***Official Political Discussion Thread***



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It is kinda clear that centrist in the House, Sinema, Manchin, and corporate lobbyists are coordinating their effort to tank the Dems reconciliation bill

Everyone agrees to the two-track approach

Progressive and liberal wait on Sinema and Manchin for months to negotiate the infrastructure bill

The infrastructure bill passes

Senate passes the budget framework

Then all of a sudden House centrists start throwing a fit, making weird demands, and saying they want the Infrastructure bill passed before the debate starts on the reconciliation bill

The leader of play in the House makes some nonsense argument as to why he wants this done

They force Pelosi to agree on a Spet 27th deadline for the Infrsutrure bill to get the Budget framework passed.

It comes out the centrist was in contact with Sinema the whole time they were negotiating

The get the deadline

The corporate lobby starts upping their pressure on it (because of the tax increases and IRS funding)

Then suddenly Manchin, who said he was down to spend 4 trillion, who had been in contact with Bernie and Chuck this whole time about the framework of both bills, who promised in public to be a team player....writes an WSJ Op-Ed, lying his *** off about the bill and his knowledge of it.

This is **** just seems coordinated.
 
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It’s so insane and stupid for the CoC to oppose this. Would be va a massive Keynesian boost in the near/mid term and provide significant operational leverage on forward. I don’t understand how these people make it to leadership positions.

At least anti-vaxers are opposed to state of the art science. The economics of this have been settled for decades.
 
It’s so insane and stupid for the CoC to oppose this. Would be va a massive Keynesian boost in the near/mid term and provide significant operational leverage on forward. I don’t understand how these people make it to leadership positions.

At least anti-vaxers are opposed to state of the art science. The economics of this have been settled for decades.
Jamelle Bouie has the best read on these centrists.

They have no policy agenda, or urgency to help people like progressives and liberals.

Everything about them is about performative pragmatism, bipartisanship, and protecting the business interest of their donors

Undermining their own party, with ******** arguments, and expecting everyone to accept their bad faith nonsense.
 
Jamelle Bouie has the best read on these centrists.

They have no policy agenda, or urgency to help people like progressives and liberals.

Everything about them is about performative pragmatism, bipartisanship, and protecting the business interest of their donors

Undermining their own party, with bull**** arguments, and expecting everyone to accept their bad faith nonsense.

But my point is that significant government investment will serve corporate interests. Unless you’re in payday loans or other counter cyclical industries, you’re going to benefit from stimulus. It’s really an all boats rise situation. We could all be getting a lot richer; that’s my beef.
 
But my point is that significant government investment will serve corporate interests. Unless you’re in payday loans or other counter cyclical industries, you’re going to benefit from stimulus. It’s really an all boats rise situation. We could all be getting a lot richer; that’s my beef.
No all of them

Oil and Gas (Manchin's biggest donors) doesn't want the climate change stuff

Drug companies don't want the prescription drug stuff

Insurance companies don't want them to go too far with extended Medicare

No one wants the tax increases, or well-funded IRS, buybacks, etc.

The macroeconomy at large benefits from demand-side stimulus, but different companies and industries rent seek. If they see lower growth and lower taxes are better for their bottom line than higher growth and higher taxes, then they will be against stuff.
 
Short term greedy. Energy companies are well-positioned to lean into distribution expertise. Insurance gets significantly more business on their life side through estate management. Pharma? I dunno. I guess drug dealers will always get theirs.

I do get rent seeking. And my own industry tracks more to global macro, so I’m biased. But it’s just odd that given the net positive benefit throughout the economy that the CoC isn’t more divided.
 




This is frustrating, but not unexpected. Brown lost the primary but is probably hoping he can win the general with a mix of moderate and conservative votes. I just know I’ll likely donate to her campaign this Fall.
 
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