ChrisWeigant.com

Archive of Articles in the "Economics" Category

Republicans Want To Raise Taxes On Half Of America!

[ Posted Wednesday, February 23rd, 2022 – 16:44 UTC ]

This is going to be an article on political spin. I admit it, right up here at the start. But every once in a while, an opportunity arises for Democrats to do what Republicans always manage to do so effortlessly -- paint their entire opposition party as dangerously out of touch because of the extreme positions of a handful of them. Look how much mileage the GOP has gotten out of not only demonizing but also painting the entire Democratic Party with the broad brush of "Defund The Police," for instance. So when Democrats get a chance to return the favor, they really should leap at it.

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Friday Talking Points -- What Will Putin Do?

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

The world pauses and holds its collective breath as we all wonder the same thing: What is Vladimir Putin up to? Will he invade Ukraine? Is this all some sort of bluff or feint? Or is he deadly serious about reconstituting the Soviet Union's sphere of influence (of satellite states subservient to Moscow)? Is he just waiting for the Olympics to end as some sort of favor to China? Or will the troops eventually go home and the whole crisis blows over?

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Will A Trucker Protest Happen Here?

[ Posted Monday, February 14th, 2022 – 16:50 UTC ]

The Canadian trucker protest seems to be winding down, at least somewhat. The vital bridge between Detroit and Windsor has been cleared and reopened. Prime Minister Justin Trudeau has announced a national public emergency, which will allow him to clear the protests in Ottawa as well. But the big remaining question further south is whether American truckers will stage their own protest or not. The right-wing media echo chamber is rooting for such a protest to take place, but so far nothing tangible has emerged from the effort. Perhaps this is because there just isn't any great reason for them to protest here in the first place?

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Friday Talking Points -- Republicans In Disarray!

[ Posted Friday, February 11th, 2022 – 16:41 UTC ]

Did what happened at the United States Capitol on January 6th, 2021 constitute "legitimate political discourse" or not? That was the question that has divided the Republican Party all week, and may serve to be the one memorable phrase that sums up the difference between those in the GOP who have completely surrendered all their morals and thought processes and attachment to reality to Donald Trump -- and those who have not. Because that's what it all boils down to, really.

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Biden's Economic Achilles' Heel

[ Posted Thursday, February 10th, 2022 – 16:53 UTC ]

Inflation is rapidly turning into President Joe Biden's Achilles' heel. In the midst of an economy that is by every other measure booming, inflation remains the unsolved problem that affects all Americans at the grocery store, at the gas pump, and at the used car lot. Unlike more esoteric economic indicators, people see inflation's effects very directly, as they pay more for basic supplies every week. This represents an enormous political problem not just for Democrats but for Joe Biden personally.

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Are Democrats' Midterm Chances Improving?

[ Posted Monday, February 7th, 2022 – 16:38 UTC ]

Today Politico caused somewhat of a stir, by publishing an article that examined the question of the chances Democrats will have to avoid getting wiped out in the midterm elections this November. Up until now, the conventional inside-the-Beltway cocktail-party-chattering-class wisdom was that Democrats were toast and might as well not even bother running much of a campaign at all. Historical trends were against them, gerrymandering was going to take the House of Representatives away from them, and Republicans were going to emerge with new congressional majorities pretty much no matter what Democrats did or said in the meantime.

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Friday Talking Points -- Legitimate Political Discourse?

[ Posted Friday, February 4th, 2022 – 17:38 UTC ]

President Joe Biden had a pretty good week, as political weeks go in Washington. First and foremost, the Omicron variant of the COVID-19 pandemic is fading fast -- the numbers are now down below half of the peak they hit roughly two weeks ago. That's good news for everybody, not just President Biden.

Then it was announced that the United States military had taken out the leader of the Islamic State, Abu Ibrahim al-Hashimi al-Qurayshi. Questions still remain about the mechanics of this daring raid in Syria, but nobody is questioning the fact that the targeted terrorist leader is now dead.

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Use Reconciliation To Lower Prescription Drug Prices

[ Posted Thursday, February 3rd, 2022 – 16:52 UTC ]

At this juncture in time, what was once seen as a radical suggestion seems more and more to now be a very smart course of action. This is far from ideal, since the original plans would have been far, far better... but we are where we are. So perhaps it is time for Democrats in Congress to consider using the budget reconciliation rules in the Senate to achieve only one of their stated objectives. And there is no more pressing concern for the voters than limiting pharmaceutical companies from their continual greed when it comes to setting the price of their wares for the American public. Lowering prescription drug prices via reconciliation would chalk up an enormous political win for Democrats, heading into the midterm campaign season.

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Let's Hope Supply-Chain Issues Don't Become A National Security Problem

[ Posted Tuesday, February 1st, 2022 – 16:29 UTC ]

Today I am revisiting a nightmare. Perhaps it is the situation in Ukraine and Taiwan which caused me to think about this again, or perhaps it was reading an article entitled: "A Normal Supply Chain? It's 'Unlikely' In 2022." The article takes a big-picture look at the issue from all sorts of angles, but ends rather inconclusively. The COVID-19 pandemic changed a whole lot of consumer behavior, businesses made the wrong assumptions at the start of the pandemic, but we may never go back to the "old normal" again since some of these changes may become permanent.

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Friday Talking Points -- Welcome, FCOTUS Willow Biden!

[ Posted Friday, January 28th, 2022 – 17:33 UTC ]

We have always been a total sucker for "First Pets," we fully admit. Especially First Cats. So we simply must begin this weekly roundup by extending our warmest welcome to newly-announced First Cat Willow Biden. From the New York Times announcement:

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