Daily Clips: February 15, 2017
Are we headed for another Watergate?
It’s been a long time, but remember this: The road to Watergate and the resignation of Richard Nixon began in April 1969, three months after his inauguration, when the president ordered Mr. Kissinger to wiretap members of his own staff in an effort to stop embarrassing leaks of secret information. One thing led to another until the commander in chief was athwart the Constitution.
It’s been barely three weeks since the Trump team took office, and a distinct aroma has started wafting out of Washington, what Mr. Kissinger is said to have called “the odious smell of truth.”
Welcome to the new dark ages, where only the wealthy can retire:
The important thing to remember, however, is that none of this is as “inevitable” as the politicians would have us think. Many societies have an ageing population. But not all of them are willing to shove a frail 75-year-old back into a cut-throat service economy. That’s a specialism of societies that have embraced the utter madness of neoclassical economics, such as the UK and the US.
Reichert votes against releasing trump taxes: What a guy.
Monopolies are worse than we thought:
There’s now evidence that market concentration could also be hurting workers, by decreasing the share of national income that they receive. It’s probably making inequality worse.
Tweet of the day:
finally asked at end of news conference about his campaign's contacts with Russian intelligence, Trump mouths "thank you"
— John Harwood (@JohnJHarwood) February 15, 2017
