“The Koch-Tested, Koch-Approved Version”: Paul Ryan’s Faux Populism Isn’t Going To End Poverty Or Reduce Inequality
Paul Ryan’s fellow Republicans are quick to dismiss Elizabeth Warren as too radical, too progressive, too populist.
But Ryan is trying—a bit clumsily, but trying all the same—to borrow a page from the Massachusetts senator as he seeks to remake himself in anticipation of a potential 2016 run for the Republican presidential nomination. He’s talking about poverty, about inequality, about shifting the focus away from meeting the demands of corporations and toward meeting the needs of Americans.
Mitt Romney’s running mate is abandoning Romneyism for populism—or what former Secretary of Labor Robert Reich has referred to as “Paul Ryan’s Faux Populism.”
Instead of repeating the Mittnomers of 2012—“Corporations are people, my friend”—Ryan is suddenly informing fellow conservatives, “There’s another fallacy popular among our ranks. Just as some think anything government does is wrong, others think anything business does is right. But in fact they’re two sides of the same coin. Both big government and big business like to stack the deck in their favor. And though they are sometimes adversaries, they are far too often allies.”
It is hard to argue with Ryan’s reasoning. Populists and progressives have warned for more than a century that corporations are “boldly marching, not for economic conquests only, but for political power.” The author of those words, former Wisconsin Supreme Court Justice Edward Ryan , asked in 1873: “Which shall rule—wealth or man; which shall lead—money or intellect; who shall fill public stations—educated and patriotic free men, or the feudal serfs of corporate capital?” Elizabeth Warren confirmed Ryan’s worst fears when she addressed Netroots Nation last week and declared, “The game is rigged and the rich and the powerful have lobbyists and lawyers and plenty of friends in Congress. Everybody else, not so much.”
And now, Paul Ryan is on-message, announcing as only a career politician can, that “our country has had enough of politics.” He’s proposing to “reconceive the federal government’s role in the fight against poverty.” And he is even ripping corporations, decrying the way in which big government has become “a willing accomplice” of big business.
Ryan explained last week at Hillsdale College’s Center for Constitutional Studies and Citizenship session that “crony capitalism isn’t a side effect; it’s a direct result of big government.”
Grab the pitchforks!
But don’t look for Paul Ryan on the front lines of actual fights to reduce inequality or address injustice.
The House Budget Committee chairman, who on Thursday released an “anti-poverty proposal” that rehashed decades-old schemes to scale back anti-poverty initiatives and regulatory protections for low-income Americans, offers scant evidence of a serious determination to solve the problems that have got Americans up in arms. If Ryan was serious, he wouldn’t be proposing, as his “Opportunity Grant” plan does, to “consolidate” existing federal programs to aid the poor into block grants to the states—an approach that would allow Republican governors who have already shown a penchant for undermining healthcare, food-stamp and education initiatives the “flexibility” to do even more harm.
Congressman Chris Van Hollen, a Maryland Democrat who serves with Ryan on the Budget Committee, nails it when he warns about a proposal that “uses the sunny language of ‘reform’ as a guise to cut vital safety-net programs.”
So if the congressman is not worried about developing a serious response to the problem of inequality, what is on his mind?
Ryan is worried about solving his own problem: an association in the public’s mind with the failed messages of the 2012 Romney-Ryan campaign.
Last week’s populist speech at the Center for Constitutional Studies and Citizenship and this week’s poverty speech at the American Enterprise Institute begin the roll-out of Paul Ryan Version 2.0. Next comes the August publication of Ryan’s 2016 campaign book, The Way Forward: Renewing the American Idea, complete with its epic cover shot of Americans reaching out to touch a triumphal Ryan. Then there’s the bus tour.
Yes, the bus tour.
So Ryan is campaigning. To the extent that it is possible he will do so in populist style and with populist rhetoric about crony capitalism and fighting poverty.
But don’t be confused.
This is still the same Paul Ryan who went to the floor of the House in 2008 and rallied Republicans to support the Wall Street bailout. This is still the same Paul Ryan who opposed regulation of the big banks. This is still the same Paul Ryan who supported and continues to support) the free trade deals demanded by multinational corporations. This is still the same Paul Ryan who has peddled Social Security, Medicaid and Medicare “reforms” that would turn sound programs into vehicles for steering federal funds into the accounts of Wall Street speculators and health-insurance corporations.
This is still the same Paul Ryan who during the current election cycle has padded his campaign committee and “leadership PAC” accounts with almost $9 million in donations—with Wall Street securities and investment interests and the health-insurance industry giving most generously. And this is the same Paul Ryan who, when Congress took its August break in 2013 jetted home to Wisconsin via Arizona—where he was a featured speaker at the annual retreat for billionaire donors organized by the Koch brothers.
