Warning: If you are an ardent supporter of former President Trump who believes the election was stolen, do not read this. It will deeply upset you. Also, don’t read this if you only seek my views on economics and personal finance. Still here? Let me provide some quick background for what’s coming. I ran for President as an independent write-in candidate in 2016. This tells you three things. First, I’m neither a Red nor a Blue. Second, I thought neither Trump nor Clinton should be running the country. Third, I’m an unusual academic economist.
Ok, here's my last response. I never said, "... more competition into American industry coupled with historically higher tax rates produce greater incentives for wealth creation...." This is just gibberish. Read what I've written and you'll see what I really think/know, not your invention of my views. And, yes, Happy New Year.
I recommend you unsubscribe. I think reading my newsletter is causing you excessive stress and won't teach you anything because you so clearly know everything about everything.
You're talking with the person who has written the most on the long-term fiscal gap of our country. Check out kotlikoff.net, particularly The Coming Generational Storm and The Clash of Generations. But both parties are responsible for our country's horrendous fiscal insolvency.As for taxing the rich, I know lots of super-rich people. They don't pay taxes. They borrow against their wealth, never realize capital gains, and pass their assets to their kids with a step-up in basis. You are sure you know so much when you really don't. But you are clearly a smart, articulate, knowledgeable person. So I hope that you'll mellow out and start looking at the world with an open mind. Trump is not your God. You don't need to kneel to him, intellectually or otherwise. He's simply a traitor headed to jail. best, Larry
I guess we differ. Fortunately, you and others with you adoration for our would-be dictator are in the minority. Liz Cheney and Adam Kinzinger are true profiles in courage. Our country remains a democracy because of people like them and Senator McConnell. Someday you will be old enough to realize this.
Trump will be vindicated, just as he was with the TWO FARCICAL Impeachment attempts brought by the crazed DemocRAT party and RINOS like Liz Cheney, Kinzinger, et al.....a disgrace to their offices and one of the reasons they are now politically irrelevant. The term that applies is TDS for those who despise him so profoundly; a more productive activity, and perhaps psychologically cleansing of TDS, would be a keener interest in how a verifiably non compos mentis, doddering fool who can barely string 2 coherent sentences together sits in the WH, protected against incessant gaffes by the MSM, Biden staff and other sycophants....not to mention the blatant 5 decades-long grifting by the present administration and his family members. Then there are the abjectly idiotic policy decisions that have recently been signed into law.
The outrage that divides this country is palpable, and it's perpetrated on the easily propagandized, like Prof. Kotlifoff and his rabid fellow Leftists who use ad hominem attacks, name-calling and highly subjective accusatory statements directed at President Trump. I look forward to the moment that Kotlifoff & Co. will dine on CROW; he should keep his politics away from economic analysis so as to enhance his status and standing in the field of economics.
The late Milton Friedman, PhD Economics, is but one fine example of an untarnished legacy in his field.
Trump didn’t try to “overthrow” the election. That’s absolutely absurd and something a partisan hack would say. Challenging an election is done routinely.
Bravo, Larry. This is spot-on. I find it mind boggling that any thinking voter cannot see him as a Traitor. Like you, I have almost complete disagreement with everything Liz Cheney stands for politically, but I have developed enormous respect for what she has been doing standing up to his treason, even is she hasn't been calling it that.
Larry, you suffer from a powerful case of TDS. Sad to see such warped thinking coming from you. To be quite honest, you don’t know what you’re talking about. But I am sure Liz and Nancy thank you for your anonymous devotion. In the meantime, you will lose the respect of thousands.
The question is this, was former President Donald J Trump guilty of "Dereliction of Duty" by not acting to address an attack on the US Capitol. He clearly knew the attack was occurring in real-time but he failed to act. There's a reasonable amount of debate regarding Impeachment, the First amendment, Sedition, etc. However, as a sitting US President, one does not have the Privilege or the Right to choose which of the three branches of the US Government you will defend. All three are protected and sacred to our Democracy. With regard to "DoD" there is no debate, he is guilty by his failure to act on January 6th. To be fair to both sides of the political spectrum, President Biden should keep his oath in mind with regard to the judicial branch that he must also support and defend. Thank you for allowing me to post my thoughts.
Benedict Arnold did not have a 40% approval rating with American voters. The obsession with Trump personally undermines the fact that so many Americans have lost faith in this country and our political system.
Democrats don't fix that by obsessing on Trump and his corrupt actions. Democrats win these citizens by fighting more effectively on policies that Red and Blue Americans want. Policy like Medicare for All, $15 national min wage, Higher Taxes to the rich, Breaking up these monopolies are supported by the majority of Americans. And the last 3 Democrat President's in a row have not fought as hard for these policies as would be needed to convince Americans not to give up on this country. Trumps popularity assures us all that too many Americans have given up.
