HispanicPundit + trumpadministration   56

Munk Debate: The Rise of Populism - YouTube
Frums argument: hateful and divisive. Bannon: Economics is what matters.
TrumpAdministration  Populism  Frum  bannon  debates 
6 weeks ago by HispanicPundit
Trump Has Made U.S. Policy Much More Resistant To Immigration — Without The Wall | FiveThirtyEight
But while understanding his reasoning is important, there’s little dispute about the effects of Trump’s policies. Wall or no, a lot has already happened, and more big changes could be on the way. The wall is a story. But the story is how Trump has already remade U.S. immigration policy.
Immigration  TrumpAdministration  FiveThirtyEight 
december 2018 by HispanicPundit
Trump Starts to Fix Clinton’s Catastrophic Crime Bill Mess | The American Conservative
“It rolls back some of the provisions of the Clinton crime law that disproportionately harmed the African-American community,” Trump said. “You all saw that, and you all know that—everybody in this room knows that,” he added, as black faith and law enforcement leaders standing behind him nodded in agreement.
Blacks  crime  prison  TrumpAdministration  AmericanConservative 
november 2018 by HispanicPundit
Bloggingheads.tv - The Wright Show - Mickey Kaus
Wright and Kaus on the election, Trump Administration, immigration, Russia Investigation etc.
Immigration  TrumpAdministration  wright  Kaus  bloggingheads 
november 2018 by HispanicPundit
Trump’s Latest Plan to Slash Drug Prices Has Real Teeth - Bloomberg
It would be an unprecedented use of government muscle to bring drug costs down in Part B, where pharmaceutical companies currently have nearly unfettered pricing power. It remains to be seen if it can distract from the GOP’s other health-care woes as U.S. midterm elections approach. But in contrast with other recent drug-pricing efforts, this one has pharma investors scared, and for good reason. 
medicare  pharmaceuticals  TrumpAdministration  bloomberg 
october 2018 by HispanicPundit
The White House Says Socialism Is a Threat. It’s Right. - Bloomberg
And though some critics have mocked the point, the idea that, all things considered, consolidated government control is cheaper than a market-based system does in fact come from socialist and communist thinkers. What’s more, implementing that view is likely to stymie innovation for the same reasons that socialism does more broadly. Arguably well-functioning mixed systems produce the greatest innovation, as illustrated by the connections between the military and Silicon Valley, or for that matter the National Institutes of Health. The health-care bills under consideration move much too far in the direction of government control.
healthcare  Socialism  TrumpAdministration  Cowen 
october 2018 by HispanicPundit
How the Trump Administration Is Remaking the Courts - The New York Times
To be sure, Ho’s was a dissenting opinion, but what so cheered members of the conservative legal movement is that it was likely the first of many, because Ho is only 45. And because there will be more and more judges like Ho on the federal bench, it’s only a matter of time before such opinions will no longer be dissents. Indeed, after just 18 months, Trump has “flipped” two circuits — the Sixth and Seventh — from what Trump’s supporters in the conservative legal movement consider “liberal” to more properly conservative. Two more — the Eighth and the 11th — are on the verge of tipping. Even circuits that are decidedly liberal are undergoing significant changes. “It’ll be really important for the Second and the Ninth Circuits to have between two and four really good, high-octane intellectual conservative jurists,” explains a person close to the judicial-nominations process, “because dissents provide a signaling function to the U.S. Supreme Court, and those are very important circuits.”
SupremeCourt  judges  NewYorkTimes  TrumpAdministration 
october 2018 by HispanicPundit
The Trump administration’s deregulation efforts are saving billions of dollars - The Washington Post
Since President Trump took office, farmers can more productively use their land. Small businesses can hire more workers and provide more affordable health care. Innovators are freer to pursue advances in autonomous vehicles, drones and commercial space exploration. Veterans enjoy expanded access to doctors through a telehealth program. And infrastructure can be improved more quickly with streamlined permitting requirements.
TrumpAdministration  regulations 
october 2018 by HispanicPundit
Media bid to blame Trump for US policy on illegals and children is dishonest
She seems unaware of a 1997 law showing that it is the law that minors are released in the U.S., while parents do not have the same rights under the law.  What's more, President Obama enacted more of the same policy in 2014.  Trump is absolutely right.  He and his administration are following the law.  It is obviously the parents' fault that they are separated from their children and not our government's fault.
