Posts Tagged ‘Obama’

The truth about President Obama’s budget

February 5, 2015

I like to write good things to write about President Obama.  It helps me to convince myself that I am a fair-minded person, and also convince my friends, most of whom are supporters of the President.

But usually when I do, it turns out there is a catch.  I feel as if I were Charlie Brown in the comic strip once again trusting Lucy to hold the football so he can kick it.

I wrote a post the other day praising the President for budget proposals, which contained some modest tax increases on the upper income brackets and some modest benefits from working people.

But now I realize I missed important parts—more spending for the military, tax reductions for the rich and cuts to Medicare.

Andre Demon, writing for the World Socialist Web Site, pointed out:

Obama’s budget proposal would increase Pentagon spending by 7 percent, adding an additional $38 billion to bring the total defense budget to $534 billion. 

Obama is separately proposing $51 billion in additional funding for the wars in Iraq and Syria, including money to back the so-called “moderate” opposition in Syria, as well for as the ongoing US troop presence in Afghanistan.

Newsweek - Obama - The Democrats ReaganThe budget calls for the corporate tax rate to be cut to 25 percent for manufacturers and 28 percent for other corporations, down from the current rate of 35 percent.

The proposal would also allow US corporations to repatriate past profits generated overseas at a tax rate of only 14 percent.  Foreign profits would be taxed at 19 percent in the future. 

Currently, US corporations pay a rate of 35 percent on foreign profits, which many corporations avoid by keeping their foreign earnings abroad.

These tax cuts are accompanied by $400 billion in cuts to Medicare, Medicaid and the Department of Health and Human Services. 

The budget proposes to raise $66 billion over ten years by charging higher Medicare premiums to upper-income patients, a move that would undermine Medicare’s status as a universal entitlement and open the door to means testing and the transformation of the government health insurance program for seniors into a poverty program.

The plan would cut another “$116 billion in Medicare payments to drug companies for medicines prescribed for low-income patients,” according to the New York Times. 

It would also slash $100 billion for the treatment of Medicare patients following their discharge from the hospital, affecting primarily the elderly.

via World Socialist Web Site.

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Why were Democrats AWOL on minimum wage?

January 26, 2015

President Obama in his 2013 State of the Union message proposed tying the minimum wage to the rate of inflation.

A blogger named Jamison Foser pointed out that the Democrats, who had a majority in the Senate, did not introduce any legislation in 2014 to accomplish that.

minimum_wage_onpagePresident Obama in his 2014 State of the Union message proposed an increase in the minimum wage.

Foser pointed out that the Democrats, who still had a majority in the Senate, introduced a bill in April to raise the minimum wage and, when it failed, they did not try again.

The Republicans who controlled the House of Representatives meanwhile passed bill after bill to repeal Obamacare.

Pundits ridiculed them for this, but in the 2014 elections, the Obamacare mess was a much bigger issue for voters than minimum wage.  Some states that passed referendums to increase the minimum wage still voted Republican.

This is a failure of the whole Washington leadership of the Democratic Party.

What good are politicians who won’t fight for the public good even when it’s popular?

LINK

After the State of the Union by Jamison Foser.  Hat tip to Mike the Mad Biologist.

Obama’s tax plan: Better now than never

January 19, 2015

When Barack Obama ran for President, he promised lower taxes on the American middle class and higher taxes on the super-rich.  Public opinion polls show most Americans favor this.

Barack_Obama_Hope_posterNow, in the seventh year of his Presidency, Obama has a new tax plan that will do just that—reduce taxes by $175 billion on working people and increase taxes by $320 billion mainly on holders of financial assets.

It’s not a radical plan, but it’s almost certain to be opposed by Republicans in Congress, and that will make a good campaign issue for Democrats in 2016.

The cynic in me wonders why the President didn’t introduce this in 2009 when Democrats had majorities in both houses of Congress, and there was some possibility it would be enacted.

But the pragmatist in me thinks it is a good thing to get politicians and the public talking about tax justice even if it doesn’t result in legislation on the first try.

∞∞∞

President Obama finally has his Piketty moment by Matt O’Brien for the Washington Post.  Hat tip to Cannonfire.

Five things about Barack Obama’s Robin Hood tax plan by Brian Faler for Politico.

Which side are they on?

