Does Michele Bachmann Have A ‘Reverend Wright’ Problem?
Joshua Green of The Atlantic is reporting that Rep. Michelle Bachmann has long belonged to a church that, well, has some odd views about the Catholic Church:
Michele Bachmann is practically synonymous with political controversy, and if the 2008 presidential election is any guide, the conservative Lutheran church she belonged to for many years is likely to add another chapter due to the nature of its beliefs–such as its assertion, explained and footnoted on this website, that the Roman Catholic Pope is the Antichrist.
The short, obvious response to the idea that this might hurt Bachmann’s presidential aspirations is, in a few words, “Reverend Jeremiah Wright.”
After all, President Barack Obama’s ties to Reverend Wright and his church didn’t hurt his presidential campaign nearly as much as expected — as he went on to win. Even in 2008, the idea that Obama was a covert black radical hiding behind a moderate liberal façade seemed far fetched. There was little connection between Wright’s views and Obama’s actual policy agenda.
This could, however, create problems for Bachmann. After all, unlike Obama, Bachmann has placed her religious views front and center in the campaign, most recently by signing onto a “pledge” issued by a group of social conservatives in Iowa affirming a number of paternalistic policy positions. In signing the pledge, Bachmann was promising to fight marriage equality, pornography, the repeal of Don’t Ask Don’t Tell and even the presence of women in the Armed Forces. Bachmann’s religious views, unlike Obama’s, are easily connectable to a definable policy agenda. So her religious views will be far more relevant than Obama’s — and many of the policy positions she’s adopted as a result aren’t likely to be popular outside of the GOP base.
George W. Bush frequently credited Karl Rove’s outreach to Catholics as key to his ascension to the White House. Has Bachmann — who left her former church last year and disavowed its views on Catholicism — damaged herself with this key segment of the electorate? That’s anybody’s guess. But generally speaking, some of her religiously informed political views will be a major liability among the broader electorate, should she win the nomination, and may even discourage Republicans who want to win the White House from voting for her. The more stories like this one expose the extent to which some of Bachmann’s religious views smack of bigotry, the worse her chances will get.
By: Adam Serwer, The Washington Post, July 14, 2011
Why The GOP’s ‘Job Creators’ Are Hard to Find
If you’re a “job creator,” raise your hand. It would be nice to know who you are, exactly.
Republicans negotiating with President Obama over a fix for the nation’s debt problems have been rolling out the heavy buzzwords lately, and there must have been a fresh memo about the sonorous ring of “job creators.” House Speaker John Boehner repeatedly decries tax hikes on job creators, with congressional colleagues such as Paul Ryan and Jeb Hensarling forming a job-creators chorus behind him. House Republicans recently published a “Plan for America’s Job Creators” (but not for everybody else, presumably) and if you’re an aggrieved job creator, you can let House Majority Leader Eric Cantor know what’s bugging you by filling out a brief form at http://jobs.majorityleader.gov/.
The trouble is, job creators are an endangered species these days. The biggest problem in the U.S. economy, in fact, is a shortage of job creators to reward and protect. Companies are barely hiring, and there are about 7 million fewer jobs now than there were at the end of 2007, when the Great Recession began. Part of the Republicans’ plan is to lower taxes, streamline regulation, open more trade and take other steps that will stimulate job creation. But we’ve already tried some of that, including several rounds of tax cuts since 2008. Most job creators are still hiding.
Big companies employ a lot of Americans, but over the last few years they’ve been better at job destruction than job creation. Between 2007 and 2010, companies with more than 1,000 employees shed about 2.6 million jobs, according to the latest data from the Labor Department. Many big companies have rebounded sharply from the recession, with impressive profits and a lot of cash on hand. But even some of the most successful big companies aren’t doing much job creation–not in the United States, anyway. Here are a few examples:
General Electric, which is run by the same Jeffrey Immelt who chairs President Obama’s Council on Jobs and Competitiveness, axed 32,000 jobs worldwide between 2007 and 2010, according to information from GE’s annual reports. About 22,000 of those lost jobs were in the United States. No job creation there, even though GE earned about $12 billion in profits in 2010.
