“Loose Money”: Paul Ryan Just Twisted Himself Into A Knot Trying To Undermine Obama’s Economic Record
It is not surprising that House Speaker Paul Ryan is unimpressed with President Obama’s economic record. What is surprising is who Ryan thinks does deserve credit for helping the recovery: the Federal Reserve.
“I think the Federal Reserve has done more,” the speaker told reporters on Tuesday, after being asked if Obama “deserves any credit at all” for the recovery. “What’s happening is people at the high end are doing pretty darn well because of loose money from the Fed,” he said. This will be news to followers of Ryan’s career. He’s long railed against loose money from the Fed, claiming it will debase the dollar and lead to inflation. (It hasn’t.)
It’s not crazy to claim, as Ryan did, that the Fed’s policies amounts to “trickle down economics.” But there is nothing in Paul Ryan’s history to suggest he thinks monetary policy can help the economy at all, even if it’s just at the top. Plus, if that’s his critique, there are some progressive money-printing enthusiasts — and even some conservative ones — who would probably like to schedule a chat with the speaker.
To recap: Paul Ryan thinks loose money helped the economy. But Paul Ryan opposes loose money. He also thinks loose money favors the rich too much. But shows no indication of wanting to make loose money favor the poor.
By: Jeff Spross, The Week, January 13, 2016
“Critical Role Of Diplomacy”: The GOP Presidential Candidates Really Embarrassed Themselves During The Iran Navy Incident
It was a foreign policy crisis: After an equipment failure rendered their vehicle inoperative, a group of American military personnel had fallen into the hands of an adversarial state far away. How would the president get them back? A daring rescue mission? Threats of military action? Diplomacy? Outright groveling? In the end, he felt he had no choice but to submit to the hostage-takers’ demands, and the government wrote a letter filled with apologetic language (“We are very sorry” for the incident, and “We appreciate” our adversary’s “efforts to see to the well-being of our crew” they held prisoner for 10 days).
You would think that Republicans, who are so committed to the singular importance of “strength” in foreign affairs, would have been outraged and appalled at the weakness shown by the president in this incident. But they weren’t. That’s because the president was George W. Bush, and this was April 2001, when an American spy plane had to make an emergency landing on a Chinese island after a mid-air collision with a Chinese fighter jet. Here’s the letter of apology.
It was hard not to be reminded of that incident 15 years ago when this week two small American naval boats apparently drifted into Iranian territorial waters in the Persian Gulf after engines failed, and the Iranian navy detained them. As soon as the capture of the vessels was reported, Republican politicians stiffened their spines, flexed their pecs, and condemned the wimpy and feckless Obama administration that was obviously going to grovel before the ayatollah, leaving our brave sailors at the mercy of the Iranians for who knows how many days, weeks, or months. “The fact that [the capture] happened is a direct consequence of the weakness of the Obama-Clinton foreign policy,” said Ted Cruz, no doubt thinking wistfully about how if he were in charge, once the boats came up on radar the Iranians would have said, “Let them go where they want — we don’t want to anger President Cruz, who is so strong and resolute.” Joe Scarborough, perhaps caught in the middle of a Charles Atlas workout, tweeted, “Hey Iran, you have exactly 300 days left to push a U.S. president around. Enjoy it while you can. After that, there will be hell to pay.” Jeb Bush, testosterone practically dripping off his iPhone, tweeted, “If our sailors aren’t coming home yet, they need to now. No more bargaining. Obama’s humiliatingly weak Iran policy is exposed again.”
But then something strange happened. Wednesday morning, after only 16 hours, Iran released the sailors back to the United States, along with their boats. And we didn’t even have to bomb anybody.
A few conservatives are currently expressing faux-outrage over photos taken by the Iranians showing the sailors with their hands on their heads during the capture, as though that were some epic humiliation. But what’s important is that the whole matter was settled through a series of phone calls between American and Iranian officials, in which they apparently agreed that nobody was trying to be provocative and it would be best not to blow this out of proportion. Secretary of State John Kerry explicitly made the case that the administration was able to resolve this incident the way it did because of the diplomatic contacts that had been built up during negotiations over Iran’s nuclear program. “We can all imagine how a similar situation might have played out three or four years ago,” he said. “Today, this kind of issue was able to be peacefully resolved and efficiently resolved, and that is a testament to the critical role that diplomacy plays in keeping our country safe, secure and strong.”
So what do we learn from this? First, diplomacy does work. It’s possible that even if we hadn’t spent a couple of years negotiating with Iran, we would have arrived at the same outcome, but it probably didn’t hurt that our officials and their officials have a better relationship today. And it’s hard to imagine that even the most bellicose of Republican candidates wouldn’t have done the same thing the Obama administration did.
Maybe we’re supposed to believe that if someone like Ted Cruz was president and a couple of small boats got captured, when his secretary of state said, “Mr. President, I’ll call their foreign minister and see if we can’t get this taken care of,” he’ll say, “No, Bob — I’m going to go on TV and tell those jerks that if they don’t release our sailors in 10 minutes, we’re letting the bombs fall!” But I doubt it. In the real world, Republicans do diplomacy when the situation demands it too, and I have trouble believing that any politician would be so reckless as to cause a confrontation when it would have been so unnecessary.
