Larry Kotlikoff is probably the smartest, the most honest and the most thoughtful person ever to run for President of the United States. His platform is well worth a read. The latter part is crammed with carefully considered policy proposals. I’d be very happy to see his tax and health care reforms adopted wholesale. I might vote for him.

That said, I’m annoyed by some of the rhetoric in the early part of the platform document, and I’ve attached some of my quibbles below. (These quibbles stop, arbitrarily, at the end of Kotlikoff’s chapter 4, which is not meant to imply that I have no further quibbles.) In a few cases, I’ve expressed these quibbles harshly. Let me, then, make this perfectly clear up front: I am sure that Kotlikoff has thought about some of this stuff harder than I have. Nevertheless, here’s some of what bugs me:

Continue reading ‘Quibbling with Kotlikoff’

Trump did very well, in the sense that if you hadn’t already known it, you might not have guessed he was a madman. But nothing could be more infuriating than to hear him pitch himself as the candidate of change.

For many decades, the federal government has become bigger and more intrusive. Hilary Clinton wants it to be even bigger and even more intrusive. So does Donald Trump. In this they do not differ. She more or less admits it; he flat out lies.

So let’s remind ourselves that Trump wants a government that is more dictatorial regarding who you can trade with, where you can locate your business, the wage contracts you can negotiate, and who you can invite into your living room. He has no problem with entitlement growth, and when asked what he would cut, has consistently answered “waste, fraud and abuse”, suggesting that he has no problem with any of the big ticket items — no problem with a federal government that maintains Departments of Commerce, Labor, Agriculture, Education, Energy, Transporation, and all the rest of it. Given ample opportunities, he’s never even been able to muster a word of opposition to the Corporation for Public Broadcasting or the National Endowment for the Humanities.

Continue reading ‘The Last Debate’

They were both so dreadful in so many ways that I don’t have the heart to review it all.

But just because it came near the very end, this is what sticks in my mind.

I am paraphrasing from memory here, but I believe that Mrs. Clinton “accused” Mr. Trump of having said that:

1. Pregnancy is inconvenient to employers.
2. When a female employee is less productive than a male employee, it is reasonable for that female employee to be paid less.

Quite independent of the question of whether Mr. Trump did or did not say these things, in what sense are these accusations? Specifically:

1. Does Mrs. Clinton actually not understand that pregnancy is frequently inconvenient for employers? If not, she is so thoroughly out of touch with the realities of running a business that this alone would be a good reason not to vote for her.
2. Does Mrs. Clinton actually not understand that it’s a good thing for more effective employees to be paid more than less effective employees — not least because this sends a signal to those less effective employees that they might be more socially useful doing something different? If so, she is so thoroughly out of touch with how markets work (and should work), and so thoroughly oblivious to the importance of efficient resource allocation, that it should be almost unthinkable to vote for her.

She hasn’t asked me, but I know who Hilary Clinton should choose as a running mate.

She should choose Jeb Bush. Then she should immediately issue this statement:

Continue reading ‘The Dream Ticket’

Heard only a little of the undercard, but I do have some comments on it. But I’ll add those later.

Re the main debate (I’ll add to this every twenty minutes or so till the debate is over): (Note this is live-blogging, hence not always carefully thought through).

Continue reading ‘Debate Blog’

This thread is your opportunity to post comments on the second (9PM eastern time) Repbulican candidates’ debate, in real time as the debate occurs. I might or might not find the stomach to participate.

Keep in mind the guidelines I posted yesterday:

I will have zero tolerance for comments that contribute nothing to the enterprise. In other words, anything of the form “Ha ha! I knew so-and-so was an idiot” will be deleted as soon as they appear. Ideally, all comments will contain food for thought. Bonus points for pointing out subtle self-contradictions. If you insist on posting pure insults, they should at least be hilarious.

Now have at it.

I might regret this, but…..

Thursday evening (August 6) there will be two debates among the Republican candidates for president, the first beginning at 5PM eastern time and the second at 9PM eastern time.

Shortly before each debate, I plan to open a thread and invite readers to post comments in real time as the debates progress. Each thread will appear on this site ten minutes before the debate’s starting time.

I will have zero tolerance for comments that contribute nothing to the enterprise. In other words, anything of the form “Ha ha! I knew so-and-so was an idiot” will be deleted as soon as it appears. Ideally, all comments will contain food for thought. Bonus points for pointing out subtle self-contradictions. If you insist on posting pure insults, they should at least be hilarious.

I might or might not join the fray myself.

The first post will appear slightly before 5 and the second shortly before 9. I am heading out now to stock up on junk food.