I’ve talked to enough members over the last 24 hours who believe that, ‘Hey, we don’t like this two month extension [but] if you can get this fixed, why not do the right thing for the American people, even though it’s not exactly what we want.
Month: December 2011

A Sacrifice! A Sacrifice!
Dean Baker:
In total, the economy has lost close to $1.3tn in annual demand as a result of the collapse of the housing bubble. This explains the economy’s weak growth and high unemployment. There is no simple way to replace this demand.
We can gather together a coven of market-worshipping Republicans and sacrifice all the workers and retirees we want, it still will not replace the demand gap. We can love the private sector as much as we want and it still will not make firms go out and invest and hire when they don’t see demand for their products.
All of a Piece
I’m not sure how many times the Republicans have to say the same stuff, plainly and in modern English, before it begins to sink in to the minds of those in the media that they, the Republicans in Congress, want Obama to fail in his bid for reelection and to achieve that goal, they need the American economy to fail.
You, as a GOP House mover-and-shaker (aka Tea Klan fanatic), are faced with the newly rising popularity of Obama (e.g. he’s in the 50s for the first time in a while), the first positive news on housing starts in a long, long time (driven more or less entirely by huge demand for apartments, since vanishingly few folks can qualify to buy houses anymore, at least not considered relative to the bubble excess and the fact that home foreclosures are still relatively high), a suddenly more optimistic public attitude re: the economy, and none of your own GOP candidates for the nomination are exactly setting the woods on fire, and may well be instead burning down the house relative to your broader chances both up- and down-ticket come 2012.
All that considered, do you, the rank and file Tea Klan fanatic, feel comfortable handing that same Obama you want to fail a sure-fired way to boost the economy even more as 2012 rolls along? Or do you want to apply the emergency brakes? With this most recent nonsense, I think no sensate being could still deny that we have our answer.
Now, of course, there is some subtlety to their position. They don’t want the extension of this particular tax break because it a) doesn’t help their prime audience in any way (aka the 1%), because those folks either don’t draw traditional paychecks and/or said pay is a relatively tiny fraction of their entire portfolio, so they could care less and won’t notice either way b) it legitimately does help the broader economy and quickly since we’re in an aggregate demand slump and this is cash in the pockets of the 99% who actually create that aggregate demand in, uh, aggregate, and c) is a quick and relatively easy way to sand the gears of the economy, and they think they can sell it to their crazed idiocratic supporters through ever-willing conduits like FOXnews and the Wall Street Journal (The latter of which is already overboard) using such time-honored tools as goalpost moving and poison-pill additions. No one will ever know, and if they do, we can convince them to blame “Democrat leaders in the Senate.” Who, for once, have grown a pair and are doing their part to (rightly) hang this on the GOP. They even have a “Tea Klan tax hike” style meme going. It’s like they’ve finally gotten hip to the way the other side messaged in, oh, 1992.
But frankly this is a pretty simple calculation for the GOP. Braveheart and all the rest are just window dressing that, as usual, the MSM is lapping up. The real story, the one far too shrill to actually report: Anyone or anything getting in the way slowing the economy can kindly go die in the streets. Tax proposals benefiting the 1%: always welcome. Wedge issues that reliably bring this or that fractional percent of old white voters to the polls in November: always welcome. Anything that might actually help the economy and, by extension, Obama: forget about it. And they have.
I actually had [the number 33 jersey in my hands] for about 10 seconds and then I was thinking, ‘Nah, I’m an old-school football fan and I loved Tony Dorsett.’ I’ve met him a couple of times and his son. I just feel like that’s hallowed ground, so I just got right back in 23.
Both Sides Not Equally at Fault
TNR’s Timothy Noah has a nice piece up detailing polls that show the general public largely gets that it’s the GOP being more obstructive, more extreme, and (even among Republicans) ultimately less popular and more deserving of being shown the door. But then Noah writes the funniest thing I’ve read in a while:
I hope the “objective” press reports these findings accurately, and doesn’t bend itself into a pretzel trying to portray this poll as mere generalized disgust with partisan bickering in Washington.
What color is the sky in your world, Tim?
On top of the terrible politics, they even admit that [Ryan/Wyden] dismantles Medicare but achieves no budgetary savings while doing so – the worst of all worlds. Thanks for nothing.
So get ready. They’re coming for this. This is who they are. All the deficit whinging is merely prologue for a pitched fight to end every part of the already dwindling social safety net.
I’d also advise anyone who thinks voting doesn’t matter to go ahead and take the long position on stock in whatever company is going to clear the dead from the streets. Halliburton, presumably. Once your vote didn’t really matter because there’s no difference anyway, there’s going to be a lot of business in that particular sector.
Rotten Discourse the Third
“I am convinced that if we do not decisively win the struggle over the nature of America, by the time [my grandchildren are] my age they will be in a secular, atheist country, potentially one dominated by radical Islamists and with no understanding of what it once meant to be an American.”
— Newt Gingrich. Because if anything says secular atheism, it’s radical Islam.
h/t: Cheatsheet
Goes without saying: Gingrich did not scream this from atop a milk crate on some anonymous corner. He said it to someone. Many someones, many of whom control some portion of a major media outlet. None of them said a thing. Or wrote a thing. Or noted this brazenly obvious non-sequitur in any way whatsoever through thought, word, act, or deed. Nor will they ever. That would be “taking sides.” And but also they manage to note, uncritically that he claimed to be there (at the Cornerstone megachurch) as a historian. Wonder if that church paid historians as well as Fannie and Freddie? Probably not. Even the Lord has His Limits.
