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“Threatening To Further A Very Bad Trend”: Romney’s All Wrong On Public Sector Employment

Is the 2012 election going to hinge on voters’ beliefs about the government workforce? It seems that at least this week’s news cycle will. It’s an important conversation to have. Public sector job loss is at the heart of our stagnant economy and is a big reason why the recovery can’t get real lift-off. Yet this isn’t a coincidental phenomenon or a bipartisan issue. Republican lawmakers are to blame for the bulk of these job losses, and their solutions to the problem will only add fuel to the fire.

To recap for those who don’t watch the Sunday talk shows: in a press conference on Friday, President Obama said, “The private sector is doing fine.” The full quote shows that he was talking about private sector job creation versus public sector job loss, but the pundits began a-punditing and soon his quote had become synonymous with “the economy is doing fine,” as if the private sector is all that matters.

Never one to sit on an opportunity to muddy his own message, Mitt Romney jumped in later in the day to take it further. Instead of confining his attack to Obama’s (purported) suggestion that things are hunky-dory in the private sector while the economy is still clearly suffering, Romney maligned some of the most beloved public sector workers. He said of Obama: “He wants another stimulus, he wants to hire more government workers. He says we need more fireman, more policeman, more teachers.… It’s time for us to cut back on government and help the American people.”

Both soundbites are likely to get so bent out of shape by the media game of telephone that they’ll eventually end up unrecognizable. But at the heart of each statement lies a fundamental difference in how the two candidates—and the two parties—view the nature of the jobs crisis. From Obama’s point of view, we’re not being dragged down by job loss in the private sector but by losses in the public sector. Romney sees exactly the opposite: we should cut even more jobs in the government and invest more heavily in private sector job creators. (He even explicitly called for government job cuts just a week ago.) So which view is right?

Evidence backs Obama’s perspective. Since the recovery officially began, the number of local government jobs has fallen by 3 percent, while the private sector has actually been able to add jobs—4.3 million, to be exact. And it’s worth comparing those numbers to recent recessions to get the full effect of just how bad, and abnormal, this trend is. Romney is at least partly right in that the private sector isn’t doing as well as it could be. At this point in the recessions experienced in 1992 and 2003, it had added 5 million and 4.5 million jobs, respectively.

But the public sector looks far, far worse now than it did then. As Ben Polak and Peter K. Schott write in the New York Times today, “In the past, local government employment has been almost recession-proof. This time it’s not.” Local government employment actually grew in the past two recessions by 7.7 percent and 5.2 percent for each respective period. This time around, it’s hemorrhaging jobs.

So it seems that while both candidates’ exaggerations were a bit off—Obama misspoke in suggesting that the private sector is completely shielded from pain—he gets closer to the heart of the problem than Romney. The huge fall in public sector employment really is dragging down the economy. As we wonder how to get out of this economic mess, it’s good to keep in mind another point Polak and Schott make: “If state and local governments had followed the pattern of the previous two recessions, they would have added 1.4 million to 1.9 million jobs and overall unemployment would be 7.0 to 7.3 percent instead of 8.2 percent.” That’s a huge difference.

But it’s also extremely important to remember why we’re in this situation. Polak and Schott hypothesize that it could be an electorate that is no longer willing to stomach paying for a growing government workforce. Or perhaps, they say, it’s that state and local governments have run out of ways to handle their extremely crunched budgets. But as Mike Konczal and I showed not too long ago, the massive job loss we’ve been experiencing in the public sector is no random coincidence or unfortunate side effect. It is part of an ideological battle waged by ultra conservatives who were swept into power in the 2010 elections. Republicans seized control of eleven states, and of those, five were at the top of the list for public sector job loss. Only seven states lost more than 2.5 percent of their government workforce from December 2010 to December 2011, and those five newly Republican states were among them. All others fared far better: they lost an average of .5 percent of their government employees.

