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Economy

Why Romney Shouldn’t Let Former Bush Economists Issue Statements On Jobs Day

Our guest blogger is Gadi Dechter, Managing Director of Economic Policy at the Center for American Progress Action Fund.

Faced with an inconveniently robust jobs report today, the Romney campaign trotted out economic adviser Glenn Hubbard to pooh-pooh it. But Hubbard, a supply-side economist who was George W. Bush’s first chief economist and the architect of the Bush tax cuts, is an odd choice for this assignment, since any criticism he makes is undermined by the clear failure of his own policies in comparison with those deployed by Obama.

“Today’s unemployment numbers only further underscore the fact that President Obama has failed to fulfill his promise to the restore the strength of our economy,” said Hubbard in a statement released after the Labor Department showed unexpectedly strong October gains of 171,000 new jobs, and upward revisions for jobs created in August and September.

But if the Obama recovery, described by the New York Times today as showing “persistent economic growth,” is a failure, how would Hubbard describe the performance of the U.S. economy when he was whispering economic advice into the president’s ear — as he apparently hopes to do again?

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NEWS FLASH

Living In Close Proximity To A Bar Could Encourage Risky Drinking | After tracking nearly 55,000 Finnish adults over the course of seven years, researchers in Finland found that the subjects who moved closer to bars were more likely to increase their alcohol consumption. In fact, when a person moved just about half a mile closer to a bar, their odds of becoming a what the researchers defined as a “heavy drinker” rose 17 percent. The pattern also held in cases when, rather than choosing to move to different homes closer to bars, subjects stayed put as new bars popped up closer to their current home. The lead researcher told Reuters that although they aren’t suggesting that mere proximity can turn people into risky drinkers, the increased risk levels were “notable.” Bar storefronts could act as implicit alcohol advertisements that help encourage people to drink.

Health

Indie Rapper Uses Online Crowd Sourcing To Raise Money For Transplant Operation

In a striking demonstration of the power of social media and the inadequacies of the American health care system, indie rapper P.O.S., whose real name is Stefon Alexander, has taken to the Internet to raise funds for a desperately needed kidney transplant operation and his subsequent recovery.

As Time reports, Alexander — who suffers from a chronic kidney disease — was successful in finding a kidney donor, but still lacked the money necessary to self-finance his operation and the long post-op recovery period it entails.

Lacking comprehensive health coverage, Alexander and his musical crew, Doomstree, turned to his fan base for help, creating a fundraising page on the social outreach website YouCaring.com. In the face of crushing medical costs and an unsteady income source, independent artists such as Alexander are no strangers to using crowd-based appeals to fill in the coverage gaps left by private insurance, according to Time:

Even though [Alexander] is insured, his insurance only offers minimal coverage designed for those with pre-existing conditions; his dialysis makes him eligible for Medicare too, which should cover the operation, but will leave him worrying about his care and living expenses. That worry is because ticketholders weren’t the only ones dealing with the fallout of the cancelled concerts: Alexander says that, because he doesn’t sell a huge number of records (his 2009 album Never Better hit No. 106 on the Billboard 200), he depends on live concerts to make a living. With the tour canceled, he has no way to pay for the care needed around the operation or for living expenses until he is able to tour again.

Doomtree’s use of online crowdfunding platforms is an innovative approach to the old tactic of benefit concerts and working with industry-based foundations. “This is nothing new,” says Neil Portnow, President and CEO of The Recording Academy. “This is a significant issue in the music community.” Musicians tend to have unstable incomes and not to think of themselves as small businesses that should insure the single employee. The community has long used nonprofits and DIY benefit concerts to funnel money from fans to artists in need—technology is just cutting out the middle man, the same way it has for artists who use crowdfunding to pay for recording their albums or going on tour. The Recording Academy also operates MusiCares, a foundation that assists musicians in emergencies (and which, says Alexander, gave him the idea that his fans and community might be a good safety net).

