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Kamala Harris tells America it is time to build an Opportunity Economy
08/17/2024
Creating opportunities for all and taking action on the Cost of Living concerns of ordinary Americans was the theme for Kamal Harris rally in North Carolina with president Biden. There she set out her economic plan to limit grocery costs, cut housing costs and cut pharmaceuticals costs, address child care, and pave the way for an Opportunity Economy, A New America Way Forward.
Linked Articles
Remarks by Vice President Harris at a Campaign Event in Raleigh, NC | The White House
The White House 08/17/2024
Harris vows to build ‘opportunity economy’ and attacks Trump on taxThe Guardian 08/16/2024
How low interest rates from the banks created 2009 financial crisis were squeezing Americans and most of all seniors
06/05/2024
In 2010 Charles Schwab pointed out that low interest rates were squeezing Americans, most of all seniors on fixed incomes and pensions. In 2024 first quarter the higher interest rates in one quarter alone created an additional $770 billion in interest and dividends for Americans, many of them seniors, according to US Federal Reserve. This is the damage done by the recklessness of the banks and financial sector and seniors have paid heavily for this and for the wars in the Middle East which reduced the growth potential of the US economy that were embraced by Reagan and Bush, Trump and Obama. The war money was not used to build new infrastructure to replace the old as it should have been leading to China having new infrastructure and America's being aging and worn out.
Linked Articles
Low Interest Rates Are Squeezing Seniors
Wall Street Journal 03/30/2010
Americans Have More Investment Income Than Ever BeforeWSJ 06/05/2024
Two visions for Rural America and the Rural America that president Biden is Building with investments from the Infrastructure Law
01/13/2024
President Biden's vision for rual America, the huge investments being made for the revival of Rural America, and ensuring opportunity for all whether they live in rural, suburbs or cities. This is the America president Biden is building. One has to go back to the days of FDR and Harry Truman of Independence,Missouri to grasp the future that Biden sees in rural America, in the heartland of America from the prairies to the Rocky mountains, and from the Southwest to Southeast, as well as in the Great lakes region.
Linked Articles
Rural Playbook | Build.gov | The White House
The White House 01/12/2024
Trump’s Hold on Rural America Is Key to His ResilienceWSJ 01/12/2024
America has forgotten it is American workers who built America
09/28/2023
American workers built the middle class and American workers built America with its factories. Biden joins a picket line at at GM plant in Beleville, Michigan, saying this with a bull horn. Shawn Fain directly elected by autoworkers says workers not billionaires run America. This happens as the UAW union rejects tiered wages. Entry level tier wages of younger workers at $17 an hour or $34,000 a year is below the Federal Poverty Level of $35000-$40000 for families with children. It would be seen as outrageous by both Lincoln and TR-FDR in a country where the Constitution starts with the line "We the People. Workers are forgotten in a world that is only waking up to this in 2024.
Linked Articles
Biden Joins Autoworkers on Picket Line in Michigan
NYTimes.com 09/27/2023
Trump’s pitch for autoworker votes in car heartland is short on autoworkersThe Guardian 09/28/2023
How deceitful and self serving use of immigration in the UK led to making a good economy worse, and with strict immigration policy in Greece made a bad economic situation better
05/22/2023
How a strict migration policy in Greece leads to a 90% drop in migration and brings Greece in line with the rest of the European Union including Italy and Germany on migrant policy. Merkel simply and clearly made a serious error in letting in migrants through Hungary and Austria because it led to anti migration sentiment throughout the EU, to Brexit, to the sidelining of parties that worked in the interests of workers and families throughout Europe for a decade in which distorted economic policy lost public support till the pandemic made things even worse.
Linked Articles
Has Brexit left Britain in a better state?
The Times 05/21/2023
With His Party Ahead in Elections, Greek Leader Claims ‘Political Earthquake’NYTimes.com 05/22/2023
Biden the president who sees the longed for tidal wave of justice rise
04/14/2023
Biden is unique in American history as the president with the most experience. His long experience in the US Congress and his very real belief that there is such a thing as "the longed for tidal wave of justice" that will come up to help America build a new world of "Possibilities." It was this kind of faith in America that was the impression people had of Abraham Lincoln in the 1850's.
