Barack Obama was straight-talking about the economy yesterday. It was further demonstration that Barack Obama will and should be the next president of the US.
By contrast, in her best Jim-Gilmore imitation, Hillary Clinton argued for her simplistic quick-fix--a gas tax holiday. Along the way, Hillary took on economists, 150, of them, including three Nobel Laureates, as as merely "elite" to be ignored. Here's the letter they wrote. As Robert Reich said:
I am not suggesting economists have all the answers. But when economists tell a president or presidential candidate that his or her idea is dumb and when all respectable economists around America agree it's a dumb idea--it's probably wise for a president or presidential candidate to listen.
But it was worse than that. She she tried to blame the economists opposing a gas tax holiday, several of whom actually worked in the Bill Clinton administration, for the economic ills of the Bush administration. She blamed 150 economists, most of whom were resoundingly ignored during these past seven years, while a small group of radicals shaped our government's version of disaster capitalism. Those who were ignored these many years of Bush economic chaos are not the problem here. But Hillary is sounding more and more as though she might be.
Here's the transcript. She was asked by George Stephanopoulos why she supported the gas tax holiday when she and McCain, support it but most economists do not.
STEPHANOPOULOS: Economists say that's not going to happen. They say this is going to go straight into the profits of the oil companies. They're not going to actually lower their prices. And the two top leaders in the House are against it. Nearly every editorial board and economist in the country has come out against it. Even a supporter of yours, Paul Krugman of The New York Times, calls it pointless and disappointing.Can you name one economist, a credible economist who supports the suspension?
CLINTON: Well, you know, George, I think we've been for the last seven years seeing a tremendous amount of government power and elite opinion basically behind policies that haven't worked well for the middle class and hard-working Americans. From the moment I started this campaign, I've said that I am absolutely determined that we're going to reverse the trends that have been going on in our government and in our political system, because what I have seen is that the rich have gotten richer. A vast majority -- I think something like 90 percent -- of the wealth gains over the last seven years have gone to the top 10 percent of wage earners in America.
STEPHANOPOULOS: But can you name an economist who thinks this makes sense?
CLINTON: Well, I'll tell you what, I'm not going to put my lot in with economists, because I know if we get it right, if we actually did it right, if we had a president who used all the tools of the presidency, we would design it in such a way that it would be implemented effectively.
Now, look, I have long-term plans too. I mean, it's a misnomer to say this is all that I'm doing. It's not. I have a comprehensive long-term energy plan that would go right at dependence on foreign oil. We've got to undermine this incredible addiction that we have. We use more foreign oil today than we did on 9/11. That is a disaster for America.
Disaster, indeed. Is she really saying we need more seat-of-the-pants judgment ala George W. Bush? Here's Reich again:
In case you've missed it, we now have a president who doesn't care what most economists think. George W. Bush doesn't even care what scientists think. He rejects all experts who disagree with his politics. This has led to some extraordinarily stupid policies.
Despite conflicting prognostications from different schools of economics, dissing the entire body of mainstream economics serves no good purpose (unless you are Virginia Centrist on a rant over at Kos).
Let's explore this HRC campaign tactic for a moment. Hillary, a political elite, cultural elite, and even income elite herself, had dissed, with one stereotypical brush, a whole group of people. (The irony of a policy wonk, such as Hillary, talking like this has not been lost on me. The Hillary of Renaissance Weekends and high-flung expert friends disses intellectuals for public consumption!) Does anyone believe that Hillary Clinton, with an ex-president for a spouse, is anything but a living, breathing elite?
However, the subtext is to create antipathy here not just for the rich, but for academics and intellectuals. Notice she did not say, "rich." This is a striking tack for a Democrat to take because it is too reminiscent of Spiro Agnew.
The Democratic Party has long melded a coalition of working class Americans (across races)along with intellectuals. It took for Nixon and Reagan to break that coalition up by invoking hot-button issues. This is no time to destroy a new coalition still in the process of being fully formed.
This Sunday, it was a study in contrasts. We had Barack Obama sounding informed and presidential. He succinctly explained the complex and interactive effects of cutting the gas tax on everything from energy, roads, employment, etc. He's sounding like he gets it and can make it clear to Americans why a gas tax holiday is the wrong thing to do. And there was "Hillary attacking "elites." As one blogger (flpoljunkie)over at Democratic Underground put it:
"There are no more sharks left for Hillary to jump."
