Posts Tagged ‘krugman



26
Jul
13

Rise and Shine

President Obama greets the audience after speaking at the Jacksonville Port, July 25

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Today – all times Eastern

9:30 AM: President Obama departs Joint Base Andrews en route to Camp David where he will will host Cabinet members and their families

7:0: Returns to the White House

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Patheos

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Paul Krugman: Republican Health Care Panic

Leading Republicans appear to be nerving themselves up for another round of attempted fiscal blackmail. With the end of the fiscal year looming, they aren’t offering the kinds of compromises that might produce a deal and avoid a government shutdown …. they’re threatening, once again, to block any rise in the debt ceiling, a move that would damage the U.S. economy and possibly provoke a world financial crisis.

Yet even as Republican politicians seem ready to go on the offensive, there’s a palpable sense of anxiety, even despair, among conservative pundits and analysts. Better-informed people on the right seem, finally, to be facing up to a horrible truth: Health care reform, President Obama’s signature policy achievement, is probably going to work.

And the good news about Obamacare is, I’d argue, what’s driving the Republican Party’s intensified extremism. Successful health reform wouldn’t just be a victory for a president conservatives loathe, it would be an object demonstration of the falseness of right-wing ideology. So Republicans are being driven into a last, desperate effort to head this thing off at the pass……

More here

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Greg Sargent: Even Republicans are openly worried about GOP’s sabotage governing

The notion that GOP sabotage governing tactics could ultimately prove counter-productive and self defeating for the Republican Party is now being increasingly voiced by Republicans themselves.

….. with Republicans hurtling towards another set of crises over the debt limit and funding the government they are openly nervous about the GOP’s continued embrace of its intransigent scorched earth governing posture…

…. More public disunity from Republicans about their tactics – even as Dems remain relatively united behind their insistence that they won’t negotiate over the debt limit and will continue to demand new revenues as part of any budget deal – will only encourage the White House to hold a harder line.

More here

And see Steve Benen: Senate GOPer calls shutdown threat ‘the dumbest idea I’ve ever heard’

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Washington Post: White House hardens stance on budget cuts ahead of showdown with Republicans

Senior White House officials are discussing a budget strategy that could lead to a government shutdown if Republicans continue to demand deeper spending cuts, lawmakers and Democrats familiar with the administration’s thinking said Thursday.

The posture represents a more confrontational approach than that of this spring, when President Obama decided not to escalate a fight over across-the-board reductions known as sequestration in an earlier budget battle with Republicans.

The change in tone has been evident in repeated and little-noticed veto threats over the past few weeks by Obama, who has rarely issued the warnings with such frequency. He has made it clear that he will not sign into law Republican spending bills that slash domestic programs even more deeply than sequestration.

More here

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Steve Benen: Either job creation is the top priority or it isn’t

…. In addition to the voluminous list of documented problems, just over the last few days we’ve gotten a better sense of the ways in which [sequestration cuts are] hurting the military, public schools, parks, and the justice system. The poor and minorities are disproportionately suffering.

Did the political world care about these stories? Not really…. So what made yesterday different? This did:

The nonpartisan Congressional Budget Office on Thursday estimated that keeping the spending cuts from sequestration in place through fiscal 2014 would cost up to 1.6 million jobs …. Canceling the cuts, on the other hand, would yield between 300,000 to 1.6 million new jobs, with the most likely outcome being the addition of 900,000, the CBO said.

More here

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CNN: Organizing for Action, the political advocacy group aligned with President Barack Obama, has turned the hour-long speech the president delivered in Illinois on Wednesday into a 60-second television spot that will air on national cable.

Clips of the president are spliced together with photographs of construction workers, manufacturers, students, and families, all designed to promote the economic message the White House says will be their focus on the coming months.

More here

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Kurt Eichenwald: Zimmerman, Abortion, and Obamacare: 25 Contemplations on Current Events

…. It makes no sense to argue that you support Stand Your Ground and then condemn Trayvon Martin for confronting a guy who was following him. You can’t pick and choose who gets to stand their ground based on a perception of threat. Which is why that law is so obscene.

….. All anti-abortion protesters should be presented, on the spot, with an application to sign up as foster parents. They should also be given the names of children in their area in need of adoptive parents. And if they won’t sign or volunteer, they should shut up.

