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Phil Magness
@PhilWMagness
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Economic historian @independentinst. I do data analysis about policy, past & present. Opinions are my own. "Neoliberalism" is a vacuous pejorative term.
Joined December 2012
@MattPolProf You'll be happy to know that I have been deemed a Marxist now by the NatCon right.
Apparently I am a Marxist now, according to the NatCon crowd, because I oppose their agenda of taxing trade. It sure was nice when words meant things...
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I literally denounced the Biden student loan forgiveness as unconstitutional on national media several times, including a Fox segment when the ruling was handed down. But NatCons are uninterested in facts...
@PhilWMagness So you are stating that it was ok for the Biden administration to ignore the courts ruling over student loan forgiveness, but Trump should be compliant. How deep does your hypocrisy run?
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I literally wrote the top-referenced legislative history of the Morrill Tariff act. This is the NatCon tariff crowd's equivalent of the Marxists who shout "you haven't read Marx!" without realizing I also edited a book of Marx's writings.
@PhilWMagness One of Abraham Lincoln's first acts was to impose the Morrill Tariffs, which kept going up and up as we got richer and richer after the Civil War. We became a world power, with the largest and most sophisticated economy, under them.
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@CrossWil95392 Yes, hence why it is alarming to see JD Vance adopt Biden's strategy of attacking judicial review.
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@JohnJSSoriano @michaelbd It's all projection. Note that the guy who's assigning sweeping and erroneous views to economists writ large is also purporting to speak on behalf of some nebulous training in "statesmanship" that comes from an undergrad level of familiarity with international relations theory
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RT @JohnJSSoriano: "The costs of tariffs are well-known," and then inaccurately describes the costs of tariffs. There is weird assumption (…
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@Charlen20942771 There's a hearing next week to do exactly that. It was ordered by this "wacko activist"
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@Soxwin35 The order literally asks the exec branch to submit its arguments in writing by 5pm tuesday.
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@KurtCouchman @michaelbd Thin or not, there is clear statutory oversight on executive branch execution. And there's clear judicial review of whether those statutes are being followed. An expeditious court hearing is a reasonable venue to evaluate the competing claims, no?
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The order is very short and straightforward. It says there's a legitimate question to review over whether the APA & related statutes are being violated, pauses the audit until this can be reviewed, invites the two parties to file their arguments, and sets an expedited hearing to review it. Nothing out of the ordinary, and certainly nothing warranting the hyperbolic claims of JD Vance.
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