Thursday, October 31, 2024

 

PMT: Some truths about inflation


 

Below are excerpts from an early draft of a piece that ran in the Waco Tribune Herald this week:

        If, like many Americans, you are concerned about inflation, here is an important thing you can do about it: don’t vote for Donald Trump. Two of Trump’s top policy initiatives, deportations and tariffs, are going to drive inflation higher if implemented.

 

         The reason why is not so hard to understand. Inflation goes up when costs go up for producers and sellers of goods and services. Both deportations and tariffs will raise costs for producers and sellers (in varying ways), and those added costs will be passed along to us, the consumers. 

 

         Let’s examine deportations first. Trump’s platform promises “THE LARGEST DEPORTATION IN AMERICAN HISTORY,” [All caps in original] and that’s a problem, if what is actually affecting your life is higher prices. In short, deporting a lot of undocumented workers will shrink the labor supply, and raise the cost of labor for people who grow, process, manufacture, and sell things. These increased labor costs will be particularly acute in certain areas: agriculture and hospitality, for instance. A lot of the focus on inflation lately has been about grocery prices, but what do you think will happen when workers in slaughterhouses, on dairy farms, and in food processing are deported en masse? To get anyone to do those jobs, employers will have to pay more—and that price will show up at grocery stores.

 

         The University of Wisconsin recently estimated that over 10,000 unauthorized workers can be found just on that state’s dairy farms. Take away those workers, and the cost of milk—and everything made from it—will go up. Certainly, one can argue that undocumented workers are breaking the law and should be sent home, but if that’s your view don’t pretend that we won’t pay for it at the grocery store.

 

         Of course, in general when the labor force shrinks, then wages go up; that’s a big part of Trump’s argument, and he is right about that. But the rise in wages will come in those fields where we find a lot of undocumented labor. Most undocumented workers occupy low-wage jobs in agriculture, construction, food service, domestic work and various kinds of day labor. If you are in one of those fields, yes, your own wages may go up—but most citizens aren’t doing that kind of job, so their wages won’t be directly affected by mass deportations. If you work in a restaurant kitchen, for example, your work will become much more lucrative. But if you are someone who eats in the restaurant, you are just going to be paying more.

 

         And what about tariffs? “Tariffs are the greatest thing ever invented,” Donald Trump has said, but that might not be your view once they are imposed. Tariffs are basically a tax on imports—a price that importers have to pay to the government. Trump has proposed a 20% tariff on all imported goods and a special 60% tariff on goods imported from China. In other words, a $10 shirt made in China would actually cost $16 to bring into the United States. The added cost, of course, is paid by consumers—inflation.

 

         In the long term, of course, the idea behind tariffs is that rather than pay high prices for imported goods, American firms will produce those goods. There is truth to that, of course. I lived in Detroit when the North American Free Trade Agreement went into place in 1994, largely eliminating tariffs with Canada and Mexico. The effect on Detroit was very negative, as manufacturing plants and jobs went to Mexico. Tariffs can play a role in maintaining or bolstering domestic production—but they also, especially in the short term, cause inflation.

 

         Trump’s plan for lowering inflation centers on increasing energy production in the United States by lowering regulations and opening up new areas for exploration. There are a few problems with that plan. One is that energy in the forms he is talking about (oil, gas, and coal) are part of a world market. Right now, in fact, the United States is a net petroleum exporter—that is, we sell more of it to other countries than we import from abroad. That world market will greatly dilute the impact of marginally greater production in the United States. A second problem is the lag time that goes with oil exploration and production. For example, production from the Arctic National Wildlife Refuge could not begin until 2031 at the earliest. If energy production is going to bring down prices, it won’t be for a while—and probably won’t have much of an impact, as much of the new production is exported.

 

         One real tool that the federal government has for lowering inflation (albeit, also in the long term) is to reduce the national debt. Neither party seems very good at that, though, and neither candidate is talking about it. 

 

         Inflation is a real problem for a large part of the population, and deserves the attention it is getting on the national stage (even as the inflation rate goes down). The problem is that neither party is addressing it openly and honestly—and Trump’s plan risks making things much worse.


Wednesday, October 30, 2024

 

White men in a room

 


As most of you have figured out, I'm a white straight cis man who has a lot of privilege. And I know it. Because of my work, though, I am rarely in places where the majority of people are like me. Yesterday, though, I did find myself in such a room when I signed up to hear a speaker from the former Trump administration talk about transgender laws. Which, in retrospect, might have been a mistake.

