Us politics

How Obama’s new budget fits into the UK debate

Yesterday, Barack Obama set out his budget for ‘Fiscal Year 2013’ – that is, for the year beginning October 2012 (in the US, the fiscal year runs from October to September, rather than April to March as it does here). Of course, the federal budget has to be passed by both houses of Congress before being signed off by the President, so the final version will look very different to this one. It is better thought of as a statement of Obama’s intent, and his starting point for the negotiations between Congress and the White House. Nevertheless, it throws up a few interesting points, not least in how it relates to our own

The Republican race is taking its toll on Romney

Rick Santorum’s surprise clean-sweep of three states on Tuesday certainly suggests that the battle for this year’s Republican nomination will go on a fair bit longer than looked likely after Mitt Romney’s win in Florida a week earlier. But it doesn’t change the fact that Romney will, most likely, emerge the winner. But where it once looked like he’d make a decent — if unexceptional — challenger to Obama in November, he’s starting to seem much less electable. Just look at the slide in his poll numbers. At the beginning of the year, a Washington Post poll found that 39 per cent of Americans had a positive view of Romney,

Santorum shakes it up

Consult the soothsayers again, and rewrite the forecasts: the race for the Republican nomination has taken yet another turn. No-one much talked about Rick Santorum after he was retroactively awarded victory in January’s Iowa caucus, as most pundits’ attention had already moved on to Romney and Gingrich. But last night this disregarded politician triumphed in all three votes: the caucuses in Colorado and Minnesota, and a primary in Missouri. The Colorado victory was a particular shock, given how easily Romney won there in 2008. Team Romney might be tempted to dismiss last night’s results, not least because the Missouri primary is ‘non-binding’ (the awarding of delegates will be determined at

Romney’s continuing religious troubles

Some well-informed people — Rupert Murdoch among them — have suggested that Mitt Romney could exploit Obama’s increasingly fractious relationship with America’s Catholics to win the presidential elections in November. The so-called ‘Catholic vote’ is often said to be the crucial swing factor in American democracy. Romney, however, may be facing a bigger socio-religious stumbling block than Obama’s: evangelicals. They don’t like him. Mainstream Protestant Republicans in the north have plumped for Mitt, generally speaking, but he has been far less successful in the evangelical south. ‘As a county’s evangelical population expands,’ says Real Clear Politics analyst Sean Trende, ‘Romney’s vote share declines.’ The obvious explanation is that southern Baptists

Romney gives Gingrich a ‘shellacking’ in Florida

‘A double-digit shellacking’. That’s how Gingrich endorser Herman Cain described Mitt Romney’s 14-point win over Newt Gingrich in last night’s Florida primary. It has certainly helped Romney get over the drubbing Gingrich gave him in South Carolina ten days ago, and recertifies him as the presumptive nominee. A big Gingrich win would’ve blown the race wide open. Instead, Romney comes away with a commanding lead in both votes cast and delegates pledged. Romney’s victory speech (above) was almost a rerun of the one he gave in New Hampshire three weeks ago. Then, he tried to cast himself as the inevitable Republican nominee, aiming his attacks at Barack Obama and calling

Romney to win in Florida, but by how much?

When this week began, Newt Gingrich was the clear favourite to win tonight’s Florida primary. He’d just beaten Mitt Romney by 13 points in South Carolina and two new polls put him 8 to 9 points ahead in Florida. Momentum was on his side, Romney was facing criticism over his tax returns, and he’d have two debates – his favourite campaigning medium – to press his advantage home. But – despite securing an endorsement from Herman Cain on Saturday – Gingrich now finds himself well behind Romney, and with just a 3 per cent chance of victory, according to Nate Silver’s model (above). Why the turnaround? Partly it’s down to

Fall from grace

Barack Obama is not up to the job. That is Ron Suskind’s oft-repeated contention. The President, he states, compromised with, rather than curbed, failing American financial institutions, and has surrounded himself with warring staffers who are either no more competent than he is or, if expert, disregard his wishes. Following a picture caption that reads ‘Obama showed real weakness in managing his own White House,’ Suskind, a Pulitzer Prize winner, justifies his title: The confidence of the nation rests on trust.Confidence is the immaterial residue of material actions: justly enforced laws, sound investments, solidly built structures . . . . Gaining the trust without earning it is the age-old work

Is Newt’s chance slipping away?

Thanks to his spectacular surge last week, culminating in a big win in the South Carolina primary on Saturday, Newt Gingrich looked like he was back in contention for the Republican presidential nomination. Immediately, he took a commanding lead in Florida – which will host the next primary on Tuesday. And though Mitt Romney remained the clear favourite to go up against Barack Obama in November, Gingrich was still in the hunt. But this week – just when he was looking strong – it’s all gone a bit wrong for Gingrich. $13 million worth of ads from the pro-Romney Super PAC ‘Restore Our Future’ have dwarfed the $3 million spent

Clegg echoes Obama’s message

Nick Clegg, this morning, advocating closing loopholes for the rich to pay for raising the income tax threshold: ‘Right now, because of loopholes and shelters in the tax code, a quarter of all millionaires pay lower tax rates than millions of middle-class households. Right now, Warren Buffett pays a lower tax rate than his secretary.’ Oh, all right, that wasn’t Clegg. That was Barack Obama, in his State of the Union address on Tuesday night. But it’s remarkably similar to what Clegg just said in his speech at the Resolution Foundation this morning. On his account, the government ought to be ‘calling time on our out-of-whack tax system,’ as well as the ‘scandal of

