President Obama delegated his weekly address to Vice President Biden this week while he attended the G20 Summit in Cannes, France. Might the President consider other such substitutions from time to time? This was the first time since the 2008 campaign that I've heard Vice President Biden say so many words. I had forgotten what his voice sounds like!
In their weekly response, the Republican party features a different legislator each week. It keeps things fresh. Why not shift the spotlight around the President's cabinet? We could hear from Treasury Secretary Timothy Geithner about his take on the recession, or maybe Labor Secretary Hilda Solis would care to explain the American Jobs Act. No need to keep such smart and influential people under wraps.
President Obama is a fine orator, but does anyone get the sense that he is a bit weary of repeating himself?
Tuesday, November 8, 2011
2011.11.05 Weekly Address: We Have to Increase the Pace
As President Obama took a week off from his weekly address, so too will I from this fair blog. Here is the link to Vice President Biden's address, in which he bemoans the mulish ways of Congress.
[Vice President Biden's Weekly Address]
[Vice President Biden's Weekly Address]
Sunday, October 30, 2011
2011.10.29 Weekly Address: We Can't Wait to Create Jobs
Occupy the Government
By Leo Brown
[President Obama's Weekly Address]
It might seem that President Obama is pandering to the Occupy Wall Street movement with his recent rhetoric. He wants to tax the rich to finance our nation's future. He wants to live in a country where everyone, not only those who have already made a fortune, has an opportunity to prosper.
Of course, the President has been saying these things since before he took office, and especially in the last year during the debt fight. He repeats his conviction in this week's address.
Not long ago, I suggested that the President's agenda didn't entirely align with OWS. He has since issued an executive order to ease the burden of student debt, finally enacting legislation that Congress passed in 2010.
We are right to push the man, to ask more of him, and to be angry when he fails to deliver. But anyone who thinks that President Obama is an enemy of the cause has their head in the sand.
In this widely circulated column, Thomas Friedman describes the revolting relationship between banks and government as "a forum for legalized bribery." Even the shortest fry can see that our society is guided by perverse incentive and controlled by the corrupt and ignorant.
So the anarchist contingent of OWS would nail me to the wall for suggesting this, but I'll say it anyway. In the 2010 Congressional elections, the Tea Party won a great many seats in the House. What if OWS tries to do the same in 2012? We don't have much to lose, and now would seem to be the moment to seize. Tea Party representatives are politically weak and verifiably silly. A majority of Americans sympathize with OWS. Occupations are shooting up like dandelions. Instead of Tea Party obstruction, an OWS caucus could empower President Obama to be the progressive hero that we want and need.
Or, OWS could rally behind Jill Stein for President. Ms. Stein, a serious and immensely likable Green Party stalwart, could very well scoop up OWS momentum and usher a Republican into the White House.
The outstanding question is whether OWS can stomach an infiltration of the government. Clearly, some would prefer revolution and will settle for nothing less. But the Tea Party has shown us that a concerted effort to win seats can make an enormous difference in the workings of government. And a majority of Americans, I predict, would not support a revolution.
OWS continues to amass an impressive trove of political capital and, in a brilliant tactical move, has spent none at all. As the world unites around a cause of equity and justice, political beasts will be brought to their knees. But who, or what, will stand before them? This is for the 99% to decide.
By Leo Brown
[President Obama's Weekly Address]
It might seem that President Obama is pandering to the Occupy Wall Street movement with his recent rhetoric. He wants to tax the rich to finance our nation's future. He wants to live in a country where everyone, not only those who have already made a fortune, has an opportunity to prosper.
Of course, the President has been saying these things since before he took office, and especially in the last year during the debt fight. He repeats his conviction in this week's address.
Not long ago, I suggested that the President's agenda didn't entirely align with OWS. He has since issued an executive order to ease the burden of student debt, finally enacting legislation that Congress passed in 2010.
We are right to push the man, to ask more of him, and to be angry when he fails to deliver. But anyone who thinks that President Obama is an enemy of the cause has their head in the sand.
In this widely circulated column, Thomas Friedman describes the revolting relationship between banks and government as "a forum for legalized bribery." Even the shortest fry can see that our society is guided by perverse incentive and controlled by the corrupt and ignorant.
So the anarchist contingent of OWS would nail me to the wall for suggesting this, but I'll say it anyway. In the 2010 Congressional elections, the Tea Party won a great many seats in the House. What if OWS tries to do the same in 2012? We don't have much to lose, and now would seem to be the moment to seize. Tea Party representatives are politically weak and verifiably silly. A majority of Americans sympathize with OWS. Occupations are shooting up like dandelions. Instead of Tea Party obstruction, an OWS caucus could empower President Obama to be the progressive hero that we want and need.
Or, OWS could rally behind Jill Stein for President. Ms. Stein, a serious and immensely likable Green Party stalwart, could very well scoop up OWS momentum and usher a Republican into the White House.
The outstanding question is whether OWS can stomach an infiltration of the government. Clearly, some would prefer revolution and will settle for nothing less. But the Tea Party has shown us that a concerted effort to win seats can make an enormous difference in the workings of government. And a majority of Americans, I predict, would not support a revolution.
OWS continues to amass an impressive trove of political capital and, in a brilliant tactical move, has spent none at all. As the world unites around a cause of equity and justice, political beasts will be brought to their knees. But who, or what, will stand before them? This is for the 99% to decide.
Thursday, October 27, 2011
An Immigration Thought Experiment
Most Russians I encounter hold some strong views about illegal immigration. As Mexicans pick our tomatoes, Uzbeks, Tajiks, and other Central Asians work their construction sites and supply other low-wage labor. One interpretation of this situation is that they do a mediocre job for cheap, thus degrading the quality of Russian life and taking jobs away from citizens.
Our situation in America is rather different, regardless of editorial spin. The government does not hire Mexican farm workers, and few would argue that their work is inferior. Disgruntled Americans focus on the notion that they are keeping wages low and unemployment up.
As I discussed in my last post, this interpretation has been complicated by evidence that unemployed Americans do not accept farm labor when it is available. It is more profitable, and more reliable, to simply collect unemployment insurance. This does not seem quite right.
So I've been thinking about what the economy would look like without undocumented immigrants. For the sake of simplicity, I'll focus on agricultural labor. Here is my take: an intuitive, thought-experiment economic analysis.
*Farm wages rise. Compensation needs to be more attractive than unemployment insurance.
*Without government assistance, many farms are unable to afford the new cost of labor and go out of business. Alternatively, the government provides subsidies to aid this transition.
*American food prices rise, reflecting the high cost of labor and scarcity of domestic farms.
*Cheap food from abroad fills American markets. Food "Made in America" is now a luxury.
*Most Americans end up eating food grown in Mexico, picked by the same Mexicans who used to work here.
The demand for domestic food will never go away, but in such a scenario, it would shift to the rich and the xenophobic. Because of undocumented immigrant labor, most Americans can afford food that is grown on our soil. Without Mexican workers, some more Americans might have jobs, but they wouldn't be able to afford a tomato picked north of the border.
Our situation in America is rather different, regardless of editorial spin. The government does not hire Mexican farm workers, and few would argue that their work is inferior. Disgruntled Americans focus on the notion that they are keeping wages low and unemployment up.
As I discussed in my last post, this interpretation has been complicated by evidence that unemployed Americans do not accept farm labor when it is available. It is more profitable, and more reliable, to simply collect unemployment insurance. This does not seem quite right.
So I've been thinking about what the economy would look like without undocumented immigrants. For the sake of simplicity, I'll focus on agricultural labor. Here is my take: an intuitive, thought-experiment economic analysis.
*Farm wages rise. Compensation needs to be more attractive than unemployment insurance.
