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If Only Sen Snowe’s Actions Met Her Misplaced Rhetoric

Treasury Secretary Timothy Geithner talked to the Senate Small Business Committee, urging its members to approve jobs measures proposed by the White House. Sen. Olympia Snowe (R-Maine), ostensibly Congress’ most moderate Republican and the member most likely to listen to reason, went on quite a tirade.

“Your primary mission is to craft the economic policy of this country, and at this point, it simply isn’t working,” she told Geithner. “Something’s gone terribly wrong, and what I hear over and over again is that there is no tempo, a tempo of urgency.”

“I don’t know who you’re talking to…but you need to talk to the average person,” she said later in a testy back and forth with Geithner. “Rome is burning.”

I’m delighted Snowe is pretending to care about the economy. I’m also delighted she thinks she’s in touch with what “average” people want, and would like to see policymakers to act with “urgency.”

But if Olympia Snowe thinks her actions are consistent with her rhetoric, she’s sadly mistaken.

We are, after all, talking about the alleged moderate from Maine who, just last week, voted with right-wing senators to refuse a debate on the popular and effective American Jobs Act. She’s the same senator who’s refused to endorse any of the provisions in the bill, no matter how much they’d help. What was that she was saying about “urgency”?

Snowe thinks Geithner is responsible for crafting the nation’s economic policy? Here’s a radical idea: maybe if Snowe could bring herself to stop filibustering worthwhile economic legislation, Geithner might have more success.

“Rome is burning”? And who, exactly, does Snowe believe is responsible? The party with good economic ideas that can’t overcome Republican obstructionism, or the party engaged in the obstructionist tactics, offering ideas that would make the economy worse, and by some accounts, holding back the nation deliberately?

Snowe seems to believe the status quo isn’t working. On this, she’s correct. But it’s not working because Republicans are getting their way.

In what universe does it make sense for Snowe to blame Geithner? Snowe and Republicans got the tax cuts they demanded; Snowe and Republicans saw the stimulus spending evaporate, just as they wanted; Snowe and Republicans are watching the public sector lay off hundreds of thousands of workers, just as GOP policy dictates; and Snowe and Republicans have forced the White House to accept massive spending cuts, which takes money out of the economy on purpose.

And now she’s complaining? Why, because her party is getting what it wants and she doesn’t like the results?

Arguably one of the most dramatic Democratic dilemmas of 2011 and 2012 is overcoming the realization that Republicans are getting their way on economic policy and then denying any responsibility for the results. Indeed, it’s a rather extraordinary con: GOP officials see much of their agenda implemented, then see it fail, and then blame Obama when their policies don’t work.

The nation is reading from the Republicans’ economic playbook, and thanks in part to Snowe’s filibusters, that’s not likely to change anytime soon. When the GOP agenda fails, Republicans should be prepared to accept responsibility for the consequences, instead of pretending they’re not getting their way.

By: Steve Benen, Washington Monthly Political Animal, October 18, 2011

October 19, 2011 Posted by | Class Warfare, Congress, Conservatives, Economic Recovery, GOP, Income Gap, Middle Class, Senate, Taxes | , , , , , , , , | Leave a comment

The Truly Farcical “Jobs Through Growth Act”

I suppose Senate Republicans deserve at least some credit for making an effort. The congressional GOP has largely ignored the jobs crisis, so the fact that Sens. Lindsey Graham (R-S.C.), John McCain (R-Ariz.), and Rand Paul (R-Ky.) have put together the “Jobs Through Growth Act,” is at least marginally constructive.

The problem is with the “plan” itself.

What do Senate Republicans want to do to give employment a boost? Cut taxes, approve a balanced budget amendment to the U.S. Constitution, eliminate the entirety of the Affordable Care Act, eliminate the entirety of Wall Street reform safeguards, blocking EPA enforcement of clean air measures, and a tax repatriation holiday for international corporations.

When President Obama unveiled the American Jobs Act, it had been deliberately crafted to include several provisions that Republicans have traditionally supported. Graham, McCain, and Paul didn’t bother. Try not to be surprised.

