Slashdot Mirror


Economist Endorses Kerry, Reluctantly

An anonymous reader writes "The Economist has picked John Kerry as its preferred presidential candidate, over George W. Bush. Though a British publication, the magazine points out that almost half of its readers are based in the U.S. The Economist leans right on trade issues and supported going to war in Iraq, but has been critical on Bush's policies on tax cuts and the deficit."

21 of 143 comments (clear)

  1. Endorsements? by Black+Parrot · · Score: 2, Interesting


    I've heard a lot of newspaper endorsements both ways this time around. Does anyone know how much effect endorsements actually have on vote counts?

    --
    Sheesh, evil *and* a jerk. -- Jade
    1. Re:Endorsements? by 4of12 · · Score: 3, Interesting

      Does anyone know how much effect endorsements actually have on vote counts?

      Depends.

      However, The Economist is probably one of the most highly respected of the weekly news magazines in the English-speaking world. It's read by the heavy movers and shakers (when I had a subscription I used to get bulk mail for services that would make more sense if my net worth were two orders of magnitude higher) and has a lot more detail and depth about international news than you'll typically find in any single U.S. magazine.

      In some ways they could be regarded as Libertarian; a few years ago they had some in-depth articles examining the proposition of decriminalizing recreational drugs.

      The Economist is thoughtful, detailed, slightly right leaning. A good complement to reading the New York Times, which is thoughtful, detailed, slightly left leaning. Both publications are well-written, too.

      --
      "Provided by the management for your protection."
  2. Re: Info by Black+Parrot · · Score: 4, Insightful


    > The Economist has supported the tax cuts, But not the increase of government spending.

    Indeed. The "tax and spend" Democrats have been replaced by "tax cut and spend" Republicans. All the rhetoric about fiscal responsibility is just a facade for the real debate, "pay now or pay later".

    It's hard for the party in power to cut spending, because pork is one of the primary ways for legislators to buy votes.

    --
    Sheesh, evil *and* a jerk. -- Jade
  3. Great quote by Troed · · Score: 2, Insightful

    as Mr Bush has often said, there is a need in life for accountability. He has refused to impose it himself, and so voters should, in our view, impose it on him ...

    1. Re:Great quote by macrealist · · Score: 3, Interesting

      Wow. Great regurgitation of right wing propaganda.

      However, you need to adjust your RDF. (when did rove steal that from Jobs?)

      for insulting our allies
      - got a reference? Link? Anything but an accusation?

      falsely calling them the coalition of the coerced and the bribed

      Many of the nations in the coalition formed for the 2003 invasion of Iraq stand to receive substantial aid packages and trade benefits from the United States in return for their support. The administration is provided billions of dollars in "aid packages" to coalition members. Of the 30+ original coalition "members', 19 countries offering only political and/or moral support, one was named without it's knowledge (Solomon Islands), and one was Afganistain. Nine were/are seeking membership into NATO. An Institute for Policy Studies report found that "most were recruited through coercion, bullying, and bribery."

      or by calling our action unilateral.

      Unilateral means something much different than you must perceive. England, Australia, and the US have stood together on international issues for decades. If you do not consider these three countries to be on the same side, then you have a very myopic view of world politics.
      In March of 2003, Ari Fleischer said that the adminstration has "all along said, in terms of actual active combat, there will be very, very few countries."

      The original invasion forces consisted of troops from only six countries. Nearly 99.9% of these troops were from the US, UK, or Australia.
      The countries sending troops and the amount of troops were:

      Albania: 70
      Australia: 2000
      Romania: 278
      UK: 45,000
      US: 300,000

      oh, and let's not forget
      Poland: 200

      Without the US's politicing, would the coalition have been created? Did any nations besides the US and UK present evidence insisting immediate action? The coalition was a huge sham, created only for political purposes.


