Posts Tagged ‘trade

24
Jul
14

The President’s Day

@petesouza: President Obama greets an enthusiastic customer at Canter’s delicatessen in LA today

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President Obama is introduced by Katrice Mubiru at Los Angeles Trade Technical College

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People cheer and wave as President Obama leaves Canter’s Deli after a surprise appearance to meet with people who wrote him letters

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@petesouza: President Obama acknowledges the crowd after speaking at LA Trade-Technical College

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President Obama leaves Los Angeles en route to Washington

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See the full interview here

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Nerdy’s post from earlier today:

Income Inequality Is A Problem And President Obama Is Tackling It

Obama GOP

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Zachary A. Goldfarb: Don’t Think Obama Has Reduced Inequality? These Numbers Prove That He Has.

Today, the average after-tax income of a member of the top 1 percent of earners is $1.12 million. The average after-tax income of someone in the bottom 20 percent is $13,300. That means the average person at the top takes home 84 times the income that the average person in the bottom takes home. Now, consider what it would be like if none of President Obama’s tax policy changes had happened: not the upper-income tax hikes negotiated at the beginning of last year, not the upper-income tax increases imposed by the Affordable Care Act, not the low-income tax credits enacted in the 2009 stimulus and later renewed.

In this alternative universe, the average member of the top 1 percent would take home $1.2 million, or 6.5 percent more in income, according to a new analysis. The average member of the bottom 20 percent would bring home $13,100, or 1.2 percent less in income. As a result, the average member of the 1 percent would take home 91 times what the average person in the bottom would bring home. If you’ve wondered whether Obama has made any headway at reducing income inequality, here’s evidence that he has. Based on tax policy alone, he has slightly increased the income of the poor and more significantly reduced the income of the rich.

More here

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04
Jul
14

Rise and Shine

On This Day: President Barack Obama and First Lady Michelle Obama watch the fireworks over the National Mall from the roof of the White House, July 4, 2010 (Photo by Pete Souza)

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Today (All Times Eastern)

11:0: The President speaks at a naturalization ceremony for active-duty service members and civilians

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6:0: The President and First Lady attend the “Salute to the Military” July 4th celebration at the White House; the President delivers remarks

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8:10: USO concert for troops and military families featuring recording artist Pitbull

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9:10: Fireworks show on the National Mall

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David Horsey: Unsung Civil Rights Heroes Fought And Died For Our Freedom

On the Fourth of July, as on all national holidays, we are encouraged to think about the men and women who have fought and died for our freedoms; the likes of Washington, Lincoln and all the soldiers who have fought in our wars. This standard roster of heroes is venerable, but it is far from complete. … in 1955, a weary black woman refused to give up the seat she had taken in the white section of a bus in Montgomery, Ala. In 1957, one lone black girl walked into Little Rock’s Central High School amid the jeers of a furious mob.

In 1958, a few young blacks sat down at the whites-only counter at the Dockum Drug Store in Wichita, Kan., and refused to leave. In 1961…. …. Rosa Parks, John Lewis, James Meredith, Fannie Lou Hamer, Andrew Goodman, James Chaney, Michael Schwerner, Medgar Evers and so many others showed bravery as great as that of any soldier. They stood firm, sacrificed and, in many cases, died for our freedom. This Independence Day, think of them and stand in awe.

More here

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Eugene Robinson: This July 4, Governing In The Spirit Of Revenge

As we celebrate the Fourth of July, who can argue that our democracy is working the way the Founders intended? And who can deny that most of the blame for dysfunction must fall to the Republican Party? … Whatever the motivation, Republicans have paralyzed our government in a way that would have shocked and depressed the Founders. Compounding the outrage, Republicans have the temerity to criticize Obama for using his executive powers in the national interest. This is dangerously close to nihilism.

Think about this for a moment. Urgently needed legislation has been passed by the Senate, is supported by the president and has enough votes in the House. Yet it goes nowhere, as chaos on the border worsens and thousands of children remain in limbo. Is this what the Founders had in mind? Today’s Republican Party opposes the Affordable Care Act, so it refuses to work with the Obama administration in legislating technical fixes that would make the law work more smoothly. Is this in any sense patriotic? the GOP cares more about ideology, reelection and opposing Obama’s every initiative than about the well-being of the nation. It is scant comfort, on Independence Day, to remember that the republic has survived worse.

