Interested in political liberty and regulated competition. Fellow at the Open Markets Institute
In 2012 I published a piece called The Housing Crash and the End of American Citizenship outlining the collapse of our social contract and predicting the rise of authoritarian trends and social disorder. None of this is unexpected.
The single most annoying moral grandstander in all of this mess is Donald Trump. That's what the MAGA right doesn't get. He's the President. The buck stops with him. Ranting about protesters and generally being a jerk isn't the job.
In 2014 when I was a House aide to Rep. Alan Grayson I worked on a bill to end the militarization of police. It went down badly, with a 355-62 vote. We were opposed by everyone.
What @ddayen examines is the shift in power when everyone's dependent on the state for income. He's deeply uncomfortable with an architecture that strips productive power from small business and workers while giving them temporary incomes.
If the Post Office had used 96% of its cash flow to buy back stock instead of deliver mail to rural areas it would have been bailed out by the Fed in March.
Just spoke with ER doc who say he's seeing cases he's 99% sure are #coronavirus . Negative for flu, recent travel, work in airports. Not allowed to test. Patients return to work because they can't take time off w/out a firm diagnosis. Other ER docs seeing the same thing.
It's so much easier for an airline exec to apply for $32 billion in bailout money than for a random poor person to apply for food stamps. (ht @amandalfischer )