8 votes

Weekly US politics news and updates thread - week of November 1

This thread is posted weekly - please try to post all relevant US political content in here, such as news, updates, opinion articles, etc. Extremely significant events may warrant a separate topic, but almost all should be posted in here.

This is an inherently political thread; please try to avoid antagonistic arguments and bickering matches. Comment threads that devolve into unproductive arguments may be removed so that the overall topic is able to continue.

4 comments

  1. [2]
    nukeman
    Link
    Dave Wasserman, of the Cook Political Report, calls the Virginia governor’s race for Republican Glenn Youngkin Apparently there is high turnout everywhere, but especially in rural and exurban...

    Dave Wasserman, of the Cook Political Report, calls the Virginia governor’s race for Republican Glenn Youngkin

    Apparently there is high turnout everywhere, but especially in rural and exurban areas. Margins are narrower than 2020/2017 in major urban and suburban counties/cities.

    4 votes
    1. nukeman
      Link Parent
      In addition to Youngkin winning, Virginia also sees victory of Cuban-American Jason Miyares for AG and African-American Winsome Sears for Lieutenant Governor, both Republicans.

      In addition to Youngkin winning, Virginia also sees victory of Cuban-American Jason Miyares for AG and African-American Winsome Sears for Lieutenant Governor, both Republicans.

      3 votes
  2. HotPants
    Link
    Inflation is at a 30-year high. Here's how the Federal Reserve plans to deal with it

    Inflation is at a 30-year high. Here's how the Federal Reserve plans to deal with it

    On one side, the Fed feels the economy still needs help given that the U.S. has yet to recover nearly 5 million jobs that were lost during the pandemic.

    But the Fed is also facing another opposing problem: Inflation has climbed to its highest level in three decades as Americans have gone on a spending spree that has sparked widespread shortages.

    For now the Fed is straddling a middle line as it navigates the uneven economic recovery.

    Powell said he and his colleagues are on the lookout for the kind of wage-price spiral that led to runaway inflation in the 1970s, but he doesn't see evidence of that so far. If it were to materialize, Powell has said, the central bank is prepared to raise interest rates.

    3 votes