What is an animal’s life worth?

“While the comparison between a pig and an inanimate object like a dented can may be heartless, it may not be far off from actual consumer behavior; we tend to implicitly treat farmed animals’ lives as if they’re as disposable as a dented can of beans or tomato sauce. Just look at our food waste crisis: The meat, dairy, and eggs from over 35 billion land and sea animals are thrown away each year in the US, and over one-third of that happens in our homes.”

“Reducing the suffering of billions of factory-farmed animals is so hard in large part because overcoming human nature is so hard; most people, when given the choice, will choose cheap, conventional meat over the more expensive organic variety (or plant-based versions, for that matter). That’s true even if they’re opposed to factory farming and have the means to spend more on food. Yet that meat isn’t magically cheap; animals pay for it with their suffering.”

“We want to believe that the animals we eat are treated “humanely” (a relative, subjective concept), but we don’t want to have to think about it too much or change our own behavior, in the form of spending more on meat or buying less of it.”

Democrats have the chance to prevent an economic calamity

“The US is currently projected to hit its existing debt ceiling sometime in 2023, according to the Bipartisan Policy Center. While raising the ceiling should be relatively straightforward, it’s become a contentious process — and an opportunity for the minority party to extract policy concessions or score political points. Both parties have used debt ceiling increases to their advantage, but Republicans have done so much more frequently in recent years.
In 2011, for example, Republicans balked on suspending the debt limit and refused to move forward until President Barack Obama agreed to key spending cuts, concessions they ultimately secured. The US got so close to default that year, however, that Standard and Poor’s downgraded the country’s credit rating.

Political experts note that this disagreement marked one of the first times it seemed like lawmakers were actually willing to go over the edge, despite the economic chaos that could ensue. Were the US to actually default, that would likely downgrade the dollar and lead to a recession.

While a default has never happened, Republicans’ behavior in 2011 — and their current rhetoric — suggests that they’re more open to the possibility and taking such fights to that point.

Democrats, including in the White House, are reportedly considering preempting this worst-case scenario by tackling the debt ceiling this winter, according to Axios. The White House has denied that such conversations are happening.

There are also still questions about what a debt ceiling bill could look like. While some lawmakers including Sen. Jeanne Shaheen (D-NH), and a group of prominent House Democrats, have expressed support for doing away with the debt ceiling altogether, others, like Biden and Sen. Bernie Sanders (I-VT), have opposed taking this route. That’s likely because such talks still offer an opportunity to evaluate spending, and because it could be a useful tool for Democrats should the GOP hold the White House and Congress.

In lieu of getting rid of the debt limit altogether, there’s been growing pressure on Democrats to consider increasing it to such a high value that there isn’t likely to be a standoff over the issue in the short term.”

Biden has ambitious infrastructure goals. Made-in-America rules could slow them.

“The $1 trillion infrastructure law passed last year expanded Buy America rules, which require state and local agencies to buy certain materials made in the United States for federally funded infrastructure projects. Rules that iron, steel, and manufactured products be made in America have been in place for decades, but they’ve traditionally applied to transportation and water-related projects, such as highways, rail, and public transit.
The Infrastructure Investment and Jobs Act’s new rules broadened the scope of goods that have to be produced in the United States by creating a new category for “construction materials.” It also expanded the types of infrastructure projects subject to the requirements to permanently include housing, broadband, and new programs for electric vehicle charging projects for the first time.”

“many state and local officials across the country say the new rules could delay much-needed infrastructure projects and significantly drive up costs amid the fastest inflation in 40 years. Some say they’re already struggling to deal with supply-chain disruptions that have emerged during the pandemic and worry that material shortages could worsen if they’re limited to domestic manufacturers. Higher costs could also lead to fewer projects and soften the impact of the package”

Lindsey Graham’s surprisingly complex Supreme Court case about Trump’s Big Lie, explained

https://www.vox.com/policy-and-politics/2022/10/28/23425364/supreme-court-lindsey-graham-donald-trump-big-lie-georgia-fulton-county-fani-willis

Joe Biden just signed an international climate treaty. And Mitch McConnell voted for it.

“President Joe Biden signed a bona fide international climate treaty…one that was ratified in the Senate with bipartisan support in a 69-27 vote. Twenty-one Republicans supported ratification in September, including Minority Leader Mitch McConnell.”

“If fully implemented, the measure would avert upward of 0.5 degrees Celsius — almost 1 degree Fahrenheit — of warming by the end of the century. Keeping in mind that the Paris climate agreement aims to hold the rise in global average temperatures below 2 degrees Celsius, the Kigali Amendment would take a big step toward that goal. And it builds on one of the most successful efforts to prevent an environmental disaster in history.”

“Countries around the world convened to try to solve the problem, and in 1987, developed the Montreal Protocol. It was the first treaty to be ratified by every country in the world. Countries began to phase out CFCs entirely. And it worked. The ozone layer is on track to heal entirely. By 2065, the Montreal Protocol is estimated to have prevented 443 million skin cancer cases, 2.3 million skin cancer deaths, and more than 63 million cases of cataracts in the United States alone, according to the State Department.”

“There was an unanticipated problem as well. CFCs were replaced with another class of chemicals called hydrofluorocarbons (HFCs) in many applications. While HFCs aren’t as damaging to the ozone layer, they are powerful greenhouse gases. The Kigali Amendment, drafted in 2016, aims to zero out HFCs as well.”

“why did so many Republicans back Kigali when they’ve criticized just about every other major international environmental agreement? Recall that many Republican lawmakers cheered when then-President Trump began the process of withdrawing the US from the Paris climate accord.
Part of the reason for Kigali’s success may be that conservative stalwarts Margaret Thatcher, a former chemist, and Ronald Reagan, a skin cancer survivor, were framers of the initial Montreal Protocol.