*Without government assistance, many farms are unable to afford the new cost of labor and go out of business. Alternatively, the government provides subsidies to aid this transition.
*American food prices rise, reflecting the high cost of labor and scarcity of domestic farms.
*Cheap food from abroad fills American markets. Food "Made in America" is now a luxury.
*Most Americans end up eating food grown in Mexico, picked by the same Mexicans who used to work here.
The demand for domestic food will never go away, but in such a scenario, it would shift to the rich and the xenophobic. Because of undocumented immigrant labor, most Americans can afford food that is grown on our soil. Without Mexican workers, some more Americans might have jobs, but they wouldn't be able to afford a tomato picked north of the border.
Tuesday, October 25, 2011
2011.10.22 Weekly Address: Bringing Home Our Troops
The Problems Money Won't Solve
By Leo Brown
President Obama has announced that, after a decade of war and deep involvement in foreign military affairs, "the nation we need to rebuild is our own." We are at a turning point, the President suggests - Muammar Gadaffi and Osama bin Laden have been killed, American troops will leave Iraq by the holidays - and from this point, we can anticipate a more peaceful and prosperous future.
It's a remarkably pragmatic idea. We've made some progress towards our military goals, but meanwhile, our country has hit the fan, and so we'll take this moment to reconsider our game plan.
In theory, the conclusion of the Iraq War should free up some dollars that could be spent solving some of our biggest challenges: the deficit, unemployment, student debt, the education system, and infrastructure. Obviously, students shouldn't have to borrow thousands of dollars to attend a university. Schools shouldn't need to choose between a music department and a gym. And no one should have to wonder whether it's best to buy heat or medicine. We can spend our Iraq money here.
But most fifty-year-olds will never move a touchscreen so nimbly as their daughters. What are they to do when the plant shuts down?
Green and advanced manufacturing can replace some of these twentieth-century jobs. But that might not be enough. So many industries no longer need manual labor. On top of this, advanced technology, touted as our economic savior, often is designed specifically to eliminate human workers. This is their definition of success (see: E-ZPass).
Unemployed college graduates are in trouble, but their parents have it worse. The world is working quickly to make their skills obsolete. And this doesn't only affect people who are approaching retirement: millions of new adults remain undereducated and poor. Fifty years ago, they (the white and male) could have found a job in the plant. But Americans today are not going to compete with illegal immigrants for farm work; they can make more money by collecting unemployment. So what should they do instead? Start a small business? Open a wine shop? Try it. See what happens.
Our economy has seen paradigm shifts before. More than two centuries ago, Eli Whitney invented the cotton gin. Until then, cotton was not a very productive crop; though it is easy to grow in the South, it took too long to pick out all the seeds. This was no longer a hindrance, and the American economic capacity skyrocketed.
Likewise, if some genius (or anyone else) can come with an idea to put our undereducated labor to work, a project that truly requires their skills, our economy will once again have a future. For now, we will continue to cannibalize our workforce, churning out "smart" technology that puts the common man out of a job.
Likewise, if some genius (or anyone else) can come with an idea to put our undereducated labor to work, a project that truly requires their skills, our economy will once again have a future. For now, we will continue to cannibalize our workforce, churning out "smart" technology that puts the common man out of a job.
It's a fast-paced world and an exciting time to be alive, but we need to work with what we've got. Our current game plan will leave a vast segment of the population unemployed and disenfranchised. This is a problem that money alone will never solve.
Wednesday, October 19, 2011
two pertinent op-eds
The New York Times has published a couple of solid pieces that pertain to some of my earlier posts. In "The Great Restoration," David Brooks suggests that most Americans have learned from the mistakes of the last decade and are changing their financial strategies. Debt is no longer widely viewed as an effective financial strategy, and families are now "repairing the economic moral fabric" of our nation. In short, there's no such thing as a free lunch. Mr. Brooks refers to a variety of polls and demographic data in his article and presents a solid case.
What I find especially interesting is that, according to this notion, we don't need massive education reform to solve our financial problems, as I suggested back in July. Because while our economy is immensely complicated, sticking to a few basic principles can go far. Although, if we taught these principles to children and young adults, perhaps another generation would not need to learn the hard way.
The other article, "In Defense of the Back-Room Deal," written by Jordan Tama, provides a concise historical overview of secrecy in Congressional negotiations. Mr. Tama argues that shielded from the media limelight, politicians with opposing views are sometimes able to achieve logical, intelligent compromise. As I argued in this post and many prior, our political system could work so well if, somehow, politicians were not able to communicate with their constituents so easily and regularly. Balance is essential, but less time on Twitter and less time delivering wrote, inflammatory sound-bytes would definitely help to move things along. Then, if we're not happy with the results, we'll throw them out of office.
What I find especially interesting is that, according to this notion, we don't need massive education reform to solve our financial problems, as I suggested back in July. Because while our economy is immensely complicated, sticking to a few basic principles can go far. Although, if we taught these principles to children and young adults, perhaps another generation would not need to learn the hard way.
The other article, "In Defense of the Back-Room Deal," written by Jordan Tama, provides a concise historical overview of secrecy in Congressional negotiations. Mr. Tama argues that shielded from the media limelight, politicians with opposing views are sometimes able to achieve logical, intelligent compromise. As I argued in this post and many prior, our political system could work so well if, somehow, politicians were not able to communicate with their constituents so easily and regularly. Balance is essential, but less time on Twitter and less time delivering wrote, inflammatory sound-bytes would definitely help to move things along. Then, if we're not happy with the results, we'll throw them out of office.
Tuesday, October 18, 2011
2011.10.15 Weekly Address: Made in America
In fact, OWS supporters have lambasted President Obama for suggesting that he is aligned with their movement. Even if they prefer him to a Republican, many frustrated liberals wish he had done more. Many believe that because of his desire to compromise, America remains mired in a hot mess of unemployment and inequality.
This may be true. But it only tells half of the story, a half that is cemented in the past. What about the American Jobs Act? Can we agree that is a good idea?
We would be irresponsible not to pass the American Jobs Act, but it does not address what (I think) OWS is about. For example, one unifying point seems to be that so many Americans are swamped with student loans that they might never be able to pay off. Or, to put it in broader terms, one expects a baseline level of success upon completing higher education. Protesters, many of whom are college-educated and unemployed, feel that they have been swindled. They can hardly contribute to economic growth or invest in their future burdened by such debt. But the American Jobs Act does not address this issue, or higher education at all, except for an allocation of $5 billion to modernize community colleges.
Another key OWS point, that Wall Street caused the financial crisis and escaped without a scratch, is not at all a focus of the American Jobs Act. The government seems not to have held the financial sector responsible or discouraged them from repeating the same sins. The Dodd-Frank financial reform bill has been a flop. Wall Street chiefs and CEOs continue to line their pockets with bonuses and "golden goodbyes." The big banks may be too big to fail, but they aren't too big to be grounded. Wall Street is spoiled rotten, and the parents are too busy bickering to notice or care.
Instead, the American Jobs Act focuses on traditionally blue-collar priorities: providing tax relief for small businesses, investing in public works projects, extending unemployment insurance, and hiring government employees. Many of these initiatives will help the OWS demographic, but they don't really get to the point.
In the next few months, we will see whether President Obama and OWS can form a powerful alliance to advance the progressive cause. But the current disconnect raises another fundamental question: why is OWS comprised largely of college graduates, anyway? Most Americans do not have college degrees, and these high school graduates and dropouts are the ones who bear the brunt of the recession. Why are they not camped out in Zuccotti Park? What is happening?
