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    Bad Feelings About the Economy Sour Arizona Voters on Biden

    The White House has hailed new investments and new jobs, yet many voters in a battleground state are chafing at inflation and housing costs.If President Biden hopes to replicate his narrow victory in Arizona, he will need disillusioned voters like Alex Jumah. An immigrant from Iraq, Mr. Jumah leans conservative, but he said he voted for Mr. Biden because he could not stomach former President Trump’s anti-Muslim views.That was 2020. Since then, Mr. Jumah, 41, said, his economic fortunes cratered after he contracted Covid, missed two months of work as a trucking dispatcher, was evicted from his home and was forced to move in with his mother. He said he could no longer afford an apartment in Tucson, where rents have risen sharply since the pandemic. He is now planning to vote for Mr. Trump.“At first I was really happy with Biden,” he said. “We got rid of Trump, rid of the racism. And then I regretted it. We need a strong president to keep this country first.”His anger helps explain why Mr. Biden appears to be struggling in Arizona and other closely divided 2024 battleground states, according to a recent poll by The New York Times and Siena College.Surveys and interviews with Arizona voters find that they are sour on the economy, despite solid job growth in the state. The Biden administration also fails to get credit for a parade of new companies coming to Arizona that will produce lithium-ion batteries, electric vehicles and computer chips — investments that the White House hails as emblems of its push for a next generation of American manufacturing.Breanne Laird, 32, a doctoral student at Arizona State University and a Republican, said she sat out the 2020 elections in part because she never thought Arizona would turn blue. But after two years without any pay increases and after losing $170,000 trying to fix and flip a house she bought in suburban Phoenix, she said she was determined to vote next year, for Mr. Trump.She bought the investment property near the peak of the market last year, and said she watched its value slip as mortgage rates rose toward 8 percent. She said she had to max out credit cards, and her credit score fell.Arizona’s housing market fell farther than most parts of the country after the 2008 financial crisis, and it took longer to recover. Few economists are predicting a similar crash now, but even so, Ms. Laird said she felt frustrated, and was itching to return Mr. Trump to power.“I’m even further behind,” she said. “I see the value in voting, and plan to vote as much as possible.”Voters waited in line to cast their ballots at dawn in Guadalupe, Ariz., in 2020.Adriana Zehbrauskas for The New York TimesA majority of Arizona voters in the recent New York Times/Siena survey rated the country’s economy as poor. Just 3 percent of voters said it was excellent.Arizona experienced some of the worst inflation in the country, largely because housing costs shot upward as people thronged to the state during the pandemic. Average monthly rents in Phoenix rose to $1,919 in September from $1,373 in early 2020, a 40 percent increase according to Zillow. Average rents across the country rose about 30 percent over the same period.Home prices and rents have fallen from their peaks this year, but even so, economists say that the state is increasingly unaffordable for middle-class families, whose migration to Arizona has powered decades of growth in the state.Arizona’s economy sprinted out of the pandemic, but economists said the speed of new hiring and consumer spending in the state has now eased. The state unemployment rate of 4 percent is about equal to the national average, and the quarterly Arizona Economic Outlook, published by the University of Arizona, predicts that the state will keep growing next year, though at a slower pace.Arizona has added 280,000 jobs since Mr. Biden took office, according to the federal Labor Department, compared with 150,000 during Mr. Trump’s term. Phoenix just hosted the Super Bowl, usually a high-profile boost to the local mood and economy.Barely a week goes by without Arizona’s first-term Democratic governor, Katie Hobbs, visiting a groundbreaking or job-training event to talk up the state’s economy or the infrastructure money arriving from Washington.Arizona Gov. Katie Hobbs on stage during the 2023 Inauguration Ceremony at the Arizona State Capitol in Phoenix.Rebecca Noble for The New York TimesMr. Biden was even farther behind Mr. Trump in another poll being released this week by the Phoenix-based firm Noble Predictive Insights. That survey of about 1,000 Arizona voters said Mr. Trump had an eight-point lead, a significant swing toward Republicans from this past winter, when Mr. Biden had a two-point edge.Mike Noble, the polling firm’s chief executive, said that Mr. Trump had built his lead in Arizona by consolidating support from Republicans and — for the moment — winning back independents. Respondents cited immigration and inflation as their top concerns.“Economists say, ‘Look at these indicators’ — People don’t care about that,” Mr. Noble said. “They care about their day-to-day lives.”Bill Ruiz, the business representative of Local 1912 of the Southwest Mountain States Carpenters Union, said the Biden administration’s infrastructure bill and CHIPS Act were bringing billions of dollars into Arizona, and helping to power an increase in union jobs and wages. Carpenters in his union were working 7 percent more hours than they were a year ago, and the union’s membership has doubled to 3,400 over the past five years.