“Creative Destruction Of Capitalism”: Mitt Romney Is No Economic Savior
Republicans say they’re eager for the presidential campaign to turn away from “distractions” and focus instead on the economy. Someone should warn them that if they’re not careful, they might get their wish.
It is true that voters’ unhappiness with high unemployment and slow growth poses a challenge for President Obama as he seeks reelection. But for Mitt Romney and the GOP to take advantage of this potential opening, they’ll have to do more than chant the word “economy” like a mantra. They have to make the case that their policies will work better than Obama’s.
And what might Romney’s proposed economic policies be? Why, they’re basically the same as those of George W. Bush, only worse.
Just as Obama owns the recession and the slow recovery, Bush owns the financial crisis that sent the slumping economy over a cliff. But for all his sins — the gratuitous tax cuts, the off-budget wars, the defiance of basic arithmetic — Bush at least demonstrated a certain empathy for Americans who struggle to make ends meet. One of his budget-busting initiatives, for example, was expanding Medicare to cover prescription drugs without worrying about how this much-needed new benefit would be paid for.
It’s safe to predict that Romney would never make such a gesture out of compassion for the beleaguered middle class. To this day, he refuses to take back his criticism of Obama for bailing out General Motors and Chrysler — even though letting the companies fail would have meant the extinction of the U.S. auto industry and the elimination of hundreds of thousands of jobs.
It is a measure of Romney’s ideological stubbornness that, even with Chrysler rebounding under new ownership and GM reporting record profits, he still insists that his view — let the companies go bankrupt so the “creative destruction” of capitalism could work its magic — was correct.
Romney is something of an expert on creative destruction, I guess, having orchestrated a good deal of it while running the private-equity firm Bain Capital. The Obama campaign recently released an ad about one of Bain’s less successful acquisitions, a small steel mill in Kansas City called GST Steel.
The company, which was more than 100 years old, failed after a decade under Bain’s ownership; GST’s 750 employees lost their jobs, pensions and health benefits. Bain, however, made money, investing $8 million in the company and taking out $4 million in profits and $4.5 million in management fees. The Romney campaign contends that GST, with its unionized workforce, could not compete with cheap foreign steel being dumped on the market. The Obama campaign alleges that Bain burdened GST with crushing debt while sucking the company’s coffers dry.
Is this the genius of free markets at work, or is it “vulture capitalism” run amok? Let’s have that argument. Please.
Let’s also have a long, detailed discussion of Romney’s economic plans versus Obama’s. Romney wants to make tax rates for the wealthy even lower than they are now; Obama wants a small increase for those making more than $1 million a year, whom he challenges to pay “their fair share.” Romney’s entire economic plan, basically, involves tax cuts and deregulation — in other words, a repeat of the Bush-era policies that led to the crisis.
Does Romney have any fresh ideas? Well, when he was governor of Massachusetts, he was smart enough to see that universal health coverage would not only improve the lives of the uninsured but also help rein in runaway medical costs. He found the solution in an innovative idea developed in Republican-leaning think tanks: an individual health insurance mandate.
It worked. In fact, it was Romney’s greatest policy success as a public official. But now he doesn’t talk about it much.
My guess is that Republicans won’t want to talk about the past or the future in much detail. They’d like to keep things blurry, so that we only see Romney in broad outline: a successful businessman who’ll put us back in business. For details, we’ll mail you the prospectus.
I can’t help but think of the “prosperity theology” movement, or scam, in which preachers persuade congregants that God’s will is for Christians to be rich — and that the way to become rich is to put lots of money in the collection plate. It’s not believable unless the preacher looks and acts the part. Maybe he lives in a mansion. Maybe his wife drives “a couple of Cadillacs.”
Actually, it’s not believable even then.
BY: Eugene Robinson, Opinion Writer, May 14, 2012
“Looking For Mr. White-Guy”: Republican New Mexico Gov. Susana Martinez Slams Romney’s Immigration Policy
Presumed GOP nominee Mitt Romney has mentionedNew Mexico Gov. Susana Martinez (R) as a potential vice presidential pick, and some conservatives think she’d help him win Hispanic voters, but even she is skeptical of Romney’s immigration policy.