This means that the eleven states that went red two years ago were responsible for 40 percent of these public sector job losses in 2011. If we add in Texas, a massive red state, we can pinpoint the source of 70 percent of those losses. And these losses were the result of deliberate decisions: even in the face of tight budget constraints, many of these states cut taxes for corporations and top earners while slimming down the public payrolls. It was part and parcel of a new agenda that came in with Tea Party–esque Republican legislators.

All of this is even more important when we switch from discussing the causes of the jobs crisis to the solutions. Romney’s plan looks very similar to those being played out in these ultraconservative states: he wants to further eviscerate the public workforce—including, apparently, policemen and teachers, who are desperately needed right now—while continuing tax breaks and creating even more for top earners and corporations.

On the other side of the aisle, Obama is still demanding—even if the demand is falling on deaf ears—that Congress pass his American Jobs Act, which would spend $35 billion in federal funds to keep those very government workers in their jobs. Guess who opposes that plan? Congressional Republicans and Mitt Romney.

There are still some remaining questions when it comes to Obama’s plan. Where’s the money to put public employees back to work after so many lost their jobs? Even more troublesome, if these job losses are due to ideologically driven decisions, will more federal spending really make a dent? Will these ultraconservative Republicans even accept the money? But it is clear that under a President Romney that money won’t even be offered and even less may be extended. Whether employed by the government or a private business, any voter should be nervous about a candidate that is threatening to further a trend that’s already holding our economy back.

 

By: Bryce Covert, The Nation, June 11. 2012

June 12, 2012 Posted by | Economy | , , , , , , , , | 1 Comment

“Complete Nihilists”: The Audacity Of GOP Dopes On Health Care

In three weeks or so, the Supreme Court will rule on health care. Republicans have been discussing what they might do in the event that poor, beleaguered John Roberts manages to withstand that vicious assault of the liberals and to lead a majority that strikes down the individual mandate. This one is a classic, folks. After spending three years lying their eyes out about the bill and tearing this country apart over it, it now turns out that they may well want to keep several of its provisions. And of course they want to keep the easy and fun stuff and get rid of all that bad-bad-bad stuff, but what they don’t understand—or more likely do understand but refuse to acknowledge—is that the good doesn’t work without the “bad.” It’s breathtaking and ignorant—whether breathtakingly ignorant or ignorantly breathtaking I’m not quite sure. Call it the audacity of dopes.

Two weeks ago, John Boehner was insisting that “Obamacare” must be repealed lock, stock, and barrel. Some other Republicans wanted the slightly less radical approach of keeping some aspects of the law. A few days ago, some in the House warmed to this idea. Now, TPM is reporting that Senate Republicans are hopping on the piecemeal train.

The idea is to preserve the language that requires insurers to cover people with preexisting conditions, because everyone likes that; to continue to permit young people up to age 26 to stay on their parents’ insurance, because that’s helpful, especially in a rocky economy; and to press forward with eliminating the Medicare prescription drug “donut hole,” whereby seniors have to pay 100 percent of medication costs within a certain price range.

The last two are fine. But that first one is the gobsmacker. You cannot just make insurance companies cover really sick people. Sick people are expensive people, and insurers’ costs will shoot to the heavens, and those costs of course will be passed along to everyone else. Is there a solution to this problem? Yes. The solution is to get more people in the insurance pool—especially more healthy people, who don’t cost a lot to cover. Then, insurers have more money to use paying for the care of the sick people. But since you can’t just wish for more healthy people to buy insurance, you have to figure out some way to get them to do so. And hence … the individual mandate. It broadens the pool and brings premiums down. It’s how you manage to pay for all those people who need radiation and chemo and dialysis.

There are alternatives to the mandate, which I needn’t go into now because the mandate is what we have. Without the mandate, you have millions of sick people being added to insurance rolls but no healthy ones. What happens? You develop “high-risk pools,” in the argot, and Harold Pollack, a leading health-care expert from the University of Chicago (who advised the Obama campaign) says that high-risk pools don’t work: “Except as a temporary stopgap measure, the track records of high-risk pools is quite poor. Experience in state programs indicates that high subsidies are required to keep premiums affordable for this (by definition) high-cost group. Many states have ended up capping the program, charging high premiums, or both.”