“We’re making bigger gains and bigger paychecks,” he said. “It blows me away people don’t see that.”Political strategists say Mr. Biden could still win in Arizona next year, if Democrats can reassemble the just-big-enough coalition of moderate Republicans and suburban women, Latinos and younger voters who rejected Mr. Trump by 10,000 votes in 2020. It was the first time in more than two decades that a Democrat had carried Arizona and its 11 electoral votes.The same pattern was seen in last year’s midterm elections, when Arizona voters elected Democrats running on abortion rights and democracy for governor, attorney general and secretary of state, defeating a slate of Trump-endorsed hard-right Republicans.Abortion is still a powerful motivator and a winning issue for Democrats, but many Arizona voters now say their dominant concerns are immigration, inflation and what they feel is a faltering economy.Grant Cooper, 53, who retired from a career in medical sales, is the kind of disaffected Republican voter that Democrats hope to peel away next year. He supports abortion rights and limited government, and while he voted for Mr. Trump in 2020, he said he would not do so again.He said his personal finances and retirement investments were in decent shape, and he did not blame the president for the spike in gas prices in 2022. Still, he said he plans to vote for a third-party candidate next year, saying that both Mr. Biden and Mr. Trump were out-of-touch relics of a two-party system that was failing to address long-term challenges.“They squibble and squabble about the dumbest things, rather than looking at things that could improve our economy,” he said. “The Republicans are fighting the Democrats. The Democrats are fighting the Republicans. And what gets done? Nothing.”David Martinez, 43, is emblematic of the demographic shift that has made Arizona such a battleground. He and his family moved back to Phoenix after 15 years in the San Francisco Bay Area, where he still works remotely in the tech industry. He voted for Mr. Biden in 2020, and said he was worried about the threat Mr. Trump poses to free elections, democracy and America’s future in NATO.His working-class friends and extended family don’t share the same concerns. These days, the political conversations with them usually begin and end with the price of gas (now falling) and eggs (still high).“It falls on deaf ears,” Mr. Martinez said of his arguments about democracy. “They feel down about Biden and inflation and his age. They’re open to giving Trump a second term or skipping the election entirely.”Camille Baker More

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    Trump Asks Judge Chutkan to Air His Federal Election Trial on TV

    The request to Judge Tanya Chutkan was short on legal arguments and long on bluster, and it faces an uphill battle as federal courts generally prohibit cameras.Lawyers for former President Donald J. Trump have told a judge that she should permit his trial on federal charges of plotting to overturn the 2020 election to be televised live from the courtroom.It was the first time that Mr. Trump has formally weighed in on the issue of whether to broadcast any of the four criminal trials he is facing. His motion to Judge Tanya S. Chutkan, who is overseeing the federal election trial in Washington, came after similar requests made by several media organizations and was filed late on Friday.A judge in Georgia who is handling Mr. Trump’s state election subversion case has said that proceeding will be televised. But the request to Judge Chutkan is likely to face an uphill battle given that federal rules of criminal procedure — and the Supreme Court — generally prohibit cameras in federal courtrooms.Mr. Trump’s motion for a televised trial came in a filing adopting his bombastic and combative style.In the motion, his lawyers argued that a televised trial was needed because the office of the special counsel, Jack Smith, had “sought to proceed in secret” with the election case, even though the prosecution has attracted enormous attention from the news media, had several public hearings and had countless rounds of court papers filed on a public docket.The lawyers also used the motion to complain, as they have at almost every opportunity, that Mr. Trump has been treated “unfairly” by the Biden administration even though the election case — and another federal case in which Mr. Trump stands accused of mishandling classified documents — have been overseen by Mr. Smith, an independent prosecutor.It is little surprise that Mr. Trump, a former reality television star, would want to have the trial broadcast live from Federal District Court in Washington.As his testimony this past week in his civil fraud trial in New York has shown, he has opted to pursue a strategy of creating noisy conflict to obscure the legal issues underpinning his cases and to use the proceedings to amplify the message of victimhood and grievance that sits at the heart of his re-election campaign.Mr. Trump’s Friday night filing to Judge Chutkan was a sharp turn from his stance on the issue last week when prosecutors told Judge Chutkan, at his request, in their filing that his lawyers were taking “no position” on televising the trial.In that filing, prosecutors working for Mr. Smith also told Judge Chutkan that televising the trial was “clearly foreclosed” by federal rules.The prosecutors acknowledged that the public and the media had “a constitutional right of access” to the trial. But that, they claimed, was “the right to attend a criminal trial — not the right to broadcast it.”Mr. Trump’s filing ignored these arguments and instead relied on his usual mix of bluster and belligerence.“In sum,” his lawyers wrote, “President Trump absolutely agrees, and in fact demands, that these proceedings should be fully televised so that the American public can see firsthand that this case, just like others, is nothing more than a dreamt-up unconstitutional charade that should never be allowed to happen again.” More

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    ¿Biden ha cumplido con las promesas que hizo en su campaña de 2020?