And it's curtains for the sorry performance on This Week and the campaign. The media, most of it anyway, except for Chuck Todd, are keeping the myth of a "horse-race" alive for fun and profit. Not unless Hillary won more than 61% of all remaining delegates and 61% of all super-delegates would she possibly win this. That scenario won't happen. And thus, it is over. Onward to real solutions for America. One can hope...
As of the most recent polls, despite all the hoopla, tomorrow's not going to change much of anything.
The six pollsters who did best in Pennsylvania were, in order of accuracy:
1) Quinnipiac
2) Suffolk
3) ARG
4) SurveyUSA
5) Zogby
6) Rasmussen
Quinnipiac isn't polling Indiana or North Carolina. Suffolk is not polling North Carolina.
Indiana: Clinton/Obama
1) Quinnipiac n/a
2) Suffolk 49/43
3) ARG 53/45
4) SurveyUSA 54/42
5) Zogby 44/42
6) Rasmussen 46/41
North Carolina: Clinton/Obama
1) Quinnipiac n/a
2) Suffolk n/a
3) ARG 42/50
4) SurveyUSA 45/50
5) Zogby 40/48
6) Rasmussen 40/49
The polling burst on North Carolina is tighter and therefore/maybe/perhaps is more accurate. The low spread is 5 and the high spread is 9. The average of the 4 pollsters polling North Carolina has Obama winning it by 7.5%.
But with Indiana, two of these six heretofore accurate pollsters are way off. How can that be? Zogby has a 2 point spread and SurveyUSA has a 12 point spread. If those two outliers are thrown out, the three remaining spreads are 5, 6 and 8 for an average Indiana win by Clinton of 6.33%.
North Carolina has 115 pledged delegates and Indiana 72.
Based on the averages, Obama gets 62 delegates in North Carolina and 34 in Indiana. Clinton gets 53 in North Carolina and 38 in Indiana. (Yes, the Democratic rules for apportioning delegates are more arcane than this.)
So, for the day, Obama's haul will be 96 pledged delegates and Clinton 91 pledged delegates.
Net net: Obama widens his lead by 5 pledged delegates.
I understand the rationale behind the tactic, given the polling and voting patterns, and before Ohio I would not have minded as much. Back then, when she had the possibility of capturing 60+ in Ohio and Pennsylvania, this race was very much up in the air, IMHO. Clinton still had a legitimate shot at winning.
Now, she does not, unless of course Obama is found in bed with the proverbial live boy or deal woman. So what if she breaks 60 points in Indiana, West Va. and Kentucky. None of those states figure in the Democratic path to victory, anyway.
And taking Kathy's math at face value, the probability that in the absence of some compelling scandal 60+ of the super-dels are going to break for her is practically nil.
If I were Clinton, I'd be planning my exit strategy right now to accomplish the following:
1. Maintain my viability as a presidential candidate in 2012 (should Obama lose) or in 2016, should he win, by doing everything possible to heal the rift in the Democratic party, and to elect Obama and other Democrats to office.
2. Promote my husband's legacy by doing everything I can to heal the rift in the Democratic party.
3. Do what I do best: raise money for Democratic candidates. In VA-05, for example.
4. If I can't see running for President again, figure out what I do want to do, because come Wednesday morning, I'm going to be in the best position I'll ever be in to choose my future.
Aznew, I know this is your candidate and you believe in her, but I must admit I cannot stand her for what she has done to the Democratic Party. She has manipulated the truth, distorted reality, attacked Obama's character, and worst of all (for me at least) she has exploited cultural and racial misunderstandings to score political points. I believe that healing racial divisions and having valued character traits are far more important than winning an election. I will not support a candidate who believes and/or behaves otherwise (especially with regard to the first point). This is why I will not vote for John McCain. It is why I have avoided MSNBC and CNN (don't watch Fox News anyway) as they sensationalize a story that could have profound implications for the state of race relations in this country. This is why I cannot see myself voting for Hillary Clinton in November.
I know there are a lot of people out there who feel the same about Obama. I know there are some who think I am being rash, stubborn, and counterproductive, but this is honestly how I feel. I sincerely believe that if I vote for Hillary Clinton I will validate her tactics. Through my vote, I feel I would be sending the message that it is acceptable to manipulate the electorate and exploit race divisions to win an election if I voted for Hillary. I cannot compromise on my values this year. I believe the American public has compromised a lot in the past and quite frankly I am not at all satisfied with the results.
