• Tillerson on Trump: “We did not have a common value system”

    Rex Tillerson listens manfully as Trump rants to his cabinet about God knows what.Chris Kleponis/CNP via ZUMA

    Former Secretary of State Rex Tillerson talked to Bob Schieffer last night about his year working for Donald Trump. Unsurprisingly, he described Trump as:

    pretty undisciplined, doesn’t like to read, doesn’t read briefing reports, doesn’t like to get into the details of a lot of things, but rather just says this is what I believe, and you can try to convince me otherwise, but most of the time you’re not going to do that.

    And then there was this:

    We are starkly different in our styles, we did not have a common value system. When the president would say, here’s what I want to do and here’s how I want to do it, and I would have to say to him, Mr. President I understand what you want to do but you can’t do it that way—it violates the law, it violates a treaty—he got really frustrated….I think he grew tired of me being the guy every day who told him he can’t do that, and let’s talk about what we can do.

    Hmmm. “We did not have a common value system.” I assume that Tillerson thinks of himself as an honest person, which means he thinks of Trump as a liar and a crook. He’s just too polite to say so.

    There’s nothing new here, I suppose. We’ve known all this for a long time. Still, it’s useful to hear it on the record from a high-ranking cabinet member who saw Trump in action.

    BY THE WAY: Tillerson, who has worked with Vladimir Putin both at ExxonMobil and as Secretary of State, says Putin is a lot smarter than Trump. “Many people talk about playing chess. He plays three-dimensional chess,” Tillerson said.

  • Chart of the Day: Net New Jobs in November

    The American economy gained 155,000 jobs last month. We need 90,000 new jobs just to keep up with population growth, which means that net job growth clocked in at an anemic 65,000 jobs. The unemployment rate stayed steady at 3.7 percent.

    There was a big drop in the number of people who work part-time for non-economic reasons (i.e., they work part-time by choice), but it wasn’t clear what happened to them. Did they quit entirely and go back to housekeeping, or did they take up full-time work? Its unclear from the other numbers, but either way it’s probably a measure of a fairly strong economy.

    Earnings of production and nonsupervisory workers increased at an annual rate of 3.8 percent. With inflation running at about 2.5 percent recently, that’s a real annualized increase of 1.3 percent. Not bad.

  • Health Care Spending Was Nearly Flat Last Year

    Check out the good news today:

    Health care spending as a share of GDP declined in 2017. That’s only the second time this has happened in recent history, and it continues a trend of nearly zero growth since 2009. Per capita spending was up, but only slightly:

    That’s a 1.1 percent increase over 2016—not quite flat, but pretty close.

    We still spend way more on health care than any other country, but our growth rate has been flattening for many years. Once again, this is evidence that the spending slowdown which started in the mid-aughts wasn’t an anomaly. The enormous spike that began in the early 80s was. We’re now getting back to the 1950-1980 normal, and there’s every reason to think that’s going to last for a while.

  • Donald Trump Is About as Popular as Other Presidents

    I’m not trying to make you depressed, but here’s the Gallup presidential approval tracker for Donald Trump and three other recent presidents at about the 100-week mark:

    Trump started out with record lows, but his approval level has been flat ever since. The others all declined steadily during their first two years.

    So this is where we are. Most presidents show declining popularity as time goes by, usually because their supporters get disillusioned or centrists drift to the other side. Trump, however, has shown surprisingly strong staying power. His fans, both strong and weak ones, continue to support him at about the same level as always. They haven’t become disillusioned or impatient.

    With nearly two years of data in hand, I think it’s safe to say that we’re not likely to see Trump’s support plummet. His supporters apparently knew perfectly well what they were getting when they voted for him, and the fact that he keeps delivering it therefore doesn’t bother them.

    Of course, something big could happen that would affect his support levels. This happened to Bush with 9/11 and Nixon with Watergate, but a really substantial change is fairly rare. Roughly speaking, Trump is a 40-45 percent president, and all the evidence suggests he’s going to stay there for a while.

  • A Short Primer In How to Handle the Deaths of Public Figures

    Win Mcnamee/PoolPrensa via ZUMA

    It is times like this that make me hate social media more than usual. However, better to light a candle than curse the darkness, right? So here’s how the ordinary world works, folks:

    • When someone dies who is not Idi Amin or Adolph Hitler, it is customary in public venues to be at least minimally respectful toward their memory—or to shut up and say nothing—for a few days.
    • This is because their family and friends are in mourning, and they deserve a bit of time for their grief.
    • Obituaries will generally mention all aspects of a person’s life, good and bad, and this has been the case with George H.W. Bush. However, the fact that an obituary is not sufficiently savage on a particular point that especially irks you is not a good excuse to write a 50-part tweetstorm educating all the rest of us.
    • Just generally, being critical upon someone’s death is OK. Really! Being brutal generally isn’t.
    • After a few days or a week, feel free to say anything you want.

    That’s about it. Easy, isn’t it? This is considered common courtesy, and does not mean that (a) nobody is ever allowed to say anything bad about the establishment, or (b) everyone has forgotten what a bad person this was. It just means that out of respect for a grieving family, we lower the howitzers for a few days.

    I hope this primer has been helpful for those of you who need it.

  • Murder Rates Are Declining For the Second Year in a Row

    Jeff Asher of the New York Times takes a look at 2018 murder rates in big cities and extrapolates a likely decline of about 5 percent nationwide. If that pans out, the US murder rate will look like this:

    So murder rates rose for two years (2015 and 2016) and have now declined for two years (2017 and 2018). The initial increase was quite large, and still unexplained as far as I know. However, if I had to guess, I’d say it was most likely drug related: murder rates increased as the opioid crisis finally got out of control, and the decline starting last year is a sign that perhaps the opioid crisis has peaked and is now starting to fade. This would be consistent with previous episodes of drug use, which have always been episodic and faddish, with a lifetime of around ten years or so (heroin —> crack —> marijuana —> meth —> opioids).

