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 […]
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 […]
