Six Weeks From Zero (novel)
The Dawn Beyond Currency (Part 1) (novel)
The Dawn Beyond Currency (Part 2) (novel)
The Great Subcontinent Uprising (Part 1) (novel)
The Great Subcontinent Uprising (Part 2) (novel)
The Great Subcontinent Uprising (novel)
The Banyan Revolt (novel)
Gen Z Kranti (novel)
The Protocol of Greatness (novel)
Madhya York: The Merchant and the Mystic (novel)
The Garden Of Last Debates (novel)
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
Trump’s Default: The Mist Of Empire (novel)
Deported (novel)
Empty Country (novel)
Poetry Thursdays (novel)
Six Weeks From Zero (novel)
The Dawn Beyond Currency (Part 1) (novel)
The Dawn Beyond Currency (Part 2) (novel)
The Great Subcontinent Uprising (Part 1) (novel)
The Great Subcontinent Uprising (Part 2) (novel)
The Great Subcontinent Uprising (novel)
The Banyan Revolt (novel)
Gen Z Kranti (novel)
The Protocol of Greatness (novel)
Madhya York: The Merchant and the Mystic (novel)
The Garden Of Last Debates (novel)
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
Trump’s Default: The Mist Of Empire (novel)
Deported (novel)
Empty Country (novel)
Poetry Thursdays (novel)
Six Weeks From Zero (novel)
The Dawn Beyond Currency (Part 1) (novel)
The Dawn Beyond Currency (Part 2) (novel)
The Great Subcontinent Uprising (Part 1) (novel)
The Great Subcontinent Uprising (Part 2) (novel)
The Great Subcontinent Uprising (novel)
The Banyan Revolt (novel)
Gen Z Kranti (novel)
The Protocol of Greatness (novel)
Madhya York: The Merchant and the Mystic (novel)
The Garden Of Last Debates (novel)
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
Trump’s Default: The Mist Of Empire (novel)
Deported (novel)
Empty Country (novel)
Poetry Thursdays (novel)
Six Weeks From Zero (novel)
The Dawn Beyond Currency (Part 1) (novel)
The Dawn Beyond Currency (Part 2) (novel)
The Great Subcontinent Uprising (Part 1) (novel)
The Great Subcontinent Uprising (Part 2) (novel)
The Great Subcontinent Uprising (novel)
The Banyan Revolt (novel)
Gen Z Kranti (novel)
The Protocol of Greatness (novel)
Madhya York: The Merchant and the Mystic (novel)
The Garden Of Last Debates (novel)
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
Trump’s Default: The Mist Of Empire (novel)
Deported (novel)
Empty Country (novel)
Poetry Thursdays (novel)
Six Weeks From Zero (novel)
The Dawn Beyond Currency (Part 1) (novel)
The Dawn Beyond Currency (Part 2) (novel)
The Great Subcontinent Uprising (Part 1) (novel)
The Great Subcontinent Uprising (Part 2) (novel)
The Great Subcontinent Uprising (novel)
The Banyan Revolt (novel)
Gen Z Kranti (novel)
The Protocol of Greatness (novel)
Madhya York: The Merchant and the Mystic (novel)
The Garden Of Last Debates (novel)
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
Trump’s Default: The Mist Of Empire (novel)
Deported (novel)
Empty Country (novel)
Poetry Thursdays (novel)
Six Weeks From Zero (novel)
The Dawn Beyond Currency (Part 1) (novel)
The Dawn Beyond Currency (Part 2) (novel)
The Great Subcontinent Uprising (Part 1) (novel)
The Great Subcontinent Uprising (Part 2) (novel)
The Great Subcontinent Uprising (novel)
The Banyan Revolt (novel)
Gen Z Kranti (novel)
The Protocol of Greatness (novel)
Madhya York: The Merchant and the Mystic (novel)
The Garden Of Last Debates (novel)
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
Trump’s Default: The Mist Of Empire (novel)
Deported (novel)
Empty Country (novel)
Poetry Thursdays (novel)
Six Weeks From Zero (novel)
The Dawn Beyond Currency (Part 1) (novel)
The Dawn Beyond Currency (Part 2) (novel)
The Great Subcontinent Uprising (Part 1) (novel)
The Great Subcontinent Uprising (Part 2) (novel)
The Great Subcontinent Uprising (novel)
The Banyan Revolt (novel)
Gen Z Kranti (novel)
The Protocol of Greatness (novel)
Madhya York: The Merchant and the Mystic (novel)
The Garden Of Last Debates (novel)
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
Trump’s Default: The Mist Of Empire (novel)
Deported (novel)
Empty Country (novel)
Poetry Thursdays (novel)
Six Weeks From Zero (novel)
The Dawn Beyond Currency (Part 1) (novel)
The Dawn Beyond Currency (Part 2) (novel)
