Something dangerous is happening to the U.S. economy, and it’s not inflation or trade wars. Chaotic deregulation and the selective enforcement of laws have upended markets and investor confidence. At one point, the threat of tariffs and resulting chaos evaporated US$4 trillion in value in the U.S. stock market. This approach isn’t helping the economy, and there are troubling signs it will hurt both the U.S. and the global economy in the short and long term.

WASHINGTON (AP) — As Republicans in Congress rushed forward with a massive tax and spending cut bill, a North Carolina renewable energy executive wrote to his 190 employees with a warning: Deep cuts to clean energy tax credits were going to hurt.

Nebraska U.S. Rep. Don Bacon, R-Neb., is the current owner of an IOU worth millions of dollars. The chit is the result of his vote for the small-minded, unattractive and unpopular bill working its way through Congress, part of which will cut funding for Nebraska Public Media (NPM).