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Elon Musk as a clown

Effective Altruism and Longtermism are relatively recent (since the late 2000s) twin philosophical movements making the claim that, as a human species, we ought to prioritize impacting the long-term future of humanity — hundreds, thousands, or millions of years from now — over and above any concerns for actual humans alive today. Largely inspired by utilitarianism, it favors questionable metrics like “lives saved per dollar” in its quest to not just do good, but “do the most good.”

Longtermism is an outgrowth of Effective Altruism (EA), a social movement developed by philosophers Peter Singer and William MacAskill. It emphasizes the moral importance of trying to shape the far future, and adherents argue that the long-term consequences of our actions far outweigh their short-term effects because of the potential of vast numbers of future lives. In other words, future people will outnumber us at such a scale that, by comparison to this imaginary future universe, our current-day lives are not very important at all.

It has numerous and powerful adherents among the Silicon Valley elite including Trump bromance Elon Musk, tech billionaire Peter Thiel (who spoke at the RNC in 2016), indicted and disgraced crypto trader Sam Bankman-Fried, Twitter and Square founder Jack Dorsey (who is good friends with Elon), OpenAI‘s CEO Sam Altman, Ethereum founder (and Thiel fellow) Vitalik Buterin, co-founder of Asana Dustin Moskovitz, and others.

Why longtermism resonates with tech oligarchs

The tech-industrial complex is steeped in the idea of longtermism in part because it aligns so well with so many of their values:

  • technological optimism / techno-utopianism — the belief that technology is the solution to all of humanity’s greatest challenges
  • risk-taking mindset — venture capital is famous for its high-risk, high-reward mentality
  • Greatness Thinking — unwavering devotion to an Ayn Randian worldview in which only two groups exist: a small group of otherworldly titans, and everyone else
  • atomized world — social groups and historical context don’t matter much, because one’s personal individualized contributions are what make real impact on the world

The dubious ethics of effective altruism

Although it positions itself high, high above the heady clouds of moral superiority, EA is yet another in a long line of elaborate excuses for ignoring urgent problems we actually face, in favor of “reallocating resources” towards some long-distant predictively “better” class of people that do not currently exist and will not exist for thousands, millions, or even billions of years. It’s an elaborate excuse framework for “billionaires behaving badly” — who claim to be akin to saints or even gods who are doing the difficult work of “saving humanity,” but in reality are navel-gazing into their vanity projects and stroking each others’ raging narcissism while completely ignoring large, looming actual dangers in the here and now like climate change, systemic inequality, and geopolitical instabillity to name a few.

Continue reading Effective Altruism and Longtermism: Twin ideologies driving tech billionaires
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President Joe Biden's farewell speech warning of a tech-industrial complex forming

In President Joe Biden’s farewell speech (already memory holed by the Trump administration — and archived on my GitHub) he delivered a parting shot to the tech oligarchs currently falling over themselves to bend the knee and kiss the ring. With no fucks left to give, the remarkably Keynesian 46th US President gave a strikingly woke warning about the class struggle rarely revealed so openly by either party — warning of a tech-industrial complex slavering to abuse power even more brazenly:

I want to warn the country of some things that give me great concern. And this is a dangerous — and that’s the dangerous concentration of power in the hands of a very few ultrawealthy people, and the dangerous consequences if their abuse of power is left unchecked. Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms and a fair shot for everyone to get ahead. We see the consequences all across America. And we’ve seen it before.

More than a century ago, the American people stood up to the robber barons back then and busted the trusts. They didn’t punish the wealthy. They just made the wealthy play by the rules everybody else had. Workers want rights to earn their fair share. You know, they were dealt into the deal, and it helped put us on the path to building the largest middle class, the most prosperous century any nation the world has ever seen. We’ve got to do that again.

The last four years, that is exactly what we have done. People should be able to make as much as they can, but pay — play by the same rules, pay their fair share in taxes. So much is at stake. Right now, the existential threat of climate change has never been clearer. Just look across the country, from California to North Carolina. That’s why I signed the most significant climate and clean energy law ever, ever in the history of the world.

