Rick Perry’s an idiot, and I don’t think anyone would disagree with that

Bruce Bartlett, former H.W. Bush Treasury official and Reagan adviser, minces words when asked his thoughts on Rick Perry. More evidence of Turd Blossom’s tentacles? Or just the party apparatus trying to help Perry out by appearing to denigrate his intellect while hedging bets against his inevitable defeat in a national election?
I’d say: A little from column A, a little from column B.

What Perlstein Said

So good:

There are few or no historical instances in which saying clearly what you are for and what you are against makes Americans less divided. But there is plenty of evidence that attacking the wealthy has not made them more divided. After all, the man who said of his own day’s plutocrats, “I welcome their hatred,” also assembled the most enduring political coalition in U.S. history.

The Republicans will call it class warfare. Let them. Done right, economic populism cools the political climate. Just knowing that the people in power are willing to lie down on the tracks for them can make the middle much less frantic. Which makes America a better place. And which, incidentally, makes Democrats win.

What Perlstein Said

Pity the Poor Corporations

jeffmiller:

“Romney is absolutely right. And this means that taxes on corporations are taxes on people. I’m not getting at the subtle point—and I don’t think Romney was either—that if capital is highly mobile internationally, a national government can’t make capital bear much of the burden of taxes and so the incidence is on laborers and consumers. No, I’m making the simple point that a tax on corporations is a tax on people. I remember that in addressing the issue in the 1980s, the late Herb Stein said that it’s as if people think that if the government imposed a tax on cows, the tax would be paid by the cows. Romney’s passion and clarity on this are admirable. And until now, I’ve found little to admire in Romney. Now, the next step for him—which a patient in a wheel chair tried to help him see but he couldn’t see—is to see that just as taxes on corporations are taxes on people, the war on drugs is not really a war on drugs: it’s a war on people.”

— Are Taxes on Corporations Taxes on People?, David Henderson | EconLog | Library of Economics and Liberty

Wonderful and so very thoughtful. But, by all means, let’s make corporations full citizens. It’s high time they were subject to the full tax burden of an individual; they should therefore be subject and required to pay an individual’s tax rates, which, let’s face it, will almost always be the top marginal rates: 35%. Good news there! They should have no problem with this change, as they are now American citizens and because it’s just exactly what they claim they are paying right now. Win/win for Our New Corporate Citizens.

Likewise, any time a person dies or is injured at the hands of a corporation, it can be tried for murder or assault and, if found guilty, this personification of the corporation can be executed or incarcerated (barred from doing business in these United States) for a period of years. Or, if they prefer, the corporate board can stand for the sentence. It all makes perfect sense. After all, corporations are people too! I’m sure they’ll welcome these changes.

File Under: Cogent

Hendrik Hertzberg deftly summarizes why Obama is systematically losing the left (the only folks who supported his Presidency to begin with):

Obama’s seeming refusal to hold [invoking the 14th Amendment to the Constitution] in reserve (“like the fire axe on the wall,” in Garrett Epps’s words) is emblematic of his all too civilized, all too accommodating negotiating strategy—indeed, of his whole approach to the nation’s larger economic dilemma, the most disappointing aspect of his Presidency. His stimulus package asked for too little and got less. He has allowed deficits and debt to supersede mass unemployment as the emergency of the moment. He has too readily accepted Republican terms of debate, such as likening the country to a household that must “live within its means.” (For even the most prudent householders, living within one’s means can include going into debt, as in taking out a car loan so that one can get to one’s job.) He has done too little to educate the public to the wisdom of post-Herbert Hoover economics: fiscal balance is achieved over time, not in a single year; in flush times a government should run a surplus, but when the economy falters deficits are part of the remedy; when the immediate problem is what it is now—a lack of demand, not a shortage of capital—higher spending is generally more efficacious than lower taxes, especially lower taxes on the rich.

The whole piece is fantastic, but this paragraph could easily form the basis of a savage, intellectually driven attack on Obama from the right. Well, it could if such a concept as “appealing to the intellect” or “thoughtful” even existed over there anymore. They’re too busy arguing over who loves the country the very most or who would starve the most children to death in their first 100 days to worry one little bit about convincing even a single Democrat or independent to join their particular crusade. For once: this is why the GOP will fail.