Although Alexander’s story serves as a reminder of the possibilities of technology and social networking sites, it is also reflective of a disconcerting trend in which some Americans are resorting to online crowd sourcing to pay off their medical bills due to a lack of affordable health insurance. And while the generosity of Internet strangers in such cases is touching, it is certainly not a consistent, sustainable, or defensible approach to covering Americans’ health care costs. It’s one thing to raise awareness of a musical tour or sponsor an album through the power of online communities — it’s another entirely to use them to pay for essential medical services.

Fortunately, Obamacare’s consumer protections that help extend access to health insurance to millions of additional Americans will go a long way towards making such desperate tactics unnecessary for self-employed and uninsured people. But until health costs for life-saving and chronic procedures come down to an affordable level, many Americans may still have to rely upon the kindness of strangers — and unfortunately, the vast majority of them won’t have automatic access to a loyal fan base like Alexander’s.

LGBT

Bangor Daily News Endorses Marriage Equality As ‘A Matter Of Fairness’

Though the National Organization for Marriage is desperately highlighting letters to the editor from Maine residents opposing equality, one prominent newspaper has taken a stand for equality. Today, the Bangor Daily News endorsed Question 1 for marriage equality, calling it “a matter of fairness” and “a matter of equality.” The editorial explains why the freedom to marry will not impinge on anybody’s religious beliefs:

Some people may understandably oppose gay marriage for religious reasons, but — while the church has played a long and important role in marriage — they should remember that marriage licenses are issued by the state.

They should also remember that no one is trying to change their beliefs. Clergy will not be forced to perform marriage ceremonies or bless gay couples. The legal freedom that protects clergy, allowing them the ability to choose whom to join in marriage, is the same legal freedom gay couples are seeking to be able to marry. Extending legal protections to the few does not hurt the majority.

The endorsement also notes that civil unions are insufficient recognition for same-sex couples, because marriage is the “most accurate representation” of “public recognition of the private love.” If equality passes in Maine next week, it will be the first time a state recognizes same-sex marriage thanks to a grassroots ballot initiative effort. The Bangor Daily News hopes that “voters affirm Maine as a place where people value the rights of all their neighbors equally.”

A poll last month showed that 56.6 percent of Maine voters will do just that.

Security

Mitt Romney Ignores Troops, Vets And Foreign Policy In ‘Closing Argument’ Speech

Mitt Romney delivered what he reportedly dubbed his “closing argumentspeech today in Wisconsin and while he rattled off a series of attacks on the Obama administration for various alleged failures, the former Massachusetts governor entirely ignored foreign policy. Actually not entirely. Romney did repeat his “wrongheaded” claim that he would label China a currency manipulator upon taking office, an idea that pretty much no one thinks is a good one.

It’s not entirely surprising that Romney had nothing to say today about veterans, the U.S. military, the war it is engaged in in Afghanistan or any other national security issue (recall he didn’t mention the troops or the war in Afghanistan in his RNC speech). He and his campaign has gone to great lengths to avoid talking foreign policy throughout the campaign. When he does, Romney sounds a lot like President Obama, at least he has since securing the Republican nomination for president. Before that though, Romney sounded more like Dick Cheney, which made sense because most of his foreign policy advisers are holdovers from from the George W. Bush administration.

Bush administration Secretary of State Gen. Colin Powell recently noticed this trend. “The governor who was speaking at the [presidential foreign policy] debate was saying things that were quite different from what he said earlier,” Powell said late last month while endorsing Obama for president, adding, “My concern which I’ve expressed previously in a public way is that sometimes I don’t sense he has thought through these issues as thoroughly.”

Obama delivered his “closing argument” speech yesterday, also in Wisconsin. “So long as I’m Commander-in-Chief, we will pursue our enemies with the strongest military the world has ever known,” he said. “But it’s time to use the savings from ending the wars in Iraq and Afghanistan to start paying down our debts here and rebuilding America.”

Election

Oregon County Elections Official Under Investigation For Ballot Tampering

The Clackamas County Elections Office is under investigation by the Oregon Department of Justice for possible ballot tampering, reports the Oregonian. A temporary election worker allegedly filled in a straight Republican ticket where voters had left blank preferences. It is unclear how many ballots were affected, but, as Blue Oregon notes, this is not the first time Clackamas County has come under scrutiny for foul play.

