Chart Humor
From here. Given how often this happens in the media, it almost is not even funny.
Dispatches from District 48
Archive for December 2014
From here. Given how often this happens in the media, it almost is not even funny.
Update: I have posted an update with a side by side chart comparison here.
Last year, Kevin Drum wrote what I believe was the cover story of the September / October issue of Mother Jones (I read the online edition so exactly how the print version is laid out is opaque to me). That article, entitled "It's the Austerity, Stupid: How We Were Sold an Economy-Killing Lie" features this analysis:
He described the chart as follows:
In the end, for reasons both political and ideological, Obama decided that he needed to demonstrate that he took the deficit seriously, and in his 2010 State of the Union address he did just that. "Families across the country are tightening their belts," he said, and the federal government should do the same. To that end, he announced a three-year spending freeze and the formation of a bipartisan committee to address the long-term deficit.
The Beltway establishment may have applauded Obama's pivot to the deficit, but much of the economic community saw it as nothing short of a debacle. Sure, there were still a few economists who believed that even in a deep recession government spending merely crowded out private spending and thus did no good, but they were a distinct minority. Most economists acknowledged that deficit spending was appropriate at a time like this. Paul Krugman fumed that Obama was cravenly trying to score political points by doing a "deficit peacock-strut" that would be destructive in the wake of the financial crisis. Mark Zandi, a centrist economist who has advised leaders of both parties, used more judicious language, but likewise warned that spending cuts might "cost the economy significantly in the longer run."...
Taken as a whole, these measures have cut the deficit by $3.9 trillion over the next 10 years. And that doesn't even count the expiration of desperately needed stimulus measures like the payroll tax holiday and extended unemployment benefits.
This was unprecedented, as the chart above shows. After every other recent recession, government spending has continued rising steadily throughout the recovery, providing a backstop that prevented the economy from sliding backward. It happened under Ronald Reagan after the recession of 1981, under George H.W. Bush after the recession of 1990, and under George W. Bush after the recession of 2001. But this time, even though the 2008 recession was deeper than any of those previous ones, it didn't.
I thought the choice of baseline dates for his charts was deceptive, but never-the-less for the moment lets accept this at face value. Make sure to take a note of the red line, which is the current recession, and the brown line, which was the recovery from the recession in the late Clinton / early Bush years. By Mr. Drum's earlier analysis, the earlier 1990 recession was better handled than the current one (against his Keynesian assumptions) by the government continuing to increase spending after the recession to keep the recovery going. The point of Drum's earlier article was to say that Republicans in Congress were sinking the current economy by not increasing spending as was done after these earlier recessions.
So this is what Drum published the other day, I think based on a Paul Krugman article.
But I think Krugman undersells his case. He shows that the current recovery has created more private sector jobs than the 2001-2007 recovery, and that's true. But in fairness to the Bush years, the labor force was smaller back then and Bush was working from a smaller base. So of course fewer jobs were created. What you really want to look at is jobs as a percent of the total labor force. And here's what you get:
The Obama recovery isn't just a little bit better than the Bush recovery. It's miles better. But here's the interesting thing. This chart looks only at private sector employment. If you want to make Bush look better, you can look at total employment instead. It's still not a great picture, but it's a little better:
Awesome, Kevin! So I guess that austerity you were complaining about was the right thing to do, yes?
Seriously, in his article a year ago Drum argued that the Republicans in Congress were sinking the economy vis a vis the 1990 recession by not continuing to boost spending in the years after the recession. Now, he admits (though since he does not refer back to the original article I guess it is not an admission per se) that this "austerity" led to a stronger recovery than the spending-fueled 1990 version. All hail smaller government, the solution to growing employment!
PS- I wonder how much of this change in private employment since the last recession came in the oil and gas industry, whose expansion the Left generally opposes? Well, they'll bash on oil tomorrow but today, they will take credit for the jobs added.
