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Posts Tagged ‘Paul Krugman’

Annus Horribilis : 2014 in Review

Thursday, January 1st, 2015

New Year
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Good Riddance to a Bad Year

In a speech in late 1992, Queen Elizabeth II used the phrase “annus horribilis” to describe Great Britain’s no-good, very bad year (tabloid-quality marital troubles of Prince Charles and Princess Diana, a fire at Windsor Castle, etc.). The term is derived from the Latin annus mirabilis (wonderful year). As the queen said about 1992, we feel about 2014: “not a year on which [we] shall look back with undiluted pleasure.”

First, though, let’s open with some good things that happened in 2014 that give us cause to hope that 2015 may bring more mirabilis and less horribilis.

Public health. Overall, the American medical establishment, led by the Centers for Disease Control and Prevention, managed pretty well in handling the cases of Ebola that arose in the U.S. (Try not to be freaked out by TV “news” coverage of this topic; as with weather events, the more alarmist their coverage, the better for their ratings.)

ACAIn other healthy developments, the Affordable Care Act, or Obamacare, brought more good news for the general public (though not for Fox News). In “Tidings of Comfort” (12/26/14), New York Times columnist Paul Krugman says that in its first full year of full implementation (its provisions were phased in gradually after its passage in 2010), “the number of Americans without insurance fell by around 10 million. . . . premiums were far less than predicted, overall health spending is moderating, and specific cost-control measures are doing very well. And all indications suggest that year two will be marked by further success.”

Economy. Krugman points out that although economic recovery from the 2008 crisis has been slow, recent performance has been comparatively healthy, with steady increases in job creation and 5 percent growth in the U.S. economy overall. Some 6.7 million jobs have been created since Obama took office, compared with 3.1 million at the six-year mark under George W. Bush. If it were not for congressionally mandated austerity, the recovery would have been much better.

(Krugman does not mention this, but the recovery was strong enough in 2014 that, if we were living in normal, level-playing-field political conditions, without the artificial factors of gerrymandered congressional districts and unlimited dark money mentioned below, this year’s midterm elections should have gone more than usual in the favor of the president’s party.) For more on the president’s performance, see Krugman’s excellent and persuasive “In Defense of Obama” (Rolling Stone, 10/8/14).

Executive actions. President Obama took several positive actions on several important issues that do not depend on the constipated Congress to take effect. In November he used an executive action to grant a reprieve to nearly 5 million undocumented immigrants and to strengthen border security.

People’s Climate MarchAlso in November, Obama made a landmark agreement with China to cut greenhouse gas emissions by as much as 28 percent from 2005 levels by 2025 and to rely more on renewable sources of energy and on nuclear energy. Following on the massive People’s Climate March of Sept. 21, 2014, in which more than 400,000 marched in New York City as delegates were gathering at the United Nations, this agreement provided substantial good news for the environment and reason to hope for more progressive green achievements. (They can’t come too soon: the “climate change” the earth is undergoing may already be irreparable. But enough: we’re trying to focus on the positive here.)

And, in the kind of bold surprise we welcome and hope to see more of, in mid-December, President Obama announced that after nearly 55 years of diplomatic estrangement, the United States will normalize relations with Cuba and unfreeze the trade embargo, an agreement worked out with behind-the-scenes assistance from Pope Francis and the Vatican and the government of Canada.

About That Annus Horribilis . . .

We each have our own reasons, but it seems to be a widely shared view that even by the standards of this grim new century 2014 was a bad year—and it was already looking bad by the summer. “In this summer of global tumult” began a piece in The New York Times (“As World Boils, Fingers Point Obama’s Way,” 8/16/14). A general sense of gloom and dread was helped along by the fact that 2014 was, as many news outlets were commemorating, the centenary of the outbreak of The Great War.

In international affairs, there was Russia’s annexing of Crimea and troublemaking in Ukraine; the continuation of the dreadful Syrian civil war (two years and counting: some 76,000 died in Syria this year, including 3,500 children) and the related rise of ISIS (aka ISIL, or Islamic State) in Syria and Iraq; the very destructive Israel-Gaza war that erupted in July; and of course the Ebola outbreak in West Africa. But wait: there’s more.

