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How Would a Shutdown Impact the Economy?

September 24, 2025 at 1:09 pm EDT By Taegan Goddard Leave a Comment

New York Times: “First came President Trump’s punishing global tariffs, which have started to send prices higher.”

“Then, it was mass layoffs in government and deportations nationwide, which have put the squeeze on the labor force.”

“Now, Washington is speeding toward a federal shutdown, posing yet another test to an economy under increasing strain eight months into Mr. Trump’s second term. If a partisan logjam brings federal agencies to a screeching and sustained halt in a matter of days, the result could be another round of pain for American consumers and businesses.”

Investors Flock to Gold

September 24, 2025 at 12:23 pm EDT By Taegan Goddard Leave a Comment

Vanity Fair: “The president promised a ‘golden age,’ but Americans buying actual gold to hedge against an unstable economy is probably not what he had in mind.”

“Gold—it’s not only the decoration of choice for Donald Trump’s White House, but, it seems, the asset of choice for investors skittish about the economy he’s overseeing.”

“Gold prices have been surging lately, climbing to a record high Tuesday amid declining value of the U.S. dollar, political instability, and anxiety over the president’s signature tariffs—the latest sign that his economy may not exactly be the ‘miracle’ he promised he’d deliver on the campaign trail.”

Gavin Newsom Taps a Voter Motivator

September 24, 2025 at 12:19 pm EDT By Taegan Goddard Leave a Comment

One way to measure a politician’s influence is to see how others respond to them.

California Gov. Gavin Newsom (D) just offered a pretty big clue about who he sees as a rising leader.

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Massie Says GOP Leaders in ‘Full Panic’ Over Epstein Files

September 24, 2025 at 12:03 pm EDT By Taegan Goddard Leave a Comment

Rep. Thomas Massie (R-KY) is declaring victory on his move to force a vote on releasing the Jeffrey Epstein files after the election to fill a vacant Arizona House seat, Semafor reports.

And he says House Speaker Mike Johnson and “some of the powers that be in DC are in full panic right now” about it.

Jimmy Kimmel Reveals a Big Trump Weakness

September 24, 2025 at 12:00 pm EDT By Taegan Goddard Leave a Comment

Greg Sargent: “The reality MAGA will not acknowledge is this: Trump’s authoritarian tactics in suppression of disfavored speech are themselves triggering a massive cultural outcry. And by all indications, it’s larger than the one driving the push to censor imperfect speech about Kirk.”

Trump’s Middle Finger to the World

September 24, 2025 at 11:59 am EDT By Taegan Goddard Leave a Comment

Charlie Sykes: “Not since Uganda’s Idi Amin, festooned in a gold embroidered dark green uniform, ranted from the podium has the United Nations seen anything quite as weird and embarrassing as Wednesday’s performance by the American president.”

“Most news accounts don’t come close to capturing it, as much of the media seems intent on sane-washing Trump’s performance, using words like ‘scathing’ or ‘meandering,’ because headline writers shy away from words like ‘unhinged,’ ‘deranged,’ ‘unstable,’ ‘crazed,’ certifiable — and are generally reluctant to point out that the President of the United States is a crack-brained elderly man-child shouting at windmills and clouds.”

Trump Says NATO Should Down Russian Jets

September 24, 2025 at 11:35 am EDT By Taegan Goddard Leave a Comment

“President Donald Trump said NATO nations should shoot down Russian aircraft that violated their airspace and struck a more sympathetic tone on Ukraine’s chances of winning the war,” Bloomberg reports.

A Media Mogul Like No Other

September 24, 2025 at 11:34 am EDT By Taegan Goddard Leave a Comment

New York Times: “TikTok is just one part of the rapidly expanding Ellison family media portfolio. Mr. Ellison’s son, David, who recently secured an $8 billion deal for Paramount and CBS and is busy putting his own stamp on them, is widely reported to be preparing a much bigger bid for Warner, which includes CNN.”

“At any other time, the regulatory hurdles to owning TikTok, CBS and CNN along with a major swath of Hollywood would have been insurmountable. This is a decidedly different era, where being in the good graces of Mr. Trump counts for a great deal.”

