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Vivek Ramaswamy is a tall man with tall hair. And last week, when he stood in front of a crowd in Iowa wearing a black T-shirt under a black blazer, he looked like Johnny Bravo delivering a TED Talk.

Were not gonna be angry tonight, Ramaswamy told a few hundred Iowa voters before calmly explaining his theory of how America got to be so politically divided. The country is going through a national identity crisis, he explained, and people are turning toward racial wokeism and radical gender ideology to fill the emptiness inside. Its Republicans job to fill that void, Ramaswamy said, with a vision of American national identity that runs so deep that it dilutes the woke poison to irrelevance.

The 37-year-old businessman turned political candidate, who seemed to appear out of nowhere on the campaign trail, is now suddenly everywhereincluding tied for third in GOP primary polling and, on Thursday night, at a campaign stop in the Des Moines metro area. The setting was industrial chic: an ultra-modern flooring-and-appliance store with exposed piping, broad glass windows, and huge whirring fans overhead. The crowd of Republican voters mingled between shiny model stoves and porcelain-tile displays, waiting to hear from Ramaswamy and a lineup of other speakers including Iowas governor, Kim Reynolds.

As Ramaswamy had promised, the evenings vibe was not pessimistic or angry. He and the other speakers echoed some familiar Trumpian culture-war and America First themes. But the event lacked the gloom and doom of a Trump rally; there was no ominous string music or rambling soliloquy of personal grievance. Clearly an appetite, however small, exists for Ramaswamys bouncy, fresh brand of Trumpism.

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The voters there may once have liked or even loved Trump, but honestly, theyre a little tired of his negativity. They know that Trump is the current primary front-runner; they might even vote for him again. But Iowa voters, whove long relished their power of first presidential pick, like to keep their options open, and theyre intrigued by Ramaswamy. His youthful optimism is a really good thing, Rob Johnson, a lawyer from Des Moines, told me. He voted for Trump twice, but hes ready for something new. Trump brings an element into [politics] that is not productive. You get more with an ounce of sugar than you do with a pound of vinegar.

Ramaswamy, who was born and raised in Cincinnati, is the kind of entrepreneur whose actual job you cant quite put your finger on. He got his law degree from Yale and founded a biopharma company called Roivant Sciences in 2014. Hes been brawling in the culture-war trenches for a while. In 2022, he started an investment firm explicitly opposed to the ESG framework, which involves incorporating environmental, social, and governance issues into business strategy. Hes written books called Inside Corporate Americas Social Justice Scam and, more recently, Nation of Victims, which urges Americans to pursue excellence and reject victimhood culture.

The Millennial candidate is a bit like the GOP version of Andrew Yang: a get-up-and-go business bro who does something vague in the new economy, and who seemed to wake up one day and ask himself, Why not run for president? Ramaswamy has been all over Iowa since announcing his candidacy 12 weeks ago on Tucker Carlsons now-canceled Fox News show. A national CBS poll of likely GOP primary voters showed Ramaswamy tied with former Vice President Mike Pence for third place behind Trump and Florida Governor Ron DeSantisalbeit a distant third, at 5 percent.

Read: Iowans knew this day would come

On Thursday, Ramaswamy was introduced by a parade of joyful Republican culture warriors, who stood onstage while a loop of Fox News clips played from a projector in the back of the room. The Dallas County GOP chair performatively discarded an empty box of Bud Lite, a brand thats drawn the ire of conservatives for its partnership with a transgender influencer. And the crowd applauded wildly as former State Senator Jake Chapman checked off a list of successful or in-progress Republican projects: banning obscene material in school libraries; pushing for a statewide bill banning abortion after six weeks; Don Lemon getting the axe over at CNN. The cheers rang loudest for the last.

Ramaswamys stump speech was a plea for people to resist the cults of race, gender, and climateand a call to redefine what it means to be an American. That redefinition would apparently involve a few constitutional amendments and a lot of executive power. As president, he told the crowd, hed end affirmative action and shut down the Department of Education. Hed boost the national Republican Party by telling Americans to drill, frack, burn coal, and embrace nuclear. Hed send the military to patrol the southern border instead of defending somebody elses border in God knows where. Hed shut down the FBI and give a gun to every adult in Taiwan to defend themselves against China. Hed prohibit young people from voting unless they performed national service or passed a citizenship test. Hed ban TikTok for kids younger than 16.

Ramaswamy left his listeners with a rosy takeaway: The bipartisan consensus in this country right now is that we are a nation in decline. I actually think were a little young. Were going through our own version of adolescence, figuring out who were really going to be.

