United States Economy
Subterms
More stories
150 Shares179 Views
in ElectionsWhen It Comes to Eating Away at Democracy, Trump Is a Winner
Donald Trump’s drive to undermine American democracy has proved strikingly successful.Take the most recent analysis by Varieties of Democracy, better known as V-Dem, an international organization founded in 2014 to track trends in democratization:While the United States remains a liberal democracy, V-Dem data shows that it is only a fraction away from losing this status after substantial autocratization. The U.S. Liberal Democratic Index score dropped from 0.85 in 2015 to 0.72 in 2020, driven by weakening constraints on the executive under the Trump administration.Of 179 countries surveyed, V-Dem found that the United States was one of 33 to have moved substantially toward “autocratization.” From 2016, when Trump won the presidency, to 2021, when he involuntarily left office, the United States fell from 17th to 29th in the global V-Dem democracy rankings:Liberal democracy remains significantly lower than before Trump came to power. Government misinformation declined last year but did not return to previous levels. Toxic levels of polarization continue to increase. Democracy survives in the United States, but it remains under threat. Of all the forces undermining democratic traditions in elections and policymaking — Donald Trump’s big lie, the politicization of ballot counting by Republican state legislatures, the attempt to disenfranchise segments of the population — one that has devastating potential is operating under the radar: the growing cynicism of younger voters.Daron Acemoglu, a professor of economics at M.I.T., contends that the decline in popular support for democracy is greater in the United States than elsewhere, especially among the young:“In our data younger people are less supportive of democracy,” Acemoglu wrote in an email. “In the U.S., this age gradient is particularly visible. Moreover, in the U.S., you see a large, across-the-board decline in support for democracy between 2011 and 2017. Is that the financial crisis? The beginning of Trumpism? Not sure.”In other respects, the adverse trends in the United States, Acemoglu points out, “are not unique to Trump. Look at it from an international perspective, Trumpism is no exception. You see similar dynamics in Brazil, Turkey, the Philippines, Hungary, Russia and somewhat less successfully in the U.K., France, Chile and Colombia. Trump is a particularly mendacious and noxious version, but he is not unique.”The United States does stand out, however, among developed countries with established democracies. Acemoglu added that “Other developed economies show some weakness, but the U.S., is distinctive in the degree to which its democracy has become weaker.”Why the United States?In his email Acemoglu suggested thatBoth center-right and center-left politicians promised huge gains from globalization and technology for everybody and aspirations rose. And many groups were disappointed and frustrated with either slow or sometimes no economic progress. In many cases, they also felt completely unheard and ignored by technocratic-sounding politicians using globalist language and proclaiming values that did not jibe so well with their preoccupations. All of these have been lived much more strongly in the U.S., where workers without a college degree have seen their real earnings fall significantly and their communities depressed. They have also come to believe that center-left and center-right governing parties were pushing different values than theirs and not listening to their concerns. The financial crisis much amplified these worries and of course the economic tensions.The widespread acceptance among Republican voters of Trump’s claim that the 2020 presidential election was stolen is, in Acemoglu’s view,a “signal.” You are signaling to the rest of the population and especially to the media that you are highly discontented, and you are distinct from the well-educated elites benefiting from the current system. If so, the more outrageous this signal sounds, the more effective it may be to some of the people who are trying to send the signal.Acemoglu acknowledged that thisis just a hypothesis, but if it were true, it would imply that demonizing Trump supporters would make things worse for Democrats. It may not be so much that they are completely delusional, but they are angry and feel outside of the mainstream. If so, finding ways of broadening the mainstream coalition may be a much more effective response.Herbert Kitschelt, a political scientist at Duke, noted in an email that the United States stands apart from most other developed nations in ways that may make this country especially vulnerable in the universe of democratic states to authoritarian appeals and democratic backsliding:There are two unique American afflictions on which Trump could thrive and that are not shared by any other advanced Western O.E.C.D. country: the legacy of slavery and racism, and the presence of fundamentalist Evangelicalism, magnifying racial and class divisions. There is no social organization in America that is as segregated as churches.In this context, Kitschelt wrote,a critical element of Trumpist support is trying to establish in all of the United States a geographical generalization of what prevailed in the American South until the 1960s Civil Rights movement: a white Evangelical oligarchy with repression — jailtime, physical violence and death — inflicted on those who will not succumb to this oligarchy. It’s a form of clero-fascism. A declining minority — defined in economic and religious terms — is fighting tooth and nail to assert its supremacy.Underlying the racial motivations, in Kitschelt’s view, arechanges in political economy and family structure, strongly related also to a decline of religion and religiosity. Religions, for the most part, are ideological codifications of traditional paternalist family kinship structures. Postindustrial libertarianism and intellectualism oppose those paternalisms. This explains why right-wing populists around the world draw on religion as their ultimate ideological defense, even if their religious doctrines are seemingly different: Trump (white Protestant Evangelicalism and Catholic ultramontanism), Putin (Orthodoxy), Modi (Hinduism), Erdogan (Islam), Xi (Confucianism).Lynn Vavreck, a political scientist at U.C.L.A., takes a different, but not necessarily contradictory approach. She is co-author of the forthcoming book, “The Bitter End: The 2020 Presidential Campaign and the Challenge to American Democracy,” with John Sides and Chris Tausanovitch, political scientists at Vanderbilt and U.C.L.A.In an email, Vavreck wrote that in their book,We describe the current state of American politics as ‘calcified’ — calcification, like in the human body, makes politics rigid. It is born of four factors: 1) Increasing distance between the parties (we are farther apart than ever ideologically); 2) Increasing homogeneity across issue positions within each party (we are more like our fellow partisans than ever); 3) The displacement of the “New Deal” dimension of conflict (size and role of government, tax rates) with a new dimension of conflict based on identity-inflected issues; 4) Partisan parity within the electorate (there is near balance between people who call themselves Ds and Rs right now).These four things make politics feel stuck and explosive. Here’s why: The stakes of election outcomes are very high because the other side is farther away than ever and victory is always within reach for both sides (due to the balance). The balance also means that instead of going back to the drawing board to rethink how they campaigned or what they offered, when one side loses, they don’t revamp their packages or strategies (they almost won!!), instead they try to change the rules of the game to advantage their side. This is the ultimate challenge to democracy — preventing parties from changing the rules to erode democratic principles.From a different vantage point, Vavreck observes, another “part of