Immigration  TrumpAdministration  AmericanThinker 
june 2018 by HispanicPundit
Why China Loves Trump - The Atlantic
In all these ways, China has positioned itself to be seen as stepping into America’s vacuum. Shen Dingli emphasized this point to me, saying that Trump’s hostility to multilateral institutions such as the WTO and nato has given China “a huge opportunity.”

With Trump in the White House, Xu Guoqi, a professor at the University of Hong Kong, told me, the Chinese are enjoying a “golden field for their propaganda.” At the same time, Trump’s election, and the wave of political disorder it has unleashed within and beyond the United States, has provided ample fodder for China to attack democracy and extol the one-party state. “American power is based on two legs, the hard power and soft power,” Xu explained. “In terms of soft power, Trump really undermined it substantially.”
China  TrumpAdministration  AtlanticMonthly 
february 2018 by HispanicPundit
Where the money is going - Marginal REVOLUTION
No, Trump and the Republicans never were going to “gut Medicare.” Overall, so many commentators on the left are fooled into thinking elected Republicans are far more ideological, and far less majoritarian and less sensitive to public opinion, than in fact they are.  Oddly, or perhaps not so, they are fooled in many of the ways that many of the Fox News viewers are fooled too.
TrumpAdministration  medicare  Cowen 
february 2018 by HispanicPundit
Trump's Solar Tariff Is Bad, But Not a Huge Deal - Bloomberg
In 2012 and 2014, the U.S. government under President Barack Obama hit the Chinese solar industry with tariffs even higher than the one just announced by Trump. The European Union recently followed suit.
solar  tariffs  TrumpAdministration 
january 2018 by HispanicPundit
Take a step back: Did Trump really even say the s-word?
The reality is that Trump probably used coarse language to make a valid point: why are we letting people with no skills and whose allegiance is to their tribe, not their country in when we're keeping people with skills and whose allegiance is to the rule of law out?
TrumpAdministration  Immigration 
january 2018 by HispanicPundit
Dow’s 1-year gain since Trump’s win is its biggest post-Election Day rise since 1945 - MarketWatch
On the one-year anniversary of Donald Trump’s win in the U.S. presidential race, the Dow Jones Industrial Average is showing its biggest post-Election Day gain in more than 70 years.

The Dow DJIA, +0.88%  has advanced 28.50% since Nov. 8, 2016. That represents its best performance after a White House contest since 1945, when the blue-chip gauge was up 29.83% in a year following the election of Franklin D. Roosevelt and his vice president Harry S. Truman. (FDR died early his fourth term, putting Truman in the Oval Office in April 1945.) The Dow made its debut in 1896.
TrumpAdministration  stocks 
january 2018 by HispanicPundit
Obama-era labor relations board decision that threatened franchises like McDonald's overruled
No doubt, franchise-owners have dodged a bullet with the repeal of this decision.  It would have destroyed the franchise model and put hundreds of companies running franchises out of business. 

With Trump as president, it's clear that the NLRB is no longer a wholly owned subsidiary of the AFL-CIO.
unions  ObamaFailures  TrumpAdministration  regulations  NLRB  AmericanThinker 
december 2017 by HispanicPundit
Obama tries to claim credit for Trump economic boom, finally gets smacked down
Investor's Business Daily did two fine editorials on what was really going on, how and why the economy was growing, here and here, and American Thinker noted one of these editorials here.  Cutting taxes, throwing out regulations, and ending the harassment of Obama-unfavored industries such as oil and coal have done wonders.
TrumpAdministration  AmericanThinker 
december 2017 by HispanicPundit
Don't Rush to Judge Trump - Bloomberg
It is surely a scandal, and not just in the political sense, when the former chairman of a presidential campaign is indicted for work related to a corrupt foreign government. At the same time, it's important to remember that Paul Manafort's indictment is not evidence that President Donald Trump or his campaign colluded with Russia to influence the 2016 election.
