Chris Murphy Replacing Joe Lieberman Will Shift Policy to the Left on Trade and Budget Issues

A blog about business and economics.
Nov. 6 2012 8:42 PM

Chris Murphy Replacing Joe Lieberman Will Shift Policy to the Left on Trade and Budget Issues

Democrat Chris Murphy winning a Senate seat in Connecticut isn't a big surprise and won't alter the partisan composition of the Senate, but it does change the ideological complexion of the body. Lieberman is a very moderate Democrat (46th most liberal member of the 112th Senate, between Pryor and Baucus) whereas Murphy is a pretty liberal Democrat.

You can see this on a few key economic issues. Lieberman is a huge fan of the Simpson-Bowles plan to the point of opposing Barack Obama's tax proposals. He's also an ardent free trader. Murphy has nothing to say about Simpson-Bowles and wants to partially dedicate the money from repealing the Bush tax cuts "to help pay for college and job training for the middle class." He's also a major proponent of Buy America laws with much more of an industrial policy orientation than Lieberman.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.