    Detener la construcción del muro fronterizo, permitir que Medicare negocie el precio de los medicamentos y acabar con la pena de muerte fueron algunos de sus compromisos para llegar a la Casa Blanca.En plena campaña de reelección del presidente Joe Biden, los demócratas han proclamado una serie de logros durante su mandato. En ocasiones, Biden ha recordado que su predecesor, Donald Trump, no cumplió del todo sus promesas.Pero, como todos los políticos, se ha enfrentado a la realidad de que hacer campaña y gobernar son dos cosas muy distintas, sobre todo en un gobierno dividido. Aunque Biden ha cumplido algunas de las promesas que hizo en 2020, no todas se han materializado a tres años de su elección.Por un lado, Biden ratificó el compromiso de Estados Unidos con el Acuerdo de París, un pacto internacional destinado a reducir las emisiones de gases de efecto invernadero; revocó el permiso para el oleoducto Keystone XL, que habría transportado petróleo de Canadá a Nebraska, y aumentó los subsidios federales para las personas que compran planes conforme a la Ley de Atención Médica Accesible. Por otra parte, ha sido incapaz de impulsar en el Congreso estadounidense una legislación sobre el derecho al voto o la prohibición de las armas de asalto y su ambicioso plan de condonar la deuda a los estudiantes fue rechazado por completo por la Corte Suprema.A continuación, una muestra de algunos de los compromisos de la campaña presidencial de Biden de 2020 y en qué punto se encuentran.Algunas de las promesas de Biden en 2020:InmigraciónImpuestosAtención médicaEducaciónCambio climáticoJusticia penalPolítica exteriorInmigraciónLO QUE SE DIJO“No se construirá ni un metro más de muro en mi gobierno”.—En una entrevista de 2020 en NPRAl postularse a la presidencia, Biden hizo del muro fronterizo de Trump una parte central de su campaña. En su primer día en el cargo, anunció que ponía fin a la declaración de emergencia nacional que se había utilizado para destinar recursos a la construcción del muro.Pero en las últimas semanas, el gobierno de Biden ha manejado con ligereza una serie de leyes para permitir la construcción de nuevas barreras en Texas, a lo largo de la frontera suroeste. La medida se produce en el contexto de un aumento en el número de migrantes que cruzan la frontera sin autorización, lo que altera de manera drástica las presiones políticas sobre Biden.Biden ha sostenido la postura de que un muro fronterizo es ineficaz. Pero declaró que el financiamiento se consignó para el muro fronterizo en 2019 y que el Congreso no reasignaría esos fondos —a pesar de los pedidos públicos del gobierno para que lo hiciera— lo cual quiere decir que el financiamiento tenía que usarse para ese propósito. Una ley de 1974 obliga al presidente a gastar el dinero según las instrucciones del Congreso, y los funcionarios de la Casa Blanca han dicho que la única manera de evitarlo era presentar una demanda, algo que el gobierno de Biden decidió no hacer.Antes del anuncio reciente, el gobierno autorizó que se completen algunas brechas pequeñas en el muro.LO QUE SE DIJO“Poner fin a las políticas de asilo perjudiciales de Trump”.—Sitio web de la campaña de 2020.Durante su campaña de 2020, Biden criticó en público la estrategia migratoria del gobierno de Trump y argumentó que había desafiado la tradición estadounidense al tratar de “restringir drásticamente el acceso al asilo en Estados Unidos”. Pero su gobierno también ha intentado limitar el proceso de asilo para disminuir la migración no autorizada.En mayo, el gobierno promulgó una norma que presume que la mayoría de los migrantes que cruzan ilegalmente la frontera desde México entre los puertos de entrada no son elegibles para el asilo. La norma descalifica a la mayoría de los solicitantes si entraron a Estados Unidos sin cita previa en un punto de entrada oficial o no pueden demostrar que buscaron protección legal en otro país por el que cruzaron.Al igual que el gobierno de Trump, Biden ha tratado de limitar el proceso de asilo para desalentar la migración no autorizada.Verónica G. Cárdenas para The New York TimesLa norma tiene sus excepciones: no aplica a los menores no acompañados ni a migrantes que puedan demostrar que su vida estaba en peligro inminente, por ejemplo, pero los críticos dicen que el criterio es similar al de Trump.Respecto a la cuestión de la inmigración en general, los aliados de Biden en el Congreso propusieron un proyecto de ley en 2021 que habría transformado el sistema migratorio, pero en última instancia fracasó. Hasta principios de este año, también se mantuvo en vigor el Título 42, una regla sanitaria de la época de la pandemia que promulgó el gobierno de Trump para expulsar con rapidez a los inmigrantes que cruzaran ilegalmente al país.ImpuestosLO QUE SE DIJO“Les garantizo, palabra de un Biden, que ninguna persona que gane menos de 400.000 dólares pagará un solo centavo de impuestos. Ni un centavo”.