Twelve years ago at the blog — Amity and the Bunnies

This post is by Unknown from West Coast Stat Views (on Observational Epidemiology and more)

For a while there, Amity Shlaes was everywhere, from the Daily Show to Marketplace. More recently, her star seems to have faded somewhat with her career settling into comfortable conservative media sinecures with organizations like the National Review. Her arguments seem to be largely the same more than a decade later, though to be honest, I didn’t feel motivated to look that closely this time.

Wednesday, February 1, 2012

Block that metaphor!

Marketplace has been looking for a conservative commentator to replace David Frum. Here’s an excerpt from Amity Shlaes’ latest audition:
Obama wants to reward companies that create jobs here in the United States. One of the carrots is a tax credit for companies that move operations back here. Another would double tax breaks for high-tech factories making products here.

These are juicy carrots. But the sticks put forward by Obama are hefty. The president wants to eliminate a tax break for moving expenses when a company ships operations overseas. He also wants to close a tax loophole that allows companies to move some types of profits to overseas tax shelters.

The president figures that businesses will tolerate the pain of the sticks for the reward of the carrots. He thinks if he pokes the stick in one corner, they’ll hop over to the corner where the carrots are.

But the trouble with this argument is that the U.S. economy is not a rabbit cage. And business people — entrepreneurs especially — don’t respond well to prods (Read more…)