Steve Rattner
@steverattner.bsky.social
Former head of Obama Auto Task Force. Wall Street financier. Contributing Writer to NY Times Op-Ed. Morning Joe Economic Analyst. 🌐
Trump’s housing proposals – like most of his economic initiatives – sound big but won’t make any significant progress on affordability for Americans.
My @morningjoe-msnow.bsky.social Chart
My @morningjoe-msnow.bsky.social Chart
January 14, 2026 at 2:01 PM
Trump’s housing proposals – like most of his economic initiatives – sound big but won’t make any significant progress on affordability for Americans.
My @morningjoe-msnow.bsky.social Chart
My @morningjoe-msnow.bsky.social Chart
If we want to ease home prices, we need to increase supply. Estimates put the shortage at anywhere between 2 and 5 million homes.
My @morningjoe-msnow.bsky.social Chart
My @morningjoe-msnow.bsky.social Chart
January 14, 2026 at 2:00 PM
If we want to ease home prices, we need to increase supply. Estimates put the shortage at anywhere between 2 and 5 million homes.
My @morningjoe-msnow.bsky.social Chart
My @morningjoe-msnow.bsky.social Chart
Donald Trump’s housing proposals so far fail to address the root of the problem: America hasn’t been building enough houses for over a decade.
My @morningjoe-msnow.bsky.social Chart
My @morningjoe-msnow.bsky.social Chart
January 14, 2026 at 1:59 PM
Donald Trump’s housing proposals so far fail to address the root of the problem: America hasn’t been building enough houses for over a decade.
My @morningjoe-msnow.bsky.social Chart
My @morningjoe-msnow.bsky.social Chart
Homebuying costs skyrocketed after covid, as home prices and mortgage rates increased in tandem.
My @morningjoe-msnow.bsky.social Chart
My @morningjoe-msnow.bsky.social Chart
January 14, 2026 at 1:59 PM
Homebuying costs skyrocketed after covid, as home prices and mortgage rates increased in tandem.
My @morningjoe-msnow.bsky.social Chart
My @morningjoe-msnow.bsky.social Chart
Since 2000, home prices have grown nearly twice as fast as incomes. That’s great for those who already owned a home, but terrible for buyers.
My @morningjoe-msnow.bsky.social Chart
My @morningjoe-msnow.bsky.social Chart
January 14, 2026 at 1:58 PM
Since 2000, home prices have grown nearly twice as fast as incomes. That’s great for those who already owned a home, but terrible for buyers.
My @morningjoe-msnow.bsky.social Chart
My @morningjoe-msnow.bsky.social Chart
Inflation remained unchanged in December, at 2.7%
January 13, 2026 at 2:07 PM
Inflation remained unchanged in December, at 2.7%
A great chart from @washingtonpost.com on how work has changed over the years. Computers and the internet have consistently eroded at secretary jobs, while blue collar roles in construction have continued to grow.
January 12, 2026 at 6:53 PM
A great chart from @washingtonpost.com on how work has changed over the years. Computers and the internet have consistently eroded at secretary jobs, while blue collar roles in construction have continued to grow.
The unemployment rate dropped slightly in December, to 4.4%.
January 9, 2026 at 1:43 PM
The unemployment rate dropped slightly in December, to 4.4%.
Payrolls grew by 50K in December, as the labor market continued to cool.
January 9, 2026 at 1:39 PM
Payrolls grew by 50K in December, as the labor market continued to cool.
Americans simply can’t afford home prices. The gap between average qualifying income for home ownership and average income has skyrocketed post-covid.
cc: Torsten Slok
cc: Torsten Slok
January 8, 2026 at 9:01 PM
Americans simply can’t afford home prices. The gap between average qualifying income for home ownership and average income has skyrocketed post-covid.
cc: Torsten Slok
cc: Torsten Slok
I don’t think banning big investors from buying single family homes is going to solve our affordability problems. Interestingly, though, the share of single family homes built for rent is at historical highs around 8%.
cc: Torsten Slok
cc: Torsten Slok
January 8, 2026 at 8:49 PM
I don’t think banning big investors from buying single family homes is going to solve our affordability problems. Interestingly, though, the share of single family homes built for rent is at historical highs around 8%.
cc: Torsten Slok
cc: Torsten Slok
By historical standards, the ratio of home prices to rent is very high. That’s pushing more people to rent instead of own.
cc: Torsten Slok
cc: Torsten Slok
January 8, 2026 at 8:13 PM
By historical standards, the ratio of home prices to rent is very high. That’s pushing more people to rent instead of own.
cc: Torsten Slok
cc: Torsten Slok
In October 2025, the trade deficit dropped steeply, hitting its lowest level since 2009.