—Durante un mitin de campaña en octubre de 2020Biden no les ha aumentado los impuestos a los contribuyentes dentro de ese umbral, como prometió. Pero sí se ha centrado en aumentar los impuestos a las empresas y a quienes ganan más de 400.000 dólares. Por ejemplo, el presupuesto que propuso para el año fiscal 2024, incluye un aumento a la tasa de impuesto para Medicare del 3,8 al 5 por ciento para los ingresos superiores a 400.000 dólares.No obstante, esa “no es la historia completa”, afirmó William McBride, vicepresidente de política fiscal federal de la Tax Foundation, un laboratorio de ideas derechista.McBride señaló que algunos análisis estiman que los aumentos de impuestos a las empresas podrían tener un efecto indirecto en toda la escala de ingresos, ya que la carga suele repercutir, al menos en parte, en los consumidores y los trabajadores, por ejemplo, a través de salarios o valores bursátiles más bajos. Aunque los cálculos difieren, un análisis de la Tax Foundation de 2022 llegó a la conclusión de que, a largo plazo, la Ley de Reducción de la Inflación podría reducir los ingresos después de impuestos en torno a un 0,2 por ciento para la mayoría de los grupos de ingresos, incluidos los que ganan menos de 400.000 dólares.Atención médicaLO QUE SE DIJO“El plan de Biden derogará la legislación existente que le prohíbe de manera explícita a Medicare negociar precios más bajos con las corporaciones farmacéuticas”.—Sitio web de la campaña de 2020Como presidente, Biden sí promulgó una ley que autorizaba al gobierno federal a negociar precios más bajos de algunos medicamentos para los beneficiarios de Medicare, pero sin derogar la ley vigente, sino añadiendo una excepción.Esa medida formaba parte de la Ley de Reducción de la Inflación aprobada en 2022. La Oficina Presupuestaria del Congreso ha calculado que el programa podría ahorrarle al gobierno unos 100.000 millones de dólares en una década. Los fabricantes de medicamentos han presentado múltiples demandas en un intento por detener el programa de fijación de precios de medicamentos.LO QUE SE DIJO“Lo que voy a hacer es aprobar Obamacare con una opción pública, para convertirla en Bidencare”.—Durante un debate de octubre de 2020Desde que asumió el cargo, Biden no ha tomado medidas formales para hacer realidad esta propuesta. De hecho, desde entonces, ha mencionado muy pocas veces su promesa de una opción pública, lo cual le daría a los estadounidenses la posibilidad de inscribirse a un plan de salud administrado por el gobierno.“Es justo decir que el presidente Biden no ha impulsado con fuerza la idea de una opción pública desde que llegó al cargo”, comentó Larry Levitt, vicepresidente ejecutivo de política sanitaria de KFF, un grupo sin fines de lucro centrado en política sanitaria.La primera propuesta presupuestaria de Biden, para el año fiscal 2022, abordaba su deseo de una opción pública, aunque con pocos detalles. Conseguir que el Congreso apruebe una opción pública sería, como sucede con algunas otras propuestas de campaña, un gran desafío.EducaciónLO QUE SE DIJO“Invertir en nuestras escuelas para eliminar la brecha de financiamiento entre distritos blancos y no blancos, y distritos ricos y pobres”.—Sitio web de la campaña de 2020Para lograr este objetivo, Biden propuso triplicar la financiación del Título I, que proporciona ayuda a las escuelas locales para beneficiar a los estudiantes de bajos ingresos. Durante la presidencia de Biden, el financiamiento de las subvenciones del Título I ha aumentado, pero de manera más modesta: en torno a un 11 por ciento, aunque sus defensores afirman que el impulso se ha visto atenuado por la inflación y el aumento de las inscripciones. Las propuestas del gobierno de aumentos mucho mayores han fracasado en el Congreso.Dado el tamaño del programa Título I —18.400 millones de dólares en el año fiscal 2023— triplicar el financiamiento en tres años mediante el proceso de asignaciones “no es realista”, dijo Sarah Abernathy, directora ejecutiva de Committee for Education Funding.Mientras que la Casa Blanca ha propuesto un aumento adicional en la financiación del Título I, un plan de los republicanos de la Cámara de Representantes ha pedido recortes severos.Biden propuso triplicar la financiación del Título I, que proporciona ayuda a las escuelas locales para beneficiar a los estudiantes de bajos ingresos.Logan R. Cyrus para The New York TimesEn su promesa de subsanar las diferencias entre los distritos, la campaña de Biden para 2020 citó a un grupo educativo ya desaparecido, que había evaluado las discrepancias en ese momento. Los expertos no conocían ningún análisis actual que ofreciera una comparación directa.Pero la financiación del Título I por sí sola no puede resolver estas carencias, porque los distritos escolares se financian mayoritariamente a nivel estatal y local, según Noelle Ellerson Ng, directora ejecutiva adjunta de defensa y gobernanza de AASA, la Asociación de Superintendentes de Distritos Escolares.LO QUE SE DIJO“Como presidente, Biden tratará de avanzar en este tema con la promulgación de leyes que garanticen que todas las personas trabajadoras, incluidos los que asisten a la escuela medio tiempo y los ‘dreamers’ (los adultos jóvenes que llegaron a Estados Unidos en la infancia), puedan ir a la universidad comunitaria durante un máximo de dos años de manera gratuita”.