College graduates have every right to be angry with their lot, but the fact remains that their less-educated brethren are more numerous and, on the whole, saddled with deeper economic troubles. The plight of these Americans who would benefit most from the American Jobs Act provide a potential link between President Obama and OWS. For now, they remain a silent majority, a massive yet unseen shadow, the fruits of a 20th-century formula gone sour. Can OWS link arms with this majority and blindside a dysfunctional system?
Monday, October 10, 2011
2011.10.08 Weekly Address: Making Your Voice Heard on the American Jobs Act
During the past week, New Jersey Governor Chris Christie and village idiot Sarah Palin both announced that they would not be running for president. Thereby, the Republican presidential field is set. So except in the unlikely event that former Utah governor John Huntsman, Jr. wins the primary, we now know that President Obama will face a deeply flawed sack in the 2012 election.
This will change things. Since the 2010 elections, when Republicans took control of the House, they have been putting their chips on government failure. So goes the tired theory: if these four years are miserable, the American people will demand a new president.
This might have worked. But it depended on a broad swath of the electorate getting excited, really amped, about their nominee. And no one is going to get excited about Mitt Romney.
Who would? Who could? It's not that he's a Mormon, though this will certainly turn off extremist Christians. The problem is that he changes his political persuasion depending on the election, and as a result, he is impossible to like. He is uncomfortable in his own skin because he sheds it whenever his aides, or the media, suggest. He's the caricature of a flip-flopping politician.
Sure, many Republicans will choke down their reflux and vote against President Obama - that is, if they can drag themselves to the polls after their candidate's relentless campaign of humiliating, emasculating ass-kissing.
And then there's the rest of the field. I could detail their flaws as candidates, but suffice to say, they are all too conservative, and, in most cases, too inexperienced to run a serious campaign against a centrist, incumbent president. The liberal youth and intelligentsia would come out in droves to vote against Rick Santorum, who proudly bears the flag of homophobic vitriol. No one takes Michele Bachmann seriously following the HPV vaccine fiasco. Herman Cain has never been elected to political office and offers few new ideas. And somehow, after a splashy entrance into the race, Rick Perry has managed to anger virtually all possible constituencies.
In order to see their strategy through to fruition, Republicans in Congress would have to ride a groundswell of enthusiasm, sweeping President Obama and his henchmen out of office in a vindication of conservative values. But with one of these individuals as the standard-bearer? America isn't going to buy it.
This week, President Obama asks Congress to pass his jobs bill once again. But now that we know the field of presidential candidates, the Republican trump card rings hollow. Now that we see the alternatives to President Obama, there is no longer a reason to replace him.
Of course, the Republican strategy will probably not, in fact, change. I expect a long year of forced enthusiasm and awkward rallies as Mitt Romney tries to fire up a crowd. Alternatively, we will have a year of hilarious debates as Herman Cain or Michele Bachmann attempts to outwit President Obama.
The Republican strategy will not change, but the President need not fear. We now know that the opposition has little to offer, and he has even less to gain by appeasing them. There is nothing Republicans can do, in this election cycle, to be taken seriously by moderate and liberal America.
Finally, hopefully, the President can relax and say more of what he really thinks. Because now that the Republican presidential field have outed themselves, he need not worry about looking comparatively extreme, nutty, or disingenuous. Perhaps, as the opposition comes into focus, more citizens will realize how much worse things could be.
Monday, October 3, 2011
2011.10.01 Weekly Address: Fighting for the American Jobs Act
Going on three weeks, President Obama defends the American Jobs Act, and Congress continues to not pass it. The President offers a fair point: if members of Congress have a problem with the legislation, they should present an alternative, or perhaps revisions. Instead, all parties are talking to the media, referring vaguely to the bill's shortcomings, and, apparently, ignoring each other.
It's not at all surprising that Republicans do not want to pass the bill precisely as written. And though he made a show of demanding immediate passage, President Obama has invited Republicans to present their preferred changes. Some Democrats have expressed concern with the bill, and they, too, have the power to offer a revised version. What is stopping them?
Maybe, the problem is that most of these candidates travel to their home districts every weekend to appear at community events. Why do they do this? What if they did this every other weekend? They could spend the balance of their time in Washington negotiating a jobs plan. It's nice to see your Congressman at the county fair, but would you rather have a job?
Some suspect that Republicans are holding up this bill in order to make the President look stupid and inept. This would increase their chances of reelection, so goes conventional theory. But with their approval rating astonishingly low, Congressional incumbents surely realize that their jobs are at stake, regardless of party, if they continue to bicker. Why don't they do their jobs?
There is so much at stake, and yet, our national decision-makers are lodged inextricably in a system that breeds and rewards inefficiency. Must this be?
Here's one idea to kick around: if politicians were disconnected from their constituents as in the days before electricity, they might be more inclined to do their jobs. Rather than tweeting, they might converse. Floor speeches would no longer serve the express purpose of clogging C-SPAN and cable with sound bytes. Rather, Congressmen would take to the floor to address their colleagues. Without bloggers to parse every word, they could speak freely. Perhaps their ideologies would grow and wiggle. Not so today.
The past is gone, but lessons can be learned from earlier imperfect times. The fact is, in the present environment, time spent by politicians addressing the media is time wasted. There is nothing to hear. They will say what they've been told to say, and what they've already said repeatedly.
Members of Congress need to be locked in a room and told that they will have no photo ops, no time to spend with campaign donors, until they have negotiated a revision of the American Jobs Act. It would be only fair.
It's not at all surprising that Republicans do not want to pass the bill precisely as written. And though he made a show of demanding immediate passage, President Obama has invited Republicans to present their preferred changes. Some Democrats have expressed concern with the bill, and they, too, have the power to offer a revised version. What is stopping them?
Maybe, the problem is that most of these candidates travel to their home districts every weekend to appear at community events. Why do they do this? What if they did this every other weekend? They could spend the balance of their time in Washington negotiating a jobs plan. It's nice to see your Congressman at the county fair, but would you rather have a job?
Some suspect that Republicans are holding up this bill in order to make the President look stupid and inept. This would increase their chances of reelection, so goes conventional theory. But with their approval rating astonishingly low, Congressional incumbents surely realize that their jobs are at stake, regardless of party, if they continue to bicker. Why don't they do their jobs?
There is so much at stake, and yet, our national decision-makers are lodged inextricably in a system that breeds and rewards inefficiency. Must this be?
Here's one idea to kick around: if politicians were disconnected from their constituents as in the days before electricity, they might be more inclined to do their jobs. Rather than tweeting, they might converse. Floor speeches would no longer serve the express purpose of clogging C-SPAN and cable with sound bytes. Rather, Congressmen would take to the floor to address their colleagues. Without bloggers to parse every word, they could speak freely. Perhaps their ideologies would grow and wiggle. Not so today.
The past is gone, but lessons can be learned from earlier imperfect times. The fact is, in the present environment, time spent by politicians addressing the media is time wasted. There is nothing to hear. They will say what they've been told to say, and what they've already said repeatedly.
Members of Congress need to be locked in a room and told that they will have no photo ops, no time to spend with campaign donors, until they have negotiated a revision of the American Jobs Act. It would be only fair.
Monday, September 26, 2011
2011.09.23 Weekly Address: Strengthening the American Education System
Nearly a decade since President Bush signed No Child Left Behind into law, President Obama is now taking steps to dismantle its most ineffective stipulations. The new terms set by the President acknowledge the variable conditions and circumstances in school districts nationwide. States can now apply for a waiver and set their own standards of achievement. These changes will make our education system more efficient, relieving districts and teachers of monolithic standardized tests and counterproductive "failing" labels.
Two weeks ago, I proposed that we reinvigorate the nation by setting a goal. With this in mind, we can look to No Child Left Behind as a useful case of a failed national goal. Much blame for the law's ineffectiveness has been placed on its framework as a goal: that 100% of students reach grade-level proficiency in reading and math by 2014. Critics of the law say that this was, and always will be, impossible.
