The president knew he couldn’t prevail in the courts but he understands how to make money by failing. He did it with casinos and he’s doing it again.
Robert J. Shapiro
Follow Robert on Twitter @robshapiro. Robert J. Shapiro, a Washington Monthly contributing writer, is the chairman of Sonecon and a Senior Fellow at the McDonough School of Business at Georgetown University. He previously served as Under Secretary of Commerce for Economic Affairs under Bill Clinton and advised senior members of the Obama administration on economic policy.
Posted inEconomy, Main
The Economy Is Weakest with the Groups Trump Most Needs
Job losses are above average among Americans without college degrees and in several critical swing states.
Posted inMain, Political Animal, Politics
Exclusive: Trump’s Tax Wizardry Is Even More Sophisticated Than You Thought
Yes, Trump used a lot of deductions. But a new analysis shows how merging personal and business taxes, financing with junk bonds, and covering up surprising income was true alchemy.
Posted inFeatured, Politics
Donald Trump vs. the Suckers Who Pay Their Fair Share of Income Taxes
A deep and disturbing dive into IRS data shows just how much of a break Trump got compared to poor and working-class Americans
Posted inFeatured, Political Animal, Politics
Trump’s Manufacturing Record Stinks, Newest Data Shows
His trade wars backfired. Jobs are leaving the U.S. And Obama has a much better claim to be a friend of workers
Posted inFeatured, Political Animal, Politics
White Voters Are Turning Away from Donald Trump
The president is starting to lose the people he’s most relying on to win reelection.
Posted inFeatured, Political Animal, Politics
How Trump May Be Plotting to Stay Out of Jail
He could be planning for the “ultimate deal”—this time, with Joe Biden.
Posted inFeatured, Political Animal, Politics
No, Trump Hasn’t Done More for Blacks Than Any President Since Lincoln
In fact, African Americans have seen smaller economic gains than under his predecessors.
Posted inEconomy, Featured, Political Animal, Politics
Trump and the Republicans Are Risking an All-Out Depression
They are currently making the same failed choices that led to the last one.
Posted inFeatured, Political Animal, Politics
Trump Is Wrong Again: U.S. Manufacturing Is Not Recovering
Why a promising new Commerce Department report is misleading.