“Hacer que los colegios y las universidades públicas sean gratuitas para todas las familias cuyos ingresos son inferiores a 125.000 dólares anuales”, sitio web de la campaña de 2020El gobierno de Biden no ha conseguido hacer realidad estas promesas, aunque sí ha propuesto dedicarles fondos.Por ejemplo, en su plan de presupuesto para el año fiscal 2024, el gobierno solicitó 90.000 millones de dólares a lo largo de 10 años para que los dos primeros años de la universidad comunitaria fueran gratuitos.Además, el gobierno pidió dos años de “matrícula subsidiada” para los estudiantes de familias con ingresos inferiores a 125.000 dólares y, en específico, para los estudiantes que asisten a universidades históricamente negras u otras universidades que reciben a estudiantes de minorías.Cambio climáticoLO QUE SE DIJO“Ya no se perforarán las tierras federales, punto”.—Durante febrero de 2020 en un evento municipalContrario al compromiso de Biden en campaña, su gobierno aprobó formalmente en marzo un proyecto de perforación petrolera en Alaska conocido como Willow. El gobierno hizo hincapié en que limitó el proyecto, ya que rechazó dos de los cinco lugares de perforación propuestos e hizo que la empresa que lo promovía devolviera al gobierno unas 27.518 hectáreas de arrendamientos existentes.Desde entonces, Biden anunció una prohibición a la perforación de más de 5 millones de hectáreas de zonas naturales en la Reserva Nacional de Petróleo de Alaska y canceló los arrendamientos de perforación en el Refugio Nacional de Vida Silvestre del Ártico.En cuanto a otras medidas relacionadas con el cambio climático, la Ley de Reducción de la Inflación supuso una gran inversión en energías limpias, incluso mediante lucrativos incentivos fiscales que, según algunos datos, contribuyeron a estimular la inversión privada. Y el gobierno propuso normativas para limitar la contaminación de gases de efecto invernadero de las centrales eléctricas existentes.LO QUE SE DIJO“Como presidente, Biden trabajará con los gobernadores y alcaldes del país para apoyar el despliegue de más de 500.000 nuevos puntos de recarga públicos para finales de 2030”.—Sitio web de la campaña de 2020Con determinación, Biden ha presionado para ayudar a acelerar el cambio del país al uso de vehículos eléctricos, incluso mediante la propuesta de normas ambientales. También firmó leyes para invertir en estaciones de carga. Las leyes bipartidistas de infraestructura del 2021 incluyeron 7500 millones de dólares para construir esas estaciones.La Casa Blanca ha declarado que Estados Unidos está en vías de alcanzar 500.000 cargadores para 2030, aunque no especificó si esa estimación se refiere al total de cargadores públicos o a nuevos cargadores públicos, como decía el objetivo de la campaña.Con determinación, Biden ha presionado para ayudar a acelerar el cambio del país a los vehículos eléctricos.Gabby Jones para The New York TimesAlgunos expertos afirmaron que incluso alcanzar la meta de 500.000 estaciones de carga públicas será un desafío, aunque no imposible. “Es técnicamente factible alcanzar el objetivo, pero no será fácil”, comentó Kenneth Gillingham, profesor de Economía Medioambiental y Energética de la Universidad de Yale.Sin embargo, según algunas estimaciones, alcanzar los 500.000 cargadores públicos en 2030 no es suficiente. Un informe reciente de Alliance for Automotive Innovation, un grupo comercial, afirma que hoy se necesitan más de 530.000 cargadores, antes de que se produzca el aumento previsto en la adopción de vehículos eléctricos.Justicia penalLO QUE SE DIJO“Como no podemos tener la certeza que decidamos correctamente siempre en estos casos, debemos eliminar la pena de muerte”.—En X, plataforma antes conocida como Twitter, en julio de 2019Biden no ha eliminado la pena de muerte, para lo cual sería necesaria una ley. Su gobierno ha tomado algunas medidas para reducir el uso de la pena capital, pero algunos que se oponen a ella han dicho que Biden no ha actuado con suficiente agresividad.En 2021, el procurador general Merrick Garland impuso una moratoria a las ejecuciones federales después de que el gobierno de Trump reanudó la práctica tras un lapso de casi dos décadas sin ejecuciones. Durante la gestión de Garland, el Departamento de Justicia no ha solicitado la pena de muerte en nuevos casos.Dicho esto, los fiscales federales también se negaron a cambiar de rumbo en un caso iniciado en el gobierno de Trump que buscaba la pena de muerte para un hombre que mató a ocho personas en un ataque con camión en Manhattan en 2017. El sospechoso, Sayfullo Saipov, fue finalmente sentenciado este año a cadena perpetua después de que un jurado no se pusiera de acuerdo sobre si imponer la pena de muerte.El departamento también ha trabajado para mantener las penas de muerte existentes, como la impuesta a Dzhokhar Tsarnaev, condenado a muerte por su participación en los atentados del maratón de Boston de 2013.LO QUE SE DIJO“Usar el poder de clemencia del presidente para asegurar la liberación de individuos que enfrentan sentencias indebidamente largas por ciertos delitos no violentos y de drogas”, sitio web de la campaña de 2020Biden ha cumplido este compromiso, utilizando por primera vez el poder de clemencia en 2022, ya que conmutó las penas de 75 infractores por delitos de drogas y concedió tres indultos. Meses después, indultó a miles de personas condenadas por posesión de marihuana, según la ley federal.Política exteriorLO QUE SE DIJO“Regresaré a los soldados de combate en Afganistán a casa durante mi primer mandato”.