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Jul 16, 2022 // U.S. politics today is characterized by deep polarization, with Republicans moving further to the right and Democrats further to the left. However, the fall of the “median voter” is not all bad news, writes MIT’s Daron Acemoglu.
While there are no ironclad laws of politics, two tendencies in the United States -- midterm swings against the incumbent party (the "midterm blues") and the negative electoral effects of inflation and unemployment ("political business cycles") -- come pretty close. US President Joe Biden (whose approval rating has sunk for the past year) and the Democrats should not be surprised if they suffer a massive rout in the 2022 midterm elections.
While there are no ironclad laws of politics, two tendencies in the United States – midterm swings against the incumbent party (the “midterm blues”) and the
“If you build it, they will come.”
IN the early part of his term, President Rodrigo Duterte boasted that he could solve the Metro Manila traffic in three months. With only a month remaining before he steps down, Edsa—the most congested road artery in Metro Manila—remains to be just that. The usually horrific metro traffic situation only…