ChrisWeigant.com

Archive of Articles in the "Economics" Category

Damned If He Does, Damned If He Doesn't

[ Posted Tuesday, August 29th, 2017 – 16:55 UTC ]

President Donald Trump flew down to Texas today. In doing so, he is following a familiar script: "President tours disaster area, personally gives comfort to the afflicted, promises federal aid." Presidents have done such things for a long time, but the tactical problems with arranging such a trip have created a Catch-22 type of situation. Complaints about the details of Trump's visit have already begun, but the interesting thing is that no matter what he had done there would still be something to complain about. Now, I'm generally not one to feel sorry for Donald Trump (see: everything I've written over the past two years), but in this particular case it really seems that Trump -- or any president in a similar situation, really -- is damned if he does, and damned if he doesn't.

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Distracted Reporting

[ Posted Monday, August 28th, 2017 – 16:31 UTC ]

On Friday, President Donald Trump attempted a trick many previous U.S. presidents have used to good effect, and so far at least it seems to be working out for Trump quite well. The trick is to get sensitive news out late on a Friday, in the hopes that the American public (and the press) will be so distracted by the weekend that the story will have much less impact than it normally would have. Really bad news is usually released right before a three-day holiday weekend, so it'll have even less reach and an even-smaller impact. Trump took this to another level last Friday, by releasing some contentious news right in the midst of the biggest hurricane to hit the U.S. in over a decade.

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Friday Talking Points [450] -- A Ping-Pong Flip-Flop Week

[ Posted Friday, August 25th, 2017 – 17:42 UTC ]

Donald Trump ping-ponged his way from being TelePrompTer Trump to being The Real Unfiltered Trump (and then back again) this week. It started off with a rather amazing flip-flop, as Trump essentially admitted that everything he's ever said or thought about Afghanistan was wrong. Not unlike Arthur Fonzarelli, Trump's mouth couldn't actually form the words "I was wrong," but the admission was still there for all to see.

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Two Big Deadlines Are Fast Approaching

[ Posted Thursday, August 24th, 2017 – 16:27 UTC ]

Next month will be a busy one in Congress, with several crucial pieces of legislation (with looming deadlines) due. So, of course, President Donald Trump chose this particular moment to pick a meaningless fight with Senate Majority Leader Mitch McConnell. After all, what better time to antagonize the second-most powerful Republican in Washington?

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Tired Of All The Whining

[ Posted Wednesday, August 23rd, 2017 – 16:52 UTC ]

Maybe we all just misheard him. Maybe it was his outer-borough accent. Maybe what candidate Donald Trump really said was:

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Friday Talking Points [449] -- Cleanup On Aisle Trump

[ Posted Friday, August 18th, 2017 – 17:39 UTC ]

Welcome back to Friday Talking Points! Let's see... anything big happen in the two weeks while we were away?

We're kidding, of course. The flood of sewage from Donald Trump's mouth was so pervasive, it was downright impossible to ignore it from anywhere on the planet. So last week we watched in fear as Trump got in a shoving match with Kim Jong Un, and this week we remained agape while Trump told us what he really feels about people who march with swastikas while screaming about Jews -- that they're "very fine people."

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Friday Talking Points [448] -- Rogue Elephants!

[ Posted Friday, August 4th, 2017 – 17:39 UTC ]

As time goes by, more and more elephants in Washington seem to be going rogue. By this, we mean that resistance to Donald Trump is growing... within the Republican Party. Just last week, three GOP senators (Susan Collins, Lisa Murkowski, and John McCain) denied Trump his sought-after "repeal and replace Obamacare" bill. Senator David Perdue from Georgia summed it up as: "We had three chairmen who went rogue on the Republican caucus and cost us this vote." Since then, other elephants have been going rogue at an increasing rate.

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Trump's Base Support Begins To Erode

[ Posted Wednesday, August 2nd, 2017 – 15:47 UTC ]

For the first six months of his presidency, Donald Trump has always been able to count on a "floor" of public support of around 40 percent. Through thick and thin, four-in-ten Americans approved of the job he was doing. That seems to now be changing. For the first time, his own base is starting to become disillusioned with Trump. So far the change is slight, but the trendline doesn't look good for the near future for the president.

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Friday Talking Points [447] -- Donald Trump, Loser

[ Posted Friday, July 28th, 2017 – 17:17 UTC ]

It was just another week in Trumpland, folks. By that we mean more scandalous behavior and bumbling incompetence packed into one single week than most White House administrations show during an entire term of office. The week really began with the news last Friday that Sean Spicer had decided to quit, upon hearing that Anthony "The Mooch" Scaramucci was to be his new boss. The week ended (the news is breaking even as we write this) that Trump is sacking his chief of staff, Reince Priebus. During the week, Trump also tried his darndest to get Attorney General Jeff Sessions to quit in frustration, while rumors appeared that Rex Tillerson is planning his "Rexit" as well. For good measure, Mooch fired an underling of his, and then just threatened to fire his entire department if he couldn't figure out who was doing all the leaking. In other words, it's getting kind of crowded beneath the Trump bus, as more and more people are casually thrown under it (and as the wheels begin to come off entirely). Just another wacky week at the Trump White House, in other words. Maybe Reince got tired of all the winning?

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The Stupidest Press Conference Ever

[ Posted Thursday, July 27th, 2017 – 16:27 UTC ]

I just finished watching a press conference which, in my humble opinion, should be marked in the annals of Washington stupidity as the absolute stupidest press conference of all time. That's a pretty sweeping statement, but it was a pretty breathtakingly stupid presser. It was a giant profile in cowardice, really.

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