—En respuesta a un cuestionario de 2020 de The New York TimesBiden cumplió este compromiso, ya que retiró a Estados Unidos de Afganistán en agosto de 2021 y dio por concluida la guerra más larga de la historia estadounidense, aunque el final fue caótico y mortal. La retirada ya se estaba gestando desde el gobierno de Trump.LO QUE SE DIJO“Si Teherán regresa al cumplimiento del acuerdo, el presidente Biden volverá a ratificar el acuerdo y utilizará una diplomacia dura y el apoyo de nuestros aliados para fortalecerlo y ampliarlo, al tiempo que presionaría con mayor eficacia contra las otras actividades desestabilizadoras de Irán”, sitio web de la campaña de 2020Biden se refería al acuerdo nuclear iraní de 2015, un acuerdo destinado a limitar el programa nuclear de Irán a cambio de la reducción de las sanciones. El gobierno de Trump se retiró del acuerdo en 2018. A pesar de más de un año de negociaciones tras la elección de Biden, Estados Unidos e Irán no lograron reincorporarse al acuerdo.Hace poco, el gobierno de Biden anunció nuevas sanciones contra Irán. La decisión se produjo al expirar una medida de las Naciones Unidas asociada al acuerdo nuclear, y también tras el ataque sorpresa del 7 de octubre contra Israel por parte de Hamás, que recibe apoyo de Irán. More

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    The Betting on the Presidential Election Has Begun

    While two leading prediction markets are fighting regulatory restrictions in court, wagers on politics and economics are still being made.Financial journalists love Wall Street aphorisms. I use them whenever I can.“Don’t fight the Fed” has been handy this year. “The stock market climbs a wall of worry” is useful whenever investors are fretting.Here’s one I’ve never been able to drop into an article — not yet, anyway: “It is an old axiom in the financial district that Wall Street betting odds are ‘never wrong.’”But nearly a century ago, on Sept. 28, 1924, one of my anonymous predecessors at The New York Times (bylines were uncommon then) used it. That hallowed saying could be repurposed today, except for a formidable problem. It refers to the betting on elections that took place on Wall Street, which was commonplace back then — and covered extensively in The Times and other major newspapers, as an important source of information about national, state and local political contests.Today, except for indirect and elaborate financial hedges on the policy implications of election outcomes, outright betting on elections is no longer a core part of American finance.Legal battles are underway to change that, however. And in the meantime, three prediction markets — PredictIt, Kalshi and the Iowa Electronic Markets — continue to operate and generate compelling insights. With any of them, it’s possible to make bets on who will win the 2024 presidential election and on a host of other consequential matters.Markets Versus PollsI’ve used prediction markets for years, especially during election season, much as my predecessors presumably used the Wall Street election betting markets — not to place bets but to obtain information.I don’t depend on these markets, and don’t buy the notion that they are superior to other means of obtaining information — or that they have the ability to reliably predict the future or change the world.Even so, they are illuminating. Some studies have found prediction markets to compare favorably with polls, especially when you are weeks or months away from voting. And when an issue or an election is important, one can never have enough data.Right now, for instance.The latest New York Times/Siena College poll shows that for the 2024 election, President Biden is trailing former President Donald J. Trump in five of six swing states. Both PredictIt and the Iowa market indicate, however, that most people placing wagers on those sites believe that in the end Mr. Biden will win.Which Question?John Aristotle Phillips, who runs the PredictIt market on behalf of Victoria University of Wellington, a New Zealand institution, said in an interview that there were frequently major differences between the findings of the polls and the prediction markets. That’s entirely normal, he said. “Polls and prediction markets ask different questions.”A poll asks who, right now, you would prefer as a candidate. But a functioning market that demands real money for a trade asks something else, he said, “not who you want to win but who you think will win.”As a sports fan, I understand the difference.If you asked me which baseball team I wanted to win, I’d always pick the Mets. But over many decades, they have usually disappointed me. So if I had to put money down, I’d never bet on them.What do I really think? It depends on which question you ask.The State of PlayKalshi, PredictIt and the Iowa market operate legally but function under specific limitations.One general problem is that “no states allow betting on political events and, if it was allowed, it would be on a state-by-state