The GOP senators boasted their plan would create 5 million jobs. And how would that happen? Who came up with that number? How would Republicans pay for their plan? How quickly would it make a difference?

They didn’t say. In fact, unlike the detailed jobs bill presented by the White House, the “plan” from Senate Republicans is a wish list of far-right ideas, but it’s also lacking in the sort of substantive details that serious proposals require.

And that’s precisely why this nonsense is so farcical.

The premise of Obama’s proposal was that the two parties couldn’t agree on their long-term vision of government, but the economic emergency was too severe to wait until the election to settle it, so they should act immediately on short-term ideas that have bipartisan support. The GOP response is to issue a series of exclusively long-term proposals lacking any bipartisan support. There’s not much pretense of intending to address the current crisis when your plan has as its cornerstone the passage of a Constitutional amendment. […]

On jobs, the GOP simply will not engage with the premise of the entire macroeconomic forecasting field that the economy is suffering from a lack of demand. The purpose of this bill is to straddle that awkward divide, and provide a sound bite to answer Obama when he says he has a jobs plan.

That’s plainly true. In fact, McCain, who admits he doesn’t understand economic policy, told reporters yesterday he and his cohorts put this plan together in part as “a response to the president saying we don’t have a proposal.”

Senator, I’ve seen your plan. You still don’t have a proposal.

The intellectual bankruptcy of the Republican Party is just astounding. It has no new ideas, no constructive solutions, no creativity, no depth of thought, no intellectual consistency, no recollection of their own failures, no understanding of economic policy, and no access to calculators.

By: Steve Benen, Contributing Writer, Washington Monthly Political Animal, October 14, 2011

October 14, 2011 Posted by | Affordable Care Act, Class Warfare, Congress, Conservatives, Economic Recovery, Financial Reform, GOP, Ideologues, Ideology, Lindsey Graham, Middle Class, Rand Paul, Right Wing | , , , , , , , | Leave a comment

“We Are The Whiners”: About Those ‘53 Percent’

Republicans have been preoccupied for much of the year with those Americans who don’t make enough money to qualify for a federal income tax burden. Some are working-class families who fall below the tax threshold; some are unemployed; some are students; and some are retired. These Americans still pay sales taxes, state taxes, local taxes, Social Security taxes, Medicare/Medicaid taxes, and in many instances, property taxes, but not federal income taxes.

This, apparently, annoys the right to no end. It’s why all kinds of Republican officials — including Mitt Romney and Rick Perry — want to “fix” what they see as a “problem,” even if it means raising taxes on those who can least afford it.

This argument is even manifesting itself in a new “movement” of sorts, intended to respond to progressive activists calling for economic justice.

Conservative activists have created a Tumblr called “We are the 53 percent” that’s meant to be a counterpunch to the viral “We are the 99 percent” site that’s become a prominent symbol for the Occupy Wall Street movement. The Tumblr is supposed to represent the 53 percent of Americans who pay federal income taxes, and its assumption is that the Wall Street protesters are part of the 46 percent of the country who don’t. “We are the 53 percent” was originally the brainchild of Erick Erickson, founder of RedState.org, who worked together with Josh Trevino, communications director for the right-leaning Texas Public Policy Foundation, and conservative filmmaker Mike Wilson to develop the concept, according to Trevino.

The overriding message is that the protesters have failed to take personal responsibility, blaming their economic troubles on others.

There are all kinds of problems with the right’s approach here, including the fact that they seem to want to increase working-class taxes and also seem entirely unaware of the fact that it was Republican tax cuts that pushed so many out of income-tax eligibility in the first place. There’s also the small matter of some of those claiming to be in “the 53 percent” aren’t actually shouldering a federal income tax burden at all, but are apparently unaware of that fact.

But putting that aside, take a look at Erick Erickson’s argument, presented in a hand-written message posted to the Tumblr blog: “I work three jobs. I have a house I can’t sell. My family insurance costs are outrageous. But I don’t blame Wall Street. Suck it up you whiners. I am the 53% subsidizing you so you can hang out on Wall Street and complain.”

Just for heck of it, let’s take this one at a time.

The very idea that Erickson works “three jobs” is rather foolish.