      "A universe whose only claim to be believed in rests on the validity of inference must not start telling us the inference is invalid..." -- C.S. Lewis

      --
      I am living proof of the Peter Principle
  4. Yes, Kerry has more endorsements by revscat · · Score: 2, Insightful
    See here for an overview of battleground state endorsements. Of course, the Republican radio propaganda network will chalk this up to the "liberal media", but this isn't good news for Bush, and is therefore good news for America and the world.

    Is this a division between the more intellectual America reading and writing newspapers, and the popular opinion?

    More of a reflection that newspaper editorials only have a limited impact. There is far more of an impact from the previously mentioned propaganda network: Rush Limbaugh, Sean Hannity, Bill O'Reilly, Michael Savage, etc., etc. In my hometown (Dallas) there are currently *two* radio stations, with pretty significant market share, whose only purpose is to spread GOP propaganda, 24 hours a day. The Democrats have no such partisan network.

    1. Re:Yes, Kerry has more endorsements by demachina · · Score: 2, Insightful

      A right wing talk show host explained the phenomena pretty well a day or two ago. Right wing radio/TV portray everything as black and white, liberal media tends to be shades of gray. Unfortunately combative black and white is more interesting and holds an audience better, especially a poorly informed audience who is just listing to have their preconceptions confirmed on a daily basis.

      The right wing has also become way more adept at demonizing the democrats and liberals and this again makes for good entertainment, and holds an audience better. The Clintons were mauled for 8 years, and still are, and in the end the worst thing they nailed them for was an affair between consenting adults and lieing about it. Bush/Cheney has lied their way through their entire first term about stuff that matters, stuff that killed people, and it slides right off their teflon coating because liberals suck at demonizing and mauling right wing politicians.

      Maybe its just a fact of life you have to kind of vicious to be successful in political talk radio and TV and the right wing are good at vicious. Liberals actually tend to want to explore the issues, think things out, see if there might be a peaceful and diplomatic way to solve a conflict. The right wing has everything predetermined in a little guide to every issue, they never need to revise it, and there is one conflict resolution technique, intimidation, saber rattling ending in Shock and Awe. Shock and Awe again makes for good radio and TV. Its exciting, entertaining and makes people feel good when their giant military crushes a 3rd world country like a bug.

      --
      @de_machina
    2. Re:Yes, Kerry has more endorsements by demachina · · Score: 2, Interesting

      "To say that Bush/Cheney have lied more than Clinton/Gore seems a little bit like sticking your head in the sand."

      Please list some of these lies? I can't wait. We can do a head to head comparison of the gravity and magnitude. Again Clinton/Gore were savaged for theirs including impeachment which as serious an accounting as our Constitution allows.

      As nearly as anyone can tell no one in Bush/Cheney have paid in any way for theirs and constantly deny they've ever lied or done anything wrong or made a mistake. Well there was George Tenet, the scapegoat who fell on his sword (and its likely most of the bad intelligence on Iraq came out of the DOD not the CIA, the CIA just didn't fight it) but he was a Clinton hold over and not one of the Bush faithful. I'm exactly pro Clinton/Gore but I'd sure like to see some equity in the political weapons of mass destruction.

      You can attribute the lack of equity to the fact the Republicans completely control the government so there is no one to hold Bush/Cheney to account while Clinton was mauled by a Republican controlled house engaged in a one hatchet job after another. The Republicans can quite literally get away with murder.

      I shopuld add I don't "hate" either of them but I don't like either of them either. Unfortunately neither one of them appears to have the level head, integrity and honesty I want in a President.

      "I just hope that whoever wins on Tuesday wins by a landslide."

      I hope you get your wish but chances are high its going to be a really close election and the losing party is going to be fighting legal battles for months trying to seize power. You don't build two lawyer armies and expect them to go home without fighting a major war first. Neither of these candidates can win on merit so they win with attack ads, smear campaigns, election rigging and a legal spectacle that will likely dwarf 2000.

      "I am tired of the incivility being expressed by both sides"

      Not sure you follow my posts but I slam both candidates equally. I'm not on either side though I really want to Republican stranglehold on power broken. It is extraordinarily unhealthy. I want gridlock again so the nutcases on both side can't keep changing things for the worse.

