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2012 Decoded Blog

Economy

« delegates | 2012 Decoded Home | Archives | Edward Kennedy »
Jackie Koszczuk

What Hilary Rosen Wishes She Had Said

By Jackie Koszczuk
April 12, 2012 | 9:25 PM
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Step on board the 2012 time machine. First, we're debating whether women should have combat roles, next, whether they should have unfettered access to birth control and now, whether they really "work" if they shun the traditional workforce to stay at home to raise children. But, as I was reaching into the back of my closet to see if I could my locate my old white bell-bottoms and the jacket with the Indian fringe on the sleeves, it dawned that this newest political hot button - touched off by Democratic operative Hilary Rosen's comment that Ann Romney "hasn't worked a day in her life" - is not the 1970s throwback that it appears to be at first blush.

During the daylong fallout from Rosen's remark, Salon's Joan Walsh was among the commentators wondering aloud why we are once again this election season debating a question that has been asked and answered decisively since the feminist movement radically altered working lives for both sexes. But, on reflection, the quandary of work-versus-home touches a nerve for women that is still quite raw in some ways, despite three bygone decades of well-intentioned government actions intended to guarantee a level playing field of choice.

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Jill Lawrence

The Fairness Agenda Divides Democrats. Seriously.

By Jill Lawrence
April 9, 2012 | 11:00 PM
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For a brief moment it seemed that Democrats had become the organized party Will Rogers never knew, orchestrating a seamless campaign against the unfairness they see in the tax code and in support of tax reforms meant to ensure that billionaires like Warren Buffett don't pay a lower tax rate than their secretaries.

But as President Obama and other Democrats ramp up for a Senate vote next week on the so-called Buffett rule, the centrist Democratic think tank Third Way is rudely interrupting the unity-fest with a warning that this is the wrong way to lock down wavering independents in swing states. These crucial voters prefer hearing candidates talk about opportunity, the group said.

Just a tad off message, but perhaps an inconvenient truth.

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Tags: 

Presidential race
Reid Wilson

Starbucks CEO Howard Schultz Says No To Politics

By Reid Wilson
February 18, 2012 | 6:56 PM
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Starbucks CEO Howard Schultz has taken a more public role in politics by encouraging a campaign donation boycott. But in an interview with CNN set to air tomorrow, Schultz says his role won't extend beyond that activism.

Schultz is sometimes named as a potential third-party candidate through the group Americans Elect, an outside organization that has spent millions to get ballot access. But he told CNN's Candy Crowley on Friday he won't run.

"I have no interest in public office," Schultz said in an interview set to air on Sunday's edition of State of the Union. "I have only one interest, and that is I want the country to be on the right track."

"I just feel that for some reason, over the last few years, there's been a fracturing of understanding and sensibility about the responsibility that the leadership in Washington must have to the people who are being left behind," Schultz went on. "And I'm significantly disappointed about the ideology, the partisanshipness, and, obviously, the way in which everyone in Washington is focused on one thing right now, which is reelection."

A Starbucks spokesman didn't immediately respond to an email late Saturday asking more specifically about Americans Elect. If and when the company responds, we'll update.

Reid Wilson

There's A Reason Obama Went To Boeing

By Reid Wilson
February 17, 2012 | 1:53 PM
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With apologies to my colleagues from Detroit, Mr. Fournier and Mr. Alberta, President Obama's trip to Washington State on Friday underscores one of the biggest overlooked success stories in American manufacturing: On the shoulders of new products and new airline strategies, Boeing has grown American jobs and its sales figures to record heights -- and this year it's likely to once again become the largest aerospace manufacturer in the world.

Obama visited Paine Field, a plant just outside Everett, Washington, where workers are assembling the new 787 Dreamliner commercial airplanes (Paine Field is also the plant where Obama's own airplane, a 747, was constructed). While there, he was announcing new loan programs aimed at spurring export businesses; Boeing itself is providing more than $700 million in credits toward some of its parts suppliers.

While the automotive sector has gotten all the attention of late, the fierce rivalry between Boeing and Airbus has been similarly good for the American manufacturing sector. Boeing itself added a net 10,000 jobs last year, mostly in the Puget Sound region, as it amps up production of its 737, 777 and 787 lines, according to a Boeing spokesman. Airbus is based in Europe, but it has engineering facilities in Kansas and Alabama, and the company claims credit for supporting 180,000 manufacturing positions at suppliers in 40 states.

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Economy
Ronald Brownstein

Romney's Safety Net Shift

By Ronald Brownstein
February 3, 2012 | 5:58 AM
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Among the many strange aspects of Mitt Romney's comments about the poor on CNN's Starting Point this week was his insistence that he intends to "fix" and "repair" the social safety net for low-income families. "If there are people that are falling through the cracks," Romney told reporters a few hours after his initial comments on CNN Wednesday morning, "I want to fix that."

In fact, at the heart of Romney's message throughout the primary has been his determination to retrench the safety net. His core argument against President Obama is that he is stifling the economy, and leading America dangerously away from its historic traditions by attempting to create what Romney calls "an entitlement society" modeled on Europe. "It is clear that he'll like to make us more like Europe, more like a European social welfare state," Romney insisted Monday while campaigning before an elderly audience at The Villages in Florida. Romney delivers some variation on that charge in almost all of his stump speeches and major addresses.

Romney has fleshed out that sentiment with proposals that envision significant reductions in the projected spending trajectory for federal safety net programs. He has been most specific about Medicaid, the joint federal-state program that guarantees health care for the poor (including poor seniors in long-term care.) Romney, reflecting a long-time conservative goal, has said he would end the entitlement to Medicaid and convert it into a block grant program. 

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Ron Fournier

Obama: I Am Not a Class Warrior

By Ron Fournier
January 24, 2012 | 9:20 PM
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In a veiled plea for reelection, President Obama presented his formal response to Republicans accusing him dividing the nation by economic class. His answer, delivered in a politically charged State of the Union address on Tuesday night, amounted to this:

Hell yes, we're divided. Now what are you going to do about it?

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Tags: 

class warfare, income inequality, Obama, State of Union
Jackie Koszczuk

Taking the Fizz Out of Obama's Bubbly

By Jackie Koszczuk
January 21, 2012 | 9:33 PM
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No doubt there were champagne corks popping at the White House when Newt Gingrich was declared the winner of the South Carolina primary on Saturday night. But the state's Republicans also have a sobering message for President Obama: It's not just the economy, stupid. By November, it might be only the economy.

In spite of more personal baggage than a jumbo jet, Gingrich beat endangered front-runner Mitt Romney because most Republicans in South Carolina think he can beat Obama and because the economy outweighed, by far, any other issue on the table, according to exit polls.

Six in 10 primary voters identified the economy as the most important issue to them, and of those, 40 percent voted for Gingrich, more than any other candidate in the four-man contest. Romney got 32 percent of the votes from Republicans who think the economy is the No. 1 issue. Nearly a third of South Carolina's GOP voters said someone in their household has been laid off in the last three years.

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George E. Condon Jr.

Washington's a Mess -- But Not Our Mess, Say Dems

By George E. Condon Jr.
January 13, 2012 | 4:06 PM
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Four years after it was trendy in Democratic circles to liken Barack Obama to Franklin D. Roosevelt, it is safe to conclude that no one in the Obama re-election campaign will be borrowing FDR's "Happy Days are Here Again" as the theme song for 2012. Judging by recent speeches by the president and the first lady, a much likelier choice is the 2009 tune by He is We, "A Mess it Grows." Or maybe Avril Lavigne's "I'm With You," with its line, "'Cause nothing's going right. And everything's a mess."

Both Obamas left little doubt this week that things are still a mess even after three years of Obama rule. In a speech in Richmond, the first lady talked about "this mess." But she struck the right campaign theme, adding ,"Fortunately, over the past three years, we've worked very hard to dig ourselves out of this mess. Your president has worked very hard. And there's been a lot of wonderful progress made."

Then on Friday, the president pitched his government reorganization plan, even making rare use of a colorful chart. "I don't usually use props in my speeches," he acknowledged to laughter. But he wanted to show how complicated the current government makes things. "This is the system that small business owners face.  This is what they have to deal with if they want even the most basic answers to the most basic questions like how to export to a new country or whether they qualify for a loan."  Reflecting on the way, government treats businesses, he concluded, "It's a mess."

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Tags: 

Michelle Obama, Obama, Reagan, Romney
Jackie Koszczuk

King of Bain: Over the Top But Possibly Lethal

By Jackie Koszczuk
January 12, 2012 | 7:55 PM
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Somewhere, Lee Atwater is looking down on his home state in disbelief. This can't be what the father of the modern political attack had in mind: a Republican using the modern version of his diabolical invention against another Republican in South Carolina.

King of Bain: When Mitt Romney Came to Town, the newly-released destroy-the-front-runner vehicle from the super PAC run by rival Newt Gingrich's political operatives, blames Mitt Romney for everything from endlessly high unemployment, to the demise of American manufacturing to the destruction of the modern marriage. Visually, it's a montage of smoke-filled rooms, suitcases filled with cash and glinting corporate headquarters juxtaposed with images of cracked sidewalks in broken small towns and the haggard faces of former factory workers.

Over the top? Sure. A gross violation of Ronald Reagan's 11th commandment to Republicans to speak no ill of fellow Republicans? Hands down it is. Romney spokeswoman Andrea Saul condemned the film as full of "blatant falsehoods and fabrications."

But the most important point about Gingrich's movie is that it works. And if it is unleashed full force on South Carolina voters as promised, it has the potential to do serious damage to Romney's lead in the state's Jan. 21 primary. That's how powerful it is.


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Tags: 

Bain Capital, negative advertising
Ron Fournier

Nobody Stands Between Romney and Nomination

By Ron Fournier
January 7, 2012 | 10:50 PM
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MANCHESTER, N.H. -- The only five men standing between Mitt Romney and the Republican presidential nomination took a walk Saturday night -- attacking each other and the media as the former Massachusetts governor coasted toward the brass ring.

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Tags: 

Debates, New Hampshire, Romney
Ron Fournier

Romney's Alliterative Attack on Obama: 'Crony Capitalist'

By Ron Fournier
January 5, 2012 | 9:35 AM
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SALEM, N.H.--Ignoring attacks from his GOP rivals, Republican presidential candidate Mitt Romney on Thursday launched an alliterative attack on President Obama's economic philosophy. He called him "a crony capitalist."

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Tags: 

NLRB, Obama, Romney, Solyndra
Ronald Brownstein

The Optimism Gap

By Ronald Brownstein
December 20, 2011 | 3:48 PM
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The bump recorded for President Obama's approval rating in two national surveys released Tuesday captures his success in framing the debate against congressional Republicans on extending the payroll tax cut. But over the long term, Obama's ability to sustain those gains (which pushed his approval rating to 49 percent in both the ABC/Washington Post and the CNN/ORC survey) will probably turn on the trajectory of Americans' attitudes about the economy.

The latest Allstate/National Journal Heartland Monitor survey, released last week, captures a paradox: groups that supported Obama in the 2008 election are generally more negative in describing their current economic situation than groups that resisted him. But the supportive groups are much more optimistic than the critical groups about where the economy is headed - and generally, though not uniformly, more positive on the impact of Obama's agenda on their economic prospects.

The table below looks at economic attitudes among nine groups that Obama carried in 2008, and nine that preferred Republican nominee John McCain, according to the 2008 exit polls. The results are taken from the most recent Heartland Monitor, conducted by FTI Strategic Communications, a communications-strategy consulting firm; the poll surveyed 1,200 adults by landline telephone and cell phone from November 30 to December 4 and has a margin of error of plus or minus 2.8 percentage points

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Tags: 

ABC poll, blue-collar, CNN poll, college-educated voters, white-collar
Jill Lawrence

Obama Rebounds in New Poll, Possibly Thanks to Congress

By Jill Lawrence
December 19, 2011 | 5:35 PM
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Mitt Romney isn't the only politician making a comeback these days.

A new ABC News-Washington Post poll shows rising numbers for President Obama. The man presiding over a nearly imperceptible recovery from the Great Recession is now at 49 percent job approval.

That's substantially higher than Obama's career low of 42 percent in the same poll in October, and better than George W. Bush's 47 percent three months before he defeated John Kerry in 2004. It's also more than twice as high as the 20 percent approval rating the poll found for Republicans in Congress.

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Tags: 

2012 campaign, Congress, President Obama, Republican nomination race
Matthew Cooper

Barack Obama as Incredible Hulk

By Matthew Cooper
December 8, 2011 | 3:46 PM
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When Barack Obama went to the briefing room today he had to remind you a bit of mild-mannered Dr. Bruce Banner who you do not want to get angry. Asked a question about whether he was being soft on Iran, he snarked back "ask Osama Bin Laden." At first he hid behind Kathleen Sebelius's skirt on her decision to overrule the FDA on a key contraceptive ruling yesterday. He said that as the father of two daughters he didn't want the morning after pill sitting there at the drugstore next to the "bubble gum and batteries." (The witty alliteration has the marks of something discussed at a meeting.) 

Most of all he was pissy about Republicans--their using the filibuster to block his pick at the Consumer Finance Protection Agency and their trying to add riders to extending the payroll tax. He was all threats and the scariest words Washington could hear--that we'd be enjoying a "white Christmas" in the Capitol if the GOP didn't get its act together. (The Beltway hates nothing more than a delayed holiday, rewritten airline tickets, canceled plans. Bah. Humbug.)

So are we seeing a madder, edgier Obama? Maybe so. He shed the Shepard Fairey kumbaya stuff along time ago but now he seems genuinely roiled. This raises the obvious question of whether being edgier will help politically. It also begs the question of how comfortable he is in this role. He's charmed his whole life from Punahou to Columbia to Harvard to Chicago to Washington. Is he ready to go from One America to OBAMA MAD. OBAMA HATE FILIBUSTER? We've seen his Dr. Banner. Seeing his Hulk is going to be interesting. 

Please follow me on Twitter @Mattizcoop

Tags: 

incredible hulk, kathleen sebelius, osama bin laden
Ron Fournier

No TR: The Limits of Obama's Bully Pulpit

By Ron Fournier
December 6, 2011 | 5:17 PM
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President Obama's "fair shot" address Tuesday may be remembered as one of his best, a searing and historically poignant account of the greatest challenge of the American experiment: How do we give every citizen, rich or poor, a path to the good life?

But his speech in Osawatomie, Kan., with its echoes of Theodore Roosevelt's appearance in the same city a century ago, also exposed the limits of Obama's presidency and personality. Obama is a man of his times, and this is a lousy time to command what TR called the "bully pulpit."

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Tags: 

Obama, Osawatomie, Roosevelt
Ronald Brownstein

Distant Thunder from TR

By Ronald Brownstein
December 6, 2011 | 8:37 AM
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The great Theodore Roosevelt speech in Osawatomie, Kan. that President Obama will celebrate today is remembered mostly for TR's embrace of the phrase "The New Nationalism" and his full-throated insistence that the federal government needed to assume a larger role in offsetting the power of concentrated wealth.

It's easy to see why Obama wants to identify with those sentiments. But it may be another aspect of Roosevelt's message that day that is most relevant to America's challenges today.