Exxon Mobil has added about 2,800 jobs worldwide since 2007, but the giant oil firm doesn’t break out how many of those new hires work in the United States. Since Exxon earns nearly 70 percent of its revenue from overseas, it’s a good bet that’s where most of the new jobs are, too.
Wal-Mart has added about 40,000 jobs in the United States since 2007, largely because the discount retailer has been a beneficiary of pinched consumers desperate to save money. But it has added about 150,000 jobs overseas during the same time–nearly four times the U.S. tally. Still, Wal-Mart seems to be one company that can legitimately call itself a job creator.
IBM has added about 40,000 employees since 2007, but like Exxon, it doesn’t say where. About 65 percent of IBM’s revenue comes from abroad, and that’s where almost all of its revenue growth has come from since 2007. IBM’s U.S. business is actually down from 2007 levels, so it’s possible that most or all of IBM’s new hires have been overseas.
Big companies, in fact, aren’t considered a big source of new jobs. While they generate a lot of profits, they also tend to be mature enterprises more likely to swallow other companies and consolidate market share, which tends to eliminate jobs, not create them. “It’s the job of big firms to shed jobs,” says Carl Schramm, CEO of the Kauffmann Foundation, which promotes entrepreneurship. “Big firms want to lower costs, which means lowering labor costs.”
Young firms, Schramm says, account for virtually all net job creation in the U.S. economy over the last 30 years. That’s because startups that survive their first couple of years tend to be vibrant, fast-growing companies that create new industries and hire a lot of new workers. Think Microsoft and Oracle in the 1980s, and Amazon, eBay, and Google in the 1990s. Today, new technology-based firms like Facebook, Twitter, Groupon, Zynga, and LinkedIn represent one of the fastest-growing sectors of the U.S. economy. However, they’re the last companies that need any kind of tax relief–and they’re not about to ask for special treatment from Washington, either. They became transformative companies without Washington’s help, and they’d like to keep it that way.
Politicians routinely extol the virtues of “small business,” but that’s not really where the job creators are, either. Conventional small businesses–dry cleaners, nail salons, delicatessens, independent professionals like lawyers and doctors–tend to be important pillars of their communities, but they also come and go without generating a lot of new jobs, on balance. During the third quarter of 2010 (the most recent quarter for which there’s data), firms with fewer than 20 employees eliminated 34,000 jobs, according to the Labor Department. The biggest gains were among firms with 500 to 999 employees, which created 37,000 jobs.
So if Republicans want to modify the tax code to reward and encourage job creators, they need to come up with a scheme that offers the lowest tax rates to fast-growing startups, some medium-sized firms, and a few select multinationals. Of course, they might prefer to lower taxes on everybody who could be a job creator–because that includes almost everybody. If you ever spend money, that makes you a job creator, in the most expansive sense of the phrase, since somebody gets paid to provide whatever you buy. But then we’d have to figure out whether to reward American consumers for helping create jobs in China, Japan, Sri Lanka, or wherever the imported goods they purchase come from, or to reward people who spend money that helps create American jobs. So if you buy a Lexus made in Japan or Gucci loafers made in Italy, you’re not really a creator of American jobs and you shouldn’t be eligible for favorable tax treatement. But if you have your kitchen remodeled by a local contractor or go to a chiropractor for back pain, you qualify. It’s not so easy being a job creator. Or locating one.
By: Rick Newman, U. S. News and World Report, July 13, 2011
Can You Handle The Truth?: What The Public Doesn’t Understand About The Debt Ceiling
When a CBS reporter asked President Obama why a recent poll shows that 69% of Americans don’t want the debt ceiling lifted, he responded by stating that “professional politicians understand the debt crisis better than the general public.” As I heard the words come from his lips, I knew there would be outrage on the right, and the left and certainly the right again!
The problem is, the president was right; ahem, correct.
When posed with the question, “If you have a credit limit and have maxed out your credit card, should you raise your credit limit so you can spend more?” Americans respond with a resounding “NO!” as would I if that were the question.
