https://www.bloomberg.com/news/articles/2019-08-05/yield-curve-blares-loudest-u-s-recession-warning-since-2007

Brace for ugliness.

https://twitter.com/tomwatson/status/1157635643230568449?s=17

Tom Watson (@tomwatson) Tweeted:

I didn’t think this until recently. But the DSA vote, the rise of his Stein-voting leadership team, ongoing cozy relationship with Gabbard etc have me rethinking. Sanders may well go third party if denied. He should be asked about this in debates. https://t.co/ksVz7lE06R

https://www.washingtonpost.com/news/wonk/wp/2017/04/06/how-dare-you-work-on-whites-professors-under-fire-for-research-on-white-mortality/

«Our first paper, in the PNAS, was very much just the facts. People were upset at us for not putting black mortality on one of our charts, but the reason it’s not there — which we explain — is that black mortality is so high it doesn’t fit on the graph.»

https://www.nytimes.com/interactive/2019/08/02/us/politics/2020-democratic-fundraising.html

SUPER interesting maps. Cotton belt in the South, where the old shoreline was, millions of years ago: Harris & Warren (IF you filter out Sanders).

https://www.washingtonpost.com/politics/take-texas-seriously-gop-anxiety-spikes-after-retirements-democratic-gains/2019/08/02/d9e9942c-b4b8-11e9-8949-5f36ff92706e_story.html

50-state plan! (Or 254-county plan, as the case may be.)

«Democratic presidential candidate Beto O’Rourke, the former Texas congressman who lost last year’s Senate race against Cruz by a razor-thin margin, argued at Tuesday’s presidential debate that Democrats “have a chance to beat Donald Trump in Texas” by “traveling to every county, not writing anybody off.”»

(Of course, it’s Beto, so… ¯\_(ツ)_/¯ )

A-a-a-n-d right after I pull the trigger on that post, I see this from Noah Smith (@Noahpinion).

So… yeah, I guess prices have gone up more than income, but… not by those huge factors?

This seems like a pretty cool marketing campaign.

https://www.wsj.com/articles/families-go-deep-in-debt-to-stay-in-the-middle-class-11564673734

«But the debt pile is also an accumulated ledger of economic risk. It should be manageable so long as unemployment remains low. If job losses begin to rise, it would become unsustainable for some share of borrowers, raising chances of an increase in missed payments and lenders writing off unpaid balances. The Fed lowered interest rates on Wednesday because it sees rising risks of a slowdown that could boost unemployment.

Median household income in the U.S. was $61,372 at the end of 2017, according to the Census Bureau. When inflation is taken into account, that is just above the 1999 level. Over a longer stretch—the three decades through 2017—incomes are up 14% in inflation-adjusted terms.

Average housing prices, however, swelled 290% over those three decades in inflation-adjusted terms, according to an analysis by Adam Levitin, a Georgetown Law professor who studies bankruptcy, financial regulation and consumer finance.

Average tuition at public four-year colleges went up 311%, adjusted for inflation, by his calculation. And average per capita personal health-care expenditures rose about 51% in real terms over a slightly shorter period, 1990 to 2017.»

https://twitter.com/threadreaderapp/status/1134363569175388160?s=17

Josh Huder (@joshHuder) Tweeted:

Seven. If the argument is, “yes, but an inquiry would produce information.” Sure. But the current investigations also produce information. And further, committees now hold several powers that previous congresses didn’t without initiating an inquiry.

https://cathedral.org/press-room/have-we-no-decency-a-response-to-president-trump/

Washington National Cathedral has had enough.

«When does silence become complicity? What will it take for us all to say, with one voice, that we have had enough? The question is less about the president’s sense of decency, but of ours.»