GOP tax bill would usher in a bleak future

By Fareed Zakaria Thursday, Dec. 14, 2017 If the Republican tax plan passes Congress, it will mark a watershed for the United States. The medium- and long-term effects of the plan will be a massive drop in public investment, which will come on the heels of decades of declining spending (as a percentage of gross … Continue reading

Maybe Trump knows his base better than we do

By Fareed Zakaria Thursday, Nov. 30, 2017 Watching the Republican tax plan race through Congress, one is reminded of a big apparent difference between President Trump’s program and other populist movements in the Western world. In the United States, Trump is leading something that is best described as plutocratic populism, a mixture of traditional populist … Continue reading

Donald Trump’s lost opportunity

By Fareed Zakaria Thursday, July 20, 2017 There are many ways to evaluate the Trump presidency at the six-month mark. What I am struck by is the path not taken, the lost opportunity. During the campaign, it was clear that Donald Trump had many flaws, but he tapped into a real set of problems facing … Continue reading

The education of Donald Trump – and us

By Fareed Zakaria Thursday, Apr. 27, 2017 There are so many unusual, unprecedented aspects of President Trump’s first 100 days in office that it’s hard to know where to begin. By his own yardstick, the number of promises unfulfilled is staggering. During the campaign, Trump said he would ask for a bill repealing Obamacare “my … Continue reading

Sorry, President Trump. I agree with you.

By Fareed Zakaria Thursday, Feb. 2, 2017 After his spat with Mexico, after the travel ban, this week President Trump did something that surprised me. He put in place a policy with which I agreed. He placed a smart check on ever-proliferating federal regulations. His executive action requires any department that wants to add a … Continue reading

Trump’s real charitable gift: exposing the corruption of the U.S. tax code

By Fareed Zakaria Thursday, October 6, 2016 Donald Trump has done America a great public service. No, really. By taking advantage of the country’s tax laws in such spectacular fashion, he has shone a spotlight on the corruption that is at the heart of American politics — the tax code. When most people discuss taxes, … Continue reading

It’s not just Trump: The GOP is not serious on the economy

By Fareed Zakaria Thursday, August 11, 2016 In recent days, I have had a dream: that America has a real Republican Party, a party offering a serious right-of-center alternative to the Democrats. Such a contest of ideas would improve the public debate and offer Americans a real choice, not the cartoon campaign we have today. … Continue reading

Economy needs both reform and investment

By Fareed Zakaria One way President Obama can begin to put the IRS scandal behind him is by proposing comprehensive tax reform. Beyond the usual Washington theatrics, the real problem is that the U.S. tax code is unbelievably complicated, clocking in around 74,000 pages, with all rulings, regulations and other material. The greater the complexity, … Continue reading

Tax and Spend

Lowering corporate taxes and building infrastructure could lead us to recovery By Fareed Zakaria The most troubling aspect of June’s job numbers—only 80,000 jobs were created last month—is that they are part of a new normal. Over the past two decades, U.S. economic recoveries have tended to be slow and jobless. In every recession from … Continue reading

Romney is wrong on tax cuts

By Fareed Zakaria The Obama campaign’s attack ad about Bain Capital presented a simplistic picture of a complicated reality. Private-equity firms can play a crucial role in keeping companies competitive. And although some firms have engaged in some bad practices, on the whole the industry has grown so large because it performs a useful function. … Continue reading