Benjamin Studebaker

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

Tag: Joe Biden

Neoliberalism isn’t Dead Yet

As the coronavirus crisis drags on, it has become popular to declare this to be the death of neoliberalism. If neoliberalism were simply noninterference in the economy, the large stimulus packages passed around the world would seem to signify its end. But neoliberalism was never simply about noninterference. Neoliberalism is characterised by economic integration without political integration. Low trade barriers make states compete with each other for investment and jobs, and that pushes states to lower taxes, cut spending, deregulate, deunionise, and push down wages. By globalising the economy, neoliberalism creates a race to the bottom. It subjects states to a global market without creating a global polity to govern that market. We end up governed by an impersonal market logic which frequently conflicts with our needs and interests.

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Iowa Shows that Sanders’ Gains in Cities Will Have a Cost in the Countryside

I’m fond of saying that there are three kinds of places American politicians need to win–cities, college towns, and the countryside. In 2016, the Sanders campaign did very well in the countryside and in college towns, but lost to Clinton in the cities. In 2020, the campaign has tried to reach Clinton voters in cities, but I’ve long feared this might come at a cost to Sanders’ appeal in the countryside. Iowa gives us the first real test of how the new Sanders campaign compares with the old. Now that more than 96% of precincts are reporting, we have enough data to see what has changed and what has stayed the same.

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Remember When Obama and Biden Tried to Cut Social Security by $230 Billion?

Videos have emerged in which Joe Biden speaks in favor of entitlement reform. Biden disputes the claims:

The thing is, Joe Biden and Barack Obama did try to cut Social Security. It’s one of the forgotten pieces of Obama’s legacy. It was called the ‘Grand Bargain’. Let me tell you the story.

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The Higher Education Bubble Isn’t Going to Burst Without Our Help

For a long time, we’ve been sending more and more people to college. We’ve sent so many people to college that many graduates can no longer find good jobs when they leave. More than 40% end up working in jobs that used to require no degree:

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Some have been waiting for market forces to solve this problem. Way back in 2015, Senator Marco Rubio argued that folks would stop going to university and start pursuing jobs in the trades. Instead of studying philosophy, Rubio suggested the kids take up welding:

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The Left Press is Failing Bernie Sanders

This week, Elizabeth Warren overtook Bernie Sanders on the Morning Consult poll. This is the first time she’s placed second on Morning Consult. She’s now up a full point on the RealClear poll average, including 11-point advantages on Quinnipiac and YouGov. She’s up a point on Emerson too. Sanders hangs on to two-point leads on Harris and FOX News’ polls, but trails everywhere else.

Sanders led by 4 points as recently as June and 10 points as recently as May. He’s dropped from 23% in the average to 17%. In April, Warren’s campaign looked moribund. She polled at less than 6% and was getting obliterated in fundraising. We have screwed this up. But the good news is that we have time. Iowa isn’t until February. There’s four full months to turn this around. But if we’re going to do it, we need to take a hard look at ourselves and the role we’ve been playing in the race.

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