It is macro: recession, weak recovery, catastrophe, and then superweak recovery...

I concur with Noah Smith's judgment here. Elizabeth Warren's policy shop is highly professional, and that she already has such a highly professional policy shop is a strong recon to think she would make a good president: Noah Smith: Elizabeth Warren Channels the Real New Deal: "Just since the start of this year, Warren has released no fewer than 19 detailed economic policy proposals. This outpouring of ideas has been so dramatic that it has spawned Twitter hashtags such as #shehasaplan. Warren's ideas are neither the cautious, technocratic tweaks that tend to emerge from centrist think tanks, nor the bold but vague promises often issued by the socialist left. Nor are they merely a laundry list.... Instead, they represent a coherent, unified program for transforming the U.S. economy.... Ultimately no set of big, transformational ideas will be perfect. The New Deal certainly wasn't. But by thinking big, combining intelligence with ambition, and being willing to engage both the public and private sectors, Warren has set herself up to be the closest thing modern American politics has to a successor to FDR...


#noted

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