Category: The Economy

Mulvaney Lays GOP Budget Ideology Bare

President Trump’s budget director Mick Mulvaney was unusually blunt during an interview on CNBC. As Jonathan Chait notes, Republicans usually make some effort to justify tax cuts for the wealthy, for example by denying that they will cause the deficit…

Will Trump’s OMB Director Blow Up the World?

Catherine Rampell of the Washington Post is worried that Mick Mulvaney will blow up the global economy by destroying the creditworthiness of the United States’ debt. It’s not an unreasonable concern considering that Mulvaney has been nominated to serve as…

More Death to Our Hometowns

In the aftermath on the housing crisis that led to the Great Recession, Bruce Springsteen wrote a song about it called Death to My Hometown. ┬áHere are some of the lyrics: I awoke on a quiet night, I never heard…