basis,” said Cait DeBaun, vice president of the American Gaming Association, which represents the gambling industry. You can’t avoid enticements for betting on sports if you watch a game on television in most major markets, but you won’t see ads for bets on politics. They aren’t permitted.But both PredictIt and the Iowa market offer overtly political wagers under academic exemptions granted by the Commodity Futures Trading Commission.The Iowa market, which started in 1988, is the most purely academic of the three. It is devoted entirely to research and teaching, but is open to anyone who wants to place a wager.PredictIt is operating under an academic exemption, too, but it has had to fight to retain it. The C.F.T.C. withdrew its permission in August 2022, and ordered the site to shut down, saying it had strayed from its academic mission. But PredictIt won a court injunction allowing it to continue operating, and it is suing the C.F.T.C., seeking permanent authority to run its market.It has 19 contracts running now, but Mr. Phillips said he expected to offer “hundreds” soon. “We aren’t going anywhere,” he said. “We’re going to keep operating.”Kalshi, the biggest of the three sites, is the most constrained at the moment in betting on politics. As a commercial derivatives market, it can accept trades amounting to scores of millions of dollars.It already runs prediction markets on inflation, unemployment, oil prices, Federal Reserve policy, government shutdowns, the temperature in Austin, who will win an Oscar and President Biden’s approval rating. The consensus forecasts are often on the mark and extremely useful.But what Kalshi has been unable to do is run a market predicting which political party will control Congress. The Commodity Futures Trading Commission has turned it down, saying that would violate prohibitions on election contracts implied by the Dodd-Frank Act of 2010. So Kalshi sued the C.F.T.C. this month.In an interview, Tarek Mansour, a founder of Kalshi, said that he would ultimately like to start markets on presidential elections and on a range of other contests. “Betting on elections is as old as the United States,” he said, adding that if that betting isn’t done through a careful marketplace like his, it will happen elsewhere anyway.Already, he pointed out, sophisticated and well-financed investors can hedge against the risks of election outcomes through bespoke derivative contracts arranged by investment banks. “Why limit these trades to the very rich?” he asked. “We want to make this kind of hedging available to the average investor.”I said that I would call these “trades” bets.He said, “I wouldn’t disagree.”Betting on U.S. elections takes place abroad. Betfair in Britain runs a robust market. And unregulated offshore betting is conducted on Polymarket, which uses cryptocurrency and was fined $1.4 million by the C.F.T.C. for running afoul of its rules. Then there’s FTX, the failed cryptocurrency exchange that was headed by Sam Bankman-Fried, who was convicted this month on seven counts of fraud and conspiracy. It ran an unregulated, offshore prediction market in the 2020 election cycle.“Driving these markets offshore doesn’t make sense to me,” Mr. Mansour said.I’ll leave these legal matters to the courts and the regulatory agencies to decide.But like my journalistic predecessors, I welcome the data trove that betting on elections provides. I’m hoping the entrepreneurs who run prediction markets will keep the information flowing, so we can really test the truth of the old saying, “Wall Street betting odds are never wrong.” More

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    Swing State Voters Are Souring on Biden

    Mooj Zadie and Marc Georges and Marion Lozano and Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicIn a major new campaign poll from The New York Times and Siena College, former President Donald J. Trump leads President Biden in five of the six battleground states likeliest to decide the 2024 presidential race. Widespread discontent with the state of the country and growing doubts about Biden’s ability to perform his job as president threaten to unravel the diverse coalition that elected him in 2020.Nate Cohn, The Times’s chief political analyst, explains why the results are less a reflection of Trump’s growing strength than they are of Biden’s growing weaknesses.On today’s episodeNate Cohn, The New York Times’s chief political analyst.In contrast with four years ago, the poll finds a disengaged, disaffected and dissatisfied electorate, setting the stage for a potentially volatile campaign.Taylor Glascock for The New York TimesBackground readingIn the Times/Siena poll, voters in battleground states said they trusted Mr. Trump over Mr. Biden on the economy, foreign policy and immigration.Here are detailed tables from the poll.Less engaged voters are Biden’s biggest problem.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.Nate Cohn More

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    Why Biden Is Behind, and How He Could Come Back