I don't need to explain why these critics are 100% right, nor will I waste space ranting about how 100% of anything misses the point completely.
Rather, I'll point out one facet of this debacle that could be easily twisted to set us back another ten years. We didn't achieve the goal of No Child Left Behind, and this was a lofty goal indeed. But our inevitable failure cannot be a referendum on lofty goals. It's not simply that we set a goal too big, too much, too ambitious. Because as we well know, it was also silly and irrelevant.
We can learn from No Child Left Behind not to stake our national dignity on ending 100% of civilian casualties or picking up all of the cigarette butts. But this doesn't mean we shouldn't aim to demonize fast food to oblivion or use public resources to modernize public schools, as President Obama declares in his address. We can still clean up the streets and the ocean. These are goals that we can achieve, that are, by definition, attainable. And not only are they attainable, they are bigger and better than anything No Child Left Behind had to offer.
We can learn from one of the simplest, most accessible economic theories, the law of diminishing returns, that if we spend to the moon, there will remain middle school dropouts. Thankfully, President Obama is not wasting our time by complaining about the failures of No Child Left Behind, but rather proposing new goals that can bring us to a smarter, successful future. Now, with proper doses of federal spending, state sovereignty, and some confidence in our abilities, we can finally lift our children from the middle of the pack among nations. That is an attainable goal.
Two weeks ago, I proposed that we reinvigorate the nation by setting a goal. With this in mind, we can look to No Child Left Behind as a useful case of a failed national goal. Much blame for the law's ineffectiveness has been placed on its framework as a goal: that 100% of students reach grade-level proficiency in reading and math by 2014. Critics of the law say that this was, and always will be, impossible.
I don't need to explain why these critics are 100% right, nor will I waste space ranting about how 100% of anything misses the point completely.
Rather, I'll point out one facet of this debacle that could be easily twisted to set us back another ten years. We didn't achieve the goal of No Child Left Behind, and this was a lofty goal indeed. But our inevitable failure cannot be a referendum on lofty goals. It's not simply that we set a goal too big, too much, too ambitious. Because as we well know, it was also silly and irrelevant.
We can learn from No Child Left Behind not to stake our national dignity on ending 100% of civilian casualties or picking up all of the cigarette butts. But this doesn't mean we shouldn't aim to demonize fast food to oblivion or use public resources to modernize public schools, as President Obama declares in his address. We can still clean up the streets and the ocean. These are goals that we can achieve, that are, by definition, attainable. And not only are they attainable, they are bigger and better than anything No Child Left Behind had to offer.
We can learn from one of the simplest, most accessible economic theories, the law of diminishing returns, that if we spend to the moon, there will remain middle school dropouts. Thankfully, President Obama is not wasting our time by complaining about the failures of No Child Left Behind, but rather proposing new goals that can bring us to a smarter, successful future. Now, with proper doses of federal spending, state sovereignty, and some confidence in our abilities, we can finally lift our children from the middle of the pack among nations. That is an attainable goal.
Monday, September 19, 2011
2011.09.17 Weekly Address: Passing the American Jobs Act
Republicans have cried foul as President Obama demands immediate passage of the American Jobs Act. It's not fair, they say, that the President would expect us to pass his bill without letting us contribute our ideas. They cite the need for compromise and discourse.
Before dismissing Republican opposition as obstructionist and crotchety, let's allow for the possibility that their grievances are earnest. The President needs some Republican votes, and these are within reach, provided that the GOP feel welcome to a spot at the table. If all they want is to make a few changes, even if only to appear engaged and influential, President Obama should allow them this opportunity. He hasn't much to lose, and this would be a small price to pay.
The President is taking a hard line in order to appear strong, as many worry about his chances in the 2012 election. This is a fair concern. But he would also appear strong, perhaps even more so, if he doesn't insist on passage exactly as written. Let them make a few changes if it's going to calm them down. Remember, this whole enterprise is mostly about injured pride and saving face.
Be strong, President Obama, and hold fast to your principles. But don't draw a line in the sand now. You are better than that, and your American Jobs Act is too good to waste.
It will be best not to invite comparison to Rep. Paul Ryan, the Chairman of the House Budget Committee who drafted this summer's Republican budget plan. The Ryan Plan, doomed to a presidential veto from its inception, was a futile exercise in bluster and a legislative failure that further undermined GOP credibility. Everyone knew from the get-go that it would never pass, but this didn't stop Republicans from bludgeoning the discourse with its irrelevant dogma.
Unlike the Ryan Plan, the American Jobs act is a centrist piece of legislation based on compromise. House Speaker John Boehner has announced that the plan "merits consideration." I hope the President will not waste this opportunity for real compromise by insisting on verbatim passage, which is about the only way the American Jobs Act could come across as unreasonable.
Before dismissing Republican opposition as obstructionist and crotchety, let's allow for the possibility that their grievances are earnest. The President needs some Republican votes, and these are within reach, provided that the GOP feel welcome to a spot at the table. If all they want is to make a few changes, even if only to appear engaged and influential, President Obama should allow them this opportunity. He hasn't much to lose, and this would be a small price to pay.
The President is taking a hard line in order to appear strong, as many worry about his chances in the 2012 election. This is a fair concern. But he would also appear strong, perhaps even more so, if he doesn't insist on passage exactly as written. Let them make a few changes if it's going to calm them down. Remember, this whole enterprise is mostly about injured pride and saving face.
Be strong, President Obama, and hold fast to your principles. But don't draw a line in the sand now. You are better than that, and your American Jobs Act is too good to waste.
It will be best not to invite comparison to Rep. Paul Ryan, the Chairman of the House Budget Committee who drafted this summer's Republican budget plan. The Ryan Plan, doomed to a presidential veto from its inception, was a futile exercise in bluster and a legislative failure that further undermined GOP credibility. Everyone knew from the get-go that it would never pass, but this didn't stop Republicans from bludgeoning the discourse with its irrelevant dogma.
Unlike the Ryan Plan, the American Jobs act is a centrist piece of legislation based on compromise. House Speaker John Boehner has announced that the plan "merits consideration." I hope the President will not waste this opportunity for real compromise by insisting on verbatim passage, which is about the only way the American Jobs Act could come across as unreasonable.
Monday, September 12, 2011
2011.09.10 Weekly Address: Coming Together as One Nation to Remember
As many have noted over the past few days, including President Obama in his weekly address, September 11, 2001 and the weeks following were a time of remarkable political and national unity. In the face of a direct threat to our safety
and security at the hands of a vicious, irrational enemy, America put politics
aside. They did not seem important;
too much was at stake.
Ten years on, while the threat of terrorist attacks persists, our leadership, media, and conversation
focus on a different sort of peril: our decline as a world leader and economic
power. This unpleasant possibility threatens
any sort of security we might hope to enjoy in the future, and we cannot escape the evidence. Millions of unemployed Americans know that the current economic recovery has been
perfunctory and inadequate. Our education system, compared to other developed countries, produces mediocrity. The obesity epidemic ravages the poor and disenfranchised. Amidst these immense challenges, the tone of political discourse is not only hostile, but fatalistic and dejected.
Whereas September 11 galvanized our patriotism and inspired heroic deeds, albeit temporarily, the economic crisis has done the opposite. We are a nation fragmented and misguided, unsure of how to tackle the 21st century and frustrated by our ineptitude. Our politics are pointlessly contentious. How can we emerge triumphant and proud in this era?
This is one of the great mysteries of our time, but I will hazard a guess. If we are to become functional and productive once again, we need to find a common national goal.
