ChrisWeigant.com

Archive of Articles in the "Economics" Category

Light Bulb Moment

[ Posted Tuesday, July 12th, 2011 – 17:28 UTC ]

I should begin by saying that if you have no idea what I'm talking about at all, you are in good company. Most Americans don't even know there's a light bulb debate happening right now in Congress. If you live in California, however, you likely have already realized what is going on: standard light bulbs are being effectively banned.

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The Big Debt Ceiling Stall

[ Posted Monday, July 11th, 2011 – 16:21 UTC ]

The entire political world right now is holding its collective breath over whether a deal will be struck between President Obama and the leadership of Congress to raise America's debt ceiling. The more honest observers of this process have noted the "Kabuki theater" nature of the proceedings, as they wisely discount the possibility that the deadline will be reached with no agreement in place. "This is all for show," the jaded pundits assure us, "there will be a deal." But this reasoning can be taken one step further: not only will there be a last-minute deal, but the deal will not happen until that last minute -- and this is by design. While duelling press conferences amuse the public, behind the scenes the name of the game Obama and the Republicans are playing could rightly be called "The Big Stall."

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Friday Talking Points [172] -- Obama's Fourteenth Option

[ Posted Friday, July 8th, 2011 – 15:44 UTC ]

The silly season has come early to Washington, it seems. The root cause is a simple fact of American politics these days -- sometimes, there just can't be transparency. That's a fairly provocative statement, so allow me to explain my reasoning in detail. Then, later on (in the talking points section of our program), we'll get into the option of the Fourteenth Amendment to the Constitution, and how Obama should be using it right about now. But for now, it's time for a sober assessment of where Washington currently stands.

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Obama Poll Watch -- June, 2011

[ Posted Wednesday, July 6th, 2011 – 13:21 UTC ]

As many were predicting, President Obama's bounce in approval polls due to the death of Osama Bin Laden did not last very long. While Obama started the month still strongly riding the wave of public approval from the Bin Laden raid, this had mostly dissipated by the second week in June, and Obama's poll numbers flattened out after that. The plateau he hit at this point is slightly higher than he had before the "OBL bump," but that's about the only consolation for Obama fans in the June numbers.

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Friday Talking Points [171] -- Excerpting Obama's Press Conference

[ Posted Friday, July 1st, 2011 – 16:29 UTC ]

Since the year is now exactly half over, I took the opportunity yesterday to tally up how much vacation time Congress has taken this year, so far. The answer is pretty shocking -- the House has taken 46 out of a possible 125 non-holiday weekdays off, and the Senate (not to be outdone) has gone on vacation for 49 days out of those 125. To put this another way, out of 26 weeks Congress could have worked, the House took over nine weeks off on vacation, and the Senate took almost ten weeks to play rather than work. Something for everyone to ponder as we all enjoy our measly three-day vacation this weekend!

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No Budget? No Paycheck!

[ Posted Wednesday, June 29th, 2011 – 16:16 UTC ]

California has just concluded its first test of a radical concept: if legislators can't manage to do one of the most basic tasks they are hired to do in a timely manner, then cut their pay. No on-time budget? No paycheck. Period. And while there's not enough data to draw any hard-and-fast conclusions, the idea seemed to work exactly as it was designed: this time around, the politicians were very personally motivated to do their job.

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Friday Talking Points [170] -- Newt Loses Two, Huntsman Gains An "H"

[ Posted Friday, June 24th, 2011 – 16:13 UTC ]

Well, it's certainly been an eventful couple of weeks, hasn't it?

We're back on our regular weekly schedule here after returning home from our second trip this month (this one to Netroots Nation), after which I can firmly conclude that flying, these days, sucks. Big time. Sigh.

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Random Netroots Nation Musings [Part 2]

[ Posted Thursday, June 23rd, 2011 – 17:03 UTC ]

Finally, I leave you with a secret, just in case you ever find yourself attending a Netroots Nation convention: if you want to guess which state will host Netroots Nation next year, look for a senator attending who is not from the state you're currently in.

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From The Archives -- In Defense Of Hookers

[ Posted Monday, June 20th, 2011 – 00:11 UTC ]

[Program Note: OK, since I've been away, and since June has been a (shall we say) "sub-par" month for us here in terms of posting things in a timely manner, I'm going to run a rare late-Sunday column for your edification. This is, in some ways, a mea culpa for the break in service last week. Also, it seemed appropriate, since I've been away so much this month that I pretty much completely missed commenting on the continuing saga of Anthony Weiner. So, while Weiner's case was a bit more unique (no hookers were even involved), I thought it time to dig this column out from three years ago, which I wrote in the wake of the Eliot Spitzer scandal. You may also wish to check out a follow-up column I wrote entitled "On Whores" in November of 2009. In any case, this column somehow seemed appropriate, given the mainstream media frenzy in the past few weeks....]

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Friday Talking Points [169] -- Weiner Roast

[ Posted Friday, June 10th, 2011 – 15:40 UTC ]

Having just gotten back from a trip abroad where the news was dominated by the story of a politician facing severe consequences (and the end of his political career) for his sexual misconduct, I opened up the pages of the American news to find... well, pretty much the same thing.

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