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“Isolating Themselves From Any Exposure To Policy Reality”: The GOP Only Hurts Itself By Walking Away From Tough Debates

Given the uproar within the conservative media world about the supposedly unfair CNBC debate, it’s understandable that the RNC would have to do something lest it lose what little credibility it still had with the GOP base. So Reince Priebus has pulled out of the debate partnership with NBC, even as the candidates themselves have started to form a weird pact to insulate themselves from future debates of that nature.

The problem for the Republican Party and its candidates is that while some of the questions may have been phrased a little rudely (“what is your greatest weakness?” and “comic book version of a presidential campaign” may have gone a little far in the tone department), the questions themselves were both substantive and accurate. This is has been pointed out again and again: Brian Beutler noted it at The New Republic, Ezra Klein explained it at Vox, and Charles Pierce had his own colorful version at Esquire.

The problem with the CNBC debate for Repbulicans wasn’t that a bunch of “flaming liberals” (in the words of the incomparably ghoulish Charles Krauthammer) asked them unfair questions. CNBC is, after all, the slavishly pro-Wall Street greedhead network that employs Rick “Tea Party” Santelli, Larry Kudlow and similar characters. It was that the moderators treated unserious falsehoods as, well, unserious falsehoods, from the candidates’ budget-busting regressive plans counting on phantom supply-side growth to their denials of unsavory records and associations.

So the RNC has decided to work the refs and refuse any similar debates, rather than suggest that their candidates might want to be less openly silly and unserious.

But this only hurts the Republican Party going forward. In a general election, the Democratic Party and its allies will not be shy about pointing out the weaknesses of the eventual nominee and their policy positions in the strongest possible terms.

One of the chief goals of a presidential primary is to test candidates’ weaknesses and potential general election attacks against them. On the Democratic side, that means that Clinton’s trustworthiness and Sanders’ use of the socialist label are both fair game. Democratic primary voters have a vested interest in seeing how their candidates handle those issues in a trial run before the big event.

Republicans seem to be more interested in isolating themselves from any exposure to policy reality, preferring to scream about the “liberal media” (at CNBC!) whenever anyone suggests that, for instance, handing out trillions in tax breaks to the rich just might increase budget deficits.

That will only come back to hurt them worse starting in June of next year when the real games begin.

 

By: David Atkins, Political Animal Blog, The Washington Monthly, October 31, 2015

November 2, 2015 Posted by | GOP Primary Debates, Media, Reince Priebus, Republican National Committee | , , , , , | 3 Comments

“Voodoo Never Dies”: Never Forget That What It’s Really About Is Top-Down Class Warfare

So Donald Trump has unveiled his tax plan. It would, it turns out, lavish huge cuts on the wealthy while blowing up the deficit.

This is in contrast to Jeb Bush’s plan, which would lavish huge cuts on the wealthy while blowing up the deficit, and Marco Rubio’s plan, which would lavish huge cuts on the wealthy while blowing up the deficit.

For what it’s worth, it looks as if Trump’s plan would make an even bigger hole in the budget than Jeb’s. Jeb justifies his plan by claiming that it would double America’s rate of growth; The Donald, ahem, trumps this by claiming that he would triple the rate of growth. But really, why sweat the details? It’s all voodoo. The interesting question is why every Republican candidate feels compelled to go down this path.

You might think that there was a defensible economic case for the obsession with cutting taxes on the rich. That is, you might think that if you’d spent the past 20 years in a cave (or a conservative think tank). Otherwise, you’d be aware that tax-cut enthusiasts have a remarkable track record: They’ve been wrong about everything, year after year.

Some readers may remember the forecasts of economic doom back in 1993, when Bill Clinton raised the top tax rate. What happened instead was a sustained boom, surpassing the Reagan years by every measure.

Undaunted, the same people predicted great things as a result of George W. Bush’s tax cuts. What happened instead was a sluggish recovery followed by a catastrophic economic crash.

Most recently, the usual suspects once again predicted doom in 2013, when taxes on the 1 percent rose sharply due to the expiration of some of the Bush tax cuts and new taxes that help pay for health reform. What happened instead was job growth at rates not seen since the 1990s.