More here

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President Obama’s interview with Marketplace

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Full interview and transcript here

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Danny Vinik: Recovery Summer May Finally Have Arrived Finally, A Jobs Report Routs Expectations

For the past few years, it was like clockwork: A disappointing summer of job growth would give way to a much stronger winter. Economists would hesitantly forecast that the economy was about to kick into second gear. Then the summer would come and the disappointing data would return. But finally, it looks like we are ready to break that trend: The economy added 288,000 jobs in June, soundly beating economists’ expectations of 211,000, and the unemployment rate fell to 6.1 percent.

… Consumers, businesses and investors are all showing renewed confidence in the economy. On Monday, pending home sales hit a four-year high. Automakers also reported surprisingly high sales. Many economists even expect wage growth in the second half of the year. The June jobs report only adds further support for the recovery summer. … There are few commentators on Twitter who parse the jobs report better than economist Justin Wolfers. In recent years, it was often him who urged caution as the economy picked up in the winter and would shoot down any reporters showing too much optimism. But even he couldn’t find anything to be pessimistic about in this jobs report:

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NYT: Hiring Is Strong And Jobless Rate Declines To 6.1%

American companies are finally getting comfortable enough with the economy’s prospects to add new workers at a very healthy pace, after years of saying they lacked the confidence to hire people aggressively during a fitful recovery. Employers added 288,000 jobs in June, the Labor Department said Thursday, the fifth month in a row that hiring has topped the 200,000 mark. The unemployment rate dipped to 6.1 percent last month, the best reading since September 2008, when the collapse of Lehman Brothers turned what had been a mild recession into an economic rout. Factoring in June’s increase and upward revisions for estimated hiring in April and May, employers added an average of 231,000 workers a month in the first half of 2014, the best six-month run since the spring of 2006. “We’re clicking on all cylinders in terms of job growth,” said Dean Maki, chief United States economist at Barclays. Just as significant as the headline figures,

Mr. Maki said, is that June’s hiring was broad-based, as industries as varied as health care, manufacturing, financial services and retailing all added workers. “Every major sector showed job growth in June, including the private service sector, where the bulk of jobs in the U.S. are created,” Mr. Maki said. In an important turnabout, there were encouraging gains not just in well-paid white-collar professions, or in low-wage sectors like retail and restaurants, but also in the vast middle tier of jobs that enable workers to gain a foothold in the middle class. For example, manufacturers hired 16,000 workers, while transportation companies added 17,000 employees and the long-dormant public sector saw an addition of 26,000 positions.

More here

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Sally Kohn: Hobby Lobby: Sex, Lies, And Craft Supplies

“Birth control is cheap.” Hobby Lobby was about four forms of contraception that are not cheap (PDF). Plan B costs $35 to $60. Ella costs around $55. An IUD costs anywhere from $500 to $1,000. As the Notorious RBG (known to some as Ruth Bader Ginsburg) pointed out in her scathing 35-page dissent, “the cost of an IUD is nearly equivalent to a month’s full-time pay for workers earning the minimum wage.” Similarly, for someone making $7 an hour — even if she’s lucky enough to get 40 hours of shifts in a week, which is rare — the cost of Plan B or Ella is roughly 10 percent of her take-home pay before taxes.

“Whatever, Hobby Lobby still covers 14 other kinds of contraception.” Funny thing, it actually provided all 20 until the lawyers behind the Hobby Lobby case contacted the company to see if they wanted to file suit. It was only then that the company discovered its insurance plan covered Plan B, and the two IUDs at issue—and then stopped covering them. And then Hobby Lobby sued the government for making it do something that up until that moment it had been doing on its own. Even today, Hobby Lobby’s 401(k) plan still invests not only in the manufacturers of these forms of birth control but also companies that make drugs used in medical abortions.

More here

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Irin Carmon: Female Justices Issue Searing Dissent Over New Contraceptive Case

The fierce disagreements dividing the Supreme Court over this week’s Hobby Lobby decision were laid bare Thursday in a searing dissent from Justice Sonia Sotomayor, who said the Justices’ decision in a separate contraceptive case “undermines confidence in this institution.” The dissent was signed by all three female Justices. The dissent was in an order to grant an emergency request from Wheaton College, an evangelical college in Illinois. At issue is the “accommodation” the Obama administration worked out for religiously-identified non-profits: Sign a form certifying your objection, and the insurer will provide the coverage directly, without the objecting organization having to pay.

As of now, 122 non-profits have sued, claiming that signing the opt-out form for someone to get contraception violates their religious liberty. “Let me be absolutely clear: I do not doubt that Wheaton genuinely believes that signing the self-certification form is contrary to its religious beliefs,” Sotomayor wrote. “But thinking one’s religious beliefs are substantially burdened … does not make it so.” She added, “Not every sincerely felt ‘burden’ is a ‘substantial’ one, and it is for courts, not litigants, to identify which are.”

