“Somebody’s Got To Sell That Platform”: Wingnuts’ New 2016 Hero? Marsha Blackburn Is Perfect!
Tennessee Rep. Marsha Blackburn is having a moment, of sorts. An anonymous aide told Real Clear Politics last week that she was going to New Hampshire to “test the waters” for a 2016 presidential run. And why not? Blackburn would be the only woman in the race (so far), and she’s no worse than the rest of the oft-mentioned male candidates.
She’s no better, either, despite being floated as someone who might help Republicans with skeptical women voters. Blackburn, you’ll recall, became the public face of the House GOP’s 20-week abortion ban last year when Rep. Trent Franks said the bill didn’t exempt cases of rape because “the incidence of pregnancy from rape is very low.” She had earlier become a GOP hero for insisting on NBC’s “Meet the Press” that women “didn’t want” pay equity laws. “I’ve always said that I didn’t want to be given a job because I was a female, I wanted it because I was the most well-qualified person for the job,” she told David Gregory. “And making certain that companies are going to move forward in that vein, that is what women want.” In fact, women overwhelmingly want pay equity, and they support laws to achieve it, according to public opinion polls.
Now that pay equity is back in the news, thanks to Democrats pushing the Paycheck Fairness Act, Blackburn is in demand again. She told CBS’s “Face the Nation” Sunday that “we’re all for equal pay.” But the GOP supports neither the Paycheck Fairness Act nor the minimum wage, which would hugely help women, who make up two-thirds of minimum wage workers. “I would love for women to be focused on maximum wage,” Blackburn bizarrely explained. She went on to insist “I have fought to be recognized with equality for a long time. A lot of us get tired of guys condescending to us.”
This is what Republicans hope they can reduce this debate to: complaining about “guys condescending to us,” not guys being paid more, or guys paying less for insurance (as they did before the Affordable Care Act) or guys making laws that tell women what they can do with their bodies.
Appearing at the Freedom Summit in New Hampshire, Blackburn tried out the idea that it’s actually Democrats who are condescending to women.
“Women aren’t a cheap date,” she told conservatives there. “Women want a little bit more out of life than contraceptives.” Describing women as any kind of “date,” whether cheap or expensive, seems condescending to me, but I’m not a Republican woman.
You’ve almost got to feel sorry for Republicans, they seem so clueless about what to do about their problem with female voters. The Associated Press has a story today about a new GOP strategy to court women, which comes down to encouraging male politicians to feature their wives and daughters in campaign ads, and something weirdly called “14 in ’14,” to recruit and train women under 40 to spread the GOP message in the last 14 weeks of the 2014 midterm campaign. That’s not recruiting and training women candidates, mind you, just some young women who will hit the campaign trail in the home stretch on behalf of predominantly male candidates.
It’s worth noting that although Blackburn served in Congress when the GOP held the House, the Senate and the White House, the single piece of legislation I could find that she had signed into law was the Wool Suit Fabric Labeling Fairness and International Standards Conforming Act of 2006. She has also successfully sponsored resolutions renaming various Tennessee Post Office buildings as well as (to her credit) one honoring the late Issac Hayes.
None of that would likely hurt her in the GOP primaries, where Rep. Michele Bachmann and pizza magnate Herman Cain briefly held leads back in 2012.
A Blackburn run isn’t a done deal; a communications staffer denied that she was considering it. “She is running to represent the people of the TN 7th Congressional district,” Darcy Anderson told the Daily Caller. It’s also hard for House members of either party or gender to run for the White House, as they mostly lack a fundraising base and must also run for reelection every two years. Still, I wouldn’t count Blackburn out.
The GOP might be well-served by having a woman at the top of the ticket, at a time when their top priority is a massive transfer of income away from women and back to men, by repealing ACA provisions prohibiting charging women more for insurance. Somebody’s got to sell that platform, and it wouldn’t be the first time a terrible, thankless job got foisted on a woman.
By: Joan Walsh, Editor at Large, Salon, April 14, 2014
“RNC Unveils Its ‘14 In ‘14’ Plan”: A Stroke of Genius, Include More Women In Campaign Ads
When Democratic policymakers started a fight over the Paycheck Fairness Act, Republicans responded by dismissing it as a hollow, election-year stunt. Sure, it was a substantive policy response to a legitimate issue, but GOP officials said the debate itself was little more than a cheap political exercise – which women voters would see through immediately.
And speaking of cheap political exercises that women voters will see through immediately…
The Republican National Committee plans a new initiative, “14 in ‘14,” to recruit and train women under age 40 to help spread the party’s message in the final 14 weeks of the campaign. […]
They are encouraging candidates to include their wives and daughters in campaign ads, have women at their events and build a Facebook-like internal database of women willing to campaign on their behalf.
