Perhaps we should have seen this coming. In his first term, Donald Trump was not shy about using the bully pulpit of the presidency to attack any institution that interfered with his uniquely distorted economic philosophy. He roundly criticized the chairman of the Federal Reserve, Jerome Powell, for raising interest rates. He harangued Harley-Davidson for […]

When my kids were in college, I insisted that they each take at least one economics course. Being economically illiterate ranks, in my mind, just below not being able to read or write. Now we have a president who is fundamentally ignorant of the most basic and incontrovertible economic principles, as evidenced in his latest […]

With unusual speed, and despite an armada of controversial provisions, Congress has birthed a sprawling, nearly 900-page policy bill stuffed with hundreds of changes that will bestow trillions of dollars in tax cuts on the rich and special interests while slicing deeply into social programs relied on by millions of Americans. Much like President Trump’s […]