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Abbreviated Pundit Roundup: That recession the media insists is going to happen? Maybe it won't [1]
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Date: 2023-01-27
George Santos: I was Baron von Munchausen’s tutor.
Timothy Snyder, on Twitter:
The person who led the relevant section, Charles McGonigal, has just been charged with taking money from the Russian oligarch Oleg Deripaska. Follow this thread to see just how this connects to the victory of Trump, the Russian war in Ukraine, and U.S. national security. 1/20
In April 2016, I broke the story of Trump and Putin, using Russian open sources. Afterwards, I heard vague intimations that something was awry in the FBI in New York, specifically counter-intelligence and cyber. We now have a suggestion as to why. 0/20
David Wallace-Wells/The New York Times:
Britain’s Cautionary Tale of Self-Destruction
For a few weeks last fall, as Liz Truss failed to survive longer as head of government than the shelf life of a head of lettuce, I found myself wondering how a country that had long seen itself — and to some significant degree been seen by the rest of the world — as a very beacon of good governance had become so seemingly ungovernable. It was of course not that long ago that American liberals looked with envy at the British system — admiring the speed of national elections, and the way that new governing coalitions always seemed able to get things done.
Post-Brexit, both the outlook for Britain and the quality of its politics look very different, as everyone knows. But focusing on a single “Leave” vote risks confusing that one abrupt outburst of xenophobic populism with what in fact is a long-term story of manufactured decline. As Burn-Murdoch demonstrates in another in his series of data-rich analyses of the British plight, the country’s obvious struggles have a very obvious central cause: austerity. In the aftermath of the 2008 global financial crisis, and in the name of rebalancing budgets, the Tory-led government set about cutting annual public spending, as a proportion of G.D.P., to 39 percent from 46 percent. The cuts were far larger and more consistent than nearly all of Britain’s peer countries managed to enact; spending on new physical and digital health infrastructure, for instance, fell by half over the decade. In the United States, political reversals and partisan hypocrisy put a check on deep austerity; in Britain, the party making the cuts has stayed steadily in power for 12 years.
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