Update: Here are the two charts combined, with other recessions removed and the colors on the data series set to match (click to enlarge)
It's as simple as this: Republicans fetishize the police (like they do the military) and will always give them the benefit of the doubt. They have this gauzy teary-eyed love of the police. Just watch Megyn Kelly on Fox to get the idea. Democrats are allied with public unions and will not under any circumstances take on the powerful police unions who fight any attempt at accountability tooth and nail, a behavior Democrats have become habituated to enabling for other unions like the teachers unions.
The issue is mostly about giving police accountability that matches the special powers over the use of force we give them. But it is also about racism. It just burns me up to have folks in power point to the business world constantly for supposed institutional racism, when in fact I witness very little if any day to day. The one institution I see that clearly has elements of institutional racism are many police forces, but no one will touch them.
Every year there are hundreds of police shootings and the number that are determined not to be justifiable rounds to zero. What are the odds there is a process involving humans with this small of a Type I error rate? We are learning form cell phone cameras that the stories we used to believe from police officers about events are often total bullsh*t. And yet still police are not held accountable even when there is horrific video evidence showing them out of control.
At the drop of a hat, at the smallest hint of a single example of a bad outcome, the government will not hesitate to impose enormous new restrictions on private individuals. But even with the most overwhelming evidence the government will not put even the lightest restrictions in itself or its employees.
I have always shied away from my fellow libertarians on the anarcho-capitalist end of things who wanted to privatize the police force. I always thought use of force to be a unique privilege and one dangerous to hand out to private groups. But I am starting to see that I was thinking about it wrong. It is a dangerous power to give to anyone, but at least if you give it to a private party someone might possibly exercise a little accountability over them.
Walter Olson has a good roundup of police and lethal force here.
Postscript: Here is an example of what I mean: The Obama Administration has imposed significant rules on universities to bring greater accountability to sexual assailants when it was perceived that the universities did not impose enough accountability on such predators. I think the Administration has gone overboard in stripping away the accused due process protections and handing justice to people who will not manage the process well, but its the seriousness of this effort I want to point out. While I don't think the Administration's actions were appropriate to colleges, they would represent an entirely appropriate response to police violence. Someone needs to step in and enforce some accountability.
In my review of my Droid Turbo, I mentioned in passing that I was frustrated by how slippery a lot of cell phones were. I was in the Verizon store the other day killing time while they fixed something on my kids' phone, so I tried holding a bunch.
The slipperiest by far were the HTC One M8 and the LG G3. Both, probably not coincidentally, get high marks for being attractive due to their metal or faux metal backs, but the same backs make them like a wet bar of soap to hold. You can put a no slip case on them of course, but then if you are going to put them in a case, why buy a phone that is promoted in large part on its looks?
My Droid Turbo is OK, with no slip surface around the edges but a very slick back, at least the nylon back one I have.
The Galaxy S5 is better than average. Its back gets a lot of grief for being ugly, but it will not slide around in the hand and is comfortable to hold.
Until this week, the no-slip champion for me was the Moto X with the bamboo case (it is real wood veneer, not some plastic fake thing). It looks good to my eye and it is very grippy in the hand.
But there is a new champion. I tried the Moto X with the new football leather backing (again, real football leather). This thing is not going to slide out of your hand (unless maybe if you are Jay Cutler). The looks are ... different, but I could get used to it. Phones for me are a convenience item, not a fashion item. The Moto X's only problems are a small battery and a camera that is a bit weak. Which is why I bought the Droid Turbo, which is a very similar phone but with a bigger battery. Just wish they had all the cool Moto Maker options the Moto X has.
During the period that Occupy Wall Street was making the news, I often said that I agreed with many of their problem diagnoses but absolutely disagreed with their proposed solutions. They, like I, decried the abuse of government power via Cronyism by private parties, e.g. protection and bailout of Wall Street bankers. Their solution, though, to increase government power never made any sense to me.
Here is Michael Huemer via Don Boudreaux:
Predatory behavior does not occur merely because human beings are selfish. It occurs because human beings are selfish and some human beings are much more powerful than others. Powerful, selfish people use their positions to exploit and abuse those much weaker than themselves. The standard solutions to the problem of human predation all start by cementing the very condition most likely to cause predatory behavior – the concentration of power – and only then do they try to steer away from its natural consequences. The alternative is to begin with an extreme decentralization of coercive power.
