The House just passed the Ryan-Murray budget deal, signaling an unexpected end to the cycle of budget crises and fiscal hostage-taking. A few weeks ago, such an agreement seemed distant. Sequestration had few friends on the Hill, but the parties could not agree on how to ditch the automatic budget cuts to defense and domestic spending. Republicans had proposed increasing defense spending while taking more money from Obamacare and other social programs, while Democrats said they'd scale back the defense cuts in exchange for additional tax revenue. Those ideas were nonstarters: Following the government shutdown in October, Senate Majority Leader Harry Reid (D-Nevada) called the idea of trading Social Security cuts for bigger defense budgets "stupid."
Which explains why Rep. Paul Ryan and Sen. Patty Murray's deal craftily dodged taxes and entitlements while focusing on the one thing most Republicans and Democrats could agree upon: saving the Pentagon budget. Ryan's budget committee previously declared the sequester "devastating to America's defense capabilities." Murray had warned of layoffs for defense workers in her state of Washington as well as cuts to combat training if sequestration stayed in place.
The chart above shows why military spending is the glue holding the budget deal together. It also shows how any remaining opposition to the bill in the Senate may bring together even stranger bedfellows than Ryan and Murray: progressive dove Bernie Sanders (I-Vt.) and sequestration fan Sen. Rand Paul (R-Ky.).
We've got much more coming on military spending and how the Pentagon just dodged a budgetary bullet. Stay tuned.
In addition to fighting furiously to keep guns in our warm, live hands, the National Rifle Association celebrates guns pried from cold, dead hands in its National Firearms Museum, "one of the world's finest museum collections dedicated to firearms." The museum's Treasure Collection includes everything from Annie Oakley's guns to Dirty Harry's Smith & Wesson. Another item in the trove, which the NRA tweeted about yesterday, is an elephant rifle that belonged to Henry Morton Stanley, the 19th-century British American journalist and "explorer" who marauded through east, southern, and central Africa.
The 22-pound rifle, which fired a quarter-pound of lead with each shot "was considered heavy artillery," explains NRA museum senior curator Doug Wicklund in the clip above. With it, Stanley shot 16 elephants during his 1871 trek in search of the missionary and doctor David Livingstone. Yet the NRA doesn't mention that when he wasn't shooting charismatic megafauna with his elephant guns, Stanley was shooting people with them.
As Stanley related in his own accounts, he repeatedly used his big guns to intimidate and kill people he encountered on his African travels. Here's how he dealt with some of the "savages" who got in the way of his trans-continental journey in 1875:
I discharged my elephant rifle, with its two large conical balls, into their midst…My double-barreled shotgun, loaded with buckshot, was next discharged with terrible effect, for, without drawing a single bow or launching a single spear, they retreated up the slope of the hill…
Twice in succession I succeed in dropping men determined on launching the canoes, and seeing the sub-chief who had commanded the party that took the drum, I took deliberate aim with my elephant rifle at him. That bullet, as I have since been told, killed the chief and his wife and infant, who happened to be standing a few paces behind him, and the extraordinary result had more effect on the superstitious minds of the natives than all previous or subsequent shots.
On getting out of the cove we saw two canoes loaded with men coming out in pursuit from another small cove. I permitted them to come within one hundred yards of us, and this time I used the elephant rifle with explosive balls. Four shots killed five men and sank the canoes.
The final body count of this incident, Stanley claimed, was 14 dead and 8 wounded, presumably including the baby and its mother. Due to tales such as this, Stanley gained a reputation for indiscriminate slaughter. George Bernard Shaw described him as a "wild-beast man, with his elephant gun, and his atmosphere of dread and murder." Fellow expeditionist Richard Burton observed, "Stanley shoots negroes [sic] as if they were monkeys." Though the elephant gun in the NRA's collection is likely not the one fired in the passage above, it's not surprising that the gun lobby isn't volunteering the larger story behind the trigger-happy owner of this "special treasure."
"My Lord, I am the First Accused." Those were Nelson Mandela's opening words as he stood in the dock in the Palace of Justice in Pretoria, South Africa, on the morning of April 20, 1964—nearly half a century before his death December 5 at the age of 95. Mandela and eight other defendants had been charged with violating the Sabotage Act and the Suppression of Communism Act, accused of plotting violence against the apartheid government with the aim of overthrowing it. By fomenting "chaos, turmoil, and disorder," the prosecutor explained, the accused hoped to achieve "liberation from the so-called yoke of the white man's domination." Mandela, who was already serving a five-year sentence for organizing a strike and leaving the country without a passport, assumed that they would be sent to the gallows.
