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The two tumultuous weeks in July 2024 started with a sniper shooting at the former president, followed by the Republican Convention within days. The president's address calling for calm, Trump's 90 RNC address which rambled to veer off course. Second thoughts about Trump and Biden's age and calls by Democrats for Biden to withdraw after the faltering delivery in the debate. Biden has Covid and isolates for a few days. On July 22 around 1.45 pm Biden puts out a letter on X (Twitter) that he is withdrawing and giving his full support to Kamala. Within hours Harris has overwhelming support. The next day morning Harris has secured the delegates needed. By the 24th in 48 hours she has raised $250 million for the campaign and about 100,000 volunteers. A dizzying pace for 48 hours that riveted the attention of the American people and the world.
Grouped Articles
With Speech to Teachers, Harris Waded into a Fiery Education Debate
NYTimes.com 07/25/2024
Kamala Harris: A woman of firsts – DW – 07/23/2024
dw.com 07/25/2024
‘Capable’ Harris and Biden’s legacy: key takeaways from the president’s address
The Guardian 07/25/2024
Biden Says He Will ‘Pass the Torch’ to Harris in Oval Office Address After Ending Campaign
WSJ 07/24/2024
Opinion | Kamala Harris Confounds the Republicans
WSJ 07/24/2024
President Biden Addresses the Nation
YouTube 07/25/2024
Spending is to be kept at 71 trillion yen for the next 3 years and the budget balanced in 10 years. This is critical to the Democratic Party government's credibility on spending, deficit and debt issues facing Japan.
Grouped Articles
Abe Set to Proceed With Tax Increase in Japan
Wall Street Journal 09/12/2013
Japanâs Prime Minister Warns That Debt Could Bring a Crisis Like That of Greece
New York Times 06/11/2010
Japan Expects Higher Tax Revenue
Wall Street Journal 01/14/2015
In Budget Plan, Japan Proposes More Spending and Aims to Borrow Less
New York Times 01/14/2015
Japan Vows to Cap Budget at 71 Trillion Yen
Wall Street Journal 07/20/2010
Shaking up Japan: Bold, or plain reckless?
Economist 02/05/2011
Carmen Reinhart points out that the government can only assume private debt at a realistic price. Without principal reductions there appears to be no solution to the problem of the fifth of homeowners in the US who are under water. This keeps acting as a drag on the economy.
Grouped Articles
BusinessWeek 09/30/10
State Attorneys General Take Helm in Mortgage Mess
New York Times 10/29/10
To Fix the Housing Crisis, Read the Data
New York Times 11/04/11
Deepening Crisis Over Euro Pits Leader Against Leader
Wall Street Journal 12/30/11
Forgiveness of Debt Could Yield Savings
Wall Street Journal 07/30/12
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