"[W]e have a domestic politics that has become poisonously polarized by the cumulative impact of two decades of Dick Morris, Karl Rove-style politics and have lurched from one president whose every sentence was a carefully parsed legalism to one often in total denial about the reality he grapples with. We desperately need not some kind of new politics, but a return to reasoned politics, to leaders who, even when they disagree, can rationally explain how and why.
. . .
Obama is simply more capable, more trustworthy, more reasonable and less partisan than Clinton. That's all. He is not a messiah, for Pete's sake, and I'm tired of being told that those of us who support him are somehow irrational or emotional. Above all, he will not breathe new life into the very pathologies with which we have all been consumed for too long. She will. Some of this is her fault; some of it isn't. I see my own attempt to move forward constructively impeded by the emotions she and her husband have the power to evoke. But her partisanship and divisiveness are not in my mind alone. She knows what she's doing - and, in my view, we cannot afford her any more."
Tax salience and the new Trump tariffs - That is the topic of my latest Bloomberg column. Here is one excerpt: …tariffs distort consumer decisions more than sales taxes do. It may well be true ...
5 hours ago