Friday, June 28, 2019

The Trump Base

The 2016 election saw a large swathe of working-class whites gravitate to Donald Trump. These people used to be reliable Democrats. And it is hard to argue the only source of support has been racism. There are serious economic anxieties.

The 2016 mandate was that the US was tired of playing the world's policeman. For one, it is too expensive. The US spends something like 700 billion dollars every year on defense. For a fraction of that amount, it could solve the housing crisis, the education crisis, and the health crisis. It could make a serious dent in its infrastructure woes.

Trump questioned NATO. And people were aghast. But he was only responding to his mandate. Perhaps NATO is indeed a Cold War relic. Whether that is the case or not, a lot of Americans seem to think it is too expensive.

Globalization worked. Trade has worked. A lower-middle-class American today can go to her local Walmart and purchase stuff that Queen Victoria of England could only have dreamed of at the height of British power. There have been immense rises in productivity.

I wholeheartedly supported the idea of Trump holding summit level talks with the North Korean leader. I support the same between Trump and the Supreme Leader of Iran. Why not? Trying to reason things out in person is the basic democratic impulse. It is the most human thing to do.

Or, hey, how about video conferencing?

It is important to take Trump out of the picture and see that something happened in 2016. The US as a country is trying to readjust. The US feels like its defense treaty with Germany and Japan are no longer sustainable. They cost too much money. And perhaps they do. New arrangements have to be sought.

Maybe we are looking at a scenario where Japan gets an army again.

Peace on the peninsula would help. North Korea wants a peace treaty. That peace treaty would guarantee that the US will not invade North Korea. That North Korea wants such an assurance speaks to the paranoia of the regime. But that peace treaty is a small price to pay for peace. Normalized relations between the two Koreas would have cascading influences. We will very likely see a Germany repeat. And Japan will have many fewer security concerns.

The 2016 mandate has to be seen as a call for a new world order where the US plays a less central, a less expensive role. Some of the things Trump wants on trade can only be achieved if the dollar is no longer the global currency. Perhaps it is time for something like Libra, a currency resting on the Bitcoin technology that is pegged to a basket of the five major currencies of the world.

Trump spotted the well of anger in 2016. I don't think he has the solutions. The solutions he offers are misguided at best.

Take intellectual property law as an example. It makes no sense for the US Congress to pass intellectual property law and then impose that on the rest of the world. The US Congress is not the Congress for the whole world. A global parliament needs to shape something like that.

There are a lot of people who are happy someone is finally standing up to China. There are a lot of people who are very happy someone is finally standing up to the US. Both powers should take note.


Tuesday, June 18, 2019

Warren In The Lead

Right now if I had to bet who the Democratic nominee is going to be, I'd say that would be Elizabeth Warren. She is surging. She owns the wealth tax idea. Kamala and Pete are also doing remarkably well. There can be only one president at a time. But there's also Vice President, there's Secretary Of Urban Affairs. Andrew Yang similarly owns the Universal Basic Income idea. I'd love to see a two women ticket.

As for Trump, right now looks like every Dem can push him out, even Cory Booker, who is not even qualifying for the first debates (I think).

The beauty of so many people running is, if there is a healthy debate on ideas, they will all go on to shape the party platform.

President: Elizabeth Warren
Vice President: Kamala Harris
UN Ambassador: Tulsi Gabbard
Secretary of Urban Affairs: Pete Buttigieg
Secretary of Labor: Andrew Yang





2020: As Yet Unclear
The US Economy Is In Trouble
DC And Puerto Rico Statehood, And Still 50 States
Young And Progressive
Real Donald Jerry Seinfeld Trump?
Andrew Yang: The Only One With A Solution
A Bad Scenario For Trump
The Possible Outline Of A Deal Between Xi And Trump In June
Mueller Drops A Bomb
2020: The Year Of The Social Democrat
Andrew Yang: Universal Basic Income, Elizabeth Warren: Wealth Tax



Trump Set to Live-Tweet Democratic Debates Interacting in real time on Twitter would make Mr. Trump’s presence more tangible by directly inserting himself into the political conversation unfolding on stage. His posts could provide instant responses as well as insights into which attacks he feels most acutely.