democracy — the representational part, so to speak — seems quite healthy at the moment.” The partiesare unique and offer two very different visions of the world to voters. Voters see and understand those differences. More voters see important differences between the parties today than have at any point since the 1950s! Nearly everyone — 9 out of 10 people — say they see important differences between the two parties. That is remarkable.For all of its faults, contemporary American democracy does perform the essential function of offering voters a choice, Vavreck continued:People know what kind of world they want to live in — and they can match that to the party offerings to figure out where they belong (and who to vote for). That there is no confusion about which party is on which side isn’t normatively bad or problematic — in fact, it makes democracy work better if it assists people in voting for candidates who align with their preferences.But the cost can be high, in Vavreck’s view, perhaps higher than the benefits:When parties attempt to erode democratic institutions like voting, election certification, or election administration; or to bully elected leaders to change legitimate outcomes, we obviously have challenges to democracy, but the clarity with which voters see these parties and understand how to choose between them should not be overlooked as a strong element of democracy in America at the moment.If polarization is a crucial aspect of democratic atrophy, all indications are that partisan hostility is entrenched in the social order.In their May 2022 paper, “Learning to Dislike Your Opponents: Political Socialization in the Era of Polarization,” Matthew Tyler and Shanto Iyengar, political scientists at Stanford, find that polarization, including a strong dislike of members of the opposition party, has been growing rapidly among adolescents, a constituency previously more neutral in its political views:We find that adolescents who identify as Republican or Democrat have become just as polarized as adults. The increased level of polarization in the youth sample occurs not because partisans became more positive in their evaluations of their own party but primarily because their distrust of the opposing party increased dramatically.Today, Tyler and Iyengar write,high levels of in-group favoritism and out-group distrust are in place well before early adulthood. In fact, the absence of age differences in our 2019 results suggests that the learning curve for polarization plateaus by the age of 11. This is very unlike the developmental pattern that held in the 1970s and 1980s, when early childhood was characterized by blanket positivity toward political leaders and partisanship gradually intruded into the political attitudes of adolescents before peaking in adulthood.What are the consequences of this shift among the young?“Fifty years ago,” Tyler and Iyengar report, “political socialization was thought to play a stabilizing role important to the perpetuation of democratic norms and institutions. In particular, children’s adoption of uncritical attitudes toward political leaders helped to legitimize the entire democratic regime.”“In the current era, the two authors note pointedly,it seems questionable whether the early acquisition of out-party animus fosters democratic norms and civic attitudes. Extreme polarization is now associated with rampant misinformation and, as indicated by the events that occurred in the aftermath of the 2020 election, with willingness to reject the outcome of free and fair electoral procedures.In fact, there has been a steady falloff in key measures of the vitality and strength of American democracy.Nicholas Valentino, a political scientist at the University of Michigan and a principal investigator on the American National Election Studies 2024 project, wrote by email thatWe do have some long-term trends in the ANES data that are troubling. Principal among these is a steady decline in the public’s trust in government in general, and in many specific institutions that are considered pillars of democratic legitimacy.This development includes an increase from 48 percent in 2002 to 64 percent in 2020 of people who say government operates “for the benefit of a few big interests” and a decline over the same period from 51 to 16 percent of people who say government operates “for the benefit of all.” Over the same 18-year period, a “trust in government” measure fell from 43 to 17 percent.Such downward trendlines are particularly worrisome, according to Valentino, because “the cornerstone of democratic stability lies in strong institutional legitimacy among the governed, regardless of which party is in charge.”Two types of events in upcoming elections, Valentino writes, “indicate that the U.S. has broken from mainstream democratic systems”:First, widespread refusal among losing candidates and members of their party to accept their losses in these elections; and second, state officials in certain states refusing to certify elections where candidates of their own party lose. Note these types of threats are significantly more serious to democracy even than the myriad changes to election laws that make it harder for citizens to vote, even when those laws disproportionately affect some groups more than others. This would be voter nullification after the fact.In their 2021 paper, “The Majoritarian Threat to Liberal Democracy,” Guy Grossman, Dorothy Kronick, Matthew Levendusky and Marc Meredith, political scientists at the University of Pennsylvania, argue that “many voters are majoritarian, in that they view popularly elected leaders’ actions as inherently democratic — even when those actions undermine liberal democracy.”The willingness of majoritarians “to give wide latitude to elected officials is an important but understudied threat to liberal democracy in the United States,” Grossman and his co-authors write.What liberal democrats see as backsliding, the four authors continue, “majoritarians see as consistent with democracy, which mutes the public backlash against power grabs.”Why?Many voters grant tremendous license to elected incumbents, perceiving incumbent behavior as ‘consistent with democracy’ — even if it undermines checks and balances or other aspects of liberal democracy.Jack Goldstone, a professor of public policy at George Mason University, stresses economic forces in his analysis of declining support for democracy.“The rise of authoritarian parties is rooted in rising inequality and even more in the loss of social mobility,” he wrote by email, adding thatMore rigid and culturally divided inequality breeds resentment of the elites. And I would say the elites brought this on themselves, by creating meritocratic bubbles that demean those outside, and access to which they increasingly control for their own families. The elites have implemented policies of globalization, meritocracy, and market-driven morals, preaching that these are for the best, while ignoring the widespread harm these policies have done to many millions of their fellow citizens. A bond with an authoritarian leader who is not beholden to these elites makes ordinary people feel stronger, and gives them a sense of importance and justice.In an essay last month, “Trump Was a Symptom, Not the Disease — and It’s Become a Global Pandemic,” Goldstone was sharply critical of economic and political elites, especially liberal elites:It is the actions of liberal elites — well-intended but grievously misguided — that have spawned the populist wave. In a variety of ways, ruling elites promoting globalization and diversity have deprived many groups in their own societies of opportunity, hope, and security.Along similar lines, but with a different emphasis, Elizabeth Suhay, a political scientist at American University, wrote by email that “the rise in authoritarian parties is primarily driven by discontent among the masses.” Scholars have demonstrated this, she continued, “at the individual level (e.g., whether a person is unemployed) and the national level (e.g., the national unemployment rate).”Suhay added a crucial caveat:I