More here

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Jeanna Smialek: Trade Gap In U.S. Shrinks More Than Forecast On Record Exports

The trade deficit in the U.S. narrowed more than forecast in May on record exports, signaling a pickup in global growth that will boost American manufacturers. The gap shrank by 5.6 percent, the biggest drop since November, to $44.4 billion from the prior month’s $47 billion, Commerce Department figures showed today in Washington. The median forecast in a Bloomberg survey of 69 economists called for a contraction to $45 billion.

Sales to foreign customers climbed 1 percent on growing demand for autos and parts, petroleum products and aircraft engines. Economic expansions abroad that are gaining traction will probably continue to invigorate demand for American goods. A narrowing deficit would mean trade becomes less of a drag on gross domestic product in the second quarter after the world’s largest economy contracted in the first three months of 2014.

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Lucia Graves: One Big Thing Everyone Is Missing In Hobby Lobby

The ruling is not just about sex, it’s about health. Justice Ruth Bader Ginsburg, in her scathing dissent of the Supreme Court’s 5-4 ruling in the Hobby Lobby case this week, made an important point about women’s health that’s been almost entirely overlooked elsewhere: For many American women, the birth-control pill has nothing to do with controlling births. It’s a life-saving medicine. “The coverage helps safeguard the health of women for whom pregnancy may be hazardous, even life-threatening,” wrote Ginsburg. “And the mandate secures benefits wholly unrelated to pregnancy, preventing certain cancers, menstrual disorders, and pelvic pain.”

The decision, which found that closely held corporations may refuse for religious reasons to cover contraceptives in their health plans, may affect millions of women who suffer from a variety of medical conditions. These women depend on the pill to regulate their hormones and do everything from ease pain to reduce the risk of cancer. These medical benefits have nothing to do with sex or the prevention of pregnancy, which have become the sole focus of political debate around the decision. Even if these women never have sex once in their lives, they need to be on birth control.

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The Nightmare Has Begun. Vote. Vote. Vote.

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ThinkProgress: Missouri Governor Vetoes 72-Hour Abortion Waiting Period: ‘This Is Insulting To Women’

Missouri Gov. Jay Nixon (D) rejected a measure on Wednesday that would have required women to wait three full days before being allowed to have an abortion procedure. His veto prevents Missouri from joining Utah and South Dakota, which are the only two states in the nation that currently have a 72-hour abortion waiting period on the books. But on Wednesday, Nixon explained that he couldn’t approve the bill because it’s unnecessary in light of his state’s existing 24-hour waiting period. “Lengthening the already extensive waiting period serves no demonstrable purpose other than to create emotional and financial hardships for women who have undoubtedly already spent considerable time wrestling with perhaps the most difficult decision they may ever have to make,” the governor said in a statement.

“Expanding the mandatory waiting period presupposes that women are unable to make up their own minds without further government intervention. This is insulting to women, particularly in light of what the law already requires.” Nixon also pointed out the measure demonstrates a “callous disregard” for women’s well being by failing to include an exception for victims of rape and incest — which means that women who become pregnant through those crimes would be put through a potentially emotionally damaging wait before they’re allowed to end the pregnancy. “It victimizes these women by prolonging their grief and their nightmare,” the governor noted.

More here

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Yahoo: Putin Tells Obama He Wants Better Ties, Equal Treatment

President Vladimir Putin called for an improvement in ties between Russia and the United States on Friday in an Independence Day message to Barack Obama, urging Washington to treat Moscow as an equal partner. Relations between the two presidents and countries are at a low ebb following disagreements over the conflicts in Ukraine and Syria, and over human rights, democracy and defence matters.

“The head of the Russian state expressed hope that … ties between the two countries will develop successfully on the basis of pragmatism and equality despite difficulties and disagreements,” the Kremlin said in a statement, outlining a telegram sent to Obama on the July 4 holiday. “Vladimir Putin also highlighted that Russia and the United States, as countries carrying exceptional responsibility for safeguarding international stability and security, should cooperate not only in the interests of their own nations but also the whole world.”

