Obama’s Economic Predicament
Posted in Main Blog (All Posts) on June 5th, 2012 11:08 pm by HL
Obama’s Economic Predicament
Alexis Simendinger, RealClearPolitics
President Obama has almost no significant new openings to rev the stalling U.S. economy before November — not with Congress as collaborators, at least. So what can he do?The White House says the president will deliver a speech describing his economic vision this month. Offering a public address is Obama's favored fallback when triggering a new phase of economic attention. The president is still touting his American Jobs Act of 2011, but his spokesman said Monday that Obama will continue to search for "potential new ideas.""It's not okay to simply root…
Will Bogus Arguments Swing the Supreme Court?
Jonathan Cohn, TNR
Several dozen organizations filed "friend of the court" briefs for the lawsuit challenging the Affordable Care Act. And virtually none of these briefs are likely to have much impact. But, based on what transpired at oral arguments, one brief appears to have gotten the attention of conservative justices. That is deeply worrisome, because the brief betrays some fundamental misunderstandings of how health care actually works.
The Keynesian Case for Romney
Ezra Klein, Washington Post
Even if you disagree with every one of Mitt Romney’s policies, there’s a chance he’s still the best candidate to lift the economy in 2013.That’s not because he has business experience. For all his bluster about the lessons taught by the private sector, his agenda is indistinguishable from that of career politician Paul Ryan. Nor is it because he’s demonstrated some special knowledge of what it takes to create jobs. Job growth in Massachusetts was notably slow under Romney’s tenure. It’s because if Romney is elected,…