India 2019: Looks Like A TsuNAMO

90 minutes into the vote counting, and it is beginning to look like a massive victory for Narendra Modi. If he pulls a hattrick and wins again in 2024, he joins the rank of the Congress Party's Nehru. This is happening after a long time in India that a party with a majority is winning another five-year term. He should be able to give India double-digit growth rates before he goes to the people again in 2024.

3:30 AM EST Update

My Projection Puts Modi At 300-350

2020: The Year Of The Social Democrat

2020 is going to be the year of the Social Democrat. The New Democrat reign lasted from 1992 to 2016. Now the mainstream talk inside the Democratic Party is that of the Social Democrat. The most popular ideas are those pushed by the Social Democrats.

Inequality And Climate Change Are Existential: A Blueprint For Survival

The New Democrat claimed to have moved to "the center," wherever that was, whatever latitude and longitude. The Social Democrat has a strong, uncompromising focus on human capital and the environment, is unapologetic about tackling inequality. But the Social Democrat also must have an energized sense of the role of tech entrepreneurship in the solutions of tomorrow. In that sense, the Social Democrat occupies the revitalized center. The Social Democrat is not giving a leftward lurch to the party and abandoning all hopes of victory.

Inequality And Climate Change Are Existential: A Blueprint For Survival

The Universal Basic Income that Andrew Yang is talking about only truly works the way it is supposed to work when new technology has given the economy massive increases in productivity. In one projection the US starts seeing annual growth rates of 50%. You can not talk down those tech entrepreneurs. They are part of the solution.

Inequality And Climate Change Are Existential: A Blueprint For Survival

The wealth tax that Elizabeth Warren is talking about is the saving grace for capitalism. Inequality is as much an existential threat as climate change. 

2020: The Year Of The Social Democrat https://t.co/kts0e85MCZ @AOC @BernieSanders @AndrewYang @PeteButtigieg @KamalaHarris @SenWarren @_waleedshahid @justicedems @saikatc @VarshPrakash

— Paramendra Kumar Bhagat (@paramendra) May 23, 2019

Andrew Yang: Universal Basic Income, Elizabeth Warren: Wealth Tax

Andrew Yang is not a one trick pony, although he almost exclusively talks about the Universal Basic Income. His website has the richest policy proposals of any candidate with the possible exception of Elizabeth Warren. Elizabeth Warren's central idea is the idea of the wealth tax. I fully support. These are two ideas that can not lose, no matter if Andrew Yang and Elizabeth Warren win or not.

That is why the presidential campaign is so important. That is why the debates are so important. These two ideas have to be hammered into the political discourse.

Bernie Sanders, similarly, talks about Medicare For All. Many candidates do. But Bernie has been the most vocal. He was talking about it also in 2016. This is also an idea I like. Obviously, three people are not going to win. There will eventually be only one winner.

But all three of these ideas must win.

And there is the Green New Deal. It is not a specific idea right now. It is more of a conversation. It is more the outlines of a paradigm. And the face associated with it is not even running, can't run. But it is the biggest idea of all. And it also must win. All four ideas must win.

The one who will win will win. But the campaign has to be conducted in such a respectful way that all the candidates together build a platform that includes these wonderful ideas.

Andrew Yang: Universal Basic Income, Elizabeth Warren: Wealth Tax https://t.co/vJ46VQwmpb @AOC @AndrewYang @SenWarren @BernieSanders

— Paramendra Kumar Bhagat (@paramendra) May 23, 2019