Blaming financial industry corruption and mismanagement for Erickson’s troubles selling his house is actually quite reasonable.

If Erickson’s reference to “family insurance costs” is in reference to health care premiums, he’ll be glad to know the Affordable Care Act passed, and includes all kinds of breaks for small businesses like his.

And the notion that victims of a global economic collapse, who are seeking some relief from a system stacked in favor of the wealthy, are “whiners” is so blisteringly stupid, it amazes me someone would present the argument in public.

If there are any actual “whiners” in this scenario, shouldn’t the label go to millionaires who shudder at the idea of paying Clinton-era tax rates?

By: Steve Benen, Contributing Writer, Washington Monthly-Political Animal, October 11, 2011

October 12, 2011 Posted by | Banks, Capitalism, Conservatives, Democracy, Democrats, Economic Recovery, Elections, GOP, Ideologues, Income Gap, Middle East, Right Wing, Tax Increases, Tax Loopholes, Teaparty, Uncategorized | , , , , , , , , | Leave a comment

The Occupy Protests: A Timely Call For Justice

Occupy Wall Street and its kindred protests around the country are inept, incoherent and hopelessly quixotic. God, I love ’em.

I love every little thing about these gloriously amateurish sit-ins. I love that they are spontaneous, leaderless and open-ended. I love that the protesters refuse to issue specific demands beyond a forceful call for economic justice. I also love that in Chicago — uniquely, thus far — demonstrators have ignored the rule about vagueness and are being ultra-specific about their goals. I love that there are no rules, just tendencies.

I love that when Occupy Wall Street was denied permission to use bullhorns, demonstrators came up with an alternative straight out of Monty Python, or maybe “The Flintstones”: Have everyone within earshot repeat a speaker’s words, verbatim and in unison, so the whole crowd can hear. It works — and sounds tremendously silly. Protest movements that grow into something important tend to have a sense of humor.

I can’t help but love that House Majority Leader Eric Cantor called the protests “growing mobs” and complained about fellow travelers who “have actually condoned the pitting of Americans against Americans.” This would be the same Eric Cantor who praised the Tea Party movement in its raucous, confrontational, foaming-at-the-mouth infancy as “an organic movement” that was “about the people.” The man’s hypocrisy belongs in the Smithsonian.

Most of all, I love that the Occupy protests arise at just the right moment and are aimed at just the right target. This could be the start of something big and important.

“Economic justice” may mean different things to different people, but it’s not an empty phrase. It captures the sense that somehow, when we weren’t looking, the concept of fairness was deleted from our economic system — and our political lexicon. Economic injustice became the norm.

Revolutionary advances in technology and globalization are the forces most responsible for the hollowing-out of the American economy. But our policymakers responded in ways that tended to accentuate, rather than ameliorate, the most damaging effects of these worldwide trends.

The result is clear: a nation where the rich have become the mega-rich while the middle class has steadily lost ground, where unemployment is stuck at levels once considered unbearable, and where our political system is too dysfunctional to take the kind of bold action that would make a real difference. Eventually, the economy will limp out of this slump, and things will seem better. Fundamentally, however, nothing will have changed.

Does that sound broad and unfocused? Yes, but it’s true.

The Occupy Wall Street protesters saw this broad, unfocused truth — and also understood that the place to begin this movement was at the epicenter of the financial system.

For most of our history, it was understood that the financial sector was supposed to perform a vital service for the economy: channeling capital to the companies where it could be most effectively used. But the rapid technological, economic and political change the world has witnessed in recent decades created myriad opportunities for Wall Street to channel capital to itself, often by inventing exotic new securities whose underpinnings may not exist. The 2008 financial crisis demonstrated the urgent need for reform.

It’s not that investment bankers should be held responsible for all the ills of the world. It’s that Wall Street is emblematic of an entire economic and political system that no longer seems to have the best interests of most Americans at heart.

So a ragtag group — not huge, but idealistic and determined — camps out in Lower Manhattan. A similar thing happens in two dozen other cities. And maybe a movement is born.

Already, after less than a month, commentators are asking whether the Occupy protests can be transformed into a coherent political force. For now, at least, I hope not.

