Harold Meyerson

Harold Meyerson is editor at large of The American Prospect. His email is hmeyerson@prospect.org.

Recent Articles

The Trumpians: A Confederacy of Dunces, a Dunciad of Neo-Confederates

Midway into the third year of his presidency, Donald Trump is still able to find less competent clowns and more brutal thugs than their clownish, brutish predecessors to execute his policies (or, more accurately, his impulses). His nominations of Stephen Moore and Herman Cain to the Federal Reserve would place political hacks with proven records of economic idiocy in key policy-making slots. At one time or another, each advocated a reversion to the gold standard—the one policy guaranteed to turn a recession into a depression—and both warned repeatedly that the low interest rates and federal spending of the Obama era, which were key to the post-2008 economic recovery, would surely lead to ruinous inflation. Now that unemployment is at record lows, however, they have shifted their stance to supporting lowering interest rates to boost the economy—compliantly echoing the position of a desperate Trump hoping that good economic news will boost his re-election prospects...

Ahem -- Not All of Us Were Wrong About China (or About Wall Street, Either)

In the late 1940s and early 1950s, one of the controversies roiling America was the “Who Lost China” question. After Mao’s Communists took power there in 1949, Republicans—and not only Joe McCarthy—continually alleged that this was all the fault of President Harry Truman and his feckless diplomats, and that some of those diplomats were actually pro-Communist. (In the case of Alger Hiss, this was actually true, but Hiss had no connection to any U.S. policy outcomes, in China or anyplace else). The triumph of Mao’s revolution, of course, was actually due to the fact that some millions of Chinese were willing to fight for the Communists, and far fewer were willing to fight for Chiang Kai-Shek (who had come to personify a rather bleak status quo). In various ways, the Who Lost China debate is back with us again, with any number of commentators now realizing that China’s rise in global power and influence and its model of authoritarian rule (a kind...

So Trump Didn’t Collude -- He’s Still the Most Dangerous President in U.S. History

This article o riginally appeared at The Los Angeles Times . Subscribe here . Well, Jefferson Davis didn’t collude with a foreign power, either. That said, the U.S. senator turned Confederate president did lead a blood-drenched rebellion against his country to enshrine the right of whites to enslave blacks. Without any assistance from other nations, Supreme Court Chief Justice Roger Taney declared (in the Dred Scott decision) that African Americans, whether in slave states or free, had no rights as citizens. America’s darkest moments haven’t come when foreign powers have nosed around in our affairs. They’ve come when our own leaders have dehumanized their fellow Americans, which invariably has prompted acts—or waves—of violence against them. Special Counsel Robert Mueller has concluded that President Trump and his 2016 presidential campaign didn’t collude with Vladimir Putin and his hacker apparatchiks to bring down Hillary Clinton. As to...

A Groundbreaking New Enterprise: Buybax!

This article is a preview of the Spring 2019 issue of The American Prospect magazine. Subscribe here . AN EXCLUSIVE OFFER FOR AMERICAN PROSPECT READERS, A ONCE-IN-A-LIFETIME OPPORTUNITY TO INVEST IN A GROUNDBREAKING NEW ENTERPRISE: BUYBAX! BUYBAX represents a radical break with the temporizing practices of most present-day American corporations, which still pay lip service to such hoary purposes as making, selling, or improving a product or a service—practices that require them to divert resources to such revenue sinkholes as research and development, production, marketing, employment, and the occasional cultivation of goodwill. NOT SO BUYBAX! The business plan of BUYBAX is elegantly simple: WE WILL ISSUE STOCK—AND BUY IT BACK . THAT’S IT. THAT’S ALL. SHARES OUT, SHARES IN, SHARES UP. AND YOU SHARE IN THE WEALTH! How, you may wonder, does this differ from the current practices of American big business? All right, we acknowledge that U.S. corporations spent more...

Regulate Boeing? Naah. Assert Congressional Authority? Naah.

The do-nothings: McConnell and Chao, a Washington love story

Europe and Asia have stopped flying the Boeing 737 MAX 8, but it still soars overhead in the good old USA, rattling the confidence of air passengers from Maine to California. And what has the Federal Aviation Administration, which is part of the Department of Transportation, done in response? Nothing. That’s par for the course at the DOT, headed by Transportation Secretary Elaine Chao, the longtime wife of one Mitch McConnell. According to an article in today’s Wall Street Journal: Thirty-five congressional mandates sit unanswered, on everything from minimum seat space to secondary barriers protecting cockpits. The top job at the Federal Aviation Administration has been open for 14 months. Enforcement fines against major U.S. airlines have dropped 88 percent in the past two years, even as three-hour tarmac delays have more than doubled. The Transportation Department under Secretary Elaine Chao has seemingly been delayed on a number of issues important to travelers. Even...

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