Roosevelt's August 31, 1910 speech in Osawatomie (at a ceremony dedicating a monument to John Brown, the anti-slavery firebrand) was part of a series of speeches he delivered during that campaign year for "insurgent" or reform Republican candidates. It marked a decisive landmark in his break from his hand-picked successor in the White House, William Howard Taft, and arguably the first irrevocable step toward Roosevelt's independent "bull moose" presidential candidacy two years later in 1912.

Roosevelt's Kansas speech (and those around it on the tour) was infused with his fear of a society defined by widening class divisions - and a political system that did more to reinforce than to bridge them. Roosevelt believed that dynamic could ultimately combust into revolution - and he believed vigorous, systematic and national reform was the best way to defuse that threat.

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Tags: 

Barack Obama, bipartisanship, class divide, Theodore Roosevelt
Ron Fournier

Obama Reboots as "TR 2.0"

By Ron Fournier
December 5, 2011 | 7:48 AM
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OYSTER BAY, N.Y. -- In a display case at Sagamore Hill, the historic estate of President Theodore Roosevelt, a polished blue tablet reads, "By the turn of the century, business trusts controlled 65 percent of American wealth and Wall Street dictated the course of the American economy." A century-old editorial cartoon depicts the president firing a gun at a portly man with "The Trusts" scrawled upon the man's ample belly.

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Tags: 

Franklin, Sagamore, Teddy, Theodore Roosevelt
Ron Fournier

Obama Tries to Reboot as TR 2.0

By Ron Fournier
December 5, 2011 | 5:03 AM
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In a display case at Sagamore Hill, the historic estate of President Theodore Roosevelt, a polished blue tablet reads, "By the turn of the century, business trusts controlled 65 percent of American wealth and Wall Street dictated the course of the American economy." A century-old editorial cartoon depicts the president firing a gun at a portly man with "The Trusts" scrawled upon the man's ample belly.

My 14-year-old son soaked this in with a laugh during a Thanksgiving weekend visit to the national park. "TR rocked," Tyler said. "Can Obama be the next TR?"

That is a question I've been asking myself since 2008 when I did a series of stories with a colleague of mine at The Associated Press about the presidency and the role of that office in these times of immense change. One of the series' shorter pieces, written in March 2008, suggested that Obama and GOP candidate John McCain had the potential to be "TR 2.0."

"We're living in an era of brutal transition not unlike the turn of the last century, when Teddy Roosevelt and fellow Progressive reformers helped lead an anxious nation from the agriculture era to the industrial age," I wrote at the time.

The transition from an industrial economy to the information age and a global economy is creating problems that TR would recognize: A widening gap between the rich and poor, decreased social mobility and a loss of faith in social institutions, particularly politics. Into that breach stepped Obama, a transitional figure who promised a new breed of  leadership that was bigger than partisanship.

He helped lead the country out of a financial crisis, ordered the assassination of Osama bin Laden and pushed through landmark health care reforms (with echoes of TR's agenda), but Obama's presidency is not nearly as transformational as Roosevelt's. At least not yet.

With voters as anxious and angry as they were at the dawn of the 20th century, it makes sense that Obama would travel to Osawatomie, Kansas, this week to draw a line from TR's presidency to his. On Aug. 31, 1910, Roosevelt delivered his New Nationalism address in Osawatomie, where he argued on behalf of a government powerful enough to regulate the economy and guarantee social justice.

"I stand for the square deal," Roosevelt said. "But when I say that I am for the square deal, I mean not merely that I stand for fair play under the present rules of the game, but that I stand for having those rules changed so as to work for a more substantial equality of opportunity and of reward for equally good service."

Roosevelt called for a broad range of social and political reforms including a national health service, social insurance for the elderly, a minimum wage, an eight-hour workday, workers' compensation for work-related injuries, a federal income tax and the right for women to vote.

He railed against the influence of special interests on politics, calling for strict limits and disclosure of campaign donations and the registration of lobbyists.

Roosevelt lost the 1912 election after he bolted the GOP and created the so-called Bull Moose Party, running second to Democrat Woodrow Wilson. But many of the reforms he laid out in Kansas were adopted by Wilson and Roosevelt's cousin, Franklin Roosevelt.

