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Dem Establishment, 2011: Of course Obama must offer to trade Social Security, Medicare & agree to a sequester--the GOP controls the House and 47 Senate seats!

Dem Establishment, 2020: Pelosi has no real leverage, the Dems only have the House & 47 Senate seats!
cc: @ezraklein
I know "game theory" is a meme, but... rewarding hostage taking every time and bragging how responsible you are...

Game theory >> Self-congratulatory excuses justifying losing every negotiation

through lens of both politics and public policy.
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More from @jeffhauser see all

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Jeff Hauser
@jeffhauser
2 appalling aspects of discourse:

1. Deaths statistic is being treated as factual even when we know it's a WILD undercount. This is deeply irresponsible. EVERY sentence referencing the stats MUST include the fact it is SERIOUSLY too low.

2. MANY "models" project only 1 wave. Image
SOME LINKS (but there are many out there):

nytimes.com/2020/04/10/nyr…
nytimes.com/2020/04/05/us/…

I *strongly* suspect red state/rural counts are WAY off, given inadequacy of testing & political incentives.
Why does this matter? By underplaying the human cost of our irresponsibly delayed social distancing, "stats based" people are facilitating a premature return to normalcy.

Statistics *seem objective,* and so limitations must be highlighted.
Read 26 tweets
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Jeff Hauser
@jeffhauser
.@RichardAEpstein spoke at NYU Law when I was a student there (circa spring 2000). I challenged him about whether his preference for state rather than federal responsibility was due to "race to the bottom"/"collective action difficulties states faced regulating corporations. 1/3
He acknowledged... yes. Which, of course, udnercut all of his ostensibly neutral arguments in favor of decentralizing authority in a Constitution that was literally written by Founders seeking to EXPAND federal power over states, a trend accelerated during Reconstruction & since.
Libertarian versions of "law and economics" have either been disavowed (see, e.g., late era Richard Posner) or revealed to be nothing much more than elitism with a smily face for Ayn Rand loving narcissists.

Stop treating these people as serious! (3/3)
Read 3 tweets
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Jeff Hauser
@jeffhauser
Questions I have about Bloomberg's financial disclosures, which he will hide from the public until after most delegates have been allocated: apnews.com/430ff49ba38506…

1. How many of your investments vulnerable to the Chinese government? e.g., theintercept.com/2020/02/18/mik…
(1/x)
2. How recently was bloomberg long natural gas (directly or indirectly), and did that time frame intersect with his (otherwise wholly meritorious) anti-coal contributions? (2/x)
3. How many of Bloomberg's investments have a stake in who is the next Comptroller of the Currency?

4. How many of Bloomberg's investments have a stake in who is the next Chairperson of the Commodity Futures Trading Commission (CFTC)? (3/x)
Read 7 tweets

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