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Economics

Why the Republicans will convene in a forge of American socialism

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Considering the recent pattern of American politics, the Republicans’ choice to hold their convention this July in Milwaukee, Wisconsin, is no surprise. Barack Obama easily won the state twice, but in the other four presidential contests this century Wisconsin was decided by less than 1% of the vote. Hillary Clinton, who did not even campaign there in 2016 against Donald Trump, lost the state by 23,000 votes. In 2020 Joe Biden did not repeat her mistake. The Democrats planned their convention for Milwaukee, before covid-19 intervened, and in the end he carried the state, though by just 21,000 votes out of more than 3.2m. Wisconsin is among the handful of swing states this year.

Economics

What should companies do to keep bosses safe?

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TO KEEP Mark Zuckerberg safe, Meta has spent at least $23m annually on bodyguards, home security and other support during the last three years. To protect Warren Buffett, another high-profile billionaire, but a famously frugal one, Berkshire Hathaway laid out just over $300,000 in 2023. In between those budgets, boards at America’s large public companies make diverse investments to protect bosses, according to filings to the Securities and Exchange Commission. The range of spending indicates a lack of C-suite consensus about what is necessary.

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Economics

Matt Gaetz v the ethics committee

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On December 23rd a congressional committee released a lurid 37-page report alleging ethical misconduct by Matt Gaetz, the former maverick member of the House of Representatives who briefly stood as Donald Trump’s nominee for attorney-general. In a different time the investigation’s details about illicit sex and drug use would definitively end Mr Gaetz’s political career, and perhaps it will now. Yet he could soon test how far deviance has been defined down in America’s norm-smashing political era.

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Economics

Matt Gaetz vs the ethics committee

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on

On December 23rd a congressional committee released a lurid 37-page report alleging ethical misconduct by Matt Gaetz, the former maverick member of the House of Representatives who briefly stood as Donald Trump’s nominee for attorney-general. In a different time the investigation’s details about illicit sex and drug use would definitively end Mr Gaetz’s political career, and perhaps it will now. Yet he could soon test how far deviance has been defined down in America’s norm-smashing political era.

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