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Posts by Steven Pressman

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Trump’s War in Iran Is Increasing Mortgage Rates The increase in mortgage rates since the end of February will cost a typical first-time homebuyer $22,680.

As Trump's reckless war of choice in Iran continues on, Americans are seeing mortgage rates rise for the third straight week.

New CAP analysis finds the rise in rates would cost a typical first-time homebuyer $22,680. https://ampr.gs/4lGn4SI

1 month ago 9 6 0 0
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Trump Gets an F on Housing Affordability: Democrats Can Easily Do Better | Washington Spectator Affordability is Donald Trump’s Achilles Heel. Running for President in 2024 he vowed to reduce prices. This dumb promise lacks even the most basic understanding of the US economy.

My latest @washspectator.bsky.social piece-- on #housing #affordability. Enjoy!
washingtonspectator.org/trump-gets-a...

1 month ago 1 1 0 0
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Trump Gets an F on Housing Affordability: Democrats Can Easily Do Better | Washington Spectator Affordability is Donald Trump’s Achilles Heel. Running for President in 2024 he vowed to reduce prices. This dumb promise lacks even the most basic understanding of the US economy.

@hamiltonfish.com @nssrnews.bsky.social @publicseminar.bsky.social @fayhallam.bsky.social Here is my latest @washspectator.bsky.social article on #housing and #affordability and why #trump does not understand basic economics. Enjoy!
washingtonspectator.org/trump-gets-a...

1 month ago 3 1 0 0
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Trump Gets an F on Housing Affordability: Democrats Can Easily Do Better | Washington Spectator Affordability is Donald Trump’s Achilles Heel. Running for President in 2024 he vowed to reduce prices. This dumb promise lacks even the most basic understanding of the US economy.

@hamiltonfish.com @nssrnews.bsky.social @publicseminar.bsky.social @fayhallam.bsky.social Here is my latest @washspectator.bsky.social article on #housing and #affordability and why #trump does not understand basic economics. Enjoy!
washingtonspectator.org/trump-gets-a...

1 month ago 3 1 0 0
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Trump Gets an F on Housing Affordability: Democrats Can Easily Do Better | Washington Spectator Affordability is Donald Trump’s Achilles Heel. Running for President in 2024 he vowed to reduce prices. This dumb promise lacks even the most basic understanding of the US economy.

My latest @washspectator.bsky.social piece-- on #housing #affordability. Enjoy!
washingtonspectator.org/trump-gets-a...

1 month ago 1 1 0 0
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Revealed: The contents of Epstein’s secret storage locker Video tapes and sex manuals among items paedophile wanted to keep hidden from police

Secret files with sex slave manuals, more photos & videos hidden by Epstein when he was tipped off that he was being investigated is so typical of this Epstein class. When will this information be released? Also, love that they refer to him as a paedephile & not a financier like the U.S. does.

1 month ago 183 129 5 5

Yeah-- Jack Black, Hugo Black, and Lewis Black. 😄

1 month ago 0 0 0 0
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Tariff Man Tumbles, Fumbles and Bumbles on Trade | Washington Spectator When it comes to economics, we know two things about Donald Trump. He is obsessed with the US trade deficit. And he thinks tariffs, or import taxes, will solve the trade deficit problem.

Steel #tariffs make it more expensive to produce cars in the US, leading Americans to buy foreign-made cars. Tariffs on iPhones assembled in China hurt US workers more than their Chinese counterparts. The US trade deficit keeps growing.
@stevenpressman.bsky.social

2 months ago 2 1 0 1
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Trump really Tumbles on trade and tariffs given today's Supreme Court decision. The first question I have is how Trump plans to refund the money he stole from AMERICAN consumers as a result of his illegal tariffs.

2 months ago 0 0 0 0
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Tariff Man Tumbles, Fumbles and Bumbles on Trade | Washington Spectator When it comes to economics, we know two things about Donald Trump. He is obsessed with the US trade deficit. And he thinks tariffs, or import taxes, will solve the trade deficit problem.

The gvt announced today that the US #tradedeficit was >$900 bil in 2025, one of the largest ever (in percentage terms). To understand why Trump's #tariff policy failed, check out my recent @washspectator.bsky.social piece. washingtonspectator.org/tariff-man-t...

2 months ago 2 1 0 1

@stevenpressman.bsky.social has been making economics comprehensible for several years in The Washington Spectator.
Search Pressman at washingtonspectator.org for the complete archive of his award-winning articles.

2 months ago 3 1 0 0

If Dems are smart they will pull on the Lutnick thread.

2 months ago 1049 193 48 14
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Director of Finance Job Opening: Director of Finance at The Bulwark in Washington, DC.

@thebulwark.com is hiring a new director of finance. Come work with us! thebulwark.pinpointhq.com/en/postings/...

2 months ago 76 26 2 0
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Democrat wins election "comfortably" in big Donald Trump district In Louisiana, Chastity Verret Martinez received about 62 percent of the vote to Brad Daigle’s 38, according to reports.

📌NOTE:

Yet ANOTHER Democrat won big Saturday night in yet ANOTHER special election in yet ANOTHER district the bigot Trump won big in 2024.

Congratulations to Chastity Verret Martinez!

