Friday, August 26, 2016

Hypocracy of Policians

It is logical for someone to be for higher taxes and yet say that I will not anti-up and pay extra taxes until everyone does. They would say, I work within the current system.

It is also logical for someone to say I am for high tariffs to keep jobs in the USA but until they are enacted I will work within the current rules have my stuff manufactured in low wage countries, as my competition will.

On the other hand it is hypocritical for Hillary R Clinton, who supports higher taxes on her income group, but does not pay extra taxes, to attack Trump for selling ties manufactured outside the USA.

It is also hypocritical for Bernie Sanders to call drug companies immoral, which he does often, for raising drug prices when they are doing what they can in the existing system while he is doing what he can in the existing system, living it up buying vacation homes and not overpaying taxes.

Peter Singer is  consistent on this sort of thing our politicians are not.

Monday, August 1, 2016

Cowen on Trump

Tyler Cowen has a great post on Trump. He draws some parallels between FDR and Trump,

I have for a while seen Trump is sort of a throw back to FDR. Very UN-libertarians both.

I also believe that FDR, Trump, Bernie, The Greek Government and some other rising European parties show that bad Central Bank Monetary policy breeds bad politics and that very high government spending in good years, like we and Europe have make fiscal stimulus problematic (whether fiscal stimulus works or not, I am not sure).

Perhaps we would be better off with free banking.