As it happens, the ACA has started temporary high-risk pools, designed to try to help some people before the law fully takes effect. Pollack studied them and wrote up the results in the Journal of General Internal Medicine last year. He found that the program’s funding didn’t come close to matching the need. In other words, lots of money is required to serve these people properly—money that would come from premiums imposed by the individual mandate.

The Republicans’ “answer” to this is their answer to everything like this, tax-free saving accounts. But health-savings accounts, if they work at all, which is a serious question, work only for healthy people who break a leg tossing the Frisbee. Nobody can sock away $25,000 for an operation or $100,000 for end-of-life care; the very idea is crazy. The GOP would also subsidize care for high-risk people. But Pollack notes that these subsidies would have to be billions of dollars a year. Republicans aren’t throwing that kind of money around at anything. Except at ships the Navy doesn’t want and tax cuts really rich people don’t need.

It’s just a shockingly unserious approach to a very serious problem of roughly 4 million uninsured Americans who have cancer, diabetes, emphysema, and the like. Republicans don’t give a happy crap about any of these people. They have no interest whatsoever in trying to solve a public problem. See, this is the Democrats’ burden, and when you come down it, the true difference between the parties these days. Democrats are actually concerned with trying to address a public-policy problem in a responsible way. You can disagree with their way, but they’re at least trying to do something positive in the country—help those 4 million as best they can. This involves difficulty and choices because nothing meaningful in life doesn’t. It also requires the people to stop being selfish apes for five minutes and look at the larger picture.

The Republicans, on the other hand, are complete nihilists. They don’t care about solving any policy problems. They care about two things. They care about politics—advantage, winning, humiliating Obama. And they care about ideology, their drunken and medieval belief that the market can fix everything. But wait; it’s not even really a belief. They’re dumb, but they are not that dumb. They don’t fully believe it. Like Romney accidentally acknowledging to Mark Halperin that huge budget cuts cause recessions. It’s just the garbage they say because it sounds good. No pain! Nothing is complicated! Be selfish!

There is some question as to whether the Republicans will unite behind the three planks I mentioned. Because only the “moderates,” the sell-outs, really want to do it. “Real” Republicans, the Tea Party people, want to kill every aspect of the bill, strike its name from the very records of history. So we’ll see what they do. And of course it all depends on the Supremes tossing the mandate out, which they might not do.

But if this chain of events unfolds, you can bet on Paul Ryan and others going out there to talk about their “reform” of the high-risk pool problem with all the pious sincerity they can muster. And if, God forbid, the Republicans win the presidency in November? Then they’d enact some patchwork thing with about 1/20th of the money actually required, and millions would remain uninsured. But most Americans would never be the wiser because 4 million people just isn’t that many to begin with. That’s how the GOP will hope to get away with it. Here’s hoping little Johnny Roberts is as delicate a flower as conservatives fear he is.

 

By: Michael Tomasky, The Daily Beast, May 31, 2012

June 4, 2012 Posted by | Health Reform | , , , , , , , , | Leave a comment

“Competing Traditions And A Series Of Scandals”: Wisconsinites Running The RNC Double Down On Walker Recall Fight

It’s not just because the attempt to recall conservative Gov. Scott Walker is a ground-game test case that foreshadows the super PAC–funded fight between big business and big labor in the fall presidential election.

It’s because the Wisconsin GOP dominates the Republican National Committee right now. This is a time of national influence for Badger State conservatives—and this recall effort is a personal challenge not just to Scott Walker, but to Republican Party Chairman Reince Priebus and his team at the top of RNC.

Priebus was the chairman of the Wisconsin Republican Party from 2007 through 2010 while also serving as the RNC’s general counsel. Under his leadership, the GOP took control of the Wisconsin statehouse as well as the Governor’s mansion. Walker and Preibus are personally close, talking and texting frequently, with a friendship that goes back more than a decade to when Walker served in the State Assembly and Preibus ran unsuccessfully for the State Senate.