Linked Articles
Biden and Irish poets: 'Hope and history,' a lifelong love
AP NEWS 04/14/2023
Poetry-loving Biden heads to Ireland, home of the 'best poets in the world'NPR 04/14/2023
Changes in retired living in the US after the pandemic- better home caring and parent day care
03/07/2023
Changes in retired living are happening following the pandemic. With worker shortages employers are likely to offer benefits such as parent day cay care so there is less difficulty taking care of older parents. Other retired people over 65 are helping take care of much older retirees in their 80's as home caring companies facing worker shortages depend more on older workers.
Linked Articles
They Retired. Now They Are Taking Care of Other Retirees.
WSJ 03/05/2023
Five New Benefits and Perks Employers Will Tailor to Your NeedsWSJ 03/06/2023
Friendshoring- US Treasury Secretary Janet Yellen and Jake Sullivan NSA Advisor's call to invest in India
03/07/2023
American leaders president Biden, Treasury Secretary Janet Yellen, and National Security Advisor Jake Sullivan call for friendshoring- to invest in Indian manufacturing. This will reduce concentration of manufacturing in one country and create abetter more resilient supply chain. The pandemic and supply chain problems that added to inflation showed the extraordinary risks of the existing supply chain. As pointed out by FInance Minister Nirmala Sitharaman in an interview at Raisina Dialogue India is creating the right conditions to attract foreign investors in Indian maufacturing for advanced technologies.
Linked Articles
U.S. Pursues India as a Supply-Chain Alternative to China
WSJ 03/06/2023
Raisina Dialogue 2023: In conversation with Finance Minister Nirmala SitharamanThe Economic Times 03/06/2023
How the transition from the Soviet Union in 1985-1989 was mismanaged by Gorbachev leading to a 40% drop in GDP, 2000% inflation, drop in life expectancy , worse than the US Great Depression in the 1930's
09/03/2022
It is not commonly known in the US how bad the collapse was in Russia after 1989. An understanding of this in the US and Europe not just of the Fall of the Berlin Wall and its effect on Eastern Europe and West Germany, is needed to get a complete understanding of what happened and the events leading up to the war in Ukraine and threats to US and the EU. It also helps in framing solutions for the future that include lessons learned.
Linked Articles
Mikhail Gorbachev, Germany's most beloved Russian, has died | DW | 31.08.2022
DW.COM 08/31/2022
Opinion | Wonking Out: The Nightmare After GorbachevNYTimes.com 09/03/2022
Ashwini Bhide, 1995 IAS batch, tireless worker for the millions of Mumbai residents looking for better modern Rail
07/13/2022
Ashwini Bhide was the head of the Metro Rail project in Mumbai and the first woman to be profiled by WSJ in this way - as a tireless worker for getting modern Rail with the latest technology to Mumbai after decades in which millions of Mumbai residents had to put up with old, dilapidated, incomplete rail subway services. It is work that meets the aspirations of Young India and which would make Mohandas Gandhi proud a century later. It shows that India can deliver on the kind of infrastructure needed for making project Make in India work.
Linked Articles
Newsmaker | Fadnavis ensures pet Metro project on track, puts Ashwini Bhide back in driver’s seat
The Indian Express 07/13/2022
‘You Have to Actually Cut Open Mumbai’s Belly’—Inside One of the World’s Most Audacious Transit ProjectsWSJ 05/08/2023
A second Macron vs. Le Pen presidential debate in France in 2022
04/21/2022
Cost of living and Le Pen's ties to Russia emerge as key issues in the debate. Macron appears to be the more convincing in his grasp of facts and claity of thinking, with a Elabe snap poll showing 59% think Macron more convincing to 39% Le Pen. France's welfare state in a way that the US and Britain are less so, means that other solutions are needed for cost of living and the decaying small towns and rural areas. A next generation industrial revolution is needed to bring jobs home and closer to home to revive both France and Europe after decades of shifting jobs and industry to China. Needed only is the will and aspiration to do so.