With the verdict all but certain, Mandela and his codefendants decided to turn their trial into an indictment of the apartheid state. When he had been asked for his plea, Mandela replied, "The government should be in the dock, not me. I plead not guilty." Yet the lengthy statement he prepared to open his defense was not an attempt to prove his innocence—in fact, he readily admitted to many of the charges made against him. He instead took the opportunity to forcefully promote his cause. But he also knew that he was offering a doomed man's final words, in essence, a self-written epitaph.
Mandela took two weeks to write the speech. A white lawyer who reviewed a draft exclaimed, "If Mandela reads this in court they will take him straight out to the back of the courthouse and string him up." Mandela's own lawyer urged him to cut out the final paragraph, but Mandela held firm. "I felt we were likely to hang no matter what we said, so we might as well say what we truly believed," Mandela recalled in his autobiography, Long Walk to Freedom. The final lines of Mandela's 60-page, 176-minute statement have since become its most famous:
During my lifetime I have dedicated my life to this struggle of the African people. I have fought against white domination, and I have fought against black domination. I have cherished the ideal of a democratic and free society in which all persons will live together in harmony and with equal opportunities. It is an ideal for which I hope to live for and to see realized. But, My Lord, if it needs be, it is an ideal for which I am prepared to die.
The richest 1 percent of Americans have seen their average income jump more than 270 percent over the past five decades. Meanwhile, the average income of the least wealthy 90 percent of Americans grew an anemic 22 percent during that time. (Those figures are based on inflation-adjusted real dollars.)
So how much would you be earning today if the phenomenal income growth at the very top of the income scale had trickled down to most Americans? Use this calculator to find out.
If most Americans' incomes had grown at the same rate as the 1 percent's over the past 50 years, you currently would be making $0, the same amount you already do. Congrats! You're already in the top 1 percent of earners!
In other words, if you're in the bottom 90 percent of earners, your current income would be an estimated 205 percent higher if the vast majority of incomes had kept up with the gains experienced by the superwealthy.
At the lowest end of the bottom 90 percent, the difference is even more extreme: If the minimum wage had kept up with the 1 percent, it would be nearly 250 percent higher than it is today.
Back in the real world, most Americans' incomes have stagnated over the past few decades. Meanwhile, top incomes have skyrocketed, leaving middle- and low-income Americans behind and accelerating the growth of the income gap that began opening in the 1980s.
Methodology: The data used to the make this calculator is from the World Top Incomes Database. All income figures used to make the calculator are in 2012 dollars and do not include capital gains. Your hypothetical income is an estimate based on applying the overall change in the average income of the top 1 percent between 1960 and 2012 to the average incomes in 2012 for the bottom 90th, the top 10th to 5th, and top 5th to 1st income percentiles.
This Thursday, fast-food workers in more than 100 cities are planning a one-day strike to demand a "livable" wage of $15 an hour. They have a point: The lowest-paid Americans are struggling to keep up with the cost of living—and they have seen none of the gains experienced by the country's top earners. While average incomes of the top 1 percent grew more than 270 percent since 1960, those of the bottom 90 percent grew 22 percent. And the real value of the minimum wage barely budged, increasing a total of 7 percent over those decades.
More of the numbers behind the strike and the renewed calls to raise the minimum wage:
Median hourly wage for fast-food workers nationwide: $8.94/hour
Increase in real median wages for food service workers since 1999: $0.10/hour
Last time the federal minimum wage exceeded $8.94/hour (in 2012 dollars): 1968
Change in the real value of the minimum wage since 1968: -22%
Median age of fast-food workers: 29
Median age of female fast-food workers: 32
Percentage of fast-food workers who are women: 65%
Percentage of fast-food workers older than 20 who have kids: 36%
Income of someone earning $8.94/hour: $18,595/year
Federal poverty line for a family of three: $17,916/year
Income of someone earning $15/hour: $31,200/year
Income needed for a "secure yet modest" living for a family with two adults and one child…
In the New York City area: $77,378/year
In rural Mississippi: $47,154/year
Growth in average real income of the top 1 percent since 1960: 271%
What the current minimum wage would be if it had grown at the same rate as top incomes: More than $25
How would you and your family fare on a typical fast-food paycheck? How much does it really take to make ends meet in your city or state? Use this calculator to get a better sense of what fast-food workers are up against.
In order to make $___ a year, the typical fast-food worker has to work __ hours a week.
A household like yours in ___,___ needs to earn $__ annually to make a secure yet modest living. A fast-food worker working full time would have to earn $__ an hour to make that much.
The average fast-food employee works less than 25 hours a week. To make a living wage in ___,___ at current median wages, s/he would have to work __ hours a week.
In __ hours, McDonald's serves __ customers and makes $__. That's about __ Big Macs.