Despite the daily drumbeat of news coverage parsing every statement that comes out of Congress, there has been minimal progress toward a deal to avert the tax increases and spending cuts that will be triggered on January 1. Save a handful of possible apostates who have critiqued Grover Norquist's no-tax pledge, the Republican bloc has largely refused to contemplate any rate increases for the top tax bracket. Obama has all the leverage. All of the Bush tax cuts expire at the start of 2013; should that happen, the president can (correctly) accuse Republicans of grandstanding against middle-class tax cuts only to spare the upper echelon from paying a tax rate of 39.6 percent instead of the current 35 percent.
The next generation of Republican leaders has cast aside Mitt Romney as they jockey for position as the eminences of the party. The man who just last month Republicans had hoped would become president is persona non grata—and if that wasn't already clear, last night his former running mate Paul Ryan left no doubt with his reference to Romney's "47 percent" fiasco. "Both parties tend to divide Americans into ‘our voters’ and ‘their voters,’” Ryan said at the Jack Kemp Foundation awards dinner in Washington. “Let’s be really clear: Republicans must steer very clear of that trap.
Republican elites have been pushing the party to moderate its image in order to stave off losses as the national electorate becomes increasingly diverse. But all the preening is unlikely to amount to substantive change. Sure, Republicans can talk about softening their tone against undocumented workers, or agree to hypothetical tax hikes, but when it comes down to it, they are still indebted to the right-wing base.
Mitt Romney has been as elusive as Bigfoot since he lost three weeks ago, blurry photos and all. But on Thursday he emerged from the shadows. After six long years of running for president, Romney finally waltzed into the Oval Office to lunch with re-elected President Obama. Over white turkey chili and Southwestern chicken salad, the two former opponents spoke for an hour. According to a press release from the White House, they discussed "America's leadership in the world and the importance of maintaining that leadership position in the future." And, like true frenemies, "they pledged to stay in touch."
Republicans might deny most forms of science, but after this past election, they at least recognize polling realities. The demographic trajectory of the country spells doom for the GOP in future national elections, unless they figure out a way to buck the trend and appeal to groups beyond white voters. For now, the new emerging majority strongly favors Democrats. Young voters? Check. Among voters under the age of 30, Obama won 60-37 percent. Hispanics? Voted for Obama 71-27 percent and turned out in record numbers. As South Carolina Senator Lindsey Graham described his party's predicament earlier this year, “We’re not generating enough angry white guys to stay in business for the long term.”