An Easy Supreme Court Confirmation? Maybe

The Alternative to Left & Right Spin.
No Lies or Fake News Here

1. If you are having trouble, please email me at al.tuchfarber@gmail.com or call me at 513-232-7178.
2. To subscribe or renew for 1 or 2 years go to TuchfarberReport.com/subscribe/.

PLEASE PHASE OUT SENDING TRs TO NON-SUBSCRIBERS EXCEPT OCCASIONALLY. Encourage them to subscribe. Thanks.

In-Brief

1. The approval ratings of President Biden and VP Harris continue to hover around 40%. It is hard to see what they can to do to raise those numbers meaningfully before the November elections.
2. Supreme Court Justice Breyer is retiring. Expect a bitter fight over confirming the Biden promised black female nominee if she is a radical, but minimal ugly fighting if he chooses a mainstream liberal.
3. If Russia launches an invasion of the Ukraine, the US and Europe will respond very strongly, but not with our own troops. The reactions will be political, financial, and economic, and will be devastating for Russia and its oligarchs. President Biden has handled this crisis well so far, but the American people want no part of a war, and if one is avoided Biden will get less credit than he deserves.
4. The US economic recovery continues to be strong. Year over year for 2021, growth came in at 6.9%, higher than expected. Between real growth and inflation, US GDP has now soared to $24T. Ironically, many Americans think we are in a recession. We are NOT in a recession. In fact, the US economy is growing. But the stock markets are in a “correction” and the crypto markets are near collapse.
5. High inflation is still badly hurting tens of millions of American families. Inflation is likely to slow gradually in 2022, but only gradually as supply and demand get more in balance.