I see. If Democrats push the Paycheck Fairness Act, they’re cynically trying to give the appearance of helping women in the workplace. But if Republicans include more women in campaign ads, that’s just quality messaging.
The “14 in ‘14” initiative, it’s worth noting, is actually a fallback plan of sorts. The original strategy was to push “Project GROW,” in which Republicans would recruit more women candidates to run for Congress in 2014. That project failed – there are actually going to be fewer Republican women running for Congress in this cycle than in 2012.
Presumably, “encouraging candidates to include their wives and daughters in campaign ads” is intended to compensate for the misstep, while hoping voters overlook the GOP’s opposition to pay-equity legislation and its preoccupation with issues such as restricting women’s reproductive rights and access to contraception?
Greg Sargent also had a good piece questioning the utility of the “14 in ‘14” plan.
Democrats are actively building their women’s economic agenda around the broader idea that women face unique economic challenges. A recent CNN poll found that 55 percent of Americans, and 59 percent of women, don’t believe the GOP understands the problems women face today. A Republican National Committee spokeswoman recently admitted that Republicans need to do a better job appearing in touch with women.
Republicans oppose a minimum wage hike; oppose Dem proposals to address pay inequity (while admitting it is a legitimate problem); and are telling women that their economic prospects can be improved by repealing Obamacare (and its protections for women). Indeed, they are even telling them that the push for pay equity is nothing but a distraction from the health law. Yes, Republicans could win big this fall with such an agenda. But this could also prove another area where structural factors ensure that Republicans win in 2014 in spite of the failure to address the need — which they themselves have acknowledged — to broaden their appeal to women with an eye towards future national elections.
By: Steve Benen, The Maddow Blog, April 14, 2014
“The Missing Generation Of Obama-Inspired Politicians”: Congress Is The Last Place From Which Important Change Is Going To Come
The 2008 Obama presidential campaign, you’ll no doubt remember, was a marvel of social engagement, particularly among young people. They got involved in politics, they saw the potential for change, they sent emails and posted to Facebook and knocked on doors. But as Jason Horowitz reports in The New York Times, not too many of them decided to run for office. I’ll solve that mystery in a moment, but here’s an excerpt:
But if Mr. Lesser, who is on leave from Harvard Law School to run for office, is the face of the promised Obama political generation, he is also one of its few participants. For all the talk about the movement that elected Mr. Obama, the more notable movement of Obama supporters has been away from politics. It appears that few of the young people who voted for him, and even fewer Obama campaign and administration operatives, have decided to run for office. Far more have joined the high-paid consultant ranks.
Unlike John F. Kennedy and Ronald Reagan, who inspired virtual legislatures of politicians and became generational touchstones, Mr. Obama has so far had little such influence. That is all the more remarkable considering he came to office tapping into spirit of volunteerism and community service that pollsters say is widespread and intense among young people. Mr. Obama has come to represent that spirit, but he has failed, pollsters say, to transform it into meaningful engagement in the political process.
There are a bunch of empirical claims here that may be questionable. Are there actually fewer young people running for office six years after Barack Obama got elected than there were in 1966 or 1986? Perhaps, but I don’t know that anyone has determined that for sure. And as for more of Obama staffers going into consulting than running for office, that always happens. You could without question say the same thing about every president since political consulting became an industry. Running for office is something very few people ever do, and for people who are working in politics and want to keep working in politics, the move from staffer to consultant is a natural career progression without huge risks.
More importantly, running for office is just one tiny part of “meaningful engagement in the political process.” What other things have all those former Obama volunteers been doing? The answer may be that they’ve actually been doing quite a bit.
But if mounting a congressional campaign is the one thing they haven’t been doing, it would be hard to blame them (and they may be running for other offices, but national reporters haven’t noticed). The last five years haven’t exactly made being a member of Congress look like the kind of fulfilling endeavor for which you’d make extraordinary life sacrifices. In fact, these days Congress looks like the last place from which important change is going to come. So if you’re an idealistic young person and the prospect of spending the next few years voting against the 50th and 60th and 70th Republican bill to repeal the Affordable Care Act doesn’t stir you to the depths of your soul, it’s hard to say that’s Barack Obama’s failure.
By: Paul Waldman, Contributing Editor, The American Prospect, April 14, 2014
“Three Expensive Milliseconds”: Society Is Devoting An Ever-Growing Share Of Its Resources To Financial Wheeling And Dealing
Four years ago Chris Christie, the governor of New Jersey, abruptly canceled America’s biggest and arguably most important infrastructure project, a desperately needed new rail tunnel under the Hudson River. Count me among those who blame his presidential ambitions, and believe that he was trying to curry favor with the government- and public-transit-hating Republican base.
