Cutting spending in a time of a major economic contraction worked so well in the ’30s that we just have to do it again.
A Personal Blog
by Michael Froomkin
Laurie Silvers & Mitchell Rubenstein Distinguished Professor of Law
University of Miami School of Law
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All opinions on this blog are those of the author(s) and not their employer(s) unelss otherwise specified.
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Recent Bluessky Posts- We at UMiami don't miss him one bit. September 12, 2026 Michael Froomkin
- Eric sent me this French video. It's good. www.threads.com/share/BAVqjZ... I'm first generation. My family history is so complicated I don't even know where back is until you go to great grandparents, and even then it's a pretty wide swathe of disputed territory in Europe. Plus maybe some Siberia. September 12, 2026 Michael Froomkin
- New post September 11, 2026 Michael Froomkin
- Barbara Streisand effect wins again. September 11, 2026 Michael Froomkin
- Trump says he can spend $1.3 trillion without Congress. World will not land on him like a ton of bricks, proving again total suspension of disbelief in press and political leadership. www.cbsnews.com/texas/news/p... Or. as they say, I'm old enough to remember when we had a national legislature. September 11, 2026 Michael Froomkin
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I agree this deal is terrible. It does nothing to reign in favored special interests, take a look at point 2, “[the deal]….. is designed to protect crucial investments like aid for college students;” If there is one thing I know the government wastes money on it is student aid. It just allows law schools to charge more without any additional benefits to students, the government or society.
Then you will be pleased to learn that the program at issue was Pell Grants, and Pell Grants are only available to undergraduates (and some post-grad teacher certificate students).