Steven Pressman
@stevenpressman.bsky.social
Economics Professor, New School for Social Research; Emeritus Professor of Economics & Finance, Monmouth University; contributor to Washington Spectator; former editor, Review of Political Economy; author/editor of many books, including 50 Major Economists
Some good news. AFEE announced that I will receive the 2027 Veblen-Commons Award. I am deeply humbled to be among the distinguished past recipients of this award, esp. John Kenneth Galbraith, Robert Heilbroner & Hyman Minsky, all of whom influenced my thinking about economics.
Anxiety about the cost of raising a child is soaring. The US fertility rate has dropped almost 50% since WWII. Republicans gutted child tax credits, childcare & education aid while handing tax breaks to the wealthy. Economist @stevenpressman.bsky.social offers fixes in @washspectator.bsky.social
Republicans Made Children More Expensive: Here’s How to Fix the Problem | Washington Spectator
It has gotten more expensive for middle-income families to raise a child due to Republican tax policies. There are ways to fix the problem.
washingtonspectator.org
My latest piece in @washspectator.bsky.social on why #children pose an #affordability problem, and how progressive #taxpolicy can solve a problem created by Republicans. Enjoy!
The Washington Spectator@washspectator.bsky.social · 3mo agoAnxiety about the cost of raising a child is soaring. The US fertility rate has dropped almost 50% since WWII. Republicans gutted child tax credits, childcare & education aid while handing tax breaks to the wealthy. Economist @stevenpressman.bsky.social offers fixes in @washspectator.bsky.social
My latest piece in @washspectator.bsky.social on why #children pose an #affordability problem, and how progressive #taxpolicy can solve a problem created by Republicans. Enjoy!
The Washington Spectator@washspectator.bsky.social · 3mo agoAnxiety about the cost of raising a child is soaring. The US fertility rate has dropped almost 50% since WWII. Republicans gutted child tax credits, childcare & education aid while handing tax breaks to the wealthy. Economist @stevenpressman.bsky.social offers fixes in @washspectator.bsky.social
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
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.
ampr.gs
My latest @washspectator.bsky.social piece-- on #housing #affordability. Enjoy! washingtonspectator.org/trump-gets-a...
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.
washingtonspectator.org
@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...
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.
washingtonspectator.org
@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...
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.
washingtonspectator.org
My latest @washspectator.bsky.social piece-- on #housing #affordability. Enjoy! washingtonspectator.org/trump-gets-a...
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.
washingtonspectator.org
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.
Revealed: The contents of Epstein’s secret storage locker
Video tapes and sex manuals among items paedophile wanted to keep hidden from police
telegraph.co.uk
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
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.
washingtonspectator.org
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.
Steven Pressman@stevenpressman.bsky.social · 6mo agoThe 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...
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...
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.
washingtonspectator.org
If Dems are smart they will pull on the Lutnick thread.
Aaron Rupar@atrupar.com · 6mo agoMassie on Howard Lutnick: "He should just resign. Three people in Great Britain resigned for less than what we've seen Howard Lutnick lie about. He clearly went to the island, if we believe what's in these files. He was in business with Jeffrey Epstein."
@thebulwark.com is hiring a new director of finance. Come work with us! thebulwark.pinpointhq.com/en/postings/...
Director of Finance
Job Opening: Director of Finance at The Bulwark in Washington, DC.
thebulwark.pinpointhq.com
📌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 …
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.
newsweek.com
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
@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...
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.
washingtonspectator.org
@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...
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.
washingtonspectator.org
Even slight errors in CPI, whether by mismeasurement or miscategorization, overtime can amount to very real downweighting of pay. #EconSky
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
open.substack.com
My latest piece in the @washspectator.bsky.social . Enjoy!! washingtonspectator.org/tariff-man-t...
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.
washingtonspectator.org
My latest piece in the @washspectator.bsky.social . Enjoy!! washingtonspectator.org/tariff-man-t...
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.
washingtonspectator.org
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
Jobs and Internships
careers-brookings.icims.com
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...
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.
theconversation.com
thanks for sharing. it is very bad news, but it is very good to know what we up against.
John Cawley@johncawley.bsky.social · 8mo agoFull memo soon to be posted to website of AEA Cttee on the Job Market: 3/3 www.aeaweb.org/about-aea/co...
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.
Catherine Rampell@crampell.bsky.social · 9mo agoTell me you don’t understand risk pools without telling me you don’t understand risk pools
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
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.
washingtonspectator.org
@orion thanks for sharing my @washspectator.bsky.social piece on #socialsecurity
Steven Pressman@stevenpressman.bsky.social · 10mo agoMy 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...