But here is the real question:
As an American, did you know if we do not raise the debt ceiling and go into default, that thousands of Americans will lose their jobs? And a 9% unemployment rate will be something you’ll hope for? Or that programs like Homeland Security will be cut which I’m sure will make any terrorist organization smile.
How about home owners and small business owners longing for the days of 2008? And that double dip recession the Republicans were trying to scare you about? Well, it certainly would happen. Speaking of money, our bonds will be worthless; and if you think that TARP and the bailout were bad, that’s just an appetizer for the domino effect not raising the debt ceiling would have on Wall Street, perhaps worldwide; just look at what happened with Greece.
I mentioned that the president was right when he said Americans don’t know as much about the debt ceiling crisis as a professional politician; and I do believe that. When some of the nation was outraged or offended by his remark, I could hear Jack Nicholson saying, “The truth, you can’t handle the truth!!”
We need only look at our own television viewing habits to see evidence to support the president’s rhetoric. Let’s take a little quiz shall we?
- Were the Bush tax credits meant to last forever? Answer: No, just ask the authors of the legislation.
- When is the president planning on removing those temporary credits? Answer: 2013 and beyond, not a massive tax cut taking place in August.
- How many times did President George W. Bush raise the debt ceiling? Answer: 7 times.
And where was the Republican outrage then? Answer: they didn’t have a Democrat in the White House up for re-election!
OK…now a few more…
- What former governor’s daughter was on “Dancing With The Stars?” Answer: Sarah Palin.
- What was the verdict in the Casey Anthony trial? Answer: Not guilty.
- Who was voted off (pick one) American Idol, The Biggest Loser or The Bachelorette? Answer: I don’t know, I was too busy paying attention to the debt crisis.
The point is, most Americans would’ve been able to easily answer the latter three questions. We were glued to our T.V. sets during the Casey Anthony trial; not to CSPAN and the ratings prove it. So don’t be offended, the president’s not saying you’re dumb. He is simply saying you don’t have the time to spend 40-60 hours a week to do a job you elected him and Congress to do. Oh, and by the way, the latest poll shows 47% of Americans (Rasmussen) don’t want the debt ceiling lifted; see even the CBS reporter proved the president right with his question. Love that!
By: Leslie Marshall, U. S. News and World Report, July 13, 2011
A Fear Of Breaking “The Pledge”: Are Republicans And The Tea Party Serious?
This is not the Congress where I worked in the ’70s and ’80s. This is not the same caliber of leader, especially on the Republican side, that our country has been accustomed to over decades. In the past, people like Eric Cantor and Michele Bachmann were marginalized. They were not respected by their own party, let alone rewarded; they were relegated to the back bench.
It would have been a joke if someone predicted that a cable queen like Bachmann could raise $14 million for a House race or that South Carolina Rep. Joe Wilson could raise over $2 million in a matter of weeks as an obscure member, after screaming at the president, “You lie!” at a State of the Union address. The notion that someone such as Bachmann would be so popular in polls and be in a position to win Iowa would have been unthinkable a few short years ago.
But more important than these personalities and their extreme positions is what they have done to the Republican party.
We have a unique opportunity to truly turn this nation around. President Obama, and it appears Speaker of the House John Boehner, were ready to truly change the direction of the country. In the past, I believe we could have made it work—with a Reagan, an O’Neill, a Mansfield, a Baker, a Dirksen. It is a long list.
But, sadly, the absolutism of no revenues—every tax cut, even temporary—is now permanent. Taxes can only go down… sort of like housing prices can only go up! Pledges to Grover Norquist are absurd, shortsighted, and counterproductive.
I truly wonder whether the extreme wing of the Republican Party wants to solve our problem or just play politics with it; is this just beat Obama and the democrats at all costs, the country be damned? Or is it an adherence to an ideology that is inflexible, a fear of breaking some “pledge?”
