February 8: He's Got That Super Base

Feb 8, 2012Tim Price

daily-digest-150 What you need to know to navigate today's most critical debates.

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The Sad Spectacle of Obama’s Super PAC (Robert Reich)
Robert Reich writes that President Obama never really occupied the high ground on campaign finance, but officially endorsing his own super PAC is the equivalent of diving into the mud pit headfirst and inviting everyone else to come for a swim.

Obama’s Super PAC: Using the System to Fight the System (New York)
Jonathan Chait argues that although some might find Obama's super PAC concession disappointing, it's not hypocritical for him to say he wants campaign finance reform while still using every weapon that's currently in his arsenal. Hope, change, etc.

Keep pushing on jobs, Mr. President (WaPo)
Katrina vanden Heuvel thinks one of the most positive signs from January's jobs report is that the president didn't just take a victory lap and file it under "good enough for reelection."

The Case For Economic Optimism, From A Leading Pessimist (NPR)
Dean Baker makes the case that while pessimists have had good reason to be skeptical about the recovery, the economy is now strong enough that worrying about a double-dip is setting the bar so low they might just trip over it.

To Senators, Bernanke Defends the Fed’s Dual Objectives (NYT)
Testifying before the Senate Budget Committee, Ben Bernanke clarified that the Fed's mandates to fight inflation and achieve full employment are still equally important, even if one of them is currently focused on an imaginary problem.

Click here to buy Senior Fellow Richard Kirsch’s new book on the epic health care reform battle, Fighting for Our Health.

Meet the Obscure Federal Regulator Who’s Not Helping Homeowners (ProPublica)
As an independent regulator and acting director of the FHFA, Edward DeMarco has the power to help or hinder the Obama administration's mortgage relief efforts, and so far he's been a pretty big fan of hinder. He's got the hindering thing down pat.

The Post Office Is Not Broke (The Nation)
John Nichols explains that despite Congress's desire to take a hatchet to the U.S. Postal Service, the agency's biggest challenge is that the GOP has forced it to do such a good job of funding future benefits that it can't afford current operations.

We’re More Unequal Than You Think (NYRB)
Andrew Hacker reviews four books that argue America's problem isn't some kind of natural social and economic division between rich and poor, but that the rich have used the big old metaphorical pizza cutter of policy and taken all the good slices.

Tilting the Budget Process to the G.O.P. (NYT)
Bruce Bartlett notes that Republicans, who have long been frustrated by the CBO's insistence on acknowledging that tax cuts reduce tax revenue, want to justify their policies by implementing an alternative budgeting plan: Just pretend they don't.

How Romney would tax us (Reuters)
David Cay Johnston looks at the Republican sort-of-frontrunner's plan for jobs and growth and finds that it follows a simple framework: From those who have the least to give, much is expected, and to those who have the most, much is given.

With additional research by Roosevelt Institute intern Elena Callahan.

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