ChrisWeigant.com

Archive of Articles in the "Economics" Category

Friday Talking Points -- Crossing The Jordan

[ Posted Friday, October 20th, 2023 – 17:13 UTC ]

Today, Republicans crossed the Jordan. That would be Jim Jordan, and enough of them crossed him in a third House speaker vote that the party as a whole has now completely crossed him off the list. Jordan is no longer the Republican "speaker-designee," instead he's just "Representative Jordan" again. And yet the Republicans are still nowhere near their Promised Land (to complete that metaphor) -- they're still out there somewhere, wandering in the wilderness.

Where do House Republicans go next? They don't have a clue. They'll think about it over the weekend and then get back together Monday night to hold another closed-door meeting to nominate another poor sap to try to become speaker. Maybe it'll be one of the previous selections? Kevin McCarthy or Steve Scalise certainly don't seem far-fetched, at least at this point. But it could be someone new as well. Lots of people could run, who knows?

Read Complete Article »

Republicans Completely Incapable Of Governing

[ Posted Thursday, October 19th, 2023 – 14:37 UTC ]

We're all currently experiencing the punchline of an old political joke -- the one that says Republicans really should be honest in their campaign slogans, by running on: "Government doesn't work -- elect us and we'll prove it!" Here we are, living that proof.

The House of Representatives does not have an elected Republican leader. Republicans control a majority of the seats, but it is such a slim majority that any five of them deciding to throw a monkey wrench into the works paralyzes the entire party. At the beginning of this month, a giant monkey wrench was indeed thrown, as eight Republicans managed to dethrone their own speaker. Since that point, chaos has reigned in the House, and it doesn't seem like sanity is going to prevail any time soon.

Read Complete Article »

Jordan Falls Short

[ Posted Tuesday, October 17th, 2023 – 15:51 UTC ]

Today marked the start of the third straight week without a speaker of the House of Representatives. Republicans are still bitterly divided, with no end in sight to the standoff. The full House met today for the first time since Kevin McCarthy was deposed, in order to hold a vote on whether Jim Jordan would become the next speaker or not. Jordan failed in this effort, as 20 of his fellow Republicans voted for someone else. And the word now is that they won't be meeting for another vote until tomorrow morning, which means that Jordan has been unsuccessful in convincing the holdouts, at least for now.

Read Complete Article »

Friday Talking Points -- Last Clown Standing

[ Posted Friday, October 13th, 2023 – 16:20 UTC ]

Personally, we could not think of a better day to elect the next speaker of the House, it being Friday the 13th and all. But the way things are going, that doesn't exactly seem like it's going to happen. As we all sit and watch the center ring of the Republican circus, just when you thought that tiny little clown car couldn't possibly have any more clowns in it... another one emerges!

Read Complete Article »

Friday Talking Points -- Republican Civil War Rages

[ Posted Friday, October 6th, 2023 – 18:07 UTC ]

We've finally gotten to the point where even the headline-writers in the mainstream media had to admit the reality -- which runs 180 degrees counter to their propensity to magnify every little squabble among Democrats -- and finally write a few: "Republicans In Disarray" headlines. Because this was the week it became unavoidable. The Republican civil war broke out into the open in a big way, as they made history by deposing a speaker of the House of Representatives for the first time ever. From this point forward, we will be referring to just Representative Kevin McCarthy, since that's all he now is. And maybe not even that, if the rumors he's thinking about stepping down entirely turn out to be true.

Read Complete Article »

Nihilists Gotta Nihil

[ Posted Wednesday, October 4th, 2023 – 15:27 UTC ]

Chaos still reigns in the House of Representatives, and will continue to do so for at least another week. After deposing their own speaker -- for the first time in American history -- the Republicans decided to celebrate by doing what they do best: go on vacation for a week. You couldn't make this stuff up if you tried, folks.

The speaker pro tempore (Latin for: "for the time being") who is attempting to lead the Republican Party through the chaos announced this, even though the clock is now ticking on the next impending government shutdown. But Republicans have never cared as much about actual governance as they do about whatever their next circus act is going to be.

Read Complete Article »

Friday Talking Points -- Shutdown Follies

[ Posted Friday, September 29th, 2023 – 17:08 UTC ]

Welcome back once again to the Shutdown Follies! Today's entertainment will be provided by the House Republicans, who will all be driving clown cars in a demolition derby, for your enjoyment.

That's what it feels like, at any rate. Speaker Kevin McCarthy (R-Jellyfish) is caught in a vortex of political posturing, from which there is no apparent escape. No escape for the country, as we all get sucked into a completely pointless government shutdown in its wake, and no escape for Kevin McCarthy, whose only way out is to commit political hara-kiri (or, if you prefer, seppuku). The "Chaos Caucus" of MAGA lunatics is in full control of the House now, and they are content to head the ship of state at full speed directly into a gigantic (and eminently avoidable) iceberg. And there's nothing anyone can do but sit back and watch the disaster unfold, it seems.

Read Complete Article »

The Second Republican Presidential Debate

[ Posted Thursday, September 28th, 2023 – 16:36 UTC ]

Last night, at the Republican shrine of Saint Ronald of Reagan, seven Republican presidential candidates appeared on the same stage to debate each other. Of course, the real winner of the debate was the candidate who didn't show up: Donald Trump. Even the moderator, at the very start, had to get a little snarky about this, beginning with: "Let's meet the candidates who have qualified -- and chosen -- to be on the stage tonight...."

Not too surprisingly, the second debate shared one glaring similarity with the first: utter chaos. The networks hosting these debates have a hard choice to make -- they can either cut off (or heavily dial the volume down) the microphones of all the candidates who did not just get asked a question, or they can just succumb to the fact that Donald Trump has changed debate rules forever (by not having a shred of decorum or respect for the rules). This was made obvious once again, last night.

Read Complete Article »

The 2024 General Election Campaign Begins

[ Posted Wednesday, September 27th, 2023 – 15:55 UTC ]

I realize it is incredibly early to make such a statement, but it truly seems like the 2024 general election campaign for president is kicking off this week. Sure, we're still something like 100 days away from even the first of the primaries, but at this point -- barring any political earthquake -- both parties seem to have all but settled on their nominees. This isn't too unusual for the Democrats, since they've got a sitting incumbent president in the White House, but it is extremely unusual for the Republicans. However, Donald Trump's continued strength in the polls means the chances are far more likely than not that America will see a rematch of the 2020 contest between Trump and President Joe Biden.

Read Complete Article »

[From The Archives:] Friday Talking Points [363] -- New Job Vacancy: Chief GOP Cat-Herder

[ Posted Friday, September 22nd, 2023 – 14:47 UTC ]

Program Note: As I mentioned last week, I am playing hooky today. So I went looking for a column to re-run and came across this one, from almost exactly eight years ago. It's stunning in the sense of plus ça change, plus c'est la même chose, since it wouldn't take much more than changing a few names to be almost perfectly relevant today. It was written the week that John Boehner announced he was stepping down from being speaker and retiring from politics. At the time (as you'll see), Kevin McCarthy's name was being bandied about as a replacement, but ultimately Paul Ryan was chosen as a sort of sacrificial lamb instead.

Read Complete Article »