Listen: Donald Trump, Megan Liz And Barack Obama discussed on Left, Right & Center
"Isn't nearly as regulated as it was say ten fifteen years ago. It's actually pretty easy to fire people there there. There are still some problems. It's definitely not the labor market Milton Friedman would design, but it's it's you know, there had been a bunch of meaning reforms basically every year for the best fifteen years. And so by now, the labor market is pretty flexible. The problem is the payroll taxes, which are insanely high. There is basically fifty percent for a median salary worker. And so if you have to pay fifty percent payroll taxes, you're obviously not going to hire many people in your special that going to hire the marginal worker and so. There's just a brake on growth on an unemployment and particularly employment of the young of the unskilled. Of those who are close to the age of retirement. That's that's probably the biggest the biggest dragon growth in the in the French economy. And you know, you can actually have lower taxes and more public services, you have growth, and you know, my sort of Tyler Cowen had on. I allowed a lot of the a lot of the problems in France and the west generally tend to bowl down to that. It's people have gotten used to a level of growth and also low taxation and generous government services, which the growth is no longer there to sustain. I wanna thank PASCAL Amanullah Gobert fellow at the ethics and public policy center. Thanks, pascal. Thank you. Let's talk a little bit about a parallel political conversation. I think we're having in the US Liz, you wrote a column this week for the Washington Post about better Rorick. And while you're you're not enthusiastic about better O'Rourke has as a leftist, you think his policy agenda is too unclear? I think sort of almost like Barack Obama's before two thousand eight people have this vague idea of Barack Obama's the progressive candidate of the left. But it was you know, people could. Reject their own ideas onto him what he stood for. And basically you want someone with like really clear leftist commitments as democratic candidate. So who who would that be like, what are you? What are you? What list of policies are you looking for in and who's out there with that? Yeah. I mean, so, you know, with Beto, I I'm not crazy about the fact that he's been sort of wishy washy unclear on Medicare for all he said L, I like the idea of single payer, but then on his campaign website. He says, well, I'm really just for universal healthcare coverage has the language with ObamaCare, for instance. So there's just a lot of unclarity around where he's really going with healthcare. And he he didn't he hasn't been supportive of either Bill in congress for Medicare for all. In fact, he's been critical any any hasn't sort of counter proposed his own thing. So, you know, it's not clear where he's going with that he has like a pretty good environmental record. He's been shy on sort of green new deal stuff, which very aggressive policy on rate, really cutting down on carbonated. And then know there have been. Complaints about how he engaged in El Paso in terms of real estate and land use. And and then there's the matter of a a new democrat voting record, right? Not a hard progressive voting record. I'm pretty far left. So you know, I wrote that by what he managed to you in taxes was amazing. I think there's a lot of grassroots organizing that went on that really inspired people in Texas who previously has not been brought into the political process. But yeah, I think that he he isn't Obama figure in that. He kind of appears to be all things to all people. If you wanna get a real progressive flavor, you can get that from some of the rhetoric if you wanna see center new damn they're certainly more than enough evidence for that. But most of all what you have is just like a charismatic tall thin guy. Megan Liz's pitcher, it's it's not the usual like, you know, well to win we need to be really pure like people don't want to vote for Republican light. It seems to me the pitches. More Republicans are weak right now. This is the time to stretch on policy. And ask for everything we want because we can probably beat Donald Trump asking for whatever we want. Yeah. I think that's what they thought in two thousand sixteen and look how well that went. Okay. But you have to you can't nominate a candidate who's gonna scare like eighty percent of the voters because then Trump can win. If you actually think that the most important thing is not having Trump be president. Then you have to pick someone that you think has the highest likelihood of winning because that outcome matters more than anything else. If you don't think that if you think that you would prefer Donald Trump that there's possibility you prefer Donald Trump to a centrist democrat, then it seems reasonable to know to nominate the most far left candidate you can get in the hopes that he or she can beat Donald Trump. And, but if you think that the Donald Trump second term is a huge downside. You should be waiting that pretty heavily in your choice of who you pick a presidential candidate other people may disagree with me. I sense that Liz dozen fact, but that is how I would if I were a democratic primary voter, which I'm not that is how I would be strategizing this problem. Liz is a couple of things I'm already I mean is so already this sort of you know, Democratic Party apparatus has begun. The you know, the only thing is beating truck. So we need the absolute most normal ordinary democrat that we can possibly conjure up and it's obnoxious to me the way they pretend as though the primaries are already over they're already talking about their guy versus Trump. We don't even get an opportunity to do democratic politics and actually try to pick amongst choices. Secondly, my husband always thought Trump would win. He that Trump would win as soon as he was in the primaries. And I thought he was nuts. Right. But his point was we're in a populist moment. It's a populist era populace they're going to do really. Well, I still think there's a lot of validity to that. And I think that giving populist Dem's a chance at least to run in the primaries and see how they do is is a good idea. So I mean, I don't want to give a bunny. I would I would just point out that you know, right now, what is making Democrats look good for twenty twenty s the suburbs. And if you give the suburbs at choice between ratcheting your taxes up to sixty percent in order to find massive new spending and Donald Trump, even though they revile everything. About his personality. They."