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Rick McGahey

@rickmcgahey.bsky.social
127 followers 346 following 67 posts

economist, urbanist, progressive. AsstSec Policy USDOL, XDir Joint Economic Committee, Econ advisor to Senator Kennedy.Now New School @racepowerpolicy.org visiting at Arizona State @cwd-asu.bsky.social, author of Unequal Cities (2023, Columbia U. Press)

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Rick McGahey @rickmcgahey.bsky.social · 06/08/2026
@mayor.nyc.gov wrestling with providing equity and economic growth. The left must look at @drodrik.bsky.social and "productivism", work with large firms to create good jobs, especially in services. My new piece in @projectsyndicate.bsky.social : www.project-syndicate.org/commentary/m...
project-syndicate.org
Can Progressives Deliver Economic Growth?
Rick McGahey sees Zohran Mamdani’s effort to balance redistribution and dynamism as a bellwether for the left.
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Rick McGahey @rickmcgahey.bsky.social · 11/06/2026
Democrats need a coherent economic framework, not just a long list of unconnected policies. @tghilarducci.bsky.social and I say it should be wage-led growth, for advocates and candidates, integration of specific policies, and an alternative economic vision to trickle-down economics.
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Rick McGahey @rickmcgahey.bsky.social · 23/01/2026
Terrific piece by @mtkonczal.bsky.social on how progressives can engage "abundance." Current push to make it an "omnicause" reminds me of how "nudge" was oversold to argue against more direct interventions in markets and policy.
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Rick McGahey @rickmcgahey.bsky.social · 23/11/2025
I said the Mamdani-Trump truce couldn't last, although I thought it might get more than two days. But on Meet the Press, Mamdani affirmed he thinks Trump is a "fascist" and a "despot." www.nbcnews.com/politics/don...
nbcnews.com
Zohran Mamdani says he still believes Trump is a 'fascist' and a 'despot' after White House meeting
The New York mayor-elect said that while he does believe Trump is a fascist, he still plans on working with the White House on New Yorkers' behalf.
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Rick McGahey @rickmcgahey.bsky.social · 22/11/2025
The meeting of @realdonaldtrump.govmirrors.com and @zohrankmamdani.bsky.social was surprisingly friendly; like others, I expected a lot more conflict. But deep political and policy differences remain that can't be bridged by one TV op. My latest blog in @forbes.com: www.forbes.com/sites/richar...
forbes.com
Can Trump And Mamdani’s TV Truce Overcome Their Deep Differences?
The Trump-Mamdani meeting was surprisingly friendly, but deep policy and political differences remain, especially over affordability.
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Rick McGahey @rickmcgahey.bsky.social · 20/11/2025
Community voices led by COPS/Metro fought it, but San Antonio will give hundreds of millions in subsidies to the San Antonio Spurs' wealthy owners . Economists know subsidies don't work, but cities and states keep giving taxes away. My latest @forbes.com blog: www.forbes.com/sites/richar...
forbes.com
San Antonio: Do Stadium Subsidies Reward Billionaires Or Communities?
San Antonio is the latest approval of subsidies to billionaire sports owners even though economic research shows subsidies don't pay off. What can communities do?
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Rick McGahey @rickmcgahey.bsky.social · 31/10/2025
As we revisit the 50th anniversary of New York's fiscal crisis and near bankruptcy, #DavidEichenthal in @vitalcitynyc.bsky.social reminds us federal aid ultimately was provided, and how cities now face much worse prospects under @realdonaldtrump.govmirrors.com. www.vitalcitynyc.org/articles/wha...
vitalcitynyc.org
Vital City | What Came After ‘Drop Dead’
In the 1970s, the federal government helped rescue New York, but cities today can’t count on help from Washington.
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Rick McGahey @rickmcgahey.bsky.social · 18/10/2025
No Kings in Sedona AZ thousands marching lots of supportive car honking
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Rick McGahey @rickmcgahey.bsky.social · 18/10/2025
#Trump attacks on #cities combined with America's anti-urban bias mean even if @zohrankmamdani.bsky.social is New York's next mayor, he'll have little room to enact or expand his programs. My article in @vitalcitynyc.bsky.social: www.vitalcitynyc.org/articles/can...
vitalcitynyc.org
Vital City | Can Cities Withstand Trump’s Assault?
Economically, New York faces few good options in the face of Washington’s hostility.