TrumpAdministration  Russia  bloomberg 
october 2017 by HispanicPundit
North Korea Is Playing a Longer Game Than the U.S. - Bloomberg
We Americans tend to think of Kim as an irritant to our plans, but his natural enemy in the long run is China. It is easier for North Korea to threaten Chinese cities with weapons, and its nuclear status stands in China’s way of becoming the dominant regional power in East Asia. Chinese public opinion has already turned against North Korea, and leaders wonder whether a more reliable, pro-Chinese option to Kim might be installed. Since assuming power, Kim has gone after the generals and family members with the strongest ties to China.
China  Korea  TrumpAdministration  bloomberg 
october 2017 by HispanicPundit
Hassett on Tax Cuts and Growth, David Henderson | EconLog | Library of Economics and Liberty
Perhaps the reason I hold these beliefs is that I started graduate school back in 1984, and was taking Alan Auerbach's public finance class when the 1986 Tax Act was enacted. At the time, I began working on how the 1986 reforms would affect business capital spending. The literature surprisingly found little effects of tax policy on the economy, often suggesting that tax and interest rate variables did not drive capital spending. But Alan and I noticed something funny in the data. Politicians tended to pass Investment Tax Credits in recessions, then let them expire when the recession was over. Thus it appeared that the economy partly drove tax policy, even if to [sic] tax policy also affects the economy. However, because recessions induced tax-cuts, any analysis of how tax cuts affected the economy would need to separate this out to not wrongly conclude that tax cuts caused recessions. When Alan and I discovered a way to overcome this problem, we found very large effects of tax policy on investment behavior. Since then, there has been a veritable scientific revolution of papers that use different methods to identify tax effects, and like our first study, they have found again, and again and again, that tax policy is a major driver of economic growth, if one does the science correctly.
tax-cuts  Laffer  TrumpAdministration  Henderson 
october 2017 by HispanicPundit
The DACA Fight and the End of Politics - The American Interest
This failure is particularly evident on the Democratic side. President Obama resisted DACA-like action for years, noting that he was “president of the United States, not emperor of the United States,” and that executive amnesty exceeded his constitutional authority. But Obama’s liberal base, which did not distinguish between its own views of what was right and the legal procedure that could bring it about, forced his hand. Because deporting unauthorized immigrants who arrived in the United States as children was immoral, and because morality and law are one and the same (to the pre-liberal mind), the administration was justified in unilaterally nullifying the law that provided for those deportations
DACA  constitution  presidency  ObamaFailures  TrumpAdministration  AmericanInterest 
september 2017 by HispanicPundit
Federal judge in Detroit to consider whether to halt deportation of Iraqis from across the country - LA Times
“The operation in this region was specifically conducted to address the very real public safety threat represented by the criminal aliens arrested,” she said in a statement. “The vast majority of those arrested in the Detroit metropolitan area have very serious felony convictions, multiple felony convictions in many cases.”
immigration  deportations  TrumpAdministration 
june 2017 by HispanicPundit
Trump’s Immigration Compromise - The American Interest
Of the two Obama orders in question, DAPA was always a more radical program. As CNN notes, DACA applies to just three-quarters of a million people while DAPA reaches six times as many–effectively granting amnesty to over a third of the U.S. illegal immigrant population, and possibly more. And while deferred action for “Dreamers” is broadly popular, President Obama’s order suspending immigration laws for millions of people who knowingly violated immigration laws as adults doesn’t have nearly as strong of a moral or political basis.
immigration  TrumpAdministration  AmericanInterest 
june 2017 by HispanicPundit
TheMoneyIllusion » One small step for deregulation
Outside of a $15 minimum wage, the fast-food industry’s big mortal fear when it comes to labor law is over classifying companies with franchise business models as “joint employers” along with their franchisees. Their fear increased substantially in 2016, following news that President Obama’s Labor Department had issued guidelines recommending precisely this classification. It’s probably no surprise, then, to learn that yesterday the new Labor Department came to those giant corporations’ rescue by deleting the Obama-era guidelines entirely.
TrumpAdministration  regulations  jobs  sumner 
june 2017 by HispanicPundit
Blog: Trump outdoing Obama on 'DREAMers,' continuing catch and release
I think, rhetoric aside, that Trump's immigration and border security policies are very much like Barack Obama's, and if Hillary Clinton had been elected president, we would have seen the exact same thing – more DREAMers, more Muslim refugees, and no border wall.

