More stories

  • in

    Former Aides to Bush, Romney and McCain Back Harris Over Trump

    More than 200 people who previously worked for President George W. Bush and Senators Mitt Romney and John McCain have signed a letter endorsing Vice President Kamala Harris.Many of the more prominent signatories, including a chief of staff, a legislative director and a deputy campaign manager for Mr. McCain, had signed a letter supporting President Biden in the 2020 election. Others work for organizations like The Bulwark and the Lincoln Project that oppose former President Donald J. Trump’s leadership of the Republican Party.But the former Republican officials’ renewed support of the Democratic ticket reflects how Mr. Trump has transformed the Republican Party under his leadership, as well as deep and persistent opposition to his candidacy from those who served Republican presidential candidates.Mr. Romney, Mr. Bush and other high-profile Republicans skipped the Republican nominating convention last month, while the Harris campaign made significant efforts to highlight the support of anti-Trump Republicans — as well as former members of Mr. Trump’s staff who no longer support him — with speaking slots at the Democratic convention last week.“We have plenty of honest, ideological disagreements with Vice President Harris and Gov. Walz,” the letter said. “That’s to be expected. The alternative, however, is simply untenable.”The signatories include Mark Salter, a former chief of staff for Mr. McCain; Joe Donoghue, the senator’s former legislative director; Reed Galen, his deputy campaign manager and a co-founder of the Lincoln Project; Mike Murphy, a former McCain campaign strategist; Jean Becker, a chief of staff for George H.W. Bush; and Jim Swift, a senior editor of The Bulwark. More

  • in

    Democrats Look to End the Electability Question

    The party is battling a squishy, often self-reinforcing concept about the perceived ability to win.This year, Angela Alsobrooks, the county executive of Prince George’s County, Md., and a Democrat, sought support for her U.S. Senate bid from an elected official she had known for years.“She said to me, ‘I’m so sorry. I want to be really blunt with you, Angela,’” Alsobrooks, who is Black, said, recalling that the official, a fellow Democrat whom she did not name, said she thought Alsobrooks could not win. “We are not ready to elect a Black woman in the state of Maryland,” Alsobrooks recounted the official as saying.It turned out that Maryland Democrats were ready to do just that.Alsobrooks beat a white man in her Senate primary by more than 10 percentage points. Public polling has shown her leading another, former Gov. Larry Hogan, a Republican, whom she will face in November.But the exchange, which Alsobrooks described in an interview last week during the Democratic National Convention, underscores the way a party that is trying to elect the first Black female president is still battling anxieties about the idea of electability — and preparing to confront them.Electability — a squishy and often self-reinforcing concept about who is perceived as being able to win elections — was a through line of the Democratic primary in 2020, when voters stung by the 2016 election wrung their hands over whether preferred presidential candidates who were female, nonwhite or both could garner enough support in key battleground states. The party ultimately coalesced around Joe Biden.Democrats did not have a chance to air those concerns in a drawn-out primary in 2024, and many suggested last week that identity-based questions about electability should remain firmly in the past. They view the issue of electability as providing cover for racist and sexist notions about white voters being apprehensive about backing Black candidates and male voters being reluctant to vote for female candidates.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Inflation Is Fading, Statistically and Politically

    Last week was full of speeches. Most of those that attracted national attention were at the Democratic National Convention, culminating in Vice President Kamala Harris’s big moment on Thursday. But there was another important speech on Friday: Federal Reserve Chair Jerome Powell’s talk at the Fed’s annual shindig in Jackson Hole, Wyo.Yes, Powell’s remarks were of particular interest to investors looking for clues about future monetary policy. But even though his speech was rigorously apolitical, it had important political implications. For what we’re seeing, I’d argue, is inflation fading away — not just in the data, but also as a political issue. And that, of course, is very good news for Democrats.About Powell’s speech: He noted that the inflation rate has declined a lot since it peaked in 2022 and expressed confidence that it’s on track to reach the Fed’s target of 2 percent — and why it’s getting there without the mass unemployment some economists had claimed would be necessary. Falling inflation all but guarantees that the Fed will cut interest rates at its Open Market committee meeting next month, although the size of the anticipated cut is uncertain.What has brought inflation down? Like many economists, myself included, Powell believes that inflation was largely caused by “pandemic-related distortions” and that “the unwinding of these factors took much longer than expected but ultimately played a large role in the subsequent disinflation.”Although Powell didn’t and couldn’t say so explicitly, this analysis implicitly exonerates the Biden administration. Many people, like Elon Musk — who, after demonstrating his political acumen last year by boosting Robert Kennedy Jr., has lately decided that he’s an expert on macroeconomics — attribute inflation to Biden-era government spending. Powell’s discussion suggests, however, that fiscal policy played at most a distinctly secondary role.But few voters follow Fed speeches; won’t they continue to blame Democrats for inflation?Not necessarily. Surveys suggest that the political salience of inflation and the economy in general have been fading. It’s probably too late to convince voters that Democrats have done a good job managing the economy, even though that’s objectively the case — overall, America has outperformed other wealthy nations, achieving exceptionally high growth without exceptionally high inflation. But the economy is looking less and less like the, um, trump card Republicans were counting on.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Harris and Trump Squabble Over Debate Rules as ABC Matchup Looms

