Monday, June 8, 2009

Schlocky Frame Hides Race to Global Lowest Common Denominator

What's the best way to dis an idea? Call it "schlocky." The NYT has an odd article on "conflict" within the Obama economic team. It ends with:

Mr. Summers pressed Mrs. Romer to make the argument that health care reforms could make American businesses more competitive globally, adding that it was among the political advisers’ favorite “talking points.”

He did so again when Mrs. Romer outlined her final draft at a recent well-attended meeting. She cut him off, saying that some of his own staff agreed the point did not belong in the paper.

“I’m not going to put schlocky arguments in there,” she said.

“I’m not making a schlocky argument,” he replied.

Schlock means "cheap or inferior, trash. " This frame does not apply to health care reform, as business clearly wants to reduce or dump the health care benefit to employees. While details are lacking, this could be an underlying aim of reform. It's the goal of the U.S. Chamber of Commerce.

Look for "schlocky" to cover other races, the drive to lower corporate taxes and the effort to create powder puff financial regulation. The Obama team isn't taking America out of the Bush rabbit hole. Mad Hatters lead us deeper.