TR thought and acted boldly. He was bigger than any party, a sturdy bridge to the new century. His policies were right for his troubled times.

The question today is whether Obama and his policies are right for these.

Tags: 

Franklin, Obama, Sagamore Hill, Teddy Roosevelt, Wooodrow Wilson
Ronald Brownstein

More on the GOP Wedge

By Ronald Brownstein
December 2, 2011 | 10:55 AM
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In my column this week, I analyze how the upscale and downscale wings of the evolving Republican coalition could divide over retrenching Medicare and Social Security if the GOP wins unified power in 2012.

The same polling I used to highlight that fissure also points to other potentially significant areas of convergence and divergence between the traditional college-educated core of the GOP base, and the growing non-college, working-class component of the party's coalition. These contrasts could presage other strains that Republicans might face implementing an agenda if they sweep control of the White House, House and Senate next year.

Another big potential divide in the party centers on trade. Almost all national GOP leaders support expanding free trade agreements. But an October National Journal/United Technologies Congressional Connection Poll found much more ambivalence in the GOP base when it asked Americans whether they supported or opposed the free trade agreements Congress recently approve with South Korea, Panama and Colombia.

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Tags: 

blue-collar, Free trade, Republican Party, white-collar
Alex Roarty

Former Pa. Congressman with Dire Warning for Obama

By Alex Roarty
November 30, 2011 | 8:58 PM
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What are President Obama's chances in the must-win state of Pennsylvania next year? Not good, according to one longtime Keystone State Democrat.

"If the election were held today, I don't have any doubt he'd lose this district," former Rep. Paul Kanjorski told CBS News, speaking about the Scranton-centric 11th Congressional District in northeast Pennsylvania.

"And the state?" asked a reporter.

"And the state," Kanjorski said.

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Tags: 

Pennsylvania, President Obama
Ron Fournier

The False Debate Over False Equivalencies

By Ron Fournier
November 23, 2011 | 11:00 AM
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My post yesterday on the so-called super committee's so-real failure ("Shame On Us, Washington") drew criticism from the White House, its Democratic allies and some journalists.

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Tags: 

Bowles, debt, Obama, Republicans, Simpson, super committee
Ron Fournier

Shame On Us, Washington

By Ron Fournier
November 22, 2011 | 8:42 AM
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Shame.

Shame on Republicans for a stubborn unwillingness to seriously consider tax increases.

Shame on Democrats for keeping a closed mind to significant benefit cuts.

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Tags: 

Bloomberg, Democrats, Obama, Republicans, super committee
Ronald Brownstein

A Roadmap to 2012

By Ronald Brownstein
November 21, 2011 | 10:06 AM
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Electoral analysts Ruy Teixeira and John Halpin of the liberal Center for American Progress will publish tomorrow a comprehensive demographic and geographic roadmap to the 2012 presidential campaign that political junkies of all ideological stripes will want to keep close at hand.

In their new paper, The Path to 270, the two correctly lay out, I believe, the critical dynamics that will likely tip the balance in both the Electoral College and popular vote next year. President Obama's biggest headwind, they argue, will be disappointment in his handling of the economy; his biggest tailwind will be ongoing demographic change that continues to bend the electorate in his direction.

After Obama's victory in 2008, I argued that he had assembled a "coalition of the ascendant": that is, he ran best among groups that were themselves growing in society, like minorities, the Millennial generation and college-educated whites, especially women.