One thing that struck me was how aggrieved people in that room seemed to be-- they genuinely thought that they are the disadvantaged. This group, mostly affluent lawyers and law students, didn't strike me as suffering much, but apparently being expected to use people's pronouns-- or even have them identified publicly-- is very traumatic. Because, women's sports. Which they care about a lot. And which are being destroyed, except for the part where they are doing better than ever and riding a wave of public popularity never seen before. And that is very hard to see, this thing where women's sports are being destroyed. And where on a zoom meeting people say "She/her." It's the most important thing of all.

Sigh. 

This next week is going to be long. 

Tuesday, October 29, 2024

 

Two perceived realities, one of which is real

 


I'm really struck by one division in our country right now, which is the willingness of voters to accept the results of an election if their candidate loses. Harris voters are ready to accept the results, which Trump voters largely are not-- they think that if Trump loses, it will be because the results are rigged.

Part of it, I think, is the information they get. Harris voters are more likely to read newspapers and watch mainstream news, and those sources are full of reports that the race is dead even-- which means it is rational that Harris might lose.

Meanwhile the sources of information for Trump voters, such as Fox News, will mention polls but emphasize perceived miscues by the Harris campaign and perceived triumphs of Trump.  They may live in a place where most of the people around them are for Trump, creating the impression that their line of sight represents the views of the nation. If you spend every day driving past lines of Trump signs, it probably does seem unlikely that he will lose. 

Certainly, Harris voters tend to be surrounded by other Harris voters, as well. But they probably are more cognizant of the situation in other parts of the state or country-- because their sources of information report on that.

It's probably not great that the mainstream channels of information pay so much attention to the horserace part of the election-- it takes away from substantive discussion of policy, for one thing. Still, at least it gives people a rational view. 

Monday, October 28, 2024

 

What people really wanted to be for Halloween....

 


Well, the Medievalist wants to be a pirate:

To be a pirate,
Of absolute anarchy,
Being good is hard.

And this anonymous poster agrees out of a desire for adventures:

Me, too: a pirate!
Adventures aboard the ship
on the high seas---aaarrgh!

Christine wants to be (I think) Pippie Longstocking:

Freckles and blond braids
Crazy striped stockings so
Carefree and joyful.

While Jill Scoggins has more ethereal goals:

I’d like to be a
white puffy cloud, floating through
a crisp autumn sky.

And one of my favorites: the kitty-cat!:

I need ears, whiskers
a tail and some attitude
Meow, meow, purr.

While CraigA knows the reason for the season:

Not much of a Hallo
ween guy, yet love how our girls
celebrate with joy!


Sunday, October 27, 2024

 

Sunday Reflection: Beauty not ours

 


Fall in Minnesota is spectacular. The picture above was from a bike ride last weekend; before long the bright colors will change to grayscale, skewed towards white. 

So, riding a bike down a path like that-- I'm not going to claim that it is a proof of God or anything like that. But it is transcendent, and we did not create it. 


Saturday, October 26, 2024

 

What has Walz been up to?

 



Friday, October 25, 2024

 

Haiku Friday: What you REALLY want to be for Halloween

 




Halloween is almost here. I know-- most of you aren't going to be in costume. But if you could... and could be what you really want... what would it be? Here, I will go first:

The costume I want:
Martin Van Buren, President!
Muttonchop magic.

Now it is your turn! Just use the 5/7/5 syllable pattern and have some fun!

Thursday, October 24, 2024

 

More Political Mayhem that Most Thursdays!

 


My prediction for election night:

-- The race will be very close, and by 11 PM Eastern time the results will still be unclear.

-- At that point, Donald Trump will declare himself the winner. It could be that at that point, the votes already tallied would have him winning the electoral college.

-- His lawyers will swing into action and, claiming abnormalities, try to stop the counting of votes in some places, locking existing totals into place.

-- The he will appeal to the Supreme Court to stop further counting, citing 2000's terrible decision in Bush v. Gore as a precedent. 

I'm not saying it will work-- I'm just saying it could easily happen.

Wednesday, October 23, 2024

 

Where the big teams are

 


Last night as I was trying to get to sleep, I started thinking about the weird distribution of FBS Division 1 football teams. It doesn't correlate to population at all, given that North Carolina has seven, while New York, Pennsylvania and Illinois (much more populous states that produce a lot of football players) have only three and Wisconsin and Minnesota each have only one. These disparities must really matter for recruiting! Here is how it breaks down:

Texas: 13 (that kinda makes sense)
Ohio: 8
California: 7
Florida: 7
Alabama: 5
Georgia: 5
Louisiana: 5
Michigan: 5
Virginia: 5
Indiana: 4
Tennessee: 4
Colorado: 3
Illinois: 3 (if you count Northwestern)
Kentucky: 3
Mississippi: 3
New York: 3
Oklahoma: 3
Pennsylvania: 3
South Carolina: 3
Utah: 3
Arkansas: 2
Iowa: 2
Kansas: 2
Massachusetts: 2
Nevada: 2
New Mexico: 2
Oregon: 2
Washington: 2
West Virginia: 2
Connecticut: 1
Idaho: 1
Minnesota: 1
Missouri: 1
Nebraska: 1
Wisconsin: 1
Wyoming: 1


Tuesday, October 22, 2024

 

And on Nov. 6....

