Shuffling the stack
7/11/18 10:28![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
luzribeiro posting in ![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
talkpoliticsSo, it all happened more or less as expected. The Blue Wave was not a tsunami, but it did give House back to the Democrats. The strong economy, however, prevented them from taking the Senate, where the Republicans even strengthened their positions. This configuration hasn't occurred since 1986.
The markets have responded calmly so far. The dollar didn't lose almost any positions in Asia and Europe (-0.4% against the Euro, and -0.3% against the Pound).
Nevertheless, this is undoubtedly a new situation for the president. So far, the GOP were able to pass all his initiatives without much hussle, and Paul Ryan proved a reliable leap-dog. Now that the Democrats will be in charge of the House again, we can expect renewed digging into the Russian meddling - probably not an impeachment initiative as that could backfire and hurt the Dems (the GOP-controlled Senate would have none of it anyway).
Nancy Pelosi seems the obvious candidate for Speaker. She was already greeted with such chants during her victory speech, where she promised "a new day, where this isn't about Republicans and Democrats, but about restoring the Constitution".
Apart from renewed investigations into Trump's presidential campaign, and maybe his finances and links with Russia (and Saudi Arabia now?), we can expect a slight shift in US foreign policy as well. The Democrat-dominated House will certainly try to keep the previous status quo in the relations with China and Iran, while adopting a firmer stance on Russia, North Korea and the Saudis. This will be a major area of clashes with the presidential administration.
The Dems may've called for the new Congress to work in bipartisanship, but that's not likely to happen. We can expect even more partisanship from now on. Trump has two options: to calm things down, or escalate the confrontation - and we already know which one he'd choose, right? He flourishes in the conditions of a perpetual political battle, and now that he'll have a worthy rival in the House, he'll step up the fight. And possibly earn some points back just in time for the next presidential election.
The markets have responded calmly so far. The dollar didn't lose almost any positions in Asia and Europe (-0.4% against the Euro, and -0.3% against the Pound).
Nevertheless, this is undoubtedly a new situation for the president. So far, the GOP were able to pass all his initiatives without much hussle, and Paul Ryan proved a reliable leap-dog. Now that the Democrats will be in charge of the House again, we can expect renewed digging into the Russian meddling - probably not an impeachment initiative as that could backfire and hurt the Dems (the GOP-controlled Senate would have none of it anyway).
Nancy Pelosi seems the obvious candidate for Speaker. She was already greeted with such chants during her victory speech, where she promised "a new day, where this isn't about Republicans and Democrats, but about restoring the Constitution".
Apart from renewed investigations into Trump's presidential campaign, and maybe his finances and links with Russia (and Saudi Arabia now?), we can expect a slight shift in US foreign policy as well. The Democrat-dominated House will certainly try to keep the previous status quo in the relations with China and Iran, while adopting a firmer stance on Russia, North Korea and the Saudis. This will be a major area of clashes with the presidential administration.
The Dems may've called for the new Congress to work in bipartisanship, but that's not likely to happen. We can expect even more partisanship from now on. Trump has two options: to calm things down, or escalate the confrontation - and we already know which one he'd choose, right? He flourishes in the conditions of a perpetual political battle, and now that he'll have a worthy rival in the House, he'll step up the fight. And possibly earn some points back just in time for the next presidential election.
(no subject)
Date: 8/11/18 09:33 (UTC)Two pieces of good news today:
https://edition.cnn.com/2018/11/06/politics/sharice-davids-and-deb-haaland-native-american-women/?no-st=1541669521
https://www.yahoo.com/lifestyle/19-black-women-running-judge-181400986.html?fbclid=IwAR276h2FrdK7JpUFFElHGjFsc43O_740gbilsgDkR2ynNdXuvSMrz8syCR4&guccounter=1