Anyway, the time for that argument seems past to me (assuming no huge upset tonight). And my point was that we not depend upon Clinton's level of class or decency for her to do this stuff. Rather, it is in her self-interest to do it.
Torpedoing Obama in the general out of spite is not in Clinton's interest.
That said, you are right. Hillary would have a much greater chance of carrying the state than Obama.
This performance clinches unsavory rumors I have heard: that the Clintons want so to weaken Obama that he may win the nomination but cannot win the election, enabling Clinton to return in the next cycle and win the whole enchilada. Assuming, of course, that there is another election, that she has not destroyed the Democratic Party with her shenanigans, that no other rival rises to frustrate her "entitlement" in the meantime, and that the Republicans do not select such a strong vice-president for McCain that he can succeed the aging flyboy President.
If she really wants to have a shot at the presidency, she will work hard for Obama and set her sights of 2016, when she will be 69 or 70, or should Obama lose anyway, in 2012.
He's said this repeatedly.
www.barackobama.com
But here's a little bit.
Obama: Economy and Energy
First what he would not do. Obama would not use the short-term quick-fix Hillary proposes because she's spent the windfall profits tax already. Furthermore, the approach would only yield apx $28 per household. But it would end up hurting the transportation fund and therefore cost highway construction jobs-and needed road improvements. AND, George W. Bush would never pass a windfall profits tax, so Hillary is posturing before the primaries. See interview for more on this.
MR. RUSSERT: Why are you against giving taxpayers in Indiana, North Carolina, a relief from federal gasoline tax this summer?
SEN. OBAMA: You're right, Tim, this defines, I think, the difference between myself and Senator Clinton. This gas tax, which was first proposed by John McCain and then quickly adopted by Senator Clinton, is a classic Washington gimmick. It, it is a political response to a serious problem that we have neglected for decades. Now, here's, here's the upshot. You're looking at suspending a gas tax for three months. The average driver would save 30 cents per day for a grand total of $28. That's assuming that the oil companies don't step in and raise prices by the same amount that the tax has been reduced. And, by the way, I have some experience on this because in Illinois we tried this when I was in the state legislature, and that's exactly what happened. The oil companies, the retailers were the ones who ended up benefiting.
MR. RUSSERT: You voted for it, too.
SEN. OBAMA: I did. Exactly. And that...
MR. RUSSERT: When gas was only $2 a gallon.
Now he would:
--use a general economic stimulus package, including a middle class, tax cut to better assist the middle class.
-- Reduce consumption through investment in energey efficient technologies and building the green manufacturing base to support it.
--Greater emphasis on fuel efficiency. He chided Hillary (and McCain) for not standing up on greater fuel efficiency standards and ceding the fuel efficient auto business to foreign manufacturers. Strengthening our manufacturing position would bring jobs. Fuel efficient cars reduce cost of fuel as well (supply/demand).
--pass a windfall profits tax in the long run (but not pretend one can pass with Bush's signature this summer).
--transition ethanol to cellulose or other products to move away from corn.
--More R and D and use of alternative fuels.
There's a better, more complete look at his website: Note that for a better picture, the economic and energy issues interact, so you have to look at both. Personally, I'd like to see an even more aggressive energy platform, but Obama's approach is more comprehensive than Hillary's, IMHO.
Here are the links:
Make sure to scroll down to the bottom.
http://www.barackobama.com/iss...
http://www.barackobama.com/iss...
Here's the Russert Interview:
With Hillary it was all business. She avoided the character assassination and innuendo of previous appearances' disparagements of Obama. But she did one more time say ABC should talk to Obama about whether he passes the so-called Commander-in-Chief bar). When pinned down, she relented, and admitted, yes, he does meet that so-called bar.
But the whole tenor is still extraordinarily lopsided. And do not even get me started on John McCain's coverage. We'll all have to unpeel that onion of mythology in coming months.
The media should hang their collective heads in shame.
While it is possible that we could drill safely in Alaska (there are technologies which can do this), this would only be a temporary solution as demand for oil will still outstrip supplies in the long term.
1. Based in honest assumptions.
2. Based on consultations with experts, and made some sense.
Neither of these seem to be the case.
Oh well, as I lawyer, at least we're not being targeted, yet!