Tag Archives: the economist

California has lost its Republicans – not one holds office in our most populous state

Fading into irrelevance
The party of Nixon and Reagan holds not one statewide office in America’s most populous state

California gave America two of its five most recent Republican presidents. But the state party has fallen on hard times since the days of Nixon and Reagan. After having fallen for decades, the number of registered Republican voters in California now stands at just 30% (see chart). With the number of voters expressing no party preference rising fast, the party is in danger of slipping into third place in the state. No Republican holds statewide office in California, and the Democrats enjoy wide majorities in both chambers.

The picture is no prettier when it comes to elections for national offices. Republicans have not won a Senate election in California since 1988. The party now accounts for just 19 of the state’s 53 congressmen. The last Republican presidential candidate to take California was George Bush senior. As the most populous state, California holds over one in ten electoral-college votes. But neither Mitt Romney, the presumptive Republican nominee, nor Barack Obama will bother to campaign here—although both regularly drop by to raise funds.

Keep readingThe Economist

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North America poised to once again dominate world economic growth

The Economist published a barometer of world business according to 1,500 senior executives. It’s a complicated graph but very interesting because it shows North America will once again lead the world out of trouble.

Read it as follows, “Balance of respondents expecting:”

  • global business conditions to improve (let side)
  • their companies to have more employees in a year’s time (right)

On both sides North America leads the way with improving business conditions and new hirings.

“In North America more executives are bullish than bearish for the first time in a year. On jobs, the balance of firms expecting to hire over the next year has increased in all regions.”

 

 

via The Economist – Daily Graph