DEMOCRATS CAN BOTH IMPEACH TRUMP AND WIN 2020 More Americans than not want to impeach Trump. That figure has only increased since the Mueller report was released and Special Counselor Mueller's subsequent statement. That suggests that the more evidence that comes out against Trump—which would happen during an investigation—the more popular impeachment becomes. ..... a higher proportion of Americans today support impeachment than when Congress began impeachment inquiries into Richard Nixon. That number steadily rose over the course of Nixon's public impeachment inquiry, until Nixon resigned to avoid an impeachment vote. ...... people of color overwhelmingly want to begin impeachment inquiries into Trump. ..... 59 percent of people of color agree with impeaching Trump while just 31 percent of white people do. ...... Democratic lawmakers increasingly rely on people of color to show up at the polls to remain in office, but following an unfortunately familiar pattern, then ignore the views of the very people responsible for voting them into office......... Avoiding a head-on confrontation didn't work for "Little Marco," and it's a bad strategy for Democrats. ..... In the same way that Medicare for All is a bold, principled position that Republicans actually like, supporting the constitution steadfastly is a principled position, though I'm not sure "bold." Just look at this Saturday's event in deep-Red Battle Creek, Michigan—a town represented by the only Republican in Congress on the record for impeachment...... Avoidance and delays aren't neutral; they send a very clear message. And that message is that the president is above the law and that the Democratic party is unprepared or unwilling to challenge that fact.

Elizabeth Warren, Bernie Sanders, and Two Paths for the American Left
Inside Donald Trump's Florida obsession

Monday, June 17, 2019

2020: As Yet Unclear

The picture for 2020 is hardly clear. But I for one am happy there are so many Democrats running for president. Let there be a fierce contest of ideas. Let the contestants refrain from personal attacks. Expect the president to be rattled that for now people are paying much less attention to him. Expect him to throw temper tantrums to shift attention away from the contesting Dems to himself. Expect him to make pointed personal attacks.

Elizabeth Warren is the only person in the Democratic field who might go toe to toe with Trump on attacks. When they go low, you go high, yes. But going silent is not going high. Not fighting is not going high. Warren will deliver fierce rebuttals when it is time.

There were entire stretches in the Fall of 2016 when Hillary was missing in action. For weeks she utterly refused to defend the Clinton Foundation to which she had attached her own name earlier that year. If you can't even defend something like the Clinton Foundation, what can you defend? Unless there is an evolution to a more enlightened political culture, the rules of the game are you fight back.

Nancy Pelosi is doing the Hillary thing right now. She is like, we need to investigate. What do you think Mueller was doing? He completed his work. He investigated.

Obama's contribution to Hillary's defeat in 2016 was that he refused to fight Mitch McConnell on the Supreme Court justice question. The Senate owes a presidential nominee for the Supreme Court a yes or no vote. So says the constitution. Obama refused to defend the US constitution.

Trump inviting any and all foreign governments to hand him dirt on his 2020 political opponents is the kind of behavior you enable when you don't bring him to book on his 2016 behavior. He likewise asked Russia if "you are listening" in 2016. It was not a hidden act. It was from the pulpit. Had he done so in a private meeting with the Russian ambassador, would that have been collusion? Russia responded. And Russia got duped. Russia thought Trump will end the US sanctions in February 2017. Just like there were people who thought Trump will build a wall on the Mexico border, Trump will bring back all the lost manufacturing jobs. Duped and duped.

If you believe a bullshitter, shame on you. Shame on the bullshitter maybe later, but first shame on you.



The many 2020 polls are telling a pretty clear story Sen. Bernie Sanders has plateaued, and Sen. Elizabeth Warren is surging ...... Biden’s and Sanders’s support have flagged, Warren is on the rise, with Buttigieg and Harris a cut above the rest of the field.......some erosion for Biden and Sanders, while others like Warren and Buttigieg are growing in voters’ estimation. ...... the polling for Trump continues to look bad. ....... he’s underwater in the key battleground states that were key to his victory last time. His approval rating is still low. His internal polling keeps leaking and keeps looking terrible. And while head-to-head polling is of limited value this early in the game, he appears to be losing to every Democratic candidate in a potential 2020 matchup.



Elizabeth Warren Is Completely Serious About income inequality. About corporate power. About corrupt politics. And about being America’s next president. ...... and canisters of tea. She drinks many cups a day ...... ..to propagate policy proposals that she has been thinking about for decades ....... We’ve moved the Overton window” — the range of ideas deemed to merit serious consideration — “on how we think about taxes. And I think, I think we’re about to move it on child care.”....... Her plan, announced in January, would raise $2.75 trillion in revenue over 10 years through a 2 percent tax on assets over $50 million and a higher rate for billionaires. Warren wants to use some of that money to pay for universal child care on a sliding scale....... (she tries to record six miles a day on her Fitbit), and sometimes she comes across as a little frenetic, like a darting bird. ........ For her entire career, Warren’s singular focus has been the growing fragility of America’s middle class. She made the unusual choice as a law professor to concentrate relentlessly on data, and the data that alarms her shows corporate profits creeping up over the last 40 years while employees’ share of the pie shrinks. ........... in the 1980s, politicians began reworking the rules for the market to the specifications of corporations that effectively owned the politicians. ....... the wealthiest top 0.1 percent of Americans now own nearly as much as the bottom 90 percent. ....... On the trail, she says “I have a plan for that” so often that it has turned into a T-shirt slogan. Warren has plans (about 20 so far, detailed and multipart) for making housing and child care affordable, forgiving college-loan debt, tackling the opioid crisis, protecting public lands, manufacturing green products, cracking down on lobbying in Washington and giving workers a voice in selecting corporate board members.

