People outside of Wall Street might reasonably complain that economics coverage often focusses too much on the numbers to the exclusion of clear explanation and stories about Main Street, the impact on “real” people, etc.
There are several possible ways to remedy this problem where it exists, but a group of Republicans has skipped the niceties and decided that it would be better if said coverage was entirely anecdotal and number-less. Because the numbers would not exist. Read more
Hispanic voters’ apparent disenchantment with Republicans is likely to become a growing problem for the party after US census results showed that population gains in mostly Republican “Sun Belt” states were driven by Latino voters, the FT reports. Texas, a solid “Red” state that supported John McCain in the 2008 presidential election, is gaining four new seats in the House of Representatives. according to census results. But two of them could well be won by Democrats, analysts say, marking the beginning of a gradual shift that could favour Democrats in states such as Nevada, Arizona and Colorado.
The US population grew 9.7 per cent to 308.7m in the first decade of the millennium, the slowest rate of growth since the Great Depression, according to the US census, but still robust compared with other developed nations. The new population data are expected to help Republicans and make Barack Obama’s re-election prospects marginally more difficult because of changes to the electoral college, the FT reports. States that generally support Republicans, such as Texas, Arizona and Georgia, will gain seats in the Congress because of increases in their population, while “Blue” states that voted for Mr Obama, such as New York and Ohio, will lose representatives in the 435-member House. Every state redraws its congressional districts every 10 years de-pending on census results. The FT notes that population growth was fastest in Nevada – up by 35 per cent from 2000 – followed by other southern and western states such as Arizona, up 25 per cent; Utah, up by 24 per cent; and Texas up by 21 per cent. The population fell in only one state, Michigan, where it dropped by 0.6 per cent to 9.9m. It was all but stagnant in north-eastern states such as Massachusetts, up only 3.1 per cent, and New York, where it rose by only 2.1 per cent.