Maxwell School News and Commentary
Filtered by: Economic Policy
McDowell Discusses the Mar-a-Lago Accord and the US Dollar in Deutsche Welle Interview
Part of the Mar-a-Lago Accord is essentially the goal to reduce U.S. debt service costs by forcing other countries to exchange existing U.S. bonds for 100-year, low- or no-interest bonds. “This is such an unprecedented idea. This is, in my opinion, the most kind of fantastical part of this,” says Daniel McDowell, Maxwell Advisory Board Professor of International Affairs.
See related: Economic Policy, Federal, International Affairs, Trade, U.S. Foreign Policy, United States
As Trump's Budget Bill Moves Ahead in the House, Reeher Discusses What’s Next With LiveNOW from FOX
“The strategy is going to be walking a tight rope. You've got folks in the Freedom Caucus on the Republican Party in the House that want deeper cuts and more reassurances that these cuts are actually going to happen. And you've got moderate Republicans in the Senate that are worried about those cuts,” says Grant Reeher, professor of political science.
See related: Congress, Economic Policy, Political Parties, Taxation, United States
Lovely Speaks to China Daily About the Impact of President Trump’s Tariffs
“In some sectors, tariffs create no new jobs in the U.S., as trade is diverted to third countries rather than inducing new domestic production,” says Mary Lovely, professor emerita of economics.
See related: Canada, China, Federal, International Affairs, Latin America & the Caribbean, Tariffs, Trade, United States
Monarch Speaks With Newsweek and NY Post About Trump’s Tariffs, Rising Prices
See related: Federal, International Affairs, Tariffs, Trade, United States
McDowell Article on Trump Administration’s ‘Mar-a-Lago Accord’ Published by Atlantic Council
“The public is not enthusiastic about a depreciating currency, even if that means more exports. This implies that a core component of a Mar-a-Lago Accord—a sustained weakening of the dollar—could pose political risks for Trump,” writes Professor of Political Science Daniel McDowell and his co-author, David Steinberg.
See related: Economic Policy, Federal, International Affairs, Trade, United States
Cohen Quoted in the Guardian and USA Today Articles About Trump’s Tariffs
“The U.S. has long used tariffs to collect revenue, aid manufacturing and exert power,” says Andrew Cohen, professor of history. “But I can’t think of a trade war initiated so randomly in a time of peace and prosperity.”
See related: Federal, International Affairs, Tariffs, United States
Reeher Speaks With WXXI News About Meeting Between President Trump and NY Gov. Hochul
“She's playing the game a little bit differently—the resistance game,” says Grant Reeher, professor of political science. “She doesn't want to be seen to be an ally of Donald Trump and his administration,” he says. “She also has to worry about her left flank and being seen as too liberal.”
See related: Energy, Federal, Infrastructure, New York State, State & Local, Tariffs, U.S. Immigration
Fairchild Quoted in Christian Science Monitor Article on the Lingering Impact of COVID
A new media landscape emerged during the pandemic, fueling an outrage that turned scientists and public health officials into villains. University Professor Amy Fairchild describes it as a “backlash movement” that has fundamentally reshaped our political and cultural landscape.
See related: COVID-19, Economic Policy, Education, Labor, Media & Journalism, Religion
Monarch Discusses the Impacts of Trump’s Tariffs in Newsweek and Nexstar Articles
Typically, a Republican presidency would be defined by a pro-business outlook that includes lower taxes and deregulation, which tend to boost investment in equities. Trump's tariffs, however, are a driving force in the other direction this time, says Ryan Monarch, assistant professor of economics.
See related: Canada, Federal, International Affairs, Tariffs, Trade, United States
States’ COVID-19 Policy Contexts and Suicide Rates Among US Working-Age Adults
“States’ COVID-19 Policy Contexts and Suicide Rates Among US Working-Age Adults,” co-authored by Maxwell professors Emily Wiemers, Shannon Monnat, Douglas Wolf, Jennifer Karas Montez and Iliya Gutin, along with Ph.D. student Joshua Grove, was published in Health Affairs Scholar.
See related: COVID-19, Economic Policy, Gender and Sex, Mental Health, State & Local, United States