would also say that European and U.S. elites are an indirect cause of the rise of authoritarian parties. The neoliberal policies they have championed have led to increased inequality, stagnating wages, and a weaker safety net for most citizens. Economic distress, pessimism, and precarity increase citizens’ interest in radical political candidates and policies, on both sides of the political aisle.Trump, Suhay argues,deserves substantial blame for the recent challenges to democracy in the United States. It is difficult to overstate how unique he is on the American political scene with respect to his genuinely authoritarian tendencies. This said, it is important to recognize that a substantial portion of the electorate was strongly attracted to these very tendencies. In my view, it is due to a combination of factors that have generated deep anxiety about their own lives as well as the state of the nation: economic precarity and pessimism, rapidly increasing racial and ethnic diversity, and declining social capital. In response to these anxieties, a powerful person who promises to turn America’s clock back several decades is very attractive.Acemoglu, the M.I.T. economist, argues that one way to address the discontent with contemporary democracy among so many voters on the right would be to implement traditional center-left economic policies, including many supported by the Biden administration. Acemoglu makes the case that the activist wing of the Democratic Party has undermined the effectiveness of this approach:The tragedy here is that Democrats have the plans to deliver public services and more broad-based economic growth, and this would help many Trump supporters as well. But Republicans have become very united in blocking all such policies, and Democrats themselves appear to work hard to alienate these groups, for example, by appearing more radical than they truly are, or banding around slogans such as defund the police or open borders.There is a strong argument, Acemoglu continued,that not just the United States, but many other countries, need traditional social democratic/labor party type coalitions to support wage growth, worker protection, public service delivery, redistribution, health care and better health services, as well as antimonopoly regulations and policies. But the posturing and noneconomic language that many center-left parties have adopted make the coalition that would support this type of social democratic party much more difficult or even impossible.Given the intransigent, anti-democratic posture of the Republican Party and its leaders, only the Democratic Party, its shortcomings notwithstanding, is equipped to lead a drive to restore democratic norms. To become an effective force for reform, the party must first cease alienating key swing voters.While many voters disagree with the progressive movement, especially in its more cultural and identitarian forms, many more agree with its redistributive agenda: the reduction of inequality through the transfer of income, wealth and opportunity to middle and working class America. The stakes in this struggle could not be higher.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More
75 Shares159 Views
in ElectionsThe Political Warheads Just Keep Exploding
Gail Collins: Welcome back from your trip to Greenland, Bret. Dying to hear your impressions. Was it beautiful? Was it … melting?Bret Stephens: Greenland is a bit like a James Joyce novel: formidable and largely impenetrable. And the ice is definitely melting up there — which I’ll get to in the long feature I’m writing about the trip.Gail: Been looking forward to that since you left.Bret: But we’ve missed so much since our last conversation! The Joe Biden comeback. The Mar-a-Lago blowback. The Liz Cheney takedown. Where should we start?Gail: Let’s begin with Biden. I’ll admit that the Inflation Reduction Act was perhaps not the perfect name for his bill, but what a moment for his presidency! First time the country’s ever taken a big, serious step toward combating global warming. And for once, I can imagine future generations looking back on what we’ve done and cheering.Bret: I agree that the bill is misnamed. It probably would have been better called the West Virginia Special Perks Act, after all the goodies Joe Manchin stuffed into it for his home state, or the Elon Musk Additional Enrichment Act, given all the tax rebates for buying electric vehicles. On top of that, I doubt that history will look back on the legislation as some kind of turning point in addressing climate change, given that China emits more than twice the carbon dioxide that the United States does.But Biden — or maybe I should say Chuck Schumer — has certainly rallied his party and given it a sense of accomplishment before the midterms. On the other hand, there’s the raid on Mar-a-Lago, which struck me as really, really ill-advised. Tell me I’m wrong.Gail: Well, I sorta hated that it created so many headlines during a week when Biden should have been getting all the attention for his accomplishments. And I know Donald Trump is getting a lot of sympathy from his fans. But, hey, if he’s been sitting on top of secret documents, possibly including some having to do with, um, nuclear weaponry, I want the country to know about it.Bret: We obviously have to withhold judgment till we know more, but color me skeptical on the claim about nuclear weaponry.Gail: Understood. But while I am not yet quite prepared to envision our former president somehow selling our secrets to foreign governments, in this case it’s not so totally inconceivable that you wouldn’t want the feds to move quickly.Bret: Gail, do you remember the line from “Raising Arizona,” when Nicolas Cage says to Holly Hunter, “There’s what’s right and there’s what’s right, and never the twain shall meet”? That seems like a pretty good description of Merrick Garland’s predicament.Gail: Love it when you do those quotes.Bret: On one hand, Trump continued to prevaricate and resist repeated requests to return the documents, in flagrant disregard for the rule of law. On the other, as a result of the search he’s consolidated support among Republicans who seemed to be drifting away just a few weeks ago. He’s turned the media spotlight away from Biden and back to himself. He’s created a new field of theories and conspiracies about what the government was really after.In short, Garland gave Trump precisely what he wanted. And if the Justice Department can’t show that Trump was hiding something truly sensitive or explosive — like, proof that he was in direct personal contact with the Oath Keepers before Jan. 6 — I fear Garland’s going to emerge the loser from this encounter.Gail: When in doubt, my all-purpose rule in understanding things Trump is to follow the stupendous Maggie Haberman, one of our great White House correspondents. Her analysis covers several possible explanations for the document-piling, all of them based on general stupidity. Maybe he wanted them as extremely high-end mementos. Maybe it’s his habit of hoarding papers. Or just his cosmic view of the world, that “everything he touches belongs to him,” as a lawyer Maggie talked to put it.Bret: With Trump, the line between the shambolic and the sinister is often blurred. His entire being is like Inspector Clouseau doing an impression of Jack Nicholson in “The Shining,” or maybe vice versa.Gail: But whatever the motive, we can’t allow him to set this kind of precedent for handling presidential documents.Bret: I’m all for returning government documents to their rightful place, but if this helps return Trump to the White House I’d say it’s a bad bargain.Gail: We’ll see what happens next. Meanwhile, there’s another big political saga underway. Liz Cheney lost her primary, as everybody expected. What’s next for her? More
100 Shares149 Views
in ElectionsHow a Storied Phrase Became a Partisan Battleground
