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Reagan, Greenspan and America's lost years 1980-2009
11/17/2023
It was in this period that many of the problems that we face today were created through policies of low interest rates, deregulation and financial market speculation leading to the financial crisis of 2008. At the beginning of the Reagan administration in 1980 China was still a country of bicycles and largely rural, by 2009 it had transformed itself into the largest manufacturing nation in the world and continued to 2023. In the US financial deregulation and lack of health care for all allowed financial interests to become the dominant force in the economy in a speculative way , and defunded manufacturing, infrastructure and public services. The work of FDR, Truman Eisenhower and Kennedy unraveled, Clinton, Obama and Trump continued that decline.
Linked Articles
Puerto Rico Was Supposed to Be John Paulson’s Paradise. Then Came the Lawsuits.
WSJ 11/16/2023
Trader Made Billions on SubprimeWSJ Jan 15 2008 01/15/2008
Severe floods in Germany 2021 Italy 2023 and effects of climate change in Europe
05/21/2023
The floods in Germany and Europe, the severe drought in parts of Spain and Italy are seen as signs climate change is here. At one southernmost point in Sicily the temperature recently reached about 49 degrees centigrade the highest ever in Europe.
Linked Articles
Italy’s disasters suggest the climate crisis is at the gates of Europe
The Guardian 05/18/2023
Scores dead, hundreds missing after massive floods in Germany, BelgiumFrance 24 07/16/2021
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
Escaping the Algorithm - Harmful effects on girls and the young of TikTok and social media
12/29/2021
If and how one can escape these algorithm based harmful social media platforms is the question posed by the WSJ series on TikTok, Facebook, others in 2021.
Linked Articles
The TikTok Spiral, Part 1: Descent - Tech News Briefing - WSJ Podcasts
WSJ 12/27/2021
The TikTok Spiral, Part 3: Escape the Algorithm - Tech News Briefing - WSJ PodcastsWSJ 12/29/2021
How America is building a new chip manufacturing industry at home
07/22/2021
After years of neglect of manufacturing Intel Corp and other companies are building a new chip industry, as America reverses years of decline in manufacturing at home. The importance of manufacturing technologies and years of cumulative expertise in developing new technologies, are now seen as critical for American leadership. US president Biden pushed for these changes, leading to a new CEO and a U turn by Intel Corp.
Linked Articles
Intel CEO’s Chip-Building Plan Has a $50 Billion-Plus Price Tag
WSJ 07/16/2021
The World Relies on One Chip Maker in Taiwan, Leaving Everyone VulnerableWSJ 06/19/2021
The origins of the coronavirus and the 2018 NIH lifting of a US ban on virus research that increases transmissibility
06/04/2021
Dr. Fauci, NIH, HHS, lifted the ban on research and manipulation of virus in lab settings in 2018 The role played by the Cambridge Group of scientists who opposed lifting the ban on gain of function research for surveillance purposes. The US public and the public in the world in India, Europe, Asia, Africa and Latin America unaware of what was going on. The devastating effects of the coronavirus in 202 and 2021 and the lack of a vaccine in 2020, lack of a vaccine in sufficient quantities in 2021. The paltry benefits of surveillance compared to the great risks of something going wrong, as pointed out by the Cambridge Group. Why was it ignored in 2018. Who makes decisions for public health in the world. Can the US make decisions for India, the people in Africa, Latin America and Asia. Does even the US public know about it, much less the public in the world at large. What power is given by the US Constitution to US government agencies on matters of public health. How are a few individuals at HHS and NIH accountable to the public in the US and the world at large.
Linked Articles
Opinion | Anthony Fauci and the Wuhan Lab
WSJ 06/03/2021
Ban on gain-of-function studies endsThe Lancet Infectious Diseases 06/04/2021
"Feierabend"- disconnecting from work the German way, the need of the times during a year of remote work 2021
04/23/2021
"Feierabend" simply means disconnecting in German so that one has time to renew and revive oneself. At 4.00 pm or 5.00 pm one simply disconnects from work and gets on the bike for a ride or does something else. Can British and American cultures learn from their German or European counterparts? Ireland has passed a law calling for this disconnect requiring it because of the huge negative impact on mental health of remote work that has no structures. Microsoft has recognized this issue in 2020. More needs to be done by companies than to simply shift this burden,shift this task on someone else, or to workers who have no idea what working from home requires. Associations and other groups also need to get involved.
Linked Articles
Right to disconnect is vital for future health of home workers
04/23/2021
How 'Feierabend' helps Germans disconnect from the workdayBBC News 07/12/2022
India's effort in mobile manufacturing with PLI incentives, and in 5G
12/16/2020
Unprecedented effort in India in 5G by 2021-2022 and in mobile manufacturing under PLI incentives by 2025.
