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“GOP Establishment Is Beginning To Panic”: Are Republican Voters Going To Come To Their Senses About Donald Trump?

The metaphor most often used about Donald Trump’s candidacy these days is that he’s “defying gravity,” which implies that while a real candidate can rise and then stay high all the way to the nomination, a candidate like Trump is supposed to bounce up and then fall back down to earth. But even as Trump is no longer enjoying the blanket coverage that he did a month or two ago, he’s still leading the Republican field.

Meanwhile, the candidate in second place, Ben Carson, is every bit Trump’s equal when it comes to policy ignorance, appalling statements, and the potential for a disastrous general election. The establishment’s early choice, Jeb Bush, has cratered, while its second choice, Marco Rubio, is creeping up slowly, but so far seems to be generating much more interest from funders and strategists than from actual voters.

So as Byron York reports today, the GOP establishment is beginning to panic, about Trump in particular:

This weekend was an inflection point in the Republican presidential race — a moment in which some significant part of the GOP establishment came out of denial and realized Donald Trump might well become their party’s nominee.

“The Republican establishment, for the first time, is saying, off the record, this guy can win,” noted Joe Scarborough on MSNBC Monday morning. “I’ve heard that from everybody. I don’t hear anybody saying he can’t win the nomination anymore.”

That doesn’t mean Republicans have made their peace with a Trump victory. On the contrary — some are preparing to do whatever it takes to bring him down. Which could lead to an extraordinary scenario in which GOP stalwarts go to war to destroy their own party’s likely nominee.

The trouble is that they don’t have much of a war plan, partly because “the establishment” is far less organized and unified than you might think, and partly because there are only so many tools at their disposal. There’s talk of a large TV ad campaign against Trump, built on “the political insiders’ unshakable faith that negative ads work.” You can also see that faith in this interview with longtime GOP strategist Mike Murphy, who’s running Jeb Bush’s “Right to Rise” Super PAC. Murphy’s argument for why Jeb is still the candidate to beat, despite the fact that his support has fallen to single digits and he’s now in fourth or fifth place in most polls, is essentially that Jeb will win because unlike the other candidates, he has a lot of money to run ads.

Ads can work, in the right context (though they have a short half-life; their effect tends to fade quickly). But they’re not a guarantee of anything, particularly when you have a candidate who has performed as poorly as Jeb, whose latest genius campaign maneuver is getting into an argument with Trump about whether his brother was actually president when the September 11 attacks happened. And the truth is that while Jeb may have raised the most money, some other candidates aren’t doing too badly either, particularly Carson and Ted Cruz.

In any case, the theory underlying not just Jeb’s candidacy but also Rubio’s is that eventually, the voters will come around to someone reasonable. They may need to be pushed in the right direction, but they can’t stick with the likes of Trump and Carson forever. The lower-tier candidates will drop out, the voters will coalesce around a smaller number of alternatives, and the choice will become clear, at which point one of the sane candidates will win.

Which could well happen. But by now, we should be wary of assuming anything about this race. How many people expected Trump to do as well as he has for as long as he has? The establishment and his opponents have tried a series of arguments against Trump, none of which have worked. He’s not a real conservative. He’s erratic. He’s ignorant. He’s killing us with Hispanics. If he was the nominee, we’d lose in a landslide.

All of which is true, but so far it hasn’t mattered. Trump is still leading, as he has from almost the moment he got into the race. As NBC News said this morning, “Donald Trump and Ben Carson are only getting STRONGER as we head into next week’s third GOP debate.” Nobody supporting Trump is unfamiliar with him; it’s getting less and less likely that an opponent will be able to say, “Did you know this about Trump?” and watch his support ebb away. They know who and what he is, and that’s why they’re behind him.

Trump is now putting together an actual campaign organization, with things like ballot-access specialists and ground operatives, which he didn’t have before. As Ron Brownstein points out, “Trump is ce­ment­ing a strong blue-col­lar base, while the white-col­lar voters re­l­at­ively more res­ist­ant to him have yet to uni­fy around any single al­tern­at­ive.” The longer that unification takes, the better position Trump will be in; it isn’t hard to imagine him winning one early state after another and building up an unstoppable momentum.

