The new shock of Russia’s war in Ukraine: Genocide fatigue
Joseph Stalin was wrong about most things, but he was spot on in allegedly saying that “The death of one man is a tragedy, the death of millions is a statistic.” The Russo-Ukrainian War provides ample evidence of the truth of Stalin’s remark. We were shocked when the first Russian missiles struck Ukrainian cities. We were more shocked when Russia
Read MoreThe Hill's Morning Report — A murky economic outlook
The White House, lawmakers and the Federal Reserve today will add to an increasingly gloomy outlook about inflation, supply shortages and predictions of recession — in the United States and worldwide. Economic realities and doomsday predictions are altering this year’s politics and Americans’ overall confidence that the U.S. is on the right track. The Fed, scrambling to tamp down record inflation, is expected today to announce it will ag
Read MoreBudowsky: Citizen Bloomberg can save the Earth, defend democracy
In January 2020, former New York City mayor and then-presidential candidate Michael Bloomberg, in a move of profound patriotism and high principle, told The New York Times that he was open to donating $1 billion to elect Democrats — regardless of whom the party nominated for president. With one of the most important elections in modern history coming soon, the public figure I call Citizen Bloomberg has an extraordinary opportunity to change the course of history, rally the forces of truth and justice and save the planet and our democracy. Andrew Jackson once said t
Read MoreWarren returns to campaign spotlight
Wisconsin. Michigan. And soon Pennsylvania. Just over three months before the midterms, Sen. Elizabeth Warren (D-Mass.) is coming out from behind the scenes — and doing it in some of the most closely watched states in the country. The liberal lawmaker has kept a relatively low profile since suspending her presidential bid to endorse Joe Biden. Vowing to be a trusted ally to his administration, she’s quietly lent a hand on policy and personnel decisions and sponsored bills to advance progressives’ top concerns. But increasingly, Warren is also resurfacing nation
Read MoreDemocrats warn Fed’s rate hikes may trigger recession
Senate Democrats are calling on the Federal Reserve to proceed cautiously on raising interest rates when board members meet this week, warning that fighting inflation too aggressively could hurt the economy. Gross domestic product (GDP) data for the second quarter will be published this week and is expected to show a contraction in growth. But Democrats in Congress are adopting the administration’s talking points to argue that two quarters of negative growth does not necessarily signal a recession, pointing to the strong labor market and rising wages, even if those posit
Read More