The fact that people are so mad at the economy even as wages and savings account balances are rising and unemployment is falling shows that when people think “economy” they think of the way it’s supposed to serve them as consumers interc.pt/3Exzg1M
Relatedly, when non-union workers get a raise they don’t credit politicians or the Fed for that raise. That should be obvious but it isn’t. When people see higher gas prices, of course, they blame whoever’s in power.
If you prefer to be talked at rather than read here’s the Rising version
Not scientific but these are presumably mostly right wing folks answering with no incentive to puff up the economy and still a plurality say they got a raise
The previous backlash against high prices helped usher in 40 years of flat wages and assaults on workers. Stopping that from happening again is what this is about.
This is a key issue and I would not lump this in as a “consumer” oriented problem. If the media is going to focus on costs of living this should be it
Folks making the argument that people are sour on the economy bc it is structurally awful have to explain why people felt better about it a year or two ago, when the same structural problems existed. The goal here is to explain what's driving the *change*.

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More from @ryangrim

6 Nov
> @PramilaJayapal is putting her credibility on the line, trusting these five holdouts to stick to their word, and trusting Biden to get it done. If they break their word, it's devastating for Jayapal and could split the House Dem caucus in two. We should know within two weeks.
Whenever I explain why I believe somebody did something, whether based on reporting or analysis, half my feed gets filled with people thinking I'm therefore defending what the person did. I'm not. With that caveat, which will promptly be ignored, here's my take on the thinking:
Several of the five holdouts would be happy to kill the BBB, but want to do it quietly rather than vote it down on the floor. So the goal then is to make them commit, get them on record. If you vote down the BIF, you give them a chance to do what they want, which is walk away...
Read 5 tweets
1 Nov
The CPC changing course, and now pushing for a vote on both the bipartisan bill and reconciliation before Manchin is on board, feels like a caucus cracking under the threat of being (absurdly) blamed if McAuliffe loses VA /1
Some progressives seem worried that if McAuliffe loses then a spooked Manchin might run for the hills. But from the CPC perspective, that's all the more reason to hold the line, b/c as @AOC has argued, the fossil-heavy BIF without being paired with the other is a net loser
The question is: Do the chances of Manchin supporting the build back better act go up or down if the BIF is passed? There's an argument that he wants it done that way for alpha reasons, so he can prove he wasn't pushed around by a bunch of House members

Or he could just kill it
Read 7 tweets
1 Nov
The lawyer defending Texas’ abortion law just admitted under probing from (I think?) Breyer that a blue state could pass a bounty law getting around the second amendment with a $1 million bounty for anybody who sells an AR15
And, the lawyer said, the federal courts couldn’t step in, only state courts could.
He added that the gun seller could go to congress if he didn’t like it, but other Justices noted that A) Congress probably wouldn’t help and B) the point of a right is you don’t need Congress. That’s why it’s a right.
Read 4 tweets
28 Oct
Democrats are putting about 20 billion behind a top priority of @sunrisemvmt, their Civilian Climate Corps, but the legislation also throws some of those billions at traditional Americorps, which is causing consternation in the caucus /1
Americorps is a small ($1 billion) program that is poorly managed and doesn't have a ton of support in cities where its active. Some Dems want the DoL to run it instead. I talked to Jamaal Bowman about it in this week's podcast theintercept.com/2021/10/28/dec…
Also asked AOC and Bernie Sanders about it this week and both are supportive of keeping it in Americorps, despite the program's problems.
Read 6 tweets
27 Oct
It’s interesting how people are laser focused on the potential long term harms of the vaccine yet remarkably unconcerned about the long term harms of covid. On both, we simply don’t know, but there’s this weird confidence that the vaccine is obviously more harmful long term.
Like, maybe you’re right, but how do you know that? (You don’t; nobody does.)
It’s the tone of it that gets me, I guess. What must it be like to be so confident about something we by definition don’t know?
Read 4 tweets
26 Oct
Warren, Wyden, and Angus King unveiling their alternative minimum corporate tax that relies on corporate public claims of their profits Image
King estimates it would raise $400 billion over 10 years, noting the share of corporate tax revenue to the government has shrunk by 75% over the last 40 years
Warren says she and King wanted the tax to apply to profits above $100 million, but to get 50 votes they needed to put it at a billion.
Read 8 tweets

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