a Better Bubbleโ„ข

Kevin Drum ๐Ÿ•ธ

Will Donald Trump really make $3 billion from his sham stock offering?

8 months ago
Donald Trump's plan to take his worthless social media company public has been approved by investors. At the current valuation of the acquiring vehicle, his 80 million shares (give or take) will be worth north of $3 billion: But what's really going to happen when the newly merged company starts trading? It currently has 37 ...continue reading "Will Donald Trump really make $3 billion from his sham stock offering?"
Kevin Drum

Mike Johnson has pissed off the Freedom Caucus again

8 months ago
Is it time to play Speaker Roulette again? Reigning House lunatic Marjorie Taylor Greene is mad that Mike Johnson passed a budget package with the help of Democratic votes: Representative Marjorie Taylor Greene, Republican of Georgia, on Friday took the first step toward ousting House Speaker Mike Johnson, filing a resolution calling for his removal ...continue reading "Mike Johnson has pissed off the Freedom Caucus again"
Kevin Drum

Is social media duping impressionable teens about contraceptive use?

8 months ago
The Washington Post reports today that misinformation about birth control has surged on social media: Physicians say they’re seeing an explosion of birth-control misinformation online targeting a vulnerable demographic: people in their teens and early 20s who are more likely to believe what they see on their phones because of algorithms that feed them a ...continue reading "Is social media duping impressionable teens about contraceptive use?"
Kevin Drum

The working class has a lower life expectancy than 30 years ago

8 months ago
In 1983 Congress passed a Social Security bill that, among other things, raised the retirement age from 65 to 67. This was justified on the basis that life expectancies had gone up a lot since the program started in 1937. There was something to this. Life expectancy after reaching adulthood (age 25) increased more than ...continue reading "The working class has a lower life expectancy than 30 years ago"
Kevin Drum

Lunchtime Photo

8 months ago
This is a cute little house jutting out over the Seine. I guess the passage under the house is sort of like having an attached garage: just tie up your boat and take the elevator directly up to your living room. It's got an elevator, doesn't it?
Kevin Drum

Are House and Senate Republicans even the same species?

8 months ago
Punchbowl reports today about a bill that trades a Republican tax cut for a Democratic increase in the Child Tax Credit: The Wyden-Smith tax bill is in deep trouble. The Senate Finance Committee’s top Republican, Sen. Mike Crapo of Idaho, told GOP colleagues privately on Wednesday that he doesn’t want to pass a tax bill ...continue reading "Are House and Senate Republicans even the same species?"
Kevin Drum

The new GOP budget is just the same old claptrap

8 months ago
The Republican Study Committee—which includes nearly every Republican in Congress—released its latest budget proposal today. It's getting a lot of attention on Twitter because it includes cuts to Social Security even though Republicans have spent the past year angrily denying Democratic claims that they plan to cut Social Security. But that's not what struck me. ...continue reading "The new GOP budget is just the same old claptrap"
Kevin Drum

Lunchtime Photo

8 months ago
Last month I took a picture of a globular cluster catalogued as M5. I wasn't able to do a great job with it, however, and thought I'd give it another try sometime. A week ago I was out in the desert again, but M5 was too low in the sky to image properly. Pretty much ...continue reading "Lunchtime Photo"
Kevin Drum

New report suggests that more internet = more happiness

8 months ago
The 2024 World Happiness Report was released yesterday, and it showed the youth of America becoming steadily unhappier. Wait. No it didn't. Happiness among the young actually ticked up a bit in the latest report. But no matter: Dr Vivek Murthy, the US surgeon general...described the report findings as a “red flag that young people ...continue reading "New report suggests that more internet = more happiness"
Kevin Drum