Politics is about personal relationships, and the Wisconsin ties within the RNC run deep right now. For example, RNC Political Director Rick Wiley served as executive director of the state party. RNC counsel Jonathan Waclawski previously was finance director and chief counsel of the state party. Press Secretary Kirsten Kukowski worked as communications director of the state party. And National Field Director Juston Johnson was the campaign manager for Wisconsin Sen. Ron Johnson (no relation) as well as political director of the state party. The august offices of the RNC are now a paradise for Cheeseheads.

None of this is unprecedented or improper. It’s common for executives to bring in trusted team members from their home state. But the disproportionate influence of Wisconsin Republicans reflects how personally invested members of the RNC apparatus in this Tuesday’s recall results. This is personal—an ideological fight playing out on their home turf. And it shows how the national Republican Party has been uniquely well positioned to push back on attempts to undo the 2010 election results, beginning with state Senate special elections in April 2011.

The Republican Party’s history in Wisconsin, is deep and reflects the party’s competing conservative and progressive traditions. The GOP’s birthplace is regarded as Ripon, Wis., where it was formed in a small schoolhouse an antislavery alternative to the Whig Party in 1854. In the early decades of the 20th-century, “Fighting Bob” LaFollette and his sons were nationally known as Republican senators and leaders of the progressive movement. But a different, darker Republican tradition also emerged in Wisconsin by the mid-20th century, characterized by conservative Sen. Joe McCarthy and the establishment of the John Birch Society in Appleton, Wis. Rabidly anticommunist and reactionary in ways that helped give rise to both the book and term “The Paranoid Style in American Politics,” their influence on mainstream debates faded after McCarthy’s deserved disgrace. But in the 1990s, the Wisconsin Republican Party came back into national prominence with the pioneering welfare reform initiatives of Gov. Tommy Thompson, who won reelections by nearly 60 percent margins. And even before the elections of 2010, perhaps the brightest rising star and intellectual leader of the Republican Party was Wisconsin Rep. Paul Ryan.

But Scott Walker’s election in 2010 signified a decided shift to the right for statewide Republican candidates, and his collective bargaining reforms for public-sector unions—which he didn’t mention on the trail but introduced just after taking office—spurred weeks of protests at the state capital. The petition effort required to get a recall effort on the ballot returned more than a million signatures—twice the number needed. By early April, a stunning 46 percent of state residents strongly disapproved of his performance in office. The latest polls show Walker, despite marinating in sky-high disapproval numbers, with a slight edge over his challenger, Milwaukee Mayor Tom Barrett—but it’s all going to come down to the ground game on Election Day.

Buoyed by his national ties, and the national prominence of Tuesday’s recall contest—Walker has raised almost $15 million from out-of-state donors, as well as $10 million from those within Wisconsin. As of May 1, Walker had raised more from donors in Texas, Illinois, Florida, California, Missouri, and New York than Barrett had raised in total. Among the highest profile big-dollar Walker donors are Newt’s onetime super PAC sugar daddy Sheldon Adelson, who cut a $250,000 check, and Rick Santorum’s super PAC benefactor Foster Friess, who kicked in $100,000.

But while national prominence and connections have helped Walker’s bottom line, a series of local scandals threatens to add to the recall momentum. A “John Doe” investigation into improprieties when Walker was county executive is still being conducted, and six onetime Walker aides have been confronted with criminal charges and 13 individuals granted immunity. The public charges range from evidence that a separate wireless email router was installed in the county executive office to allow campaign-related business and fundraising to be conducted on government time to the far more serious and salacious charge that onetime Walker deputy chief of staff and economic development director Tim Russell embezzled more than $60,000 from a veterans charity.

To date, Walker has transferred $100,000 from campaign funds into legal defense funds. The ongoing nature of this investigation could continue to dog Walker and his allies even if he passes the recall text on Tuesday. Wisconsin Republican politics is a small world, and indictments could affect local figures well known to the Badger State crew running the RNC. This is the considerable downside that comes when local politics reaches the national level.

