Benjamin Studebaker

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

Tag: Stagflation

Canadian Donald Trump is Coming

For a couple of years now I’ve had a theory, one I haven’t told you all about. It goes something like this–Canada is just like us, but 5-10 years ago. Here’s how it works.

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Even Top Liberal Pundits Still Don’t Understand the Division in the Democratic Party

Today a friend of mine sent me a piece by Franklin Foer inĀ The Atlantic. In the piece Foer gives some thought to what ails the Democratic Party, and he comes to a constructive conclusion–the party needs to reach out to the white working class. But the way Foer gets there troubles me. Too many liberal commentators don’t quite understand the division within the Democratic Party, even the ones who are actively trying to understand that division. Let me show you what I mean.

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How Brazil Got the Worst Austerity Program in the World

Brazil’s new president, Michel Temer, has introduced austerity via constitutional amendment, freezing Brazil’s state spending at 2016 levels for 20 years, allowing it to increase only at the rate of inflation. This is really dumb–if Brazil’s population grows, or Brazil has an economic crisis, or Brazil has to go to war, it will be trapped within 2016 fiscal parameters. So as its population grows, the same level of spending will be divided across ever larger numbers of people, and if Brazil gets into major trouble it will only be able to pay for emergency measures by lashing social spending. To make matters worse, the amendment disallows its own repeal for a 10 year minimum, so there is nothing anyone in Brazil can constitutionally do about this ridiculous rule until 2027. But you know what makes this even more incredible? Temer was never elected president of Brazil in the first place. What follows is the bizarre story of how Brazil’s broken constitution empowered a man committed to an absurd political agenda.

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Why Bernie vs Hillary Matters More Than People Think

Lately the internet has become full of arguments about the merits and demerits of Bernie Sanders and Hillary Clinton. Over the past couple weeks, I’ve been discussing and pondering all the various views about this, and I’m increasingly of the opinion that most of the people engaging in this debate don’t really understand what is at stake in the democratic primary. This is in part because many Americans don’t really understand the history of American left wing politics and don’t think about policy issues in a holistic, structural way. So in this post, I want to really dig into what the difference is between Bernie and Hillary and why that difference is extremely important.

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Ted Cruz vs. Ellen Page and Jimmy Carter

Ted Cruz has had a busy week. First the Texan senator and republican presidential candidate got in an argument about LGBT rights and religious freedom with actress Ellen Page. Then he launched an awkwardly timed attack on the presidency of Jimmy Carter, who was recently diagnosed with cancer. I’m not here to scold Cruz for being impolite. What I would like to do is talk about the substantive arguments Cruz makes and the way he makes them. So consider this post something of a doubleheader. Read the rest of this entry »