On June 8 (this Thursday), Britain has a general election. I care deeply about British politics–I’m doing my PhD at Cambridge. But more importantly, Theresa May’s government has managed the country’s economy and public services with stunning fecklessness, and I couldn’t live with myself if I didn’t do my part to point this out.
British Prime Minister Theresa May has announced plans for a snap election on 8 June. She’s ahead in the polls (although not as far ahead as she was when I started this series), and the Conservatives may win–they may win by a lot. But they shouldn’t. So I’m continuing a blog series called “Don’t Vote for the Tories.” Each post gives you a new reason to reject the Tories at the polls this June, grounded in research and data. Previously, we’ve looked at some of issues the Conservatives have mishandled, and at the alternative on offer in Labour’s manifesto. Today we’ll be looking at the Conservative manifesto and running their promises directly against Labour’s.
British Prime Minister Theresa May has announced plans for a snap election on 8 June. She’s way ahead in the polls, and the Conservatives may win–they may win by a lot. But they shouldn’t. So I’m continuing a blog series called “Don’t Vote for the Tories.” Each post gives you a new reason to reject the Tories at the polls this June, grounded in research and data. I aim to do at least one of these each week until the vote. Today we’re taking a break from criticising the Conservatives and exploring what Labour has to offer.
Today I read that President Trump has hung a portrait of Andrew Jackson in the oval office. One of Trump’s spokespeople heaped praise on Jackson, calling him:
an amazing figure in American history — very unique so many ways
Jackson was indeed unique–uniquely terrible. Many on the left dislike Jackson because of his mistreatment of Native Americans, but this is just the tip of the iceberg. Jackson was objectively and provably a disastrous president for all Americans, native or otherwise. I continue to see Trump get compared to Jackson, but none of these comparisons capture just how bad Jackson was for the country. The 1830s were so long ago that few now remember just how absurdly terrible they were. Let me tell you all about it.
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.