When asked about the whistleblower complaint on Sept. 22, Secretary of State Mike Pompeo said he didn’t know anything about the call. Yet reports yesterday showed Pompeo listened in on the July 25th call. Aired on 10/01/19.
Days of Fear, Years of Obstruction
What the crisis called for, then, were policies to boost spending, to offset the effects of the housing bust. But the normal response, cutting interest rates, wasn’t available, because rates were already near zero. What we needed, instead, was fiscal stimulus: increased government outlays and tax cuts for lower- and middle-income families, who would be likely to spend them.
And we did indeed get substantial stimulus. But it wasn’t big enough, and even more important, it faded out much too fast. By 2013, with unemployment still above 7 percent, government at all levels was providing barely more economic support than it had in 2007, when the housing boom was still running strong.
.. But the most important reason the great slump went on so long was scorched-earth Republican opposition to anything and everything that might have helped offset the fallout from the housing bust.When I say “scorched earth,” I’m not being hyperbolic. Let’s not forget that in the summer of 2011 Republicans in Congress threatened to provoke a new financial crisis by refusing to raise the debt limit. Their goal was to blackmail President Barack Obama into cutting spending at a time when unemployment was still 9 percent and U.S. real borrowing costs were close to zero.
.. The very same politicians who piously declared that America couldn’t afford to spend money supporting jobs in the face of a deep, prolonged slump just rammed through a huge, deficit-explodingtax cut for corporations and the wealthy even though the economy is currently near full employment. No, they haven’t abandoned their commitment to fiscal responsibility; they never cared about deficits in the first place.
.. So if you want to understand why the great slump that began in 2008 went on so long, blighting so many American lives, the answer is politics. Specifically, policy failed because cynical, bad-faith Republicans were willing to sacrifice millions of jobs rather than let anything good happen to the economy while a Democrat sat in the White House.
Maggie Haberman: Why I Needed to Pull Back From Twitter
complained to a close friend that I hated being on Twitter. It was distorting discourse, I said. I couldn’t turn off the noise. She asked what was the worst that could happen if I stepped away from it.
There was nothing I could think of. And so just after 6 p.m. last Sunday, I did.
.. After nearly nine years and 187,000 tweets, I have used Twitter enough to know that it no longer works well for me. I will re-engage eventually, but in a different way.
.. Twitter has stopped being a place where I could learn things I didn’t know, glean information that was free from errors about a breaking news story or engage in a discussion and be reasonably confident that people’s criticisms were in good faith.
.. The viciousness, toxic partisan anger, intellectual dishonesty, motive-questioning and sexism are at all-time highs, with no end in sight.
.. It is a place where people who are understandably upset about any number of things go to feed their anger, where the underbelly of free speech is at its most bilious.
.. Twitter is now an anger video game for many users. It is the only platform on which people feel free to say things they’d never say to someone’s face.
.. During the 2012 campaign, the first during which Twitter was widely used by journalists and campaign aides, I became something of a scold to younger reporters who I thought misused the medium.
.. Pictures of themselves at events, inside jokes and conversation fragments were all there for the world to see. They should treat their feeds like news platforms, I huffed
.. But Twitter has a staccato allure for those of us who need frequent inputs and have grown accustomed to them in the Trump era, with news cycles that last roughly three hours.
.. Many pointed out errors, but most did it respectfully, and I was appreciative.
.. But the medium has changed. Everyone I follow on the site seems to be tweeting more frequently, so I had to check in more frequently. No matter the time of day or night, I felt like I had to plug back into the Matrix, only to be overwhelmed by the amount of content.
.. instead of engaging in thoughtful debates, I found myself spending an increasing amount of time explaining an errant word or a poorly phrased tweet, and coming off defensive as I did it.
.. On Twitter, everything is shrunk down to the same size, making it harder to discern what is a big deal and what is not.
.. Tone often overshadows the actual news. All outrages appear equal. And that makes it harder for significant events — like Mr. Trump’s extraordinarily pliant performance with President Vladimir Putin of Russia — to break through.
.. More significant is the way Mr. Trump has tried to turn everyone around him, including the journalists who cover him, into part of his story.
And people on Twitter have started to react to me in that same way, treating me as if I am a protagonist in the president’s narrative.
.. He creates the impression that the media is almost as powerful as he is in his incessant, personalized attacks on reporters on Twitter.
.. Twitter is a useful and important platform. It’s a good aggregator for breaking news.
.. The downside is that everyone is treated as equally expert on various topics.