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A wounded Trump is an especially dangerous Trump: Thoughts on his proposed economic pivot.

When I first heard that Trump and some other conservatives were making the case for punting on containment of the virus in the interest of reflating the economy, I ignored it because it made no sense to me. It still doesn’t, but from what I’m seeing, the idea seems potentially serious enough to warrant a response. There are at least three reasons this pivot idea is nonsensical. First, Trump may admire and aspire to emulate...

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Yes, this is an emergency. No, that doesn’t justify a $500 billion Trump/Mnuchin slush fund.

By Jared Bernstein and Dean Baker While the indicators are lagging, the U.S. economy is in a recession that will very likely be extremely deep. It’s likely that real GDP falls at double-digit pace in the quarter that begins next month and the unemployment rate more than doubles. If that sounds implausible, history shows that in sharp downturns, the unemployment rate takes the elevator up and the stairs down. To their credit, after a...

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Things to like, not like, and to be unsure about re Sen. Warren’s M4A plan (along with a mea culpa)

Along with many others, I’ve had lots of things to say about Sen. Warren’s Medicare for All (M4A) plan, some positive, some negative, some head-scratchy. But because the issue is so politically loaded, both in terms of the Democratic primary and conservative antipathy toward this or any other idea that expands government’s role in health care, and also because of my association with VP Biden, it’s been hard to have a straight...