A touchstone of political and social discourse, the nearly 100-year-old phrase “the American dream,” is being repurposed — critics say distorted — particularly by Republicans of color.Juan Ciscomani, a Republican who washed cars to help his Mexican immigrant father pay the bills and is now running for Congress in Arizona, has been leaning on a simple three-word phrase throughout his campaign — “the American dream.”To him, the American dream, a nearly 100-year-old idea weighted with meaning and memory, has become something not so much to aspire to but to defend from attack.President Biden and House Speaker Nancy Pelosi are, he says in one ad, “destroying the American dream” with “a border crisis, soaring inflation and schools that don’t teach the good things about America.”For decades, politicians have used the phrase “the American dream” to describe a promise of economic opportunity and upward mobility, of prosperity through hard work. It has been a promise so powerful that it drew immigrants from around the world, who went on to fulfill it generation after generation. Political figures in both parties employed the phrase to promote both their own policies and their own biographies.Now, a new crop of Republican candidates and elected officials are using the phrase in a different way, invoking the same promise but arguing in speeches, ads and mailings that the American dream is dying or in danger, threatened by what they see as rampant crime, unchecked illegal immigration, burdensome government regulations and liberal social policies. Many of these Republicans are people of color — including immigrants and the children of immigrants, for whom the phrase first popularized in 1931 has a deep resonance.To politicians of old, “the American dream” was a supremely optimistic rhetorical device, albeit one that often obscured the economic and racial barriers that made achieving it impossible for many. To the Republican candidates embracing it today, the phrase has taken on an ominous and more pessimistic tone, echoing the party’s leader, former President Donald J. Trump, who said in 2015 that “the American dream is dead.” In the same way that many Trump supporters have tried to turn the American flag into an emblem of the right, so too have these Republicans sought to claim the phrase as their own, repurposing it as a spinoff of the Make America Great Again slogan.A crowd at the Turning Point USA Student Action Summit in Tampa, Fla., waited for former President Donald J. Trump to speak.Todd Anderson for The New York TimesPoliticians have long warned that the American dream was slipping away, a note struck from time to time by former President Barack Obama, former President Bill Clinton and other Democrats. What has changed is that some Republicans now cast the situation more starkly, using the dream-is-in-danger rhetoric as a widespread line of attack, arguing that Democrats have turned patriotism itself into something contentious.“Both parties used to celebrate the fact that America is an exceptional country — now you only have one that celebrates that fact,” said Jason Miyares, a Republican and the child of Cuban immigrants. The American dream was a part of his successful campaign to become Virginia’s first Latino attorney general.In Texas, Representative Mayra Flores, a Mexican immigrant who became the state’s first Latina Republican in Congress, ran an ad that declared, “Democrats are destroying the American dream.” Antonio Swad, an Italian-Lebanese immigrant running for a House seat in the Dallas suburbs, said in an ad that he washed dishes at the age of 15 before opening two restaurants, telling voters the American dream does not “come from a government handout.”More Coverage of the 2022 Midterm ElectionsLiz Cheney’s Lopsided Loss: The Republican congresswoman’s defeat in Wyoming exposed the degree to which former President Donald J. Trump still controls the party’s present — and its near future.2024 Hint: Hours after her loss, Ms. Cheney acknowledged that she was “thinking” about a White House bid. But her mission to thwart Donald J. Trump presents challenges.The ‘Impeachment 10’: With Ms. Cheney’s defeat, only two of the 10 House Republicans who voted to impeach Mr. Trump remain.Alaska Races: Senator Lisa Murkowski and Sarah Palin appeared to be on divergent paths following contests that offered a glimpse at the state’s independent streak.Television ads for more than a dozen Republican candidates in statewide, House and Senate campaigns — more than half of whom are people of color — cite the phrase, according to AdImpact, the ad-tracking firm. Several other House hopefuls, many of them Latinas, frequently cite the words in social media posts, digital ads, campaign literature and speeches.“In Congress, I will fight to defend the American dream,” said Yesli Vega, a former police officer who is the daughter of civil-war refugees from El Salvador and who is running for a House seat in Virginia, posted on Twitter.“The American dream” was a marquee theme in two winning Republican campaigns in Virginia last year: the races by Winsome Earle-Sears, a Jamaica-born Marine veteran who is now the first woman of color to serve as the state’s lieutenant governor, and Mr. Miyares, the attorney general.“On the campaign trail, I used to say, if your family came to this country seeking hope there is a good chance that your family is a lot like my family, and it would be the biggest honor of my life to be your attorney general,” said Mr. Miyares.Attorney General Jason Miyares of Virginia during the inaugural celebration in January.Steve Helber/Associated PressThe Republicans relying on the phrase show the extent to which the party is diversifying its ranks and recruiting candidates with powerful come-from-behind stories. But historians and other scholars warn that some Republicans are distorting a defining American idea and turning it into an exclusionary political message.“The Republican Party is using it as a dog whistle,” said Christina Greer, an associate professor of political science at Fordham University. “They are saying here is the potential of what you can have, if we can exclude others from ‘stealing it’ from you.”Republicans dispute that their references to “the American dream” promote exclusion and say they are using the phrase the same way politicians have used it for decades — to signal hope and opportunity. “I think the left is far more pessimistic than Republicans are about the American dream,” said Representative Yvette Herrell, a New Mexico Republican who is Cherokee and the third Native American woman ever elected to Congress.But this latest iteration of the dream has become a rhetorical catchall for Republicans’ policy positions.Barbara Kirkmeyer, a Republican state lawmaker in Colorado running in a heated House race, embraces the American dream as the theme of her personal story. Ms. Kirkmeyer grew up on a dairy farm, the sixth of seven children in a family that often struggled. She paid her way through college by raising and selling a herd of eight milk cows, yearlings and heifer calves.The American dream, Ms. Kirkmeyer said, was not only about economic opportunity but freedom, connecting the words with Republican opposition to Covid-related mask mandates. “I don’t see the mandates as part of the American dream,” she said. “People felt that was an infringement on their rights and personal dreams.”The earliest mention in print of the words “American dream” appears to have been in a 1930 ad for a $13.50 marked-down bed spring from an American mattress company.Historians and economists, however, credit the writer James Truslow Adams with popularizing the phrase in his best seller published a year later in 1931, “The Epic of America.” His Depression-era definition was a “dream of a land in which life should be better and richer and fuller for everyone.” To Mr. Adams, it was part of a liberal vision in which government was seen as a force to fight big business. His symbol of the American dream at the time was the Library of Congress.For decades, politicians have used the phrase the American dream to describe a promise of economic opportunity and upward mobility, of prosperity through hard work. Bettman, via Getty ImagesFor later generations, Mr. Adams’ phrase came to be defined by an image — a house with a white picket fence — as presidents, companies and popular culture pushed homeownership. But with the chances of owning a home diminishing after the 2008 economic crash, Democrats and Republicans once more sought to redefine it. Now, much of the phrase’s progressive history has been lost, as Republicans argue that big government is the enemy.