As California Governor Gavin Newsom desperately tries to save himself from being recalled, he’s resorted to the same set of tactics Joe Biden used to silence left-wing dissent in 2020. Californians are now told, over and over, that the leading Republican challenger, Larry Elder, is the next Trump, that he poses some kind of existential threat not just to California but to the whole country. Anyone who votes to recall is helping the authoritarian right. Anyone who runs as a Democrat in the recall election is encouraging more Californians to vote to recall Newsom, and that makes it more likely that a Republican will win. They’re using a “threat inflation” strategy. If Californians believe Larry Elder poses an existential threat to them, they will line up behind Newsom no matter how incompetent he is, no matter how poorly he administers the state. The trouble is, it’s just not true. Larry Elder is not the next Trump. He’s the next Bruce Rauner.
Continue reading “At Most, Larry Elder is the Next Bruce Rauner”What it’s Like to See Bernie Sanders in 2021
On August 27th, Bernie Sanders decided to come to West Lafayette, Indiana, to do a town hall. Indiana is my home state. Bernie is 79. This could be the last time he visits, for all I know. My girlfriend is a few years younger than me. She’d never seen Bernie in person. We decided to drive down. Let me tell you the story.
Continue reading “What it’s Like to See Bernie Sanders in 2021”Two Kinds of Pride in American Politics
I’ve been thinking about pride’s role in politics. When I say pride, I am not talking about mere self-respect. I am thinking about vanity, about the insidious mistake of thinking we are superior to others when in fact we are their equals. This is pride in the grim, nasty, old-fashioned sense. I think there are two kinds of pride running amok today. One is associated with entrepreneurs, with those who consider themselves “self-made”. The other is associated with professionals, with those who consider themselves “educated”. Let me share them with you.
Continue reading “Two Kinds of Pride in American Politics”The Bipartisan Infrastructure Agreement is Embarrassing
Remember the Biden administration’s proposal to spend $2 trillion on infrastructure? Traditional infrastructure spending accounted for roughly half of that proposal. It was less than half of what the American Society of Civil Engineers believes we need. According to them, the US faces a $2.59 trillion infrastructure shortfall over the next 10 years. Now a bipartisan deal has been announced which limits new spending to just $579 billion. That’s less than a quarter of what our civil engineers believe we need. To make matters worse, the administration has agreed to fund much of the spending with public/private partnerships. Many essential infrastructure projects can’t generate a profit–they require huge up-front investments and continuous maintenance. The more an infrastructure package depends on private funding, the more limited that package is in the kinds of projects it can fund. How did it come to this? Let’s run through some of the reasons why the infrastructure plan was so completely butchered.
Continue reading “The Bipartisan Infrastructure Agreement is Embarrassing”The Case for Raising the Minimum Wage to Address Labor Shortages
As we saw in the years following the 2008 recession, lots of business owners are frustrated by labor shortages. They argue that these shortages are caused by a lack of incentive to work, and propose to generate that incentive by making life more difficult for the unemployed. In this case, they argue for restoring work requirements for unemployment and eliminating the federal unemployment supplement enacted in the waning days of Trump administration. This is a highly punitive way of generating incentive, and those who support these measures often accuse our unemployed citizens of laziness. They could instead generate incentive by raising wages. A recent study from the Federal Reserve indicates that the vast majority of workers aren’t being discouraged. As long as workers anticipate that their unemployment benefits may eventually come to an end, they will accept work even when the work pays less than the benefits do. Only the workers at the very bottom of the wage distribution face an incentive problem. Today I want to discuss how the study works and what it means for the minimum wage debate.
Continue reading “The Case for Raising the Minimum Wage to Address Labor Shortages”
Benjamin Studebaker 