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Archive of Articles in the "Economics" Category

Media Can't Admit They Were Wrong About Warren's DNA Test

[ Posted Monday, August 19th, 2019 – 17:14 UTC ]

The mainstream media does a good job on some things, I'd be the first to admit. But admitting they were wrong is simply not one of them.

Case in point is Elizabeth Warren's DNA test. Back when she revealed the results of the test, the inside-the-Beltway punditocracy jumped to a rather overblown conclusion: Warren's DNA test had been such a monumental and fundamental error that her campaign for the presidency was over before it began. Warren's chances were completely written off by just about every pundit banging on a keyboard. She was toast, they all told each other at their cocktail parties, and they shared this conventional wisdom with their readers and viewers, confident that it was an accurate read of the situation.

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Friday Talking Points -- Let's Replace Columbus Day With Leif Eriksson Day!

[ Posted Friday, August 16th, 2019 – 17:01 UTC ]

This week, the Wall Street Journal revealed that Donald Trump, for some strange reason, now wants to try to buy Greenland again. The Washington Post later followed up on the story:

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Sanders And Warren Rising In The Polls, But Biden Still Dominates

[ Posted Thursday, August 15th, 2019 – 17:23 UTC ]

The 2020 Democratic presidential field shrunk today, as John Hickenlooper dropped out of the race. He becomes the fourth such candidate to do so (after Richard Ojeda, Eric Swalwell, and Mike Gravel), but even with four gone there are still a whopping 23 candidates left in the running.

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Summer Bugaboos: Moscow Mitch Versus The Squad Versus The Fed (Oh, My!)

[ Posted Wednesday, August 14th, 2019 – 17:29 UTC ]

chris-weigant weigant politics political blog opinion nancy-pelosi moscow-mitch mitch-mcconnell moscowmitch the-squad alexandria-ocasio-cortez rashida-tlaib ayanna-pressley ilhan-omar donald-trump recession great-recession economy fed fed-chair federal-reserve bugaboo midterm 2018 2020 election campaign grim-reaper election-security fox-news send-them-back china trade-war tariffs barack-obama inverted-yield-curve lions-and-tigers-and-bears

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Friday Talking Points -- The Fallout Continues

[ Posted Friday, August 9th, 2019 – 17:27 UTC ]

Will anything actually change this time around? Will these mass shootings finally spur the politicians to act, when all the others didn't? While it's easy to be pessimistic, since it is rare indeed that anything happens after such tragedies, perhaps this time is different. We couldn't say why this time seems to have had more of an impact than the other 250 times it has happened this year, but so far it has. Perhaps it was the fact that there were multiple mass shootings in a single day or perhaps it was the high body count or perhaps it was the El Paso gunman's obvious racist motivation, but for whatever reason this time could be different.

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Friday Talking Points -- Judging The Fire In The Belly

[ Posted Friday, August 2nd, 2019 – 17:22 UTC ]

Well, the second round of the Democratic debates is over, which means we are now smack in the middle of the debate about the debates. This is a window where we don't yet have an accurate picture of whether this week's debates will change anything in the polling (likely outcome: not very much), so instead of hard data all we have to argue about is sheer speculation and opinion. And, from what's being said, some are wringing their hands with worry.

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Throwdown In Motown (Part 2)

[ Posted Thursday, August 1st, 2019 – 17:53 UTC ]

Whew! The second Democratic presidential debates are now officially in the history books. Thankfully, this will likely be the last marathon two-night debate round, as the third debate is likely to cut the field so significantly that those who qualify might all be able to fit on a single stage.

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Throwdown In Motown (Part 1)

[ Posted Wednesday, July 31st, 2019 – 16:39 UTC ]

Last night was indeed a throwdown in the Motor City, with 10 Democrats sparring on one stage. My overall impression of the first round of the second debates was that this was, in many ways, the debate that I've been personally itching to see for at least four years now. It was a direct confrontation between the "moderate" or "centrist" wing of the Democratic Party versus the "progressive" or "Democratic" wing of the party. It rarely descended into personalities, and instead remained a purely ideological battle of different visions for how to lead both Democrats and the entire country into the future. We almost got such a debate last time, with Bernie mixing it up with Hillary, but there was far too much personality getting in the way of the purely ideological debate. Also, both the country and the Democratic Party have moved significantly since 2016, so the ground for this debate has shifted.

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Second Debate Prep

[ Posted Monday, July 29th, 2019 – 16:10 UTC ]

The second round of Democratic presidential debates begins tomorrow night. CNN will host two nights, with 10 candidates randomly drawn for each night. The lineups are more interesting than the last time around, at least to me, so it should make for some interesting television to watch. Added to the excitement is the prospect for many of the candidates on stage that this may be the last time they get to appear at such an event. With little to lose, the minor candidates may be making a lot more noise, in other words.

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Friday Talking Points -- #MoscowMitch

[ Posted Friday, July 26th, 2019 – 17:47 UTC ]

We're going to wait until the talking points to fully delve into the catchy hashtag #MoscowMitch, because we feel the point being made is an important one that may just get a whole lot more attention over the next month or so (if the Democrats are capable of following through, that is -- always an open question). Suffice it to say for now that Mitch McConnell is taking an absolutely indefensible stand by essentially aiding and abetting America's enemies.

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