One of the underappreciated aspects of the current debate over corporate tax inversions is how it represents not just an opportunity for some progressive populism, but is just another aspect of the same view which motivates the left’s general disgust with Uber and other members of the sharing economy.
Author: Benjamin Domenech
The progressive left and the technocratic right want the whole world to look like the political machines they know and love. They cannot tolerate the idea that self-governing communities outside their approach to dealmaking and spoils-centered politics could give people an attractive alternative.
Over the past decade, we’ve witnessed a decline in the level of trust in government, and a rise in distrust, to levels unprecedented in American history. But to think this is an entirely new phenomenon is a mistake: trust in government has steadily declined since the Great Society and the Vietnam War under Lyndon Johnson.
There is no court or parliamentary procedure or legal technicality which can defend against Obama’s actions at this point or short-circuit the process (or lack thereof) he’s going to employ for the rest of his presidency.
This Molly Ball piece on the metric which best determines the outcome of elections makes for a fascinating read: essentially, it demonstrates that when Republicans don’t lose the working class by a wide margin, they do well, and when they lose it by 20 points, they don’t. Throw out all the other measures of race and religion – and Republicans even spot the Democrats the ten points! – and the share of the working class vote determines the outcome:
John Feehery’s piece here on the dangers of rising Republican skepticism for big business is an amusing read, not just because I’m pretty sure nearly every sentence of it can be debunked in whole or in part. The tone is one of desperate confusion: when did the Republican Party stop being knee-jerk pro-business in the subsidies and carveouts and bailouts sense? Why do they want to kill the jobs of hardworking K Street influence peddlers?
The decision in the Halbig v. Burwell case this week was an unexpected legal boon to opponents of Obamacare. Spearheaded by the Cato Institute’s Michael Cannon and law professor Jonathan[...]
I have difficulty with viewing these arguments from Wehner and Gerson (and David Frum) as anything but naive posturing. For Gerson, the aim seems to be that the drug war is something that is helping people, and backing off from it is bad for society; for Wehner, he seems to conclude that the path back to electoral success is doubling down on the drug war to appeal to single women and moms.
At the Examiner, Gene Healy writes about why the Rand Paul/Rick Perry initial sparring is good for the foreign policy debate on the right. Whether it’s good or bad in the long run, I do believe it illustrates a number of challenges Republican candidates in 2016 will have to deal with, and the difficulty of assessing where the Republican base is headed at a time when few leaders have run in tandem with its shifting views on national security and foreign policy.
I hope you all took time to read Mollie Hemingway’s piece this week concerning the problem of media ignorance. The really troublesome aspect of it, as I see it, is not when people are unintentionally ignorant of the matters they cover, which is of course excusable. No one is expected to be an expert on everything they write about, and in practice, it just serves to foster the Gell-Mann Amnesia effect, which you have surely experienced regularly if you are an expert in something and a consumer of media. Yes, it’s a problem when those youngsters in media who got promoted because they are really good at the Instagram don’t know about something because it’s on the second page of the Google results. But leaving something you didn’t know out of a story is more excusable than asserting something inaccurate out of ignorance, which is still more excusable than purposefully putting on blinders and ignoring anything that conflicts with your thesis because you’d rather not engage it. It’s one thing to not knowanother perspective exists – it’s another to purposefully pretend it doesn’texist.
Today’s economy is driven by Washington in more than just determining the location of Maserati dealerships. We see the ramifications of current government policies in numerous obvious ways. Make full-time employment more expensive with required benefits, and suddenly there are more part-time jobs; provide ample benefits and low eligibility standards for defining disabled workers, and suddenly there are more long-term unemployed going on SSDI; keep interest rates at zero, and suddenly there are more elderly workers; end unemployment insurance, and suddenly you see people accepting jobs they were reluctant to take; and as we’ve seen at the state and local level, raise the minimum wage, and suddenly teens are struggling to find work.
Yesterday’s narrow Hobby Lobby decision shows why the culture war isn’t over – it’s just getting started. The reality is that in the absence of the ability to compel employers to pay for things over their religious objections, and at a time when covering 16 forms of birth control out of 20 is culturally insufficient, the Obama administration will be more than happy to turn to the traditional method of the left: skipping the middle man of the employer and just handing people other people’s money.
Following oral arguments, I was not optimistic about this ruling. The Court could have bought into the argument that Hobby Lobby can’t really complain about this requirement when they have the capability to not offer coverage at all, instead shifting people under their employ to the taxpayer via Medicaid or the exchanges. The penalty for offering coverage which fails to meet essential benefits is clearly absurd and sizable, but the penalty for not offering coverage at all would actually cost them less than offering coverage in the first place (around $26 million per year). The “gun to your head” penalty was the one which moved the court on the Medicaid/federalism question before, in a ruling that unexpectedly led to half the states declining to expand Medicaid. Justices Kagan and Sotomayor stressed this in oral argument and the Court could have found that this factor removes the pressure of an actual requirement. You can understand the reasoning: Just like the requirement to purchase insurance, it’s not illegal, it’s just a tax!
Slowly but surely, Washington is waking up to the idea that the current surge in populism is not some flash in the pan, but a real and sustained trend in politics on the right and left. Distrust and frustration with an economic and political system that rewards, defends, and bails out the wealthy, powerful, and well-connected while leaving the middle and working class to get squeezed by stagnant wages and the higher costs of the basic staples of life, has made things which were once considered humdrum politics as usual suddenly controversial.
This Telegraph interview with Chelsea Clinton reveals a number of facets of the once and future first daughter which make her the perfect representative of her Millennial generation. She has the fickle but sincere flightiness over everything from career to diet, the waywardness of the overeducated and underchallenged, the comfort of comprehensive knowledge of the new sins, the inner child of Bart Simpson, the gluten allergy … but of course the gluten allergy.
One of the few simple joys I have in life, shared with Camille Paglia, is listening to sports radio. She describes it as one of the few arenas still safe for an old-fashioned sort of masculinity – I think of it more as a respite from reading and thinking about politics and policy, second only to leaning back in an easy chair with a good simple future-noir detective story about hunting Chinese Martians or a word that could end the world. There is a simple rhythm and cadence to good sports talk radio which allows for an undercurrent of wit and humor juxtaposed with statistical argumentation, hitting the high and the low.
It seems fitting that after such a momentous political evening, the Washington, D.C. area woke early this morning to the thundercrack of a summer storm, with a furious arrival and just as quickly faded and gone. The crushing and unexpected defeat of Eric Cantor – the first defeat of a sitting House Majority leader since 1899, which also happens to be the creation of the position – is sending ripples through a Republican Party which will have ramifications for this cycle and beyond.
The politics of dramatically expanding the child tax credit entitlement (and yes, it is an entitlement) just don’t make all that much sense to me. Consider the landscape of America today, where more people are staying single longer and having fewer kids of their own volition, as they pretty much always do all over the world as cultures become more highly educated. These are not recent developments: