“Ornery People R Us”: Anxiety Is Pervasive On Both Sides Of Political Spectrum
In achieving their improbable surges in presidential polling, Bernie Sanders and Donald Trump have profited from the same wellspring of anxiety, a deep-seated fear about the future that is rising across the land. Their answers to that anxiety are very different — as their followers are very different — but they have both tapped into an undercurrent of unease that affects a broad swath of American voters.
And that unease is well-founded. In mid-September, the U.S. Census Bureau issued its annual report on wages, poverty, and health insurance. Its findings come as no surprise: Though the official unemployment rate is down to its lowest level in seven years, the percentage of people living in poverty — around 14 percent — hasn’t budged in four years.
Equally worrisome is the stagnation in wages, which haven’t risen significantly for more than a decade. “Anyone wondering why people in this country are feeling so ornery need look no further than this report. Wages have been broadly stagnant for a dozen years, and median household income peaked in 1999,” Lawrence Mishel, president of the Economic Policy Institute, a research group, told The Associated Press.
And ornery people are. That’s the only thing that explains Trump, who for weeks has enjoyed the top spot in GOP presidential primary polls. Full of bombast, narcissism, and blame, the real estate titan has pinned Mexican immigrants as the purveyors of all that is destructive to the American way of life. It’s astonishing how much support he’s received for his proposal to deport the estimated 11 million who are here illegally.
There’s no doubt a good portion of racism and xenophobia among the Trump crowd; they are largely voters uncomfortable with the country’s increasing diversity. But they are also anxious about a future in which the American dream is out of reach for their children and grandchildren.
On the other side of the political spectrum, Sanders, Vermont’s self-described socialist in the U.S. Senate, is giving Hillary Clinton a run for her money, attracting large crowds, and leading in New Hampshire, which holds the first presidential primary vote. His answers, at least, are not xenophobic: Among other things, he would increase taxes on the wealthy and end some longstanding trade agreements.
Sanders has long warned about income inequality, which has been growing for decades but was exacerbated by the Great Recession. Suddenly, ordinary workers saw their jobs disappear, their savings evaporate, their homes taken by the bank. Many of them have not recovered the ground they lost, and their traumas have invited fear bordering on panic.
Meanwhile, the rich have only gotten richer. The top 1 percent own 40 percent of the nation’s wealth, and they hold a larger share of income than at any time since the 1920s and the Great Depression.
These trends are evident throughout the industrialized world; they’re not the fault of any single politician or ideological philosophy. According to economists, they’ve grown from a convergence of factors, including the technological revolution and the globalization of labor.
Still, the wealth gap is quite worrisome. It’s a recipe for revolution, the sort of gulf between the haves and have-nots that is characteristic of developing countries, where the ties of the civic and social fabric do not bind. It’s hard to overstate the potential for upheaval in a country such as this, where a diverse population is not held together by a single language or race or religion, but rather by the belief that opportunity is available to all. What happens when a majority of the people no longer believes that?
You’d think, then, that income inequality would dominate the campaign trail. But the subject was hardly mentioned during Wednesday’s marathon GOP presidential primary debate, where such pressing priorities as possible Secret Service code names were discussed.
That’s not good. While it’s hard to see either Trump (his bubble may already be bursting) or Sanders as a presidential nominee, the voters they represent aren’t going away. Neither is their anxiety, which could prove a disruptive force in American political and civic life.
By: Cynthia Tucker Haynes, Pulitzer Prize for Commentary in 2007; The National Memo, September 19, 2015
“Obama Has Plenty Of Reasons To Smile”: A Useful Reminder That There Is No Such Thing As The “Twilight” Of A Presidency
Attention has been focused on who becomes our next president, but meanwhile the incumbent is on quite a roll.
Throughout his tour of Alaska, President Obama looked full of his old swagger. He took a photo of Denali — the former Mount McKinley — through a window of Air Force One and shared it via Instagram. He used melting glaciers as a backdrop to talk about climate change, posed with small children and large fish, and became the first sitting president to venture north of the Arctic Circle.
He seemed to smile throughout the trip, and why not? The nuclear agreement that Secretary of State John F. Kerry negotiated with Iran is now safe from congressional meddling. U.S. economic growth for the second quarter was a healthy 3.7 percent. Unemployment has fallen to 5.1 percent, according to figures released Friday. Saudi King Salman — portrayed by Obama’s critics as peeved with the president — dropped by the White House on Friday for a chat, reportedly renting an entire luxury hotel for his entourage. And this month, Chinese President Xi Jinping is scheduled to arrive for what promises to be the most important state visit of the year.