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Rick McGahey @rickmcgahey.bsky.social · 10/10/2025
Billions in public dollars for #semiconductor reshoring now in economy, important conference at @arizonastateuni.bsky.social Center for Work and Democracy on how #industrialpolicy can benefit economy, industry, workers, and communities. My latest @forbes.com: www.forbes.com/sites/richar...
forbes.com
Making Federal Semiconductor Billions Work For Everyone
Billions in government support is spurring semiconductor investments, which a conference at Arizona State says need worker, environmental, and community benefits.
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Rick McGahey @rickmcgahey.bsky.social · 09/10/2025
As @zohrankmamdani.bsky.social makes us think how New York CIty's economy can better serve those left out, a timely and important new book by historian Daniel Wortel-London, "The Menace of Prosperity," shows us that battle through the city's history. www.forbes.com/sites/richar...
forbes.com
Rethinking New York City’s Economy: “The Menace Of Prosperity”
A new history of New York City's economy shows alternative visions from the past with ideas for the future; it will interest Mamdani and others who care about cities.
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Rick McGahey @rickmcgahey.bsky.social · 28/09/2025
The pending federal #shutdown is not only about spending, but reflects a growing #Constitutional fight over Congressional and presidential power. My latest @forbes.com blog: www.forbes.com/sites/richar...
forbes.com
Shutdown Crisis: Trump Battling Over Congress’ Constitutional Powers
The pending government shutdown also is about a constitutional fight over Congressional and presidential power.
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Rick McGahey @rickmcgahey.bsky.social · 18/09/2025
#AI dynamic pricing used for tickets to #WorldCup, #WaltDisneyWorld, Taylor Swift tour, and elsewhere. Fair and efficient, or disempowering for consumers and workers, and ethically challenged? My latest @forbes.com blog: www.forbes.com/sites/richar...
forbes.com
World Cup, Disney World, Taylor Swift—Is AI Ticket Pricing Unethical?
The World Cup, Disney World, and Taylor Swift all use AI-enabled ticket pricing, but some complain it is unfair and unethical.
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Rick McGahey @rickmcgahey.bsky.social · 15/09/2025
@nytimes.com story on @UAW.org doesn’t mention UAW higher education members, some estimates over 25% of membership (I’m in @UAWRegion9A.bsky.social) Fain has support strong there Shawn Fain, Who Pledged to Reform U.A.W., Faces Internal Dissent nytimes.com/2025/09/15/bus… via @NYTimes
nytimes.com
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Rick McGahey @rickmcgahey.bsky.social · 10/09/2025
New York #BoardofElections approves pro-housing amendments for voter consideration, in spite of some progressive opposition. But some in NY and L.A. fight against more housing, a mistaken position that will make affordability worse. My latest @forbes.com blog: www.forbes.com/sites/richar...
forbes.com
Progressives NIMBYs Threaten Affordable Housing In New York And L.A.
Opposition by some progressives to housing development in New York and Los Angeles could worsen housing affordability.
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Rick McGahey @rickmcgahey.bsky.social · 31/08/2025
On #LaborDay, conservatives like #OrenCass say they support workers, but oppose unions. But as @epi.org and @aflcio.org know, without unions, workers won't get the benefits and protections they need. My latest @forbes.com blog: www.forbes.com/sites/richar...
forbes.com
Labor Day 2025: Can Conservatives Support Workers Without Unions?
Labor Day 2025: Conservatives like Oren Cass say they support workers, but their opposition to unions means workers won't get benefits or protections they need.
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Rick McGahey @rickmcgahey.bsky.social · 28/08/2025
Insiders in both red and blue metros are blocking #affordablehousing, important recent #NBER paper by Glaeser and Gyourko. My latest @forbes.com: www.forbes.com/sites/richar...
forbes.com
Both Red And Blue Regions Are Blocking Affordable Housing
Both blue and red metropolitan areas block affordable housing as insiders use overregulation to prevent new construction
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Rick McGahey @rickmcgahey.bsky.social · 25/06/2025
Can @zohrankmamdani.bsky.social deliver his policies for New York City? Tension between progressive goals and realities of governing. My latest @forbes.com : www.forbes.com/sites/richar...
forbes.com
Can A Socialist Mayor Mamdani Deliver For New York City?
Can socialist Zohran Mamdani be an effective New York City mayor and keep his progressive policy ideas?
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Rick McGahey @rickmcgahey.bsky.social · 20/06/2025
Very important report out today on debt and development, written by progressive economist and commissioned to buy Pope Francis. Even with the Trump craziness, we must pay attention to these long-term structural problems that are choking off development for much of the world‘s population
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Rick McGahey @rickmcgahey.bsky.social · 16/06/2025
Republicans are united, not divided, around #Trump #big,beautifulbill. Deep, regressive tax cuts paid for by severe cuts in the safety net and trillions more in borrowing. The Republicans share these objectives. My latest @forbes.com: www.forbes.com/sites/richar...
forbes.com
Republicans: “Unbelievable Unity,” Not Division, On Big Beautiful Bill
Republican have virtual unanimity on Trump's "big, beautiful bill": large regressive tax cuts, big reductions in social programs, and trillions more in borrowing.
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Rick McGahey @rickmcgahey.bsky.social · 15/06/2025
Good old #patriarchy at the #NewYorkTimes. Story on Amy Comey Barrett "confounding the right and the left" says she "locked in conservative victories on gun rights, affirmative action, and the power of federal agencies." Guess ending womens' right to choose wasn't so important.
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Rick McGahey @rickmcgahey.bsky.social · 04/06/2025
New York City revised its charter in 2022 to focus on #racialequity, coordinating that issue with the budget process. But the city is not meeting its deadlines and is behind what other cities are doing. My latest @forbes.com blog: www.forbes.com/sites/richar...
forbes.com
New York’s Challenges In Budgeting For Racial Equity
New York City voters added racial equity provisions to the city charter. But implementation is lagging with required reports not issued.
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Rick McGahey @rickmcgahey.bsky.social · 30/04/2025
The first #100days of @donaldjtrump-maga.bsky.social include dramatic economic policy changes, especially in #tariffs. Do economists see a coherent strategy, or mostly chaos? (Hint: mostly chaos). My latest @forbes.com: www.forbes.com/sites/richar...
forbes.com
Trump’s First 100 Days Fuels An Economic Debate: Strategy Or Chaos
In his first 100 days, Trump claims to have an economic strategy while many economists see chaos and potential inflation and recession.
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Rick McGahey @rickmcgahey.bsky.social · 27/04/2025
Very sad news, my old boss and great Labor Secretary #alexisherman has died, too soon. Smart, principled, effective, and great to work for, she will be sorely missed. www.nytimes.com/2025/04/27/u...
nytimes.com
Alexis Herman, First Black Secretary of Labor, Dies at 77
A social worker, she became a Democratic Party insider and joined President Bill Clinton’s cabinet during his second term.
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Reposted by Rick McGahey
Teresa Ghilarducci @tghilarducci.bsky.social · 21/04/2025
Here we are. America’s richest have never been richer & most Americans are scared they won’t be able to retire. It’s not hard to see why a pitchforks metaphor resonates. Fixing Social Security won’t solve everything. But it’s a smart and humane first step tinyurl.com/mstt9pvz
tinyurl.com
7 Alarming Facts About Wealth Inequality: Bring On the Pitchforks?
Now more than ever we are living in an era defined by a gaping and growing divide between the haves and have-nots.
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Rick McGahey @rickmcgahey.bsky.social · 18/04/2025
Amid continuing attacks on #DEI, @andreperryedu.bsky.social has a timely and important new book, "Black Power Scorecard," on continuing racial gaps and what it might take to overcome them. My review @forbes.com : www.forbes.com/sites/richar...
forbes.com
Andre Perry’s “Black Power Scorecard” Is Essential Reading, Especially Now
Andre Perry's "Black Power Scorecard" details America's persistent racial gaps and what it might take to overcome them.
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Rick McGahey @rickmcgahey.bsky.social · 26/03/2025
#SocialSecurity is being wrecked by Trump, Musk, and Doge. @tghilarducci.bsky.social tells us how hard it will hit seniors, and how the wreckage will have long term damage, in #Forbes. www.forbes.com/sites/teresa...
forbes.com
Social Security Is Breaking Down— Millions Will Feel It First
Trump and DOGE have not cut or delayed Social Security checks—yet. The Social Security Administration does not miss checks. In 80 years, it never missed payment
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Rick McGahey @rickmcgahey.bsky.social · 24/03/2025
Brillilant review of #abundance by @toddturner.bsky.social who finds much to like but points out political naïveté of @ezrakleinbot.bsky.social and @dkthomp.bsky.social. A political movement requires broad political support, especially #unions, Tucker doesn't think authors have a political path.
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Rick McGahey @rickmcgahey.bsky.social · 08/03/2025
A federal government #shutdown is looming and a solution will be hard to find. #Trump actions in office make #Democrats mistrust he will keep his word on any deal. My latest @forbes.com blog: www.forbes.com/sites/richar...
forbes.com
Democrats’ Distrust Of Trump And Republicans Drives Government Shutdown
With a government shutdown likely on March 14, President Trump and Congress are getting serious about preventing it—or at least discussing it.
