Mitt Romney Has Signed Paul Ryan’s Suicide Note
Suddenly Republicans are wondering: is Mitt Romney really so electable after all?
Turns out Rick Santorum won Iowa. Newt Gingrich’s attacks on Romney’s record at Bain have drawn blood. More blood has flowed from Romney’s own admission this week that he pays a tax rate of only about 15 percent on his ample income. Then there’s Romney’s offhand dismissal of the $374,000 he earned in speaking fees in 2011—enough in itself to qualify Romney for the top 1 percent—as “not very much.” All of which has led political analyst Jeff Greenfield to quip, “Only way for Mitt to look more like embodiment of wealth is to wear a top hat and monocle (thank God he doesn’t smoke cigars!)”.
Yet in itself, great personal wealth need not be an obstacle to the presidency. John F. Kennedy was wealthier than Mitt Romney, and Lyndon Johnson not a lot less so. The two Roosevelts were likewise far from poor; ditto the two Bushes.
Romney, however, seems already type-cast as a dangerously out-of-touch Richie Rich.
The journalists and commentators who watch his campaign tend to blame Romney personally for the disconnect. Little gaffes get magnified into campaign-wrecking disasters, like describing $374,000 in speaking fees as “not much.”
But when a campaign is connecting, it can ride out gaffes. Bill Clinton reached the White House despite Hillary Clinton dismissing at-home moms as “staying home to bake cookies,” and Obama rode out the fuss triggered by a tape recording of his description of rural white voters “clinging to their guns and religion.”
Romney’s trouble is not his too-pressed shirts or his too-coiffed hair or even his tax returns. Bill and Hillary Clinton also had a tax return problem in 1992: it was revealed that they had claimed a tax deduction for donating used socks and underwear to Goodwill. It looked petty and grasping. They won anyway.
Romney’s problem is not his wealth. It is his apparent lack of concern for others’ nonwealth. But that lack of concern has been sharpened to a dangerous point, not by Romney himself, but by the missteps of his party.
Why would the typical voter care whether Romney is rich or not? From the point of view of the typical voter at the median household income of $49,500, all the presidential candidates look rich. They almost always do.
The question of utmost concern to the voter is, what will these rich politicians do for me? Or to me?
And here’s where Romney faces his real challenge—2012 will be a tough re-elect for Barack Obama. When Democrats face tough elections, there is one thing they can always be counted on to do: accuse Republicans of having a secret plan to eliminate Medicare. Jimmy Carter did it in the presidential debate of 1980: “Governor Reagan, as a matter of fact, began his political career campaigning around this nation against Medicare.” Bill Clinton did it in his duel against Newt Gingrich in 1995-96: “Yesterday [congressional Republicans] sent me legislation that said—we will only keep the government going, and we will only let it pay its debts if and only if we accept their cuts in Medicare, their cuts in education, their cuts in the environment, and their repeal of 25 years of bipartisan commitments to protect the environment and public health.”
President Obama would dearly like to do it again in 2012. But this time, Republicans made it easy for him. Obama does not have to accuse them of having a secret plan to eliminate Medicare. In 2011, all but four House Republicans and all but five Senate Republicans voted for a very public plan to withdraw the Medicare guarantee from Americans younger than age 55.
The Paul Ryan plan would instead offer future retirees support to buy a private insurance plan—with the amount of the support rising at the rate of general inflation. If health care costs continue to rise during the next three decades at the same pace as in the past three decades, then—under this proposal—today’s 30-somethings would receive support sufficient to cover about 25 percent of their Medicare costs, leaving them to find the other 75 percent themselves. The money saved would be applied to balance the budget and finance a big tax cut, reducing the top income-tax rate to 28 percent from the otherwise scheduled 39.6 percent.
Conservative columnist Charles Krauthammer at the time expressed worry that the Ryan plan might prove a “suicide note.”
And at first Mitt Romney shrewdly kept his distance. “I appreciate what Paul Ryan has done,” Romney said on May 27, 2011, and cautiously added, “I’m going to have my own plan.” Asked whether he’d sign the plan, Romney demurred: “That’s the kind of speculation that is getting the cart ahead of the horse.”
