• 39 dems lose big time, then win

  • Nov 7 2021
  • Duración: 7 m
  • Podcast

39 dems lose big time, then win  Por  arte de portada

39 dems lose big time, then win

  • Resumen

  • okay, so we’re not going to lie - we’re not 100% sure this will land in your inbox at 7am instead of at 8am (or possibly 6am). we’ve been on this earth for more than 80 years (collectively, though we do write like a grumpy 80 year old man at times), and we still have no idea how daylight saving time works. so, we guess the point of this is to say: we hope you enjoy, regardless of what time it is or should be.

    big idea: dems bungle election day, but bring home infrastructure
    1. dems failed miserably in off-year elections tuesday, losing the virginia governor’s race, barely holding onto the new jersey governorship, and losing dozens of local races across solidly blue areas. let’s be clear - the dems running in these races were highly qualified, good candidates, and were often incumbents. voter turnout was also record-high in some places. yet, dems still lost across the board. progressives can’t even say that it’s all the moderates’ fault, as a socialist lost to a write-in candidate for mayor in buffalo. 
    2. what caused the losses? well, Joe’s approval ratings are in the dumps, dems have spent literally months arguing about an infrastructure bill and a climate policy bill, and the economy is good, but not great, with rising inflation. the pandemic stubbornly continues to impact people’s daily lives, which definitely hurts the democrat’s base enthusiasm. so, we guess people are just...tired and frustrated, and that translates electorally to voting out the ruling party. 
    3. the good news is that Joe seems to be paying attention, and pushed house progressives to pass the $1 trillion infrastructure bill which has been waiting for their approval for weeks now. Joe will make a big deal out of signing it, and that’ll buy some time for him to figure out how to pass the climate bill through the senate sometime soon. who knows, maybe america will remember why they elected a slightly-senile, aviator-wearing grandpa in time for midterms next year.

    this week’s image: volcanic eruptions
    • (The Atlantic) a home is covered in ash on the canary islands, where a volcano has been apparently erupting since september 

    this week’s number: 1.5 million additional retirees due to COVID
    1. an analysis by the Fed found that 1.5 million more americans retired than expected since the pandemic started last year. as we have previously talked about, this is contributing to a falling percentage of americans actually working and contributing value to the economy. the big question economists are asking is if these retirements are temporary - will older workers reenter the workforce to ease shortages when the pandemic flames out and working conditions improve? we guess we can do our part and stop making fun...
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