Connect with us

Government

Steyn: A Hinge Moment Of History

Steyn: A Hinge Moment Of History

Authored by Mark Steyn via The Gatestone Institute,

It was certainly the weirdest year. It began with a supremely weird decision by the entire world, except China and Sweden, to tank the global economy.

No..

Published

on

Steyn: A Hinge Moment Of History

Authored by Mark Steyn via The Gatestone Institute,

It was certainly the weirdest year. It began with a supremely weird decision by the entire world, except China and Sweden, to tank the global economy.

No one has ever done that before. The only major economic power to grow last year was China whose GDP is up by, I think, about 2.5 percent compared to declines everywhere else, including some actually catastrophic ones, such as 11% in the UK.

This decision to tank the entire global economy is something that strengthened China, the creator of the virus, and the exporter of the virus, and weakened any opposition to China -- and that is how they began.

This first year of the new weirdness ended with the United States government pretending that its principal threat is a domestic terrorism movement that does not exist.

This is the characterization of the so‑called insurrection on January 6th. We were told two weeks later that there were going to be mass insurrections, not only in Washington but in every state capital. Montpelier, Vermont, for example, the smallest state capital in the Union, went into lockdown. There was no such insurrection at any of these state capitals.

Then they said, "No, there is going to be an insurrection on March 4th," because that was Benjamin Harrison's Inauguration Day back in the old days and people apparently attach such great significance to that, that there was going to be a mass insurrection. There was no such thing on March 4th. Now, we are told it will be March 20th.

I have lived in countries that have real domestic terrorism movements. It is not something that one should concoct out of whole cloth lightly. No country blessed enough not to have a domestic terrorism movement should be inventing one.

We used to be told back after 9/11, there was a cliché after 9/11, "If we don't maintain our normal life, if we don't carry on shopping, if we don't carry on going to sports features, then the terrorists will have won!"

Now, it is the complete opposite with this new alleged domestic terrorism movement, and everything we do has to be changed. We have to have a permanently armed capital city in Washington. Because of this so‑called domestic terrorism movement, we have to have a border wall around the US Capitol. We are living in a blizzard of lies.

Perhaps that is the most disturbing feature of the last year: because most of us see far fewer people and go far fewer places than we did a year ago, we are more dependent on acquainting ourselves with reality through the computer, which means that we are more dependent on a handful of woke billionaires to tell us what reality is.

They are far more open than ever that they get to determine what are the agreed facts. Google made an explicit announcement about this recently. They said that sometimes they would put warnings on things that are factually accurate because, even though they are true, they do not think it is in society's interest for people to be seeing it.

When you talk about freedom of expression, for most people, that is an abstract concept that does not have much practical bearing on their lives.

People do not think of it as a first‑order issue for their own lives because, unless you happen to have accidentally insulted a fire‑breathing imam who is determined to get his revenge or a particularly robust transgender activist who takes action against you, these are not issues that affect most people.

The big change over the last year is that these issues are no longer abstractions. Everyone in the Western world has had some familiarity with the core meaning of Western liberties, whether you are talking about freedom of speech, freedom of movement, freedom of association, freedom of religion, they have all become very real, even for people living the most quiet and uncontroversial lives. We have states, a few weeks ago issuing orders on who you were allowed to spend Christmas or July 4th with.

The ability to go to your church, the ability to open your hairdressing salon, the ability to go and get a cheeseburger at your local diner, all these abstract intellectual philosophical issues are now absolutely real for most people around the Western world. Yet, there has been very little pushback against it.

Even in America, I've always loved that American word ornery, which doesn't really exist in Britannic English because Canadians aren't ornery and New Zealanders aren't ornery. Americans are ornery. I was a little surprised at the way -- including the best-known American states on the planet, New York and California -- basically accepted what was happening with this new regime.

There was a famous remark, I like to quote, by Lord Moulton, an English judge. He also had, during the World War I, what may be my all‑time favorite job title. He was director general of the explosives department -- an enviable job title.

Lord Moulton said that what matters in any healthy society are not the small number of things that one is obliged to do, or, at the other end of the spectrum, the small number of things that one is not permitted to do, but the big chunk in the middle. It is not a question of whether you have to do it, or you are forbidden to do it, but whether we decide for ourselves about those aspects of our lives through what he called the realm of manners. By his estimation, about 80 percent of life should be within the realm of manners rather than within the realm of law.

Now everything is law: How far you have to stand away from people. The realm of manners, in Lord Moulton's phrase -- choice -- has shrunk to nothing.

Everything now, is regulated by the state from above. We are now seeing, for example, influential voices. "The Guardian" newspaper in the UK for example, said the other day that whatever happens to the pandemic, and the COVID, and all the rest of us, they would like us to go into lockdown once every two years. It would supposedly be good for climate change. You do not see this in America, but you quite a lot on overseas news reports. BBC, in the early days of the pandemic was doing all these encouraging reports on how Ireland where it is illegal for you to go more than three miles from your home.

