Last week, the Food and Drug Administration announced that it is taking steps to allow the import of cheaper drugs from Canada and other countries. The goal is to enable U.S. citizens to attain [...]
Last week, Paul Volcker, one of our greatest Chairmen of the Federal Reserve, passed away. Volcker’s most notable accomplishment was his successful struggle to subdue inflation in the late 1970’s and early 1980’s. Volcker [...]
On Friday the Labor Department reported that the job market enjoyed excellent performance — nonfarm payrolls surged by 266,000 and unemployment fell to 3.5%, a 50-year low. Over the past year, almost 1.7 million [...]
According to the National Bureau of Economic Research, the United States has enjoyed its longest expansion. Starting in June 2009, our Gross Domestic Product has grown 25%. We now enjoy a 3.5% unemployment rate, [...]
The U.S. Gave Troubled Doctors a Second Chance, Patients Paid the Price By Christopher Weaver, Dan Frosch and Lisa Schwartz Today’s Wall Street Journal Highlighted a horrendous scandal. That is, the Indian Health Service [...]
Federal Reserve Chairman Jerome Powell, November 13, 2019 In testimony before the House Committee on the Budget, Federal Reserve Chairman Powell expressed strong reservations about the U.S. federal debt. He worried that policymakers will [...]
The Royal Swedish Academy of Sciences awarded the 2019 Nobel Prize in economics to Abhijit Banerjee, Esther Duflo, and Michael Kremer for their investigational work in fighting global poverty. The academy noted that the trio [...]
Over the past few days, I have read a number of articles and heard from a bi-partisan group of leaders regarding America’s abandonment of the Kurds in Syria. Stated differently, the Kurds in Syria, [...]
Recently, most major indicators have turned negative. As a consequence, the global-growth slowdown has frightened investors. In recognition of this malaise, the stock market has been flat for the past 12 months. To ward [...]
Dr. William Kaelin (Harvard University); Sir Peter Ratcliffe (Professor at Oxford and Director of Clinical Research at Francis Crick Institute in London); and Gregg Semenza (Professor of Medicine at John Hopkins University) won the [...]
In anticipation of the 2020 elections, candidates have made campaign promises to make our country better. The high costs of a college education, medical treatment, improving our environment, housing, etc. are just some of [...]
The death of legendary journalist and political commentator Cokie Roberts from breast cancer poignantly reminds us that cancer can strike all of us. Her first bout was in 2002. Since then she worked hard [...]
Over the past few days I have spent too much time following the controversy associated with President Trump’s telephone call with the newly elected Ukrainian President, Zelensky on July 25th. According to a leak from [...]
Today’s Wall Street Journal highlighted that our two political parties now represent two different economies. Indeed, there has been a total flip-flop since my youth. I can remember when it was said that college [...]
“We do not want to be servants to the Chinese.” — President Trump Tweet, Sept. 1 Last Tuesday, the Institute for Supply Management (ISM) released data that showed U.S. manufacturing sector declined for the [...]
‘Major decision for the open internet,” — Orin Kerr, law professor at the University of California at Berkeley On September 9, in a 3-0 decision, the U.S. Court of Appeals let stand an August [...]
Until the 2016 Trump election, most of us thought that polling techniques had improved so much that we could confidently predict presidential outcomes. We assumed that Harry Truman’s surprise victory over Thomas Dewey was not [...]
The federal government budget deficit is fiscally irresponsible. For the second year in a row, the shortfall will exceed $1 trillion. The current generation of political leaders is now oblivious to fiscal constraint. The [...]
There is widespread expectation that Mario Draghi, president of the European Central Bank, will initiate a fresh round of monetary stimulus. His actions would reflect growing concern that the trade conflict between the United [...]
The economist has pointed out that pro-life groups have not only engaged in restricting abortion clinics, but also have prevented reasonable access to health clinics that provide a full range of birth- control methods. Some [...]
By Lee Rainie and Andrew Perrin Survey of 10,618 adults conducted November 17-Dec 10 2018 Pew Research Center Report: Many Americans see declining levels of trust in the country, whether it is their confidence [...]
As a person who is passionate about the importance of learning history as a necessary framework for making current decisions, I am deeply troubled my simplistic, arbitrary portrayals of our past. My concern is that [...]
The Biggest Threat to America is Us --Based on Thomas Friedman Editorial Thomas Friedman recently wrote an editorial in the New York Times that provided a sobering assessment of the challenges facing America. Friedman pointed [...]
By David Kirkpatrick and David Singer NY Times Summary (Both David Kirkpatrick and David Singer are well respected journalists) In today’s New York Times, the article highlighted that Iran will breach the limits on uranium [...]
I hope that Nike receives overwhelming criticism for their “Yanking a U-S-A- themed sneaker featuring an early American flag after Colin Kaepernick told Nike that the shoes were offensive because they were a symbol of [...]
Pfizer will purchase Array BioPharma for $10.4 billion. It hopes to expand its cancer portfolio with targeted therapies. This acquisition underscores the importance of cancer drugs to the pharmaceutical industry. Because cancer drugs have saved [...]
For decades I have enjoyed watching Mark Shields and David Brooks discuss important issues on the Public News Hour. Last night was especially illuminating. The conversation began with both Mark Shields and David Brooks defending [...]
The observance of the 75th anniversary of D-Day has deservedly caused universal celebration. Winston Churchill articulated the importance of defeating Hitler. It prevented us from “sinking into the abyss of a new Dark Age.” [...]
Ernie Pyle was beloved by readers and service members alike for his coverage of the war through the eyes of infantrymen on the front lines In this week’s New York Times Magazine, the article was [...]
The past few days have at one level been exhilarating. For Western leaders to celebrate the success of the greatest seaborne invasion in history is memorable in it self. Moreover, while only 4% of the [...]
Jair Bolsonaro, the president of Brazil, will not defeat crime in Brazil by tolerating militias The economists highlighted Brazil’s plagues: economic stagnation, corruption, and sickening violence. In brief, terrorists, not the civilian government, rule [...]
President Trump’s surprising announcement that starting June 10 America will impose a 5% tariff on imports from Mexico has heightened tensions not only on our Southern border but also caused global turbulence. Since taking [...]
Over the past few years, there have been major attempts to recast our image of the American Civil War. I am supportive of many of these efforts. Specifically, rather than focus on Civil War Battles, [...]
A Gallop poll last summer found that by a small margin millennials prefer socialism over capitalism. Because millennials have economic challenges attaining middle-class perks, they support populist candidates who promise universal health care and [...]
According to the Centers for Disease Control and Prevention, the U.S. birthrate fell in 2018 to 3,788,235 births. We have not witnessed such a low number since 1986. The U.S. fertility rate is now [...]
The Wall Street Journal reported that our government is using Big Data, a revolutionary methodology to accumulate information about our economy in order to track our results and report their findings. Big data is [...]