Obama gives the impression of having rediscovered the joy of being president. Maybe he really needed that Martha’s Vineyard vacation. Or maybe he is beginning to see some of his long-term policies finally bearing fruit — and his legacy being cemented.
Watching him now is a useful reminder that there is no such thing as the “twilight” of a presidency. Until the day his successor takes office, Obama will be the leading actor on the biggest and most important stage in the world.
It is useful to recall that George W. Bush practically had one foot out the door when the financial system threatened to collapse in 2008. It was Bush and his advisers who put together a massive $700 billion bank bailout and managed to sell it to Congress. Bush signed the rescue bill into law on Oct. 3 — barely a month before his successor would be chosen.
The banks were saved, but nothing could stop the economy from falling into its worst slump since the Great Depression. I believe historians will conclude that one of Obama’s greatest accomplishments was bringing the economy back to real growth and something close to full employment — more slowly than Americans may have wished, perhaps, but steadily.
The Iran deal, in my view, is another remarkable achievement. Beyond the fact that it definitively keeps Tehran from building a nuclear weapon for at least 15 years, the agreement offers Iran’s leaders a path toward renewed membership in the community of nations. The mullahs may decide to remain defiant and isolated, but at least they now have a choice.
Obama’s White House has often been clumsy at inside-the-Beltway politics, but the handling of the Iran deal has been adroit. The drip-drip-drip of announcements from Democratic senators who favor the agreement has created a sense of momentum and inevitability. Now Obama knows that if Congress passes a measure rejecting the deal, he can veto it without fear of being overridden. The question, in fact, is whether a resolution of disapproval can even make it through the Senate. If Obama convinces 41 senators to filibuster the measure, it dies.
All is not sweetness and light, of course. The Syrian civil war is a humanitarian disaster of enormous and tragic proportions, as evidenced by the heartbreaking refugee crisis in Europe. I don’t believe there is anything the United States could have done to prevent the war, but all nations bear a responsibility to help ease the suffering. The fact that some nations refuse to do their share does not absolve us from doing ours.
Domestically, the good economic numbers ignore the fact that middle-class incomes remain stagnant. Even without healthy wage growth, an economic recovery feels better than a slump — but only in relative terms. One doesn’t hear people breaking into “Happy Days Are Here Again.”
All in all, though, it looks like a good time to be President Obama. The Affordable Care Act, as he had hoped, is by now so well-established that no Republican successor could easily eliminate it. Industries are already making plans to accommodate new restrictions on carbon emissions. Oh, and despite what you hear from all the Republican candidates, the border with Mexico is more secure than ever before.
Obama’s legacy will have a few blemishes. But he has good reason to smile.
By: Eugene Robinson, Opinion Writer, The Washington Post, September 7, 2015
“G.O.P. Candidates And Obama’s Failure To Fail”: Republicans Had Nothing To Say About Any Of The Supposed Obama Disaster Areas
What did the men who would be president talk about during last week’s prime-time Republican debate? Well, there were 19 references to God, while the economy rated only 10 mentions. Republicans in Congress have voted dozens of times to repeal all or part of Obamacare, but the candidates only named President Obama’s signature policy nine times over the course of two hours. And energy, another erstwhile G.O.P. favorite, came up only four times.
Strange, isn’t it? The shared premise of everyone on the Republican side is that the Obama years have been a time of policy disaster on every front. Yet the candidates on that stage had almost nothing to say about any of the supposed disaster areas.
And there was a good reason they seemed so tongue-tied: Out there in the real world, none of the disasters their party predicted have actually come to pass. President Obama just keeps failing to fail. And that’s a big problem for the G.O.P. — even bigger than Donald Trump.
Start with health reform. Talk to right-wingers, and they will inevitably assert that it has been a disaster. But ask exactly what form this disaster has taken, and at best you get unverified anecdotes about rate hikes and declining quality.
Meanwhile, actual numbers show that the Affordable Care Act has sharply reduced the number of uninsured Americans — especially in blue states that have been willing to expand Medicaid — while costing substantially less than expected. The newly insured are, by and large, pleased with their coverage, and the law has clearly improved access to care.
Needless to say, right-wing think tanks are still cranking out “studies” purporting to show that health reform is a failure. But it’s a losing game, and judging from last week’s debate Republican politicians know it.