The New York Times has called Ramaswamy a smooth-talking Republican whod rule by fiat, and the candidate was proud enough of the headline to put it on his website. At the Iowa event, nobody seemed alarmed by his plans for the country. On the contrary, they were excited. Theyd come to the event expecting a rote political speech from a random nobody; instead, they got a grab bag of new ideas and a blast of energy they havent been seeing on the national political stage, where the current president is 80 and the former is 76.

Read: A world without Chuck Grassley in the Senate?

I was very impressed, Ree Foster, a two-time Trump voter from West Des Moines, told me. I like Viveks attitude much better than Trumps. Tate Snodgrass, a 24-year-old from Burlington, remains a Trump fan. Still, he heard something from Ramaswamy that he hasnt from Trump. Vivek is like, I dont even care about the political parties. This is an American ideal, which I found really appealing, Snodgrass told me. I wasnt expecting to be wowedbut he wowed me.

Ramaswamy, who is Indian American, spoke before a mostly white crowd, in an overwhelmingly white state, and received a notably warm reception. Unlike the Democratic Party, which has shuffled the order of its primary season and demoted the Iowa caucus, Iowa Republicans have kept their first-place spot in the nomination process. Some are confident that Hawkeye State voters can work magic for Ramaswamy the way they did for the little-known outsider candidate Jimmy Carter in 1976or Barack Obama in 2008.

Still, Ramaswamy is a long shot to win the primary; most GOP voters back the former president, who leads by double digits. Although DeSantis is still polling in second place, the conventional wisdom that the Florida governor is the natural heir to Trump has deflated in recent weeks, given his marked deficit of charisma on the campaign trail. But Ramaswamys surprisingly high numbers suggest that maybe a shinier, younger, and more animated America Firststyle politics can still be competitiveor at least disruptivein the age of Trump.

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Shocks at No. 1 — and No. 2?! Winners, losers and takeaways from MLB draft Day 1

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Shocks at No. 1 -- and No. 2?! Winners, losers and takeaways from MLB draft Day 1

The first day of the 2025 MLB draft is complete! The Washington Nationals selected Eli Willits with the No. 1 pick, opting for the prep shortstop — who might be more likely to sign below slot — in a draft with no clear-cut top prospect. And there were plenty of other intriguing selections as the first three rounds unfolded Sunday night.

The Seattle Mariners had to have been thrilled to have Kiley McDaniel’s No. 1-ranked prospect, Kade Anderson, fall to them at No. 3, and Ethan Holliday was selected at No. 4 by his famous father’s former squad the Colorado Rockies.

We asked ESPN baseball insiders Alden Gonzalez, Jesse Rogers and David Schoenfield to break down their favorite and most head-scratching moves of the draft’s first night, as well as to predict which players will bring the most to their new teams in the long term.


A lot of us were thrown for a loop by the first two selections. What do you make of the Nationals taking Ethan Willits at No. 1 and the Angels picking Tyler Bremner at No. 2?

Gonzalez: I was stunned on both accounts. Though there was definitely some uncertainty around the Nationals’ approach, especially since the firing of GM Mike Rizzo, I didn’t see anybody, anywhere, projecting Willits to be their choice at No. 1 overall. But the Angels drafting Bremner was an even bigger risk. Kiley had him 18th in his latest ranking. Six pitchers were ranked ahead of him. But Bremner might be someone who can rise and impact their major league roster quickly, and the Angels are always looking for that.

Rogers: The first two picks really summed up the uncertainty of the entire draft. The Nationals’ faith in a 17-year-old will be tested over the coming years, but the pick will likely save them some money for later in this draft and give Willits time to grow. The same can be said of many of the top picks: They’re going to need time. There are far fewer sure things this year — though Bremner could be the exception. The Angles love to graduate their players quickly, and as a college arm, he could see the majors sooner rather than later. Like Willits, this could also be a cost-saving move for later spending.

Schoenfield: In a draft that not only lacked a sure-thing No. 1 overall pick but was viewed as weaker at the top than those of recent years, it’s perhaps not a huge surprise that the Nationals and Angels used their picks to strike likely underslot deals with Willits and Bremner, giving them money to spend later in the draft — which they can use on high school prospects who might have slipped, trying to buy them out from going to college. It’s a strategy teams have used with success over the years, so the drafts for the Nationals and Angels will have to be viewed in their totality and not just focused on these two players.


What was your favorite pick of the night — and which one had you scratching your head?