On how Ireland had, fantastically -- and this is really terrific news – they have managed to lower their carbon footprint simply by confining people to their homes and a three‑mile radius. The idea that this is the new normal is deeply disturbing.

At the same time, we have had a serious crackdown on free speech, particularly in America during election year, and culminating on January 20th by the convergence of the Big State and Big Tech.

What has changed this last year is that if you go back to what used to make you unpopular, they were things in which people had a serious emotional investment. For example, if you are transgender, and you see something on the Internet in which somebody says, "You're just a bloke who's wearing a dress." I can understand how that would be something that would make you upset. I can understand people are touchy about that.

Even on the climate change, for example. If you genuinely think that the planet is going to fry in 12 years' time or whatever; that sea levels are going to sweep over and wash away the Maldives, I can understand why you would get upset about that.

As recently as a year ago, the clampdowns on free speech, where Twitter or Facebook would delete your account or put a warning on you were about these kind of emotional issues. Something changed along the way, and now you will be banned or deleted or blocked or silenced simply for disagreeing with the official version of events.

For example, the Great Barrington declaration, which was written by three of the most prominent epidemiologists in the world from Harvard, Oxford, and I think it was Stanford. That was basically deleted from YouTube, banned from Facebook, simply because it contradicted the WHO, CDC official version of events.

In what world did we suddenly wake up and find ourselves living in in which it is not permitted to disagree with government bodies on a matter of public policy on an issue that has only emerged in the past few months?

Even on an emotionally uncontentious topic such as how best to handle a pandemic, you are not allowed to criticize the official version. I do not think there are experts.

It is just groupthink enforced by a cabal of woke billionaires, who have more power than anyone else on the planet.

I do not understand why the right, which is always two steps behind on these things, is blithering like nincompoops about how these are private companies and it is nobody's business what they do. These companies, such as Facebook and Google, are more powerful than most nation states today. At some point, they will be more powerful even than the United States.

The other thing that emerged during this year very quickly is that we are at a hinge moment of history.

We were told a generation or two back that, by doing trade with China, China would become more like us. Instead, on issues such as free speech, we are becoming more like China.

American companies are afraid of offending China. American officials are afraid of offending China. We are adopting Chinese norms on issues such as free speech and basic disagreements with the government of China. It was interesting to me the other day, a Chinese court ruled that it is alright to refer to homosexuality as a mental illness.

I remembered a year or two back when North Carolina had its so‑called Bathroom Bill -- about what bathrooms you were supposed to use according to what your biological sex was. Because of the pressure from the transgender rights groups, suddenly all the big showbiz companies, all the big sports franchises, all boycotted the state... simply because of this issue of transgender bathrooms.

On the other hand, when China says, "Homosexuality is a mental illness," Disney, and the NBA, and all the other China shills that American corporations have become, all of those groups say, "No problem. We're not going to say a word about it, and we are all going to continue sucking up to China."

For a brief moment in the spring, we were talking about something that mattered, which was the rise of China to global dominance. China was always seeing the long view, and it sees the last half‑millennium as a Euro‑American aberration. They see what's happening now as the natural correction in which China resumes its role as the dominant power on the planet.

We tend to think in short terms. If you are an Anglophone, what happened at the end of the Second World War is that the British Empire ceded global leadership to its prodigal son, the American Republic. If you are a Frenchman, you think the last two centuries since the Battle of Trafalgar have been one continuous Anglo‑American disaster.

If you are China, you take the long view. They are deadly serious about this half‑millennium correction. What we learned in the spring is that everything we need comes from China. China, not only gives us the virus, we are also dependent on China to give us the personal protective equipment ‑‑ all the masks and everything ‑‑ that supposedly protect us from the virus.

China makes our aspirins. Good luck fighting a war against China over Taiwan because by the third day, China will have disrupted the supply chain of aspirins and suppositories. Our tech fighter pilots are all going to be flying into battle with splitting headaches and itchy posteriors.

China makes batteries. Everything that is with you right now is dependent on a battery, your telephone, your laptop, and all the rest of it. At first, the rationale was we are giving China our manufacturing. It is no longer practical for American workers to make widgets.

It is no longer practical for American worker to make crappy T‑shirts, so we let China do all that. We shall become the knowledge economy, in the phrase they used 20 years ago. We are not going to be manufacturing.

Suddenly for some reason, we are all talking about Huawei and 5G. It turns out that China snaffled the knowledge economy away from us as well. There is not much left for us except low‑paid service jobs, and they are the ones that have been totally clobbered by the COVID.

We are now living in the future. We're living in the early stages of a future that is the direct consequence of poor public policy over the last couple of generations. We are not even aware of that. I would love it if we would talk about something important.

If you switch on the news, if you watch TV, if you listen to the radio, if you go in the Internet, you would think that the most critical issues facing the world today are a pampered, third‑rate actress whining to Oprah that she was never taught how to curtsy properly.

We do not talk about anything important even as China is snaffling the world out from under us.

*  *  *

Question: What are your thoughts on China and what the US and the West should be doing about it?