“That has been the real shift,” said Sarah Churchwell, the author of a 2018 book, “Behold, America: The Entangled History of ‘America First’ and ‘the American Dream.’”The roots of this more conservative vision of the American dream can be traced to Ronald Reagan, who often invoked the phrase and also used it in his appeals to Latino voters, extolling family, religion and an opposition to government handouts. It was a strategy later followed by George W. Bush.“It married conservative values with economic opportunity: ‘We recognize you for your contribution to America and we will give you the opportunity to get ahead if you are willing to do the work,’” said Lionel Sosa, a retired media consultant in San Antonio who is a Republican and who created ads for Mr. Reagan and Mr. Bush.Republicans still use the American dream in the way Mr. Reagan and Mr. Bush did, underscoring a strong work ethic, Christian values and entrepreneurialism. But many Hispanic Republicans now add a harder edge — stressing that they came to the country legally, decrying “open borders” and calling for the completion of the U.S.-Mexico border wall.“In all the time we worked on it, we didn’t say anything having to do with building a wall,” Mr. Sosa said of the past messaging aimed at Hispanic Republicans. “There was no message that you have to be here legally or that if you are not here legally, we don’t want you here.”The politicization of the phrase comes as studies show the American public has become more pessimistic about achieving the American dream. Historians say that in recent years Republicans have been using the phrase far more frequently than Democrats in ads and speeches. While more than a dozen Republican candidates across the country cite the phrase in their TV ads this midterm season, only four Democrats have done so, according to AdImpact.One of the Democratic candidates who has relied on the theme in his ads is Shri Thanedar, an Indian American state lawmaker in Michigan and the Democratic nominee for a House seat. “We have ceded that ground to Republicans and other corporate politicians,” Mr. Thanedar said, referring to areluctance by some Democrats to emphasize the phrase.To Gabe Vasquez, a Democratic congressional candidate in Albuquerque, N.M., the American dream is about ensuring that the economic ladder “is there for everybody and that everyone can climb with you.”Ramsay de Give for The New York TimesGabe Vasquez, a Democrat who is facing Ms. Herrell in New Mexico in the fall, has also embraced the phrase. He tells supporters that his late grandfather — Javier Bañuelos, who taught himself to fix broken televisions with an old manual and eventually opened his own repair shop — made it possible for him to run for Congress. The American dream is not about buying a house, but ensuring that the economic ladder “is there for everybody and that everyone can climb with you,” he said.Yet even Democrats find themselves speaking of the dream as pessimistically as Republicans. Just as Republicans blame Democrats for destroying the American dream, Democrats believe the fault lies with Republicans. They say Republicans are making it harder to obtain by attacking the social safety net and blocking efforts to raise the minimum wage, and that they have co-opted the symbols of patriotism — including words like patriot — and turned them into partisan weapons.“That American dream,” Mr. Vasquez said, “is becoming a hallucination.” More
75 Shares179 Views
in ElectionsYour Thursday Briefing: Liz Cheney, Out
Plus a mortgage strike in China and resistance fighters in Ukraine.Good morning. We’re covering Donald Trump’s growing power over the Republican Party and a mortgage strike in China.In her concession speech, Liz Cheney noted that her dedication to the party has its limits: “I love my country more.”Kim Raff for The New York TimesLiz Cheney will lose her seatLiz Cheney — Donald Trump’s highest-profile critic within the Republican Party — resoundingly lost her primary race for Wyoming’s lone House seat. She will not be on the ballot in November.Cheney refused to go along with the lie that Trump won the election — and voted to impeach him a second time. Now, only two of the 10 House Republicans who voted to impeach him remain.Her loss offered the latest evidence of Trump’s continued influence over the Republican Party. Cheney was a reliable vote on much of the Trump agenda, but the party has shifted away from specific policies in favor of Trump’s current wishes and talking points.Details: Votes are still being counted, but Cheney lost by more than 30 percentage points to Harriet Hageman, a Trump-endorsed lawyer who has not held elected office before. Here are the latest vote counts from Alaska and Wyoming.Profile: The daughter of a former vice president, Cheney serves as the vice chairwoman of the House committee investigating the Jan. 6 attacks. Here’s how she thinks about her place in history.What’s next: Cheney has started a leadership political action committee, a sign that she plans to escalate her fight against Trump. She said that she is thinking about running for president.Apartment buildings in Zhengzhou, China, last month.Anadolu Agency via Getty ImagesA mortgage boycott in ChinaHundreds of thousands of frustrated homeowners in more than 100 cities across China are joining together and refusing to pay back loans on their unfinished properties.Their boycott represents one of the most widespread acts of public defiance in China. Despite efforts from internet censors to quash the news, collectives of homeowners have started or threatened to boycott in 326 properties, according to a crowdsourced list. By some estimates, they could affect about $222 billion of home loans, or roughly 4 percent of outstanding mortgages.The boycotts are also a sign of a growing economic fallout as China reckons with the impacts of its Covid restrictions. The country’s economy is on track for its slowest growth in decades. The real estate market, which drives about one-third of China’s economic activity, has proved particularly vulnerable.Context: In 2020, China started to crack down on excessive borrowing by developers to address concerns about an overheating property market. The move created a cash crunch, leading Evergrande and other large property developers to spiral into default.Background: Protests erupted last month in Henan Province when a bank froze withdrawals. The demonstration set off a violent showdown between depositors and security forces.Politics: The boycotts threaten to undermine Xi Jinping’s pursuit of a third term as China’s leader.A partisan fighter, code-named Svarog, told The Times about efforts to booby-trap a car in the parking lot of a Russian-controlled police station.David Guttenfelder for The New York TimesPartisan fighters aid UkraineIn recent weeks, Ukrainian guerrilla fighters known as partisans have taken an ever more prominent role in the war.The clandestine resistance cells slip across the front lines, hiding explosives down darkened alleys and identifying Russian targets. They blow up rail lines and assassinate Ukrainian officials that they consider collaborators.