While I was out of town, The Atlantic seems to have secretly added a Clive Crook blog to the website and not told me. He says Hillary Clinton's baby bonds plan was a good idea and it's too bad it wound up getting dumped, and I agree.
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Clive Crook
15 Nov 2007 03:23 pm
Comments (8)
Clive Crook's on a roll. He wrote a classic example of Bush Derangement in a Financial Times column a few days ago, and in the current hard copy Atlantic he wrote an essay saying home ownership should be discouraged via taxes because it's bad for the economy -- not just bad for some home owners, mind you (as the WSJ's Holman Jenkins explained more cogently in August), but bad across the board. Crook is starting to sound like a crank.
Yes... that was an idea best thrown back at her not merely dumped. How ridiculous of an solution do you need. It won't be enough money to matter to anyone's life (in inflation adjusted terms especially if college tuition inflates at > 6%/year), it teaches nothing about saving as it was given and not earned, and merely transfers wealth from those least able to afford it (i.e., the working middle class). Hopefully I've missed MY's irony in his post.
It was a typically dumb liberal idea. We have it in Britain and the biggest winners are people with chidren who are either rich (who get tax perks) or poor (who get something for nothing). And the biggest losers of course are the responsible people who don't breed like rabbits. The administration costs are also staggering.
The kids, at age 18, can do whatever they want with the money, including blowing it on a holiday or drugs or a big 18th birthday party or whatever. Further they could have been done for murder at age 16 and still get the money. And if someone leaves the country at age 1 they still get the money, but if they enter the country at age 1 they don't. Etc. The whole idea is just mushy liberal nonsense. Three cheers for Hillary if she dumped it already.
I'm not sure if this post is about Crook's new blog or "baby bonds", but if it is, I'll offer that I think the Atlantic needs more Matt Yglesias and much, much less Clive Crook.
Baby Bond + Anchor baby = Republican attack ad.
The issue would quickly turn into another immigration controversy. She was smart to throw the baby bond out with the bath water.
So Clive Crook has been posting since Oct.25 to the blog linked above, and there's still no link on the main page to his blog? Did he do something to annoy the editors?
Seriously, i like the new site design but the link maintenance could use a bit of improvement. For example, in the 150th anniversary issue there was a blurb for additional essays on "The American Idea", but the URL provided just takes you to an essay contest. Same thing for the "Ideas Tour" collection hyped in the magazine -- good luck finding a link. Is this all some kind of secret content, only available to those in the know?
All the Atlantic needs to do now is get rid of Andrew Sullivan.
Comments closed November 29, 2007.
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Heads in the Sand
He hasn't been added to the "voices" section. Someone should get on that.
Posted by mad6798j | November 15, 2007 3:59 PM