Mitt Romney is a quantum CEO, the Schrödinger’s Cat of private equity: From 1999 to 2002, he both was and was not the chief executive officer and sole owner of a powerful Bain Capital investment fund. After that period, Romney’s surrogates explain, he “retroactively” retired from this post. But, as Schrödinger’s famous thought experiment reminds us, just because you find a retroactively dead cat doesn’t mean he wasn’t previously simultaneously alive and dead.
The Great Debate
The surprise resolution of our national healthcare drama – the mandate is a tax! – has a kernel of solace for Republican partisans saddened by the constitutionality of Obamacare: The mandate is a tax! During President Obama’s 2008 campaign, he promised not to boost taxes on anyone who makes less than $250,000. Technically, the healthcare law now defies that promise.
Rupert Murdoch should never go on holiday. It only makes him grumpy. He returned last month from cruising on his yacht off the coast of Croatia looking for a scrap. When Steve Jobs invented the iPad, he could hardly have imagined the havoc caused by one crabby old geezer letting rip on Twitter. Murdoch, a genius with the snappy tabloid headline, didn’t need all 140 characters to reduce Romney’s campaign to toast. “Tough O Chicago pros will be hard to beat unless [Romney] drops old friends from team and hires some real pros,” he wrote, adding the fatal one-word zinger: “Doubtful.”
So the Supreme Court has upheld most of the Affordable Care Act as constitutional. As someone who supports universal healthcare, who has lived most of his life in the UK, which has an admirable national health service, and who believes affordable healthcare for all is the mark of a civilized nation, I say it’s too bad. It is a wretched piece of legislation: complex, expensive, incomprehensible – do you know anyone, even a health expert, who can tell you what it means in a single sentence – easy for the unscrupulous to manipulate, unpopular, and politically catastrophic for the president.
Whatever happened to George W. Bush? While 88-year-old George H.W. Bush still goes skydiving and chats about Justin Bieber with his granddaughter Jemma, the faux Texan who brought us two wars, waterboarding, an economic meltdown and record public borrowing is strangely missing. Just as well, you might think. What could he possibly say?
The political fireworks in Wisconsin, culminating in the recent unsuccessful recall election of the Republican governor, Scott Walker, have a lot of people saying good riddance to public-sector unions. Last year, Walker and the Wisconsin state legislature enacted Wisconsin Act 10, stripping most – though crucially not all – of the state’s public unions of their most fundamental powers, including collective bargaining and the ability to deduct dues from workers’ paychecks. Many observers – and not only Republicans – have signaled their approval, arguing that public unions – representing teachers, bus drivers, healthcare workers – shouldn’t exist in the first place.
The brewing controversy over leaks of classified information presumes that disclosures of classified information to unauthorized persons are always impermissible and undesirable. But that presumption does not correspond precisely to the reality of government operations as they are conducted in practice.
If the U.S. Supreme Court decides later this month that President Obama’s healthcare plan is unconstitutional, most Republicans will be rejoicing. But none more so than Mitt Romney, who has made revoking the Affordable Care Act a principal plank of his platform. The Court will have saved him from having to explain an embarrassing batch of recently discovered confidential emails from the time he was governor of Massachusetts.