President Joe Biden got some good economic news this week, as the official inflation rate fell to only 4.0 percent. This is down from last year's high of 9.1 percent, and is a significant achievement. Most economists will tell you that's still a bit too high and that 2.0 percent is the goal they're shooting for, but 4.0 percent is getting pretty close to that goal, you have to admit.

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The flag is back in the news, also in a fairly minor way. The conservative fake-rage machine cranked up into high dudgeon mode this week over a celebration of Pride Month at the White House, which included a display of the current iteration of the "rainbow flag" that has long been a symbol of the struggle for L.G.B.T.Q. rights. They complained about the pride flag being displayed at all, and a subset of them got fake-irate over a "violation of the U.S. Flag Code" (which it actually wasn't, as there was another U.S. flag being flown above, on the roof of the White House).

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Scene Two of the "Donald Trump Indictment Circus" happened today, and things just keep getting more and more surreal. For instance, on the way from the courthouse to the airport, Trump made a quick campaign stop. You just can't make this stuff up, folks.

I must confess that I'm somewhat at a loss for words today, as I sit waiting to see whether the networks will cover Trump's "indictment party" speech live, when he gets back to his New Jersey golf club. He's not just going to give what he will see as a triumphant speech, he's also holding a fundraiser. Because Trump never misses a chance at grifting his rubes one more time.

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Donald Trump will be tried in two places. I am not speaking of the fact that he's now been indicted on two sets of felony criminal charges, one in New York and one in a federal court down in Florida, but rather of the two arenas where he will be making his own case: in a court of law and in the court of public opinion.

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There were two notable deaths in the world of politics today, both of which inspire such strong negative feelings within me that I have to step outside the norm of: "De mortuis nihil nisi bonum." Both of these men were odious creatures in their own right, with one of them far more odious than the other. But the more odious one -- Pat Robertson -- is being adequately vilified elsewhere today, and I had a column all ready to go for the other one anyway, so this (repeat) column is dedicated to the memory of President Ronald Reagan's secretary of the Interior, James Watt. This column was published eight years ago, and thankfully the nation has made great progress since then. It was written to celebrate only the third state (Alaska, after Colorado and Washington) and Washington D.C. legalizing the recreational usage of marijuana. Today, that tally stands at 23 states plus D.C.

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We began the week waiting, and we are ending the week waiting. All week long, rumors have leaked out about the status of the budget negotiations between House Speaker Kevin McCarthy and President Joe Biden, with both sides spinning madly to impress their bases, but we end the week with no deal actually inked.

However, we may be close. At least, that's today's big leak. It seems like both sides have agreed to some topline numbers with various face-saving things thrown in so they can both claim at least a certain degree of victory. Whether this actually works or not is still an open question.

Members of both parties are doubtlessly going to howl when the details are publicly released, and then they'll accuse their own negotiators of "giving away the store." But others will accept the face-saving spin and push forward, most likely. That's usually the endgame for such sticky negotiations, at any rate.

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President Joe Biden could have avoided the political nightmare he is now caught in the middle of, if he had earlier worked with those in Congress who attempted to deal with the situation before it ever got to this point. But Biden, for some inexplicable reason, decided not to defuse the ticking time bomb and instead he counted on it not blowing up in his face. Assuming for the moment that somehow we'll all manage to safely get out of this situation in the next few weeks (which is still a rather large assumption, at this point), Biden should at least learn the lesson of his own inaction. When the dust settles on the current debt ceiling crisis (no matter how it works out), Biden should immediately move to avoid it ever happening again. Right after whatever deal is struck and passed through Congress, Biden should announce to the country that he has now determined that the debt ceiling itself is incompatible with the 14th Amendment and therefore unconstitutional and null and void. Doing so after the current crisis has been resolved would allow the issue to be litigated while there is no looming threat of default. The case could work its way through the courts all the way up to the Supreme Court with plenty of time to spare, and whichever way the courts ultimately ruled, it wouldn't cause a worldwide economic panic.

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With twelve more days left in the month of May, the debt ceiling follies continue unabated. Speaker of the House Kevin McCarthy just "paused" the negotiations with President Joe Biden, which was a rather pessimistic note to close out what had otherwise been a rather optimistic week. There is speculation that both sides are using this "pause" merely as a political signal to their respective bases -- to show that they are negotiating hard and not giving away the store. If this is true, negotiations will likely resume at some point this weekend. But it's anyone's guess whether they'll agree even on a framework (much less actual legislative text) any time soon.

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A small wave of primary and special elections happened yesterday, and the results were summed up in a Washington Post headline today: "Republicans Keep Having Bad Elections." This continues an 11-month streak of good showings at the ballot box for Democrats, which began immediately after the Supreme Court's Dobbs decision threw out Roe v. Wade. And while off-year primary elections and midterms aren't always a good predictor of what will happen in the next presidential race, the trendlines certainly do seem to be favoring Democrats.

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Let's make sure we all get this correct. Donald Trump is now technically not a "convicted rapist." He's not a convicted anything, because the verdict handed down against him this week was in civil (not criminal) court. And the jury balked at declaring that Trump had raped E. Jean Carroll, but they did find Trump liable for sexually attacking her and defaming her publicly. To the tune of $5 million. It only took them about three hours to do so, meaning the case was pretty iron-clad to begin with. So Donald Trump is merely the first ex-president to be found liable of being a sexual predator rather than being an actual convicted rapist.

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