“The goal is to show the occupiers that they are not at home, that they should not settle in, that they should not sleep comfortably,” said one fighter, code-named Svarog.Increasingly, their efforts are helping Ukraine take the fight into Russian-controlled areas. Last week, they had a hand in a successful strike on an air base in Crimea, which destroyed eight fighter jets. Here are live updates.Analysis: The legal status of the partisan forces remains murky. Partisans say they are civilians, regulated under a Ukrainian law that calls them “community volunteers.” But under international law, a civilian becomes a combatant when they take part in hostilities.Fighting: Ukrainian officials warned of a buildup of long-range Russian missile systems to the north, in Belarus. One official cited weapons just 15 miles (about 24 kilometers) from their shared border.Your questions: Do you have questions about the war? We’d love to try to answer them.THE LATEST NEWSAsiaThe U.S. and South Korea had canceled or pared down similar military exercises in recent years.Yonhap, via EPA, via ShutterstockNorth Korea conducted a missile test yesterday, its first since June, as South Korea and the U.S. prepared for joint military drills.Drought is gripping parts of China, the BBC reports, and authorities are attempting to induce rainfall.Floods in Pakistan have killed more than 580 people, The Guardian reports.Bombings and arson attacks swept southern Thailand last night, The Associated Press reports. Muslim separatists have long operated there.India freed 11 Hindu men who were serving life sentences for gang-raping a pregnant woman during Hindu-Muslim riots in 2002, CNN reports.The PacificAustralia’s highest court overturned a ruling that Google had engaged in defamation by acting as a “library” for a disputed article, Reuters reports.Police in New Zealand are looking into reports that human remains were found in suitcases bought at a storage unit auction, The Guardian reports.U.S. News“This bill is the biggest step forward on climate ever,” President Biden said.Doug Mills/The New York TimesPresident Biden signed the climate, health and tax bill into law. (Here is a breakdown of its programs.)The head of the C.D.C. said the agency had failed to respond quickly enough to the pandemic and would overhaul its operations.Mike Pence called on Republicans to stop attacking top law enforcement agencies over the F.B.I.’s search of Donald Trump’s home.The Academy Awards apologized to a Native woman, Sacheen Littlefeather, who was booed in 1973 when she refused an award on behalf of Marlon Brando.World NewsInflation in Britain jumped 10.1 percent in July from a year earlier, the fastest pace in four decades. Soaring food prices are behind the rise.For the first time in months, European officials expressed optimism about reviving the 2015 Iran nuclear deal.Mahmoud Abbas, the president of the Palestinian Authority, accused Israel of “50 Holocausts.” After an outcry, he walked back his remarks.Israel and Turkey will restore full diplomatic ties after a four-year chill.Mexico’s president is staking the country’s future on fossil fuels.A Morning Read“It was pretty gut-wrenching when we first learned our Galileo was not actually a Galileo,” a library official said.via University of Michigan LibraryThe University of Michigan Library announced that a treasured manuscript in its collection, once thought to be written by Galileo, is actually a forgery.Strange letter forms and word choices set off a biographer’s alarm bells. A deeper look into its provenance confirmed his worst suspicions.ARTS AND IDEASThe chef Tony Tung at her restaurant, Good to Eat Dumplings. Mark Davis for The New York TimesTaiwan’s complex food historyTejal Rao, our California restaurant critic, took a deep dive into the political complexities around Taiwanese cuisine in the U.S. diaspora.Taiwanese food is often subsumed under the umbrella description of “Chinese.” For China’s government, which seeks unification, the conflation is convenient, and even strategic.But the cuisine has also been shaped by the island’s Indigenous tribes, long-established groups of Fujianese and Hakka people, and by Japanese colonial rule. The idea of distinguishing Taiwanese cuisine started to really take hold on the island in the 1980s, as the country transitioned from a military dictatorship to a democracy.Some Taiwanese chefs, like Tony Tung, are using their food to start conversations. At her new restaurant in California, Tung treats every question, no matter how obtuse, as an opening to explain the island’s unique history and culture. As tensions rise over the self-governed island, Tejal writes, “cooking Taiwanese food can be a way of illuminating the nuances obscured by that news.”PLAY, WATCH, EATWhat to CookJoe Lingeman for The New York TimesBelieve it or not, there’s zucchini in this chocolate cake.What to ReadRead your way through Reykjavík.TravelHere are some tech hacks to manage trip chaos and maximize comfort.Now Time to PlayPlay today’s Mini Crossword, and a clue: “Cozy place for a cat” (three letters).Here are today’s Wordle and today’s Spelling Bee.You can find all our puzzles here.That’s it for today’s briefing. See you next time. — AmeliaP.S. Julie Bloom will be our next Live editor, helping us handle breaking news across the globe.The latest episode of “The Daily” is about airline chaos this summer.You can reach Amelia and the team at briefing@nytimes.com. More
63 Shares169 Views
in ElectionsAmerica Needs More Caregiving Support
On Tuesday President Biden signed the Inflation Reduction Act, which contains parts of his Build Back Better agenda, including major climate investments and authorization for Medicare to negotiate lower prescription drug prices. The law will reduce the cost of health care, slash carbon emissions to roughly 50 percent below 2005 levels by 2030, invest in clean energy vehicles and raise taxes on corporations, among other things.Make no mistake, President Biden and the Democrats in Congress have achieved a transformative investment in our future.But investments in Medicaid home and community-based services for older adults and people with disabilities, raising wages for the work force that provides caregiving, four weeks of paid family and medical leave, and subsidies for families in need of child care did not make it into law.Infrastructure isn’t only sustainable modes of transportation. As Senator Bob Casey recently said: “The bridge to work for many is someone who can come into their home and care for aging parents. For others, it’s quality, affordable child care for their kids.” Fair pay for caregiving would free up more Americans to take part in the economy.For too long we have underinvested in and undervalued caregivers. After the coronavirus pandemic hit, a breakthrough seemed possible when policies intended to help families became the focus of a national conversation.A 2020 report by AARP and the National Alliance for Caregiving found that more than one in five Americans were caregivers and almost one in four of these was caring for more than one person. A more recent study by The Associated Press-NORC Center for Public Affairs Research showed that a vast majority of Americans want to age at home and want the government to act to help them do so.But we can hardly sustain the existing home care work force with workers’ current median annual income just over $18,000 per year. What will we do when the aging baby boomer generation — roughly 73 million people — needs more support and services?There are more than 12 million working parents with children younger than 6 years old. Without access to paid leave, these parents must find affordable child care in order to work and provide for their families. The American Rescue Plan Act included funding to stabilize child care programs for low-income families and expanded the child tax credit for 2021, but what will happen when that funding runs out?Lawmakers must now decide how to support the care economy — including administrative and regulatory reforms as well as legislation. We should see investments in care reflected in appropriations and at the heart of the next budget reconciliation. Many voters want representatives who refuse to devalue women and families and who want caregivers to have the freedom to choose whether they leave the work force rather than be forced out of it.The Biden administration’s economic agenda has often been compared to Roosevelt’s New Deal in scope and significance, but the New Deal explicitly excluded two groups of workers — farm workers and domestic workers. Over time, these domestic workers became the backbone of the care economy, but the government never advanced comprehensive solutions to support them.Mr. Biden’s original agenda not only included these workers, but it highlighted the importance of investing holistically in the care that families need and the jobs that support it. Today, we understand that the economy doesn’t grow or work without care, including for the work force entrusted with the people who matter most in our lives. Let’s not wait another 80 years to act on that vision.Ai-jen Poo is the executive director of Caring Across Generations and the president of the National Domestic Workers Alliance.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More
