If Trump needed one more calamity less than three weeks before the election, the financial house of cards is tottering.
Iran
Posted inEnergy and the Environment
Trump’s Great Gift to Chinese Automakers
First, he took away GM and Ford’s EV subsidies. Then he drastically jacked up the price of gas and diesel.
Posted inTAP
The Political Economy of Diesel
Trump is trying every possible short-term trick to cut diesel prices. None of it will work; he might as well command the tide to recede.
Posted inPolitics
Republicans Had 690 Days to Oppose Trump
They’re trying to cram all the opposition into the last 40 before the election.
Posted inAmerica and the World
War Has Never Been More Irrational
Yet right-wing leaders like Trump and Putin keep starting them.
Posted inAmerica and the World
Aftermath: A Second Middle East Front
The U.S. is officially uninvolved in fighting between Houthis and the Saudi-backed government in Yemen, but quietly they are offering the Saudis support.
Posted inTAP
The Unbearable Lightness of Pete Hegseth
While the military is running out of missiles, the secretary of war is fixated on whether the troops are adequately toned and testosteroned.
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 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.
Posted inEconomic Policy
How Trump Declared Economic War on His Own People
The simultaneous economic sanctions on Iran and Canada will make everything you buy cost more—if we’re lucky.