US GDP Down – Where Is The Consumer? Millions of Americans earn too little. There is only so much they caan buy on credit WASHINGTON – Was the low US 0.7 % GDP growth figure for the last quarter of 2015 just a...
US Economy and Public Finances Deteriorating – Candidates Talk About Something Else The economic foundations are fragile, while the deficit will start growing again. No plan to change any of this WASHINGTON – While we wait with trepidation for the outcome of the Iowa caucuses that will finally begin to...
No More Startups In America The real problem is fewer and fewer new enterprises WASHINGTON – President Obama confidently declared to the Nation in his last State of the Union Address that the...
Fight Inequality With Improved Public Education No, it is not. The challenge is how to respond to globalization and technological progress WASHINGTON – In the course of a popular national radio show, an important journalist declared that “the Big Issue”...
US Economy Slowing Down Stock prices still very high while the US economy is slowing amidts a deteriorating global economy WASHINGTON – The US stock market, while not doing great, is still up. And yet the US economic outlook...
You Cannot Kick Start Innovation GE just announced that it will hold seminars in the UAE aimed at fostering a culture of innovation. It will not work WASHINGTON – The Emirates News Agency a year ago announced a partnership between the UAE Ministry of Economy and General...
If The US Enters A Recession, Clinton In A Tough Spot The most recent GDP numbers indicate a slow down. And the economy may get worse in 2016 WASHINGTON – Democratic presidential candidate Hillary Clinton just declared that the Obama administration deserves an “A” when it comes...
The Republicans Are Immature And Hopelessly Divided Leading the House Republicans looks like Mission Impossible for Paul Ryan. Meanwhile, Donald Trump leads in the polls WASHINGTON – I really like Paul Ryan; but I am skeptical about his ability to bring order, cohesion and...
David Stockman: We Are Losing Manufacturing Jobs Higher employment is due mostly to growth in the services sectors, mostly health care and the food industry WASHINGTON – In his Contra Corner blog David Stockman (Budget Director under Ronald Reagan) has been warning us that...
America Losing Its Small Companies No credit, high taxes and too much regulation are stifling the engine of US economic growth WASHINGTON – Dozens of analysts tell TV viewers that, whatever may be happening in China, things look good in...