“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.
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Paul Krugman: Not Enough Inflation
Ever since the financial crisis struck, and the Federal Reserve began “printing money” in an attempt to contain the damage, there have been dire warnings about inflation – and not just from the Ron Paul/Glenn Beck types.
Thus, in 2009, the influential conservative monetary economist Allan Meltzer warned that we would soon become “inflation nation.” In 2010, the Paris-based Organization for Economic Cooperation and Development urged the Fed to raise interest rates to head off inflation risks (even though its own models showed no such risk). In 2011, Representative Paul Ryan, then the newly installed chairman of the House Budget Committee, raked Ben Bernanke, the Fed chairman, over the coals, warning of looming inflation and intoning solemnly that it was a terrible thing to “debase” the dollar.
And now, sure enough, the Fed really is worried about inflation. You see, it’s getting too low.
New York Times Editorial Board: Putting Politics Ahead of Science
Appearing before Planned Parenthood’s annual convention last Friday, President Obama pledged his continuing support for women’s reproductive rights. In a speech before the National Academy of Sciences on Monday, Mr. Obama promised to keep science a sphere “not subject to politics” or “skewed by an agenda.”
On Wednesday, his administration betrayed both reproductive rights and science. The Justice Department announced that it would appeal a federal court ruling that would make morning-after pills available without a prescription for girls and women of all ages.
President Obama had the opportunity this week to make an irresponsible Congress face the consequences of its own dumb actions. For reasons I cannot fathom, he took a pass.
Rather than use the veto pen that must be gathering dust in some Oval Office drawer, Obama signed legislation that cushions air travelers from the effects of the crude, cruel budget cuts known as the “sequester.” The Federal Aviation Administration is now allowed to shuffle funds around to avoid furloughing air traffic controllers-thus avoiding flight delays.
Joan Walsh: Yes, Americans Still Value Their Civil Liberties Even in the Wake of Boston Marathon Bombing
New poll says people are even more concerned about their country becoming a police state than before.
I admit I was a little bit surprised, but pleasantly: A new Time/CNN/ORC poll shows that Americans are actually more concerned about protecting civil liberties in the wake of the Boston bombing, not less. It turns out voters are smarter than many of their leaders, particularly (but not exclusively) on the Republican side of the aisle. Mayor Michael Bloomberg, who vilifies his local NYCLU by comparing it to the NRA, might want to take note. [..]
Only 32% of Americans believe that the U.S. government can prevent all major attacks, down from an average of 40% in 2011 and 41% in 2006. And by contrast with polls taken in the wake of the 1996 Atlanta Olympics bombing, when only 23 percent of voters polled showed reluctance to give up civil liberties to protect terrorism,, 49% said they were not willing to give up such rights, as opposed to 40 percent who were.
Norman Solomon: Don’t Vent, Organize-And “Primary” a Democrat Near You
Progressives often wonder why so many Republican lawmakers stick to their avowed principles while so many Democratic lawmakers abandon theirs. We can grasp some answers by assessing the current nationwide drive called “Primary My Congressman” — a case study of how right-wing forces gain ground in electoral terrain where progressives fear to tread.
Sponsored by Club for Growth Action, the “Primary My Congressman” effort aims to replace “moderate Republicans” with “economic conservatives” — in other words, GOP hardliners even more devoted to boosting corporate power and dismantling the public sector. “In districts that are heavily Republican,” the group says, “there are literally dozens of missed opportunities to elect real fiscal conservatives to Congress — not more ‘moderates’ who will compromise with Democrats. . .”
Such threats of serious primary challenges often cause the targeted incumbents to quickly veer rightward, or they may never get through the next Republican primary.
Joe Conason: What Might Be Missing From Bush’s Presidential Library
Like all such monuments that former presidents construct to edify the public, the George W. Bush Presidential Center-opened with great ceremony in Texas last week-is mounted from its subject’s point of view.
My own invitation to the festivities must have been lost in the mail, so I have yet to view the super-cool interactive exhibitions that reportedly allow visitors to become “the decider” on Iraq and other debacles. But the point seems to be that the 43rd president came under sustained pressure and, if he screwed up to an unprecedented degree, then he doesn’t think you or I would have done any better.
That pointless comparison would no doubt elicit Bush’s trademark smirk. He is said to feel satisfied with himself, no matter what the world thinks.
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