The Great Subcontinent Uprising (Part 1) (novel)
The Great Subcontinent Uprising (Part 2) (novel)
The Great Subcontinent Uprising (novel)
The Banyan Revolt (novel)
Gen Z Kranti (novel)
The Protocol of Greatness (novel)
Madhya York: The Merchant and the Mystic (novel)
The Garden Of Last Debates (novel)
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
Trump’s Default: The Mist Of Empire (novel)
Deported (novel)
Empty Country (novel)
Poetry Thursdays (novel)
Six Weeks From Zero (novel)
The Dawn Beyond Currency (Part 1) (novel)
The Dawn Beyond Currency (Part 2) (novel)
The Great Subcontinent Uprising (Part 1) (novel)
The Great Subcontinent Uprising (Part 2) (novel)
The Great Subcontinent Uprising (novel)
The Banyan Revolt (novel)
Gen Z Kranti (novel)
The Protocol of Greatness (novel)
Madhya York: The Merchant and the Mystic (novel)
The Garden Of Last Debates (novel)
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
Trump’s Default: The Mist Of Empire (novel)
Deported (novel)
Empty Country (novel)
Poetry Thursdays (novel)
A New K in America The gap between haves and have-nots fell under Biden, but is rising under Trump ........... a “K-shaped economy,” in which incomes and wealth are rising only for those at the top .............. For high-income Americans who own a lot of stock, the past year has treated them pretty well. But for those who don’t, not so much. ......... the Biden era post-pandemic economic recovery was the opposite of what we are experiencing now. ............ during the Biden recovery wage gains for low-paid workers were much larger than for those further up the income scale. ............ the pro-low-income worker tilt of wage gains during the Biden recovery was something we haven’t seen since the “Great Compression” of the 1940s...... that narrowing of wage gaps was due to special factors, including wartime wage policy and a rapid expansion of unions. ............. in going from the Biden Administration to the Trump Administration, we have traded an economy that disproportionately benefited low-income workers to one that disproportionately benefits the well-off (particularly those who own a lot of stocks). ............... Americans are very pessimistic about the job market. Trump may claim that we are economically “the hottest country in the world,” but the truth is that we last had a hot labor market back in 2023-4. At this point, by contrast, we have a “frozen” job market in which workers who aren’t already employed are having a very hard time finding new jobs, a sharp contrast with the Biden years during which workers said it was very easy to find a new job. .............. who froze the labor market? ..... Trumponomics bears much of the responsibility.
........... The key point about Trump’s tariffs and to some extent his other policies is that they keep changing, and nobody knows what will come next. This uncertainty makes businesses reluctant to make commitments, including the commitment involved in hiring new workers: If you hire workers based on current tariffs, what happens if the Supreme Court rules those tariffs illegal, or the Trump administration picks a different country or countries as enemies? .............. His tariff and other policies have created uncertainty that has paralyzed hiring. .............. The truth is that none of this had to happen. What we learned during the Biden years is that economic policy that promotes full employment also promotes greater equality. And we can do it again. Let’s turn this K around.
Six Weeks From Zero (novel)
The Dawn Beyond Currency (Part 1) (novel)
The Dawn Beyond Currency (Part 2) (novel)
The Great Subcontinent Uprising (Part 1) (novel)
The Great Subcontinent Uprising (Part 2) (novel)
The Great Subcontinent Uprising (novel)
The Banyan Revolt (novel)
Gen Z Kranti (novel)
The Protocol of Greatness (novel)
Madhya York: The Merchant and the Mystic (novel)
The Garden Of Last Debates (novel)
The Drum Report: Markets, Tariffs, and the Man in the Basement (novel)
Trump’s Default: The Mist Of Empire (novel)
Deported (novel)
Empty Country (novel)
Poetry Thursdays (novel)
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