Eduardo Porter
Coverage of Eduardo Porter in the Nexus archive.
- Trump Fed chair’s inflation strategy: leave it to the market | Eduardo Porter
The article discusses Trump's Federal Reserve chair, Kevin Warsh, advocating for market-driven solutions to inflation, which could undermine the Fed's credibility. It references the Republican party's long-standing preference for free markets over government intervention, citing Reagan's 1981 inaugural address.
- Trump is determined to pursue his trade war – and he may be difficult to stop
Trump is determined to continue his trade war by finding new legal justifications to impose tariffs after the Supreme Court invalidated his previous method under IEEPA. The use of Smoot-Hawley is highlighted as a potential but risky strategy.
- Trump is determined to pursue his trade war – and he may be difficult to stop
Trump is determined to pursue his trade war by imposing tariffs on exports to the United States, using legal tools like the Smoot-Hawley statute. The Supreme Court recently invalidated previous tariffs based on the International Economic Emergency Powers Act, prompting Trump to seek new justifications.
- Condemned to plutocracy? The relentless rise of US inequality
The article examines the persistent rise of income inequality in the US, highlighting that Obama-era policies reduced the income share of the top 1% by over a fifth and increased the share for the poorest fifth to 7.9%. It questions whether the country has appetite for further redistribution despite these gains.
- Condemned to plutocracy? The relentless rise of US inequality
Elon Musk benefits from America's growing inequality. Obama's policies reduced income for the top 1% and increased it for the poorest fifth, but the article questions if there is appetite for further redistribution.