Originally appeared in the New York Times. Once again, the Federal Reserve has regrettably become a favorite whipping boy. President Trump has been lobbying it to lower interest rates, even though the unemployment rate is 3.8 percent. Progressives are still complaining that the central bank didn’t do enough to stimulate the economy in the wake of […]
Originally appeared in the New York Times In Donald Trump’s two-plus years as president, his approach to policymaking has often been defined by an unsavory stew of indecision, inaction, flip-flops and outright lies. Nowhere has this been truer than with health care, where the administration has reversed direction multiple times. A short history: During his […]
Sometimes, swift and forceful government intervention in the private sector is the only way out of a crisis Originally appeared in the New York Times. Almost exactly 10 years ago, President Barack Obama went before the nation to unveil an urgent overhaul of the nation’s automobile industry. The financial crisis and plummeting economy had swept America’s already […]
“[a] surprisingly modest account…Rattner has a journalistic talent for the telling detail, resulting in a memorable tale of life in the middle of the economic meltdown...Rattner deftly draws portraits of the inhabitants of "the Oval" and the West Wing...Rattner has proved himself a gifted chronicler.”
-Time Magazine