Regardless, the over $4 trillion budget fix is achievable—not popular—but achievable. It takes both parties to accept political responsibility. I wonder, though, if you asked a Tea Party member or a liberal democrat, “Would you sacrifice your seat in Congress to achieve real fiscal responsibility, to turn the nation around?” would they say “yes?” After all, why did they run for office in the first place? To be serious, to accomplish big things, I would hope.
A number of years ago a group of us were with Sen. Paul Sarbanes. He was retiring after a long and distinguished career in the House and Senate. One person asked him what was the biggest change he had seen in his 40 years. Sarbanes said that people come into office now with their minds made up; they are afraid to change or to listen to the other side. He pointed out that when he first came to the Senate, there used to be real debate on the issues of our time and that minds would be changed. There was a different spirit of cooperation and compromise and true listening. Relationships across the aisle were forged. There was give and take. There was an opportunity to come to an agreement without a total win-lose mentality.
If there ever was a time in our nation’s history to return to that spirit, it is now.
By: Peter Fenn, U. S. News and World Report, July 13, 2011
Ideology Trumps Economics: Republicans’ Refusal To Raise Revenues Is Threatening The Economy With A Chaotic Default
There is a huge gap in logic at the heart of the Republican intransigence on a debt-ceiling deal, and President Obama helped to illuminate it on Monday.
The party claims, as an article of faith, if not evidence, that the government’s growing debt is the reason for persistent unemployment and economic stagnation. And yet Republicans are spurning the president’s compromise offers to reduce that debt by trillions over the next decade because he is sensibly insisting that any deal include some increase in tax revenue.
“Where are they?” Mr. Obama asked at his news conference. “I mean, this is what they claim would be the single biggest boost to business certainty and confidence. So what’s the holdup?”
The holdup, of course, is that Republicans are far more committed to the ideological goals of cutting government and taxes than they are committed to cutting the deficit. They rejected several compromise offers by the White House, even though any revenue increases would be far outweighed by spending cuts.
Republican rejectionism was on clear display Saturday night when John Boehner, the House speaker, was forced to abandon a plan he and the president had discussed to reduce the deficit by $4 trillion over 10 years.
The plan would have gone much too far in cutting discretionary spending and entitlements, taking too much money from the economy at a time when it desperately needs government investment. But it would have been better than the slashing and burning the Republicans have been demanding because it would have raised from $700 billion to $1 trillion in additional revenue beginning in 2013 by ending tax breaks and deductions for corporations and the rich, or by ending the Bush tax cuts for families making $250,000 or more.
The House Republican leader, Eric Cantor, insisted to Mr. Boehner that his members, shackled to antitax pledges, could not accept it, or anything similar. Now negotiators are trying to reach agreement on a deal to lower the deficit by $2 trillion or so over a decade. But the consequences for the economy and Americans’ lives would be just as disastrous if all of those “savings” come out of essential government programs, with no additional revenue.
Mr. Boehner’s refusal to push back against his party’s ideologues is only feeding their worst impulses. Many House Republicans have gone even further than Mr. Cantor and have rejected any deal that raises the debt ceiling, whether it contains revenue increases or not.
Representative Michele Bachmann and Reince Priebus, the Republican national chairman, airily and irresponsibly insist that the government will find some other way to pay its bills. That’s dangerous nonsense. And as the president forcefully noted, a default could propel interest rates skyward, throw millions more Americans out of work, and create another recession.
It was good to see Mr. Obama challenging the Republicans’ illogic and pushing them to make a deal before it’s too late. But we fear the sort of deal he is willing to consider, based overwhelmingly on spending cuts, could still consign the country to more years of economic stagnation.
The president spoke about the need to create an infrastructure bank, to maintain unemployment benefits, and to protect the elderly and the poor. But keeping those goals will be nearly impossible with a debt deal that cuts three times as much spending as it raises revenue. A balanced plan, like the one Senator Kent Conrad is circulating among Senate Democrats, would cut spending and raise revenue equally, and would make it possible to pay for programs that kick-start the economy.
Americans need to hear the hard economic truth that there is no way to both cut the deficit and revive the economy without finding additional sources of revenue. As the president himself said on Monday, “If not now, when?”
By: Editorial, The New York Times, July 11, 2011
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