What’s Different About Today’s Government Deficit and Debt?

As of today, the U.S. government’s current deficit and debt are indeed currently at unprecedented levels for peacetime—once we account for them appropriately.

Robert Pollin Jul 1, 2025

Left Hook

No Tax on Tips

Even the stand-alone No Tax on Tips Act would do far too little to better the lot of low-income workers, even tipped workers.

John Miller Jun 27, 2025

Left Hook

The Stealthy Strategy to Strangle Medicaid

Republicans want to make it even harder for low-income people to get health care.

Nancy Folbre Jun 25, 2025

Issue 346: January/February 2020

Rebooting Big Tech

Rob Larson

What’s the best way to fix Silicon Valley? | Read more »
The Wealth Tax Proposals

John Miller

How not to make friends among the tax establishment and the superrich. | Read more »
Monopoly Everywhere

Armağan Gezici

Extreme market concentration goes beyond Big Tech. | Read more »

Available only in the print edition:

the regulars

editor’s note Our Monopolized Economy
the short run
comment The Jobs-for-All Manifesto
making sense Financialization, Neoliberalism, and Neo-Fascism
in review Branko Milanovic, Capitalism, Alone
ask dr. dollar Can economies shift away from tourism?