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Links for 2016-11-21 [del.icio.us]

Tuesday, November 22, 2016 1:22
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  • Why Jared Kushner is Donald Trump’s truest heir and most trusted adviser – Vox
    As comedian John Mulaney put it, “Donald Trump is like what a hobo imagines a rich man to be.” Actual social and economic elites in the contemporary United States regard ostentatious displays of wealth as vulgar and low-class. What you’re supposed to do is be subtly snobbish about various things — from locally sourced produce at the lower end to unique experiential vacations at the high end — not just slap gold on everything. Kushner, by the same token, took all the appropriate steps to become a pillar of Northeastern society — get a Harvard degree, own a small but beloved media outlet, donate to local Democratic Party elected officials, marry a society wife — but ended up being a laughingstock, with his intelligence publicly mocked and his dad in jail and humiliated for a particularly sleazy crime.
  • LA Pension Squeeze Tightens – The American Interest
    What really happened here isn’t that LA made big reforms; it’s that politicians rejiggered some of the algorithms and declared victory. Now, they’re facing the consequences of papering over reality. … Such gross fiscal mismanagement would be a crime if it were committed in the private sector. Yet it’s the basis of blue governance in American cities.

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