Saturday, November 27, 2021

Missed Opportunities for Indexing

 Over the years our society has indexed a number of things--Social Security is indexed to the consumer prices, ETF's are indexed to various indices, income tax rates are indexed to consumer prices, etc.  Some social programs are means-tested and indexed to income. 

An index has two advantages IMO: it allows for gradual changes and it establishes a linkage between social factors. The gradual change is important: big changes get more recognition than gradual ones.  And psychology tells us that people get upset by the perception of loss, an upset which isn't balanced by their appreciation of gains. "Graduating" has similar effects.

I think we, especially liberals, should take more advantage of indexing.  For example, in 1993 the Clinton administration backed off its energy tax because of opposition from rural Democrats, particularly senators, and saw an increase in the gas tax as a fallback.  But what we should have done is index the gas tax to inflation. The effect would have been roughly to double the value of the tax. 

Another example: Obamacare was passed with a mandate, a financial penalty for not enrolling. What would have happened if we had graduated the penalty, Lessening the initial pain might have enabled the mandate to be preserved, instead of repealed by a Republican Congress. 


Friday, November 26, 2021

Vietnam Photo-Cathedral

 

This was in Saigon; I'm assuming a Catholic cathedral. Ngo Dinh Diem, the president of South Vietnam after the 1954 settlement which ended France's colonial rule, was a Catholic.

Thursday, November 25, 2021

We Were Wrong (Third World)

 Noah Smith writes about China's economic progress and its problems here.

His description of the progress China's made reminds me of how wrong/mistaken internationalist liberals were in the 50's and 60's. Back then it seems to me our focus was on the need for foreign aid to help the "Third World" to advance.  I'm thinking of people like Barbara Ward. For all that our hearts were in the right place, I think it's fair to say we never conceived of China's path out of severe poverty. 

Thank goodness we were wrong, because foreign aid, while important and helpful, never reached the levels we thought were necessary. 

Wednesday, November 24, 2021

USDA Is Last (in Vaccinations)

 That is reported by GovExec here: " The Veterans Affairs Department and Social Security Administration joined USDA in bringing up the bottom of the pack, with all three agencies holding vaccination rates under 88%." 

I suspect the three agencies share a feature--extensive field staffs located in red states.  I know from some posts on the Facebook page for the FSA employee group that whether or not to get the shots caused some angst.  FSA for one is culturally conservative. 

Tuesday, November 23, 2021

Vietnam Photo--Street Scene


I liked the conjunction of the traffic mostly of bicycles with the Esso station. This would have been in the outskirts of Saigon, IIRC.

Sounds Like Advantage to Females?

 Steve Kelman reports on research in Federal Computer Week--"soft skills" help team performance. To me it reads as if teams will work better if they have at least one stereotypical woman.

Monday, November 22, 2021

Vietnam Photo


 This was a building in downtown Saigon. We didn't often drive through the city. When I first arrived in Vietnam before I got the camera, when I was running a generator it was at the MAC-V headquarters, IIRC. 

Sunday, November 21, 2021

Vietnam Photo

 



I don't know any background to this statue--who or what it memorialized. Given the location and the time, my interpretation is it honors Vietnamese soldiers who fought for the French or the Republic of Vietnam (i.e. South Vietnam).

Alcohol and Weed

 Politico has a post on Prohibition, stating the case for prohibition being a reasonable reform with supporters ranging from Washington to Lincoln.  The writer is a historian with a new book out.  My mother was death on alcohol; looking back I'm not sure why.  I'm thinking there was some element of experience there, possibly from neighbors, or within the family; I don't know, I never asked. 

I can buy some of the argument, certainly the part about alcohol being one of the Progressive reform causes. Comparing the brewers and distillers to the today's peddlers of oxycontin and fentanyl is good, as is pointing to the impact of firewater on Native Americans.

Meanwhile, there are reports of national Republicans supporting the legalization, or at least the decriminalization, of marijuana. That's amazing to me, but it seems that it's the wave of the future.

I can't come out with just one standard rule for alcohol and drugs which I think would work for all times and all societies. 

Saturday, November 20, 2021

Vietnam Transport


 Many of the photos I shot were during trips between Long Binh and the company's HQ near Tan Son Nhut.  All were 35 mm slides; I forget the type of film but many didn't hold their color so I've tried to adjust using Google Photo tools.