In an interview with the Daily Beast’s Andrew Romano, Martinez acknowledged the problem. “I have no doubt Hispanics have been alienated during this campaign,” she said. Indeed, one recent poll found a startling 68 point gap between Romney and President Obama among Hispanics. “But now there’s an opportunity for Gov. Romney to have a sincere conversation about what we can do and why,” she added.
Part of that may be softening his immigration stance, which was among the harshest in the GOP primary. Romney said his immigration policy would be to make life so miserable for undocumented immigrants that they would choose to “self-deport.” But Martinez balked at this. “‘Self-deport?’ What the heck does that mean?” Martinez “snap[ped] at Romano.
Martinez also called for he GOP to “outflank the president–on the left–by proposing its own comprehensive plan” — something that is highly unlikely for Romney to support considering that he’s vowed to veto the DREAM Act and his immigration adviser, the controversial activist behind Arizona’s anti-immigration law, said his candidate will not support any legislation that opens a path to citizenship for immigrants.
But perhaps Romney-Martinez 2012 is not meant to be anyway, as Martinez has repeatedly said she’s not interested in being vice president and Romney is supposedly looking for an “incredibly boring white guy” — criteria which excludes Martinez at least twice over.
By: Alex Seitz-Wald, Think Progress, May 14, 2012
“Obeying The Supreme Court Is Optional”: Rand Paul Suggests Congress Can Simply Ignore Roe v. Wade
Earlier today, the National Review’s mailing list distributed an email (which can also be found here) signed by Sen. Rand Paul (R-KY), which called for Congress to pass a law effectively rendering a binding Supreme Court decision a nullity:
Working from what the Supreme Court ruled in Roe v. Wade, pro-life lawmakers can pass a Life at Conception Act and end abortion using the Constitution instead of amending it. . . . Signing the Life at Conception Act petition will help break through the opposition clinging to abortion-on-demand and get a vote on this life-saving bill to overturn Roe v. Wade.
A Life at Conception Act declares unborn children “persons” as defined by the 14th Amendment to the Constitution, entitled to legal protection.
It’s not entirely clear why Paul believes Congress has this power, and the email he signed does not provide a fully developed legal argument making the case for such an law. Instead, it appears to argue that Congress can simply grant full legal “personhood” status to fetuses under the 14th Amendment because Roe left open “the difficult question of when life begins.” This is not a correct reading of the Roe decision, however. The Roe opinion is unambiguous that “the word ‘person,’ as used in the 14th Amendment, does not include the unborn.”
Whether one agrees with this opinion or not, Congress does not have the power to flout the Supreme Court’s constitutional decisions simply because it does not like them. As ThinkProgress explained when a similar proposal was floated last year by Princeton Professor Robert George, “[i]n City of Boerne v. Flores, the Court held that Congress is not allowed to simply declare that the 14th Amendment means whatever they want it to mean and then use that declaration to pass enforcement legislation — Congress can only pass laws enforcing existing 14th Amendment rights.”
Just as importantly, there is something very bizarre about a conservative stalwart like Rand Paul insisting that obeying the Supreme Court is optional at exactly the same time conservatives are trying to impose much of their policy agenda upon the nation by judicial decree. Presumably, Paul would be outraged if President Obama simply refused to obey a Supreme Court decision striking down part of the Affordable Care Act or if elections officials were to ban corporations from trying to buy elections despite the justices’ decision in Citizens United. Yet, if Roe v. Wade is as optional as Paul appears to think that it is, than there is no reason why Obama should feel obliged to obey conservatives’ pet decisions either.
By: Ian Millhiser, Think Progress, May 14, 2012
“A Disagreeable Human Being”: Mitt Romney, The Unlikable Presidential Candidate
It’s been a long time since the country elected a man as personally unappealing as Mitt Romney. Will Americans overlook their deeply held conviction that he’s a jerk?
