Francis Wilkinson points out that Teabaggery has never been about what it claims to be about.
It is not a tax revolt; it is a tax grab.
A snippet (emphasis added):
There is a long tradition of supporting state spending on yourself (hands off my Medicare) while opposing the allocation of tax dollars to someone else (Obamacare is tyranny). The Tea Party covered this mundane transaction in a powdered wig.
Until Donald Trump came along.
Trump, whose genuine populist instincts appear unconscious of, and unencumbered by, American history, dispensed with the tri-corner hats. His offer required no validation from neo-colonials, no resort to hallowed principles of limited government. Trump’s deal was straight up: He would secure the government programs — Social Security, Medicare — that benefit older, whiter Tea Party voters while chasing younger, browner Americans away from the public trough. He would even clear out of the country anyone who failed to prove citizenship.
More at the link.
Dave Helling notes that sauce for the Democratic goose is not sauce for the Republican gander:
Republicans used to make great fun of President Barack Obama for using a teleprompter, . . . .
Gosh, I wonder if they’re rethinking those words.
That’s because Republicans of all stripes are now begging presumptive nominee Donald Trump to use a teleprompter when he speaks. Teleprompter Trump is good Trump, they say.
More at the link.
This marks the 74th straight week that claims have been under 300k.
Jobless claims rose by 3,000 to 269,000 in the week ended July 30, a report from the Labor Department showed Thursday in Washington.
The four-week moving average increased to 260,250 last week after falling to 256,500 in the previous period, which was the second-lowest level since 1973.
The number of people continuing to receive jobless benefits dropped by 6,000 to 2.14 million in the week ended July 23. The unemployment rate among people eligible for benefits held at 1.6 percent. These data are reported with a one-week lag.
(Almost forgot it was Thursday.)
Man skates on money laundering charge when Florida judge rules that Bitcoin is not real money.
One more time, all currency is fiat currency. No currency or specie, real or virtual, including gold or silver, has value unless persons believe it has value.
I haven’t mentioned Brexit much because I don’t know enough about it; I know only what I’ve read in the papers.
It’s not that I fear displaying my ignorance; it’s that I don’t even have enough ignorance to display. (I will say that my gut instinct is that, in a globalizing world, promoting parochialism is not a propitious proposition.)
I will commend to your attention to the latest episode of the Bad Voltage podcast, which opens with a fascinating discussion about Brexit amongst one Brit living in Britain, one expat Brit, and one American, all of them accomplished and none of them political professionals. The Brexit discussion takes up the first half-hour or so of the show.