Republicans are Jumping Ship Days Before the Midterms | The Week
George Hahn recaps the week's Prof G Media shows: Heather Cox Richardson and Scott Galloway on the midterms, Kyla Scanlon and Aziz Sunderji on housing, and Ed Elson and Steve Eisman on Anthropic's IPO.
The gist
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Heather Cox Richardson says Republicans are abandoning Trump before the midterms, much like the 1850s, as new issues like data centers and AI reshape coalitions.
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Scott says record ad spending of $11.2 billion, including $850 million on one Texas Senate race, will show money's political return falling off a cliff.
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Scott argues Elon Musk's $300 million in midterm spending is like a millionaire spending $300, and says progressive taxes are needed to check that power.
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Scott says housing is a supply problem because homeowners now control permits, and subsidies only boost demand; Aziz Sunderji also blames income inequality.
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Ed Elson flags over $800 billion in compute commitments missing from Anthropic's income statement, and Steve Eisman says he wouldn't invest, seeing no moats.
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