Economics/Class Relations

People are voting with their wallets

Nicholas Carlson November 2, 2022

 

Hello, Insiders. War in Europe, political violence in California, epochal elections in South America, and Elon Musk’s shenanigans are dominating headlines — but everyone on social media is talking about the viral story of one woman who refused to give up her first class seat in order to help a family sit together on an airplane. People on both sides of the debate are outraged. Was she in the wrong? Or was the family?

 

My view: It’s always nice to help families out, but it seems like they were asking her to switch out of the seat she paid for and take a seat in a different cabin. Tickets are expensive! (While we’re talking airplane etiquette, let me say here and now that it’s always OK to lean your seat back.) Just some airplane food for thought as we gear up for Thanksgiving travel. But now, let’s get to the news.

The latest
  • A comedian and actor is apparently putting Elon Musk’s control of Twitter and its moderation practices to the test. What’s going on.
The big story
Manuel Balce Ceneta, File/AP Photo
It’s becoming increasingly clear that one thing will dictate the midterm elections: Americans’ wallets.

 

But right now, people — and their wallets — aren’t happy. Inflation is high, rent is high, and gas prices are high. That’s bad news for Democrats, who are fighting to maintain a slim majority as poll after poll shows voters may end up turning to Republicans to fix it all.

 

Of course, the economy as a focal point for an election isn’t a novel occurrence. It’s usually one of the key issues Americans factor into their votes. But the timing couldn’t be worse for the Democrats as the midterms approach.

 

While Democrats have notched some economic wins, the picture is still grim, and might only be getting worse as the likelihood of a recession in 2023 intensifies. For Democrats, soaring prices might not just chip away at their wallets — it could cost them the election.

 

Read the full story here.

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Today’s sound bite
“Amazon’s way doesn’t always create happy employees or even functional young companies.”
Editor at Large Julie Bort on the Amazonification of the tech industry. Check out the full segment in today’s episode of The Refresh from Insider.
Watch this
President Jair Bolsonaro’s supporters in Brazil are protesting against leftist Luiz Inácio Lula da Silva’s victory in the presidential election.
Today’s team
Nicholas Carlson (@nichcarlson), Hallam Bullock (@hallam_bullock), Lisa Ryan (@lisarya), and Jordan Parker Erb (@jordanparkererb).
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