Politics
Economic growth remained strong over the summer, boosting Harris
At Donald Trump’s pseudo press conference at Mar-a-Lago, at which he answered no questions, the former president took some time to argue that the economy shouldn’t be seen as the nation’s top issue in the 2024 presidential election.
“So I know we talk about inflation and the economy, but as to me, there’s nothing, nothing, more important than the fabric of our country being destroyed,” the Republican said, referring to his perceptions of illegal immigration. “I think what’s happening on the border is the single biggest issue, and I’m seeing it more and more when I speak.”
And why, pray tell, would the GOP nominee downplay the importance of the economy? Because there’s been a lot of news lately about the United States’ economy, and it’s all been pretty great. The New York Times reported:
Consumers are spending. Inflation is cooling. And the U.S. economy looks as strong as ever. Gross domestic product, adjusted for inflation, expanded at a 2.8 percent annual rate in the third quarter, the Commerce Department said on Wednesday. That came close to the 3 percent growth rate in the second quarter and was the latest indication that the surprisingly resilient recovery from the pandemic recession remained on solid footing.
The article quoted Joe Brusuelas, chief economist at the accounting and consulting firm RSM, who said the American economy right now “is firing on nearly all cylinders.”
That’s not an uncommon assessment. The combination of healthy growth, low unemployment, shrinking inflation, record highs on Wall Street, and low gas prices has led quite a few observers to marvel at the health and resilience of the American economy.
In fact, it was earlier this month when The New York Times reported that the U.S. job market “is as healthy as it has ever been” — as in, in the history of the United States — and described recent economic growth as “robust.”
A few days later, The Washington Post’s Heather Long explained in a column that by “just about every measure, the U.S. economy is in good shape. Growth is strong. Unemployment is low. Inflation is back down. More important, many Americans are getting sizable pay raises, and middle-class wealth has surged to record levels. We are living through one of the best economic years of many people’s lifetimes.”
The same day, Politico described the status quo as “a dream economy.”
The International Monetary Fund, meanwhile, marveled last week at the degree to which the U.S. economy is “pulling ahead of the world’s advanced economies.” The Economist, a leading British publication, also recently described the U.S. economy as “the envy of the world,” adding that the American economy “has left other rich countries in the dust.”
Around this time four years ago, Trump told supporters that Democratic policies would “unleash an economic disaster of epic proportions” and force the country “into depression.”
Oops. No wonder he’d rather talk about immigration.
Of course, the larger question isn’t just about the status quo, it’s also about the future. The U.S. economy is strong now, but what about what’s to come?
As it turns out, 23 Nobel Prize-winning economists endorsed Vice President Kamala Harris over Trump in a joint letter released last week, explaining that the Republican’s agenda would “lead to higher prices, larger deficits, and greater inequality.”
“Simply put, Harris’s policies will result in a stronger economic performance, with economic growth that is more robust, more sustainable, and more equitable,” the letter added.
The Nobel laureates aren’t alone. The Wall Street Journal also recently asked economists a related question and found that most economists think “inflation, interest rates and deficits would be higher” under Trump’s agenda than Harris’ agenda.
“Look, you may not like Donald Trump personally, but you’ll like his policies a lot better than Kamala Harris’,” Georgia Gov. Brian Kemp recently said. The Republican added that voters are simply “making a business decision.”
Given everything we now know, those focused on the economy and business decisions should be rallying behind Harris as quickly as possible, hoping desperately that Trump loses. Indeed, The Washington Post’s Catherine Rampell explained in her latest column that the Republican is “the wrong choice” for Americans principally concerned about their pocketbook.
This post updates our related earlier coverage.
Steve Benen is a producer for “The Rachel Maddow Show,” the editor of MaddowBlog and an BLN political contributor. He’s also the bestselling author of “Ministry of Truth: Democracy, Reality, and the Republicans’ War on the Recent Past.”
Nexstar Media Group will continue to preempt “Jimmy Kimmel Live!” on its ABC affiliates, the company said Tuesday, effectively pulling the late-night show from dozens of local stations as the comedian prepares to make his return to the airwaves.