      --
      @de_machina
    3. Re:Yes, Kerry has more endorsements by demachina · · Score: 2, Interesting

      "The left/liberal/progressive side also tends toward extremism, censorship and suppression of free speech."

      This isn't really a right versus left thing either. Libertarians and true conservatives are a shining light in this regard from the right. Unfortunately they've been buried under the extremism that is the new Republican party. I'm not really interested in framing this as left or right, my problem is almost entirely with the new Republican party and the fact its completely abandoned its civil libertarian and small government roots.

      But, could you cite some example of excess on the left. Some that comes to mind, Roosevelt did step over the line on numerous occasions during World War II, but the whole country left and right was on that band wagon. The Chicago DNC in 1968 was bad. Maybe you could cite suppression of prayer and religion in public institutions but that is a hard issue. Fact is Christians shouldn't be able to inflict their beliefs on others in public schools and courts if we believe in separation of church and state and religious freedom for all.

      Here are a few examples from the right.

      McCarthyism took place the last time Republicans had power in Congress. You will be hard pressed to find a left equivalent of this rabid attempt to destroy our constitutional liberties than that.

      Free speech zones are an invention of today's Republican controlled government, a cyncial name since they are in fact cages designed to hide and suppress people expressing opposition to the people in power. Again you will be hard pressed to find a liberal sponsored equivalent of this major attempt at suppression of free speech. You can claim the Free Speech Zone at the DNC but that was created by Homeland Security and the Secret Service which are run by the Bush administration.

      Its been a while since we've had a government thats been willing to say "you're either with us or you're against us" or you are unpatriotic, aiding and abedding terrorists, if you question or criticize us.

      --
      @de_machina
  5. Re: Info by nelsonal · · Score: 2, Insightful

    I blame the line item veto (the real reason the budget declined during the Clinton years), which was removed following the impeachment trial. It was passed following the Perot candidacy (and strong showing and became a part of the Republican congressional takeover platform, AFAIK). With a line item veto pork could be removed from a bill by the President and a 2/3s vote was required to override it. For those who haven't looked into the sausage factory that is Congress a large bill (annual highway, farm, defense, appropriations, tax, or similar) usually gets a series of amendments added to it that provide for things like a Norwegian-American interpretive center to be built in a congressional district that elected a representative or senator whose support is needed to pass the bill. Since the total bill might be for spending of several billion dollars the expenditure of a few million to secure a marginal vote is good for both parties (those who support the bill for other reasons and the senator whose support was bought). With a line item veto the president could strike the section of the bill that provided for the cultural center, highway, school etc without striking the whole bill and sending it back for another round. Now we shouldn't kid ourselves Presidents were likely to use this to hurt opponents, but overall it cut a whole bunch of wasteful spending. Without that there is no one with an incentive to reduce government spending who is in a position to do so.

    --
    Degaussing scares the bad magnetism out of the monitor and fills it with good karma.
  6. Re: Info by revscat · · Score: 3, Informative

    I blame the line item veto (the real reason the budget declined during the Clinton years), which was removed following the impeachment trial.

    The line item veto was never actually implemented. As soon as the bill was signed by Clinton it was challenged on constitutional grounds and kept from going into effect. The SCOTUS eventually ruled it unconstitutional, and the OMB afterwards announced that the 40 items that were line item vetoed would have their funds released.

    The budget deficit looked good because Clinton was a fiscally responsible president.

  7. Re: Info by lastninja · · Score: 4, Informative

    Increases in non-defense discretionary spending over the past six administrations:

    Nixon/Ford: 6.8% per year

    Carter: 2.0% per year

    Reagan: -1.3% per year

    Bush 1: 4.0% per year

    Clinton: 2.5% per year

    Bush Jr: 8.2% per year

    Source
    And here is a nice graph.