A week later, Romney’s resistance was weakening. Asked June 2, 2011, whether he would sign the Ryan plan if it comes to him, he said yes, but added again, “I’m going to have my own plan.”
Through the fall, Romney yielded more and more ground to pressure from congressional Republicans entranced by Ryan’s vision.
In November, Romney did at last release that Medicare plan of his own. Structurally, the Romney plan resembled Ryan’s. But it remained vague on the key feature: how much premium support would future seniors get?
Then Gingrich began to rise in the polls, the first adversary to seriously worry the Romney campaign. To protect his right flank, Romney in December for the first time expressed unequivocal support for the Ryan plan—and the end of the Medicare guarantee for those now under 55.
Would a President Romney do such a thing? Would Congress really ultimately go along with it? Probably not and certainly not. But can President Obama credibly allege that a President Romney might do it? And will those allegations exact an electoral cost?
If the answers to those questions prove to be “yes,” conservative critics will blame Romney for his “weakness” as a candidate. But the real weakness will be that Romney acceded to those conservatives’ pressure to co-sign Paul Ryan’s suicide note.
By: David Frum, The Daily Beast, January 20, 2012
“Living Dangerously”: The Year Of GOP Hostage-Taking
When the House GOP’s enormous freshman class arrived on Capitol Hill in January, it wasn’t uncommon to hear them sound off on the mistakes their predecessors made in 1995. Despite having shut down the government — twice! — House Republicans under Newt Gingrich had caved too easily, didn’t push hard enough, didn’t embody the true spirit of conservatism.
But the new House leadership wasn’t so sanguine. Many had lived through the Gingrich revolution and its aftermath. Others had been around long enough to hear tales of it. And so they mapped out a strategy specifically designed to avoid what they believe were the party’s ’90s-era mistakes.
In other words, the two factions — the newly energized backbenchers and the veteran leadership — were pulling each other in opposite directions. The tug of war left the House GOP’s strategic center of gravity stuck in an unstable position. The party was committed to fighting as hard as possible, but stopping short of its most conservative members’ slash and burn instincts.
The 2011 version of the House GOP, in not always easy coordination with Senate Republicans, would approve must-pass bills, but only after dragging negotiations down to the wire and extracting as many concessions as possible from Senate Dems and the White House each time. We saw that strategy play out over and over again this year, with mixed results for both parties and largely poor results for the country at large.
Here’s a quick lookback at a year of living dangerously — and the series of recurring crises that it produced.
APRIL: Government Shutdown
This fight set the tone for the remainder of the year. At the tail end of the last Congress, Republicans blocked a bipartisan effort to fund the government through the end of the fiscal year in September 2011. They’d made big gains and wanted an early bite at the apple in the new Congress. With government funding set to expire, House Republicans sought to make good on their pledge to cut $100 billion from domestic federal programs right away. In addition, they sought to attack the Obama administration’s power to govern from the executive branch with scores of legislative riders meant to limit access to women’s health centers, weaken environmental regulations and so on. The administration and Senate Dems sought to limit the damage — but it wasn’t easy. In negotiations that lasted until minutes before the government shutdown, Republicans locked in billions of dollars in budget cuts, and even a few riders, including one that reinstated a ban preventing the District of Columbia from spending local tax dollars on abortion services.
AUGUST: Debt Limit
This is where House Republicans overplayed their hand — but also made, from a conservative point of view, the most substantive gains. Republicans held the country’s borrowing authority hostage. They implicitly threatened to let the country default on its debt obligations unless Democrats agreed to massive cuts to federal programs over the course of a decade. For a time, the White House genuinely saw this as an opening to strike a fiscal “grand bargain” with House Speaker John Boehner. But in an early indication of the limited room Boehner’s conference would give him to deal, those negotiations fell apart over the GOP’s reluctance to increase taxes on the wealthy. So Democrats reverted again to a “contain the damage” strategy. The damage was pretty severe: $1 trillion in cuts to defense and domestic discretionary spending over the next year, enforced through statutory budget caps; a downgrade to the country’s AAA rating by Standard & Poor’s; and, because the Super Committee the debt deal created would ultimately fail, the prospect of another $1.2 trillion in across the board cuts to national security programs, Medicare providers, and other parts of the budget, which are set to kick in on January 1, 2013, unless Congress finds savings elsewhere.
