“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.
Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.
New York Times Editorial: Oh, Grow Up
Whenever we think Washington couldn’t get more cynical or more craven, it proves us wrong. So we will resist the temptation to say it’s hard to imagine anything more base than the food fight over President Obama’s planned speech to Congress.
The contemptuous reaction from the House speaker, John Boehner, to the president’s request to address a joint session next Wednesday – the day Congress returns from its summer recess – was appalling. No matter how he feels about Mr. Obama personally or politically, there can be no excuse for his lack of respect for the office, to which he is second in the line of succession. And it was distressing to watch President Obama fail, once again, to stand up to an opposition that won’t brook the smallest compromise.
What made this even more appalling is that the president will be speaking on the country’s most pressing problem – the need to create jobs and stave off another destructive recession.
Paul Krugman: Eric and Irene
“Have you left no sense of decency?” That’s the question Joseph Welch famously asked Joseph McCarthy, as the red-baiting demagogue tried to ruin yet another innocent citizen. And these days, it’s the question I find myself wanting to ask Eric Cantor, the House majority leader, who has done more than anyone else to make policy blackmail – using innocent Americans as hostages – standard operating procedure for the G.O.P.
A few weeks ago, Mr. Cantor was the hard man in the confrontation over the debt ceiling; he was willing to endanger America’s financial credibility, putting our whole economy at risk, in order to extract budget concessions from President Obama. Now he’s doing it again, this time over disaster relief, making headlines by insisting that any federal aid to the victims of Hurricane Irene be offset by cuts in other spending. In effect, he is threatening to take Irene’s victims hostage.
ARGENTINA may seem like one of the last countries on earth to offer lessons for dealing with economic malaise. Once the eighth-largest economy in the world, it steadily slid through the 20th century, thanks to decades of repressive dictatorships and inconsistent market experiments. This ended ignominiously in 2001, when it defaulted on $100 billion in sovereign debt, plunging over half its 35 million people into poverty.
That, at least, is the Argentina people know. Since then, it has performed an economic U-turn – an achievement largely unnoticed outside Latin America, but one that President Obama and Congress should look to for inspiration.
Robert Kuttner: Feeble President, Feeble Plans
Obama’s jobs plan: Go work for free!
On Wednesday, I posted an item titled “How Not to Solve the Jobs Problem.” The case in point is President Barack Obama’s embrace of a state program called Georgia Works, which tries to turn unemployment insurance into a kind of sing-for-your-supper “workfare” program.
Jobless workers in Georgia drawing unemployment compensation are encouraged to go work for private employers-for free-in exchange for some kind of training. They get a small onetime stipend of $240 as an inducement. The premise is that working for free will help them get a foot in the door and maybe get hired (if the employer hires). According to Georgia’s own statistics, however, only about 15 percent do.
This pitifully inadequate program is very likely to be part of Obama’s forthcoming jobs speech.
But let’s drill deeper. Why is the administration embracing such a right-wing and futile program? Obviously, the problem in Georgia is the unemployment rate, of 10.1 percent, not the fact that unemployed workers lack a few weeks’ training for low-wage jobs.
Mark Engler: Is “Free Trade” Obama’s Jobs Plan?
After a slight scheduling kerfuffle, President Obama is now set to give a major speech on jobs before a joint session of Congress next Thursday, September 8. Commentators have speculated that Obama could “go big” in his proposals to fight unemployment, and there are some solid suggestions on the table for how the government could help put Americans back to work. These include major investment in public infrastructure and changing the tax structure in order to reward businesses for creating U.S. jobs, rather than off-shoring their production abroad.
Unfortunately, Obama is also likely to advance some bad ideas. In his pledge to “to find bipartisan solutions” to the country’s economic problems, the president will almost certainly push several neoliberal “free trade” agreements. Specifically, he is expected to reassert his support for previously stalled trade pacts with Colombia, Panama, and South Korea.
Wendel Potter: Rick Perry’s Texas Health Care Hoax
In his quest to win the Republican presidential nomination, Texas Gov. Rick Perry is perpetuating a convincing hoax: that implementing Texas-style tort reform would go a long way toward curing what ails the U.S. health care system.
Like his fellow GOP contenders, Perry consistently denounces “Obamacare” as “a budget-busting, government takeover of healthcare” and “the greatest intrusion on individual freedom in a generation.” He promises to repeal the law if elected.
Unlike those in the “repeal-and-replace” wing of the Republican Party, however, Perry has emerged as leader of the “repeal-and-let-the-states-figure-it-out” wing that believes the federal government has no legitimate role in fixing America’s health care system.
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