Five Things We Don’t Want You To Miss
The past week has been jam packed with big news. Kamala Harris has seen the fruits of her debate performance manifest in poll gains, Vance and Trump have continued their racist lies about Ohio immigrants– despite the supposed evidence being debunked, and we heard about a NY Magazine journalist’s affair with RFK Jr, despite writing a profile piece on him that made him seem really unappealing. And we don’t even want to mention what’s been reported on the North Carolina Governor’s race.
You’d be forgiven for missing some terrible neoliberal commentary with all that going on. That’s why we’ve been monitoring the ponderous pundits, neoliberal know-nothings, and kooks of the commentariat for you! What with the election and all, we’re going to serve up a weekly(ish) assortment of especially egregious hackery. Don’t worry, the Hackwatch columns you know and love will still be coming your way, but now, we’ll keep you up to date even when we don’t have one. And all you have to do to get it sent straight to you is hit that subscribe button.
So, with that out of the way, sit back, relax, and join us for a stroll through the senseless.
Which Is Worse: Unorthodox Economics Or Racist Blood Libel? This WaPo Columnist Can’t Tell
Catherine Rampell has been fixated on so-called greedflation for over a year. Her latest attack on progressive economics research involves equating it with the Republican party’s disgusting lies about Haitian immigrants in Springfield, Ohio. Isn’t both-sidesism beautiful?
Journalists Should Be Wary To Declare Harris Uniquely Unpopular With Labor
The Teamster non-endorsement was accompanied by “polling” that seemingly showed a dramatic shift of member support from Biden to Trump after the current president stepped down from atop the ticket. But while the narrative that Harris is bleeding union support is compelling, the data to back this up is significantly less so.
Everyone was excited by the Fed rate cuts. Everyone but Larry Summers that is. Here’s why his doom and gloom prediction isn’t actually as convincing as he’d like you to believe.
You Do Not, Under Any Circumstances, Gotta Hand It To Fossil Fuel Companies
Matthew Yglesias wants Democrats to be nicer to big fossil fuel companies, but not even for electoral gain. He claims it’s just good, common sense policy. His arguments aren’t as well put together as he may lead you to believe.
Jay Powell’s Delay Caused Unnecessary Damage
The Fed cut rates by 50 basis points (CNBC speak for 0.5%). But that doesn’t mean that Powell should be let off the hook for waiting until the last minute.
Bonus Blunder:
Twitter-poisoned hedge fund manager Bill Ackman tagged the NCAA’s Southeastern Conference in a complaint about the supposed bias in the first (and possibly last) Kamala Harris Donald Trump presidential debate. Unfortunately for Ackman, neither the football powerhouse, nor the Securities and Exchange Commission would be the appropriate place for such a complaint. Here’s hoping he tags the correct FCC when he finally figures things out and not the Cincinnati-based soccer team.