Our goal needs to meet a few criteria. To avoid political stalemate, it must be a goal that can be achieved by only one particular means. For example, when President Kennedy captured the nation's imagination by proposing a race to the moon, there was no question that Congress would need to allocate funding to NASA, which would in turn build a top-notch rocket. This was really the only possible way to have a race to the moon.
Our goal also needs to be one that no political party and few individuals would dare to question. During World War II, the civilian workforce rallied against a set of heinous enemies, inspired by a wholesome narrative of military heroism and righteousness. But in the 21st century, videos of American soldiers abusing Iraqi prisoners of war complicated our understanding of military engagement, and so the War on Terror did not unify the nation for long.
While we need to reduce the deficit (to some degree) and create jobs, these will not suffice as our national goals. There is simply too much to argue about. These are necessary tasks, but we need an additional goal that will serve the purpose of uniting us.
So what can President Obama do? There is surely more than one answer, and possibly the most effective tack would be one that none of us have yet imagined, just as President Kennedy inspired his countrymen in 1961.
Alternatively, the President could choose a less fanciful, but eminently achievable and profoundly practical goal. What if, by the end of this decade, American students achieved the highest test scores in reading, science, and math in the world? Unlike President Bush's controversial No Child Left Behind Act, such a goal would hold America to an international standard administered by the Organisation for Economic Co-operation and Development (OECD). No longer would individual state programs have the option of achieving goals by lowering expectations. The OECD, a venerated entity that functions above the fray of American politics, already collects the necessary data. All we need to do is move up the charts.
Whereas September 11 galvanized our patriotism and inspired heroic deeds, albeit temporarily, the economic crisis has done the opposite. We are a nation fragmented and misguided, unsure of how to tackle the 21st century and frustrated by our ineptitude. Our politics are pointlessly contentious. How can we emerge triumphant and proud in this era?
This is one of the great mysteries of our time, but I will hazard a guess. If we are to become functional and productive once again, we need to find a common national goal.
Our goal needs to meet a few criteria. To avoid political stalemate, it must be a goal that can be achieved by only one particular means. For example, when President Kennedy captured the nation's imagination by proposing a race to the moon, there was no question that Congress would need to allocate funding to NASA, which would in turn build a top-notch rocket. This was really the only possible way to have a race to the moon.
Our goal also needs to be one that no political party and few individuals would dare to question. During World War II, the civilian workforce rallied against a set of heinous enemies, inspired by a wholesome narrative of military heroism and righteousness. But in the 21st century, videos of American soldiers abusing Iraqi prisoners of war complicated our understanding of military engagement, and so the War on Terror did not unify the nation for long.
While we need to reduce the deficit (to some degree) and create jobs, these will not suffice as our national goals. There is simply too much to argue about. These are necessary tasks, but we need an additional goal that will serve the purpose of uniting us.
So what can President Obama do? There is surely more than one answer, and possibly the most effective tack would be one that none of us have yet imagined, just as President Kennedy inspired his countrymen in 1961.
Alternatively, the President could choose a less fanciful, but eminently achievable and profoundly practical goal. What if, by the end of this decade, American students achieved the highest test scores in reading, science, and math in the world? Unlike President Bush's controversial No Child Left Behind Act, such a goal would hold America to an international standard administered by the Organisation for Economic Co-operation and Development (OECD). No longer would individual state programs have the option of achieving goals by lowering expectations. The OECD, a venerated entity that functions above the fray of American politics, already collects the necessary data. All we need to do is move up the charts.
This goal, both as a process and an accomplishment, would restore American dignity and pride in a world that thinks we're stupid. It would stimulate the economy by increasing the productivity of our labor force. And I believe that parents across the political spectrum would embrace the project. Who doesn't want their children to be the smartest in the world?
President Obama needs to find a goal, immediately, that will unify his 300 million constituents. Some might say that this is impossible in the 21st century; indeed, never has such unity been sustained in our age. If this is true, if today's world is hopelessly fragmented, the President will be replaced in the next election. In order to keep his job, President Obama needs to debunk this grim notion and inspire his country to achieve greatness once again.
tags:
economy,
education,
September 11
Location:
Niskayuna, NY, USA
Monday, September 5, 2011
2011.09.03 Weekly Address: Time to Act on the Transportation Bill
This past weekend, my girlfriend, Sato, and I were rescued.
We were sailing on a 1970s-era Minifish boat at the time. We quickly capsized - Sato's grandpa had mentioned that this might happen, and we had a plan of action. We were drenched, but hardly dispirited.
But when we mounted the vessel, the rudder flopped ominously to the side. A bolt had come loose and popped off amidst the fray. In one critical moment, our steering apparatus had become a useless burden.
I can't say for sure how much time passed before the fireboat arrived. We tried to kick the boat towards shore. We tried the "human rudder" technique. All the while, as the tide moved seaward, we drifted helplessly on towards the horizon.
When the fireboat arrived and hoisted us to safety, we thanked our saviors profusely. They were a goodhearted bunch, mostly amused by our predicament. We motored to shore, and I asked one of the crew how much the rescue operation was going to cost me.
He explained that, in fact, the rescue was a free service. It is what the fire department does.
In our society, endangered citizens do not hesitate to call 911. Imagine if the police sent someone a bill after investigating an armed robbery or sexual assault. In America, we can do better than that. As such, even though Sato and I faced a danger rather mundane, something more like an embarrassing inconvenience, we were rescued for free.
Unfortunately, this logic does not hold true in so many regards. We can afford to save poor people from burning buildings, but they will need to choose between electricity and insulin. Or maybe they won't be able to afford either.
This double standard illuminates the basic incoherence of modern budget hawkery. There are certain rights (and, granted, a large region of gray area) required by every citizen. This is why we don't privatize the police. And, when the time comes to consider our budget priorities, these basic rights should not be used as bargaining chips; they should not be on the table.
President Obama, in this week's address, asks Congress to renew a transportation bill so that roads, bridges, and highways can be repaired and maintained. This is a responsibility that Congress needs to bankroll with federal dollars, regardless of our fiscal dilemma. It will be a sound investment in terms of job growth, efficiency, and quality of life. But just as House Majority Leader Eric Cantor questions whether government can afford to provide emergency assistance to Irene victims, Republican lawmakers and presidential candidates have made a habit of disregarding these basic rights in what the President labels "political gamesmanship."
We will see in the weeks to come whether the transportation bill will precipitate another rancorous stalemate or, at long last, bipartisan compromise. The President is worried, which is understandable, following the summer-long debt ceiling theatrics. But I would rather wait for Republicans to flesh out a coherent response before invoking panic and dire warnings. Best not to cry wolf. And it would seem that if Congress can agree on anything, filling potholes would be a good place to start.
I say, let's hope Washington puts pavement before politics, and enjoy the free roads while we've got them.
We were sailing on a 1970s-era Minifish boat at the time. We quickly capsized - Sato's grandpa had mentioned that this might happen, and we had a plan of action. We were drenched, but hardly dispirited.
But when we mounted the vessel, the rudder flopped ominously to the side. A bolt had come loose and popped off amidst the fray. In one critical moment, our steering apparatus had become a useless burden.
I can't say for sure how much time passed before the fireboat arrived. We tried to kick the boat towards shore. We tried the "human rudder" technique. All the while, as the tide moved seaward, we drifted helplessly on towards the horizon.
When the fireboat arrived and hoisted us to safety, we thanked our saviors profusely. They were a goodhearted bunch, mostly amused by our predicament. We motored to shore, and I asked one of the crew how much the rescue operation was going to cost me.
He explained that, in fact, the rescue was a free service. It is what the fire department does.
In our society, endangered citizens do not hesitate to call 911. Imagine if the police sent someone a bill after investigating an armed robbery or sexual assault. In America, we can do better than that. As such, even though Sato and I faced a danger rather mundane, something more like an embarrassing inconvenience, we were rescued for free.
