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Matthew Chapman
@fawfulfan
, 3 tweets, 1 min read Read on Twitter
Neither Iowa nor Ohio have ceased being battlegrounds.

This is an incredibly lazy take and it isn't supported by any polling data. Trump is underwater and trailing or tied with Democrats in both states.
OH has always leaned red at the presidential level, ever since the GOP has existed. There isn't polling data that suggests Trump's win in 2016 is a fundamental shift in the state beyond where it normally is.

As for IA, no state has had a harder approval swing against Trump.
Also, both states' performance in the midterms suggest Democrats are still competitive. Sherrod Brown won by more than he did in 2012. Abby Finkenauer and Cindy Axne both flipped Republican seats.

To claim these states are out of play is absurd.
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Matthew Chapman
@fawfulfan
This is a real microcosm of how old, rich conservatives live in a bubble and have no idea how the real world works.

Varney says this is bad because it would slow growth in retirement accounts. But far fewer people own retirement accounts than would be helped by these reforms.
And why is it that so few Americans can own retirement accounts?

Because they can't afford to save money. Due to low wages, loss of worker rights, decline of communities, environmental disasters — all the things Warren wants to redirect corporate profits to address!
Now, reasonable people can agree or disagree on the finer points of the Accountable Capitalism Act. It is pretty sweeping and vague in what it directs corporations to consider.

But at the very least, we should mandate employee codetermination and ban or tax stock buybacks.
Read 4 tweets
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Matthew Chapman
@fawfulfan
She's right. Economists have long known that when there are high externalities in a market, regulation can *increase* innovation. Because without the regulations, businesses are not facing the costs of their actions and thus have no incentive to reduce those costs.
Put it another way: regulations on a high-externality industry aren't increasing the cost of that industry — they're just shifting the existing costs from non-producers, who have no way of redressing those costs, to producers, who do.
Example: If there's no regulation on pollution, a factory can just dump it in a river and the cost will be paid by all the farmers downstream. If the government then limits river dumping, that factory will pay a similar cost to figure out how not to pollute. And create new tech.
Read 3 tweets
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Matthew Chapman
@fawfulfan
It's hard to know what exactly made Manchin decide to stay where he is and not run for #WVGov. But I'd guess part of it was he realized his state's politics have changed since he was last governor, and he'd be just as toothless and obstructed in that role as he is in the Senate.
WV's legislature has an unusual (and stupid) setup where the governor's veto can be overridden by simple majority, meaning if the opposing party controls the legislature, the governor's power is virtually nil.

Manchin would have lost every fight he picked with the legislature.
But it gets even worse than that! WV state law says Manchin could have appointed someone to his empty seat — presumably a Democrat. But there would have been nothing to stop the WV legislature from changing the law in the lame duck session and saying he must appoint a Republican.
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Facts Central
@StillDelvingH
Who funds the IEA, the TPA, the ASI &co?
You know, the RW 'free trade' thick tanks advocating tax havens, "freedom" (no regulations like workers' rights or environmental protection), no welfare (no tax & no free healthcare).
Basically, "Only the wealthier survive" philosophy?
1/n
*Could it be* that it has something to do with defending their funders' interests?
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3/n
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