December 9, 2014

The Republican Party leadership is explicitly anti-union because they recognize that unions are a key support for the Democratic Party and a key opponent of the right-wing corporate agenda.

It would seem logical to think that President Obama and the Democratic leaders would defend organized labor, one of the pillars of their party, but they don’t.

RTW_protestAs Thomas Edsall pointed out in his New York Times column, the Democratic leadership has been not only indifferent to labor’s goals, but sometimes actively hostile.

Republicans such as Scott Walker and Chris Christie have persuaded the public that low wages, job insecurity and lack of benefits are normal, and that a policeman who gets a pension enjoys an unfair privilege at the public expense.

Democratic leaders do little or nothing to counteract this.

The problem is not that Obama, Harry Reid, Nancy Pelosi or the other Democratic leaders are naive or weak, or that the Republicans are obstructionist (they are, but that’s not the problem).

The problem is that the goals of the Democratic leaders are different from what they say and from what their core supporters want.

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My problem with President Obama

November 3, 2014

My problem with President Obama is not that he is ineffective in accomplishing good things.

My problem with President Obama is that he is proactive in doing bad things.

 

Paul Krugman’s defense of President Obama

October 15, 2014

I started reading Paul Krugman’s column in the New York Times during the Bush-Cheney administration, and quickly came to respect him for his incisive and fearless criticism of the administration’s policies.  He didn’t have any insider knowledge—just a willingness to look at the facts and state the obvious.

I don’t read his column regularly any more—partly because the New York Times has gone behind a pay wall and I’m not a subscriber.

Paul Krugman

Paul Krugman

Recently he wrote a long article entitled In Defense of Obama for Rolling Stone magazine, which, to me, is an example of how progressives have come to think of peace and prosperity as unattainable ideals.

I think it is worth discussing in some detail, but I first want to mention the way Krugman framed his argument.  He wrote that “the left” did not get all it wanted, like somebody going to a restaurant and not finding everything they like on the menu.

For me, it is not a question of the degree to which you satisfy the desires of “the left” and “the right”.  It is a question of whether the USA can halt its descent into authoritarianism, militarism and oligarchy before it is too late.  Obama, in my opinion, has not done this.  In my opinion, he has not even tried.

I know this language sounds exaggerated.  I don’t think it is and, if you follow this web log, you will see the reasons why I think so.

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Now, Krugman on health insurance reform and the Affordable Care Act.

We won’t have the full data on 2014 until next year’s census report, but multiple independent surveys show a sharp drop in the number of Americans without health insurance, probably around 10 million, a number certain to grow greatly over the next two years as more people realize that the program is available and penalties for failure to sign up increase.

Democrat Lady and Her Republican FriendIt’s true that the Affordable Care Act will still leave millions of people in America uninsured. For one thing, it was never intended to cover undocumented immigrants, who are counted in standard measures of the uninsured. Furthermore, millions of low-income Americans will slip into the loophole [Chief Justice John] Roberts created: They were supposed to be covered by a federally funded expansion of Medicaid, but some states are blocking that expansion out of sheer spite. 

obamacare&alternativeFinally, unlike Social Security and Medicare, for which almost everyone is automatically eligible, Obamacare requires beneficiaries to prove their eligibility for Medicaid or choose and then pay for a subsidized private plan. Inevitably, some people will fall through the cracks.

Still, Obamacare means a huge improvement in the quality of life for tens of millions of Americans – not just better care, but greater financial security.  And even those who were already insured have gained both security and freedom, because they now have a guarantee of coverage if they lose or change jobs.

tomTomorrow-20090804What about the costs?  Here, too, the news is better than anyone expected. In 2014, premiums on the insurance policies offered through the Obamacare exchanges were well below those originally projected by the Congressional Budget Office, and the available data indicates a mix of modest increases and actual reductions for 2015 – which is very good in a sector where premiums normally increase five percent or more each year.  More broadly, overall health spending has slowed substantially, with the cost-control features of the ACA probably deserving some of the credit.  [snip]

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The passing scene: Links & comments 9/30/14

September 30, 2014

Bernie Sanders: Longterm Democratic strategy is “pathetic”, an interview by Thomas Frank for Salon.

Senator Bernie Sanders, an independent from Vermont, said the Democratic Party is too beholden to big-money donors to do anything meaningful for working people.  Instead Democrats pin their hopes on social issues, demographic changes and fear of Republican extremism.

