W Post
 
Top Romney adviser calls for  third party
 
 




 
By Matt Miller
July 1.  2013

 
 
< 
Now he tells us! 
Buried deep inside “_Balance_ 
(http://www.amazon.com/gp/product/B00A285XUW?ie=UTF8&camp=1789&creativeASIN=B00A285XUW&linkCode=xm2&tag=slatmaga-20)
 ,” 
his illuminating new book on the history of the  decline of great powers, 
Glenn Hubbard, Mitt Romney’s top economic adviser and  the dean of _Columbia 
Business School_ (http://www0.gsb.columbia.edu/faculty/ghubbard/) , says we 
need a third political  party to shake things up and get the debate the 
country needs. 



 
I wish I could say Hubbard is a tortured soul driven by Romney’s  
disappointing campaign to seek a better way. That would be a dramatic story, 
but  it’
s not true. Hubbard is loyal to Romney and proud of many of the campaigns’s  
proposals. The soft-spoken dean is more green eyeshades than bomb-thrower. 
But  Hubbard is also convinced that the two party “duopoly” is failing the 
country.  Sometimes our subversives show up in shades of gray.  
Hubbard’s and co-author Tim Kane’s book is a chronicle of the 
institutional  and political stagnation that has led great polities from 
ancient Rome to 
 contemporary California to squander their position and eventually fall. 
But  tucked away amid these historical case studies is a surprisingly fresh 
vision  from a top Romney insider as to what’s needed to spare the United 
States the  same fate. 
For starters, Hubbard thinks the difference between our political parties 
is  exaggerated, saying “the contrast is cartoonish.” He and Kane continue: 
“Most liberals recognize the vitality of the private sector, not the state, 
 as the foundation of prosperity. And most conservatives believe in the 
modern  federal role in our economy — for the central bank’s authority, for 
programs  that fight poverty at the federal level, for national security, and 
even for  social security . . . The budget proposal crafted by  . . . 
Romney . . . envisions a federal level of  expenditures equal to one-fifth of 
gross domestic product. That spending level  is not far away from the level 
under President Obama of one-fourth of  GDP.” (Italics mine).  
So much for Kenyan socialism. Let us say again: Now he tells us! 
Hubbard’s most controversial argument is that Citizens United can  help 
move us past the narrow boundaries of debate that have proven unequal to  our 
long-term challenges. The very thought can make progressive heads explode,  
but Hubbard isn’t trumpeting money to enhance the power of the plutocrats; he’
s  making a subtler point about what ails us.  
In Hubbard’s view, well-meaning campaign finance reform since the 1970s has 
 helped fuel gridlock and stagnation by channeling big political money  
exclusively to our two major parties and their inadequate ideas. Hubbard thus  
sees Citizens United as holding the potential to liberate the country  from 
a duopoly that is not delivering meaningful progress on everything from the  
national debt to jobs to schools. With big political cash unbridled, 
Hubbard and  Kane write, “we anticipate a third party that stands for something 
radical, like  the abolitionists of the 1860s did, and a fourth party, a fifth 
party, and most  important of all, truly independent legislators.” 
“A third party that stands for something original,” _they add in a Foreign 
Affairs piece _ 
(http://www.hudson.org/index.cfm?fuseaction=publication_details&id=9630) on how 
the Supreme  Court’s decision might create space for 
new ideas, “might well gain ground.” 
Speaking as someone who’s long been vulnerable to third party temptation 
for  much the same reasons, I say, “Come on in, the water’s fine!”  
In an interview, Hubbard told me he and Kane simply want “greater  
competition.” “The right number of parties in the U.S. is still two,” Hubbard  
says. “The question is whether its these two in their current form.” He finds  
the Ross Perot model of 1992 — where the Texan’s deficit fetish was 
co-opted by  Bill Clinton and altered his party’s agenda — compelling.  
I asked Hubbard if he expects to take flak from Republicans for his  
Republican-ideas-are-inadequate views.  
“Probably,” he says, pausing for a moment. “But I’m not saying the 
Republican  party will go away. What I hope is that we’ll have the strongest 
ideas 
emerging  . . . and I don’t see how anyone can object to that.” 
Hubbard laments that the quality of debate in 2012 was poor. He gives his  
party the edge when it comes to good ideas on tax reform, and Democrats the 
edge  on immigration, but he says too many critical issues were talked about 
“in a  non-serious way.”  
Education was the biggest offender. Both parties were just “mouthing the  
words,” he says. In Hubbard’s view, smart human capital initiatives are 
likely  to be expensive and also innovatively tailored to individuals. 
Democrats 
won’t  embrace needed innovations because they’re under labor’s thumb, and 
“Republicans  don’t want to spend the money.” 
“People think I’m crazy” when it comes to Citizens United, Hubbard  
acknowledges. But without the backing of big money, he insists, “it’s very  
difficult for a new idea or a new politician to break through the duopoly.”  
Hubbard’s fear is worth taking seriously: if something new doesn’t shake  
things up, we’ll head into 2016 with the same pinched debate that has us on  
track to follow Rome and many other proud regimes into the dust.

-- 
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