Non-Partisan Congressional Budget Office Estimates Cost of Biden Student Loan Forgiveness at $400 Billion

(p. A1) WASHINGTON — President Biden’s plan to erase significant amounts of student loan debt for tens of millions of Americans could cost about $400 billion, the nonpartisan Congressional Budget Office said in a report Monday [Sept. 26, 2022], making it one of the costliest programs in the president’s agenda.

The C.B.O. said the price tag might rise even higher because of Mr. Biden’s decision to extend a pause on federal student loan repayments through the end of the year, which could end up costing some $20 billion. The report gauged the cost over a period of 30 years, though the bulk of the effects to the economy would be felt over the next decade.

. . .

. . . , critics have accused the Biden administration of hiding the plan’s true cost.

Marc Goldwein, the senior vice president for the Committee for a Responsible Federal Budget, said that the C.B.O. score did not take into account a significant part of (p. A13) the administration’s loan relief program: a plan to reduce payments for future borrowers who go on to earn low incomes after college, which outside analysts say could host hundreds of billions of dollars more.

“You’re basically buying a very expensive lottery ticket,” Mr. Goldwein said. “When you’re taking out the loan, you’re going to have no idea of how much you’re going to be paying back.”
Monday’s report, issued by a nonpolitical budget scorekeeper, is one of several attempts to estimate the total cost of the program, which Mr. Biden enacted using executive action rather than legislation.

For the full story, see:

Katie Rogers and Jim Tankersley. “Cost of Erasing Students’ Debt Will Be Steep.” The New York Times (Tuesday, September 27, 2022): A1 & A13.

(Note: ellipses, and bracketed date, added.)

(Note: the online version of the story has the date Sept. 26, 2022, and has the title ‘White House Student Loan Forgiveness Could Cost About $400 Billion.”)

Government’s “Controlled Burn” Created an Environmental “Catastrophe”

(p. A1) Heavy monsoon rains would normally be cause for celebration in the drought-parched mountains of northeastern New Mexico, where the Rockies meet the Great Plains, especially after the largest wildfire in state history came within a mile of torching the region’s largest community this spring.

. . .

Instead of replenishing reservoirs, the downpours are flooding a burn scar left by the blaze known as the Calf Canyon/Hermits Peak fire, releasing contaminants into private wells and overwhelming Las Vegas’s main water (p. A16) supply with ashy sludge.

It is the latest chapter in a catastrophe created by the federal government when Forest Service employees lost control of not just one but two prescribed burns set this spring to clear out undergrowth. That sparked a vast blaze that destroyed hundreds of homes and displaced thousands of people across a fire zone larger than the city of Los Angeles.

. . .

Mr. Trujillo, the mayor of Las Vegas, emphasized that the federal government, which was responsible for starting the fire, should cover the costs of securing the town’s water supply over both the short and long term. “We intend to bill them for every cent,” he said. “I’m having to hold their feet to the fire, no pun intended.”

For the full story, see:

Simon Romero. “A Controlled Burn Left Scars and a Water Crisis.” The New York Times (Tuesday, September 27, 2022): A1 & A16.

(Note: ellipses added.)

(Note: the online version of the story was updated Sept. 28, 2022, and has the title ‘How New Mexico’s Largest Wildfire Set Off a Drinking Water Crisis.” Where there are minor differences in wording between versions, the passages quoted above follow the online version.)

President Grover Cleveland Stuck with His Free Market Principles

(p. C7) Troy Senik, a former White House speechwriter, has written “A Man of Iron: The Turbulent Life and Improbable Presidency of Grover Cleveland” to rescue his subject from obscurity.

. . .

Mr. Senik says that Cleveland should be remembered as “one of our greatest presidents.”

. . .

He entered the White House favoring tariff cuts, the gold standard, limited government and the expansion of the civil service to reduce the power of patronage bosses. When he retired 12 years later, his principles were the same. He vetoed more bills in his first term than all 21 of his predecessors combined.

. . .

(p. C9) When Texas suffered a drought, he vetoed a bill to provide seeds to farmers, warily explaining: “Federal aid in such cases encourages the expectation of paternal care . . . and weakens the sturdiness of our national character.”

. . .

After triumphing in his first White House bid he declared, “Henceforth I must have no friends,” a rather monkish notion of virtue and a fitting template for how he governed. At the end of that term, he was advised not to push for tariff reform before his re-election but ignored the advice, observing: “What is the use of being elected or reelected unless you stand for something?”

“A Man of Iron” is a tribute to an incorruptible man, a rare politician who rose above partisanship.

