It’s Election Day – Not Election Month

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Unleash Prosperity Hotline
Issue #653
11/08/2022
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1) It’s Election Day – Not Election Month
It’s a grand American tradition. The first Tuesday after the first Monday of November. Americans trek to the polls and exercise their citizen right to cast a ballot for their elected leaders. This is democracy in action. Somehow the left has twisted and perverted the idea of ensuring safe and secure elections into a THREAT to democracy.

It’s not election week. Not election month. We find ourselves in strong agreement with the solid majority of Americans who think that ballots should be cast on Election Day (with a secure absentee ballot system)and to the fullest extent possible, COUNTED on Election night. (Already we are hearing that Pennsylvania ballots may not be counted for several days. And the election officials wonder why people are suspicious of the results.)

Elections in the Early Days of America Were Festive Booze-Fueled Parties
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2) Bidenflation Isn’t Biden’s Fault?
The kitchen-table issues are paramount on voters’ minds as they head to the ballot boxes today. The latest White House spin is that inflation isn’t their fault. It’s just an act of nature or something like that.

But Bidenflation didn’t happen as the natural course of events. Stop us if you’ve heard this many times before on these pages, but inflation sprang to life when the multi-trillions of “stimulus” money drenched the economy.

Trump is certainly partially to blame. He and House Speaker Nancy Pelosi hand shook a deal that added $900 billion in December 2020. The spending was entirely unnecessary, but then Biden came in and you can see the multiple stages of debt-financed government spending. Add it all together and $4.5 trillion was airdropped into the economy.

Only a moron – oh, and 14 Nobel-prize-winning economists – would have been surprised that this incited runaway inflation.

Federal Spending Ignites Inflation
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3) The Sad Demise Of A Once-Great Magazine
The Economist is more than a century old and for most of that time was an iconic magazine that boldly challenged conventional wisdom and refuted doomsday declinism. That sadly changed about a decade ago when the Economist reversed its position and caved into the doomsday climate change narrative. From thoughtful skeptic, the Economist is now a relentless voice for the doomsday scenario.

We winced when we saw last week’s umpteenth alarmist cover story about the temperature of the planet rising by 1.5 degrees without urgent governmental action.

We’re certainly not climatologists and maybe the earth is In a secular warming cycle. Our point is that only a fool would believe that politicians, windmills, and Teslas are going to save the planet. If you still subscribe to and read the Economist, you’re wasting your time.

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4) Even Hollywood Stars Are Fed Up With LA’s Demise
Los Angeles is electing a mayor today and polls show a tight race between Democratic Congresswoman Karen Bass and Rick Caruso, a businessman who was a registered Republican until 2019.

The City of Angels has a host of urban problems from a soaring homeless population and crime wave to massive corruption. Things are so bad that many Hollywood celebrities who reflexively back Democrats and leftist causes have endorsed Caruso, a former president of the Los Angeles Police Commission who promises to address the city’s quality of life and public safety.

Actor Chris Pratt ("Parks and Recreation") says “I’ve seen what many residents here have seen, the city's gradual decline into pain and utter disarray," he wrote. "If you live here, you know exactly what I'm talking about,” he wrote. “I don't normally support political candidates. But in this election, there's too much to lose."

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Former California First Lady Maria Shriver, hardly a conservative and a member of the Kennedy family, tweets: “If you want Los Angeles to be different than it is today, the choice is clear with @RickCarusoLA. Change is critical to the city's future. It's up to us - let's go.”

Other prominent Caruso supporters include singer Katy Perry, rapper Snoop Dogg, Gwyneth Paltrow, and Kim Kardashian. When the homeless setup camp just down the street from your mansion, desperate celebrities will finally abandon the Democrats.

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5) Who Will Control State Legislatures?

Readers of The Hotline should have received our forecasts of 2022 races for the Senate and Gubernatorial races in a separate email. Rounding out our election coverage, here is our report on the important voting for state legislative chambers as voters decide nearly 6,300 state legislative races in 46 states.

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What isn’t very much publicized is the dominance that Republicans have built up in state House and Senate chambers. See map.

Republicans child a commanding 54% to 44% advantage in state seats over Democrats. Republicans held a majority in 62 chambers, and Democrats held the majority in 36 chambers. One chamber (Alaska House) was organized under a multi-party power-sharing coalition.

The underreported story in this election is that the GOP is very likely to increase its advantage by at least another net 100 seats.

These chambers could flip from blue to red after tomorrow:

Connecticut Senate 23D-13R currently
Colorado Senate 20D-15R currently
Maine House 79D-64R-8 Other currently
Minnesota House 69D-64R currently
Nevada House 25D-16R currently
Nevada Senate 11D-9R-1V currently but only 11 seats are up this cycle

The only GOP-held chamber that could be in jeopardy is the Michigan Legislature.
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6) The Fed Vs. The Inflation Dragon

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