On MSNBC’s Morning Joe today, Steven Rattner presented charts showing the failure of Trump’s tariffs to shrink the trade deficit with China while at the same time inflicting substantial pain on American farmers and other targeted sectors. President Trump is pushing hard for a trade deal with China and it’s not hard to see why: […]
On MSNBC’s Morning Joe today, Steven Rattner discussed the latest GDP and investment spending data – both show clear slowing trends, with results falling short of White House forecasts. The Commerce Department reported yesterday that the economy slowed to a 2.6% growth rate in the fourth quarter. While that was modestly better than economists expected, […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing the wide ideological spectrum among the growing list of 2020 presidential hopefuls. With Bernie Sanders’ announcement that he will again seek the presidency, the Democratic field has now reached an even dozen. That ties the record for the most Democrats to ever seek their party’s […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing evidence of how the 2017 tax law has disproportionately hurt residents of “blue states” that historically have been heavy users of the state and local tax deduction. Elections have consequences, and one of the consequences of the 2016 election was the introduction of a $10,000 […]
On MSNBC’s Morning Joe today, Steven Rattner assessed President Trump’s promise to Make America Great Again. In a series of charts, he shed light on the state of economic growth (sub-3% and slowing), jobs in the manufacturing sector (little changed), federal deficit (exploding) and stock market performance (average). In his State of the Union address […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts summarizing the various challenges to economic growth that have emerged that are poised to test Trump heading into the 2020 elections. Whether it’s the government shutdown, the volatile stock market or the trade war (or other factors), worrisome economic signs are beginning to emerge. For starters, […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing that the only crisis at the border is humanitarian in nature – one that won’t be fixed by funding for Trump’s wall. From the day he announced his presidential campaign, Donald Trump has been railing about Mexican immigration. Our southern border is too porous, he […]
On MSNBC’s Morning Joe today, Steven Rattner addressed the recent stock market correction with charts showing that global growth concerns are largely to blame. The Federal Reserve raised interest rates yesterday and the stock market promptly crumbled, putting the Standard & Poor’s index on track for its worst December since the Great Depression. What is […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing that President Trump has failed to achieve two of his principal economic goals – shrinking the US trade deficit and revitalizing the manufacturing sector. As Donald Trump’s presidency approaches the two year mark, new data issued last week shows that he has made little progress […]
On MSNBC’s Morning Joe today, Steven Rattner provided some context surrounding General Motors decision to lay off workers – contrary to what Trump would have you believe, trade isn’t the primary culprit. President Trump would like the American public to believe that the recent layoffs by General Motors were driven principally by foreign import competition, […]