The company noted it would “monitor” the show as it returns to ABC, but said its stations would “focus on continuing to produce local news and other programming relevant to their respective markets.” The move makes Nexstar the second broadcasting company to preempt the show, following suit after the Sinclair Broadcasting Group announced Monday it would not air the talk program on its nearly 40 ABC affiliates.
“We made a decision last week to preempt ‘Jimmy Kimmel Live!’ following what ABC referred to as Mr. Kimmel’s ‘ill-timed and insensitive’ comments at a critical time in our national discourse,” the company wrote in a statement Tuesday. “We stand by that decision pending assurance that all parties are committed to fostering an environment of respectful, constructive dialogue in the markets we serve.”
Nexstar, the country’s largest local broadcasting group, owns roughly 30 ABC affiliates across cities like Nashville, Tenn., New Orleans and Salt Lake City. Sinclair also owns dozens of affiliates, including the ABC station serving Washington and its suburbs.
ABC parent Disney announced Monday it would resume airing “Jimmy Kimmel Live!” after deciding to suspend the show last week to “avoid further inflaming a tense situation at an emotional moment for our country.”
The show’s suspension sparked a flood of criticism from lawmakers and party leaders across the aisle, citing concerns about censorship — particularly after Federal Communications Commission Chair Brendan Carr threatened to look into affiliates because of the comedian’s comments.
Nexstar is currently seeking a merger with Tegna, which requires FCC approval.
“We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return the show on Tuesday,” Disney’s statement on Monday read.
House Democrats are going on the offense with tariffs and shutdown politics in swing districts, dropping TV ads against 10 vulnerable Republicans as Congress barrels toward an October government shutdown.
House Majority Forward, a nonprofit aligned with House Democratic leadership, is spending $3 million on broadcast TV and digital ads attacking Republicans on cost-of-living increases and cuts to Medicaid. Details of Tuesday’s ad buy were shared first with Blue Light News.
“They promised to lower prices, but you’re not imagining it — Republican tariffs are making everything more expensive,” one of the ad’s narrator says, over flashing images of grocery items. “Juan Ciscomani voted to let Trump make tariffs even worse and voted to make healthcare even more expensive. Now, Republicans in Congress are threatening to shut down the government, causing economic chaos.”
Ciscomani, a Republican member first elected in 2022, holds an Arizona House seat that Donald Trump also narrowly won last year.
The ads come as Congress faces a government shutdown stalemate, after the Senate rejected dueling short-term government funding proposals from both parties on Friday.
They also preview Democrats’ attack lines against Republicans ahead of the midterms. Public polling finds most Americans disapprove of Trump’s tariff policies. But Republicans maintain an edge over Democrats when voters are asked who they trust more on the economy, according to a Washington Post-Ipsos poll released over the weekend.
In addition to Ciscomani, the ads go after Reps. David Valadao of California, Gabe Evans of Colorado, Mariannette Miller-Meeks and Zach Nunn of Iowa, Tom Barrett of Michigan, Mike Lawler of New York, Rob Bresnahan and Scott Perry of Pennsylvania and Derrick Van Orden of Wisconsin.
The ad airing against Van Orden features a Wisconsin-based influencer, Kate Duffy. Styled after a social media post, it will air vertically on broadcast TV, a first for the group.
Disney announced “Jimmy Kimmel Live!” will resume airing on Tuesday, ending Kimmel’s short-lived suspension following comments the host made on his show about the killing of Charlie Kirk.
In a statement released Monday, Disney said it suspended Kimmel last week “to avoid inflaming a tense situation.” The company received intense pressure from Trump allies, including Federal Communications Commission Chair Brendan Carr, over Kimmel’s comments.
“Last Wednesday, we made the decision to suspend production on the show to avoid further inflaming a tense situation at an emotional moment for our country,” Disney said in the statement. “It is a decision we made because we felt some of the comments were ill-timed and thus insensitive.”
“We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return the show on Tuesday,” the statement continued.
Kimmel’s suspension set off a wave of criticism from leaders in both parties who were concerned about political censorship.
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