Opaque and complex models used to dictate economic policy. What could go wrong? I know Trump and Covid suck a lot of oxygen out of the room, but heck, 2008 was

Opaque and complex models used to dictate economic policy. What could go wrong? I know Trump and Covid suck a lot of oxygen out of the room, but heck, 2008 wasn't all that long ago. Remember when a bunch of sophisticated models told us that a mass default on U.S. mortgages was statistically impossible? Taxes are about tradeoffs, not fairness. You're talking money from people under the threat of jail, there's no fairness there, only a weighing of individual rights vs. the needs of the many. Every tax policy is a compromise of some sort with varying degrees of winners and losers. This is a political problem not a technical one.