There Is No Fiscal Cliff: A Lesson in Metaphor

If you live in Washington, DC, you most certainly hear and read about the “fiscal cliff” on a daily basis — especially as the “impending doom” inches closer. If you don’t live in DC, you’ve probably still heard/read about the fiscal cliff because there are national implications. I wonder — did you stop to think about the “fiscal cliff?” That is, does the metaphor accurately represent what it is that we’re talking about?

From Matt Yglesias:

A salient fact about non-metaphorical cliffs is that falling over them is generally irreversible. If the cliff is high enough that falling off of it would kill you, then if you fall off you’re going to die and that’s the end of it. The “fiscal cliff” by contrast isn’t like that at all.

And from Steve Kornacki:

That’s not a good way to understand what we’re facing. The reality is that the “cliff” is really more of a slope. A gradual slope. It works like this:

If nothing happens between now and the end of the year, then on January 1, the Bush tax cuts will expire, the alternative minimum tax will reach further down the income ladder, and payroll tax rates will revert to 6.2 percent. (They’re 4.2 percent now — that was part of the big Obama tax cut that no one ever seemed to notice or give him credit for.)

But — and this is the critical point — this won’t all happen at once.

It’s not like John and Jane Taxpayer will wake up on January 1 and be socked with a bill for $3,000. Only the payroll hike would go into effect right away.

It would be months before most taxpayers were actually hit with higher income tax rates or the AMT [Alternative Minimum Tax].

Ditto for the big, scary spending cuts you’re hearing about, which will be phased in over the year, and even into future years.

And why is this important?

Because it means there’s time after January 1 for Congress and the White House to reach a deal — lots of time.

I’ve written about the importance of words, but when it comes to instances like this, the words we use are even more important. The fact that so many of us are constantly using this metaphor to discuss the impending changes to America‘s fiscal policy makes the metaphor that much more entrenched. And by extension, that also makes those people who only hear about these changes in passing that much more frightened (by the metaphor).

So, when you hear dramatic metaphors, especially from politicians, be sure to look into the details to decide whether someone’s using hyperbole to scare the public.

Oh — and in case you’re interested, from the Center on Budget and Policy Priorities:

The greater danger is that misguided fears about the economy going over a “fiscal cliff” into another Great Recession will lead policymakers to believe they have to take some action, no matter how ill-conceived and damaging to long-term deficit reduction, before the end of the year, rather than craft a balanced plan that supports the economic recovery in the short term and promotes fiscal stabilization in the intermediate and longer run.

Why It’s Important to Disclose Conflicts of Interest

For the last couple of weeks, I’ve noticed an increasing number of columnists/authors/reporters/personalities disclosing potential conflicts of interests. Firstly — THANK YOU! I very much appreciate it when I’m reading something to know that the information I’m reading may be coming from someone who has a bias. It’s okay to be writing about something/someone close to you, but it leaves a bad taste in my mouth when I later find out that the person writing about topic X has a vested interest in how topic X does and the person didn’t have a note about it in the article.

Part of the problem with people not disclosing possible conflicts of interest is because they may not know or think that it’s a problem. I think that’s a problem, but it can be hard to change someone’s morals.

I wonder if there will be some sort of multiplier effect. That is, the more that people disclose the possible conflicts of interest, the more that other people begin to disclose conflicts of interest. There is the possibility that there aren’t actually more people disclosing conflicts of interest and I just have happened to catch a sample of article that had more disclosures than another sample might have. Regardless, my question about the multiplier effect still stands. If we start to be more open about our affiliations, will that then cause other people to be more open about their affiliations?

I don’t have an answer, but I’d like to think that the answer would be yes. What do you think?

Do You Know Why a Stop Sign Has 8 Sides?

No? Me either, but I did come across a cool post about the cross-cultural history of the stop sign. For instance, did you know that for the past 2,000 years, stop signs — regardless of the country of origin — have been octagonal? Or, did you know that the origin of the stop sign has nothing to do with traffic!? From Mitch Ditkoff:

Apparently, each side of this iconic 8-sided, cross-cultural symbol of hoped-for stillness, has been imbued with a secret teaching of great import:

1. Slow down
2. Pay attention
3. Look around
4. Pause
5. Look within
6. Breathe deeply
7. Appreciate
8. Move consciously

After reading his post, I will most certainly not look at a stop sign the same way. In fact, it reminds me of 21-day meditation challenge I wrote about the other day. There’s still time to join me! If you think you don’t want to catch up and do 4 meditations in one day, then I suggest you at least read about the positives to taking a moment for stillness.

 

An Evening of Historic Proportions

Last night was a historic night. It was the first time in the history of social media that I was “locked out” of Twitter. Okay, probably not the historic event you thought I was going to cite, but it did happen.

While I was busy tweeting and retweeting last night, I didn’t even consider that I would hit the “daily update limit” — but I did. The irony is that just before I sat down at my computer to begin watching the coverage (on TV and online), I saw a tweet from someone who was speaking for @TheStalwart — who had just hit the daily limit and thusly wouldn’t be participating in the “Election Party” on Twitter last night. It was a bit strange last night — to — in a way — be excluded from the excitement on Twitter, especially just after the networks were calling the election.

