The Blog Bubble

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Responding to a reader who suggests that a 95% tax rate on very high incomes would be like legally capping the number of words a blogger is allowed to write, Matt Yglesias says he’d welcome such a thing:

Personally, I would love a legal cap on the number of words a blogger is allowed to produce per day. I’m privileged to have a job that I really enjoy. But at the same time, I would prefer to write somewhat less — this pace is stressful and doesn’t leave me as much time to pursue other projects and interests. But though I would prefer to write somewhat less, I have a stronger second-order preference to produce a blog that’s competitive with other major offerings on the internet. And over the years competition between bloggers has led to escalating word-counts. The resulting situation isn’t terrible, there are lots of people you should cry for before you get to me, but basically we bloggers are engaged in a red queen’s race where we all need to keep trying harder and harder just to maintain our positions. A cap would be helpful.

This is the mentality of the bubble.  Or cable news.  Or something.  Whatever it is, though, it’s bad.  We already have plenty of news mediums that reward instant, unthinking reaction, and the last thing the world needs is another one.  The blogosphere would  be a better place if everyone took a deep breath and decided that quality was more important than boosting traffic by simply having a post — any post — on every news event of the day.  Slow down and think instead!

And as long as I’m in Andy Rooney mode, will all you kids get off my lawn?  Thanks.

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And the truth is, going into the final 4 days of the year we still needed to raise $TK to hit our $350,000 goal and start 2021 on track. It's nerve-wracking, wondering if the big spike we normally see at the end of December is going to be another thing that doesn't go as planned in 2020, or worse, if, now that Donald Trump is set to leave the White House (for longer than a taxpayer-funded golf trip to a property he owns), folks might be pulling back from fighting for the truth and a democracy and think the hard work is done.

It's not, and if you can right now, please consider a year-end donation to support our team's fearless nonprofit journalism so we can close that big fundraising gap and finish the year strong, ready for all that's ahead in 2021. Whether you can give $5 or $500, it all matters in keeping us charging hard, and we'd be grateful.

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