Lake Ontario, $5K Giveaways, and Bestiality: Are We Being Distracted by Trump's Inconsequential Craziness?
My latest Verdict column was published on Tuesday. It addresses President Trump's proposal to pay every adult U.S. citizen $5,000. To summarize: Trump has no power to do this without congressional authorization; such authorization would be a very bad idea because injecting over a trillion dollars into the economy would fuel inflation that would likely eat up any benefits; the giveaway would be regressive because inflation is felt more by the poor than by the wealthy. The new column follows on the heels of my previous Verdict column , accompanying essay on this blog and then a follow-up essay on the blog on Trump's renaming of Lake Ontario. In the Trump-is-stranger-than-fiction category, my first blog post on the Lake Ontario issue was titled When Will Trump Try to Change "New Mexico" to "New America?" The answer turned out to be six days later . It is no doubt entertaining to ponder the legal and policy questions posed by some of Trump's most outlandi...