Very few votes are going to be cast on the basis of what Mitt Romney did or didn’t do to John Lauber in 1965. So that, per se, isn’t Romney’s problem. But this is: The story lands as another brick on pile of evidence amassing that he’s just a disagreeable human being. A few days ago I wrote about Barack Obama’s biggest problem, which is that despite all the many areas in which Americans rate him higher than Romney, the one on which they give Romney the edge happens to be pretty important: handling the economy. Now we get to Romney’s biggest problem. The likability factor. He ain’t got it. And he ain’t got much of a way to get it.
Historical question: When is the last time the clearly less likeable candidate beat the clearly more likeable one for the White House? The answer is, a long time. I put the question to Gallup, which didn’t have historical numbers at hand. But doing some noodling around on my own suggests that you have to go back to 1968 to find such a result.
In 2004, George W. Bush generally led the likeable category. Pew emailed me some numbers—they had Bush leading John Kerry on likeability by 47 to 36 percent in September 2004. Interestingly, Kerry caught up and even went ahead after the first debate. But even so, voters judged both very likeable—70 percent for Kerry, and 65 percent for Bush. In 2000, Bush usually topped Al Gore, but not by massive margins. An October 2000 poll gave Bush an 11-point margin. Pew had a nine-point margin for Bush around the same time.
Before then, numbers get a little harder to come by. But crusty old Bob Dole was surely not considered more likeable than Bill Clinton in 1996. The 1992 Clinton-George H.W. Bush matchup was probably close. But just think back over the elections. The “wooden” Michael Dukakis in 1988 wasn’t exactly radiating intense bonhomie. Ronald Reagan was extremely likeable on a personal level to most people. Jimmy Carter had that big smile in 1976. Et cetera. As I say, I would imagine that it’s 1968, when the surly Dick beat the Happy Warrior, although by just a half million votes out of more than 70 million cast. But even Nixon was probably not clearly less likeable than Humphrey. After all, he’d been the vice president, he’d been on the national stage for nearly 20 years; the man definitely had his backers.
Romney, though? This is the biggest washout of modern times, folks. Gallup just this week put the likeability ratings at Obama 60, Romney 31. It’s not that Obama’s number is unusually high. Look back at those Kerry-Bush numbers. Americans are an open-hearted lot, at least presumptively, so they want to like the guy who’s going be the president. But they Do. Not. Like. Mitt. Romney.
It would be more interesting for all of us if there were some great mystery here, but there isn’t. He reeks of privilege. Every time he says something off the cuff he says something obnoxious. Corporations are people, pal. I like firing people. Where on earth did you get those Godforsaken cookies?
He also—and this actually is interesting, because it’s something our normal public discourse does not like to admit or allow for—is way too rich. We’re constantly told that Americans don’t have any class envy, and compared to some European nations they don’t. But even Americans have limits. A few million, even $50 million; okay. But a quarter billion dollars? A house with an elevator . . . for the cars? It also matters to people how the money was made. It’s okay to be worth a gajillion dollars if you’re Bill Gates or Steve Jobs and have made everyone’s lives more interesting and cooler. But what’s Mitt Romney done? Helped give us Domino’s Pizza.
Even so, Romney might still pass muster, but he has no grasp of the one crucial reality of class in America: you can be filthy rich as long as you don’t look or act like it. Gates doesn’t comb his hair, much. Jobs wore sneakers. Romney just looks too pressed. Even when he’s wearing those jeans. You can look at Romney on television and practically sense how he smells—of costly ablutions whose brand names the rest of us probably don’t even know. And he acts relentlessly rich.
And this brings us back to the Cranbrook School incident. We might have learned from The Washington Post this week that Romney gallantly interceded on poor Lauber’s behalf. Or even, maybe, that he did the awful deed, but a few years later he got in touch with Lauber to say, “Gee, old scout, went a bit overboard there.” Or even that he acknowledged to one of his confederates that he regretted the incident. In other words, we might have learned something that showed he knows he behaved like an asshole. But all we learned is that he behaved like an asshole and is now pretending to forget it. A jerk is one thing. But a jerk who takes no responsibility for his jerkitude is pretty much the definition of an unlikeable person.
