ChrisWeigant.com

Archive of Articles in the "Economics" Category

Sell It, Joe!

[ Posted Wednesday, November 10th, 2021 – 17:20 UTC ]

President Joe Biden is in the midst of a blitz of salesmanship. He's got every right to do so, after Congress finally moved the bipartisan infrastructure bill to his desk after months of delays. And Biden has long been aware that one of the biggest mistakes Barack Obama ever made as president was failing to properly whip up public support for the Patient Protection and Affordable Care Act, which would have been easy to do since Republicans were already (derisively) calling it "Obamacare." Biden saw the dynamics of this failure play out, as Obama's veep. So he has long said he's not going to repeat the same mistake during his presidency. Which is why seeing him out in the country selling the various parts of his infrastructure plan was entirely predictable.

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Biden's Mandate Messaging Failure

[ Posted Tuesday, November 9th, 2021 – 16:44 UTC ]

We are currently in the midst of yet another Democratic failure to properly frame a political issue. This time President Joe Biden and his administration are largely to blame, although other Democrats should really be pushing back on the media's lazy acceptance of a false Republican narrative as well. When the Biden administration announced a new OSHA rule for all private businesses with 100 or more employees, it should have -- from the very start -- pointedly called it a "testing mandate." Because that is what it is, plain and simple. It is a requirement that all employees get tested once a week for the COVID-19 virus. And that's all it is -- that is the only thing it actually mandates.

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The Current False Biden Narrative Making The Rounds

[ Posted Monday, November 8th, 2021 – 16:54 UTC ]

Republicans have never been particularly scrupulous about the fantastical political narratives they adapt in order to bamboozle the voters -- and that was even before the champion and master of lies came along and hijacked their party. Donald Trump may have driven the GOP to Crazytown, but it wasn't that far of a journey for them to take (to put this another way). Now conservatives in the media are attempting to do this again, and it really deserves some pushback.

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Friday Talking Points -- A Very Bad Week For Democrats

[ Posted Friday, November 5th, 2021 – 16:50 UTC ]

You'll have to excuse us, but even with all the other political shocks this week, the one that shocked us the most was reading that Congress is going to take the next week off. For Veterans' Day. No, seriously. It's not like they have any pressing business or anything, right? They probably need the whole week to lie back and relax and rest up -- so they'll be in real good shape for the extended Thanksgiving Day break, later this month.

Sorry, too snarky? You'll have to forgive us, but please everyone let's remember this moment when all the politicians whine on television, a few weeks hence: "But there's just no time to get everything done! We've got all these deadlines staring us in the face! Waaah! Poor us!" Please, let's all remember at that point that they all thought they deserved an entire week off at the beginning of November. For Veterans' Day -- a holiday that most workers don't even get a single day off for.

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James Carville Has A Point

[ Posted Thursday, November 4th, 2021 – 15:13 UTC ]

James Carville is getting a lot of online grief today because of an interview he did with the PBS NewsHour last night. He was one of three political experts who were asked by Judy Woodruff about what the off-off-year elections meant for politics moving forward. But while Carville was (as usual) rather blunt and insensitive in what he said, he does have a point worth defending.

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Takeaways From Last Night

[ Posted Wednesday, November 3rd, 2021 – 15:41 UTC ]

Obviously, Democrats need to do something different over the next year if they're going to have any chance at all in the midterm elections. That was the overwhelming message from last night's dismal election returns. Because what they just tried pretty obviously didn't work. At least, on a small scale. The off-off-year elections which always follow a presidential year only include two statewide races, in New Jersey and Virginia. That is a very small slice of America, but it's all the data we have to work with, so the natural inclination is to draw national political lessons from it all. Some will wind up being correct, some won't. After reading some other people's opinions about last night, here are the ones I'm inclined to believe right now:

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Not Bad For Half A Loaf

[ Posted Tuesday, November 2nd, 2021 – 15:44 UTC ]

I'm not usually that a big fan of (or any kind of rosy-tinted optimist about) legislative compromises. Or incrementalism, in general. But the deal Senate Majority Leader Chuck Schumer announced today on prescription drug relief doesn't actually sound all that bad. It certainly has its drawbacks -- parts of it are incredibly limited, for one -- but it also will fundamentally change things to the point where improving upon the basic idea will only require a little future number-tweaking. Which seems good enough, at this point (and with this Congress). So I have to say: this is not too bad for "half a loaf."

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The Dreaded Enthusiasm Gap

[ Posted Monday, November 1st, 2021 – 16:24 UTC ]

All eyes in the political world today are on Virginia. Whatever happens in tomorrow's gubernatorial election is going to, in large part, drive the entire political narrative for at least the next 3-to-6 months. If the Democrat wins, it will be seen as a sign that Republicans should worry that they may be permanently losing the suburban voters who defected from their party under Trump -- even without Trump on the ballot. If the Republican wins, it will be seen as a sign of a possible giant red wave in the midterm elections next year, and the triumph of Trumpism even when Trump isn't on the ballot. Neither of these storylines will be completely accurate -- voters' motivations are a lot more complicated than pundits like to imagine -- but these storylines will still dominate the political strategizing as we head into the midterm season. Which is why everyone is metaphorically holding their breath waiting to see the Virginia results.

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From The Archives -- A Scary Hallowe'en Story

[ Posted Thursday, October 28th, 2021 – 17:13 UTC ]

I boarded the train in one of those Eastern European capitals that make you feel like you've stepped back about a century in time. The train car itself did nothing to dispel this notion, as the windows looked like they had last been cleaned promptly after World War I... and forgotten ever since. The upholstery on the seats was worn and threadbare, but when I sat down in one, I found that at least they were well-padded and comfortable. I settled in and looked around at my fellow travelers.

There were a few groups of people strung out throughout the train car, who all ignored me completely. They looked like tired commuters on their way home, and this proved to be the case, as they all got off at the first dozen or so stops on the outskirts of the city. I thought I would be alone for the rest of the journey, but at the last suburban stop a very old woman got on and sat down across from me. She looked a little spooky, with an eyepatch over one eye, and a bandanna tied over her hair. A mystical perfume which hinted at far-off bazaars wafted its way over to me. Her wizened visage examined me critically, and I was surprised to see a small smirk develop on her face as she did so.

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Hang Tough, Bernie!

[ Posted Wednesday, October 27th, 2021 – 15:41 UTC ]

I don't know about any of the rest of you, but at this point I'm getting pretty sick and tired of reading the output of the rumor-mill each morning. Especially since most of the rumors seem to have come true, and each and every one of them involves yet another ambitious campaign promise made by Joe Biden which has now fallen by the wayside solely because Senators Kyrsten Sinema and Joe Manchin keep shifting their ideological demands about what agenda items are worthy for inclusion in what was supposed to be the flagship of Biden's entire domestic legacy. That flagship has shrunk from being a nuclear-powered aircraft carrier to now more resembling a medium-sized Coast Guard cutter. Don't get me wrong, a Coast Guard cutter is a fine ship and all, but it (obviously) can do far less than a flattop.

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