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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
24
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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
31
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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
6
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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
22
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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
14
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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
15
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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
13
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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
•
Mike Konczal
23
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Rethinking the Biden Era Economic Debate
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4
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
13
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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
16
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Did Remote Work Drive the Global Surge in Job Openings?
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Did We Tame Inflation With No Economic Cost? The Sacrifice Ratio Has the Wrong Sign
Using a common method (Ball 1994) for estimating the recent output sacrifice ratio gives us a value of -0.04. That's not just small - many values are…
Jan 22
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Mike Konczal
11
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Did We Tame Inflation With No Economic Cost? The Sacrifice Ratio Has the Wrong Sign
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2
January 2024
The Three Open Questions When it Comes to Our Cost-Push Supply Shock Inflation
In which we seek to lock down better answers for everything that just happened in light of the historic disinflation of the past year.
Jan 18, 2024
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Mike Konczal
11
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The Three Open Questions When it Comes to Our Cost-Push Supply Shock Inflation
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