The other featured speaker was then–House majority leader Eric Cantor, for whom the ensuing months did not go well. Cantor’s Republican primary defeat—at the hands of a critic of “crony capitalism”—provided an indication that the American people are increasingly agitated. And increasingly disinclined toward the sort of insider politics practiced by career politicians such as Ryan.
Ryan got the signal.
He is rebranding himself.
He has downloaded some populist rhetoric to go with his “kinder, gentler” talk about poverty.
But Paul Ryan’s populism is not the real thing. It’s the Koch-tested, Koch-approved version.
By: John Nichols, The Nation, July 24, 2014
“Doomsday Prepper Economics”: The Weird Obsession That’s Ruining The GOP
Call it doomsday prepper economics. For more than five years, many Republicans and conservatives have warned that catastrophe is nigh. Washington’s deficit spending and the Federal Reserve’s excessive money printing will lead to a financial crisis worse than the Great Recession, they prophesied. Inflation will skyrocket, the dollar will collapse, and the Chinese will dump treasuries, they swore. As Ron Paul, the libertarian former GOP congressman and presidential candidate, said back in 2009: “More inflation is absolutely the wrong way to go. We’re taking a recession and trying to turn it into a depression. We’re going to see a real calamity.”
Many GOP politicians have since echoed Paul’s prediction. But the Next Great Inflation never happened. The Consumer Price Index, including food and energy, has risen by an annual average of just 1.6 percent since 2008, below the Fed’s 2 percent inflation target. During the Great Inflation of the 1970s and early 1980s, by contrast, prices rose five times faster.
This information isn’t a secret. The Labor Department releases inflation data monthly on its website. Yet inflation fears still rage on the right. Those concerns are a big reason why Republicans continue to push for a balanced budget ASAP. They’re why the GOP wants to saddle the Fed with restrictive new rules.
Regardless of the potential merits of those policy ideas, the inflation alarmism driving them is taking a weird turn. Some Republicans and conservatives now argue that Washington is figuring inflation all wrong, maybe even intentionally. Better, they say, to trust independent outside sources such as the website ShadowStats, which “exposes and analyzes flaws” in government economic data. According to one set of ShadowStats calculations, the true inflation rate is nearly 10 percent today. The inflation truth is out there.
In a recent National Review Online article, conservative author Amity Shlaes approvingly cites ShadowStats as supporting her thesis that “inflation is higher than what the official data suggest.” Others fans include conservative intellectual Niall Ferguson, Sen. Tom Coburn (R-Okla.), and a good chunk of the conservative blogosphere.
ShadowStats’ popularity on the right is crazy — because the site’s methodology has been roundly ridiculed by both economists and business journalists. Critics also note that the subscription price for the ShadowStats newsletter has remained unchanged for years. Inflation for thee, but not for me. Beyond that, MIT’s Billion Price Project, which tracks prices from online retailers every day, puts U.S. inflation at just over 2 percent. And consider this: If inflation were really 10 percent, that would mean the real economy, adjusted for inflation, has been sharply shrinking — yet somehow still adding 2 million net new jobs a year.
If GOP inflationistas had their way, the weak U.S. recovery would almost surely be even weaker. Just look at Europe. Unlike the Fed, the inflation-phobic European Central Bank sat on its hands despite weak growth. The result has been an unemployment rate nearly twice America’s and a nasty double-dip recession. Of course, inflation is lower than in America — so low, in fact, that the region risks a dangerous deflationary spiral of falling prices and falling wages.
Why this GOP inflation obsession? Maybe it’s a legacy of how rapidly rising prices in the 1970s swept conservatives into power in both America and Great Britain. Maybe it’s how many conservative talk radio shows are sponsored by gold companies who stand to benefit from inflation hysteria. Maybe it’s a belief that every single economic metric must be a nightmare under President Obama.
But whatever the reason, the GOP’s preoccupation with phantom price increases is distracting it from the actual problems afflicting the U.S. economy — such as low social mobility, stagnant wages, and the decline of middle-class work. The price of not addressing those issues is rising every year. And that is the kind of inflation worth obsessing over.
By: James Pethokoukis, DeWitt Wallace Fellow at the American Enterprise Institute: The Week, July 23, 2014
“Marco Rubio’s Unique Take On History”: Way, Way, Way Back To The Future
Sen. Marco Rubio (R-Fla.) generated quite a few headlines in his interview with NPR’s Steve Inskeep this week, but not necessarily for the right reasons.