Those who have been observing politics for a long time — whether you’re talking about journalists or the insiders now trying to figure out how to stop Trump — still have trouble wrapping their heads around the idea that he could really win. They now acknowledge that it’s possible, but it still seems crazy. Which it certainly is. But it’s looking like the establishment is going to have to do more than wait for primary voters to come to their senses if they want to stop him.

 

By: Paul Waldman, Senior Writer, The American Prospect; Contributor, The Plum Line Blog, The Washington Post,  October 20, 2015

October 23, 2015 Posted by | Donald Trump, Establishment Republicans, GOP Presidential Candidates | , , , , , , , | 5 Comments

“The High Life Has Ended For Team Jeb”: Are Donors Getting Annoyed At How Little They’re Getting In Tangible Political Results?

There’s a fascinating piece up at Politico this morning from Eli Stokols and Marc Caputo that documents the Jeb Bush presidential campaign’s new interest in frugality.

On the first day of a two-day Iowa swing back in August, Jeb Bush flew from Davenport to Ankeny in a private plane. The next day, after he spent more than four hours bounding around the State Fairgrounds in Des Moines, a top adviser attributed Bush’s high energy level to having spent less time in transit.

I didn’t know Ankeny, a Des Moines suburb, had its own airstrip. But I digress.

Those days are over.

Last week, Bush spent three days in Iowa, traveling again from Des Moines to the state’s eastern edge, campaigning in the Mississippi River towns of Bettendorf and Muscatine — but this time, he went by car. The campaign also cancelled its reservation at the tony Hotel Blackhawk in nearby Davenport, staying instead at a cheaper hotel. More and more, Bush is flying commercial.

“The high life has ended,” said one Florida operative familiar with the campaign’s operation. “They’re running a more modest operation in the last two weeks, and the traveling party has definitely shrunk.”

If you read the whole piece, Bush campaign operatives are at pains to deny they’re having money troubles. (We’ll know more about that shortly when third-quarter fundraising and spending and cash-on-hand numbers are available.) No, we are told, they’re just smart little squirrels saving up those acorns for the long slog of the primary season. But it’s also clear they fear donors are getting a little annoyed at how little they are getting in the way of tangible political results for the ducats they’ve coughed up:

Conceived as a fundraising juggernaut that would “shock and awe” opponents into oblivion, Bush’s campaign is suddenly struggling to raise hard dollars and increasingly economizing — not because he’s out of money, but to convince nervous donors, who are about to get their first look at his campaign’s burn rate, that he’s not wasting it.

“At a certain point, we want to see a bang for the buck. We’re spending the bucks — and we’re seeing no bang,” a longtime Bush Republican said.

Bush is stuck at 7 percent in an average of national polls. He’s at close to 9 percent in New Hampshire, putting him in sixth place in the early state he most needs to win. Although his poll standing isn’t much better, Marco Rubio is starting to catch the eye of deep-pocketed establishment donors impressed by his leaner operation and unique appeal as a candidate.

Moreover, Bush’s Super-PAC has just spent a solid month running ads, especially in New Hampshire, without any notable payoff so far.

The Politico article doesn’t explicitly say it, but you figure one fear Team Bush has is that donors will decide the whole enterprise is now set up to subsidize itself, spending down the massive early war chest it built up whether or not Jeb’s going anywhere other than Palookaville. This is precisely the accusation Erick Erickson is making about Rand Paul’s campaign in a post that urges the Kentucky senator to “take your campaign out back and shoot it.”

 

By: Ed Kilgore, Contributing Writer, Political Animal Blog, The Washington Monthly , October 15, 2015

October 16, 2015 Posted by | GOP Campaign Donors, GOP Primaries, Jeb Bush | , , , , , | 2 Comments

“The Crazies And The Con Man”: Hoodwinking The News Media And Self-Proclaimed Centrists

How will the chaos the crazies, I mean the Freedom Caucus, have wrought in the House get resolved?

I have no idea.

But as this column went to press, practically the whole Republican establishment was pleading with Paul Ryan, the chairman of the Ways and Means Committee, to become speaker. He is, everyone says, the only man who can save the day.

