Clipped Wings: Trump Tax Cuts Slow New Income to Main Street

The Trump tax cut had two primary purposes: 1) political: to make Trump seem like he is “pro-business”, and 2) economic: to give free help to already overvalued stock portfolios, to delay the collapse of the current bubble. The single most salient fact about the Trump tax cut was largely ignored by those who passed … Continue reading Clipped Wings: Trump Tax Cuts Slow New Income to Main Street

Future of American Infrastructure Hinges on Paris Agreement

There is only one part of President Trump’s agenda with real opportunity for a big win, right now, and that is infrastructure. And the Paris Agreement—the strongest ever signal pointing toward transformational infrastructure investment—is the only way to mobilize the capital necessary to get to that big win. The common misunderstanding about the Paris accord … Continue reading Future of American Infrastructure Hinges on Paris Agreement

The Presidential Ask

The 2016 US Presidential election is once again being framed as a brutal contest of wills between two disparate ideological camps: the activist government liberal and the skeptical libertarian conservative. Neither party is actually offering anything like that kind of decisive metaphysical clarity. On both sides, there are deep divisions over how to put ideas into practice and which ideas express the “pure” sense of principled public service.

The world is more connected than ever, and this means all issues of public controversy are now more complex than ever. Every choice, whether in the realm of action or in the realm of ideas, has ramifications. Interconnectedness and complexity mean those ramifications are less and less likely to flow directly from the ideological core of a given way of acting, thinking or talking. Continue reading “The Presidential Ask”