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 and burn was…

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 risk….

Goldman Sachs predicts big slowdown in GDP growth prior to 2020 elections

As I write this, the Dow is sliding faster than creamy ranch McNugget sauce down Donald Trump’s moobs at a Mar-a-Lago sauna. And now, one of the world’s most closely followed financial prognosticators, Goldman Sachs (yes, the vampire squid itself), is predicting a significant slowdown in U.S. GDP growth for the coming year. From CNBC:…

The Obama economic expansion keeps rolling on

During the 2012 presidential campaign, Republican nominee Mitt Romney made a not-so-bold promise about the stewardship he would provide for the American economy. “I can tell you,” he guaranteed, “after a period of four years, by virtue of the policies we'd put in place, we'd get the unemployment rate down to 6 percent—perhaps a little…

Donald Trump is America’s tax cheater-in-chief

A new Gallup poll last week once again confirmed that Americans are decidedly unimpressed by the GOP’s “Tax Cuts and Jobs Act” passed in December. Coming just weeks after a Fox News survey found Obamacare enjoyed greater popularity than the Republican tax cuts, Gallup’s latest tally revealed that respondents continue to disapprove of President Trump’s…

Why Donald Trump needs to increase immigration

Over the past couple of weeks, the Trump administration and its allies have been engaging in a lot of wishful thinking. Fresh off the strong second quarter economic growth number of 4.1 percent, Trump told a gathering of business leaders next quarter “could be in the fives.” Not content to rest there, the President echoed…

GOP tax plan is the worst jobs bill ever

With apologies to Benjamin Disraeli, there are three kinds of lies Republicans are telling about their tax plan: lies, damned lies, and f**king lies. Constraints of space and time preclude listing them all, but here is a handful of the GOP’s most farfetched falsehoods. For example, earlier this month House Speaker Paul Ryan (R-WI) repeatedly…