Listen to more stories from David Dayen
Listen to more stories from David Dayen
Aftermath: The Economy Is Propped Up by Government Spending
Aftermath: The Economy Is Propped Up by Government Spending
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Aftermath: The Economy Is Propped Up by Government Spending
In today’s edition, we highlight an underdiscussed reason why damage from the war hasn’t eaten the U.S. economy: fiscal stimulus.
The Threat of Big Insurance
The industry is hugely lucrative, with endless sums of cash to influence lawmakers. A new report tracks 25 years of health insurance industry donations.
Organized Money: California Dreamin’ … of a Slush Fund for Uber
Regulatory capture could be the grandest scam ever, and California is the Wild West.
Why That Next Hamburger Is Going to Cost You
The domestic return of the New World screwworm, a parasite that can devastate cattle herds, happened while the Trump administration was focused on dismantling government.
Organized Money: Why Farmers and Filmmakers Both Face Monopoly
Monopoly power has penetrated nearly every sector of commerce.
Your June 2 Primary Election Guide
Here’s what’s happening across California and throughout the country today.
One Company May Know Everything About You
The world’s largest advertising conglomerate has proposed merging with the company that has built detailed profiles on every American.
Does Xavier Becerra Know What a PBM Is?
The question speaks to how in the Democratic Party, there is no price paid for the inability to govern.
Aftermath: The Trump Who Cried Iran Deal
People have tuned out Trump’s promises of a deal. That is starting a cascade of consequences.
Trump’s Slush Fund Could End Up Costing Recipients Billions
Suing slush fund recipients under the False Claims Act could claw back their payments, plus three times as much in damages.
Organized Money: The Mechanic vs. the Billionaire with Dan Osborn
What is sacrificed when running for a U.S. Senate seat?
The Real Moral Majority
Sen. Chris Murphy has a sense of what ails America, and he wants to restore its spiritual core.
Mamdani Announces Balanced Budget Without Cuts
Buoyed by billions in assistance from the state, real talk about what it takes to run New York City, and some taxes on the rich, the mayor closed a historic leftover budget deficit.
Organized Money: Who Killed Spirit Airlines?
Death by a thousand cuts delivered by myriad assassins
San Francisco Congressional Battle Has Three Different Visions for Government
A working-class voice, a policy wonk, and a champion of political revolution face off for Nancy Pelosi’s seat.
Meat Industry Price Fixer Sentenced to Make Money
Agri Stats collected proprietary information from all meat producers and encouraged price increases for decades. After a Trump DOJ settlement, it’s allowed to stay in business.
Aftermath: There Is No End to the War With Iran
In today’s edition, we discuss how the haphazard ending to the war won’t divert from the terrible path Donald Trump has led the world down.
Outside Spending in Nebraska House Seat Tops $3.5 Million
Democratic Majority for Israel hastily got out of the Second District race after realizing the beneficiary of its spending had disavowed the group. It’s back under a different name.
The Complacent Class
The Milken Conference in Los Angeles is designed for the global financial elite. Their thinking about the Iran war is childish.
Organized Money: The Conservative Who Torments Big Business
We are faced with corporate power so vast it spawned a conservative antitrust movement.
Aftermath: The First Corporate Casualty of the Iran War
Spirit Airlines’ demise can be directly traced to the rise in jet fuel prices. That hasn’t stopped corporate Democrats from blaming Biden-era merger policy.
Dan Osborn’s Next Fight
The independent from Nebraska is taking a second run at the U.S. Senate, against an even more appropriate opponent for his working class-vs.-billionaires message.
Controversial Pro-Israel PAC Launders Spending Through Another PAC
Nebraska congressional candidate Denise Powell had rejected the support of Democratic Majority for Israel. So DMFI transferred its ad buy to a different organization.
The Progressive Caucus Unveils Its Contract with America
Reminiscent of the Gingrich Revolution, a multi-bill package would attack higher costs, raise wages, and get big money out of politics. Its architect sees it as a battle plan for the midterms.