    My prediction: murder rates will continue to decrease as the opioid epidemic finally burns out and will then plateau at around 4.0. Stay tuned.

     

  • We Need a Climate Miracle. Would You Spend $500 Billion per Year to Get One?

    I don’t know for sure if the rural/working class revolt in France is more about fuel taxes, reduced speed limits, or just a general dislike for that city slicker Emmanuel Macron. But higher diesel prices are part of it, so yesterday Macron backed off his new fuel taxes, which were explicitly imposed as a way of reducing fuel use in response to climate change. This all happened in a country that’s pretty progressive on environmental issues.

    Meanwhile, Canada is one of the greenest countries you could imagine. But does that mean they’re going to stop drilling for oil in their famous tar sands? Oh my no. Just the opposite. Likewise, Jerry Brown is America’s greenest governor, but that doesn’t mean he’s willing to put limits on oil drilling in California.

    Hypocritical? Sure. But keep in mind that this is about as good as it gets. In the less developed countries, they’re barely even willing to adopt a veneer of caring about climate change if it requires any sacrifice at all. China is still all-in on coal and India has little interest in doing anything that might hurt economic growth by a tenth of a percentage point.

    And the United States—well, I hardly have to say anything about the United States, do I? We’re the richest big country in the world, and we probably have the strongest capacity of any nation on earth to generate huge amounts of solar and wind power with only modest sacrifice. But we don’t. We had a green president for a few years, but Republicans in Congress refused to consider even a limited plan to raise the cost of dirty energy. Today we have a president who actively prefers coal mining and oil drilling to clean energy because his base works in those industries.

    I could go on. But what’s my point? Just this: the danger of future climate change is now about as clear as it’s going to get. It’s not a matter of computer models anymore. Just look around you and the evidence is all there: wildfires, droughts, hurricanes, desperate migrants, the Northwest Passage opening up. Those will get slowly worse over the next few decades, but they’re already bad enough to be clearly visible. And yet there’s still no real willingness to reduce fossil fuel use anywhere. Not if it costs more than a trivial few cents anyway, and even at that it’s hard to get the public to approve it unless that cost is buried somewhere.

    Like most of you I want to keep fighting to reduce fossil fuel use, but at the same time I’ve come to recognize the reality that it’s not going to happen. Not via carbon taxes or lots of hectoring, anyway. As Chris Hayes has pointed out, there’s about $20 trillion worth of fossil fuels still left in the ground right now. Knowing what you know about human nature, what are the odds that anyone is going to leave all that money there? About zero, right? Hayes compares it to the $10 trillion economic value of slaves in the South on the eve of the Civil War, and points out that this is why the South would never, ever voluntarily give up chattel slavery. It took four years of the bloodiest war in history to finally force their hand.

    I would say the same is true today: the owners of fossil fuels will never, ever voluntarily give up their reserves. Something on the order of World War II might force them to do it, but who would be fighting whom? There are no opposing sides in this war.

    Bottom line: there is no feasible way to keep all that carbon in the ground merely through regulation or fuel taxes or whatnot. It might help a bit, which means we should keep trying, but in the end it won’t work except on the margins. I don’t like this conclusion any better than anyone else, but I think it’s correct.


    So what’s the answer, aside from frying the planet? That’s simple: we need a miracle. And we should be spending vast sums of money to get one.

    The “miracle,” in this case, is anything that either (a) produces cheap, clean energy in abundant quantities, or (b) safely removes carbon from the atmosphere at scale. That’s it. The former would keep fossil fuels in the ground by reducing its economic value, while the latter would halt global warming even if we burn every last gram of coal and oil on the planet.

    That’s what we should be spending our money and emotional energy on—and not in our current nickel-and-dime way. I’d say we need a Manhattan Project-like commitment and annual spending of around 1 percent of GDP. And that’s global GDP I’m thinking of. Call it $500 billion in round numbers. The US share would be around $200 billion or so. Every. Single. Year.

    We’ve already made significant progress on wind and solar, and there are other renewable energy sources out there too. But they aren’t enough. There are theoretical limits to how much solar power we can harness and practical limits to how much wind power we can capture. What we need is some kind of massive breakthrough that we can barely imagine yet. I have no idea what it might be, but I’m willing to bet it’s out there.

    And there’s actually a chance of this working. The public hates higher taxes and stricter regulations, but they love spending money. If world leaders got together and declared this a war, everyone would cheer. And both national leaders and their publics would adore the idea of hundreds or thousands of huge research projects springing up all over the world to invent valuable new technologies.

    It might even work. That’s the best I can honestly say about it. But even at that, it’s still a lot better odds than trying to keep all those fossil fuels in the ground.

  • Why Is Tumblr Taking the Fall for Apple?

    I have now read about a dozen articles taking Tumblr to task for its decision to ban adult content. I don’t get this. Tumblr’s decision was very clearly forced on it by Apple, which removed Tumblr from the App Store until it cleaned up its act. This is the equivalent of the death penalty: Tumblr can’t survive without access to the Apple ecosystem, so they have to do what Apple tells them.

    So why isn’t everyone yelling at Apple instead? They’re the ones who are responsible for this new policy. But … crickets.

    POSTSCRIPT: If I were running Tumblr, I’d fork the app and create a new one just for Apple. If you want the old Tumblr, you can get it on Android or Windows or whatever. If you insist on using an iPhone, you get a bowdlerized version. Don’t like it? Complain to Tim Cook.