    --
    John Carmack fan, browsing at +5 since 1999.
  8. Boo hoo wah wah cry to mommy by revscat · · Score: 2, Funny

    Is it obvious much that michael is a Kerry supporter? Is it any surprise that anyone critical of this blatant astroturfing is modded down? I didn't realise Slashdot was a forum in which to impose your political views on others, I thought it was a bookmark collator for IT news. How stupid of me.

    Wahh wahh wahh whine whine whine. Look I'm a Republican! Media bias! It's not FAIR! MOMMY! MOMMY! Wah wah wah!

    How many stories has the token Republican editor Pudge posted here? Would it be not a million miles from ZERO?

    Here, have a nice hot cup of shut the fuck up, pussy. You want Republican propaganda go turn on the radio or point your browser at Free Republic, k? Bush is a complete and utter fuckup and the whole world realizes it, at least those who don't suck Sean Hannity's (et al) cock on a daily basis.

  9. Kerry Republicans by Alomex · · Score: 4, Interesting

    This is yet another case of a Kerry republican. In all, there have been over two dozen publications which endorsed Bush for president in 2000 and this time around are behind Kerry. In contrast, half a dozen newspapers have gone the opposite way, that is, from endorsing Gore in 2000 to endorsing Bush in 2004.

    I believe history won't be kind on the 43rd president of the USA. He had the support of the entire world post-9/11, plus the largest fiscal surplus ever and he blew away both of them in less than three years.

  10. Re:Another great magazine loses its way by Leftist+Troll · · Score: 2, Interesting
    It sounds like Sharon is chilling out in his old age though... maybe good things are ahead, we'll see.

    Understand that the Gaza plan (which is what I assume you are reffering to) is designed to halt negotiations. Read the Haaretz interview with Sharon advisor Weisglass to understand what's really going on here.
    A brief excerpt:
    "The disengagement plan is the preservative of the sequence principle. It is the bottle of formaldehyde within which you place the president's formula so that it will be preserved for a very lengthy period. The disengagement is actually formaldehyde. It supplies the amount of formaldehyde that's necessary so that there will not be a political process with the Palestinians." (my emphasis)


    I'd like to also give you a huge "right on" for your point #4:

    4. "Aid and comfort". Fuck off. Vietnam was a total political bullshit war, just like Iraq, and I for one salute every single person who had the balls to stand up and call a spade a spade.

    Anyone who thinks Kerry "invented" the atrocites might want to look into Tiger Force.

  11. Re: Info by mugnyte · · Score: 2, Insightful

    well, actually, the post's argument was that Republicans' government outpaces Democrats, but AFAICare, they both pork everything up.

    What amazes me is that the "down home" americans, the 50% or so that make up the "working class" rural vote, believe that they somehow benefit from backing the party that spends in deficit and supports smaller government oversight in business alone, since in personal matters, we have abortion fights, patriots acts, and DCMA/internet nonsense.

    These people end up the victims of closed factories, large corporate farming buyouts, and other corporate stomping, all while voting for people what have a "homeboy" appeal to their local nature. Sure, the local congressperson or senator may have a nice chuckle and win a government contract to build an extra submarine for 10$billion, but are these folks actually creating a sustainable lifestyle? nope. contracts end, environmental abuses catch up with you, and large corporations migrate to where the best manufacturering is. ask anyone in so many has-been towns - long after the politicos are done stumping, their constituents are screwed.

  12. Re: Info by Masker · · Score: 3, Funny

    You're totally missing Bush's strategery: You don't have to "pay later" if the apocolypse comes! Didn't Nostradamus predict these events?! Yea, these are the end times, people. </sarcasm>

    --

    ---------The early bird gets the worm, but the second mouse gets the cheese.

  13. Re:Another great magazine loses its way by rhakka · · Score: 2

    awww, because he actually stepped up, did his duty, and went when he was called... served... came back and spoke out on what he saw. He has something to talk about. The fact that he actually did his duty is something he's got up on Mr. Bush.

    Just because he spoke out on the war, he shouldn't be able to take credit for actually doing his duty like thousands of others (but not Bush) did?