But what about side effects? Obamacare was supposed to be a job-killer — in fact, when Marco Rubio was asked how he would boost the economy, pretty much all he had to suggest was repealing health and financial reforms. But in the year and a half since Obamacare went fully into effect, the U.S. economy has added an average of 237,000 private-sector jobs per month. That’s pretty good. In fact, it’s better than anything we’ve seen since the 1990s.
Which brings us to the economy.
There was remarkably little economic discussion at the debate, although Jeb Bush is still boasting about his record in Florida — that is, his experience in presiding over a gigantic housing bubble, and providentially leaving office before the bubble burst. Why didn’t the other candidates say more? Probably because at this point the Obama economy doesn’t look too bad. Put it this way: if you compare unemployment rates over the course of the Obama administration with unemployment rates under Reagan, Mr. Obama ends up looking better – unemployment was higher when he took office, and it’s now lower than it was at this point under Reagan.
O.K., there are many reasons to qualify that assessment, notably the fact that measured unemployment is low in part because of a decline in the percentage of Americans in the labor force. Still, the Obama economy has utterly failed to deliver the disasters — hyperinflation! a plunging dollar! fiscal crisis! — that just about everyone on the right predicted. And this has evidently left the Republican presidential field with nothing much to say.
One last point: traditionally, Republicans love to talk about how liberals with their environmentalism and war on coal are standing in the way of America’s energy future. But there was only a bit of that last week — perhaps because domestic oil production has soared and oil imports have plunged since Mr. Obama took office.
What’s the common theme linking all the disasters that Republicans predicted, but which failed to materialize? If I had to summarize the G.O.P.’s attitude on domestic policy, it would be that no good deed goes unpunished. Try to help the unfortunate, support the economy in hard times, or limit pollution, and you will face the wrath of the invisible hand. The only way to thrive, the right insists, is to be nice to the rich and cruel to the poor, while letting corporations do as they please.
According to this worldview, a leader like President Obama who raises taxes on the 1 percent while subsidizing health care for lower-income families, who provides stimulus in a recession, who regulates banks and expands environmental protection, will surely preside over disaster in every direction.
But he hasn’t. I’m not saying that America is in great shape, because it isn’t. Economic recovery has come too slowly, and is still incomplete; Obamacare isn’t the system anyone would have designed from scratch; and we’re nowhere close to doing enough on climate change. But we’re doing far better than any of those guys in Cleveland will ever admit.
By: Paul Krugman, Op-Ed Columnist, The Washington Post, August 10, 2015
“A Win For Workers”: Perfect Timing For The New Overtime Rule
The June jobs report (223,000 jobs added and unemployment rate down to 5.3%) extends the longest period of private sector job growth in our country’s history.
But there are two things that are causing concern. First of all, the labor force participation rate (LFPR) dropped 0.3 percentage points to 62.6%. As I’ve written before, it is important to keep in mind that there are several factors that affect this number:
1. The increasing number of baby boomers who are retiring
2. The increasing number of high school graduates who are going directly to college
3. The number of people who find it difficult to get a job because of a criminal record
I haven’t seen anyone attempt to quantify this, but it would also be interesting to find out the number of people who are voluntarily leaving the job market for early retirement (or other reasons) because Obamacare has made that a viable alternative. That might also be a factor.
Finally Betsey Stevenson, a member of the Council of Economic Advisors, points out that the change in LFPR might be credited to something as simple as the fact that the survey tracking it was distributed earlier than normal last month.
Taking all that into consideration, the big focus on the LFPR drop is probably over-heated. Of all the potential explanations, the one that should spur us to action is the need for passage of something like the REDEEM Act, which would allow non-violent offenders to have their criminal records expunged.
The other cause for concern in the jobs report is much more significant – little to no increase in wages. That’s why this is the perfect time for President Obama’s new overtime rule. In the best case scenario, people who are working overtime but not getting paid for it would get a big pay increase.
Republicans who are criticizing the new rule suggest that it will mean fewer jobs. That is completely counter-intuitive. What many employers are likely to do is hire more employees in order to avoid paying overtime. That means more jobs, not fewer.
But here’s where the timing is important. We are now at or near what economists consider “full employment.” If the new overtime rule had been implemented during a time of high unemployment, businesses would have likely hired those new employees at lower wages – thereby actually depressing wage growth. That is highly unlikely now.
Due to federal regulations regarding the need for public comment on these kinds of changes, the new overtime rule won’t go into affect until next year. When it does, employers will have two choices, (1) give existing employees a raise via overtime pay, or (2) hire more employees. Either way it’s a win for workers.
By: Nancy LeTourneau, Political Animal Blog, The Washington Monthly, July 4, 2015