Current Affairs

"Israel Shows What Alliances Are For"

Absolutely spot on.

Never mind that the $3 billion in military aid amounts to a Pentagon subsidy for American arms manufacturers. Never mind also that Israeli military technology and intelligence make an enormous (and largely untold) contribution to American security.

There's a reason to maintain alliances in the cold light of Realpolitik which conservative isolationists refuse to consider: Allies can do things that we want done at much less risk to us and at far lower cost than if we were to do them directly.


"Who Cares about Entitlements? Well all will—in about eight years."

Maybe the politicians will be ready in another twenty or fifty years.

Related:

"Analysis of the 2018 Medicare Trustees' Report".

Gross Medicare spending is projected to grow sharply from 3.7 percent of GDP in 2017 to 4.7 percent in 2027 and 5.9 percent by 2040. After that, it will grow more gradually to 6.2 percent by 2090. Spending growth is largely due to growth in the number of beneficiaries and per-capita health care costs.

"Social Security Will Be Insolvent In 16 Years. Maybe Congress Should Do Something About That."

The people responsible for solving this looming crisis—and for mediating what's sure to be a nasty debate over the future of both programs—spent yesterday acting like there is hardly anything more important than a bunch of rich jocks showing appropriate fealty to the president's opinions.

In other words, we are screwed.

"Darn. I may outlive Social Security".

I've got to quick go see my doctor.

For years he's had me on a health maintenance plan with the goal, he says, of keeping me alive until I'm 90.

Now I need him to ease back on the medicine and good living advice. I'm not sure my money will hold out that long.


"Lots of blame for Seattle’s head-tax debacle. Except where it belongs."

Quit yer complaining. In my experience political blunders are rarely reversed so quickly

Related: "Fed Up in Seattle".

Don’t believe the hype that “Amazon killed the Seattle head tax,” the new levy that the city recently passed on businesses to fund an affordable-housing initiative. The truth behind the city council’s stunning reversal—repealing the tax by a 7-2 vote, just four weeks after passing it 9-0—is that Seattle citizens have erupted in frustration against the city’s tax-and-spend political class that has failed to address the homelessness crisis, despite record new revenues.