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Linked Articles
Populism, Far From Turned Back, May Be Just Getting Started
The New York Times 04/25/2017
After French Vote, Mainstream Europe Breathes a Sigh of ReliefThe New York Times 04/24/2017
Linked Articles
Brexit Presents Europe with Opportunity for Improvement - SPIEGEL ONLINE
SPIEGEL ONLINE 06/24/2016
Opinion: Brexit - a clean break and new start? | Opinion | DW.COM | 17.01.2017DW.COM 01/17/2017
Linked Articles
What happens next | ZEIT ONLINE
ZEIT ONLINE 08/30/2016
Merkel Accepts Responsibility for Party’s Losses in Berlin ElectionThe New York Times 09/19/2016
The stimulus action of the Bank of England in August 2016 was designed to avert a recession in Britain. The Bank of England estimates that even with the stimulus the Brexit move will lead to a 1% drop in economic growth every year for 3 years as compared to staying in the European Union. The British public is weary of the austerity programs for 7 years under finance minister Osborne. if higher growth under Brexit turns out to be an illusion as the Bank of England forecasts show, there would be reason for much reflection on the meaning of the vote- seeing it as a rejection of the Cameron-Osborne government in favor of a government more in tune with the interests of working class people under Theresa May.
Linked Articles
Wait and see: Theresa May is in no hurry on Brexit | Europe | DW.COM | 15.08.2016
DW.COM 08/15/2016
Bank of England unveils four-pronged stimulus package in bid to avoid Brexit recessionThe Telegraph 08/04/2016
The unemployment rate in Janesville, Wisconsin drops to 4.4% in May 2016, according to the Bureau of Labor Statistics. It was over 9% following the closing of the GM plant and the recession from the 2008 financial crisis. A working class town Janesville was hit hard by the closing of the GM plant in 2008. Amy Goldstein of the Washington Post describes the impact of losing about 5000 jobs at the GM plant, and the problems typical of most manufacturing dependent towns. Throughout the period since being first elected to Congress in 1998 Ryan has continued to be able to get elected on the basis of faith, family and public service, even though some of his policies may not have helped the poor and elderly or laid off workers. Ryan voted for rescuing the auto industry and worked hard to keep the GM plant, and listens to his constituents, and as the economy recovered by 2016 won easily in this old industrial midwestern town. His influence in national politics gives Janesville an opportunity to be heard, as it tackles problems common to many midwestern towns in the U.S.
Linked Articles
Could Paul Ryan’s ideas help his struggling home town? - The Washington Post
Washington Post 08/19/2012
Paul Ryan beats outsider 'mini-Donald Trump' challenger in Wisconsin primaryThe Guardian 08/10/2016
By offering "calm and composed" leadership during the Brexit crisis, and being flexible in dealing with genuine concerns about immigration in Germany, Merkel shows Europe a better way than fractious British, French or American politics during a critical period when good responsible leadership is missing.
Linked Articles
Poll: Brexit vote boosts support for EU in Germany | News | DW.COM | 08.07.2016
DW.COM 07/08/2016
Angela Merkel Is Motivated By Decency, Not PoliticsWall Street Journal 12/21/2015
Krugman discusses the U.S. May 2016 jobs report from the Labor Department. He says it will be harder to come up with a response to the political uncertainty in an election year, especially now that rates are near zero.
Linked Articles
Sharp Fall in U.S. Hiring Saps Chance of Fed Rate Increase in June
The New York Times 06/03/2016
A Pause That DistressesThe New York Times 06/06/2016
Linked Articles
Five myths about trade - The Washington Post
Washington Post 04/10/2016
How Trump’s Hard Line on Trade Could BackfireWall Street Journal 03/25/2016
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
Linked Articles
Economist 12/17/2015
The Bleak Reality Driving Trump’s RiseWall Street Journal 12/16/2015
Linked Articles
Why Russia is in Syria - The Washington Post
Washington Post 09/11/2015
Agents of Their Own DestinyWall Street Journal 09/25/2015
Linked Articles
Consumer Anxiety in China Undermines Government’s Economic Plans
New York Times 08/28/2015
Zombie Factories Stalk the Sputtering Chinese EconomyNew York Times 08/28/2015
The German chancellor will be remembered in history for the way she handled the Syrian refugee crisis in 2015, and for the courage to say, "if Europe fails on the question of refugees, its close connection with universal civil rights will be destroyed." Reports in the Guardian newspaper say Germany is likely to accept about 1 million refugees in 2015. Chancellor Merkel says about 800,000 refugees will be admitted in 2015. Contrast this with the UK reports the Guardian which has 166 refugees admitted to the UK, and reports in the WSJ that about 1500 refugees have been admitted to the U.S.. Merkel has taken on the challenge in a spirited way as Europe faces anti-immigrant sentiment and rallied German society in a way that is remarkable. The withdrawal of the Obama administration from the Middle East led to the collapse of the fragile situation in Libya, Iraq and Syria, and the unravelling of these countries, leading to the current refugee crisis with about half of the Syrian population dislocated and large parts of the population of Libya, Iraq, and Kurdish regions dislocated.
Linked Articles
U.S. Pressed to Take More Syrian Refugees
Wall Street Journal 09/05/2015
Why some German universities will educate refugees for free - The Washington PostWashington Post 08/20/2015
Linked Articles
The vote that could wreck the European Union
The Economist 05/12/2017
An unprecedented election, with unprecedented risksThe Economist 05/12/2017
Economic experts look at the Trump and Clinton economic plans, Trump's based on extreme borrowing and Clinton's careful about deficits. Trump's plan aggravates the wide disparities in income in America after the tech booms and Clinton's reduces these disparities. Clinton's preserves global trading system while addressing the problems, Trump's moves in the direction of protectionism and high tariffs with potential unintended consequences for the global economy.