What makes Ryan so special?

The answer, basically, is that he’s the best con man they’ve got. His success in hoodwinking the news media and self-proclaimed centrists in general is the basis of his stature within his party. Unfortunately, at least from his point of view, it would be hard to sustain the con game from the speaker’s chair.

To understand Ryan’s role in our political-media ecosystem, you need to know two things.

First, the modern Republican Party is a post-policy enterprise, which doesn’t do real solutions to real problems. Second, pundits and the media really, really don’t want to face up to that awkward reality.

On the first point, just look at the policy ideas coming from the presidential candidates, even establishment favorites such as Marco Rubio, the most likely nominee given Jeb Bush’s fatal lack of charisma. The Times’ Josh Barro dubbed Rubio’s tax proposal the “puppies and rainbows” plan, consisting of trillions in giveaways with not a hint of how to pay for them — just the assertion that growth would somehow make it all good.

And it’s not just taxes, it’s everything.

For example, Republicans have been promising to offer an alternative to Obamacare since the Affordable Care Act passed in 2010, but have not produced anything resembling an actual health plan.

Yet, most of the media, and most pundits, still worship at the church of “balance.” This creates a powerful demand for serious, honest Republicans who can be held up as proof the party does too include reasonable people making useful proposals. As Slate’s William Saletan, who enthusiastically touted Ryan but eventually became disillusioned, wrote: “I was looking for Mr. Right — a fact-based, sensible fiscal conservative.”

And Paul Ryan played and in many ways still plays that role, but only on TV, not in real life. The truth is his budget proposals always have been a ludicrous mess of magic asterisks: assertions that trillions will be saved through spending cuts to be specified later, that trillions more will be raised by closing unnamed tax loopholes. Or, as the nonpartisan Tax Policy Center put it, they’re full of “mystery meat.”

But Ryan has been very good at gaming the system, at producing glossy documents that look sophisticated if you don’t understand the issues, at creating the false impression his plans have been vetted by budget experts. This has been enough to convince political writers who don’t know much about policy, but do know what they want to see, that he’s the real deal. (A number of reporters are deeply impressed by the fact he uses PowerPoint.) He is to fiscal policy what Carly Fiorina was to corporate management: brilliant at self-promotion, hopeless at actually doing the job. But his act has been good enough for media work.

His position within the party, in turn, rests mainly on this outside perception.

Ryan certainly is a hard-line, Ayn Rand-loving and progressive-tax-hating conservative, but no more so than many of his colleagues. If you look at what the people who see him as a savior are saying, they aren’t talking about his following within the party, which isn’t especially passionate. They’re talking, instead, about his perceived outside credibility, his status as someone who can stand up to smarty-pants liberals — someone who won’t, says MSNBC’s Joe Scarborough, be intimidated by “negative articles in The New York Times opinions page.”

Which brings us back to the awkward fact that Ryan isn’t actually a pillar of fiscal rectitude, or anything like the budget expert he pretends to be. And the perception he is these things is fragile, not likely to survive long if he were to move into the center of political rough and tumble. Indeed, his halo was visibly fraying during the few months of 2012 he was Mitt Romney’s running mate. A few months as speaker probably would complete the process, and end up being a career-killer.

Predictions aside, however, the Ryan phenomenon tells us a lot about what’s really happening in American politics.

In brief, crazies have taken over the Republican Party, but the media don’t want to recognize this reality. The combination of these two facts created an opportunity, indeed a need, for political con men.

And Ryan has risen to the challenge.

 

By: Paul Krugman, Op-Ed Columnist, The New York Times, October 12, 2015

October 16, 2015 Posted by | House Freedom Caucus, House Republicans, Paul Ryan | , , , , , , , , | 1 Comment

“A Sad Window Into Our Political Dysfunction”: 3 Peerless Republicans For President; Trump, Carson And Fiorina

The leading contenders for the Republican nomination for president tell us three interesting things about America.

First, many G.O.P. voters are so disenchanted they’re willing to entrust the country to candidates — Donald Trump, Ben Carson and Carly Fiorina — with zero experience in elective office or military command. Only two men without previous time in major elective office or the military have been president, Herbert Hoover and William Howard Taft, and both had held cabinet posts. No president has ever been as inexperienced as any of these three leading Republican candidates.