File Under: Cogent

The Republicans are serious budget reformers; the lady from Washington, doesn’t do budgets.

Grover Norquist, primary driver of conservative economic policy in the form of his idiotic anti-tax pledge. In every way that matters, this is who they are.
He’s referring to the second highest-ranking member, male or female, of the Senate Budget Committee, Senator Patty Murray. You stay classy, Grover.
Source: The New York Times

You don’t want these candidates moving so right in the Republican primary that it becomes impossible for them to win the general election, because it will become a self-defeating message in the primary.

People want to win. They don’t want somebody who goes so far to the extremes of either party that they lack a chance to carry a victory off in November.

Karl Rove, old turd blossom hisself, opining on the GOP Presidential primary field.
Sorry to be the one to tell you this, Karl, but the “sensibility” ship has sailed, been round Good Hope, and round the Horn, and round the Norway Maelstrom, and round perdition’s flames, and subsequently was no-bid auctioned into a second career as a part-time riverboat gambling operation for KBR executives.
John Huntsman even put his hand up on the “10:1 cuts/revenue is a non-starter deal” question and he’s only running for 2016 positioning. There is no one in the field even trying to be the slightly more sensible, slightly more center-far-right candidate of today’s GOP. Mittmentum, the man made to take up that role abandoned it in 2008. His strong showing then has sensibly pushed him even further to the right now. That ought to fix his issues. If the GOP can’t win the general election from a far right stance, they almost can’t win in 2012. And if the economic headwinds were a bit more predictable, we could drop the “almost” qualifier right now.
But the last thing The Democrat would want to do is start making the GOP take stands against job creation. People just don’t want to hear about that stuff right now. Shrill. Better take a “non-confrontational approach,” get into the defensive crouch, and hope for the best. And this is why they fail.

If this guy prints more money between now and the election, I don’t know what y’all would do to him in Iowa, but we would treat him pretty ugly down in Texas. Printing more money to play politics at this particular time in American history is almost treacherous, or treasonous, in my opinion.

Rick Perry, governor or Texas and candidate for the GOP nomination for President, apparently accusing Federal Reserve chairman Ben Bernanke of treason.
He really is going to invigorate the GOP primary. What a strong field they have.
Source: Washington Post

Read Up

Yglesias details the 10 “Weirdest Ideas” in Rick Perry’s Fed Up. It’s a must-read post that I’ll tease with this single, highly representative sentence:

The propriety of a federal role in regulating the banking industry has been the subject of bipartisan agreement since the Madison administration.

Says it all.

Read Up

Robert Reich: Why the New Healthcare Law Should Have Been Based on Medicare (And What Democrats Should Have Learned By Now)

robertreich:

So what do Obama and the Democrats do if the individual mandate in the new health care law gets struck down by the Supreme Court?

Immediately propose what they should have proposed right from the start — universal health care based on Medicare for all, financed by payroll taxes. The public will be behind them, as will the courts.

This is utterly wrong on all counts. It utterly and willfully ignores the year of political sausage making that only managed to barely result in a marginally workable plan that squeaked by under reconciliation rules. The law enacting Reich’s paragraph couldn’t have passed a majority of Democrats at the time, and you’ll recall there were commanding majorities in both houses of Congress then. Aren’t now. And this wouldn’t even see the floor, no matter how passionately Obama or Bernie Sanders or Nancy Pelosi or Jesus Christ Himself argued for it.

What, then, needs to happen if the mandate section of the ACA is struck down? The death spiral needs to happen is what. The ACA without a mandate will destroy the private insurance companies within a decade. But,long before that happens, when the moment arrives that the mega-rich can no longer afford premiums, the party in power on that day, whichever that may be, will be forced to enact Medicare for all. Immediately. Not because they want to, but because it will be the only way forward. And that is the one and only way it ever gets passed. Not through rousing speeches or acting tough or with anything less than a 70-80 seat majority in the Senate and a few hundred in the House coupled to a far more progressive Democratic President than is currently serving.

And until the moment that we as citizens, they the politicians, they the DCCC (and like groups that run the party, its messaging, goals, and determine its candidates), and especially they in the form of the broader media internalize this and begin to act on it accordingly, we and they will fail. Period.

Robert Reich: Why the New Healthcare Law Should Have Been Based on Medicare (And What Democrats Should Have Learned By Now)