More here

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Good Morning, my fellow Americans. Today, we laugh at the Brits and people who spell words using the letter “u!” :)

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On This Day

Senator Obama laughs with Sasha before speaking at a campaign stop in Des Moines, Iowa on July 4, 2007

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Senator Obama hugs Malia as they watch a Fourth of July parade in Butte, Mont., July 4, 2008

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President Obama kisses a baby while greeting military families at the White House on July 4, 2009 (Photo by Pete Souza)

President Obama and First Lady Michelle Obama greet military families at the White House on July 4, 2009 (Photo by Pete Souza)

President Obama and First Lady Michelle Obama watch the fireworks over the National Mall from the White House on July 4, 2009 (Photo by Pete Souza)

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President Obama and First Lady Michelle Obama pretend to march to music in the Blue Room of the White House, July 4, 2010, before delivering remarks to military families during a Fourth of July celebration (Photo by Pete Souza)

President Obama greets military families gathered for July 4th festivities on the South Lawn of the White House on July 4, 2010

President Obama greets guests during the Fourth of July celebration on the South Lawn of the White House, July 4, 2010 (Photo by Pete Souza)

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A young girl salutes President Obama as he shakes hands along a ropeline with members of the military and their families during the Fourth of July celebration on the South Lawn of the White House, July 4, 2011 (Photo by Pete Souza)

President Obama and First Lady Michelle Obama watch fireworks from the roof of the White House, July 4, 2011 (Photo by Pete Souza)

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President Obama holds a baby while greeting guests during an Independence Day celebration on the South Lawn of the White House, July 4, 2012 (Photo by Pete Souza)

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President Obama and First Lady Michelle Obama watch from the White House roof as fireworks erupt over the National Mall, July 4, 2012 (Photo by Pete Souza)

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President Obama holds a baby as he greets members of the military and their families during a Fourth of July celebration on the White House’s South Lawn, July 4, 2013

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20
Jun
14

The President’s Day

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President Barack Obama meets with New Zealand’s Prime Minister John Key in the Oval Office of the White House in Washington

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David Jackson: Obama: I’d Like To Visit New Zealand

President Obama welcomed New Zealand Prime Minister John Key to the White House on Friday, and said he would like to return the favor soon by visiting New Zealand. “I hear it’s really nice,” Obama said. “We’re going to be working with my scheduler.” One opportunity for a New Zealand visit comes in November, after Obama attends a Group of 20 nations summit in Brisbane, Australia. By that time, Obama is looking for major progress on a 12-nation Asia-Pacific trade deal known as the Trans-Pacific Partnership. Obama and Key appear to have a good relationship. They even played a round of golf together in January while both were vacationing in Hawaii.

More here

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National Security Adviser Susan Rice works in the Oval Office of the White House

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27
Mar
14

Rise and Shine

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President Barack Obama and Pope Francis laugh while exchanging gifts after their meeting at the Vatican

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President Barack Obama shakes hands with Italian President Giorgio Napolitano at Quirinal Palace in Rome

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USA Today: Obama’s Gift To Pope Francis: A Seed Chest

President Obama presented Pope Francis with a custom-made seed chest on Thursday, containing fruit and vegetable seeds used in the White House Garden. The gift was inspired by the pope’s decision to grant public access to the gardens of the Apostolic Palace of Castel Gandolfo, the pope’s summer residence, according to a White House statement. Obama and Pope Francis met for 52 minutes at Vatican City.

Pope Francis, meanwhile, presented the president with a plaque of some kind, and an encyclical. “I will treasure this,” Obama said. “I actually will probably read this (encyclical) in the Oval Office when I’m deeply frustrated. I’m sure it will give me strength and calm me down.” The seed chest from Obama is made from American leather and wood reclaimed from the Basilica of the National Shrine of the Assumption of the Blessed Virgin Mary, one of the oldest Catholic cathedrals built in the United States.

More here

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Jason Millman: Young Adults Signing Up At Higher Rates Off Obamacare Exchanges

A higher rate of young adults and uninsured people are signing up for coverage through a private insurance website as next week’s enrollment deadline approaches, according to information released by the company Tuesday. The enrollment data, issued by eHealthInsurance, provides a snapshot of how some customers are shopping for insurance away from Obamacare exchanges during the law’s first enrollment period. EHealth, a national online insurance broker predating the health care law, operates similar to the Obamacare exchanges, offering customers a selection of health plans from competing insurers.

However, shoppers on eHealth’s website can’t access federal subsidies to help purchase insurance, though the company says it has helped people enroll in subsidy-eligible plans by telephone. Since Jan. 1, about 45 percent of those picking new health plans through eHealth were between 18 and 34 years old, the company says. By comparison, the all-important demographic accounted for 27 percent of signups on Obamacare exchanges the past couple of months. EHealth says its rate of youth enrollment has increased from 39 percent of signups between October and December.The rate of eHealth customers who identified themselves as previously uninsured has also increased since the first three months of the enrollment, the company says. Since January, 51 percent of the website’s shoppers say they were previously uninsured, up from 34 percent between October and December.

