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Mexican President Sheinbaum’s Triumphant Year One

Kurt Hackbarth Convergence
From deftly handling hostile Donald Trump to securing real economic gains for workers, Mexican president Claudia Sheinbaum ends her first year in office with remarkable 80% approval rating. Now the real fight for Mexico’s economic sovereignty begins

Clamoring To Tax the Rich

Harold Meyerson The American Prospect
In Berkeley, New York, Paris, and Vatican City, it’s become central to political battles—and religious concerns.

labor

Abundance That Works for Workers—and American Democracy

Kate Andrias and Alexander Hertel-Fernandez Roosevelt Institute
In order to be effective, abundance policy must benefit and build power for working- and middle-class Americans—rather than enriching and empowering concentrated economic interests and generating populist backlash that undermines democracy.

Designing a Wealth Tax for Today’s Robber Barons

Alex Hemingway Convergence
A proposed wealth tax on Canada’s richest 0.6% could raise hundreds of billions of dollars — enough to tackle housing, transit, and care. The sheer scale of what a tiny slice of billionaire wealth could fund is staggering.

Polling Conundrums: Activist Government, Sí; Democrats, No!

Harold Meyerson The American Prospect
Building a progressive populist movement requires Democrats to talk about Wall Street, which most are reluctant to do. If they’re going to benefit from the public’s anti-oligarch turn, however, they’re going to have Bernie-fy themselves.

Trump, Historians, and the Lessons of U.S. Tariff History

Elizabeth McKillen Labor and Working-Class History Association
Labor historians should be particularly concerned about Trump’s misuse of tariff history because his tariff policies remain popular with many working-class voters and labor union leaders despite the recent economic meltdown they have caused.

Waiting for the Supply Shock

David Dayen The American Prospect
It’s coming, and we know approximately when. The economy contracted by 0.3 percent, and imports have contracted. Tariffs of 145 percent on China are a trade embargo for many sectors. China’s retaliatory measures are an embargo in the other direction.

Everybody Hates Elon

Paul Krugman Paul Krugman's Substack Blog
The closest thing we have to a Trump economic spokesman is Elon Musk, who sees dead people collecting Social Security. And here’s the thing: while there’s still a dwindling Musk/Tesla cult, to a first approximation everyone else hates Elon.
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