Steyn: I think we ought to have some serious decoupling. Under cover of COVID this year, China tore up an international treaty over Hong Kong. Hong Kong essentially existed as a hybrid Anglo-Chinese entity since 1997. They have some Chinese judges, but they also have seven judges from the British Commonwealth. There are English, Canadian, Australian judges sitting on the Hong Kong High Court. Beijing did not like that. Beijing basically tore up that treaty and said, "From now on, you are just Chinese like everybody else."

You could be extradited to the mainland to be tried in a justice system in which there is no justice. China thinks strategically as a conventional ethnonationalist power calculating its best moves in its own interests. I am in favor of serious decoupling.

You should actually get a 100% tax break if you bring your business home from China to the United States. You should get something like a 70% percent tax break if you move it to a non‑hostile nation, such as moving it from China to Indonesia, or to India, or to Vietnam, or some such.

Right now, we are witnessing a non‑stop continuous transfer of power to a country that is serious about using that power. This is China's moment. Take it as someone who grew up, in large part, in a great power in decline. There's no real explicit handover day. People, in hindsight, expect to pinpoint the day that the baton was passed.

No one in Britain was aware of it at that time. The term the British Empire was used seriously basically until Suez, the Anglo‑French‑Israeli operation against Nasser's Egypt that Washington decided to scuttle. At that point, after that, it was hard to use the phrase the British Empire with a straight face, because it was obvious it was no longer any such thing.

You only see, in hindsight, the moment it occurred. My great worry is that actually, the transfer to China has already happened. The baton has already been passed. We just haven't formally acknowledged that yet.

Question: What are your thoughts about our recent election "irregularities" called by some in the media, "The Big Lie"?

Steyn: I'll say it straight out loud. I do not think that Joe Biden "won the election." I don't think it is a question of "widespread fraud." I think the way the system works with the Electoral College, you only need actually to spread fraud in six key cities in six key states.

I'm actually disgusted by the attitude of the courts, all the way from the rinky dink little judge in your local county courthouse, all the way up to Chief Justice John Roberts, when they say that, "Oh, well, all this is moot. There isn't sufficient fraud to have changed the result."

I would like some of these genius jurists, including Mr. Roberts and his colleagues, to then give us a figure on what is the acceptable level of fraud in American elections. Denmark, in its history, has never actually had a plausible accusation of any kind of electoral fraud.

As we know, in the United States, in cities like Philadelphia, this is a tradition that has long roots and goes back 150 years.

You know this, that if you wake up in the morning if you're in some hotel and you switch on the radio, and there's a new story about how they're delaying announcing the result because some ballot boxes arrived in the middle of the night, you know that's either a story about an election in Sudan or the United States.

In Canada, in Slovenia, in the Netherlands, in Australia, ballot boxes do not get driven around. It's one of the most basic things. Jimmy Carter and his UN advisors wouldn't be able to certify an election in which ballot boxes are being moved around. The whole principle of functioning election integrity is that votes are counted where they're cast.

There are all sorts of disturbing elements that have been allowed to go on far too long here. The upshot is that half the country does not think that Joe Biden "won that election."

That's not a good thing for anybody, for any nation to be in, particularly, as I said, you want a grown up polity that acknowledges... My only bit of advice to the former president was that instead of running on Make America Great Again, he should actually tackle the Chinese question head on and say, "Make America Number One Again."

If you have no basic election integrity, essentially, all the other issues are irrelevant. It's disturbing to me when you look at the checks and balances, which are all laid out in the constitution, about who gets to determine the election laws in each state, and all the rest.

That in the end, the judges, from John Roberts down, the judges are just like any no‑name guy tweeting from his basement. They're as vulnerable to cultural pressures as anybody else. For that reason, they decided this was a hot potato and they didn't want to go anywhere near it.

Question: What are your thoughts about Big Tech, and what should be done about it?

Steyn: Many people are finding themselves in the same predicament that my website is, and all the other websites are: Big Tech has essentially wrecked the internet.

If you go back to recently for example, that business on New Year's Eve in Cologne a couple of years ago, thousands of women, got sexually assaulted by gangs of young Muslim men on Silvesternacht in Germany. Not just in Cologne, but in other German cities and I believe in Swiss cities as well.

There was nothing about it in the German newspapers and on German state TV, radio, and whatnot. It only emerged over the next few days via Facebook. Without Facebook, that story would never have come out.

What has changed now is that Facebook would clamp down on that story. It does not really matter whether you look on it as these are good things, or these are bad things. The so‑called Arab Spring was known if you recall as the Facebook revolution in its early utopian phase.

At that point, it was well‑understood that in Germany as in Egypt, Facebook somehow weakened state power and provided a workaround to state power. Now Facebook is working with state power. The first place these Big Tech guys learned to do this was with China.

As I said at the time, it's foolish to think that the tricks they learn to restrict free speech on these platforms in China, that they won't also be applying them to their algorithms in the United States, and Europe and elsewhere. I'm in favor of breaking these companies up as soon as we can.

Let me work this out. A hundred and whatever it was now.... Standard Oil was broken up because of its control over the oil business. Facebook and Google and Apple have far more control over their business than Standard Oil did 110 years ago.

