Letting Obamacare fail would break Trump's oath

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2017-07-20 09:03:44

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}A daily digest of opinions and analysisNo, Seriously: Letting Obamacare Fail Would Break Trump's OathIt would violate the Constitution for a president to intentionally kill a valid law. So when Donald Trump indicated — even by tweet — that that was his goal, it was a really big deal. Harvard Law School professor Noah Feldman explains why Trump’s proposal wasn’t just run-of-the-mill politicking. Trump Cares About Looking Good, Not Doing GoodBut if this president broke his oath of office, would he even care? Trump biographer Timothy L. O’Brien has his doubts. After all, as the Republican health-care bill was collapsing, he was out promoting his New Jersey golf course — showing a disregard for serious matters that has been a constant throughout his life.Why Redlining Never Really Went AwayRemember “The Case for Reparations”? Ta-Nehisi Coates was right: New research shows that past racist policies have strong economic effects to this day. Noah Smith checks in with the economists working to quantify the harm caused by redlining and other discriminatory practices.Now the Cloud Over Ackman’s Head Says ‘Chipotle’The activist investor who got clobbered by Valeant and Herbalife thought the burrito chain would be a winner. Oops. Joe Nocera examines why Chipotle is probably giving Bill Ackman a bad case of indigestion right now.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsAre robots the future of global finance? (UBS)Five markets charts that matter for investors (Financial Times)The cost of a hot economy in California: a severe housing crisis (New York Times)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg GadflyThe battle of cable’s also-ransOPEC’s next problem: an army of DUCsPrediction: Apple predictions will be wrong again(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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