Elections November 2017
In Virginia, Gilespie has lost. Trump claims it is because Gilespie did not embrace him. New jersey elected a Democrat for a Governor also. In both Virginia and New Jersey these were not close races as both Democrats won by good margins of 9% and 13%.
The Virginia House of Delegates picked up 14 more Democrats along with selecting the first transgender to be a in a state legislature. This would be enough Delegates to flip the House to the Democrats. Democratic candidates for Lieutenant Governor and Attorney General were also elected in Virginia.
New York City Mayor Bill de Blasio won a second term.
The Maine Medicaid Expansion was approved by a 17% margin. Maine was the first state to put the decision to a vote. In Utah and Idaho, there are efforts to place a similar initiative on next year’s ballot.
It is not on the chart; but, Detroit’s Mayor Mike Duggan won also.
A big evening for nation wide state Democrats.
Now is time for all good (academic) progressives to forget to come to the aid of the working class — blue collar white and ghetto black both needing the exact same aid: restored labor unions to make employers (really us, the consumers of their production) pay what the labor market will bear (my guess, mostly $20/hr).
Now that we’ve won big we don’t have to desperately look around for lower income voters to aid us.
What President Trump said is irrelevant. He ran against illegal immigration and free trade. Unequivocally.
Ed Gillespie did not really run against either one. He may have tip toed in those directions but the voters have had enough of that.
Dude, Gillespie was “against illegal immigration” and made rediculous comments to prove himself, much like Trump. Stop with that BS. Being a anti-free trader won’t work in Virginia either. That place is the home state of free trade in the Republic. It is like Trump whining about NAFTA and then losing support in Texas(and then trying to negotiate a worse deal, gawd that is another post for another time) due to it.
Gillespie should have ran as a anti-Trump Republican. He would have had a shot then. Indies waves against him, even indies that tend to vote Republican.
Note that the vote in Maine has become irrelevant, because the Governor said no way Jose after the results were announced, since it will take implementing legislation and he will veto it.
Like most other states, if passed by referendum; LePaige would violate the law If he refuses to implement it. There are already plans to take it to court. He lost in court when he arbitrarily decided to cut 19 and 20 years from access.
Candidate Trump ran against illegal immigration and free trade. Unequivocally. He was elected.
Ed Gillespie lost his election.
Ed Gillespie was against the MS13 gang and sanctuary cities. I suppose he was in favor of motherhood and apple pie, but who isn’t.
Do you have a link to an article where he is quoted as being in favor of sending the dreamers back to their home countries?
And a link to an article where he is quoted as being in favor of President Trump’s wall?
You are correct. “Trump Lite” doesn’t work. People have learned that you would be voting for a Bush.
Do you see me commenting??? Take that as a hint, the comment(s) are garbage.
On Tuesday the voters in northern Virginia, who are the most dependent on federal government for their employment, went to the polls and voted for more of the same. That was really their only choice in that gubernatorial election anyway.
And then the next day Bloomberg ran an article “America’s ‘Retail Apocalypse’ Is Really Just Beginning”. It is a tale of retailers staying afloat by borrowing, until they can not.
“In the U.S., retailers announced more than 3,000 store openings in the first three quarters of this year.”
“But chains also said 6,800 would close. And this comes when there’s sky-high consumer confidence, unemployment is historically low and the U.S. economy keeps growing.“
“The reason isn’t as simple as Amazon.com Inc. taking market share or twenty-somethings spending more on experiences than things. The root cause is that many of these long-standing chains are overloaded with debt—often from leveraged buyouts led by private equity firms.“
If everything has been so great then why are retailers in hock up their necks? Perhaps for the same reason that households are in hock up to their necks.
Consumers have been spending more than they earn and that spending has still not been adequate to propel retailers into successful businesses.
Do you begin to see why more and more US voters are tired of more-of-the-same politicians?
Start reading: Hachman Index “Because of its reliance on federal government employment and contractual services, Virginia is less diversified than most other states. By one measure of industrial employment diversity, the Hachman Index, the Commonwealth ranked 38th in 2014 — a ranking that has changed very little in the last seven years. Among peer states, Virginia ranked higher on the Hachman Index in 2014 than Maryland (40th) but lower than Tennessee (7th) and North Carolina (8th). The most diverse state economy in 2014 was Utah. These performance levels have also changed very little over the last seven years.”
Jim H’s comment “long standing chains overloaded with debt” is exactly correct. Mervyn’s overloaded with debt. Montgomery Ward’s inventory systems killed them too much debt to buy what was selling. Sorry a rant. Senator-to-be Mitt Romney’s business model. Take the company private, sell off the assts, load it up with debt and bankrupt it. Chainsaw Al. These are not business people.
Retail stores are show places for inventory. It behooves them to have high turnover. Managers who do not pay attention to turnover rates and inventory accuracy are bound to fail. My own $200 million warehouse turned 20-22 times a year with thousands of skus in it. You did hit upon a point and did not quite state it. Like manufacturing, inventory is the largest cost of operating a manufacturing facility and a retail store such as Wards, Sears, Mervyns, etc. If it does not move, you still own it.
That 3000 stores opened and 6000 closed suggests something to the same as companies opening manufacturing facilities in different countries while closing some in the US. The market for the product moved or increased in other areas. Eliminate the transit inventory by building a facility closer to the market. It might be cheaper to build in China because there is less Overhead; but, the cost of inventory and the inability to touch it due transit times is a killer. By the way, this is what I do for a living or through put analysis.
Dear Run, Agreed. As one who audited inventory systems, it would astound me that the best selling items were out of stock sometimes 20 days a month and more than once it was told it didn’t sell. Well it can’t sell if it is not in stock would be my response.
Currently in France where my local chain grocer has reset the shelves. Faster moving products gone from shelf. Physical inventory does not count what is not there. The computer inventory says there was no turn on these products. The gap as you say is a ROI and profit nightmare. So to rectify that problem there are staff cuts. Remember Safeway’s MAP program(margin and profit) you need 12 people to run 24 hours we will give you 9. In US stores a 4×8 shelf section of soda will turn 122 times but we will replace that section with cosmetics higher profit margins per item but a shelf turn of 3to5 times a year. Gasp.
As you must know, inventory accuracy is a part of the inventory system. Mine was automotive components and larger than canned goods. We were limited by investment as to improvement which might have been another week. Best time to cycle count is during stock put away after receipt. Your dilemma would not last with us as I would be asking the planner, what gives?
Thank you for your comments.