Explaining an unexplained dip

The New York Times’ Steve Lohr today writes about the growing furor over executive pay, and the widening disparity between what top company officials make as compared to average workers.

But the story is accompanied by a chart, based on statistics from the Economic Policy Institute, that shows a huge dip in the disparity earlier in this decade. Today, according to the chart, the disparity is rising once again, though it has not yet reached the heights of 2000.

Nowhere in Lohr’s story is the blip explained. (Not that I’m blaming him — he probably had no idea that particular chart would be used to accompany his reporting.)

What’s the explanation? According to an Economic Policy Institute report from June 21, 2006:

The ratio surged in the 1990s and hit 300 at the end of the recovery in 2000. The fall in the stock market reduced CEO stock-related pay (e.g., options) causing CEO pay to moderate to 143 times that of an average worker in 2002. Since then, however, CEO pay has exploded and by 2005 the average CEO was paid $10,982,000 a year, or 262 times that of an average worker ($41,861).

OK, I suppose we could have figured that out. But someone at the Times should have seen that the chart did not perfectly match Lohr’s reporting that chief-executive compensation has risen from 35 times to 275 times that of the average worker since the 1970s. It’s true, but stuff happened in between, too.

George Will thrashes McCain

Conservative columnist George Will absolutely goes off on John McCain:

For McCain, politics is always operatic, pitting people who agree with him against those who are “corrupt” or “betray the public’s trust,” two categories that seem to be exhaustive — there are no other people….

It is arguable that, because of his inexperience, Obama is not ready for the presidency. It is arguable that McCain, because of his boiling moralism and bottomless reservoir of certitudes, is not suited to the presidency. Unreadiness can be corrected, although perhaps at great cost, by experience. Can a dismaying temperament be fixed?

The proximate cause of Will’s dismay is what he calls McCain’s “fact-free slander” of Securities and Exchange Commission chairman Christopher Cox.

These are very tough words coming from perhaps our best-known conservative pundit.

The Red Sox’ first Latino superstar

In today’s Boston Globe, Keith O’Brien writes about the diminishing number of Latino players on the Red Sox — and compares the current team to the all- or mostly white teams of the past.

Point taken. But O’Brien steps in it when he refers to a “team whose stars typically looked like Ted Williams or Carl Yastrzemski” in describing those mostly white line-ups. The problem here is that Williams, as many knowledgeable fans know, was only the greatest Latino star in baseball history.

Williams’ mother, Micaela “May” Venzor, was the daughter of parents who were born in Mexico, Pablo Venzor and Natalia Hernández. In his 1969 autobiography, “My Turn at Bat,” Williams, who himself was born and grew up in San Diego, writes of his mother:

Her maiden name was Venzor, and she was part Mexican and part French, and that’s fate for you; if I had had my mother’s name, there is no doubt I would have run into problems in those days, the prejudices people had in Southern California.

May Venzor Williams was a volunteer for the Salvation Army, an avocation that kept her away from home most of the time, and about which her son complains bitterly in “My Turn at Bat.”

O’Brien’s mistake is not unusual. In 2005, the New York Times groused that Williams had been left off Major League Baseball’s list of “Latino Legends.” Williams’ Latino background is not well-known. But that makes it no less real.

“The left’s favorite conservative”

Good Howard Kurtz profile today of New York Times columnist David Brooks.

Though I often disagree with Brooks, I’ve always liked his work. So it was somewhat disconcerting to read that my admiration for Brooks borders on cliché: according to Kurtz, Brooks is “sometimes cast as the left’s favorite conservative.”

Fair enough. Brooks is, after all a moderate conservative whose views on cultural issues are a lot closer to mine than, say, to Mike Huckabee’s.

I thought it took a while for Brooks to find his legs as a Times columnist. His longer pieces in the Weekly Standard and the Atlantic Monthly were terrific. At the Times, though, the tyranny of having to write short and the pressure of being the token conservative seemed to lead him to write agit-prop that I doubted even he believed.

