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Quote of the Day: American Health Care Is the Best in the World, Baby!

Mother Jones

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From Douglas Coupland, after contracting bronchitis from a chilly hotel room in Atlanta:

Finally, I dragged myself to a local medical clinic, and this is when things got really American.

By “really American,” he means that he ended up being part of a scam that involved deliberately not treating him in order to get him hooked on oxycodone. No worries, though. The socialist Canadian health system eventually saved him.

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Quote of the Day: American Health Care Is the Best in the World, Baby!

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Chart of the Day: Net New Jobs in December

Mother Jones

The American economy added 252,000 new jobs last month, 90,000 of which were needed to keep up with population growth. This means that net job growth clocked in at 162,000 jobs, which is not quite as good as last month but still not bad. Virtually all of this growth was in the private sector, yet another sign that the recovery is finally motoring along at a steady if unspectacular rate.

But the news was not all good. The headline unemployment rate fell from 5.8 percent to 5.6 percent, but this was mostly because of people dropping out of the labor force. Wage growth was also disappointing. Last month’s wage increases, which I was skeptical about, were entirely washed away. Earnings for nonsupervisory workers actually dropped to slightly below their October levels.

Overall, this jobs report is decent news, but hardly great. Until we start to see steady employment growth and steady wage growth, the labor market still has a lot of slack no matter what the headline unemployment rate is. Given this, in addition to possible headwinds in the rest of the world, the Fed needs to continue to keep interest rates low for quite a while longer. It’s not yet time to tighten.

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Chart of the Day: Net New Jobs in December

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Here’s the Story on Party ID: There’s Not Really Much of a Story

Mother Jones

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Several people have already commented on a new Gallup poll showing that Democrats and Republicans are continuing to lose ground to self-identified independents. And it’s true: the percentage of independents has risen steadily since 2008 from 35 percent to 43 percent.

But my advice is to ignore the noise. As Gallup itself says, “Although independents claim no outright allegiance to either major party, it is well-known that they are not necessarily neutral when it comes to politics.” Quite so. In fact, “leaners” tend to vote the party line just about as loyally as folks still willing to explicitly call themselves Democrats and Republicans. For most people, identifying as an independent isn’t so much a genuine political commitment as it is a lifestyle statement.

So here’s the chart to look at: Party ID plus the leaners. And the story it tells is fairly unremarkable. You can see spikes up and down as elections are held and the public gets tired of the party in power, but there’s not much of a long-term trend. I eyeballed the average party ID for both Democrats and Republicans in the Gallup chart, and it shows very little movement over the past few years: Democrats are down slightly from their long-term average—probably not surprising in the sixth year of a presidency—and Republicans have gained slightly.

If there’s a story to tell here, I don’t really see it. Perhaps pundits with sharper eyes and more column inches to fill will find something.

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Here’s the Story on Party ID: There’s Not Really Much of a Story

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Facts Are Useless Things — Politically Speaking

Mother Jones

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Jared Bernstein thinks it makes more sense to push for an increase in the gasoline tax than to try to enact a full-blown carbon tax. But he admits the point is moot: Republicans aren’t going to give either one the slightest consideration:

Yet here again, the action is sub-national, and some states have moved on this. As with all those state minimum wages, this creates a useful natural experiment wherein we can collect data on the impact of these state gas tax increases on their economies, budgets, and residents’ incomes. That way, if facts should once again matter, we’ll have some evidence as to the actual impact versus the ideologically inspired cartoon impact.

Damn! Did I miss out on the period in American history when facts used to matter? I’m bummed. Those must have been interesting times.

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Facts Are Useless Things — Politically Speaking

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Our Obsession With Mass Incarceration May Finally Be Ebbing

Mother Jones

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Atrios has a New Year’s wish:

My hope is that the tide continues to turn (it has, I think, if slowly) against the mass incarceration project this country has been engaged in for decades. It isn’t that I wasn’t aware of it as a problem before, it’s that I now have a much greater sense of how it’s the nexus of a whole system of racist horror. Let’s fix it.

This is a very reasonable wish. It’s important to realize that the huge boom in prison construction and mandatory sentencing laws of the 70s and 80s was a response to a real thing: the massive increase in violent crime during the 60s and 70s. It’s almost a certainty that we overreacted to that rise in crime and incarcerated too many people in response. Still, it wasn’t just an irrational panic. Violent crime really did skyrocket during that era, and fear of victimization was both palpable and legitimate. That made a big increase in the prison population inevitable.

Needless to say, that’s changed. Violent crime has plummeted by an astonishing amount in the past two decades. It takes a long time for public perception to catch up to changes like this, but it does catch up eventually—and as the fear of crime eases, the lock-em-up mentality of 40 years ago has started to ease along with it. In addition, there are simple demographics at work: if there’s less crime and fewer arrests, there are simply fewer criminals to lock up. Long sentences from an earlier era have kept prison populations high despite this, but eventually even that has begun to fade away.

In other words, in the same way that mass incarceration surged because of a real thing, it’s finally starting to ebb because of a real thing: the actual, concrete decline in violent crime that started in the early 90s and which appears to be permanent. America is simply a safer place than it used to be, and looks set to stay that way.

Our prison population is still gigantic by any measure, and there are vast inequities in who gets locked up and how they get treated. But for those of us who’d like to see this problem addressed, at least there’s a decent tailwind helping us out. It’s not crazy to think that the next decade could see some real changes in the American attitude toward the mass incarceration society we’ve constructed.

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Our Obsession With Mass Incarceration May Finally Be Ebbing

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