Household Debt Remains Startlingly Low
Household debt has hit yet another record. Should we be worried? Michael Strain says no, and I agree. This time, though, it’s more than my usual gripe about not adjusting for inflation. The thing to look at isn’t raw debt in the first place, but how much it’s affecting family finances: The average family is…
Mike Bloomberg Either Won or Lost Tonight
If my Twitter feed is any indication, the unanimous opinion of everyone on the planet is that Mike Bloomberg got completely thrashed in the debate tonight. Conversely, I thought he came through OK. He took a ton of hits, but he mostly swatted them away without suffering a lot of damage. So what really happened?…
The Easy Part Is Over for Michael Bloomberg
Former New York City Mayor Mike Bloomberg at the Democratic presidential primary debate Wednesday, Feb. 19, 2020, in Las Vegas, Nevada.John Locher/Associated Press Michael Bloomberg’s campaign for president has been an attempt to reinvent the presidential primary process entirely. The billionaire former three-term mayor of New York City jumped into a race that was already…
Warren Landed the Night’s Biggest Blow on Bloomberg
Sen. Elizabeth Warren (D-Mass.) campaigns at the College of Southern Nevada on February 17. Brian Cahn/ZUMA Sen. Elizabeth Warren (D-Mass) landed what may prove to be the toughest blow against Michael Bloomberg in the Nevada Democratic debate Wednesday night when she pressed him to release female employees who had accused him of harassment and discrimination…
Michael Bloomberg’s Stop-and-Frisk Answer Was Absurd
John Locher/AP Michael Bloomberg, the billionaire former mayor of New York City, made his debate-stage debut Wednesday night, and the other candidates were ready to pounce. From the outset, Bloomberg’s rivals attacked his criminal justice policies. Under Bloomberg, the New York City Police Department’s stop-and-frisk policy targeted people of color in the city and led…
Bernie Sanders Was Called Out for Online Supporters’ Vicious Behavior. He Shut It Down.
Bernie Sanders speaks during a Democratic presidential primary debate on Wednesday, February 19, 2020, in Las Vegas.John Locher/AP Bernie Sanders was put on the spot at the Democratic debate Wednesday night over the vicious online attacks by some of his online supporters. Sanders bluntly condemned their behavior. “We have more than 10.6 million people on…