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Search resuls for: "Steven Rattner"


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Much to fear about another Donald Trump presidency: The existential threat to U.S. democracy. Yes, while Trumponomics 1.0 had major flaws (like the deficit-expanding tax cut giveaways to business and the rich), Trumponomics 2.0 is downright scary. A second Trump term would most likely represent a continuation of Mr. Trump’s unsophisticated instincts and what will appeal to his base. On tariffs, immigration and regulation, Mr. Trump would continue the troubling trendlines of his first term in office. And we would continue to pour carbon dioxide into the atmosphere while intentionally sandbagging our booming clean energy sector.
Persons: Donald Trump, Vladimir Putin, Trump Organizations: Trump Locations: U.S, Europe, United States
Opinion | Making Changes to U.S. Immigration Policy
  + stars: | 2024-01-19 | by ( ) www.nytimes.com   time to read: +1 min
That includes balancing the two principal objectives of immigration policy: to meet our legal and moral humanitarian obligations to persecuted individuals and to bolster our work force.”These two objectives need not be at odds. Pathways for displaced people who have skills needed by U.S. employers can benefit displaced people, employers and the communities that welcome new neighbors. The United States could adopt a program, modeled on Canada’s Economic Mobility Pathways Pilot, to address specific needs in states, cities and industries, while offering lasting refuge to displaced people. In fact, the Biden administration could adopt many changes to facilitate displaced people’s access to employment opportunities without legislation. But a humanitarian employment program should be additional to, and must not replace, systems of asylum and resettlement.
Persons: Jan, Steven Rattner, Maureen White, Biden Locations: United States
Several centuries earlier, the adoption of the fulling mill caused an uproar among workers forced to find other occupations. Almost exactly 60 years ago, Life magazine warned that the advent of automation would make “jobs go scarce” — instead, employment boomed. platforms has unleashed a tsunami of hyperbolic fretting, this time about the fate of white-collar workers. Unlike most past rounds of technological improvement, the advent of A.I. has also birthed a small armada of non-economic fears, from disinformation to privacy to the fate of democracy itself.
Persons: Will paralegals, , A.I, Will
China has demonstrated its economy can continue outgrowing the US, Steven Rattner wrote. "Most important, we should not delude ourselves with the fantasy that China is going to fall under its own weight." The former counselor to the Treasury secretary during the Obama administration acknowledged that China's rebound following the end of China's strict COVID policies has fallen short of high expectations. In fact, fresh manufacturing data Wednesday added to fears over China's economy. "Most important, we should not delude ourselves with the fantasy that China is going to fall under its own weight," Rattner concluded.
Persons: Steven Rattner, That's, , Obama, Rockefeller International's Ruchir Sharma, Rattner Organizations: Service, Privacy, China, The New York Times, Trump, Biden Locations: China, South, America
On my first trip to China in more than three years, I awoke to an uncharacteristically brilliant blue Beijing sky. That, for me, proved to be a metaphor for at least part of my weeklong visit this spring. A robust pipeline of exciting start-ups suggested China will continue to be a leader in innovation. Yes, China has its share of economic challenges, particularly how much President Xi Jinping remains committed to maintaining the country’s progress toward a market economy. Yet while the Western press displays increasing skepticism, I believe China will continue to prosper.
Persons: Xi Jinping Locations: China, Beijing, South
Bosses hate work from home because 'home' is for women
  + stars: | 2023-04-17 | by ( Aki Ito | ) www.businessinsider.com   time to read: +10 min
And the old way was clear: The office is for work, and the home is for — well, for whatever unpaid stuff it is that women do while their men are at work. Skeptical that work — real work — could be done at home, bosses quietly penalized the women who opted for flexible schedules by sticking them with boring assignments and denying them promotions. Embracing remote work is a good start, but it comes with risks of its own. Since the pandemic hit, I've heard a few CEOs liken remote work to opening Pandora's box. Women working from home are no longer the aberration — tradition-bound executives are.
Opinion | Vaccines, Inflation, Abortion: 2022 in Charts
  + stars: | 2022-12-30 | by ( Steven Rattner | ) www.nytimes.com   time to read: +16 min
By the end of 2022, 23 percent of American women resided in states with effective bans on abortion. June 2022 March 2022 Dec. 2021 Sept. 2022 Dec. 2022 Fed Funds Rate 6% 5 4 3 2 1 2022 2023 2025 2024 Longer run Unemployment 5% 4 3 2 1 2022 2023 2025 2024 Longer run G.D.P. Growth 4% 3 2 1 2022 2023 2025 2024 Longer run Core Inflation 5% 4 3 2 1 2022 2023 2025 2024 Sept. 2022 June 2022 March 2022 Dec. 2021 Dec. 2022 Fed Funds Rate G.D.P. Growth 4% 6% 5 3 4 3 2 2 1 1 2022 2023 2025 2022 2023 2025 2024 2024 Longer run Longer run Core Inflation Unemployment 5% 5% 4 4 3 3 2 2 1 1 2022 2023 2025 2022 2023 2025 2024 2024 Longer run Source: Federal Open Market CommitteeThe sustained period of high inflation left the Fed playing catch-up, as it had initially believed that the surge would prove transitory. 150 100 Xi Jinping addresses in 2017 & 2022 50 1982-2012 Economy Military Market Technology Reform Security Source: Capital EconomicsThen there was China: Our biggest source of imported goods became ever more clearly our biggest strategic adversary.
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