Linked Articles
Donald Trump’s Economic Plan, Up Close, Doesn’t Add Up
WSJ 10/18/2016
Donald Trump’s Tax Plan Would Boost Economy in Short Run but Not Long Term, Analysis FindsWSJ 10/17/2016
By including a key member of the "Leave" vote, Mr Boris Johnson, former Mayor of London, in the cabinet as Foreign Secretary, Theresa May has given herself a lot more flexibility in tackling the Brexit issue so that it does not hurt the British economy. It would be hard for a key cabinet member not to be part of the team position on issues, and for the team to ignore the Bank of England's role in steadying the economy. By making the issues important to working class people in Britain her priorities Theresa May also lays the ground for everyone in Britain to gain moving forward as the economy recovers.
Linked Articles
Wait and see: Theresa May is in no hurry on Brexit | Europe | DW.COM | 15.08.2016
DW.COM 08/15/2016
Theresa May, New British Prime Minister, Gives Boris Johnson a Key PostThe New York Times 07/13/2016
Theresa May, Britain's prime minister, is deeply committed to the idea of the union of England with Scotland and Ireland. Invoking Article 50 of Lisbon Treaty, a step necessary for Brexit, would also lead to Scotland's ruling Scottish National Party to initiate plans for a second referendum for Scottish independence, as Scotland votd to remain in the European Union. The issue of Ireland and Northern Ireland's vote to remain in the EU would also lead to serious repercussions. In short it will be hard to separate the leave vote in England from the stay vote in Scotland and Ireland, as it will be difficult for most British people to imagine a England without a British identity. If the referendum had asked the second question "Do you still vote leave if this means the end of Britain or the United Kingdom?" the vote could have turned out differently for nationalist voters.
Linked Articles
Wait and see: Theresa May is in no hurry on Brexit | Europe | DW.COM | 15.08.2016
DW.COM 08/15/2016
No return to border controls in Northern Ireland, UK PM May says | News | DW.COM | 25.07.2016DW.COM 07/25/2016
Peggy Noonan gave a poignant, teary, and touching account of the changes in the Republican Party with the Trump movement. Such a massive rejection of the traditional party leaders is unprecedented. The "establishment" in both parties has lost touch with working class voters, yet this has happened in the past and this kind of "one man Show" is unprecedented in American history. In his letters George Washington did not reject criticism and maintained civility and composure in the face of doubters, even when he was chosen to be the first president of the U.S.
Linked Articles
A Disunited Party’s Successful Convention
WSJ 07/29/2016
That Moment When 2016 Hits YouWall Street Journal 04/23/2016
How the middle aged white Americans 45-54 are faring in the current environment with fewer opportunities and greater vulnerabilities in health, education incomes, savings, quality of life, mortality, upward mobility, for this group. Tragically this means their children and the next generation is also affected in the way fewer opportunities are available in the future. The situation is unique to America with weaker social protection than Europe, and to Britain because of years of austerity. There are no quick fixes with easy slogans, and requires first a national awareness, national consensus, and may require the better part of a generation to solve and restore the hope and promise of Jefferson in making the "inalienable rights of life, liberty, and the pursuit of happiness" available to all.
Linked Articles
Rising Death Rates for Middle-Aged White Americans Are Forcing a Policy Rethink
WSJ 06/30/2016
The U.S. Now Ranks 19th in ‘Social Progress,’ With Finland and Canada Topping the ListWSJ 06/30/2016
Linked Articles
Let’s Get This Straight About the Convention
Wall Street Journal 04/21/2016
Trump’s Emptiest ThreatWall Street Journal 04/21/2016
With no tangible solutions for creating jobs, and a policy of high tariffs that could create trade wars and destabilize the global economy hurting growth worldwide, jobs lost in the last decade mostly not coming back, questions raised about how this will improve the prospects for jobs, upward mobility for middle class, working class people.
Linked Articles
Wall Street Journal 03/24/2016
A transcript of Donald Trump’s meeting with The Washington Post editorial board - The Washington PostWashington Post 03/23/2016
The U.S. automobile market and its resilience is one factor in the improving economy in 2016. New management and technology provide a resilience for automakers that never existed before.
Linked Articles
U.S. Car Sales Set Record in 2015
Wall Street Journal 01/06/2016
U.S. car sales hit record high in 2015 - The Washington PostWashington Post 01/06/2016
Linked Articles
Wall Street Journal 11/12/2015
Agents of Their Own DestinyWall Street Journal 09/25/2015
Ignatieff of the Kennedy School and Kristof of the NYT say the inaction of Obama, Cameron, Harper and Abbott, is deplorable considering the gap between the 800,000 Merkel and the German people have openly welcomed and the 1500 the U.S. has accepted, and 166 the UK has taken in. There is hardly any mention of the issue by the leaders of the U.S. and Canada in September 2015, even as the global media has covered this daily. In Hungary the Orban government faile to remember the Hungarian uprising of 1956 and the violent crackdown by the Soviets, leading to a wave of refugees reaching other parts of Europe and the U.S.
Linked Articles
New York Times 09/04/2015
The Refugee Crisis Isn’t a ‘European Problem’New York Times 09/05/2015
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
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