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Category: Economy

August 20, 2020
Lesson from the Great Recession: Don’t Let States Become the “Anti-Stimulus”

With the tens of millions of cash-strapped Americans teetering on the brink of financial catastrophe, Senate Republicans and President Trump are unable to act on a new package of COVID economic response programs. Three months after House Democrats passed a $3 trillion Coronavirus relief bill, GOP leaders in the Senate are trying to muster support […]

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February 26, 2020
Protecting Trump Now, Limbaugh and Kudlow Blamed Obama for 2008 Bear Market

Furious over the Dow’s 1,900 point plunge over the past three days, President Trump held a press conference Wednesday to try to calm markets. Echoing the comments of his National Economic Council Director Larry Kudlow that “we have contained” Coronavirus and the American economy is “holding up nicely,” Trump declared the pandemic risk to Americans is “very low” because […]

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September 17, 2019
The "Everyone Could Have Predicted" President: Trade War Fiasco Edition

Among other things, Donald Trump will go down in history as the "everyone could have predicted" president. That is, it's not just that the 45th president of the United States has failed to deliver on pretty much every promise that he made to the American people; it's that the fact that Trump's guarantees would crash […]

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September 10, 2019
Is Trump Killing the Obama Boom in Bellwether Elkhart?

With the unemployment rate still at 3.7% and GDP growth at 2.0%, the American economy remains solid, if not spectacular. But with more warning lights flashing yellow, Team Trump is growing more concerned about the direction of the so-called best economy ever just as the 2020 election heats up. The president and his advisers have […]

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August 27, 2019
After GOP Sabotaged Obama, Trump Looks to Scapegoat Democrats for Slowing Economy

As Donald Trump's bragging about the economy reached a crescendo last fall, former Obama White House communications director Jen Psaki provided a helpful reality check for the American people. "A buffoon could have kept the recovery going," Psaki explained, "and in fact one has so far." That Trump had inherited an Obama boom, an expansion […]

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May 7, 2019
Did 80% of GOP Corporate Tax Cut Benefits Go to Workers? Try 6%

So another tax season has come and gone. In this case, that means Americans can render their verdict on the first year of the signature legislative achievement of Donald Trump and his Republican allies in Congress, the Tax Cuts and Jobs Act of 2017. Thus far, the reviews are not kind. Despite an analysis by […]

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February 11, 2019
Trump Accidentally Gets It Right on Expanding Legal Immigration

Even a broken clock, the old saying goes, is right twice a day. So it was for Donald Trump during his 2019 State of the Union address on Tuesday night. During perhaps the most backward-looking presidential message in memory, the president thundered about a mythical national crisis of undocumented immigration putting America and Americans at […]

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February 4, 2019
Fund the Wall or We Kill the Economy: GOP Debt Ceiling Extortion Returns

"Both sides do it" may well be the most dangerous and deceitful phrase in U.S. politics. The lazy analyst's substitute for actual journalism doesn't merely misdiagnose what plagues the American body politic, but fails to correctly identify the source of the disease. As Thomas Mann and Norman Ornstein put it in their 2012 book, It's […]

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December 31, 2018
Fed Up: It's Time for Republicans to End Their Hypocrisy on Interest Rates

As 2018 draws to a close, there is growing concern about what the next year will bring for the American economy. President Trump's twin self-inflicted wounds of an ongoing trade war with China and a needless government shutdown helped send stock markets into a December panic. The expanding global economy, too, shows signs of a […]

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December 17, 2018
Cut and Gut: How Republicans Helped the Rich Raid the U.S. Treasury

And now for today's thought exercise. Imagine you are a member of Congress. Recent assessments from the nonpartisan Congressional Budget Office (CBO) warn that the budget deficit for fiscal year 2018, which ended on Sept. 30, jumped to $779 billion and annual trillion-dollar shortfalls will return beginning in FY 2020. But then you learn of […]

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About

Jon Perr
Jon Perr is a technology marketing consultant and product strategist who writes about American politics and public policy.

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