“Gail: The most working-class part of Trump’s bio was the time his father made him go around and collect the rent.
Bret: I don’t expect the Biden team to listen to my advice, and I’m not even sure I’d endorse every bit of this in a fantasy Stephens presidency. But the chief parts of the MAMA agenda (“Make America Make Again,”) would include an unprecedented infrastructure plan, worth at least a couple of trillion dollars. A “Made Here”-approach to the supply chain through some combination of insourcing requirements and tax breaks.
Gail: So far we are in accord.
Bret: Steady levels of defense spending, not only to deter foreign adventurism and keep our troops in uniform, but to maintain an important part of our industrial base.
Gail: Never bought into the idea that the best way to help our economy was by juicing up the international arms race.
Bret: A Recovery Authority that makes it quick and simple for businesses to get access to capital, restructure their debts and cut through red tape that is often time-consuming, complex and expensive, especially for small businesses. A National Service option to give younger people locked out of the job market a way to keep busy, make a basic income and contribute to society. Comprehensive immigration reform to give undocumented people a path to citizenship and bring them into the regular economy.
Gail: Looking forward to those things happening so we can argue about the details. But in general I’m with you.
Bret: I know you’re going to say “public option” for health insurance. In normal times I would never endorse it. But if we end up with Depression-era levels of unemployment, even I may warm to some version of the idea.”