The story that got tongues wagging inside the Beltway was hard to miss: the conservative senator dismissed former Secretary of State Hillary Clinton’s presidential future, arguing the nation is at a “generational, transformational crossroads,” and Clinton is “a 20th century candidate.”
Maybe it’s just me, but hearing a far-right lawmaker who opposes marriage equality, supports limits on contraception access, opposes reproductive rights, balks at ENDA, and fails to believe in climate science turn around and present himself as a forward-thinking leader for the future is a bit much. As Barbara Morrill joked, Rubio’s “the guy for a generational, transformational change. Assuming you’re talking about a transformation back to the 19th century.”
But just as interesting were the senator’s comments about comprehensive immigration reform, which Rubio co-sponsored in the Senate, which passed a bill fairly easily last year.
“I’ve been through this now, I was involved in the effort. I warned during that effort that I didn’t think it did enough on this first element, the [border] security front. I was proven, unfortunately, right by the fact that it didn’t move in the House.”
As the senator probably knows, this assessment doesn’t line up especially well with what’s actually transpired.
As Rubio now sees it, immigration reform died because the Senate bill – which is to say, Rubio’s bill – came up short on border security. We know this is wrong. To shore up GOP support in the upper chamber, the bill’s bipartisan sponsors agreed to a “border surge” that would nearly double the “current border patrol force to 40,000 agents from 21,000, as well as for the completion of 700 miles of fence on the nation’s southern border.”
It took border security so seriously that some reform proponents wavered, fearing it went too far in militarizing the border. One GOP senator conceded at the time that the legislation went so far on the security front that it was “almost overkill.”
Rubio now says he was right all along, warning senators that the bill wasn’t tough enough. But that’s plainly silly. Indeed, as Simon Maloy discovered, Rubio actually praised his bill’s security provisions at the time, boasting that it “mandates the most ambitious border and interior security measures in our nation’s history.”
So why did the House Republicans kill it anyway? Because the comprehensive solution required them to compromise, accepting a pathway to citizenship for undocumented immigrants already in the United States. House GOP lawmakers refused to strike a deal – hell, they refused to even go to the negotiating table – so the legislation died, again.
The related question is, why would Rubio make such obviously untrue claims now? The answer, I suspect, is that the Florida Republican took a sharp hit from his party’s far-right base for supporting immigration reform, and as Rubio looks ahead to the 2016 race, the senator needs a way to distance himself from his own legislative handiwork.
This, apparently, is the argument he’s come up with. If you’re thinking the talking points aren’t going to persuade anyone, you’re not alone.
By: Steve Benen, The Maddow Blog, July 23, 2014
“Chosen By God?”: Bachmann, ‘There’s A Chance I Could Run’ For President In 2016
Michele Bachmann may be retiring from the House of Representatives, but that doesn’t mean that she’s ready to leave the spotlight. In news that should depress Republicans (and thrill fans of This Week In Crazy), the Minnesota congresswoman now says that she may run for president again in 2016.
Bachmann, who unsuccessfully sought the Republican nomination in 2012, floated the possibility of another White House bid in an interview with RealClearPolitics.
“The only thing that the media has speculated on is that it’s going to be various men that are running,” she said in response to a question on whether any Republican women might join the 2016 race. “They haven’t speculated, for instance, that I’m going to run. What if I decide to run? And there’s a chance I could run.”
The notion probably isn’t sending a shiver down Hillary Clinton’s spine. Although Bachmann’s victory in the Ames Straw Poll in Iowa in 2011 briefly elevated her to the top tier of Republican contenders, her candidacy rapidly bottomed out and collapsed. It was exactly as crazy as you might expect; along the way, the campaign allegedly committed multiple campaign finance violations, and Bachmann allegedly fell under the “unnatural,” “Rapsutin-like” influence of a campaign advisor.
Bachmann ultimately finished in 6th place in the Iowa Caucus, and dropped out shortly thereafter. But according to the congresswoman, that experience would “certainly” help her if she chooses to run again.
“Like with anything else, practice makes perfect,” she said. “And I think if a person has gone through the process — for instance, I had gone through 15 presidential debates — it’s easy to see a person’s improvement going through that.”
Bachmann has claimed that in 2012, she was a “perfect candidate” who “didn’t get anything wrong” and was literally chosen by God — so she’s setting a pretty high bar when she promises to improve.
Still, it’s unclear why Bachmann would bother to seek a four-year term in the White House. After all, according to her, we’re already in the End Times.
By: Henry Decker, The National Memo, July 23, 2014