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    Jackson Confirmation Aside, G.O.P. Sees an Opening With Black Voters

    With inflation, war and the pandemic looming larger, Democrats who hope that the browbeating of Ketanji Brown Jackson will rally Black voters behind their candidates may be disappointed.The spectacle created by Republican senators with presidential ambitions as they browbeat the first Black woman nominated to the Supreme Court — after which 47 Republicans voted against her on Thursday — might have seemed like glaring evidence that the G.O.P. had written off the Black vote this November.Far from it. In rising inflation, stratospheric gas prices, lingering frustrations over Covid and new anxieties over the war in Ukraine, Republicans see a fresh opening, after the Obama and Trump eras, to peel away some Black voters who polls show are increasingly disenchanted with the Biden administration.Thanks to gerrymandering, Republicans need not win over too many Black voters to affect a handful of races, and dozens of Black Republican House candidates — a record number of them — are reshaping the party’s pitch.If anything, the G.O.P.’s treatment of the Supreme Court nominee, Judge Ketanji Brown Jackson, was a testimony to the party’s confidence that amid so many more powerful political forces and more consuming objects of public attention, their handling of her confirmation simply didn’t matter much.“I think the Black people that this would turn off weren’t voting for Republicans anyway, no matter what,” said Wesley Hunt, a Black Army veteran and a Republican newcomer to politics who is running for a deep-red Texas House seat.Senate Republican leaders had warned colleagues before the confirmation fight to keep the proceedings civil and cordial, clearly worried that the sight of a phalanx of white Republican inquisitors would turn voters off in an election year. But if Democrats still believe that Judge Jackson’s rough treatment will energize Black voters to come out this November and vote Democratic in big numbers, it appears likely that they will be disappointed.For frustrated voters of all colors who are struggling to pay their bills and fill their tanks, November’s vote may simply be a chance to vote against the party in power.“We are not a monolith,” said Jennifer-Ruth Green, a Black Air Force veteran who is running for Congress in Northwestern Indiana as a Republican. “We see inflation and gas prices. Voters are not stupid.”In Gary, Ind., Roshaun Knowles, 42, a cosmetologist taking a break at the Billco Barber Shop, summed up how the confirmation hearings would play as she considered her vote this fall. She said she had felt despair as an accomplished Black woman was interrogated by white senators who, she believed, lacked Judge Jackson’s intellect and poise.Roshaun Knowles said she had felt despair at the grilling of Judge Ketanji Brown Jackson by Republican senators but was unhappy with President Biden. “He hasn’t been doing anything,” she said. “What has he done?Carlos Javier Ortiz for The New York Times“To be in a room full of white people asking her questions about where she learned what she learned and what she is capable of — you know, it didn’t sit well with me,” Ms. Knowles said. “She should have been treated as a white man would have been treated,” she added.But, she said, vaccine mandates cost her a job as a property manager for a housing authority after she refused to get the shot. Stimulus checks kept too many people out of the work force. And President Biden? “He hasn’t been doing anything,” she said. “What has he done?”Ms. Knowles said she was leaning toward voting Republican this fall, as she did in 2020, when she voted for Donald J. Trump, after voting for Hillary Clinton four years before and for Barack Obama twice.Republicans on the campaign trail and over the airwaves are pressing the image of a faltering Democratic leadership that has no clue how to handle economic uncertainty, the persistent pandemic and rising crime. When Republican officials are asked about the party’s strategy toward Black voters, they invariably call on the few Black Republican elected officials and candidates to make the pitch. But tellingly, Black Republican candidates such as Ms. Green and John James, who is running for a Michigan House seat, are not advertising their party affiliations, just their biographies — a sign that the G.O.P. brand remains toxic in some corners.And Republican outreach efforts amount to little more than seizing on Black disaffection with Democrats.Paris Dennard, director of Black media affairs for the Republican National Committee, said the party had opened eight community centers nationwide to engage Black voters. Candidates like Mr. Hunt are proof that the party’s message is inspiring Black Republicans to run, he said.But a message focused on Democrats’ shortcomings deprives Black voters of hearing about policies they actually want, said Leah Wright Rigueur, author of “The Loneliness of the Black Republican: Pragmatic Politics and the Pursuit of Power.”“It’s an incredibly effective strategy, but it’s also insidious,” said Dr. Rigueur, an associate professor of history at Johns Hopkins University. “It only works when there’s that dissatisfaction with the Democratic Party.”It does work, however, even with Black voters who during the Obama and Trump years were remarkably united behind the Democratic Party.“I don’t think Biden’s really even in office,” Robert Sanders scoffed as he cut hair in Gary, echoing criticism from the political right about the 79-year-old president. “I think he’s being escorted through office.”The softening of Mr. Biden’s approval among Black voters is a clear warning to Democrats. Approval of the president among Black registered voters slid to 62 percent in March from 83 percent last summer in an NBC News poll and was not affected by the Supreme Court fight, said Bill McInturff of Public Opinion Strategies, a Republican polling firm that conducted the survey with the Democratic firm Hart Research.The percentage of Black voters in the poll who said they strongly approved of the president’s performance fell to 28 percent last month, from 46 percent between April and August of last year. And intensity of support predicts turnout in elections.Cornell Belcher, a Democratic pollster who is Black, said polls were picking up a reversion to the days before Mr. Obama energized Black voters positively and Mr. Trump then energized them negatively. Before 2008, he noted, it was normal for 12 percent to 14 percent of the Black electorate to vote Republican.“What is more problematic is the lack of energy levels among younger voters, particularly younger African Americans,” Mr. Belcher said, noting that young voters of color in 2018 had delivered Democrats the House. “It’s a not-excited, disenchanted, frustrated, younger electorate right now, more like the electorate of 2014 and 2010 than 2018 — and that’s disastrous.”Democratic officials say they are responding with Black voter mobilization projects that have started earlier than in previous midterm cycles. Last spring, the Democratic Congressional Campaign Committee hired organizers in five battleground states to focus on key Democratic constituencies. On Thursday, the committee announced a new round of ad purchases with Black news outlets.Chris Taylor, a committee spokesman, said efforts by Republicans to court Black voters were disingenuous given the voting records among those in the party on pandemic relief, criminal justice reform and clean air and water legislation.“Nearly every Republican in Congress opposed our priorities,” said Mr. Taylor, who is Black.Because of gerrymandered district lines, most Republican candidates for the House do not need many — if any — Black voters. But in districts like Indiana’s First, with its narrow Democratic lean and a Republican target on its back, a Republican challenger will need to make inroads with Black voters, or at least hope for soft turnout for Democrats.Mr. Cruz talking with Senator Josh Hawley and Senator Marsha Blackburn during a break in the confirmation hearing for Judge Jackson last month.T.J. Kirkpatrick for The New York TimesJudge Jackson’s rough reception does not appear to be a threat to that hope. Even Black voters who watched the hearings attentively were surprisingly forgiving of her Republican inquisitors.“I don’t think she was treated fairly,” said Greg Fleming, 72, a financial adviser in Gary. “But that’s the way things are in this country. In today’s climate, unfortunately, it’s to be expected.”Like Indiana’s First, Georgia’s Second District still leans Democratic, but if a candidate can chip into its rural Black vote, he has a strong chance. For Jeremy Hunt, an Army veteran and Black candidate running in the Republican primary to challenge Representative Sanford Bishop, a long-serving Democrat who is also Black, the Supreme Court is not part of his calculus.“We can talk about Republicans versus Democrats, but ultimately, that’s not what voters want to hear from us as leaders,” Mr. Hunt said. “There is a huge temptation to get into national-level stuff and make it about what’s going on, you know, on different levels, but a big part of our campaign is keeping it local.”Still, when he talks about what is afflicting local farmers and truckers, Mr. Hunt said, he invariably comes back around to the economy, gas prices and inflation.Black voters were the most likely to say they were personally falling behind because of inflation, according to the NBC News poll. And that is producing anxieties that Republicans are eager to exploit.Representative Byron Donalds of Florida, one of two Black Republicans in the House, said Republicans had nothing to apologize for in the Jackson confirmation process.Stefani Reynolds for The New York TimesRepresentative Byron Donalds of Florida, one of two Black Republicans in the House, said: “We’ve got rich Black people. We’ve got rich white people. We have poor Black people. We have poor white people. If you’re poor in the United States, you’re feeling the effects of $4.30 gasoline. You’re feeling the effects of home heating oil prices that have gone up 60 percent. You’re feeling the impacts of meat and bread and milk, all going up dramatically.”Mr. Donalds said he had watched most of Judge Jackson’s hearings and had seen nothing that Republicans needed to apologize for.“Never once did they go into her personal life,” he said. “Never once did they go into her personal background. Never once were their accusations about her character.”With Democrats disappointing and Republicans offering a weak alternative, some Black voters said they didn’t know where to turn politically.In Gary, Mr. Fleming said he worried about the rising power of the Democratic left wing. But until more Republicans drop their “conspiracy theories” and extreme comments, he said, they weren’t much of an option.“I mean, they thought everything that happened on Jan. 6 was AOK? That’s crazy,” Mr. Fleming said. “If a Mitt Romney-type Republican ran, I could go for that. But Republicans, they’re on another planet right now. I can’t even call them far right. They’re defying gravity.” More

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    How Many Billionaires Are There, Anyway?