Unfortunately, this logic does not hold true in so many regards. We can afford to save poor people from burning buildings, but they will need to choose between electricity and insulin. Or maybe they won't be able to afford either.
This double standard illuminates the basic incoherence of modern budget hawkery. There are certain rights (and, granted, a large region of gray area) required by every citizen. This is why we don't privatize the police. And, when the time comes to consider our budget priorities, these basic rights should not be used as bargaining chips; they should not be on the table.
President Obama, in this week's address, asks Congress to renew a transportation bill so that roads, bridges, and highways can be repaired and maintained. This is a responsibility that Congress needs to bankroll with federal dollars, regardless of our fiscal dilemma. It will be a sound investment in terms of job growth, efficiency, and quality of life. But just as House Majority Leader Eric Cantor questions whether government can afford to provide emergency assistance to Irene victims, Republican lawmakers and presidential candidates have made a habit of disregarding these basic rights in what the President labels "political gamesmanship."
We will see in the weeks to come whether the transportation bill will precipitate another rancorous stalemate or, at long last, bipartisan compromise. The President is worried, which is understandable, following the summer-long debt ceiling theatrics. But I would rather wait for Republicans to flesh out a coherent response before invoking panic and dire warnings. Best not to cry wolf. And it would seem that if Congress can agree on anything, filling potholes would be a good place to start.
I say, let's hope Washington puts pavement before politics, and enjoy the free roads while we've got them.
tags:
budget deficit,
economy,
transportation
Location:
Niskayuna, NY, USA
Sunday, August 28, 2011
2011.08.27 Weekly Address: Coming Together to Remember
Nearly ten years have passed since the September 11th attacks. In his address this week, President Obama calls upon the nation to commemorate the anniversary by devoting a day to community service. Just as firefighters, soldiers, and regular citizens have given of themselves over the last decade, we can all contribute, whether in tiny bits or large chunks, to make our world more peaceful and just.
In his call to service, the President invokes the unity that our country found in the months following the attacks. Such a non-partisan atmosphere feels a distant memory in the rancorous political muck of today, and it is tempting to long for a revival of this spirit. How are we to become a great nation anew if we don't stop bickering?
Certainly, we would do well to bicker less. And we need not bicker purely for the sake of bickering. I agree with the President that we could spend our time more usefully, and he is right to direct us to serve our communities rather than picking our toenails or prowling Facebook.
But on this tenth anniversary of our nation's deadliest terrorist attacks, President Obama needs also to rehash the less honorable aspects of our response. As a twelve-year-old in the fall of 2001, I listened to the local radio while citizens decried Islam and its faithful as inhuman agents of evil.
"They should all be nuked," one caller demanded.
Just over a year later, an overwhelming majority of Congress voted to authorize the invasion of Iraq if Saddam Hussein refused to relinquish his weapons of mass destruction (which, needless to say, did not exist).
"America speaks with one voice," proclaimed President Bush.
This has been a decade marred by prisoners detained and tortured at Guantanamo Bay, without trial or basic human rights. Last summer, a pastor in Gainesville, Florida planned to commemorate the September 11 attacks by hosting an "International Burn a Quran Day." On a regular basis, friends and strangers bait me, hoping that as a Jew, I will lash out and rant against Muslims, indulging in a dash of xenophobic backscratching.
We have been down this road before. German-Americans during World War I and Japanese-Americans during World War II tasted the foul byproduct of our patriotism. When will we learn?
On this anniversary, we can serve our country by joining a community service project organized by an unfamiliar church, or synagogue, or mosque. We can attend a new sort of religious service, even if only once. And when an ignorant or confused citizen tosses off a racist or ethnocentric comment, we can share our view of how important diversity is to our nation's fabric. Such a response would serve our country better than the grim, stony silence that prevails all too often in the face of injustice.
In his call to service, the President invokes the unity that our country found in the months following the attacks. Such a non-partisan atmosphere feels a distant memory in the rancorous political muck of today, and it is tempting to long for a revival of this spirit. How are we to become a great nation anew if we don't stop bickering?
Certainly, we would do well to bicker less. And we need not bicker purely for the sake of bickering. I agree with the President that we could spend our time more usefully, and he is right to direct us to serve our communities rather than picking our toenails or prowling Facebook.
But on this tenth anniversary of our nation's deadliest terrorist attacks, President Obama needs also to rehash the less honorable aspects of our response. As a twelve-year-old in the fall of 2001, I listened to the local radio while citizens decried Islam and its faithful as inhuman agents of evil.
"They should all be nuked," one caller demanded.
Just over a year later, an overwhelming majority of Congress voted to authorize the invasion of Iraq if Saddam Hussein refused to relinquish his weapons of mass destruction (which, needless to say, did not exist).
"America speaks with one voice," proclaimed President Bush.
This has been a decade marred by prisoners detained and tortured at Guantanamo Bay, without trial or basic human rights. Last summer, a pastor in Gainesville, Florida planned to commemorate the September 11 attacks by hosting an "International Burn a Quran Day." On a regular basis, friends and strangers bait me, hoping that as a Jew, I will lash out and rant against Muslims, indulging in a dash of xenophobic backscratching.
We have been down this road before. German-Americans during World War I and Japanese-Americans during World War II tasted the foul byproduct of our patriotism. When will we learn?
On this anniversary, we can serve our country by joining a community service project organized by an unfamiliar church, or synagogue, or mosque. We can attend a new sort of religious service, even if only once. And when an ignorant or confused citizen tosses off a racist or ethnocentric comment, we can share our view of how important diversity is to our nation's fabric. Such a response would serve our country better than the grim, stony silence that prevails all too often in the face of injustice.
Location:
Harrison, NY, USA
Saturday, August 20, 2011
2011.08.20 Weekly Address: Putting Country Ahead of Party
President Obama's bus tour of the Midwest is designed, smartly and necessarily, to inspire Americans, to instill a sense of pride in our country and its future. In his address this week, the President lauds the discipline, integrity, responsibility, creativity, resourcefulness, and determination of regular Americans. We are not the problem, the President says. Rather, politicians in Washington need to live up to our high standard of behavior and whip together a plan to reduce our unemployment and debt.
This may all be true, but as an American myself, I am neither convinced nor inspired - not yet. It's not that I don't trust President Obama as a person, and I do have faith in myself and my fellow citizens. But when the President met with small business owners, what did he see? What, exactly, was he inspired by? Do they have functional, unique business strategies? Are they making use of social media and green technology? Are they producing or marketing local goods?
President Obama, I want to be inspired, and I am willing to be. I was inspired on June 24, when you announced the Advanced Manufacturing Partnership, a program that connects scientists and entrepreneurs to the funding necessary to pursue their ideas. You told me of the brilliant minds at work throughout the nation's top research institutions, and you cited specific examples of their work.
Stale platitudes will not inspire me. It's easy to say that we're hard-working, that we're the greatest country on earth. But to be inspired, I need to hear real stories of contemporary American success. So you met with inspiring small business owners. What did they tell you at your meeting? What are they doing that's so great?
There is one other item that would really inspire me, something that's been missing from political discourse for most of my life. Why doesn't President Obama, or any other national politician, tell us that we're smart? Sometimes politicians say that students and professors and scientists are smart. But never the American people. What if the President said, and believed, that we are the smartest country on earth? That we are honest, hard-working, and intelligent? As an incidental bonus, the President might finally shake the persistent notion that he, himself, is "elitist."
