“The Junk Politics Of 2015”: You’re Getting A Sugar High, It Feels Good, It Won’t Last, And Ultimately, It’ll Make You Sick
When you eat a bowl of Simply Granola in the morning, you may think you’re making a healthy start to the day, courtesy of Quaker Oats. But you’re taking in the amount of sugar in almost four Oreo cookies.
When you listen to the politicians who want to lead the United States through the treacherous early 21st century, you may think you’re doing your job as a citizen of this clamorous and vulgar democracy of ours. You’re not. You’re getting a sugar high. It feels good. It won’t last. And ultimately, it’ll make you sick.
I’ve been trying to eat healthy, metaphorically, for the month of August. But it’s been a bust. There’s just too much bad stuff to binge on. We have a pending deal with Iran that could imperil Israel, or make the Mideast safer for a decade. We have an approaching visit of a transitional pope. We have a fledgling health care plan that’s given coverage to 15 million Americans who never had any — and one party wants to take it away. And we’re muddling through the hottest year on record, so far, surpassing the last warmest one, 2014.
And yet, what are the leaders-in-waiting talking about? Roll the highlight reel of our junk politics, starting with the also-rans:
At least one Republican wants to sic the Internal Revenue Service on his political enemies. So promised Gov. Bobby Jindal of Louisiana, in a remarkable statement overlooked at the kids’ table debate last week. “I guarantee you under President Jindal, January 2017, the Department of Justice and the I.R.S. and everybody else we can send from the federal government will be going into Planned Parenthood.”
Other Republicans think we should be living in a theocracy. “It’s time we recognize the Supreme Court is not the Supreme Being,” said Mike Huckabee, the former governor of Arkansas, testing the latest version of his church-lady demagogy. He wants to ignore the high court on both gay marriage and abortion — breaking the law while waving his Bible.
Huckabee would also use the force of government to intervene with any woman seeking an abortion, claiming a constitutional right, the 14th and 5th Amendments, to protect a zygote. When he mentioned this Brave New World idea in the debate, no one challenged him. Instead, other candidates were equally extreme, refusing to make abortion exceptions even when the life of a woman is at stake. This is junk women’s health care, driven by religious fanaticism.
More empty calories: Scott Walker, the governor whose foreign policy experience is limited to breakfast at the old International House of Pancakes, threatens to start at least two wars upon taking office. He promises to use military action if necessary to coax Iran into doing what he wants it to do. He also wants to pick a fight with Russia, sending weapons to Ukraine and erecting a missile defense system in Poland and the Czech Republic.
Walker’s home state of Wisconsin ranks 35th in private sector job creation. But New Jersey is worse, suffering nine credit downgrades and ranking near the bottom in job growth. Even the governor of the state, Chris Christie, would not rise to Jersey’s defense after fellow candidates described Atlantic City as something akin to Baghdad on a hangover.
Those governors want to apply their ruinous models to the rest of the country. In the same vein, a failed former chief executive officer, Carly Fiorina, having fired 30,000 employees and driven her company’s stock price into the ground, feels more qualified than ever to be president. She’s never held elective office and rarely voted while living in California. A junk comeback.
Which gets us to Donald Trump, who boasts of four company bankruptcies, and paying people to come to his wedding. He is “a very smart person” and will be “phenomenal to the women” just like “the blacks.” It’s hard for women to attack him, he says, “because I’m so good-looking.”
Normal politics can’t explain Trump. For that you need Freud. Trump fits the classic definition of narcissistic personality disorder, as Marc C. Johnson, an astute observer of American politics, noted in a recent blog post. Everything that comes out of Trump’s mouth is junk, but at least it fits a pattern.
Finally, to the Democrats. A 73-year-old socialist, Senator Bernie Sanders of Vermont, is getting lots of attention because Hillary Clinton’s email story is boring, by Clinton scandal standards. When a noisy intruder, an African-American, jumped to the podium and refused to let Sanders speak, it was widely interpreted as a big problem for the candidate and race relations.
