Paul Waldman

Paul Waldman is the Prospect's daily blogger and senior writer. He also blogs for the Plum Line at the Washington Post, and is the author of Being Right is Not Enough: What Progressives Must Learn From Conservative Success.

Recent Articles

Why "Knowing How the Economy Works" Is Not Enough

George W. Bush has the answers.
This week will see the release of The 4% Solution: Unleashing the Economic Growth America Needs , a collection of essays from the George W. Bush Institute with a forward by the former president himself. It's true that annual GDP growth never actually reached 4 percent during Bush's two terms in office and averaged only 2.4 percent even if we generously exclude the disastrous year of 2008. But look at it this way: Who knows more about what the president ought to do about the economy than Dubya does? After all, there's only one living American (Bill Clinton) with as much experience being president, so Bush must have the answers we need. A ridiculous argument? Of course. That's because experience only gets you so far. It's obviously a good thing, all else being equal, for the president to know a lot about the economy, just as it's a good thing for him to know a lot about foreign affairs or domestic policy. But the truth is that although the government has to solve many practical problems...

Faster, Higher, Stronger, More Refreshing, and Dandruff-Free

I'm fairly certain that is not the American flag.
In these contentious and polarized times, it warms the heart to see that every once in a while Republicans and Democrats can join together to engage in some meaningless bombasticism. So it was when last week it was revealed that the uniforms Ralph Lauren designed for the American Olympic team to wear at the opening and closing ceremonies were sewn in China. Politicians in both parties rushed to the cameras to shake their fists and bare their teeth in defense of American textile producers, of which there are vanishingly few anymore. But what I saw no politician complaining about was the fact that the uniforms feature a gigantic corporate logo, Lauren's polo player, on the left breast pocket. You'd think that upon seeing the design, someone on the Olympic committee would have said to the company, "Hey, we love the uniforms, but I think we'll lose the logo, mmmkay? You're already getting millions in free publicity out of this, so don't push it." But I guess no one said that. Even though...

A Few Questions That Would Clear Up This Whole Bain Thing

Mitt Romney subjects America to the horror of his singing.
The question of when exactly Mitt Romney "left" Bain Capital may not be the most trivial campaign controversy in history (it certainly has more importance than the dozens of "My opponent said something that when taken out of context sounds troubling!" kerfuffles we have to suffer through every four years), but when it has gotten to the point that we're checking the Wayback Machine to see if Romney was listed on Bain Capital's website in 2000, we're drifting far away from the reasons this is supposed to matter. Just to remind you, Romney's departure date tells us whether he is an honest job-creating business leader (1999), or a rapacious job-destroying vulture capitalist (2002). I was hoping that the five interviews Romney did with the TV networks on Friday might clear this up, but unfortunately they focused on things like whether Barack Obama's campaign representatives are super-meanies for how they're criticizing Romney. But a couple of simple questions might clear this whole thing...

Friday Music Break

"I Don't Like Mondays"
For today's edition of Pretty Songs About Schoolyard Massacres Sung By An Irish Guy Inexplicably Wearing a Bolo Tie, we have the Boomtown Rats with 1979's "I Don't Like Mondays." It may be the only #1 U.K. hit to mention a telex machine, which for you kids out there was basically halfway between the telegraph and the fax. If you're interested in the background on the schoolyard massacre, here's that story .

What's in Mitt Romney's Tax Returns?

Mitt Romney delivers fake, uncomfortable laugh at being asked about his tax returns.
To a certain degree, all this back-and-forth over precisely when Mitt Romney left Bain Capital is an argument about almost nothing. We might reasonably ask, what does it matter? The Romney campaign thought it mattered when they insisted that Romney wasn't part of the firm when it was doing stuff he was being criticized for, like shutting down factories and laying off workers. The Obama campaign thought it mattered when they wanted to make those charges in the first place, and now that they want to keep Romney on the defensive and stretch this story out longer by focusing on things like who Romney was deceiving when he attested on various documents that he either was or wasn't still in charge of Bain during the period between 1999 and 2002. But if we settled this argument once and for all (and don't worry, we won't), would it change much? Not really. Nevertheless, this whole thing is only going to increase the pressure on Romney to release more tax returns. During the primaries, he...

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