The Biden Paradox

The Biden paradox has led to a cottage industry of pundit commentary (mis)diagnosing what went wrong and offering advice on what Democrats should do now. An emblematic article, by New York magazine’s Jon Chait, a Prospect alum (where did we go wrong?) gets the story about half-right. The whole piece is worth reading for both its insights and its errors, and because it conveniently channels the conventional wisdom. 
Chait’s basic argument is that the Democrats’ cultural radicalism on issues of race, identity, immigration, woke language, etc.

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Democrats need to admit that inflation is real – or voters will turn on them | Andrew Gawthorpe

Democrats need to admit that inflation is real – or voters will turn on them

Andrew Gawthorpe

Inflation is an issue of real concern to many Americans. It’s also a chance for Democrats to name and shame price-gougers

‘This week Biden announced the release of 50m barrels of oil from the US strategic petroleum reserve, an attempt to bring down gas prices at the pump.’ Photograph: Joe Raedle/Getty Images

‘This week Biden announced the release of 50m barrels of oil from the US strategic petroleum reserve, an attempt to bring down gas prices at the pump.

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Counting our blessings in Biden’s broken supply chain presidency

OPINION:
TIGHTSQUEEZE, Virginia — As the great philosopher-poet Bret Michaels taught us, every rose has its thorn.
Every night has its dawn.
Every Cowboy sings his sad, sad song.
The highs in life are not possible without the lows. Love is not possible without the sting of pain. And joy is impossible without hardship.
So, this year, let’s all give thanks for the presidency of Joe Biden.
It has been nearly a half-century since we last saw gas lines and families worried over whether they could afford to heat their homes or put food on the table for Thanksgiving.

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Inflation Is at a 30-Year High. Biden’s Big Economy Speech Barely Mentioned It.

President Joe Biden gave a speech this afternoon on the state of the economy. According to its billing, it would address “lowering prices for the American people.” Yet Biden seemingly wants us all to forget about price inflation as an economic issue.
In his half-hour or so of jawboning, Biden mostly crowed about his alleged achievements and almost entirely avoided the topic of large-scale price inflation.

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Inflation Is at a 30-Year High. Biden’s Big Economy Speech Barely Mentioned It.

President Joe Biden gave a speech this afternoon on the state of the economy. According to its billing, it would address “lowering prices for the American people.” Yet Biden seemingly wants us all to forget about price inflation as an economic issue.
In his half-hour or so of jawboning, Biden mostly crowed about his alleged achievements and almost entirely avoided the topic of large-scale price inflation.

Read original

Inflation Is at a 30-Year High. Biden’s Big Economy Speech Barely Mentioned It.

President Joe Biden gave a speech this afternoon on the state of the economy. According to its billing, it would address “lowering prices for the American people.” Yet Biden seemingly wants us all to forget about price inflation as an economic issue.
In his half-hour or so of jawboning, Biden mostly crowed about his alleged achievements and almost entirely avoided the topic of large-scale price inflation.

Read original

Inflation Is at a 30-Year High. Biden’s Big Economy Speech Barely Mentioned It.

President Joe Biden gave a speech this afternoon on the state of the economy. According to its billing, it would address “lowering prices for the American people.” Yet Biden seemingly wants us all to forget about price inflation as an economic issue.
In his half-hour or so of jawboning, Biden mostly crowed about his alleged achievements and almost entirely avoided the topic of large-scale price inflation.

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Biden: Don’t Repeat Jimmy Carter’s Catastrophic Mistake on Inflation

Democrats are right to worry about inflation’s threat to Joe Biden’s presidency. But they need to learn the right lesson from our history: Overreaction can be fatal.
The last time inflation had a significant impact on U.S. politics was in 1979–1980, when Jimmy Carter’s mishandling of rising consumer prices elected Ronald Reagan president and ushered in 40 years of conservative dominance of American political life.
Prices were accelerating then because of supply constraints in specific markets. Gasoline rose in response to turmoil in the Middle East, including revolution in Iran.

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From Bush to Obama, and Trump to Biden, U.S. Militarism Is the Great Unifier

Many Democrats, liberals, traditional conservatives, and even some leftists continue to tell themselves that the election of Joe Biden was the first step toward restoring U.S. standing in the world after the damage caused by Donald Trump. And in a variety of ways — many stylistic and some substantive — that perspective has merit. But when it comes to national security policy, the U.S. has been on a steady, hypermilitarized arc for decades. Taken broadly, U.S. policy has been largely consistent on “national security” and “counterterrorism” matters from 9/11 to the present.

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