In 1977, Jimmy Carter made an improbable journey from Georgia peanut grower to Democratic president in part by playing on his humble roots and receiving support from America’s farmers. Yet this bedrock voting constituency abandoned a fellow farmer to back Ronald Reagan four years later, after Carter punished Moscow for invading Afghanistan by cutting off grain sales to the Soviet Union. U.S. farmers were already struggling with collapsing crop prices, and the embargo may have been the final straw. Farmers threw their support behind Reagan, who had promised to lift the hated restrictions.
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Judge Dennis Montali of the U.S. Bankruptcy Court in San Francisco turned down requests from two groups of creditors wanting to propose a Chapter 11 exit plan for PG&E, which is facing huge liabilities from California wildfires.
Analysis: The president’s minor moment of triumph required real sacrifice from the Israeli leader — who delivered it.
The first and second Democratic debates have made one thing clear: A number of major policy reforms are on the table, including sweeping proposals on health care and climate change. And many of these ideas appear popular among the majority of Americans. A July Marist poll found that 63 percent of Americans said a plan like the “Green New Deal,” which would address climate change by investing heavily in environmentally friendly jobs and infrastructure, was a good idea; similarly, 70 percent said they supported “Medicare for all who want it,” which would give Americans a choice between government-sponsored health insurance and private insurance.
In March, the state of Colorado handed a historic win to opponents of the Electoral College by becoming the first purple state to sign on to the National Popular Vote interstate compact. Next November, however, it could make history yet again by becoming the first state to renege on the agreement.
Chancellor Angela Merkel and Finance Minister Olaf Scholz would be willing to increase debt in order to offset a tax revenue shortfall due to an economic slump, the magazine said, citing sources in the chancellery and the finance ministry that it did not identify by name.