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A Shutdown Is the Least-Bad Option for Democrats

September 9, 2025 at 9:45 am EDT By Taegan Goddard Leave a Comment

Jonathan Bernstein: “A shutdown is probably the least-bad option for the Democrats; they perhaps might consider a fixed-time shutdown followed by normal negotiations with an abnormal president; and while this is something of an opportunity for the party, no one should expect too much from a situation in which they really don’t have all that much leverage at all.”

“They should do what they can, but as long as Republicans have working majorities in both chambers, Congressional Democrats are just not the ones in a good position to defend the republic.”

Morgan Stanley Abandons Bullish Call on Argentina

September 9, 2025 at 9:30 am EDT By Taegan Goddard Leave a Comment

Bloomberg: “The Wall Street bank, alongside rivals including Bank of America Corp. and JPMorgan Chase & Co., advised clients to buy the government’s bonds ahead of a key local election in Buenos Aires this weekend, betting that the president’s recent political stumbles had already been priced in during selloffs that swept through the nation’s financial markets the past few months.”

“On Sunday evening, word came that Milei’s party had been handed a crushing defeat in the vote, a troubling sign ahead of nationwide congressional elections next month, and by Monday morning, the bullish calls had backfired spectacularly.”

Congress Isn’t Planning to Give Itself a Raise

September 9, 2025 at 9:15 am EDT By Taegan Goddard Leave a Comment

“Republicans and Democrats on Capitol Hill broadly agree that lawmakers deserve a raise, and they have a chance to do so soon through the appropriations process. But there is almost no chance they will,” NOTUS reports.

“Congress hasn’t given itself a pay increase since 2009, when lawmakers boosted their salary 2.8%, to $174,000. In the intervening 16 years, members’ purchasing power has declined by 31%.”

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Trump Applauds Cancellation of Award for Tom Hanks

September 9, 2025 at 9:02 am EDT By Taegan Goddard Leave a Comment

President Trump applauded West Point Academy’s decision to cancel an award ceremony for actor and veterans advocate Tom Hanks, accusing the celebrity of being “woke,” Politico reports.

The Job Market Is Hell

September 9, 2025 at 9:00 am EDT By Taegan Goddard Leave a Comment

Annie Lowrey: “Young people are using ChatGPT to write their applications; HR is using AI to read them; no one is getting hired.”

The 40% Presidency

September 9, 2025 at 8:47 am EDT By Taegan Goddard Leave a Comment

Seth Masket: “Presidential approval just doesn’t move around like it used to. The chart below shows Gallup’s data for presidential approval going back to Harry Truman. And one thing that stands out is that approval used to fluctuate a lot more than it has since Obama took office.”

“But more importantly, approval ratings appear unrelated to variations in the economic index.”

Wes Moore Tamps Down Presidential Talk

September 9, 2025 at 8:45 am EDT By Taegan Goddard Leave a Comment

Maryland Gov. Wes Moore (D) formally launched his reelection bid Tuesday, casting himself as “a person of action” and promising to serve a full four-year term and not launch a widely speculated 2028 bid for president, the Washington Post reports.

Bass Endorses Villaraigosa for California Governor

September 9, 2025 at 8:43 am EDT By Taegan Goddard Leave a Comment

Los Angeles Mayor Karen Bass endorsed former Mayor Antonio Villaraigosa in the 2026 California governor’s race, the Los Angeles Times reports.

Wall Street’s Loudest Trump Critic

September 9, 2025 at 8:30 am EDT By Taegan Goddard Leave a Comment

“Few on Wall Street are willing to publicly lob any criticism at President Trump. Hedge-fund manager Ken Griffin is an exception,” the Wall Street Journal reports.

“The founder and chief executive of investing giant Citadel, who is worth an estimated $50 billion and is among the largest Republican donors, has repeatedly voiced disagreement with Trump’s signature initiatives. Griffin has opined on everything from tariffs to mass deportations to the tax cuts and deficit impacts of the Republicans’ sprawling tax and spending legislation signed into law by Trump.”

