Voters need to know much more about Kamala Harris’s economic policies. What would she do on spending, taxes, deficits, regulation and trade? What are her views on monetary policy, and would she back the Federal Reserve if it again had to wring inflation out of the economy?
These issues deserve more than banal generalities, a few poll-tested specifics, and Democrat nostrums about greedy corporations and the rich not paying their “fair share” of taxes. (In fact, America has the most progressive tax system in the Organization for Economic Cooperation and Development.)
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Ms. Harris co-sponsored the economically, scientifically and numerically illiterate Green New Deal, ostensibly designed to deal with climate risks, real and imagined. For one, it proposes retrofitting all existing buildings to full energy efficiency in 12 years, which would require completing an impossible 33,000 buildings a day. It would guarantee lots more government handouts, even some outright public ownership, of Green New Deal projects through financing such as public banks or community grants.
Harris aides now say she no longer supports a total fracking ban and supports less-costly additions to government health and climate regulation. Voters will have to discern her sincerity and willingness to buck the radical wing of her party—something Mr. Biden has seldom done as president.
Also wary of Harris’s economic proposals is Hans Bader.
The ever-wise Arnold Kling reflects on Jonathan Rauch’s reflections on liberalism.
Mary Anastasia O’Grady warns that Mexico is now flirting with dictatorship. A slice:
Mexico’s diversified manufacturing economy makes it very different from Venezuela. But it isn’t impervious to a power grab. Mr. López Obrador already has given the army brass key roles in operations and customs at ports and airports and in infrastructure projects, inviting corruption. He also granted the armed forces federal policing responsibility, effectively militarizing law enforcement.
Among the most pernicious of the president’s 20 proposed constitutional amendments is the overhaul of the judiciary. It would remove all 7,293 sitting jurists in the country: 11 Supreme Court justices and all circuit court, federal district and state judges.
The circus known as the Democratic National Convention rolls past the Michael Jordan statue and into Chicago’s United Center on Monday. The Windy City will be filled with enough hot air to change the climate. Conventions long ago stopped being about selecting a presidential candidate, especially this year. Instead, they are finely scripted, slick Hollywood-style productions of preening, posturing, peacocking, pomposity and propaganda. More coronation than deliberation. Hence, boring as all get out. You might as well watch reruns of “The Golden Girls.”
David Henderson offers evidence that competition works even in health care.
