles include:

- a college loan cancellation process for nurses working during the coronavirus crisis.
- a meme suggesting that politician pay be reduced or eliminated during the crisis.

I think the first was posted by my sister and the second by my brother-in-law (not in that sequence). They share the same account but don't sign their posts. I know when a post is about soccer or something about veterans or the USAF, it's coming from my BIL.

On the first post, obviously aimed at my goddaughter, I've opposed morally corrupt/hazardous college loan forgiveness or "free college" on the basis of free market principles, never mind the fact that I paid my 4 college degrees on my own. My sister was pissed at my criticism of the shared post: "Don't you realize that your goddaughter is still paying off her loans?" I was mildly surprised, because my folks couldn't afford to help her attend college, either; she did it on her own. By the way, my niece is more involved in surgery assistance, not deployed in coronavirus support to date (maybe that'll change if the pandemic expands from here. I love my niece, but I'm not going to be hypocritical in expressing my political beliefs.

On the second post, I generally don't like who I've often called "political whores". This topic often develops in several ways, e.g., whether Obama had hired more males, at higher salaries, whether lawmakers should have to buy their own healthcare through ObamaCare, etc. But in this crisis, it's more like, a lot of us can't work because of government policies. That doesn't stop the bill collectors. The politicians should be made to suffer along with the rest of us.

In fact, most politicians, at least on the federal level, aren't like the rest of us; most of them, last time I checked, are millionaires. Bloomberg spent hundreds of millions trying to run for POTUS, a job which pays pocket change relative to what he spent. Trump, the last time I heard, isn't even cashing his paycheck. So they can workaround these issues with their own resources. You certainly don't want a policy where only the wealthy can run for office. Not to mention imposing a policy they may not have supported in Congress.

Let me close this essay with an extract from a related thread discussion in the Illinois Policy Institute group on Facebook:

Ken Wilson
Here is a thought suspend pay to legislatures since they barely work anyway. Was not meant to be a full time job with benefits
 · Reply · 9h
Charles Ivers
Yeah. How is it that Texas can have a part-time legislature?
 · Reply · 7h
Jim Kubin
No union lobbyists funding the legislators?
 · Reply · 6h
Jackie Wilson Sullivan
Ken Wilson you mean it hasn’t???
 · Reply · 4h
Ronald A Guillemette
Ken Wilson this is predictable populist nonsense I would rather pay them to do nothing than the wrong thing
 · Reply · 3h
Ken Wilson
Ronald A Guillemette So you would be blackmailed by them not to do anything. Seems counterintuitive
 · Reply · 2h
Ronald A Guillemette
Ken Wilson you do not understand the opportunity costs in doing the wrong thing
 · Reply · 2h
David Perez
Ronald A Guillemette we are paying them to do nothing!
 · Reply · 1h
Ronald A Guillemette
David Perez I'm no longer an Illinois resident, but I suspect a Dem legislature and governor have passed a lot of bad laws.
 · Reply · 1h
Michael Clements
Ken Wilson so only ridiculously wealthy people can afford to be in the legislative body?
 · Reply · 11m
Michael Clements
Ronald A Guillemette this isn’t populism it’s just extreme far Rightwing idiocy.
 · Reply · 9m
Ronald A Guillemette
Michael Clements there's a similar argument about the federal government, and I'm fairly sure the median federal legislator is a millionaire. I point out Mike Bloomberg spent hundreds of millions for a job that pays pocket change. These guys aren't living paycheck to paycheck. So the idea of having politicians eat their own dog food doesn't work .

