In the midst of dealing with the fiscal cliff, Congress passed a one-year extension of the farm bill that eliminated funding for almost every even vaguely innovative agriculture policy and kept in place expensive and outdated subsidies that benefit big agribusiness. From the perspective of anyone interested in making change in America’s farm and food system, it was a disaster.
“There's much isn’t to be happy about with this extension,” David deGennaro, a legislative analyst with the Environmental Working Group, said.
“If you care about conservation, food production, or reforming the farm bill, this is a bad deal,” said Justin Tatham, the Union of Concerned Scientists’ senior Washington representative for food & environment. “It's worse than the status quo.”
Liberals felt rightfully disgruntled with the president's capitulations during fiscal-cliff negotiations. Obama abandoned his hard-line stance that tax rates must be increased on incomes over $250,000. Instead the deal made the Bush tax cuts permanent for the vast majority of the country, with rates only rising for individuals earning over $400,000—hardly a sensible definition of the middle class. Yet as he gave up his leverage on automatic tax hikes, Obama's compromise bill punted the sequestration cuts until March 1 and left the necessary hike of the debt ceiling as a lingering threat for the nihilistic House Republicans to exploit for further cuts to discretionary spending.
In two excellent posts, Elias Isquith at his blog, and Ned Resnikoff at MSNBC argue that the broader welfare state—and not just entitlements—is in a state of retreat, and that this has been helped along by liberals in and outside of Washington, who have accepted austerity as a necessary objective.
It’s been almost two months, but we now have an official tally for the 2012 presidential election. In the end, President Obama won 65.9 million votes—or 51.1 percent—to Mitt Romney’s 60.9 million votes, or 47.2 percent of the vote.
Peggy Noonan is, without doubt, America's most hilariously ridiculous opinion columnist, someone forever pleading that we ignore piffle like "facts" and focus instead on the collective emotions that are bubbling just out of our awareness until she identifies them. But in her column today, she does something that we ought to take note of, because I suspect it will become a common Republican talking point. Noonan asks why Obama is so darn mean to Republicans, and answers the question thusly:
Just after the election, I wrote that the reason conservatives were so worked up about the tragic events in Benghazi was scandal envy; they were livid that the president they despise so much had gone an entire term without a major scandal, so they were desperately grasping for whatever was handy. The response I go from many conservatives was vigorous, including assertions that Benghazi was a far worse scandal than Watergate (that necessitated another post explaining, for those who had apparently forgotten, why Watergate was a big deal). But as President Obama's second term begins, we have to wonder: What's the big Obama administration scandal going to be?
Estimates for December job growth converged at around 150,000 net jobs, and according to today’s report from the Bureau of Labor Statistics, the economy created almost exactly that: 155,000 new jobs, with a steady unemployment rate of 7.8 percent. The revisions show an economy that’s a little stronger than it looks; October was revised to 138,000 jobs from 137,000, and November was revised from 146,000 to 161,000.
Virginia Governor Bob McDonnell obviously wasn't looking for any attention when he certified a set of new regulations last week that could shutter many abortion clinics in the his state. The Republican certified the new requirements on the Friday between Christmas and New Years, and chose to forgo a public announcement about his decision. But low-profile or not, the decision is an scary one for the state's 20 abortion clinics, which now must get to work to comply the 2010 building code for hospitals.
The fiscal deal that raised taxes on the top one percent was a victory only for what it did not do. It did not cut Social Security, Medicare, Medicaid, or other public spending. Unfortunately, it merely put off the next round of jousting over fiscal issues to a time when Republicans will have more leverage.
The last month has not been good to John Boehner. His attempt to circumvent President Obama and gain leverage over congressional Democrats with a “Plan B” on the fiscal cliff was foiled by House Republicans, and when it came time to pass the deal crafted by the Senate, he had to rely on Democratic votes—only 85 members of his conference voted for the agreement.
On top of that, he’s had to worry about power grabs from his right (Eric Cantor), discontent from the membership, and constant criticism from everyone else. Just yesterday, New Jersey governor Chris Christie went on a rampage, attacking the House Speaker for failing to bring a bill offering aid to Hurricane Sandy victims to the floor for a vote.
John Boehner has held on to his job as Speaker of the House for now, mostly because no one ran against him. That may be because none of his Republican colleagues wants that nightmare of a job, or it may be because they want it, but just think biding their time a little longer is the best play. In any case, Boehner now faces the challenge of dealing with a caucus full of nutbars who would happily send the country off all manner of cliffs, fiscal and otherwise, if it meant sticking it to Barack Obama or those mooching 47 percent of Americans they think he represents. And how do you deal with a group like that? Empty symbolic gestures, of course!
Boehner has apparently made it clear to his caucus that he'll no longer participate in one-on-one negotiations with President Obama, letting them know that just like them, he thinks Obama is such a low-down dirty snake that there's no point in even talking to the guy. But can they still talk on the phone? What about texting? If Obama calls Boehner on Skype, can Boehner take the call but turn off his camera so Obama can hear him but not see him?
Income taxes have gone up for the first time in 20 years, but as the Huffington Postreports, only 1 percent of taxpayers are affected:
Forget the 1 percent, the fiscal cliff deal is all about the .7 percent. That’s the slice of Americans who will be affected by Congress’ new definition of “wealthy,” according to a new analysis from the Tax Policy Center, a nonprofit tax research group.
The centerpiece of the deal passed by Congress on Tuesday includes higher income taxes on individuals who make at least $400,000 and couples who make more than $450,000. The tax rate for those groups jumps to 39.6 percent from the current 35 percent.
Yesterday, I complained that political media presents debt reduction as a no-brainer—something we must do, for the sake of our solvency—and not as a choice that may or may not be warranted in the current environment (hint: it’s not). There’s no mystery as to why that’s the case; the major mainstream news outlets are heavily influenced by elite opinion, and elite opinion is dominated by the views of successful businesspeople.