We shouldn’t expect the numbers to mirror each other perfectly. Growth can be strong while the unemployment rate goes up. For example, some workers might be too discouraged during a recession to apply for a job–and if they’re not looking for work, they don’t count in the unemployment rate. The beginning of a recovery might cause them to look for work and thus enter the rate calculation. Or, at the end of a boom, employers might keep hiring because they haven’t realized that consumer spending is starting to go down. There are all sorts of reasons that unemployment and growth numbers might seem discordant without there being anything especially wrong with the economy.
What has transformed the Democratic party into an anguished progressive movement that incorporates the tactics of the street, embraces maenadism, reverts to Sixties carnival barking, and is radicalized by a new young socialist movement? Even party chairman Tom Perez concedes that there are “no moderate ... Read More
How will the Senate races break? We have less public polling to go on than in recent years, so answering that question is harder than ever. But the news is more optimistic for Republicans than it was a month ago. Waves and Breakers Four years ago, I projected in mid September that if “historical ... Read More
Do you want to know what media bias looks like? Earlier today, Massachusetts senator Elizabeth Warren released DNA test results that confirmed that she misled employers, students, and the public about her Native American heritage for years. Bizarrely, all too many members of the media treated the results as ... Read More
Democratic senator Kamala Harris joked about killing President Trump and members of his administration in a Thursday appearance on The Ellen Degeneres Show. “If you had to be stuck in an elevator with either President Trump, Mike Pence, or Jeff Sessions, who would it be?” DeGeneres asked Harris during a ... Read More
The last thing Democrats wanted to do in October 2018 was talk about the Clintons. Bill and Hillary Clinton aren’t just the past of the Democratic Party. The once-enormously-popular two-term president and the party’s 2016 standard-bearer are the living embodiments of two of the Democrats’ biggest ... Read More
The Boston Globe mistakenly overstated Senator Elizabeth Warren's Native American ancestry in a Monday report detailing a gene test the Massachusetts lawmaker underwent to substantiate her previous claims to Native American heritage. The ancestry report indicates that Warren is anywhere between six and ten ... Read More