The proposed bailout of Spirit Airlines is Trump’s worst deal yet. But in clean hands, socialized ownership sometimes makes sense.
steel
Posted inEconomic Policy
Our Sick Economy
The number of jobs in health care continues to grow. Almost everywhere else, they’re shrinking.
Posted inTAP
What State Capitalism Can Do—and What It Can’t
Today on TAP: Trump’s version is a joke. But even our version would have limited benefits.
Posted inEconomic Policy
When L’État C’est Trump, the U.S. Goes in for State Capitalism
It’s Trump, not Mamdani, who’s having government take over businesses.
Posted inTAP
Trump’s Steel Deal
Today on TAP: The sudden announcement allowing Nippon Steel to buy U.S. Steel is all rhetoric and no enforceable commitments.
Posted inEconomic Policy
Trump, Man of Steel (and Aluminum)
The new 25 percent tariffs on steel and aluminum, directed mainly at China, are partially worthwhile, but were undercut by allowing Nippon Steel to buy into U.S. Steel.
Posted inTAP
Striking Down the Nippon Deal
Today on TAP: National security requires worker security—and some worker power—too.
Posted inTAP
Woman of Steel
Today on TAP: Despite a lot of BS from U.S. Steel execs’ campaign about lost U.S. jobs, Kamala Harris will act to block the Nippon takeover of USS—which will actually preserve jobs.
Posted inTAP
The Politics of Kamala-nomics
Today on TAP: To win the blue-wall states, Harris needs to drive home the progressive populist planks she unveiled yesterday.
Posted inWorking in America
How to Respond to a Blackmailing CEO
U.S. Steel’s David Burritt threatens to flatten Pittsburgh. Where’s the (Democratic) indignation?