For the full review, see:

Roger Lowenstein. “Oddly, Both Principled And President.” The Wall Street Journal (Saturday, Sept. 17, 2022): C7 & C9.

(Note: ellipses between paragraphs added; ellipsis within paragraph, in original. Bracketed word also added.)

(Note: the online version of the review has the date September 16, 2022, and has the title “‘A Man of Iron’ Review: Grover Cleveland, Honest to a Fault.”)

The book under review is:

Senik, Troy. A Man of Iron: The Turbulent Life and Improbable Presidency of Grover Cleveland. New York: Threshold Editions, 2022.

The “Silly, Elitist,” and “Venal” in Modern Art

(p. A26) Suzi Gablik, an art critic, author and theorist who once championed modernism — and was once an artist of that persuasion — but found fame when she turned against it, died on May 7 [2022] at her home in Blacksburg, Va.

. . .

At the invitation of the United States government, she began to lecture about American art around the world, an experience that altered her thinking about contemporary art. It was not just daunting but embarrassing, as she wrote later, to try to describe “some of the aggressively absurd forms of art that dominated the decade of the 1970s in America: Vito Acconci putting a match to his breast and burning the hair of his chest; Chris Burden crawling half-naked across broken glass.”

She began to feel that modernism — her religion — had reached its limits. Its provocations were no longer transgressive but silly, elitist and even venal, having been co-opted by corporate sponsors and the growing art market. Her salvo of a book, “Has Modernism Failed?,” arrived with a bang in 1984, and all of a sudden she was a sought-after speaker in her own country, a dissident voice pilloried by some critics but welcomed by others.

. . .

Decrying the pointlessness and commercialism of contemporary art was hardly a new position — Tom Wolfe had gleefully staked it out in “The Painted Word,” in 1975 — but Ms. Gablik’s book nonetheless struck a chord.

For the full obituary, see:

Penelope Green. “Suzi Gablik, Art Critic and Author Who Took Modernism to Task, Dies at 87.” The New York Times (Saturday, May 21, 2022): A26.

(Note: ellipses, and bracketed year, added.)

(Note: the online version of the obituary has the date May 20, 2022, and has the title “Suzi Gablik, Art Critic Who Took Modernism to Task, Dies at 87.”)

Gablik’s “salvo” against modern art is:

Gablik, Suzi. Has Modernism Failed? Revised 2nd ed. New York: Thames & Hudson, 2004 [1984].

As a student, I greatly annoyed one of my philosophy professors when I favorably quoted:

Wolfe, Tom. The Painted Word. New York: Farrar, Straus & Giroux, Inc., 1975.

Weary and Angry with Lockdowns in China, “Everyone Is Scared”

(p. A12) In the hours before the southern Chinese city of Chengdu entered a coronavirus lockdown, Matthew Chen visited four vegetable markets in an attempt to stock up on fresh food. But seemingly the entire city had the same idea, and by the time he got to each place, most of the shelves had been stripped bare, except for hot peppers and fruit, he said.

Mr. Chen, a white-collar worker in his 30s, managed to scavenge enough cherry tomatoes, meat and greens for about one day, and since then has been ordering grocery deliveries to tide him through the lockdown, which began on Friday. But he worries about whether that supply will remain stable, and how much longer he will have to rely on it.

“The longer a lockdown goes, the more problems emerge, and the harder it is to tolerate it,” he said, noting that the Chengdu government had not given a timeline for reopening.

. . .

The challenges in enforcing such extensive controls are daunting, perhaps more so now than at any other point in the pandemic. Nearly three years of on-and-off lockdowns have lashed the economy, sending unemployment soaring, especially among young people. The country is increasingly isolated, as the rest of the world largely abandons Covid restrictions. New subvariants are ever more transmissible. And the seemingly endless restrictions leave more ordinary Chinese people wearier by the day.

. . .

Chengdu officials themselves have already tested residents’ trust, after the authorities last week ordered a man detained for 15 days, accusing him of spreading false rumors on social media about a looming lockdown. Two days later, when the city did actually lock down, social media erupted with support for the man and anger at the government.

“Everyone is scared, scared that the situation will become like Shanghai,” said Mr. Chen, the office worker, who had traveled to Chengdu on business before becoming trapped there by the restrictions.

Still, he saw little alternative but to bear with the situation. “Personally, I’m extremely fed up with and not supportive of these policies. But there’s nothing I can do,” he said. “I can only wait.”

For the full story, see:

Vivian Wang. “As Beijing Imposes More Covid Lockdowns Across China, ‘Everyone Is Scared’.” The New York Times (Tuesday, September 6, 2022): A12.

(Note: ellipses added.)

