The Debt Ceiling Clash Is Political Theatre
by Paolo von Schirach — WASHINGTON — On the surface, it looks like a spirited fight over matters of...
Tag: US Budget
America Needs To Invest $ 3.6 Trillion To Fix Its Crumbling Infrastructure Because of political gridlock and a punitive tax system the US is doing too little to upgrade old highways, ports and airports
WASHINGTON – A prominent victim of the policy paralysis caused by Washington’s toxic political climate is America’s basic infrastructure. For the Republicans,...
Is Wall Street Going To Crash? Are sharply lower stock prices just a "healthy correction"? Or is this the beginning of a serious downturn?
WASHINGTON – If you believe that US stocks are priced fairly, then the current sharp dip experienced by Wall...
Clinton Is Reinventing Herself As A Hawk – Yet America Is Broke Whatever politicians may say about a more muscular foreign policy, the reality is that there is no money to fund it
WASHINGTON – Hillary Clinton is doing her best to distance herself from the hesitant and timid foreign policy pursued by...
Elon Musk’s SpaceX About To Expand With Major Texas Launch Facility Tesla's founder is planning to construct a large pad for his rockets in Brownsville
WASHINGTON – Until not too long ago any American project that had to do with space exploration had to...
Only 63.2% Of Americans In the Work Force, Lowest Figure Since 1978 – Fed Policies Cannot Change This Trend Due to automation, we have manufacturing growth without adding jobs. Most new opening are in sectors requiring low skills
By Paolo von Schirach Related story: https://schirachreport.com/index.php/2013/09/02/disruptive-technologies-like-3-d-printing-will-kill-millions-of-jobs-can-we-adjust-to-this-new-era/ September 8, 2013 WASHINGTON – Lacking any significant public policy initiative focusing on...
On Syria, Timid West Offers Embarrassing Spectacle Obama may "do something" in the end. But it is clear that there is no determination. A political way out?
By Paolo von Schirach Related story: https://schirachreport.com/index.php/2013/08/27/america-will-act-in-syria-but-do-not-expect-much/ August 29, 2013 WASHINGTON – I recently argued that America is in no mood...
America Will Act In Syria – But Do Not Expect Much The Us has neither the money nor the stomach to get involved in another conflict in another Muslim country
By Paolo von Schirach August 27, 2013 WASHINGTON – Sadly, the strong words of moral outrage uttered by Secretary of...
Obamacare Will Not Improve America’s Deeply Flawed Health Care System The new law is mostly about extending health insurance. It does not address the built-in incentives to over prescribe, nor does it create credible "wellness education" programs
By Paolo von Schirach August 25, 2013 WASHINGTON – The real problem with soon to be implemented Obamacare is that, contrary to...
Bernanke Says “Highly Accomodative Policies” Still Needed, And Markets Shoot Up It is bad when Central Bankers, rather than economic fundamentals, move markets. We end up with fake valuations
By Paolo von Schirach July 11, 2013 WASHINGTON – No, America, the Fed is not going to remove the...