The good news for now is that the budget cuts are somewhat backloaded and won’t become too severe until later in 2012 and 2013. In the meantime, the country’s fiscal fate — whether we’re on a bumpy path toward unwinding the New Deal or toward shoring it up — now hinges on the outcome of the 2012 elections. If a Republican beats President Obama, the GOP will continue to put the squeeze on government revenue and pursue a course of swapping out the automatic defense and Medicare provider cuts with cuts to other key support programs.
SEPTEMBER: Disaster Relief
The debt limit fight was a political disaster, and an embarrassment for Dems who found themselves outmaneuvered throughout. But it also marked the point at which they adopted a new, more confrontational strategy with the GOP. That manifested itself in a small skirmish over funding the government in the new fiscal year that began in October. Republicans attempted to use the expiration of government funds at the end of the fiscal year as leverage to force Democrats to offset the cost of federal disaster relief with cuts to a successful hybrid vehicle incentive program. Indeed, House Republicans they tried to jam Senate Dems and skip town. In the end, Democrats refused to budge, FEMA managed to squeak by with the disaster relief funds it had, and a shutdown was again averted.
NOVEMBER: Super Committee
The debt limit fight led to the creation of the Super Committee, and a whole new fight over reducing federal deficits. But this fight was completely different. With the threat of a debt default off the table, Democrats drew a line: no cuts to entitlement benefits until Republicans agreed to break the stranglehold anti-tax conservatives have on their party. That break never really happened, and so the 12-member panel failed. As a result, major across the board cuts to defense, Medicare providers and other programs are set to kick in on January 1, 2013, unless Congress comes up with something better. That’s why the coming year and the presidential election are so high-stakes. They’re all about the nation’s priorities.
DECEMBER: Payroll Tax Cut
The GOP strategy of pushing negotiations to the brink of crisis finally caught up with them in the fight over extending the payroll tax cut, giving Democrats their most decisive victory of the year. Not only did Dems manage to turn the Republicans’ reluctance to renew the 2011 payroll tax cut into a huge political liability, they reset the consensus entirely. And in the process they left the House GOP conference — and the relationship between House and Senate Republicans — in shambles. In the end, Congress renewed the payroll tax cut for two months, and both parties have committed to extending it through the end of 2012. But Republicans will have to do so on Democrats’ terms. If they learned nothing from the last month, and try to pick another fight over payfors and unrelated riders, they risk a much more severe political embarrassment in the middle of primary season and, many observers have speculated, losing control of the House in 2013.
By: Brian Beutler, Talking Points Memo, December 28, 2011
Willard Mitt Romney Rails Against “Entitlement Society” — That Takes Chutzpa
Earlier this week, Republican Presidential candidate Willard Mitt Romney delivered a speech framing the 2012 presidential election as a choice between an “entitlement society” and an “opportunity society.”
It really takes chutzpa for a guy who was born with a silver spoon in his mouth to rail against an “entitlement society.” Here is a guy who got his start in life the old-fashioned way — he inherited it.
Now I realize that you don’t get to choose your parents. He had no role in deciding that he would be born into the family of an auto executive and Michigan Governor — but at least he should have the decency not to attack “entitlements.”
This is not a guy who pulled himself up by his boot-straps. His name, his family connections and — not incidentally — his money gave him a real leg up when he decided to go into the investment banking business. And let’s not forget that when he did go into business for himself, he didn’t make money building things or inventing things — or designing new products. He made money buying companies, and often breaking them up, or firing employees.
Last Sunday’s New York Times reported that Romney continued to make money from his old firm Bain Capital through his time as Governor and his attempts to run for Senate and President. It noted that much of his income is likely taxed at only 15% — though we don’t know for sure since he refuses to release his tax returns.
He is the poster boy for the one percent — and he is talking about “entitlements”?
