Tag Archives: economy
The Great Compression
The coming election is a tipping point for our democracy, and for our economy. Today, with help from historian Heather Cox Richardson, we focus on the economy. The election in 1932 of Franklin Delano Roosevelt ushered in an economic era that Cox calls “The Great Compression.” From 1933-1981, through the administrations of Republican as well […]
Continue readingBiden’s Achievements Approach FDR’s
The bill that passed the House yesterday and the Senate earlier in the week, and which President Biden will sign soon, is a very big deal. The “Inflation Reduction Act” is another triumph executed without any GOP support and a significant step forward in combatting climate change, providing more affordable healthcare, and making our tax […]
Continue readingJobs Report
Employers added 194,000 jobs last month. The unemployment rate fell to 4.8 percent, from 5.2 percent in August. It fell for good reasons, not bad — the number of people unemployed dropped by a whopping 710,000 while the number of people working rose by a robust 526,000. This represents a remarkably speedy recovery in the labor […]
Continue readingThe Pandemic Is The Economy Now
Getting in control of this virus is the first step to getting Arizona’s economy back on track. Until then, our families will continue to shoulder the burden of Donald Trump’s failures. For the last three years, it’s been one crisis after another—with the livelihoods and lives of our families always on the line. This chaotic […]
Continue readingIt’s the Economy – and Trump is stupid.
Trump’s shocking admission that he pushed to slow down coronavirus testing also highlights his fundamental misunderstanding of the economy. Trump is obsessed with the big numbers that give him simple ways of understanding if he’s winning or losing – like TV ratings, crowd sizes, testing numbers, and the stock market. That’s why his instinct is to […]
Continue readingFailure of Leadership
1. TRUMP IS IGNORING THE CORONAVIRUS CRISIS AS HIS ACTIONS THREATEN TO MAKE THE OUTBREAK WORSE. Americans isolated themselves for months to give Trump and his administration time to come up with a plan and prepare the country to defeat the pandemic, but Trump has failed to deliver and largely given up on fighting coronavirus. Yesterday […]
Continue readingIt’s the Economy, and Trump is failing
Disapproval of Trump’s handling of the economy is on the rise. A month ago, Trump’s net approval on the economy was +10 (53-43%); now, it’s even (48-48%). Approval among independents has also dropped 14 points in the same period. The economic crisis sparked by coronavirus is actually fueled by years of President Trump’s conservative economic […]
Continue readingAction Alert: Tell Ducey To Follow the Science
Yesterday, a small group of protesters circled the empty Arizona Capitol demanding that Governor Ducey lift his stay-at-home order. These small protests seem not to be spontaneous, grassroots movements but rather something egged-on by Trump re-election operatives, and, of course, by Trump’s own Tweets. Still, these are the Republican base and while Ducey is not […]
Continue readingPush Back! Messaging This Week.
Trump’s gaslighting is dangerous. We need to push back with timely messaging, so stay tuned to what fits with the news. Yet, remember, to paraphrase James Carville from the 1992 campaign, “It’s healthcare, stupid.” This year, healthcare may be tied closely to his original message, “It’s the economy, stupid.” Trump’s China rhetoric may be resonating […]
Continue readingTax Cut “Nothing Burger”
Steve Chapman, Chicago Tribune Decades from now, many Americans will have to consult history books to gain an appreciation of the lowest point of Donald Trump’s presidency: His impeachment. But they will be able to feel the effects of his highest point: the 2017 tax bill, which he signed into law two years ago Sunday. That’s because they […]
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