Wrong. The censor with the mouth was, it turns out, a self-described “extremist Christian,” from a family that once backed Sarah Palin. Some members of Black Lives Matter distanced themselves from her.
How did this stunt become a thing among the national press corps? Junk media. Sadly, the sugar high goes two ways.
By: Timothy Egan, Contributing Op-Ed Writer, The New York Times, August 14, 2015
“G.O.P. Candidates And Obama’s Failure To Fail”: Republicans Had Nothing To Say About Any Of The Supposed Obama Disaster Areas
What did the men who would be president talk about during last week’s prime-time Republican debate? Well, there were 19 references to God, while the economy rated only 10 mentions. Republicans in Congress have voted dozens of times to repeal all or part of Obamacare, but the candidates only named President Obama’s signature policy nine times over the course of two hours. And energy, another erstwhile G.O.P. favorite, came up only four times.
Strange, isn’t it? The shared premise of everyone on the Republican side is that the Obama years have been a time of policy disaster on every front. Yet the candidates on that stage had almost nothing to say about any of the supposed disaster areas.
And there was a good reason they seemed so tongue-tied: Out there in the real world, none of the disasters their party predicted have actually come to pass. President Obama just keeps failing to fail. And that’s a big problem for the G.O.P. — even bigger than Donald Trump.
Start with health reform. Talk to right-wingers, and they will inevitably assert that it has been a disaster. But ask exactly what form this disaster has taken, and at best you get unverified anecdotes about rate hikes and declining quality.
Meanwhile, actual numbers show that the Affordable Care Act has sharply reduced the number of uninsured Americans — especially in blue states that have been willing to expand Medicaid — while costing substantially less than expected. The newly insured are, by and large, pleased with their coverage, and the law has clearly improved access to care.
Needless to say, right-wing think tanks are still cranking out “studies” purporting to show that health reform is a failure. But it’s a losing game, and judging from last week’s debate Republican politicians know it.
But what about side effects? Obamacare was supposed to be a job-killer — in fact, when Marco Rubio was asked how he would boost the economy, pretty much all he had to suggest was repealing health and financial reforms. But in the year and a half since Obamacare went fully into effect, the U.S. economy has added an average of 237,000 private-sector jobs per month. That’s pretty good. In fact, it’s better than anything we’ve seen since the 1990s.
Which brings us to the economy.
There was remarkably little economic discussion at the debate, although Jeb Bush is still boasting about his record in Florida — that is, his experience in presiding over a gigantic housing bubble, and providentially leaving office before the bubble burst. Why didn’t the other candidates say more? Probably because at this point the Obama economy doesn’t look too bad. Put it this way: if you compare unemployment rates over the course of the Obama administration with unemployment rates under Reagan, Mr. Obama ends up looking better – unemployment was higher when he took office, and it’s now lower than it was at this point under Reagan.
O.K., there are many reasons to qualify that assessment, notably the fact that measured unemployment is low in part because of a decline in the percentage of Americans in the labor force. Still, the Obama economy has utterly failed to deliver the disasters — hyperinflation! a plunging dollar! fiscal crisis! — that just about everyone on the right predicted. And this has evidently left the Republican presidential field with nothing much to say.
One last point: traditionally, Republicans love to talk about how liberals with their environmentalism and war on coal are standing in the way of America’s energy future. But there was only a bit of that last week — perhaps because domestic oil production has soared and oil imports have plunged since Mr. Obama took office.
What’s the common theme linking all the disasters that Republicans predicted, but which failed to materialize? If I had to summarize the G.O.P.’s attitude on domestic policy, it would be that no good deed goes unpunished. Try to help the unfortunate, support the economy in hard times, or limit pollution, and you will face the wrath of the invisible hand. The only way to thrive, the right insists, is to be nice to the rich and cruel to the poor, while letting corporations do as they please.
