Tuesday, April 28, 2020

Trying to pick off the middle states

McConnell dangles aid to states — with a catch
In an interview on Monday, the Senate majority leader said it’s “highly likely” the next coronavirus response bill will aid local governments whose budgets have been decimated by lockdowns and now face spiraling deficits. But to unlock that money, McConnell said he will "insist" Congress limit the liabilities of health care workers, business owners and employees from lawsuits as they reopen in the coming weeks and months.
The distribution of states is not centered, this will result in a flurry of earmarks in the Senate, and that results in a flurry of pile on in the House.  The circle will not round until the House and Senate come to an institutional agreement abut the scale problem, they have to create a middle.

Looking at the distribution:
This is a queue, the small states are always last in line at the federal trough. It can only be rounded, under the current set up, by the sequence described above.  That does not hold, the House and enate do not have the bandwidth to handle the flurry of earmarks and special interests.  We fall back down the Markov and have another downturn.

The flurry of adjustments is simply Markov processes at work, just like Marx said.

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