Second, the public feels an odd awe for C.E.O.s and presumes they know how to run things, even if their records suggest otherwise. This cultural reverence for C.E.O.s perhaps also explains why pay packages have increased — and why Fiorina was allowed to take home a $21 million severance package after she was fired as Hewlett-Packard’s chief executive for incompetence.

Third, the only kind of welfare that carries no stigma in America is corporate welfare. For all Trump’s criticisms of government, his family wealth came from feeding at the government trough. His father, Fred Trump, leveraged government housing programs into a construction business; the empire was founded on public money.

My bet is that Trump, Fiorina and Carson will fade, and that voters will eventually turn to a more conventional candidate, perhaps Senator Marco Rubio. From the Democrats’ point of view, the scariest Republican ticket might pair Rubio with John Kasich. Rubio has natural political skills, projects youth and change, and would signal that the Republican Party is ready to expand its demographic base. Rubio and Kasich would also have a decent chance of winning their home states, Florida and Ohio — and any ticket that could win Florida and Ohio would be a strong contender.

But instead, Republican primary voters for now are pursuing a bizarre flirtation with three candidates who are the least qualified since, well, maybe since Trump put his toe in the waters before the 2000 election.

In that sense, they offer a window into the American psyche — part of which is our adulation of the C.E.O.

There’s something to be said for C.E.O.s’ entering politics: In theory, they have management expertise and financial savvy. Then again, it didn’t work so well with Dick Cheney.

More broadly, the United States has overdone the cult of the C.E.O., partly explaining why at the largest companies the ratio of C.E.O. compensation to typical worker pay rose from 20 to one in 1965 to 303 to one in 2014, according to the Economic Policy Institute.

In any case, even if you were conducting a job search for a great C.E.O. to lead the free world, you wouldn’t turn to either Trump or Fiorina.

My sense is that Trump isn’t the idiot that critics often claim (the most common words voters used to describe him in a recent poll were “idiot,” “jerk,” “stupid” and “dumb”). This is a man who is near the top of diverse fields: real estate, book writing, television and now presidential politics. He’s a born showman, a master of branding and marketing. But he doesn’t seem a master of investing.

Back in 1976, Trump said he was worth “more than $200 million.” If he had simply put $200 million in an index fund and reinvested dividends, he would be worth $12 billion today, notes Max Ehrenfreund of The Washington Post. In fact, he’s worth $4.5 billion, according to Forbes.

In other words, Trump’s business acumen seems less than half as impressive as that of an ordinary Joe who parks his savings in an index fund.

An index fund might also have been less ethically problematic. In the 1970s, the Justice Department accused Trump of refusing to rent to blacks. And in 2013, New York State’s attorney general sued him, alleging “persistent fraudulent, illegal and deceptive conduct”; Trump denied the charges.

If Trump’s performance as a business executive was problematic, Fiorina’s was exceptional. Exceptionally bad.

Put aside the fact that she’s the C.E.O. who fired thousands of workers while raking in more than $100 million in compensation and pushing H.P. to acquire five corporate jets. Just looking at the bottom line, she earned her place on those “worst C.E.O.” lists she appeared on.

As Steven Rattner wrote in The Times, Hewlett-Packard’s share price fell 52 percent in the nearly six years she was at the helm. H.P. did worse than its peers: IBM fell 27.5 percent, and Dell, 3 percent.

Oh, and on the day she was fired, the stock market celebrated: H.P. shares soared 7 percent.

If I wanted a circus ringmaster, I’d hire Trump. If I wanted advice on brain surgery or hospital management, I’d turn to Carson. Fiorina would make an articulate television pundit. But for president?

The fact that these tyros are the three leading presidential contenders for a major political party is a sad window into our political dysfunction.

 

By: Nicholas Kristof, Op-Ed Columnist, The New York Times, October 8, 2015

October 12, 2015 Posted by | Ben Carson, Carly Fiorina, Donald Trump, GOP Presidential Candidates | , , , , , , , , , | 2 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