(Note: the online version has the date Sept. 5, 2022, and has the title “As China Imposes More Covid Lockdowns, ‘Everyone Is Scared’.”)

Young Men in Russia Vote with Their Feet Against Putin’s Tyranny

(p. A12) A little more than 12 hours after he heard that Russian civilians could be pressed into military service in the Ukraine war, the tour guide said he bought a plane ticket and a laptop, changed money, wrapped up his business, kissed his crying mother goodbye and boarded a plane out of his country, with no idea when he might return.

. . .

“I was sitting and thinking about what I could die for, and I didn’t see any reason to die for the country,” said the tour guide, 23, who, like others interviewed for this article, declined to give his name for fear of reprisals.

Since President Vladimir V. Putin’s announcement on Wednesday of a new troop call-up, some Russian men who had once thought they were safe from the front lines have fled the country. And they have done so in a rush, lining up at the borders and paying rising prices to catch flights to countries that allow them to enter without visas, such as Armenia, Georgia, Montenegro and Turkey.

. . .

In principle, European Union officials say they stand in solidarity with the men who don’t want to fight. “Russians are voting with their feet, basically, ” said Peter Stano, a spokesman for the European Commission.

. . .

A 26-year-old merchant mariner who gave his name only as Dmitriy said he would wait in Turkey until his next ship job began in December [2022], to ensure that he would not be drafted in the meantime.

. . .

The mariner said that most of his friends had stayed in Russia after the invasion of Ukraine, believing the war would not affect them much. He said most were rushing to get out.

“Lots of people want to leave Russia now because they don’t want to fight for the opinion of one person,” he said, dismissing the invasion as a personal project of Mr. Putin.

“It is not about defending your family,” he said.

For the full story, see:

Ben Hubbard. “Fearing a Military Call-Up, Men Rush to Leave Russia.” The New York Times (Friday, September 23, 2022): A12.

(Note: ellipses, and bracketed year, added.)

(Note: the online version has the date Sept. 22, 2022, and has the title “‘A Lot of Panic’: Russian Men, Fearing Ukraine Draft, Seek Refuge Abroad.”)

An Electric Prayer

(p. A4) BEIRUT, Lebanon — The second the light above Hasmik Tutunjian’s bed came on at midnight, she said a prayer of thanks and got up quickly. She did not know how much time she had before she would be plunged back into darkness.

First, Ms. Tutunjian, 66, stripped the sheets off the bed — soaked with sweat from Beirut’s stifling and humid heat. She grabbed a phone charger hanging on a hook next to a tote bag that reads, “Keep Calm and Carry On,” and plugged it in. Then she moved into the living room to plug in three chargeable lights. Finally, she put in the first of as many loads of laundry as the electricity would allow.

. . .

Power cuts have long been a part of life in this country because of a dysfunctional electricity sector. But over the past year, they have worsened with acute fuel shortages leading to severe blackouts across Lebanon and state-supplied power coming on for only an hour or two a day — at most — and on no set schedule.

. . .

. . . with Lebanese inflation rising to 168 percent in the year that ended in July [2022], and unemployment skyrocketing, a dwindling number of people can afford the extra generator power. And some of the generators provide only a few amps — enough to power a refrigerator, a fan and the television.

Ms. Tutunjian cannot afford any amps.

She has a chargeable fan, but the power does not come on long enough to fully charge it. She tries to cool herself with a folding fan, which does little to fight the suffocating heat of a Beirut summer.

“Sometimes I tell myself I’m not going to get sad, but I can’t help it,” she said, sitting in her living room. “At night, I get into bed angry, I cry.”

. . .

Last month, an armed 42-year-old man held a Beirut bank hostage for hours, demanding that he be allowed to withdraw his entire life’s savings — more than $200,000. But the amount far exceeded the paltry caps on cash withdrawals.

He said he needed the money to pay for an operation for his father, and threatened to kill everyone inside the bank and to set himself on fire.

“That man, good what he did,” Ms. Tutunjian said.

Eventually, he was allowed to take out a small portion of his savings in exchange for his surrender and arrest. He became an instant hero, capturing a nation’s frustrations, and was released days later amid an outpouring of public support.

“He said he’ll do it again,” Ms. Tutunjian said.

For the full story, see:

Raja Abdulrahim and Laura Boushnak. “Chasing a Few Hours of Electricity In the Middle of the Night.” The New York Times (Saturday, September 13, 2022): A4.

(Note: ellipses, and bracketed year, added.)

(Note: the online version was updated on Sept. 21, 2022, and has the title “Oppressive Blackouts Force Lebanese to Change Rhythm of Life.”)