Saturday, March 28, 2020

Post #4531 M: The Coronavirus and the US Economy;

Quote of the Day

The secret of being boring is to say everything.
Voltaire  

Woods on Government Resistance



McClanahan on Whether the States Make People Hate Each Other



The Coronavirus and the US Economy



Choose Life







Political Cartoon

Courtesy of Michael Ramirez via Townhall


Musical Interlude: My Favorite Vocalists

Nat King Cole, "Smile"

Friday, March 27, 2020

Post #4530 M: Coronavirus in the Aftermath of the FDA Screwup; McClanahan on the Constitution

Quote of the Day

I don't know the key to success, but the key to failure is trying to please everyone.
Bill Cosby  

Coronavirus in the Aftermath of the FDA Screwup



Reason's Science Editor on Coronavirus



McClanahan on the Constitution



Choose Life





Political Cartoon

Courtesy of Chip Bok via Townhall


Musical Interlude: My Favorite Vocalists

Nat King Cole, "Unforgettable"

Post #4529 J: A Follow-Up Trip to Walmart; "Murder Most Foul"/Bob Dylan; Midwifery in the COVID-19 Age

A Follow-Up Trip to Walmart


Yes, I know I'm not typical, living in a northern Maryland town. I'm sure there are others who have differing, more trying experiences; I'm also a bachelor, not a head of household. I may grocery-shop every week or two at lower volumes than a typical household. I also was subscribing to Nutrisystem, which I discontinued over delivery issues. I was not shopping at the time the hoarding started; so for me, my initial segment was more out of curiosity, how Walmart, with its vaunted supply system, was coping with panic buying, etc: were in-demand products in stock; was the store implementing purchase limits on relevant merchandise?

Recapping, unlike my West Coast friend Ray, I could buy fresh meat (although less plentiful than usual), eggs (88 cents a dozen for their Great Value line), and some canned soups were in stock (a few less popular veggie flavors of Progresso); but pasta/sauces were pretty much wiped out, as were shelf-stable entrees (e.g., Hormel). There are lots of barren gaps in aisles and free-standing freezers, etc. No posted quantity limits that I saw. Lots more restocking than usual. I've never seen their inventory so depleted, relatively speaking.

Now I know that toilet paper and hand sanitizer manufacturers haven't gone out of business, but I don't know to what effect, if any, the crisis has had on their resource supplies, labor, etc. If anything, I'm sure they are working around the clock to expand output.

So I knew almost immediately in my return shopping visit, things were different; there were significantly fewer cars than usual (maybe 20-30%); there were no lines at self-checkout. And one of the first customer carts I saw had a multi-pack of name brand toilet paper. I immediately went to the toilet paper aisle. 3 packs left: a 6-roll, which I bought, and 2 mega-packs of at least 12 or more rolls (I just don't need that much for myself; leave it for a family). The Progresso soup and pasta shelves were almost completely replenished. Still no posted limited quantity purchase signs posted (at least that I saw). So things seemed improved, although is that a result of fewer shoppers (under Maryland's restricted economy policies)?

Midwives During the COVID-19 Crisis

I personally know one of the Houston midwives interviewed in this piece. (HINT: think a Simon & Garfunkel #1 hit.)




"Murder Most Foul", Bob Dylan


The immortal Bob Dylan released a haunting "new" (previously unreleased) track on the assassination of JFK. I was a young Catholic grade-school guy, around the time of my first confession and communion, starting as an altar boy under the all-Latin mass. JFK was a powerful role model, the first Catholic President. My teacher was a Protestant; I was teacher's "boy doll"; Lisa was her "girl doll". (I still have Lisa's Valentine's card.) One day a knock on the classroom door interrupted class; Mrs D started crying and told us to go out into the school courtyard and pray the rosary for our dead President and his family. Like 9/11, it's seared into my memory.



Reprinted lyrics for reader convenience in listening to the track. Bob Dylan holds all rights. Source

Twas a dark day in Dallas, November '63
A day that will live on in infamy
President Kennedy was a-ridin’ high
Good day to be livin' and a good day to die
Being led to the slaughter like a sacrificial lamb
He said, "Wait a minute, boys, you know who I am?"
"Of course we do. We know who you are."
Then they blew off his head while he was still in the car
Shot down like a dog in broad daylight
Was a matter of timing and the timing was right
You got unpaid debts; we've come to collect
We're gonna kill you with hatred; without any respect
We'll mock you and shock you and we'll put it in your face
We've already got someone here to take your place

