On MSNBC’s Morning Joe today, Steven Rattner contrasted President Joe Biden’s $1.9 trillion American Rescue Plan with former President Trump’s $1.9 trillion Tax Cuts and Jobs Act, showing the dramatic change in the philosophy of government, in favor of doing more to help those who most need it. Elections have consequences and one of the […]
On MSNBC’s Morning Joe today, Steven Rattner explained why the federal minimum wage needs to be increased but also why politics makes the fight for $15 an hour so messy. The decision by the Senate parliamentarian that a minimum wage increase cannot be part of the $1.9 trillion stimulus package has set off intense efforts […]
On MSNBC’s Morning Joe today, Steven Rattner provided context for the American Rescue Plan, contrasting it with insufficient fiscal spending during the Great Recession and detailing why in 2021 upcoming relief actually surpasses need. The House of Representatives is expected to pass President Biden’s American Rescue Plan today with few changes from the president’s proposal. […]
On MSNBC’s Morning Joe today, Steven Rattner detailed three different proposals for additional stimulus checks, including one from 10 GOP senators, and discussed why new checks should target those who need them—not wealthier Americans, who history has shown will save them. At the center of the wrangling over the next rescue/stimulus package is the question […]
On MSNBC’s Morning Joe today, Steven Rattner detailed President Biden’s plans to reorient federal purchases towards American-made goods and why, unfortunately, such executive action is unlikely to move the needle for manufacturing jobs and union membership. In his latest executive order, President Biden took aim at the vexing problem of declining manufacturing jobs and falling […]
On MSNBC’s Morning Joe today, Steven Rattner documented December’s dismal jobs report, highlighting the slowdown in jobs growth since June that culminated in a contraction in December. Almost lost amidst last week’s nightmare in Washington was a terrible employment report on Friday – the first loss of jobs since the Covid-related collapse in employment back […]
On MSNBC’s Morning Joe today, Steven Rattner documented the swiftly deteriorating state of the economy and while Trump begrudgingly signed the latest COVID-related stimulus bill late last night, he created an unnecessary lapse in payments for millions of Americans. While President Trump played golf and fulminated about “rigged” elections, millions of Americans were left hanging […]
On MSNBC’s Morning Joe today, Steven Rattner outlined the broad array of rescue programs that will expire at year end if Congress fails to pass additional stimulus. As Congress fiddles, the American economy has been burning. A number of key stimulus measures have already expired prematurely and absent Congressional action, as many as 25 others […]
On MSNBC’s Morning Joe today, Steven Rattner reviewed a suite of indicators that all paint a similar picture: the resurgence of COVID-19 cases and lack of stimulus is taking a renewed toll on the economy. President-elect Joe Biden issued a strong call yesterday for another round of economic stimulus – and the evidence suggests that […]
On MSNBC’s Morning Joe today, Steven Rattner explained the market’s reaction to the election results: while there were some winners and losers, stocks overall embraced the combination of a Biden win and divided government. Last week’s stock market gyrations provide an interesting vignette into the implications of an historic election and – particularly given the […]
