When he appears on television, my reaction isn't that much different from the reaction of socialist Joe Weisenthal:
*Mutes TV*— Joseph Weisenthal (@TheStalwart) February 10, 2016
And up to now, I could get away with this because I didn't think he was going anywhere in the primaries. His second place finish in the New Hampshire primary changes my view slightly.
And Krugman hates him. Krugman reported on Monday:
However, there seems to be a real possibility for one thing that seemed unlikely before the RubiOS bug manifested itself: that John Kasich will come in second on the Republican side.Well, according to Austrian business cycle theory, Fed manipulated interest rates, that are lower than market rates, do divert funds into the capital goods sector, e.g. stocks. The Fed manipulation in the boom phase of the cycle doesn't, though, result in stagnant wages, according to ABCT. But understanding the diversion into the capital goods sector is pretty sophisticated stuff for a politician.
If he does, there will be an outpouring of praise from self-proclaimed centrists, who will declare Kasich the sensible, responsible Republican of their dreams. So let me attempt what will surely be a futile preemptive strike, and note that on economic policy — which sort of matters — Kasich is terrible, arguably worse than the rest of the GOP field.
It’s not just his balanced-budget fetishism, which would be disastrous in an economic crisis. He’s also a hard-money man.
Ted Cruz has gotten some scrutiny, although not enough, for his goldbuggism. But Kasich, when asked why wages have stagnated, gave as his number one reason “because the Federal Reserve kept interest rates so low” — because this diverted investment into stocks, or something.
I'm guessing he somehow stumbled across the truth and has no idea who Mises and Hayek are. And don't mistake Kasich for a libertarian He doesn't come close to properly answering many of Laurence Vance's 50 questions. Consider (via On the Issues):
He does not want to raise the minimum wage willy-nilly but is in favor of it being done at the state level.
He says China doesn't own the South China Sea and wants to show the US Navy there.
Wants to fight ISIS with a coalition including US ground troops.
Opposes ObamaCare but not all public health programs.
Walked out of a service when preacher opined against US missiles in Europe
He believes legalizing marijuna sends a mixed signals to kids.
The former managing director at Lehman Brothers has said "Wall Street is too greedy."