Teixeira and Halpin draw on that concept to argue that the unbroken wave of demographic change makes it likely that these groups, which remain the most favorable to Obama, will constitute an even larger share of the vote in 2012 than they did last time. They project that the minority share of the vote will rise from 26 percent in 2008 to 28 percent in 2012, an increase commensurate with the average election to election rise since 1992 (National Journal reached a similar conclusion in its analysis, The Next America). And they project that college-educated whites will increase their share of the vote from 35 percent in 2008 to 36 percent in 2012. (Overlapping with both those trends, they calculate that 16 million more Millennials will be eligible to vote in 2012 than in 2008.) Whites without a college degree, the most solidly Republican component of the electorate, they expect to continue their generation-long decline, from 39 percent of the vote last time to 36 percent in 2012. (In 1992, when Bill Clinton was first elected, those non-college whites alone constituted an absolute majority of the electorate, 53 percent.)

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Tags: 

college-educated voters, Electoral College, President Obama, projections, Swing states
Ronald Brownstein

Romney's Suburban Opportunity

By Ronald Brownstein
November 14, 2011 | 1:58 PM
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New polls released late last week in three behemoth swing states underscore a central opportunity Mitt Romney could provide Republicans in the general election-and the threat he could pose to President Obama.

In the Quinnipiac University surveys in Florida, Ohio and Pennsylvania released on November 10, Romney ran more strongly against President Obama than Rick Perry, Herman Cain or Newt Gingrich. One key reason: Romney performed much better than his rivals among college-educated white voters.

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Tags: 

college-educated voters, economy, Florida, Ohio, Pennsylvania, swing states
Ron Fournier

The Flip-flopper, the Flop and the Fiasco

By Ron Fournier
November 9, 2011 | 10:57 PM
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The flip-flopper. The flop. And the fiasco. That about sums up the GOP presidential lineup Wednesday night as a debate outside Detroit underlined the flaws of the party's headliners: Mitt Romney, Rick Perry and Herman Cain.

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Tags: 

Cain, debate, Detroit, Perry, Romey, sexual harrassment
Ronald Brownstein

A Model for Obama?

By Ronald Brownstein
November 9, 2011 | 5:19 PM
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It's always hazardous to analogize too aggressively from one election to another. But the scale of the union-led victory Tuesday in the drive to repeal Republican Gov. John Kasich's anti-collective bargaining legislation in Ohio is bound to encourage Democrats who want President Obama to pursue a class-conscious populist appeal in 2012.

The referendum repealed legislation that the Republican State House and Senate approved without a single Democratic vote and that Kasich signed last March; the bill sharply curtailed the collective bargaining rights of public employees (including police officers and fire fighters, who are often exempted from similar Republican bills), and imposed cutbacks on pay and benefits. Overall, just over three-fifths of voters on Tuesday backed the repeal, in a prototypical swing state where Republicans swept in 2010.

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Tags: 

blue-collar, collective bargaining, Ohio, populism
Ron Fournier

GOP Debate Field: Meet Dave Miller

By Ron Fournier
November 9, 2011 | 10:08 AM
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Dave Miller is somebody the GOP presidential field needs to get to know.

And understand.

He is a 41-year-old Detroit firefighter who is raising a family in the Macomb County suburb of St. Clair Shores -- not too far from the site of tonight's GOP debate. We featured him in a National Journal magazine story about the fragile state of the American dream. Co-written by Jim Tankersley and Nancy Cook, the story attempted to put human faces on a phenomena that our colleague Ron Brownstein found in polling: middle-class black and Hispanic Americans are much more likely to be optimistic about their children's future than whites of the same economic status.

Miller tends to vote Republican. His wife, Christine, Democratic. The Millers are a swing-voting family in a county made famous by pollster Stan Greenberg's study of the so-called Reagan Democrats.

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Tags: 

Dave, Detroit, Economy, GOP, Middle Class, Miller, Obama
Matthew Cooper

Crushing Greek Democracy, Crushing Ours

By Matthew Cooper
November 4, 2011 | 12:45 PM
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Ode on a Grecian Yearn.

The world's democracies gathered to stop the citizens of world's oldest democracy from voting.

After lots of pressure, Greece has canceled its referendum on bail-out-austerity measures because the leaders in Paris, Berlin, Washington and everywhere else in the less-indebted world thought the Greeks might actually vote down slashing their own budgets to pay off bond holders.

