Yes, Marco is the big winner of the night! By coming in third. Or maybe second. And he’s not talking participation trophy here. No, he’s a winner, yes he is! Sheesh. At least he’s getting a lot of practice delivering his victory speech for when he actually needs it. If he ever does.
The big news, of course, is that the Donald Trump felled another member of The Deep Bench, namely Jeb! Bush. The Deep Bench was so deep–remember?–that a complete novice of a politician has laid waste to most of them. I feel a little sad for Jeb!. I mean, he was always supposed to be the smart one, but in the end he was bested by his dumb brother. That’s gotta sting. You know it does. But I’m also a little sad for Jeb! because he was really just about the only one to pushback against Trump’s ugly bigotry. So now the Republicans get to own Trump. He is them and they are him.
And we might be better off with him than Rubio, anyway–that is, assuming either one of them can beat Hillary. Matt Yglesias had an interesting piece on Vox the other day, titled “Why I’m more worried about Marco Rubio than Donald Trump.”
Yglesias explains that Rubio’s budget math is “ridiculous.” Remember: Republicans are supposed to be the ones who know how to manage budgets. You’d never know it from their presidential candidates.
Rubio has proposed a tax cut that will reduce federal revenue by $6.8 trillion over 10 years. Numbers that large don’t mean anything to people, so for comparison’s sake let’s say that if we entirely eliminated American military spending over that period we still couldn’t quite pay for it.
But of course Rubio doesn’t want to eliminate military spending — he wants to spend more. He also promises to avoid any cuts to Social Security and Medicare for people currently at or near retirement. For good measure, he is also proposing a balanced-budget amendment to the Constitution. You could eliminate the entire non-defense discretionary budget and you’d still need $100 billion to $200 billion more per year in cuts to make this work.
This is, of course, totally unworkable. And the process that led Rubio to this point is telling and troubling.
Rubio entered the Senate at a time when an intellectual movement known as “reform” was hot in conservative circles, which argued that Republicans should concentrate less on supply-side tax cuts and more on tax policy focused on the working class. This originally took the form of a $2.4 trillion tax cut plan crafted by Utah Sen. Mike Lee that Rubio signed on to but then kept transforming into a larger and more regressive tax cut, as Rubio came under pressure from the supply-side wing of the party and it became clear that the constituency for “reform” conservatism was limited to a handful of media figures. Eager to prove that his dalliance with the reformocons was over, he actually ended up proposing to entirely eliminate taxes on investment income, meaning that billionaire captains of industry could end up paying nothing at all.
The upshot is a plan that is costly and regressive, yet paired with other commitments around entitlements, military spending, and constitutional amendments that make it completely impossible.
Trump’s tax plan is even costlier than Rubio’s by most measures. But in his defense, he barely ever talks about it and hasn’t compounded the cost problem with a balanced-budget amendment or a firm commitment to enormous quantities of new military spending.
Then there’s Rubio’s foreign policy:
Rubio’s approach to world affairs essentially repeats the “let’s have it all and who cares if it adds up” mentality of his fiscal policy. His solution to every problem is to confront some foreign country more aggressively, with no regard to the idea of trade-offs or tensions between goals or limits to how much the United States can bite off at any particular time.
There’s more in the article. I guess we shouldn’t worry too much until Rubio actually wins something.