All the more reason to watch the results of Tuesday’s recall in Wisconsin closely.

While Wisconsin is regarded as a swing state that leans Democrat in presidential elections, progressive forces’ focus on pushing back against the Tea Party in this particular state could seem ill-timed and ill-advised in retrospect. The national party’s strong ties to Walker and knowledge of the state’s politics helps account for why Democratic efforts, first to stop Walker’s policies and then to push him from office, have been unsuccessful to date despite the governor’s extraordinarily polarizing presence. This RNC team knows Wisconsin cold and has helped direct national resources to what might have been otherwise a remote local fight in 2015.

The Republican Party’s history in Wisconsin, is deep and reflects the party’s competing conservative and progressive traditions. The GOP’s birthplace is regarded as Ripon, Wis., where it was formed in a small schoolhouse an antislavery alternative to the Whig Party in 1854. In the early decades of the 20th-century, “Fighting Bob” LaFollette and his sons were nationally known as Republican senators and leaders of the progressive movement. But a different, darker Republican tradition also emerged in Wisconsin by the mid-20th century, characterized by conservative Sen. Joe McCarthy and the establishment of the John Birch Society in Appleton, Wis. Rabidly anticommunist and reactionary in ways that helped give rise to both the book and term “The Paranoid Style in American Politics,” their influence on mainstream debates faded after McCarthy’s deserved disgrace. But in the 1990s, the Wisconsin Republican Party came back into national prominence with the pioneering welfare reform initiatives of Gov. Tommy Thompson, who won reelections by nearly 60 percent margins. And even before the elections of 2010, perhaps the brightest rising star and intellectual leader of the Republican Party was Wisconsin Rep. Paul Ryan.

But Scott Walker’s election in 2010 signified a decided shift to the right for statewide Republican candidates, and his collective bargaining reforms for public-sector unions—which he didn’t mention on the trail but introduced just after taking office—spurred weeks of protests at the state capital. The petition effort required to get a recall effort on the ballot returned more than a million signatures—twice the number needed. By early April, a stunning 46 percent of state residents strongly disapproved of his performance in office. The latest polls show Walker, despite marinating in sky-high disapproval numbers, with a slight edge over his challenger, Milwaukee Mayor Tom Barrett—but it’s all going to come down to the ground game on Election Day.

Buoyed by his national ties, and the national prominence of Tuesday’s recall contest—Walker has raised almost $15 million from out-of-state donors, as well as $10 million from those within Wisconsin. As of May 1, Walker had raised more from donors in Texas, Illinois, Florida, California, Missouri, and New York than Barrett had raised in total. Among the highest profile big-dollar Walker donors are Newt’s onetime super PAC sugar daddy Sheldon Adelson, who cut a $250,000 check, and Rick Santorum’s super PAC benefactor Foster Friess, who kicked in $100,000.

But while national prominence and connections have helped Walker’s bottom line, a series of local scandals threatens to add to the recall momentum. A “John Doe” investigation into improprieties when Walker was county executive is still being conducted, and six onetime Walker aides have been confronted with criminal charges and 13 individuals granted immunity. The public charges range from evidence that a separate wireless email router was installed in the county executive office to allow campaign-related business and fundraising to be conducted on government time to the far more serious and salacious charge that onetime Walker deputy chief of staff and economic development director Tim Russell embezzled more than $60,000 from a veterans charity.

To date, Walker has transferred $100,000 from campaign funds into legal defense funds. The ongoing nature of this investigation could continue to dog Walker and his allies even if he passes the recall text on Tuesday. Wisconsin Republican politics is a small world, and indictments could affect local figures well known to the Badger State crew running the RNC. This is the considerable downside that comes when local politics reaches the national level.

All the more reason to watch the results of Tuesday’s recall in Wisconsin closely.