Second, it’s a reminder that reducing every foreign policy question to “strength” is idiotic. There are times when strength matters a lot, and times when you have to be smart and restrained. Complaining about the “weakness” of the Obama administration may play well during primary season, but in real foreign policy a nation doesn’t demonstrate strength by going around provoking everything it sees.
That’s how you act when you’re gripped by insecurity and you need to overcompensate. Candidates can live in their fantasy world, where they’re constantly causing dramatic showdowns they always win because of their steely glare. But fortunately for us (and for those 10 sailors), none of them had the chance to test their theory. At least not this time.
By: Paul Waldman, Senior Writer, The American Prospect; Contributor, The Week, January 14, 2016
“I’m No Math Genius, But…”: In Elections, Addition is Always Better Than Subtraction
In the November/December 2015 issue of the Washington Monthly, I wrote a review of Stanley Greenberg’s book America Ascendant. One of the main points Greenberg makes is to outline a reform agenda that Democrats should embrace to win the support of white working class voters.
Greenberg provides polling and focus group data to show strong support from Americans (not just Democrats or Republicans) for the following items: Americans want to protect Medicare and Social Security. They want paid sick days, and access to affordable child care for working mothers and families. They want equal pay for women. They want an affordable college education. And, finally, they want long-term infrastructure investment to rebuild America and create middle-class jobs, while raising taxes on the very rich so they pay their fair share.
I was reminded of that when I read an article by Phillip Rucker and Robert Costa about how Republicans – especially Trump and Cruz – are pinning their presidential hopes on wooing white working class voters. But they have a totally different approach.
Trump is making the most visceral, raw appeal to people who feel left out of the economic recovery and ignored by the political establishment. He espouses hard-line views on immigration that border on nativism, protectionist trade policies and a tough approach with countries like China, Japan and Mexico that he portrays as thieves of U.S. manufacturing jobs…
Trump’s campaign manager, Corey Lewandowski, said the candidate’s words for the working class are deliberately personal. “People don’t feel like these jobs have disappeared,” he said. “They’ve been stolen, and they don’t mind if someone is speaking forcefully about taking them back for blue-collar Americans…”
“None of [the candidates] are saying what they should be saying — ‘Get them out of here’ — except Trump,” said Tim Labelle, 73, a retired auto mechanic who voted for Obama in 2008. “They’re taking our jobs, and they’re gonna take over our whole country if we don’t put an end to it.”
Interestingly enough, Mitt Romney is suggesting another approach – one more in line with what Greenberg outlined.
“As a party we speak a lot about deregulation and tax policy, and you know what? People have been hearing that for 25 years, and they’re getting tired of that message,” Romney said in a recent interview. He added, “I think we’re nuts not to raise the minimum wage. I think, as a party, to say we’re trying to help the middle class of America and the poor and not raise the minimum wage sends exactly the wrong signal.”
So the question becomes: what is the more effective strategy for appealing to white working class voters? Is it the one focused on a nativist appeal or the one that addresses their real economic challenges?
The advantage of the former is that it is animated by emotions – fear and anger – as opposed to a more thoughtful appeal to reason. That carries a lot of currency these days apparently. But to the extent that it might be successful immediately, it is destined to be a problem over the long term. That is because it is, by definition, an either/or formulation that is built on an us/them divide. The more candidates like Trump and Cruz embrace an appeal based on wooing white working class voters by denigrating people of color, the “whiter” their party becomes. That does not bode well given our country’s rapidly changing demographics.
On the other hand, the reform agenda outlined by Greenberg and the proposal Romney embraced about raising the minimum wage are just as appealing to the rising American electorate as they are to white working class voters. In that way, it is focused on a both/and rather than an either/or. I’m no math genius, but when it comes to winning elections, I’m smart enough to know that addition is always more effective than subtraction.
By: Nancy LeTourneau, Political Animal Blog, The Washington Monthly, January 14, 2016
“For The GOP, It’s Always A Base Election”: Only Change Is The Idea Of How To Give The Base What It Wants
I wonder if anyone has come up with workable definition of a base election. The idea is simple enough. Some elections are won not by winning an argument with the other side and persuading swing voters or independents or undecideds, but by doing a better job than your opponents in convincing your core voters to turn out to vote.
It seems to me that this is roughly how the Republicans won the 2004 presidential election, and also probably how they won the 2002 midterms. It’s definitely how they won the midterms in 2010 and 2014. On the other hand, I think the Democrats were successful in 2006 and 2008 precisely because they convinced people in the middle (and even many Republicans) to come over to their side. I think you can probably make the same case for 2012, although that seems to have been more of a hybrid of the two.
In any case, it seems to me that the Republicans last won a presidential election using a base mobilization strategy in 2004, and we shouldn’t forget how close of a call that was. When the polls closed, most people looking at the exit polls thought that John Kerry had won. And he would have won if Bush hadn’t done such a great job getting out his base in Ohio. Yes, there were also shenanigans in Ohio that may have changed the outcome, but it’s definite that the red parts of Ohio turned out in huge numbers, largely motivated by their opposition to gay marriage.