The difference is that their business is knowledge and the access to knowledge, which is more important even than oil or when you think of MGM back in the days when they broke up the movie studios also owning the movie theaters. This is more important than movies and more important than oil. It is actually access to human knowledge.

The genius of George Orwell in "1984." He wrote that in 1948, in the early days of television. When you switch your television on, and you watched Milton Berle. George Orwell's thought experiment was, What if the television could watch you back?

That is the world that Google and Apple and Facebook have moved us into. The world of 1984, where the telly screen can watch you back. It's not even as if it requires any great imagination from the governments of the world because George Orwell wrote it all out in 1948.

The only answer to it is to actually split these up, use whatever you have, the antitrust legislation. I know conservatives are wary about it - conservatives are wary of using state power against private companies, but these companies are bigger.

Right now, in the United States we worry because Facebook is canceling some actress or pop star. In Australia right now, Facebook is trying to cancel an entire country. We have left it far too late to take serious moves against these people.

Question: Do you think the Winter Olympics of 2022 should be moved to another country? How come every country is being criticized except China?

Steyn: There is no point in doing all the masking and social distancing and the small shrunken lives with no concerts, no theater, no normal events, in which the citizenry congregate to celebrate, if we're not going to take action against China for what it did in Wuhan by closing Wuhan to the rest of China, but keeping international departures flying out to Rome and Madrid and Paris and Seattle and Vancouver and all the rest of it. None of it is worth doing unless you're going to take action against the country that, by conscious choice, exported it to almost 200 nations and territories. If you are not taking action against China, all this stuff we are doing at home to punish ourselves is an absolute, complete waste of time.

When Australia criticized China, China played smash‑mouth, and beat Australia down and pummeled them into the ground. From my mind, there was not enough support for Australia, either from its Commonwealth colleagues or from Europe or America over Australia standing up to China.

I try to restrain myself from seeing obvious metaphorical geopolitical symbolism in trivial events, but that story the other day about how China was making US diplomats undergo COVID anal swabs had too much symbolic power for what China has basically done to the entire planet to let it go.

They understand that; that is the reason they did it too. At some point, if we're not prepared to stand up... My whole thing, in all the years, is that Western civilization is sliding off a cliff and most citizens of most Western nations are not even aware of it.

They think the big story is whether Britney Spears will recover rights to her wealth from whoever is running it all at the moment. If you said to them, "No, the fact that Western civilization is heading off the cliff, is the one you ought to be focusing on".... We are running out of time to actually focus on that.

Question: Would you say that moving the supply chain out of China is really in the interest of each company because it is an inherent danger to any company to have its supplies centralized in a dictatorship country with a competitive commercial objectives?

Steyn: People used to ask me occasionally how I got into newspapers. American students rather touchingly used to ask me whether I'd gone to the Columbia School of Journalism or whatever.

I used to say, "No. I never met anyone who wound up writing the newspapers, who intended to do that." If you were in Africa a few years ago, and you said to someone, "You are the home affairs correspondent of a paper in Bulawayo, how did that happen?"

They would all tell you some sob story about how they had a copper mine in Zambia. Then Zambia became independent and the government nationalized the copper mine. That was what used to just happen to people who had rubber plantations, copper mines, or that kind of thing.

It had to be something you could only do in that particular corner of the world. With decolonization, that made it a little bit precarious. Now we have got everything that is made in China. All these companies know that you have to get half into bed with the regime in order to do business there. In China, when you do business there, you are expected to share it with the Chinese government.

Ultimately, we have come up with this false model in which we have accepted, basically, the premise that it is no longer feasible for citizens of developed nations to make things. That was always a completely a false statement. If you cannot make a widget in Massachusetts, it is generally because Massachusetts has an over‑regulated economic environment.

We cannot make widgets in Massachusetts, we cannot make laptops in Massachusetts, we cannot make smartphones in Massachusetts. Everything now is being made in China. Every single Western government should have an active decoupling policy with regard to China.

At some point, everybody should be aware that you are enjoying the benefits of slave labor when you buy products made in China. If you go to Walmart, almost every single product there is made in China. Nike got into trouble because they have slave labor in their factories where their shoes are made. Even if it is not direct, the whole economic model, the people who make the food that sustains the people who work at the factories are part of some enforced slave labor regime.

There is a moral component that we are overlooking. We live in an insane world where moral narcissism attaches to whether or not you rampage around some statue of a Confederate general who died 150 years ago. The fact that you're rampaging around the Confederate general while wearing shoes made by child labor somehow does not impact on your moral virtue at all.

We are in Harriet Beecher Stowe territory with this relationship, because it is a moral question. I do not believe there's any chairman, any chief executive, any COO, or anyone in these boardrooms who does not know what is ultimately underpinning this Chinese manufacturing.

Question: It seems as if several of President Trump's key executive orders on deportations, for example, were quickly blocked by federal judges. President Biden has blocked deportations, yet not a peep from the judiciary. What is your take on that?

