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Michael Strain | Financial Times

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Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaIran warns it will hit US bases across region hours after president’s apologyWe’ll always have DubaiThe war of unintended consequencesIn the centre of the storm: what does the Iran war mean for Dubai?Trump’s war on Iran is spreading. Where does it stop?USUS HomeUS EconomyUS CompaniesUS Politics & PolicyIran warns it will hit US bases across region hours after president’s apologyThe war of unintended consequencesTrump’s war on Iran is spreading. Where does it stop?Donald Trump calls for more US military action in Latin AmericaUS faced with few good options to tamp down surging oil pricesCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportIn the centre of the storm: what does the Iran war mean for Dubai?Is the nightmare scenario for global energy here?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesThe last of Hong Kong’s colonial-era trainee schemesUS faced with few good options to tamp down surging oil pricesTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesUS draws up strict new AI guidelines amid Anthropic clashGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnOracle and OpenAI scrap deal to expand flagship Texas data centreIran hits Amazon data centres in jolt to Gulf AI driveMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingIs the nightmare scenario for global energy here?US faced with few good options to tamp down surging oil pricesBritain is now the home of the Middle ManInvestors are not ready for a true shockA week of war in charts: the impact on the USClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersWe’ll always have DubaiThe war of unintended consequencesIs the nightmare scenario for global energy here?Britain is now the home of the Middle ManHow mackerel became Schrödinger’s fishLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Are you financially ‘prepped’ for higher inflation?Couples navigate their new money dynamicsAfter years of pay gap reporting, what do we know?Life & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterWe’ll always have DubaiTrump’s war on Iran is spreading. Where does it stop?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesHereditary peer Lord Mancroft: ‘They don’t care about fox hunting. It’s about us’Marinelli: my 15-year quest to ski the biggest face in the AlpsHow To Spend ItHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign Inwritten widelyUS employmentEverything you thought about the US labour market is wrongThe conventional view has struggled to contend with robust economic growthMichael StrainUS politics & policyTrump’s attack on the Fed should galvanise the GOPThe investigation of Jay Powell should be the final straw for Senate Republicans who have avoided criticising the presidentMichael StrainUS politics & policyThe battle for the right’s post-Trump future has begunConservatism is a big tent, but there should be no room in it for those who deny the dignity of all human beingsMichael StrainUS government shutdownDemocrats are wrong to think the shutdown gives them leverageThe move will deprive the Fed of key statistics and further dent America’s global economic leadershipMichael StrainUS politics & policyTrump’s Intel deal is a threat to US economic libertyTaking unnecessary equity stakes in private companies is opportunism — not strategic state capitalismMichael StrainBillionairesZohran Mamdani is wrong — of course billionaires should existThe democratic socialist candidate to be mayor of New York mistakenly believes that the economy is a zero-sum gameMichael StrainTrump tariffsA US recession doesn’t seem so likely any moreTrump has shown a willingness to pivot in the face of adverse market reactionMichael StrainThe Economics Show with Soumaya Keynes podcastShould we be optimistic about the US economy? With Michael StrainAmerica is about more than the president’s trade policyUS economyTrump’s tariffs are an economic emergency for AmericansMisplaced nostalgia is not a good enough reason for something that will only hurt votersMichael StrainDonald TrumpTrump has made a good startA series of early moves has breathed fresh life into the business communityMichael StrainUS presidential election 2024Trump victory kicks off the battle for the right’s futurePopulism seems certain to lose some big fights to traditional GOP policies over the next few yearsMichael StrainUS taxHarris and Trump are equally silent on the expanding US debtThe nation is borrowing to finance current consumption rather than to make much-needed long-term investmentsMichael StrainProtectionismProtectionism is running amok in the USPresident Biden risks undermining sound economic policy and support for a key ally if he blocks the Nippon Steel dealMichael StrainUS presidential election 2024The Trump-Biden consensus on the economy is bad for businessCorporate leaders need to be much more vocal in making the case for free enterpriseMichael StrainUS politics & policyUnruly politicians and unchecked spending risk US debt catastropheWithout deep structural reforms, the nation could be exposed as a deadbeat place that can’t put its finances in orderMichael StrainTaxSupply-siders should stop obsessing about tax cutsConservatives on both sides of the Atlantic must update an agenda that risks being stuck in the Reagan and Thatcher eraMichael StrainUS politics & policyReducing the US deficit will mean pain for the middle classesNeither taxing the top 2 per cent nor cutting spending on low-income households will ease America’s fiscal imbalanceMichael StrainGlobal EconomyWelfare in Trump’s crosshairs after tax overhaulFocus on trimming deficit following tax cuts places low-income individuals at riskUS taxRepublican deficit hawks tight-lipped on costs of tax packageAdvocates say growth and lower spending can offset trillions in extra borrowing requiredUS taxUS budget vote provides sorely needed Republican unityParty backslapping after critical step taken on rocky road to tax reformGlobal EconomyUS incomes at record levels while poverty declinesRising household wealth at odds with Trump’s election message of economic gloomUS politics & policyCongress leaves budget battle over wall for another dayRare bipartisan agreement drops funding for Trump’s key campaign pledgeUS presidential electionTrump courts mainstream Republicans on economyTraditional conservative plan aims to reboot candidate’s struggling campaignHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In

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