Breakingviews

Viewsroom: Wells Fargo stagecoach hits a ditch

September 16, 2016

The bank that steered clear of the financial crisis breaks down after creating 2 mln fake accounts. New evidence undermines Donald Trump's claims few benefit from the U.S. economic recovery. And why Hanjin's corporate capsize may prompt attempts to fix to shipping-industry woes.

Trump’s economic plan built on typical hyperbole

September 15, 2016

The Republican White House nominee says his proposals to cut taxes and red tape would boost output growth to 3.5 pct a year and create 25 million jobs over a decade. The huge potential cost of Trump's plans only shrinks thanks to heroic assumptions about their likely benefits.

Mylan injects adrenaline into healthcare debate

August 25, 2016

The EpiPen maker bowed to political pressure by offering discounts for its allergy treatment. The complex and opaque U.S. healthcare system may encourage high prices, but also doesn't force the likes of Mylan to jack them up. This episode does more to expose flaws than fix them.

Team Trump: six degrees of legal separation

August 9, 2016

Many of the rich businessmen and investors advising the GOP nominee on economic policy also are linked to his past lawsuits. Most of the cases were settled or dismissed. There's a "Team of Rivals" element to the group, but it mostly exposes Trump's litigious and mercurial nature.

Cox: Why Brexit would be a boon for Donald Trump

By Rob Cox
May 10, 2016

It’s June 24 and Britain has just voted to leave the EU. The Republican presidential candidate congratulates pro-leave UK politician Boris Johnson on a huge victory - and then calls for a U.S. referendum on TPP and NAFTA. Breakingviews obtained an early copy of Trump’s speech.

Trump’s Muslim tirade fails basic capitalist test

December 9, 2015

The GOP candidate’s call to ban Muslim visitors ignores the openness on which the system that made him rich relies. U.S. deficits, banks and property have all benefitted from Arab money. Closing doors to people could do the same to capital, which a president can ill afford.

Icahn takes $150 mln of activism to political realm

October 22, 2015

The investor wants to help U.S. companies bring back $2 trln of overseas cash in return for a reduced tax that will fund infrastructure. A massive so-called super PAC will back like-minded candidates in 2016 elections. The idea makes sense, but a longer-term fix would be better.

The Bernie Sanders budget math

October 13, 2015

Breakingviews estimated that the socialist U.S. presidential wannabe would spend $8 trln more over 10 years than his tax proposals would bring in. Readers questioned our figures. As with rival analyses, many assumptions are required. Some of them are laid out in more detail here.

President Bernie Sanders would dig an $8 trillion hole

October 12, 2015

The socialist U.S. candidate would shake up the economy with dramatically more government spending. But promises from free college tuition to a government health system would cost more than $12 trln over a decade – far short of additional revenue, like a Wall Street trading tax.

Rob Cox: Rick Perry is running for the wrong job

By Rob Cox
July 30, 2015

The presidential candidate and ex-governor of Texas is a proponent of laissez-faire markets. Yet he has joined a global chorus of politicos and watchdogs pushing policies to break up the big banks. If he’s serious, he’d make a better Wall Street regulator than White House boss.