Well, at least the WaPo editorialists are noticing Maine’s race to the top on taxes. (WaPo gifted link)
Leading off with a loaded question:
Is Maine Gov. Janet Mills (D) a millionaire’s tax convert — or is she just worried about losing her next race to a far-left political novice?
Gov. Janet was wary in the past about boosting Maine's tax burden further. (As pointed out yesterday: by one measure, it was already fifth-highest among the states.)
But that was then. She signed the "Millionaire's Tax" into law on Friday. And:
Mills currently lags political newcomer Graham Platner in the polls, and the rookie candidate has seemingly inspired his opponent toward even more fiscal irresponsibility: Mills threatened not to sign the budget unless it includes $300 “affordability checks” bankrolled by the state’s rainy day fund.
Maine’s governor has spent decades in elected office. Yet for all her political experience, she is making the classic mistake of trying to replicate her opponent rather than be herself. Her socialist challenger will always be able to outbid whatever fiscally irresponsible plan she proposes.
Better to run as an adult than try to mimic someone whose politics are as sophisticated as a college student who just got back from a semester abroad.
The AI summary of comments on the editorial contains the expected demonization: "Many comments criticize the Washington Post's editorial stance, suggesting it aligns with the interests of billionaires like Jeff Bezos, who allegedly oppose higher taxes on the wealthy."
Also of note:
-
The long-awaited sequel to Cats? Well, probably not. Kevin D. Williamson provides advice to a has-been grifter: Beware the Stranger, Professor Kendi. (archive.today link)
It's a sort-of take-no-prisoners review of Ibram X. Kendi's latest book, Chain of Ideas: The Origins of Our Authoritarian Age, Amazon link at your right.
Americans could use someone to do what it is Prof. Kendi seems to want to do, but doing it in a constructive way is going to require a more open, more genuinely liberal, and more humane approach to the tangle of human affairs than what is on offer in this book. Prof. Kendi often seems not to have so much an idea as an enemies list, and, even though some of his enemies deserve to be all of our enemies, that is not enough. The job at hand will require someone who can answer T. S. Eliot’s question:
When the Stranger says: “What is the meaning of this city ?
Do you huddle close together because you love each other?”
What will you answer? “We all dwell together
To make money from each other”? or “This is a community”?
Oh my soul, be prepared for the coming of the Stranger.
Be prepared for him who knows how to ask questions.(The Portsmouth (NH) Public Library has a copy of Kendi's book, of course, and I might give it a try.)
-
You'll get tired of all the booming. David Harsanyi takes the Milei-haters to school: Argentina Is Booming.
In 2023, over 100 leading economists from around the world, including progressive darling Thomas Piketty, signed a letter warning that "far-right" Argentine presidential candidate Javier Milei's policies, which were "rooted in laissez-faire economics," would cause "devastation," spike inflation, expand poverty and worsen unemployment.
Celebrated economists never penned any open letters warning that the preceding Peronists' or Kirchnerists' perverse blend of fascism, socialism and unionism would drive Argentina — once one of the world's wealthiest nations — into destitution, unemployment, soaring inflation and bankruptcy.
But that's how it always goes.
And you'll never believe what happened next!
-
They're over there, behind the fat guy buying Coca-Cola with his EBT card. Nick Gillespie asks the musical question: Why Is It So Damn Hard To Find Sympathetic Student Loan 'Victims'?
Is any subgenre of journalism more debased and alienating than the student-loan sob story? If paying for college with heavily subsidized, federally backed loans was in fact the cause of the new, universal serfdom we hear so much about, you'd think that places like The New York Times would be able to scare up highly sympathetic young adults who tug at readers' heartstrings like orphans in a Dickens novel.
Instead, in stories like last week's "Student Debt Burdened Them, So They Moved Abroad and Stopped Paying," you get characters like 37-year-old Amanda Lynn Tully, who "graduated in 2017 with a master's degree in historic preservation from the University of Oregon, $65,000 in federal student loans and no job offers in the conservation field." Tully, reports the Times, "felt misled" and so "made a drastic decision: She moved to Prague, where she had completed an internship, and defaulted on her loans. She hasn't made a payment in over seven years."
Right off the bat, something seems off. Tully, the Times tells us, grew up in Colorado and "spent her teenage years as a ward of the State of Colorado and believed a college degree was her ticket to a better life." That sounds like an incredibly rough way to start out, but how did we get to Oregon and graduate school so quickly? And then there's this:
Ms. Tully was on an income-based repayment plan, which allows many borrowers to have their remaining debt forgiven after 20 years of making qualifying payments. She was paying $60 per month when she defaulted. This amount, to many, may seem manageable. But for her, it remained psychologically burdensome.
Click through, but if your opinion of Ms. Tully dropped below zero right when you read "psychologically burdensome", join the club.
-
Good advice to Mamas, and also Papas. From Robert Graboyes: Mammas Don't Let Your Babies Grow Up to Be Disgruntled, Underemployed PhDs.
A year or so ago, a friend wrote to ask advice, saying that her son, a 16-year old rising high school senior, was “obsessed with being an economist” and whose dream was to work for the Bank of England. In response, I sent a bullet-list of grumpy warnings whose overriding message was that such a goal is fine, as long as he treats it as merely one possibility on a sizable list of wildly divergent career paths. This echoed advice I’ve offered for decades to young proteges. (See my earlier essays, “Overcoming College: Getting a Job In Spite of Your Education” and “20 Job Tips for 2020s 20-Somethings: Plus, with sheep comes optimism.”)
I have a PhD in economics from Columbia University and have enjoyed a long and interesting career. For over 25 years, one part of that career has been teaching and mentoring grad students working on their PhDs. So, why did I offer my friend caveats regarding her son’s deeply admirable, highly focused ambition?
Robert asks ChatGPT for less risky career paths, and it's quite interesting.
As someone whose higher-ed path terminated with an ABD (all but dissertation) degree in physics, I wish a 1970 version of Robert's advice was provided to me. Things worked out OK, eventually, but there was a lot of angst along the way.
![[Amazon Link]](/ps/asin_imgs/B0D1CJV1YH.jpg)
![[Amazon Link]](/ps/asin_imgs/B0DSGQVRJS.jpg)



![[The Blogger]](/ps/images/barred.jpg)


