The whole economy has been pumped up by unsustainable investment in AI. The unwinding will not be pretty—and could be catastrophic.
Economic Policy
Posted inPolitics
Republicans Running Scared in the Rio Grande Valley
Trump’s economic and immigration policies have pushed South Texas voters away from the GOP, but that doesn’t mean they’ll vote blue no matter who.
Posted inPolitics
The Brownback Brushback in Kansas
Data centers and a stadium deal have set the table for a contentious governor’s race in a state that has yet to recover fully from its disastrous mid-aughts tax-cutting ‘experiment.’
Posted inEconomic Policy
Trump’s Debt Crisis Will Be Easy to Fix
All that’s needed is the political will to staff the government and nudge up taxes.
Posted inTAP
A Tectonic (or Techtonic) Shift in American Politics?
Culture-war populism looks to be giving way to economic populism.
Posted inTechnology
Will an AI Slowdown Tank the Economy?
Anthropic and OpenAI want to hit the brakes on AI investment—the only thing propping up the broader economy.
Posted inEconomic Policy
The Trump Administration Creates a Monopolization Machine
New rules could grant ‘small business’ benefits to companies with up to $5 billion in assets. Actual small businesses may have no choice but to sell.
Posted inEconomic Policy
How Should the Federal Reserve Deal With the AI Bubble?
The turmoil in the AI industry is further complicating the Fed’s upcoming decision on interest rates.
Posted inTAP
Germany’s Far Right, China, and Trump
Unless the West devises better economic strategies, the AfD will keep gaining ground.
Posted inEconomic Policy
Trump’s Disastrous Reign Will Cost You More Than $5,000
The war in Iran alone could easily cost more than $2 trillion.