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Yglesias

Time for a Time Out

As he got his presidential campaign going, John McCain wound up flip-flopping on several crucial issues saying he would vote against his own immigration bill, repudiating his record on taxes to embrace Bush’s record, etc. But lately the campaign just seems to be off the rails, and unable to decide what McCain’s stance is on various topics. For example, McCain and McCain’s spokesman can’t agree on whether or not increasing the payroll tax cap should be “on the table” in terms of changing Social Security. It’s a point McCain has gone back-and-forth on many, many times over the course of the campaign.

Similarly, just yesterday we had McCain surrogates suggesting that McCain was going to abandon his support for cap and trade. Is he? Maybe with the Olympics coming up and the expected attendant lull in campaign coverage, Team McCain can slow down and huddle for a couple of weeks in Arizona to just go down the checklist and figure out where they stand on these issues. Hold some conference calls. Something. Is it possible that if McCain knew how to use email that he could maybe send some remarks out and get everyone on the same page?

Yglesias

Overreading

Chris Bowers proclaims that if Barack Obama picks Tim Kaine as his VP nominee that “would also signal that Obama has no intention to govern as a progressive” whereas “by contrast, Obama / Sebelius would be fine, and Obama / Dodd would be exciting.” This seems to me to be reading way too much into the VP selection. Ronald Reagan’s selection of George H.W. Bush much more presaged Bush becoming a conservative than Reagan becoming a moderate.

The best guide to how Obama intends to govern isn’t who he picks as VP, it’s the stuff he’s said about how he intends to govern and what he hopes to accomplish. That’d put him to the left of the Clinton-Gore era of the Democratic Party but to the right of the Open Left vision of where the party ought to be, and that’ll still be the case no matter who Obama picks.

Politics

O’Reilly: Richest 1% would have to finance ‘folks who…smoke reefers 24/7.’

or.gifToday, in a Washington Times op-ed, Bill O’Reilly complains that if President Bush’s tax cuts “on those making $250,000 or more” are repealed, “me and other rich folks” would have to finance “folks who dropped out of school, who are too lazy to hold a job, who smoke reefers 24/7.” He adds, “I am part of the 1 percent of Americans that paid an astounding 40 percent of all federal income tax in 2006,” But, as the Wall Street Journal recently noted, “the average tax rate of the wealthiest 1% fell to its lowest level in at least 18 years.” The Wonk Room has more here.

Economy

O’Reilly: Top 1% Would Have To Finance ‘Folks Who…Smoke Reefers 24/7′

Today, in a Washington Times op-ed, Bill O’Reilly complains that if President Bush’s tax cuts “on those making $250,000 or more” are repealed, “me and other rich folks” — who as “part of the 1 percent of Americans that paid an astounding 40 percent of all federal income tax in 2006″ — would have to finance “folks who dropped out of school, who are too lazy to hold a job, who smoke reefers 24/7“:

That means people who drink gin all day will get some of my hard-earned money. Folks who dropped out of school, who are too lazy to hold a job, who smoke reefers 24/7 all will get some goodies in the mail from UncleBarack and Aunt Nancy, funded by me and other rich folks.

O’Reilly’s characterization of the 99% of Americans who earn less than $250,000 a year notwithstanding, his argument that the richest Americans are overburdened by taxation is demonstratively false. According to Internal Revenue Service data, “the share of income reported by the very wealthy has risen faster than the group’s share of income taxes.”

In fact, “the average tax rate of the wealthiest 1% fell to its lowest level in at least 18 years,” allowing the wealthiest 1% of Americans to garner “the highest share of the nation’s adjusted gross income for two decades, and possibly the highest since 1929.” The “average tax rate in 2006 for the top 1%, based on adjusted gross income, was 22.8%,” down from “28.9% in 1996, and…24% in 1988″:

richtaxes.gif

Politics

ABC: Without ‘creative White House accounting,’ Bush’s deficit is actually $600 billion.

Yesterday, the White House “increased its estimate for next year’s deficit to nearly $490 billion, a record figure that will saddle the next president with deepening budget problems in his first year in office.” But, on ABC News’s Good Morning America today, Claire Shipman reported that the deficit is actually much higher because “creative White House accounting” didn’t include the war, the unemployment costs, Medicare fees, or the housing bill in its calculations. If those numbers are included, it brings “the grand total to about $600 billion.” Watch it:

To illustrate how big the deficit is, Shipman explained: “If every American were to pitch in 2,000 dollars, we could pay off this year’s deficit. Or if we handed over each of us 500 gallons gasoline. Or, in terms we can all really understand, if every American gave up 666 lattes for a year.”

Climate Progress

Note to media: Are you going to allow McCain to just make up stuff on oil drilling?

I don’t really see how there is any serious prospect for solving either our energy security problem or our climate problem if the traditional media doesn’t do any policing whatsoever of statements by major politicians. Here is McCain yesterday:

… it will be vital that we continue oil production at a high level including offshore drilling. Now, the briefings that I have had with the oil producers, there are some instances that within a matter of months, they could be getting additional oil.