…. If Obamacare is so awful, why do conservatives have to lie so much about what it really does? (See death panels, government takeover of health care, preventing folks from choosing their own doctors, and pretty much anything any Republican has said about the program over the last few years.)

…. The fact that some folks learned something in school does not make them elitist. It makes them educated.

Full post here – must-read!

Twitter: @kurteichenwald

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Steve Benen: What ‘conservatives gone wild’ looks like in North Carolina

….. [In North Carolina} .... the most sweeping voter-suppression efforts seen anywhere in the United States in generations ..... the proposal is remarkable in its scope, including a needlessly discriminatory voter-ID provision, new limits on early voting, blocks on voter-registration drive, restrictions on extended voting times to ease long lines, an end to same-day registration, new efforts to discourage youth voting, and expanded opportunities for "vigilante poll-watchers to challenge eligible voters."

How many North Carolina Republican lawmakers supported these suppression tactics for no apparent reason? Each and every one of them.....

More here

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President Obama winks as he speaks at an Iftar dinner celebrating Ramadan in the State Dining Room of the White House, July 25

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Ratchet-Ass Lawyer (The Week in Blackness): Drone Policy Is the Most Important Racism

Salon’s arc of fail last week began with David Sirota’s meditation that “we are all targets now,” which spawned a minor revolution on social media and inspired TWiB Prime to break its hiatus for the “This Motherfucker Right Here Hour.” Now, Cornel West, among many others, has repeated the parallel, alleging that Obama is a “global George Zimmerman” because the Administration has sanctioned the use of drones for targeted killing in Yemen and elsewhere.

The strange essence of the critique is that Obama is a hypocrite for publicly, personally identifying with one murdered Black boy while the Administration’s foreign policy justifies the murders of innocent brown people abroad. This inappropriate parallel between Obama and Zimmerman erases the suffering of Black people and other marginalized groups in America, allows white men to co-opt the conversation while claiming that they are anti-racist, ignores crucial differences between vigilante justice and foreign policy, and requires Obama to be superhuman to maintain authority.

There are several incidents of privilege-blindness among the mostly white male drone-obsessed elite….

More here

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You can donate to Wendy Davis’ campaign here

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Dallas News: In Washington, Wendy Davis represents a progressive Texas

It was her stance on abortions that carried Texas Sen. Wendy Davis into the national spotlight, but it wasn’t the reason behind Thursday’s trip to Washington.

A more progressive Texas, not abortion, was the focus of Davis’s trip, which included two fundraisers and multiple meetings with members of Congress and local groups,

“People all across Texas are starting to stand and see that basic Texas values are being abused and abandoned by state leaders,” she told a group of 400, who paid between $25 and $250 to crowd into a bar on Thursday evening to hear Davis speak.

“Those weren’t just Democrats assembled to complain about Republicans,” she said referring to the hundreds who flooded the Texas capitol building last month during her filibuster. “They were Texans.”

More here

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NYT: The Gun Lobby Takes Vengeful Aim

One welcome surprise in gun safety occurred this year in Colorado, where the Democratic-led Legislature dared to defy the gun lobby and mandated universal background checks on firearm sales and 15-round limits on ammunition magazines.

The ink was barely dry, however, before the National Rifle Association was vindictively pressing for recall votes against two supporters of the stronger law….

The recall vote, set for Sept. 10, could hardly be more important as a barometer of whether the public, which repeatedly registers support for tougher gun controls in surveys, will show up at the ballot to defend politicians who bucked the gun lobby.

Full editorial here

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USA Today: Obama’s Fed pick: Yellen or Summers?

An intense, behind-the-scenes battle is going on for one of the world’s most powerful jobs: Chairman of the Federal Reserve. Backers of two major candidates – current Fed member Janet Yellen and former Treasury Secretary Larry Summers – are busy lobbying the only voter who counts in this type of campaign: President Obama.

Yellen is the Fed’s vice chair and has helped develop the policies of current chairman Ben Bernanke – a point made by both supporters and critics. Bernanke is expected to retire when his term expires in January.

Senate Democrats are circulating a petition in support of Yellen, and House Democratic leader Nancy Pelosi endorsed her in an interview with Bloomberg Television.

More here

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OFA

OFA fellows are fired up and ready for you to join them

Organizing for Action is looking for passionate new leaders who are interested in tackling our country’s big issues for our OFA Fall Fellowship program. This three-month volunteer program is explicitly designed to train the next generation of OFA leaders – if that sounds like you, you can apply today.