More here

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America Blog: They Stole Her Photo, Then Claimed She Hated Obamacare. She Doesn’t

Helene isn’t having the best week. The Texas blogger was visiting Las Vegas for a bachelorette party this past weekend, and woke up on Saturday to find that she’d become the latest anti-Obamacare poster child. The thing is, Helene never signed up for the job. In fact, she told me yesterday that she’s quite happy with the Affordable Care Act (ACA),

and with the “affordable” health care it helped her find. “Not only do I not agree with what the image is portraying,” Helene wrote me, “I actually have Affordable Healthcare!” So, if anything, Helene is an Obamacare success story. But that didn’t stop over 17,000 people on Facebook from sharing an image of her face, posted just days ago, with a caption complaining about Obamacare. To add insult to injury, the people who stole her image couldn’t even spell “conspiracy” right.

More here

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SmartyPants: President Obama’s Speech In Brussels – One Of The Most Important Of His Presidency

One of the things we know from reading about President Obama’s life story is that while he was practicing law in Chicago, he taught classes on the topic of “power.” I’ve always wished that either he or someone who attended one would outline the content of what he taught. Perhaps the President will do that once his second term is over.

He doesn’t tend to speak directly about the topic, but from listening to him refer to it in other contexts, what I’ve deduced is that he embraces the power of partnership as the alternative to our more traditional concept of the power of domination. Today the President began his speech in Brussels with a history lesson on the power of partnership vs the power of domination.

More here

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Paul Krugman: Data As Slogan. Data As Substance

Noah Smith has the definitive piece on what’s wrong, so far, with the new FiveThirtyEight. For all the big talk about data-driven analysis,what it actually delivers is sloppy and casual opining with a bit of data used, as the old saying goes, the way a drunkard uses a lamppost — for support, not illumination.So what would real data-driven reporting look like (beyond what goes on at the sites Noah mentions, and also at the Times)? Well, here’s an example: Charles Gaba’s ACASignups.net.

Gaba, a website developer, realized that nobody was systematically keeping track of enrollment data for Obamacare, and has turned himself into one-stop shopping on the law’s progress. And he really fills a need: when you read news reports on Obamacare, you can tell right away which reporters have been reading Gaba and know what’s happening and which reporters are relying solely on official announcements — or, worse, dueling political spin.

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NYT: Obama Juggles Itinerary In Bid To Ease Tensions Between Two Allies

When President Obama brings together the estranged leaders of Japan and South Korea for a peacemaking session in The Hague on Tuesday evening, it will be the culmination of three months of intense behind-the-scenes American diplomacy. The unusual effort included a phone call from Mr. Obama to Prime Minister Shinzo Abe of Japan; a follow-up lunch that the American ambassador to Japan, Caroline Kennedy, had with Mr. Abe; a decision to put both Tokyo and Seoul on Mr. Obama’s itinerary when he visits Asia next month; and a plan to resolve this neighborhood quarrel on the ultimate neutral ground: a stately Dutch city accustomed to litigating international disputes.

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In this case, Mr. Abe and President Park Geun-hye of South Korea have barely been on speaking terms since coming to power just over a year ago. Their antagonism is complex and deeply personal, rooted in World War II history as well as their own conservative and nationalist political leanings, which make old animosities even harder to overcome. Convinced the two were not going to mend relations on their own, the White House proposed a “trilateral” meeting with Mr. Obama at the nuclear security summit in the Netherlands. The European locale and nonproliferation theme made sense. “It’s a multilateral meeting not in Asia,” said a senior administration official, “and a multilateral meeting about the one thing Japan and South Korea are in agreement on.” Mr. Obama’s participation was critical: In a call on March 6, the president told Mr. Abe he wanted to bring his two allies together. At a lunch that day, Ambassador Kennedy fleshed out the idea.

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Sy Mukherjee: Anti-Obamacare Governor Now Encouraging Residents To Enroll Under Health Law

Wisconsin Gov. Scott Walker (R), an ardent Affordable Care Act critic, is now encouraging residents to transition into new health plans under the very reform law that he once refused to help implement. Walker told the Washington Examiner’s Philip A. Klein that he has instructed state agencies to work with individuals who are transitioning into plans offered on Wisconsin’s Obamacare marketplace. That includes both the previously uninsured and poor residents just above the poverty level who are being siphoned out of the state’s Medicaid program, BadgerCare,

and into private ACA plans under Walker’s conservative alternative to Obamacare’s optional Medicaid expansion.  Just two years ago, Walker was singing a very different tune. He had refused to create a statewide ACA marketplace — thereby also forgoing significant federal funding for Obamacare outreach efforts — and said he wouldn’t lift a finger to help implement the law until the Supreme Court decided the law’s fate. In fact, Wisconsin’s spending on ACA outreach is the lowest in the nation at just 46 cents per capita.

