Discover more from Hopium Chronicles By Simon Rosenberg
Encouraging Inflation Data, Republicans Hug Putin Again, Gen Milley - Defender of Democracy
Tues 7pm ET - Virginia Briefing and Call to Action/New Pods and Briefings
A few things on this fall Saturday morning:
Inflation Keeps Coming Down, Gas Prices Coming Down Across US - One of the most watched measures of inflation, “Core PCE,” only rose 0.14% in August, which is less than the Fed’s target of 2% annually. As you will see from the graph below from Nick Timiraos of the WSJ, this puts this critical measure just slightly above where policy makers want it to be over the last 3 months. Neil Irwin the Chief Economics Correspondent for Axios tweeted: “Best inflation number in quite a long time.” Yes, it is remarkably good news.
Due to a lessening of demand after summer vacation season, and cheaper winter gas, gas prices have started coming down across the US, and will on the West Coast too in the next few weeks. More good news.
Visit here for a refresher on how strong and resilient the American economy has been under Joe Biden.
Tuesday 7pm ET - Join Us For A Live Briefing On The Virginia Elections - Excited to be hosting, along with our friends at Network NOVA, a briefing this Tuesday night with Delegate Dan Helmer, the Virginia Delegate in charge of the campaign to retake the Virginia state house. We will get the latest on new encouraging polling, an update on the early vote and make recommendations on the most effective ways to give and volunteer in the home stretch. RSVP here.
While many of you are already involved in these elections (thank you!), we are hearing from the Virginia House/Senate campaign teams is that they can use people to make calls directly for their targeted races. You can sign up for a shift or two in these critical races here. Hope to see you Tuesday!
The Unprecedented Republican Shitshow Keeps On Chugging Along- I’ve decided to publish before we know what happens with shutdown today, but here’s a great tweet from Josh Marshall reminding us that the big winner today may end being Putin (again):
New Pods and Political Briefings For Your Weekend Viewing and Listening Pleasure - Three new opportunities to catch me talking about the Dems really strong 2023 electoral performance and other recent political news:
Deep State Radio podcast with David Rothkopf and Tara McGowan (audio)
General Milley’s Brave, Powerful Defense of American Democracy - In his retirement ceremony yesterday, General Mark Milley offered what will become known as an historic defense of American democracy. Watch, listen, remarkable and powerful words (via The Recount):
Senator Chris Murphy had this to say about President Biden’s powerful democracy speech on Thursday:
And once again reminding us that he’s on the team of oligarchs and authoritarians and not on democracy’s team, here’s Elon Musk as we headed into a possible shutdown of the US government:
Keep working hard all - Simon