Fall Fellows will be working on important issues affecting our country—from protecting Obamacare, to combating climate change, to passing comprehensive immigration reform, Fellows do work that matters every single day.

More here

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On this day…..

President Obama laughs with Health and Human Services Secretary Kathleen Sebelius following the official Cabinet group photo in the Grand Foyer of the White House, July 26, 2012. Pictured, from left, are: Energy Secretary Steven Chu; Transportation Secretary Ray LaHood; Education Secretary Arne Duncan; and Attorney General Eric Holder (Photo by Pete Souza)

President Obama with Vice President Joe Biden and Chief of Staff Jack Lew in the Oval Office, July 26, 2012 (Photo by Pete Souza)

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MooooOOOOoooorning!

PS

Pete Souza: Just ran into Bo on the colonnade

22
Jul
13

Rise and Shine

A year ago: “The President hugs Stephanie Davies, who helped her friend, Allie Young, left, stay alive after she was shot during the movie theater shootings in Aurora, Colo. The President visited patients and family members affected by the shootings at the University of Colorado Hospital. Photo by Pete Souza, July 22, 2012

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The Week Ahead:

Today:

3:0: The President meets with Secretary of State Kerry

7:25: Delivers remarks at an Organizing for Action event, Mandarin Oriental Hotel, Washington, DC (Open Press)

8:10: Delivers remarks and answers questions at an Organizing for Action dinner, Mandarin Oriental Hotel (Print Pool for Remarks Only)

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Tuesday: The President will welcome NCAA Champion Louisville Cardinals to the White House to honor the team and their 2013 NCAA Men’s Basketball Championship

Wednesday: He will travel to Galesburg, Illinois and Warrensburg, Missouri for events on the economy

Thursday: He will welcome President Truong Tan Sang of Vietnam to the White House. In the afternoon, the President will travel to Jacksonville, Florida for an event on the economy. On Thursday evening, he will host an Iftar dinner celebrating Ramadan at the White House

Friday: The President will attend meetings at the White House.

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Time: Drawing renewed attention to the economy, President Barack Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency.

The address Wednesday at Knox College in Galesburg, Ill., will be the first in a new series of economic speeches that White House aides say Obama intends to deliver over the next several weeks ahead of key budget deadlines in the fall. A new fiscal year begins in October, and the government will soon hit its borrowing limit.

…. The president will also speak Wednesday at the University of Central Missouri in Warrensburg, Mo.

More here – and more at the NYT

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AP: Survey: Brighter U.S. Economic Outlook Boosts Hiring

Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists.

Nearly one-third of the economists surveyed said their companies added jobs in the April-June quarter …. That’s the highest percentage in nearly two years. And 39 percent expect their firms will hire more in the next six months. That’s near the two-year high of 40 percent reached in the January-March quarter.

…. Optimism about future economic growth increased. Nearly three-quarters of the survey respondents forecast growth of 2.1 percent or more over the next 12 months. That’s up from two-thirds in the first quarter survey, released in April, and the most in a year.

More here

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OFA

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ThinkProgress: No, Obamacare Won’t Raise Insurance Premiums In Indiana By 72 Percent

On Friday, the Indiana Department of Insurance announced that initial rates submitted by individual health plan providers for the state’s Obamacare insurance marketplace would cost 72 percent more than currently available plans …. Gov. Mike Pence’s (R) administration was quick to use the figures to criticize the health law….

The problem is, the Department of Insurance didn’t really release “data” in the plural — it released a single data point. The $570 per month figure is the average of all of the submitted rates, including cheaper plans with less benefits (so-called “Bronze” and “Silver” level plans) as well as the more generous and expensive “Gold” and “Platinum” level plans. That’s like saying the average cost of a car in an Indiana dealership is $100,000 because it sells $20,000 Fords, $60,000 BMWs, and $220,000 Lamborghinis — technically true, but highly misleading.

More here

And see Jonathan Cohn – ‘Hoosier Hustle? Another Dubious Attack on Obamacare’

Also too – ThinkProgress: Tea Party Senator Concedes Defeat: We Won’t Be Able To Fully Repeal Obamacare

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USA Today: Vice President Biden is off on a six-day trade and diplomatic trip to India and Singapore.