And the rest of the world is trying to model it now. It’s working, creating jobs and industries of the future. Now we have proven we don’t have to choose between protecting the environment and growing the economy. We’re doing both. But powerful forces want to wield their unchecked influence to eliminate the steps we’ve taken to tackle the climate crisis, to serve their own interests for power and profit. We must not be bullied into sacrificing the future, the future of our children and our grandchildren. We must keep pushing forward, and push faster. There is no time to waste. It is also clear that American leadership in technology is unparalleled, an unparalleled source of innovation that can transform lives. We see the same dangers in the concentration of technology, power and wealth.

You know, in his farewell address, President Eisenhower spoke of the dangers of the military-industrial complex. He warned us that about, and I quote, “The potential for the disastrous rise of misplaced power.” Six days — six decades later, I’m equally concerned about the potential rise of a tech-industrial complex that could pose real dangers for our country as well.

Americans are being buried under an avalanche of misinformation and disinformation enabling the abuse of power. The free press is crumbling. Editors are disappearing. Social media is giving up on fact-checking. The truth is smothered by lies told for power and for profit. We must hold the social platforms accountable to protect our children, our families and our very democracy from the abuse of power. Meanwhile, artificial intelligence is the most consequential technology of our time, perhaps of all time.

Biden farewell speech video

Despite the Trumpian regime’s attempt to erase history, there are many copies of the speech available for posterity. You can watch one of them here:

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First Impeachment vote of then-President Donald Trump over extortion of Ukraine for aid in defense against Russia

Former FBI informant Alexander Smirnov pleaded guilty to completely fabricating the story about the “$5 million bribes” paid to Joe and Hunter Biden by Ukranian energy company Burisma, and has been sentenced to 6 years in prison for his role in attempting to influence the 2020 election in favor of Donald Trump. The Burisma hoax led to a Special Counsel probe and a years-long attempt by Republican lawmakers to impeach Biden for alleged “corruption.”

Meanwhile the GOP apparently knew the whole thing was made up — because they helped ferry the disinformation from Russian sources to further their political goals. Trump had sent Rudy Giuliani and Lev Parnas on a fishing expedition to “dig up dirt” on the Bidens in Ukraine circa 2018-2019, making them almost eager to be willfully conned by Russian active measures. The Russians of course did not disappoint — first implanting the Burisma disinformation through this channel.

Later Lev Parnas would testify before Congress to having been duped himself during his involvement in the deception scheme. He went on to present evidence both that the allegations of Burisma bribes were completely fabricated, and that GOP leaders were knowingly spreading the fake Russian disinfo in order to help Trump muddy the waters around his first impeachment trial initiated by a whistleblower who revealed the phone call in which Trump attempted to extort Ukranian President Volodomyr Zelensky over military aid in its defense against the Russian invasion of 2014 and ongoing occupation. Then-NSC member Alexander Vindman testified to the veracity of the whistleblower’s complaint before Congress, and Trump would later fire him in retaliation.

The Lev Parnas story would become the basis of the excellent Rachel Maddow-produced feature-length documentary, “From Russia with Lev”:

Burisma bribes were fake

In other words, both arms of the “Biden bribes” story have been thoroughly debunked — which led House Republicans to drop the Biden impeachment inquiry, but not to drop their disinformation campaign around the alleged corruption. So, GOP lawmakers know the Burisma story is fake, that Russian spies planted it, and “disinformation courier” Smirnov will serve jail time for it — but they continue to push it anyway, in an attempt to create a vague veneer of corruption around sitting President Joe Biden.

Meanwhile, the about-to-be-sitting-President Trump is actively planning to profiteer from the Presidency. His new “ethics plan” ups the ante from his first term by newly allowing deals between the Trump Organization and foreign businesses. In December, Eric Trump announced deals for 2 Trump Towers in Saudi Arabia.

