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Linked Articles
Donald Trump is causing change in the Democratic Party too
The Economist 07/20/2018
America’s Factory Towns, Once Solidly Blue, Are Now a GOP HavenWSJ 07/19/2018
Linked Articles
Washington Post 08/26/2017
Have Smartphones Destroyed a Generation?The Atlantic 11/29/2017
Linked Articles
On the Open Road, Signs of a Changing Cuba
New York Times 01/06/2015
My Strange Trip Through Iran’s Heartland05/19/2017
Linked Articles
Will the Trump Era Bring Higher Interest Rates? Don’t Count On It
The New York Times 12/14/2016
A Trump Economic Boom? The Fed May Stand in the WayThe New York Times 12/13/2016
Developing and developed countries alike have seen the cost of the Olympics as a huge burden. Many countries or cities that committed to hosting the Olympic games during boom years were facing economic hard times by the time of the games. Corruption and mismanagement of public funds, overspending and cost overruns added to the problems. Citizens uproar caused cities such as Boston and Oslo to withdraw bids for the Olympics. The Olympics appears to be a costly way to show off a country, and raises questions about better allocation of funds in other directions, especially when upward mobility is a problem for the middle and working class, countries have other infrastructure needs, and neglected basic needs in education, healthcare, public services.
Linked Articles
The 40-year hangover: how the 1976 Olympics nearly broke Montreal
The Guardian 07/06/2016
Rio Games Highlight Problems With the Olympic ModelThe New York Times 08/23/2016
By damaging the international trading system including with allies such a Canada, Britain, France and Germany, the result of a downward spiral through higher tariffs in other countries, could end up costing the U.S. 1 million jobs. Under such a system the U.S. would lose many of the advantages of its booming tech sector, its tech driven global advantages in many industries, without signifcant gains in low cost imports such as clothing which would simply migrate to other countries such as India. The problem of worker wage stagnation in the U.S., and loss of jobs in certain sectors, is very real, but this is the wrong way to tackle the problem. China is already moving towards a consumer driven economy. Economists show that trade with Mexico would be seriously hurt both ways, creating more pressure of migrants at the border under such proposals as a 45% tariff and its indirect effect on Mexico, when the actual fact is that net migration from Mexico is the lowest it has ben in decades. Politics can do strange things as when two senators Smoot and Hawley from agricultural states Utah and Oregon, at the head of important committees in the U.S. Congress pushed and passed legislation for a 60% tariff in 1930 for the industrial sector they had no idea about. When Smoot and Hawley lost reelection in 1932 they left behind a lot of damage, especially for the farmers and workers they thought they were fighting for.
Linked Articles
How Trump’s Hard Line on Trade Could Backfire
Wall Street Journal 03/25/2016
Can Trump Start a Trade War?Wall Street Journal 03/08/2016
Increasing skepticism about the deal's provisions shown in Pew Research Center polls taken in July and Sept 2015.
Linked Articles
Senate Democrats vs. voters on Iran [Updated] - The Washington Post
Washington Post 09/09/2015
Dick Cheney tries to fool the public again - The Washington PostWashington Post 09/09/2015
Linked Articles
China’s economy is in big trouble. But it is not collapsing. - The Washington Post
Washington Post 08/25/2015
U.S. stocks rebound after punishing day, but China’s market slides again - The Washington PostWashington Post 08/25/2015
Linked Articles
Greece’s Creditors Make Some Concessions as Showdown Approaches
Wall Street Journal 06/03/2015
My big fat Greek divorceEconomist 06/20/2015
Linked Articles
Why This Old Bull Market May Not Be Ready to Die
Wall Street Journal 04/26/2015
The New Nasdaq Record, Set By a New NasdaqWall Street Journal 04/24/2015
Linked Articles
Amit Singh of Google for Work: A Respectful Clash of Ideas
New York Times 01/22/2016
Silicon Valley Star SearchWall Street Journal 04/07/2015
A major miscalculation was totally misjudging Merkel and post-war German public opinion about policies that remind people about the period between the two World Wars- this is anathema to Germans who see the European Union as a way to build a new and different Europe. The other miscalculation was on how a foreign adventurous policy in Syria would affect Sunni world opinion, in particular Saudi Arabia. Just as Brezhnev took Russia into Afghanistan where Russia had no vital interest leading to eventual Soviet collapse, Putin risked alienating a key member in OPEC pricing moves and hurting Russia's economic interest. By not listening to Kudrin, the head of Sberbank, and other economic advisers from the first and second terms of the Putin-Medvedev administrations, Putin opened the door to two years of serious missteps, risking the very real accomplishments of the first and second term of creating a stable growing Russian economy with close economic ties to Europe. The only positive outcome of the crisis and low oil prices would be making the shift away from oil dependence, which was talked about but never seriously attempted in the Putin administrations. For this to happen major new investments would have to be made and technology links to the outside strengthened, both hammered by the missteps in 2013-2014. The irony of all this is that Putin gained the support of rural Russians in the countryside in the 2012 presidential elections by promising no return to the economic crisis conditions following earlier ruble collapses. Now by ignoring Kudrin and other wiser counsel from the first and second administrations he does just that.
