Posts Tagged ‘President Obama’

A Lost Generation?

Thursday, November 4th, 2010

Tony Judis is pessimistic:

What this election suggests to me is that the United States may have finally lost its ability to adapt politically to the systemic crises that it has periodically faced. America emerged from the Civil War, the depression of the 1890s, World War I, and the Great Depression and World War II stronger than ever—with a more buoyant economy and greater international standing. A large part of the reason was the political system’s ability to provide the leadership the country needed. But what this election suggests to me is that this may no longer be the case.

[…] The Republicans may not have a mandate to repeal health care, but they do have one to cut spending. Many voters have concluded that Obama’s stimulus program actually contributed to the rise in unemployment and that cutting public spending will speed a recovery. It’s complete nonsense, as the experience of the United States in 1937 or of Japan in the 1990s demonstrated, but it will guide Republican thinking in Congress, and prevent Obama and the Democrats from passing a new stimulus program. Republicans will accede to tax cuts, especially if they are skewed toward the wealthy, but tax cuts can be saved rather than spent. They won’t halt the slowdown. Which leads me to expect that the slowdown will continue—with disastrous results for the country.

And that is not the whole of it. As Judis points out, new industries, the only exit strategy from economic stagnation, will require government seed money  that the Republicans will block. Legislation to mitigate global warming will not pass. Budget deficits will skyrocket because tax cuts will be the only legislation that will get through Congress.

The most telling story was the contrast between Obama’s speech yesterday and the remarks of Senate minority leader Mitch McConnell today.

While a contrite Obama extended a cooperative hand to the GOP, and suggested a willingness to compromise on everything from tax cuts to energy policy to health care, McConnell simply asserted that the aim of the GOP over the next two years is to make Obama a one-term President. From Steve Benen:

At President Obama’s press conference yesterday, he used the word “compromise” three times. The phrase “common ground” came up an additional three times. The president referenced working “together” 11 times. When ABC’s Jake Tapper, in the context of the debate over tax policy, asked, “So you’re willing to negotiate?” the president replied, “Absolutely.”

All of this sounded quite reasonable. But what I can only hope is that Obama and his team realize that Republican leaders have plans for the next Congress, and “reasonable” isn’t on the menu.

There’s been some talk lately about Senate Minority Leader Mitch McConnell (R-Ky.) conceding that the “single most important thing we want to achieve is for President Obama to be a one-term president.” Let’s not forget, though, he keeps saying it.

The only objective the GOP has is political, to regain the White House in 2012. They have no plans to help anyone but their financial supporters.

The U.S. is a very large and dynamic country with tremendous wealth and human resources. But no amount of wealth or resources will be sufficient if we ignore reality. Politics in a democracy is not a game of winners and losers but a mechanism for developing strategies to confront problems. A country that ignores facts, ignores history, and fails to grasp the scope and nature of its challenges will never meet them; decline is inevitable.

So What Happened On Tuesday?

Wednesday, November 3rd, 2010

The short answer is that lots of people lost their homes, their jobs, and their security for the future. The Democrats promised to give them some relief and they didn’t deliver—the public resents that. Since there is only one other party on offer, they chose Republicans.

People who feel resentful are not inclined to coolly assimilate the fact that Democrats made things less worse or that Republican free market radicalism cost them their well-being in the first place. The attention span of American voters can be measured in minutes. If nothing else, the GOP has proven that if you are going to fail, fail so spectacularly that the other team can’t fix it in the short run.

Here are a few facts that the majority of the voting public apparently don’t know:

We now have a health care system that insures thirty million more Americans than were insured before Obama took office, substantial tax cuts for middle-class Americans, a bailout of Wall St. from which the public will make a profit, a massive economic stimulus that saved millions of jobs, and an economy that has grown for the past four quarters. The calamitous job losses that characterized the end of the Bush Administration have ended and corporate profits are again on the rise.

But a recent poll shows that by a margin of two-to-one, those most likely to vote believe taxes have increased, the economy has shrunk, and the billions of dollars of bailout money will never be recovered.

As usual, Democrats made the mistake of thinking that if they play fair and do a competent job of managing the bureaucracy and the policy apparatus of government, the public will reward them with approval. But the voting public looks at politics as a morality play, not a policy seminar. The optics of bailing out Wall St. and Detroit while ignoring homeowners, small business owners, and construction workers cannot be changed by earnest management. Especially when Democrats themselves have a reputation for being handmaidens of casino capitalism and corporate welfare. Passing much needed health care reform is laudable but its benefits are too long term to affect this burgeoning resentment in the short term.

The GOP are masters at manipulating resentful, myopic, low-information voters; the Democrats wouldn’t know resentment if it bit them in the ass. (Oh. It did. We will see what they have learned)

At the close of the Bush Administration I published a book, Reviving the Left, in which I argued four claims: (1) Voters respond to underlying value systems, not policy proposals; (2) conservatism despite its superficial moral appeal is a form of nihilism, (3) managerial, interest group liberalism, because it refuses to articulate a competing value system, is ineffective as a political ideology; and (4) liberalism can be revived only by adopting a grassroots-fueled ethic of care that emphasizes our moral obligations to each other.