The Republican flavor of whataboutism that tries lamely to stand up an entirely fake, intentionally fabricated story about $5 million bribes to the Bidens against the unprecedented scale of openly naked corruption as Trump brazenly seeks to profit from his public service is a morally reprehensible ethical stain that I hope follows them into history as a legacy of abject greed and lust for power that thoroughly characterizes the Republican Party in this era. To the extent the GOP stands for anything, it is corruption.

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Bitcoin for President, by Midjourney

Kamala Harris should be proud of the race she ran, an almost flawless sprint through the tape at a scant 108 days’ worth of time to make her pitch to the American voters — many of whom complained that they did not know her very well as a candidate.

Disinformation continued relentlessly throughout the race — even doubling down when called out.

Not a Mandate

Trump’s lead keeps dropping as California and other western states finish counting their ballots after what seems like an eternity — mostly due to CA accepting ballots postmarked by election day, adding 7 days to the final count no matter what.

He dropped below 50% and never recovered — meaning that more people voted against him than voted for him.

As of the final count, his margin dropped below 1.5% — the 4th largest margin in any popular vote win in the past 100 years.

final vote tallies in the 2024 presidential election

Vote Predictors

  • Education
  • Media Sources
  • Urban vs. Rural

I haven’t had the energy to give to this piece and I just learned about this feature of Google’s NotebookLM that can generate a podcast between 2 hosts, from your uploaded assets. I tested it out with a combined corpus of some of my own thoughts and some of the resources I found insightful.

What NotebookLM came up with was uncannily compelling. It would be something I would consider useful, particularly as a tool for initiating some of those folks less steeped in politics as I am. So I’m posting it here, in part as a signpost regarding where we’re heading — whether we like it or not.

What comes next

Where do we go from here?

Continue reading Post-mortem Election 2024 thoughts
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uncanny valley version of the dollar bill the lollar

The trajectory of the U.S. national debt is a compelling narrative that mirrors the nation’s evolving priorities, polarities, challenges, and triumphs. From the nascent days of the republic, grappling with the financial aftermath of the Revolutionary War, to the expansive fiscal policies of the 20th century, each era offers a unique lens into the economic and political forces at play in the history of the national debt.

In the late 18th century, under the stewardship of Alexander Hamilton, the United States established its first national debt—a strategic move to unify the fledgling states and build creditworthiness. The 19th century witnessed fluctuations driven by events such as the Civil War, which necessitated unprecedented borrowing, followed by periods of aggressive debt reduction during peacetime.

The 20th century introduced complexities with global conflicts like World War I and WWII, the Great Depression, and the Cold War, each leaving indelible marks on the nation’s fiscal landscape. Post-World War II prosperity facilitated debt reduction, but subsequent decades saw increases due to military engagements, economic policies, and social programs.

As we navigate the 21st century, the national debt continues to be a focal point of economic discourse, influenced by factors ranging from tax policies to global pandemics. Tax cuts for the wealthy under Reagan, the Bushes, and most notably Trump since 1980 have blown a hole in the debt. Military adventurism around the world including 2 completely unpaid for Gulf Wars in the ’90s and 2000s and the 20-year war in Afghanistan ballooned it as well.

Contributors to the national debt: 1. military expenditures, 2. tax cuts for the wealthy, 3. social spending

This timeline delves into the pivotal moments that have shaped the U.S. national debt, offering insights into the decisions and events that have influenced its rise and fall over the centuries — so we can get intimately familiar with which policies increase or decrease it.

Continue reading A Brief History of the National Debt
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Kamala Harris for President

As the 2024 election season heats up, Kamala Harris’s policy platform has begun to shape a forward-thinking blueprint for what she calls an “Opportunity Economy” and a “New Way Forward.” With an approach that blends economic pragmatism and social investment, her policy outline aims to strengthen the middle class while addressing the core issues faced by millions of Americans today. Kamala Harris policies zero in on economic stability, healthcare affordability, and supporting American families through accessible resources, tax cuts, and an intentional focus on civil and reproductive rights.

