Patricia Cohen
@patcohen.bsky.social
61 followers 84 following 25 posts
Global Economics Correspondent for the New York Times and based in London.
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Reposted by Patricia Cohen
sarahoconnorft.ft.com
Yellen not at all pulling her punches in this op-ed for the FT www.ft.com/content/d2ea...
Reposted by Patricia Cohen
carlzimmer.com
Two key documents from the Trump administration aimed at revoking the long-standing finding that climate change is dangerous were filled with errors, bias and distortions, according to dozens of scientists surveyed by The Associated Press. apnews.com/article/clim...
Scientists give harsh grades to Trump administration work aimed at undoing a key climate finding
Scientists are criticizing two key documents from the Trump administration that challenge the idea that climate change endangers the public.
apnews.com
Reposted by Patricia Cohen
arindube.bsky.social
This action by Lisa Cook is courageous, principled, and deserves broad support.
bencasselman.bsky.social
Just received this statement from Lisa Cook:
"President Trump purported to fire me 'for cause' when no cause exists under the law, and he has no authority to do so. I will not resign. I will continue to carry out my duties to help the American economy as I have been doing since 2022."
bencasselman.bsky.social
President Trump said he is firing Lisa Cook, a Federal Reserve governor, "effective immediately." It's his most direct assault yet on Fed independence -- and a step that it is far from clear he can legally take.
www.nytimes.com/2025/08/25/u... #EconSky
Reposted by Patricia Cohen
dmsilverman.bsky.social
Now they're just saying the quiet part out loud. *Are America's journalists going to pay attention?*

This is being openly touted by MAGAworld as a mechanism to target the opposition (as we all know). A way to punish, smear, and deter opponents. Mask off

Maybe the media shouldn't be dupes about it?
pkrugman.bsky.social
And a friend sends me this, from a prominent crypto bro 2/
Reposted by Patricia Cohen
patcohen.bsky.social
Will bigger defense budgets will create meaningful, long-term economic growth or mostly pump up the stocks of weapons manufacturers? Here's what makes the difference. www.nytimes.com/2025/08/27/b...
Europe Is Spending Big on Defense. Will That Help Its Ailing Economy?
www.nytimes.com
Reposted by Patricia Cohen
owasow.bsky.social
Economist Amartya Sen won a Nobel in part for asking: Why did India avoid the mass famines that killed tens of millions in China? His answer: a free press. Journalists could expose suffering and shame governments into action. Silence and avoidance, by contrast, can be deadly.
Reposted by Patricia Cohen
crampell.bsky.social
Hassett went on TV and claimed you can’t trust the economic data anymore because all the recent revisions are partisan.
A bald-faced lie.
Every serious economist still in this administration should resign. They are actively underminding the US economy by lending their credibility to this horse****
White House economist calls for 'fresh set of eyes at the BLS' after weak jobs report | Fox Business Video
National Economic Council Director Kevin Hassett discusses the latest jobs report, the firing of the labor statistics chief and the consumer impact of tariffs on 'Fox News Sunday.'
www.foxbusiness.com
patcohen.bsky.social
Soviet era joke:
Yuri asks: Why hasn’t the plane taken off yet?
Dmitri says: an hour ago the pilot announced that they needed to replace a burned out engine before he could take off, but it’s OK now.
Yuri: in just one hour they were able to replace the engine?
Dmitri: No, they replaced the pilot!
patcohen.bsky.social
My latest on what China could do to relieve the debt crisis:
As Debt Piles Up, Countries See Fiscal Relief as Political Leverage www.nytimes.com/2025/07/01/b...
As Debt Piles Up, Countries See Fiscal Relief as Political Leverage
www.nytimes.com
patcohen.bsky.social
Is it a negotiating tactic, a credible threat or a howl of rage?Trump's threatened 50 percent tariff on the EU www.nytimes.com/2025/05/24/b...
Trump’s E.U. Tariff Threat Could Cause Economic Damage Beyond Europe
www.nytimes.com
Reposted by Patricia Cohen
financialtimes.com
Good morning New York. While you were sleeping, this was the most-read story www.ft.com/content/9019...
Wall Street sign with American flags near the New York Stock Exchange
Reposted by Patricia Cohen
nytimes.com
Attorney General Pam Bondi sold $1 million to $5 million worth of shares in President Trump’s media company last month on the same day that he announced expansive tariffs that led to a stock market rout, according to disclosure filings.
Bondi Sold Millions in Trump Media Stock the Day Trump Imposed Vast Tariffs
www.nytimes.com
Reposted by Patricia Cohen
dinonapolitano.bsky.social
By @patcohen.bsky.social

“Of 1,600 people who responded to a March poll in the journal Nature — many of them Ph.D. or postdoctoral students in the United States — three out of four said they were considering leaving the country because of the Trump administration’s policies.”
The World Is Wooing U.S. Researchers Shunned by Trump
www.nytimes.com
Reposted by Patricia Cohen
picardonhealth.bsky.social
The World -- Including Canada -- Is Wooing Shunned U.S. Researchers. As Trump guts American research institutions, world leaders see a “once-in-a-century brain gain opportunity,” by @patcohen.bsky.social www.nytimes.com/2025/05/14/b... via @nytimes.com
The World Is Wooing U.S. Researchers Shunned by Trump
www.nytimes.com
Reposted by Patricia Cohen
Reposted by Patricia Cohen
justinwolfers.bsky.social
No tariffs on semiconductors, smartphones and computers is so very yesterday. If we want to build the economy of the future, we'll have to apply new tariffs on those items in a month or so. Business demands predictability, and Lutnick is here to help you predict it.
Reposted by Patricia Cohen
ericlipton.nytimes.com
Trump delayed a Biden-era plan to restrict Medicare’s coverage of skin substitutes, which cost $10 billion in 2024. Trump had received a large campaign donation from a leading bandage seller and skewered the plan on social media.

By Sarah Kliff and Katie Thomas

www.nytimes.com/2025/04/10/h...
Medicare Bleeds Billions on Pricey Bandages, and Doctors Get a Cut
Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.
www.nytimes.com
Reposted by Patricia Cohen
carlquintanilla.bsky.social
I’m confused as to how the design and execution of this tariff policy wasn’t flawless. 🇺🇸