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The Huge Problem That Nobody Cares About

Originally published in The New York Times. The Treasury Department reported last month that the nation closed its fiscal year with the national debt having reached a record $31 trillion, a stunning rise from a comparatively modest $20 trillion just six years earlier. The announcement elicited little notice. Given the rate at which our obligations are […]

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The New Tax Bill Doesn’t Touch the Wealthy

Originally published in the New York Times. Early in my deal-making career, a Wall Street veteran counseled me to “never let the perfect be the enemy of the good.” The Senate majority leader, Chuck Schumer, may have had similar advice in his head as he relentlessly corralled his 49 Democratic colleagues into passing the Inflation Reduction […]

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Reduce Climate Emissions and the Deficit? It Might Yet Be Possible.

Originally published in the New York Times. Even in Washington, miracles sometimes happen. Less than a week ago, any tax and spending deal in Congress — let alone a meritorious one — seemed utterly implausible. But the new package announced on Wednesday is a step in the right direction on several of our pressing economic challenges. While substantially […]

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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...

The New York Times: What Trump Would Do To Our Economy

Originally published in The New York Times. Much to fear about another Donald Trump presidency: ...

The New York Times: America’s Broken Immigration System, In One Chart

The immigration problem Congress faces is large and complex. Let’s break it down. Between Octob...

More than Words: 10 Charts That Defined 2023

Some years are defined by a single event or person — a pandemic, a recession, an insurrection — ...

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“[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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