a Better Bubbleโ„ข

Kevin Drum ๐Ÿ•ธ

Fox News has destroyed American confidence in itself

1 year ago
This week the Economist wrote about the way American trust in institutions has collapsed over the past couple of decades. This is not news. However, this is a very interesting comparison: Collapse of trust in government is a purely American phenomenon. Why? Because we have Fox News and the others don't. Oh, they have tabloids ...continue reading "Fox News has destroyed American confidence in itself"
Kevin Drum

Democrats shatter the rules to pass Ukraine aid through the Rules Committee

1 year ago
The Ukraine aid bill has finally passed the House Rules Committee so it can come to the floor for a vote: The House Rules Committee is pretty much what it sounds like: a committee that formulates the rules of debate before a bill is allowed on the floor. Back in the day, the chairman of ...continue reading "Democrats shatter the rules to pass Ukraine aid through the Rules Committee"
Kevin Drum

Congress is supposedly mad about something

1 year ago
Politico reports: Lawmakers on both sides of the aisle aired outrage Thursday after a POLITICO report that the Chinese embassy lobbied members of Congress on legislation that would force the sale of TikTok by its Beijing-based parent company. Let me get this straight. Members of Congress are allegedly outraged because Chinese diplomats told them in ...continue reading "Congress is supposedly mad about something"
Kevin Drum

Health update

1 year ago
I got my bone scan a couple of days ago and the results were back in a couple of hours. Would you like to see them? Impression: Evidence for abnormal activities in the spine ribs and pelvis and questionably long bones. A PSMA PET scan is recommended for correlation Findings: There is suspicious increased radiotracer ...continue reading "Health update"
Kevin Drum

GDP looks to be fairly strong in Q1

1 year ago
In case you're curious, first quarter GDP will be released next week, which means we're close enough that the GDPnow forecast from the Atlanta Fed is probably pretty accurate. Here it is: Not bad. If this pans out it would be slightly down from 3.4% in the fourth quarter of 2023.
Kevin Drum

Running the House of Representatives is like running a kindergarten class

1 year ago
Over at National Review, Philip Klein comments on Mike Johnson's plan to force a vote on Ukraine/Israel/Taiwan aid: It appears that House Speaker Mike Johnson is at his breaking point. Like prior Republican leaders in his position, most recently Kevin McCarthy, Johnson was willing to humor the pugilistic members of his caucus for a certain ...continue reading "Running the House of Representatives is like running a kindergarten class"
Kevin Drum

Donโ€™t believe everything you see on the internet

1 year ago
This tweet was posted a few days ago: Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford their housing payments—and many are making big sacrifices to cover their costs, per Redfin and Axios: pic.twitter.com/pFLPhLuOEl — unusual_whales (@unusual_whales) April 15, 2024 Matt Darling reposted it but then added: These numbers are ...continue reading "Don’t believe everything you see on the internet"
Kevin Drum

Home sales fall in March

1 year ago
Sales of existing homes took a big tumble last month: That's a 4.3% decline from February. However, even though these numbers are seasonally adjusted, it looks like every year sales peak in January or February and then drop off the following month. So this might just be normal seasonal behavior.
Kevin Drum

Illegal immigration remains steady yet again in March

1 year ago
CBP released border numbers last Friday and they were once again about the same as last month: Total encounters in February came to 189,000, of which 44,000 were migrants who made appointments for asylum through CBP's mobile app. The number apprehended crossing illegally was 137,000.
Kevin Drum

Lunchtime Photo

1 year ago
Look at this cute little guy. It's a peninsular pronghorn, and he looks like he wants me to offer him a bit of kibble or something. Sadly, I don't know what pronghorns eat, peninsular or otherwise. Plus I didn't have any food anyway. And the zoo doesn't want you to feed the animals. The deck ...continue reading "Lunchtime Photo"
Kevin Drum