Favorites July 13th 2022

July 2020

Jeanna Smialek @jeannasmialek

*Big* headline inflation number: 9.1% It’s more than the 8.8% economists expected. Highest since 1981.

Noah Smith 🐇🇺🇦 @Noahpinion

In terms of month/month headline CPI inflation, we are now back to just about the highest rates that we ever saw in the Great Inflation of the 1970s.

The Federal Reserve's response to this is going to be to further raise interest rates (the market is already expecting an unprecidented 1% rate hike), unfortunately, the price of gas has fallen a ton since the period we have inflation data for, so they might also overshoot and cause a huge recession. Plus the way we measure rent is probably a trailing indicator of real rent. They probably should have gone with bigger hikes earlier. It's enough to give you sympathy for the Fed of the 1970s.

Noah Smith 🐇🇺🇦 @Noahpinion

This is a line that sounds like a wild exaggeration that a hysterical person would write, and yet is 100% true and non-hysterical and is no exaggeration. American politics has brought us to some dark, dark times.

Keegs 🧮🏗️ @LittleKeegs0

Republicans want 10 year olds to carry rapists' children https://t.co/gyucMTwDLQ

Here's the underlying story, the Republican position on this is indeed quite horrible.

Jake Moffatt @jakeonrails

@sam_d_1995 They've literally stopped enforcing traffic laws, reducing steadily from 11,000 citations in April of 2014 to less than 400 citations in April of 2022:

Dan Federman points to this chart as the clearest argument for non-police enforcement of traffic laws. I'd add that it's also a great argument specifically for automated traffic enforcement.

Liam Bright @lastpositivist

Empirical education research is legit one of the most depressing fields out there.

Dr Lucy Foulkes @lfoulkesy

This is important: A carefully-designed, well-powered trial has found that teaching mindfulness in schools does not reduce depressive symptoms (CES-D), social-emotional-behavioural functioning (SDQ) or wellbeing (WEMWBS) in 11-13 year olds (N=8376) https://t.co/9UvBqT7BO2

The outcomes for depressive symptoms and wellbeing scores were actually a bit *worse* in the treatment group. What a bummer of an outcome.

Phillips P. OBrien @PhillipsPOBrien

The fact that Russia is now relying on Iran to provide it with vital, front line military equipment that it seems incapable of making enough of itself, goes a little way to explaining why it’s not the great power many have argued https://t.co/6mMe7BzhLl

The Kyiv Independent @KyivIndependent

Previously, U.S. National Security Adviser Jake Sullivan announced that Iran might provide hundreds of drones to Russia, which will likely “improve Russian aerial reconnaissance and indirect fire accuracy in Ukraine.”

Plus, what a good opportunity for Israel to act like the ally of the West it styles itself as and help Ukraine. Even Turkey is doing more to help right now…