If you ask someone on the street which kid in high school Mitt Romney reminds him of, he is likely to tell you it’s the kid who drove to school in a Ferrari and got all the socially “in” girls. He was the smug guy who knew he was set for life.
As humorist and political commentator Jim Hightower used to say of the first George Bush — Romney is a guy who was born on third base and thinks he hit a triple. And he is lecturing America about the “entitlement society? ”
And let’s look at what he refers to as “entitlements.” Mainly he’s talking about Social Security, Medicare and Medicaid. Let’s remember that Social Security and Medicare are not “entitlements” at all. They are earned benefits that people pay for through their payroll taxes throughout their working lives.
And Medicaid? It’s the program that guarantees that if you’re a child who is not lucky enough to be born into the household of an auto executive and Michigan Governor you still get health care. It’s the program that assures that if you weren’t lucky enough to have a trust fund — or if some investment banker bought your company and fired you — that you can still get treatment if you get hit by a bus. It’s the program that assures that when you’re 80 years old and get Alzheimer’s but your 401-K disappeared because a bunch of Wall Street sharpies made reckless investments and sunk the economy — you can get long-term care instead of being left to die on the street.
Then again that’s not something a guy like Mitt Romney would know about. In fact he admitted the other day that he didn’t really know the difference between Medicare and Medicaid until he was 55 years old. Guess a guy who has about $200 million in assets doesn’t have to worry about such things.
You see, a guy like Romney doesn’t have the foggiest that the government initiatives he attacks are precisely the things that actually do create “an opportunity society.”
It was the GI Bill that sent the generation of Americans that fought World War II to college. It is Pell Grants and government-guaranteed student loans that allow most middle class Americans to send their kids to college.
It was Medicare and Social Security that rescued American seniors from poverty and provided guaranteed health care and a guaranteed base income for retirement. Romney, of course, wouldn’t know how important an average $14,000 annual Social Security benefit is to an everyday senior — that’s an hour’s compensation for the high-flying Wall Street types he hung around with at Bain Capital.
No, Romney is much more interested in privatizing Social Security and Medicare so his Wall Street buddies can get their hands on the Social Security and Medicare Trust Funds — even though that would eliminate the guaranteed benefits that are so critical to the health and welfare of America’s seniors.
Romney and the Republicans in Washington don’t seem to give a rat’s rear about the unemployment insurance or payroll tax holiday that will expire in ten days because the House Republicans have refused to pass a two-month extension while the terms of a year-long extension can be negotiated.
Forty dollars a paycheck — the cost of the increased payroll tax bite that everyday families will experience the first of the year — may not mean much to a multi-millionaire like Mitt Romney. But to ordinary families, $40 is the electric bill or several bags of groceries — and after just a few pay periods, it begins to add up pretty fast.
Turns out that when Republicans in Washington talk about taxes, they’re not so worried about a $40 increase ordinary people will have to pay in payroll taxes every time they get a paycheck. They’re worried about million dollar tax breaks for the gang on Wall Street.
Romney doesn’t even seem to have a clue that it is funding for public education and the public infrastructure that allows everyday Americans to have an opportunity to succeed — or that government has a responsibility to jumpstart the economy so that everyday, middle class people can get jobs.
In fact, he seems to agree with the Republican leaders of the House who say that unemployment benefits discourage people from looking for work. Guess Mitt has never been one of the five people competing for every available job. Oh, I forgot, Mitt says he is “unemployed” too. Talk about out of touch.
No, Romney’s view of an “opportunity society” is one where the government does nothing to help prevent foreclosures “so the market can bottom out.” It is one where the government stands by while the American auto industry collapses and costs a million Americans their good middle class jobs.
Then again, maybe Mitt’s idea of an “opportunity society” is having the “opportunity” to win the lottery — or maybe that would be a $10,000 bet. Doesn’t everyone make those?
By: Robert Creamer, The Huffington Post, December 22, 2011
PolitiFact’s Pants On Fire For Choosing “Ryan Will End Medicare” As “Lie Of The Year”
This morning, PolitiFact announcedthat the Democrats’ charge that Rep. Paul Ryan (R-WI) budget will end Medicare is the biggest lie of the year — even though it’s 100 percent true!