Another is that the amendment comes packaged with solutions. There are already climate-friendly refrigerants on the market, and appliance manufacturers are eager to deploy them. Some lawmakers see this as an opportunity to play to the US’s strengths.

“This amendment will give American manufacturers the ability to continue exporting sustainable coolants and the products that depend on them,” said Sen. John Kennedy (R-LA) in a statement. “Not only does this create tens of thousands of jobs here at home, it protects our markets from becoming a dumping ground for China’s outdated products.””

We’re in a new era of attacks on political leaders

“Ahead of the 2020 election, there was increasing concern about political violence perpetrated by the far right, fears that cascaded following the January 6, 2021, attack on the US Capitol. Since then, members of Congress, judges, and other public officials have faced pointed threats of violence, often from those espousing extremist ideologies.
Pelosi’s attacker subscribed to such beliefs, blogging about antisemitism, anti-Democrat and pro-Trump musings, conspiracy theories about pedophilia, and anti-white racism, as the New York Times reported.

That line of thought, and the way it’s disseminated, are key parts of what’s changed about political violence in recent years. The proliferation of social media — and its use by former President Donald Trump, his acolytes, and those with extremist far-right views — has deepened existing polarization. In part, that’s because consistent contact with extremist messaging on those platforms can make individuals more likely to justify immoral actions, research from Nathan P. Kalmoe and Lilliana Mason has found.

All that has contributed to the uptick in violent threats against political leaders.”

“Threats of political violence have increased tenfold in the five years since Trump’s election, with 9,625 incidents documented in 2021”

“A key source of this vitriol is the demonization of one’s political opponents. That makes people already predisposed toward this kind of behavior more likely to act”

“stochastic terrorism, or violent events which are not individually predictable on their own, but reliably occur due to seeding by a trusted leader.”

Consumers, not corporations, saved the power grid. What else can we do?

“when added up, thousands of small actions, like switching off lights during a heat wave, buying efficient appliances, or voting for politicians who will act on climate change, can become a larger force than what governments and businesses can muster on their own. Put another way, a comprehensive approach to climate change demands actions, both large and small.
“It’s a mistake to only focus on governments and big companies,” said Paul Burger, head of the sustainability research group at the University of Basel, who studies consumer decisions on energy. “It’s also a mistake to only focus on individuals.””

The messy true story of the last time we beat inflation

“The monetary tightening inaugurated by Volcker was one part of an entire deflationary policy repertoire that also included union-busting and the creation of a global supply chain to hold down the costs of labor, components, and commodities.”

“The Fed might be able to choke off credit to slow investment and job creation, but it can’t create the real-world political, legal, and logistical systems that in the past have kept prices down even amid economic growth.
To truly tame prices, we can’t just turn off the money hose. We have to plan for more concrete long-term solutions to a lack of labor, commodities, and goods.”

“Volcker’s shock and central bank independence happened at the same time as Ronald Reagan’s anti-union effort; the emergence of New Democrats like Jimmy Carter and Bill Clinton, who were less sympathetic to organized labor than their New Deal and Great Society forebears; and the collapse of union membership across almost every sector of the economy except government. Volcker and his central banker colleagues were keenly aware of the importance of union power to increasing wages: The minutes of Fed meetings show that these policymakers fixated on the ability of unions to set wages even after many academic economists had moved on from the subject.”

” Just as Volcker’s rate hikes coincided with a bipartisan anti-union push, so the rise of central banks paralleled the acceleration of globalization and the creation of a world-spanning super-efficient “just in time” supply chain. New logistics infrastructure, trade deals, and methods of inventory management allowed firms to get cheap commodities and components from the other side of the world astonishingly quickly. Globalization also reinforced the attack on unions, since it allowed businesses to move factories to countries with weaker labor laws, humbling labor leaders of industrialized economies. After the 1980s, and especially after the fall of the Soviet Union, markets began to integrate many formerly communist countries with large, well-educated — but poorly paid — workforces and ample natural resources. The creation of global supply chains depended in large part on a relatively calm geopolitical scene, with no serious confrontations between “great powers,” who generally seemed to be on the same page regarding globalization.”

“It’s this model of globalization that is currently breaking down, leading to volatile rising prices. As anyone who has ordered a piece of furniture in the last two years can tell you, “just in time” has become a thing of the past. Instead of speedy manufacturing getting imported from any nation on earth, now we import their supply chain bottlenecks, as, say, plumbing component manufacturers in China hamstrung by that country’s “zero-Covid” policy hold up house completions in the United States.

While supply chain bottlenecks were widely predicted to ease in 2022, geopolitics got in the way. The Russian invasion of Ukraine and subsequent economic retaliation rocked global energy supplies, a particularly troubling economic disruption since energy is a vital component of nearly every product, and further poisoned relations between wealthy Western countries and Russia’s key ally, China, where so much of the stuff Americans buy is made. Instead of getting more cheap electronics from China, the world’s second-largest economy, the US is sanctioning the chip industry there.

If the Federal Reserve is largely removed from the internal dynamics of the labor market, it has even less to do with foreign policy and geo-strategic maneuvering.”

“We don’t want policymakers to make the mistake of fighting the last war. If we leave inflation up to the central bankers rather than continuing the push for coordinated investments in cost-saving renewable energy and dense housing, or policies that reverse the shrinkage of the labor supply since the pandemic, we won’t so much beat inflation as resign ourselves to a poorer, less-resilient future.”