The Campaign Spot

The Other Form of Credit That’s Vital to the Economy

I particularly liked the closing line in this short note from Campaign Spot reader Steve:

So, is the President endorsing Fred Smith’s policy solutions of A) maximum expansion of domestic US energy production and B) electrifying ground transportation (i.e. Chevy Volts)? Or is he just endorsing B?
Or maybe, in his best professorial manner, he’s taking a deep draught of his pipe, and saying “You have some very creative ideas, Jim. I would like to read that paper.”
Like most politicians, the President seems to think that there is some magical energy policy solution. I guess that’s because a market based approach doesn’t allow politicians to take credit.

When Steve Jobs debuted the iPad, The Economist portrayed him as if he were a saint. Obviously, that’s tongue-in-cheek, but our culture does celebrate certain CEOs and entrepreneurs – Bill Gates, Sam Walton, Richard Branson, Jack Welch, Rupert Murdoch, Warren Buffett, Herb Kelleher, Lee Iacocca, Jeff Bezos, etc.  Not only does every politician look in the mirror and see a potential president, I suspect almost every politician looks in the mirror and sees someone who is smart enough to run a Fortune 500 company. This moment in Washington is the culmination of those frustrated egos getting unleashed, getting their chance to seize the wheel and steer the economy, showing that they know so much more than those guys who built those companies . . .

Most Popular

Culture

Road Trip

EDITOR’S NOTE: The following is Jonah Goldberg’s weekly “news”letter, the G-File. Subscribe here to get the G-File delivered to your inbox on Fridays. Dear Reader (Especially future contributors to my GoFundMe page), I am currently in the passenger seat of our family fun mobile, passing mile marker ... Read More
Politics & Policy

Answering my Critics

My post on Elizabeth Warren’s cynical/bonkers proposal to effectively nationalize every American firm with revenue of $1 billion or more has met with predictable criticism. I will address two points here. One, some have complained about the use of the word “expropriation,” or more broadly about ... Read More
Culture

Winslow Homer’s Art, through the Camera Lens

The Bowdoin College Museum of Art's show Winslow Homer and the Camera takes a perceptive, original look at one of America's great art visionaries. It's special for many reasons. It takes a much-considered artist — Homer (1836–1910) is among the gods atop the heap of American artists — and finally makes ... Read More