Trump’s ‘One Big Beautiful Bill’ Continues Assault on Obamacare
Rather than end Obamacare, which would be politically costly, the Trump Administration is working to hollow it out.
Read more...Category Archives: Macroeconomic policy
Tariff Turmoil and the Money Markets: Yet Another Rescue Coming
In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financiers.
Read more...Musk Might Be Gone, But Watchdogs Warn Trump/DOGE Carnage Will Continue
“Musk’s departure ….does not actually change…. DOGE’s mission to destroy everything that protects the public from….rapacious oligarchs”
Read more...Ideology-Driven, Inflationary Trump Tax and Tariff Policies Losing War With Bond and Currency Markets
ump’s trade, tariffs and tax schemes are already starting to come apart. And he seems to have no Plan B.
Read more...Trump Smoke and Mirrors on Full Display in Claimed “$142 Billion” Saudi Arms Deal
A look at the workings and effectiveness of Trump hype, from the touted India-Pakistan mediation to DOGE to the new Saudi arms agreement.
Read more...Currency Wars, Class Warfare, and the Republican Dilemma Over Medicaid
Faced with a shrinking list of options to trim the budget, Republicans are now eyeing Medicaid – but will that fly among Trump supporters?
Read more...Distributional and Macroeconomic Effects of Trump 2.0: The Rich Get Richer and the Poor Get Poorer
The likely outcome of Trump policies are a recession, a rise in inequality, and a further fall in living standards of working and middle-class Americans
Read more...Complacency, Denialism and the Risk of an Economic Trumpocalypse
Why the downside to Trump economic policies are far greater than the press and pundit class are willing to acknowledge.
Read more...Satyajit Das: The Unravelling – Part 2: Contagion & Containment
Mapping the contagion fever chart of how a Trump financial meltdown might unfold.
Read more...Satyajit Das: The Unravelling – Part 1: Economic & Financial Furies
Why the Trump-induced economic and financial train wrecks will be more severe than most pundits seem to anticipate.
Read more...Keynesian Militarism or Wishful Thinking?
European NATO members hope Keynes’ magic will make their newly adopted militarism feasible. A sanity check.
Read more...Satyajit Das: European Mirages – Why Crises and Decline Lies Ahead
To alleviate its decline, Europe needs to restore good relations with Russia and China, which seems impossible absent regime changes
Read more...Satyajit Das: DOGE – The Accelerant in American Decline
Republicans find DOGE’s actions are not universally popular. US courts have begun disallowing cancellation of contracts and terminations
Read more...Fed Not Buying Trump Administration Economic Snake Oil but Stands Largely Pat While Depicting Higher Inflation, Lower Growth Prospects
The Fed has noticed that Trump’s policies are chilling growth while stoking inflation, but is not yet ready to react strongly.
Read more...Replacing Foreign Aid: A Macroeconomic Plan B for Ukraine (and Europe)
Some Serious Economists make an analytically desperate justification of Europe providing big-ticket economic assistance to Ukraine
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