Brooks has long since found his voice, though, as evidenced by his nuanced, shifting view of Barack Obama. Of course, he may just be trying to keep his Obama-supporting wife and kids happy.

Photo (cc) by DoubleSpeak with Matthew and Peter Slutsky and republished here under a Creative Commons license. Some rights reserved.

Those greedy low-income seniors

Some mighty odd rhetoric this morning from the McCain campaign, which falsely claims that Barack Obama wants to raise taxes on everyone earning more than $42,000 a year. Boston Globe reporter Michael Kranish writes:

Democrat Barack Obama has proposed eliminating the federal income tax for senior citizens on income below $50,000, which his campaign says would mean that 7 million seniors would not pay the tax, with an average tax cut of $1,400….

McCain, meanwhile, has not proposed a tax cut specifically for seniors. “We haven’t tried to target every demographic, the way Obama does with a handout, so we don’t have that,” McCain economic adviser Douglas Holtz-Eakin said.

A “handout”? What is Holtz-Eakin saying? That tax cuts are just fine as long as they’re not targeted to low-income senior citizens?

From the top of Mount Monadnock

I led a church group to the summit of Mount Monadnock yesterday, on what may have been the best hiking day of the 21st century. We took the Dublin Trail from the north. We weren’t exactly alone, but it was a lot less crowded than the more popular trails up the south side of the peak.

This shot is from the summit, looking down on the Dublin Trail’s final, rocky approach.

First Amendment Center at Northeastern

The Associated Press reports on the launch of the New England First Amendment Center, founded by the New England First Amendment Coalition, Northeastern’s School of Journalism and the Center for Urban and Regional Policy.

Northeastern’s coordinator, Walter Robinson, explains that the center will focus on ensuring access to public records, telling the AP: “Most of the people that reporters and citizens deal with who have the information — they are not up on the law — and if people understood the law better, if we had better public education on this, then we would have better compliance.”

Adds Steve Burgard, director of the J-school: “We hope a center like this for many people will be place where they can go to learn what the law is and how they can use it.”

The center’s Web site includes a blog, to which I’ll contribute occasionally.

Here is the official announcement.

Your own lying eyes

I’m going to break one of my rules for blogging by engaging in a little mind-reading. That’s because it seems fairly obvious that the folks at the Washington Post have decided they don’t want to engage in a battle with the McCain-Palin campaign over Sarah Palin’s crystal-clear, public statement linking the war in Iraq to the terrorist attacks of Sept. 11, 2001.

How else can we possibly explain Post ombudsman Deborah Howell’s column accepting the line that Palin was actually referring to a terrorist group known as Al Qaeda in Iraq? How else can we understand reporter Anne Kornblut’s contention that there was more than one interpretation that could be given to Palin’s remarks? Why else would the Post run a “clarification” to Kornblut’s article that might as well have been headed “obfuscation”?

By all means, watch the video above, but here’s the key sentence from Palin’s talk to Iraq-bound Alaskan soldiers, including her son Track: “You’ll be there to defend the innocent from the enemies who planned and carried out and rejoiced in the death of thousands of Americans. You’ll be there because America can never go back to that false sense of security that came before Sept. 11, 2001.”

Is this difficult? There was no Al Qaeda in Iraq on Sept. 11, 2001. Al Qaeda in Iraq did not plan and carry out the attacks. Every one of the terrorists was either Saudi or Egyptian. I mean, come on. Palin’s words were plainly spoken. There is no alternative interpretation.

The U.S. military, after extensive study, found there were no ties between Saddam Hussein and Al Qaeda. The military also believes that Al Qaeda in Iraq is merely a homegrown, Iraqi insurgent movement.

Why is the Washington Post acting as enablers for the McCain-Palin campaign’s transparent attempt to explain away Palin’s ludicrous statement?