On MSNBC’s Morning Joe today, Steven Rattner discussed how cord-cutting and the streaming wars are driving recent consolidation in the media industry — a never-ending race for viewers and content. Yesterday’s announcement that Amazon will buy the movie studio MGM is just the latest in a series of major deals in the entertainment business. Why […]
On MSNBC’s Morning Joe today, Steven Rattner discussed the latest worrisome trends in inflation and explained why in the near term, prices are likely to go even higher. Last week’s Consumer Price Index release was complicated by the economic effects of the pandemic. But what has become clear from all the available data is that […]
On MSNBC’s Morning Joe today, Steven Rattner delved into April’s disappointing jobs report, exploring potential reasons why, despite many job openings, Americans are not returning to work as quickly as anticipated. Friday’s jobs report was, indeed, disappointing. Whether it proves to be an accurate reflection of the state of the economy remains to be seen […]
On MSNBC’s Morning Joe today, Steven Rattner charted President Biden’s first 100 days in office, focusing on the new administration’s progress in tackling the pandemic and jumpstarting the economy. Time to take stock of President Biden, as he reaches his 100-day mark this week. Indeed, among presidents since the Great Depression struck, Mr. Biden ranks […]
On MSNBC’s Morning Joe today, Steven Rattner charted historical trends in corporate tax rates and revenues, highlighting just how little American corporations pay today and how international competition has contributed to the problem. A key component of President Biden’s American Jobs Plan – his $2.25 trillion “infrastructure” proposal – is how to pay for it; […]
On MSNBC’s Morning Joe today, Steven Rattner charted the significant household wealth increases in 2020, a year in which many suffered while others – particularly the wealthy – prospered. Last year, even as the nation suffered through a pandemic, an exceptional amount of wealth was created – but hardly evenly across income and racial groups, […]
On MSNBC’s Morning Joe today, Steven Rattner charted the nation’s ongoing economic recovery, highlighting encouraging trends in restaurant dining, air travel, and unemployment. Last Friday’s unexpectedly strong jobs report was the latest indication that the economy is reopening, as more and more Americans have become vaccinated and case counts have fallen from January highs. One […]
On MSNBC’s Morning Joe today, Steven Rattner highlighted the key takeaways of President Biden’s latest fiscal proposal, explaining just how much of the American Jobs Plan would go toward infrastructure and contextualizing how such spending compares to recent history. President Biden unveiled yesterday the largest, most sweeping government spending plan in at least 50 years. […]
On MSNBC’s Morning Joe today, Steven Rattner highlighted the gap in vaccinations between the United States and the European Union, documenting how poor vaccine rollout is yet another symptom of the EU’s longstanding inefficiency. Europe has been badly lagging among developed countries in getting its citizenry vaccinated, which shouldn’t be overly surprising; the European Union […]
On MSNBC’s Morning Joe today, Steven Rattner documented the evolution of American deficits and overall debt, set to reach historic highs in the coming decade. In the post-Covid world, deficit hawks have become nearly an extinct species. That’s too bad because even as we address our pressing economic challenges, we should keep an eye on […]