    At the weigh-in before a big bout, prizefighters often taunt their opponents in an effort to try to psych them out.So it goes with the presidential pugilists set to meet next month in the city of Rocky Balboa.The Harris and Trump campaigns squabbled on Monday over the ground rules of their coming ABC News debate in Philadelphia, with each side trying to score political points off the other.The tussle began on Sunday when former President Donald J. Trump blasted ABC in a social media post, suggesting that the network’s anchors and executives were biased against him and threatening, not for the first time, to pull out of the event. “I ask, why would I do the Debate against Kamala Harris on that network?” Mr. Trump wrote.Then, on Monday, Ms. Harris’s campaign went public with an effort to change one of the agreed-upon conditions for the debate: that each candidate’s microphone be muted when it isn’t their turn to speak.“We have told ABC and other networks seeking to host a possible October debate that we believe both candidates’ mics should be live throughout the full broadcast,” Brian Fallon, a spokesman for the Harris campaign, told Politico.He added a dig for good measure: “Our understanding is that Trump’s handlers prefer the muted microphone because they don’t think their candidate can act presidential for 90 minutes on his own.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Trump vs. Harris on the Economy

    Diana NguyenNina FeldmanSydney Harper and Marion LozanoDiane Wong and Listen and follow ‘The Daily’Apple Podcasts | Spotify | Amazon Music | YouTube | iHeartRadioAs the 2024 presidential race enters the homestretch, former President Donald J. Trump and Vice President Kamala Harris are putting economic policy at the center of their pitches to voters.Jim Tankersley, who covers economic policy for The New York Times, evaluates both of their plans.On today’s episodeJim Tankersley, an economic policy reporter for The New York Times.Vice President Kamala Harris and former President Donald J. Trump have outlined contrasting economic approaches.Haiyun Jiang for The New York Times, Ruth Fremson, via The New York TimesBackground readingAnalysis: Both candidates embrace expansions of government power to steer economic outcomes — but in vastly different areas.Analysis: Harris’s price-gouging ban plan does not appear to amount to government price controls. It also might not bring down grocery bills anytime soon.There are a lot of ways to listen to The Daily. Here’s how.We aim to make transcripts available the next workday after an episode’s publication. You can find them at the top of the page.The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, M.J. Davis Lin, Dan Powell, Sydney Harper, Michael Benoist, Liz O. Baylen, Asthaa Chaturvedi, Rachelle Bonja, Diana Nguyen, Marion Lozano, Corey Schreppel, Rob Szypko, Elisheba Ittoop, Mooj Zadie, Patricia Willens, Rowan Niemisto, Jody Becker, Rikki Novetsky, Nina Feldman, Will Reid, Carlos Prieto, Ben Calhoun, Susan Lee, Lexie Diao, Mary Wilson, Alex Stern, Sophia Lanman, Shannon Lin, Diane Wong, Devon Taylor, Alyssa Moxley, Olivia Natt, Daniel Ramirez and Brendan Klinkenberg.Our theme music is by Jim Brunberg and Ben Landsverk of Wonderly. Special thanks to Sam Dolnick, Paula Szuchman, Lisa Tobin, Larissa Anderson, Julia Simon, Sofia Milan, Mahima Chablani, Elizabeth Davis-Moorer, Jeffrey Miranda, Maddy Masiello, Isabella Anderson, Nina Lassam and Nick Pitman. More