The day they blew out the brains of the king
Thousands were watching; no one saw a thing
It happened so quickly, so quick, by surprise
Right there in front of everyone's eyes
Greatest magic trick ever under the sun
Perfectly executed, skillfully done
Wolfman, oh wolfman, oh wolfman howl
Rub-a-dub-dub, it's a murder most foul

Hush, little children. You'll understand
The Beatles are comin'; they're gonna hold your hand
Slide down the banister, go get your coat
Ferry 'cross the Mersey and go for the throat
There's three bums comin' all dressed in rags
Pick up the pieces and lower the flags
I'm going to Woodstock; it's the Aquarian Age
Then I'll go to Altamont and sit near the stage
Put your head out the window; let the good times roll
There's a party going on behind the Grassy Knoll

Stack up the bricks, pour the cement
Don't say Dallas don't love you, Mr. President
Put your foot in the tank and step on the gas
Try to make it to the triple underpass
Blackface singer, whiteface clown
Better not show your faces after the sun goes down
Up in the red light district, they've got cop on the beat
Living in a nightmare on Elm Street

When you're down in Deep Ellum, put your money in your shoe
Don't ask what your country can do for you
Cash on the ballot, money to burn
Dealey Plaza, make left-hand turn
I'm going down to the crossroads; gonna flag a ride
The place where faith, hope, and charity died
Shoot him while he runs, boy. Shoot him while you can
See if you can shoot the invisible man
Goodbye, Charlie. Goodbye, Uncle Sam
Frankly, Miss Scarlett, I don't give a damn

What is the truth, and where did it go?
Ask Oswald and Ruby; they oughta know
"Shut your mouth," said the wise old owl
Business is business, and it's a murder most foul

Tommy, can you hear me? I'm the Acid Queen
I'm riding in a long, black limousine
Riding in the backseat next to my wife
Heading straight on in to the afterlife
I'm leaning to the left; got my head in her lap
Hold on, I've been led into some kind of a trap
Where we ask no quarter, and no quarter do we give
We're right down the street from the street where you live
They mutilated his body, and they took out his brain
What more could they do? They piled on the pain
But his soul's not there where it was supposed to be at
For the last fifty years they've been searchin' for that

Freedom, oh freedom. Freedom cover me
I hate to tell you, mister, but only dead men are free
Send me some lovin'; tell me no lies
Throw the gun in the gutter and walk on by
Wake up, little Susie; let's go for a drive
Cross the Trinity River; let's keep hope alive
Turn the radio on; don't touch the dials
Parkland hospital, only six more miles

You got me dizzy, Miss Lizzy. You filled me with lead
That magic bullet of yours has gone to my head
I'm just a patsy like Patsy Cline
Never shot anyone from in front or behind
I've blood in my eye, got blood in my ear
I'm never gonna make it to the new frontier
Zapruder's film I seen night before
Seen it 33 times, maybe more
It's vile and deceitful. It's cruel and it's mean
Ugliest thing that you ever have seen
They killed him once and they killed him twice
Killed him like a human sacrifice

The day that they killed him, someone said to me, "Son
The age of the Antichrist has only begun."
Air Force One coming in through the gate
Johnson sworn in at 2:38
Let me know when you decide to thrown in the towel
It is what it is, and it's murder most foul

What's new, pussycat? What'd I say?
I said the soul of a nation been torn away
And it's beginning to go into a slow decay
And that it's 36 hours past Judgment Day

Wolfman Jack, speaking in tongues
He's going on and on at the top of his lungs
Play me a song, Mr. Wolfman Jack
Play it for me in my long Cadillac
Play me that "Only the Good Die Young"
Take me to the place Tom Dooley was hung
Play St. James Infirmary and the Court of King James
If you want to remember, you better write down the names
Play Etta James, too. Play "I'd Rather Go Blind"
Play it for the man with the telepathic mind
Play John Lee Hooker. Play "Scratch My Back."
Play it for that strip club owner named Jack
Guitar Slim going down slow
Play it for me and for Marilyn Monroe

