Zombie politics—a play on Zombie Economics—refers to ideas about politics that have become so cemented in conventional wisdom that it is virtually impossible to dislodge them. It doesn’t matter what the data says, or what published research says, or what this blog or any blog says. Zombie politics means that even though the ideas are dead, they just can’t be killed. I regret using the by-now-hackneyed zombie metaphor, but it remains apt.
Perhaps the biggest political puzzle of our time is why, as the lives of working-class whites have descended from the stability and comfort of “All in the Family” to the chaos and despair of “Gran Torino” and “Winter’s Bone,” these same Americans have voted more and more reliably Republican.
From today’s New York Times profile of economists Betsey Stevenson and Justin Wolfers:
In her third year there, a handsome Australian on a Fulbright scholarship arrived. At first, Ms. Stevenson dismissed him as a mere political scientist. “It wasn’t what he said; it was his long hair,” she said.
Mr. Wolfers, kneading one of Ms. Stevenson’s pedicured feet, interrupted.
“Betsey used to tell this story as, ‘He was too good-looking to be an economist,’ ” he said. “But somehow the story has gotten less generous.”
One fabulously rich person (or a gaggle of them) would put X million dollars into a trust that expires November 9th. X would have to be very large. Probably several hundred million.
The rules would be simple. You could choose a funding cap for all candidates, x, which is much, much smaller than X. Say, $100 million. Plenty of money for a modest number of attack ads, since the parties must have a little fun.
The key: If any one candidate’s super PACs raised more than x, then the trust would automatically release an equivalent amount of funds to the opponent’s super PACs. The trust would be ready to hurl all its money if it must.