ChrisWeigant.com

Archive of Articles in the "Economics" Category

On Tactics

[ Posted Thursday, March 10th, 2011 – 17:23 UTC ]

To be fair, Democrats and Republicans alike are prone to doing this sort of thing. Both using political tactics such as these, and decrying them as being somehow "unfair." There's no monopoly by either party on this type of political hypocrisy. Yes, hypocrisy is the right word to use. Unless you'd prefer "political moral relativism of the worst kind," which is slightly more accurate but a little wordy. Either way, the equation reads: "This sort of thing is just fine when our side uses it, but downright evil when the other side does the same thing."

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Obama Challenges Republicans By Supporting Wyden-Brown

[ Posted Wednesday, March 9th, 2011 – 17:30 UTC ]

Last week, President Barack Obama tried to make some news on the healthcare issue. Unfortunately for him, the story was all but swallowed by bigger news (Libya, the budget fight, Charlie Sheen...). But this is a story which deserves some attention, because it might prove to be the answer to the endless bickering on Capitol Hill on what to do about the newly-passed healthcare law. Obama, by backing a bill put forth by Democratic Senator Ron Wyden and Republican Senator Scott Brown, has essentially tossed a gauntlet down in front of the Republican Party. The heart of Obama's challenge: "You think you can do healthcare reform better in your states? Fine. Go ahead and do it better."

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What "The American People" Really Want

[ Posted Monday, March 7th, 2011 – 18:58 UTC ]

Ever since the midterm congressional election last year, Republicans have been repeating the phrase "The American People" as often as they can, as a sort of mantra. This isn't all that unusual, since politicians claiming a popular mandate is par for the course in the political game. But Republicans are exhibiting a rather large amount of overreach when it comes to claiming what "The American People" really want the government to do (and not to do). This is going to be on full display in the coming weeks, as the budget fights heat up (finishing this year's budget, raising the debt ceiling, and tackling next year's budget). Most Republicans, especially those of the Tea Party persuasion, are firmly convinced they've got a sweeping mandate to slash federal spending in all sorts of areas. But they may be surprised by what the public really thinks about these issues, and what they do and do not support. Helpfully, a new poll put out by the Wall Street Journal and NBC shows a clear list of priorities for what the people really want to see cut, and what they don't.

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Friday Talking Points [157] -- Eight Point Nine

[ Posted Friday, March 4th, 2011 – 18:06 UTC ]

While technically true ("job growth" is not the same thing as the unemployment rate), but that last sentence could also have been written as: "the unemployment rate fell at the fastest rate in over fifty years -- since 1958, to be exact." Both are true, and yet they tell very different stories -- "a grim nine percent" versus "fell at the fastest rate in over fifty years."

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Obama Poll Watch -- February, 2011

[ Posted Wednesday, March 2nd, 2011 – 14:17 UTC ]

In January, President Obama had the biggest improvement in his public approval rating of his entire presidency. In February, Obama consolidated and built on his January "bump," by posting his second-most-improved month ever. This turnaround has set the clock back for Obama over a full year (in terms of his overall polling numbers), to roughly where he was in December, 2009. All in all, not a bad month for the president.

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Friday Talking Points [156] -- Fighting On Several Fronts

[ Posted Friday, February 25th, 2011 – 17:20 UTC ]

We've got so much to cover this week, we're going to have to move pretty quickly here. In international news, North Africa and the Middle East are still seething. The American news media, however, are (I actually heard this phrase being used by someone with a blowdried haircut the other night on television) experiencing "revolution fatigue." Seriously. They're bored with the whole storyline. Another dictator fell? Crowds of unarmed people being machine-gunned? Yawn. Don't we have an Oscars story we could run, instead?

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Labor Shut Out Of Sunday Morning Talk Show Circuit?

[ Posted Thursday, February 24th, 2011 – 18:17 UTC ]

Now, apparently, organized Labor is outside the realm of what is allowable on mainstream political shows. Even when the subject at hand is organized Labor.

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No Budget? No Pay.

[ Posted Tuesday, February 22nd, 2011 – 17:59 UTC ]

Seriously, how many people does anyone know who get a whole week off for Presidents' Day?!? Congress doesn't take vacations one day at a time, instead it takes off whole weeks -- at the drop of a stovepipe hat. This has long annoyed me, but it becomes particularly odious when Congress is faced with a very serious deadline -- one that might wind up with a government shutdown -- and nobody even suggests that they might want to get back to work while this clock is ticking down. Not Harry Reid, not John Boehner, not Nancy Pelosi, not Mitch McConnell, not any Tea Party Republican -- nobody has even entertained the idea that Congress should forego just one of their weeklong "district work periods" (which any sane Human Resources department would call "vacations").

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My Class Warfare Rant

[ Posted Monday, February 21st, 2011 – 12:39 UTC ]

Before I even begin here, I'd like to address what my critics will respond with, when they hear what I have to say. They're going to call these ideas "class warfare." You know what? They're right. I am calling on the middle class and the working class and all the other classes that make up over 19 out of every 20 Americans to start fighting back. Note that, please -- fighting back. Because there has indeed been class warfare waged in America in recent decades, and our class is losing -- and losing badly. The wealthiest of the wealthy -- the modern-day robber barons among us -- have been successfully waging class warfare on the rest of us for so long now that I am sick of it and I think it's time the rest of us fought back, rather than meekly submitting to the whims of the moneyed class. So, before my critics even have a chance to respond, I will save them the trouble -- you are damn right that there is class warfare happening in America. By admitting this, I'm urging the people who have borne the brunt of the situation to wake up and begin to stand up for what is right.

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Friday Talking Points [155] -- Class Warfare Indeed

[ Posted Friday, February 18th, 2011 – 16:53 UTC ]

Before I even begin here, I'd like to address what my critics will respond with, when they hear what I have to say. They're going to call these ideas "class warfare." You know what? They're right. I am calling on the middle class and the working class and all the other classes that make up over 19 out of every 20 Americans to start fighting back. Note that, please -- fighting back. Because there has indeed been class warfare waged in America in recent decades, and our class is losing -- and losing badly. The wealthiest of the wealthy -- the modern-day robber barons among us -- have been successfully waging class warfare on the rest of us for so long now that I am sick of it and I think it's time the rest of us fought back, rather than meekly submitting to the whims of the moneyed class. So, before my critics even have a chance to respond, I will save them the trouble -- you are damn right that there is class warfare happening in America. By admitting this, I'm urging the people who have borne the brunt of the situation to wake up and begin to stand up for what is right.

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