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A Liz Truss Moment for America?

By Ilene
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https://paulkrugman.substack.com/p/a-liz-truss-moment-for-america?

A Liz Truss Moment for America?

Financial indicators are flashing yellow

By Paul Krugman
 

Despite hitting a few speed bumps, Congress seems likely to pass Donald Trump’s “big, beautiful bill” — legislation that combines big tax cuts for the rich with vicious cuts in social programs — within a few days. This momentous move will take place with almost no public discussion; the final hearing of the House Rules Committee began at 1 AM this morning. That’s right, 1 AM. We’re clearly watching a bum’s rush, an attempt to ram this atrocity through before the public understands what’s happening.

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