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Trump and Biden debate: Here’s what we want to hear

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Tue, Sep 29, 2020 09:07 PM

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[Bloomberg]( Follow Us //link.mail.bloombergbusiness.com/click/21646118.60672/aHR0cHM6Ly90d2l0dGVyLmNvbS9ib3Bpbmlvbg/582c8673566a94262a8b49bdB2704c557 This is Bloomberg Opinion Today, a hot-desking plan of Bloomberg Opinion’s opinions. [Sign up here]( . Today’s Agenda - The [first debate is happening](. - [Hot-desking is not]( happening. - [Wilbur Ross ignoring courts]( is happening. - [Trump cutting drug prices]( is not happening. Room for Debate Well, it’s almost here: the first presidential debate of the 2020 election. These things produce few memorable moments — Nixon’s sweating, Reagan’s “youth and inexperience,” Bush’s watch-checking, Gore’s sighing and Obama’s “Please proceed” just about exhaust the list — and decide few elections. Yet [three-quarters]( of voters say they plan to watch tonight’s debate. Tens of them may even [change]( their votes because of it. The heightened interest makes sense. This is an unusually heated and important election. And we’ve rarely seen President Donald Trump and former Vice President Joe Biden in the same room, much less directly confronting each other. Anything could happen! There could be flying [earpieces](, [drug-test jokes]( or threats of [violence](. Hopefully such foolishness won’t get too much in the way of people learning things of actual substance. To that end, Bloomberg Opinion asked its stable of writers for [questions they’d like to see asked in this debate](. Sixteen responded with questions about everything from climate change to trade wars. Will any of them be answered tonight? It’s like a [drinking game](, but more responsible. Read the [whole thing](. Not-So-Hot Desking Going back to the office in a pandemic, or even at the end of one, is bound to be harrowing. Here in New York, most of us are simply [not doing]( it (and may be doing it even less [very soon](). In such circumstances, which office sounds more appealing:​​​​ one forcing you to battle your colleagues every day for limited “hot” desk space, or one offering a roomy work area dedicated just to you, maybe with a nice little cactus? Because he is a normal human, Chris Hughes imagines you’ll choose the second option. Some businesses, looking to cut corners post-pandemic, are opting for the first. They may soon find their personnel costs exceed their real-estate costs, as [their employees leave in droves for better accommodations](, Chris writes. A trend toward roomier work environments could keep office space in demand, softening the pandemic blow for commercial landlords.  Fight Court One key topic of debate tonight will be the Supreme Court. Trump’s trying to fill an empty seat with a staunch conservative, Amy Coney Barrett, just days ahead of the election. Wary of attacking Barrett personally, Democrats are focusing on hints she may want to overturn the Affordable Care Act. Expect Biden to mention this early and often tonight. Ramesh Ponnuru suggests such talk is overblown, that [Barrett has offered no clue she would overturn Obamacare]( or favor the long-shot lawsuit seeking to do that. Of course, Trump has already given a potential future Biden administration pointers on handling court orders it doesn’t like: It can simply ignore them. Commerce Secretary [Wilbur Ross is doing just that]( with a lower-court order not to stop the 2020 Census too early, writes Noah Feldman. It’s a direct assault on the rule of law, and the court should punish him for it. Pharma Chameleon One Trump idea with bipartisan appeal is his argument that drug prices are outrageously high. Everybody agrees, except for that guy who looks suspiciously like three pharma companies stacked in a trench coat. And Trump has certainly been busy the past four years  announcing plans that seem like they might cut prices. But when you study the details, you realize [his measures only boost drug-company profits]( while raising costs to taxpayers, writes Peter Bach, director of the Drug Pricing Lab at Memorial Sloan Kettering Cancer Center in New York. There are many better ways to force drug prices lower. Telltale Charts Trump and Biden debate after a long stretch of unusual [stability in how prediction markets see the race](, notes John Authers. Will tonight change that? If history is any guide, the [pandemic’s end could bring a period of lower mortality]( in New York and elsewhere, writes Justin Fox. But there’s no sign of that happening yet. Further Reading Republicans and Democrats [must compromise on economic stimulus]( now. — Bloomberg’s editorial board New coronavirus waves may call for [more targeted, thoughtful lockdowns]( of the most vulnerable people. — Andreas Kluth It’s only fair to [claw back gains investors get from Ponzi schemes]( to help pay back people who lost money. — Nir Kaissar Before Covid, Boris Johnson [might have been able to get away with a no-deal Brexit](. Now he can’t afford one. — Therese Raphael BMW and Daimler should [jump at Uber’s interest in their ride-sharing venture](. It’s going nowhere for them. — Alex Webb ICYMI The Bidens paid [much more than $750 in taxes](. [Mass airline layoffs]( may be coming soon to swing states. [Germany has a Dr. Fauci]( and actually listens to him. Kominers’s Conundrums Hint Solving our [24 Game Conundrum]( is the perfect way to kill time before the debate. But if you get stuck on a couple of the harder ones, don't forget: Logarithms are a powerful way to make large numbers smaller, and exponentiation plus a "1" can eliminate any pesky numbers you can't quite figure out how to use. (And for that second bonus challenge, don't be afraid to look for really exotic mathematical functions.) — Scott Duke Kominers Kickers Out: planting trees to fight climate change. In: [planting seaweed](. There’s a bug that can [survive in the deep ocean](. (h/t Scott Kominers for the first two kickers) Care for a cup of [Satanic chamomile](? (h/t Ellen Kominers) Some physicists see [signs of cosmic strings from the Big Bang](. Note: Please send Satanic chamomile and complaints to Mark Gongloff at mgongloff1@bloomberg.net. [Sign up here]( and follow us on [Twitter]( and [Facebook](.  Like Bloomberg Opinion Today? [Subscribe to Bloomberg All Access]( and get much, much more. You’ll receive our unmatched global news coverage and two in-depth daily newsletters, The Bloomberg Open and The Bloomberg Close. Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. [Learn more](.  You received this message because you are subscribed to Bloomberg's Bloomberg Opinion Today newsletter. [Unsubscribe]( | [Bloomberg.com]( | [Contact Us]( Bloomberg L.P. 731 Lexington, New York, NY, 10022

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