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Newsweek’s Daniel Gross explains the Consumer Price Index (here’s the official BLS site) in a very simple video. I could do without the goofy sound effects, but it’s a good, 2 minute explanation of how the government tracks inflation.

Per David Simon’s Berkeley talk, though, the video doesn’t go into why this matters. Perhaps they’ll cover that in the next installment of the Economics 101 series.

(via @newsweek, Newsweek’s Twitter feed)

2:42 pm | leave a comment
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I listened to a good chunk of NPR’s On Point this AM which had several former high level military men, Zbigniew Brzezinski, and another guest (a former ambassador). I just wanted to write a quick summary of my thoughts here, mostly in reaction to the various callers calling into the show.

How someone does something matters as much as what they do. The how has consequences. While I also appreciate Fallon’s ultimate point, and as much as I would like to avoid war in Iran, keep a short pause in the drawdown in Iraq, and generally agree with the sentiment of Fallon’s comments, what he did was wrong. It doesn’t change anything that I agree with him.

The consequences in this case would be a weakening of civilian control of the military. While he shouldn’t lie, he is required to support the decisions made by his commanders, including the President. I know a lot of left-leaning folks are uncomfortable with the uniformity of opinion that seems to come from the Pentagon, but the folks in the chain of command have two choices. Take the issue up with their commander or resign. Once they’re out, they can speak their mind, but not in uniform. The two retired military guests on the show made the same point and said basically the same thing.

As much as I disagree with the President, I don’t want to see a situation where military commanders take their disagreements public in order to put pressure on the President to do what they want.

12:02 pm | leave a comment

This seems to be about the right take on Fallon’s retirement. What he did was wrong as a matter of general policy. You don’t undercut the President unless you’re under oath or otherwise compelled to give your opinion. You don’t lie, but it’s better to not offer your opinion in that case. (it’s why I’m skeptical of optimism from military leaders, by the way, on the efficacy of policy from the White House… they’re not supposed to voice displeasure)

1:57 pm | leave a comment