Patrick Chamorel, who specializes in comparing American and European politics, argues in The American Interest that French president Emmanuel Macron’s economic vision is a mix of the Californian and Scandinavian models:
On the one hand, an embrace of start-up culture, a preference for entrepreneurship over rent-seeking, outsiders over insiders and individual mobility over jobs-for-life; on the other, he evinces a belief in the positive role government can play to protect the weak and equalize access to opportunities.
Macron wants to free companies from excessive social costs and bureaucratic constraints, but he has also pledged €50 billion in public investments. Read more
By all accounts, Iran is complying with the 2015 multilateral agreement that curtailed its nuclear program. The country is giving full access to inspectors, who have found no violations.
The only person upset by this is Donald Trump.
The New York Times revealed earlier this month that the American president had only reluctantly certified Iran’s compliance with the deal.
Now the same newspaper reports that he has instructed his team to find a way to declare Iran noncompliant — whether it is or not.
Congress requires the president to certify every three months that Iran is meeting its obligations under the agreement. If Trump doesn’t, then lawmakers have sixty days to restore sanctions that were rescinded in 2015. Read more
Republicans Must Start to Wonder: What Has Trump Done for Them?
Silvio Berlusconi is eying a comeback in Italy — again.
The eighty-year old former media tycoon, who was prime minister four times between 1994 and 2011, still leads Forza Italia, the country’s largest conservative opposition party.
But it is only polling around 14 percent support. So many things need to happen to put Il Cavaliere back in power that it looks like a long shot:
The European Court of Human Rights needs to overturn Berlusconi’s ban from public office. Elections must be held before May 2018, but Berlusconi can’t run again until 2019 due to a conviction for tax fraud. He is appealing the verdict.
The ruling center-left Democratic Party and the anti-establishment Five Star Movement, which are polling in first and second place, respectively, need to lose popularity.
So does the formerly separatist Northern League, which Matteo Salvini is transforming into a national right-wing populist force that is anti-euro and anti-immigration.
A new electoral law must have a high-enough threshold to prevent Foreign Minister Angelino Alfano’s center-right Popular Alternative from eating into Berlusconi’s margins — but not so high as to prevent the nationalist Brothers of Italy from winning seats. Berlusconi would need them for a majority. Read more
Republican Attempt to Repeal Obamacare Turns into Farce
Republican attempts to repeal Obamacare have descended into farce.
Politico reports that Senate Republicans don’t even want their latest bill — which would repeal the 2010 health reforms without replacing them — to become law.
“The substance of this is not what’s relevant,” said Bob Corker of Tennessee. “This a pathway to conference. That’s the only purpose in this.”
But there is no guarantee the House of Representatives will agree to a conference, which is not designed to write laws to begin with. It’s a process to iron out differences between similar bills passed by both chambers.
The reason Senate Republicans must resort to this is that they haven’t been able to unify their own behind a health-care bill, let alone attract Democratic support. Read more
Janan Ganesh wonders in the Financial Times if, rather than economic pain, relatively good times led to victories for Brexit and Donald Trump.
The median Briton, he points out, has no recollection of national crisis: no devaluation, no three-day workweek, no conscript war, none of the floor-to-ceiling greyness of the postwar years, when austerity entailed the rationing of basics and not just tight public-sector pay settlements.
The worst ordeals were an invasion of Iraq conducted by an all-volunteer army and a crash in which unemployment peaked at 8 percent.
To remain vigilant after such a benign experience of history is too much to ask, argues Ganesh. Read more