Steyn: That is what happens when you bet on judges. I think it was Andrew Breitbart who famously said that politics is downstream of culture. Judges are downstream of culture, too. They respond to cultural pressures more easily than politicians do, which is why the left has made most of it to critical advances through the courthouses rather than through legislatures.

If you're obsessing on judges, you're already playing defense. We had a particularly good example of it just in the fall, where a couple of weeks after being rammed down the throats of the democrats in the Senate, Amy Coney Barrett then joins the majority in saying, "No, I'm not really interested in taking any election fraud cases."

Question: Do you see any effective backlash building to the woke consensus?

Steyn: The backlash will not come unless it is organized. My whole view is that unless you are prepared to surrender everything, surrender nothing. I find myself defending things I do not even like. Dr. Seuss is rubbish. His rhymes are doggerel. He is a complete waste of time.

If they are now trying to argue that for example, the bow tie of the Cat in The Hat is a dog whistle to fans of 19th century minstrelsy, as they did a year or two back, then I find myself having to defend Dr. Seuss. Again, this is all rubbish that we should not even be talking about. We have self‑moronized to the point beyond our ability to survive.

The war on the past is straight out in 1984, straight out of Orwell: Who controls the present, controls the past. Who controls the past, controls the future. If you blow up the past, you make social engineering so much easier because there is nothing to go back to.

That's why the Taliban blow up those Buddhist statues. That is why ISIS tore down pre‑Muslim heritage sites in Syria because it leaves only the current madness and eliminates the possibility of anything to go back to.

We used to talk about these people with bipartisan outreach. They have got broad appeal. They reach across the aisle. They recognize that people want to end their lives in a society that is not totally unrecognizable from the one they were born in.

Trump tapped into that in 2016. That is what provided Trump's margin of victory in Michigan, Pennsylvania, Wisconsin, and brought him close in a handful of other states too. He articulated that if you are living in a ruined town that once had a mill and a factory and you could afford a nice three‑bedroom house on a good size lot, which had no crime, and raised your children, that was fine. Now, the mill and the factory are gone, and your daughter does the night shift at the KwikkiKrap, and your son is running a meth lab because that is marginally more interesting than doing the night shift at the KwikkiKrap.

Trump recognized that there are basic questions on oldest functioning societies on Earth now, and that's actually the sweet spot for political leadership.

We are now all warts, all the time. But that is not true. We are the civilization that built the modern world. If you do not like us, we can go back to what it was 500 years ago. Basically, the world functions because of the world we built.

It has its flaws, and those flaws are sometimes serious, but for the most part, like the bow tie around the Cat in the Hat, they are completely irrelevant to the challenges to face us now. Someone has to take that gauntlet and run with it. We are going to have to have someone who is prepared to say, "Enough with the self‑loathing. Enough with the moral preening. We're going to put the Cat in the Hat bow tie around every Confederate General across the land and stop being ashamed of who we are."

Question: Any thoughts about Iran, and what should be done?

Steyn: I do not really know who is running the United States government at the moment. All we know is that the head of the executive branch is not really heading the executive branch. They bring him out once every few days, take him to an ice cream parlor with a 40‑car motorcade. He manages to order the ice cream pretty competently.

Other than that, we know two things. That the Iranians are keen to finish their nuclear project. At the same time, that the United States, under its present government, is keen to get back into the Iran deal and deliver more pallets of cash to sweeten that deal.

I would say that the likelihood of some Iranian‑American rapprochement quickly and early in this new administration is almost a certainty. I would also say that as we saw in the recent naval exercises, China, Russia, Iran, that there is a danger of putting enemies into boxes.

Those three guys did their naval exercises together because they understand that at a certain very crude level, they are opposed to the American unipolar world that has nominally existed since the fall of the Soviet Union.

I take Iran seriously. Not so much because of the Iranians, but because of the promises and the expectations in places like Sudan that Iranian nuclear technology will basically be shared with some of the most lethal basket-case states on Earth. Iran is in some sense like Russia and China. These are all, in a certain sense, great civilizations that have become perversions of themselves in a relatively short time.

The approach to Iran ought to be, "Look, this Islamic regime is exhausted. It has minimal support within the country. You have a rich long history before that, that is glorious, and it has been suppressed, but it has not been blown up like the Taliban did with those statues."

What we ought to be trying to do is connect the Iranian people with their great glorious past, which actually is a platform on which you can build a future. That again is one of Orwell's lessons.

*  *  *

The article above is a slightly edited version of an address by Mark Steyn to Gatestone Institute earlier this year.

Tyler Durden Mon, 09/20/2021 - 06:30

Read More

Continue Reading

Government

‘Build Back… You Know, The Thing’: Americans Have No Idea What’s In Biden’s Economic Plan

‘Build Back… You Know, The Thing’: Americans Have No Idea What’s In Biden’s Economic Plan

While Congressional Democrats spar over the ultimate size of President Biden’s "Build Back Better" economic plan, Bloomberg astutely points out that..

