In the 1980s, Wall Street vowed to make housing more affordable through deregulation of housing finance. The result was the 2008 crisis.
Economic Policy
Posted inPolitics
Can the Democrats Reclaim Economic Populism?
That challenge is key to winning back voters who deserted the Harris-Walz ticket in 2024. Some rank-and-file members are calling for something new.
Posted inWorking in America
Global Working Conditions Matter for American Workers
The Trump administration has cut programs that help prevent forced labor and child labor. This will suppress wages everywhere, including the U.S.
Posted inTAP
Cracks in the Wall
Today on TAP: Opposition to Trump is growing. That will embolden more opposition.
Posted inEconomic Policy
The Trade Policy We Need
Trump’s on-again, off-again tariffs are incoherent, but that should not discredit targeted tariffs paired with investment as a policy lever.
Posted inBooks
An Abundance of Credulity
They want abundance. But they ignore who profits most from scarcity.
Posted inPolitics
Sowing a Rural Insurgency
New organizing groups agitate for a healthy share of resources to rebuild the Democratic image in left-behind communities.
Posted inPolitics
Burning Down the House
What ties together all of Trump’s moves is personal vindictiveness and a fragile ego. At what point does reality or Republican pushback intrude?
Posted inPolitics
Trump’s 180 on Electric Vehicles—Provided They’re Teslas
He won autoworkers’ support by opposing EVs, which need fewer workers to produce. Last week, he pitched Teslas to American motorists.
Posted inAmerica and the World
Mark Carney Knows Trade, Must Master Politics
The new Canadian prime minister, a former international banker, can handle a crisis, but he’ll have to cope with the ups and downs of retail politics on the campaign trail.