  14. Re:Newspapers voting for Kerry? by demachina · · Score: 2, Informative

    I've seen a number of editors of conservative newspapers explain why they endorsed Bush in 2000 and are either endorsing no one, Kerry or Bush only reluctantly in 2004. They are pretty consistent in what they say. They endorsed Bush in 2000 based on the policies he said he supported in the campaign, since it was all they had to go on other than his stint as Texas governor which wasn't a very good guide.

    They are all disenchanted with him because his actual record in office has run counter to everything they thought he stood for.

    In particular they naively though he would be fiscally conservative while he is instead dramatically expanding spending, while cutting taxes leading to a staggering debt. They were naive in thinking he would be fiscally conservative since Bush idolizes Reagan and Reagan ran up the deficit exactly the same way though Bush has taken it to a who new level. Reagan could blame the Dems for the spending since they controlled Congress. The Republicans have no one to blame but themselves and its especially bad since its massively, hypocritical juxtaposed to their fiscal responsibility rhetoric. All the editors put this at or near the top of their list for turning on him with the war in Iraq being the other top reason.

    - During the campaign Bush said he was dead set against nation building but they are instead doing it all over the place especially in Iraq, Afghanistan and Haiti. Conservatives hate nation building.

    - Bush/Cheney have established a track record of either lieing or being so completely wrong it borders on incompetence, especially on the reasons for invading Iraq. Most newspaper editors are thoughtful, educated and informed people. Bush/Cheney have been able to lie their way out of the lies with less thoughtful, less educated and less informed American. I don't think its working with newspaper editors who are smart enough to see that the Republicans are being consistently untruthful and are getting away with it.

    There is a paper in Orlando, Florida who has been getting a lot of press for endorsing Kerry. They haven't endorsed a Democrat since Johnson in 1964. Its telling that Johnson was running a right wing extremist, Barry Goldwater, which is no doubt why they endorsed LBJ. You could conclude this paper is placing George W. Bush in the same class as Barry Goldwater. They do have a lot in common for their severe tilt to the far right, lack of judgement and thoughtful discretion.

    --
    @de_machina
  15. Re:Not much... by flyingsquid · · Score: 5, Insightful
    The Economist is a magazine which carries a lot of weight in certain circles. It is the indispensible, must-read weekly magazine of international politics and business. If you had one subscription while working at the State Department or the Federal Reserve, it would probably be this one. Though based in London, their US readership is three times their British readership and 45% of their world readership.While it has a great sense of humor (when Clinton referred to the beginning of WWII in 1941, the Economist noted that this was a "peculiarly American take on things") it is a very serious magazine full of graphs and figures of economic data. It's the type of thing you're likely to find scattered around at Princeton University's Woodrow Wilson School of Government rather than the dentist's office.

    While surprisingly progressive on social issues (the Economist is against the war on drugs for instance), and other times conservative (they supported the war in Iraq), it's a centrist to center-right magazine, balancing its values against pragmatic considerations. I think this makes the endorsement particularly condemning. A NY Times endorsement for Kerry is expected (anything else would be a sign of the End Times). An Economist endorsement of Kerry means that some very level-headed moderate conservatives and centrists looked at Bush and found him wanting. They say: we like his vision best. But it's clear he lacks the ability to carry it out. They aren't as thrilled by Kerry's vision, but feel he's all in all more capable for the job.

    Probably a fair assessment. It's hard to disagree with Bush when he advocates freedom. But turning Iraq into a giant guerilla war and locking people up without due process or trial isn't the way to create that. Perhaps Bush would be more fun on a fishing trip. But John Kerry is clearly the better man to lead the United States.

  16. Re:Not much... by Pxtl · · Score: 2, Interesting

    Plus, the economist saying "vote Kerry" is saying more than most magazines do... most magazines, when they endorse someone, it means "this is good for our cause".

    The economist is read by investors. To them, it means more than its good for a cause. A recommendation from the economist to them means "do this to get more money". A far more direct effect. Especially when even here in Canada, I here people saying "I hope Kerry doesn't win or my pharma stocks will go down".