June 4, 2012 Posted by | Wisconsin | , , , , , , , , | Leave a comment

“Conspiracy Addled Loons”: Birtherism Is Back Now In Full Force

 

Mitt Romney's Certificate of Live Birth

A very obvious fake. (Reuters)
 
 

It seems birtherism is now back in full force. This can only mean there is an election coming up, and that the Republicans really, really need to court their worst and foulest supporters. If they can’t impress them with the sack of nothingness that is Mitt Romney, then they’ll at least point out that that other guy is, you know, suspicious.

First we had Donald Trump and his newfound dedication to birtherism, apparently as a direct response to people paying attention to him again. Among the people paying most attention: Mitt Romney, who for some reason is embracing fellow crapsack Trump instead of, say, avoiding him like a communicable disease. There’s still no obvious explanation for this, but apparently Romney really needs Trump voters (gawd help us, I don’t even want to know who those might be. Probably people who watch Jersey Shore, but think it isn’t vapid enough).

This has led to an interesting dance in which Team Mitt simultaneously cuddles up to the now-notorious birther and angrily denounces anyone who points that rather goddamn obvious fact out. Surrogate John Sununu was very, very surly with CNN for having Donald Trump on the teevee the same day as Trump’s event with Romney:

“Why is CNN so fixated on this?” Sununu, the former New Hampshire Governor, asked CNN’s Soledad O’Brien. “It’s CNN that wants to bring this up. I don’t want to bring it up. Mitt Romney has made it clear that he believes President Obama was born in the U.S. You had Donald Trump on last night, and now you are asking the question this morning. It’s CNN’s fixation.”

Why is the media fixated on Trump being an embarrassing, conspiracy-addled loon who yells his conspiracy theories at any member of the media who will listen? Gosh, I don’t know, Mr. Sununu, but it seems a bit like Mitt Romney holding an event with the Florida face-eating cannibal, but then getting mad if anyone mentions the face-eating part.

Donald Trump’s sole contribution to the discourse of late is public birtherism. That’s it. That’s his schtick. A far betterquestion would be why CNN feels any need whatsoever to talk to John Sununu about it. Who the hell cares what John Sununu thinks?

But even as Trump’s newest push into birtherism gets rave reviews from other conservative crackpots, Trump’s far from the only one involved here. Birtherism is resurgent in the entire Republican Party now. While Mitt Romney plays the hug-the-birther game, now Michigan Senate candidate and former congressperson Pete Hoekstra thinks birtherism needs to be elevated to the level of government function:

Former Rep. Pete Hoekstra (R-MI), who is running for Senate to take on Democratic Sen. Debbie Stabenow, told a tea party town hall last month that the federal government should establish an official committee to review presidential candidates’ birth certificates. […]“Sure. I mean, I think — you know, I think, throw something at me if you want, I think with this president, the book is closed, all right?” Hoekstra tells the man. “It’s kind of like, I hate to say it, but I think the debate’s over — we lost that debate, and we lost that debate in 2008, when our presidential nominee said, ‘I ain’t talking about it.’ OK, I’m sorry.”

Note that Hoekstra doesn’t think the debate’s over because the evidence came in, thus rendering the entire debate pointless and stupid. He just thinks the debate’s over because John McCain didn’t talk about it enough. So now the small government (pfft) conservative wants a new government committee to review what already gets reviewed, just to make super-duper-extra-sure no secret Kenyan is trying to pull a fast one with the secret help of every damn functionary in the Hawaii state government. Goodie.

So is Mitt talking about this stuff? Of course he is. He’s talking about it in that lovely, not-really-talking-about-it way that has characterized his entire relationship with Donald Trump. Why, Mitt Romney just released his birth certificate, in an apparent attempt to prove absolutely nothing to absolutely nobody.

Yes, Republican Mitt Romney appears eligible to be president, according to a copy of Romney’s birth certificate released to Reuters by his campaign. Willard Mitt Romney, the certificate says, was born in Detroit on March 12, 1947.His mother, Lenore, was born in Utah and his father, former Michigan governor and one-time Republican presidential candidate George Romney, was born in Mexico.

Yes, Mitt Romney’s dad was born in Mexico. Want to see the birth certificate? That’s it up there at the top of the post.