    Listen to This ArticleAudio Recording by AudmTo hear more audio stories from publications like The New York Times, download Audm for iPhone or Android.In 1981, Malcolm Forbes, the eccentric and fabulously wealthy magazine publisher, came to his editors with a request: Could they pull together a special issue about the 400 richest Americans? The idea was inspired by Caroline Schermerhorn Astor, the doyenne of Gilded Age New York, who regularly hosted the city’s high society in her Fifth Avenue ballroom, which was said to fit about 400 people. It’s quite possible Forbes saw something of himself in Astor. This was a different era of magazine publishing; Forbes — who wound up making the cut on his own list — lived like a sultan. He entertained celebrities and politicians on a 126-foot yacht called the Highlander. By the end of his run he owned a chateau in Normandy, 12 Fabergé eggs and a collection of hot-air balloons in fantastical designs — one shaped like the Sphinx, one like a bust of Beethoven, one like a Fabergé egg, one like the chateau in Normandy and, of course, one in the image of a sultan, about as tall as his yacht was long.According to a brief history of the magazine written by Malcolm Forbes Jr., better known as Steve, the editorial staff was not pleased with his father’s idea. They conducted a feasibility study and told him it wouldn’t be possible to figure out who these 400 people were. The elder Forbes replied if they wouldn’t do it, he’d find some other journalists who could. “Edit capitulated,” writes his son. The resulting reporting project took a year, dozens of flights and thousands of interviews. At the top of the very first Forbes 400 list was Daniel K. Ludwig, a shipping magnate, estimated by the magazine to be worth more than $2 billion.If you simply adjusted for inflation, that’s now at least $5.8 billion, a fortune that would land Ludwig in a seven-way tie for the 182nd spot on the last Forbes 400 list, alongside Fred Smith, the founder of FedEx; Gary Rollins, chief executive of Rollins, Inc., which owns several pest-control companies; and who could forget Peter Gassner, the head of a cloud-software company called Veeva. Fortunes at this tier hardly seem to merit media coverage anymore. One of Gassner’s most in-depth profiles was published on the blog of the Hacienda Business Park in Pleasanton, Calif., where Veeva keeps its offices. He does not own any hot-air balloons.Since 1987, Forbes has published another list, which started smaller but has grown to be much larger: the World’s Billionaires List. The magazine just published this year’s edition, with a staggering 2,668 names. The task of gathering information for both lists is overseen by Kerry Dolan, an editor at Forbes, in a highly collaborative effort that involves at least 92 different reporters from all over the organization, including from the company’s many internationally licensed editions — Russia, Poland, India and more, each a testament to the triumph of globalized capitalism. Dolan has worked at Forbes for nearly three decades, starting in 1994 covering Latin America, which involved helping out on the billionaires list too. Compiling it was far more laborious back then: “I couldn’t just go online and look at the São Paulo stock exchange and figure out who owned what,” Dolan says. But a financial magazine down in Brazil used to put out a book about all the biggest companies in the country, and she would have a contact in Brazil ship it to her in the States. That would reveal financial information on these companies, and she could go from there.The process has become easier in one sense, because our access to information is so much better; and harder, because there are so many more billionaires. The 2022 World’s Billionaires list, for example, grew by 573 names compared with the last prepandemic list, in 2020. That year, the world was minting new billionaires at a rate, Forbes noted, of about one every 17 hours. At the top of the new list is Elon Musk, with an estimated net worth of $219 billion; behind him is Jeff Bezos, with $171 billion. From there, it goes like this: Bernard Arnault and family ($158 billion), Bill Gates ($129 billion), Warren Buffett ($118 billion), Larry Page ($111 billion), Sergey Brin ($107 billion), Larry Ellison ($106 billion), Steve Ballmer ($91.4 billion) and Mukesh Ambani ($90.7 billion), the richest man in Asia and, I confess, the highest-ranked person on the list I’d never heard of.If you continue down, keeping your eyes on the Americans, most are familiar, names you know from the vast fortunes cast off by Silicon Valley, or Walmart (the wealthiest Walton heirs have around $65 billion each), or Nike ($47.3 billion), or divorcing Jeff Bezos ($43.6 billion), or living longer than Sheldon Adelson ($27.5 billion). But eventually, you start to encounter less-familiar names: Thomas Peterffy, who immigrated from communist Hungary and pioneered computerized stock trading (No. 80, $20.1 billion); Robert Pera, who founded something called Ubiquiti Networks and — this was fun to learn — went to the same state college that I did (No. 127, $14.6 billion); speaking of college, there’s Dustin Moskovitz, who was roommates at Harvard with another guy who had a cool idea for a social network (No. 167, $11.5 billion). Before long, you’re down with the Peter Gassners of the world, and there are a lot of them — America has some 735 billionaires now according to Forbes, collectively worth more than $4.7 trillion. A decade ago, Forbes counted only (“only”) 424. A decade before that, 243. They keep multiplying, and their collective wealth grows, even, or especially, as the rest of us fall behind.Illustration by Andrew RaeSo where are they all coming from? Depends who you ask. An optimist might tell you that an economy producing so many billionaires is an economy that’s growing, which is certainly true of ours. Nothing wrong with that. In the 1950s, the economist Simon Kuznets popularized the idea that inequality was an unfortunate but self-regulating side effect of economic growth; whenever it got too high, Kuznets reasoned, the political process would rein it in. This was known as the Kuznets curve, a parabola that showed inequality soaring before being slowly brought back to Earth through redistribution. Kuznets believed that the richest societies would eventually be the most equal.But in the last 12 years, the American political system has delivered Citizens United, a top marginal tax rate of 37 percent (down from a high of 94 percent in Kuznets’s day) and a billionaire president openly hostile to the democratic process — along with 332 new billionaires. The Kuznets curve has fallen out of favor, too, replaced by something called the Kuznets wave, which shows successive peaks and valleys of inequality. Branko Milanovic, the economist who put forward this revised model, thinks it might take at least a generation to tamp down the current peak.In his book “Ages of American Capitalism,” the University of Chicago historian Jonathan Levy describes the era of capitalism we live in as the Age of Chaos: a time in which capital has become more footloose, liquid and volatile, constantly flowing into and out of booms and busts, in contrast to the staid order — and widely shared prosperity — that characterized the industrial postwar economy. Levy begins the story in 1981, the same year Forbes thought of his list. That was the year the Federal Reserve, under its chairman, Paul Volcker, raised interest rates to 20 percent with the goal of ending inflation. Volcker’s Fed succeeded at that, but the decision, Levy notes, had far-reaching consequences besides, accelerating America’s transition away from the production of goods to a form of capitalism never seen before. The dollar skyrocketed in value, making American exports even less attractive and imports even cheaper; many factories that remained profitable were closed, because compared with the incredible returns money could earn in such a high-rate environment, they simply weren’t profitable enough. When the Fed began to loosen its grip, the widely available credit unleashed a speculative bonanza, which benefited a newly empowered corporate class that felt little obligation to the work force and profound obligations to shareholders.The Great ReadMore fascinating tales you can’t help but read all the way to the end.Brash and funny, Emily Nunn uses her popular Substack newsletter, The Department of Salad, to hold forth about ageism, politics and, oh yes, leafy greens.For years, a virus hunter worried about animal markets causing a pandemic. Now he’s at the center of the debate over Covid’s origins.A few years ago, Nicola Coughlan was working in an optician’s office in Ireland. Now, with “Bridgerton” and “Derry Girls,” she’s starring in two of the most beloved shows on Netflix.Typically the economy expands when investments are made in productivity, but this expansion was different: It was, Levy writes, “the only one on record, before or since, in which fixed investment as a share of G.D.P. declined.” In other words, our industrialists were investing less in productive stuff — ships, factories, trucks — while making more money doing so. In fact, they were often tearing that stuff up and shipping it abroad; this was the age of the corporate raiders, who would book enormous profits while putting Americans out of work. You can see this, in crude terms, as the birth of the Wall Street-Main Street divide: a severing of the finance industry from the “real” economy.This shift to a highly financialized, postindustrial economy was helped along by the Reagan administration, which deregulated banking, cut the top income tax rate to 28 percent from 70 percent and took aim at organized labor — a political scapegoat for the sluggish, inflationary economy of the ’70s. Computer technology and the rise of the developing world would amplify and accelerate all these trends, turning the United States into a sort of frontal cortex for the globalizing economy. Just as important, the tech revolution created new ways for entrepreneurs to amass enormous fortunes: Software is by no means cheap to develop, but it requires fewer workers and less fixed investment, and can be reproduced and shipped around the world instantaneously and at practically no cost. Consider that the powerhouse of 20th-century capitalism, Ford Motors, now employs about 183,000 people and has a market capitalization close to $68 billion; Google employs about 156,000 people and has a market cap of around $1.8 trillion. This new economy would be run by, and for, knowledge workers, who would reap most of the gains, and therefore have more money to spend on services — a sector that would come to sort of, but never fully, replace the manufacturing this transformation did away with.“During the Reagan years,” Levy writes, “something new and distinctive emerged that has persisted down to this day: a capitalism dominated by asset price appreciation.” That is, an economy in which the rising price of assets — stocks, bonds, real estate — would be, somewhat counterintuitively, a fuel for economic growth. It has been a good time, in other words, to own a lot of assets. And owning assets is mostly what billionaires do.In his book “Capital in the Twenty-First Century,” the French economist Thomas Piketty notes that the new economic order has made it difficult for the superrich not to get richer: “Past a certain threshold,” he writes, “all large fortunes, whether inherited or entrepreneurial in origin, grow at extremely high rates, regardless of whether the owner of the fortune works or not.” He uses the examples of Bill Gates and Liliane Bettencourt, the heiress to the L’Oréal fortune. Bettencourt “never worked a day in her life,” Piketty writes, but her fortune and Gates’s each grew by an annual rate of about 13 percent from 1990 to 2010. “Once a fortune is established, the capital grows according to a dynamic of its own,” Piketty notes, adding that bigger fortunes tend to grow faster — no matter how extravagant, their owners’ living expenses are still such a small proportion of the returns that even more is left over for reinvestment.Piketty was writing in 2013, while the economy was still recovering from the financial crisis of 2008. That recovery was buoyed by several years of near-zero interest rates, kept there by the Fed on the theory that, with credit widely available, the economy would regain its health. But low interest rates do two things: They push investors into riskier territory seeking better returns (and ideally creating jobs in the process); and they inflate the value of assets. Private equity and venture capital benefited greatly from this low-rate environment, helping both Silicon Valley and the financial engineers of Wall Street clean up once more. Even in less-dynamic sectors of the economy, the cheap money enabled an explosion in stock buybacks, some $6.3 trillion worth during the 2010s, or about 4 percent of our G.D.P. over the same period — more than we currently spend on defense. This, too, made asset owners richer.The Trump years supercharged another bull market that would be supercharged again, paradoxically, by the Covid pandemic. When the Fed and Congress stepped in to prop up markets and assist the economy, they fueled yet another boom in asset prices — this time with more everyday Americans trying to get a piece of it, investing in everything from Tesla options to JPEGs of apes. The retail investors have seen winners and losers among them, while the billionaire class as a whole has absolutely flourished. Over the last five years, Jeff Bezos’ fortune has more than doubled; Elon Musk’s, fueled in part by retail investor exuberance, has grown by a factor of 20.Illustration by Andrew RaeNothing special happens when you become a billionaire. There isn’t a little red light that flips on at I.R.S. headquarters. At the low end, it’s not even a stable status; market fluctuations push people in and out of billionairedom every day. What’s incredible is how little information we have a right to know about them, these 735 Americans who have amassed, at minimum, the G.D.P. of a small island nation. We can know only what they share — or can’t hide — from journalists. And certainly some are better at hiding than others.I asked Dolan what her profile is of a billionaire whom she’d never find. She told me it’s someone who quietly sold a stake in a business for, say, $250 million in the ’90s, then invested it well. Today, a guy like that could use his wealth to do whatever he wanted: buy truckloads of Nazi memorabilia, try to persuade your mayor to privatize the city’s sewers or maybe both, and you’d be none the wiser. And in fact, he wouldn’t even have had to be all that smart with his money. If he parked $250 million in an S.