Originally appeared in the New York Times. Even by Trumpian standards, the president has been in high dudgeon this week, railing about everything from illegal immigrants to unfair Chinese trade practices. For that, at least some Trump watchers blame his smashing defeat in the passage on March 23 of the omnibus spending bill. That legislation, […]
Originally appeared in the New York Times. President Trump’s attacks on Chinese trade practices may be garnering the headlines, but underpinning that dispute lies a more consequential struggle, between liberal democracy and state-directed capitalism. Of late, it’s a competition in which the Chinese approach has been delivering the more robust economic result. Indeed, implicit in […]
Originally appeared in the New York Times. In August 2015, the leading Washington budget watchdog predicted that the federal deficit would total about $600 billion the next year. Now, just about two and a half years later, the projected gap for 2019 has grown to $1.2 trillion, in large part because of a boisterous round […]
“[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