Sanders told Thomas Frank that nothing is going to change until there is a political awakening in this country as to the power of big money and the need to overthrow it.

Obama’s Long Battle to Cut Social Security Benefits by Eric Zuesse for Washington’s Blog.

President Obama throughout his term of office has tirelessly campaigned for a budget-balancing bargain in which Social Security and Medicare would be cut.  This is not something Republicans have forced upon him.  It goes well beyond anything they have asked for.

None of this is a secret.  It is all on the public record.  Yet few of Obama’s supporters seem to notice.

Did Indiana Autoworkers Strike a Blow Against Two-Tier Contracts? by David Moberg for In These Times (via Bill Harvey)

Two-tier union contracts, in which newly-hired workers start at a lower pay rate than the incumbents, demonstrate the weakness and lack of solidarity of labor unions and their pessimism about the future.

The United Auto Workers signed a contract with a Lear Corp. auto parts plant in Hammond, Indiana, that supposedly restores the principle of equal pay for equal work.  But the price of the contract is wage reductions for sub-assembly workers.  So did the workers gain or lose?

My e-mail pen pal Bill Harvey, who sent me the link, pointed out that the two-tier benefits structure remains in place.

After Surgery, $117,000 Medical Bill from Doctor He Didn’t Know by Elisabeth Rosenthal for the New York Times.

Hospitals and physicians jack up medical bills by bringing in “out of network” consultants without asking the patient’s permission.  Not every ethical!

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David Malone, a British blogger who posts as Golem XIV, has written a new installment in his series about the strategy of the global over-class.   Here are links to the complete series so far.

The Next Crisis – Part One

The Next Crisis – Part Two – A manifesto for the supremacy of the 1%

The Next Crisis – Part Three – The World Turned Upside Down

These articles a bit long to read on a screen, but they contain good information and insight.

Why we fight

September 25, 2014

ByX_Ou3IYAADiaHAbove is a letter to the editor to The Daily Mail in London concerning what military intervention in the Middle East is all about.  Actually it’s a bit out of date.  The Saudi Arabian government doesn’t officially support the Islamic State militants any more, which doesn’t necessarily mean that they don’t get any support from individual Saudi Arabs.

Another interesting question is where Israel stands in all this.  The Islamic State (ISIS) and the other Sunni Muslim militias fighting in Iraq and Syria are enemies of Israel’s Shiite Muslim enemies, especially Hezbollah, the Shiite Muslim militia and political party in Lebanon, and Hezbollah’s backer, Iran.

I am always in doubt at moments such as this as to whether the President (whoever he is at the time) lacks a clear purpose, or whether he has a purpose that is not revealed.

LINKS

War Without End: The U.S. may still be fighting in Syria in 2024, 2034, 2044 by Jack Shafer for Bloomberg News (via Naked Capitalism).

The War Nerd: Bombs away in the Middle East!  But why is Israel so quiet? by Gary Brechter for Pando Daily.

Am I smart enough to criticize President Obama?

September 22, 2014

Lance Mannion, an astute and interesting long-time blogger, wrote recently that he has no standing to criticize President Barack Obama because Obama is so much smarter than he is.   Therefore he is going to be silent about the President’s policies and restrict his criticism and ridicule to obviously ignorant right-wingers.

Obama.tcWell, I don’t think I’m as smart as Obama, either.  As far as that goes, I think the vast majority of Presidents during my adult lifetime were smarter than me.   President Richard Nixon, in my opinion, was the smartest of all, both in being well-read and in political astuteness, but that doesn’t put him above criticism.

I think the answer to this was given by the philosopher John Dewey in his defense of democracy.   The average voter is not capable of making presidential decisions, but the voter is capable of knowing how those decisions turned out.  In the same way, Dewey said, he himself was not capable of making his own shoes, but he was capable of knowing whether his shoes fit or not.

I don’t have a plan that will guarantee peace and prosperity for all.

But I don’t see that I’m obligated to come up with such a plan in order to have the standing to oppose perpetual war, presidential death warrants, preventive detention, universal surveillance, bank bailouts, impunity for financial fraud, proposals to cut back Social Security and corporate trade agreements that override national sovereignty.

The first step in making things better is to stop doing things that make them worse.  You don’t have to be a genius to understand that.

Tom Ferguson on Piketty and the Democrats

May 15, 2014

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