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The Atlantic proclaim, respectively, âThe eccentric-entrepreneur-turned-failed-presidential-candidate is campaigning on a promise to make the city fun again. It might workâ and âHis proposals are radical. Heâs obsessed with robots. Heâs never even worked in government. And next year he might be running New York.â A lot of coverage of Yang paints him as an affable nerd who is quirky, a self-described math obsessive, and a cheerleader for New Yorkâs post-COVID recovery. Some of the upbeat, apolitical selling points for Yangâs campaign are that heâs youthful and an agent of change â a term that is rarely defined but often implied to mean progressive. As ....
Dilip Vishwanat/Getty Images; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Joe Biden plans to pay for his climate, infrastructure and jobs bill with higher taxes instead of deficit spending Democratic politicians have been scared off from ambitious deficit spending to avoid spiking interest rates imposed by so-called bond vigilantes. But investors demand safe assets like federal debt, so rates are extremely low, and the Federal Reserve can keep them low. Alex Yablon is a Brooklyn-based journalist and Contributing Opinion Writer. This is an opinion column. The thoughts expressed are those of the author. ....
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Leftism Is A Luxury Good And Its Awful Price Will One Day Be Due January 13, 2021 As the year dawns, the two biggest financial proposals from Democrats are eliminating college loans and repealing the limit on the federal income tax deduction for state and local taxes. If this seems at odds with the traditional leftist rhetoric about helping the poor, that’s because it is. Twenty-first-century progressivism is a witch’s brew of payouts and tax cuts for the upper-middle class, mixed with bizarre social theories from name-brand universities. The Democratic Party has ignored the farmers, factory workers, miners, and other laborers who once numbered among its most stalwart supporters. ....