Then there’s the recent state-level evidence. Kansas slashed taxes, in what its right-wing governor described as a “real live experiment” in economic policy; the state’s growth has lagged ever since. California moved in the opposite direction, raising taxes; it has recently led the nation in job growth.

True, you can find self-proclaimed economic experts claiming to find overall evidence that low tax rates spur economic growth, but such experts invariably turn out to be on the payroll of right-wing pressure groups (and have an interesting habit of getting their numbers wrong). Independent studies of the correlation between tax rates and economic growth, for example by the Congressional Research Service, consistently find no relationship at all. There is no serious economic case for the tax-cut obsession.

Still, tax cuts are politically popular, right? Actually, no, at least when it comes to tax cuts for the wealthy. According to Gallup, only 13 percent of Americans believe that upper-income individuals pay too much in taxes, while 61 percent believe that they pay too little. Even among self-identified Republicans, those who say that the rich should pay more outnumber those who say they should pay less by two to one.

Well, consider the trajectory of Marco Rubio, who may at this point be the most likely Republican nominee. Last year he supported a tax-cut plan devised by Senator Mike Lee that purported to be aimed at the poor and the middle class. In reality, its benefits were strongly tilted toward high incomes — but it still drew harsh criticism from the right for giving too much to ordinary families while not cutting taxes on top incomes enough.

So Mr. Rubio came back with a plan that eliminated taxes on dividends, capital gains, and inherited wealth, providing a huge windfall to the very wealthy. And suddenly he was gaining a lot of buzz among Republican donors. The new plan would add trillions to the deficit, which conservatives claim to care about, but never mind.

In other words, it’s straightforward and quite stark: Republicans support big tax cuts for the wealthy because that’s what wealthy donors want. No doubt most of those donors have managed to convince themselves that what’s good for them is good for America. But at root it’s about rich people supporting politicians who will make them richer. Everything else is just rationalization.

Of course, once the Republicans settle on a nominee, an army of hired guns will be mobilized to obscure this stark truth. We’ll see claims that it’s really a middle-class tax cut, that it will too do great things for economic growth, and look over there — emails! And given the conventions of he-said-she-said journalism, this campaign of obfuscation may work.

But never forget that what it’s really about is top-down class warfare. That may sound simplistic, but it’s the way the world works.

 

By: Paul Krugman, Op-Ed Columnist, The New York Times, October 2, 2015

October 5, 2015 Posted by | Economic Policy, Tax Cuts, Voo Doo Economics | , , , , , , , | 3 Comments

“Cleaning Up The Last Bush/Cheney Mess”: There Is Almost Never A Way To Do So That Pleases Everyone

One of the sad realities of the Obama presidency is that he and his administration have had to spend so much of their time cleaning up messes that were left by Bush and Cheney. I won’t try to capture all of them, but two wars in the Middle East, an economy careening towards a second Great Depression and exploding federal deficits are the three big ones. When President Obama titled his 2015 State of the Union Address “Turning the Page,” a lot of what he was saying is that his administration was finally ready to move on from most of that.

But one intransigent mess lingers on…the prison Bush/Cheney built in Guantanamo, Cuba. President Obama is determined to close Gitmo before his term ends and the White House has been clear that they are drafting a plan to do so.

This week right wing media sites have gone a bit berserk over the fact that two more detainees have been released. The first was the man who was reported to be Osama bin Laden’s bodyguard.

The former detainee, Abdul Rahman Shalabi, 39, is from Saudi Arabia, and he was one of 32 Middle Eastern men who were captured by the Pakistani military along the Afghanistan border in December 2001 and turned over to the United States. He was among the first batch of detainees taken to the prison when it opened at the American naval station in Cuba on Jan. 11, 2002.

Second was the last of several British residents and citizens who have been held at Gitmo.

The Obama administration has notified Congress of its intent to send Shaker Aamer, a suspected al-Qaeda plotter held at Guantanamo Bay, Cuba, for more than 13 years, back to Britain, yielding to a lengthy campaign to secure the British resident’s release, officials said Friday.

