David Frum

@davidfrum ↗

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Last Checked June 27, 2022

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Mon Jun 13 21:15:27 +0000 2022

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David Frum @davidfrum

... that one of the two parties is likely to be headed in 2024 by the leader of a violent insurrection against the US government. So if the US suffers an incumbent-wrecking recession in 2022-23, it may get a democracy-wrecking election the next year. 3/x — PolitiTweet.org

Posted June 13, 2022

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David Frum @davidfrum

... the usual precondition of political survival is at least six months of strong growth before election day. Absent strong post-recession growth, and - like George HW Bush after recession of 1990-91 - re-election gets dicey. Which is just "democracy for realists," except ... 2/x — PolitiTweet.org

Posted June 13, 2022

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David Frum @davidfrum

So the Federal Reserve has a more than usual obligation this week to measure its policy appropriately. A miscalculation in monetary policy in 2022 could reverberate through long ages of American history ahead. END — PolitiTweet.org

Posted June 13, 2022