A woman wears a face mask on the subway as the coronavirus outbreak continued in New York City, March 13, 2020. (Andrew Kelly/Reuters) The mental and emotional landscape of a true crisis is unlike that of ordinary life or ordinary politics. The falling dominoes of the past few days — closing schools, colleges, churches, sports,
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Rep. Alexandria Ocasio-Cortez (D-NY) speaks to media before participating in a Census Town Hall at the Louis Armstrong Middle School in Queens, New York City, February 22, 2020. (Andrew Kelly/Reuters) Representative Alexandria Ocasio-Cortez (D., N.Y.) declined multiple pleas from the Bernie Sanders campaign to stump for the Vermont senator’s candidacy after the Iowa caucuses, according
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As Ed anticipated earlier today, President Trump has announced a national emergency to combat the spread of the coronavirus. He did this at a White House news conference which included representatives from major industries in addition to government officials. “To unleash the full power of the federal government in this effort, today I am officially
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Democratic Florida gubernatorial nominee and Tallahassee Mayor Andrew Gillum in Tallahassee, Florida, November 6, 2018. (Colin Hackley/Reuters) Andrew Gillum, a former Democratic candidate for Florida governor, was involved in a suspected crystal meth incident at a Miami Beach hotel on Friday morning. Miami Beach Fire Rescue were called to the hotel room by an associate of
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Former Vice President Joe Biden speaks about responses to the COVID-19 coronavirus pandemic at an event in Wilmington, Del., March 12, 2020. (Carlos Barria/Reuters) It may be uncomfortable to bring up the former vice president’s visibly diminished mental capacities, but it’s vital that we do. Democrats showed us a surprising amount of cohesion and coordination,
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Federal Reserve Building in Washington, D.C. (Joshua Roberts/Reuters) Suspend the payroll tax. The Federal Reserve might still have to cut interest rates to zero. Brian Riedl has a nice piece in this publication articulating the case against fiscal stimulus. It provides a solid rundown of what I think are the strongest contemporary arguments that tax
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Sen. Bernie Sanders speaks during a rally in St Louis, Mo., March 9, 2020. (Lucas Jackson/Reuters) Senator Bernie Sanders (I., Vt.) on Wednesday announced he is staying in the presidential race, in his first public remarks since losing the majority of Mini Tuesday primaries to former Vice President Joe Biden. “On Sunday, I very much
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Chelsea Manning outside the U.S. federal courthouse in Alexandria, Va., March 8, 2019 (Ford Fischer/News2Share/Reuters) A federal judge on Thursday ordered the release of Chelsea Manning, who leaked classified military information to Wikileaks. Manning, a former Army intelligence analyst, was jailed last year for refusing to testify before a grand jury investigating Wikileaks founder Julian
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Democratic presidential candidate Senator Cory Booker speaks to news media in the spin room after the conclusion of the fifth 2020 campaign debate at the Tyler Perry Studios in Atlanta, Georgia, U.S., November 20, 2019. (REUTERS/Christopher Aluka Berry) Unlike Joe Biden, Booker offered moderate bona fides in a lucid, presentable package. But he tacked hard
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Federal Reserve in Washington, D.C. (Kevin Lamarque/Reuters) Today the Fed announced a $1.5 trillion liquidity provision to the interbank lending market — primarily in the form of “repurchase agreements.” The interbank lending market comprises the federal-funds market (in which the Fed actively participates on a daily basis) and the repurchase-agreement (or “repo”) market (in which
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A man walks past an advertisement for the Democratic National Convention at the Charlotte Douglas International Airport in Charlotte, N.C September 2, 2012. (Jessica Rinaldi/Reuters) The Democratic National Committee announced on Thursday it would move the upcoming presidential primary debate from Phoenix, Ariz., to Washington, D.C., due to the Wuhan coronavirus outbreak. “Out of an
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Former Democratic presidential candidate Beto O’Rourke endorses former vice president Joe Biden at a campaign event at Gilley’s in Dallas, Texas, U.S., March 2, 2020. (Eric Thayer/Reuters) As Democratic presidential front runner Joe Biden gears up for the general election in November, his campaign has decided to hire former Texas congressman Beto O’Rourke’s campaign manager.
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Former Vice President Joe Biden speaks at a community event at Sun City MacDonald Ranch in Henderson, Nev., February 14, 2020. (Gage Skidmore) Former vice president Joe Biden accused the White House of a “colossal” misstep over a lack of available coronavirus testing, and urged that the country dramatically increase its screening capacity. “The administration’s
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