Punting the Pundits

“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”.

Robert Reich: How a Little Bit of Good Economic News Can Be Bad for the President

Two years ago the unemployment rate was 9.9 percent. Now it’s 8.5 percent. At first blush that’s good news for the president. Actually it may not be.

Voters pay more attention to the direction the economy is moving than to how bad or good it is. So if the positive trend continues in the months leading up to Election Day, Obama’s prospects of being reelected improve.

But if you consider the number of working-age Americans who have stopped looking for work over the past two years because they couldn’t find a job, and young people too discouraged even to start looking, you might worry.

Richard (RJ) Eskow: Austerity for Dummies: The 3-Minute Guide to a Bad Idea

“I feel stupid,” someone said the other day. “I consider myself well-informed, but I have no idea what the term ‘austerity economics’ really means.”

Actually it’s not that complicated, and most of the lesson plan can be found in today’s headlines.

We’ll explain austerity to you in six steps, and we promise it it won’t take more than 900 words. Since adults read an average of 250-300 words per minute — and we know all of you are above average — our little course shouldn’t take more than three minutes.

Dean Baker: Will Romney Lie His Way to the White House?

Mitt Romney seems ready to wield his version of birtherism as a major weapon in the fall campaign against President Obama. In his standard stump speech he tells audiences that President Obama wants “to replace our merit-based society with an entitlement society.” According to Romney, this means a European-style welfare state that redistributes wealth and creates equal outcomes regardless of individual effort and success.

That’s pretty strong stuff, but of course this doesn’t sound anything like the President Obama who many of us have come to know and criticize. After all, this is the guy who got the top Wall Street bankers and told them that he was the only thing standing between them and the pitchforks. And, according to Ron Suskind, he assured them that he would hold his ground.

John Nichols: No Longer a Party of Lincoln: The Racial Politics of the New GOP

The Republican Party, founded by militant abolitionists and the political home through much of its history for committed foes of segregation and discrimination, has since the late 1960s been degenerating toward the crude politics of Southern strategies and what former Republican National Committee chairman Lee Atwater referred to as the “coded” language of complaints about “forced busing,” legal-services programs, welfare and food stamps. But the 2012 campaign has seen this degeneration accelerate, as the candidates have repeatedly played on stereotypes about race, class and “entitlements.”

On the eve of the Iowa caucuses, former Pennsylvania Senator Rick Santorum told a crowd of supporters: “I don’t want to make black people’s lives better by giving them somebody else’s money.”

Richard Dreyfuss: Hawks Hysterical Over Pentagon Cuts

To no one’s surprise, the military-industrial complex and its allies are pushing back against the Obama administration’s plans to trim some fat at the Pentagon.

The big boys-namely, the Aerospace Industries Association, the National Defense Industrial Association and the Professional Services Council-co-wrote a letter to Secretary of Defense Leon Panetta warning that even Panetta’s modest efforts to slow defense spending could lead to catastrophe. Panetta’s proposed $480 billion reduction might fatally undermine the defense industrial base, the letter warned, and it added that they expect further cuts in years to come.

Noting that the Congressional supercommittee’s failure to reach an accord might trigger another $600 billion in defense cuts, the three industry heavyweights said, “Even if the trillion-dollar ‘doomsday’ scenario is avoided, respondents were operating under the assumption that, based on past history, more cuts would be added on top of the $480 billion over the next decade.”

Dan Savage: Rick Santorum’s homophobic frothing

The Republican candidates now vying to be most anti-gay will find they’re on the wrong side of American voters in November

Alfred Kinsey famously – and, as later studies seemed to prove, erroneously – reported that 10% of the American population was gay. For decades, the American gay rights movement celebrated and pointed to the Kinsey Report; “1 in 10” and “10%” were popular gay rights slogans when I came out in the 1980s. But later research would show that our numbers were smaller. A recent study conducted by the Williams Institute at the University of California found that 3.8% of adults in the United States were lesbian, gay, bisexual or transgender.

Just as gay America once celebrated Kinsey’s 10% figure, America’s religious conservatives/extremists celebrate these newer, lower estimates. They argue that the LGBT community is so tiny – just 9 million Americans, according to the Williams Institute – that our calls for civil rights protections and full civil equality shouldn’t be taken seriously. Rights, they implicitly assert, should be awarded only to minority communities that have attained some sort of critical mass. (The Williams Institute’s estimates, for the record, are believed to underestimate the size the LGBT community, just as Kinsey once overestimated it – people lie about their sexual orientations; how do you control for the closet; what about LGBT children, etc.)