Monday, April 23, 2012

News of the Day

1. A new editorial by Paul Krugman contends that Mitt Romney is banking on the collective amnesia of the American People. In particular, Romney has been attacking Obama for lousy job growth, a slow economic recovery, etc, etc. What Romney has not mentioned is that many of the things he is criticizing Obama for are things that were facilitated or that occurred during the Bush administration.

2. A piece by Frank Rich delves into the donors to political campaigns and how the Citizens United ruling has reshaped our election system. When it was passed, the majority opinion of the SC was that limitless money from anonymous donors would have no direct impact on the integrity of our elections and would not even create the appearance of corruption. They may have underestimated humanity with this one...

3. Mitt Romney is making waves all on his own, too. Today, he agreed with President Obama's plan to keep student loan interest rates at their current level. The plan will mean easier rates for new grads to deal with, especially good news since some new numbers show recent grads have a 50/50 shot at being unemployed or underemployed after leaving school.

4. Scott Walker has once again added fuel to the recall fire by repealing Wisconsin's Equal Pay Law which makes it easier for women to sue for discrimination in the workplace. Walker, who has made a number of questionable decisions and has been a major target for the Left, has once again proven that there is no level to low for some politicians to sink.

4 comments:

samp said...

One quick comment regarding the first item on your list:

Will the Obama administration ever take ownership for anything? Or, more likely continue find excuses for everything wrong blaming especially the Bush administration. Damn, sooner or later this guy has to stand up and take it and stop using everything/everyone else as the cause of the problems. I won't hold my breath, after all it's an election year and there is no way this president can run on his record or lack thereof. Not very Presidential.

Chain-thinker said...

@Samp, if you read the article by Krugman, he does criticize the administration for not doing everything it could, for ignoring jobs to focus on deficit reduction, and for the kind of pretending that you are talking about. It's true that Obama has not done everything he could have to help the economy, but he's done a great job according to any learned economist.

samp said...

I would have to change your "any" learned economist to "many"....just sayin. What promises has Obama kept that he "guaranteed" during the campaign? He had both houses of Congress for a full year and still to this day there has been no budget passed, i.e. one of the main functions of Congress. None. I three years. I know, I know, the GOP blocks em...how do you explain no budget when both houses of congress and the President were of the same party? He even had to buy Dems to get Obama care shoved up our.....

Chain-thinker said...

You're absolutely right that Congress failed to pass a budget. However, Obama has kept many promises that were made during his campaign. Here's a link to a list of the promises he made and the outcomes:

http://www.politifact.com/truth-o-meter/promises/obameter/

Obama has not been the perfect President, but he's done well in some areas, particularly the economy and on jobs. Things aren't going to be rosy and wonderful after a major recession like the one we're still fending off, but at least we're getting back on track.