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Huge mismatch between profits of $20 billion and investment of $400 billion for AI in 2025 and $1.5 trillion in spending to 2028 that is crowding out investments in repairing America's crumbling infrastructure, manufacturing, renewable energy, housing, health, education
11/16/2025
Grouped Articles
The shutdown is over, but the nation’s aviation problems are not.
The Washington Post 11/16/2025
This Is How the AI Bubble Bursts
Yale Insights 11/15/2025
Simple maths says the AI investment boom ends badly
Firstlinks 11/15/2025
What Are the Implications if the AI Boom Turns to Bust? | TechPolicy.Press
Tech Policy Press 11/15/2025
Opinion | You May Already Be Bailing Out the AI Business
The Wall Street Journal 11/12/2025
Who Will Pay for the AI Revolution? Retirees
The Wall Street Journal 11/14/2025
The US Cost of Living Crisis 2023-2025
02/24/2025
Cost of Living Crisis and huge gaps in income and wealth between the top 20 percent and the bottom 80 percent aggravate standards of living in America in a way not seen since the Second World War. About 45% increase in prices on cars, used cars, car repairs, housing rentals and groceries, in many household expenses, since 2019. Incomes of workers not having kept up with this kind of spiralling inflation. This is upending the social compact and leading to loss of faith in governments in the US and Europe. Change in governments in UK, France, Germany, and the US and a sense of unease among people.
Grouped Articles
Even Disney Is Worried About the High Cost of a Disney Vacation
WSJ 02/09/2025
Action to cut single use plastic bags and packaging 2025
11/27/2024
Efforts to end the use of single use plastics that are a threat to health and the environment, land, rivers and oceans. The use of plastic water bottles has worsened the crisis. Supermarkets are slow in the US to ban plastic bags showing need for prudent regulation. Talks in Busan, South Korea, in Nov 2024 to find a solution to the plastics proliferation crisis. The plastics industry including plastics makers and recycling companies say things are under control with recycling goals, yet reports show only 30% of plastics is being recycled each year in 2024, and going back to the beginning of plastics 2 decades back only about 10% has been recycled.
Grouped Articles
Inside the Plastic Industry’s Battle to Win Over Hearts and Minds
NYTimes.com 11/27/2024
Washington Post 06/10/2024
China Tries to Stem the Flow of Its Plastic Waste
WSJ 01/20/2020
Plastic Water Bottles, Which Enabled a Drinks Boom, Now Threaten a Crisis
WSJ 12/12/2018
New York Businesses Anticipate Plastic-Bag Ban
WSJ 02/27/2020
Supermarkets in France forced to ditch plastic and set up ‘refill stations’ selling unpackaged goods
The Times 04/01/2021
Budget Discipline in Japan in 2010
06/11/2010
Spending is to be kept at 71 trillion yen for the next 3 years and the budget balanced in 10 years. This is critical to the Democratic Party government's credibility on spending, deficit and debt issues facing Japan.
Grouped Articles
Abe Set to Proceed With Tax Increase in Japan
Wall Street Journal 09/12/2013
Japanâs Prime Minister Warns That Debt Could Bring a Crisis Like That of Greece
New York Times 06/11/2010
Japan Expects Higher Tax Revenue
Wall Street Journal 01/14/2015
In Budget Plan, Japan Proposes More Spending and Aims to Borrow Less
New York Times 01/14/2015
Japan Vows to Cap Budget at 71 Trillion Yen
Wall Street Journal 07/20/2010
Shaking up Japan: Bold, or plain reckless?
Economist 02/05/2011
Roubini on China, currency issues, and domestic consumption in China.
05/17/2010
By letting the yuan China can shift the benefits to households, who will have more purchasing power, and reverse the shift that has taken place in the last 10 years, with domestic consumption making up about 36% of GDP- down by about 10 points from ten years earlier. State owned companies gained at the expense of households, as did infrastructure spending, but it is leading to misallocation of investments and hurting households. As a result China will hit a growth wall in the next 2-3 years, says Roubini.
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
New York Times 09/30/2010
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/2010
New York Times 09/25/2010
China wage increases and government policy to promote domestic consumption.
01/05/2008
Wage increases of 20% at Hon Hai and upto 100% at Honda factories in China from wages that were kept low for the export market, are now the trend in China. The government policy is shifting to encourage such wage increases to promote domestic consumption and reduce an overreliance on export markets for growth. This is happening just as trade tensions are increasing with the USA.
Grouped Articles
Beijing Signals a Shift on Economic Policy
New York Times 05/24/2013
Honda's Long-Haul Dilemma in China
Wall Street Journal 06/24/2010
Interview With Japan Foreign Minister Katsuya Okada
Wall Street Journal 09/02/2010
Yuan's Rise Hurts China's Exporters
Wall Street Journal 01/20/2014
China Will Keep Growing. Just Ask the Soviets.