Gonzalez: The Rockies have done a lot of things wrong over these last few … uh, decades. But it was really cool to see them take Ethan Holliday at No. 4 after his father, Matt, starred in Colorado for so long. Outside of the top two picks, Ethan Conrad going 17th to the Cubs was my biggest surprise of the night. Kiley had him ranked 30th; others had him falling out of the first round entirely. There’s uncertainty coming off shoulder surgery. But Conrad, 21, put up a 1.238 OPS in 97 plate appearances before his season ended prematurely in March. And the dearth of college bats probably influenced a slight reach here.

Rogers: I’m loving Billy Carlson to the White Sox at No. 10. Though they lost 121 games last season, Chicago couldn’t pick higher than this spot per CBA rules — but the Sox might have gotten a top-five player. Carlson’s defense will play extremely well behind a sneaky good and young pitching staff that should keep the ball on the ground in the long term. Meanwhile, with the pick of the litter when it came to hitters — college outfielders and high school kids as well — the Pirates took a high school pitcher at No. 6. Seth Hernandez could be great, but they need hitting. A lot of it.

Schoenfield: The Mariners reportedly wanted LSU left-hander Kade Anderson all along, but they certainly couldn’t have been expecting to get him with the third pick. (Keep in mind that the Mariners were lucky in the first place to land the third pick in the lottery, so they added some good fortune on top of good luck.) They get the most polished college pitcher in the draft, one who should move quickly — and perhaps make it a little easier for Jerry Dipoto to dip into his farm system and upgrade the big league roster at the trade deadline. Even though I understand why the Angels did it, Bremner still seems a little questionable. With the second pick, you want to go for a home run, and the consensus is that Holliday or even Anderson is more likely to be a more impactful major leaguer. Bremner’s lack of a third plus pitch is an issue, and you have to wonder if the Angels are relying too much on his control — which, yes, should allow him to get to the majors — and ignoring the possible lack of upside.


Who is the one player you’d like to plant your flag on as the biggest steal of this draft?

Gonzalez: Seth Hernandez, who went sixth to the Pirates and should someday share a rotation with Paul Skenes and Jared Jones. High school pitchers are incredibly risky, especially when taken so early in the draft. But Hernandez is a great athlete who already throws hard, boasts a plus changeup and showed improvement with his breaking ball this spring. He’ll go the Hunter Greene route, from standout high school pitcher to major league ace.

Rogers: Jamie Arnold will look like a steal at No. 11, especially when he debuts in the majors well before many of the players taken around him. I’m not worried about the innings drop in 2025 — not when he was striking out 119 hitters and walking just 27. The A’s need to polish him up but will be pleased by how consistent he’ll be. You can’t go wrong with a college lefty from an ACC school — at least, the A’s didn’t.

Schoenfield: I’m going with Billy Carlson with the 10th pick — with the admitted caveat that the White Sox haven’t exactly been stellar at developing hitters. But Carlson looks like an elite defensive shortstop with plus power, and that alone can make him a valuable major leaguer. If the hit tool comes along, we’re looking at a potential star. OK, he’s Bobby Witt Jr. lite? That’s still an All-Star player.


What’s your biggest takeaway from Day 1 of this draft?

Gonzalez: The Nationals throwing a wrench into the proceedings by selecting Willits. It was a surprising choice, but in their minds an easy one. Interim general manager Mike DeBartolo called Willits the best hitter and best fielder available. And in a draft devoid of can’t-miss, high-impact talent, Willits is no doubt a solid pick — a polished hitter who should stick at shortstop and might consistently hit 20 homers and steal 20 bases at a premium position. He also might come under slot, allowing flexibility later in the draft. But his selection is what allowed Anderson to reach the Mariners at No. 3 and prompted the Rockies to draft Holliday at No. 4, among other dominoes. It set a really interesting tone.

Rogers: Things change quickly in baseball. Whereas college hitters are usually the safest bets early in the draft, this year high school position players dominated. (And they all play shortstop, at least for now.) Athleticism has returned to baseball, and draft rooms are acting accordingly.

Schoenfield: I’m agreeing with Jesse. The selection of that many prep shortstops stood out — and they all seem to hit left-handed and run well, and some of them have big power potential and a cannon for an arm. Look, the hit tool is the most important and the hardest to scout and project, so not all these kids are going to make it, but their potential is exciting and, to Jesse’s point, their wide range of tools is showing that baseball is still drawing top athletes to the sport.

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Economists say the cost of living crisis is over – here’s why many households disagree

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Economists say the cost of living crisis is over - here's why many households disagree

Talk to economists and they will tell you that the cost of living crisis is over.

