Dutch prime minister Mark Rutte is criticized from the left and center for failing to make the argument for the EU integration in his reelection campaign.
The Financial Times, which a few days ago selectively quoted from Rutte’s televised debate with far-right leader Geert Wilders to make him and not Wilders out to be the bigot, has listened to his critics and concluded that Rutte is following, rather than leading, Dutch public opinion on the EU.
That’s hardly an outrage in a democracy, but I don’t think it tells the whole story. The prime minister who once promised to give “not one cent more” to Greece (and then agreed to another bailout) has become more pragmatic about European integration. Read more “Rutte Is More Pro-EU Than His Critics Allow”
Mario Draghi is off to a good start. The former central banker has won the support of Italy’s major political parties to form a government and he understands the reforms it needs to undertake.
His challenge will be convincing the parties to see those reforms through.
Receiving more than €200 billion from the EU’s €750 billion coronavirus recovery fund should help. A chunk of the money will go to vaccinating Italy’s population of 60 million, but there will be more than enough left over to invest in long-term growth.
Money isn’t everything, though. Bringing Italy’s economy back to life after it shrunk almost 9 percent in 2020 will require making the sort of choices its politicians have avoided for years. Read more “Draghi Understands What Italy Needs”
Charles de Gaulle’s great achievement, to paraphrase his British biographer, Julian Jackson, was that he reconciled the French left to patriotism and the French right to democracy.
The history of France since 1789 has been a consistent struggle between a universalist left and the conservative right; between republic and monarchy; the Enlightenment and Catholicism; labor and capital; Paris and La France profonde.
History hasn’t ended. Emmanuel Macron and Marine Le Pen embody opposite visions of France today. But de Gaulle narrowed the divide and helped Frenchmen and -women think of each other as opponents rather than enemies.
That America could use a whiff of Gaullism isn’t my idea. Ross Douthat, the conservative columnist of The New York Times, called for an American de Gaulle two years ago.
Massive rescue programs have prevented business failures and unemployment on the scale of the Great Depression, even though last year’s economic contraction was nearly as bad. The European Union agreed a €750 billion recovery fund, financed, for the first time, by EU-issued bonds. The money comes on top of national efforts. The United States Congress passed a $2.2 trillion stimulus, worth 10 percent of GDP, in March and added $484 billion in April. An additional $900 billion in relief was included in this year’s budget.
Joe Biden, the incoming American president, wants to spend $2 trillion more over the next four years to transition the United States to a greener economy and create a public health insurance program. Corporate tax would go up from 21 to 28 percent.
In Spain, a socialist government has introduced the biggest budget in Spanish history — partly to cope with the impact of coronavirus, but also to finance digitalization, electric cars, infrastructure, renewable energy and rural development. Taxes on income, sales and wealth are due to increase.
In the United Kingdom, the ruling Conservative Party is building more social housing and it might renationalize rail. Unlike during the last economic crisis, it does not propose to cut spending even though tax revenues are down.
Same in the Netherlands, where all the major parties agree the government needs to do more to reduce pollution and prevent people at the bottom of the social ladder from falling through the cracks.
I’m not opposed to more government per se. I’ve argued the United States should imitate policies in Northern Europe to improve child care, health care and housing.
Joe Biden’s priority as president will be alleviating the COVID-19 pandemic, which the outgoing president, Donald Trump, has mismanaged. 350,000 Americans are dead. Nearly 11 million are unemployed. Republicans were slow to approve the latest stimulus, which Trump, seemingly without consulting lawmakers of his own party, threatened to veto and then signed anyway.
But the Democrat’s first-term goal must be to revitalize the American Dream, which is out of reach for most.
In the 47 years Biden has been in Washington, first as a senator, then as vice president, social mobility has declined to the point where Europeans are now more likely to grow out of poverty than Americans. Real incomes have been stagnant for everyone but the wealthy. Traditional middle-income jobs have been outsourced or made redundant by automation. Most job growth comes from established businesses, not startups, suggesting a decline in entrepreneurship. Housing is unaffordable in the very metro areas where those jobs are. There are fewer opportunities for workers without a college degree, and the cost of higher education has outpaced income growth. So have the costs of child care and health care, making it harder for families to combine childrearing and work.
The American left’s vilification of Emmanuel Macron continues.
Karen Attiah accuses the French president in The Washington Post of “pandering to Islamophobic sentiment” and flirting “with political authoritarianism.”
His crimes? “Pressuring” Islamic leaders to respect “republican values”. Putting restrictions on homeschooling, including canceling a program with teachers from Algeria, Morocco and Turkey. Somehow making “life miserable for innocent Muslims” — Attiah gives no detail.
American centrists are optimistic. With Republicans likely to retain control of the Senate for at least the first two years of Joe Biden’s presidency — unless Democrats manage to flip not one, but two Georgia Senate seats in January — a new era of bipartisanship may be on the horizon.
Joe Manchin, the conservative Democratic senator from West Virginia, tells The New York Times he sees a “golden opportunity to bring the country back together and for us to work in the middle.”
James M. Curry and Frances E. Lee of the moderate center-right Niskanen Center argue unified government is overrated. Most legislation is passed with overwhelming bipartisan support.
Scott Lincicome of the conservative anti-Trump website The Dispatch finds that the economy tends to perform better when the parties split Congress and the presidency. Fortune magazine agrees.
You would think the murder of three Christian worshippers in Nice — a 60 year-old woman, the 55 year-old sexton and a 44 year-old Brazilian-born mother of three — coming on the heels of the beheading of a schoolteacher in a Parisian suburb, would convince American and British journalists and opinion writers that France really has an Islamic terrorism problem, and it’s not a figment of President Emmanuel Macron’s imagination.