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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: AdrianC   😊 😞
Number: of 84361 
Subject: Re: Krugman Nails It (He’s on a roll)
Date: 02/05/25 8:33 AM
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Good piece, thanks for posting.

For readers mystified by the reference, COBOL is a very old programming language that was once pervasive in the business world but in which hardly anyone under 60 knows how to program — yet is still widely used in government. (During Covid, the state of New Jersey put out a frantic call for people who knew COBOL to implement expanded unemployment benefits.)

But this observation raises another concern. What if the Musk people — Muskovites? — try to muck with systems they don’t understand, believing that they’re super smart and can master everything with the help of a little AI? It’s not hard to imagine the whole federal payments system — including, by the way, servicing of federal debt — crashing.


I'm too young for COBOL. Started on Pascal and Fortran, would not say I'm competent with either. But I've come across a lot of young software engineers who if asked "what do you program?" will say "what have you got?".

I expect the Muskovites have the usual software engineer's arrogance multiplied by a thousand. Good description of their "methods" at Twitter in the Isaacson biography of Musk.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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