In a nation whose middle class was still struggling if not drowning in a protracted recession and widespread unemployment since the economic collapse of 2008, while corporate profits reached record highs (“In 2013, after-tax corporate profits as a share of the economy tied with their highest level on record [in 1965], while labor compensation as a share of the economy hit its lowest point since 1948.” [NYT 8/31/14])—the already poor and jobless were further stressed by interactions with heavily armed police. In the first eight months of 2014 in the United States there were more than 400 deaths from police shootings.

Disturbances of the Peace

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Here in the homeland, American society was disturbed by the still mysterious shooting on August 9 of an unarmed black teenager named Michael Brown by a white police officer in Ferguson, Missouri. The death sparked outrage and dramatic protests against brutality and excessive militarization of police departments around the United States. The choking death on July 17 of a black man named Eric Garner while in police custody (“I can’t breathe,” he gasped eleven times)—he was suspected of illegally selling loose cigarettes near the Staten Island ferry—was ruled a homicide by the medical examiner. In December a grand jury decided to not indict the police officer in the death; this decision, just a week after a similar decision in Missouri to not prosecute the officer who shot Michael Brown, prompted widespread protests in New York and around the nation with the themes “Black lives matter” and “I can’t breathe.” Tension persists in (among other places) New York City, where the NYPD and Mayor Bill de Blasio are not seeing eye to eye. Large numbers of officers physically turned their backs on the mayor when he spoke at the funeral service several days ago of one of two officers killed in Brooklyn by a lunatic from Baltimore seeking revenge for African Americans killed by police.

“Hell No You Can’t!”

MoneybagsOne more category that should be mentioned, like it or not, is the depressing outcome of the 2014 midterm congressional elections. (So depressing, in fact, that this blog was at a loss for words for several months.) Although victorious, empowered Republicans crowed that the American people had spoken (for them and against Obama, naturally), we attribute their success to (1) gerrymandered congressional districts tailor-made for conservative dominance; (2) unlimited “dark money” from corporations and political action committees following the Supreme Court’s disastrous Citizens United decision (2010); and (3) voting rights restrictions that limited voting by minorities, college students, and other likely Democratic constituencies after the Supreme Court decision in Shelby County v. Holder (2013). (See “Dark Money Helped Win the Senate,” The New  York Times Editorial Board, 11/8/14.)

Perhaps equally disheartening, though, and certainly more infuriating, is the chronic cowardice of establishment Democrats. Dem candidates distanced themselves from President Obama and shrank from speaking up about the party’s accomplishments and defending its historic programs. (See “A Failure to Communicate—Not a Failure to Govern” [LNW 11/3/10].) As our friend Cousin Pat from Georgia at Hurricane Radio has said many times, the Democratic Party cannot ally itself with Wall Street and still expect support from the middle class and working class at election time. (See his “Why the GOP Is Going to Win in November” [9/28/10])

We pray that progressive activists will multiply and press the Democrats and independents to push for progressive policies. One of the developments to which we’re not looking forward is the looming 2016 presidential election. We do not salivate at the prospect of Hillary Clinton as the Democrats’ candidate, but if she is the candidate the Republicans most fear, then perhaps she should be the Democrats’ leader in 2016. But HRC is a Wall Street, big-money Democrat, like Chuck Schumer, and her credentials do not bode well for peace or progressive causes. On our wish list is more of populist, independent thinkers like senators Elizabeth Warren and Bernie Sanders. We hope that, at the very least, Warren and other liberals and defenders of the middle class will be able to push Clinton toward more progressive talk and action.

Falling Stars in the Obituary Pages

Another way of looking at the year’s toll is by considering the obituaries of entertainers and authors in 2014—some of which were not death from natural causes. Philip Seymour Hoffman (46) and Robin Williams (63), among the greatest talents of any age, both took their own lives after giving immeasurably to world culture, both in humor and in pathos. Other great lives that ended this year include Lauren Bacall, Joan Rivers, Shirley Temple Black, poets Maya Angelou, Amiri Baraka (LeRoi Jones), Maxine Kumin, Galway Kinnell, Mark Strand, and the global-stature novelists Gabriel García Márquez and Nadine Gordimer, as well as the popular mystery writer P. D. James.

Power to the People

LNW_USA.sleeveWe hope for a better year this next time around, but we know that 2015 is not going to be better just because the previous one was a grind. But we will do our part, “every day, in every way,” and will try to contribute to a better city, a better nation, a better world. We hope you’ll join us in trying to give to civic affairs, for example, not only through occasional contributions to progressive groups (see our blogroll, lower right column, for Anti-War and Environment groups), but also by making our views known to newspapers and elected officials: phoning mayors, members of Congress, writing letters to the editor, and so on. Let’s encourage, congratulate, thank, and support those who do good, and when elected officials are off-track, let them know. (See our Political Action page for contact information.)