I have a hunch that if our politicians could believe that we are, for the most part, intelligent, discerning, and engaged citizens, we would live up to this promise. Maybe being smart could become cool - not only among schoolchildren, but among business owners, construction workers, and football fans. Maybe we would watch less TV. Maybe we would read the newspaper, try a new book, and encourage our kids to come home not with a B, but an A. Instead, too many Americans remain obstinately ignorant, distrustful of information, feeling hopelessly uninformed. And as a result, we are left prey to unscrupulous politicians who continue to game us with bogus economic theory, indulging our prideful ignorance.
I know that I would be more inspired not only to work hard, but to think hard, if President Obama believed in our country's brainpower. Every day in America, I encounter individuals who are pleased, a little amused, by their own ignorance. Maybe being ignorant would not be as funny if President Obama led our nation to believe that we are smart and thoughtful. Because we are. I am sure of it. But no matter how intelligent we are, it won't do us any good if we don't believe it.
This may all be true, but as an American myself, I am neither convinced nor inspired - not yet. It's not that I don't trust President Obama as a person, and I do have faith in myself and my fellow citizens. But when the President met with small business owners, what did he see? What, exactly, was he inspired by? Do they have functional, unique business strategies? Are they making use of social media and green technology? Are they producing or marketing local goods?
President Obama, I want to be inspired, and I am willing to be. I was inspired on June 24, when you announced the Advanced Manufacturing Partnership, a program that connects scientists and entrepreneurs to the funding necessary to pursue their ideas. You told me of the brilliant minds at work throughout the nation's top research institutions, and you cited specific examples of their work.
Stale platitudes will not inspire me. It's easy to say that we're hard-working, that we're the greatest country on earth. But to be inspired, I need to hear real stories of contemporary American success. So you met with inspiring small business owners. What did they tell you at your meeting? What are they doing that's so great?
There is one other item that would really inspire me, something that's been missing from political discourse for most of my life. Why doesn't President Obama, or any other national politician, tell us that we're smart? Sometimes politicians say that students and professors and scientists are smart. But never the American people. What if the President said, and believed, that we are the smartest country on earth? That we are honest, hard-working, and intelligent? As an incidental bonus, the President might finally shake the persistent notion that he, himself, is "elitist."
I have a hunch that if our politicians could believe that we are, for the most part, intelligent, discerning, and engaged citizens, we would live up to this promise. Maybe being smart could become cool - not only among schoolchildren, but among business owners, construction workers, and football fans. Maybe we would watch less TV. Maybe we would read the newspaper, try a new book, and encourage our kids to come home not with a B, but an A. Instead, too many Americans remain obstinately ignorant, distrustful of information, feeling hopelessly uninformed. And as a result, we are left prey to unscrupulous politicians who continue to game us with bogus economic theory, indulging our prideful ignorance.
I know that I would be more inspired not only to work hard, but to think hard, if President Obama believed in our country's brainpower. Every day in America, I encounter individuals who are pleased, a little amused, by their own ignorance. Maybe being ignorant would not be as funny if President Obama led our nation to believe that we are smart and thoughtful. Because we are. I am sure of it. But no matter how intelligent we are, it won't do us any good if we don't believe it.
tags:
economy,
education,
manufacturing
Location:
Jacksonville, FL, USA
Monday, August 15, 2011
midweek news flash: Berkshire Eagle op-ed
I wrote this op-ed, published by the Berkshire Eagle in today's paper, outlining a plan to maintain Republican solvency and restore functional government. I urge Speaker Boehner to disengage with the Tea Party and lead the GOP towards the center, forcing a party fracture. This maneuver would be both politically savvy and highly convincing to a influential swath of moderate voters.
Saturday, August 13, 2011
2011.08.13 Weekly Address: Putting the American People First
...America voted for divided government, not dysfunctional government...
But, President Obama contends in this week's address, a dysfunctional government we have. And although the President officially disagrees with Standard & Poor's downgrade of the U.S. credit rating, he would surely agree with this one main thrust of the report:
"We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process."
Contentious and fitful. Like children. Or, perhaps more relevantly, like pillars of hubris, swollen with pride, holding the course so as not to appear weak.
As such, in the aftermath of the debt ceiling hoo-ha, Republicans remain adamantly opposed to tax hikes for the rich. This might feel good inside, but the House majority is not doing itself any favors. On the contrary, they have everything to gain by backpedaling, even just a touch. Approval of Congress is at a historic low, and numerous polls (I'll link one example) show that a majority of Americans, even a majority of Republican voters, want the newly-anointed bipartisan "supercommittee" to reach a compromise.
I'm confident that the sooner Republicans stop hollering about "no new taxes," the less silly they will appear. Wouldn't it make sense to count the deficit war as a political victory and move on? After all, they made the President look weak, triggered a credit downgrade which wreaked havoc on the stock market, and took a wonderfully uncompromising stand against taxes. Now would be an ideal time to pick some fresh, new talking points before the public begins to notice the real-world consequences of this round of GOP political bullying. After all, Standard and Poor's has noticed, and they've raised quite the stink. That's sort of like police lights in your rearview mirror. A fair time to pull over, even if you were literally in the middle of saying that you'll never get a speeding ticket.
But the party faithful prattles on. At the Republican presidential debate last night, when asked if they would reject a deal that concedes one dollar of tax increases for every ten dollars of spending cuts, all eight candidates stuck their hands up like a band of crazed teacher's pets. Not a flicker of hesitation.
I understand that in a primary campaign, it is sometimes necessary to appeal to the party base, but I honestly think these people are not helping themselves. The American public can indeed be fooled, and we don't always pay close attention to important, relevant political matters. But when it's this obvious, when politicians repeatedly flout their refusal to compromise, their ideological stasis, for such an extended period of time, few thinking voters will take them seriously. So what are they trying to accomplish?
But, President Obama contends in this week's address, a dysfunctional government we have. And although the President officially disagrees with Standard & Poor's downgrade of the U.S. credit rating, he would surely agree with this one main thrust of the report:
"We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process."
Contentious and fitful. Like children. Or, perhaps more relevantly, like pillars of hubris, swollen with pride, holding the course so as not to appear weak.
As such, in the aftermath of the debt ceiling hoo-ha, Republicans remain adamantly opposed to tax hikes for the rich. This might feel good inside, but the House majority is not doing itself any favors. On the contrary, they have everything to gain by backpedaling, even just a touch. Approval of Congress is at a historic low, and numerous polls (I'll link one example) show that a majority of Americans, even a majority of Republican voters, want the newly-anointed bipartisan "supercommittee" to reach a compromise.
I'm confident that the sooner Republicans stop hollering about "no new taxes," the less silly they will appear. Wouldn't it make sense to count the deficit war as a political victory and move on? After all, they made the President look weak, triggered a credit downgrade which wreaked havoc on the stock market, and took a wonderfully uncompromising stand against taxes. Now would be an ideal time to pick some fresh, new talking points before the public begins to notice the real-world consequences of this round of GOP political bullying. After all, Standard and Poor's has noticed, and they've raised quite the stink. That's sort of like police lights in your rearview mirror. A fair time to pull over, even if you were literally in the middle of saying that you'll never get a speeding ticket.
But the party faithful prattles on. At the Republican presidential debate last night, when asked if they would reject a deal that concedes one dollar of tax increases for every ten dollars of spending cuts, all eight candidates stuck their hands up like a band of crazed teacher's pets. Not a flicker of hesitation.
I understand that in a primary campaign, it is sometimes necessary to appeal to the party base, but I honestly think these people are not helping themselves. The American public can indeed be fooled, and we don't always pay close attention to important, relevant political matters. But when it's this obvious, when politicians repeatedly flout their refusal to compromise, their ideological stasis, for such an extended period of time, few thinking voters will take them seriously. So what are they trying to accomplish?
tags:
budget deficit,
economy,
tax code
Location:
Jacksonville, FL, USA
Sunday, August 7, 2011
2011.08.06 Weekly Address: Getting the Economy Growing Faster
President Obama sketches out a plan to substantially reduce unemployment and reinvigorate the economy in this week's address. To be sure, the President needs a plan. But he does not mention why he is focusing primarily on domestic manucturing, a strategy that, in my opinion, requires a bit of explanation.
