Tag: unemployment
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Rick Santorum beat Mitt Romney in all three Republican contests on Tuesday. Santorum won by sizable margins in both Missouri and Minnesota—where Romney came in third behind Ron Paul—although Missouri was a non-binding “beauty contest” with no delegates at stake. Santorum also won Colorado, a key ... Read More
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It has been clear for some time that the presidential election would be about economics. The killing of Osama bin Laden, the withdrawal of troops from Iraq, and the fall of Muammar Qaddafi were all obviously significant events, but with unemployment still at 8.5% national security issues will ... Read More
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Mitt Romney has experience that Barack Obama doesn’t. For all his obvious gifts, Obama has no real experience running private companies, while Romney is one of the most accomplished business people of his generation. As a management consultant at Bain, Romney was at the forefront of a revolution in ... Read More
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As we approach Saturday's Republican primary in South Carolina, Mitt Romney’s nomination is looking more and more likely. Political futures market Intrade now gives Romney an almost 90% chance of winning the Republican nomination—up 4 points from a week ago—as conservative opposition to him remains ... Read More
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Mitt Romney’s convincing victory in New Hampshire—exit polls showed him winning in a wide variety of key groups—made him the first non-incumbent Republican in years to win both Iowa and New Hampshire. Conservative South Carolina seems like the last chance for a credible alternative to Romney ... Read More
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Welcome to the first of my weekly roundups of the upcoming U.S. elections. President Obama’s approval rating remains below 50% and the economy continues to be weak, but political futures markets still give him better than even odds of winning reelection. At the same time, they give Republicans a ... Read More
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President Obama ought to be in a lot of trouble. With the economy still as bad as it is after three years in office, his prospects for reelection should be bleak. But it still remains to be seen who will take the blame for our economic problems. And the fact is that as much as Americans disapprove ... Read More
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It’s the economy, stupid. The conventional wisdom is that Barack Obama’s re-election chances hinge on the state of the economy. While some of my readers are already convinced for some reason that Obama is an unimaginably bad president, most Americans have more mixed feelings toward him. But there’s ... Read More
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Earlier this week, Yves Smith at Naked Capitalism flagged a disturbing finding from a September survey of U.S. households. The survey, which was conducted by a consortium of financial planning industry groups in conjunction with the U.S. Conference of Mayors, found that one-third of Americans would ... Read More
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Since its peak in 2007, the U.S. economy has lost almost 7 million jobs. Although the economy has begun to recover, jobs have been slow to return. Recent job growth has not been enough to keep up with growth in the country’s population. As Catherine Rampell’s comparative recession chart shows, this ... Read More
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America today is at crossroads. The threat of a major terrorist attack is very real, but it may be the least of our worries. We are on the verge of a global environmental crisis; our system of industrial agriculture may be unsustainable; the world’s fisheries are in danger of collapse. We are fighting two costly wars, neither of which seem likely to end soon. Health care costs are spiraling out of control. Our national debt is now the highest it has been as a percentage of GNP since World War II. And at the same time, we face important fights over abortion, same-sex marriage, and civil liberties.
How we handle these crises will determine the course the world takes in the coming years. Politeia serves as a guide to 21st-century politics as played for the highest possible stakes.
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