Though some complain about not knowing what her policies are, she speaks of them in every speech, interview, or discussion and has them freely available on her website. Mainstream media in particular ought to be doing more of their own research vs. entertaining spurious claims that she has outlined no 2024 policy proposals. It’s also a quintessential example of the way women are forced to thread a needle in a way that men simply aren’t — I’m old enough to remember when Hillary Clinton was once famously derided for being too wonky and having too many policy proposals. You really can’t win.

Kamala Harris policy to-do list

Meanwhile, Harris has a robust economic plan for the middle class as well as fighting staunchly for civil rights, voting rights, reproductive freedom, and democracy in an increasingly multipolar world. Harris’s economic policy combines key strategies designed to lower costs for middle-class families—fighting inflation, tackling price gouging, and expanding Medicare to help the “Sandwich Generation” juggling care for both children and aging parents.

Her policies also encourage entrepreneurship through substantial tax deductions for small businesses and foster a fairer housing market by promoting affordable housing initiatives and cracking down on price fixing. Harris’s vision is one of a sustainable, inclusive future where both family support and economic growth converge to drive lasting change.

Beyond economic reform, her platform emphasizes national security, comprehensive immigration reform, civil rights protections, and an ambitious climate policy. Together, these components create a multifaceted approach intended to protect American values while boosting prosperity. Harris’s policy platform offers voters an actionable vision for a stronger, more equitable America built on accessible opportunities and resilient middle-class foundations.

Kamala Harris economic policy

Kamala Harris has been promoting her economic policy agenda since mid-August — which was a mere 2 weeks since becoming the new top of the ticket suddenly and unexpectedly when Joe Biden decided to withdraw from and race and pass the torch. Her “New Way Forward” for the economy is rooted in a central goal of strengthening the middle class through practical, targeted policies. Aiming to create an “Opportunity Economy,” her platform emphasizes lowering costs for families, capping drug prices, tackling price gouging, and expanding Medicare to better support those juggling elder and child care responsibilities (aka “the Sandwich Generation”).

Continue reading Kamala Harris policies
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Former VP Mike Pence refuses to endorse Donald Trump

When evaluating a candidate for a role, you would be wise to consider what those who have worked with them in the past think of them — that’s why we ask for references during a job interview process. Unfortunately for Donald Trump, a majority of his closest advisors don’t support him and cannot recommend him as being fit for the presidency — and in fact many are actively campaigning against him and supporting the Harris-Walz ticket in the 2024 election.

And these aren’t just people out at the edges of a sprawling administration — these folks are from the inner circle, the cabinet, the military’s top brass, and other high-level officials in or near the White House who routinely interacted with the then-President.

Trump bragged about hiring all the best people — but then proceeded to fire a huge swath of them for having the audacity of disagreeing with him, or other trivial reason. Of those that remained, an unusually large number resigned from his administration in protest over whatever they saw as their personal last straw — many on January 6. And of that whole set, a conspicuously large number are now actively speaking out against the former president and working to prevent him from ascending to a second term.

I’ve been a voter for 30 years. And never have I seen the outpouring of “duty to warn” from former officials of someone seeking re-election. Never has this many of the president’s closest advisors refused to support him for a second term. Let’s hear why, in their own words.

Mike Pence

Former Vice President

“It should come as no surprise that I will not be endorsing Donald Trump this year,” he said to Fox News — an extraordinary historical moment when a VP cannot in good conscience support their own former President. Of course, when that former President tried to murder to you — or at the very least looked the other way while it happened in front of him on TV — it might be more difficult to get over than the usual spat between political cronies.

Mark Esper

Former Secretary of Defense and Secretary of the Army

Another rare moment: when a former cabinet member goes on national television weeks before an election to warn the American public about the dangers of their former boss. I have definitely never seen this in my lifetime and my 30 years of voting.