Published

on

'Build Back... You Know, The Thing': Americans Have No Idea What's In Biden's Economic Plan

While Congressional Democrats spar over the ultimate size of President Biden's "Build Back Better" economic plan, Bloomberg astutely points out that Americans have no clue what they're signing up for with their tax dollars. In fact, according to a CBS News poll published Oct. 10, just 10% of Americans say they know the specifics of the bill, while only 1/3 think it would benefit them directly.

What's more, "Not even Congress knows what the bill would accomplish, with the contents of the plan changing day-by-day as Democrats squabble over how much it should spend, who it should benefit and who should pay for it."

For example, on Tuesday, the White House suggested it would jettison free community college. The next day, Democrats were focused on proposed tax hikes after moderate Sen. Kyrsten Sinema (D-AZ) put her foot down over corporate and personal tax rates.

In an attempt to provide some clarity (don't hold your breath), Biden on Thursday night held a CNN town hall-style event (on the same night as Dune's US release).

In short, their messaging sucks.

"I will state the obvious, but they need to shift the focus away from process to policy. So far, the coverage around their proposal is all around Democratic divisions, which inevitably makes it impossible to sell," said former Marco Rubio communications director, Alex Conant. "Frankly, they need to talk about what their goals are," he added. "Why is this necessary?"

Republicans, on the other hand, are clear on their messaging; "Massive government spending leads to massive tax hikes," according to GOP strategist Ron Bonjean. "When you have a shifting number and shifting programs, it becomes confusing to follow."

Instead of focusing on the legislation’s new investments in child care, the elderly, education, healthcare and climate change, Democratic lawmakers have openly haggled over the price tag. A standoff between the party’s progressive and centrist factions has created cable news-ready drama.

Given how much is wrapped up in this package, it was always going to be a long and intense negotiation,”  said Ben LaBolt, a former spokesperson for President Barack Obama. “One way to start is to build the case for the way this will help middle class families and focus the public on those conversations, while at the same time preserving room for the closed-door negotiations to bring all of the elements of the party together for the biggest, most comprehensive approach possible.” -Bloomberg

In a Wednesday speech in Scranton, PA, Biden tried - and failed - to  convey how his economic agenda would help working class families - by intermingling stories about growing up in the area and programs contained in the legislation.

"Frankly, they’re about more than giving working families a break; they’re about positioning our country to compete in the long haul," said Biden, doing his usual poor job of reading a teleprompter. "Economists left, right, and center agree."

Meanwhile, Biden - let's face it, Biden's 'advisers' have failed to ink a final compromise between warring factions of Democrats. For the Build Back Better plan to pass, every single Senate Democrat must be on board. As moderates Sinema and Joe Manchin (D-WV) balk on the price tag and demanding deep cuts, progressive House Democrats are sure to similarly balk at passing the smaller, $1.2 trillion infrastructure package that's already passed the Senate.

While advocacy groups have started to spend heavily to promote policies in the plan, most of the discussion remains centered on its cost.

Biden’s advisers are banking on the presumption that ordinary Americans don’t pay much attention to the machinations of everyday Washington. Much as they were during the presidential campaign, the president’s aides are largely dismissive of what they call horse-race stories.

But Biden’s team had a much easier time selling his pandemic relief legislation, the American Rescue Plan, in March, with its convenient focus on three clear issues -- money for vaccines, money to re-open schools and checks sent directly to American households. -Bloomberg

"They haven’t laid out why we need this, other than Democrats are in power now and aren’t going to have it again for a long time," said Conant.

Good luck with that.

Tyler Durden Fri, 10/22/2021 - 08:51

Read More

Continue Reading

Government

Parents were fine with sweeping school vaccination mandates five decades ago – but COVID-19 may be a different story

Public health experts know that schools are likely sites for the spread of disease, and laws tying school attendance to vaccination go back to the 1800s.

Published

on

Children and parents lined up for polio vaccines outside a Syracuse, New York school in 1961. AP Photo

The ongoing battles over COVID-19 vaccination in the U.S. are likely to get more heated when the Food and Drug Administration authorizes emergency use of a vaccine for children ages 5 to 11, expected later this fall.

California has announced it will require the vaccine for elementary school attendance once it receives full FDA approval after emergency use authorization, and other states may follow suit. COVID-19 vaccination mandates in workplaces and colleges have sparked controversy, and the possibility that a mandate might extend to younger children is even more contentious.

Kids are already required to get a host of other vaccines to attend school. School vaccination mandates have been around since the 19th century, and they became a fixture in all 50 states in the 1970s. Vaccine requirements are among the most effective means of controlling infectious diseases, but they’re currently under attack by small but vocal minorities of parents who consider them unacceptable intrusions on parental rights.

As a public health historian who studies the evolution of vaccination policies, I see stark differences between the current debates over COVID-19 vaccination and the public response to previous mandates.

Compulsory vaccination in the past

The first legal requirements for vaccination date to the early 1800s, when gruesome and deadly diseases routinely terrorized communities. A loose patchwork of local and state laws were enacted to stop epidemics of smallpox, the era’s only vaccine-preventable disease.

