“They trying to stress us out so much to make us leave, so they can take over. You can see neighborhoods now that were straight crackhead central, and now it’s hipsters building gardens. In some sense, they want everybody from the city to move to the outskirts and suburbs so they can take over—not saying white people or black people, just rich people.”—
Earlier this week, the New York Times published an interview with Kanye West, his first of significance in more than three years. It was conducted by my dear friend Jon Caramanica. It’s truly great, you’ve read it. After the interview gained an uncommon and deserved amount of…
“It’s more like a flea market now. As a small retailer, you set up your tent at one of these big sites and you try to price competitively and you try to be first to market and have good stock,” he says. “And there’s no advertising budget, they do everything.”
Juon’s transition into the user-driven Internet age hasn’t been quite as smooth. Though OHHLA is still operating, it has been almost completely pushed out of the market – or at least off the top of Google searches, which is the market – by a more modern and SEO-savvy lyrics depot, rapgenius.com. The site rewards user/contributors who “translate” rap songs on a line-by-line basis, a model that earned the site a highly publicized $15 million angel investment. Much of Rap Genius’ early archive bears a striking similarity – typos and all – to OHHLA’s, leading one to presume that the core of its content was copied wholesale from Juon’s site. He seems to have resigned himself to this reality. “Well,” he says with only the slightest hint of frustration in his voice, “they got rich off what I did.”
It’s hard to think of better evidence for the sustainability of budget deficits than the fact that we have run them for 55 of the last 60 years. If our fiscal practices haven’t caught up to us after 60 years, when will they? Or does Boehner take a David Stockman-like position that the last several decades of American advancement have in fact been a ghastly failure?
Of course, budget deficits work because the government is different from a household. A government does not have a life cycle, does not ever expect to stop generating income to support itself, and, therefore, does not ever have to retire its debt. It must keep its debts at a manageable size relative to the economy, which the U.S. has done over that 60 year period. If the economy is growing over the long term, that means the government can run a deficit and grow the debt every year — sustainably.
Steve Marsh wrote a fantastic piece for GQ about fashion in the NBA these days. Rather than deal solely with the surface (meme-worthy press conferences and vanity glasses), Marsh gets into both the heavy specifics (who styles who; who goes to what fashion shows and why) and the roots of the…