For a status update on where things stand with closing Gitmo, the New York Times has some helpful graphs. Of the 771 detainees who have been held there, 657 have been released and 114 remain. Of the 53 who have been cleared for release but are still there, 43 are from Yemen. The Obama administration has been reluctant to repatriate detainees to Yemen due to the chaos that currently exists in that country. Ten detainees have either been convicted or await trial. Finally, as a testament to how badly the Bush/Cheney administration handled all this, the remaining 51 have been recommended for indefinite detention without a trail – mostly due to the fact that evidence has been tainted by their treatment (read: torture).

In December of last year, Pope Francis offered to help the Obama administration in their efforts to close Gitmo. This is very likely one of the topics he and the President discussed in their one-on-one meeting this week. I would assume that the Vatican might be most helpful in working with countries to provide alternatives for the 53 who have been cleared for release. No matter how controversial plans for that might be, you can be sure that whatever President Obama proposes to do with the remaining detainees (10 convicted/awaiting trail and 51 to be indefinitely detained), there will be howls from both sides of the political spectrum. The left will suggest that they shouldn’t be held at all and the right will complain because President Obama’s likely solution will be to move them to a maximum security prison(s) in the United States.

I will simply say that one of the problems that is endemic to cleaning up your predecessors messes is that there is almost never a way to do so that pleases everyone. Nothing more ably demonstrates that than Gitmo. Perhaps the one thing that everyone can agree with is that President Obama deserves some credit for his determination to not leave this one to the next president.

 

By: Nancy LeTourneau, Political Animal Blog, The Washington Monthly, September 27, 2015

September 30, 2015 Posted by | Bush-Cheney Administration, Congress, GITMO | , , , , , , , , | Leave a comment

“After Six Full Years Of Being Wrong About Everything”: Crash-Test Dummies As Republican Candidates For President

Will China’s stock crash trigger another global financial crisis? Probably not. Still, the big market swings of the past week have been a reminder that the next president may well have to deal with some of the same problems that faced George W. Bush and Barack Obama. Financial instability abides.

So this is a test: How would the men and women who would be president respond if crisis struck on their watch?

And the answer, on the Republican side at least, seems to be: with bluster and China-bashing. Nowhere is there a hint that any of the G.O.P. candidates understand the problem, or the steps that might be needed if the world economy hits another pothole.

Take, for example, Scott Walker, the governor of Wisconsin. Mr. Walker was supposed to be a formidable contender, part of his party’s “deep bench” of current or former governors who know how to get things done. So what was his suggestion to President Obama? Why, cancel the planned visit to America by Xi Jinping, China’s leader. That would fix things!

Then there’s Donald Trump, who likes to take an occasional break from his anti-immigrant diatribes to complain that China is taking advantage of America’s weak leadership. You might think that a swooning Chinese economy would fit awkwardly into that worldview. But no, he simply declared that U.S. markets seem troubled because Mr. Obama has let China “dictate the agenda.” What does that mean? I haven’t a clue — but neither does he.

By the way, five years ago there were real reasons to complain about China’s undervalued currency. But Chinese inflation and the rise of new competitors have largely eliminated that problem.

Back to the deep bench: Chris Christie, another governor who not long ago was touted as the next big thing, was more comprehensible. According to Mr. Christie, the reason U.S. markets were roiled by events in China was U.S. budget deficits, which he claims have put us in debt to the Chinese and hence made us vulnerable to their troubles. That almost rises to the level of a coherent economic story.

Did the U.S. market plunge because Chinese investors were cutting off credit? Well, no. If our debt to China were the problem, we would have seen U.S. interest rates spiking as China crashed. Instead, interest rates fell.

But there’s a slight excuse for Mr. Christie’s embrace of this particular fantasy: scare stories involving Chinese ownership of U.S. debt have been a Republican staple for years. They were, in particular, a favorite of Mitt Romney’s campaign in 2012.

And you can see why. “Obama is endangering America by borrowing from China” is a perfect political line, playing into deficit fetishism, xenophobia and the perennial claim that Democrats don’t stand up for America! America! America! It’s also complete nonsense, but that doesn’t seem to matter.

