ChrisWeigant.com

Archive of Articles in the "Economics" Category

Vote-A-Rama Continues

[ Posted Monday, June 30th, 2025 – 15:38 UTC ]

In Washington, all eyes are on the Senate today. They are currently going through the procedure known as "vote-a-rama" (which is right up there with the "Byrd bath" when it comes to cutesy-poo terms for legislative activity). The vote-a-rama is taking place on the Republican budget bill (which is not cutesy at all, because it is filled with poo).

Read Complete Article »

Friday Talking Points -- GOP's Budgetary Crunch Time

[ Posted Friday, June 27th, 2025 – 18:14 UTC ]

It's not exactly front-and-center in the news, but Republicans have entered a budgetary crunch time in a big way. The outcome is going to be extremely significant to hundreds of millions of Americans, but reporting on it is time-consuming and detail-oriented, so it's a lot easier to just chase whatever shiny object Donald Trump trots out for the press instead.

Read Complete Article »

Political Earthquake In The Big Apple

[ Posted Wednesday, June 25th, 2025 – 15:52 UTC ]

A political earthquake just happened in New York City last night. Zohran Mamdani seems to have won the Democratic primary in the mayoral election, defeating former governor Andrew Cuomo. The results won't be final for another week, and the margin of victory will change (since the voting was by ranked-choice ballot), but last night Cuomo conceded defeat. This morning, there is plenty of buzz about what this all means to the bigger Democratic Party picture, but while it was a stunning upset for New York City it may not be a harbinger of much of anything in the rest of the country. I say this because the circumstances were so unique, and because New York City is not the rest of America.

Read Complete Article »

Unanswered Questions

[ Posted Monday, June 23rd, 2025 – 16:17 UTC ]

We stand at a turning point, but as is common at such a juncture, nobody knows exactly what is going to come next. By bombing Iran's nuclear facilities, the United States is now at war, but what that will mean going forward is really anyone's guess right now.

Read Complete Article »

Friday Talking Points -- Run It Up The Flagpole

[ Posted Friday, June 20th, 2025 – 19:09 UTC ]

Maybe Donald Trump missed his calling in life. Maybe he secretly dreams of running a car dealership lot. Previously, he turned the White House lawn into a showroom for Teslas (as he showed his tenuous grasp of the English language, saying: "It's all computer!"). Now he has erected two very tall flagpoles on the White House grounds, complete with the sort of giant flag one usually sees from a highway to signify an auto dealership. Which means our title this week pretty much had to be based on the maxim: "Let's run it up the flagpole and see who salutes!"

Read Complete Article »

90-Day Clock Is Ticking Down

[ Posted Thursday, June 19th, 2025 – 15:47 UTC ]

Next month, America will celebrate its 249th birthday on July 4th. But the rest of the world will be much more concerned with what happens five days later, on July 9th. That is the deadline for Donald Trump's 90-day "pause" in what he calls his "reciprocal tariffs" on the rest of the world. Either countries have a new trade deal in place with the U.S. by that date, or else steep tariffs will once again be imposed upon them.

Read Complete Article »

The Pros And Cons Of Attacking Iran

[ Posted Wednesday, June 18th, 2025 – 16:37 UTC ]

Today Donald Trump was asked whether he had made the decision to attack Iran's nuclear sites or not. He answered with perhaps the truest words he has ever spoken: "You don't seriously think I'm going to answer that question. You don't know that I'm going to even do it. You know, I may do it. I may not do it. I mean, nobody knows what I'm going to do." It's hard to disagree with that, really.

But the subject deserves more than just snark, since it is a serious decision Trump has to make -- and it would be an equally tough decision for any U.S. president to have to make. Entering the country into a war is always a serious decision, and it should be treated as such by all concerned.

The stakes are high. There are valid arguments to be made on both sides of the issue. Whatever Trump decides, it will come with some degree of risk -- both for the country and for him politically.

Read Complete Article »

Trump Backs Down On Farmworkers

[ Posted Monday, June 16th, 2025 – 15:36 UTC ]

Donald Trump bent to reality last week, issuing an order that amounts to a stunning turnaround on his "mass deportation" policy. Instead of rounding up every undocumented immigrant in sight everywhere, ICE will now back off on raiding farms, meatpacking plants, hotels, and restaurants. Because the reality of the situation is that if you removed all the undocumented immigrants from these industries, they would essentially grind to a halt. Which Trump has (thankfully) now finally realized.

Read Complete Article »

Friday Talking Points -- A Shameful Display

[ Posted Friday, June 13th, 2025 – 17:55 UTC ]

It has been a week of dangerous precedents being set -- and it's not over yet.

One precedent that didn't get much media attention (but which is truly disturbing) was Donald Trump giving a nakedly political speech to American soldiers in uniform, where he pre-screened the crowd for both looks and ideology. One memo sent out before Trump arrived specified: "No fat soldiers." Another stated: "if soldiers have political views that are in opposition to the current administration and they don't want to be in the audience, then they need to speak with their leadership and get swapped out."

Read Complete Article »

Friday Talking Points -- No YOU'RE The Poopyhead!

[ Posted Friday, June 6th, 2025 – 18:31 UTC ]

The world's richest man and the world's most powerful man got into an online fight yesterday, which began when Elon Musk tweeted out: "Donny Trump is a poopyhead!" -- to which Donald Trump immediately responded: "No YOU'RE the poopyhead Elon!!!"

Well, no. That's not actually how it happened. But it's not that far from the reality, sad to say.

Read Complete Article »