Oh, Lord. Now I ask you, does that really prove anything? First off, using my special sleuthing powers I have discovered that it says “VOID” all down both sides of the page! And it was only printed in January of this year! And did they really have that typeface back in 1947? And look at the way the sheet is cut off, on the left, and how the whole page is slanted towards the left, as if it were trying to tell us something? It is obviously not a legitimate certificate that proves a darn thing, leading to the obvious question: Was Mitt Romney really born at all? Let’s ask Donald Trump’s rear end to weigh in on this.

That’s a trick question, of course. The answer is that Mitt Romney is really, really white (Pay no attention to the Mexican heritage, that was just something to do with Mitt’s ancestors fleeing the United States to practice—you know what? Never mind. Stuff happened, let’s just leave it at that.) and that people who look sufficiently white are automatically “true” Americans because conservatism really is just that dull and shallow.

 

By: Hunter, Daily Kos, May 30, 2012

May 31, 2012 Posted by | Election 2012 | , , , , , , , , | Leave a comment

“Failing The Test Of Courage, Integrity And Loyalty”: Romney Messes Up And Tells The Truth About Austerity

Romney has periodic breakdowns when asked questions about the economy because he sometimes forgets the need to lie. He forgets that he is supposed to treat austerity as the epitome of economic wisdom. When he responds quickly to questions about austerity he slips into default mode and speaks the truth – adopting austerity during the recovery from a Great Recession would (as in Europe) throw the nation back into recession or depression. The latest example is his May 23, 2012 interview with Mark Halperin in Time magazine.

Halperin: Why not in the first year, if you’re elected — why not in 2013, go all the way and propose the kind of budget with spending restraints, that you’d like to see after four years in office? Why not do it more quickly?

Romney: Well because, if you take a trillion dollars for instance, out of the first year of the federal budget, that would shrink GDP over 5%. That is by definition throwing us into recession or depression. So I’m not going to do that, of course.”

Romney explains that austerity, during the recovery from a Great Recession, would cause catastrophic damage to our nation. The problem, of course, is that the Republican congressional leadership is committed to imposing austerity on the nation and Speaker Boehner has just threatened that Republicans will block the renewal of the debt ceiling in order to extort Democrats to agree to austerity – severe cuts to social programs. Romney knows this could “throw us into recession or depression” and says he would never follow such a policy.

Romney, however, has not opposed Boehner’s threat to use extortion to force austerity on the nation. Romney has the nomination sown up, but I predict that he will stand by and let Boehner try to throw us into a Great Depression rather than upset the Tea Party-wing of the Republican Party. Indeed, Romney will attack Democrats who have the political courage to defend our nation against his Party’s demands for austerity that would throw the nation into recession or depression. What does one call a politician who, solely to advance his personal political ambition, supports his Party’s efforts to coerce austerity even though he knows that the austerity would cause a national economic catastrophe and states that he, “of course,” would never adopt such self-destructive austerity if he were president? Romney is failing the tests of courage, integrity, and loyalty to our nation and people.

Later in the interview, Romney claims that federal budgetary deficits are “immoral.” But he has just explained that using austerity for the purported purpose of ending a deficit would cause a recession or depression. A recession or depression would make the deficit far larger. That means that Romney should be denouncing austerity as “immoral” (as well as suicidal) because it will not simply increase the deficit (which he claims to find “immoral” because of its impact on children) but also dramatically increase unemployment, poverty, child poverty and hunger, and harm their education by causing more teachers to lose their jobs and more school programs to be cut. Fewer children will be able to get college degrees. Austerity is the great enemy of children – it is the epitome of a self-destructive, immoral economic policy.

Listen for the sounds of silence from Romney in coming months. I predict that he will not act to protect our children or our economy from the suicidal and “immoral” austerity his Republican allies are trying to coerce the Democrats to inflict on our economy and our children.

 

By: William K. Black, New Economic Perspectives, May 25, 2012

May 26, 2012 Posted by | Election 2012 | , , , , , , , , | Leave a comment