According to this worldview, a leader like President Obama who raises taxes on the 1 percent while subsidizing health care for lower-income families, who provides stimulus in a recession, who regulates banks and expands environmental protection, will surely preside over disaster in every direction.
But he hasn’t. I’m not saying that America is in great shape, because it isn’t. Economic recovery has come too slowly, and is still incomplete; Obamacare isn’t the system anyone would have designed from scratch; and we’re nowhere close to doing enough on climate change. But we’re doing far better than any of those guys in Cleveland will ever admit.
By: Paul Krugman, Op-Ed Columnist, The Washington Post, August 10, 2015
“Racism And Classism”: Ben Carson Makes The Leap That Far Too Many People Do To Avoid The Topic Of Racism
It’s clear that the reason Ben Carson got a jump in the polls after the first Republican debate is because he said this:
You know, we have the purveyors of hatred who take every single incident between people of two races and try to make a race war out of it, and drive wedges into people. And this does not need to be done.
What we need to think about instead — you know, I was asked by an NPR reporter once, why don’t I talk about race that often. I said it’s because I’m a neurosurgeon. And she thought that was a strange response. And you say — I said, you see, when I take someone to the operating room, I’m actually operating on the thing that makes them who they are. The skin doesn’t make them who they are. The hair doesn’t make them who they are. And it’s time for us to move beyond that.
But then his whole campaign got derailed when it was made public that he had participated in research using fetal tissue from abortions. After attempting to make excuses for his blatant hypocrisy in condemning Planned Parenthood, Carson tried to get things back on track by writing an op-ed for The Hill.
Cason begins by relaying some of his own story and then suggests that he is going to use his own experience to talk about racism.
But the major factor in how my life has turned out was — and is — my attitude and ability to choose the object of my concentration.
My views on race in this country start from that perspective. While I advocate for a colorblind society, I am by no means blind to the reality of racism. But again it comes down to a matter of focus. I believe that if we focus on what divides us rather than what unites us, we impede our ability to transcend differences and work together constructively toward a better future for all Americans.
What follows is actually NOT a discussion of racism in this country – but a discussion about poverty, and what we should/shouldn’t do about it (hint: same old Republican line about the failure of the war on poverty).
The reason this is so interesting is that within the scope of a few sentences, Carson makes the leap that far too many people do to avoid the topic of racism. By switching to a discussion of poverty, his prescriptions are all about what poor (i.e., black) people need to do to stop being poor. If you think that has anything to do with racism, you just put the whole onus of stopping it on poor black people. Here’s how Carson does that:
The assumption that people are “poor” grounds them in a mentality that reduces agency and creates more dependency. And more tragically, it obscures the reality that there is an abundance of opportunity that is ready for people who want to avail themselves of it.
This is why it is so important for white progressives to get this right. The impetus for the Black Lives Matter movement is the killing of black people – often by police officers. I can’t think of one of those deaths that was related to poverty. Many of the victims were actually middle class. It is the “mentality” of those who pulled the trigger (usually white men) that is the problem.
By: Nancy LeTourneau, Political Animal Blog, The Washington Monthly, August 15, 2015
“Rand Paul, Falling Flat”: The Candidate Everyone Thought Could Change The Republican Party Is Completely Collapsing
The moment one veteran Republican strategist realized Sen. Rand Paul (R-Kentucky) was flailing as a presidential candidate came when he suddenly decided to take on Donald Trump last week at the first presidential debate.
Challenging Trump’s refusal to pledge support for the eventual nominee should have been a moment that earned Paul some credibility among Republicans frustrated with Trump’s rise.
But it ended up falling flat.
“It just missed the mark,” the strategist said. “He didn’t give off a good vibe doing it.”
Last fall, Time magazine declared Paul the “most interesting man in politics” and stamped him on its cover. Paul launched his campaign earlier this year pledging that he was a “different kind of Republican.”
Four months later, though it’s still early in a crowded, fluid race, it’s clear that many Republicans want different — but not him.
