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For op-eds and minor political news, visit /r/politics. For long-form articles containing opinion or analysis, visit /r/Foodforthought. 22,923,790 subscribers 22,923,791 subscribers 22,923,792 subscribers, a community for 13 years. After the advent of the Covid-19 pandemic, progressives (i.e., “liberals”) used it as a game to point out all the things that President Trump and his administration were doing wrong to address the crisis. Hardly a day went by without some leftist pointing out the faults and failures of Trump’s efforts. Now that Joe Biden is president, you can bet your bottom dollar that the same thing is. Online sports betting starts here! Bet on 1000s of sport matches and games online - join now and get a 100% bonus on your first deposit with Bet.co.za. “Political Wire is a great, great site.” — Joe Scarborough, host of MSNBC’s “Morning Joe” “Taegan Goddard has a knack for digging out political gems that too often get passed over by the mainstream press, and for delivering the latest electoral developments in a sharp, no frills style that makes his Political Wire an addictive blog habit you don’t want to kick.”.
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Democratic Speaker Nancy Pelosi of California on Saturday mocked House Minority Leader Kevin McCarthy of California for saying that he would bet his own house that Republicans will win control of the lower chamber next year.
In a Saturday CPAC panel with Rep. Jim Banks of Indiana and American Conservative Union Chair Matt Schlapp, McCarthy said that he's so confident that Democrats will lose their majority in the House in 2022 that he would wager his own house on it.
'We're going to get the majority back. We're five seats away,' he said. 'I would bet my house. My personal house. Don't tell my wife, but I will bet it. This is the smallest majority the Democrats have had in 100 years.'
Pelosi responded within hours of McCarthy's CPAC appearance in a statement to Newsweek.
'No one should be surprised the Minority Leader is willing to wager his home. McCarthy doesn't have much to give after sacrificing his integrity trying to cancel $1400 survival checks for Americans trying to make ends meet during a deadly pandemic,' said the statement emailed by Robyn Patterson, Pelosi's deputy communications director.
Newsweek reached out to McCarthy's office for comment.
Republicans lost control of the House to Democrats in the 2018 midterm elections. However, the GOP thwarted expectations in the 2020 election cycle by flipping several seats in the lower chamber when they were projected to lose more than a dozen.
McCarthy and Pelosi have traded jabs in recent weeks over President Joe Biden's $1.9 trillion stimulus package.
On Friday night, two hours before the House voted to pass the sprawling stimulus legislation, McCarthy criticized Democrats for pushing the relief bill, which he called the 'Pelosi Payoff Bill.'
'Congress won't actually vote on this bill until 2 a.m. Saturday,' McCarthy said. 'Why? Because Democrats are so embarrassed by all the non-COVID waste in this bill that they are jamming it through in the dead of night.'
Earlier this month, Pelosi mocked McCarthy for being cowardly in refusing to censure GOP Rep. Marjorie Taylor Greene for her past support of the QAnon conspiracy theory.
'After several conversations and literally running away from reporters, Minority Leader Kevin McCarthy (Q-CA) made clear that he is refusing to take action against conspiracy theorist Rep. Marjorie Taylor Greene,' said a statement issued by Pelosi's office on February 3.
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'As a result, the House will continue with a vote to strip Greene of her seat on the esteemed House Committee on Education & Labor and House Committee on Budget. McCarthy's failure to lead his party effectively hands the keys over to Greene—an anti-Semite, QAnon adherent and 9/11 Truther.'
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Financial Times: “If Biden’s coronavirus recovery plans are vindicated, they will demonstrate it is possible to ‘build back better’ from the pandemic and that advanced economies have been overly obsessed with inflation for the past 30 years. It will put government back at the heart of day-to-day economic management.”
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“If the plan comes off, it will show that unnecessary timidity in recent decades has let millions suffer unnecessary unemployment, starved many areas of opportunities for improved living standards and widened inequalities.”
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“But if the strategy fails, ending in overheating, high inflation, financial instability and the economics of the 1970s, the US experiment of 2021 will go down as one of the biggest own goals of economic policymaking since François Mitterrand’s failed reflation in France in 1981.”