Though our international trade deficit is problematic and unsustainable, we are, by no means, obligated to tackle the issue by suddenly becoming a manufacturing nation. Nor is that really possible, to the extent that would be necessary, in the 21st century. Manufacturing jobs disappeared overseas (decades before the current recession) not because of faulty policy or American decline, but because international labor became relatively cheap and plentiful. Today, we can no longer compete with Chinese production of pencils and McDonald's toys - our standards of living are simply too high - and that's OK.
To improve our balance of trade and to reactivate the economy, we need to focus on what we do best in this century. As Tom Friedman has argued, now is the time to be "stapling a green card to the diploma of any foreign student who earns an advanced degree at any U.S. university." The nation's system of higher education is surely one of its greatest assets; we must use it to our advantage in the global competition for talent. In the last decade, our own Silicon Valley has spawned multi-billion dollar companies such as Twitter, Facebook, and Google. These are the U.S. exports of the 21st century, and we can maintain a stronghold in this market by continuing to invest in technology start-ups. And our financial sector, while demonized and reviled, remains a global leader and major contributor to net exports.
The fact is, we need not be ashamed of our Chinese-made pencils, or, for that matter, our Chinese-made iPads. Manufactured goods were an important part of our nation's economic development, but we might best build a future upon eduction, research, financial services, and high-tech design - sectors in which we currently excel.
Though our international trade deficit is problematic and unsustainable, we are, by no means, obligated to tackle the issue by suddenly becoming a manufacturing nation. Nor is that really possible, to the extent that would be necessary, in the 21st century. Manufacturing jobs disappeared overseas (decades before the current recession) not because of faulty policy or American decline, but because international labor became relatively cheap and plentiful. Today, we can no longer compete with Chinese production of pencils and McDonald's toys - our standards of living are simply too high - and that's OK.
To improve our balance of trade and to reactivate the economy, we need to focus on what we do best in this century. As Tom Friedman has argued, now is the time to be "stapling a green card to the diploma of any foreign student who earns an advanced degree at any U.S. university." The nation's system of higher education is surely one of its greatest assets; we must use it to our advantage in the global competition for talent. In the last decade, our own Silicon Valley has spawned multi-billion dollar companies such as Twitter, Facebook, and Google. These are the U.S. exports of the 21st century, and we can maintain a stronghold in this market by continuing to invest in technology start-ups. And our financial sector, while demonized and reviled, remains a global leader and major contributor to net exports.
The fact is, we need not be ashamed of our Chinese-made pencils, or, for that matter, our Chinese-made iPads. Manufactured goods were an important part of our nation's economic development, but we might best build a future upon eduction, research, financial services, and high-tech design - sectors in which we currently excel.
tags:
economy,
manufacturing,
trade deficit
Location:
Jacksonville, FL, USA
Friday, August 5, 2011
midweek comments: stocks are down, jobs are up
There's been some exciting news about the economy over the last 24 hours as stock prices plummet and job growth seems to be picking up. The media is having a blast with sensational graphics and dramatic headlines, but let's hang on to our thinking caps and get a few things straight.
1. Now is a splendid time to buy stocks.
If you can swing it, if you happen to have money you can manage to part with for a while, invest it in Wall Street. Stocks are suddenly a bit cheaper, so gobble them up while you can. Help yourself, help the economy.
2. Unless you're a day trader, today's stock plunge doesn't need to affect you.
Regular people who have invested part of their wealth in stocks have no obligation to sell them on a day like today. In fact, to do so would be exceedingly silly. Those who can stomach the temporary disappearance of wealth and hold onto their horses of impulse will be rewarded later when things return to normal.
3. Things will return to normal (eventually).
Better yet, things will continue to improve after they've returned to normal. Markets go up and markets go down, and all we have to do is wait.
4. The media needs to get a grip before it is too late.
Naturally, the media are inclined to frighten the masses into thinking the economy might never recover. It is a captivating story. But this sort of yellow journalism has a real impact on consumer and investor confidence and, therefore, a chilling effect on economic growth. In the long run, the press is only making things worse for all sectors, including its own, by inspiring fear and reservation in the public.
5. The economy just added 112,000 jobs.
Finally, unemployment is down, if only by a smidge. With stock prices down (read: more affordable) and jobs up, the economy might be able to pick up some real momentum.
We can only wait to see whether these predictions and assessments will hold true. In the meantime, I don't think there is any reason to dismiss optimism entirely and squander opportunities for growth.
1. Now is a splendid time to buy stocks.
If you can swing it, if you happen to have money you can manage to part with for a while, invest it in Wall Street. Stocks are suddenly a bit cheaper, so gobble them up while you can. Help yourself, help the economy.
2. Unless you're a day trader, today's stock plunge doesn't need to affect you.
Regular people who have invested part of their wealth in stocks have no obligation to sell them on a day like today. In fact, to do so would be exceedingly silly. Those who can stomach the temporary disappearance of wealth and hold onto their horses of impulse will be rewarded later when things return to normal.
3. Things will return to normal (eventually).
Better yet, things will continue to improve after they've returned to normal. Markets go up and markets go down, and all we have to do is wait.
4. The media needs to get a grip before it is too late.
Naturally, the media are inclined to frighten the masses into thinking the economy might never recover. It is a captivating story. But this sort of yellow journalism has a real impact on consumer and investor confidence and, therefore, a chilling effect on economic growth. In the long run, the press is only making things worse for all sectors, including its own, by inspiring fear and reservation in the public.
5. The economy just added 112,000 jobs.
Finally, unemployment is down, if only by a smidge. With stock prices down (read: more affordable) and jobs up, the economy might be able to pick up some real momentum.
We can only wait to see whether these predictions and assessments will hold true. In the meantime, I don't think there is any reason to dismiss optimism entirely and squander opportunities for growth.
tags:
economy,
midweek comments
Location:
Jacksonville, FL, USA
Wednesday, August 3, 2011
midweek comments: debt compromise
In the aftermath of Tuesday's debt deal, liberal commentators and members of the Congressional Progressive Caucus are furious at radical Republicans for hijacking the debt debate and forcing President Obama's "surrender." But, as Daniel Markovits writes in his piece, "How the GOP lost on the debt deal," published yesterday in the Los Angeles Times, it's a wonder things didn't end up a whole lot worse for the left, considering the Tea Party's extremist negotiating tactics.
Perhaps most importantly, Republicans can no longer bolster their hand with the ultimate bargaining chip: the threat of default. When a bipartisan commission meets this fall to negotiate further budget cuts, anti-tax hawks will no longer hold the power to shove the economy into the ditch; they will settle instead for indignant sound-bytes and symbolic bluster. Though the President is disappointed that Washington wasn't able to grow up and stitch together a bigger deal, the fact remains that the nation has escaped with Medicare, Medicaid, Social Security, and education grants - the pillars of our social safety net - fully intact.
Perhaps most importantly, Republicans can no longer bolster their hand with the ultimate bargaining chip: the threat of default. When a bipartisan commission meets this fall to negotiate further budget cuts, anti-tax hawks will no longer hold the power to shove the economy into the ditch; they will settle instead for indignant sound-bytes and symbolic bluster. Though the President is disappointed that Washington wasn't able to grow up and stitch together a bigger deal, the fact remains that the nation has escaped with Medicare, Medicaid, Social Security, and education grants - the pillars of our social safety net - fully intact.
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