~

All kidding aside, last night was a historic evening. Since the United States is such a major player on the world’s stage, there is certainly interest around the world in the person who holds the office of the President of the United States. As you can see from the graphic on the right, some may say that the rest of the world was happy with the result of last night’s election.

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There’s just one more thing I want to share in this post and it does have to do with history. After Pres. Obama was declared the winner by most of the networks, his Twitter account tweeted a photo that has been retweeted more than any other tweet in the history of twitter — and it’s still going! It surpassed the record (somewhere in the 200,000’s or the 300,000’s last night), but in looking at the tweet a few minutes ago, it’s almost up to 750,000 retweets. That’s a lot of retweets! In case you haven’t seen it yet, I’ve included it below:

 

 

Can the Discourse in American Politics Be Saved: The Lost Art of Democratic Debate

I came across a tweet earlier this morning that linked to a TEDTalk given by Michael Sandel in 2010. I’ve written about Prof. Sandel’s course “Justice,” so naturally, I was interested to see his TEDTalk. The title: “The lost art of democratic debate.”

Of course, given the election tomorrow and the absurd hyper-partisanship in the US right now, I thought it would be interesting to hear what Prof. Sandel had to say, even though it was something he said 2 years ago. Ironically, 2 years ago, Congress was still at odds with each other (over healthcare). There’s still discussion about healthcare in the US.

As a quick primer to the video, you may want to check out what I wrote on golf being a sport last summer.

After watching the video, I’d love to hear what you think of what Prof. Sandel has proposed. Do you think discussing the morality of ideas will make Congress less partisan and more productive?

21-Day Meditation Challenge: Join Me!

I just finished listening to Day 1 of Deepak Chopra‘s 21-day meditation challenge. Boy, did it feel good to meditate again! When was the last time you sat (and didn’t fiddle with technology or thoughts) for an extended period of time? I’ve written about the importance of stillness and unplugging before, but now I’m offering you an opportunity to follow-through on it.

Why don’t you join me and thousands (maybe hundreds of thousands?) of other people and follow along with Deepak’s meditations for the next 21 days.

I really like being part of something bigger than “me” and this is certainly an opportunity to feel connected to an infinite number of people. As I’m listening to the meditation, I can be sure that there will be countless people who will also be listening to the same track as me (at some point during the day).

So, whaddaya say — let’s meditate together over the next 21 days.

~

I will say that the meditations are couched in abundance. That is, the theme of the meditations have to do with abundance. Most folks think of abundance as an abundance of cash, but there are many other kinds of abundance. One can have an abundance of peace, joy, comfort, love, and the list goes on.

So — head on over to the landing page and listen to the first meditation because it started today. You can do it!

The Pitfalls of a Political Duopoly

I follow almost 400 feeds on Twitter. While I usually don’t see every tweet from every feed, there are some that I am sure to look out for. One of those is Big Think, which often tweets links to articles on their site. These articles aren’t usually very long, so you can quickly digest the gist of it. I like it because it’s a great way of keeping abreast of different information and if you find that information intriguing, you can dive further into it.

This afternoon, I saw a this tweet:

I’ve heard Larry Lessig speak — he makes quite a compelling argument. The content of this post wasn’t anything I hadn’t already heard from him, but I scrolled down to the comments to see what people had to say. (That’s another benefit to Big Think: the commenters usually contribute something useful to the discussion.) There was one comment that I thought was particularly interesting. I’m not quite sure of my opinion, but I think it’s worth sharing with all of you. I invite you to leave your thoughts on the comment with a comment of your own below:

Well no wonder we keep failing to attain real change.  Lets ignore statistically verified and observable reality and hope and love our way to a solution?  Contrary to what telenovellas like to tell us, when doctors say there is nothing that can be done for a patient, they are usually right, not always I admit but almost always.

So what equivalent of spontaneous recovery are we going to hope for with our crooked political and economic system?  Are captains of industry going to suddenly develop social consciousness?  Perhaps the rich and powerful will all suddenly get plagues and die?  Mr. Lessig isn’t really offering us a realistic solution, in fact he is only offering us yet another of the many accurate analyses of what is wrong with our system in the hope that we hope our way to a better one.

What Mr. Lessig isn’t acknowledging is that the Supreme Court was right, we do have the ultimate say, still, as the people, in who gets elected.  There were nineteen candidates for President on my ballot this year an admitted decrease from the twenty-seven I had in 2008, but still a lot of possibilities and I know for a fact that at least fifteen of them and as many as seventeen of those nineteen candidates weren’t in the corrupt hands of the monied interests.  Some of my other choices were more limited only three to five candidates for Congress, and the State Legislature (both houses), again with a few candidates I knew to be free of the monied corruption of the major parties.  And you know what!?  When I voted for those candidates, there were no earthquakes, or tornadoes or locusts or men in black at my house punishing me for making those choices.  Duvurgers law isn’t a natural law like gravity or evolution, we need not confine ourselves to political duopoly and coercion by monied interests through strategic voting.  We do have the ultimate say, and if you confine yourself to not voting, or to only voting strategically, than you are demonstrating that perhaps you aren’t ready for real democracy.  The “aristocracy” only has power because we collectively let them have it, if the best answer you can come up with for overthrowing that power is to hope it away…. well then I would just as soon let them continue to be in charge, because your input is certainly not going to lead to a prosperous beneficial society.