On this issue, President Trump is Hillary Clinton with a jacket and a tie.
immigration  TrumpAdministration 
june 2017 by HispanicPundit
Trump's Air Traffic Control Proposal Is Better for Safety, Cost, and Congestion - View from the Wing
This is how over 50 countries do it, with great success. NavCanada is more cost efficient than the FAA, and has seen costs falling (a 30% drop in inflation-adjusted cost) while the the FAA budget has grown by 95% between 1996 and 2015, and there has been no overall gain in ATC productivity (air traffic control costs have risen 71% since 1997).
TrumpAdministration  airports 
june 2017 by HispanicPundit
Dershowitz: Comey confirms that I'm right - and all the Democratic commentators are wrong | Fox News
Comey confirmed that under our Constitution, the president has the authority to direct the FBI to stop investigating any individual. I paraphrase, because the transcript is not yet available:  the president can, in theory, decide who to investigate, who to stop investigating, who to prosecute and who not to prosecute.  The president is the head of the unified executive branch of government, and the Justice Department and the FBI work under him and he may order them to do what he wishes.                     

As a matter of law, Comey is 100 percent correct.
TrumpAdministration  Dershowitz  lawyers 
june 2017 by HispanicPundit
Gates Said He Felt Pressured To Tell Obama He Would Be Loyal | The Daily Caller
But Obama Defense Secretary Robert Gates told CBS News anchor John Dickerson last month he had a discussion about loyalty with Obama at the beginning of his first term, the Ace of Spades blog notes.

“In the reporting about the F.B.I. director, there was a report that the president asked him for his loyalty. Help people understand the line between duty, loyalty, and personal conscience,” Dickerson said.
june 2017 by HispanicPundit
TheMoneyIllusion » Let’s focus on some good news—air traffic control privatization
1.  When in doubt, the presumption should always favor the private sector over the public sector.  There is a mountain of evidence that the private sector is usually more efficient.

2.  There may be cases where the public sector is more appropriate.  But even in those cases, an independent government-owned corporation may well be better than a government agency that Congress can easily order around.  I believe some of the European countries use that model.
capitalism  sumner  TrumpAdministration 
june 2017 by HispanicPundit
Good News: Trump Nominates New Set of Federal Judges, Including Three to Influential Circuit Courts - Guy Benson
Prominent conservative-libertarian law professor Jonathan Adler joins the chorus of approval: "President Trump continues to put forward superlative judicial nominees with sterling credentials and impressive intellects. It's especially notable that President Trump continues to pick current and former academics for the appellate bench, more so than any recent President. This will only magnify the impact his nominees are likely to have on the federal courts," he said.
TrumpAdministration  judges 
june 2017 by HispanicPundit
Nattering Nabobs of NAFTA - The New York Times
Trump states indeed. But I was more interested in the economic geography. What we see here mainly is the gravity equation: trade falls off with distance, with border and near-border states doing a lot of Mexico trade. The outliers are Michigan and to a lesser extent Indiana and Tennessee, which presumably reflects the especially close NAFTA integration of the auto industry.
NAFTA  TrumpAdministration  krugman 
may 2017 by HispanicPundit
Trump's Smart Outsourcing of Judicial Picks - Bloomberg
Trump hasn’t seemed very interested in picking elites in other policy-making circles. The judiciary is an exception, because it isn’t Trump doing the picking. Liberals can rightly fret about the influence of conservative judge-pickers. But the alternative isn’t no Trump judges. It’s the random-walk process that has gone into choosing executive branch officials.
TrumpAdministration  supremecourt  judges  bloomberg 
may 2017 by HispanicPundit
Trump is deporting more people than Obama, but just barely – VICE News
Mexico’s consul general in Los Angeles told the Guardian that arrests and deportations of Mexican nationals under Trump have been “much less than the average with President Obama.” The paper reported that 193 Mexicans have been arrested in Los Angeles county since Trump’s inauguration, with roughly 50 deported.
deportations  obamaadministration  TrumpAdministration  Vice 
april 2017 by HispanicPundit
Of Tweets And Trade - The New York Times
Now, reality: if you look for the obvious giveaways in NAFTA, which the US can demand be redressed, you won’t find them. NAFTA brought down most trade barriers between us and Mexico; there wasn’t any marked asymmetry. In fact, since Mexican tariffs were higher to start with, in effect Mexico made more concessions than we did (although we were giving access to a bigger market.) China is a bit more complicated — arguably the Chinese effectively evade some WTO rules. But even there it’s not obvious what you would demand from a new agreement.