Her grand overarching ambition is to end America’s second Gilded Age.

.........“Teddy Roosevelt.” Warren admires Roosevelt for his efforts to break up the giant corporations of his day — Standard Oil and railroad holding companies — in the name of increasing competition. ......... trustbusting was helpful, not hostile, to the functioning of the market and the government. ....... if you get the structures right, then the markets start to work to produce value across the board, not just sucking it all up to the top.” ...... Far too often, Democrats have been unwilling to get out there and fight.” ........ and sharp criticism from the Cherokee Nation, who faulted her for confusing the issue of tribal membership with blood lines. ........ Sanders has been leading Warren in the polls, but his support remains flat, while her numbers have been rising, even besting his in a few polls in mid-June........ (Warren also favors ending the filibuster in the Senate.) Warren wants to prevent companies that offer an online marketplace and have annual revenue of $25 billion or more from owning other companies that sell products on that platform. In other words, Amazon could no longer sell shoes and diapers and promote them over everyone else’s shoes and diapers — giving a small business a fair chance to break in......... Income rose along with union membership, and 70 percent of the increase went to the bottom 90 percent. That shared prosperity built, in Warren’s telling, “the greatest middle class the world had ever known.”......Warren criticizes government as “a tool for the wealthy and well connected,” while asking voters to believe that she can remake it to help solve their problems ...... Workers often turn on other workers rather than their bosses and the shadowy forces behind them. ...... Oklahoma, the childhood home that shaped her and where her three brothers still live and her family’s roots are multigenerational. If you include Texas, where Warren lived in her early 20s and for most of her 30s, she spent three formative decades far from the Northeast....... In 1981, she added a bankruptcy class and discovered a question that she wanted to answer empirically: Why were personal bankruptcy rates rising even when the economy was on the upswing?......... At first, Warren accepted the assumption that people were causing their own financial ruin....... Warren, Westbrook and Sullivan found that 90 percent of consumer bankruptcies were due to a job loss, a medical problem or the breakup of a family through divorce or the death of a spouse.......The banks and lenders paid people to go to the hearings, wrote campaign checks and employed an army of lobbyists. People who went bankrupt often didn’t want to draw attention to themselves, and by definition, they had no money to fight back. ....... Warren wanted feminism to be wider in scope and centered on economic injustice. She urged students to take business-law classes....... Her main point was that a family’s additional income, when a second parent went to work, was eaten up by the cost of housing, and by child care, education and health insurance. ......

Warren is framing child care as a collective good, like public schools or roads and bridges.

....... Warren called out Timothy Geithner, Obama’s Treasury secretary, for focusing on bailing out banks rather than small businesses and homeowners. ....... Stewart leaned forward and told Warren she had made him feel better than he had in months. “I don’t know what it is that you just did right there, but for a second that was like financial chicken soup for me,” he said. ....... Warren was an unusual political phenomenon by then: a policy wonk who was also a force and a symbol. ......

“You built a factory out there?” Warren said, defending raising taxes on the wealthy. “Good for you. But I want to be clear: You moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did.”

........ among white voters, perceived racial or global threats explained their shift toward Trump better than financial concerns did. ...... the period from 1935 to 1980, she’s talking about a time of greater economic equality — but also a period when people of color were excluded from the benefits of government policies that buoyed the white middle class ....... the federal agency created during the New Deal drew red lines around mostly black neighborhoods on maps to deny mortgage loans to people who lived in them. ......Redlining contributed to the racial wealth gap, and that had consequences Warren saw in her bankruptcy studies — black families were more vulnerable to financial collapse. Their vulnerability was further heightened by subprime and predatory lending. ...... “Realize that into the 1960s in America, the federal government was subsidizing the purchase of homes for white families and discriminating against black families.” ...... she supported a “national full-blown conversation” about reparations for slavery and Jim Crow....... “Today in America — because of housing discrimination, because of employment discrimination — we live in a world where the average white family has $100 and the average black family has about $5.” ...... She talked about women expressing to her their distress about sexual harassment and assault. “Well, yeah,” Warren said. “No kidding that a woman might be angry about that. Women have a right to be angry about being treated badly.” ....... by waging trade wars that hurt farm states and manufacturing regions more than the rest of the country, Trump has punished his base economically ..... “She’s lecturing,” he said. “There’s a lot of resistance, because people feel like she’s talking down to them.” ......... a double bind for professional women: To command respect, they have to prove that they’re experts, but once they do, they’re often seen as less likable. ....... the two candidates who defeated Berlusconi treated him as “an ordinary opponent,” focusing on policy issues rather than his character. ....... He now thinks that Warren is positioned to mount that kind of challenge. “I think so,” he said, “if she does not fall for his provocations.” ........