“Take Back the Country” — From Whom?

Yesterday during class, I saw a tweet from Mitt Romney:

This made me a bit upset and not in a partisan way. From what I understand, Democrats used this same ‘slogan‘ in 2004 when trying to oust President Bush and send Senator Kerry to 1600 Pennsylvania Ave. [If you’ll notice, the image that I’ve embedded below appears to be a sign from Occupy Wall Street, which is much more often associated with the Democratic Party.] There’s something inherently disturbing about using a slogan like this. It creates an artificial (and unnecessary) division between the people in power and the people who want to be in power.

It’s perfectly alright to disagree with the direction that the current administration is taking the country, but to use this slogan — to me — is demeaning and somewhat immature.

Disagreements are had on a daily basis, but it’s the moments following that disagreement that a person’s character shines through. If I disagree with someone, I’m not going to start a campaign and say it’s, “us vs. them,” — no — that’s not productive. That’s not mature. Instead, it would be more appropriate for me to try to find further evidence that strengthens my argument.

This slogan that is used in political campaigns remind me of Integral Theory. If I think about spiral dynamics, this particular slogan seems like it’s targeted at the “lower” end of the spiral (beige, purple, and red). Given that there are certainly folks at this level of development in the US electorate, this could be considered a “smart” strategy of political campaigns that employ it.

That being said, I almost want to say, “you should know better,” in that using these kinds of tactics are what continues to keep a country divided and hyper-partisan!

 

 

Environmental Serendipity: A Chance to Rebuild “Green”

With all due respect and condolences, the storm that hit the East Coast of the US is a tragedy, especially for those having to go through it first hand. The things I’m about to say in this post are in no way meant to detract from what is clearly a trying time for a number of citizens.

That being said, I can’t help but think of the ‘environmental serendipity.’ Let me explain: with DEstruction comes the opportunity for CONstruction. That is, after everything is all cleaned up, there will be an opportunity for these areas to rebuild their homes and communities. Given this, there is also the opportunity to rebuild from a more environmentally friendly perspective.

What I find noteworthy here is that if a storm like this hadn’t come through, would any of these areas considered knocking down their homes and rebuilding in a much “greener” way? Probably not. That’s why I see this storm as almost an environmental serendipity in that it gives these communities a chance to be much more mindful of the environment, with respect to its build.

There’s also the perspective that has been taken by some (like Newsweek), in that it brings climate change front and center to the national (USA) discourse. Given that it wasn’t mentioned at all during any of the US presidential debates, this is another “happy” consequence. Storms like these seem to be happening with much greater frequency. As this reality sets in, it will be (hopefully!) harder and harder to deny that our climate is changing… and we should be doing something about it!

Some Men Just Want to Watch the World Burn: Lessons from Hurricane Sandy

[Editor’s note: BuzzFeed just posted a note explaining that they have outed the Twitter user responsible for spreading this misinformation.]

Just before Hurricane Irene last year, I remember writing a post about how that kind of event could have a profound effect on people’s priorities. This year, the day after “Hurricane” Sandy, I can’t help but think of the misinformation.

Most of the day yesterday, I followed the coverage of Sandy on Twitter, diligently retweeting what I thought was pertinent information. While my Twitter following is currently less than 200, it still feels important that the information I share be correct (especially when it comes to events like yesterday). I like to think that the content of my tweets would be the same if I had 200,000 followers, but there’s no way to know that (without actually have 200,000 followers). Some people don’t share this sentiment.

Last night, there was (at least one) Twitter user who decided to spread false rumors. I don’t actually follow this Twitter user, but I did see a number of the reports that were *apparently* started by him. What possesses someone to spread misinformation during a crisis? I don’t know. One might try to develop some sophisticated argument tying the misinformation to a political gain, but I think that the threads of that argument are much too thin. The only other thing I could think of was the line from The Dark Knight: “Some men just want to watch the world burn.”

Some folks might put the onus on journalists who didn’t vet the tweets, which eventually led to CNN reporting that the floor of the NYSE was flooded. It kind of reminds me a bit of CNN’s misstep this summer with the report that “Obamacare” was deemed unconstitutional.

While there are these instances of misinformation spreading, there are also many positives to an instantly connected world (by way of the internet). For instance, when certain images were going viral, they were quickly shown to be fakes. In fact, both The Atlantic and BuzzFeed have posts showing examples of these from yesterday.

It looks like the internet makes quick work of fake images, but might still have a little while to go before it no longer falls prey to digital deception. In fact, Prof. Drezner argues that the internet does well with fast-moving memes (pictures, stock market flooding, etc.), but has a harder time with slow-moving memes (Pres. Obama was born in Kenya). It’s worth reading.