Linked Articles
Macron and Le Pen clash on Russia in feisty debate ahead of presidential run-off
France 24 04/21/2022
France’s Macron and Le Pen Clash During Presidential DebateWSJ 04/20/2022
Deforestation- is the pledge at COP26 Glasgow a bit too late for Indonesian rainforest?
11/02/2021
This is one of the amazing links in Lyrarc because it shows WSJ article from 2007 noted by Lyrarc that year, showing UN maps on deforestation in Borneo island in Indonesia for 2000, 2005, 2020. By 2020 most of the rainforest is shown as gone. Deforestation and climate ecologist Clare Rewcastle Brown, sister in law of former British prime minister Gordon Brown, from Britain, recalls colonial days in Sarawak, north Borneo Island, where her father was a police officer. And how much of the canopy of forest from that part of Malaysia was disappearing. She continued her protests from outside Malaysia in 2013 as reported by NYT and noted in Lyrarc that year. This is an amazing story of how deforestation of some of the last rain forests in the world took place at a time when awareness of climate change was sorely lacking in 2007-2013, and how by 2020 the rain forests in Borneo may have already disappeared from planet earth to combat climate change. One woman's fight and a fight that is still on after world leaders took a pledge to end deforestation on the planet by 2030 including Russia, Brazil, Indonesia, China, and the US, and a UN report that had the foresight to show a rainforest disappearing in 2007 in Tom Wright's WSJ report from Surabaya, Indonesia the same year.
Linked Articles
WSJ 07/03/2007
Barred From Malaysia, but Still Connecting With Critical JabsNew York Times 08/16/2013
The Hong Kong, Taiwan crises and American risks in existing supply chains and manufacturing arrangements
10/06/2021
The crises in Hong Kong and Taiwan lead to a reevaluation of existing supply chain and manufacturing arrangements by the Biden administration. The coronavirus pandemic with over 700,000 deaths in the US and a large number of deaths in Europe and India are leading to a new awareness of the importance of manufacturing at home and not depending on far flung supply chains. Public perceptions have changed yet American companies continue to operate as before without an awareness of the changes in public perceptions.
Linked Articles
U.S. Trade Policy Adapts to a China That Will Never Change
WSJ 10/06/2021
China Would Be Able to Launch Attack on Taiwan by 2025, Island’s Defense Minister WarnsWSJ 10/06/2021
How Kamala Harris cut migration from Guatemala and other Central American states
07/31/2024
Katie Tobin deputy assistant to the president shows how Kamal Harris cut migration from Guatemala with her action to stabilize Guatemala after the destabilizing of the region by Reagan and Bush through wars started in the region. The achievements to get Guatemalans and Central Americans to stay home compares favorably with the wars and weapons sent to the region under Reagan-Bush that led to gangs taking over San Salvador and young people leaving. Consider $300 million in humanitarian assistance during COVID years, $5 billion in foreign investment lined up to create 250,000 jobs, pulling US AID and IDFC agencies for loans, and arranging for anti-corruption candidate to take over government in Guatemala following elections. It is an exceptional record achieved in a few months trying to undo decades of destabilizing Central America by Republicans Reagan and Bush. Reagan-Bush also destabilized the US with wars in the Persian Gulf, Iraq and Afghanistan, because infrastructure in US was neglected, and manufacturing jobs were shipped overseas under failures of Reagan-Friedman economic theories destroying communities across the US over three decades.
Linked Articles
Opinion | Kamala Harris Made Progress on the Border Crisis
WSJ 07/29/2024
As Republicans Attack Harris on Immigration, Here’s What Her Record ShowsNYTimes.com 07/31/2024
Carlos Tavares and the contrast with Fiat Sergio Marchionne, Tesla Elon Musk- the need today for new role models for health and worklife balance, respect for dignity of workern
02/05/2024
Carlos Tavares, CEO of Stellantis that brings together Fiat, Chrysler and Peugeot, as shown in a WSJ report, respects workers right to have a weekend free of email requests to recharge their batteries for the new week starting Mondays. Tavares sees great value in worklife balance, respect for dignity and health of workers. He believes this delivers productive work better than alternatives such as that under Sergio Marchionne the Fiat leader running Chrysler who worked constantly, with excessively long hours, unending travel and smoking incessantly say reports, that took its toll on health- setting a poor role model for managing business and for the younger generation. A similar situation is presented by Mr. Musk compared to Mr. Tavares. Striking is the respect for the dignity of workers that comes with respecting worklife balance. This was a major issue in this years UAW negotiations. Leaders from Scholz in Germany and Biden in US, Modi in India, have called for respect for dignity of work and workers as the kind of society we want to build and we want to live in. The founder of Silicon Valley Andy Grove who founded Intel that powers the chips on every laptop always reminded his readers this is the kind of society he wanted to live in.
