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This seems an awful lot of stuff to shut down.
And like...it's a little rich of China's foreign minister to accuse the U.S. of spreading fear about the virus outbreak, when China is in MASSIVE LOCKDOWN mode...

reuters.com/article/us-chi…
I mean, I agree that spreading fear is bad, but sorta seems like locking down tons of cities is the main thing spreading fear...
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Noah Smith 🐇
@Noahpinion
Bernie's instinct is to nationalize every industry. Before we accept these nationalizations, we should demand a predetermined exit strategy in case it goes wrong.
In the 70s, Sanders also called for nationalizing factories and banks.

cnn.com/2019/03/14/pol…
For the record, I think any industry Bernie manages to nationalize will be managed badly and politically, and Bernie supporters will ferociously accuse people of sabotaging the nationalization. Yes, including health care.
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Noah Smith 🐇
@Noahpinion
Note that a lot of the ways that FDR differs from Bernie Sanders were actually *mistakes* by FDR. The 1937 austerity, the weird stuff with trying to prop up monopoly profits with the NRA and create artificial shortages with the AAA. Bernie wouldn't have made those mistakes.
So when I say "Bernie isn't like FDR", this is not to dismiss Bernie. The 2020s are not the 1930s. The transformation we needed then was different than the transformation we need now. Maybe Bernie will bring the transformation we need now, maybe he won't. It's just not the same.
It's also important to remember that Bernie will come in to the presidency with a coherent plan for structural transformation, and a coherent ideology about the role of the state, while FDR made up both his plan and his ideology on the fly.
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Noah Smith 🐇
@Noahpinion
Bernie Sanders is not similar to FDR. FDR consistently recognized the importance of the private sector, and, for better or worse, based a lot of the New Deal programs (the NRA, the AAA, the NLRA) around private business.
Here's an article about FDR's attitude toward the roles of government and business. He wanted to align them instead of set them in competition with each other.

theatlantic.com/ideas/archive/…
FDR had austerian instincts (which sent the nation into a recession in 1937).

He also opposed public sector unions:

nytimes.com/roomfordebate/…
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IndoPacific_SCS_Info
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