&P. tracking index fund in 1992 and left it alone, he’d be worth more than $4 billion today. (Dolan cautioned that no one would be quite crazy enough to put all his money in the market; nevertheless.) He would have slipped through the billion-dollar barrier like an Olympic diver. And now he’s just a guy with an insane Schwab account, some interesting ideas about sewage treatment and the world’s largest collection of authentic Totenkopf rings.The easiest sort of billionaire for Dolan to handle is one whose wealth derives from his ownership stake in a publicly traded company, probably one he founded, though possibly one he inherited. Anyone who owns more than 5 percent of a company’s shares must disclose that fact, along with the exact number of shares they hold. But once you’re past what’s discoverable in the public markets, these figures are pretty much just a combination of reporting and educated guesses. Many billionaires, for example, have equity in companies that have not yet and may never make an I.P.O., at least not at their current valuations; if they do, they may make even more. Many own stakes in regular old privately held companies that are worth billions, selling shoes (New Balance), or hardware (Menards), or candy (Mars) — all of these have created billionaires. To arrive at a value for these firms, Forbes compares them to similar companies that are publicly traded. All alleged billionaires are given an opportunity to comment on the magazine’s claims. Some share more detailed information; most don’t.In 2012, Bloomberg started a billionaires index of its own by hiring reporters from Forbes. It now covers the top 500 in the world, and updates every day. Forbes, too, has a live ranking of billionaires that updates with the markets, and just a quick glance at the top 10 shows considerable differences in the estimates. Bloomberg agrees that Musk is now the wealthiest man on the planet, for example, but estimates his net worth to be about $15 billion lower than Forbes does. By the No. 7 spot, the rankings diverge, and Bloomberg places Sergey Brin ($119 billion) where Forbes has Larry Ellison ($115.7 billion).Some differences between the Forbes and Bloomberg lists are simply products of different reporting and differing methodologies. Bloomberg’s methodology is considerably more transparent than Forbes’s, but its published list is one-fifth the size of the Forbes list (for now) and its newsroom much bigger. For each of the 500 billionaires, Bloomberg offers a one-to-five-star ranking based on its confidence in the estimate, with those who cooperate with the reporting process and whose assets are held mostly in publicly traded companies getting five stars (only a handful have the honor), and those whose assets are hidden or illiquid scoring lower. And yet, for all its precision, Bloomberg’s list has one intentional flaw: It does not contain Michael Bloomberg, the founder and majority owner of Bloomberg L.P., a distinction that has made him a billionaire many times over. Some 82 times, to be exact, at least according to the latest numbers from Forbes.Today, Bloomberg’s Wealth desk is run by an Englishman named Pierre Paulden, who oversees more than 25 reporters and editors, though the team often taps into the organization’s broader newsroom of 2,700. Paulden, like Dolan, has noticed over the years that fewer and fewer billionaires want to be discovered. In fact, when unknowns do announce themselves to the press as billionaires, Paulden and his team regard their claims with great caution: “Most of the time now, the type of fortune that we’re trying to find, they don’t really want you there,” he says.Paulden’s desk has turned up some enormous hidden fortunes in recent years. They dug into Leo KoGuan, a Singaporean businessman, after he went on Twitter one day and claimed that he was the third-biggest shareholder in Tesla. “And then he went dark,” Paulden says. He eventually resurfaced, and they were able to confirm his holdings, in what Paulden calls a “global effort,” both by looking at his financial records and by talking to his business associates. Similarly, Bloomberg broke the news that Changpeng Zhao, the chief executive of the crypto exchange Binance, was much richer than anyone knew: He was the 11th-richest person on the planet. When they published the story, they estimated his fortune to be $96 billion, noting that it was most likely higher: They didn’t even include any of his personal crypto holdings in the figure.Both Bloomberg and Forbes consider themselves conservative in their estimates of billionaire wealth. And in fact, there exists yet another billionaire census, done by a research company called Wealth-X, that is considerably less so. In 2021, it counted 927 billionaires in the United States — some 203 more than Forbes did. It doesn’t name any of them. Perhaps they’re right about these 203 unnamed billionaires. Perhaps not. It’s frustrating to not know — to know you can never know for sure — but even more frustrating to know that knowing wouldn’t change a thing about it.Illustration by Andrew RaeLast summer I was wandering around the neighborhood where I grew up in San Francisco, one substantially changed over the last decade, like every corner of that city, by the enormous fortunes generated in Silicon Valley. San Francisco is now home to 81 billionaires, at least according to Wealth-X. That’s almost two per square mile, or about one for every 10,000 residents — the highest concentration in the world. As I was walking, I came across a homemade sign hung in the window of an old Edwardian. It read: NO BILLIONAIRES! $999,999,999.99 IS ENOUGH ALREADY! The sentiment was comically San Franciscan: stridently in line with contemporary liberal values, and at the same time openly tolerant of extreme inequality. Why would it be OK for someone to have $999 million and not a billion? What really happens when that last penny pushes them over the line?It can feel as if we live in an era defined by rage at billionaires, but most Americans actually don’t have much appetite to eat the rich. We did, quite recently, elect a billionaire to the presidency. In January 2020 and then again in July of last year, Pew surveyed Americans to see if they thought billionaires were good for the country, bad for the country or neither. In 2020, 58 percent of respondents said they were neither. A year and a half into the pandemic, the number had barely budged (it dropped to 55 percent, within the margin of error). Some 29 percent think they’re bad; 15 percent think they’re good. It’s not exactly October 1917 out there.Still, one cohort stood out: 18-to-29 year olds. Fully 50 percent of them believe billionaires are bad for the country. And is it any surprise? This is a generation that has grown up paddling in the chop of the economy that produced all this disordered wealth: working (or failing to find work) in industries that have been financially engineered into ruin by the fleece-vest guys of Midtown or upended by software that made some nerd so rich his grandchildren’s grandchildren will live like princelings, and either way paying obscene rents to millionaire landlords who were smart enough to be born 20 years before them. Billionaires are, from this perspective, the purest distillation of the brutality and stupidity of arranging a society this way.As the ultrawealthy have multiplied, some Americans have drifted toward a sort of billionaire Gnosticism, a sense that we live in a fallen world run by a demonic group of plutocrats. On the right, you have the whole unseemly George Soros thing, in which one man is imagined to be the devious puppet master behind everything from Central American migrant caravans to the George Floyd protests. Though not personally a billionaire, Klaus Schwab, the head of the World Economic Forum at Davos, has been reimagined as a sort of Bond villain serving their interests, plotting to make you live on cricket meat as part of something called the Great Reset. On the left, the disturbing revelations about Jeffrey Epstein, and his connections to several billionaires, have led to fevered speculation about the sources of his wealth and the circumstances surrounding his pretrial suicide.But you don’t need to think of any individual billionaire as evil to find the sheer concentration of power they have disturbing. On the contrary, one of the scariest things about our billionaires is that they’re really just people, with all the frailty that entails. Think about Musk’s desperate outing as an “S.N.L.” host. Or Gates’s lame efforts at dating in middle age. Bezos’ corny sexting. Zuckerberg’s uncanny approximations of normal behavior. Tom Steyer’s and Bloomberg’s doomed presidential campaigns, both in the same cycle, both to unseat another billionaire who lost anyway. There really are some things money can’t buy, and our billionaires demonstrate this just as often as they prove the converse.Of course, there is also a lot that money can buy. Not just yachts and Picassos but also lawyers, politicians, silence. You can finance a lawsuit against a website you don’t like, and make it disappear. You can commission a yacht so big that it can’t get to sea unless you disassemble a bridge; you can offer to cover the costs of bridge disassembly. You can fund a libertarian uprising against the sitting president and derail his agenda. You can launch a car into space. There’s a very good reason the genie forbids wishing for unlimited wishes.I witnessed the dizzying effects of this caprice firsthand about a decade ago. I was working at a sceney restaurant in Manhattan when an ultrawealthy customer came in twice in the span of about a month. I was told at the time that he was a billionaire, though I can’t say for sure whether he really was. He certainly seemed like it. On the first occasion, he spent something like $10,000 on wine, tipping 20 percent on top of that, adding some $2,000 to the tip pool. Each waiter made $600 that night. It nearly covered my rent for the month.Then, not long after, he sat down in one of my banquettes. This caused a small flurry of action: The maître d’ let me know who he was, and the sommelier urged me to send him over as soon as he expressed any curiosity about wine. I went over and told him and his companion about the night’s specials and took their order. I’ll never forget what he asked for: the burger. Anything to drink? I asked, still anticipating victory. Yes, he said. A glass of the cabernet.I think he spent about $100 that night, as was his right. Because in addition to being insanely wealthy, he was also just some guy. And sometimes all a guy wants is a cheeseburger and a drink.The issue with billionaires is not that they’re sociopaths, though certainly some are. It’s that their power comes with no accountability. They dwell — or don’t dwell, as is often the case — above the clouds in supertall skyscrapers. They fly to private islands on private jets and do God-knows-what there. Their yachts remind us that, no matter what the paperwork says, they’re citizens of no nation; that if we try to fix them in place, they can just go elsewhere. They become enamored of certain ideas — fixing African agriculture, resurrecting von Mises and Hayek, terraforming Mars, being the president — and can spend nearly unlimited sums in the pursuit of making them a reality.Even if they fail at any or all of it, they will remain billionaires, and there’s not much you can do about it. They’re not elected to the role, so you can’t vote them out of it. They didn’t become billionaires by cashing paychecks, so there’s no one you can harass into firing them. They didn’t break the law to make a billion dollars — at least usually not — so you can’t drop a dime on them. They have more money than God, as the saying goes, so even he is of no use.And until something changes, we will live in a nation that is substantially warped by the gravity of their fortunes.Willy Staley is a story editor for the magazine. More