Leaving aside the merits of the vote or the bailout plan or whether we'd all be better off if Greece left the Eurozone and went back to the Drachma, this is the most vivid example we've seen of how debt can erode sovereignty. A nation that in debt surrenders its own powers to the whims of its bankers.

Pace Krugman. That's not to say the U.S. is better off slashing budgets now when Keynesian demand is much in need. And our borrowing costs are insanely low. Greek 10-year bonds have 24 percent interest rate. Ours is 2 percent. The markets understand who's on the edge of the cliff and who isn't.

Still...no one wants the day when the rest of the world's powers are gathering to tell us what to do. If it can happen to the heirs to Athenian democracy who's to say it could never happen to the children of Lexington & Concord.

Tags: 

bonds, debt, economy, greece
Ronald Brownstein

A Taxing Choice

By Ronald Brownstein
November 4, 2011 | 7:00 AM
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In my National Journal column this week, I touch on the debate among Democrats about whether President Obama's increasingly populist message - particularly his emphasis on asking wealthy Americans to pay more in taxes, both to reduce the deficit and to fund his jobs program - risks the party's support with white-collar white voters who have become increasingly critical to its electoral coalition.

In the column, Mark Penn, the initial chief strategist for Hillary Clinton's 2008 primary campaign and pollster for Bill Clinton's 1996 reelection, expressed the fears of those who worry that Obama will drive away upper white-collar whites who have moved toward the Democrats over the past two decades. By making higher taxes on the wealthy "such a big part of his solution, [Obama] is in fact just splitting his coalition," Penn insisted.

At a National Journal conference this week previewing the 2012 election, Geoff Garin, who succeeded Penn atop Hillary Clinton's campaign in 2008, expressed the opposite view during a panel I moderated. "This label of populism ignores the reality of the conversation that's going on and the positions that President Obama represents in the debate," Garin said. "You know, it's only about 75 percent of the public that supports a millionaire's tax. The Republicans can have the other 25 percent. We'll take the 75."

This dispute marks one of the critical strategic decisions Obama faces. It revolves around a straightforward question: will upper middle-class voters believe that Obama is targeting them when he talks about asking more from the rich, or will they share the sense that people on the very top rungs of the economic ladder have gotten off too easy and need to contribute more? Recent volumes of the United Technologies/National Journal Congressional Connection poll published in National Journal Daily offer some insight on the dispute-and some support for each side's argument.

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Barack Obama, blue-collar, millionaire's tax, populism, white-collar
Major Garrett

Meanwhile, Back at Policy Code 9-9-9

By Major Garrett
October 31, 2011 | 2:29 PM
  • Leave a Comment
While Herman Cain dealt with sexual harassment charges, a sober and wonky discussion -- the first of its kind -- took place today on his 9-9-9 tax plan. 

The American Enterprise Institute welcomed Cain, who discussed the broad outlines, and then followed with a panel discussion featuring Cain's chief economic adviser, Rich Lowrie.  

The lengthiest defense against criticism of 9-9-9 can be found in Lowrie's opening statement. That begins at 1:25:40 and ends at 1:40:35. 

Lowrie's said 9-9-9 is a simpler, more transparent tax system that seeks to boost production incentives and eliminate barriers between capital and entrepreneurs. Lowrie also said 9-9-9 is revenue neutral ("period") and isn't an add-on tax, but a substitute tax. 

"We're pulling out 40 percentage points of taxation and putting in 27 percentage points," Lowrie said, adding the plan has made it "safe for politicians to follow" the former Godfather's Pizza CEO into the tax reform debate. 

If you're looking for a substantive analysis of 9-9-9, its economic goals, conservative and liberal criticism, and the relationship between tax policy and U.S. economic growth, this is the best you will find.

Tags: 

9-9-9, American Enterprise Institute, Cain, CEO, economic growth, Godfather's Pizza, Lowrie, sexual harassment, tax reform
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