Proposed 20 Years Ago, Heart Polypill Is Safe, Effective, and Easier to Take, but Is Not Allowed by FDA

(p. A7) Heart disease kills more people than any other condition, but despite advances in treatment and prevention, patients often do not stick to their medication regimens. Now researchers may have found a solution: a so-called polypill that combines three drugs needed to prevent cardiovascular trouble.

In what is apparently the largest and longest randomized controlled trial of this approach, patients who were prescribed a polypill within six months of a heart attack were more likely to keep taking their drugs and had significantly fewer cardiovascular events, compared with those receiving the usual assortment of pills.

The participants also experienced one-third fewer cardiovascular deaths, although their overall risk of death from all causes was not significantly changed.

The study of more than two thousand heart patients, who were followed for three years, was published Friday morning in The New England Journal of Medicine, as the findings were presented at the European Society of Cardiology Congress in Barcelona.

. . .

The polypill combines a blood-pressure medication, a cholesterol-lowering drug and aspirin, which helps prevent blood clots. The idea was first floated two decades ago in a more radical form: Advocates proposed giving a daily polypill to everyone once they turned 55, saying it would slash cardiovascular events globally by 80 percent.

. . .

The polypill used in the study has not been approved by the Food and Drug Administration and is not available to patients in the United States right now. Dr. Fuster said the results of the new trial would be submitted to the agency shortly in an effort to obtain approval.

He called the results of the new study “striking,” and said the benefit of the polypill for prevention rivaled that of low-dose aspirin, which is now routinely prescribed to people who have already had a heart attack or other cardiovascular event.

And since participants became even more likely to keep taking the polypill over time, he said, “The potential results could be even better with more follow-up.” Several studies have shown that only about half of patients, or even less, take all their medications as instructed.

The new study, a randomized controlled clinical trial, enrolled just under 2,500 patients at 113 sites in Spain, Italy, France, Germany, Poland, the Czech Republic and Hungary.

. . .

Over three years, 12.7 percent of the patients taking an assortment of pills experienced another heart attack or stroke, or died of a cardiac event or needed urgent treatment to open a blocked artery, compared with 9.5 percent of patients taking a polypill, for a relative reduction in risk of 24 percent.

There was no difference between the two groups in overall mortality, however, as the reduction in cardiovascular deaths in the polypill group was offset by deaths from other causes.

For the full story, see:

Roni Caryn Rabin. “Heart Disease Patients Are More Likely to Stick to a One-Pill Daily Regimen, Researchers Say.” The New York Times (Saturday, August 27, 2022): A7.

(Note: ellipses added.)

(Note: the online version of the story has the date Aug. 26, 2022, and has the title “How to Get Heart Patients to Take Their Pills? Give Them Just One”)

Minorities, Disabled, Less-Educated, and Felons Are First Laid Off in a Recession

(p. A1) Black Americans have been hired much more rapidly in the wake of the pandemic shutdowns than after previous recessions. But as the Federal Reserve tries to soften the labor market in a bid to tame inflation, economists worry that Black workers will bear the brunt of a slowdown — and that without federal aid to cushion the blow, the impact could be severe.

Some 3.5 million Black workers lost or left their jobs in March and April 2020. In weeks, the unemployment rate for Black workers soared to 16.8 percent, the same as the peak after the 2008 financial crisis, while the rate for white workers topped out at 14.1 percent.

Since then, the U.S. economy has experienced one of its fastest rebounds ever, one that has extended to workers of all races. The Black unemployment rate was 6 percent last month, just above the record low of late 2019. And in government data collected since the 1990s, wages for Black workers are rising at their fastest pace ever.

Now policymakers at the Fed and in the White House face the challenge of fighting inflation without inducing a recession that would erode or reverse those workplace gains.

Decades of research has found that workers from racial and ethnic minorities — along with those with other barriers to employment, such as disabilities, criminal records or low levels of education — are among the first laid off during a downturn and the last hired during a recovery.

For the full story, see:

Talmon Joseph Smith and Ben Casselman. “Job Gains for Black Workers Could Reverse in a Downturn.” The New York Times (Wednesday, August 24, 2022): A1 & A14.

(Note: the online version of the story has the same date as the print version and has the title “What Will Happen to Black Workers’ Gains if There’s a Recession?”)

Europe Subsidizes Burning Old Trees That Release More Carbon Dioxide Than Released by Burning Coal

(p. A24) Across Central Europe, companies are clear-cutting forests and at times grinding up centuries-old trees in the name of renewable energy. All of this is legal.
In fact, it is encouraged by government subsidies meant to help the European Union reach its renewable energy goals.