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    These Days, ‘Help Wanted’ Has So Many Meanings

    Gail Collins: Bret, let’s relax and talk about long-term goals that we totally do not share. For instance, how would you feel about raising the minimum wage to $15 an hour?Bret Stephens: Why not raise the standard of living for everyone by making the minimum wage $100? Just kidding. I think the correct figure is $0.Gail: If your goal is a self-supporting populace that doesn’t depend on government aid, you’ve got to make sure employers are shelling out at least minimal survival salaries. The current bottom line is $7.25 an hour. Nobody can live on that.Bret: I’m taking my $0 cue from a famous Times editorial from 1987, which made the case that “those at greatest risk from a higher minimum wage would be young, poor workers, who already face formidable barriers to getting and keeping jobs.” The editorial may be old but the economic logic is right. Raising the minimum wage is a well-intentioned idea that won’t help its intended beneficiaries. It will hurt them by giving companies like McDonald’s additional incentives to move toward even more automation.Tell me why I’m wrong.Gail: Well, I could quote an editorial from 2020 that said raising the minimum wage “ought to be a priority of economic policymakers ….”And you know, I was once the Times Opinion editor, and the editorial page does evolve in its outlook. Back when the Civil Rights Act passed in the 1960s, our editorial writers made fun of the idea of applying it to gender employment discrimination, theorizing that federal enforcers “may find it would have been better if Congress had just abolished sex itself” and warning it could lead to male Bunnies at the Playboy clubs.Bret: I’m sure we agree that The Times has been wrong about many things in the past — and might even be wrong about a thing or two in the present. I’m still not seeing how the economics have changed since the 1980s.Gail: A higher minimum wage might cause some employers to reduce the number of jobs, at least temporarily. But the danger there is always way overplayed, and those higher-paid minimum wage workers will be spending their new money to lift the economy.Bret: We are living through a period of deep labor shortages, especially in service industries, that allows workers to bargain for higher wages. That makes raising the minimum wage a faulty solution to a fading problem. But I see your point, and this is one of those issues on which conservatives and liberals will argue forever — or at least until automation and robots make it moot.Gail: Meanwhile, on a totally completely different subject, last week we missed the chance to converse about The Slap. Any lingering thoughts about Will Smith hitting Chris Rock at the Oscars?Bret: The truly nauseating part was the standing ovation Smith got for his interminable, self-pitying acceptance speech after hitting Rock. It’s a good reminder of why the American romance with Hollywood is coming to an end, as our colleague Ross Douthat reminded us recently. The best thing the Oscars could do now is to cancel itself.Gail: I have to confess, my husband and I are really into the Oscars. Not the program, which I acknowledge is frequently dreadful. But all the run-up publicity encourages us to catch some fine movies in the more obscure categories like foreign films. I’ll bet you haven’t seen “Lunana: A Yak in the Classroom.”Bret: Should I? The only movie I’ve seen in ages is “King Richard,” which, I have to admit, I liked.Gail: I truly hated Will Smith’s performance in “King Richard.”Bret: Really?Gail: Really, from the start. Don’t know why he turned me off, but acting-wise, I’d go with the yak from Lunana every time.As to The Slap, one of the many things that ticked me off was the whole gender aspect. If a female comedian made fun of an actor’s hair loss, would anybody expect his wife to come storming up and slug the offender? No, in part because a guy going semi-bald is regarded as normal. In part because physical violence is still sort of accepted for men.Bret: If the other Rock, Dwayne Johnson, had made the same joke in Chris Rock’s place, it would have been interesting to watch Smith try to slap him.Gail: Chris Rock’s joke was in bad taste the way a lot of the jokes you hear in public performances are in bad taste. It’s presumed that some people’s feelings may get hurt. Someday I’m going to make a list of all the age-related laugh lines comics in their 40s make about people who are older.Bret: Speaking of tasteless jokes, how about Madison Cawthorn?Gail: You mean the part when the young congressman from North Carolina claimed Washington was a wild place where people he admired invited him to orgies and snorted cocaine? I want to say right off the bat that Cawthorn’s behavior should not be a blot on the reputation of 26-year-olds in general.Bret: To fall afoul of House Republican leader Kevin McCarthy, as Cawthorn did, is like having George Carlin rebuke you for an excessively foul mouth.Gail: Cawthorn’s Republican colleagues in the House sure are ready to dump him, but Donald Trump seems to still be in his corner.Sort of amazing how consistent our former president is in gravitating to the worst politicians imaginable.Bret: If by some miracle Democrats hang on to one or both houses of Congress this November, it will be because of Cawthorn, Paul Gosar, Marjorie Taylor Greene, Lauren Boebert and other would-be G.O.P. candidates trying to be just like them — the Radioactive Republicans. Trump’s embrace of these characters diminishes his chances of being renominated in 2024.In that respect, my money is on Ron DeSantis, the governor of Florida, winning the Republican nomination and facing the governor of Michigan, Gretchen Whitmer, in the general, with Senator Tim Scott of South Carolina and Senator Michael Bennet of Colorado as their respective running mates. Placing any bets of your own?Gail: Impressed by your long-range thinking. If for some reason Trump doesn’t run again — which I can’t really imagine — DeSantis certainly has positioned himself to be next in line. By being as loathsome as possible. I find him completely appalling, but you’re mainly opposed to him as a Trump backer, right? How would you rate him as governor?Bret: I’m no fan of the “Don’t Say Gay” bill. But Democrats underestimate DeSantis at their peril. Florida is hopping, Miami feels like the hottest destination in the country and, barring some scandal or mishandled crisis, DeSantis is going to crush his most likely Democratic opponent, Charlie Crist, in his race for re-election this fall. He also has a genius for baiting liberals and the media and he’s figured out a way to triangulate between the evangelical, business and Trumpian wings of the Republican Party.Long and short of it: If Biden doesn’t dramatically turn his presidency around to boost the Democratic brand and Trump doesn’t torpedo DeSantis’s candidacy out of spite — two big ifs, I’ll admit — DeSantis is going to be awfully hard to defeat in a general election. How would you propose to beat him?Gail: As far as his current re-election race in Florida goes, this is one of those contests where the impartial experts, asked to comment on the opposition’s chances, say things like “There’s always hope.” Don’t think I’m going to invest any energy in dreaming of a DeSantis defeat this year. But definitely going to keep watching him warily on the national level. I’m kinda fascinated that right now he’s at war with Disney over the Magic Kingdom’s defense of gay rights. Who’d have thought?Bret: Strange to say this, but one of the few things Trump did to the G.O.P. that I liked was try to push it to embrace gay rights. So much for that.The larger question here is how far private companies like Disney should go to take politically divisive positions, especially when corporate executives are dealing with a more politically active work force. My general sense is that it’s a bad idea for them to do so — but an even worse idea for politicians to punish them for essentially making business decisions. If people are offended by Disney’s stances, they’re free to skip Disney World.Gail: Florida aside, it’s gonna be a heck of an election year. One of my own fascination points is Ohio, my old home state, where there seem to be more Republicans running for the Senate than squirrels in Central Park. Recently one of them tweeted that when it comes to Ukraine, “We’ve got our own problems.”Bret: You’re referring to J.D. Vance of “Hillbilly Elegy” fame, whose political views seem to spin about as fast as the revolving doors at Macy’s. The last time I saw him, right before the election in 2016, we were on Fareed Zakaria’s show agreeing that Donald Trump should lose. One of us stuck to his guns.Gail: Any contest you’re focused on at the moment? If you want a break until the end of March Madness, I would totally understand …Bret: The only contest that really matters to me right now is the one between Volodymyr Zelensky and Vladimir Putin, between democracy and darkness. On this, I’m happy that you and I and most Americans are on the same page — whatever people like Vance, Tucker Carlson and the rest of the mental wet-burp gang happen to think.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

