Steven Rattner

Even though significant compromises will be required in Congress and not every progressive idea will be embraced. Originally published in the New York Times Here we are, just four weeks past Election Day, and renewed skirmishing has already broken out within the Democratic Party. Having mostly rallied behind Joe Biden after the primaries, progressives now […]

Biden needs to counter the president’s positive economic approval ratings with the facts. Originally published in the New York Times By most measures, President Trump’s poll ratings have long been loitering below the waterline, even more so since the pandemic swept through the United States, killing more than 220,000 and devastating the nation’s economy. That is, by […]

Don’t believe the story that Trump will tell at the Republican convention. Originally published in the New York Times As Republicans take the virtual stage for their convention this week, expect to hear much chest pounding about how great the economy has been under Donald Trump’s leadership and how fast it is coming back from […]

Judy Shelton, Trump’s latest unqualified and dangerous nominee to the Federal Reserve Board, must be rejected. Originally published in the New York Times Having failed in past attempts to put unqualified ideologues on the Federal Reserve Board, President Trump is giving it another try — and is closer to victory than previously. The nominee in […]

Why is the market doing so well when the economy is doing so poorly? Originally published in the New York Times From the Department of Curiosities: On Tuesday, as the number of new coronavirus cases continued to spike to record levels, the stock market closed out its strongest quarter in more than two decades. That […]

The economy can’t fully recover without longer-term help from Washington. Originally published in the New York Times Like dutiful soldiers, President Trump’s top economic advisers have been ardently echoing their boss’s optimism about the likelihood of a quick economic snapback, while downplaying the need for another rescue package. Regrettably, that’s dead wrong on both counts, as even Mr. […]

Congress gets an A+ for speed but a B- for quality. Originally published in a New York Times Op-Ed The next round of economic stimulus has now emerged from Congress’s sausage factory, with more rescue efforts inevitably to follow. Hats off to Congress for moving quickly, particularly in passing the gargantuan $2.2 trillion package late […]

To save American jobs, we need to save American businesses. Originally published in the New York Times Here we go again. With business activity having declined precipitously, bailouts of troubled companies are appropriately back on the table. Distasteful as they may be, we need rescue plans urgently, for both small and large business, and we need […]

The coronavirus is pushing down growth and risking recession Originally published in the New York Times At long last, the president declared a national emergency on Friday that took aim at some of the specific repercussions of the coronavirus pandemic. And Congress is moving forward with its own, smaller package. But we need much more, specifically, a […]

Democrats can easily show that the president has done little to help the economy. Originally published in the New York Times Every few days, fresh economic statistics roll out, each one almost invariably reinforcing the perception of a solid economy. In his State of the Union address on Tuesday night, President Trump reinforced that impression […]