Wishing you and yours a better time in 2015, and strength through peace.

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Top illustration from New York Public Library Digital Gallery; Ferguson, Missouri, photograph by BBC News.

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The Social Contract, Explained by Elizabeth Warren,
Paul Krugman, and Robert Kuttner

Saturday, September 24th, 2011

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“There is nobody in this country who got rich on his own. Nobody. . . . You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate.”

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United We Stand, Divided We Fall

Elizabeth Warren, the consumer protection reformer and Harvard law professor who is now campaigning to represent Massachusetts in the U.S. Senate, has given one of the most direct and cogent explanations of the social contract we’ve ever heard. (It’s an idea that is not talked about often enough.) One way of describing the social contract, also known as the social compact, is of putting the Golden Rule into practice in society through the mechanisms of government for the benefit of all: Do unto others as you would have them do unto you. Share and share alike. It’s something children can understand, but not many bankers or senators.

Briefly, the idea of a social contract is of a mutually beneficial system that serves both the ordinary folk and the wealthy, and makes demands on all, a two-way street of reciprocal obligation and fulfillment. The closest the U.S. has ever come to enacting a social contract is through FDR’s New Deal and LBJ’s Great Society. It is an ideal, never quite reached completely, but its essentials were in place not so long ago and could be restored by determined, sustained effort. Robert Kuttner has written about how during the boom decades after World War II a “managed, rather than laissez-faire, brand of capitalism . . . delivered broadly shared prosperity, as well as greater security for both the system and individuals” (The Squandering of America [2007], p. 6). More from Kuttner below.

Let’s go straight to Dr. Warren herself.

I hear all this, you know, “Well, this is class warfare, this is whatever.”—No!

There is nobody in this country who got rich on his own. Nobody.

You built a factory out there—good for you! But I want to be clear.

You moved your goods to market on the roads the rest of us paid for.

You hired workers the rest of us paid to educate.

You were safe in your factory because of police forces and fire forces that the rest of us paid for.

You didn’t have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did.

Now look, you built a factory and it turned into something terrific, or a great idea—God bless. Keep a big hunk of it.

But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.

Isn’t this more or less the idea behind “United we stand, divided we fall”?

As Steve Benen at Washington Monthly notes of Warren’s remarks, “First-time candidates don’t usually articulate a progressive economic message quite this well.”

We have written lately about how the Democrats seriously need to sharpen and toughen up their communication skills. We hereby nominate Elizabeth Warren as one of the chief instructors and exemplars at the Democrats’ School for the Mute. The school also needs a disciplinarian. The Democratic party cannot depend on the skills of Barack Obama alone—though he has lately been showing signs of improvement. Every senator, every representative who wears a D after his or her name should be in intensive training. Dr. Warren—whose talk about economic fairness prompted Jon Stewart to say, “I want to make out with you!”—is the Teacher of the Week. (Click here for her Huffington Post blog posts.)

 

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We were alerted to the good professor’s comments by Paul Krugman’s well-titled column “The Social Contract” (see below, after the jump, for a full version, highlighted and underlined as a convenience for our readers). After explaining why President Obama is right to assert that the wealthy should bear part of the burden of reducing the budget deficit, Krugman cites the “eloquent remarks” made this week by Elizabeth Warren, now on the campaign trail in Massachusetts, countering the assertion that the rich should get to keep all their wealth. It’s hardly “class warfare.” Summarizing Warren’s argument, Krugman writes:

“There is nobody in this country who got rich on his own. Nobody,” she declared, pointing out that the rich can only get rich thanks to the “social contract” that provides a decent, functioning society in which they can prosper.

This column follows several days after President Obama, in remarks in the Rose Garden (Sept. 19) on Economic Growth and Deficit Reduction, asserted with welcome clarity, “Either we ask the wealthiest Americans to pay their fair share in taxes, or we’re going to have to ask seniors to pay more for Medicare. We can’t afford to do both. . . . This is not class warfare. It’s math.”

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“Pass This Jobs Bill”

Thursday, September 8th, 2011

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“I am sending this Congress a plan that you should pass right away. It’s called the American Jobs Act. There should be nothing controversial about this piece of legislation. Everything in here is the kind of proposal that’s been supported by both Democrats and Republicans—including many who sit here tonight. . . .”