His campaign is struggling to keep up with his rivals in fundraising. Two of his political allies running an outside super PAC supporting his candidacy were recently indicted on campaign-finance fraud charges. Significant plunges in polling are starting to correspond.
And Trump has an aggressive counterpunch. In a raging statement responding to Paul, the real-estate tycoon took him to task for running for reelection to the Senate at the same time he’s campaigning for president.
“I feel sorry for the great people of Kentucky who are being used as a back up to Senator Paul’s hopeless attempt to become President of the United States — weak on the military, Israel, the Vets and many other issues. Senator Paul has no chance of wining the nomination and the people of Kentucky should not allow him the privilege of remaining their Senator,” Trump said.
Trump further called Paul’s operation a “total mess” and said the senator should leave the race.
“Rand should save his lobbyist’s and special interest money and just go quietly home,” he declared. “Rand’s campaign is a total mess, and as a matter of fact, I didn’t know he had anybody left in his campaign to make commercials who are not currently under indictment!”
Polls trickling out after the debate have underscored the challenge ahead for Paul and have led to speculation that he could be one of a handful of GOP candidates who drops out before the Iowa caucuses next year.
Paul now sits just ninth in the first-caucus state of Iowa, according to an average of three polls of the state that have been released this week. One of those polls, from Suffolk University, showed his support plunging to just 2% of likely Republican caucus-goers in Iowa. That put him behind such candidates as Ohio Gov. John Kasich (R), who has been diverting most of his early-state resources to New Hampshire.
Iowa will be especially important for Paul, whose father, Ron, scored with its voters during his previous presidential runs. Matt Kibbe, the director of one super PAC supporting Rand Paul, told Politico in July that the group only had paid staff in Iowa because “it matters so much.”
But Paul hasn’t shown many signs that he will successfully hold onto his father’s voters, let alone significantly expand upon that base. And the indictment of the two allies, which stems from their work on Ron Paul’s campaign in 2012, revolves around an alleged money-for-endorsement scheme involving former Iowa State Sen. Kent Sorenson (R), who already pleaded guilty to concealing campaign expenditures.
A Public Policy Polling survey released this week showed Rand Paul with the worst net-favorability rating among all GOP candidates. His standing in Iowa has plunged from 10% in April to just 3% now.
“The biggest loser in the poll is Rand Paul,” PPP director Tom Jensen wrote. “Paul’s been foundering anyway, and his campaign’s ties to the Kent Sorenson mess are probably making things particularly bad for him in Iowa.”
Things aren’t looking much better in New Hampshire, where Paul was thought to potentially capitalize on its independent-leaning primary electorate, and where his father had two strong showings.
According to a Franklin Pierce University/Boston Herald poll released this week, Paul has seen his favorability rating dip from a positive 57-24 margin in March to a negative 44-45 margin in August. His support in the state also plunged from 13% in March to just 6% now. It put him behind better-funded candidates investing significant resources into the Granite State, like Kasich (12%) and former Florida Gov. Jeb Bush (13%).
During the Republican presidential debate last week, Paul used polls as a major selling point for why Republicans should support his candidacy.
“I’m the only one that leads Hillary Clinton in five states that were won by President Obama. I’m a different kind of Republican,” he said in his closing statement.
But the polls he’s referring to are from March and April. Perhaps in a sign of his diminished standing, the same polling outlet that found him leading Clinton narrowly in those states — Quinnipiac University — instead measured Clinton’s strength against Republican candidates Bush, Wisconsin Gov. Scott Walker (R), and Sen. Marco Rubio (R-Florida) in a poll conducted earlier this month.
“His campaign has been in free-fall,” said Greg Valliere, the chief political strategist at the Potomac Research Group, of Paul’s debate performance.
“Paul didn’t help himself much last night.”
By: Brett LoGiurato, Business Insider, August 15, 2015
“The Outrageous Ascent Of CEO Pay”: Corporate Law In The United States Gives Shareholders At Most An Advisory Role
The Securities and Exchange Commission approved a rule last week requiring that large publicly held corporations disclose the ratios of the pay of their top CEOs to the pay of their median workers.
