Editor’s note: Miss some of this week’s news, public policy and politics? Stay current, keep up and get out ahead of the pack with Liberty Nation’s Sunday News Round-up. Yeehaw!
The Clown Car Arrives
The big news this week is the fallout from the first round of the Democratic Party presidential contender debates – a much-anticipated event that failed to deliver anything remotely presidential. Whether it was the anti-Trump slogans, the internecine back-biting, or just the general lack of substance, the televised debates had to make Democrat voters wonder if they should have just asked Hillary Clinton to climb on board once more.
With Joe Biden leading the polls by a clear 19 points, this was his debate to lose ... and he skilfully managed to snatch defeat from the jaws of victory. As Liberty Nation's Tim Donner wrote:
"If we had to deconstruct every inexplicable policy statement made over two nights, it would take hours on end. Instead, we offer this: When asked what would be his very first priority when he assumes the presidency on January 20, 2021, Joe Biden replied, 'to defeat Donald Trump.' Uh, excuse me, Mr. Vice President, but, um, you would have already accomplished that by then, because … oh, never mind."
Not to be outdone in the soundbite stakes, Kamala Harris took it upon herself to declare for the edification of the attending audience that she personally did not think that Biden was a racist. Uncle Joe must be very relieved. Quite how Harris thought making this particular distinction would reflect on the party, which Biden has represented for almost 50 years, remains a mystery.
No candidate walked away covered in glory. From a party that seeks to "unite the nation," this was a display of division and snipe that we haven't seen since the Republican debates of 2016.
What to Watch For
Each candidate's campaign team will be watching the poll numbers closely. Did their chosen Messiah gain a point? What statement got the largest round of applause? We can expect to see the next round of debates unfold in an opinion-poll format, with the remaining contenders tripping over themselves to offer more freebies and three-second digs ... but sadly, no costed policies.
No New York State of Mind
Latest reports out of the Big Apple suggest that almost half a million New Yorkers jumped ship last year for more hospitable climes. Yet data shows that it's not the weather they are seeking to escape, but rather the ever-growing cost of living. Is it the poor, the needy, the desperate who are bailing out? No, it's the wealthy seeking to protect what remains of their diminishing fortunes.
Recently, the New York City Council adopted a $93 billion budget, and in a state where the top 10% of earners contribute 70% of the tax revenue, the rainmakers must have had a clue about how the greedy councilmen and women were planning on funding it. Who's left behind to pay for the rampant series of debt-inducing policies foisted on the remaining New Yorkers? According to Liberty Nation's Sarah Cowgill:
"Not the wealthy folks who had had enough and took the exit ramp to now hang out on the veranda of their Houston mansion sipping champagne. Next, many in the middle class will save enough hard-earned dough to leave behind the retributory and wasteful government regime and seek more welcoming and encouraging habitats. All that will remain then are the very people those social programs are supposed to help as the idealism of De Blasio’s socialistic utopia vanishes — to be replaced by 50 shades of Venezuela."
This exodus from blue states is happening all over the country, from coast to coast. Residents vote in Democratic Party leadership, which fulfills its promises of backing every harebrained scheme that fits the left's social narrative, and then flee when they realize the bill is going to come from their own pockets. Someone should explain to them what "tax" is and where it comes from.
What to Watch For
Now that AOC has successfully frightened off 25,000 new jobs courtesy of Amazon, we can expect to see New York Dems playing defense. You'll see a lot of headlines about how many social programs are dragging people out of difficult situations, all in an effort to deflect the fact that the wealth creators are running for cover.
Washington Whispers & Other Juicy Tidbits
Be on the lookout for:
With the G20 done and dusted, look out for the spin machine suggesting Trump is not acting presidential enough with foreign "enemies."
While polling will likely remain steady for Dem candidates, expect the cash betting markets to start sorting the main players from the no-hopers.
After Trump's meeting with Chinese Premier Xi Jinping, will this be the week that a breakthrough on the China/U.S. trade war is announced? Watch for stock market leaps, especially in the agriculture sector.
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