  • in

    Harris Campaign Says It Raised $82 Million During Convention Week

    Vice President Kamala Harris’s presidential campaign said on Sunday that it raised $82 million during the Democratic National Convention last week, the latest spurt of donor enthusiasm around a presidential bid that, according to the campaign, has now raised $540 million in the last month.National party conventions are typically big-money moments for presidential candidates, offering nominees four days of lightly mediated exposure to a broad, if partisan audience. Ms. Harris has been on a historic fund-raising tear ever since President Biden announced on July 21 that he would no longer seek the Democratic nomination. The party convention, which took place from Monday to Thursday in Chicago, was full of messaging encouraging big and small donors alike to give to Ms. Harris’s campaign.After the vice president’s speech accepting the Democratic nomination on Thursday night, the Harris campaign saw its “best fund-raising hour since launch day,” the campaign’s chair, Jen O’Malley Dillon, wrote in a memo on Sunday, although she did not provide a specific amount. The $82 million total includes contributions to allied fund-raising committees with the state and national parties.The memo did not give day-by-day totals, but ActBlue, which processes online donations for many progressive causes, including Ms. Harris’s bid, reported that its platform raised $13 million on Monday, $16.5 million on Tuesday, $23 million on Wednesday and almost $37 million on Thursday.Ms. Harris’s Republican opponent, former President Donald J. Trump, did not release similar fund-raising numbers after his party’s convention in Milwaukee last month. While he was competitive with Mr. Biden in political fund-raising through 2024, Ms. Harris opened a $50 million cash-on-hand advantage at the beginning of August, after she had ascended to the top of the Democratic ticket.The $82 million raised during the four days of the Democratic convention is roughly on par with the $81 million the Harris campaign said it raised in the first 24 hours after Mr. Biden’s decision to drop out. More

  • in

    Kamala Harris and a New Economic Vision

    Kamala Harris is beginning to offer the first definitive clues of a new economic vision — one with the potential not only to offer a unifying vision for the Democratic Party but also to serve as the foundation for a governing philosophy that crosses party lines.In recent years, both parties have broken with a markets-know-best default setting. The question is, what comes next?One influential school of thought, advanced by Ezra Klein and Derek Thompson, argues for increasing the supply of essentials such as housing, health care and clean energy, in part by using government to break the choke points that make these goods too scarce and costly in the first place. This has truth — the much-criticized million-dollar-toilet problem gets at something real.But it doesn’t fully reflect the realities of how powerful interests hold captive parts of our economy, and then our political system. A second intellectual camp focuses on these forces, and its avatars include Lina Khan, the chair of the Federal Trade Commission and the modern antitrust movement, and the U.A.W. leader Shawn Fain and re-energized labor unions. Yet it, too, is incomplete as a governing wisdom, as it lacks affirmative answers for our largest challenges, like how to decarbonize quickly and at scale, and how to contend with a rising geopolitical competitor in China.Ms. Harris’s early proposals suggest she is drawing from both strands in telling a more holistic and entirely new story about how the economy works and the aims it should serve. Put differently, her slogan “We’re not going back” might well extend beyond political and social rights to include a different brand of economics.This new story has two themes — call them “build” and “balance.” The first focuses on pointing and shaping markets toward worthy aims; the second corrects upstream power imbalances so that market outcomes are fairer and need less after-the-fact redistribution.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    ‘Run, Kamala, Run’: Mention of Harris’s Father Was a Rare Homage to a Fleeting Figure

    In her convention speech, Kamala Harris told of being inspired by her father, a prominent economist who was otherwise largely a footnote in her personal story.“Run, Kamala, run.”When Dr. Donald J. Harris uttered those words to his young daughter more than 50 years ago, he was encouraging her to whip freely through the parks of Oakland, Calif., not seek the highest elected office in the country. But in her address accepting the nomination as the Democratic presidential nominee, Vice President Kamala Harris said it was these words that helped inspire her.“From my earliest years, he taught me to be fearless,” Ms. Harris said.It was a rare homage to her father, a prominent economist but fleeting figure in her life who has largely been a footnote in her personal and political story. The first Black scholar to receive tenure in Stanford University’s economics department, Dr. Harris remains a professor emeritus there, and turned 86 the day after his daughter gave the most important speech of her life at the Democratic National Convention. He was not among the family members who accompanied Ms. Harris to the convention.Donald Harris held his daughter Kamala in 1965.Kamala Harris campaign, via Associated PressHer relationship with her father is a closely guarded part of Ms. Harris’s life about which she has spoken only sparingly. Her 2019 memoir, “The Truths We Hold,” referenced him only a handful of times. But in presenting herself as a nominee who understands the American dream through the complex lenses of personal, familial and social struggles, Ms. Harris tapped into the totality of the experiences that forged her.That included when her parents divorced — or, as she would write in her memoir, “they stopped being kind to each other”— when she was in elementary school.“My father remained a part of our lives,” Ms. Harris wrote. “We would see him on weekends and spend summers with him in Palo Alto. But it was my mother who took charge of our upbringing. She was the one most responsible for shaping us into the women we would become.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More