Even as one tunnel was being canceled, however, another was nearing completion, as Spread Networks finished boring its way through the Allegheny Mountains of Pennsylvania. Spread’s tunnel was not, however, intended to carry passengers, or even freight; it was for a fiber-optic cable that would shave three milliseconds — three-thousandths of a second — off communication time between the futures markets of Chicago and the stock markets of New York. And the fact that this tunnel was built while the rail tunnel wasn’t tells you a lot about what’s wrong with America today.
Who cares about three milliseconds? The answer is, high-frequency traders, who make money by buying or selling stock a tiny fraction of a second faster than other players. Not surprisingly, Michael Lewis starts his best-selling new book “Flash Boys,” a polemic against high-frequency trading, with the story of the Spread Networks tunnel. But the real moral of the tunnel tale is independent of Mr. Lewis’s polemic.
Think about it. You may or may not buy Mr. Lewis’s depiction of the high-frequency types as villains and those trying to thwart them as heroes. (If you ask me, there are no good guys in this story.) But either way, spending hundreds of millions of dollars to save three milliseconds looks like a huge waste. And that’s part of a much broader picture, in which society is devoting an ever-growing share of its resources to financial wheeling and dealing, while getting little or nothing in return.
How much waste are we talking about? A paper by Thomas Philippon of New York University puts it at several hundred billion dollars a year.
Mr. Philippon starts with the familiar observation that finance has grown much faster than the economy as a whole. Specifically, the share of G.D.P. accruing to bankers, traders, and so on has nearly doubled since 1980, when we started dismantling the system of financial regulation created as a response to the Great Depression.
What are we getting in return for all that money? Not much, as far as anyone can tell. Mr. Philippon shows that the financial industry has grown much faster than either the flow of savings it channels or the assets it manages. Defenders of modern finance like to argue that it does the economy a great service by allocating capital to its most productive uses — but that’s a hard argument to sustain after a decade in which Wall Street’s crowning achievement involved directing hundreds of billions of dollars into subprime mortgages.
Wall Street’s friends also used to claim that the proliferation of complex financial instruments was reducing risk and increasing the system’s stability, so that financial crises were a thing of the past. No, really.
But if our supersized financial sector isn’t making us either safer or more productive, what is it doing? One answer is that it’s playing small investors for suckers, causing them to waste huge sums in a vain effort to beat the market. Don’t take my word for it — that’s what the president of the American Finance Association declared in 2008. Another answer is that a lot of money is going to speculative activities that are privately profitable but socially unproductive.
You may object that this can’t be right, that the invisible hand of the market ensures that private returns and social returns coincide. Economists have, however, known for a long time that when it comes to speculation, that proposition just isn’t true. Back in 1815 Baron Rothschild made a killing because he knew the outcome of the Battle of Waterloo a few hours before everyone else; it’s hard to see how that knowledge made Britain as a whole richer. It’s even harder to see how the three-millisecond advantage conveyed by the Spread Networks tunnel makes modern America richer; yet that advantage was clearly worth it to the speculators.
In short, we’re giving huge sums to the financial industry while receiving little or nothing — maybe less than nothing — in return. Mr. Philippon puts the waste at 2 percent of G.D.P. Yet even that figure, I’d argue, understates the true cost of our bloated financial industry. For there is a clear correlation between the rise of modern finance and America’s return to Gilded Age levels of inequality.
So never mind the debate about exactly how much damage high-frequency trading does. It’s the whole financial industry, not just that piece, that’s undermining our economy and our society.
By: Paul Krugman, Op-Ed Columnist, The New York Times, April 13, 2014
“Walmart On Welfare”: The First 39 Minutes You Are On The Job Each Week Goes To Provide Welfare For Walmart And The Waltons
Next time you drive past a Walmart, think about how much in taxes you pay to subsidize the nation’s largest private employer, owned by the nation’s richest family.
Your cost this year: $247 if you are single, $494 if you are a couple, and $987 if you are a couple with two kids.
And you pay whether or not you shop at Walmart or its Sam’s Clubs.
Put another way, if you are single and a minimum-wage earner, the first 39 minutes you are on the job each week just goes to provide welfare for Walmart and the Waltons.
For a family of four, the cost of welfare for Walmart and the Waltons probably comes to more than your weekly take-home pay, based on government data on incomes.
American taxpayer money explains almost a third of Walmart’s worldwide pretax profits last year. But that understates the scale of taxpayer assistance to the retailer, which made 29 percent of its sales overseas last year.
