The Democratic Party Debate: 5 Reasons Why Sanders Won and Clinton Lost

I watched the first Democratic Party debate, hosted by CNN. CNN also hosted the second Republican Party debate, and in both debates it tried to get the candidates to fight each other on camera for the entertainment of the viewing public, repeatedly asking questions designed to get candidates to criticize or attack one another. In the republican debate, this tactic worked perhaps too well–the debate deteriorated into a series of personal attacks, with little relevant policy content. For that reason, I didn’t bother to write up an analysis of the second republican debate–there was little of substance to analyze. The democratic candidates did a better job of resisting their baser instincts, and we did manage to get some interesting exchanges on serious policy issues, particularly between Bernie Sanders and Hillary Clinton. In these exchanges, it was quite clear that Sanders was the winner–his arguments were significantly stronger and more convincing than Clinton’s.

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Martin Shkreli is the Product of a Broken Healthcare System

A lot of people are very angry with Martin Shkreli. Shkreli is CEO of Turing Pharmaceuticals. Turing recently purchased the rights to Daraprim, a drug that treats toxoplasmosis, a condition that poses the greatest threat to people with weakened immune systems, such as AIDS patients. 4,400 people are hospitalized with the condition each year in the US, and about 327 people die on average each year. Once Turing acquired Daraprim, it promptly raised the price from $13.50 per pill to $750. Turing and Shkreli claimed that the price increase was necessary to make a profit and to pay for research and development into new toxoplasmosis drugs, but the medical establishment and the public strongly disagree. Dr. David Relman, chief of infectious diseases at VA Palo Alto Healthcare System, told Fortune:

We are not in dire need of new drugs for toxoplasmosis right now. There is no significant drug resistance problem with toxoplasmosis. We do not need them to be undertaking some self-serving marketing campaign. There is no public health need for such. This is simply about greed.

The HIV Medicine Association and the Infectious Diseases Society of America concurred, writing a joint letter condemning the move. But in going after Shkreli and Turing individually, we’re collectively missing the point–they are a symptom of a much larger prescription drug problem in America.

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The Wall Street Journal is Telling Awful Lies about Bernie Sanders

Over the last few days, I’ve seen a deeply misleading claim circulating around the internet–that Bernie Sanders is supposedly going to increase government spending by $18 trillion over 10 years. This claim originates in a Wall Street Journal article by Laura Meckler. The article is so deeply misleading that Gerald Friedman, the economist cited by the WSJ, has felt compelled to come forward and explain that his research does not at all support the WSJ’s conclusion. Indeed, Friedman claims that Sanders’ plan will actually save money. To understand how, we need to know just a little bit about healthcare economics.

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Jeb Bush’s Plan to Privatize Medicare Would Be a Disaster

US Presidential contender Jeb Bush recently spoke out in favor of the old Paul Ryan plan to “phase out” Medicare and replace it with a voucher program:

Said Bush:

I think a lot of people recognize that we need to make sure we fulfill the commitment to people that have already received the benefits, that are receiving the benefits. But that we need to figure out a way to phase out this program for others and move to a new system that allows them to have something, because they’re not going to have anything.

When pressed on the point, Bush doubled down:

It took less than a day for me to be attacked for the very thing that I predicted would happen and that’s just ridiculous. We need to have a grown-up conversation about these issues.

Bush argues that if we do not privatize Medicare, the system will collapse. Consequently, he thinks those who disagree with him are not taking the issue seriously. But this argument is grossly misleading–Medicare is in a much stronger financial position than Bush would have us believe, and a privatized system would sharply increase healthcare costs for seniors.

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Candidate Evaluations: Jeb Bush

Jeb Bush is finally officially running for president. He delayed a while so that he could set up his super-PAC, Right to Rise. Bush plans to outsource the operation of his campaign to Right to Rise so that he can circumvent existing campaign finance laws. There is no limit to the size of donations to super-PACs, and donors can remain anonymous. Legally, all Bush has to do is ensure that no member of his campaign directly operates the super-PAC. In any case, let’s look at the guy, shall we? I’ll be evaluating Bush’s background, policy history, and explicit statements to determine whether or not he would make a good president. I won’t be paying attention to electability or likeability, as is often common elsewhere on the web.

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