“I think he’s unfit for the presidency. As somebody who worked directly for him — I don’t think he’s the right person for our country. And so I will not be supporting him.” — to CNN, April 16

“Trump is not fit for office because he puts himself first and I think anybody running for office should put the country first.”

Continue reading Trump’s own handpicked closest advisors don’t support him
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The Former Guy has been continuously proclaiming to know nothing about Project 2025, the plan whose authors include 70% current and former Trump officials. In that he doth protest too much — does Trump support Project 2025? You bet your bippy he does!

What is Project 2025? Think of it as a vast plan, close to the former president, to feverishly establish Christofascism in America starting with Day 1 of a second Trump presidency. It is a 920-page document, and 1000-employee project, to “supercharge” another Trump term with an infusion of Christian nationalism.

More than 100 Christian nationalist organizations and groups are involved in drafting the blueprint for Trump’s next term, should that horrorscape come to pass. One core problem they have, however, is the extreme unpopularity of their ideas. Most Americans are recoiling from the draconian measures Project 2025 wishes to bestow upon the nation, unasked for and unwanted — including banning abortion nationwide, restricting IVF, defunding education, pulling out of NATO, etc.

Who is behind Project 2025?

Project 2025 is so toxic in fact that Donald Trump tried to disavow it on Truth Social:

Trump disavows Project 2025 on his social network, Truth Social

But despite his pathetic attempt to disclaim knowledge about Project 2025, Trump’s current and former staff make up the majority of the group’s architects. Trump’s name appears 312 times in their document. It’s simply not credible that the GOP presumptive nominee is unaware of his loudest allies and advocates — and even if you take the known liar at his word, it constitutes malpractice for a political candidate to be so uninformed.

So allegedly, Donald Trump doesn’t know anyone behind Project 2025. Let’s have a look at the amazing Venn Diagram between Trump officials and Project 2025, shall we?

Kevin Roberts and Trump on a plane

Heritage Foundation president and leader of the organization behind Project 2025, Kevin Roberts, grins with Trump on a private plane in 2022, on the way to a Heritage conference in which Trump gave a keynote address about the project and its policy proposals.

In April 2024 Roberts told the Washington Post first hand that “I personally have talked to President Trump about Project 2025.” Apparently then, at least one of the two men is lying.

Continue reading Does Trump support Project 2025?
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Hurricane Helene disinformation made disaster recovery that much harder

Unraveling Hurricanes Helene and Milton: Disinformation in the Eye of the Storm

While Hurricane Helene wreaked physical destruction across the southeastern United States, another less visible but equally dangerous force emerged in its wake: disinformation. As communities grappled with the devastating impact of the storm, false narratives and conspiracy theories quickly flooded digital platforms, undermining relief efforts and sowing confusion. The Hurricane Helene disinformation campaign serves as a stark reminder of how misinformation can exacerbate the challenges already faced during natural disasters.

The Storm of False Narratives

As Hurricane Helene made landfall in Florida on September 26, 2024, and tore across multiple states, the usual flood of news reports and social media posts followed. However, amidst the legitimate updates, a tide of disinformation quickly began to circulate. Rumors ranged from claims that federal disaster funds were being siphoned off to suggestions that FEMA was using the chaos as an opportunity to seize private property. These baseless theories were amplified through social media platforms, with some posts gaining widespread traction and undermining public trust in government responses.

Congresswoman Marjorie Taylor Greene — of “Jewish space lasers” and Christian nationalism infamy — claimed that it’s obvious Democrats control the weather, as evidenced by a shared C-SPAN clip from the Obama years with then-CIA Director John Brennan talking about the highly theoretical and as of yet untried science of geoengineering. Because the very best way to keep your global conspiracy a top secret is to broadcast it into the public domain on C-SPAN.

Some viral posts alleged that the government had restricted airspace above affected areas, not for safety reasons, but as part of a shadowy conspiracy to cover up the true extent of the damage (for what reason is not specified). Other false reports claimed that FEMA was blocking local relief efforts and taking control of private land for nefarious purposes. These rumors not only spread fear and confusion but also hindered relief operations, as some individuals refused aid or hesitated to evacuate based on false information — endangering and perhaps even taking lives.

