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November 11, 2022
What Tasty Egg On Our Faces!
Democrats defied expectations, including ours. But why do we have these expectations in the first place?
October 07, 2022 | Revolving Door Project Substack
Larry Summers And Jason Furman Aren't Really Democrats
Identifying people who don’t support the party’s key policies as Democratic thought leaders only serves to reinforce outmoded center right ideology.
September 23, 2022 | Revolving Door Project Substack
Hack Watch: So About Those Rate Hikes...
Few of the pundits who sprang to Jerome Powell’s defense last year have acknowledged that their analysis was exactly wrong.
September 16, 2022
Hack Watch: From Inflation To Rail, The Media Beats Up On Workers
This week: inflation hawks double down on brutal rate hikes that will harm workers and the mainstream media goes out of its way to undermine rail workers.
September 09, 2022 | Revolving Door Project Newsletter
Hack Watch: Morning Joe's Favorite Sleazebag
Rattner has ridden his seven months in the Obama White House to an extremely influential punditry career, in addition to the millions he rakes in as Bloomberg’s money manager.
September 09, 2022
The CEA's New Antitrust Guy: Should We Be Worried?
According to Marshall Steinbaum, Assistant Professor of Economics at the University of Utah, “This appointment signals that the CEA isn’t on board with the administration’s anti-monopoly agenda.” And that could be dangerous.
August 30, 2022 | Revolving Door Project Newsletter
Hack Watch: Economists Outraged That Politics Is Hard, Actually
If Jason Furman and Melissa Kearney really want to pass legislation to end the student loan system and make college affordable for all — great! What’s the plan, guys?
July 27, 2022 | Revolving Door Project Newsletter
NEW: Democrats To Constituents "We Can't Govern!"
As you sit here reading this, a hulking scrum of U.S. Senators is charging towards an underserved August recess, blundering out of Capital Hill exits to do even less work in luxury vacation homes, alpine escapes, and the sullied fundraising retreats of crypto bankers and oil barons. Having failed to pass significant legislation benefiting the American people this year, corporate representatives of both parties have have good reason to rest easy: across the bloodied playing field of the national mall lie the tattered and well-bruised remains of President Biden and his cabinet, a team not of rivals, but do gooders and no getters, struggling for relevance under the sepia-tinged banner of the musty Third Way, proudly proclaiming “We Can’t Govern!”
July 20, 2022 | The American Prospect
Democrats Need to Fight for a Government That Works
Despite months of increasingly desperate horse trading and frantic whittling, Joe Manchin has narrowed the reconciliation package formerly known as Build Back Better to just a health care bill. Senate Majority Leader Chuck Schumer, meanwhile, appears set to torpedo popular, bipartisan antitrust bills on Big Tech’s behalf simply by refusing to bring them for a vote. And a once-sprawling bill on competitiveness and advanced manufacturing is now mostly an economic development subsidy to semiconductor manufacturers.
July 13, 2022 | Revolving Door Project Newsletter
Newsletter Confirmations CrisisCorporate CrackdownDepartment of JusticeEthics in GovernmentLarry Summers
Only Through Change Can We Save Our Institutions Now
So the rollercoaster ride continues, deep into the summer. Thankfully, while Congress is in session—and these next three weeks of negotiation are expected to be deeply consequential for the future of the clean energy transition—the Supreme Court is not. (Well, let’s hope they don’t abuse the “Shadow Docket” [pdf]). We shouldn’t have to hear from them again until the first Monday of October. But of course, after months of waiting with heightened anxiety for Dobbs v. Jackson, West Virginia v. EPA, and many other rulings to drop, the Supreme Court had to leave us with something new to worry over as they headed out the door for summer vacation: Moore v. Harper.
May 24, 2022
10 Things Biden Can Do About Inflation Without Congress
ome of the approaches can provide immediate relief, but many of them involve fixing broken incentive systems through increasing competition and corporate oversight. Inflation is not just a flash-in-the-pan issue, it is a consequence baked into our market structure and regulatory regime.
April 12, 2022 | The American Prospect
Biden Must Block Crypto’s Access to the Revolving Door
Fortunately, Biden has the means to stop at least one aspect of crypto’s campaign in its tracks. Through an executive order, he can cut off crypto’s access to the revolving door by barring the officials who are involved in developing regulations for the digital assets industry from working for it for at least four years. By rights, it should be a bare-minimum anti-corruption standard.
March 16, 2022 | Revolving Door Project Newsletter
Newsletter Climate and EnvironmentCryptocurrencyDepartment of JusticeIndependent AgenciesLarry SummersSEC
Facing Rising Prices and Falling Political Fortunes, Biden Needs to Go on Offense
With each passing day, Biden and his party appear to be facing ever more severe political headwinds. Inflation remains elevated, with a new variant threatening to further aggravate supply chain problems. Meanwhile, the (warranted) response to the war in Ukraine has specifically pushed gas prices upwards. Add to this that the Federal Reserve appears eager to throw millions out of work to slow the economy and that some of Biden’s outstanding nominations are in peril thanks to his own, uncooperative co-partisans, and things are undoubtedly looking bleak.