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Bloomberg: WTO Panel Sides With U.S. In Dispute Over China Minerals

The World Trade Organization backed the U.S. in a dispute with China, agreeing that limits on exports of rare-earth elements used in hybrid-car batteries and wind turbines violate trade rules. A Chinese industry group said it regrets the ruling against China. A dispute-settlement panel at the Geneva-based trade arbiter yesterday determined that China, the world’s largest producer of the minerals, didn’t adequately justify imposing export duties and quotas on the goods, as well as the elements tungsten and molybdenum. China’s export limits “have been putting American manufacturers at a disadvantage and preventing full and fair competition,” U.S. Trade Representative Michael Froman told reporters yesterday on a conference call.

The WTO decision follows a 2011 ruling in which the trade arbiter sided with the U.S. in determining that China’s export limits on raw materials for steel and chemical production, such as bauxite, magnesium and zinc, broke trade law. The U.S., the 28-nation EU and Japan in 2012 filed complaints with the WTO, saying that China’s restrictions on exports of rare-earth minerals — a group of 17 chemically similar elements used in electronics, autos, helicopter blades and other goods — disrupted trade flows and caused global prices to jump, in some cases as much as three times as much as what Chinese companies pay.

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Tara Culp-Ressler: Hobby Lobby Inspired New York Lawmakers To Fight To Protect Birth Control In Their State

If the craft chain Hobby Lobby and the furniture company Conestoga Wood Specialties successfully win their Supreme Court challenges, it could open the door to allow businesses across the country to compromise their workers’ access to reproductive health care. In response to that potential future, New York lawmakers are taking the opportunity to reaffirm their state’s commitment to providing insurance coverage for essential preventative health services like birth control.

Earlier this month, New York Sen. Liz Krueger (D) and Assemblymember Ellen Jaffee (D) introduced the so-called “Boss Bill,” which would close a loophole in the state’s existing workplace anti-discrimination laws to protect women’s access to birth control. Under the legislation — which was written in direct response to the multiple lawsuits against the Affordable Care Act’s contraceptive provision — New York’s labor law would be amended to prevent employers from discriminating against workers on the basis of their reproductive health care decisions, even if those employers are trying to cite their religious beliefs.

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Owen Matthews: Sanctions Will Work, All Right. Just Ask The Oligarchs

President Barack Obama, who has supposedly taken the toughest line in condemning Russian President Vladimir Putin’s “aggression,” has merely declared banking sanctions on a dozen Russian businessmen personally close to Putin. But in truth, there’s some deep thinking behind Washington’s sanctions regime, and they could ultimately prove deadly to Putin’s future. The key to the sanctions strategy is to drive a wedge between Putin’s shrinking inner circle and the wider Russian elite. “People aren’t ready to sacrifice their holidays in the Alps and in Antalya for the sake of an idea of a Great State,” says Nina Khrushcheva, a historian at New York City’s New School and a granddaughter of Nikita Khrushchev, the Soviet leader who ceded Crimea to Ukraine in 1954. “That was fine in Stalin’s time, but it’s not fine in Putin’s time.”

In other words, the sanctions are smart because they so precisely target Kremlin insiders and personal friends of Putin—men such as such as billionaire Gennady Timchenko, whose Gunvor company trades most of Russia’s oil and who has major interests in gas pipe-building companies, and Arkady Rotenberg, Putin’s former judo partner, whose construction company hugely benefited from the $50 billion Sochi Olympics. The share prices of companies associated with the sanctioned billionaires have been badly hit, and Visa and Mastercard suspended operations with two banks linked to those on Washington’s list. In other words, Putin has become a liability for Russia’s rich—and they’re getting nervous.It’s easy to see why Putin’s moves worry them. Even without direct personal sanctions, all of Russia’s businesspeople will pay a price for the Crimea annexation in the form of steeply higher borrowing costs. Most international ratings agencies have downgraded Russia’s outlook from stable to negative. The ruble has slid further; capital is fleeing Russia fast.

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Brian Beutler: Republicans Losing It Over New Obamacare Data: Why Their Position Is Collapsing

It’s a complete accident of legislative and administrative history that the fourth anniversary of the Affordable Care Act should fall the week before the end of the law’s first ever, six-month-long open-enrollment period. But it’s a great coincidence for those of us in the business of cutting through all the hyperbole that accompanies each ACA anniversary, because, for the first time since the law passed, there are real data, and real beneficiaries, to hold up against the spin.