In reality, though, burning wood can be even dirtier than burning coal.

New York Times journalists followed six truckloads to the factory on a recent day and watched as logs from one of the continent’s most important conservation areas were churned into sawdust.

Wood was never supposed to be the cornerstone of the European Union’s green energy strategy.

When the bloc began subsidizing wood burning over a decade ago, it was seen as a quick boost for renewable fuel and an incentive to move homes and power plants away from coal and gas. Chips and pellets were marketed as a way to turn sawdust waste (p. A10) into green power.

Those subsidies gave rise to a booming market, to the point that wood is now Europe’s largest renewable energy source, far ahead of wind and solar.

But today, as demand surges amid a Russian energy crunch, whole trees are being harvested for power. And evidence is mounting that Europe’s bet on wood to address climate change has not paid off.

. . .

And while European nations can count wood power toward their clean-energy targets, the E.U. scientific research agency said last year that burning wood released more carbon dioxide than would have been emitted had that energy come from fossil fuels.

“People buy wood pellets thinking they’re the sustainable choice, but in reality, they’re driving the destruction of Europe’s last wild forests,” said David Gehl of the Environmental Investigation Agency, a Washington-based advocacy group that has studied wood use in Central Europe.

. . .

Scientists have calculated that, per unit of energy, burning wood actually releases more greenhouse gas emissions than burning gas, oil, or even coal.

. . .

(p. A11) The association opposes cutting subsidies or changing the way clean energy is defined. If the European Union no longer considers energy from burnt wood to be carbon-neutral, it would immediately throw many countries off track to hit renewable-energy targets.

That would have major consequences for countries like Italy, the continent’s largest consumer of wood pellets. More than a third of its renewable energy comes from burning plant material. For years, the Italian government has offered tax deductions to encourage buying pellet stoves.

For the full story see:

Sarah Hurtes and Weiyi Cai. “Sacrificing Centuries-Old Trees In Name of Renewable Energy.” The New York Times (Saturday, September 10, 2022): A1 & A10-A11.

(Note: ellipses added.)

(Note: the online version of the story has the date Sept. 7, 2022, and has the title “Europe Is Sacrificing Its Ancient Forests for Energy.” Where the wording and content of the versions differs, the passages quoted above follow the print version.)

Costs of Covid Lockdowns and Mask Mandates Exceeded Benefits

(p. A15) The Centers for Disease Control and Prevention belatedly admitted failure this week. “For 75 years, CDC and public health have been preparing for Covid-19, and in our big moment, our performance did not reliably meet expectations,” Director Rochelle Walensky said. She vowed to establish an “action-oriented culture.”

. . .

U.S. states with more-restrictive policies fared no better, on average, than states with less-restrictive policies. There’s still no convincing evidence that masks provided any significant benefits. When case rates throughout the pandemic are plotted on a graph, the trajectory in states with mask mandates is virtually identical to the trajectory in states without mandates. (The states without mandates actually had slightly fewer Covid deaths per capita.) International comparisons yield similar results. A Johns Hopkins University meta-analysis of studies around the world concluded that lockdown and mask restrictions have had “little to no effect on COVID-19 mortality.”

. . .

In 2006 he and colleagues at the University of Pittsburgh considered an array of proposed measures to deal with a virus as deadly as the 1918 Spanish flu.

Should schools be closed? Should everyone wear face masks in public places? Should those exposed to an infection be required to quarantine at home? Should public-health officials rely on computer models of viral spread to impose strict limitations on people’s movements? In each case, the answer was no, because there was no evidence these measures would make a significant difference.

“Experience has shown,” Henderson’s team concluded, “that communities faced with epidemics or other adverse events respond best and with the least anxiety when the normal social functioning of the community is least disrupted.” The researchers specifically advised leaders not to be guided by computer models, because no model could reliably predict the effects of the measures or take into account the “devastating” collateral damage. If leaders overreacted and panicked the public, “a manageable epidemic could move toward catastrophe.”

This advice was subsequently heeded in the pre-Covid pandemic plans prepared by the CDC and other public-health agencies. The WHO’s review of the scientific literature concluded that there was “no evidence” that universal masking “is effective in reducing transmission.” The CDC’s pre-2020 planning scenarios didn’t recommend universal masking or extended school and business closures even during a pandemic as severe as the 1918 Spanish flu.

For the full commentary see:

John Tierney. “Fauci and Walensky Double Down on Failure.” The Wall Street Journal (Friday, Aug. 19, 2022): A15.

(Note: ellipses added.)

(Note: the online version of the commentary has the date August 18, 2022, and has the title “Fauci and Walensky Double Down on Failed Covid Response.”)