It's not just about Obama. In some ways, FDR is also up for reelection -- not because Obama resembles him but because it's Roosevelt's legacy that the Republican party wants to destroy.
Simpson-Bowles, Paul Krugman reminds us, isn't a safe fallback, an acceptable compromise.
... Despite the bizarre reverence it inspires in Beltway insiders — the same people, by the way, who assured us that Paul Ryan was a brave truth-teller — the fact is that Simpson-Bowles is a really bad plan, one that would undermine some key pieces of our safety net. And if a re-elected president were to endorse it, he would be betraying the trust of the voters who returned him to office. ...Paul Krugman, NYT
So reelecting President Obama isn't the solution to all our problems. But a change in the political environment that has been a feature of this presidential campaign and the possibility that Obama will be back in office, is a significant step towards rescuing FDR's legacy of fairness and some semblance of equality from Republican's harsh division of America into rich and poor. And the rescue depends on Barack Obama.
... There’s no mystery about why Simpson-Bowles looks the way it does. It was put together in a political environment in which progressives, and even supporters of the safety net as we know it, were very much on the defensive — an environment in which conservatives were presumed to be in the ascendant, and in which bipartisanship was effectively defined as the effort to broker deals between the center-right and the hard right.Barring an upset, however, that environment will come to an end on Nov. 6. This election is, as I said, shaping up as a referendum on our social insurance system, and it looks as if Mr. Obama will emerge with a clear mandate for preserving and extending that system. It would be a terrible mistake, both politically and for the nation’s future, for him to let himself be talked into snatching defeat from the jaws of victory. ...Krugman, NYT
Certainly one seemingly minor change needs to be made in the way we talk about what Republicans see as the heavy costs of the social safety net. When they talk about "entitlements," they're really avoiding talk about the constantly rising costs of health care and the profit-motive-turned-fraud in commercialized health care. We need to focus on the rising costs as part of the effort to develop an equitable healthcare delivery system -- a healthcare system available to all.
America does not have an “entitlements problem.” Mainly, it has a health cost problem, private as well as public, which must be addressed (and which the Affordable Care Act at least starts to address). It’s true that there’s also, even aside from health care, a gap between the services we’re promising and the taxes we’re collecting — but to call that gap an “entitlements” issue is already to accept the very right-wing frame that voters appear to be in the process of rejecting. ...Krugman, NYT
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Krugman, at his blog, is even more explicit about his fear of Simpson-Bowles and the likelihood of it being adopted.
You know what will happen if the expected result materializes and Obama is reelected: all the Very Serious People will clamor for him to return to the pursuit of a Grand Bargain, built around S-B.
So, a public service reminder: Simpson-Bowles is terrible. It mucks around with taxes, but is obsessed with lowering marginal rates despite a complete absence of evidence that this is important. It offers nothing on Medicare that isn’t already in the Affordable Care Act. And it raises the Social Security retirement age because life expectancy has risen — completely ignoring the fact that life expectancy has only gone up for the well-off and well-educated, while stagnating or even declining among the people who need the program most.
Yes, I know, inside the Beltway Simpson and Bowles have become sacred figures. But the people doing that elevation are the same people who told us that Paul Ryan was the answer to our fiscal prayers. ...Economics and Politics
Comparing Obama to FDR is a stretch too far for me, PW, especially when I can vote for an actual New Deal candidate.
Posted by: PDiddie | October 01, 2012 at 06:33 AM
I don't think that's what I wrote, PD. Already by the late '60's, the right was gunnin' for every change FDR ever made. Obama, someone who in better times (before the Republican party became radicalized) would have been seen as a moderate Republican. He is far from FDR in many ways but Obama/the Democrats, FDR social safety-net caretakers, are the target for the right looking to undo social policy and "judicial activism."
So no uncomfortable stretch required! Have you seen or read Mickey Edwards' latest book on the two parties?
Posted by: PW | October 01, 2012 at 07:59 AM
GWB -- and Billy Tauzin -- expanded Medicare to include a prescription drug benefit for seniors. So I take polite exception to "the right was gunnin' for every change FDR ever made".
Of course I understand the profit motivations behind Part D, as well as remaining in agreement with your general premise.
Obama had the opportunity -- beginning in late January 2009 and for a few months or two years, depending on who you believe -- to do something about rapidly escalating unemployment. As with single payer universal health care (oops, make that a public option) he declined to join the fray in fighting for it. Obama seems to prefer saving his political capital for a rainy day rather than occasionally spending it.
Not exactly Keynesian.
Here's where someone might quote FDR's "make me do it" line.
Will Google Mickey Edwards, but it will have to wait until after the first week in November to be read.
Posted by: PDiddie | October 02, 2012 at 07:29 AM
If we weren't conversing in tiny little boxes but instead over a beer, we'd see eye to eye on this. First, let's keep "the right" distinct from GWB (look at his environmental record, his dependence on blithe criminality) and "FDR" distinct from Obama moderate (and convenient) Republicanism.
Sounds like you're up against the clock as I am. Yesterday, two (looked like) 14-year-olds came and hooked me up to ViaSat so I now have literally ten times the (sat)speed I had yesterday a.m. Which makes being online a lot crisper, more stable. But what does it do for me? Nothing really. I still have to feed the deer, change the lightbulb on a fixture 10' up, make sure the cows stay out of where they're supposed to stay out of, and drive all the way into the next county for 1 prescription.
Posted by: PW | October 02, 2012 at 08:59 AM
Obama seems to choose saving his governmental investment for a stormy day rather than sometimes investing it. Not exactly Keynesian.
Posted by: BURG MOBILE | October 03, 2012 at 01:35 AM