On July 7, 2012, Michael Tomasky writes in The Daily Beast that President Obama can sink Romney by trumpeting the details of the ludicrous economic solutions he’s been backing.
Three years ago, two years ago—heck, six months ago—I and a lot of people I know thought: Surely the jobs situation will have picked up as we round the clubhouse turn toward Election Day. I envisioned Barack Obama at the Democratic convention, being able to claim… something fairly modest, but something: three straight months of 200,000-plus-jobs growth. Some kind of hook for an upbeat narrative.
President Barack Obama speaks during a campaign rally at Dobbins Elementary School in Poland, Ohio, July 6, 2012, while on a bus tour of Ohio and Pennsylvania. (Jim Watson / AFP / Getty Images)Well, it looks like it ain’t gonna happen. Obama will be able to make some claims, and he damn well better make them without apology or fear of how the 48th Street Fantasy Factory will spin them. But the story isn’t good enough, so there’s but one alternative: convince people that Mitt Romney and a Republican Congress will make things worse. In a rational world, that wouldn’t be too hard, because except for Ronald Reagan’s second term, making things worse is all Republicans have ever done since Nixon. But our world isn’t rational, and Obama is going to have to confront that fact in a huge way or risk being sent to the showers early.
It’s the third straight month of anemic growth, and the economists seem to agree that it means we’re not going to be seeing the bulls run any time soon. A decent unemployment picture—say, 170,000 jobs a month being gained, which might, by election time, have gotten the jobless rate back down below the 7.9 percent it was when Obama was sworn in—augured for one kind of Obama fall campaign. Emphasize that we’re finally getting out of the woods first, and bash Romney second.
But the treeline is still on the far horizon. So Obama and the Democrats’ No. 1 job is clear: tie all the Republicans together—Romney, congressional Republicans, and George W. Bush—and warn people about how much worse things could be.
Romney is Bush on steroids. His tax plan is far more extreme. He wants to give millionaires an average—average!—tax cut of $250,000. The same plan would add $3 trillion to the deficit over a decade. Haven’t we tried this before, and didn’t it help lead—along with massive deregulation, which Romney also promises to pursue—to the biggest meltdown in 80 years?
The fact that Romney has no actual jobs plan beyond letting the free market work its magic… It’s just endless.