NAFTA  krugman  TrumpAdministration 
march 2017 by HispanicPundit
Trump's Budget Asks the Right Questions for Conservatives - Bloomberg View
The first thing to note about this budget is that if you’ve taken entitlement reform off the table -- and Trump has displayed no interest whatsoever in grabbing onto the third rail of American politics -- then this is where any major budget changes are going to occur: in the roughly one-third of federal spending that is discretionary, which is to say, allocated annually by budget appropriation, rather than distributed automatically to anyone who qualifies for the program.
TrumpAdministration  budget  deficits  spending  mcardle 
march 2017 by HispanicPundit
A veteran GOP strategist explains why conservative elites put up with Trump's lies and corruption - Vox
Trump is delivering, fundamentally, what the business community wants: a light regulatory touch, a business-friendly Supreme Court, and progress toward a big tax cut. Gun rights enthusiasts, abortion opponents, and other key Republican-aligned interest groups can say the same. Some of Trump’s antics may be counterproductive to their goals, others may be helpful — putting a populist gloss on a fundamentally business-oriented agenda — but it’s always the case that Trump in power is better than the alternative.
TrumpAdministration  yglesias  conservatives 
march 2017 by HispanicPundit
Betsy DeVos v. the Education Monopolists | City Journal
The viciousness toward DeVos is animated by several things: she is rich, a Christian, a Republican, and, worst of all, a school-choice supporter. As chairman of the American Federation of Children, she has devoted much of her adult life trying to provide children with the best possible education, whether via a private school, home school, charter, or traditional public school. This drives the public-school monopolists crazy, as it hints at an alternative to the nineteenth-century, one-size-fits-all education model they control.
DeVos  TrumpAdministration  city-journal  vouchers 
march 2017 by HispanicPundit
The election of Trump and the stock market: further and more specific results - Marginal REVOLUTION
The election of Donald J. Trump as the 45th President of the United States of America on 11/8/2016 came as a surprise. Markets responded swiftly and decisively. This note investigates both the initial stock market reaction to the election, and the longer-term reaction through the end of 2016. We find that the individual stock price reactions to the election – that is, the market’s vote – reflect investor expectations on economic growth, taxes, and trade policy. Heavy industry and banking were relative winners, whereas healthcare, medical equipment, pharmaceuticals, textiles, and apparel were among the relative losers. High-beta stocks and companies with a hitherto high tax burden benefited from the election. Although internationally-oriented companies may profit under some plans of the new administration, several other arguments suggest a more favorable climate for domestically-oriented companies. Investors have found the domestic-favoring arguments to be stronger. While investors incorporated the expected consequences of the election for US growth and tax policy into prices relatively quickly, it took them more time to digest the consequences of shifts in trade policy on firms’ prospects.
TrumpAdministration  stocks  NBER  cowen 
march 2017 by HispanicPundit
Trump's Plan to Bring Back Manufacturing Isn't Crazy - Bloomberg View
To see what a U.S. manufacturing export boom would look like, we need only consider Germany. Germany is a rich, productive country with a very large trade surplus. It's succeeding at doing exactly the kind of thing Navarro wants. But the percentage of German workers employed in the manufacturing sector has gone down and down, just as it has in the U.S.
trade-deficits  germany  TrumpAdministration  China  wages 
march 2017 by HispanicPundit
NYT: Don’t worry, immigrants aren’t causing the Swedish crime wave, it’s their sons & grandsons! - The Unz Review
There is a huge debate in Sweden about immigration and crime. And we know from earlier statistics that the foreign-born commit three times as many crimes on average as native-borns. But these riots and crimes in the suburbs, they are related mostly to drugs and gangs. Those people are born and raised in Sweden. It has nothing to do with the recent immigration. It’s the children of migrants and maybe people that came when they were young.
Sweden  immigration  TrumpAdministration  sailer 
march 2017 by HispanicPundit
On the Trump administrations focus on crime in the inner cities and the degrading viewpoint that the Coates and Cornell Wests of the world put out.