Three cheers for Koch Industries:
“We oppose ALL subsidies, whether existing or proposed, including programs that benefit us, which are principally those that are embedded in our economy, such as mandates,” wrote Philip Ellender, president Koch’s government affairs division, in a Wednesday letter to members of Congress.
Ellender singled out the wind production tax credit as particularly deleterious. But unlike that provision, some of the tax breaks included in the House package benefit activities in which Koch and its subsidiaries are heavily invested.
Koch subsidiary George Pacific, for instance, qualifies for a tax break for the production of cellulosic biofuels. Another subsidiary, Flint Hills Resources, operates biofuel production facilities that could benefit from another of the provisions.
Those tax breaks could improve Koch’s bottom line, but the company sees federal tax preferences in general as economically harmful.
“Koch doesn’t view these as ‘benefits’ even if they are in industries we’re in,” explained a source familiar with the company’s public affairs strategy. “They are wasteful and market distorting, and allow other firms to run businesses that aren’t making money any other way.”
Watching too many TV crime shows will blind you to a stark reality: Witness testimony sucks. Look at the linked comparison of witness testimony in the Michael Brown shooting grand jury. Take any column, like the last one with number of shots fired. Its a total mess!
When videos emerge of police brutality, police defenders often say that video can lie. But I would argue that it is a hell of a lot better witness than the average person. My guess is that police like this kind of variation in witness testimony, because they know that in most, perhaps all, cases, they will be given the benefit of the doubt when the testimony conflicts.
In campaigning for the Presidency, Obama made it clear that he thought that much of the violence and hatred directed at Americans was self-inflicted -- ie our often ham-fisted, aggressive interventionism in the affairs of other countries, frequently backed by military force, was aggravating the world against us. If we stopped, the violence against us would stop.
I rate this as partially correct and partially naive. As the richest state in the world, one whose culture pours into other countries to the dismay of many of the local elites, we will always earn the ire of many. But we certainly have made it worse with our actions.
But this just makes it all the more frustrating to me to see Obama's continued support, even acceleration, of the drone war. I am not sure there is any other practice that emphasizes our arrogant authoritarian militarism than the drone war. Americans are not used to a feeling of helplessness, so it is perhaps hard to fully empathize. But imagine the sense of helplessness to watch American drones circling above your city, drones you can't get rid of or shoot down, drones that lazily circle and then bring death from above almost at random. I can't think of any similar experience in recent western experience, except perhaps the V2 rocket attacks on London in WWII.
The Obama Administration claims that these are clean, surgical tools without any collateral damage. They do this by a rhetorical slight of hand, essentially defining anyone who is killed in the attacks ex post facto as being guilty.
As is often the case with government activities, it is worse than we thought:
Via the British group Reprieve comes a report asserting that U.S. drones in Yemen and Pakistan kill 28 "unknowns" for every intended target. What's more, "41 names of men who seemed to have achieved the impossible: to have ‘died,’ in public reporting, not just once, not just twice, but again and again. Reports indicate that each assassination target ‘died’ on average more than three times before their actual death."
So much for the precision of drone strikes, which promise a future of war in which civilians and other forms of collateral damage are spared ruin and destruction. As President Obama said in 2013, by "narrowly targeting our action against those who want to kill us, and not the people they hide among, we are choosing the course of action least likely to result in the loss of innocent life.”
Well, sort of. From the Reprieve report:
As many as 1,147 people may have been killed during attempts to kill 41 men, accounting for a quarter of all possible drone strike casualties in Pakistan and Yemen. In Yemen, strikes against just 17 targets accounted for almost half of all confirmed civilian casualties. Yet evidence suggests that at least four of these 17 men are still alive. Similarly, in Pakistan, 221 people, including 103 children, have been killed in attempt sto kill four men, three of whom are still alive and a fourth of whom died from natural causes. One individual, Fahd al Quso, was reported killed in both Yemen and Pakistan. In four attempts to kill al Quso, 48 people potentially lost their lives.
