Paul Waldman

Friday Music Break

Today we're continuing with the '80s nostalgia, for no particular reason. So for this edition of Songs By Scottish Bands With Titles That Include the Band's Name, we have Big Country, with "In a Big Country." As they say in the song, "Ha!"

Yes, We Should Keep Talking about Our Gun Laws

Flickr/Brittany Randolph

When an event like the mass shooting in Colorado happens, it's a fair bet that people on every side will take the opportunity to say, "See? This just reinforces what we've been telling you all along." But that's easier for some than others. I looked around some conservative web sites today to see what their reaction was, and much of it ran to this: Awful liberals are going to use this to push their anti-gun agenda, and they should be ashamed of themselves (see here or here). But is there really anything wrong with taking the events that occur in our country, even horrible ones, and making the connections to our policy and political choices? Isn't that what people who write about politics are supposed to do?

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.

The Rich Really Are Different

Not actually Mitt Romney (image from richkidsofinstagram.tumblr.com)

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 made over $42 million in 2010 and 2011 without doing any actual work. He hasn't held a job in five and a half years, since he left the Massachusetts governor's office. Tens of millions of dollars just keep pouring into his many bank accounts, without him lifting a finger. And of course, he pays a far lower tax rate on all that income than people who work for a living.

But it really seems that Romney has a hard time understanding why that would rankle people.

In the Beginning Was the Word

Flickr/nofrills

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 temporarily semi-nationalized the auto industry, but that worked out well for everyone and saved hundreds of thousands of jobs, so let's not talk about that. Did he make it impossible for wealthy "job creators" to prosper? Hard to make that case, since corporate profits and wealth concentration at the top are near all-time highs—there's never been a better time to be a capitalist overlord. How about that tsunami of initiative-crushing regulation? Well, you can throw out some names of laws that involve regulation—Dodd-Frank, the Affordable Care Act—but if you want to make a strong case that Obama hates capitalism, you'd have to talk about what's actually in those laws, and conservatives don't really like doing that, just as they might rail against the tyranny of the EPA but they don't want to talk much about what exactly it is they find so objectionable about making sure our air and water are clean.

So the linguists on the right say: Don't let the actions distract you. The key to understanding Obama is in the words.

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.

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, without equivocation -- without equivocation -- that this man hates this country"), and one who hates success, hates rich people, and hates capitalism itself. And if you can't find any actual evidence for these propositions—if "Barack Obama hates job creators so much he actually wants to increase the top income tax rate by 4.6 percentage points!" doesn't have quite the ring you'd like—then it isn't hard to find words you can twist around to make your point.

Which brings us to the word "that."

Mitt's Troubles Never End

I'm comin' fer ya, Mitt! (Flickr/akseabird)

It's looking like Mitt Romney might name his VP pick pretty soon, which is probably a good idea given that the release of the pick will result in a few days of positive coverage when the news media is consumed with something other than what Bain Capital did when, or what juicy nuggets might be contained within Romney's hidden tax returns. But there's a downside: once we do get to the Republican convention, the VP nominee will be old news, so the media can pay much more attention to intra-party squabbling. And nobody likes a good squabble more than Sarah Palin. Remember her?

Good Ads and Bad Ads

Vivid evidence of the Romney campaign's skill.

By now you've probably seen the Obama ad that uses Mitt Romney's tender rendition of "America the Beautiful" juxtaposed against information about Romney's extra-national financial activities, including Bain Capital's involvement in outsourcing and the worldwide distribution of Romney's personal accounts. The ad has been praised for its skillful sound design and powerful message, so in attempt to hit back, the Romney campaign countered with its own ad featuring Barack Obama singing.

Unfortunately, the Romney ad is no longer viewable—it has been taken down because of a copyright claim, since Obama is seen singing a line from Al Green's "Let's Stay Together." But it's pretty simple—it shows Obama singing that line, then displays information about Obama allegedly rewarding his political contributors and cronies with government contracts and such, while ignoring the middle class. They obviously put it together quickly, but nevertheless, the difference between the two ads provides an excellent demonstration of what makes some political ads effective and others complete duds. Let's look at some of the differences:

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 and it's important to have smart, knowledgeable people in government to work on them, the presidency is not a technocratic position.

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.

A Few Questions That Would Clear Up This Whole Bain Thing

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 up so we can move on. If I had the chance to interview Romney (just so you know, Governor, the Prospect's doors are always open), I'd ask this:

Friday Music Break

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?

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 released one year's worth (2010), and it turned out to be quite a treasure trove for opposition researchers, over 200 pages of offshore accounts and lightly taxed income. Part of what's so weird about this question is that Romney seems actually to have believed he could get away with not releasing multiple years. Let's take a look back at what he said in a primary debate in January when he was asked whether he'd do what his father did and release multiple years of tax returns:

No, Candidates Don't Have to Lie

Lies lies lies yeah!

We reached some kind of a milestone this week when the Romney campaign decided it would use the word "lie" when complaining about criticisms the Obama campaign is making of the Republican soon-to-be-nominee. It's a word journalists almost never use, since it sounds too judgmental and they know they'll be accused of taking sides, and candidates seldom use, perhaps because it sounds too whiny, I'm not precisely sure. What we do know is that while some candidate are bigger liars than others, no presidential candidate seems capable of getting through a campaign without saying things that aren't true. Conor Friedersdorf asks, "Can anyone become president without lying? Without misrepresenting their opponent? Without using people as a means to an end? I don't think anyone can." The complaints about Barack Obama he cites are more about broken promises, which are different from lies, but I'll grant that Obama has said some things that weren't true. Yet I'd have to disagree.

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