Here is why: Ryan’s plan ends traditional fee-for-service program and forces all future retirees to ultimately enroll in private coverage.
Under his proposal, beginning in 2022, people turning 65 will receive a pre-determined “premium support” payment to purchase private insurance. Insurers will offer a basic package of benefits, but traditional Medicare — the program that President Lyndon Johnson enacted in 1965 — will literally stop enrolling new beneficiaries. Rather than paying health care providers directly — and using its market clout to secure better bargains and other efficiencies for enrollees — the government would now pay multiple private health insurers pre-determined amounts per beneficiary to act as middle men between patients and providers.
It will no longer guarantee seniors a defined package of benefits, but will instead only offer a defined contribution towards their health care costs. As the Congressional Budget Office (CBO) analysis of Ryan’s proposal explains, “the payment for 65-year-olds in 2022 is specified to be $8,000, on average, which is approximately the same dollar amount as projected net federal spending per capita for 65-year-olds in traditional Medicare.” However every subsequent year, as health care costs increase, the government’s contribution “would grow at a slower rate,” inflation, and the age of the enrollee. By 2030, under the proposal, the premium support would “only cover 32 percent of a typical 65-year-old’s total health care spending” and would decrease every subsequent year.
PolitiFact concedes that this is, in fact, “a huge change to the current program.” But it’s more than that. Capping costs to beneficiaries, closing the traditional fee-for-service program, and forcing seniors to enroll in new private coverage, ends Medicare by eliminating everything that has defined the program for the last 46 years.
By: Igor Volsky, Think Progress, December 20, 2011
Romney Doubles Down On Medicare Privatization
Mitt Romney clearly didn’t want to endorse Paul Ryan’s radical budget plan, which includes a measure to end Medicare. But now that he’s losing, Romney apparently feels as if he doesn’t have any choice.
After months of avoiding taking a firm stand on Ryan’s privatization scheme — Medicare’s guaranteed benefit would be scrapped, replaced with vouchers — Romney is suddenly on board with the far-right agenda without leaving himself much in the way of wiggle room. This began in earnest yesterday, when the Romney campaign boasted, “Mitt Romney supports what Paul Ryan did. He endorsed what Paul Ryan did.”
The Romney camp then further embraced the Ryan plan overnight, unveiling a new video attacking Newt Gingrich for having criticized Medicare privatization. Today, Romney was even more explicit at an event in Iowa, responding to a voter’s question.
“I spent a good deal of time with Congressman Ryan. When his plan came out, I applauded it, as an important step,” he said. “We’re going to have to make changes like the ones Paul Ryan proposed.”
Romney added that by using “vouchers,” he intends to help “protect” Medicare.
Right about now, I suspect there are a lot of folks at the DNC and at Obama for America HQ who are smiling.
Remember, Romney didn’t want to go to this point. He’s been entirely aware of how radioactive Ryan’s Medicare scheme was — polls showed the American mainstream hates it — and the fact that it cost Republicans at least one congressional special election this year, and will be a major issue in 2012. When Romney was confident that he’d be the nominee, he was comfortable avoiding this issue.
But now he’s stuck. Romney apparently intends to use his support for the Ryan plan to get ahead in the GOP nominating race, despite the general-election risks, working under the assumption that there won’t be a general-election for him unless he goes to the hard-right now.
I made the case yesterday that this is a major campaign development. Jonathan Cohn goes a little further today, explaining why this “may prove to be a critical moment.”
All of this frames a pretty stark choice for the next election…. [A] vote for President Obama will be a vote to implement Obamacare and keep Medicare, while a vote for the Republican nominee, assuming it’s Gingrich or Romney, will be a vote to eliminate the former and at least begin dismantling the latter (along with Medicaid, most likely).
Or to put it a bit more simply, the choice in the next election will be for universal health care for people of all ages or universal health care for nobody.
By: Steve Benen, Contributing Writer, Washington Monthly Political Animal, December 9, 2011
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