 


As the election approaches, I'm seeing more signs that if Trump loses, he will try to contest the election. Again. 

First of all, that's a significant "if." The race seems to be a toss-up at the moment. But... yes, Trump may well win. And if he does, no one expects that the Democrats will substantially challenge the results unless something really hinky happens.

But if Trump loses, I don't doubt that he and his supporters will try to challenge the result. The landscape is very different than in 2020, though, because Trump is not the incumbent. He can run around filing suits again, but that did not work very well last time and probably won't this time, either.

More worrisome is that election officials in Trump-favoring places will aid the campaign to challenge the result. Across the country, MAGA enthusiasts have gained positions of power over the apparatus of the election, yes. But how would they then subvert the election-- by declaring the process they controlled to be compromised? 

Well, yeah, I suppose they could do that, but it would be a pretty tricky game...


Monday, October 21, 2024

 

On Childhood pets

 


Wow! There were a lot of great poems this week, on the topic of childhood pets. This was a favorite (though this cat sounds a little over-indulged):

Toilet water -- yum!
Ground beef on the counter -- yum!
Next: nap in sunshine.

Desiree had a traveling dog:

A traveling dog
was Topper. From Germany
to VA he roamed.

And this one traveled on its own volition:

Lhasa apso dog
Looked like mop without handle
Then he ran away

This anonymous entry was quite evocative:

My dog was named Boots
Because she had four white paws
She was a good dog

As was the follow-up dog:

New dog with no name
Mom said “she’s a smart Cookie”
And that was her name

Jill Scoggins, I wish I'd known this dog! (and I loved the description):

Dachshund Boopie had
but one skill: swallowing his
food whole in great gulps.

Why waste time chewing?
Too much to do. Gotta chase
squirrels. Gotta bark.

Gotta dig. Gotta
bark. Gotta sleep in the sun.
Gotta bark, bark, bark.

And, speaking of dachshunds, Tim had one:

Call him a dachshund
Or even a wiener dog
Either way it's Fritz

And Christine had a memory of not-a-dog-or-cat:

A pet canary
Scattered seed; an empty cage
sits in the basement

Name long forgotten
No doubt buried in backyard
Beneath the plum tree

And Dr. Daniel Price, we had a car with the same name:

Bessie. Calico
cat, named as one would a cow,
to mother's regret.

Sunday, October 20, 2024

 

Sunday Reflection: The (fake) Servant Leader



In Mark 10, we read this:

35 James and John, the sons of Zebedee, came forward to him and said to him, “Teacher, we want you to do for us whatever we ask of you.” 36 And he said to them, “What is it you want me to do for you?” 37 And they said to him, “Appoint us to sit, one at your right hand and one at your left, in your glory.” 38 But Jesus said to them, “You do not know what you are asking. Are you able to drink the cup that I drink or be baptized with the baptism that I am baptized with?” 39 They replied, “We are able.” Then Jesus said to them, “The cup that I drink you will drink, and with the baptism with which I am baptized you will be baptized, 40 but to sit at my right hand or at my left is not mine to appoint, but it is for those for whom it has been prepared.”
41 When the ten heard this, they began to be angry with James and John. 42 So Jesus called them and said to them, “You know that among the gentiles those whom they recognize as their rulers lord it over them, and their great ones are tyrants over them. 43 But it is not so among you; instead, whoever wishes to become great among you must be your servant, 44 and whoever wishes to be first among you must be slave of all. 45 For the Son of Man came not to be served but to serve and to give his life a ransom for many.”

Ah, isn't that a familiar story? A couple guys try to get a favored position, then others find out and are mad. 

Part of what is interesting here is that the story is about some seeking advantage (in the first paragraph) and others being upset at that (the second paragraph), but the lesson in the end is about... the nature of leadership! 

There has been, of course, a certain interest in "servant leadership," often among business leaders who make 100x more than their workers. That form of servant leadership too often involves everything except selflessness and sacrifice-- what Jesus was talking about. Servant leadership has to go beyond mere empathy for those you lead, if Jesus is your example. You have to literally walk their walk.

