Oddly enough, the market for US debt is partially due to a high trade imbalance. The less people sell to Americans, the less use they have for the dollar.
17.05.2025 15:21 β π 0 π 0 π¬ 0 π 0@dansally.bsky.social
Electoral Reform Nerd. Internet Bigmouth. All Opinions my own. Podcast, newsletter, and other sundry content can be found here: https://linktr.ee/middleweightpolitics
Oddly enough, the market for US debt is partially due to a high trade imbalance. The less people sell to Americans, the less use they have for the dollar.
17.05.2025 15:21 β π 0 π 0 π¬ 0 π 0Why isnβt Moodyβs downgrading the US credit rating front page news?
Reminder: if we cut all discretionary federal spending, the US would still run a deficit of $200B.
Thereβs no way out of this hole that doesnβt involve entitlement reforms and raising taxes
ratings.moodys.com/ratings-news...
LISTEN: @dansally.bsky.social and I unpack how Brian Kempβs decision not to run for Senate reflects how the GOPβs biggest opponent in 2026 might not be the Democrats, but a primary system that seems to favor an increasingly extreme breed of Republican.
14.05.2025 21:09 β π 4 π 3 π¬ 0 π 0What if the new pope is Biden?
08.05.2025 16:44 β π 0 π 0 π¬ 0 π 0This is, by far, one of the most innovative and exciting approaches I've seen in a while.
Links to the convo below:
Apple Podcasts: bit.ly/42YTqzi
Spotify: bit.ly/4iPSROb
YouTube: www.youtube.com/watch?v=5AdL...
The goal? Build a caucus big enough to deny both major parties the majority. This would require both major parties to negotiate on legislation, rather than the all-or-nothing stalemate we have today.
06.05.2025 16:13 β π 0 π 0 π¬ 1 π 0Austen saw the potential for the right kind of independent to gain traction in the deepest red and blue states and districts, and his organization is recruiting and funding independents in safe districts across the country to get more folks like Osborne elected to Congress.
06.05.2025 16:13 β π 0 π 0 π¬ 1 π 0Austen worked as Deputy Finance Director for Dan Osborne, an independent who turned what should have been a glide-path to reelection for Nebraska's Republican Senator Deb Fischer into a competitive election.
06.05.2025 16:13 β π 0 π 0 π¬ 1 π 0Anyone interested in turning Congress into a governing body again should check this out: independentnationalcoalition.com/home
I had a conversation with the org's founder, Austen Campbell (links in reply), but here's the gist:
Thank you! Glad you enjoyed it.
Your comment also reveals what a unique place on the internet BlueSky is. Can't wait for the world to ruin it.
This is another reminder that we need to change the incentive structure to encourage politicians to campaign for the true majority of voters, as opposed to cobbling together a winnable coalition from the political fringes.
Ranked-choice voting in presidential elections is, by far, the best option.
Of course, the bigger point here is that the opinion of the majority doesn't matter as much as a smaller group of voters in a few key states. While a more left wing candidate might far better, it would come at the expense of an alienated political center.
22.04.2025 16:04 β π 0 π 0 π¬ 1 π 0These voters also appear in large enough numbers in battleground states where they're exceptionally valuable in national elections.
22.04.2025 16:04 β π 0 π 0 π¬ 1 π 0They also have a deep trust of parties and institutions, meaning a moderate, establishment candidate would be viewed with suspicion.
A bolder antiestablishment candidate such as AOC would actually fare better among these voters.
The persuadable voters lie in the populist camp - socially conservative, economically liberal voters who actually like Democratic economic policies but are turned off by their cultural messaging.
22.04.2025 16:04 β π 0 π 0 π¬ 1 π 0Most moderates are functional partisans, meaning they'll habitually vote for one of the two major parties - more out of fear of the opposing party than support for the other.
From an electoral sense, moderates aren't necessarily the most valuable.
Democrats have had a deep-rooted fear that nominating someone too far to the left would alienate moderates and cost them the White House, yet two victories by Donald Trump show us how hard moderate voters are to scare off.
22.04.2025 16:04 β π 0 π 0 π¬ 1 π 0Democrats have long feared a left-wing candidate would scare away moderate voters. Is this fear misguided?
@thatshawng.bsky.social and I discuss. Links below and details in thread for your reading types....
Apple Podcasts: bit.ly/4jfOkFP
Spotify: bit.ly/42CFLxB
YouTube: bit.ly/4jIH458
The events of this week have solidified my belief that the best way to find out how much people hate you is to launch yourself into space.
16.04.2025 13:40 β π 0 π 0 π¬ 0 π 0It also wouldn't hurt to reform elections so organized, polarized factions can't take over one (or both) of the only two choices we have on the ballot.
The best option: change elections so we have more than two choices.
Proportional representation, and ranked-choice voting can help.
Whether you're on the left or right, the sort of whipsaw effect this will create is bad for the country.
We need reforms that will put the power ceded to the presidency over the past 70 years back in the hands of Congress.
With the economic forecasts as they are, the GOP could have set itself up for an even more left-leaning, activist Democrat to take the White House and use their expanded presidential powers to build an even more expansive federal government.
15.04.2025 17:28 β π 0 π 0 π¬ 1 π 0The progressive wing of the Democratic Party seems more eager to primary their more center-left leadership, which could result in an even further ideological distance between the MAGA-dominated GOP.
www.politico.com/news/2025/04...
Until then, we'll keep podcasting.
Apple Podcasts: bit.ly/4jBonR0
Spotify: bit.ly/3Rh6SsV
YouTube: bit.ly/4j69lCF
This highlights a weakness in our electoral system, where a handful of counties and voters can have such an outsized impact that the global financial order is nearly upended in response.
Per usual reforms such as ranked-choice voting and proportional representation can help.
So, an anti-China tariff policy helps in the states where the GOP needs votes the most, and declines in the stock market don't necessarily hurt.
This being said, a recession created by economic uncertainty & rising costs would.
And while automation has contributed to close to 90% of the loss of manufacturing jobs in the US over the past few decades, the areas where China's entrance into the WTO hurt most are electorally important counties in WI, MI, & PA.
14.04.2025 17:24 β π 2 π 1 π¬ 1 π 0Over 60% of Republican-held congressional districts now have median incomes below the national average.
With over 90% of stocks owned by the top 10% of households, Republican voters are the last to feel the impact of last week's decline in the stock market.
Trump's tariff policy is universally regarded as bad economically, but it may not be as terrible politically among the voters that matter to him.
@thatshawng.bsky.social of Independent Voter News
& I discussed this (links in reply) but here's the gist if you'd prefer it in 300 characters π§΅
So this isn't to say we should seek to strengthen democratic institutions or put checks on the power of those in office, but it does show us how healthy intraparty competition can help.
10.04.2025 18:05 β π 1 π 1 π¬ 0 π 0