From Robert Kuttner, The American Prospect <[email protected]>
Subject Kuttner on TAP: The Biden-Scholz Connection
Date December 8, 2021 8:01 PM
  Links have been removed from this email. Learn more in the FAQ.
  Links have been removed from this email. Learn more in the FAQ.
 

View this email in your browser

**DECEMBER 8, 2021**

Kuttner on TAP

The Biden-Scholz Connection

The new German chancellor can be both an economic soul mate and a key
ally on Ukraine policy.

Olaf Scholz is Germany's first Social Democratic chancellor in 16
years. He has two big things in common with Joe Biden. He is a
reassuring career politician who takes office amid several crises not of
his own making, including foreign policy. And, like Biden, Scholz will
have to scramble to produce a working legislative majority.

In Biden's case, the obstacle to success is a handful of corporate
Democrats and a 50-50 Senate. Scholz has a united party but governs as
the leader of a three-party coalition that includes the center-right
Free Democrats.

The legacy of Biden's Democratic predecessors includes deregulation
and hyper-globalization, which made life worse for a lot of
working-class voters who abandoned the party of Roosevelt for Trumpism.
In Scholz's case, his SPD predecessor Gerhard Schröder cut social
supports for workers and joined with Germany's conservatives in making
budgetary austerity a centerpiece of economic policy.

Now Scholz, saddled with a finance minister from the Free Democrats,
needs to find some fiscal running room, both for Germany and for the EU,
if he is to carry out both the climate ambitions of his Green coalition
partners and the job creation needs of his own Social Democrats.

Scholz also inherits from both his immediate predecessor Angela Merkel
and from former SPD Chancellor Schröder a coziness with Vladimir Putin,
the most tangible expression of which is the Nord Stream 2 pipeline,
which is not yet operating. Russia already supplies 40 percent of the
EU's natural gas.

On this front, Scholz's government may change things for the better.
His new foreign minister, Annalena Baerbock of the Green Party, has
called for suspension of the pipeline, warning that it would open
Germany to blackmail.

On this front, a closer working relationship with a new, harder-line
German government could help Biden out of a nasty dilemma on Ukraine,
where Putin is gambling that Biden will not go to war if Russia invades,
and there are limited sanctions short of war. Germany has already warned
Russia, at Biden's request, that the pipeline would definitely be shut
down

if Russia invades Ukraine.

In the past, Putin benefited from a docile Germany. A closer
Washington-Berlin alliance would signal not only a resurgent progressive
left on economic issues, but a more effective Russia policy.

~ ROBERT KUTTNER

Follow Robert Kuttner on Twitter

Robert Kuttner's latest book is
The Stakes: 2020 and the Survival of American Democracy
.

[link removed]

Gillibrand Slams 'Four Men' for Watering Down Military Sexual
Assault Reform

The New York senator worked for a decade and assembled two-thirds of
the Senate to support her reform, only to see it wither in a closed-door
conference. BY DAVID DAYEN

Biden, Oil Companies Clash Over Price-Gouging Allegations

Although the petroleum giants have a laundry list of complaints, they
continue to make bank. BY CONNOR BULGRIN

Republicans Want Robinhood to Keep Ripping Off Day Traders

A new bill from Sen. Pat Toomey seeks to protect a time-honored
tradition. BY ALEXANDER SAMMON

The Myth of Artificial Intelligence

'The Age of AI' advances a larger political and corporate agenda.
BY MEREDITH WHITTAKER & LUCY SUCHMAN

[link removed]

To receive this newsletter directly in your inbox, click here to
subscribe. 

 

Click to Share this Newsletter

[link removed]

 

[link removed]

 

[link removed]

 

[link removed]

 

[link removed]

YOUR TAX DEDUCTIBLE DONATION SUPPORTS INDEPENDENT JOURNALISM

DID YOU KNOW?
Per the Cares Act extension

for 2021 charitable donations, you can deduct up to $600 from your taxes
even if you don't itemize.

The American Prospect, Inc.
1225 I Street NW, Suite 600
Washington, DC xxxxxx
United States
Copyright (C) 2021 The American Prospect. All rights reserved.

To opt out of American Prospect membership messaging, click here
.

To manage your newsletter preferences, click here
.

To unsubscribe from all American Prospect emails, including newsletters,
click here .
_________________

Sent to [email protected]

Unsubscribe:
[link removed]

The American Prospect, Inc., 1225 I Street NW, Suite 600, Washington, DC xxxxxx, United States
Screenshot of the email generated on import

Message Analysis