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Rick McGahey @rickmcgahey.bsky.social · 27/02/2025
Budget policy of #Trump and #Republicans will need to finance multitrillion dollar tax cut with major cuts in #Medicaid my latest blog @forbes.com www.forbes.com/sites/richar...
forbes.com
Trump And Republican Budget May Drain Medicaid To Pay For Huge Tax Cut
Trump and Republican budget calls for huge tax cuts, which likely will have to be paid for by Medicaid cuts.
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Rick McGahey @rickmcgahey.bsky.social · 20/02/2025
Among many horrors of #DonaldTrump we are facing a #governmentshutdown in March. Congressional Democrats have some leverage and they must use it, although it will likely be a bitter fight. My latest @forbes.com blog: www.forbes.com/sites/richar...
forbes.com
Trump, Republicans Confront Democrats Over March Government Shutdown
The federal government may shut down in March due to battles between Trump and Democrats over spending and government operations, and internal fights among Republicans.
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Rick McGahey @rickmcgahey.bsky.social · 29/01/2025
#DonaldTrump spending freeze #impoundment overrides law, precedent, and the Constitution, threatening trillions of dollars in Congressionally approved spending and hurting states, nonprofits, and vital services. My latest @forbes.com: www.forbes.com/sites/richar...
forbes.com
Impoundment: Can Trump Freeze Spending Approved By Congress?
President Trump is impounding funds already legally authorized by Congress, in defiance of law, precedent, and arguably the Constitution.
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Rick McGahey @rickmcgahey.bsky.social · 20/12/2024
Solving America's #housingcrisis means more building. But some progressives oppose more development, based on three erroneous myths. My latest in @forbes.com : www.forbes.com/sites/richar...
forbes.com
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Rick McGahey @rickmcgahey.bsky.social · 06/12/2024
A shame to lose @pkrugman.bsky.social from the ever-worsening and Trump-accomodating @nytimes.com. Krugman combines rigorous analysis with knowing that economics must be more than technique, and help us achieve shared prosperity for all, especially those left behind. He'll be missed in that space.
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Rick McGahey @rickmcgahey.bsky.social · 02/12/2024
A great reminder of the anniversary of Rosa Parks’ defiance of bus segregation. But the mug shot is February 1956, part of the organized movement and the Montgomery bus boycott. Parks was part of a large civil rights movement, not just some isolated individual who suddenly got angry
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Rick McGahey @rickmcgahey.bsky.social · 01/12/2024
New York City’s housing crisis has been fueled by years of anti-development policy, but Mayor Eric Adams’ new “City of Yes” will help close the housing gap. My latest @forbes.com blog: www.forbes.com/sites/richar...
forbes.com
“City Of Yes”: Promising, But Won’t Solve New York Housing Crisis
The "City of Yes" will help address the New York housing crisis, but isn't enough by itself. Decades of inadequate construction will need major changes in policy.
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Rick McGahey @rickmcgahey.bsky.social · 25/11/2024
Cities face hostility and loss of support from #DonaldTrump and Republican Congress. NYC Comptroller @bradlander.bsky.social has detailed the potential harm to NYC's budget, damage that will be repeated in cities across the country. My latest @forbes.com blog: www.forbes.com/sites/richar...
forbes.com
Trump’s Policies Will Be Bad News For America’s Cities
Trump’s rhetoric is starkly anti-city, and the policies he’s envisioning will make these next four years very challenging for urban America.
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Reposted by Rick McGahey
Jerusalem Demsas @jerusalem.bsky.social · 14/11/2024
New >> California and New York are projected to lose up to 8 electoral votes in 2030. Texas and Florida are projected to gain 8. If Kamala Harris had to compete with that map, even winning Pennsylvania, Michigan, and Wisconsin wouldn’t have saved her. www.theatlantic.com/politics/arc...
theatlantic.com
The Democrats’ Electoral College Squeeze
In the future, even winning the former “Blue Wall” states won’t be enough for the party’s presidential nominees.
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Rick McGahey @rickmcgahey.bsky.social · 25/09/2024
Economics of #Trump are mostly sound bites, so hard to analyze in detail. But he supports regressive tax cuts, costly tariffs, and immigration policies that will all hurt the economy. My latest @Forbes.com blog: www.forbes.com/sites/richar...
forbes.com
Trump’s Economic Plans Don’t Add Up
Donald Trump's economic ideas are presented with little detail. But he favors tax cuts for the wealthy and corporations, and tariffs that will cost American families
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