ChrisWeigant.com

Archive of Articles in the "Economics" Category

One Month To Go

[ Posted Monday, October 8th, 2018 – 17:05 UTC ]

Four weeks from tomorrow, America will vote in the 2018 midterm congressional elections. We're officially in the homestretch now, in other words. And even with all the recent political events, things stand pretty much how they have all year -- Democrats are still favored to take control of the House of Representatives, but Republicans are still favored to retain control of the Senate. The political pundits right now are focusing too tightly on possible effects of the Brett Kavanaugh Supreme Court fight, but the bigger picture hasn't really shifted all that much.

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Friday Talking Points -- Kavanaugh Fight Finally Ends

[ Posted Friday, October 5th, 2018 – 16:46 UTC ]

Brett Kavanaugh is going to be confirmed to the Supreme Court tomorrow. That was the breaking news this afternoon, as Senators Jeff Flake, Susan Collins, and Democrat Joe Manchin all indicated that they're going to vote in favor of Kavanaugh's confirmation. Republican Lisa Murkowski had briefly given rise to hope on the Democratic side when she announced she'll be voting against confirmation, but as things stand now Vice President Mike Pence won't even be required to break a tie, because tomorrow (if every senator votes how they now say they will) the total will be 51 votes for confirmation to 49 against.

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Jeff Bezos Does The Right Thing

[ Posted Wednesday, October 3rd, 2018 – 16:34 UTC ]

We could all use a dose of good news right about now, which is why it was heartening to hear that the leader of Amazon just announced he would be raising his employees' pay so that nobody working for his company will make less than $15 an hour. That's good news for hundreds of thousands of American families, and it deserves to be praised and celebrated. But the lion's share of the thanks really should go to a politician, because if Senator Bernie Sanders hadn't publicly shamed Amazon's Jeff Bezos, this probably never would have happened.

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Changing Dynamics For The Midterm Races

[ Posted Monday, October 1st, 2018 – 17:08 UTC ]

Five weeks from tomorrow, the 2018 midterm elections will happen. But, as we all know, a lot can happen in five weeks (especially these days). Up until about two weeks ago, the conventional wisdom had coalesced into a belief that the Democrats were more likely than not to take control of the House of Representatives, but also that they'd probably fall short in the Senate. However, within those two weeks, the Brett Kavanaugh confirmation fight has taken an unexpected turn. And today, perhaps as a very early "October surprise," President Trump announced a new trade deal with both Mexico and Canada. So it's time to consider what impact these two events might have on the midterms, if any.

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Friday Talking Points -- This Is Why Women Don't Report Sexual Assaults

[ Posted Friday, September 21st, 2018 – 18:35 UTC ]

Brett Kavanaugh was supposed to have been confirmed by the Senate to a seat on the Supreme Court by now. That was the original plan, at any rate. But this plan was blown out of the water last Friday when Christine Blasey Ford came forward and publicly accused him of attempting to rape her when the two were in high school. The fallout still continues, and will continue to do so for some time to come.

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Friday Talking Points [500] -- Manafort Flips!

[ Posted Friday, September 14th, 2018 – 17:50 UTC ]

Convicted felon Paul Manafort pleaded guilty today to two additional serious federal felonies, one of which was conspiracy to defraud the United States government. He also had to pony up tens of millions of dollars' worth of real estate, because one of the frauds he perpetrated was avoiding paying $15 million in federal taxes by money laundering. The biggest news, however, wasn't Manafort pleading guilty to his ninth and tenth felonies, but the fact that to get a plea deal he had to agree to cooperate with Bob Mueller's investigation. This is what he's been fighting against doing all along, so it is big news.

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The Punditocracy Is Missing Democrats' Real Campaign Focus

[ Posted Thursday, September 13th, 2018 – 16:46 UTC ]

Pretty much all year long, there has been a popular parlor game played on the cocktail-party circuit inside the Beltway. It might be called: "Democrats Should Run On Bashing Trump And Impeachment." Both subjects were endlessly debated, and a consensus opinion emerged that this was obviously the best way for Democrats to campaign. Bashing Trump at every turn and using "the I-word" as often as possible would surely be the Democrats' best chance of success in the midterms. It became accepted as conventional inside-the-Beltway wisdom, meaning the punditocracy would ask actual Democrats about the subject whenever they got a chance. The fact that the answers didn't match with the perceived reality was barely even noted. Now, finally, some of them are beginning to take note that Democrats are actually running a very different campaign, out there beyond the Beltway.

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Could Trump And Pelosi Actually Get Some Things Done?

[ Posted Monday, September 10th, 2018 – 16:37 UTC ]

So, assuming for the sake of argument that Nancy Pelosi does become speaker again and that Donald Trump is still president (there's another rather large assumption), the question that occurred to me was whether the two of them could actually work together to pass some decent new laws. Because that's not as unbelievable (or, if you will, downright laughable) a proposal as it might first sound.

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From The Archives -- Labor's Agenda Should Become Democrats' Top Priorities

[ Posted Monday, September 3rd, 2018 – 16:39 UTC ]

I wrote the following column last year, and sadly it still mostly applies. The Democratic Party has made some progress on the following issues, but by and large it has been individual Democratic candidates who have been left to carry this banner forward -- some of whom have done so in remarkable ways. Many pro-Labor and Progressive candidates have now advanced to the general election as Democratic nominees, which is good news. And, it must be said, when you discount all the hand-wringing happening inside the Beltway over what Democrats should be campaigning on, out in the rest of the country, Democrats have been running pretty solid campaigns on precisely the issues voters want addressed in a positive manner: healthcare, education, and lots of pro-Labor pocketbook issues.

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Friday Talking Points [498] -- Remembering John McCain, Good And Bad

[ Posted Friday, August 31st, 2018 – 17:19 UTC ]

We have to begin today, sadly, by speaking ill of the dead. However, we do so respectfully (unlike some other folks have done this week). We fully realize it is a serious breach of etiquette, but in all the laudatory remarks given this week about the late Senator John McCain, there has been one glaring omission. Because, more than anyone else, John McCain is responsible for regularizing the concept that a know-nothing could be considered presidential. Some might push the blame back further, to George H. W. Bush, who selected Dan Quayle as his vice president, but McCain certainly shoulders the lion's share of this blame for deciding that Sarah Palin was qualified to be president. Anyone listening to her speak for more than two minutes could easily tell how misguided the idea of her running the country truly was, after all. And yet McCain went ahead and selected her anyway.

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