So, 2004 is a fairly recent example that shows that the Republicans could theoretically win a base election. It won’t be easy to replicate, though. First, demographic changes since 2004 have made it harder for the Republicans to win a base election because their base is now smaller and the Democrats’ base is now larger. Second, it helped Bush a lot that he was the incumbent and could direct media coverage and attention at will. It also helped that he had a willing partner in shenanigans in then-Ohio Secretary of State Ken Blackwell.
Since 2004, the Republicans have tried and failed twice to win an election by pandering to their base rather than pursuing voters in the middle. All the proof you need of that is that Sarah Palin and Paul Ryan were chosen as running mates, both of whom were supposed to please the mouth-breathers and rally them to the cause.
After the Republicans lost in 2012, the RNC’s after-report was clear about the futility of trying to win a base election again in 2016. Yet, the idea seems more popular right now than it was in the last two cycles. Perhaps the only thing that’s changed is the idea of how to give the base what it wants. Does it want someone who is frothing at the mouth about immigration even if they’re pretty inconsistent as a conservative on many other issues? Or, are they looking for the most hated man in Washington, DC, just because they hate Washington, DC so very much?
That’s really the choice they have between Trump and Cruz, although Trump promises to at least change the shape of the Republican base. That doesn’t mean he will enlarge it though.
This is admittedly a weird election season and unpredictable, but I think a base election is close to unwinnable for the Republican Party in a presidential year. If they win, I don’t think it will be because their base turned out and the Democrats’ base did not. If they win it will because the persuadable voters liked their candidate better than the Democratic candidate. And the more their candidate panders to the base, the less likely that the persuadable voters will like them better.
By: Martin Longman, Political Animal Blog, The Washington Monthly, January 13, 2016
“Deliberately Trying To Dupe Voters”: Why The GOP’s Fence Fantasy Is A Farce
A long time ago, in a not-so-faraway land, a civilization existed that was governed through a fairly rational political system. Even conservative candidates for high office had to have a good idea or two — and be quasi-qualified.
That land was the USA. It still exists as a place, but these days, Republican candidates don’t even have to be qualified — much less sane — to run for the highest office in the land. All they need is the backing of one or more billionaires, a hot fear-button issue to exploit and a talent for pandering without shame to the most fanatical clique of know-nothings in their party. Also, they must be able to wall themselves off from reality, erecting a wall of political goop around their heads so thick that even facts and obvious truth cannot get through to them.
Indeed, the GOP’s “One Great Issue” of the 2016 campaign for president is: The Wall. Ted Cruz practically snarls when he declares again and again that he’ll “build a wall that works.” Marco Rubio is absolute about it: “We must secure our border, the physical border, with a wall, absolutely.” And Donnie Trump has basically built his campaign atop his fantasy of such an imperial edifice: “We’re going to do a wall,” he commands, as though he’s barking at one of his hotel construction crews.
There are, of course, certain problems that you might expect them to address, such as the exorbitant cost of the thing, the extensive environmental damage it’ll do, and the futility of thinking that people aren’t clever enough to get around, over, under or through any wall. But don’t hold your breath waiting for any common sense to intrude on their macho posturing.
Trump even made a TV ad depicting hordes of marauding Mexicans invading our country — proof that a huge wall is necessary! Only, the film footage he used is not of Mexican migrants, but of Moroccans fleeing into Spain. But after all, when trying to stir up fear of foreigners, what the hell does honesty have to do with it?
A proper wall, we’re told, makes good neighbors. But an 18-foot high, 2,000-mile-long wall goes way beyond proper, and it both antagonizes your neighbor and screams out your own pitiful fear and weakness.
Besides, haven’t we been trying this for years? With the Secure Fence Act of 2006, Congress mandated construction of a wall along the 1,954 miles of our border with Mexico. A decade later, guess how many miles have been completed? About 650. It turns out that erecting a monstrous wall is not so simple after all.
First, it becomes prohibitively expensive — about $10 billion just for the materials to build it from the tip of Texas westward to the Pacific, not counting labor costs and maintenance. Second, there’s the prickly problem of land acquisition — to erect the scattered segments of the first 650 miles of fence, the federal government had to sue hundreds of property owners to take their land. Odd, isn’t it, that right-wing politicos who loudly rail against overreaching Big Government now favor using government muscle to grab private property? Third, it’s impossible to fence the whole border — hundreds of miles of it are in the Rio Grande’s flood plain, and more miles are on the steep mountainous terrain of southern Arizona.
Trump, Cruz, Rubio and the other “just build a wall” simpletons either don’t know what they’re talking about or are deliberately trying to dupe voters. Before you buy a 2,000-mile wall from them, take a peek at the small part already built — because of the poor terrain and legal prohibitions, it’s not one long fence, but a fragment here, and another there, with miles of gaps in between. Anyone wanting to cross into the U.S. can just go to one of the gaps and walk around the silly fence.
By: Jim Hightower, The National Memo, January 13, 2015
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