The Blue Tsunami builds …

2 months ago 475 120 14 7
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South Carolina Rep. Nancy Mace used to make her staffers go on late-night booze runs, clean her house, and boost her on forums discussing the “hottest women in Congress”—and that was all before things got really bad. trib.al/gVTEOdV

2 months ago 129 45 6 10
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Tariff Man Tumbles, Fumbles and Bumbles on Trade | Washington Spectator When it comes to economics, we know two things about Donald Trump. He is obsessed with the US trade deficit. And he thinks tariffs, or import taxes, will solve the trade deficit problem.

@lmudenda.bsky.social @danieletavani.bsky.social @abolisheconomics.bsky.social @profcew.bsky.social My latest piece in the @washspectator.bsky.social Enjoy! washingtonspectator.org/tariff-man-t...

2 months ago 5 1 0 0
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Tariff Man Tumbles, Fumbles and Bumbles on Trade | Washington Spectator When it comes to economics, we know two things about Donald Trump. He is obsessed with the US trade deficit. And he thinks tariffs, or import taxes, will solve the trade deficit problem.

@publicseminar.bsky.social @elizabethcooper.bsky.social @plbds.bsky.social @avgevork.bsky.social My latest @washspectator.bsky.social piece-- on Trump's tariff/trade policy. Enjoy!
washingtonspectator.org/tariff-man-t...

2 months ago 3 2 0 0
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The Real-Real Wage Concern Inflation is Not Just a Problem of Costs, Since Most Wages are Still Linked to CPI. Suppressed Wages Might be a Real Driver of The Affordability Crisis

Even slight errors in CPI, whether by mismeasurement or miscategorization, overtime can amount to very real downweighting of pay. #EconSky

2 months ago 5 1 0 0
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Tariff Man Tumbles, Fumbles and Bumbles on Trade | Washington Spectator When it comes to economics, we know two things about Donald Trump. He is obsessed with the US trade deficit. And he thinks tariffs, or import taxes, will solve the trade deficit problem.

My latest piece in the @washspectator.bsky.social . Enjoy!!
washingtonspectator.org/tariff-man-t...

2 months ago 3 1 0 0
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Tariff Man Tumbles, Fumbles and Bumbles on Trade | Washington Spectator When it comes to economics, we know two things about Donald Trump. He is obsessed with the US trade deficit. And he thinks tariffs, or import taxes, will solve the trade deficit problem.

My latest piece in the @washspectator.bsky.social . Enjoy!!
washingtonspectator.org/tariff-man-t...

2 months ago 3 1 0 0
Jobs and Internships

The Hamilton Project is hiring! We have an opening for a research assistant (senior) or senior research assistant (masters or work experience) to join our team. Learn more at www.hamiltonproject.org!

Please circulate and apply:

careers-brookings.icims.com/jobs/3757/re...

#EconSky

4 months ago 0 4 0 0
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Larry Summers’ sexism is jeopardizing his power and privilege, but the entire economics profession hinders progress for women In 2024, only about 1 in 3 newly minted economics Ph.D.s were women.

This piece I wrote for @theconversation.com argues that the Summers/Epstein debacle reflects what the data show: systemic bias in the economics profession’s practices and culture. That bias influences who succeeds and who is sidelined. #EconSky theconversation.com/larry-summer...

4 months ago 57 21 2 5

let's keep reposting this!!

4 months ago 7 8 0 0

thanks for sharing. it is very bad news, but it is very good to know what we up against.

4 months ago 2 0 0 0

He also doesn't understand the basic idea of insurance. Hard to believe that @rogermarshall.bsky.social is doctor and that he got to be a Senator.

5 months ago 0 0 0 0
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Signs of Danger Ahead for Social Security | Washington Spectator George Bernard Shaw quipped that if you lined up every economist, they would never reach a conclusion. Pshaw has always been my response to this. In August Donald Trump decisively proved Shaw wrong.

tinyurl.com/33jbsbxu

Will Trump achieve the REP DREAM AND FINALLY KILL SS?

"Social Security is clearly in Trump’s crosshairs. He is not just breaking a campaign promise not 2 touch Social Security, he seems 2 be engineering its funeral"

@washspectator.bsky.social
@stevenpressman.bsky.social

5 months ago 1 1 0 0

@orion thanks for sharing my @washspectator.bsky.social piece on #socialsecurity

5 months ago 1 0 0 0
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Signs of Danger Ahead for Social Security | Washington Spectator George Bernard Shaw quipped that if you lined up every economist, they would never reach a conclusion. Pshaw has always been my response to this. In August Donald Trump decisively proved Shaw wrong.

My most recent publication in the @washspectator.bsky.social on how #Trump is seeking to kill #SocialSecurity by destroying data and accumulating power over independent institutions. Enjoy. washingtonspectator.org/signs-of-dan...

5 months ago 5 2 0 1
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Stephen Miller Says Judge's Decision To Stop Deployment of Troops Is 'Legal Insurrection' Protests against ICE raids have escalated in Portland over the last few weeks, but a federal judge said they're not enough to deploy the National Guard.

tinyurl.com/bdh98v3v

Read Websters is adding thousands of new words

If it doesn't, it should include:

Trump Appointed Judge

Definition: NOT BOUND TO ANY LAWS - APPOINTED TO CONFIRM WHATEVER TRUMP'S WHIMS ARE

6 months ago 2 2 0 0
Special Issue: 250th Anniversary of The Wealth of Nations | Erasmus Journal for Philosophy and Economics

Call for papers from Erasmus Journal of Philosophy and Economics: Special Issue on the 250th Anniversary of The Wealth of Nations www.ejpe.org/journal/anno...

7 months ago 1 1 0 0