- Bill Daley will scale back his chief of staff duties after shaky tenure.
- Cain will address accusers in a Tuesday press conference.
- More shoes drop.
- The Tribune digs on Sharon Bialek.
- Cain’s anti-gravity candidacy chronicled.
- How Romney frames 2012: “When I was a boy, we used to turn to our parents, as a generation, and ask them how they did during the Great Depression. My guess is, 20, 25 years from now …your kids are going to turn to you and say, ‘How did you make it through the Obama Great Recession?’ How you answer is going to depend, in part, on what happens about a year from now.
- Rick Perry on criticisms of his optional flat tax: “Everybody gets a tax cut under this plan. Everybody. Across the board, every class every group of people get a tax cut.” This is demonstrably false.
- Iowa conservatives vs. Mitt Romney. Iowa conservatives vs. Herman Cain.
- Romney would be a conservative President.
- Perry’s fall mirrors Cain’s rise.
- American want fewer government services but more government health care.
- They think the economy favors the rich.
- As designed by Dodd-Frank, Wall Street pay is expected to fall.
- And Huntsman pokes Mitt:
Morning Must Reads: Gravity
Related Topics: Must Reads
-
Latest on Swampland
Political Picures of the Week, May 18-25
TIME’s photo editors bring you the best pictures of the past week from the Beltway and beyond.
From our PartnersObama Administration Blocks Global Health Fund To Fight Disease In Developing NationsHuffPost Politics
The Phony War: Obama and Romney Are Debating Character, Not Policy
More than five months from Election Day, the back-and-forth about Mitt Romney’s record at Bain already feels played out. Unfortunately, there’s good reason to expect the campaign continues in this vein indefinitely. Neither Barack Obama nor Mitt Romney are terribly interested in dwelling on policy platforms. Romney’s plan to slash spending and keep taxes low on the wealthy isn’t especially popular, at least not at any level of detail beyond a blithe promise to shrink the deficit. Meanwhile, Obama’s signature first-term achievements, like health care, the stimulus and Wall Street reform, are all unpopular or tricky to sell. (The Dodd-Frank bill is the most popular of these, but hyping it means offending wealthy donors.) So what we’re getting instead is a superficial duel about character–and, worse, one that’s based on the largely false premise that the better man can better “manage” the economy back to health.