“This is the American Jobs Act. It will lead to new jobs for construction workers, for teachers, for veterans, for first responders, young people and the long-term unemployed. It will provide tax credits to companies that hire new workers, tax relief to small business owners, and tax cuts for the middle class. And here’s the other thing I want the American people to know: The American Jobs Act will not add to the deficit. It will be paid for.”

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President Challenges Congress to Act as if It’s Functional

President Obama did the right thing—about two years late—in asking for an address before a joint session of Congress. For only the second time in his presidency in a speech other than a State of the Union address (the other occasion was in September 2009 when he launched a big push for health care reform), the president pitched to the nation a plan costing just under $450 billion designed to avert a second recession and attack an unemployment crisis and economic stagnation that require action now. Economists say it could add almost 2 million jobs. Paul Krugman says, “significantly bolder and better than I expected.” Even conservative NYT columnist David Brooks says the plan has potential and is worth pursuing.

In “plainspoken, Trumanesque” language—no wonky terms or professorial manner tonight, not even the highfalutin word “infrastructure”—Obama pressed for a jobs and economic relief package with a memorable name, the American Jobs Act, that is 55% tax cuts, 31% infrastructure and local aid, and 14% unemployment insurance. (Detailed breakdown here.) He stressed the bipartisan origins of the proposals, and about a dozen times in 30 minutes he directed Congress to “pass this bill.” Obama was assertive, even imperative, yet his message was warmed by a progressive moral vision; if he keeps this up he just might win re-election.

What’s in the American Jobs Act?

Washington Post policy analyst Ezra Klein observes that “the plan, taken as a whole, attempts to include every single theory of how to address the jobs crisis. If you believe we need more direct spending, you’ve got the infrastructure component. More tax cuts? The plan has $250 billion in tax cuts. More help for the unemployed? Yep.”

Among the elements identified by Ezra that we find most appealing are:

•  “$35 billion in aid to states and cities to prevent teacher layoffs, and earmarks $25 billion for investments in school infrastructure.”

•  “$50 billion for investments in transportation infrastructure, $15 billion for investments in vacant or foreclosed properties, and $10 billion for an infrastructure bank.” (Why not the $50 billion for an infrastructure bank that Obama has proposed before?)

•  “$49 billion to extend expanded unemployment insurance benefits. $8 billion for a new tax credit to encourage businesses to hire the long-term unemployed, and $5 billion for a new program aimed at supporting part-time and summer jobs for youth and job training for the unemployed.”

The jobs act, crafted by the administration, not left to the tender mercies of congressional committees—is heavily weighted with originally Republican ideas that will make it politically harder for the G.O.P. to dismiss. They will invent reasons to reject it anyway, though House Speaker John Boehner (R-Ohio) did have the decency to release a statement that “The proposals the President outlined tonight merit consideration.” Maybe those golf games are paying off. Republicans do not want to allow this president any kind of accomplishment before November 2012, regardless of the deep and widespread suffering of millions of jobless, homeless, hopeless fellow citizens whose taxes pay the representatives’ salaries and health plans. (Note: The American Jobs Act “will not add to the deficit”: it will be paid for by cuts elsewhere. Even if it were not paid for, it would cost only about half of the projected $800 billion addition to the deficit incurred by extension of the Bush Tax cuts for million- and billionaires in Dec. 2010.)

“The people who sent us here—the people who hired us to work for them—they don’t have the luxury of waiting 14 months. Some of them are living week to week, paycheck to paycheck, even day to day. They need help, and they need it now.”

“Paycheck to paycheck”? Some 15 to 20 million would-be workers have no paycheck at all, not even unemployment benefits.

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What a Deal

Monday, August 1st, 2011

Is This What “Winning the Future” Feels Like?

“Our enemies could not have designed a better plan to weaken the American economy than this debt-ceiling deal.”

—Joe Nocera, “Tea Party’s War on America” (see below)

“With all this incessant emphasis on deficit reduction, it’s going to be extremely tough to convince people that we actually might need to spend some money right now, in the short run, to help get this economy out of neutral.”

Jared Bernstein, former White House economic advisor (see below)

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Well, gentle readers, our weekend of faxing earnest, carefully crafted letters to Democrats in Congress (“Tell Obama to Use the Constitutional Option”) had the usual, predictable result.