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    Battleground Nevada

    The state will help determine Senate control in this year’s midterm elections. Nevada, perhaps more than any other state, has showcased the potential for a more diverse America to move the country’s politics to the left. Rising numbers of Asian American and Latino residents have helped Democrats win the state in the past four presidential elections. The party also holds both of Nevada’s Senate seats.How Nevada’s population has changed More

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    Ted Cruz Knows Which Side He’s On

    Bret Stephens: Hi, Gail. I think many Americans would give President Biden reasonably high marks for his handling of the war in Ukraine so far. His speech in Poland, in which he said, “For God’s sake, this man cannot remain in power,” may have been provocative, and it might have his advisers scrambling to soften it, but it was right, and the right message to send about what should become of Vladimir Putin’s foul regime.Yet Biden still reminds me of George H.W. Bush, who handled the big foreign policy crises of his day with aplomb but wound up as a one-termer. What do you think of the comparison?Gail Collins: Hey, isn’t it interesting to recall that when Bush was fighting to get Saddam Hussein out of Kuwait in 1991, the big American ally was Russia? Those were the days, I guess. Just noticed that a Gallup poll found that right after the war, Bush had an 89 percent approval rating.Bret: Bush had the advantage of not having to face down a nuclear-armed adversary — thanks to an Israeli strike on Saddam Hussein’s nuclear reactor a decade earlier.Gail: And yet he got defeated for a second term by Bill Clinton. We could discuss the possibility of Biden suffering a similar fate — perceptions of a bad economy trump strong foreign policy. Except that Clinton’s genius was in portraying himself as a Democrat who normal Republicans didn’t have to fear. Very, very doubtful the next Republican presidential nominee is going to be able to turn that trick.Do you really think Biden would be walloped if people actually had to compare him to Trump, one on one, presuming the two of them ran again?Bret: I continue to have a hard time believing that Biden intends to run again, when he’s 81. I also don’t think Trump’s going to run — he’s damaged himself more deeply than he probably realizes with his imbecile praise of Putin and his continued election denialism.Gail: This scenario presumes Trump bows to reality. Hehehehehe. Sorry, continue.Bret: Fair point.Assuming your hypothetical turns out to be right, I’d probably place a small bet on Trump winning a rematch, awful as that is. I know Ronald Reagan and Bill Clinton were able to turn their presidencies around after difficult starts. But both men were naturally gifted political figures in a way Biden just isn’t. Both men were in touch with the center of American politics in a way Biden should be, but isn’t, because he steered too far to the left in his first year. And both men were sailing into calmer seas, economically speaking, as they prepared their re-election campaigns, whereas I don’t see inflation being tamed except at the price of a very steep recession.Would you bet on Biden in a rematch?Gail: Yeah, but I don’t think Biden is going to run. Although he’d be crazy to formally announce this soon and turn the bulk of his presidency into a lame-duck limp.Bret: Don’t agree that he should wait to announce, but that’s an argument for another time.Gail: And I don’t think his problem is steering too far to the left. His problem is that he doesn’t — never did have — that political genius for selling the country, or even his supporters, on a big message.Bret: Give ’em hell, Harry, he is not. But it looks like he’s trying with his plan to tax the very rich. Which … well, what do you think of it?Gail: Ah, Bret, our most reliable, perpetual disagreement. Yeah, given the fact that the richest Americans are now paying an effective tax rate around 8 percent, I would say a minimum of 20 percent on households worth more than $100 million is not a burden.Bret: Probably won’t get past the Senate, may be ruled an unconstitutional wealth tax by the Supreme Court and is reminiscent of the Alternative Minimum Tax, which was supposed to hit only a handful of high-flyers in the 1970s but wound up taxing far less wealthy people. But the proposal could still be … popular. Anything else you’d like to see him do?Gail: I’d also be happy to see him lead a quest to control prescription drug prices: Let Medicare negotiate with the pharmaceutical industry and cap the cost of certain medications, like insulin. It’d be a debate people could really get into.Bret: I think job No. 1 for Biden is to make sure Putin experiences unmistakable defeat in Ukraine. A stalemated truce in which Russia steals more of Ukraine’s coastline, ports and energy riches will only entice Putin to create further crises so that he can “solve” them in exchange for Western concessions. I also think we should accept more than 100,000 Ukrainian refugees; we should welcome as many who want to come here with open arms.Gail: We should talk more about the refugees long term, but of course the immediate challenge is to support them in every way possible.Bret: If Romania can take in more than half a million refugees, we can take in at least as many.Gail: Not going to argue, but right now back to domestic matters …Bret: Biden’s other big task is doing what he can to ease the burden of inflation. We both know that’s mainly a job for the Fed. But the government can still ease all kinds of regulatory burdens that constrict supply chains, like employing members of the National Guards to make up for the trucker shortage. I’m also in favor of the proposal from Maggie Hassan and Mark Kelly — both Democratic senators — to suspend the federal tax on gasoline for the rest of the year, though I would only reinstate it once the price of gasoline falls below $3.50 a gallon, no matter whether that happens before November or after. Gas taxes are really regressive once you stop to think of the bite they take out of the pockets of working-class people who drive back and forth to work.Gail: Short-term gas price relief would be great, as long as it’s combined with long-term plans to fight climate change with energy-efficient cars and more mass transit. Although I know the latter tends to cause many conservative conservatives to shudder.On a completely different but totally fascinating topic: Ginni Thomas. Wife of a Supreme Court justice and now revealed as a very aggressive, deeply crazy activist in the Trump-really-won sideshow.Should we worry about her? Is she dangerous or just astonishingly weird?Bret: Depends on whether you think that being a fever-swamp conservative is dangerous, weird or just the depressing new normal. “All of the above” is also a possibility. Mrs. Thomas attended the “Stop the Steal” rally on Jan. 6. She urged the Trump team to feature Sidney Powell, the lawyer with bizarro theories about voting machine fraud. And she wrote Mark Meadows, Trump’s chief of staff, some texts right after the election was called for Biden, telling him to “stand firm” against “the greatest Heist in our History.”All of which says to me that I’m glad I’m not the one who gets to hang with Ginni Thomas, but de gustibus non est disputandum, as they used to say. Do you think her behavior should require Clarence Thomas to recuse himself in some cases?Gail: If they get an overturn-the-election case, or even anything relating to the Jan. 6 riots, I would say he’d either have to recuse or be impeached. Otherwise it’s hard to imagine enough pressure building. But I’d be happy to hear I’m wrong. What do you think?Bret: He’d have to recuse himself in those kinds of cases, because the appearance of a conflict of interest is now overwhelming. That said, if every public official were on the hook for nutty things done or said by spouses or family members, it would probably have unintended consequences nobody would like. For instance: Hunter Biden.Gail: I will refrain from dipping back into our Hunter Biden argument except to point out that some experts think he’s getting a reasonable price for his artwork these days. Lips sealed …Bret: But speaking of the Supreme Court, did you watch the Senate hearings for Judge Ketanji Brown Jackson? How do you think she did?Gail: Better than great.Bret: Agree. I don’t think her confirmation is in any doubt, especially now that Joe Manchin has come out in her favor, but I enjoyed watching her politely making mincemeat of Ted Cruz, who is a one-man reminder of why sentient people hate politicians. If Republicans were wiser, they’d register their disagreements with some of her positions but vote to confirm her on the principle that she’s fully qualified to serve on the high court. But … they won’t.Gail: Also watching the dreaded Marsha Blackburn asking Jackson to define “woman.” Glad we agree that Republicans aren’t wise.Bret: In the meantime, Gail, it looks like we have a new superinfectious sub-variant of Covid to keep us awake at night. Forget Omicron, now we’ve got Omigod.Gail: I’m going with Dr. Fauci’s theory that it’s not something to get frazzled about. Unless, of course, you haven’t been vaccinated, in which case there’s probably not any point in having a conversation.But I am appalled that Congress didn’t approve the $15.6 billion Biden wanted for tests, treatments and research on vaccines for new variants. If I’m going to side with the throw-away-masks crowd, I’m also going to side with the fund-the-support-system gang.Bret: If we’re going to start thinking of Covid as a relatively normal illness, maybe we need to stop treating it like a national emergency. What do you say we argue about this another day?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