Vaccine mandates initially applied to the general population. But in the 1850s, as universal public education became more common, people recognized that schoolhouses were likely sites for the spread of disease. Some states and localities began enacting laws tying school attendance to vaccination. The smallpox vaccine was crude by today’s standards, and concerns about its safety led to numerous lawsuits over mandates.

The U.S. Supreme Court upheld compulsory vaccination in two decisions. The first, in 1905, affirmed that mandates are constitutional. The second, in 1922, specifically upheld school-based requirements. In spite of these rulings, many states lacked a smallpox vaccination law, and some states that did have one failed to enforce it consistently. Few states updated their laws as new vaccines became available.

School vaccination laws underwent a major overhaul beginning in the 1960s, when health officials grew frustrated that outbreaks of measles were continuing to occur in schools even though a safe and effective vaccine had recently been licensed.

Many parents mistakenly believed that measles was an annoying but mild disease from which most kids quickly recovered. In fact, it often caused serious complications, including potentially fatal pneumonia and swelling of the brain.

With encouragement from the Centers for Disease Control and Prevention, all states updated old laws or enacted new ones, which generally covered all seven childhood vaccines that had been developed by that time: diphtheria, pertussis, tetanus, polio, measles, mumps and rubella. In 1968, just half the states had school vaccination requirements; by 1981, all states did.

Smiling boy rolls up his sleeve to get a shot from a nurse
Sometimes, students even received vaccinations from nurses at school. NIH U.S. National Library of Medicine, CC BY-ND

Expanding requirements, mid-20th century

What is most surprising about this major expansion of vaccination mandates is how little controversy it provoked.

The laws did draw scattered court challenges, usually over the question of exemptions – which children, if any, should be allowed to opt out. These lawsuits were often brought by chiropractors and other adherents of alternative medicine. In most instances, courts turned away these challenges.

There was scant public protest. In contrast to today’s vocal and well-networked anti-vaccination activists, organized resistance to vaccination remained on the fringes in the 1970s, the period when these school vaccine mandates were largely passed. Unlike today, when fraudulent theories of vaccine-related harm – such as the discredited notion that vaccines cause autism – circulate endlessly on social media, public discussion of the alleged or actual risks of vaccines was largely absent.

Through most of the 20th century, parents were less likely to question pediatricians’ recommendations than they are today. In contrast to the empowered “patient/consumer” of today, an attitude of “doctor knows best” prevailed. All these factors contributed to overwhelmingly positive views of vaccination, with more than 90% of parents in a 1978 poll reporting that they would vaccinate their children even if there were no law requiring them to do so.

Widespread public support for vaccination enabled the laws to be passed easily – but it took more than placing a law on the books to control disease. Vaccination rates continued to lag in the 1970s, not because of opposition, but because of complacency.

Thanks to the success of earlier vaccination programs, most parents of young children lacked firsthand experience with the suffering and death that diseases like polio or whooping cough had caused in previous eras. But public health officials recognized that those diseases were far from eradicated and would continue to threaten children unless higher rates of vaccination were reached. Vaccines were already becoming a victim of their success. The better they worked, the more people thought they were no longer needed.

In response to this lack of urgency, the CDC launched a nationwide push in 1977 to help states enforce the laws they had recently enacted. Around the country, health officials partnered with school districts to audit student records and provide on-site vaccination programs. When push came to shove, they would exclude unvaccinated children from school until they completed the necessary shots.

The lesson learned was that making a law successful requires ongoing effort and commitment – and continually reminding parents about the value of vaccines in keeping schools and entire communities healthy.

Add COVID-19 to vaccine list for school?

Five decades after school mandates became universal in the U.S., support for them remains strong overall. But misinformation spread over the internet and social media has weakened the public consensus about the value of vaccination that allowed these laws to be enacted.

adults and kids with signs protesting COVID-19 vaccines
Some anti-vaccination activists are vocal opponents of vaccine mandates for kids. Sarah Reingewirtz/MediaNews Group/Los Angeles Daily News via Getty Images

COVID-19 vaccination has become politicized in a way that is unprecedented, with sharp partisan divides over whether COVID-19 is really a threat, and whether the guidance of scientific experts can be trusted. The attention focused on COVID-19 vaccines has given new opportunities for anti-vaccination conspiracy theories to reach wide audiences.

[Over 115,000 readers rely on The Conversation’s newsletter to understand the world. Sign up today.]

Fierce opposition to COVID-19 vaccination, powered by anti-government sentiment and misguided notions of freedom, could undermine support for time-tested school requirements that have protected communities for decades. Although vaccinating school-aged children will be critical to controlling COVID-19, lawmakers will need to proceed with caution.

James Colgrove has received funding from the National Library of Medicine, the Greenwall Foundation, the Milbank Memorial Fund, and the William T. Grant Foundation.

Read More

Continue Reading

Stocks

2 High Yielding Canadian Dividend Stocks to Add Today

Many investors are looking to achieve financial freedom. Ditching that 9-5 job and being financially free is certainly a lifestyle to get excited about. To achieve this, many buy high-yielding Canadian dividend stocks. But, what many don’t realize is…

Published

on

Many investors are looking to achieve financial freedom. Ditching that 9-5 job and being financially free is certainly a lifestyle to get excited about.

