One of the tiredest clichés in all of American politics -- and a favorite of D.C. "centrists" -- is that economic populism is all about beating up on the rich and redistributing income instead of pursuing economic growth. But Elizabeth Warren and her fellow progressives are not, either in rhetoric or policy, anti-growth or anti-business or out to "soak" the rich.
In the bizarro election of 2014, where the anti-gay National Organization for Marriage backed pro-gay Democratic candidates to show the GOP that they will help defeat any Republican candidate who veers from the evangelical right's agenda, pro-gay hedge-fund billionaire Paul Singer helped the anti-gay GOP take control of the U.S. Senate.
Recently, the EPA unveiled a proposal to reduce carbon emissions aggressively. It also avoids a potentially clumsy federal "one-size-fits-all" approach, by requiring and empowering each state to craft its own pollution reduction strategy. When each state is a laboratory, we are most likely to find the best practices.