Paul Waldman

Paul Waldman is a weekly columnist and senior writer for The American Prospect. He also writes for the Plum Line blog at The Washington Post and The Week and is the author of Being Right is Not Enough: What Progressives Must Learn From Conservative Success.

Recent Articles

Your Guide to "Ending Medicare As We Know It"

Paul Ryan is very sincere.
Yesterday, President Obama went to Florida and told seniors that Mitt Romney wants to end Medicare as we know it, and it appears that this argument (and some related ones) will be a central feature of the Obama campaign's message in the coming days. It's entirely possible, as Jonathan Chait has suggested , that all the Obama campaign's attacks on Romney's finances and record at Bain Capital are the first stage of a two-stage strategy that culminates with an attack on the Ryan budget. Since we'll be talking about this a lot soon, I thought it might be worthwhile to refresh our memories on what this is all about, particularly with regard to Medicare, and how it relates to the current campaign. First: Is it fair to tar Mitt Romney with the Ryan plan? No question. While Romney's own policy proposals are quite a bit more vague than the Ryan plan is, they follow the same contours, and when Romney is asked about the Ryan plan he never hesitates to praise it. When asked about it last month,...

The Rich Really Are Different

Not actually Mitt Romney (image from
In the last couple of years, we've occasionally seen stories where Wall Street types justify their enormous compensation packages by saying they work really, really hard. They stay late, they work weekends, they just keep their noses to the grindstone, and that's why they get paid what they do. Sure, $30 million a year is a lot of money. But the hedge fund manager who made it probably worked 1,000 times harder than the electrician who made $30,000. Right? I thought of those Wall Streeters and their rhetoric about hard work when considering the question of Mitt Romney's tax returns. One of the things we've found out in the whole when-did-Romney-leave-Bain controversy is that even after he retired/went on a leave of absence, he was being paid at least $100,000 a year for doing what he swears was absolutely nothing. That's a lot of money for doing nothing, at least to people like you and me, but remember that to Mitt Romney, it's peanuts. According to the information he has released , he...

In the Beginning Was the Word

I'm beginning to wonder whether Mitt Romney and all of his supporters weren't linguistics majors in college. After all, the thing you choose to study reflects what you think is important. If you major in physics, it's because the laws and operation of the universe are what you find most important. If you major in economics, it's because you find money to be the prime organizing force of human activity. And linguists, like the Republicans of 2012, believe that language is the key to understanding who we are as humans. Here's what I mean. Let's say you wanted to indict not Barack Obama's handling of the economy, but his beliefs about the economy, to get at the very essence of who he is. How would you do it? Some of us would say, we can determine who he is by looking at his actions. If he's a committed Marxist undertaking the dismantling of capitalism, surely we could find the evidence in what he has done. Did he nationalize the steel industry? Well, no. He (and George W. Bush) kind of...

If Only They Knew

If only we could go back in time and get Barack Obama to write a candid book about his youth!
For a long time now, Mitt Romney and the people who work for him have seemed like the reasonable people in the Republican party. That isn't to say that Romney's policies or rhetoric were particularly reasonable, but we all accepted that when he started breathing fire, it was an act. Buffeted by the winds of extremism, he made a bargain with his party's base: I'll pretend to be as crazy as you, and you'll learn to live with me as your nominee. But now, Barack Obama has finally opened the can of whoop-ass on Romney that many of us had long been expecting, and as McKay Coppins reports , both Romney himself and his people don't like it one bit. Their reaction indicates that maybe they were never that different from the Republican base after all. "[Romney] has said Obama's a nice fellow, he's just in over his head," the adviser said. "But I think the governor himself believes this latest round of attacks that have impugned his integrity and accused him of being a felon go so far beyond...

The Meaning of "That"

Barack Obama, out hating America. (White House/Pete Souza)
Mitt Romney is, without doubt, a representative of contemporary capitalism, a spectacularly rich financier who got his money not by making things but by buying and selling companies, exploiting leverage, and a whole bunch of other things folks like you and me will never have the privilege of understanding. So it isn't surprising that this campaign has featured a debate about the nature of our economic system. That debate could be a salutary and educational discussion that leaves us all more informed and aware. Or it could be an occasion for some of the most vile demagoguery you could imagine. Do you need to ask which course it will take? By now, we can all agree that a large portion of the Republican party has created in their minds an imaginary Barack Obama, one who is either a literal or philosophical foreigner (Romney has begun dropping the word "foreign" in as often as he can when discussing Obama), who hates America (here's Rush Limbaugh on Monday : "I think it can now be said,...