Let’s start with congress is back in town. They have 21 days in session before they close for the year. So the noise will be up. Impeachment is front and center for the House Judicary Committee. How Nancy Pelosi handles this is worth watching. If she allows them to go forward the hearings end next year–a Presidential election year. It will have an impact one way or another.
Speaking of elections, tomorrow is that special congressional election in NC. A Republican district, the polls say this is a toss up. The President is there tonight to try and drive the vote.
ON GUNS, it is clear that President owns this now. Speaker McConnell has been clear that he is not going to move unless the president gives him something to move on. The Democrats say they are ready to move but need to understand what the administration wants. So let’s watch and see what the President does and if he takes on the NRA.
Mark Sanford, the former Governor and Congressman from South Carolina announced he is running against the President in the Republican primaries. Well it looks like the states are cancelling any Republican primaries. What are the thoughts of these people? Maybe a play for the future if Trump falters? “Don’t blame me, I ran against him”?
The Democrats have their debate this week and ten qualified, so it is down to one night and three hours long. We wonder about Biden in this environment, and if the others come after him.
Plus this news you may not have heard:
Billionaire Tom Steyer said he had qualified for the Democratic Party’s October presidential debate, a development that would split the next round of debates over two nights. The DNC’s cutoff for reaching 130,000 individual donors and notching at least 2% support in four qualified polls came and went, with Mr. Steyer needing one more poll at 2%. He got it this morning when CBS/YouGov released a poll showing him with 2% support in the early-voting state of Nevada. It came out too late to put him on the September debate stage but secures his spot in October.
The next one to watch is Rep. Tulsi Gabbard who is also on the cusp of qualifying for the October debate.
Now some may drop out, too, so maybe they stay at ten. We’ll see.
Meanwhile, a Washington Post/ABC poll released yesterday showed the three top candidates in the field are the only contenders polling in double-digits. Joe Biden at 29 percent, Bernie Sanders at 19 percent and Elizabeth Warren at 18 percent led the way. Kamala Harris was fourth with 7 percent, followed by South Bend Mayor Pete Buttigieg at 4 percent.
Some good news for the administration you might not have heard:
Border arrests for illegal crossings plummeted to 51,000 in August, down more than 60 percent since a peak in May. And border watchers say it’s largely because of an agreement Trump struck with Mexico in June.
Remember when the threat of Mexican tariffs was sniffed at?
We mentioned the unemployment numbers Friday, and the MSM actually reported it as a negative. Here’s a story from Fox Business that tells you about a lot of available jobs and its impact on wages:
In an interview with Stew Leonard Jr., in which he says that the low unemployment rate is creating problems as his eponymous company hires for a new store scheduled to open in New Jersey.
We opened a store in Farmingdale, [NY,] back in 2016, [and] we hired 400 people,” Leonard said. “We had one job fair, filled it up … The new store we’re opening in Paramus, we’ve had to have three job fairs, and the average rate of everybody we’re hiring is $15.50 an hour or more,” Leonard said.
A China Update from the AP:
“China’s trade with US shrinks as tariff war worsens. China’s trade with the United States is falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data showed Sunday. Exports to the United States, China’s biggest market, sank 16% to $44.4 billion.”
And this from the WSJ:
U.S. manufacturers are investing less in their factories and workforces as the trade dispute with China makes it more difficult for executives to anticipate costs and demand. The shifting contours of the tariffs that the U.S. and China have applied to each other’s goods are prompting some companies to put business plans on hold. Others are cutting back investments as trade volumes and economic growth slow around the world.
Have a great day.