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    Bracing for Losses, Democrats Look to Biden for a Reset

    At a party retreat in Philadelphia, House Democrats hoped the president would offer a winning strategy heading into a challenging midterm election season.PHILADELPHIA — House Democrats planned a retreat here this week hoping for a reset after a difficult period during which President Biden has been buffeted by rising gas prices, soaring inflation and sagging approval ratings.Instead, they arrived in buses in the middle of the night after the president’s latest coronavirus aid package collapsed in Congress late Wednesday, a grim reminder that his legislative agenda has stalled on Capitol Hill as they head into a midterm election season in which they are bracing for big losses.One year to the day after the enactment of Mr. Biden’s $1.9 trillion stimulus plan — a law that remains broadly popular even if the president, at the moment, is not — Democrats are toiling to retool their message and refocus their agenda. They are worried that the accomplishments they helped deliver to Mr. Biden are being drowned out by concern over the rising price of gas and a focus on their legislative failures.And they are looking to the president, who addressed them at the retreat on Friday, to help them reframe the conversation.“This may be the most important off-year election in modern history,” Mr. Biden told lawmakers on Friday afternoon. If Democrats lose their majorities in the House and the Senate, he said, “the only thing I’ll have then is a veto pen.”The president outlined his administration’s achievements over the past year, noting that few pieces of legislation have had the impact of the stimulus plan he proposed during his first month in office. He criticized Republicans for wrongly blaming him for gas prices.But it was not clear from his remarks how Mr. Biden planned to help his party refashion its message before November.Gone was the talk of a transformative agenda to remake the country’s social safety net, which was once a centerpiece of Democrats’ sales pitch to voters. The words “build back better” were all but forbidden among the groggy lawmakers who arrived in Philadelphia in the wee hours of Thursday morning.Speaking to reporters, Representative Pramila Jayapal of Washington, the chairwoman of the Congressional Progressive Caucus, joked that the slogan for Mr. Biden’s defunct social policy and climate bill had become like the evil Voldemort in “Harry Potter”: that which must not be named.Representative Pramila Jayapal of Washington, the chairwoman of the Congressional Progressive Caucus, said the president could use executive actions to address the issues voters care about before the midterm elections.Alex Wong/Getty ImagesInstead, after a year of supporting his agenda, House Democrats have pivoted to beseeching Mr. Biden to act on his own through executive actions to address the outstanding issues they care about before they face voters in November.Ms. Jayapal said the president could pass executive actions to cap the price of insulin, raise the overtime eligibility threshold to increase wages for tens of millions of people, and fix the so-called family glitch in the Affordable Care Act, which can make it impossible for some workers with modest incomes to afford health insurance.Representative James E. Clyburn of South Carolina, the No. 3 Democrat, said he recently met with White House officials to discuss executive actions that Mr. Biden could take to protect voting rights and overhaul policing after the demise of his efforts to pass major legislation tackling both issues. And Representative Raul Ruiz, Democrat of California and the chairman of the Congressional Hispanic Caucus, said he wanted the president to use his executive power to raise the cap on the number of refugees who can be resettled in the United States this year.Other lawmakers said they hoped a shift to the center debuted at Mr. Biden’s State of the Union address last week, along with strong support for his handling of the war in Ukraine, would be enough to persuade voters that Democrats were focused on kitchen-table issues.“We care about everyday Americans, and they don’t,” Representative Hakeem Jeffries of New York, the chairman of the House Democratic Caucus, said when asked to sum up his party’s pitch to voters.The retreat was the group’s first in-person gathering in three years and a chance for Democrats — who have seen 31 colleagues opt to retire — to talk up their achievements and compare notes on how to move forward.“We have passed two major pieces of legislation that, in any other Congress, would have been historic in and of themselves,” said Representative Steny H. Hoyer of Maryland, the majority leader, referring to the American Rescue Plan and the bipartisan infrastructure bill.He acknowledged that the landscape might look bleak, but he said the political environment this summer would matter more.“The polls don’t look particularly good now,” Mr. Hoyer said, “but that’s happened in the past.”Representative Sean Patrick Maloney of New York, the chairman of the Democratic Congressional Campaign Committee, said on Thursday that keeping the majority depended on speaking to voters in a way that was not too preachy or condescending.“We spent a bunch of time talking about attributes in addition to issues,” Mr. Maloney said of a closed-door presentation he delivered on Thursday. “Whether voters think we care about them, whether they think we share their values, whether we have the right priorities.”Every vulnerable Democrat, Mr. Maloney said, was “in the business of having to say, ‘You may not like everything about my political party, but I’m getting it done.’”Some of the moderate Democrats whose seats are most at risk said the tone of the president’s State of the Union address — in which he underscored funding the police, capping the cost of insulin and fighting the opioid epidemic — raised their hopes that he had moved away from simply championing progressive proposals that pleased the party’s left flank but could alienate constituents in conservative-leaning districts like theirs.“Veterans, opioids, these are things we can come together on,” said Representative Josh Gottheimer of New Jersey, one of the 32 Democrats identified by the Democratic Congressional Campaign Committee as running for re-election in a competitive seat. “Ukraine is part of the unity message. That is what I think our caucus is hungry for, especially those of us who believe in the value of reaching out to Democrats and Republicans, and it’s certainly what we’re hearing back at home.”That appeared to be the administration’s focus before Mr. Biden’s appearance in Philadelphia on Friday, as his team worked to highlight positive economic indicators.On Tuesday night, administration officials circulated among House Democrats a slide show about deficit reduction, noting that Mr. Biden had lowered it by $360 billion in 2021. White House officials have also been promoting record job growth, while making clear that getting prices under control remains the president’s top priority.Still, vulnerable Democrats said that was not necessarily enough to bolster their political fortunes.“The metrics are strong — employment, wages — but that doesn’t matter,” said Representative Dean Phillips, who represents a suburban Minneapolis district that was long held by Republicans. “What matters is how people feel.”Mr. Biden’s new message has also angered and concerned some progressives, who fear that their priorities were being pushed to the margins.“People say the speech was unifying — unifying because it brought white moderates and white independents back,” said Representative Jamaal Bowman of New York, who is Black, referring to Mr. Biden’s State of the Union address. “I was sitting there, like, ‘Damn, again?’”He added: “George Floyd is dead. There’s no national database for police misconduct.”“It’s lazy and unacceptable for the president of the United States to only keep the conversation at that shallow level,” Mr. Bowman said of the discussion about supporting law enforcement. “It’s deeper than that.”Feelings were still raw in Philadelphia this week about the demise of Mr. Biden’s emergency request for Covid-19 aid, which Democratic leaders had stripped from a $1.5 trillion spending bill amid disputes over how to finance it. The money will have to move separately, and Democrats will need Republican support to win its approval.“I would have preferred to just pause for another 24 hours and try to figure out” how to move forward, Ms. Jayapal said in an interview. “I’m not in control.”Jonathan Weisman More

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    There Are Glimmers of Hope for Biden. Or Maybe Slivers.

