Daily Archives: September 4, 2012

Alan Beattie

In the interests of fairness, having looked at how the Republican platform addresses trade and globalisation (fizzy rhetoric but not many hostages to fortune), here’s how the Democratic platform measures up.

In summary: it doesn’t say much, and it doesn’t say much new. The overall tone is boilerplate mercantilist with a soupcon of social concern:

We have taken steps to open new markets to American products, while ensuring that other countries play by the same rules. President Obama signed into law new trade agreements with South Korea, Colombia, and Panama … but not before he strengthened these agreements on behalf of American workers and businesses. We remain committed to finding more markets for American-made goods—including using the Trans-Pacific Partnership between the United States and eight countries in the Asia-Pacific, one of the most dynamic regions in the world—while ensuring that workers’ rights and environmental standards are upheld, and fighting against unfair trade practices.

 Read more

Edward Luce

A man sells Barack Obama car air fresheners in Charlotte, North Carolina (Photo by Scott Olson/Getty Images)

Every four years, Americans ask themselves: “Are you better off than you were before the presidential conventions?” To judge by the falling television ratings, the answer is not good.

This week in Charlotte, Barack Obama and his surrogates will be trying to fend off the Republican line that voters are worse off economically than when he took office. For most Americans, the answer is unfortunately “no” (median incomes have dropped almost five per cent since the recovery began in mid-2009).

The fault may lie more in the stars than with Mr Obama, who can plausibly argue that without his 2009 stimulus people would be far worse off. But his team will continue to respond with an unequivocal “yes” because in the game of politics if you admit any vulnerabilities then nobody – least of all the media – will let you change the subject. The formula is prebaked. Most voters feel worse off than they were four years ago. Yet Democrats are responding with a version of Groucho Marx’s: “Who do you believe? Me or your own lying eyes?” Little wonder the electorate is tuning out. Read more

A real variety of articles got us chatting today. Here are our recommendations: 

By Gideon Rachman

Presidential elections can turn on trivia. So the fact that Paul Ryan, the Republicans’ vice-presidential candidate, has lied about having run a marathon in under three hours, could be bizarrely important. At last week’s GOP convention, Mr Ryan was introduced as a fearless truth-teller. The Democrats argued that, in fact, his speech contained lies about everything from Medicare to the closure of a car plant.