    A polling deficit against Trump across six key states is mainly about younger, nonwhite and less engaged voters. Kamala Harris performs slightly better.Four years ago, Joe Biden was the electability candidate — the broadly appealing, moderate Democrat from Scranton who promised to win the white working-class voters who elected Donald J. Trump.There are few signs of that electoral strength today. More

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    Man Who Stormed Capitol as Princeton Student Gets 2-Month Prison Term

    Larry Giberson was a sophomore studying political science when he joined the riot in Washington on Jan. 6, 2021.A 22-year-old New Jersey man was sentenced to two months in prison on Wednesday for taking part, as a Princeton University student, in the storming of the U.S. Capitol on Jan. 6, 2021, by a mob loyal to former President Donald J. Trump.The man, Larry F. Giberson Jr., pleaded guilty in July to civil disorder, a felony, after federal prosecutors charged him with that crime and several misdemeanors, according to court records. At the riot, according to a federal agent’s affidavit, Mr. Giberson cheered on others as they used weapons and pepper spray to attack the police officers guarding a tunnel and tried, unsuccessfully, to start a chant of “Drag them out!” among other actions.The misdemeanors were dismissed as part of Mr. Giberson’s plea agreement, court records show. He was also sentenced to six months of supervised release under home detention.Larry Gibersonvia FBIBefore being sentenced, Mr. Giberson, of Manahawkin, N.J., expressed remorse in court for what he called his “careless and thoughtless actions,” The Associated Press reported.“I don’t believe my defining moment was there on the Lower West Terrace,” he said, referring to the section of the Capitol he had entered, according to The A.P. “Instead, I believe my defining moment is now, standing before you.”He was sentenced by Judge Carl J. Nichols of U.S. District Court in Washington, D.C., who was appointed to the federal bench by Mr. Trump. Judge Nichols called Mr. Giberson’s actions “reprehensible” and said the two-month sentence was “something of a break,” The A.P. reported.“I do believe that his expressions of remorse, generally and then again today, are candid and truthful,” the judge said. “That’s important to me.”The maximum sentence for civil disorder is five years. Prosecutors had argued in court filings for a prison term of 11 months to be followed by three years of supervised release. The office declined to comment on Mr. Giberson’s sentence.Charles Burnham, Mr. Giberson’s lawyer, had sought a sentence that did not include prison time or supervised release. Mr. Burnham did not immediately respond to a request for comment.Mr. Giberson graduated from Princeton in May, Mr. Burnham wrote in a court filing. The Daily Princetonian, a student newspaper, reported in July that Mr. Giberson had earned a bachelor’s degree in politics and certificates in values and public life and French.It is unclear whether Princeton took any action against Mr. Giberson as a result of his arrest. A university spokesman did not respond to an email inquiry on Wednesday.Mr. Giberson is one of more than 1,100 people who have been charged with crimes stemming from the Capitol riot amid an investigation that is continuing, according to the Justice Department. More than 400 have been charged with assaulting or impeding law enforcement authorities.He was among a group of rioters who pushed against a phalanx of officers defending the Capitol at a tunnel entrance on the Lower West Terrace, according to an affidavit filed by a federal agent. With Mr. Giberson at the front of the crowd, one officer was briefly crushed between the rioters and the tunnel doors, the affidavit says.Mr. Giberson had traveled to Washington with his mother for the “Stop the Steal” rally that day after seeing Mr. Trump’s social media post urging his supporters to descend on the city to protest Congress’s imminent certification of President Biden as the winner of the 2020 election, court records show.Mr. Burnham, Mr. Giberson’s lawyer, wrote in a court filing that his client had not been motivated to come to Washington because of “membership in radical groups” or a belief in “online conspiracy theories.”Rather, Mr. Burnham wrote, Mr. Giberson had “studied the issues surrounding the 2020 election and concluded that state actors had interfered with the electoral process in unconstitutional ways.”Mr. Giberson and his mother became separated after making their way to the Capitol from the rally, court records show. After entering the tunnel and joining the push against the officers, he waved other rioters in and joined a second round of shoving against the officers, the federal agent’s affidavit says.Mr. Giberson could be seen in publicly available video footage wearing a blue “Make America Great Again” cap on his head and a Trump flag around his neck and climbing toward the tunnel entrance, the affidavit says.Federal investigators matched a photo of Mr. Giberson from the day of the riot with images posted on social media and the Princeton website, as well as with photos from his high school, the affidavit says. He was arrested in March.There is no record of his mother’s having been charged in connection with the Capitol riot. More