American - Public | August 18, 1969 -
To the extent that the Trump administration doesn't like a strong dollar, something has got to give, and just yelling at other countries for devaluing when you're raising rates and they're cutting rates is not going to work.
Austan Goolsbee
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One of the most interesting things that I'm seeing of the Trump picks is such a heavy business and financial focus. I can't help but feel like this is going to throw a lot of policy weight and details back to Congress, because these are not people who have a lot of experience drafting legislation.
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Yes, prices go up in health care. They have been doing so for 80 straight years.
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The debt ceiling is not something to toy with.
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If we hit the debt ceiling, that's... essentially defaulting on our obligations, which is totally unprecedented in American history. The impact on the economy would be catastrophic.
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In this country, we have partnerships, we have S corps, we have LLCs, we have a series of entities that do not pay corporate income tax.
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Koch Industries is a multibillion-dollar business.
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