Linked Articles
Elon Musk Says Donald Trump Should ‘Sail Into the Sunset’ in Latest Spat
WSJ 07/12/2022
WSJ News Exclusive | The Money and Drugs That Tie Elon Musk to Some Tesla DirectorsWSJ 02/04/2024
Li Keqiang and the era of Openness in China 1977-2023
11/02/2023
LI Keqiang was able to pass entrance exams to Peking University in 1977 after entrance exams were reinstated following Mao's death. He led the modernization of China during the 2000-2022 period two decades of fast growth turning China into a middle income industrialized country after centuries of decline. During this period China urbanized at a rapid rate and Li's advanced studies focused on urbanization. It was also a period when China realized the damage done to the environment and quality of air, water, with haphazard growth, and shifted to climate change action through focus on solar energy and limiting use of coal.
Linked Articles
China Mourns Former Premier Whose Death Hovers Over Xi Jinping
WSJ 11/02/2023
Next Premier Came of Age in Era of OpennessWall Street Journal 11/16/2012
Try hard but not too hard-cutting yourself some slack improves health and concentration, the Andy Grove principle for slack in your work routine reinforces this
09/15/2023
People forget that this applies to sports athletes and high achieving people. Andy Grove, founder of Intel and of Silicon Valley, believed in keeping some slack in his work routine and schedule. He left Hungary in 1956 after the Hungarian revolution and Russian invasion as a refugee, and graduated first in his class in the City College of New York in chemical engineering 3 years later. In 3 more years he obtained a PhD from UC Berkeley. In his book Output Management he says productive arrangement is one that keeps slack in the way that highway planners know that having too many cars compared to capacity means everything comes to a halt. In his daily work he always believed in having some slack. Today people pile on work upon work forgetting these basic principles. The other principle is leveraging of activities which is where the output comes from. To leverage effectively concentration of mind is needed and a chance to reflect and think, which requires slack and slack that adds additional time for healthy living that aids mindfulness. This adds to Motivation and Training which Grove says affect Output. To do this requires some slack to think and reflect and healthy lifestyles that power this process. This is also why the competing styles today show contrasts between those of Boeing's top managers and Stellantis managers similar to Grove and Musk's style for Tesla also shown in WSJ in the last few months being just the opposite.
Linked Articles
Burnt-out from work? Try following Hugh Jackman’s 85% rule
The Guardian 09/15/2023
Try Hard, but Not That Hard. 85% Is the Magic Number for Productivity.WSJ 09/11/2023
Mr. Trump's loosening of banking regulation and regulatory culture and the crisis it caused.
04/29/2023
The laws passed in the US Congress to limit the regulation of US banks imposed after the 2009 crisis led to leaving a gap for midsized banks where there would be less regulation. The appointment of Randy Quarles to Fed Vice Chair Supervision by Mr. Trump in 2019 led to the new culture which took the attitude the less regulation the better 14 years after the 2009 banking crisis, and the collapse of several banks in 2023, endangering the US banking system when the US needs a huge capacity to invest in the nation.
Linked Articles
Fox News defamation case during the 2020 election
04/01/2023
The damage to democratic norms and practices for the second oldest democracy in the world after Britain is the larger issue in this defamation case.
Linked Articles
Fox News Suffers Major Setback in Defamation Case
NYTimes.com 04/01/2023
Fox News Defamation Case Cleared for TrialWSJ 03/31/2023
Limits to China's economic recovery from local government debt and smaller pool of savings
03/07/2023
A smaller pool of savings and build up of debt during the pandemic limit the extent of China's economic recovery. The trillions of dollars of local government debt and the slowdown in the construction sector act as barriers to growth in China.
