Street Magic Revealed

The Republican presidential debate revealed how alarmingly far right the ...

If there is a shift to the middle, it is only because the new "middle" is yesterday's far right.

Sure, there was a civility to the debate, a congeniality that was pleasant and soothing. But beneath that veneer, if you listened, you could hear the policies of the worst elements of the Republican Party over the past several decades—policies that once were fringe but have now become the mainstream Republican positions.

There are three core examples of this: the cut-taxes/deregulation libertarian perspective that puts even greater faith in the magic of an unfettered private sector than it did before the economic cataclysm of 2007-08; a social conservatism that is hard line on same-sex marriage and abortion rights; and a newfound isolationism that is an overreaction to the adventurism and unilateralism of President George W. Bush.

Consider the principles that virtually all the candidates swore allegiance to in this so-called moderate debate:

In the economic sphere, they propose to cut taxes once again for the rich, and to nearly eliminate taxes on capital gains, interest, and dividend payments. No matter that the economy and job market have only gotten worse since President Bush pushed down tax rates. They propose to repeal Dodd-Frank and Sarbanes-Oxley, as if overregulation was the cause of the Wall Street meltdown. They propose to eliminate most of the regulations that the EPA and other agencies have promulgated. And they swear to prevent any more bailouts or stimulus spending, as if the auto bailout failed.

They seek to repeal the New Deal, repeal Keynesian economics, repeal all that worked from the Great Depression until 2000: 70 years during which we created the middle class, the finest infrastructure in the world, and the greatest economy the world has ever known. This is radical, not moderate.

In the social sphere, the candidates expressed none of the "compassionate" conservatism that carried George W. Bush forward. On issues relating to marriage and choice, these free-market candidates implored the government to intervene in the private lives of citizens. This is radical, not moderate.

In foreign policy, they express an isolationism that is fascinating because it is completely antithetical to Republicans' insistence on American exceptionalism. These candidates now seem focused exclusively on withdrawing into our tent and pretending the rest of the world is not there. This is radical, not moderate.

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