All the political skirmishing around the looming government shutdown has obscured the critical reason for it in the first place: Republicans have essentially stopped saying they want to repeal Obamacare, but quietly, they are doing exactly that. Over the past nine months, Republicans have gone a long way toward dismantling key Obamacare provisions under the […]

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 […]