Trump’s Approval Rating Ticks Down

September 24, 2025 at 11:31 am EDT By Taegan Goddard Leave a Comment

President Trump’s approval ticked slightly lower in recent weeks as Americans worried about the health of the U.S. economy and the Republican’s ability to contain rising prices, according to a new Reuters/Ipsos poll.

Trump Promises He Won’t Allow Annexing of West Bank

September 24, 2025 at 11:17 am EDT By Taegan Goddard Leave a Comment

“President Donald Trump promised Arab leaders during a meeting Tuesday that he would not allow Israeli Prime Minister Benjamin Netanyahu to annex the West Bank,” Politico reports.

“Two of those people said Trump was firm on the topic and that the president promised that Israel would not be allowed to absorb the West Bank, which is governed by the Palestinian Authority, not Hamas.”

New Jersey’s Only PBS Station Shuts Down

September 24, 2025 at 11:13 am EDT By Taegan Goddard Leave a Comment

New Jersey PBS, the state’s only public television station, has announced it will cease operations next year, WHYY reports.

Democrats Desert Legacy Media

September 24, 2025 at 10:53 am EDT By Taegan Goddard Leave a Comment

“Establishment media corporations’ capitulation to the Trump administration has alienated Democrats — and opened the door for a new crop of independent partisan outlets hoping to capitalize on left-of-center audiences’ discontent,” Semafor reports.

Earlier for members: Jimmy Kimmel’s Suspension Is a Wake-Up Call

Apple Postpones Jessica Chastain Thriller

September 24, 2025 at 10:46 am EDT By Taegan Goddard Leave a Comment

“The release of Apple TV+’s The Savant has been put on hold three days before the thriller starring Jessica Chastain was slated to premiere,” Deadline reports.

“The streamer would not elaborate on the reasons for the last-minute change but The Savant‘s subject matter is believed to be behind it, with the story line about preventing extremist attacks and some of the imagery considered possibly triggering… The series includes a sniper in action and the bombing of a government building among other acts of violence.” 

Quote of the Day

September 24, 2025 at 10:40 am EDT By Taegan Goddard Leave a Comment

“I definitely don’t think that the government should be involved ever in dictating what a comedian can or cannot say in a monologue… You are crazy for supporting this because this will be used on you.”

— Joe Rogan, on his podcast.

Jimmy Kimmel Just Dared Trump to Take Him Off the Air

September 24, 2025 at 10:06 am EDT By Taegan Goddard Leave a Comment

Jimmy Kimmel returned to the air last night after a six-day suspension from Disney, and he didn’t mince words.

Kimmel said he never intended to “make light of the murder of a young man,” but he used his monologue to tear into both President Trump and FCC Commissioner Brendan Carr.

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Viewers Flocked to YouTube to Watch Jimmy Kimmel

September 24, 2025 at 10:05 am EDT By Taegan Goddard Leave a Comment

Although ABC affiliate stations owned by Sinclair and Nexstar Media Group refused to air the return of Jimmy Kimmel’s show last night, his monologue was viewed by more than 7 million people within hours on YouTube, Fast Company reports.

SEC Dropped a Complaint Against Chairman’s Ex-Client

September 24, 2025 at 10:02 am EDT By Taegan Goddard Leave a Comment

“In 2018, Paul Atkins was paid $1,450 an hour to be an expert witness by Devon Archer’s lawyers as they tried to undermine accusations that their client defrauded a Native American tribal entity and others out of $60 million,” the New York Times reports.

“While Mr. Archer was convicted anyway, he was pardoned by President Trump in March.”

“And last week, with Mr. Atkins serving as the Trump-appointed chairman of the Securities and Exchange Commission, his agency moved to dismiss a civil case against Mr. Archer related to the same fraud.”

Trump Races to Consolidate Power Before the Midterms

September 24, 2025 at 9:21 am EDT By Taegan Goddard Leave a Comment

Some readers pushed back on the idea that Donald Trump’s coalition is splintering.

But the numbers are hard to ignore: Trump remains remarkably unpopular. As G. Elliott Morris notes, nearly half the country disapproves of him strongly—about twice the share who feel that way positively.

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  • Democrats Reach for an Open Senate Seat
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Word of the Day

Obstructionism: “Obstructionism” is the act of deliberately stalling, delaying, or preventing legislation from being passed.

Read the full definition

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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