Could the New Florida Congressional Map Be a Dummymander?
Special elections have gone sharply against Donald Trump’s successes in the 2024 election. This November, the GOP’s bid to pick up four Democratic seats could similarly fall flat.
Organized Money: The Chatbot Will See You Now
As Big Tech attempts to algo and chatbot your therapy, advocacy and new law fight to save the art and science of humans helping humans.
Aftermath: California Gas Prices Are Up, and It’s Not Just the War
A refinery oligopoly and exclusive contracts allow the oil industry to price-gouge California drivers.
Congress Has Become Almost Totally Irrelevant
The way Republicans are managing the Department of Homeland Security budget shows that Congress is now just something to work around.
Aftermath: Wall Street Is Lying to Itself
Financial futures indicate little damage from the Iran war. Reality begs to differ.
John Cavanaugh Against the World
The scion of a political family wants to win Omaha’s swingy congressional district and improve lives for working people, amid attacks from both parties and doubts from apathetic residents.
Organized Money: Big Oil and Big Plastic Are One and the Same
Plastic is in many ways a vital technology, but did we really need to use it everywhere?
Aftermath: The Hormuz Farm Crisis
Today in the newsletter: Fertilizer prices are crushing rural farmers. Also, attacks on Gulf state aluminum smelters leave America exposed.
Organized Money: The Live Nation Ticketmaster Verdict
State AGs pick up the Fed’s slack and win one for the fans.
Live Nation Verdict Serves as a Warning
Companies thought they could get away with anything while Donald Trump was in office. But today they have a new problem: state attorneys general, and juries full of ordinary Americans.
Aftermath: How the War Might Cancel Your Flight
In today’s newsletter: Higher aviation travel prices and even mass cancellations are imminent. Also, China is a big winner and loser from the war.
Organized Money: How AIPAC Tries to Dominate the Business of Politics
Are American voters changing their minds about the Israel lobby in American politics?
Out of the Chaos, a Green Future?
Today on Aftermath: How the war in Iran may lead to a boost in renewable energy
Aftermath: Plastics Clogged in the Persian Gulf
In today’s inaugural newsletter: plastic supply chains, sulfuric acid export bans, and the war drags on.
Eric Swalwell and the Death of Accountability
His sexual misconduct was an open secret. So why was he still seen as a rising star in the party?
Getting New York City to Believe in Government
Maintaining the momentum of Zohran Mamdani’s historically successful election campaign has meant doing the little things right.
The War Is Bad. The Cease-Fire Doesn’t Exist. The Future Is Awful.
Iran taking operational control of the Strait of Hormuz has enormous ripple effects.
Who Wrote the 25th Amendment?
It turns out he’s still alive, and still teaching at Fordham Law. We had some questions about an amendment that wasn’t written to meet a moment like this.
The Opening of Trump’s Box
Iran has put a tollgate across the Strait of Hormuz. This fundamentally changes the global economy.
Organized Money: California Attorney General Rob Bonta Is Not Done With Ticketmaster
The system is not completely broken, and it shows when states pick up the shattered pieces of our federal system.
Private Equity’s Great Escape
The industry bought companies for too much money and made a bunch of bad loans. Now they’re scrambling to avoid the reckoning.
Mamdani Announces Free Child Care Program for City Workers
The provider will be on the ground floor of the Dinkins Municipal Building, and is another step on the road to a free, universal program citywide.
Billionaire Wealth Has Doubled So Far This Decade
An estimate of a new wealth tax proposal shows that it would generate twice as much revenue as it did when it was first introduced in 2021.
Social Media’s Endgame Moment
Even users don’t like it. So when you ask juries to render verdicts, they’re inclined to punish the platforms.
Here’s the Proposed Deal to Fund Most of DHS
Everything would be funded except ICE enforcement, and some reforms added, while Republicans would try a long-shot reconciliation bill for ICE money afterward.
Organized Money: The Business of Betting on Murder with Sen. Chris Murphy
Bet you can’t guess who is insider trading the Iran War.