Figure about 44 percent of Walmart’s domestic pretax profits were contributed by local, state and federal taxpayers directly and indirectly, based on company disclosure statements.
These figures on welfare for Walmart and the Waltons were calculated from a report released today by Americans for Tax Fairness, part of a broad coalition of union, civil rights and other organizations trying to shame the Walton family into paying wages that if not good, are at least enough to make sure Walmart employees do not qualify for food stamps.
So far the Waltons have shown themselves to be shameless and utterly unapologetic for foisting any of their costs onto taxpayers instead of earning their way in the marketplace.
This is in a way not surprising. The best-known heir of the retailing innovator Sam Walton, his daughter Alice, 64, has a long history of drunk-driving accidents, including killing a woman hit by her vehicle.
While repeat drunk drivers are routinely prosecuted in most jurisdictions, often as a matter of policy, and upon conviction get the time behind bars their conduct deserves, to date no law enforcement agency has seen fit to prosecute Alice Walton. Instead she basks in the glow of encomiums for the philanthropy enabled by the fortune her father built and boosted by the steady flow of money taxpayers are forced to give her, her relatives and other Walmart investors.
Compared to this taxpayer largesse, Walton philanthropy is small change.
The Walton Family Foundation ranks 22nd in America with $2.2 billion in assets, which may seem large. But Walmart and the Waltons have already extracted that much from the taxpayers this year. In fact they hit about $2.2 billion of taxpayer subsidies on Saturday, April 12, based on the Americans for Tax Fairness report.
The $7.8 billion a year annual cost estimate in the new report is based on a study last year by the House Education and the Workforce Committee Democratic staff. It showed that each Walmart in Wisconsin costs taxpayers between $905,000 and $1.75 million in welfare costs.
Americans for Tax Fairness extrapolated to all the Walmarts in America based on that study and then took into account other costs taxpayers are forced to bear to subsidize the company and, thus, its controlling owners, the Waltons.
The study estimates that if the subsidy costs were divided equally among the company’s 1.4 million American workers, the cost would be $4,415 per Walmart employee.
Welfare for Walmart workers, the Americans for Tax Fairness report says, costs $6.2 billion, making it by far the bulk of the costs taxpayers must bear.
The study estimates that only $70 million is for the use of tax dollars to build Walmart stores, distribution centers and other property provided by the largesse of the taxpayers. That number is small because Walmart has pretty much built out across America.
To date Walmart has probably received $1.5 billion from taxpayers to build and equip stores, distribution centers and other buildings, according to Phil Mattera, research director at Good Jobs First, which on a budget of about $1 million annually has for years dragged out of local, state and federal officials details of how much welfare Walmart gets.
The discounted rates at which dividends are taxed, a policy first put forth by then-President George W. Bush in 2003, save the Walton heirs $607 million in taxes annually, the Americans for Tax Fairness report calculated from company disclosure reports.
One aspect of the report should be regarded with caution.
Americans for Tax Fairness says Walmart saves $1 billion each year by taking advantage of an almost universally used method to deduct the value of new equipment quickly rather than slowly. It is called accelerated depreciation.
That lowers taxes in the early years after an investment is made, but it means higher taxes in later years. The proper way to measure this is how much less the future taxes are worth because they are delayed between one and 20-plus years. A more realistic figure is probably $100 million, a tenth of what the report says.
Despite this, I used the report’s estimate of accelerated depreciation costing $1 billion annually in calculating how much it costs you to subsidize Walmart and the Waltons.
That caveat presented, the core issue here is why does Walmart need welfare? Indeed, why has welfare become almost universal among large American companies, some of which derive all of their profits from stealth subsidies?
Walmart is far from alone among big corporations that do not depend on what they can earn in the marketplace, but instead extract your tax dollars to juice their profits.
Every big company I know of (except one) not only takes from the taxpayers, but has its hands out for all the welfare it can collect in the form of tax dollars paying for new buildings, exemptions from taxes, discounted electricity, free job training and all sorts of regulatory rules that thwart competition and artificially inflate prices. From Alcoa and Boeing on through the alphabet, America’s big companies – and a lot of foreign-owned companies – are on the dole.
The one exception is Gander Mountain, a chain of retail stores that sells sporting goods, especially for hunting and fishing. It refuses all welfare and once sent a check for $1 million to a municipal agency after being alerted to a hidden subsidy.
Imagine how much more money you would have in your pocket if the Waltons stood on their own proverbial two feet, pulled themselves up by their own bootstraps, and gave back all the welfare they have taken year after year after year.
Then ask yourself why you voted for any politician in either party who has not introduced legislation and regulations to stop this and recover that money – with interest.
By: David Cay Johnson, The National Memo, April 14, 2014