1. Ok, let's talk about a different strategy for Biden and Dems, going all the way back to inauguration. Instead of seeing the election as a mandate to expand the safety with weird badly designed programs, what would a good agenda have been? Deal with Covid. What does that mean?
2. First, recognize it is an endemic disease, not a never-ending moral war no one actually believes in. Expand treatment so we can handle increased illness. How? Go after cheating in hospitals and health care. Here are dozens of GOP bills to do that. republicans-oversight.house.gov/report/comer-r…
3. The amount of waste and cheating in health care is insane - I mean nursing homes are run by near-mobsters. We're talking trillions. Highlight it. Investigate it. Attack it. Use CMS to block private equity from running hospitals, treatment centers, nursing homes, etc.
4. Then make sure that there are free at home tests. Fire this mustachioed weirdo at the FDA blocking new tests from coming into the market and use the billions appropriated to create smart competition for free tests, like Trump did with the vaccines. mattstoller.substack.com/p/the-mustache…
5. Do your best to mandate vaccines, but other than that remove all restrictions from the economy for Covid. Declare victory. Attack any bureaucracy restricting people unreasonably. Tell Fauci he's not allowed to talk to the media anymore.
6. Meet with militant workers and hold hearings on the labor unrest happening now, and its relationship with private equity and Wall Street. Build a case to reform labor, antitrust, and franchising law to match what people who work need.
7. There's a lot more. Actually investigate inflation and supply chain problems, instead of handwaving at it by pointing to the blog posts of partisan macro-economists telling you to ignore it. But that's the gist.
Investigate and fix problems around which there's consensus.
9. Doing what I've recommended would cause massive screeching among key parts of the Dem elites, because the Covid political emergency gives them meaning. Biden won't do that, because he's managing a coalition. But that's what he should have done.
10. Most of the things that would help - free tests, masks, better ventilation - aren't restrictions. In fact if public health bureaus couldn't order people around they'd have to find ways to actually implement better public health measures.
There's an enterprising career waiting for a business historian willing to debunk Hovenkamp's problematic historical work. He's just wrong that 19th century anti-monopoly policy was merely about gov't privilege. Ultra vires suits were the keystone.
Hovenkamp is a deeply influential pro-monopoly advocate, a sort of Diet Bork who spread a more annoying and difficult to administer version of Chicago School philosophy throughout the courts.
Here's our piece on Hovenkamp's disastrous philosophy and legacy.
“Manchin has also told colleagues he believes that Americans would fraudulently use the proposed paid sick leave policy, specifically saying people would feign being sick and go on hunting trips.”
The idea that venture capital tycoons who are deeply wired into D.C. are leading a revolution against the establishment is so tired and annoying. Just accept the responsibility for what it means to be powerful.
Hillary Clinton was offended when called her a member of the establishment, because saying you hate the establishment is a tried and true test of refusing to admit you have power and responsibility. @cdixon and the Andreessen crew share Hillary Clinton's politics.
There's a lot of good faith in the crypto world, but that there's no internal effort to get rid of the massive grifting going on by cynical financiers is a giant red flag.
1. One institutional problem of the Dems/left is what I'll call the Lollipop Problem. We've optimized our party to offer things people like, but we do so whether people prioritize those things or not. Let's do a thought experiment on Dems, using lollipops as a stand-in.
2. 10 years ago, some progressive economists at the Fed got data from candy makers showing candy makes people happy. Then progressives set up a coalition for lollipops, which poll well, and activists at the end of the Obama era began holding signs saying "Lollipops NOW!"
3. Then Trump won the Presidency. Stories in the New Yorker and the New York Times started to come out about how Trump corrupted and controlled the traditionally bipartisan US Candy Agency. "How dare he!?!?"
1. I wrote up the current odd state of antitrust politics, where DC's biggest lobbying group - the U.S. Chamber of Commerce - has declared open war against Lina Khan and the anti-monopoly movement. mattstoller.substack.com/p/big-business…
2. This is not hyperbole. “It feels to the business community that the FTC has gone to war against us, and we have to go to war back,” said Chamber President and CEO Suzanne Clark, in the Wall Street Journal. wsj.com/articles/ftc-k…
3. The Chamber will be suing the FTC at every step, filing Freedom of Information Act requests, and setting up a war room to tell horror stories about Khan and the government's attempt to address dominant firms. mattstoller.substack.com/p/big-business…