Standing in front of a large California oil drill, in what appears to be filming of a new movie, There Will Be Lies, McCain went so far as to say:

But there’s abundant resources in the view of the people who are in the business that could be exploited within a period of months. So offshore drilling is something we have to do.

Okay, I can understand why he believes whatever stuff the oil producers make up — they are lining his pockets now. And I understand the three reasons that McCain would lie to the public:

Read more

Yglesias

Awakening Leader: Your Money or Your Life

I didn’t see this AFP story last week:

The Iraqi officer leading a U.S.-financed anti-jihadist group is in no mood for small talk — either the military gives him more money or he will pack his bags and rejoin the ranks of al-Qaeda.

“I’ll go back to al-Qaeda if you stop backing the Sahwa (Awakening) groups,” Col. Satar tells U.S. Lt. Matthew McKernon, as he tries to secure more funding for his men to help battle the anti-U.S. insurgents.

This, I think, does more than a little to underscore the limits of the “bribe our former enemies to be our friends” approach to Iraq. Of course, though the limits are real so are the possibilities. If keeping these guys on the payroll indefinitely were really crucial to American national security, I’m pretty sure we could find a way to work things out for quite a while. But it really isn’t crucial to American national security. Having insurgents not shooting at US troops is much preferable to the previous situation, but insofar as the safety of our soldiers is the primary concern then getting the soldiers out of Iraq is a much more reasonable long-term strategy.

The “cash for allies” approach makes sense as a way to make a military presence more sustainable in a place where the presence is strategically important. But for some time now, the main strategic purpose of our presence in Iraq seems to be simply to sustain our presence in Iraq. That’s not a good enough reason.

Politics

McCain Spokesman: John McCain Doesn’t Know What He’s Talking About On Social Security

On Sunday, ABC’s George Stephanopoilos asked Sen. John McCain (R-AZ) about his plans to fix Social Security. McCain said repeatedly that “everything has to be on the table” regarding possible reforms — including a payroll tax increase:

STEPHANOPOULOS: So, that means payroll tax increases are on the table, as well?

MCCAIN: There is nothing that’s off the table.

The comments drew a “sharp rebuke” from the Club for Growth, who wrote McCain a letter calling the comments “shocking because you have been adamant in your opposition to raising taxes under any circumstances.” In fact, just last year McCain explicitly told the National Review that he refused to consider any sort of tax increase. He also told ABC’s George Stephanopoulos, “No new taxes.”

Trying to stymie the conservative blow-back over his boss’s recent comments, McCain spokesman Tucker Bounds insisted to Fox News this morning that the senator hadn’t really been speaking for the campaign. When Fox host Megyn Kelly insisted Bounds stop “waffling” and answer whether a tax increase was “on the table,” Bounds replied, “No”:

KELLY: Might the Social Security tax go up? Is that on the table?

BOUNDS: No, Megyn, there is no imaginable circumstance where John McCain would raise payroll taxes. It’s absolutely out of the question.

Watch a compilation:

Kelly remarked that Bounds seemed to be promoting a different opinion from his candidate. When Bounds said that he agreed with Holtz-Eakin, Kelly interjected, “But you’re guy doesn’t agree with him.” “No,” Bounds seemed to admit.

As Igor Volsky documents in the Wonk Room, McCain has gone back and forth a number of times on the issue of increasing the payroll tax. The truth is that lifting the current cap is the fairest way to help shore up the finances of Social Security.

Digg It!

Update

This is the third time this week that the McCain’s advisers has suggested that McCain himself isn’t speaking for the campaign or doesn’t understand his own policy.


Update

,In a March 16 interview with Fox News’ Sean Hannity, McCain said he would cut taxes where possible, and not raise them.

“Do you mean none?” Hannity asked.

None,” McCain replied.

Yglesias

Osama in Pakistan

John McCain is asked whether he would order US forces to strike Osama bin Laden in Pakistan if they had a read on his location, and he bizarrely doesn’t commit to doing so citing Pakistani sovereignty as his concern. That seems a bit odd to me; it’s well-known and well-understood (though perhaps not by McCain) that the Pakistani government doesn’t exercise effective control over significant swathes of its nominal territory and that this is a large part of the problem of al-Qaeda hideouts there.

Under the circumstances, Pakistani sovereignty can’t be your top concern. The legitimate hesitation (though perhaps not the thing to say during an election) I would have before blasting away at OBL would have to do with collateral damage. Killing or capturing bin Laden would be an excellent thing to do, but with any of these targets it’s probably more important to check first and make sure you’re not also going to blow up a school bus or something as you go after the main target.

Politics

White House press corps hasn’t asked Perino about DOJ politicization.

Desipite yesterday’s explosive report confirming that top Justice Department officials, including Monica Goodling and Kyle Sampson, had violated federal law, the White House press corps has not asked White House press secretary Dana Perino a single question about it. Both yesterday’s and today’s press briefings included no discussion of the report, nor a question on whether Attorney General Mukasey would follow through on a criminal perjury referral from Congress.

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