The Candidates and The World

Transition 2012

A guide to foreign policy and the 2012 U.S. presidential transition.

Tracking the Issues: The U.S. Corporate Tax Rate Conundrum

by Newsteam Staff Monday, March 26, 2012
An Astro Manufacturing & Design machine operator checks his work in Eastlake, Ohio February 15, 2012. February 15, 2012 (Aaron Josefczyk/Courtesy Reuters). An Astro Manufacturing & Design machine operator checks his work in Eastlake, Ohio February 15, 2012. February 15, 2012 (Aaron Josefczyk/Courtesy Reuters).

While U.S. presidential candidates on both sides call for lower corporate tax rates, the United States is expected to have the highest corporate tax rate among the world’s developed countries starting April 1 when Japan revises its tax code. Britain, meanwhile, plans to cut the country’s corporation tax on company profits to 24 percent from 26 percent in April and to 22 percent by 2014 (APF), all lower than originally planned. Read more »

Weekend Roundup: Obama’s Nuclear Security Talks

by Newsteam Staff Monday, March 26, 2012
Photo of the Day: Young supporters wait for Republican presidential candidate Rick Santorum at the Ledgeview Bowling Lanes in Fond du Lac, Wisconsin March 25, 2012 (Darren Hauck/Courtesy Reuters). Photo of the Day: Young supporters wait for Republican presidential candidate Rick Santorum in Fond du Lac, Wisconsin March 25, 2012 (Darren Hauck/Courtesy Reuters).

With major political changes for Beijing and Washington on the horizon, President Obama called on China (Reuters) before the second Nuclear Security Summit to use its influence in Pyongyang to stop it from ratcheting up global nuclear tensions. Read more »

Views from Abroad: No Love From China for the GOP Field

by Toni Johnson Saturday, March 24, 2012
A crowd gathers below the portrait of the late Chinese leader Mao Zedong in Tiananmen Square in Beijing March 14, 2010. (David Gray/Courtesy Reuters) A crowd gathers below the portrait of the late Chinese leader Mao Zedong in Tiananmen Square in Beijing March 14, 2010. (David Gray/Courtesy Reuters)

In this week’s views, we return to China where candidates’ foreign policy pronouncements seems to be making waves with the media. Our first stop is People’s Daily Overseas, where they note “some of the presidential candidates choose to groundlessly attack China to shift the U.S. public’s attention from the country’s domestic woes,” and have decided to hit back with this analysis: Read more »

Tracking the Issues: The Battle Over Health Care Reform

by Newsteam Staff Friday, March 23, 2012
A patient is wheeled into an operating room for surgery at at Rose Medical Center in Denver June 20, 2011 (Rick Wilking/Courtesy Reuters). A patient is wheeled into an operating room for surgery at at Rose Medical Center in Denver June 20, 2011 (Rick Wilking/Courtesy Reuters).

The U.S. Supreme Court will begin hearing arguments Monday on President Obama’s 2010 health care law, which many Republicans — including the full slate of GOP presidential candidates — say is unconstitutional because it of its mandate that everyone buy health insurance or face a penalty tax. Read more »

Overnight Roundup:Taking on China on Trade Causing Worry

by Newsteam Staff Friday, March 23, 2012
Photo of the Day: People take pictures of U.S. President Obama after his clean energy speech at Ohio State University in Columbus, Ohio, March 22, 2012. (Jason Reed/Courtesy Reuters) Photo of the Day: People take pictures of U.S. President Obama after his clean energy speech at Ohio State University in Columbus, Ohio, March 22, 2012. (Jason Reed/Courtesy Reuters)

GOP front-runner Mitt Romney’s plan to go further than President Obama or President George W. Bush in confronting China is raising concerns among business-friendly Republicans, who believe it could “set off a counterproductive trade war.” (NYT) Read more »

Tracking the Issues: Drilling Down on Gas Prices Claims

by Newsteam Staff Thursday, March 22, 2012
President Barack Obama walks past a pumpjack on his way to deliver remarks on energy independence at Maljamar Cooperative Association Unit in New Mexico, March 21, 2012 (Jason Reed/Courtesy Reuters). President Barack Obama walks past a pumpjack on his way to deliver remarks on energy in New Mexico, March 21, 2012 (Jason Reed/Courtesy Reuters).

In spite of recent claims from some GOP presidential contenders that increasing domestic drilling will lower gas prices, history seems to show more drilling does not automatically mean lower prices (AP) at the pump, according to a statistical analysis of thirty-six years of monthly gasoline prices and U.S. domestic oil production conducted by the Associated Press. In fact, U.S. oil production has increased 15 percent since 2009, but prices continue to rise. Read more »

Overnight Roundup: Support for the Keystone Pipeline

by Newsteam Staff Thursday, March 22, 2012
Photo of the Day: Voter at a Santorum Get Out The Vote Rally in Mandeville, Louisiana March 21, 2012.  (Sean Gardner/Courtesy Reuters) Photo of the Day: Voter at a Santorum Get Out The Vote Rally in Mandeville, Louisiana March 21, 2012. (Sean Gardner/Courtesy Reuters)

A new Gallup poll shows “a solid majority” of voters want the U.S. government to approve building the Keystone XL pipeline. Republicans are almost twice as likely as Democrats to want the government to approve the oil pipeline and about half of independents also approve. Read more »

Renewing America Watch: Failing the Next-Gen Workforce

by Toni Johnson Wednesday, March 21, 2012
A group of students in Dearborn, Michigan October 25, 2005. (Rebecca Cook/Courtesy Reuters) A group of students in Dearborn, Michigan October 25, 2005. (Rebecca Cook/Courtesy Reuters)

Education has cropped up as an economic sleeper issue for U.S. voters with a debate ensuing about the types of degrees college graduates need to have in the current economy as well as the availability of apprenticeship/training programs necessary to meet the needs of U.S. employers. Read more »

Tracking the Issues: Candidates and the Ryan Budget Plan

by Newsteam Staff Wednesday, March 21, 2012
Copies of "The FY2013 Budget - The Path to Prosperity" March 20, 2012. (Jose Luis Magana/Courtesy Reuters). Copies of "The FY2013 Budget - The Path to Prosperity" March 20, 2012. (Jose Luis Magana/Courtesy Reuters).

GOP presidential candidates came out in immediate support for a new Republican budget plan (WashPost) unveiled Tuesday that would slash spending, lower and simplify taxes, overhaul Medicare, and cut food stamps. The latest budget proposal comes amid strong philosophical differences between Democrats and Republicans over U.S. fiscal policy, particularly how to reduce the country’s growing debt, which numerous analysts argue will force a crisis similar to the eurozone crisis if not soon addressed. Read more »