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The Super Committee is in a filter bubble that could burst deficit reduction efforts

November 7, 2011

You might not have heard the term "filter bubble" before (I hadn't), but you know how it works.

Bubbles4_leftBasically, the concept is that each of us gets the same Internet information over and over based on the increasing trend of online companies to tailor services, including news and search results, to our personal tastes.

This leads to what TED speaker Eli Pariser calls a dangerous unintended consequence: We get trapped in a filter bubble that keeps us from being exposed to information that could challenge or broaden our worldview.

More information outlets, same results: It doesn't just happen online. The television bubble filter equivalent is viewer dedication based on personal political bias to either Fox News or MSNBC.

But we do tend to blow up our protective bubbles even more on social media sites, friending or following individuals who share our interests, backgrounds, political views.

And we share the same "I knew it!" pieces of informantion back and forth with the same supportive groups.

Essentially, personalized content might be is narrowing our perspectives.

When we predominately see and hear what we want to see and hear, Pariser says that the resulting filter bubble will ultimately prove to be bad for us and bad for democracy.

17 Days Super Committee CountdownAnd it could be very bad for deficit reduction efforts.

Dominic Basulto, writing for the Washington Post's Ideas@Innovations blog, says:

By opting for the lowest common denominator — a "supercommittee" split down the middle by party and ideology and encouraged to split the difference — Congress is close to missing an opportunity to craft an innovative solution to our nation's fiscal problems. Lawmakers should realize that the key to crafting an innovative political solution is all about accessing the information and data at the edges of their networks, not in shrinking the number of possible solutions to the deficit reduction problem.

Basulto urges the members of the Joint Select Committee on Deficit Reduction to break out of their individual and the overall Congressional filter bubbles, noting that what's relevant is not always what we think is relevant.

As the countdown toward the Nov. 23 deadline for the 12-member bipartisan committee to come up with a Congressionally acceptable deficit reduction plan, here's hoping the Senators and Representatives do pop their filter bubbles and not our deficit cutting hopes.

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It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • I sometimes think of the internet particularly blogs as small groups of people in echo chambers playing a spirited game of “Tastes great – less filling” as they loudly debate the fine points of issues on which they basically agree.

  • Wouldnt an innovative solution be amazing? Given both parties are no doubt hovering over their respective committee members, giving them talking points, pushing the party line. Rarely do I see our elected officials focused on the right answers for small business and taxpayers and I am pretty sure the Supercommittee will follow through and confirm my beliefs that they can’t work together for their constituents.

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