Hi Tom, Thanks for your comment. Keep them coming! Yours, Larry
Ok, here's my last response. I never said, "... more competition into American industry coupled with historically higher tax rates produce greater incentives for wealth creation...." This is just gibberish. Read what I've written and you'll see what I really think/know, not your invention of my views. And, yes, Happy New Year.
Chas,
I recommend you unsubscribe. I think reading my newsletter is causing you excessive stress and won't teach you anything because you so clearly know everything about everything.
best, Larry
Hi Chas,
You're talking with the person who has written the most on the long-term fiscal gap of our country. Check out kotlikoff.net, particularly The Coming Generational Storm and The Clash of Generations. But both parties are responsible for our country's horrendous fiscal insolvency.As for taxing the rich, I know lots of super-rich people. They don't pay taxes. They borrow against their wealth, never realize capital gains, and pass their assets to their kids with a step-up in basis. You are sure you know so much when you really don't. But you are clearly a smart, articulate, knowledgeable person. So I hope that you'll mellow out and start looking at the world with an open mind. Trump is not your God. You don't need to kneel to him, intellectually or otherwise. He's simply a traitor headed to jail. best, Larry
Hi Chas,
Happy New Year to you too.
I guess we differ. Fortunately, you and others with you adoration for our would-be dictator are in the minority. Liz Cheney and Adam Kinzinger are true profiles in courage. Our country remains a democracy because of people like them and Senator McConnell. Someday you will be old enough to realize this.
Yours, Larry
Trump will be vindicated, just as he was with the TWO FARCICAL Impeachment attempts brought by the crazed DemocRAT party and RINOS like Liz Cheney, Kinzinger, et al.....a disgrace to their offices and one of the reasons they are now politically irrelevant. The term that applies is TDS for those who despise him so profoundly; a more productive activity, and perhaps psychologically cleansing of TDS, would be a keener interest in how a verifiably non compos mentis, doddering fool who can barely string 2 coherent sentences together sits in the WH, protected against incessant gaffes by the MSM, Biden staff and other sycophants....not to mention the blatant 5 decades-long grifting by the present administration and his family members. Then there are the abjectly idiotic policy decisions that have recently been signed into law.
The outrage that divides this country is palpable, and it's perpetrated on the easily propagandized, like Prof. Kotlifoff and his rabid fellow Leftists who use ad hominem attacks, name-calling and highly subjective accusatory statements directed at President Trump. I look forward to the moment that Kotlifoff & Co. will dine on CROW; he should keep his politics away from economic analysis so as to enhance his status and standing in the field of economics.
The late Milton Friedman, PhD Economics, is but one fine example of an untarnished legacy in his field.
Trump didn’t try to “overthrow” the election. That’s absolutely absurd and something a partisan hack would say. Challenging an election is done routinely.
Bravo, Larry. This is spot-on. I find it mind boggling that any thinking voter cannot see him as a Traitor. Like you, I have almost complete disagreement with everything Liz Cheney stands for politically, but I have developed enormous respect for what she has been doing standing up to his treason, even is she hasn't been calling it that.
Larry, you suffer from a powerful case of TDS. Sad to see such warped thinking coming from you. To be quite honest, you don’t know what you’re talking about. But I am sure Liz and Nancy thank you for your anonymous devotion. In the meantime, you will lose the respect of thousands.
Great post Larry, and you have some perhaps surprising company here: https://robertreich.substack.com/p/liz-cheney-for-president?s=r
The question is this, was former President Donald J Trump guilty of "Dereliction of Duty" by not acting to address an attack on the US Capitol. He clearly knew the attack was occurring in real-time but he failed to act. There's a reasonable amount of debate regarding Impeachment, the First amendment, Sedition, etc. However, as a sitting US President, one does not have the Privilege or the Right to choose which of the three branches of the US Government you will defend. All three are protected and sacred to our Democracy. With regard to "DoD" there is no debate, he is guilty by his failure to act on January 6th. To be fair to both sides of the political spectrum, President Biden should keep his oath in mind with regard to the judicial branch that he must also support and defend. Thank you for allowing me to post my thoughts.
Benedict Arnold did not have a 40% approval rating with American voters. The obsession with Trump personally undermines the fact that so many Americans have lost faith in this country and our political system.
Democrats don't fix that by obsessing on Trump and his corrupt actions. Democrats win these citizens by fighting more effectively on policies that Red and Blue Americans want. Policy like Medicare for All, $15 national min wage, Higher Taxes to the rich, Breaking up these monopolies are supported by the majority of Americans. And the last 3 Democrat President's in a row have not fought as hard for these policies as would be needed to convince Americans not to give up on this country. Trumps popularity assures us all that too many Americans have given up.
T.D.S. is a symptom of drumpf’s supporter’s not his antagonists.