    Despite the terrible reality of the war in Ukraine, rising inflation and record gas prices, a faint ray of sunshine has fallen on Joe Biden and the Democratic Party. According to strategists for both parties, the Democrats now have a 50-50 chance of retaining control of the Senate in the midterm elections, crucial for the appointment of federal judges, but nowhere near enough electoral strength to give them a shot at keeping their House majority.Whit Ayres, a Republican pollster, agrees that “Biden is finally getting some good news after a long period of horrible events,” but those pluses stand against the more sustained setbacks the president has experienced.Ayres argued in an email that Bidendrove his own job approval down by hanging onto an obviously hopeless BuildBackBetter, muddying his bipartisan success on the infrastructure bill. He ran as a center-left moderate but tried to govern as a progressive. That had two results: raising the hopes of liberals, when it was obvious he was never going to get Manchin or Sinema, before dashing those hopes, leaving liberals demoralized. On top of that, he left a bunch of people who voted for him thinking they were sold a bill of goods. Along with the fiasco of the Afghanistan withdrawal, he squandered majority job approval.Ayres noted:It’s hard to imagine Republicans not winning the House, given historical trends and Biden’s lousy job approval ratings. Control of the Senate depends on the kinds of candidates Republicans nominate. Nominate sane governing Republicans like Rob Portman, Richard Burr and Pat Toomey, and the Senate is theirs. Nominate far-right wing-nut cases and the Senate stays in the hands of the Democrats.Still, Biden has had some significant success and Republicans face serious obstacles.On the plus side for Democrats: The Bureau of Labor Statistics reported that in February, employers added 678,000 new jobs and unemployment fell to 3.8 percent. Meanwhile, the House committee investigating the Jan. 6 insurrection disclosed on March 3 that it has “has a good-faith basis for concluding that the president and members of his campaign engaged in a criminal conspiracy to defraud the United States.”Politico reported on March 8:President Joe Biden’s approval rating is on the rise — for now — in response to Russia’s invasion of Ukraine and Biden’s State of the Union address last week. Multiple surveys over the past week, including a new Politico/Morning Consult poll out Tuesday, show a modest-to-moderate uptick in voters’ views of Biden’s job performance, up from his low-water mark earlier this year.And then there is the setback that never materialized: While many predicted the post-2020 census redrawing of congressional districts would be a disaster for Democrats, in practice the new congressional lines are a wash. “We now estimate Democrats are on track to net 4 to 5 more House seats than they otherwise would have won on current maps, up from two seats in our previous estimate,” David Wasserman of the Cook Political Report wrote on Feb. 24.On the negative side for Republicans: Donald Trump’s admiration for and long courtship of Vladimir Putin has begun to backfire, causing conflict within Republican ranks; and these intraparty tensions have been compounded by Mike Pence’s growing willingness to challenge Trump, as well as by an internal strategy dispute between Mitch McConnell, the Senate minority leader, and Senator Rick Scott, the chairman of the National Republican Senatorial Committee.Steve Rosenthal, a former political director of the A.F.L.-C.I.O. who now heads The Organizing Group, a political consulting firm, contended in an email that the Biden administration has done a poor job promoting its successes:We’ve been canvassing white working-class voters in Southwestern PA and in the Lehigh Valley. They have no idea what the president and the Democrats in Congress have already done that directly impacts the issues they raise. When they hear about Biden sending $7 billion to PA for their roads, bridges and schools, they’re moved by it. This isn’t rocket science.“It’s a volatile environment,” Rosenthal adds: “Covid, war in Ukraine, inflation — and a lot can happen between now and November. But I definitely like the hand the Democrats are playing better this week than last. For now, let’s take it one week at a time.”Dean Baker, a co-founder of the Center for Economic and Policy Research, a liberal-leaning think tank, made a similar case in his emailed response to my inquiries:On the economic front, President Biden and the Democrats really need to up their game in pushing their record and their agenda. We have had record job growth since Biden took office, and somehow the economy is supposed to be a liability for the Democrats? If the shoe were on the other foot, the Republicans would be plastering the job numbers across the sky. This is the best labor market in more than half a century. Workers can leave jobs they don’t like for better ones; that is a really great story.In Baker’s view:Biden and the Democrats really need to move forward on what they can get from his Build Back Better agenda. This means sitting down with Senator Manchin and figuring out what he will go for. It is kind of mind-boggling that they didn’t do this last spring.The point, Baker argued, “is to get something that will have as much benefit as possible — climate tops the list — and push it through quickly.”Baker wrote that he has “no idea if the Democrats can hold one or both chambers in November, but things are looking somewhat better,” especially in the Senate, where “the Republicans are having trouble getting strong candidates in many potential swing states like New Hampshire, Arizona, Pennsylvania, Georgia and possibly even Ohio. This raises the possibility of the Democrats picking up seats.”Control of the House, where Democrats hold a slim 222-211 majority, will be another matter after the coming election.Frances Lee, a political scientist at Princeton, made the case in an email thatIt would be a major historical anomaly if Democrats retain control of the House in 2022. One of the most predictable features of American politics is the loss of seats in Congress for the president’s party at the midterm. Even presidents with majority public approval still almost always see losses for their party in Congress. With Democrats’ margin so narrow, the party just cannot spare any losses.Biden’s favorability rating, currently averaging 41.6 percent according to Real Clear Politics, would have to rise “above 60 percent — like George W. Bush in 2002 or Bill Clinton in 1998 — before it would become reasonable to expect Democrats to avert a loss of House control,” Lee observed. “Since the advent of public opinion polling, all presidents with approval ratings below 60 percent have seen losses of congressional seats at the midterm, in every case more than the 5 seats that Democrats can spare in 2022.”Public Opinion Strategies, a Republican polling firm, provided historical data to The Times based on Gallup polling and House election outcomes in nonpresidential contests from 1962 to 2018. When the president’s approval rating was 60 percent or higher, the president’s party gained one seat; when the rating was in the 49 percent to 59 percent range, the president’s party lost an average of 12 seats; when the favorability rating fell below 49 percent, the average loss was 39 House seats. Biden, with eight months until the midterms, is well below that mark.The picture, according to Lee,is not entirely bleak. The employment recovery is strong; the pandemic seems to be abating. The battle for the Senate is more evenly matched, and Republicans have come up short in some high-profile candidate recruitment efforts. But Democrats have no margin for error. Any losses given a 50-50 balance will tip Senate control to Republicans. In a midterm year, one would have to rate that outcome as the more likely outcome.Lee suggested that “the more plausible question for Biden is how bad things are likely to get for Democrats.”She pointed out:Thirty House Democrats have already retired rather than run for re-election. Inflation is expected to be running well above Federal Reserve targets through the rest of 2022. Even though Biden has been able to rally the democratic world in opposition to Russia’s invasion of Ukraine, few experts expect a favorable outcome of the conflict on any near-term horizon. The pandemic has defied predictions to date, and public patience is wearing thinner.Charlie Cook, founder of the Cook Political Report, argued in an email that Biden is in a deep hole very difficult to climb out of:Between the Mexican border, not anticipating a rush across the border when Trump left town, being caught flat-footed, Kabul made the fall of Saigon look fairly dignified, ignoring/dismissing inflation. The worst sin for most voters, inflation, hurts 100 percent of people, a totally unrealistic legislative agenda, party line vote on coronavirus package, 7.5 months to get half of what they wanted on infrastructure, he has pretty much soiled his nest. Republican voters are hyper-motivated, Democratic voters lethargic, independents alienated, doesn’t sound terribly promising to me.Alex Theodoridis, a political scientist at the University of Massachusetts-Amherst, is pessimistic about Democratic prospects, but less so than Cook.Russia’s invasion of Ukraine, Theodoridis wrote by email, “is an awkward one for GOP elites and voters. They have spent the last few years downplaying the nefariousness of Putin’s regime and portraying Ukraine as a hopelessly corrupt hotbed of profiteering for the Biden family.”This message, he continued, hastrickled down to the Republican rank-and-file. UMass Poll data from 2020 and 2021 show that Republicans, on average, rate Democrats, Joe Biden, Nancy Pelosi, and even people who vote for Democrats, as greater threats to America than Vladimir Putin and Russia. In the weeks before the invasion, Tucker Carlson, Steve Bannon and Donald Trump, among others, peddled takes flattering to Putin. This stance has grown uncomfortable as Russia and Putin have clearly played the role of unprovoked aggressor and Ukrainians and Zelensky emerge as both sympathetic and heroic.But, in Theodoridis’s view, the “positive signs for Biden and Democrats over the last couple weeks” do not “yet rise to the level of changing the expectation that 2022 will likely follow the historical pattern of midterm loss for the president’s party. And, Democrats have precious little margin with which to sustain any loss of seats.”There are still major uncertainties to be resolved before Election Day, Nov. 8. These include the possibility that Trump will be embroiled in criminal charges and the chance that Trump himself will become an albatross around the neck of the Republican Party.The Supreme Court is expected to rule soon on Dobbs v. Jackson Women’s Health Organization, a Mississippi case that could unwind Roe and bar access to abortion for millions of women with the political response quite likely to cost the Republican Party a significant number of votes. Trump’s legal status, in turn, will be determined by prosecutors in Georgia, New York and possibly the United States Justice Department.Finally, the Russian invasion of Ukraine is a wild card, giving rise, among other things, to mounting speculation about Trump’s judgment and his fitness for office.On Feb. 22, the day after Putin said he would recognize the independence of Luhansk and Donetsk, two regions in eastern Ukraine, Trump remarked, “This is genius”— a comment in line with Trump’s history of fulsomely praising Putin.On March 2, Trump tried to cut his losses and abruptly told Maria Bartiromo of Fox News that the invasion amounted to a “holocaust” and Russia must “stop killing these people.” He condemned the Russian military: “They’re blowing up indiscriminately, they’re just shooting massive missiles and rockets into these buildings and everybody is dying​.”On March 5, speaking at a meeting of top Republican donors in New Orleans, Trump wandered farther afield, suggesting, however insincerely, that the United States should paste Chinese flags on F-22s and “bomb the [expletive] out of Russia.”On Feb. 27, Senator Tom Cotton of Arkansas was clearly discomfited by George Stephanopoulos on ABC’s “This Week” when Stephanopoulos, speaking of Trump, noted:Last night, he finally condemned the invasion, but he also repeated his praise of Putin, calling him smart.Earlier in the week, he called him pretty smart. He called him savvy. He says NATO and the U.S. are dumb.Are you prepared to condemn that kind of rhetoric from the leader of your party?Pressed repeatedly, Cotton ducked repeatedly:George, if you want to know what Donald Trump thinks about Vladimir Putin or any other topic, I’d encourage you to invite him on your show. I don’t speak on behalf of other politicians. They can speak for themselves.Mike Pence, on the other hand, has determined that his best strategy as he continues to explore a presidential bid is to defy Trump.“Ask yourself, where would our friends in Eastern Europe be today if they were not in NATO?” Pence asked the Republican National Committee donors on March 4. “Where would Russian tanks be today if NATO had not expanded the borders of freedom? There is no room in this party for apologists for Putin.”The biggest unknown on the political horizon is the repercussions of the sanctions imposed by the United States and its allies on Russia, which are certain to raise energy and food costs, exacerbating the administration’s continuing difficulties with rising prices.“War and sanctions means higher inflation,” The Economist warned on March 5. “Things could get much worse should sanctions expand in scope to cover energy purchases or if Russia retaliates against them by reducing its exports.” On Tuesday, the Biden administration announced that it was banning Russian oil imports.“JPMorgan Chase,” The Economist went on,projects that a sustained shut-off of the Russian oil supply might cause prices to rise to $150 per barrel, a level sufficient to knock 1.6 percent off global G.D.P. while raising consumer prices by another 2 percent. The stagflationary shock would carry echoes of the Yom Kippur war of 1973, which sparked the first of the two energy crises of that decade.A political minefield lies ahead and negotiating this terrain will require more tactical and strategic skill than the Biden administration has demonstrated in its 14 months in office.This is especially relevant in the context of another explosive unknown, the possibility of the largest land war in Europe since 1945 metastasizing into a global conflict.In an essay he posted on Monday, “The Nuclear Threat Is Back,” Mohamed ElBaradei, the recipient of the 2005 Nobel Peace Prize and the former director general of the International Atomic Energy Agency, argues that “beyond the bloodshed and needless destruction, Russia’s invasion of Ukraine has also increased the risk of radiation leaks and even nuclear war” — events, it is almost needless to say, that would create mind-boggling suffering, throw current electoral calculations into disarray and raise the stakes of every political decision we make.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

