What’s Going On with the Stock Market — And Can Trump Fix It?

Yesterday, the Dow Jones Industrial Average suffered its largest single-day point decline in history after tumbling 1,175 points. Compounding concerns, this sell-off occurred immediately after another large sell-off the previous trading day (Friday) where the Dow shed 666 points. Although the forces

Good News, America! Tax Cuts Could Be Coming Soon

Last week, the odds of achieving pro-growth tax cuts in 2017 took an important step forward when Treasury Secretary Steve Mnuchin expressed his desire for tax reform to be retroactive. As I previously wrote, “retroactivity” is the question of whether tax cuts

Congratulations Mnuchin, Now Bring on the Tax Cuts!

This week the Senate confirmed Steve Mnuchin to serve as the next Treasury Secretary, and the message to struggling American families couldn’t be any clearer — help is on the way. Contrary to Slate economics correspondent Jordan Weissmann’s assertion that President Trump