ChrisWeigant.com

Archive of Articles in the "Economics" Category

My Snap Reactions To The State Of The Union

[ Posted Tuesday, February 5th, 2019 – 23:21 UTC ]

As usual, what follows are my own snap reactions to President Donald Trump's second State Of The Union speech (he's actually now given three such addresses to Congress, but the first one doesn't technically count as a State Of The Union speech). I write all of this before hearing or reading what other pundits thought, so I won't be influenced by any sort of groupthink about the speech.

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Friday Talking Points -- 2020 Democratic Field Gets Bigger By The Day

[ Posted Friday, February 1st, 2019 – 19:38 UTC ]

The biggest news on the Democratic side of the aisle -- as it will be from now until at least the spring of 2020 -- is the presidential contest. The race is getting bigger, as more and more people toss their chapeaux into the ring.

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Tax The Rich

[ Posted Friday, February 1st, 2019 – 18:29 UTC ]

There's something new in the air in Democratic politics, or at the very least something old that is now getting a whole lot more attention now than it has in a long time. Nothing shows the pivot in the Democratic Party away from Clintonian centrism (or corporatism) back to the party's workingman roots as much as the newfound eagerness to tax the rich. So far, the only real disagreements among Democrats are how to tax the rich, not over whether they should be taxed more at all. This is a sea-change from what the party stood for back in the 1990s, when being "business-friendly" was something Democratic politicians strove for.

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Not Just A River In Egypt

[ Posted Monday, January 28th, 2019 – 17:52 UTC ]

Denial, as the punny saying goes, is not just a river in Egypt. President Donald Trump seems to still be floating down De Nile, however, oblivious to the world of reality around him. This isn't exactly a crisis yet, but it certainly will become a lot more noticeable as time goes by.

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Friday Talking Points -- Trump Caves!

[ Posted Friday, January 25th, 2019 – 18:28 UTC ]

President Donald Trump's government shutdown became only the second-biggest media story this morning, after the news broke of an early-morning raid that wound up with the arrest of Roger Stone on charges of obstruction and witness-tampering. Bob Mueller's investigation just caught another witch, in other words. Trump, of course, can't stand to see (1) news about Mueller, and (2) any television news story that isn't all about him, so he immediately decided to make even bigger news, by caving completely on the shutdown and handing Nancy Pelosi exactly what she's been demanding all along.

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Let Pelosi Be Pelosi

[ Posted Thursday, January 24th, 2019 – 18:00 UTC ]

A scant few months ago, the topic du jour at the Washington cocktail parties was whether Nancy Pelosi would even become the next speaker of the House. Maybe a revolt-from-within would take her down. She was seen as (pick one): too old, too weak to fight Trump effectively, too centrist, or too squishy when the going got tough. These arguments now seem laughable, but an outsized amount of attention was paid to them in the punditocracy, and not all that long ago. Is anyone now still wondering whether Pelosi can effectively take on Trump, or whether her age precludes her from being an effective Democratic leader?

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Rev. Dr. Martin Luther King Jr.'s Nobel Peace Prize Acceptance Speech

[ Posted Monday, January 21st, 2019 – 18:28 UTC ]

December 10, 1964, Oslo, Norway

I accept the Nobel Prize for Peace at a moment when twenty-two million Negroes of the United States of America are engaged in a creative battle to end the long night of racial injustice. I accept this award in behalf of a civil rights movement which is moving with determination and a majestic scorn for risk and danger to establish a reign of freedom and a rule of justice.

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Friday Talking Points -- Only Halfway Through Our National Nightmare

[ Posted Friday, January 18th, 2019 – 19:24 UTC ]

The government shutdown hits the one-month milestone this weekend, but there's an even more significant calendar event which will happen as well: Donald Trump hits the halfway point of his term in office. Or, to take into account all the possibilities, we'd have to say "at least the halfway point," since if he doesn't serve his whole term for one reason or another (for, you know, whatever reason...) then he'd have hit his halfway point already, at some point in the past. So please read that headline as a worst-case scenario. We're only halfway through this rollercoaster ride, folks.

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Mitch McConnell's Fear Of H.R. 1

[ Posted Thursday, January 17th, 2019 – 18:18 UTC ]

Senate Majority Leader Mitch McConnell took the time this week to pen an opinion piece in the Washington Post warning of the dire consequences that would happen if the Democratic House's first bill (H.R. 1, or the "For The People Act") ever became law. He calls it the "Democrat [sic] Politician Protection Act." However, he really fails to explain why anything in the act (other than changes to the Federal Elections Commission) would specifically help Democrats at the expense of Republicans. Instead, his article reads as nothing short of free-floating angst over the changes Democrats are proposing.

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What Democrats Are Looking For In A 2020 Nominee

[ Posted Monday, January 14th, 2019 – 18:26 UTC ]

Today seems to be another day for speculating about the upcoming Democratic presidential primary race, and (more specifically) answering the question: "What do Democratic voters want to see in a 2020 presidential nominee?" Since there is no real news today on the government shutdown front, I thought I'd join in this speculation. My apologies to those who are in the "It's just too damn early to even think about" camp, in advance. If you're one of those, I'd suggest just skipping today's article altogether.

The easiest and best answer to the question, of course, is: "Someone who can beat Donald Trump." That is going to be the overwhelming and deeply-held consensus among Democratic voters this time around. Trump is seen as such a titanic disaster among the Democratic base that they'll be willing to forgive a lot if they feel their candidate has the best chance of defeating Trump, in other words.

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