Reading archive 2026-02-12

Please, Not Another Kennedy: Nancy Pelosi reportedly plans to endorse JFK’s grandson for Congress. Why? - "As a Kennedy, Schlossberg has been a lifelong celebrity in the traditional definition of the word-a person who is famous for being famous. He's been profiled in Town & Country, on the Today show, in The Washington Post, and in The New York Times. The theme of this coverage is that Schlossberg (1) is a Kennedy, (2) is handsome, and (3) posts lots of edgy content on social media. To suggest that he has failed upward would give him too much credit because failing requires having been entrusted with some responsibility in the first place."

A Foreign Policy Worse Than Regime Change: The world is threatened by the president’s self-absorption and incoherence.

Russian War Spending May be Maxed Out: The official budget deficit surged last year, as did off-balance sheet military spending via the banking system and unpaid bills. That might be tough to sustain, especially with lower oil revenues.

Trump’s Gaza Plans Are Profoundly Unserious: Conditions on the ground call for immediate humanitarian relief, not gauzy real-estate fantasies.

People Who Don’t Understand Downtowns Are Destroying Downtowns: A far-fetched plan to demolish Dallas’s seat of government reflects the city’s diminished role in the region.

What Mamdani Doesn’t Know About Tenants: Fixing New York’s affordable housing isn’t as simple as going after bad landlords.

Tariffs are just a rehearsal for taxing every American’s consumption: When staggering entitlement costs finally come due, a desperate need for more revenue will kick in. - "Those socially conscious Europeans, whatever fiscal messes they have created for themselves, have had no qualms about taxing their whole populations. The primary vehicle is sales taxation, in the form of value-added taxes, which accumulate along a product’s value chain and are ultimately paid by the consumer. VATs extract roughly 9 percent to 10 percent of middle-class incomes across the euro zone and can result in middle-income citizens paying for nearly half of all VAT revenue. Every country in the 38-member Organization for Economic Co-operation and Development except the United States has one.

"That’s a major reason the U.S., frequent misrepresentations to the contrary, has the most progressive tax system among the most developed countries. Here, the top 10 percent pay about 70 percent of U.S. income taxes, and more than half the total U.S. taxes even when payroll taxes are included. The dreaded 1 percent pick up more than a quarter of the entire federal tab."

The Myth of the Police State: No one, not even the supposed beneficiaries, is protected. - "Mass revenge simply did not happen. That seems hard for people who never experienced such a total upending of a political hierarchy to understand. But in my years in South Africa, living in rural Afrikaner towns as well as in cities, I’ve heard much more about the shock white South Africans felt at how warmly their neighbors and colleagues of color have treated them than I’ve heard complaints about the opposite. An overwhelming number of South Africans of color understand that white people’s lives were not blissful under apartheid either."