And as I’ve been arguing for months now, the GOP’s position on the law can’t actually withstand on-the-ground realities. Case in point: Terri Lynn Land — Michigan’s one-time Republican secretary of state, turned Senate candidate — held a first-ever conference call with reporters to trash the ACA on its fourth birthday. But confronted with the question of what happens to people with preexisting medical conditions if the GOP repeals the law (and thus eliminates the individual mandate) — Land’s press aide, Heather Swift, commandeered the call, and tried to take the whole thing off the record.

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Coral Davenport: Obama Turns To Web To Illustrate The Effects Of A Changing Climate

President Obama wants Americans to see how climate change could deluge or destroy their own backyards — and to make it as easy as opening a web-based app. As part of an effort to make the public see global warming as a tangible and immediate problem, the White House on Wednesday inaugurated a website, climate.data.gov, aimed at turning scientific data about projected droughts and wildfires and the rise in sea levels into eye-catching digital presentations that can be mapped using simple software apps. The project is the brainchild of Mr. Obama’s counselor, John D. Podesta, and the White House science adviser, John P. Holdren.

The effort comes as Mr. Obama prepares to announce a set of aggressive climate change regulations aimed at limiting emissions from coal-fired plants.“Localizing this information gives a sense of how this affects people and spurs action,” Mr. Podesta told a small group of reporters at the White House on Wednesday. “If you’re thinking about this from the perspective of how your local community will be affected, it’s likely to change that question of salience.”

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Sahil Kapur: Kagan Throws Scalia’s Own Religious Liberty Arguments Back In His Face

During oral arguments Tuesday about the validity of Obamacare’s birth control mandate, Justice Elena Kagan cleverly echoed Justice Antonin Scalia’s past warning that religious-based exceptions to neutral laws could lead to “anarchy.” “Your understanding of this law, your interpretation of it, would essentially subject the entire U.S. Code to the highest test in constitutional law, to a compelling interest standard,” she told Paul Clement, the lawyer arguing against the mandate for Hobby Lobby and Conestoga Wood. “So another employer comes in and that employer says, I have a religious objection to sex discrimination laws;

and then another employer comes in, I have a religious objection to minimum wage laws; and then another, family leave; and then another, child labor laws. And all of that is subject to the exact same test which you say is this unbelievably high test, the compelling interest standard with the least restrictive alternative.” Kagan’s remarks might sound familiar to the legally-trained ear. In a 1990 majority opinion in Employment Division v. Smith, Scalia alluded to the same examples of what might happen if religious entities are permitted to claim exemptions from generally applicable laws. He warned that “[a]ny society adopting such a system would be courting anarchy.”

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The Bump: A Message From Michelle Obama For The Bump Moms (Really!)

Back when Barack and I were expecting our first daughter, we were overwhelmed with so many emotions: excitement, wonder, hope… and occasional moments of panic at the prospect of bringing this little person into the world. We had all the usual first-time parent worries: How would we balance the needs of our growing family with the demands of our jobs? How would the stresses of caring for a new baby affect our marriage? Would our little girl be able to tell that we had no idea what we were doing? But there was one thing we never worried about: ensuring that I would have a healthy pregnancy and delivery. That’s because, while we were still struggling to pay off our student loans and pay down our mortgage, we both had jobs that provided health insurance.

So while our finances weren’t perfect, we had the security of knowing that I could get the maternity care I needed. Every mother and every father in this country deserves this kind of peace of mind – and that’s what the Affordable Care Act is all about.Every plan on HealthCare.gov covers maternity care, pediatrician’s visits, preventive care (things like flu shots, mammograms and vaccines for kids), birth control and more. And these plans are affordable – the majority of people without insurance today will be able to get covered for $100 a month or less, and many young adults will be able to get covered for as little as $50 a month. Also, if you’re pregnant now, and you get signed up by March 31st, when your baby is born, you’ll both be covered.

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Greg Sargent: Is Obamacare Repeal Fatigue Setting In?

Views of the ACA remain unfavorable, but the gap is narrowing. The new poll finds that in March, 38 percent viewed the law favorably, versus 46 percent who saw it unfavorably. That’s a substantial narrowing from the 34-50 spread during the dark days of January, and a return almost to where opinion was in September (39-43), before the rollout disaster began. – Support for repeal continues to shrink. Only 18 percent want to repeal the law and not replace it, while all of 11 percent want to repeal and replace it with a GOP alternative — a grand total of 29 percent. Meanwhile, 49 percent want to keep the law and improve it, and another 10 percent want to keep it as is — a total of 59 percent.

