"Bernie Sanders isn’t considered electable because our notions of “electability” are defined from the top downward by party leaders, major donors, journalists, and pundits. "Electability" is purposely designed to not apply to anyone other than a center-left or conservative Democrat. "
"As "moderates" (which they definitely aren't), centrist, neoliberal Democrats portray themselves as their party's safety valve against anti-corporate extremism. Never mind their record of supporting one disastrous fiscal or foreign policy initiative after another."
Perhaps Howard Schultz and today’s Democratic Party are symptoms of the same condition. Both the billionaire and the party with a lot of billionaires want to restore an era, a politics, and a political culture that seem increasingly foreign with each new tweet from the White House.
"We live in a strange time in which technical expertise and political animus are both in abundance. Indeed, both are distributed along ideological vectors in such a way that the weaknesses and failures of each are still considered acceptable to their affinity groups when compared their polar opposites."
Today: Ever Wonder What Happened To Deficit Hawks?, The End Of Chimerica, How Not To Think About Atheists, and Here’s Looking At You...Kid?
Today: Looking for Mr. Good Jobs, The Nation vs. The Globe, Amazon is China, and A Comic From The Before Time, In The Long Long Ago
Firms investing more in capital than labor is evidence of low demand. Low demand saps productivity, which limits investment in new equipment and workers.