Politics
The Beige Book Summary of Commentary on Current Economic Conditions By Federal Reserve District Wednesday November 30, 2022
Overall Economic Activity: Economic activity was about flat or up slightly since the previous report, down from the modest average pace of growth in the prior Beige Book period...Interest rates and inflation continued to weigh on activity, and many contacts expressed greater uncertainty or increased pessimism concerning the outlook...Inflation pushed low-to-moderate income consumers to substitute increasingly to lower-priced goods. Travel and tourism contacts, by contrast, reported moderate gains in activity, as restaurants and high-end hospitality venues enjoyed robust demand. Higher interest rates further dented home sales, which declined at a moderate pace overall but fell steeply in some districts; apartment leasing started to slow, as well. more »
Women's Congressional Policy, Weekly Legislative Update November 21, 2022; Bills Introduced: November 14-18, 2022
A bill to establish a task force on child and family economic security and stability for economic growth; A concurrent resolution expressing support for the Geneva Consensus Declaration on Promoting Women's Health and Strengthening the Family and urging that the United States be added as a signatory; A bill to extend, and provide additional support for the activities of the Department of the Interior and the Department of Justice Joint Commission on Reducing Violent Crime Against Indians; A bill to provide for the reissuance to households Supplemental Nutrition Assistance Program (SNAP) benefits to replace benefits stolen by identity theft or typical skimming practices.
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Statement by President Joe Biden On Speaker Nancy Pelosi Stepping Down from Democratic Leadership in the House of Representatives; "When I think of Nancy Pelosi, I think of dignity"
"When I think of Nancy Pelosi, I think of dignity. History will note she is the most consequential Speaker of the House of Representatives in our history. There are countless examples of how she embodies the obligation of elected officials to uphold their oath to God and country to ensure our democracy delivers and remains a beacon to the world. In everything she does, she reflects a dignity in her actions and a dignity she sees in the lives of the people of this nation." more »
Jo Freeman Reviews Thank You For Your Servitude: Donald Trump's Washington and the Price of Submission
Jo Freeman Reviews: "The ones who bowed the furthest and fastest were the ones who wanted most to see and be seen with Trump; to call and be called, to hear their names in the media coupled with his. The fact that the masses loved DJT didn’t make it any easier for those who wanted his approval to hold onto a modicum of self-respect. Disagreement with Trump would lead to disparagement, and that could lead to defeat. That’s why so many Republican MCs decided it was time to retire. Two years after Trump took office, almost half of House Republicans were gone or going. A lot, but not all, were defeated in the 2018 election. By then most of Trump’s initial appointments were also gone. Sycophancy was insufficient for survival." more »