No human being is one dimensional. I’m sure there are plenty of people in the world for whom Mitt has performed kindnesses. I expect we’ll be getting to know every single one of them in these next few months, too, in heavily filtered television ads in which the men wear proletarian flannel and the women’s St. John blazers are kept safely in the closet. All I can say is they’d better be more likeable than their candidate—for his sake. In the meantime, there’s something very reassuring about this country reposing in those numbers, that the black guy with the weird name who’s been called everything under the sun is twice as likeable as the rich white guy. This is the America that drives the wingers crazy, but that the rest of us—the majority—live in, and love.
BY: Michael Tomasky, The Daily Beast, May 13, 2012
“The Affordable Care Act”: A Mother’s Day Gift For Moms Throughout The United States
People always say good health is the greatest gift, so let’s make health a priority this Mother’s Day. Now that I am a mother myself, I am even more appreciative that I have health insurance that covers the care I need. All moms deserve the kind of quality, affordable care that I was lucky enough to receive while pregnant and postpartum, and Obamacare is working to make that dream a reality.
While pregnant, what did I need the most—that is, besides a foot massage? Maternity care, of course. My prenatal visits reassured me that my pregnancy was progressing as it should and my insurance allowed me to use the provider of my choosing, labor in the setting I wanted, and get the emergency care I ultimately needed. Unfortunately, only 12 percent of plans in the individual health insurance market currently offer maternity coverage. Thankfully, starting in 2014, Obamacare will require all new health plans to cover maternity care as the essential health service that it is.
Needing an emergency C-section was the first sign that I was no longer calling the shots. It’s fine if my son has his own plans, but not the insurance industry. Insurers currently can deny women coverage for specific health services or entire plans due to gender-related “pre-existing conditions” such as Cesarean sections, breast cancer, domestic violence, and sexual assault. The idea that my surgery could disqualify me from obtaining coverage on the open insurance market is both absurd and deeply offensive. But this discriminatory practice becomes illegal under Obamacare in 2014.
After my son was born, my pediatrician’s office began to feel like a second home with the amount of time I had to spend there his first year. I am lucky enough to have a low co-pay that I can afford, but for far too many families those co-pays are not just a minor inconvenience. Obamacare ensures that families can afford to bring their children in for vaccinations and other routine visits by eliminating cost sharing, such as co-pays or deductibles, for well-baby and well-child care.
Whoever said breastfeeding comes naturally? Like so many of my peers, I was surprised to encounter all sorts of difficulties with nursing. I relied heavily on my local breastfeeding center to help me diagnose and address the problems I had, an expensive but incredibly helpful service. Had I not been able to afford those hefty out-of-pocket fees, there is no way I could have continued nursing my son, providing him with valuable antibodies and nutrients and strengthening the mother-child bond. The good news is that this August, nursing mothers in new health insurance plans will receive no-cost coverage for lactation supports that include counseling and equipment.
Nursing moms who return to work also will benefit, as I did, from the requirement that large employers provide breaks and a private space for expressing breast milk. I was very thankful for this provision, especially when I heard the horror stories of women who were forced to pump in a bathroom stall or in their cars—or those who were fired for requesting pumping breaks. With such obstacles in place, it is no wonder that only 36 percent of U.S. infants are breastfed past six months, even though the American Academy of Pediatrics recommends nursing through the first year. Obamacare should help that rate finally improve.
Despite these amazing benefits and more, the health reform law is under siege. It risks being overturned by the Supreme Court or repealed by conservative politicians. This Mother’s Day, let’s give moms a gift that is truly important and will really last. Let’s do everything we can to make sure Obamacare is fully implemented and remains the law of the land.
By: Jessica Arons, Center For American Progress, May 11, 2012
Share This Blog
Unknown Feed- An error has occurred; the feed is probably down. Try again later.
mykeystrokes.com 