Among indys, that keep/improve versus repeal/replace spread is 52-31. Republicans are all alone here, with their spread at 31-58. That overall keep-versus-repeal spread has improved for the law since February (when it was 56-31), and even more so since December and October, suggesting a clear trend. – Crucially, a majority, 53 percent, say they are tired about hearing about the law and want to move on to other issues. Only 42 percent think the Obamacare debate should continue. A majority of independents has had enough (51-45). Even 47 percent of Republicans are done with it. – Most of the ACA’s individual provisions are wildly popular. Virtually every one of them — the Medicaid expansion; the preexisting conditions piece; subsidies for low income people’s coverage – has overwhelming majority support, and all of those are even backed by a majority of Republicans.

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Pope Francis takes a picture with President Barack Obama and his delegation after his meeting at the Vatican with the President

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Jonathan Cohn: John Bohener’s Hypocritical Griping About The Obamacare Deadline Delay. Conservatives’ Real Beef: That People Want To Sign Up

The Obama Administration has made another adjustment to the Affordable Care Act and the critics are making another fuss. The adjustment, first reported (I think) by Amy Lotven for Inside Health Policy, is an extension of the open enrollment period for buying private insurance through the new Obamacare marketplaces. Officially, most people have until March 31 to sign up for a plan. (The exception are people who lose a job or have some other, similar life-altering experience. They can sign up throughout the year.) But on Wednesday, the administration announced that it will be offering some extra time to consumers who don’t finish their applications in time. They’ll be able to use the websites, just like they can now, only they’ll have to check a box attesting to the fact that they started the application process before April 1.

“What the hell is this? A joke?” House Speaker John Boehner said at a press conference. “Another deadline made meaningless. If he hasn’t put enough loopholes in the law already, the administration is now resorting to an honor system to enforce it.”For each one of these extensions or delays, the ultimate question is whether they change the law’s ability to realize its basic goals—which, in this case, means encouraging people to buy new private health plans while maintaining a stable insurance market. Giving people a little extra time to enroll wouldn’t seem to impede this kind of progress. If anything, it would seem to enhance it. And maybe that’s what really bothers some of the law’s fiercer critics.

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Market Watch: Jobless Claims Fall To 4-Month Low Of 311,000

The number of people who applied for U.S. unemployment benefits fell by 10,000 to 311,000 last week to mark the lowest level in four months, the Labor Department said Thursday. Economists surveyed by MarketWatch expected claims to total 320,000 on a seasonally adjusted basis in the week ended March 22. The average of new claims over the past month declined by 9,500 to 317,750. That was the lowest level since last September, when claims fell sharply because of a major errors related to a computer upgrade in California’s system for processing claims. The four-week average is the lowest since 2007 if the reports distorted by California’s computer problems are excluded. The monthly figure smooths out the jumpiness in the weekly report and offers a better look at the underlying trend.

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On This Day:

Presidential candidate Sen. Barack Obama, D-IL, listens to testimony before the Senate Committee on Veterans’ Affairs about the health care needs of returning service members on Capitol Hill in Washington on March 27, 2007

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President Obama makes a point during an interview in the Roosevelt Room of the White House, March 27, 2009 (Photo by Pete Souza)

 President Obama preps with staff in the Cabinet Room of the White House before interviews, March 27, 2009 (Photo by Pete Souza)

President Obama laughs as U.S. Attorney General Eric Holder jokes about his basketball skills during his ceremonial installation at George Washington University on March 27, 2009

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President Obama travels aboard Air Force One en route to Afghanistan, March 27, 2010 (Photo by Pete Souza)

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 First Lady Michelle Obama helps to plant a cherry blossom tree during an event celebrating the centennial anniversary of the 1912 gifts of cherry blossom trees to the United States from Japan, in Washington, D.C. on March 27, 2012

President Obama participates in a bilateral meeting with Prime Minister Yousaf Raza Gillani of Pakistan during the Nuclear Security Summit at the Coex Center in Seoul, Republic of Korea, March 27, 2012 (Photo by Pete Souza)

 President Obama talks with National Security Advisor Tom Donilon during a break in the Nuclear Security Summit at the Coex Center in Seoul, Republic of Korea, March 27, 2012 (Photo by Pete Souza)

President Obama talks with President Viktor Yanukovych of Ukraine during a pull aside at the Nuclear Security Summit at the Coex Center in Seoul, Republic of Korea, March 27, 2012 (Photo by Pete Souza)

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 President Obama watches as Vice President Biden administers the oath of office to Julia Pierson, as she is sworn-in as the new director of the U.S. Secret Service, March. 27, 2013, in the Oval Office

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