Trump Reversals Hint at Populists’ Diminished Sway on Economy

President Trump made three startling economic policy reversals on Wednesday, stepping away from pledges he made as a candidate and even policies he supported only days ago. The shifts confounded many of Mr. Trump’s ardent supporters and suggest that the moderate financiers he brought from Wall Street are eclipsing the White House populist wing led by Stephen K. Bannon, the […]

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Obama helped bring back economy, restless voters chose Trump

Barack Obama’s first job as president: Piece together the shards of a shattered U.S. economy. It wasn’t smooth and it wasn’t fast, but Obama ultimately succeeded. The president will leave behind an economy far stronger than the one he inherited. Unemployment is 4.6 percent, a nine-year low. Stocks keep ascending to new highs. An additional 20.2 million Americans have health […]

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Hillary Clinton’s Message: Yes, the Economy Is Messed Up. But I Can Fix It.

It has been a year dominated by populist rage, embodied in Bernie Sanders’s calls for a political revolution and Donald Trump’s angry assertions that the United States, and its workers, are losing badly in the global economy. In an economic policy speech on Wednesday, Hillary Clinton gave this message: I alone am the candidate who knows how to turn those […]

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GOP tax plans aim to goose economy, but will likely boost debt

One of the last times federal lawmakers faced a debt limit crisis, Republican Sen. Marco Rubio of Florida blasted the “Washington-manufactured drama” that he said threatened America’s future. On Fox News, he bemoaned the “$17 trillion national debt that continues to grow. I’ve now been here three years; nothing has been done to seriously address that.” Now it’s his turn […]

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Martin O’Malley’s Foreign Policy Vision: It’s the Economy

“Only with a stronger and more inclusive economy can we maintain our security,” O’Malley said In a speech Friday morning that Martin O’Malley’s presidential campaign billed as “his most comprehensive remarks to date on U.S. foreign policy,” the former governor instead turned toward an area where he has more experience: the economy. “Ultimately, the source of America’s global strength is […]

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The Middle Class Is Doing Worse Than You Think

It seems like everyone is concerned about economic inequality these days. A Gallup poll in January showed that more than two-thirds of Americans are dissatisfied with the way income and wealth are distributed, and politicians from both parties are talking about the problems facing the middle class. But the problem may be even worse than Americans think. A new report […]

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D.C.’s Weird New Free Weed Economy

Can a marijuana market that prohibits the sale of the drug work? Stoners, rejoice: at 12:01 a.m. on Thursday, stodgy Washington, D.C., became the latest and strangest frontier in the marijuana legalization movement. It’s now okay for adult residents of the District to possess two ounces of pot, grow up to six plants in their homes and share their bounty […]

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Shrinking the Education Gap Would Boost the Economy, Study Says

A modest improvement in the lowest test scores could see GDP rise by $2.5 trillion by 2050 Narrowing the education gap between America’s poor and wealthy school children could accelerate the economy and significantly increase government revenues, according to a new study. An improvement in the educational performance of the average student will result in “stronger, more broadly shared economic […]

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