Preserving American Values
Our nation stands under attack … not from without but from within. American values, our politics, and our culture have been corrupted.
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Category: The Economy
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It was no surprise that Donald Trump is clueless about what’s happening in the stock market, because the blame falls directly on him and he never accepts responsibility for anything. But recent reports in The Times (“Stocks Extend Their Slide,” December 24) indicate that Treasury Secretary Mnuchin is similarly clueless. Investor unease has nothing to do with the…
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As Trump has been selling his use of tariffs to punish those, especially China, who he feels, with some justification, do not play fair in the trading game, he makes two statements. First, he says that he is punishing them so that they will come around and give the U.S. a better trade deal. Second, he talks…
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As I’ve traveled this past year, spending time in a variety of places, I’ve discovered that Airbnb is having a very harmful impact on both the availability and affordability of housing stock in both cities and small towns. Yearly rents are going up because there are fewer apartments or houses available to rent, as owners…
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Despite all the laws and regulations that apply to corporations, which for the most part are designed to make corporations more responsive to the greater good, corporations have wreaked great harm on our environment, their workers, their customers, and the general public. Despite all the rules, capitalism still is able to do pretty much what…
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It’s lunch time and either your children are clamoring for McDonalds or you want a dependable fast meal. It used to be that McDonalds was a place to feed yourself and your family cheaply, getting some reasonable nutritional value although accompanied by too much sugar and carbs. Today I was on the Massachusetts Turnpike and went to…
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Recently, the Trump administration made it clear that the U.S. does not intend to live up to its commitment made in the Paris Agreement to slow climate change. As the second major source of climate change pollution (after China), this is significant. This retrenchment has been met with howls from environmental organizations and the international…
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Businessmen grouse about the burden of government regulations and paperwork. They don’t want “pesky” inspectors snooping around. The New York Times recently reported that small business owners are happy that Trump will free them from these burdens. Investors are clearly cheered by the prospect of lower corporate taxes and less regulation. But does this put the public at risk? …
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A recent article in The New Yorker, “Rage Against the Machine,” commenting on several recent books about the future of robotic automation, shows clearly the disaster – massive unemployment – that will be created by this technology in the next 10-20 years due to the unending desire of corporations to increase profits by reducing labor costs…
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The impact of trade agreements is becoming central to this year’s presidential campaign. A New York Times editorial “Rage Against Trade” (August 7) says that the rage is misplaced because although trade has cost some jobs through cheap imports, the main factor in the loss of factory jobs has been automation. While the point about…
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We live at a time where there is no greater challenge for America than forging a nation of greater economic justice and income equality. The existence of a large portion of the population struggling to keep their financial heads above water – who 40 years ago were solidly middle class and prospering – and another…
Preserving American Values 