They will point towards charts showing that while inflation is still above the Bank of England’s 2% target, it has come down considerably in recent years, and is now “only” hovering between 3% and 4%.

So why does the cost of living still feel like such a pressing issue for so many households? The short answer is because, depending on how you define it, it never ended.

Economists like to focus on the change in prices over the past year, and certainly on that measure inflation is down sharply, from double-digit levels in recent years.

But if you look over the past four years then the rate of change is at its highest since the early 1990s.

But even that understates the complexity of economic circumstances facing households around the country.

For if you want a sense of how current financial conditions really feel in people’s pockets, you really ought to offset inflation against wages, and then also take account of the impact of taxes.

More on Cost Of Living

That is a complex exercise – in part because no two households’ experience is alike.

But recent research from the Resolution Foundation illustrates some of the dynamics going on beneath the surface, and underlines that for many households the cost of living crisis is still very real indeed.

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UK inflation slows to 3.4%

The place to begin here is to recall that perhaps the best measure of economic “feelgood factor” is to subtract inflation and taxes from people’s nominal pay.

You end up with a statistic showing your real household disposable income.

Consider the projected pattern over the coming years. For a household earning £50,000, earnings are expected to increase by 10% between 2024/25 and 2027/28.

Subtract inflation projected over that period and all of a sudden that 10% drops to 2.5%.

Now subtract the real increase in payments of National Insurance and taxes and it’s down to 0.2%.

Now subtract projected council tax increases and all of a sudden what began as a 10% increase is actually a 0.1% decrease.

Read more:
UK economy figures ‘not as bad as they look’, analysts say
More options than ever for savers to beat inflation

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Will we see tax rises in next budget?

Of course, the degree of change in your circumstances can differ depending on all sorts of factors. Some earners (especially those close to tax thresholds, which in this case includes those on £50,000) feel the impact of tax changes more than others.

Pensioners and those who own their homes outright benefit from a comparatively lower increase in housing costs in the coming years than those paying mortgages and (especially) rent.

Nor is everyone’s experience of inflation the same. In general, lower-income households pay considerably more of their earnings on essentials, like housing costs, food and energy. Some of those costs are going up rapidly – indeed, the UK faces higher power costs than any other developed economy.

But the ultimate verdict provides some clear patterns. Pensioners can expect further increases in their take-home pay in the coming years. Those who own their homes outright and with mortgages can likely expect earnings to outpace extra costs. But others are less fortunate. Those who rent their homes privately are projected to see sharp falls in their household income – and children are likely to see further falls in their economic welfare too.

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Environment

E-quipment highlight: Perkins TracStar battery electric power unit

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E-quipment highlight: Perkins TracStar battery electric power unit

The off-highway equipment experts at Perkins and McElroy have teamed up to develop a plug-and-play battery electric power unit designed to help equipment OEMs and upfitters to seamlessly transition from diesel to battery electric power.

Designed to occupy the same space as the companies’ diesel-engined power units, Perkins dropped its new battery power unit into the similarly new McElroy TracStar 900i pipe fusion machine (specialized equipment used to join thermoplastic pipes like HDPE or polypropylene by heat-welding them end-to-end to form a continuous length pf pipe).

Perkins’ battery electric power unit replaces the company’s proprietary 134 hp, 3.6 liter 904 Series Tier V diesel engine, enabling units that are already deployed to be quickly upgraded to electric power – and helping trade allies and development partners to easily retrofit existing equipment in order to add zero-emission options to their operational fleet.

“We’re actively helping customers navigate the shift in power system requirements, with a range of advanced power systems including electric, diesel-electric and alternative fuel compatible engines,” says Jaz Gill, vice president, global sales, marketing at Perkins. “When it comes to the innovative fully integrated battery electric power unit, it can be ‘dropped in’ to a machine to replace a diesel engine. The system consists of a Perkins battery along with inverters, motors and on-board chargers – all packaged up into a compact drop-in system to support seamless transition from diesel to electric for our customers looking to make that move.”

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McElroy believes that an electric, emissions-free power unit like this one will open new opportunities and applications for its customers.

“Their team has done a phenomenal job of integrating their battery electric system into our TracStar 900i,” explains McElroy President and CEO Chip McElroy. “We’re really excited to see what the market thinks about this concept.”

Development of the battery electric powered pipe fusion machine was completed in about nine months. Future Perkins-powered electric equipment running the 904 diesel (small excavators, telehandlers, pumps, and gensets) could be developed even more quickly. You can find out more in the company’s promo video, below.

Perkins electric power unit


SOURCE | IMAGES: McElroy, Perkins.

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