I often tell my students that when they do the most important thing in their life, there probably won't be a parade. Instead, you might be castigated, embarrassed, fired-- because doing great things usually challenges the status quo in some way, and imposes that sacrifice. 



Saturday, October 19, 2024

 

The Al Smith Dinner

 



Friday, October 18, 2024

 

Haiku Friday: Childhood pets

 




Ah, we all remember our childhood pet! Let's haiku about that this week, ok? Here, I will go first:

Chuck, the fine feline
Wandered all over the Shores
Girlfriend was aloof.

Now it is your turn! Just use the 5/7/5 syllable pattern and have some fun!

Thursday, October 17, 2024

 

PMT: The Final Approach

 


A tumultuous election season is coming in for a landing, and it is pretty scary out there no matter which side you are on. Nate Silver says that with a 2.8% national lead, there is a 50% chance that Kamala Harris will win the electoral college and become president. According to that expert (and most others) we are in pure tossup territory. All of the swing states have a margin of 1% or less except Arizona (which is 1.5% for Trump). 

A lot can happen between now and November 5, of course, but it is unclear if any of it will matter much. People are dug in, and there just aren't a lot of people out there who haven't made up their minds AND are likely to vote. The candidates are scraping around for any advantage.

In the end, one of two things will matter. First, there might be a bump one way or the other by news or circumstances, like Jim Comey's dumb announcement about Hillary Clinton's emails on the eve of the 2016 election. Second, there might be something that affects turnout, such as a storm that hits either the rural or urban part of a swing state. 

It's going to be close, unless the polls are terribly wrong-- and they probably aren't.


Wednesday, October 16, 2024

 

Impromptu Dance Party!

 Usually I am a big fan of an impromptu dance party! As noted on the Razor, I especially enjoy kitchen dancing.

But, it turns out some impromptu dance parties are just kinda weird. My favorite part of this one is how confused ND Governor Kristi Noem is by the whole thing (and this is a woman who murdered her puppy). At 4:00 of the clip below it gets a little cringy as it seems like maybe Trump is going to start slow-dancing with Noem to "It's a Man's Man's Man's World" and turn the weird up to 11. But... the whole thing is really something.




Tuesday, October 15, 2024

 

The Football Scene, College Version

 


Here is the preseason AP poll:
And here is the current AP poll:


Let's compare, shall we?

    -- First, note that Florida State started the season in the top ten. Now they are nowhere close: 1-5 with a bunch of losses still ahead of them.

    -- Next, you'll see that Alabama is about in the same place (#5 in August, #7 now). And what happened between then and now? They lost to Vanderbilt. In a football game. Then they almost lost at home to South Carolina. But, I guess they are still Alabama. (and they also beat Georgia).

    -- Oregon, Texas, Ohio State, and Georgia all started near the top, and are still there.

    -- Michigan started (as defending champs) at #9 and fell out of the top 20 (though they are #24) by losing two games: one to Texas and one to Washington.

    -- Utah looked good until it didn't, losing to both Arizona schools on consecutive weekends.

    -- And out of nowhere? Indiana! Go figure....


Monday, October 14, 2024

 

Poems on reading

 


[Photo provided by my friend Jon, who is really good at this AI image thing]

There were lots of great poems by some great Razor regulars!

We had know fewer than four from Jill Scoggins, who began with emotion:

I hate a book's end.
I grieve for the loss of those
I won't meet again.

Pivoted to current reading:

Reading Barbara
Jordan's bio. A woman
who made good trouble.

And ended with the truth:

Libraries, book stores
hold gold that takes you where you’ve
never been before.

IPLawGuy is the biggest reader I know, and it is great to hear him describe what he is reading at any given time. He started with a favorite author:

Edmund Morris wrote
Strange bios: "Dutch" (Reagan)
also "Edison."

Continued with a mystery:

"Skippy Dies," sad tale
Does anyone prevail or grow?
Story sticks with me.

And whipped back to an author:

Bernard Cornwell writes
historical tales of yore
"Pagan Lords," Vikings
Christine described her reading:  





On audio just
Finished reading "The Barn"
Where Emmitt Till died

Next up listening
To "The Warmth of Other Suns"
Southern migration

On my Kindle I
stick with a variety
of lighter reading.

And then described the Razor:

It appears many
Avid Razor readers try
Their hands at Haiku.

While Desiree batted clean-up with the feeling we readers all share:

Finished my book with
a smile, because now a new
adventure begins. 


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