Linked Articles
Putin’s Year of Defiance and Miscalculation
Wall Street Journal 12/18/2014
Russian President Vladimir Putin Seeks to Reassure on EconomyWall Street Journal 12/18/2014
With total debt to GDP of 250%, (and 100% of this since 2008), according to the Economist, the risks to China's financial system continue to grow.
Linked Articles
Economist 10/17/2014
Chinese debt: The great hole of ChinaEconomist 10/17/2014
Linked Articles
Opinion | The Decline of Anti-Trumpism
The New York Times 01/09/2018
Opinion | The Worst and the DumbestThe New York Times 01/08/2018
Linked Articles
Analyst: 'We need an entirely new North Korea strategy' | Asia | DW.COM | 09.09.2016
DW.COM 09/09/2016
Five Blunt Truths About the North Korea Crisis07/05/2017
Linked Articles
After the attack: Tangle of bureaucracy, not failure of government | Germany | DW.COM | 22.12.2016
DW.COM 12/22/2016
Opinion: Germany's security services deserve more credit | Germany | DW.COM | 22.12.2016DW.COM 12/22/2016
Linked Articles
The New York Times 11/07/2016
Democracy’s Majesty and 2016’s IndignityWSJ 11/03/2016
How Cameron, Osborne, Gove and Johnson, a few Oxford educated politicians put their narrow interests and party politics ahead of the interests of Britain and the interests of the European Union.
Linked Articles
British Politics Gives a Sense of Government by Old School Chums
The New York Times 07/07/2016
Theresa May, Long in Public Eye, Finds Herself Focus of Conservative RaceThe New York Times 07/05/2016
Linked Articles
How Argentina Settled a Billion-Dollar Debt Dispute With Hedge Funds
New York Times 04/25/2016
After 15 Years, a Bond Trade Now Pays OffWall Street Journal 03/03/2016
Linked Articles
Auto-Parts Dispute Taps the Brakes on Pacific Trade Deal
Wall Street Journal 09/04/2015
The new rustbeltEconomist 08/29/2015
Linked Articles
Labor’s Might Seen in Failure of Trade Deal as Unions Allied to Thwart It
New York Times 06/13/2015
Pacific Trade Deal Likely to Have Narrow ReachWall Street Journal 08/01/2015
Linked Articles
Obama Presses Case for Asia Trade Deal, Warns Failure Would Benefit China
Wall Street Journal 04/27/2015
Trade and TrustNew York Times 05/22/2015
Linked Articles
McConnell warns that trade deal can’t pass Congress before 2016 elections - The Washington Post
Washington Post 12/11/2015
Lawmakers Introduce ‘Fast Track’ Trade Bill, Triggering Democratic DiscordWall Street Journal 04/17/2015
Australia's minimum wage is 54% of the median wage, compared to 38% for the U.S., according to the OECD. Australia's wage setting body sets the minimum wage for workers over 20 years of age, and takes into account the median wage in the interest of fairness. Workers with families to support need the Australian minimum wage of 16.87 Australian dollars ($13 U.S.). All of this money goes into consumer spending providing an immediate boost to the economy.
Linked Articles
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
States’ Minimum Wages Rise, Helping Millions of WorkersNew York Times 12/31/2014
Linked Articles
Saudi Arabia Sees Oil Prices Stabilizing Around $60 a Barrel
Wall Street Journal 12/04/2014
Free Fall in Oil Price Underscores Shift Away From OPECNew York Times 11/28/2014
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