As 2018 draws to a close, there is growing concern about what the next year will bring for the American economy. President Trump's twin self-inflicted wounds of an ongoing trade war with China and a needless government shutdown helped send stock markets into a December panic. The expanding global economy, too, shows signs of a […]
Month: December 2018
In the future, historians and political scientists will speak of the "Ryan Gap." That moniker will be used to measure the yawning chasm between the shining image a politician manufactures for him or herself and the brutal truth of their failed ideas and meager accomplishments. Of course, the inspiration for that damning delta between perception […]
And now for today's thought exercise. Imagine you are a member of Congress. Recent assessments from the nonpartisan Congressional Budget Office (CBO) warn that the budget deficit for fiscal year 2018, which ended on Sept. 30, jumped to $779 billion and annual trillion-dollar shortfalls will return beginning in FY 2020. But then you learn of […]
The passing of President George H.W. Bush this week presented Americans with an opportunity to reflect on a life lived in service to the United States. A child of privilege, at age 18 Bush nevertheless volunteered for the military after Pearl Harbor. A bomber pilot who survived after his plane was shot down, Bush would […]