Gongol.com Archives: March 2018
March 2, 2018
The President fires off a rant against Alec Baldwin, for no sensible reason. He makes a choice, every day, to behave this way. To make these his priorities. To pick these fights. This is a choice.
A global trade war isn't "easy" to win
"Trade war" isn't even good nomenclature. "War" conveys an impression of an event with a winner and a loser. But, on net, everyone loses in a trade war. It's more like mutually-assured destruction. The President may rant and rave in capital letters about his outdated notions of what makes an economy, but trade protectionism is the helicopter parenting of economics. Moreover, with the economic damage being intentionally done via stupid tariff policies and trade restrictions, worse things may happen even faster. Federal deficits are soon to eclipse the annual GDP, and a hobbled economy produces smaller tax revenues.
The cyberwarfare threat is real. Our response isn't.
Asks Senator Ben Sasse: "Why should the American people have any confidence in their government right now in the area of cyberwar?" A good and urgent question, indeed.
"If you're so smart, why aren't you rich?"
In a computer simulation that closely resembles the distribution of wealth in the real world, "[T]he wealthiest individuals are not the most talented (although they must have a certain level of talent). They are the luckiest." If this is an accurate representation of how talent is rewarded in the real world, then it has really substantial implications for how we choose to remunerate talent (and otherwise compensate it without money, but with things like social esteem). It echoes a comment from Bill Gates: "I am always fascinated by the question of whether the most talented people end up in critical positions -- in politics, business, academia, or the military. It's amazing the way some people develop during their lives." Most likely, there is a great deal of the ultimate outcomes in wealth that is shaped by choices that people make early in their lives -- when pure talent and intelligence don't necessarily determine the quality of decision-making, since they're not informed by wisdom and experience. Getting set in the right direction early on -- often by luck of finding something like an industry on the rise -- might explain much of the outcome. And in that case, it certainly speaks volumes to the impact of family members and other trusted elders who may guide their younger counterparts to the right places at the right times, before they can make informed decisions for themselves.
According to NBC News: "Some top Qatari government officials believe the White House's position on the blockade may have been a form of retaliation driven by Kushner who was sour about the failed deal" to bail out one of his family's investment properties. If personal financial interests are influencing Federal government policy at the very top, that's an inexcusable threat to the idea of good government.
Facebook axes the "Explore Feed"
They had tried to separate institutional and personal news from one another, but users didn't like it or use it. So now everything is back together, but with the supposed emphasis on "family and friends"-type content.
The President's plans for massive tariffs on steel and aluminum imports appear to have been a completely impulsive declaration made without any serious forethought or planning. There is much to be disturbed by the fact that he, after more than a year in office, still does not understand the fact he needs to show more discipline than the average adult. That's just basic comprehension of the role.