My professional background is primarily finance and accounting. But I do have an irrational obsession for politics, so I’ll chime in on a few of Tuesday’s election results.
First, the mixed messages. In Michigan, some on the left are criticizing the DCCC for promoting Trump-endorsed extremist John Gibbs, over Rep. Peter Meijer, one of 10 House Republicans who voted to impeach Trump. Meijer defeated Democrat Hillary Scholten two years ago by six points and the DCCC wants to flip this seat blue.
Many on the Left complain that Democrats keep bringing a knife to a gunfight. For example, in Michigan’s 11th District democratic primary, Rep. Haley Stevens defeated Rep. Andy Levin after a pro-Israel anti-left-wing super PAC invested millions to beat Levin, who is Jewish. But when the DCCC uses a similar strategy, some on the Left are complaining? Whether you agree with this strategy or not, after Gibbs was announced the winner, Cook Political Report changed that contest from toss-up to “lean Democrat,” in Hillary Scholten’s favor.
But these GOP campaigning tactics may backfire on them in the midterms. Apparently, some candidates are too extreme even for the GOP. In Missouri, Republicans were relieved that Trump endorsed (sort-of) Eric Greitens – the shotgun wielding maniac encouraging supporters to get a “RINO hunting permit” – has lost.
Republicans have been banking on benefiting from a weak economy in the midterms. But, but as of today, the NASDAQ hit a three-month high and gas prices have declined 50 days straight. The GOP were also betting on Biden’s approval rating, which took a huge hit from a stellar 55%, after the mainstream media negatively reported on the U.S. withdrawal from Afghanistan. But Biden just announced killing al Qaeda leader Ayman al-Zawahiri thus demonstrating that “over the horizon” strikes allow the U.S. to stanch the threat of terrorism in Afghanistan without having to station troops there.
Saving the best election news for last, in Kansas, despite a misleading ad campaign by conservatives, 60% voted against removing abortion protections from the state’s constitution AND the voter turn-out almost double the 2018 primaries. A blue wave is possible in the midterms.
Chicago native Lorraine Evanoff earned her degree in French from DePaul University then became a Certified Financial Manager. She worked as a finance exec in film production for seven years in Paris, then in Silicon Valley during the dot-com era, and later for various Hollywood production companies, notably as CFO of National Lampoon. She is currently living in Los Angeles with her husband.