Benjamin Studebaker

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

Tag: Dwight Eisenhower

George H.W. Bush was the Last of the Postwar Republicans

In the days following the death of former President George H.W. Bush, there have been a lot of obituaries with different takes on his legacy. The left has tended to criticise his Cold War foreign policy interventions and relationship with the CIA and its activities. The right has praised his handling of the Gulf War and the breakup of the Soviet Union. Both these kinds of takes have focused on Bush’s foreign policy legacy. I want to focus on a different part of the story–Bush’s position in domestic politics as the last Republican president in the postwar tradition of Dwight Eisenhower.

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Obama’s Legacy: The Evidence Beyond the Punditry

As President Obama’s term draws to a close, every political writer under the sun is offering a hot take on how he’ll be remembered. These can be fun to read, but they don’t tell you very much about what really happened while Barack Obama was president. So today I’d like to look at some of the evidence and data we have on this president. Let’s see how he stacks up next to past presidents and America’s friends and rivals.

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The Trump Infrastructure Plan Has Potential

Our new president-elect has a plan that has serious potential that we should all get really excited about–he wants $1 trillion in new spending on infrastructure. This sounds like a lot of money, but our crumbling infrastructure could use even more–the American Society of Civil Engineers estimates we’d need to spend $3.6 trillion to bring our infrastructure up to speed by 2020. Beyond the substantive benefits provided by the new infrastructure, there are tremendous economic advantages. An additional $1 trillion in spending would generate roughly somewhere between 6% and 10% GDP growth over the life of the program, depending on the size of the fiscal multiplier. It would also create piles of new construction jobs in the process. There are however some potential issues with how Trump wants to fund the plan, and we should talk about how to get the maximum benefits from it.

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