Congressional Republicans’ tax plan, most economists agree, will hurt America's poor and middle class while causing the fiscal and external deficits to soar. PS writers examine the plan’s likely impact on the US economy and American politics.
Jan 15, 2018 shows that, no matter how one measures it, the Republicans' tax cut will worsen the US trade balance.
Jan 8, 2018 & lament that the new legislation does nothing to address the US economy's most pressing challenges.
Jan 2, 2018 says that the Republicans’ tax legislation will lead to an even more unequal society – and a worse economy.
Dec 19, 2017 argues that the GOP plan, while far from ideal, will have a significant positive effect on investment.
Dec 15, 2017 & raise fundamental objections to the economic model used to defend and promote the Republican tax plan.
Dec 13, 2017 predicts that the Republicans’ final tax package will provide a substantial economic stimulus over ten years.
Failed states used to be largely the preserve of the developing world, where the institutions of democracy do not have deep roots. But given the extent to which the Brexit campaign has undermined Britain's institutions through lies, it is reasonable to worry that the country will soon come to resemble a tinpot dictatorship.
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