To achieve this, many buy high-yielding Canadian dividend stocks. But, what many don't realize is that the dividend yield of a company is not the first thing you should be looking at. In fact, a high yield can sometimes be a looming disaster. Look no further than the record-breaking amount of dividend cuts we had during the COVID-19 pandemic.

There's no point in purchasing a high yielding Canadian dividend stock if you're going to watch your capital shrink. So, in this article we're going to highlight a few options that not only present a high dividend yield for investors buying stocks to churn out more passive income, but a reliable dividend yield, one that can stand the test of time.

Reliability found in Enbridge (TSX:ENB)

If you're an income investor, you've likely heard of Enbridge (TSE:ENB). The company has paid a notoriously high yield for decades, and has maintained one of the longest dividend growth streaks in the country, raising consistently for more than 2 and a half decades.

Enbridge is a midstream company with a growing renewable energy portfolio. To give an indication of the company's dominance, it states that it is responsible for shipping more than 20% of the natural gas that is consumed in the United States, and 25% of North America's crude oil.

Enbridge (TSX:ENB) and the renewable future

Its renewable energy portfolio is quite small, accounting for only 3% of 2020 adjusted EBITDA, but it is one that is growing fast, and investors should take note. As we move further into the future, renewables will no doubt play a key role in Enbridge's growth.

There's also a chance you've glanced at Enbridge during a pre-screen and avoided the company due to excessively high payout ratios. Which, is fairly reasonable. The company is currently paying out over 110% of trailing earnings towards its dividend. But, you may be missing a massive opportunity here.

Why has Enbridge been able to grow its dividend for as long as it has, despite payout ratios being over 100% for the better part of a decade? This is because the payout ratio in terms of both earnings and free cash flows are useless when it comes to pipelines.

When analyzing pipelines, you want to be looking at something called distributable cash flow, or DCF. This cash flow calculation is produced by the company themselves, and calculations can vary to some degree. Given the complex business structure of a pipeline company, this is the most reliable indicator to use when it comes to dividend safety.

In 2021, Enbridge expects to generate $4.70-5 in distributable cash flow. With a dividend of $3.34 per year, this puts the company's payout ratio at 66.8% on the high end. Of note, Enbridge's target is to keep its payout ratio within this range, and the company has done so for quite some time.

Consistent cash flows in "take or pay" contracts

How has it managed to do so? Cash flow with pipelines is extremely consistent, due to long term take or pay contracts. Regardless of whether or not Enbridge is shipping product, the pipeline space is paid for. And not only this, Enbridge can turn around and charge someone else to utilize that space, even if it has already been paid for and goes unused.

This creates an extremely reliable cash flow stream despite the price of natural gas or oil, and is one of the major reasons why Enbridge and other midstream companies are not as susceptible to volatility in commodity prices.

Yielding 6.47%, Enbridge is a solid option to help you bolster your passive income stream and start generating long-standing wealth.

Beefy distribution in A&W Revenue Royalties Income Fund (TSX:AW.UN)

TSE:AW.UN Stock

Royalty funds are often avoided due to their complex and confusing structure. However, many of them provide excellent opportunities for investors looking to generate passive income. A&W Revenue Royalties Income Fund (TSE:AW.UN) is one that does just that.

Many bears will point out that A&W in the United States has been struggling. However, in Canada it is a much different story.

A&W thriving in Canadian space

The company has over 1,000 restaurants in Canada and had system sales of over $1.4B in 2020, despite being in a global pandemic. The company has proven to be exceptionally skilled at marketing its products and has some of the best industry leading growth out of all fast food chains in Canada.

As a royalty company, A&W Royalty collects "top line" cash flows. Which means it is solely dependent on the sales driven through A&W restaurants. This means that its distribution can vary depending on how well the restaurants do, but overall it has been extremely reliable when it comes to payments.

Yes, the chain did suspend its $0.10 monthly distribution because of the pandemic in 2020, however it quickly made up for this by providing 2 special distributions of $0.30 and $0.20 when operations started back up later in the year.

Sales growth through the first 6 months of 2021

Prior to the pandemic, the company had achieved mid to high single digit same store sales growth over the last half decade, and it's off to a roaring start in 2021 as well, with 12.2% sales growth through the first 6 months. Through the first 6 months of the year the company has also added 34 new restaurants. To put this into perspective, the company added 37 in all of Fiscal 2020.

The fund yields 4.77%, and pays out on a monthly basis. Payout ratios will look high, but if you understand the operations of a royalty company, you'll know that it aims to pay out the vast majority of its distributable cash back to shareholders.

Overall, it seems consumers are willing to eat at A&W despite higher costs, which bodes well for the company's growth. It does this with great marketing and higher quality food than similar chains like Burger King and Mcdonalds, and investors are likely to enjoy a beefy (no pun intended) distribution for quite some time.

Read More

Continue Reading

Trending