Race  chicanoism  TrumpAdministration  coates  mcwhorter  loury  bloggingheads 
february 2017 by HispanicPundit
The Odds of Being Killed by an Immigrant | Scott Adams' Blog
- I’m not allowed to say that my real fear is that if Islam gets a large enough foothold in the United States we will be transitioning from a situation of assimilation to one of eventual conquest because Islam doesn’t like to play second fiddle.
immigration  muslims  TrumpAdministration  Dilbert 
february 2017 by HispanicPundit
Who wants more coal company pollution in water streams? - Marginal REVOLUTION
The claimed annual benefit from the changes, from the side of coal demand (not the only effects), is $78 million, fairly small potatoes.  Note the study doesn’t consider what are commonly the most significant costs of regulation, namely distracting the attention of managers and turning companies into legal and regulatory cultures rather than entrepreneurial cultures.  The study does mention uncertainty costs from regulation, although I could not find any quantification of them.
TrumpAdministration  coal  cowen 
february 2017 by HispanicPundit
Trump’s Statement on Settlements Doesn’t Mean What You Think - The American Interest
But we wouldn’t be surprised if the White House’s about-face was calculated to give Netanyahu some breathing room until he and Trump have a chance to sit down in Washington next month.
israel-palestine  Israel  TrumpAdministration  AmericanInterest 
february 2017 by HispanicPundit
How Donald Trump can succeed without really trying - Vox
Trump took an Obama-era paradigm that elevated app programmers, racial justice advocates, immigrants, and “the future” and subverted it in favor of one that celebrates working with your hands, living in your hometown, and “the good old days.”
TrumpAdministration  campaign2016  yglesias 
january 2017 by HispanicPundit
Keystone XL and DAPL Are Back - The American Interest
We’ve long thought the debates over both pipelines were pretty silly, particularly the arguments about safety and CO2 emissions. Pipelines are much less prone to spills than shipment by rail and truck, which are the alternatives. Meanwhile, the argument that the pipelines increase CO2 emissions ignore that the oil will be pumped regardless of whether it gets shipped by pipeline to the U.S. or by some other method or to some other destination. The Alberta oil sands that will feed the Keystone XL pipeline are simply too lucrative to remain untapped, particularly in such an energy-hungry world. This isn’t just our position; it’s what the State Department itself said in several reviews.
pipelines  AmericanInterest  TrumpAdministration 
january 2017 by HispanicPundit
Trump on Obamacare, David Henderson | EconLog | Library of Economics and Liberty
As I've written on Econlog before, there are two key provisions of health-insurance regulation that destroy health insurance as health insurance: the combination of guarantee issue and community rating. Either one of them on its own does not destroy insurance. Together they do, by taking the insurance out of insurance. With guaranteed issue alone, the part of Obamacare that Trump says he wants to keep, health insurance could still function as insurance. Insurers could say, "Sure, we'll insure you even though you have cancer. That will be $50,000 a year." That is what would happen if he didn't keep community rating. With community rating--that is, people being charged the same regardless of risk--insurance could still be insurance. Insurers could charge everyone the same but simply deny coverage to those who are too high-risk.
obamacare  TrumpAdministration  henderson 
january 2017 by HispanicPundit
Making American Great Again-The FDA - Marginal REVOLUTION
There is plenty of evidence that the FDA is too slow (see, for example, here, here, here and here) so I would support such a move. Senators Cruz and Lee proposed a reciprocity bill last term under which drugs approved in other developed countries would quickly be approved here; perhaps such a bill could find renewed interest in a Trump administration (Economists also support the idea of reciprocity.)
FDA  TrumpAdministration  tabarrok 
january 2017 by HispanicPundit
Republicans Should Save These 3 Unpopular Parts of Obamacare - Bloomberg View
A lot of people will have different answers to this, of course, but to my mind the most important and unobjectionable bits of Obamacare are payment reform, comparative-effectiveness research and the tax on gold-plated health-care plans.
obamacare  mcardle  TrumpAdministration 
january 2017 by HispanicPundit
Who’s Afraid of Betsy DeVos? - WSJ
Even if they can’t defeat Mrs. DeVos’s nomination, unions hope to leave her so politically weakened that she won’t be able to implement her agenda. The character assassinations—e.g., that she supports anti-gay groups—are primarily intended to turn the bureaucracy and public against her.
Vouchers  DeVos  TrumpAdministration 
january 2017 by HispanicPundit

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