Obama’s a hypocrite, but a slick hypocrite

As Pete says, Obama fired some well-aimed arrows in the direction of Mitt Romney in his State of the Union address. But it was also a clear attempt to outline Obama’s re-election message, which would, I think, be the same no matter who he faces in November. The idea is to stress that Obama, unlike the corrupt Republicans who nearly bankrupted America, is a ‘fair shake’ candidate, who stands for hard work and responsibility. It is hypocritical rubbish, as I tried to point out last month. The idea of Obama as the straight-shooting, anti-corruption candidate is absurd. President Obama has proved to be a very different politician to the progressive

Obama delivers his pitch for a second term

A Romney-seeking missile. That was what much of Barack Obama’s State of the Union Address amounted to last night. He didn’t mention the Republican presidential challenger by name, of course. That would have been too obvious. But he did dwell on those sorts of issues around taxation and jobs — including his ‘Buffett Rule’, by which, we learn, millionaires should pay at least a 30 per cent tax rate — that have been causing Romney trouble. To underline the point that ‘a billionaire [should] pay at least as much as his secretary in taxes’, Warren Buffett’s secretary was even among the Obamas’ guests for the evening. Obama’s ploy, when presenting

Romney’s tax returns provide ammo for his opponents

Finally, grudgingly, Mitt Romney has released his tax returns for the last two years. After much um-ing and ah-ing — and a lot of prodding from Democrats, Newt Gingrich and the media – he has disclosed that he paid $3 million in tax on his 2010 income of $21.7 million, and $3.2 million on the $20.9 million he made in 2011. Romney hoped that releasing this information would allow him to move past the focus on his financial affairs, but his rivals – both inside and outside his own party — don’t seem prepared to let that happen. The Democrats are naturally keen to emphasise both Romney’s large investment profits

Have American conservatives given up?

That tubby, unlovable rogue Newt Gingrich is on a big roll. His poll ratings are surging ahead of the Florida primary next week. This despite the fact that almost everyone, even the good fellows at National Review, can see what a disastrous candidate he is. Gingrich has — this hardly needs saying — a terrible record in office, a long list of involvements in dodgy deals, an embarrassing private life, a dubious legacy as a man of ‘conservative principles’, and a deeply unpleasant face. (Sorry, but such things can matter in elections.) For a good run-down of his failings, see here. Or, as a sample, look at this image flying

Gingrich wins South Carolina

They said South Carolina would be Mitt Romney’s big test. Tonight, he failed it. The networks have called the primary for Newt Gingrich, and CNN’s exit poll shows him beating Romney 38-29. It’s an astounding turnaround, considering that Romney led by around 10 points just a few days ago. The Romney campaign is already trying to claim it’s not too disappointed by the result – that a few weeks ago they would have been happy with third place, that it’s Florida that really matters. But the truth is, he’s suffered a big upset. After it looked like he’d won Iowa and he took a solid if unsurprising win in New Hampshire,

South Carolina could put Gingrich back in the hunt

When the week began, the idea of anyone but Mitt Romney claiming victory in tonight’s South Carolina primary seemed fanciful. He had a 10 point lead in the polls, giving him a 90 per cent chance of victory according to Nate Silver’s model. Any talk of someone else winning sounded like the wild hopes of a media keen for the nomination battle to go on as long as possible. But no longer. As I said on Thursday, it’s been a particularly bad week for Romney and a particularly good one for Newt Gingrich. Gingrich even managed to turn the one thing that seemed likely to halt his momentum – an

Colbert for Cain

Herman Cain may have dropped out of the Presidential race weeks ago, but new ads are advocating a vote for him in South Carolina. These videos, including the one above, are being put out by the ‘Super PAC’ set up by satirist Stephen Colbert, the host of the Colbert Report famous for joking at George Bush’s expense at the 2006 White House Correspondents’ dinner. Super PACs — organisations which can raise unlimited sums from corporations and other groups as well as individuals, but are prohibited from coordinating with candidates or political parties — became a feature of the US political landscape in 2010, after a Supreme Court ruling made them

Newt’s good week might come to an early end

video platform video management video solutions video player It had been a pretty good week for Newt Gingrich’s presidential campaign. He put in a strong performance in Monday night’s debate, he got a near-endorsement from Sarah Palin (she said ‘If I had a vote in South Carolina, in order to keep this thing going, I’d vote for Newt.’), a poll yesterday put him just 3 points behind Romney nationally, and one today shows him taking the lead in South Carolina. And he can expect to pick up a good number of Rick Perry’s few remaining supporters, with the Texas Governor dropping out today and endorsing Gingrich. Meanwhile, things haven’t been going

No more Mr Nice Guy | 16 January 2012

So Jon Huntsman is dropping out of the US Presidential race today. Apparently a battle with Rick Perry for fifth in South Carolina didn’t appeal. Even though he looked like the best bet to beat Obama, Huntsman was never likely to win the Republican nomination. When many Republicans were desperately searching for a more conservative alternative to Mitt Romney, running as the more moderate alternative to Mitt Romney wasn’t going to be a winning strategy. This year of all years, you couldn’t see a man who had served in the Obama administration as Ambassador to China and who tweeted ‘I believe in evolution and trust scientists on global warming. Call

The Obama-Romney electoral map

Of course, Mitt Romney hasn’t secured the Republican nomination yet. But now that the bookies have him odds on at 1/9, it’s definitely worth thinking about how he’d shape up against Barack Obama. Does he have much of a chance? Well, yes, actually. The head-to-head polls so far point to a close fight between Obama and Romney. And Obama’s approval ratings and GDP growth forecasts — better predictors of the result at this stage — also point to a very tight election. It’s shaping up to be one of those elections where the key to victory is not the national popular vote, but the Electoral College. It’ll be winning each individual