88 Shares159 Views
in ElectionsYour Monday Briefing: U.S. Lawmakers Visit Taiwan
Plus Salman Rushdie’s recovery and reflections on a year of Taliban rule.Good morning. We’re covering a visit by U.S. lawmakers to Taiwan and Salman Rushdie’s road to recovery.In this photo from the Taiwan Ministry of Foreign Affairs, a diplomat from the ministry greeted the U.S. delegation. Taiwan Ministry of Foreign Affairs, via Associated PressMore U.S. lawmakers visit TaiwanA delegation of five U.S. lawmakers arrived in Taiwan yesterday. Their visit came less than two weeks after a contentious trip by Nancy Pelosi, the speaker of the House, which infuriated Beijing and provoked Chinese military drills off Taiwan’s coast.Taiwanese officials said they appreciated the U.S. show of solidarity during the escalating tensions with Beijing. The U.S. delegation planned to meet today with Tsai Ing-wen, Taiwan’s president, and consult with the foreign affairs and national defense committees of Taiwan’s legislature, Taiwan said.China had no immediate response, but the presence of the five U.S. lawmakers so soon after Pelosi’s visit was likely to elicit a sharp reaction and possibly inspire more military exercises, analysts said. Context: After Pelosi’s visit, Beijing fired five missiles into waters that are part of Japan’s exclusive economic zone, a warning to Japan and to the U.S. about coming to Taiwan’s aid in the event of a conflict there. Last week, China wrapped up live-fire exercises that encircled the island and simulated a blockade. But Taiwan appeared undeterred, and China went easy on its economy.“It will be long, the injuries are severe, but his condition is headed in the right direction,” Salman Rushdie’s agent said in a text to The Times.Elizabeth D. Herman for The New York TimesSalman Rushdie is recoveringAfter Salman Rushdie was stabbed roughly 10 times on Friday during a speech, “the road to recovery has begun,” his agent said yesterday. Rushdie was taken off a ventilator and could speak a few words. A 24-year-old man was charged with attempted murder and assault with a weapon. Prosecutors said the attack was premeditated and targeted.Rushdie has been living relatively openly after years of a semi-clandestine existence that followed the publication of his novel “The Satanic Verses,” which fictionalized parts of the life of the Prophet Muhammad. In 1989, about six months after the book came out, Ayatollah Ruhollah Khomeini, then the leader of Iran, issued an edict known as a fatwa that ordered Muslims to kill Rushdie.Details: Because of the attack, the author may lose an eye, has a damaged liver and has severed nerves in his arm, his agent said.Our Coverage of the Russia-Ukraine WarOn the Ground: A series of explosions that Ukraine took credit for rocked a key Russian air base in Kremlin-occupied Crimea. Russia played down the extent of the damage, but the evidence available told a different story.Heavy Losses: The staggeringly high rate of Russian casualties in the war means that Moscow may not be able to achieve one of his key objectives: seizing the entire eastern region of Ukraine.Nuclear Shelter: The Russian military is using а nuclear power station in southern Ukraine as a fortress, as fighting intensifies in the region. The risk of a catastrophic nuclear accident has led the United Nations to sound the alarm and plead for access to the site to assess the situation.Starting Over: Ukrainians forced from their hometowns by Russia’s invasion find some solace, and success setting up businesses in new cities.Background: In 1991, the Japanese translator of “The Satanic Verses” was fatally stabbed. The crime remains unsolved. The novel’s Italian translator, its Norwegian publisher and a Turkish novelist who published an excerpt all survived attempts on their lives.Taliban fighters in Kabul, Afghanistan, on the day the country’s government collapsed in August 2021.Jim Huylebroek for The New York TimesA year of Taliban ruleA year into Taliban rule, Afghanistan has seemed to hurtle backward in time, my colleagues write in an analysis. For many Afghans — particularly women in cities — the sense of loss has been devastating.Two decades of U.S.-financed reforms have been reversed by mounting restrictions on daily life, enforced by police-state tactics like door-to-door searches and arbitrary arrests. Schools and jobs are again restricted for women. Music has been banned, and beards are mandatory for men — an echo of the Taliban’s first rule in the 1990s.“Now it’s gone — all of it,” said Zakia Zahadat, 24, who used to work in a government ministry after she earned a college degree. She is mostly confined to her home these days, she said. “We have lost the power to choose what we want.”International isolation is exacerbating Afghanistan’s economic and humanitarian crisis, which may deepen after U.S. officials accused the Taliban of harboring the leader of Al Qaeda this month. But the country has been better off in one way: It is largely at peace after decades of war that upended the lives of rural Afghans in particular.Background: Here are photos from the Taliban’s offensive last year, with context and reflections from our Kabul bureau chief.Profiles: A group of Afghan employees from our Kabul bureau are adjusting after their evacuation to the U.S. Their new lives are challenging but full of opportunities.THE LATEST NEWSAsia PacificPolice spoke with witnesses at the airport in Canberra, Australia. Mass shootings are extremely rare in the country.Agence France-Presse — Getty ImagesA gunman fired several shots inside Canberra Airport yesterday, grounding flights in Australia’s capital city. No injuries were reported.Five state-run Chinese companies, collectively worth hundreds of billions of dollars, will delist from U.S. stock exchanges amid diplomatic tensions.The Times looked at how Sri Lankans ousted the Rajapaksa family.The War in UkraineHere are live updates.Ukrainians who live near a nuclear power plant were trying to flee because of intensifying fighting in the area.David Guttenfelder for The New York TimesFears of a nuclear accident are rising at the Zaporizhzhia Nuclear Power Plant in southern Ukraine, as Russian shelling continues nearby. An employee died after shells struck his home, and the West called for a demilitarized zone around the plant.Ukrainians, armed with new long-range weapons from the West, are striking deep behind Russia’s lines of defense.U.S. officials said that Russia was suffering heavy casualties in Ukraine, which could foil its plans to seize the entire eastern region this year.Amid sanctions, Russia’s gross domestic product fell 4 percent from April through June compared with last year.World NewsA fire in Egypt set off a stampede and killed at least 41 people, including several children and the church’s bishop.Tarek Wajeh/Associated PressAt least 41 people were killed after a fire broke out in an Egyptian Coptic Orthodox church in greater Cairo yesterday.At least eight people were injured in a shooting in Jerusalem early yesterday. Israeli authorities described the incident as a terrorist attack.Kenyans are still waiting for results from a presidential election last week. “People are so tense that they cannot even think straight,” a hospital nurse said.Norway killed Freya, a walrus who had spent weeks lounging on Oslo’s piers. Officials said she became a threat to human safety and moving her was “too high risk.”U.S. NewsPresident Biden is poised to sign landmark legislation that will lower the cost