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    Defeat Trump, Now More Than Ever

    The democratic nations of the world are in a global struggle against authoritarianism. That struggle has international fronts — starting with the need to confront, repel and weaken Vladimir Putin.But that struggle also has domestic fronts — the need to defeat the mini-Putins now found across the Western democracies. These are the demagogues who lie with Putinesque brazenness, who shred democratic institutions with Putinesque bravado, who strut the world’s stage with Putin’s amoral schoolboy machismo while pretending to represent all that is traditional and holy.In the United States that, of course, is Donald Trump. This moment of heightened danger and crisis makes it even clearer that the No. 1 domestic priority for all Americans who care about democracy is to make sure Trump never sees the inside of the Oval Office ever again. As democracy is threatened from abroad it can’t also be cannibalized from within.Thinking has to be crystal clear. What are the crucial battlegrounds in the struggle against Trump? He won the White House by winning Michigan, Pennsylvania and Wisconsin with strong support from white voters without a college degree. Joe Biden ousted Trump by winning back those states and carrying the new swing states, Arizona and Georgia.So for the next three years Democrats need to wake up with one overriding political thought: What are we doing to appeal to all working-class voters in those five states? Are we doing anything today that might alienate these voters?Are the Democrats winning the contest for these voters right now? No.At the start of 2021 Democrats had a nine-point advantage when you asked voters to name their party preference. By the end of 2021 Republicans had a five-point advantage. Among swing voters, things are particularly grim. A February 2022 Economist/YouGov survey found that a pathetic 30 percent of independents approve of Biden’s job performance. Working-class voters are turning against Biden. According to a January Pew survey, 54 percent of Americans with graduate degrees approved of Biden’s performance, but only 37 percent of those without any college experience did.Are Democrats thinking clearly about how to win those voters? No.This week two veteran Democratic strategists, William A. Galston and Elaine Kamarck, issued a report for the Progressive Policy Institute arguing that Democrats need to get over at least three delusions.The first Democratic myth is, “People of color think and act alike.” In fact, there have been differences between Hispanics and Black Americans on issues like the economy, foreign policy and policing. Meanwhile working-class people have been moving toward the G.O.P. across racial lines.“Today, the Democrats’ working-class problem isn’t limited to white workers,” the veteran Democratic pollster Stanley Greenberg wrote in The American Prospect. “The party is also losing support from working-class Blacks and Hispanics.”The second Democratic myth is, “Economics trumps culture.” This is the idea that if Democrats can shower working- and middle-class voters with material benefits then that will overwhelm any differences they may have with them on religious, social and cultural issues — on guns, crime and immigration, etc. This crude economic determinism has been rebutted by history time and time again.The third myth is, “A progressive ascendancy is emerging.” The fact is that only 7 percent of the electorate considers itself “very liberal.” I would have thought the Biden economic agenda, which basically consists of handing money to the people who need it most, would be astoundingly popular. It’s popular, but not that popular. I would have thought Americans would scream bloody murder when the expansion of the existing child tax credit expired. They haven’t. Distrust in government is still astoundingly high, undercutting the progressive project at every turn.What do Democrats need to do now? Well, one thing they are really good at. Over the past few years a wide range of thinkers — across the political spectrum — have congregated around a neo-Hamiltonian agenda that stands for the idea that we need to build more things — roads, houses, colleges, green technologies and ports. Democrats need to hammer home this Builders agenda, which would provide good-paying jobs and renew American dynamism.But Democrats also have to do something they’re really bad at: Craft a cultural narrative around the theme of social order. The Democrats have been blamed for fringe ideas like “defund the police” and a zeal for “critical race theory” because the party doesn’t have its own mainstream social and cultural narrative.With war in Europe, crime rising on our streets, disarray at the border, social unraveling in many of our broken communities, perceived ideological unmooring in our schools, moral decay everywhere, Democrats need to tell us which cultural and moral values they stand for that will hold this country together.The authoritarians tell a simple story about how to restore order — it comes from cultural homogeneity and the iron fist of the strongman. Democrats have a harder challenge — to show how order can be woven amid diversity, openness and the full flowering of individuals. But Democrats need to name the moral values and practices that will restore social order.It doesn’t matter how many nice programs you have; people won’t support you if they think your path is the path to chaos.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