Play "Please Don't Let Me Be Misunderstood"
Play it for the First Lady, she ain't feeling any good
Play Don Henley, play Glenn Frey
Take it to the limit and let it go by
Play it for Karl Wirsum, too
Looking far, far away at Down Gallow Avenue
Play tragedy, play "Twilight Time"
Take me back to Tulsa to the scene of the crime
Play another one and "Another One Bites the Dust"
Play "The Old Rugged Cross" and "In God We Trust"
Ride the pink horse down the long, lonesome road
Stand there and wait for his head to explode
Play "Mystery Train" for Mr. Mystery
The man who fell down dead like a rootless tree
Play it for the Reverend; play it for the Pastor
Play it for the dog that got no master
Play Oscar Peterson. Play Stan Getz
Play "Blue Sky"; play Dickey Betts
Play Art Pepper, Thelonious Monk
Charlie Parker and all that junk
All that junk and "All That Jazz"
Play something for the Birdman of Alcatraz
Play Buster Keaton, play Harold Lloyd
Play Bugsy Siegel, play Pretty Boy Floyd
Play the numbers, play the odds
Play "Cry Me A River" for the Lord of the gods
Play Number 9, play Number 6
Play it for Lindsey and Stevie Nicks
Play Nat King Cole, play "Nature Boy"
Play "Down In The Boondocks" for Terry Malloy
Play "It Happened One Night" and "One Night of Sin"
There's 12 Million souls that are listening in
Play "Merchant of Venice", play "Merchants of Death"
Play "Stella by Starlight" for Lady Macbeth

Don't worry, Mr. President. Help's on the way
Your brothers are coming; there'll be hell to pay
Brothers? What brothers? What's this about hell?
Tell them, "We're waiting. Keep coming." We'll get them as well

Love Field is where his plane touched down
But it never did get back up off the ground
Was a hard act to follow, second to none
They killed him on the altar of the rising sun
Play "Misty" for me and "That Old Devil Moon"
Play "Anything Goes" and "Memphis in June"
Play "Lonely At the Top" and "Lonely Are the Brave"
Play it for Houdini spinning around his grave
Play Jelly Roll Morton, play "Lucille"
Play "Deep In a Dream", and play "Driving Wheel"
Play "Moonlight Sonata" in F-sharp
And "A Key to the Highway" for the king on the harp
Play "Marching Through Georgia" and "Dumbarton's Drums"
Play darkness and death will come when it comes
Play "Love Me Or Leave Me" by the great Bud Powell
Play "The Blood-stained Banner", play "Murder Most Foul"

Thursday, March 26, 2020

Post #4528 M: A Libertarian Economist's Critique of USG Response to COVID-19 Crisis; Rev Sirico on Free Markets and the Crisis

Quote of the Day

What's the earth With all its art, verse, music, worth - 
Compared with love, found, gained, and kept?
Robert Browning

A Libertarian Economist's Critique of USG Response to COVID-19 Crisis



Shlaes on the Great Society

Shlaes is one of my favorite historians who published a long-overdue biography behind one of the greatest Presidents, Calvin Coolidge (well, not crazy about the immigration quota system he signed into law) I think I embedded an earlier clip on the current book behind the JFK/LBJ initiative, but a more detailed clip is in order.



Rev Sirico on Free Markets and the Crisis



Choose Life





Political Cartoon

Courtesy of Pat Cross via Townhall


Musical Interlude: My Favorite Vocalists

Nat King Cole, "Too Young". This song was a favorite of my Dad and Mom's (who got married at 21 and 18) and a reason I included Nat in my countdown.

Wednesday, March 25, 2020

Post #4527 M: Fukuyama on the End of Liberal Capitalist Democracy; Stossel on Regulations Hampering Pandemic Response; Kibbe on COVID-19 and Liberty

Quote of the Day

Become a student of change. It is the only thing that will remain constant.
Anthony J. D'Angelo 

DEAD WRONG: Fukuyama on the End of Liberal Capitalist Democracy



Stossel on Regulations Hampering Pandemic Response



Kibbe on COVID-19 and Liberty



Choose Life




Political Cartoon

Courtesy of Gary Varvel via Townhall


Musical Interlude: My Favorite Vocalists

Nat King Cole, "Mona Lisa"