And so the Republic crumbles.
Should the Republic Survive…
Newt Gingrich, GOP debate 12/10/11: If we do survive, it will be in part because of people like Rick [Santorum] who’ve had the courage to tell the truth about the Iranians for a long time.
Dan Drezner, Foreign Policy: Even a nuclear-armed Iran led by the current regime of nutball theocrats cannot threaten America’s survival. I get why the United States is concerned about Iran going nuclear, and I get why Israel is really concerned about Iran going nuclear. The only way that developments in Iran could threaten America’s survival, however, would be if the US policy response was so hyperbolic that it ignited a general Middle East war that dragged in Russia and China. Which… come to think of it, wouldn’t be entirely out of the question under a President Gingrich.
Lemkin: Yep. In line with suddenly making this “rotten discourse day” around here, this is just one more symptom, to be filed under “imaginary foreign policy | Serious Person edition.” Yes, existential threats to the United States and to “civilized” life on Earth as we know it are real and do exist. Climate change is very, very high on that list and may, in fact, far outweigh any other risk currently facing either the United States or, more generally, humanity itself in a truly existential fashion. That one party is allowed to categorically deny its very existence in defiance of the preponderance of evidence and inevitably in the name of journalistic integrity or “not taking sides” will be, perhaps, marveled at by whatever future race digs through the ashes of our long forgotten society. But there is simply no way a nuclear Iran poses an existential threat to these United States at any time in the near- to mid-term future. It is the height of folly to think otherwise and utterly laughable to suggest it on the national stage in the hopes of being taken seriously. And yet one party is allowed to do so frequently and in direct contradiction to any reasonable estimation of the empirical reality of the Iranian situation specifically or Middle Eastern policy in general. And, what do you know, here we are, back at our rotten discourse again. Funny that.
A Vision of America
Loser liberalism, by implying that all fortunes are created equal, alternately goes too easy on scoundrels and comes down too hard on people who are merely prosperous. [Even “low” paid] folks working on Wall Street are making a living in an industry that’s systematically dependent on implicit and explicit government guarantees. Making a living as a patent troll is totally different from making a living as a genuine innovator. Dentists enriching themselves by blocking competition from independent dental hygenists and tooth whiteners aren’t the richest people around, but their income represents a healthy share of ill-gotten gains. A viable egalitarian politics needs to find a way to distinguish between “malefactors of great wealth” whose revenue streams need to be systematically reappropriated, and people who are just paying higher tax rates because of the declining marginal utility of income.
Reasonable people are going to disagree, of course, as to who exactly the malefactors are and what policy levers can and should be used against them. […] But there’s something deeply unimaginative, cramped, narrow, and – I think – fundamentally incorrect about this vision of America where everything is on the level, but people need to pay a top marginal income tax rate of 39.5% rather than 35%.
I’d say Yglesias has provided us with a rather trenchant distillation of just how warped our national political discourse has become.
Extending his example, the Republicans more or less universally call this potential 4.5% rise in top marginal rates on the richest of the rich “pure socialism,” or, at best, anti-American, anti-jobs, anti-whomever they’re talking to at that moment. That approach tends to be a conversation ender and the point at which the MSM says something along the lines of “we’ll leave it there.” And but also it’s unclear to me how you even address the broader issues in the economy that Yglesias rightly lays out without at least being able to have a semi-sane discussion about tax rates and revenues. If that 4.5% rise can be effectively dismissed using “socialism!” just how is a national candidate supposed to make the more nuanced and complex point?
I’d say it can’t be done in the current media environment. It is not possible. The slow motion implosion that is the GOP’s series of primary debates is a symptom, not a cause. The underlying rot is fundamental to the discourse itself; the growing and brazen willingness to use that rot for personal gain (e.g. by lying your ass off to score temporary political points even within your own party) is simply the work of our old friend the invisible hand. Fix the discourse and you’ll functionally eliminate the lying and its various outgrowths, such as but not limited to uniform one party partisan intransigence that the predominant national discourse inevitably blames on both political houses in Congress. A truly honest assessment could never reach such a illogical conclusion as that. Obviously one party is more to blame in any gridlock situation. Say so. You’ll put the Daily Show right out of business.
Considered relative to our long-term national health, the truly successful national candidate needs to disrupt the discourse itself. On the surface, this would seem a relatively straightforward thing for a President to do (despite the ineffective nature of Presidential speeches)…Obama did make some early feints in the direction of cutting off their air supply but ultimately (and predictably) chickened out. And, frankly, a frontal attack that simply refuses to speak to FOXnews (or similar organizations) will never work; journalists love nothing better than circling the wagons over perceived slights. You’ve got to destroy their memes by making them functionally irrelevant and you cannot do that by simply not talking to anyone but your chosen scribes.
If Obama really wants to be the modern TR, I’d say that’s where to start: with the discourse. Be smart. Explain, but not in novel form. Short, declarative sentences and concise paragraphs. Pick one thing; this cycle it’s going to be an outgrowth of what Yglesias is distilling above. Explain that. Repeatedly and in simple language. People already understand it in a deep sense, but they need you to give those feelings voice (Elizabeth Warren is proving the true power of such an approach; the application of the traditional GOP meme(s) actually increased her popularity). Explain. Say nothing else. If they want to show the President, some of this stuff will have to be included. Never leave that message behind, even for a second. Also provide it to your Congressional allies. Anyone who goes off script loses financial support, chairmanships, or whatever idiotic perks matters most to them. It’s our rotted discourse or the country. Choose one.