The Democratic Presidential debate reinforced my previous concerns that these forums are not productive in helping our citizenry make informed decision about the most qualified candidates for our highest office. Since the 1960 debate [...]
A January poll by the Pew Research Center found that while 62 percent of Americans believe there is too much income inequality, only 40% believe that reducing it should rank as a top priority. [...]
On Thursday, Google-parent Alphabet became the fourth U.S. firm to achieve a market value of more than $1 trillion. Alphabet joins Apple, Amazon and Microsoft as the only American companies to have attained this [...]
“Education is what survives when what has been learned has been forgotten.” — B.F. Skinner In the latest job report, women held more jobs than men. The development reflects, in all likelihood, the future [...]
As one would expect, stock market junkies like myself think about our prospects for 2020. After enjoying stellar returns in 2019, some analysts (not me) worry that the United States could suffer from falling [...]
Former Senator Joe Lieberman wrote an editorial today that I largely agree with. I would like to share at least part of it and then contribute my own comments. “The president’s decision was bold and [...]
Held Together by Prayers and Duct Tape University Hospital of Brooklyn Lays Bare Disparity in Health System By Michael Schwirtz Today’s New York Times described in detail the deplorable conditions of a Brooklyn Hospital. [...]
Happy days are here again The skies above are clear again So let’s sing a song of cheer again Happy days are here again All of the major indexes have performed remarkably well in [...]
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 [...]
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 [...]
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.” [...]
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 [...]
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 [...]
Trustees of Social Security have recently reported that its costs will exceed its income in 2020. This shortfall will force the program to dip into its nearly $3 trillion trust fund to cover benefits. [...]
Is the world in danger of drowning in debt? The International Monetary Fund this month issued a report highlighting its concerns about worldwide debt, which it said totals some $152 trillion. “The period of [...]
