Still More Deficit Reduction and “Department of Competitiveness”?!?!?

Calculated Risk says most of what needs to be said about this article describing the debate within the White House over whether or not to “pivot to jobs” after all.

Tax incentives are the “bigger idea“? It sounds like the debate is between doing nothing and doing very little.

But it’s worth looking at two parts of this argument that appear to be new.

The article reports the Administration is considering proposing great economic policies that it would deliver in a second term. And those ideas? More neoliberal policies that won’t actually create jobs.

The issue is being framed by the 2012 election. Administration officials, frustrated by the intransigence of House Republicans, have increasingly concluded that the best thing Mr. Obama can do for the economy may be winning a second term, with a mandate to advance his ideas on deficit reduction, entitlement changes, housing policy and other issues.

So the side currently winning this debate is not only arguing against a pivot to jobs right now, but arguing it should continue its obsessive focus on the deficit and “entitlement” cuts through a second term.

And housing policy?!?!? This Administration wants to run on a promise to implement more housing policy, an area in which it has thus far achieved unmitigated failure?

But way at the end of the article, there is what I believe is a completely new policy, one which betrays just how misguided this Administration’s economic policy has become. The new big idea? Renaming the Department of Commerce.

The administration may also merge the Department of Commerce, the Office of the United States Trade Representative and some economic divisions at the State Department into a new agency, administration officials said. Possible names include the Department of Jobs or the Department of Competitiveness.

As bad as the suggestion that simply rearranging the Titanic’s deck chairs might be a great new idea is, the underlying implications of this proposed policy change are worse. Someone on Obama’s team thinks that by merging the entity that negotiates deals to send our jobs overseas with the Department of Commerce and those parts of the State Department that serve the interests of Monsanto rather than the American people, you’ll end up with more Jobs or better Competitiveness.

Atrios is right. We’re doomed.

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12 Responses to Still More Deficit Reduction and “Department of Competitiveness”?!?!?

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emptywheel @BillPutnamPhoto I was wondering that too. Stealth drone! I guess F-35 is supposed to replace unreliable allies on the ground? @AthertonKD
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emptywheel Did Vlad Putin ever gain political advantage by physically threatening those who teach the nation's future?
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JimWhiteGNV When was the last time the Mets and Yankees were both in first place in Aug or Sept?
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emptywheel @jakemcintyre Also, you're not a Jets fan and so not irrationally forgetting there are others in division...
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emptywheel Why NOT promote Lindsey beyond contributions? He contributes where it counts, in unquestioning devotion to military. https://t.co/WzLmjzL4qQ
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emptywheel @jakemcintyre Where's your excitement for the Pats-debacle-year Bills supremacy?
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emptywheel @KevinOfMI Oh yuck! Do you take the truck across if often (you were in a car today, weren't you?)
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emptywheel @KevinOfMI That bridge scares me.
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emptywheel If MI still had film credits that storm would have made a great setting for Sharknado4.
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bmaz @mattapuzzo @Nick_Hentoff Sure, but thats no filter, that is a joke. The problem is that it has been allowed to infest+slide thru trial cts
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emptywheel RT @KailiJoy: So the journalists who went to the hush-hush Koch party aren't the same ones who complain Hillary won't talk to 'em, right?
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emptywheel @Priestic1 You MUST be being a downer cause I asked the same thing a few hours ago.
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