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Matt Stoller
@matthewstoller
, 4 tweets, 1 min read Read on Twitter
“Boeing Commercial Airplanes clearly has a systemic problem in designing, producing and delivering airplanes,” said Scott Hamilton, an aerospace analyst and editor of Leeham News and Analysis.

postandcourier.com/business/airli…
I haven't seen a single Congressman mention the crisis at Boeing. I don't mean that the Max isn't a good plane, I mean the loss of the ability to make airplanes. This company is in serious trouble, and America cannot make planes now.
There's no language to really describe the political crisis we're in, because America has *always* been able to make things. We cannot do that right now. It's crazy. We just can't produce.
Since 2013, Boeing has spent $43B on stock buybacks. ft.com/content/f3e640…
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More from @matthewstoller see all

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Matt Stoller
@matthewstoller
1. Ok, what we need with airlines is straightforward government setting of routes and prices. Competition within the airline sector won't actually deliver better service, it will deliver bankruptcies and consolidation.
2. The economics and physics of air travel simply make competition around price impossible to sustain for long. It either becomes private price setting like we have today or public price setting like we had before 1978. washingtonmonthly.com/magazine/march…
3. Most energy is used on takeoff and landing, so it's cheaper per mile to fly long-haul routes. Also small airports are just more costly than big airports, because of economies of scale. So all airlines want to fly long flights to big airports.
Read 5 tweets
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Matt Stoller
@matthewstoller
The real cost of Obama's failures is a collapse in belief all over the world that democracy can work. So yes, Biden can beat Trump. But can Biden govern? I don't think he can. And what that will mean is that autocrats will have an even stronger case democracy is a failed model.
Beating autocratic forces emerging worldwide and beating Trump are related but aren't the same thing. It's possible to beat Trump and long-term make things worse. Democrats find this unpossible but it's been the trend since Jimmy Carter.
If Obama had lost in 2012 to Mitt Romney, Trump would never have become President and Democrats would never have lost the Senate in 2014. There are worse things than losing an election. Winning an election and failing to govern, thus discrediting democracy as a system, is worse.
Read 4 tweets
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Matt Stoller
@matthewstoller
1. This is an excellent observation by @joshtpm. There's a very small faction of Democrats who think Obama was a catastrophe, a large chunk who love him, and a large chunk who love him but want to move on. The problem is personnel. talkingpointsmemo.com/edblog/obama-l…
@joshtpm 2. My premise, as someone who thinks Obama was a disaster, is that Obama systemically lied and had a group around him - call it the Bob Rubin mafia - who participated in those lies. This group sits at places like Amazon, Blackrock, Citi, #BigLaw, Brookings, and so forth.
@joshtpm 3. The Biden restoration is premised on the idea that we can just rerun the Obama Presidency with the Bob Rubin mafia executing different policies. But the Bob Rubin mafia is the problem. You cannot wish that problem away.
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blmohr
@blmohr
Boeing is 'Company A' in the Dmitry Firtash indictment. It had a deal w/ one of his shell companies to buy Titanium out of India.
justice.gov/opa/pr/six-def…
Nikki Haley was recently nominated to Boeing's Board of Directors.
fortune.com/2019/02/26/nik…
"Haley has previously held close ties with the corporation, helping it build new facilities in South Carolina when she served as the state’s governor. There remain approximately 7,000 Boeing employees in South Carolina."
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#ANALYSIS Much has been said about young people running for various offices across the country - Ready Or Not?

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@GRVlagos is a 35 year old Architect who ran for Ikeja local government chairmanship two years ago and lost. He is running for a seat in the Senate in the Largest senatorial district in Nigeria #Lagoswest on the platform of @OfficialPDPNig .
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#Analysis: Ending #BirthrightCitizenship for the children of illegal immigrants and birth tourists has long been the crown jewel of pro-sovereignty immigration reformers. It's about interpreting the #14Amendment of the #Constitution correctly. Thread.
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