If you think of the current presidential campaign as a movie, the economy, by all rights, should have pre-empted most of the drama and handed the lead role to the lantern-jawed financier. The movie would have told of a decent man, so unflappable that he never broke a sweat, who tried his best but couldn’t work his will on the world and make things right. Into that void, walked Republican nominee Mitt Romney, who vowed that he had the experience and strength to turn things around.
The Great Debate
During the 2008 campaign, presidential candidate Barack Obama made a pledge to raise the minimum wage to $9.50 per hour by 2011. Promises like this one inspired a generation of young voters, excited long-neglected progressive voters and gave hope to millions of his supporters across the country.
On Wednesday, President Obama declared his evolution complete. In an interview with ABC News he said: “At a certain point I’ve just concluded that for me personally it is important for me to go ahead and affirm that I think same-sex couples should be able to get married.”
Americans believe in second chances. The oral arguments before the Supreme Court last week were a rare opportunity to dispassionately re-examine the divisive healthcare debate of two years ago. What happens if, after the smoke clears, we get a second chance at healthcare reform?
Mitt Romney alone can no longer be saddled with the label of most obvious flip-flopper among this year’s presidential candidates. That honor instead belongs to Barack Obama, whose 180 on the Keystone XL pipeline construction last week was sufficient to induce whiplash among oil industry executives and green advocates alike.
By now the facts are well-known: Trayvon Martin was a 17-year-old young black man who, on Feb. 26, 2012, was walking home from a 7-Eleven in Sanford, Florida, with a bag of Skittles and a bottle of iced tea. George Zimmerman, a neighborhood watchman of white and Latino heritage, though advised by police not to pursue Trayvon himself, got out of his car carrying his 9-millimeter handgun. Allegedly after some confrontation, Zimmerman shot Trayvon dead.
Listening to a newly populist President Obama or to Mitt Romney, who touts his CEO past at every turn, it is tempting to imagine a 2012 election that unfolds as textbooks imagine, with Republicans speaking for business and Democrats standing up for the little guy. Don’t be fooled. A more accurate reading of the contest features two elite candidates who represent different wings of the 1 Percent – a group increasingly divided over economics and the role of government.
In October 2011, National Journal surveyed energy experts about whether Obama was likely to approve the Keystone XL pipeline, which would carry Canadian tar-sands oil through the U.S. to the Gulf of Mexico. Ninety-one percent of the “energy and environment insiders” believed he would.
The following is an excerpt from a speech Alan Krueger, chairman of President Obama’s Council of Economic Advisers, gave at the Center for American Progress on Thursday. The full text is available here.