Benjamin Studebaker

Yet Another Attempt to Make the World a Better Place by Writing Things

Why Larry Summers is Wrong About $2,000 Stimulus Checks

Larry Summers, the former director of the National Economic Council under President Obama, has publicly spoken out against the $2,000 stimulus checks proposed by Bernie Sanders and President Trump. Summers’ argument is simple–the checks are projected to increase disposable personal income as a ratio of GDP to an unusually high level. For Summers, the fact that this figure would be elevated above normal levels is itself cause for concern. But the situation we are in is unprecedented, and it calls for an unprecedented response. Let’s run through some of the arguments.

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Jimmy Dore, AOC, and Medicare-For-All Strategy

The American left is finally discussing Medicare-For-All strategy again, thanks to Jimmy Dore’s suggestion that House Democrats could demand a floor vote on the legislation in exchange for backing Nancy Pelosi’s next term as Speaker. For too long, we haven’t been discussing our substantive goals and the available strategies for pursuing them. We’ve been locked in grim, repetitive discussions of coronavirus and the presidential election. But Dore got Medicare-For-All back on the front burner. And how have we rewarded him? He’s been subject to a slew of malicious, personal attacks. Instead of engaging with Dore’s argument, many of Dore’s opponents have turned to ad hominem, arguing that we shouldn’t listen to the argument simply because it comes from Jimmy Dore.

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The Unfolding Economic Catastrophe in Europe

As the figures for the third quarter come in, I am growing very worried about the future of Europe. Coronavirus has unleashed a disaster there that is hard to comprehend. The numbers are extraordinarily terrible. Let me show you what I mean.

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A Realistic Left-Wing Strategy for Red States

In recent years, the left has been excited about electoral breakthroughs in college towns and big cities. But these regions aren’t enough. To pass signature legislation like Medicare-For-All, the left must establish a Senate majority. This means that somehow, rural red states have to elect senators who are willing to get behind these proposals.

The left hates thinking about this problem, because it requires acknowledging the limitations of its existing approach. The strategy that seems to work well in New York and California has no traction at all in Middle America. Proponents of the coastal strategy love to daydream about circumventing the problem. They indulge in idle fantasies of abolishing the Senate and electoral college, they delude themselves about demographic shifts, and they mock red state voters for choosing their cultural values over their economic interests. Of course, they never consider making cultural concessions to red state voters because they themselves care more about progressive cultural commitments than securing economic rights. They have the same priorities they mock.

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An Argument with Nathan Robinson about Whether the Left Should Support Joe Biden in the General Election

Nathan Robinson and I have written two very different pieces about whether the left should support Joe Biden in the general election. We got together to debate the issue, and our discussion is now available to you on YouTube:

Here’s my piece: https://benjaminstudebaker.com/2020/08/31/the-left-case-against-supporting-joe-biden-in-the-general-election/

Here’s his piece: https://www.currentaffairs.org/2020/08/an-ineffectual-biden-presidency-is-better-for-the-left-than-an-actively-authoritarian-trump-presidency