New York Times 10/24/2014
Adidos and Hotwind? In China, Brands Evoke Foreign Names, Even if They’re Gibberish
New York Times 12/26/2014
How India could get the Trade Deal with the US by buying oil from US and Saudis/UAE and allowing imports of non grain and non dairy agricultural products
08/28/2025
US sanctioned India with 50% tariff for buying Russian oil saying it finances RUssia's war against Ukraine and daily deadly missile strikes. ein dollar terms are now insignificant at $2-the 3 billion. In fact India is already shifting to getting more of its imports from the Middle East. India could also import additional oil from the US and make changes to import non grain and non dairy agricultural products from the US in large volumes such as almonds, walnuts, pistachios, blueberries, cherries that it's upper middle class population of 250 million could benefit from the nutritional benefits. US in its fight against the pharmaceutical companies high pricing could change laws to bring in Indian pharmaceutical products at 10-15% price above Indian prices set by the government to meet needs of its large population. In pharma product pricing India leads the whole world and this benefit would lower the cost of living in the US tremendously. Both sides would benefit in a WIn-WIn relationship in trade- THIS IS ACHIEVABLE FOR THE INTERESTS OF AMERICANS AND INDIANS. IT ONLY REQUIRES VISION OF BOTH SIDES.
Grouped Articles
India's benefit from Russian oil imports exaggerated; actual gain at just $2.5 bn
The Economic Times 08/28/25
Opinion | America’s Fearsome Farm Lobby Has Nothing on India’s
The Wall Street Journal 08/27/25
Why cost of living is destroying the social compact in the US and Europe and upending governments in 2024-2025
02/24/2025
Used car prices are up 45% since 2019 putting used cars at average price $28000. It is not a discretionary cost, one needs a car to get to work in the US. There are cases of young people not able to pay soaring repair costs quitting work without transport. This is why there was so much discontent in 2024 after supply shocks and price gouging pushed up prices in 2024. Another factor evident in airline ticket pricing was demand and the excess income of the top 20 percent. In housing and apartment rentals supply shortages pushed up prices, demand and excess income of the top 20-30 percent pushed up prices beyond the reach of the rest, higher interest rates made it unaffordable to buy a home for most Americans.
Grouped Articles
Why There Is No Relief Ahead for High Used-Car Prices
WSJ 02/15/25
The U.S. Economy Depends More Than Ever on Rich People
WSJ 02/24/25
Immigration in Canada.
11/12/2010
The success of Manitoba in attracting immigrants. The public support for immigration in Canada. The point system, and the absence of a border such as the US has with Mexico, creates a favorable attitude to immigration among Canadians. About 20% of Canadians are immigrants compared to 12.5% in the US, making them a signifcant bloc in elections.
Grouped Articles
Defying Trend, Canada Lures More Migrants
New York Times 11/12/10
Immigrants Aren’t Taking Americans’ Jobs, New Study Finds
The New York Times 09/21/16
Andy Grove and the scaling up at home that American companies need to do.
05/29/2010
Andy Grove brushes off talk of sending technologies and jobs much needed at home to China, with the talk he hears of "a China strategy." He doesn't see how an America with high paying jobs and mass of unemployed could work. He says American companies have failed to scale up, the way Intel did in the seventies. For every Apple employee there are 10 employees in China working on Mac's, Iphones, and Ipads. The idea of manufacturing as not important is misguided and he would like to see America rebuild its industrial base.
Grouped Articles
Wall Street Journal 05/29/10
Wall Street Journal 10/02/10
Apple Says App Store Sales Rose 50% in 2014
Wall Street Journal 01/09/15
After Michigan Loss, Hillary Clinton Sharpens Message on Jobs and Trade
New York Times 03/09/16
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/10
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/10
Failure to control overbilling by pharmaceutical companies, medical equipment and device makers in the health reform bill.
12/10/2009
Only $10 million annual increase to control fraud has been allocated in the bill. Its not likely to do much to control the overbilling and may be one more reason the health care reform bill will be a failure in controlling costs. Pricing of pharmaceutical products and healthcare services as the major unsolved problem in the U.S.
Grouped Articles
New York Times 12/21/13
BusinessWeek 12/10/09
How the Senate bill would contain the cost of health care : The New Yorker
New Yorker 01/04/10
In Battle Over Health Law, Math Cuts Both Ways
New York Times 01/07/11
House Approves Health Law Repeal
Wall Street Journal 01/20/11
A grim diagnosis for our ailing U.S. health care system - The Washington Post
Washington Post 11/28/11
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