…. The vice president and his wife Dr Jill Biden land Monday in New Dehli; they will travel to Mumbai later this week …. they arrive Thursday in Singapore…

… The Bidens will stop in Hawaii on their way back to the United States; they return to Washington on Sunday.

More here

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Continue reading ‘Rise and Shine’

18
Jul
13

Rise and Shine

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First Lady Michelle Obama talks with children attending Camp Noah as they make trail mix at the McAlpine Park Recreation Center in Birmingham, Ala., July 18, 2012 (Photo by Chuck Kennedy)

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Presidential Daily Schedule (All Times Eastern)

11:25: The President delivers a statement on the Affordable Care Act

12:25: First Lady Michelle Obama, Rahm Emanuel and Amy Rule visit Urban Alliance Chicago

3:0: The President participates in an Ambassador Credentialing Ceremony (closed press)

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Steve Benen: Jobless claims show sharp improvement, reach three-month low

Last week’s report on initial unemployment claims was unexpectedly discouraging, making the good news this morning that more reassuring.

The number of people who applied for regular state unemployment-insurance benefits dropped 24,000 to 334,000 in the week that ended July 13, hitting the lowest level of new claims since early May, signaling a slower pace of layoffs, the U.S. Department of Labor reported Thursday. Economists polled by MarketWatch had expected initial claims to fall to 341,000 from an original estimate of 360,000 in the prior week. However, it’s difficult to precisely measure claims this month because of distortions from events such as annual auto plant shutdowns and the July 4 holiday, they said…. The four-week average of initial claims, a less volatile gauge, declined 5,250 to 346,000.

More here

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Philip Bump: Those of you who are old enough may remember a time when Barack Obama was plagued with scandal. “Scandal politics sweep Capitol Hill,” Politico yelped. The suffix “-gate” was added to various words. So what happened to the scandals? For the most part, they’ve been hollowed out. The scandal: Benghazi. What it was: The death of four Americans at a diplomatic (read: CIA) outpost in the Libyan city of Benghazi last September 11th bubbled for a while. The release of emails suggesting a cover-up kicked conspiracy theories into high gear.

How real it was in the first place: Not very. Current status: Last rites administered Those emails reported by ABC News were only part of the story. The White House released the full email chain, making it clear that the administration’s involvement in drafting a set of post-attack talking points wasn’t what opponents suggested. (We even declared the scandal dead the same week.)

More here

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President Barack Obama meets with senior advisors in the Oval Office before a phone call with President Vladimir Putin of Russia, July 18, 2012. Pictured, from left, are: Chris Mizelle, Director for Russia and Central Asia, NSS; National Security Advisor Tom Donilon; Chief of Staff Jack Lew; and Denis McDonough, Deputy National Security Advisor. (Official White House Photo by Pete Souza)

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Paul Krugman: Obamacare Is the Right’s Worst Nightmare

News from New York: it looks as if insurance premiums on the individual market are going to plunge thanks to Obamacare. This shouldn’t come as a surprise; in fact, the New York experience perfectly illustrates why Obamacare had to look the way it does. And it also illustrates why conservatives should be terrified about this legislation, as it takes effect. Americans may have had a lot of misgivings in advance, thanks to vast, deliberately spread misinformation. But I agree with Matt Yglesias — unless the GOP finds even more ways to sabotage the plan, this thing is going to work, it’s going to be extremely popular, and it’s going to wreak havoc with conservative ideology.

Conservatives are right to be hysterical about this: it’s an attack on everything they believe — and it’s going to make Americans’ lives better. What could be worse?

Full post here

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Abby Ohlheiser: House Republicans followed up on the Obama administration’s decision to delay the implementation of the employer mandate for one year by voting to make that decision a law, and to extend that delay to all individuals, too. It’s a more limited protest vote than what we’re used to seeing from the House GOP on Obamacare: There have been 38 legislative attempts to revoke either all or part of the health care reform law since 2011.

On Wednesday, both votes to delay passed easily: 264 – 161 for the employer mandate, and 251 – 174 for the individual mandate. They will not become law: President Obama would veto both bills if they made it to his desk.

More here

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Sen. Elizabeth Warren embraces Richard Cordray following a statement by President Barack Obama on Cordray’s confirmation as director of the Consumer Financial Protection Bureau, July 17

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Happy 95th Birthday Nelson Mandela!

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Continue reading ‘Rise and Shine’




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