In fact, talking nonsense about economic crises is essentially a job requirement for anyone hoping to get the Republican presidential nomination.

To understand why, you need to go back to the politics of 2009, when the new Obama administration was trying to cope with the most terrifying crisis since the 1930s. The outgoing Bush administration had already engineered a bank bailout, but the Obama team reinforced this effort with a temporary program of deficit spending, while the Federal Reserve sought to bolster the economy by buying lots of assets.

And Republicans, across the board, predicted disaster. Deficit spending, they insisted, would cause soaring interest rates and bankruptcy; the Fed’s efforts would “debase the dollar” and produce runaway inflation.

None of it happened. Interest rates stayed very low, as did inflation. But the G.O.P. never acknowledged, after six full years of being wrong about everything, that the bad things it predicted failed to take place, or showed any willingness to rethink the doctrines that led to those bad predictions. Instead, the party’s leading figures kept talking, year after year, as if the disasters they had predicted were actually happening.

Now we’ve had a reminder that something like that last crisis could happen again — which means that we might need a repeat of the policies that helped limit the damage last time. But no Republican dares suggest such a thing.

Instead, even the supposedly sensible candidates call for destructive policies. Thus John Kasich is being portrayed as a different kind of Republican because as governor he approved Medicaid expansion in Ohio, but his signature initiative is a call for a balanced-budget amendment, which would cripple policy in a crisis.

The point is that one side of the political aisle has been utterly determined to learn nothing from the economic experiences of recent years. If one of these candidates ends up in the hot seat the next time crisis strikes, we should be very, very afraid.

 

By: Paul Krugman, Op-Ed Columnist, The New York Times, August 28, 2015

August 29, 2015 Posted by | China, Financial Crisis, Global Economy | , , , , , , , | 3 Comments

“Some GOPers Want To Play Chicken”: Getting An Obamacare Repeal Bill On Obama’s Desk; For What?

There’s an interesting Rachel Bade/Jennifer Haberkorn piece up at Politico about all the trouble congressional Republicans have encountered in trying to use the budget reconciliation process to pass a simple veto-proof “root and branch” repeal of the Affordable Care Act. Seems the Senate parliamentarian is telling them they’d have to limit themselves to items with an immediate budgetary impact in any reconciliation bill. But any “partial” repeal–much less a replacement–legislation would raise policy questions on which Republicans disagree, and might also involve deficit-boosting consequences for which offsets would have to be found. So some GOPers want to play chicken:

Some conservatives and staff in both chambers, like House Freedom Caucus Chairman Jim Jordan (R-Ohio), are urging the chambers to do a straight one- or two-sentence repeal of everything. They argue that the parliamentarian has to look only at the words in front of her during reconciliation and should not be able to force lawmakers to break out the provisions on their own.

One aide working on the matter suggested they may try this and see if it works — but others are doubtful.

I guess I’m unclear as to why this is worth the trouble. Getting legislation repealing Obamacare onto Obama’s desk, long the obsessive goal of congressional Republicans, will not accomplish a thing other than confirming that Obama doesn’t want to kill his signature domestic policy achievement and Republicans do. I think most voters out there for whom opposition to Obamacare is a “bullet vote” have probably already figured out they should vote Republican in 2016. So the whole exercise appears to be one of those “energize the base” things whose value I am always questioning.

I do think that if SCOTUS kills Obamacare subsidies in states using federal exchanges there will be some value in Republicans getting a bogus “fix” onto the president’s desk in order to blame him for the subsequent chaos. In that contingency they could almost certainly structure a bill that would meet the conditions for reconciliation, and could probably tamp down any internal opposition by ensuring dissenters there’s zero chance any of it will become law. But on “root and branch repeal,” they might as well just promise they’ll git er done when President Bush or Walker or Rubio takes office.

 

By: Ed Kilgore, Contributing Writer, Political Animal Blog, The Washington Monthly, June 1, 2015

June 5, 2015 Posted by | Affordable Care Act, Budget Reconcilation, GOP | , , , , , , , | 1 Comment