ChrisWeigant.com

Archive of Articles in the "Economics" Category

The Budget Deal's Crass And Craven Politics

[ Posted Wednesday, December 11th, 2013 – 17:34 UTC ]

The big political news of the day is that Republican Representative Paul Ryan and Democratic Senator Patty Murray have hammered out a new budget deal. Mostly, this news focuses on the details of the agreement, or the sheer jaw-dropping astonishment that a deal was reached before the next artificial deadline was hit. This last bit is actually laughable and not a little pathetic, when you consider how low the bar now is for Congress meeting the responsibilities outlined in their job descriptions. But even that is not the most cynical (or, if you're in a more forgiving mood, "most crassly political") aspect of the deal, which news reports are mostly missing today. Because, to me, the most appropriate headline from the new budget deal should really be: "Democrats And Republicans Agree To Remove Budget Negotiations From 2014 Campaign, Out Of Fear."

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Friday Talking Points [284] -- Defending Populism

[ Posted Friday, December 6th, 2013 – 18:26 UTC ]

A little-noted anniversary happened this week -- because it has been 80 years since Americans came to their senses and passed the Twenty-First Amendment, thus repealing the lunacy of Prohibition. So there's something to raise a glass to, over the weekend. So to speak.

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Obama Poll Watch -- November, 2013

[ Posted Tuesday, December 3rd, 2013 – 17:23 UTC ]

November was either a very bad month for President Obama in job approval polling, or his worst month ever. Take your choice.

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The Obamacare Website, Version 1.1

[ Posted Monday, December 2nd, 2013 – 15:49 UTC ]

The Obama administration just rolled out what could be called "version 1.1" of HealthCare.gov, the website set up as a health insurance exchange for Americans who live in states which didn't set up their own state-level exchanges. In the computer world, "version 1.1" normally means "the first bug-fix version" of a piece of software. After two months of nothing short of disaster, the White House is now confident that the website is ready for prime time. Mostly.

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Minimum Wage The Best 2014 Democratic Strategy?

[ Posted Tuesday, November 26th, 2013 – 16:58 UTC ]

But having said all of that, and barring any unforeseen gigantic issues on the horizon, we can at least look at what both parties have to play around with in the campaign. One side in particular is already telegraphing what will occupy the center stage of their campaign platform. It's not even really "guesswork" to state now that Republicans will be placing Obamacare at the center of their efforts. Figuring out the Democratic strategy is a bit harder, though.

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A Big Helping Of Thanksgiving Politics For All

[ Posted Monday, November 25th, 2013 – 17:59 UTC ]

Millions of Americans will travel home for Thanksgiving this year, and millions of the same Americans will get into heated political discussions at some point during the festivities. Most of these political discussions will wind up convincing nobody, because the whole point of them is (at heart) to casually ridicule other members of your family -- you could just as easily tease each other about who you went to the prom with or some other event from your past. The net result is the same. Liberals will travel to heartland towns and be called tree-hugging bleeding hearts (or worse) and conservatives will travel to cosmopolitan settings and be called heartless hicks and hayseeds (or worse), and everyone will then happily decamp to the living room to watch football.

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Not Katrina II, But BP Oil Spill II?

[ Posted Monday, November 18th, 2013 – 17:46 UTC ]

The parlor game of which I speak could be called "match the scandal." The rules are simple: pick a scandal from days gone by and make a comparison to the current scandal unfolding in the news. This time around, the question appears to be: "What can be easily likened to the Obamacare website rollout disaster?" The favored answer so far seems to be: "It's Obama's Katrina!" But I don't think you need to look back even that far -- I think Obama's own previous experience gives a much more useful metaphor for pundits to casually bat around while waiting for the announcement from the White House that the website is (mostly) fixed. Because, to me at least, the last two months are reminiscent of nothing more than watching the seemingly-endless gusher of oil erupt from the floor of the Gulf of Mexico, after the Deepwater Horizons drilling rig exploded and caused the BP oil spill.

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Friday Talking Points [282] -- A "Regular Disorder" Rant

[ Posted Friday, November 15th, 2013 – 19:21 UTC ]

Let's see, what happened last week?

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Will It Be Enough?

[ Posted Thursday, November 14th, 2013 – 17:13 UTC ]

President Obama held a rather extraordinary press conference today, to defend his embattled Obamacare website rollout and announce an administrative fix to the larger Obamacare program of people who have had their insurance cancelled. The big unanswered question after the presser was done: will it be enough?

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Insanely Early 2016 Speculation (Chris Christie Edition)

[ Posted Tuesday, November 12th, 2013 – 18:04 UTC ]

The proper response to such prognostication, at this point, is really: "It's way too early!" This is because it is, in fact, too early to predict much of anything that will be happening in 2016. It is, to borrow a favored phrase of Steve Jobs, insanely early for such speculation.

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