The Role of Digital Platforms in Spreading Misinformation

Digital platforms, especially social media, have played a significant role in the proliferation of disinformation during Hurricane Helene. The fast-moving nature of these platforms allowed misleading posts to go viral before accurate information could be verified and shared. The challenge for both federal agencies and local authorities was to quickly counter these false claims while also managing the logistics of the emergency response.

Continue reading Hurricane Helene disinformation campaigns
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Sarah Cooper Trump parody video

It’s Donald Trump‘s campaign promise to end democracy. “You won’t have to vote anymore! We’ll have it fixed so good.” This is why there is no “both sides” equivalency between one party — that openly promises to destroy our Constitutional republic — and the other, that strives authentically if sometimes naively towards a more perfect union.

Full quote

“If you want to save America get your friends, get your family, get everyone you know and vote. Vote early, vote absentee, vote on Election Day, I don’t care how — but you have to get out and vote. And again, Christians, get out and vote just this time. You won’t have to do it anymore! Four more years you know what — it’ll be fixed. It’ll be fine. You won’t have to vote anymore, my beautiful Christians — I love you, Christians. I’m a Christian. I love you. Get out — you got to get out and vote. In 4 years you don’t have to vote again. We’ll have it fixed so good, you’re not going to have to vote.” — Donald J. Trump, the Republican candidate for president.

Sarah Cooper wore it best

The original receipts

And here’s footage of the actual speech:

We must stop this insanity. Here’s how to volunteer:

How to Volunteer: DO SOMETHING!
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Vladimir Putin and the Russian propaganda campaigns unsealed by the DOJ

In the digital age, the line between fact and fiction is often blurred, and nowhere is this more dangerous than in the realm of political influence. The power to shape narratives, sway public opinion, and manipulate democratic processes is no longer just the domain of politicians and pundits — it’s a high-stakes game involving shadowy operatives, shell companies, and an arsenal of disinformation tools. The latest indictments from the Department of Justice expose the scale of Russian propaganda campaigns to reveal just how deeply this game is rigged against us.

At the heart of this operation is a well-oiled propaganda machine, targeting the fault lines of American society — free speech, immigration, and even our national pastime of online gaming. And in the backdrop of these revelations looms the 2024 presidential election, a moment ripe for manipulation by foreign actors with the singular goal of deepening our divisions. While these efforts may feel like the plot of a dystopian thriller, they are all too real, with disinformation campaigns working to tilt the scales of democracy in favor of authoritarianism.

Last week, the Department of Justice released a treasure trove of indictments and accompanying information about the depth and breadth of the still ongoing Russian influence campaigns raging in the US and elsewhere — with a particular focus on sowing discord ahead of the US 2024 elections. Let’s take a look at the major pillars of the DOJ’s work.

RT employees and right-wing influencers indicted

On September 3, 2024, the Department of Justice filed an indictment of two Russian nationals, Kostiantyn Kalashnikov and Elena Afanasyeva, for covertly funding a Tennessee-based content creation company that published videos promoting Russian interests. According to the indictment, they funneled nearly $10 million through shell companies to spread pro-Russian propaganda and disinformation on U.S. social media platforms. The defendants posed as U.S.-based editors, directing content that amplified domestic divisions and supported Russian government narratives. Both are charged with conspiracy to violate the Foreign Agents Registration Act (FARA) and money laundering.

Although not specifically named, there are enough uniquely identifying clues in the document to identify the content company in the scheme as Tenet Media, a company run by married couple Liam Donovan and Lauren Chen — herself a prominent “conservative” commentator associated with Glenn Beck‘s The Blaze and Charlie Kirk’s Turning Point USA. The six commentators who were being paid exorbitantly by the Russians for their content (as much as $100,000 per video) — all of whom, improbably, claim to have been duped — are Tim Pool, Dave Rubin, and Benny Johnson, Tayler Hansen, Matt Christiansen, and Lauren Southern. All are outspoken Trump supporters, and are on record parroting Russian talking points despite claiming the work was wholly their own.