This election season tends to confirm all four propositions. Obama had to bail out the banks to maintain some semblance of a financial system. Had he shown the same care for homeowners and workers I wouldn’t be writing this today.

Although his campaign was vague enough to raise doubts, I had some hope that Obama understood (1), would fight to make (2) clear to the public, recognized the limits of managerial liberalism, and would begin the process of transforming liberalism into a viable political force with a powerful moral appeal. None of this has come to pass. My biggest disappointment is the utter collapse of the grassroots, youth-fueled organization that played such a role in his election. Democratic indifference toward that movement was obvious this election season. According to Ed Kilgore, “As Voters under 30 dropped from 18% of the electorate to 11%; African-Americans from 13% to 10%, and Hispanics from 9% to 8%. Meanwhile, voters over 65, the one age category carried by John McCain, increased from 16% of the electorate to 23%.”

Can we turn this around? I suppose hope springs eternal. Hope is by nature resistant to evidence but susceptible to vanity.

But without hope one has nothing.

The Enthusiasm Gap

Thursday, September 23rd, 2010

Much has been made in the political press about the enthusiasm gap that separates Republicans and Democrats. Registered Democrats outnumber registered Republicans but Republicans are much more enthusiastic about voting this November than Democrats are, so Republicans are likely to pick up seats in the House and Senate.

There are lots of reasons for this enthusiasm gap. The party in power seldom does well in off-year elections in part because it is much easier to get enthusiastic about being an angry critic than it is to defend the hard slog of actually governing. But I think there is something to the view that part of the enthusiasm gap is explained by Obama’s failure to articulate progressive values.

Robert Reich provides a precise example of this failure:

Why is there an enthusiasm gap? Let me illustrate.

Today (Monday) at a “town hall” sponsored by CNBC in Washington, the President took questions about the economy. When a hedge-fund manager complained that Wall Street executives “feel like we’ve been whacked with a stick” by the administration, Obama said most of his critics think he’s been too soft on the Street.

He noted he still hasn’t been able to end the practice of taxing some hedge fund and private-equity earnings at the capital-gains rates rather than the higher income-tax rates. “The notion that somehow me saying maybe you should be taxed more like your secretary when you’re pulling home a billion dollars…a year I don’t think is me being extremist or anti-business.”

Good as far as he went. But that’s as far as he was willing to go. It was a golden opportunity for Obama to connect the dots — to make the case that

(1) super-rich financiers on Wall Street and top corporate executives have grown even richer than they were before the Great Recession, even though most Americans are getting poorer or losing their jobs and homes and savings, and more Americans are in poverty.

(2) Yet the lobbyists for the financiers and top corporate executives, and their Republican allies have blocked or tried to block every effort of the Administration to widen the circle of prosperity, including enacting a major jobs program, providing major relief for mortgage holders who are under water, helping working families afford college for their kids, making sure states and cities have enough money to pay our classroom teachers, and cutting taxes on average working people.

(3) They almost scuttled the effort to make sure health care would be affordable to average Americans.

(4) The super-rich say the nation can’t afford any of this because of budget deficits. Yet at the same time their platoons of lobbyists are fighting off efforts to treat their income as taxable earnings rather than capital gains. So last year the 400 richest families in America, with an average income of $300 million each, were taxed at an average rate of only 17 percent. That’s the same tax rate paid by a family earning $30,000.

(5) And they’re fighting off efforts to end the temporary Bush tax cuts. If they’re successful, the richest 1 percent of Americans will get a windfall of $36 billion next year. Millionaire families will avoid paying $31 billion in taxes. Over ten years, they’d avoid paying $700 billion.

(6) And they’re fighting off efforts to restore the estate tax, which only applies to the top 2 percent of Americans, and which has been in effect since Abraham Lincoln introduced it to help finance the Civil War. How do we afford national defense if the richest and most privileged Americans won’t pay their fair share?

(7) Wealth and power in this country are so distorted that the top 25 hedge-fund managers each earned an average of $1 billion last year. $1 billion would support 20,000 classroom teachers. Yet who contributes more to this country — a hedge-fund manager or a teacher?

But he didn’t.

Instead, he challenged tea-party activists to come up with specific spending cuts. “It’s not enough just to say, ‘Get control of spending.’ I think it’s important for you to say, you know, I’m willing to cut veterans’ benefits, or I’m willing to cut Medicare or Social Security benefits, or I’m willing to see taxes go up.”

Obama has done a fine job of getting progressive legislation enacted. But he has not played the role of educator-in-chief. The country has become more conservative on his watch and he bears some of the responsibility for that. But that is not a reason to refuse to vote in the November elections.

Democratic politicians need to acquire a spine, but so do some of their supporters.