From Reason: (emphasis added)
Actress Veena Malik was sentenced this week to 26 years in prison by a Pakistani court for reenacting her wedding with her husband on a morning TV show. Her husband, Asad Khattak, as well as Mir Shakil-ur-Rahman, the owner of Geo TV, which aired the program, and Shaista Whidi, who hosted it, all received 26 year sentences as well.
The program caused controversy when it first aired several months ago, leading the TV station to run apologies in Pakistani newspapers. The court primarily objected to the use of religious music in the mock wedding. "The malicious acts of the proclaimed offenders ignited the sentiments of all the Muslims of the country and hurt the feelings, which cannot be taken lightly and there is need to strictly curb such tendency," the court ruling said.
More street car craziness. I love the phrase "modern street car". Like an up-to-date stagecoach.
Despite mounting construction costs and uncertainty over federal funds, Tempe is still seeking to be the Valley's first city with a modern streetcar system traveling through its downtown.
...
Valley Metro executives Steve Banta and Wulf Grote reviewed the project with the Tempe City Council this month.
The new alignment has lengthened the route from 2.6 miles to 3 miles and increased costs. The cost range is now $175 million to $200 million depending on the type of vehicle technology used.
First, there is no way it comes in for these numbers, but even accepting the mid-point of their estimates this is $62.5 million a mile or $11,837 per foot. Of course there is also the operating cost, which will certainly lose money since there is no way people are going to pay much for a maximum 3 mile ride. My prediction is that they will sell the project promising that there will be a fare that helps cover costs but they will drop the fare quickly once implemented (because no one will ride this thing unless it is free). And and don't forget the cost of the loss of an entire lane of roadway each way to the trains.
Just consider how much less 4 buses running in a 3-mile circle would cost, and they would only consume a tiny fraction of the existing road capacity, rather than taking up an entire lane just for themselves. This is just a huge upper-middle class subsidy, a special favor to rich people who think buses are too low class to ride but are OK being seen on a train. Madness.
My best guess is that these kinds of projects have become prestige projects for government officials. This is the way they show off to each other and act as a portfolio for them to seek larger jobs in bigger cities.
Kevin Drum has some sensible thoughts on Ray Rice, discipline and the NFL -- "Sensible" defined in this case as largely mirroring my own:
Ray Rice committed a crime. We have a system for dealing with crimes: the criminal justice system. Employers are not good candidates to be extrajudicial arms for punishing criminal offenders, and I would be very, very careful about thinking that they should be.
Now, I'll grant up front that the NFL is a special case. It operates on a far, far more public level than most employers. It's a testosterone-filled institution, and stricter rules are often appropriate in environments like that. Kids take cues from what they see their favorite players doing. TV networks and sponsors understandably demand a higher level of good behavior than they do from most employers.
Nevertheless, do we really want employersâeven the NFLâreacting in a panic to transient public outrage by essentially barring someone for life from ever practicing their craft? Should FedEx do that? Should IBM do that? Google? Mother Jones? Perhaps for the most serious offenses they should, and it's certainly common to refuse to hire job candidates with felony records of any kind. (Though I'll note that a good many liberals think this is a misguided and unfair policy.) But for what Ray Rice did?
I just don't know about that. Generally speaking, I think we're better off handling crimes through the criminal justice system, not through the capricious judgments of employersâmost of whom don't have unions to worry about and can fire employees at a whim. I might be overreacting, but that seems like it could become a dangerous precedent that hurts a lot more people than it helps.
I agree 100%. The NFL was simply insane to venture into the role as a shadow legal system to apply punishments based on their investigation and judgement in parallel with those of the legal system. They would have been much better off simply establishing a schedule of internal penalties that were based on the outcomes of the legal system.
That being said, I wish other writers on the Left would read Drum's column and ask themselves why this same logic wouldn't apply to colleges as well. It is unbelievable to me that Liberals of all people -- who have largely defended due process rights in the legal system for years against Conservative attempts to trim them -- would suddenly wage a campaign to substitute kangaroo courts run by university administrators in the place of normal police and judicial procedures for crimes as serious as rape. I am historically skeptical of the legal system and the people in it, but all of these problems would only be worse trying to have a bunch of amateurs at universities setting up a parallel system.