Continue reading Russian propaganda campaigns exposed by the DOJ in a slew of indictments
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who owns twitter elon musk and others

The social network formerly known as Twitter, now known as X, has been through some things — including a rocky change of ownership 2 years ago. At the time, the person who owns Twitter on paper was known to be tech billionaire and then-world’s richest man Elon Musk — but it was not fully known who was included in the full shadowy list of Twitter investors.

Thanks apparently to some terrible lawyering, the full list of Twitter investors via parent company X Corp has been unsealed during discovery for a legal case against Musk relating to non-payment of severance for employees he laid off after buying the company. In addition to the known in 2022 list below, we can now augment the Twitter investors list with more detail:

  • Bill Ackman
  • Marc Andreesen — legendary tech investor and general partner at Andreessen Horowitz, known for his techno-accelerationist views
  • Joe Lonsdale — cofounder of Palantir with shadowy tech billionaire Peter Thiel, the primary financial backer of Trump’s VP pick JD Vance. Lonsdale has a right-wing streak of his own, backing Trump in 2024 via Elon Musk’s Super PAC.
  • Saudi Prince Alwaleed bin Talal
  • Jack Dorsey — one of the original founders of Twitter
  • Larry Ellison — Oracle founder and right-wing political donor
  • Ross Gerber
  • Doug Leone
  • Michael Moritz
  • Changpeng Zhao

Security analyst and intelligence professional Eric Garland notes that beyond the notable billionaires on the list, the investor sheet can be largely read as “fronts for the dictatorships of Russia, China, Saudi Arabia, and others.” Tech pioneer turned investigative journalist Dave Troy’s take on the Twitter investor list reveal is that it shows “this platform is an instrument of information warfare.”

https://twitter.com/Esqueer_/status/1826457566446076085
Continue reading Who owns Twitter (X)? [2024 update]
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This is one of those stats that’s sure to be both repeated and disbelieved, courtesy of Bill Clinton’s speech at the phenomenal DNC 2024 last night: since the end of the Cold War in 1989, the cumulative tally of job creation between the two parties is not even close: 50 to 1. Out of the 51 million jobs that have been created since then, about 50 million of them can be attributed to Democrats (under Clinton, Obama, and Biden who account for 97.4% of the total), and only 1 million to Republicans.

That is a pretty stark objective review of right-wing economic ideology. Which is billed, by the way, as “job creating” policy. Trickle down economics, supply side, Reaganomics, libertarian theory, Mudsill Theory — by whatever name you call it, the policy of giving massive tax cuts to the rich while cutting spending on the middle class is supposed to magically create great prosperity for all. Instead, the numbers show the exact opposite — prosperity is not trickling down. It is in fact being hoovered up.

DNC 2024: Fierce middle class energy

I hope to write more about the overall amazing, vibrant, and joyful atmosphere of the DNC this year — delivering not just the strongest support for Kamala Harris and Tim Walz possible, but bringing back the sense of hope and optimism from the Obama years in the most refreshing and much-needed way. But for now I’ll just say that the Democrats are driving home this economic message that has already been wildly successful under Joe Biden: when we invest in the middle class, the economy truly does grow for everybody.

When the middle class is strong, America is strong. It’s a lesson we learned in the post-war era of the 1950s but have drifted away from since the 1970s when corporate leaders and big business interests mounted a concerted effort to turn the tide against the New Deal value system that lifted us out of the Great Depression and the economic policy that ushered in that broad distribution of wealth in the U.S.

It feels like the fever is finally breaking. The decades of epic gaslighting fomented by the merchants of doubt may have reached the peak disinformation tolerance of the American people. Here’s hoping the real economic stories will now get told — and that Americans will go to the polls this November and cast their ballots accordingly.

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