ChrisWeigant.com

Archive of Articles in the "Economics" Category

Things Are Looking Up For Democrats

[ Posted Monday, August 1st, 2022 – 16:09 UTC ]

The conventional political wisdom all year has been that the Republicans were going to have a big "red wave" midterm election, which would mean Democrats would lose lots of seats pretty much everywhere -- the House, the Senate, and governors' offices. This idea was formulated back when the voters were worried about different things than they are now, however, because life (and politics) is not static -- constant change is the only thing that stays the same. We are just under 100 days until this year's election, which means there is still time for the public's focal point to change even further, as unforeseen events pop up. But it's worth taking a look at how things have shifted over the past few months, because things are looking decidedly better for the Democrats.

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Friday Talking Points -- Democrats In Array!

[ Posted Friday, July 29th, 2022 – 17:18 UTC ]

That title, of course, is intended as a spoof of what some consider the most overused go-to headline in the Washington punditocracy's toolbox: "Democrats In Disarray!" For once, the absolute opposite seems to be true, and it is so glaringly obvious that even the political press's pooh-bahs have had to admit it (full credit where it is due: we got the title from a Politico article). Because Senator Joe Manchin (of all people!) just turned a very rainy day into some beautiful sunshine.

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I Want To Believe

[ Posted Thursday, July 28th, 2022 – 15:42 UTC ]

For the second day running, I am leaning on a pop culture reference to express how I feel about politics. Today's title comes from The X-Files, as it was the slogan prominently displayed on a poster of a flying saucer which hung on Agent Fox Mulder's office wall. So here's what I want to now believe, after last night's bombshell news:

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Three Chances For Democratic Legislative Wins

[ Posted Tuesday, July 26th, 2022 – 15:50 UTC ]

President Joe Biden is hoping for a few legislative wins before the midterms. Three bills in particular seem to have a better-than-average chance of success. They're a far cry from the agenda Biden attempted to achieve last year, but having to deal with two corporatist Democratic senators derailed almost all of these lofty ambitions. So Americans will not be getting tuition-free community college, subsidized child care, free preschool, student loan forgiveness, action on climate change, and a whole host of other ideas that would have dramatically improved the lives of hundreds of millions of American citizens. Thanks, Joe Manchin and Kyrsten Sinema, for nothing.

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Friday Talking Points -- Say It Ain't So, Joe!

[ Posted Friday, July 15th, 2022 – 17:51 UTC ]

And so, once again, we find ourselves in a very familiar place. Senator Joe Manchin has just yanked the rug out from under the lion's share of what he was supposedly negotiating in good faith with Senate Majority Leader Chuck Schumer (and the entire rest of the Democratic Party). Manchin let it be known that two of the biggest things he himself had said he was going to strongly support (in the pared-down version of President Joe Biden's Build Back Better plan) were suddenly verboten and off the table. In other words, Joe Manchin successfully wasted everyone's time -- once again -- for months on end.

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The Price Of Gas

[ Posted Thursday, July 14th, 2022 – 16:23 UTC ]

How Americans feel about "the economy" often depends on what the biggest problems or fears they have at any particular moment. Right now, by many indicators, the economy is doing great -- record numbers of people are working, record numbers of jobs are available, employers are hiring people in droves, unemployment is within 0.2 percent of the record low, wages are going up, most of the supply chain problems have been worked out, and COVID has faded into the background of daily life for most people. That's all good news, obviously, but that's not how most consumers see the economy these days. What is on the top of people's minds is inflation, and nothing exemplifies inflation more than the price of gas.

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The Window's Closing, Joe

[ Posted Wednesday, July 13th, 2022 – 15:37 UTC ]

A window of opportunity in Congress is going to close soon. As usual in these things, Senator Joe Manchin is the key deciding factor as to whether Democrats will hit this window or miss it. In fact, there are actually two windows, a big one and one with a specific focus -- and Manchin is holding both of them up at once.

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Friday Talking Points -- What Would You Say To A 10-Year-Old Rape Victim?

[ Posted Friday, July 8th, 2022 – 16:59 UTC ]

President Joe Biden capped off a pretty good week with a pretty good speech today, given right before he signed an executive order to do what he could to protect women's rights. Biden did so, of course, in response to the "extreme" Supreme Court decision which overturned Roe v. Wade.

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Here We Go Again

[ Posted Thursday, July 7th, 2022 – 15:00 UTC ]

Hey, kiddies, it's time to play "shadow boxing with Joe Manchin" once again! Yes, his teasing game has begun anew, where Democrats get their hopes up that Senator Manchin will finally agree to pass something -- anything -- from President Joe Biden's agenda, in the hopes of counteracting the predicted coming "red wave" in November's midterm elections. Once again, Manchin is playing it coy, as he is "in negotiations" with Senate Majority Leader Chuck Schumer, but has not actually committed to much of anything. The deadline this time around is the end of July, right before all of Congress disappears into the summer breeze for an entire month. Of course, they're all still on their two-week July 4th vacation this week, so nothing will really happen until next week, which leaves a rather abbreviated window.

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Friday Talking Points -- Outrage Piled Upon Outrage

[ Posted Friday, July 1st, 2022 – 16:56 UTC ]

The two biggest political topics of the past week were the continuing outrages piling up from both the Supreme Court and the House Select Committee on January 6th.

On Tuesday, a young aide who worked for Trump's chief of staff, Mark Meadows, appeared in a surprise House committee hearing. The previous week, the committee had let it be known that there would be no hearings over the two-week Independence Day break. But a day beforehand, a new hearing was announced without fanfare and without any details.

The witness who appeared, Cassidy Hutchinson, had apparently been getting threatening messages from those still surrounding Donald Trump. They read like mob bosses leaning on a witness who might spill the beans:

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