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How bad will the GOP become?

Summary:
David Frum has a new piece in The Atlantic, which discusses the GOP’s increasing opposition to free enterprise. These tweets summarize part of his argument: Meanwhile, the GOP is also moving away from property rights for homeowners that wish to sell their house to developers of multifamily units: Remember when Republicans used to point with pride to Houston’s lack of zoning, and contrast that with California’s restrictive housing policies? The GOP has always been awful on the military, social issues, voting rights, etc. Their one saving grace was they were more supportive of free enterprise than the Dems. Now they are even abandoning that ideology. What’s left? The conservative wing of the House GOP recently put out a report that in the future the party

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David Frum has a new piece in The Atlantic, which discusses the GOP’s increasing opposition to free enterprise. These tweets summarize part of his argument:

How bad will the GOP become?

Meanwhile, the GOP is also moving away from property rights for homeowners that wish to sell their house to developers of multifamily units:

How bad will the GOP become?

Remember when Republicans used to point with pride to Houston’s lack of zoning, and contrast that with California’s restrictive housing policies?

The GOP has always been awful on the military, social issues, voting rights, etc. Their one saving grace was they were more supportive of free enterprise than the Dems. Now they are even abandoning that ideology. What’s left?

The conservative wing of the House GOP recently put out a report that in the future the party should follow the lead of Trump. Many of you claimed that Trump was discredited after January 6. I still expect him to be the GOP nominee in 2024. Who’s going to beat him?

BTW, John Boehner says the rot began before Trump, indeed with the GOP class of 2010.

HT: Matt Yglesias


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Scott Sumner
Scott B. Sumner is Research Fellow at the Independent Institute, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University and an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation—to better "induce the correct level of business investment".

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