Wednesday, August 26, 2026

Some debt is good other debt is not. The reason matters.

An Associated Press article posted on Daily Kos reports that Meta, Mark Zuckerberg’s company, has settled a case over teen social media addiction, agreeing to pay $17 billion. The suit had been filed by 29 states. I think another 18 states had files separate suits. This trial had been in the news for about a week. The accusation is that Meta, parent to Facebook and Instagram, designed its products to be addictive, especially to youth. In addition to monetary damages the suit wants to force Meta to change how its products work. That Meta let a week go by before settling implies to me that the evidence presented so far is quite damaging to the company or that worse was about to be revealed. Another aspect of settling is they don’t have to admit to causing harm (though if that were the only reason they could have settled before the trial began). They can claim they are making these changes because of how benevolent they are. I think that Meta’s payout of $17 billion is too small compared to its 2025 revenue of $201 billion. In addition to paying the cash, Meta agreed to a few things for teen accounts. There would be a hard limit to daily use – I think I heard two hours. They would limit push notifications during school hours and overnight. They would add “age-appropriate” content controls and strengthen parental controls. Lisa Needham of Kos reported the nasty guy’s ballroom has lost a primary reason for being built. He has said the ballroom is part of a military bunker for the White House. But, according to a Washington Post report, the White House has a military bunker. This one was actually rather secret – Obama built it after 9/11 and didn’t blab about it. It also looks to be a great deal more secure and survivable even during a nuclear blast, than what the nasty guy has been proclaiming for his bunker and ballroom. How can the ballroom be all that secure when it has so many and such large glass windows?
All of this makes it clear that the ballroom was always just a ballroom and that the military complex beneath it was invented out of whole cloth to justify the ballroom. And once Trump came up with that genius idea, everyone surrounding him just ran with it. ... Can’t wait for the next Democratic administration to tear the whole thing down, especially now that we know that the big, secret, totally necessary bunker was there all along. Nobody needs this gilded palace of sin.
Needham also reported on the comments of Philadelphia District Attorney Larry Krasner. He has a solution for the ballroom – blow it up and sell the chunks as souvenirs as a way to recoup the costs to the American taxpayers. That’s in the same way chunks of the old Berlin Wall were sold (and I have a piece). Krasner would like a chunk of the ballroom to use as a paperweight. Kos community member xaxnar commented on an article by Celeste Davis, written for her Substack. Back in the 1950s college students were 2:1 men. By the 1990s the ratio of men to women was about even. Now 60% of students are women. A big dropoff in college enrollment is men not going. What happened to the men? Why aren’t as many going to college? There are a lot of reasons that have been proposed, including: Men having other employment opportunities that don’t need college and pay just as well. Their behavior is rewarded for things that don’t encourage scholarship. Men lean more conservative and college seems too lefty. Davis thinks there is a simpler reason: Male flight. This is similar to white flight, which turned many cities black while their suburbs are mostly white. Male flight means men tend to leave professions where women reach about 60%. When women’s participation reaches that high, it is seen as a women’s profession and men don’t want it anymore. That has happened to Veterinary medicine. And it is now happening to attending college. The exception is gay men, becoming the most highly educated demographic. But when education is seen as the thing for women we have a species at war with itself, which doesn’t have a viable future. Douglas Schonenberg of the Kos community commented on America getting to $40 trillion in debt. Now that the debt is so large Republicans like to say Democrats added to the debt too! But that is a flawed argument. We as individual humans would reasonably go into debt to pay for critical medical care, renovations to the house, or even buy a house. Some debt is good other debt is not. The reason matters. Obama added to the national debt to pull the nation out of the Great Recession. The nasty guy and Biden added to the debt to rescue the economy from the pandemic. The nasty guy and Republicans added to the debt, not to rescue us from economic calamity, but to give more money to the already extremely wealthy. They did it both in the Tax Cuts and Jobs Act of 2017 and the Big Brutal Bill of 2025. So when Republicans say we have to do something about the debt and the place to do that is Social Security and Medicare/Medicaid, Schonenberg asks why there? “The government needs to spend less” is not the answer. The government needs to spend better. Schonenberg wants the government to spend money on scientific research, clean energy, updating infrastructure, making healthcare more affordable, education for all, and support for workers. Government should not have the purpose of giving money to the already rich and gutting programs for others. And it shouldn’t hand the bill to future generations. Borrowing money so the rich become richer doesn’t make sense. To lower the debt let’s have an honest conversation. Does defense need those new weapons systems? Are those military contracts necessary? Let’s look at tax loopholes, corporate subsidies, low capital gains taxes, and tax rates for the rich. Borrowing money to improve the lives of all Americans makes a great deal of sense. Taxing responsibly should mean not needing to borrow money to improve the lives of all Americans. Dolly Parton died at the age of 80. I trust you heard the news by now. If you haven’t Jewly Hight of NPR has an obituary, as does Lisa Needham of Kos. I saw a meme saying the wrong 80 year old died. Michel Martin of NPR talked to country music journalist Tom Roland, who co-authored Parton's photographic memoir, “Star of the Show: My Life on Stage” about Parton’s importance to country music. I’m not a fan of Parton’s style of music. It’s just not my thing. If you like it, go for it! I am a fan of Parton’s character. She was always charming, and uplifting. I could add another dozen warm descriptors, including support for the LGBTQ community. She amassed wealth and used it for uplifting others. Just one example of that is her Imagination Library. Maureen Pao of NPR reported that has provided more than 300 million books to children around the world. The gift of reading was a way to honor her father, who never learned to read. An interview with Parton that’s gotten a few airings over the last few days talks about how she grew up as one of a dozen children. They didn’t have much money, but they did have what counted: love and kindness. I’m sure her remaining wealth and royalties from her catalog of 3,000 songs will continue to uplift others.

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