MAGA Dreams of Even Greater Power Grabs

September 9, 2025 at 8:04 am EDT By Taegan Goddard Leave a Comment

Axios: “Trump has spent his first eight months smashing norms — and crossing legal lines — in his dizzying pursuit of mass deportations, crime crackdowns, government purges and more.”

“But in MAGA’s maximalist mindset, it’s not enough: The base sees a shrinking window for its revolution, with Trump term-limited and potential midterm losses looming next year.”

“On every political front, the movement is pressing for more — now.”

Exchange of the Day

September 9, 2025 at 8:01 am EDT By Taegan Goddard Leave a Comment

Supreme Court Justice Amy Coney Barrett was interviewed on Fox News by Brett Baier:

BAIER: The 22nd Amendment says you can only run for office for two terms.

BARRETT: True.

BAIER: You think that’s cut-and-dried?

BARRETT: Well, you know, that’s what the amendment says, right? You know, after FDR had four terms, that’s what that amendment says.

Student Test Scores Are Sliding

September 9, 2025 at 7:54 am EDT By Taegan Goddard Leave a Comment

“Scores for 12th-graders in math and reading continued their years-long slide, reaching new lows on national tests,” the Washington Post reports.

“The declines were underway before the onset of the coronavirus pandemic, which broadly disrupted education, and scores have continued to fall. Policymakers had hoped there would be signs of recovery by 2024, when these tests were administered. Instead, the results were the latest indication of the pervasive challenges facing American schools and students.”

See More Pages From Epstein’s 50th Birthday Book

September 9, 2025 at 7:50 am EDT By Taegan Goddard Leave a Comment

The Wall Street Journal has more pages from the infamous Jeffrey Epstein birthday book, including a letter from Bill Clinton.

Staffing Crisis Unfolds at BLS

September 9, 2025 at 7:35 am EDT By Taegan Goddard Leave a Comment

Bloomberg: “A third of high-level roles at the agency that produces marquee numbers on US jobs and inflation are vacant, according to the BLS website.”

“While the commissioner role has been temporarily filled, a range of other leadership positions that oversee various aspects of employment statistics and regional field operations sit empty.”

Missouri Is About to Erase a Democratic Seat

September 9, 2025 at 7:30 am EDT By Taegan Goddard Leave a Comment

“The Missouri House is expected to approve a new congressional map Tuesday that would eliminate a Democratic-controlled US House seat, as Republicans around the country scramble to boost their chances of retaining control of Congress after next year’s midterm elections,” CNN reports.

Trump Halts IRS Crackdown on Major Tax Shelters

September 9, 2025 at 7:28 am EDT By Taegan Goddard Leave a Comment

“The Trump administration is quietly dismantling efforts by the Internal Revenue Service to shut down a slew of aggressive tax shelters used by America’s biggest multinational companies and wealthiest people,” the New York Times reports.

Gerrymandering May Get Even Worse

September 9, 2025 at 7:09 am EDT By Taegan Goddard Leave a Comment

Nate Cohn says if the Supreme Court slashes the Voting Rights Act further in a case they’ll hear next month, Republicans could gerrymander eight more safe seats in the South.

Can a Despised Autocrat Consolidate Power?

September 9, 2025 at 7:05 am EDT By Taegan Goddard Leave a Comment

Paul Krugman: “Roughly speaking, the American public doesn’t support anything Trump is doing. Yet he has been governing as if he has an overwhelming mandate to do whatever he wants, and to a large extent has been getting away with it. How is he managing that?”

“Part of the answer is anticipatory compliance on the part of members of the elite, from corporate CEOs to university presidents to law partners. Many of our institutions have been giving in to demands that Trump clearly has no legal right to make, out of fear of the consequences if they don’t.”

“Part of the answer is that Trump keeps declaring various kinds of emergency, then claiming that he has extraordinary powers to respond to these supposed emergencies…”

“But are cowardly elites and a compliant Supreme Court that keeps granting emergency powers enough to let a president who has not yet established a widespread climate of fear, who has low and declining public support, consolidate his position as autocrat?”

“Honestly, I have no idea. But I guess we’re going to find out.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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