Below are a few selections of choice commentary on the agreement reached Sunday by Senate leaders Reid and McConnell and Obama—but not yet voted on by Congress. The Senate is expected to pass it today. The House may vote by this evening, though large numbers of Pelosi’s and Boehner’s representatives may yet balk.

[ Timeline of debt ceiling negotiations ¶ How the plan would work ¶ Text of the bill ]

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New York Times editorial: “To Escape Chaos, a Terrible Deal

. . . a nearly complete capitulation to the hostage-taking demands of Republican extremists. It will hurt programs for the middle class and poor, and hinder an economic recovery.

. . . this episode demonstrates the effectiveness of extortion. Reasonable people are forced to give in to those willing to endanger the national interest.

Paul Krugman (NYT): “The President Surrenders

. . . the deal itself . . . is a disaster, and not just for President Obama and his party. It will damage an already depressed economy; it will probably make America’s long-run deficit problem worse, not better; and most important, by demonstrating that raw extortion works and carries no political cost, it will take America a long way down the road to banana-republic status. . . .

Republicans will surely be emboldened by the way Mr. Obama keeps folding in the face of their threats. He surrendered last December, extending all the Bush tax cuts; he surrendered in the spring when they threatened to shut down the government; and he has now surrendered on a grand scale to raw extortion over the debt ceiling. Maybe it’s just me, but I see a pattern here.

. . . It is, of course, a political catastrophe for Democrats, who just a few weeks ago seemed to have Republicans on the run over their plan to dismantle Medicare; now Mr. Obama has thrown all that away. And the damage isn’t over: there will be more choke points where Republicans can threaten to create a crisis unless the president surrenders, and they can now act with the confident expectation that he will.

Joe Nocera (NYT): “Tea Party’s War on America

America’s real crisis is not a debt crisis. It’s an unemployment crisis. Yet this agreement not only doesn’t address unemployment, it’s guaranteed to make it worse. (Incredibly, the Democrats even abandoned their demand for extended unemployment benefits as part of the deal.) . . . The spending cuts will shrink growth and raise the likelihood of pushing the country back into recession.

. . . What is astonishing is that both the president and House speaker are claiming that the deal will help the economy. . . . Our enemies could not have designed a better plan to weaken the American economy than this debt-ceiling deal.

One thing Roosevelt did right during the Depression [as opposed to 1937 spending reductions] was legislate into being a social safety net to soften the blows that a free-market economy can mete out in tough times. During this recession, it’s as if the government is going out of its way to make sure the blows are even more severe than they have to be.

. . . Obama should have played the 14th Amendment card. . . . Yes, he would have infuriated the Republicans, but so what? They already view him as the Antichrist. . . . Inexplicably, he chose instead a course of action that maximized the leverage of the Republican extremists.

Steve Benen: “Don’t Call It a Compromise

I’ve seen several reports on the debt-ceiling framework describe it as a “compromise” between Republicans and Democrats. That’s far too generous a term. Is this a deal? Sure. Is it an agreement? Absolutely. Can it fairly be characterized as a “compromise”? Not at all.

Republicans threatened to crash the economy, on purpose, unless a series of radical demands were met. Democrats made an effort to lessen those demands and make them less painful than intended. The result, not surprisingly, is rather ugly, which is to be expected.

The debt-reduction framework isn’t a compromise; it’s a ransom. . . . If you’re looking for good news in this agreement, you’ll be looking for a long time. Overall, what we’re left with is bad news and less-bad news.

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“Shock Doctrine” in Wisconsin

Monday, February 28th, 2011

First, a few notes about Wisconsin:

•  Speaking with Rachel Maddow, Milwaukee Mayor Tom Barrett observes that when Gov. Scott Walker spoke last week with the “fake David Koch,” he made no mention of a “fiscal crisis” that he claims compels him to strip public workers of collective bargaining rights, but spoke only of union-busting strategy and tactics.

•  Also on Rachel Maddow, Eugene Robinson points out that the “fiscal crisis” argument for revoking collective bargaining rights falls apart when you look at Texas. The Lone Star State has no collective bargaining rights for workers, practically no unions, and a $27 billion deficit. Why would revoking collective bargaining help Wisconsin if it doesn’t help the Lone Star State?

•  See below: video of American Federation of Teachers’ Local 212 marches in Milwaukee and Madison on Feb. 24, 26.

