President Romney vs. President Obama: The Cage Match

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Karl Smith doesn’t care if Mitt Romney is a liar, a cad, or a prick. He just wants to know what concrete things would be different under a Romney presidency compared to an Obama Presidency. My list is so conventional that I’m afraid it’s pretty boring, but here goes. All of this is based on the assumption that if the electorate is pro-Republican enough to elect Romney, it will also be pro-Republican enough to give Republicans control of the Senate.

  • Obamacare gets repealed via reconciliation. And even if that turns out not to be possible, it will be gutted enough to make it all but dead in practice.
  • The judicial system gets packed with a lot more conservative, business-friendly judges.
  • The Bush tax cuts are made permanent.
  • Corporate tax rates are cut substantially. There’s a slim chance that this would be done via a 1986-style tax reform bill that’s a net positive, but since Republicans wouldn’t need any Democratic help to pass it, probably not.
  • The estate tax might very well be eliminated.
  • Overall, for reasons of basic arithmetic, spending cuts will be much smaller than Romney and the GOP are promising, and the deficit will be substantially higher than it would be under Obama.
  • We might stay in Afghanistan significantly longer than we would otherwise — though I’m not sure about this.
  • Tightening of environmental regs would come to a halt. (Though it’s unclear how much of the existing regulatory infrastructure would get rolled back. Probably not that much.)
  • If another financial crisis hits, Romney would be very constrained in how he could deal with it. (So would Obama, but probably somewhat less so.)
  • Although congressional Republicans will be less successful than they’d like at slashing social welfare programs, they’ll still make some cuts. Life will get tougher for the poor.
  • The NLRB would become toothless once again.

For the record, there are also several things I think won’t happen. Norman Ornstein and Thomas Mann argue in the Washington Monthly that Republicans would eliminate the filibuster, but I doubt it. (And I’d count it as a long-term benefit in any case.) Romney has talked tough on China, but that’s just campaign bushwa. He’d quickly find out that his options are extremely limited on this score. On foreign policy more generally, Obama is actually fairly tenacious, despite Romney’s bluster to the contrary, and I doubt that Romney would be able to move much further to his right. Dodd-Frank is a question mark. I suspect some would get repealed (or effectively repealed) but not all of it. This couldn’t be done by reconciliation, after all. Social Security privatization is a nonstarter no matter who’s president. Substantial cuts to Medicare are probably unlikely too. Ditto for comprehensive immigration reform. And Romney’s appointments to the Fed probably wouldn’t be a lot different that Obama’s.

Among big ticket items, what have I missed?

TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

payment methods

TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate