I saw tonight a documentary, Into the Arms of Strangers. It focuses on the lives of 10,000 primarily Jewish children from Nazi Germany, Austria, Czechoslovakia, and the Free City of Danzig who found refuge [...]
Last Friday’s job report highlighted that the labor market recovery has slowed. The U.S. added just 245,000 jobs in November. This increase is far below the rebounds in May and June when business payrolls increased [...]
The Dow Jones Industrial Index surpassed a major milestone this past Tuesday. For the first time, it crossed 30,000. This very popular price-weighted index follows United States blue chips – companies that are leaders [...]
COVID-19 has caused monumental disruptions across the globe. This past week, the federal Centers for Disease Control urged Americans not to travel for Thanksgiving, traditionally the busiest travel period of the year. The United States has [...]
Regional Comprehensive Economic Partnership (RCEP) should be signed over the next few days. It represents the most significant trade agreement in modern history. Fifteen Asia-Pacific nations, including China, Japan, Australia and New Zealand, have [...]
Last Thursday, Federal Reserve Chairman Jerome Powell emphasized that the U.S. economy needs more fiscal and monetary policy support. He pledged that the Fed would take whatever actions are necessary to protect the economy [...]
The rapid escalation in the number of coronavirus victims has prompted policy makers in Europe and the United States to take or advocate corrective actions. On Saturday, the British prime minister introduced regulations that [...]
The International Monetary Fund reported that global public debt would rise to 100% of the world gross domestic product in 2020. On an unprecedented level, governments have made huge fiscal expenditures in response to the coronavirus [...]
The world has significantly changed its attitude toward fossil fuels since the Organization of Petroleum Exporting Countries imposed an embargo against the United States for its decision to resupply the Israeli military during the 1973 Arab-Israeli [...]
Ernest Pyle was the best-known, most beloved correspondent during World War II. My mother who was a journalist named me after him. She and Ernie were working journalists in Chicago in the 1930’s. Like [...]
Pew Research reported that in all 50 states, the share of non-Hispanic whites declined between 2000 and 2018 with 10 states experiencing double-digit drops in the share of White eligible voters. Nevada, California, Arizona, Florida [...]
Economists now anticipate that our economy will only slowly recover from the coronavirus pandemic. Heartbreakingly, there is mounting evidence that COVID-19 has inflicted a loss of millions of jobs forever. The labor market has recovered [...]
It would be fun to speculate why some of the truly great Americans are forgotten within one hundred years of their life. Jane Addams by any definition should be an icon that we pay homage [...]
The U.S. economy is grudgingly advancing. Economists now anticipate that our economic recovery will only slowly recover from the coronavirus pandemic. There is mounting evidence that the pandemic has cost a loss of inflicted [...]
In recognition of its environmental challenges, California has taken the most aggressive steps in the United States to control emissions both in the field of transportation and electric power generation. Being the world’s fifth-largest [...]
Last Wednesday Federal Reserve Chairman Jerome Powell emphasized the need to keep interest rates near zero at least through 2023. He said, “We believe that achieving inflation that averages 2% over time helps ensure that longer term inflation expectations remain [...]
Hundreds (sadly not thousands) of French Jews and their supporters in Paris called for justice for murdered Jewish woman, Sarah Hallimi, a retired physician and schoolteacher. In an astonishing decision, the court of appeal [...]
Official numbers prove what we feel in our bones – the U.S. economy has hit the proverbial glass ceiling. On Thursday, the Labor Department reported that U.S. unemployment claims held steady at 884,000. This represents [...]
Introduction For those of us who remain fascinated by World War II, an area of discussion is France. We ask ourselves how such a great nation could have accepted defeat only some 31 days after [...]
Last Thursday, Federal Reserve Chairman Jerome Powell’s comments helped bolster stock prices. Powell replaced the bank’s existing target for inflation of 2%. Instead, they would accept an average of 2%, and therefore allow price increases above [...]
The confusion about the status of the American economy and prescriptions to fix it has merit. The United States is in a recession, but this downturn is unlike any our country has ever witnessed. There [...]
“To take a child from its mother seemed to be the lowest thing a human being could do,” one journal entry went, describing the moment when the Krauses met with parents in Austria. “Yet it [...]
In 1964 Bob Dylan wrote a song “The Times Are a Changin.” It was an anthem for frustrated youth and summed up the anti-establishment feelings of people who wanted America to embrace Civil Rights legislation. [...]
In May 1868, the Senate came within a single vote of taking the unprecedented step of removing a president from office. Although the impeachment trial of Andrew Johnson was ostensible about a violation of [...]
I only recently learned of this bizarre turn of events: The English Department at Rutgers University recently announced a list of “anti-racist” directives and initiatives for the upcoming fall and spring semesters, including an effort [...]
The Commerce Department last week reported the steepest-ever decline in the U.S. gross domestic product. The value of goods and services fell at an annual 32.9% in the second quarter, wiping out nearly five years [...]
The Captive Mind and America’s Resegregation, Wall Street Journal by Andrew Micha, Dean of College of international and Security Studies at George Marshall European Center for Security Studies in Germany Introduction All Americans have been [...]
A study by EY-Parthenon, a consultant to the education industry, indicated that some 800 of America’s 2,000 colleges could close. Twenty percent of colleges run deficits because of inadequate endowments, less than optimal enrollment and/or [...]
Introduction An editorial in today’s Wall Street Journal described their response too the violence and vandalism that impact many urban areas this weekend. Despite extensive newspaper and television coverage, I remain in a quandary whether [...]
The National Association of Realtors reported that sales of previously owned homes rose 20.7% in June over May. This is the biggest increase on record going back to 1968. The surge in existing-home sales follows [...]
The Time Life Building Only Has 500 workers showing up in comparison to Pre-Pandemic 8,000 The Rockefeller Center Ecosystem of Restaurants and Shops, created to serve Midtown workers and tourists, has gone dark Introduction: [...]
A recent wave of violent crime has roiled the city of Atlanta, amplifying tensions in a community still reeling from the coronavirus pandemic and a debate over policing and race. Atlanta’s problems highlight the [...]
In June, retail sales increased by 7.5%. Retail sales account for about a quarter of all consumer spending. The reopening of malls, restaurants, and other service industry positions allowed millions of people to return to [...]
By Jonathon Kaufman Introduction I have always wanted to know about the people who facilitated the immigration of 18,000 European Jews (many of them penniless) in the late 1930’s and early 1940’s to Shanghai, saving them [...]
Introduction Since the killing of George Floyd, our nation has been focused on race. Television commentators and newspaper editorials have highlighted the issue. In helping me formulate my thoughts, I have been particularly impressed by [...]
On Wednesday, United Airlines said that it is expecting to lay off close to 50% of its U.S. domestic workforce. United is not alone. American Airlines may have to cut 20,000 jobs, and Delta has [...]