There is certainly a problem to be solved -- though the 1 in 5 statistic is completely bogus and exaggerated -- but the diagnosis of the problem has been all wrong. The problem is that Universities have historically created internal police forces and disciplinary processes for the express purpose of protecting their students from the normal legal system. This is a practice and tradition that goes all the way back to the Middle Ages. And it worked fine, at least as far as I am concerned, when the University was protecting students from marijuana or underage drinking busts by town police.
But institutions develop a culture, and the culture of university disciplinary processes has been to 1. keep the student out of the legal system and 2. get the student to graduation. I have friends who have been kicked out of top universities a few times, but the University in the end bent over backwards to take them back and get them over the finish line.
So it is disappointing, but not surprising, that universities approached more heinous crimes with this same culture and mindset. And some egregious sexual assaults got swept under the rug. Again, I think some folks are exaggerating these numbers by assuming there are tens or hundreds of these cases for every one we hear about. But we can agree on the core fact, I think, that the typical college disciplinary culture of protecting students from the legal system has failed some victims of sexual assault.
But this is where everyone seems to be going off track. The Obama Administration solution for this problem is to demand that universities develop more robust fact-finding and disciplinary processes for such felonies, and remove procedural protections for the accused as a way to offset the historic university culture to go to far in protecting wrongdoers.
This is nuts. Seriously. Given the set of facts, a far simpler solution, fairer to both accused and victims, would have been for the Obama Administration simply to demand that Universities hand over evidence of crimes to police and prosecutors trained to know what to do with it. If the University wants to take special steps to get victims help coping with their recovery using University resources, or help victims and the accused who are University students cope with the rough edges of the legal process, great.
Postscript: Another problem is that punishments meted out by universities are going to always be wrong, by definition. Let's say a student is accused of rape and kicked out. Two possibilities. If he is innocent of the charge, then he was punished way too much. If he was guilty, if he really raped someone, he was punished way too little -- and by the University screwing around with it and messing up the chain of evidence and taking statements without following the correct process, they may have killed any chance of a conviction in the legal system. The current process the Obama Administration is forcing punishes the innocent and protects the truly guilty.
I saw two statements written about economics over the weekend that could easily have been written about climate as well. These are both complex systems where researchers try to link one output variable (e.g. global average surface temperatures or economic growth) to one input variable (e.g. CO2 or government spending).
Via Cafe Hayek, here is Bob Gelfond discussing Keynesian multiples
When it comes to the “evidence” demonstrating the magic of the Keynesian Multiplier, what we see, in fact, is merely careful curation of statistical flukes on a grand scale over decades. Economist Ryan Murphy, who runs a project called govtmultiplier.com that attempts to catalog scholarly measurements of the Keynesian Multiplier, has categorized and analyzed 128 papers on the subject. Only four papers even attempt to include this kind of statistical test, and none of these validate the original results, meaning simply that none of them prove the Keynesian Multiplier actually leads to more dollar-for-dollar economic growth. And this is after these models are ginned up to make their theory look as good as possible. If attempts to employ macroeconomics purport to be science, they must boldly make predictions about the future, not rummage around for convenient data from the past. But no peddler of the Keynesian Multiplier has been able to make demonstrable predictions borne out by the test of time.
Morgan Housel on economic data, but applies to climate without changing a word.
Ideally we’d have 500 years of unimpeachably perfect data. In reality we have about 50 years of so-so data. If we had the former, we’d learn that so much of what we’ve learned from the latter is wrong and incomplete.
Update: Here is a third bit from Arnold Kling in the same vein:
Sometimes, I think that there are macroeconomists (Krugman is not the only one) for whom there is no path of economic variables that could ever contradict their point of view. They remind me of the climate scientists who tell us that Buffalo’s Snowvember came from global warming.
Macroeconomics is infinitely confirmable because of its high causal density and lack of controlled experiments. The macroeconomist has enough interpretative degrees of freedom to twist any pattern of economic activity to fit his or her priors.