The state elections office has twice had to monitor the county elections office. In 2011, an elections director had to step in when county clerk Sherry Hall accepted invalid signatures for a Tea Party-backed urban renewal petition.

Economy

Another Study Finds That Millionaires Don’t Flee If Their Taxes Go Up

Earlier this year, a study by the Political Economy Research Institute at the University of Massachusetts threw cold water on the GOP claim that wealthy Americans will uproot and leave a state that raises their taxes. “The evidence available in the research literature suggests that the worst fears of the policy debates over raising additional revenue from high-income households to sustain spending on public services are unlikely to materialize. The rich will not go on strike. They will not cease working, stop investing, or even move,” the study said.

Another study is now backing up that finding. Professors from Princeton and Stanford looked at California’s implementation of a tax hike on the rich in 2005 and found that — contrary to the GOP storyline — migration of millionaires actually declined:

Using difference-in-differences models, which compare migration trends of the group experiencing the tax increase to a group of high-income earners not facing a tax change, neither in-migration or out-migration show a tax flight effect from the introduction of the 2005 Mental Health Services Tax. In fact, out-migration has a “wrong-signed” estimate: out-migration declined among millionaires after the tax was passed (both in absolute terms and compared to the control group). In other words, the highest-income Californians were less likely to leave the state after the millionaire tax was passed.

According to the study, divorce was a much more important factor in millionaires leaving California than a tax hike. “The tax policy changes examined in this report are very modest compared to the life impact of martial dissolution,” the researchers found.

Gov. Chris Christie (R-NJ) has cited an expected exodus of millionaires to justify vetoing a millionaires’ surtax…twice. But the research simply doesn’t back up that assertion.

NEWS FLASH

Thanks Citizens United! Outside Election Spending In 2012 Exceeds Previous Eight Elections Combined | According to the Center for Responsive Politics, super PACs and other outside spending groups spent nearly $1 billion so far to influence this election cycle, with more than two-thirds of that money benefiting conservatives or Republicans. That’s more money than outside groups spent in every single federal election cycle since 1996. [HT: Sen. Bernie Sanders (I-VT)]

Alyssa

Chuck Lorre’s Vanity Cards And Hollywood Mediocrity

'Two and a Half Men's Chuck Lorre and Lee Aronsohn.

One of the weirdest things about writing about mainstream film and television is constantly glimpsing the gap between the values in the work that many (though emphatically not all) writers and directors produce, and the values that they themselves hold. I was particularly struck by this reading today that Chuck Lorre held back vanity cards–the logos shown at the end of television episodes that Lorre often uses as editorial space–that directly commented on the presidential election from this week’s episode of Two and a Half Men. Instead, he told viewers to look for the card on the internet, where this statement appeared:

What does it say about us when we are simultaneously pro-life and pro AK-47′s? What does it say about us when God’s will would allow a rapist to ask for shared custody and child support payments? What does it say about us when a black guy’s in charge and we say things like “it’s time to take America back”? What does it say about us when we think the institution of marriage is threatened by gay people who love each other, but not by idiotic game shows like “The Bachelor”? What does it say about us when we export democracy with Hellfire missiles, then restrict the right to vote here? What does it say about us when we build nuclear submarines to defend against exploding vests? What does it say about us when we think a guy who doesn’t drink, doesn’t smoke, keeps his money offshore, stubs his toe and says “H-E-double hockey sticks” and wears magical underwear can feel our pain? What does it say about us when we demand less government and more FEMA? What does it say about us when we completely forgot the colossal shit storm we were in four years ago? The answer, my friends, is not blowing in the wind. The answer is, “We are fucking crazy.”

Now, I’m not into Mormon-bashing, which is an unfortunate thing a lot of liberals have fallen into during this election cycle. But it’s kind of fascinating to see Lorre go straight for the nuances of, say, the rape and abortion debate. This is a guy who could make literally any television show he wanted, and any network would want to buy it. I kind of want to know what his dream show that reflects his values looks like. Because Depressed Womanizing Ashton Kutcher kind of seems like a comedown.

NEWS FLASH

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