Walker To End His Campaign!


The field has now dwindled to a mere 15 Repub hopefuls.

Walker suspends 2016 campaign, urges party to find Trump alternative

Wisconsin Gov. Scott Walker, once a leading candidate in the Republican presidential race, suspended his struggling 2016 campaign on Monday — while issuing an appeal to his party to counter the rise of front-runner Donald Trump. 

At a hastily called press conference in Madison, Walker confirmed the news that by that point had leaked out: “I will suspend my campaign immediately.” 

But the governor also lamented that the contest has “drifted into personal attacks” and urged other contenders to consider following him out of the race, if only to help elevate those who can compete against the front-runner. Without naming Trump, Walker clearly warned that the billionaire businessman could damage the party. 

“I believe that I am being called to lead by helping to clear the field in this race so that a positive, conservative message can rise to the top of the field,” Walker said. “… I encourage other Republican presidential candidates to consider doing the same so that the voters can focus on a limited number of candidates who can offer a positive, conservative alternative to the current front-runner.” 

The decision marks a swift reversal in fortunes for Walker, who over the summer was seen as the candidate to beat in the key state of Iowa. But the governor who forged a national reputation on his record battling union power in his home state saw his position slide in recent months. …….

Well, with such a large field, it’s no surprise that some just couldn’t gain any traction.  I am, though, a bit surprised by the first two to drop out.  I would have thought both Walker and Perry would have more staying power than this.  That said, I’m pretty sure several others are just hanging on to hope for something magical.  And, Walker is correct, they need to get out.  All the money being spent in the Repub campaign is less money available for the general campaign. 

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9 Responses to Walker To End His Campaign!

  1. Latitude says:

    x amount of money…divided by 15…and Trump

    That’s a combination that will get no one to commit

    I think Lindsey wants to be the first president to come out in office

  2. Lars P. says:

    Now this is interesting: even with the official inflation data wages are now in the US lower than 1973?
    In addition stunning to see the uncoupling between productivity and wages:

    • DirkH says:

      This must be the change in “real” i.e. inflation adjusted wages. Otherwise American workers would be starving already. Remember the 7% and more per year inflation in the 1970ies across the West (end of Bretton Woods 1973, Oil price inflation).

    • DirkH says:

      Here is a caveat: Wages are adjusted using the CPI, productivity uses a different deflator, the IPD.
      The page contains a nice paradox: Moneyprinting defending keynesian Krugman :
      “Paul Krugman and many others argue that compensation has not grown as fast as productivity.”
      Notice that the gap opens up exactly when the Gold standard was abandoned! Why this is so I can’t explain but it can’t be a mere coincidence. So the Keynesian Krugman endorses EXACTLY the system that CREATES the gap!

      • Lars P. says:

        Yep, and if you look at the average hourly wages (CPI) in your link it shows -7% which is to the point of the link I posted above:
        “The typical man with a full-time job–the one at the statistical middle of the middle–earned $50,383 last year, the Census Bureau reported this week.

        The typical man with a full-time job in 1973 earned $53,294, measured in 2014 dollars to adjust for inflation.”

        It does not say workers are starving now, only that they earn less then 1973 on a constant CPI adjusted basis. Whilst CPI underestimates real inflation too – through the quality improvement built in the coefficient – factoring in technological development.

        Indeed the disconnect appears exactly when the Gold standard was abandoned – probably because it allowed for different monetary policy…

        • DirkH says:

          There’s a name that I forgot for this effect that newly printed paper money first goes to the banks and allows them to earn interest with it / speculate with it before it arrives at main street.
          I don’t know if that effect is sufficient, but it should make a small difference each year.

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