January 8, 2026 at 2:31 PM
In October 2025, the trade deficit dropped steeply, hitting its lowest level since 2009.
Productivity growth rose to 4.9% in Q3.
January 8, 2026 at 2:20 PM
Productivity growth rose to 4.9% in Q3.
Job openings dropped to 7.1M in November, undershooting expectations.
January 7, 2026 at 3:07 PM
Job openings dropped to 7.1M in November, undershooting expectations.
In 2025, AI became pervasive in American life and the economy, with ChatGPT surging in adoption much faster than any other major technology in memory. @nytopinion.nytimes.com
December 29, 2025 at 8:56 PM
In 2025, AI became pervasive in American life and the economy, with ChatGPT surging in adoption much faster than any other major technology in memory. @nytopinion.nytimes.com
Donald Trump’s year-in approval rating is lower than that of any president in the last 5 decades. It’s even lower than Biden’s approval rating when he left office.
@nytopinion.nytimes.com
@nytopinion.nytimes.com
December 29, 2025 at 8:55 PM
Donald Trump’s year-in approval rating is lower than that of any president in the last 5 decades. It’s even lower than Biden’s approval rating when he left office.
@nytopinion.nytimes.com
@nytopinion.nytimes.com
By historical standards, 2025’s economy was tepid but not terrible. But according to consumer sentiment numbers, Americans felt that this year’s economy was among the worst ever. @nytopinion.nytimes.com
December 29, 2025 at 8:54 PM
By historical standards, 2025’s economy was tepid but not terrible. But according to consumer sentiment numbers, Americans felt that this year’s economy was among the worst ever. @nytopinion.nytimes.com
Inflation stuck around in 2025, with price increases remaining above projections made at the end of 2024. @nytopinion.nytimes.com
December 29, 2025 at 6:31 PM
Inflation stuck around in 2025, with price increases remaining above projections made at the end of 2024. @nytopinion.nytimes.com
In 2025, Americans worried about a tightening labor market, seeing higher unemployment and fewer jobs. @nytopinion.nytimes.com
December 29, 2025 at 6:30 PM
In 2025, Americans worried about a tightening labor market, seeing higher unemployment and fewer jobs. @nytopinion.nytimes.com
Donald Trump has yet to deliver on his economic promises, but he certainly took action on immigration — border encounters are at their lowest level in decades. @nytopinion.nytimes.com
December 29, 2025 at 6:29 PM
Donald Trump has yet to deliver on his economic promises, but he certainly took action on immigration — border encounters are at their lowest level in decades. @nytopinion.nytimes.com
Donald Trump’s trade war sought to overturn decades of globalization, raising tariff rates to their highest level in 90 years. @nytopinion.nytimes.com
December 29, 2025 at 4:52 PM
Donald Trump’s trade war sought to overturn decades of globalization, raising tariff rates to their highest level in 90 years. @nytopinion.nytimes.com
Trump’s ‘One Big Beautiful Bill’ passed this year will add record amounts to the national debt while enacting regressive tax cuts and pushing millions off of Medicaid. @nytopinion.nytimes.com
December 29, 2025 at 4:49 PM
Trump’s ‘One Big Beautiful Bill’ passed this year will add record amounts to the national debt while enacting regressive tax cuts and pushing millions off of Medicaid. @nytopinion.nytimes.com
In 2025, Donald Trump pushed the boundaries of the presidency, and at times, the law. Over 300 lawsuits were filed against the administration’s actions. @nytopinion.nytimes.com
December 29, 2025 at 4:48 PM
In 2025, Donald Trump pushed the boundaries of the presidency, and at times, the law. Over 300 lawsuits were filed against the administration’s actions. @nytopinion.nytimes.com
2025 was a year of presidential action and congressional inaction — Trump broke records for executive orders, while Congress saw the longest government shutdown in history. @nytopinion.nytimes.com
December 29, 2025 at 4:48 PM
2025 was a year of presidential action and congressional inaction — Trump broke records for executive orders, while Congress saw the longest government shutdown in history. @nytopinion.nytimes.com