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American Consequences - August 2019
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AMERICAN CONSEQUENCES
I D E A S T H A T M A T T E R
E D I T E D B Y P . J . O ’ R O U R K E
CLOUDYWITH A CHANCE OF A $#!%STORM
AUGUST 2 0 1 9
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CONTENTS
AUGUST 2019 : ISSUE 27
LOST? CLICK HERE
73 34
24
60 44
50
4 Inside This Issue
50 Smarty Pants and Other Smart Devices BY P.J. O'ROURKE
AMERICAN CONSEQUENCES
BY STEVEN LONGENECKER
6 Letter From the Editor BY P.J. O'ROURKE
54 America Rides Again BY JOHN PODHORETZ
Editor in Chief: P.J. O’Rourke Executive Editor: Buck Sexton Editorial Director: Carli Flippen Publisher: Steven Longenecker Assistant Managing Editors: Chris Gaarde, Laura Greaver Creative Director: Erica Wood Contributing Editors:
12 What Could Possibly Go Wrong?
60 You Can Leave Home Without It BY CHRIS IGOU
14 From Our Inbox
18 How Twitter Destroyed Politics BY ANDREW FERGUSON
64 The Crypto Dark Age BY ERIC WADE
24 Amazon' and The Deep State BY DAN DENNING
70 The U.S. Economy’s Strange Decade BY LARRY HATHEWAY
28 Is Facebook Today’s Compuserve? BY MARC-DAVID L. SEIDEL
Roberto Chang, Dan Denning, Dr. David Eifrig, Andrew Ferguson, Larry Hatheway, Chris Igou, Alice Lloyd, Christian Olsen, John Podhoretz, Marc-David L. Seidel, Andres Velasco, Eric Wade Cartoon Director: Frank Stansberry General Manager: Jamison Miller Advertising: Ricky D'Andrea, Jill Peterson Editorial feedback: feedback@ americanconsequences.com
73 Will Facebook's Libra Turn Into a Cancer BY ANDRES VELASCO AND ROBERTO CHANG
34 Finding the Impossible BY CHRISTIAN OLSEN
76 Read This
40 Grandkids Growing Horns? BY DR. DAVID EIFRIG
COMPILED BY P.J. O’ROURKE AND LAURA GREAVER
44 Digital Natives May Have Destroyed Drinking BY ALICE LLOYD
78 The Final Word
BY BUCK SEXTON
American Consequences
3
INSIDE THIS ISSUE
F rom smartphones to smart homes, the last decade has been an explosion of innovation and technology... But is it really for the better? Do we really need an app for everything ? This month we’re addressing those questions and more... Editor in Chief P.J. O’Rourke explains how social media has made us dumber (and louder) and tells us why the “Internet of Things” is a few “things” too many. Contributing Editor Alice Lloyd reports on a “strange brew” social media cocktail trend... and how millennials are ruining drinking. Writer Andrew Ferguson makes the case that Twitter has changed politics for the (if you can imagine) worse. Crypto analyst Eric Wade warns us of the potential perils – and profit possibilities – in the coming cryptocurrency “Dark Age.” Financial publisher Dan Denning explains why he thinks Amazon is “the most dangerous company in American history.” Economists Andrés Velasco and Roberto Chang see a red flag in Facebook’s Libra cryptocurrency... one that signaled an $82 billion default the last time around.
Tech analyst Christian Olsen highlights the innovations (both alluring and scary) that are driving investments in “Big >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74 Page 75 Page 76 Page 77 Page 78 Page 79 Page 80 Page 81 Page 82 Page 83 Page 84 Page 85 Page 86
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