ChrisWeigant.com

Archive of Articles in the "Economics" Category

House Poised To Rebuke Trump On Tariffs

[ Posted Wednesday, February 11th, 2026 – 16:16 UTC ]

The House of Representatives -- against the wishes of the Republican speaker -- seems poised to vote today on a direct rebuke to Donald Trump's willy-nilly tariff regime. This is interesting news at the start of a midterm election year, but it probably won't actually serve to rein in Trump. Even so, it would be only the second time the Republican Congress expressly pushed back on Trump for any reason at all, so it is at least noteworthy.

Read Complete Article »

Gaming Elections Can Backfire

[ Posted Tuesday, February 10th, 2026 – 17:44 UTC ]

Sometimes, when candidates or groups spend money campaigning for an election, the strategy works and the desired outcome is achieved. Other times, however -- especially when money is spent to "game" an outcome in sneaky ways -- the effort can backfire spectacularly. The latter just occurred in New Jersey, in a special election to fill a U.S. House seat.

Read Complete Article »

Friday Talking Points -- Outrage After Outrage

[ Posted Friday, February 6th, 2026 – 19:38 UTC ]

Today Donald Trump proved yet again that he is nothing short of a stone-cold racist. He reposted a message on social media that depicted Barack and Michelle Obama as apes. That's really all you need to know about it, other than the fact that (for once) it was so unbelievably offensive that, hours later, it was deleted. The White House blamed an unnamed "staffer," to which Black voters everywhere responded: "Yeah, right." Trump's hatred for the Obamas is well-known, of course, but even some Republicans complained at this latest racist outrage from Trump.

Read Complete Article »

The End Of An Era

[ Posted Thursday, February 5th, 2026 – 16:46 UTC ]

Today marks the end of an era. The geopolitical legacy of the 1980s has now disappeared. Today the last remaining nuclear arms treaty between Russia and the United States expires, with nothing left in its place. Some are predicting that this could set off another nuclear arms race that could see all the nuclear powers beefing up their nuclear arsenal, while other countries decide it is time for them to join the nuclear club.

Read Complete Article »

Let The Negotiations Begin

[ Posted Tuesday, February 3rd, 2026 – 17:10 UTC ]

The government shutdown is over. Today the House passed the Senate funding bill and sent it to Donald Trump, who signed it into law. Which means all parts of the federal government are now open, and a full-year budget is in place for everything except the Department of Homeland Security (which only has a two-week extension). So the stage is set for the negotiations to begin over the reforms Democrats want to impose on ICE and the Border Patrol and all other federal immigration enforcement agents.

Read Complete Article »

Friday Talking Points -- Remember The Names Of Those Who Died On The Streets Of Minneapolis

[ Posted Friday, January 30th, 2026 – 18:47 UTC ]

We're going to begin today with a prediction that is completely unrelated to what happened last week. Because next Friday the 2026 Winter Olympics will begin. Our prediction: the U.S.A. is going to get booed. Loudly. It'll probably be most noticeable during the opening ceremonies, but will likely sporadically pop up throughout the games. Perhaps this is why Donald Trump decided to skip the whole thing and send JD Vance in his place? Maybe Vance -- who is not as well-known worldwide -- won't get booed as loudly as the catcalls would have been if Trump had been there?

Read Complete Article »

Breaking The ICE

[ Posted Thursday, January 29th, 2026 – 16:14 UTC ]

Democrats now stand at one of those rare junctures in politics where things can move quickly and public opinion is pretty solidly on their side. They have leverage, and even more importantly they have a deadline which makes this leverage immediate and potent. Rather than some dragged-out debate that goes on for months, change can be enacted within days (or at the most, weeks). And the opposition is already crumbling. As I said, that is a rare confluence in politics.

Read Complete Article »

Healthcare Premiums Crisis Gets Shortchanged

[ Posted Wednesday, January 28th, 2026 – 16:49 UTC ]

Remember the last government shutdown? It wasn't that long ago. It was, in fact, the longest such shutdown in American history. The Democrats refused to help Republicans pass a budget because they were making a principled stand on an important political issue. Now that we may be days away from another government shutdown, it saddens me to say that the cause that was worth forcing the previous shutdown seems to have completely fallen off not just the Democrats' radar, but everyone else's, too. And that is a shame, because it will bring continued hardship to tens of millions of Americans.

Read Complete Article »

Friday Talking Points -- Standing Up To The Bully Worked

[ Posted Friday, January 23rd, 2026 – 19:16 UTC ]

Welcome back to the ongoing saga of "The Arsonist Fireman." In this week's episode, our protagonist lights a fire which could burn down the entire Western world -- starting with its military alliance -- before grabbing a fire extinguisher and singlehandedly snuffing it out. As usual, he then wonders why everyone doesn't congratulate him on having bravely averted such a disaster.

Read Complete Article »

What The Heck Was That All About?

[ Posted Thursday, January 22nd, 2026 – 16:54 UTC ]

Most of the world is breathing a big sigh of relief right now, while wondering to themselves: "What the heck was that all about?" Well, your guess is as good as mine, since answering that involves plumbing the shallows of Donald Trump's psyche (which is always fraught with uncertainty).

Personally, I am leaning towards: "It was all performative; it was just Trump making sure that all eyes were on him during the Davos conference at the expense of all others," since this fits in perfectly with his own planet-sized ego. He caused a crisis so everyone would freak out, then he "solved" the crisis by backing down. In the meantime, the world's eyes were upon him and his every utterance -- which is exactly what he wanted.

Read Complete Article »