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Author Archives: Steven Pressman

What does the economy need now? 3 suggestions for Biden’s coronavirus relief bill

Steven Pressman January 22, 2021

Steven Pressman and two other economists share what’s on the top of their wish lists for President Biden and Congress, and why.

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Trillions in coronavirus spending is putting AOC’s favorite economic theory to the test

Steven Pressman August 11, 2020

Modern monetary theory is tested as countries spend unprecedented amounts to aid companies, workers and citizens during the pandemic.

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Trump’s right: Congress should give Americans $1,000 a month right now to fight the coronavirus recession

Steven Pressman March 18, 2020

Direct payments are just what low-wage Americans suddenly without a paycheck need to endure the crisis, which could last many months.

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Democratic plans for raising taxes on the rich: A guide for the middle class

Steven Pressman February 07, 2020

Here is a brief look at the tax plans of the top eight candidates in the polls and what economists think about them.

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The dysfunctional debt ceiling and why we should kill it: 5 questions answered

Steven Pressman July 18, 2019

Like the rest of us, governments must borrow when they spend more money than they receive.

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The US economy likely just entered its longest ever expansion – here’s who benefited in 3 charts

Steven Pressman July 01, 2019

In theory, economic growth should represent a higher standard of living. Unfortunately, economic growth during the current expansion has neither been deep nor broadly distributed among most Americans.

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3 ways $2 trillion for infrastructure can fight inequality too

Steven Pressman May 02, 2019

Spending in areas that will help struggling working and middle-class families hurt by ever-rising economic inequality would be a good place to start.

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What 3 economists say about the state of the union

Steven Pressman January 30, 2019

Three economists give their own assessments of the state of the union, as well as the president’s performance so far, ahead of the State of the Union Address on Feb. 5.

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Stumped by the stock market slump? Start by picturing a used car dealership

Steven Pressman December 21, 2018

Used car dealers buy old automobiles and resell them. Similarly, stock markets are places where someone sells their ownership in a company to a dealer, who then finds someone else to buy it.

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Two economic policies likely to change with Democrats in control of House

Steven Pressman November 07, 2018

Economic issues on which the election outcome will make a meaningful difference: trade and infrastructure.

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