“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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Dean Baker: The Federal Reserve Board’s Payroll Tax on our Children
The deficit hawks appear to be making a comeback, at least in the media, if not among the public at large. This isn’t surprising since we have billionaires prepared to spend large chunks of their money to scare people about the deficit, regardless of how unimportant it might be as an economic concern.
The latest storyline is that the deficit may not be a problem now, but it is projected to grow in size over the next decade. In particular, as interest rates rise we will be forced to divert an increasing portion of government spending to interest payments and away from things we might really care about like improving infrastructure and education.
There are many things wrong with this analysis, most obviously that even if interest payments rise as projected, relative to the size of the economy they will still be less in 2025 than they were in the early 1990s. And the interest burden in 1990s didn’t prevent us from having a decade that ended with four years of broadly shared wage growth and low unemployment. So the horror story here doesn’t look quite so frightening.
Trevor Timm: Snowden’s leaks forced NSA reform on Congress. The US would still jail him
The catalyst for Congress’ historic vote on NSA reform on Tuesday – the same person who led to a federal court to rule that NSA mass surveillance of Americans was illegal – remains exiled from the United States and faces decades in jail. The crime he’s accused of? Telling the American public the very truth that forced Congress to restrict, rather than expand, the spy agency’s power for the first time in over forty years.
The passage of the USA Freedom Act is quite simply a vindication of Edward Snowdenand it’s not just civil libertarians who have noticed: he’s forced even some of the most establishment-friendly commentators to change their opinions of his actions. But it’s a shame that almost everyone nonetheless ignores the oppressive law under which Snowden was charged or the US government’s outrageous position in his case: that if he were to stand trial, he could not tell the jury what his whistleblowing has accomplished.
The White House told reporters on Thursday that, despite the imminent passage of NSA reform, they still believe Edward Snowden still belongs in prison (presumably for life, given his potential charges), while at the same time, brazenly taking credit for the USA Freedom Act passing, saying that “historians” would consider it part of Obama’s “legacy.” Hopefully historians will also remember, as Ryan Lizza adeptly documented in the New Yorker, that Obama was handed every opportunity to reform the NSA before Edward Snowden, yet behind the scenes repeatedly refused to do so. Instead, the Obama administration was dragged kicking and screaming across the finish line by Snowden’s disclosures, all while engaging in fear-mongering that would make Dick Cheney proud.
For centuries, black communities in America have faced physical abuse and unjustified deadly force at the hands of law enforcement. Modern policing even originated in slave patrols and night watches that captured people who tried to escape slavery. According to the most recent FBI data, local police kill black people at nearly the same rate as people lynched in the Jim Crow-era – at least two times a week. The Guardian’s latest count for the first five months of 2015 puts that number at around once per day.
But the verifiable impact on black lives of racially discriminatory policing remains largely unknown. Despite federal law authorizing the US attorney general to collect nationwide data on police use of force, there remains no federal database on how often police kill civilians, let alone abuse their authority.
According to Guardian’s The Counted, police killed 464 people in the first 5 months of 2015, including 135 black people. Their data shows that, in 2015 so far, the black people killed by the police are twice as likely to be unarmed as the white people. According to a recent Washington Post analysis, at this rate, police will fatally shoot nearly 1,000 people by the end of year. The federal government has no way to confirm or disprove this data, though they’ve long had the authority to compile it themselves.
Leo W. Gerard: Trade Enforcement Failure
It’s all the rage now for Republican presidential candidates to spurn the Royal Romney approach and, instead, fawn over workers.
When former U.S. Sen. Rick Santorum announced his presidential bid last week, he did it from a factory floor and called for increasing the minimum wage. Former New York Gov. George Pataki, who also launched his candidacy last week, named as his political inspiration Teddy Roosevelt, a corporate trust-buster and working-class hero. U.S. Sen. Rand Paul, who entered the race in April, said that to win elections, “you’ve got to get the people who work for the people who own businesses.”
That is true – if the businesses are in America. There’s not much point in American candidates soliciting votes from workers at factories that U.S. corporations closed here and moved overseas with the help of free-trade agreements (FTAs). Decade after decade of free trade, presidents promised workers that the deals set the highest standards for labor. And decade after decade, the federal government failed at enforcement, placing Americans in competition with child laborers, underpaid and overburdened foreign workers and victims of human trafficking.
Robert Reich: Ten Ways To Make The Economy Work For The Many, Not The Few: #7 Strengthen Unions And Preempt States “Right To Work” Laws
One big reason America was far more equal in the 1950s and 1960s than now is unions were stronger then. That gave workers bargaining power to get a fair share of the economy’s gains – and unions helped improve wages and working conditions for everyone.
But as union membership has weakened – from more than a third of all private-sector workers belonging unions in the 1950s to fewer than 7 percent today – the bargaining power of average workers has all but disappeared.
In fact, the decline of the American middle class mirrors almost exactly the decline of American labor union membership.
So how do we strengthen unions?
John Nichols: 2 Million Americans Petition Congress to Reject Fast Track
There are a lot of reasons Americans, even Americans who are generally supportive of President Obama, don’t want Congress to grant him Trade Promotion Authority to “fast-track” negotiations and the approval process for a sweeping new Trans-Pacific Partnership agreement. For instance, the president wants Congress to surrender its ability to make amendments to this deal and to agreements negotiated by the next president-even amendments that seek to lock in protections for labor rights, human rights, and the environment. The administration wants Congress to give up its power to hold a meaningful debate before voting on this and future deals. Yet, even as it seeks fast-track authority, the administration refuses to share the details of the agreement as it now stands with Congress.
Presidents always seek maximum flexibility.
But Congress does not have to grant it.
The Senate has, after a good deal of wrangling, bent to the White House’s fast-track demand. But the House, where trade debates are always more intense, could still say “no.”
Revelations about what’s being proposed in global-trade negotiations point to why this is the wrong time for Congress to surrender oversight authority.
I will be busy this weekend visiting relatives and TMC will be out of town also. Normally (and I’m not bragging or wanting anyone to feel bad about their contribution) these take me from 3 to 4 hours to do, exclusive of the time spent reading to find the material.
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