Mike Konczal
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Chris Waller's Cuts, Declining Jobs, and the Quiet Case for Fed Independence
Why Fed independence matters for communications when the economy slows.
Jul 24
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Mike Konczal
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Mike Konczal
Chris Waller's Cuts, Declining Jobs, and the Quiet Case for Fed Independence
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The Four Data Sleights‑of‑Hand Behind Trump’s Assault on Powell
What looks like a monetary policy debate is really a cover to take control of the central bank.
Jul 17
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Mike Konczal
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Mike Konczal
The Four Data Sleights‑of‑Hand Behind Trump’s Assault on Powell
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May 2025
The House Just Passed The Biggest Medicaid Cut in U.S. History, Twice the Size of Reagan's Cuts
So much for realignment. New analysis from UnidosUS shows the House’s cuts to Medicaid and SNAP are unprecedented, twice as large as anything under…
May 23
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Mike Konczal
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Mike Konczal
The House Just Passed The Biggest Medicaid Cut in U.S. History, Twice the Size of Reagan's Cuts
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Republicans Revive the “Lucky Ducky” War with 2025 Tax Plan
Congressional Republicans and President Trump are proposing a tax bill that looks like previous deficit-increasing tax cuts, but uniquely targets the…
May 21
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Mike Konczal
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Mike Konczal
Republicans Revive the “Lucky Ducky” War with 2025 Tax Plan
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Federal Employees Are Now Less Likely to Work from Home Than Private Sector Workers
New evidence from the latest jobs report shows Trump’s DOGE cuts and efforts finally showed up somewhere visible: in the share of federal workers that…
May 2
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Mike Konczal
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Mike Konczal
Federal Employees Are Now Less Likely to Work from Home Than Private Sector Workers
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April 2025
People Really Like Quitting Manufacturing Jobs in a Hot Labor Market
Manufacturing jobs had among the highest increases in people quitting their jobs during 2022-2023, a period with some income security and plentiful job…
Apr 28
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Mike Konczal
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Mike Konczal
People Really Like Quitting Manufacturing Jobs in a Hot Labor Market
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When Reality Isn't Bad Enough: Trump’s Fake ‘Private-Sector Recession’ of 2024
In which we dive into the labor market of 2024 and the question of whether an increase in health care jobs is evidence of or justification for a…
Apr 16
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Mike Konczal
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Mike Konczal
When Reality Isn't Bad Enough: Trump’s Fake ‘Private-Sector Recession’ of 2024
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The Federal Reserve vs. the Tariff Shock: What If It Isn’t Transitory?
As global supply chains fray and the economy veers towards recession, the Federal Reserve faces a different spin on a recent problem — one it can’t…
Apr 12
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Mike Konczal
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Mike Konczal
The Federal Reserve vs. the Tariff Shock: What If It Isn’t Transitory?
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March 2025
Review of Abundance and Why Nothing Works for Democracy Journal, with Further Thoughts
Letting Substack readers know about a joint book review I wrote, plus some things I'd add now.
Mar 18
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Mike Konczal
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Mike Konczal
Review of Abundance and Why Nothing Works for Democracy Journal, with Further Thoughts
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February 2025
Rethinking the Biden Era Economic Debate
A critical response to Jason Furman's "Post-Neoliberal Delusion and the Tragedy of Bidenomics," that dives into both the administration and ideas of the…
Feb 14
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Mike Konczal
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Mike Konczal
Rethinking the Biden Era Economic Debate
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Racing the Tariffs: How The Election Sparked a Surge in Auto and Durable Goods Spending in Q4 2024
It wasn't just people you saw - the USA went on an auto and durable spending spree in the fourth quarter of 2024, increasing GDP, inflation, and leaving…
Feb 2
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Mike Konczal
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Mike Konczal
Racing the Tariffs: How The Election Sparked a Surge in Auto and Durable Goods Spending in Q4 2024
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January 2025
Did Remote Work Drive the Global Surge in Job Openings?
Like inflation, the historic shifting out of the Beveridge Curve was experienced across countries. One speculative reason might be the rapid expansion…
Jan 27
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Mike Konczal
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Mike Konczal
Did Remote Work Drive the Global Surge in Job Openings?
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