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The Warnings Behind the Numbers

Originally published in the New York Times On its face, Friday’s announcement that the nation’s gross domestic product expanded at a 2.5 percent annual rate in the first quarter was good news, following as it did an only marginally positive result for the previous three-month period. But, alas, that rosy headline figure masked disturbing signs: […]

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Deficit Reduction, Minus the Reduction

Originally published in the New York Times President Obama’s new budget, released on Wednesday, is stuffed with constructive ideas. It bravely outlines concrete steps to begin fixing Social Security. It flouts today’s all-deficit-cutting, all-the-time mentality with important proposals for fresh spending on infrastructure and universal prekindergarten education. It includes detailed plans to close tax loopholes […]

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Reclaim the Center

Originally published in the New York Times Not surprisingly, troubled economic times often beget proselytizers of wacky, extreme ideas. The stagflation of the 1970s blessed us with damaging wage and price controls and the utterly counterintuitive supply-side notion — famously drawn on a napkin — that cutting taxes would lead to higher tax revenues. The […]

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New York Times: Donald Trump Will Do Nothing to Bring Back Our Dying American Dream

Donald Trump got lucky in his first term. When he arrived, inflation was low, unemployment was falli...

The New York Times: How Project 2025 Would Change the Country

When Donald Trump takes the debate stage on Tuesday, he will doubtless again try to disavow Project ...

The New York Times: Don’t Take Trump’s Word for It. Check the Data.

For more than 90 minutes last week, Donald Trump gave a rambling speech accepting the Republican nom...

The New York Times: Biden’s Get-Tough-on-China Tariffs May Backfire

The tide of globalization is receding, at least from American shores. Two successive presidents have...

Book

“[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

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