U.S. Customs and Border Patrol has dramatically reduced policing of forced labor violations, as the agency focuses more resources on tariffs.
Economic Policy
Posted inTAP
The Federal Reserve Is Out of Tricks
Today on TAP: And so is Trump’s maneuver to take over the central bank. Even if he were to succeed, there is no good monetary cure for Trump’s economic carnage.
Posted inTAP
Democratic Brazil, Autocratic America
Today on TAP: Their system is working as Bolsonaro is brought to justice. Ours is failing.
Posted inEconomic Policy
Crypto Bank Machine Operators Swindle Seniors
Once described as the ‘AR-15s of the financial services industry,’ crypto ATMs remain a hotbed for scams targeting vulnerable communities. But third-party fraudsters aren’t the only ones laughing all the way to the bank.
Posted inPolitics
The Oligarchy’s Best Friend
With all of Trump’s alarming moves toward authoritarianism, it’s easy to overlook that he is also an ordinary plutocrat.
Posted inTAP
The Coming Trump Stagflation
Today on TAP: The self-inflicted damage to Trump’s economy is deepening. Will he get away with it politically?
Posted inMoney, Politics, and Power
Democrats Must Oppose the AI Industry
As currently constructed, AI is an oligarchy-enriching, worker-immiserating, energy-depleting, brain-rotting economic bubble in waiting. Democrats can get on the public’s side here.
Posted inPolitics
Squad Hopeful in L.A. Has Lived Through ICE Terror Before
Justice Democrats today endorsed Angela Gonzales-Torres, who is challenging incumbent Jimmy Gomez for his seat in California’s 34th District.
Posted inEconomic Policy
What If There’s No AGI?
The technological struggles are in some ways beside the point. The financial bet on artificial general intelligence is so big that failure could cause a depression.
Posted inEconomic Policy
Trump Deal Lets Intel Move Factories Overseas, Sen. Warren Explains
In a letter to the Commerce Department, Warren blasts the actual deal between the Trump administration and Intel, even as she supports the concept of equity stakes.