of prescription drugs, extend health care subsidies and put billions of dollars toward climate and energy programs.A lawyer for Donald Trump told investigators in June that all classified material at his Mar-a-Lago residence had been returned. But last week’s search turned up more.Officials are growing concerned that TikTok, and other Chinese-owned apps, could leak Americans’ data to Beijing. And election misinformation is thriving on the app before the midterms.Some Asian American voters feel overlooked by Democrats despite the group’s growing electoral power.A Morning ReadAnime idealizes intimacy and romance, but tends to be notably coy in its depictions of physical encounters.A hug, therefore, has thus taken on symbolic importance, Maya Phillips writes in a video-filled essay. It often is a different kind of consummation, especially when characters embrace as they fall through the air.ARTS AND IDEASPark Ok-sun, 98, at the House of Sharing in Gwangju, South Korea.Woohae Cho for The New York TimesThe fate of the “comfort women”The photographer Tsukasa Yajima, known for his stark, poignant portraits of the former sex slaves for Japan’s soldiers in World War II, has won praise for blowing the whistle on South Korea’s treatment of “comfort women.” But it has also come at a cost.Recently, he exposed subpar conditions at South Korea’s best-known shelter for those survivors, the House of Sharing, where he runs its international outreach program. Along with South Korean employees, Yajima exposed how donations meant for survivors’ welfare were enriching South Korea’s biggest and most powerful Buddhist order, Jogye.An investigation by a joint panel of government officials and civilian experts confirmed most of the whistle-blowers’ accusations and more, and it lead to criminal indictments. Angry donors have sued the House of Sharing.Yajima, a Japanese national, has borne the brunt of a backlash from past and present shelter employees. The whistle-blowers face dozens of defamation and other lawsuits; four of them quit last month, complaining about harassment. But Yajima has insisted on staying on.PLAY, WATCH, EATWhat to CookChris Simpson for The New York Times. Food stylist: Maggie Ruggiero. Prop stylist: Sophia Pappas.Yotam Ottolenghi has made thousands of meringues. This pavlova is his favorite.RecommendationTo stay cool with style, use an Ankara hand fan.What to Read“On Java Road,” a new thriller by Lawrence Osborne, chronicles a mysterious disappearance amid Hong Kong protests.Now Time to PlayPlay today’s Mini Crossword, and a clue: “Brain fart” (five letters).Here are today’s Wordle and today’s Spelling Bee.You can find all our puzzles here.That’s it for today’s briefing. See you next time. — AmeliaP.S. The National Association of Black Journalists gave Dean Baquet, The Times’s former executive editor, its lifetime achievement award.The latest episode of “The Daily” is on the Boy Scouts and Girl Scouts.You can reach Amelia and the team at briefing@nytimes.com. More
75 Shares169 Views
in ElectionsFinally, Some Good News on Inflation
This is not the end of inflation. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.On Wednesday, the Bureau of Labor Statistics reported something we haven’t seen since the depths of the pandemic recession: a month without inflation. That is, the average price of the goods and services consumers buy was no higher (actually slightly lower) in July than it was in June.Before I get to what the latest inflation numbers mean, two notes on reactions to the report.First, there is absolutely no reason to question the numbers. There were many advance indications that this report, and probably the next few reports, would show a sharp drop in inflation. In fact, I wrote about that last week. It’s not just falling gasoline prices; business surveys point to declining inflation and supply chain problems are easing. Zero was a somewhat lower number than most observers expected, but not wildly so.Second, the enraged reaction of Republicans to the report came as something of a surprise, at least to me — not that it happened, but the form their outrage took. I expected them to accuse the Biden administration of cooking the books. Instead, most of the flailing seemed to involve a failure to understand the difference between monthly and annual numbers.When President Biden declared, accurately, that we had zero inflation in July, many on the right accused him of lying, because prices in July 2022 were 8.5 percent higher than they were in July 2021. Do they really not understand the difference? To be fair, sloppy business reporting may have contributed to their confusion — I saw many headlines to the effect that “inflation was 8.5 percent in July.” But the more fundamental issue, surely, is that it’s difficult to get people to understand something when their sloganeering depends on their not understanding it.OK, but what about the substantive implications of the Big Zero?Unfortunately, one month of zero inflation doesn’t mean that the inflation problem is solved. Economists have long known that you get a much better read on underlying inflation if you strip out highly volatile prices — normally food and energy, but there are a variety of measures of core inflation, and all of them are still unacceptably high. That’s a clear indication that the economy is running too hot. The Federal Reserve has been raising interest rates to cool things down, and nothing in Wednesday’s report should or will induce the Fed to change course.The Fed might, however, take some comfort from a different report, released Monday: the New York Fed’s monthly Survey of Consumer Expectations, which showed “substantial declines in short-, medium- and longer-term inflation expectations.”Ever since prices took off last year, Fed officials have been concerned that inflation might become entrenched. What they mean is that businesses and consumers might come to believe that large price increases are the new normal, making inflation self-perpetuating, and that getting inflation back down would require putting the economy into a severe, extended slump. That’s what most economists think happened in the 1970s, and it’s not an experience anyone wants to repeat.The good news is that there doesn’t seem to be any entrenching going on. Public expectations of future inflation are falling, not rising; financial markets also seem to anticipate much lower inflation than we’ve seen over the past year.Despite this good news, the Fed will surely keep raising rates until it sees clear evidence that underlying inflation is coming down. But it has some breathing room to be less aggressive than it might otherwise have been, waiting to see how the economic situation develops.Overall, falling inflation probably won’t have much effect on economic policy. It might, however, have big political implications.The truth, although Republicans go feral when you point it out, is that Joe Biden has presided over a huge jobs boom. Yet he has gotten no credit for that boom, possibly in part because many Americans don’t know about it, but largely because voters are focused on inflation — especially the fact that prices have risen faster than wages, reducing families’ purchasing power.Now at least that part of the story has gone into reverse. Wages are still rising fast, which is actually one reason to believe that underlying inflation remains high. But for now, at least, inflation has slowed, so workers will be seeing significant real wage gains. Indeed, average real wages rose half a percentage point in July alone.Hence G.O.P. outrage over accurate reporting on July’s inflation numbers. Republicans had been counting on high inflation, and high gas prices in particular, to deliver big gains for their party in the midterm elections. Suddenly, however, the economic facts have a liberal bias: Gas prices are plunging, inflation is down, and real wages are up.Will these facts make a difference in November? I have no idea. But the current hysteria on the right shows that Republicans are worried that they might.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More