ChrisWeigant.com

Archive of Articles in the "Economics" Category

Republicans Fail To Make Major Gains In The House

[ Posted Tuesday, November 19th, 2024 – 16:17 UTC ]

The 2024 election is not yet over. Well, the ballots have all been cast -- the act of voting in the election is over -- but we're still waiting for the final results in a handful of districts in the House of Representatives. And right now, it is looking like the election didn't change the makeup of the House one bit. This could slightly change, but only by a small number. That's fairly remarkable in an election where the Republicans gained seats in the Senate and took back the White House.

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Is Elon Wearing Out His Welcome?

[ Posted Monday, November 18th, 2024 – 17:23 UTC ]

Although Donald Trump is known for tossing aside any political conventions or traditions he doesn't like, there's one aspect of his transition that seems rather jaw-dropping, although few have commented on it (other than by making jokes). Ultra-cynical observers of American politics have long denounced the wealthy (not to mention corporations) for "buying" politicians. If you've got enough money, then you can easily fund a re-election campaign... or fund a primary challenge if this carrot doesn't work as intended. From that point on, they have certain politicians "in their pocket," and can count on them to vote to support their interests.

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Friday Talking Points -- The Clown Parade Continues

[ Posted Friday, November 15th, 2024 – 17:58 UTC ]

The circus has come to town, and performing in the center ring this week was the teeny-tiny clown car which disgorged a continuing parade of clowns, each more outlandish than the last.

Or, to put things another way: get ready for lots more circus/clown metaphors in the very near future. It's really the only possible way to describe Donald Trump selecting his cabinet. But we'll get to the individual clowns in a moment, because first we've got to take a broader view of what Trump's up to here.

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Democrats Already Have A Good Economic Populist Agenda

[ Posted Thursday, November 14th, 2024 – 17:07 UTC ]

I have to say, the temptation to join the chorus of both laughter and horror over Donald Trump's cabinet picks is pretty tempting today, but I think I'll save my comments on that clown parade for tomorrow. Instead, I'm going to continue looking forward today, to extend my thoughts on the Democratic Party and what it should do moving forward. The last two days I devoted to possible presidential candidates in 2028, but today I'm going to concentrate on what Democrats should be emphasizing during both the 2026 (midterm) and 2028 campaigns.

Looking that far into the future in politics is impossible, I do realize that. A lot of any Democratic campaign is going to be commentary on what Trump has done as president, that much seems pretty certain. What I'm going to lay out is a very pro-family economic platform for Democrats to embrace next time around, which would compliment whatever Democrats are saying about Trump and the Republicans running Washington.

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Democrats Looking Forward To 2028 (Part 2)

[ Posted Wednesday, November 13th, 2024 – 17:15 UTC ]

Senators

I will begin by saying that this section is probably going to be somewhat incomplete. Almost all senators entertain thoughts of becoming president at one point or another, so I'm sure there will be some surprises when 2028 rolls around. Most of these, however, fail to gain much traction on a national stage and wind up pulling out of the race pretty early, though. To give but one example, does anyone today remember Michael Bennet's 2020 presidential campaign? I certainly hadn't, and I follow politics pretty closely. So there will likely be at least a couple Democratic candidates next time around that few outside of their home state even recognize.

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Democrats Looking Forward To 2028 (Part 1)

[ Posted Tuesday, November 12th, 2024 – 16:26 UTC ]

Yes, this is way too early. Insanely early. I get that.

But looking into the future with hope is what Democrats are going to have to start doing at some point, and I figured now -- while Democrats are in some pretty deep despair -- is a pretty good time to start doing it. So today let's think about the 2028 Democratic primary season, and run down the list of possible Democratic candidates. Hey, it's better than watching Donald Trump make cabinet picks, right?

In 2028 we will have a rare election, because both political parties will have open races. Trump is term-limited out of office (assuming the Constitution is still relatively intact, of course), and there will be no heir apparent on the Democratic side.

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Friday Talking Points -- No Guardrails

[ Posted Friday, November 8th, 2024 – 17:07 UTC ]

We've all already seen this movie once, so we should kind of know what to expect. And sequels are usually much worse than the original.

Which is why today we're going to devote this column to pondering how bad things could really get in Donald Trump's second term in office (rather than sticking to our normal Friday format). Some things will probably not be as horrifically bad as Democrats now think, some things will indeed be precisely that bad, and some things will be even more horrific than anyone's imagining right now. And my apologies, because this is not an attempt at making a comprehensive list of predictions but rather just free association, what might be called initial thoughts.

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Things For Democrats To Consider

[ Posted Thursday, November 7th, 2024 – 16:16 UTC ]

As the Democratic Party surveys the smoking wreckage of their electoral hopes and dreams, there will no doubt be a movement to figure it all out and try to fix whatever's wrong, in preparation for next time. The pundits are already busy tossing ideas out, and the party bigwigs will probably make some sort of official effort to understand it all at some point.

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Afterthoughts

[ Posted Wednesday, November 6th, 2024 – 16:41 UTC ]

As we all contemplate another four years of Donald Trump, the second-guessing and finger-pointing has already begun. Maybe things would have been different if Joe Biden had decided, on his own, to live up to his pledge of being a transitional president by announcing he would not run for a second term. Maybe things would have been different if he had finished his campaign -- he beat Trump once, right? Maybe there should have been a real contest to see which Democrat should run instead of Biden. Maybe Kamala Harris wasn't the best candidate. Maybe Democrats should have gone with a more traditional (White male, in other words) candidate. Maybe she should have picked someone else to be on the ticket with her. There will be plenty of time to anguish over all of these and more (anguish is what Democrats do best, after all).

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Friday Talking Points -- Harris Makes Her Closing Argument

[ Posted Friday, November 1st, 2024 – 15:34 UTC ]

The final week of the 2024 presidential campaign was reduced -- quite literally -- to "trash talk." This is perhaps a fitting end for this contest, one might think.

But among all the frenzy surrounding who called whom "garbage" this week, Vice President Kamala Harris delivered her closing pitch to voters from the same spot Donald Trump incited a mob to go attack the United States Capitol four years ago. From the Ellipse, with the White House in the background, Harris spoke of the differences between her and Trump, and made her closing argument for why Americans should vote for her rather than him.

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