About time.
For the last 30 years almost all incentives operating on American corporations have resulted in lower pay for average workers and higher pay for CEOs and other top executives.
Consider that in 1965, CEOs of America’s largest corporations were paid, on average, 20 times the pay of average workers.
Now, the ratio is over 300 to 1.
Not only has CEO pay exploded, so has the pay of top executives just below them.
The share of corporate income devoted to compensating the five highest-paid executives of large corporations ballooned from an average of five percent in 1993 to more than 15 percent by 2005 (the latest data available).
Corporations might otherwise have devoted this sizable sum to research and development, additional jobs, higher wages for average workers, or dividends to shareholders – who, not incidentally, are supposed to be the owners of the firm.
Corporate apologists say CEOs and other top executives are worth these amounts because their corporations have performed so well over the last three decades that CEOs are like star baseball players or movie stars.
Baloney. Most CEOs haven’t done anything special. The entire stock market surged over this time.
Even if a company’s CEO simply played online solitaire for 30 years, the company’s stock would have ridden the wave.
Besides, that stock market surge has had less to do with widespread economic gains than with changes in market rules favoring big companies and major banks over average employees, consumers, and taxpayers.
Consider, for example, the stronger and more extensive intellectual-property rights now enjoyed by major corporations, and the far weaker antitrust enforcement against them.
Add in the rash of taxpayer-funded bailouts, taxpayer-funded subsidies and bankruptcies favoring big banks and corporations over employees and small borrowers.
Not to mention trade agreements making it easier to outsource American jobs, and state legislation (cynically termed “right-to-work” laws) dramatically reducing the power of unions to bargain for higher wages.
The result has been higher stock prices but not higher living standards for most Americans.
Which doesn’t justify sky-high CEO pay unless you think some CEOs deserve it for their political prowess in wangling these legal changes through Congress and state legislatures.
It even turns out the higher the CEO pay, the worse the firm does.
Professors Michael J. Cooper of the University of Utah, Huseyin Gulen of Purdue University and P. Raghavendra Rau of the University of Cambridge, recently found that companies with the highest-paid CEOs returned about 10 percent less to their shareholders than do their industry peers.
So why aren’t shareholders hollering about CEO pay? Because corporate law in the United States gives shareholders at most an advisory role.
They can holler all they want, but CEOs don’t have to listen.
Larry Ellison, the CEO of Oracle, received a pay package in 2013 valued at $78.4 million, a sum so stunning that Oracle shareholders rejected it. That made no difference because Ellison controlled the board.
In Australia, by contrast, shareholders have the right to force an entire corporate board to stand for re-election if 25 percent or more of a company’s shareholders vote against a CEO pay plan two years in a row.
Which is why Australian CEOs are paid an average of only 70 times the pay of the typical Australian worker.
The new SEC rule requiring disclosure of pay ratios could help strengthen the hand of American shareholders.
The rule might generate other reforms as well – such as pegging corporate tax rates to those ratios.
Under a bill introduced in the California legislature last year, a company whose CEO earns only 25 times the pay of its typical worker would pay a corporate tax rate of only seven percent, rather than the 8.8 percent rate now applied to all California firms.
On the other hand, a company whose CEO earns 200 times the pay of its typical employee, would face a 9.5 percent rate. If the CEO earned 400 times, the rate would be 13 percent.
The bill hasn’t made it through the legislature because business groups call it a “job killer.”
The reality is the opposite. CEOs don’t create jobs. Their customers create jobs by buying more of what their companies have to sell.
So pushing companies to put less money into the hands of their CEOs and more into the hands of their average employees will create more jobs.
The SEC’s disclosure rule isn’t perfect. Some corporations could try to game it by contracting out their low-wage jobs. Some industries pay their typical workers higher wages than other industries.
But the rule marks an important start.
By: Robert Reich, The Robert Reich Blog, August 9, 2015
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