We have no shortage of politicians in this country. What we need is more passion and energy in the service of justice. We need to be forced to answer questions that sound simplistic or naive — questions about ethics and values. Detailed policy positions can wait.

At some point, these protest encampments will disappear — and, since the nation and the world will not have changed, they’ll be judged a failure. But I’ve got a hunch that this likely judgment will be wrong. I think the seed of progressive activism in the Occupy protests may grow into something very big indeed.

By: Eugene Robinson, Opinion Writer, The Washington Post, October 10, 2011

October 12, 2011 Posted by | Banks, Congress, Consumers, Democracy, Economic Recovery, Elections, Equal Rights, GOP, Government, Ideology, Income Gap, Middle Class, Politics, Republicans, Right Wing, Teaparty, Wealthy | , , , , , , , , | Leave a comment

Grover Norquist “Is Paralyzing Congress”

Rep. Frank Wolf (R-Va.) is one of just six Republican in Congress who haven’t signed Grover Norquist’s anti-tax pledge. On the House floor Tuesday, he attacked Norquist for single-handedly enforcing this hard line within the GOP, creating a destructive impasse in the legislative process. “Everything must be on the table and I believe how the ‘pledge’ is interpreted and enforced by Mr. Norquist is a roadblock to realistically reforming our tax code,” Wolf said. “Have we really reached a point where one person’s demand for ideological purity is paralyzing Congress to the point that even a discussion of tax reform is viewed as breaking a no-tax pledge?”

Wolf also attacked Norquist personally, claiming that he has “deep ties to supporters of Hamas and other terrorist organizations,” as well as to Jack Abramoff and other “unsavory groups and people.” Norquist fired back by accusing Wolf of racism. “I’m married to a woman who’s Muslim, and it’s sad and it’s disgusting,” Norquist told Yahoo News. “He’s going to spend a lot of time apologizing for getting into the gutter and anti-Arab and anti-Muslim bigotry.” Norquist claims Wolf is targeting him because he’s been unable to persuade his colleagues to budge on their anti-tax pledge.

Americans for Tax Reform continued the counterattack on Wolf in a series of e-mail blasts on Tuesday evening. “Frank Wolf Admits He Supports Trillions in Tax Hikes,” ATR titled one e-mail, calling the congressman’s support for the Bowles-Simpson commission’s recommendations an endorsement of a “net tax increase of $1-3 trillion over ten years.” (In fact, Bowles-Simpson raises $2.3 trillion in revenue by lowering rates but eliminating deductions and exclusions.) ATR also accused Wolf of borrowing the “Obama/DCCC Playbook to Craft Lies About the Tax Pledge,” saying that the pledge allows for the elimination of tax breaks so long as overall level of taxation doesn’t increase.

Wolf’s hit on Norquist was an unusually open attack by a conservative against the anti-tax absolutism that Congressional Republicans have almost uniformly embraced. But there have been earlier signs of this rift within the GOP. Sen. Tom Coburn (Okla.), a staunch fiscal conservative, pitted himself against Norquist by proposing to eliminate tax breaks for ethanol. Norquist insisted that ending such subsidies would only be acceptable if the revenue was used to pay for more tax cuts.

Wolf, in fact, referred to Coburn’s feud in his denunciation on the House floor yesterday: “When Senator Tom Coburn recently called for eliminating the special interest ethanol tax subsidy, who led the opposition? Mr. Norquist.” The question is whether other Congressional Republicans will join Wolf and Coburn in openly pushing back against the Norquist, anti-tax orthodoxy that has been at the heart of the bipartisan struggle to reduce the deficit.

Update: Another Republican is pushing now back against Norquist. Sen. John Thune (S.D.), who signed the ATR anti-tax pledge, suggested that such pledges could be broken to achieve broad-based tax reform in a Wednesday interview with MSNBC.

 

By: Suzy Khimm, The Washington Post, October 5, 2011

 

 

October 5, 2011 Posted by | Democracy, Economic Recovery, Economy, Federal Budget, GOP, Ideologues, Ideology, Lawmakers, Politics, Republicans, Right Wing, Teaparty | , , , , , , , | Leave a comment