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1. The Green New Deal. The plan misunderstands climate complexity just as much as Sanders’ billionaires narrative misunderstands the economy. But most frustratingly, supporters present a 12-year doomsday clock and then pile on a wishlist of not-even-remotely-related progressive policies.
2. Hipster Antitrust. Self-proclaimed New Brandeisians focus on a host of non-traditional metrics for antitrust (competition). The economists behind the recent Utah Statement recommend numerous specific changes to regulation and legal doctrine, but what emerges is vast discretionary power for regulators and a rubber stamp for courts.
3. Breaking Up Big Tech. Big tech's ascent reframes old issues, such as whether network effects that make bigger social platforms more valuable to consumers mitigate concerns over market power. Reevaluating the consumer welfare standard for the 21st century should be an “intellectual feast” for antitrust economists, but has instead become a potent political rallying cry invoking fear of the unknown and the incessant scapegoating of big corporations.
4. Billionaire Tears. When candidates and their backers propose financially harming billionaires, the next question must be “who is helped, and how?” Is the debate about taxation and policy, over which fair minds can disagree, or merely envy?
5. New Tech, Old Jobs. Of course, the "gig" economy is really about matching small buyers and sellers. It has created unprecedented numbers of contract-work opportunities. California’s new crackdown on contract work may do the most harm by foreclosing opportunities that would only be revealed as technology and the labor market continued to co-evolve.
6. Bitcoin Maximalism. Bitcoin maximalists believe the original blockchain technology will, must, and should become all the money everyone uses. While not perfectly overlapping, Bitcoin maximalism carries whiffs of “libertarians” who want the government out of the way so they can be the ones in charge.
7. Elizabeth Warren. Warren wants to run the private sector. Her staggering number of plans, several dozen and growing, would make her a Tyrant King and give her administration unprecedented discretionary power over the corporations and wealthy individuals she incessantly demonizes. One could certainly see private wealth having the last laugh with countless new points of entry to the levers of government power. Warren has repeatedly stunned economists with her hubris this year as she produces plan after plan that indicate she thinks the right person just needs to tell companies what to do.
8.National Conservatism. Of course, capitalism and conservatism don’t actually go hand in hand. Capitalism is a force for constant change in society through bottom-up evolutionary means that while messy offer sounder guidance than central planning. Libertarians have repeatedly made the mistake that right-populists also want small government. They don’t. They want to be the government.
You forgot to add the Fed's renewed Quantitative Easing in the form of $100s of billions of dollars being pumped into the repo markets, renewed treasury purchases of $60 billion per month, and record balance sheet expansion over the duration of the past 3 months. All for the "greatest economy ever."
Worst ideas:
Slavery reparations-seriously you had to resurrect this stupid idea Dems? A Russian immigrant in Minneapolis has to pay higher taxes so that a Sudanese immigrant from 1994 can get a check because of the color of their skin?
Free college tuition/student loan forgiveness: Pay trillions so every 18 year old can get an economically worthless liberal arts degree?
Govt worker pensions an old idea that should have been phased out like the private sector and federal govt. We tax people out of their homes to give govt workers exorbitant retirements while taking away from taxpayers trying to fund their 401k's
Socialism in general: Has anyone been watching Venezuela, North Korea etc. The only people who have their situation bettered by socialism are the party bosses themselves and their cronies.
Open borders: the entire poverty stricken world population can come to the US with no language or other economically valuable skills and bankrupt our social welfare programs? Including criminals and people with a hostile view of western civilization and freedoms.
Worst ideas:
Slavery reparations-seriously you had to resurrect this stupid idea Dems? A Russian immigrant in Minneapolis has to pay higher taxes so that a Sudanese immigrant from 1994 can get a check because of the color of their skin?
Free college tuition/student loan forgiveness: Pay trillions so every 18 year old can get an economically worthless liberal arts degree?
Govt worker pensions an old idea that should have been phased out like the private sector and federal govt. We tax people out of their homes to give govt workers exorbitant retirements while taking away from taxpayers trying to fund their 401k's
Socialism in general: Has anyone been watching Venezuela, North Korea etc. The only people who have their situation bettered by socialism are the party bosses themselves and their cronies.
Open borders: the entire poverty stricken world population can come to the US with no language or other economically valuable skills and bankrupt our social welfare programs? Including criminals and people with a hostile view of western civilization and freedoms.
That's a pretty good list. I'd probably add one or two of the OP's bullet points as well.
Worst ideas:
Slavery reparations-seriously you had to resurrect this stupid idea Dems? A Russian immigrant in Minneapolis has to pay higher taxes so that a Sudanese immigrant from 1994 can get a check because of the color of their skin?
Free college tuition/student loan forgiveness: Pay trillions so every 18 year old can get an economically worthless liberal arts degree?
Govt worker pensions an old idea that should have been phased out like the private sector and federal govt. We tax people out of their homes to give govt workers exorbitant retirements while taking away from taxpayers trying to fund their 401k's
Socialism in general: Has anyone been watching Venezuela, North Korea etc. The only people who have their situation bettered by socialism are the party bosses themselves and their cronies.
Open borders: the entire poverty stricken world population can come to the US with no language or other economically valuable skills and bankrupt our social welfare programs? Including criminals and people with a hostile view of western civilization and freedoms.
Judging from the posts in the past about difficulty finding a job, I am thinking the degree is in 8 track player repair.
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