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Cake day: June 13th, 2023

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  • “On the one side, you have the one school that is showing Harris with a lead but leading by unbelievable numbers, Peter,” he said. “That’s a fact, you know. […] And then really an edge that is not — is never going to materialize.” Baris claimed that conservative polls showed that Trump was tied or had a “believable” edge against Harris. “And when you look at the track records of the pollsters in those two courts, right in those two camps, really, you know the ones who are showing the tighter race with Trump with an advantage, have better track records,” he insisted.

    So when he says “that’s a fact”, he’s trying to say it’s a lie.








  • I think the underlying dynamic there is that automation in one industry led to cheaper goods, which led to consumer savings, which led to greater demand, which led to increased employment in other industries that eventually absorbed the displaced workers.

    The differences with the current situation are that, firstly, decades of corporate consolidation have reduced competition and enabled automators to channel most of the savings to corporate profits instead of lower prices; and secondly, the fact that automation is affecting the whole economy at once instead of a specific industry means that an economy-wide increase in demand doesn’t cause a corresponding increase in the demand for labor.