My guess is that Marco Rubio is speaking now as I write these lines, serving up a fitting introduction for the nominee – or Rominee – of last resort for the Republican party. A speech filled with platitudes about freedom from, I don’t know, the tyranny of a pension or reliable health insurance in your old age, spoken by the son of escapees from communist Cuba. As Ryan put it on Wednesday night, the present-day G.O.P. sees everything to the left of Ayn Rand as sclerotic socialism, including legislative initiatives – like the individual mandate and cap and trade – that they themselves invented only a handful of years ago. (Ryan himself couldn’t even stick to his Randian creed for three minutes, decrying a nanny state where “everything is free except you” then paying tribute to the Medicare his mother purportedly depends on.)
I don’t know about these guys, but that “everything free” part probably sounds pretty attractive to a lot of Americans right now. While they equate Obama with Castro, Barry is much, much closer to them than he is to the bearded one in Havana. Would that he had put his shoulder behind expanding Medicare instead of this republican inspired, Heritage Foundation formulated health insurance scheme they call “Obamacare”. Would that he had committed himself to full employment along the lines of what Robert Pollin is recommending, among others. Those are positions worth defending. The problem Obama has right now is not the Republicans … it is his own flaccid liberalism, hopelessly compromised from the first stage of negotiation.
In truth, the Republicans, led by millionaire Romney, should be easy as hell to beat. They have zero credibility on the economy, no track record to speak of. Obama at least had the Clinton years – what does Romney have? The Republicans crashed the economy; now they want the driver’s seat back. They nearly destroyed the empire it took decades of rapacious interventionism to build. They have an ex-president, a mere four years out of office, that played no role in their convention. Did anyone mention him even once? They appear to think that by disowning the historically incompetent Bush/Cheney and pretending not to remember their tenure that they can induce amnesia amongst the rest of the body politic. They believe that by pointing elsewhere and crying “thief”, they can rob again.
Now that the balloons have fallen on Romney/Ryan (and we have been treated to the spectacle of evident dementia-sufferer Clint Eastwood rambling aimlessly on national television), it’s fair to respond to that question they always ask four years into an opponent’s presidency – namely, are you better off than you were four years ago. Four years ago, we were in free fall, the credit system of the world’s largest economy was shutting down, and hundreds of thousands were being thrown out of work. Four years ago, Bush’s war of choice in Iraq was still killing young soldiers by the dozen. Unless you’re as demented as Clint Eastwood, you probably remember all that.
Yes, we’re better off than we were in 2008. Still not good, but it takes a lot of work to get out of a hole as deep as the one Romney’s party dug us into.
luv u,
jp
To be certain, Obama has not acted boldly enough on the economy, on basic issues of human rights, and so on. That’s a given. But let us not forget how we got into this hole in the first place. We had eight years of Dubya Bush, during which time he and his fellow cartoon pirates started two wars, established torture as an open instrument of foreign policy, blew an enormous hole in the federal budget with two rounds of wartime tax cuts, let New Orleans be destroyed, crashed the economy into what has turned out to be a milder version of the Great Depression, and quite a bit more. They did so with the full cooperation of a Republican led congress for six full years, and effective Republican control for the remaining two. (The Dems’ razor-thin majority 2007-2009 didn’t buy them much.)
John Dewey had it about right when he said that politics is the shadow cast on society by big business. I suppose in his day it wasn’t very different – the wealthy have always pressed their advantage. Perhaps the period from World War II through the 1970s will be seen as unique in American history in the sense that workers had some influence on the economic life of the nation. There was a social contract between the rich and the not-rich that provided the latter with a modest share of the wealth they themselves were creating through their labor. That model has been under attack for decades now, and it is crumbling.
This is where the faulty economic theory part comes in. Take pretty much any one of the Republican candidates’ tax plans, to the extent that they’ve been articulated thus far. Romney, for instance, is touting a 20% across-the-board tax cut. What he’s actually talking about is raising taxes on the bottom third of wage earners, which the G.O.P. field has for several months been describing as woefully undertaxed. Meanwhile, at the top end, the richest of the rich (i.e. the parents of kids too rich to want to hang around with Richy Rich), folks will be seeing an extra $400K or so in their yearly income. All well and good, right? These are the “job creators”, right? The folks who fired your ass so they could afford a second Bentley. They were the ones paying too much, as George W. Bush lamented back in 2000 (which he later fixed with his massive tax cuts).
American military might. They mark the beginning of the recession in the Obama administration, not the Bush administration. They see the national debt as the cause of unemployment. On their planet, the only problem with our electoral system is fraudulent voting – i.e. people (perhaps “illegal” immigrants) breaking federal law to usurp a franchise very few Americans are inclined to exercise legitimately. All domestically produced fossil fuel, in their tiny minds, is somehow reserved for use by Americans alone, not simply dumped into the global market and snapped up by whoever pays for it (i.e. how it actually works).
party’s failure to find its spine on this issue, the Republicans have managed to position it in a similar way as they have with the gun control issue. It seems like the very mention of global warming or climate change brings a chill to Democrats on both ends of Pennsylvania Avenue. Only Republicans ever seem to use the terms, and only then as a means of attacking their cowardly opponents. They have been given the upper hand, once again, by default, just as Democrats have deserted the barricades on the gun issue, on the death penalty, on “missile defense”, etc.
pizza box? He is running for the G.O.P. nomination and apparently has no concept of what the pro-life and pro-choice positions actually mean.
Frankly, if he were to come back from the Vineyard with a Jobs / Recovery Act proposal that involves bold efforts to fund infrastructure projects, incentivize hiring, raise taxes on the rich, and so on, I would be the first to say that the man has earned his rest. But that is an extremely unlikely scenario. Obama, smart as he is, does not want to have to walk back every statement he has made about the debt since last year. That’s my best take on that. My worst is that he really believes that cutting spending, basic social safety net programs, and government investment in the short term will, as his Republican opponents believe, create jobs. If he doesn’t know they’re smoking crack on that one, we could be in for Japan in the 1990s.
of corporate America, was driven by its most radical faction (the so-called “tea party”) to manipulate the once mundane process of raising the debt ceiling for political gain. S&P’s judgment that our government can no longer make rational decisions about its debt is based on their recognition that, from now on, raising the debt ceiling will involve a similar political standoff.
some of the legions of unemployed. They cling to this belief, rhetorically at least, even when it’s clear that a) businesses already have multiple trillions in savings they are sitting on right now, and b) they have no intention of spending any of it on new hires so long as they can press their current employees to do the work of three, four, perhaps more. Ask anybody who’s got a job, and they’ll tell you – increased productivity is just the modern term of art for speeding up the assembly line.