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Michael Strain

  • Wednesday, 2 July, 2025
    Billionaires
    Zohran Mamdani is wrong — of course billionaires should exist

    The democratic socialist candidate to be mayor of New York mistakenly believes that the economy is a zero-sum game

    Zohran Mamdani, the presumptive Democratic candidate for the New York City mayoral race
  • Friday, 16 May, 2025
    Trump tariffs
    A US recession doesn’t seem so likely any more

    Trump has shown a willingness to pivot in the face of adverse market reaction

    US President Donald Trump with Scott Bessent
  • Monday, 28 April, 2025
    The Economics Show podcast31 min listen
    Should we be optimistic about the US economy? With Michael Strain

    America is about more than the president’s trade policy

  • Thursday, 3 April, 2025
    US economy
    Trump’s tariffs are an economic emergency for Americans

    Misplaced nostalgia is not a good enough reason for something that will only hurt voters

    US President Donald Trump speaks to an audience at a podium in the White House Rose Garden
  • Friday, 31 January, 2025
    Donald Trump
    Trump has made a good start

    A series of early moves has breathed fresh life into the business community

    President Donald Trump signs an executive order in the White House during his first week in office
  • Friday, 8 November, 2024
    US presidential election 2024
    Trump victory kicks off the battle for the right’s future

    Populism seems certain to lose some big fights to traditional GOP policies over the next few years

    Donald Trump with Republican vice presidential nominee Sen. JD Vance at an election night watch party
  • Friday, 18 October, 2024
    US tax
    Harris and Trump are equally silent on the expanding US debt

    The nation is borrowing to finance current consumption rather than to make much-needed long-term investments

    Donald Trump shakes hands with Kamala Harris on stage
  • Monday, 18 March, 2024
    Protectionism
    Protectionism is running amok in the US

    President Biden risks undermining sound economic policy and support for a key ally if he blocks the Nippon Steel deal

    An American flag flutters near a building that has a chimney blowing out hot steam
  • Tuesday, 30 January, 2024
    US presidential election 2024
    The Trump-Biden consensus on the economy is bad for business

    Corporate leaders need to be much more vocal in making the case for free enterprise

    An image of Joe Biden and Donald Trump with the American flag in the background
  • Friday, 26 May, 2023
    US politics & policy
    Unruly politicians and unchecked spending risk US debt catastrophe

    Without deep structural reforms, the nation could be exposed as a deadbeat place that can’t put its finances in order

  • Monday, 24 October, 2022
    Tax
    Supply-siders should stop obsessing about tax cuts

    Conservatives on both sides of the Atlantic must update an agenda that risks being stuck in the Reagan and Thatcher era

    Ronald Reagan (L) and Margaret Thatcher (C) as she arrives for a visit, at Reagan Library, on February 4 1991.
  • Sunday, 29 May, 2022
    US politics & policy
    Reducing the US deficit will mean pain for the middle classes

    Neither taxing the top 2 per cent nor cutting spending on low-income households will ease America’s fiscal imbalance

    Commuters walk along a crowded platform at Grand Central station
  • Tuesday, 12 December, 2017
    Global Economy
    Welfare in Trump’s crosshairs after tax overhaul

    Focus on trimming deficit following tax cuts places low-income individuals at risk

    NEW YORK, NY - NOVEMBER 30: A woman walks by a homeless man along a Manhattan street on November 30, 2017 in New York City. Republicans are coming closer to getting the votes needed to pass their proposed tax cut which many economists predict will benefit the wealthy at the expense of the poor and middle class. According to the Joint Committee on Taxation and the Congressional Budget Office, by 2027 under the prosed tax cuts those earning $1 million or more would see a combined $5.8 billion tax cut while those earning $40,000 to $50, 000 would see their taxes rise by a combined $5.3 billion. (Photo by Spencer Platt/Getty Images)
  • Thursday, 16 November, 2017
    US tax
    Republican deficit hawks tight-lipped on costs of tax package

    Advocates say growth and lower spending can offset trillions in extra borrowing required

    epa06331589 Senate Finance Committee chairman Orrin Hatch (C), ranking member Ron Wyden (L) and US Senator from Iowa Charles Grassley (R) read their notes during the committee's markup of the Tax Cuts and Jobs Act on Capitol Hill in Washington, DC, USA, 15 November 2017. EPA/SHAWN THEW
  • Friday, 20 October, 2017
    US tax
    US budget vote provides sorely needed Republican unity

    Party backslapping after critical step taken on rocky road to tax reform

    WASHINGTON, DC - OCTOBER 19: Sen. Lindsey Graham (R-SC) and Sen. John McCain (R-AZ) get into an elevator as they head to a vote on amendments to the fiscal year 2018 budget resolution, on Capitol Hill, October 19, 2017 in Washington, DC. Thursday afternoon, the Senate kicked off a 'vote-a-rama;' a marathon voting session for amendments to the budget resolution. (Photo by Drew Angerer/Getty Images)
  • Tuesday, 12 September, 2017
    Global Economy
    US incomes at record levels while poverty declines

    Rising household wealth at odds with Trump’s election message of economic gloom

    WASHINGTON, DC - JANUARY 20: U.S. President Donald Trump delivers his inaugural address on the West Front of the U.S. Capitol on January 20, 2017 in Washington, DC. In today's inauguration ceremony Donald J. Trump becomes the 45th president of the United States. (Photo by Drew Angerer/Getty Images)
  • Monday, 1 May, 2017
    US politics & policy
    Congress leaves budget battle over wall for another day

    Rare bipartisan agreement drops funding for Trump’s key campaign pledge

    People play at the beach during the holiday weekend near the US-Mexico border in Playas de Tijuana, on April 16, 2017, in Tijuana, northwestern Mexico. / AFP PHOTO / GUILLERMO ARIASGUILLERMO ARIAS/AFP/Getty Images
  • Monday, 8 August, 2016
    US presidential election
    Trump courts mainstream Republicans on economy

    Traditional conservative plan aims to reboot candidate’s struggling campaign

    A protester yells out as Republican U.S. presidential nominee Donald Trump speaks to the Detroit Economic Club at the Cobo Center in Detroit, Michigan August 8, 2016. REUTERS/Eric Thayer TPX IMAGES OF THE DAY
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