Disaster Capitalism in the Heartland

Leave it to Paul Krugman to notice that what Gov. Scott Walker is trying to do in Wisconsin is precisely what Naomi Klein described in her best-selling book The Shock Doctrine: The Rise of Disaster Capitalism. Briefly, the shock doctrine is the use of crises and public disorientation (as by a natural disaster, political upheaval, or economic crisis) to push through free-market economic shock therapy disguised as “reforms.” The traumatized public is too concerned with basic survival to notice what “the authorities” are doing. (The book is Excellent, Highly Recommended.)

Naomi Klein opens with the (Iraq) Coalition Provisional Authority’s opportunistic attempts to “corporatize and privatize state-owned enterprises” and “wean [Iraqis] from the idea the state supports everything” (in American viceroy L. Paul Bremer’s words) in Baghdad in 2003. She then explains that the shock doctrine has been used, very deliberately, after the U.S.-supported coup that overthrew Argentina’s Salvador Allende in 1973 up to the aftermath of Hurricane Katrina with the privatization of formerly public institutions of housing and health care in New Orleans (shutting down public housing projects, Charity Hospital), etc.

Since Chile in the 1970s, Krugman writes, “right-wing ideologues have exploited crises to push through an agenda that has nothing to do with resolving those crises, and everything to do with imposing their vision of a harsher, more unequal, less democratic society.”

Now, he says, the same methods are being used in Wisconsin:

What’s happening in Wisconsin is . . . a power grab — an attempt to exploit the fiscal crisis to destroy the last major counterweight to the political power of corporations and the wealthy. And the power grab goes beyond union-busting. The bill in question is 144 pages long, and there are some extraordinary things hidden deep inside.

For example, the bill includes language that would allow officials appointed by the governor to make sweeping cuts in health coverage for low-income families without having to go through the normal legislative process.

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Obama Sends Wall Streeters to “Reform School”

Friday, April 23rd, 2010

[ Ed. note: The following account of President Obama’s remarks on Wall Street reform yesterday are not, strictly speaking, part of Levees Not War’s usual portfolio (we do have many interests!), but then again it’s not every day that we get to personally attend a presidential address. A variant of this post appears at Daily Kos. ]

President Obama came within a few zip codes of Wall Street yesterday to speak to a gathering of prominent banking executives (including Lloyd “I’m Doing God’s Work” Blankfein of Goldman Sachs) and illustrious Empire State politicos at the fabled Great Hall of Manhattan’s Cooper Union. It was a privilege to sit in the Great Hall where over the last 150 years audiences have gathered to hear Abraham Lincoln, Frederick Douglass and other abolitionists; Susan B. Anthony and other advocates for woman suffrage; speakers for the NAACP and the American labor movement; and eight presidents including Theodore Roosevelt, Woodrow Wilson, and Bill Clinton; and another illustrious (former) congressman from Illinois: Senator Obama the presidential candidate spoke at Cooper Union on “Renewing the American Economy” in March 2008, a half year before the crash.

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Are “Conservatives” Conservative?
Are They Even American?

Tuesday, October 6th, 2009

Sipa Press“. . . although they believe themselves to be conservatives and usually employ the rhetoric of conservatism, [pseudo-conservatives] show signs of a serious and restless dissatisfaction with American life, traditions, and institutions. . . . Their political reactions express rather a profound if largely unconscious hatred of our society and its ways. . . . The pseudo-conservative is a man who, in the name of upholding traditional American values and institutions and defending them against more or less fictitious dangers, consciously or unconsciously aims at their abolition.”

Richard Hofstadter, “The Pseudo-Conservative Revolt” (1954)

We’ve been looking for a more accurate word to describe those on the political right. Philosophically, self-proclaimed “conservatives” are far from the root meaning of conserve, as in conservation, preservation (see Inhofe below). “Traditionalist” would not do, either, exactly. “Pseudo-conservative,” the term used above by Hofstadter? Radicals? Revolutionaries? The question of identity here is not so much about ordinary citizens who are understandably ill at ease with high government spending, economically insecure, suspicious of the mainstream news media, and so on. We’re thinking more of the elites, the elected officials who until recently held the White House and majorities in Congress, certain corporate executives and right-wing think tankers and pundits who identify themselves as conservatives.

Now, of course, those who call themselves conservatives will insist that they are the true Americans, and that those they oppose are not worthy of the name (think, for example, of HUAC, the House Un-American Activities Committee [1938–75]). And the more fiercely “conservative,” the more vehemently they insist. But we think they do protest too much.

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