Linked Articles
Covid-Era Savings Are Crucial to China’s Economic Recovery
WSJ 02/26/2023
China’s Cities Struggle Under Trillions of Dollars of DebtWSJ 03/06/2023
1041 elections in 2022 at American companies support unionized workplaces- protecting worker's rights during the pandemic
01/21/2023
The United Nations International Labor Organization calls for protecting workers rights and promoting decent work during a pandemic that devastated many workers. A new respect for unionized workplaces after decades of decline and respect for the dignity of work. Still the process of recovery has only started as only 10% of American workers are represented by unions, only 14 million workers.
Linked Articles
Trade Unions matter in a human-centred recovery from COVID-19
ILO 01/21/2023
Union Membership Rate Hits Record Low Despite Votes at Apple, Amazon, StarbucksWSJ 01/21/2023
Common sense and wisdom for passage to India Pakistan trade after the floods in 2022 with one third of Pakistan under water
08/30/2022
In 2012 Michael Boskin, who helped George W. Bush, with the NAFTA North American Free Trade Agreement, wrote this article in the WSJ about the normal trade using trade models that take into account the advantage of cross border trade and size of economies would be 20 times the $2.7 billion in trade between India and Pakistan in 2012. This would be $50 billion. This would have increased to $100 billion by 2020 under normal trade. Instead in the year of the 2022 floods when Pakistan is one third under water, and cross border trade never made more sense, the OEC data show trade at less than $300 million or one three hundredth portion of what trade could be if normalized.
Linked Articles
Pakistan: Food prices soar amid floods | DW | 30.08.2022
DW.COM 08/30/2022
Michael Boskin: A Passage to India-Pakistan PeaceWSJ 04/15/2012
The danger to the US, European Union and India of concentration of chip production in Taiwan
06/20/2022
Concentrating 92% of chip production that powers cell phones, laptops, computers in Taiwan makes no sense. Five fabs are concentrated in just 1 Science Park- Hsinshu Science Park in Taiwan. A missile attack could take out half of the world's chip supply. After Ukraine the US, EU and India, South Korea, Japan need to take this seriously. Action taken now will bring results over 3-5 years. The Free World depends on creation of new supply chains using manufacturing in the US, EU, India and Japan.
Linked Articles
Opinion | China Is Losing Its Bet on Chips
WSJ 06/20/2022
Opinion | Semiconductor Dependency Imperils American SecurityWSJ 06/20/2022
De Klerk, Desmond Tutu, Mandela and the New South Africa
12/27/2021
South Africa's amazing transformation into a racially harmonious society, with people of black, white, Afrikaans, English Afrikaans, Indian, building a new South Africa owes a lot to the leadership, humility, and vision of De Klerk and Desmond Tutu, as well as Nelson Mandela. South Africa's experience offers a new sense of hope that no matter what the difficulties involved one can pull together people of different backgrounds and cultures into a united country. It is in keeping with the best ideals of Britain and of India's Mohandas Gandhi who started his work in Cape Town, South Africa.
Linked Articles
Desmond Tutu, Archbishop Who Helped End Apartheid, Dies
WSJ 12/26/2021
Legacy of FW de Klerk, South Africa's last leader under apartheid | DW | 11.11.2021DW.COM 11/11/2021
Nature walks and improved health and wellbeing- Essential during the Coronavius Pandemic
10/09/2021
Walks taken out in parks, nature settings, and further out in wooded areas are seen as essential for health and wellbeing during the pandemic. This is becoming increasingly popular in the UK and can be pursued in the US, other parts of Europe, India, other parts of Asia, Latin America and Africa as a way to promote neglected mental health during the pandemic. Vaccines are doing their part for body health yet much remains to be done for mental health which has taken a big hit during the pandemic.
Linked Articles
‘These salt marshes saved my life’: how nature is helping mental health
The Guardian 10/09/2021
Two-hour ‘dose’ of nature significantly boosts health – studyThe Guardian 06/13/2019
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