Linked Articles
‘India will prove cynics wrong...’: Mukesh Ambani on economy, Jio 5G, vaccine
Hindustan Times 12/08/2020
‘Pushing India to surpass China in mobile manufacturing’: Ravi Shankar PrasadHindustan Times 12/16/2020
India's growth predicted at an "unprecedented acceleration" in 2021-2022 after the pandemic
12/08/2020
India's unprecedented growth in mobile manufacturing planned for 2025 under PLI incentives and in 5G technologies by 2021-2022.
Linked Articles
HTLS 2020: India’s new era will be defined by the idea of decentralization
Hindustan Times 12/08/2020
‘India will prove cynics wrong...’: Mukesh Ambani on economy, Jio 5G, vaccineHindustan Times 12/08/2020
Coronavirus impact on economy- over 10% second quarter GDP decline in Europe
08/01/2020
Linked Articles
Coronavirus leads to record drop in German GDP | DW | 30.07.2020
DW.COM 07/30/2020
Eurozone GDP drops 12.1% in record pandemic plunge | DW | 31.07.2020DW.COM 07/31/2020
What Bill Gates and France had in common in the fight for health preparedness
05/11/2020
France had learned lessons from SARS epidemic and prepared for the H1N1 epidemic at the time that Bill Gates of Microsoft was pushing for greater awareness of public health priorities. Today Gates says this was not enough, that he did not do enough and feels terrible about it. The irresponsible banking practices that caused the financial crises first in the global financial crisis of 2009 and then in the eurozone financial crisis that followed by 2011 led to the ditching of the pandemic preparedness effort in France and Britain. In all of the western world including the U.S. austerity practices were the response without addressing the root causes of financial crises. Investments in public services and infrastructure were neglected leading to a level of unpreparedness that is shocking. Countries in lesser developed countries with more consciousness of the importance of public services and care of the vast majority of people were better protected in the crisis as a result than the more developed countries.
Linked Articles
WSJ 05/11/2020
Pandemic disarmament: Why France was ready for Covid-19 a decade too soonFrance 24 05/17/2020
U.S. China trade tensions decline with Phase 1 Trade Agreement in 2020
01/15/2020
Linked Articles
U.S., China to Sign Deal Easing Trade Tensions
WSJ 01/15/2020
In a Year of Trade War, U.S. Deficit With China ShrankWSJ 01/14/2020
Gen. Mattis and the policy for Afghanistan in 2017 - learning from the experience of the 2011 Iraq withdrawal, and giving meaning to earlier sacrifices
08/22/2017
Linked Articles
Trump announces new strategy for Afghanistan that calls for a troop increase
Washington Post 08/22/2017
The Meaning of Their ServiceWall Street Journal 04/18/2015
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
How the Russian invasion of a neighboring country has not worked in line with European history
04/07/2023
Scholz of Germany says Putin started this war for absurd reasons. NATO he says was never a threat to Russia. Russia invaded a neighboring country with the idea of conquering it. Scholz says Putin was taking a felt tip pen across the European landscape and drawing this is yours, this mine. And he says Germany would never accept that. Brendan Simms in his History of Europe- The struggle for Supremacy 1452 to the Present, is on German chancellor Scholz's reading list since 2021. It shows that for 500 years no dominant European power was able to do act with impunity without the rest of Europe joining together to prevent it. This war is not an exception. The European Union countries stuck together to make it possible for Ukraine to carry on even with generators to keep the lights on and supermarket shelves well stocked. In this sense the outcome of this war is already known. It has followed what Brendan Simms has pointed out already.
Linked Articles
Germany's Scholz says Putin started war for 'completely absurd' reasons | DW | 21.08.2022
DW.COM 08/23/2022
Thwarting Vladimir Putin: The Ukrainian Economy Just Keeps On Going - DER SPIEGELSPIEGEL ONLINE 04/07/2023
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
China burns more coal with power shortages in 2021 risking climate change targets
10/29/2021
Linked Articles
China Takes the Brakes Off Coal Production to Tackle Power Shortage
WSJ 10/20/2021
China’s Ambitious Climate Goals Collide With Reality, Hampering Global EffortsWSJ 10/27/2021
US president Biden's 2021 executive order against anti-competitive behaviour
07/11/2021
Linked Articles
Biden Takes Aim at Corporate Consolidation, Big-Business Tactics
WSJ 07/09/2021
Antitrust’s New Mission: Preserving Democracy, Not EfficiencyWSJ 07/07/2021
Biden's Address to Congress 2021
05/05/2021
Biden announces his $1.8 trillion Families Plan in his speech to Congress in April 2021. It is meant to help struggling families, women, workers and students.
Linked Articles
Biden’s Speech to Congress: Full Transcript
NYTimes.com 04/30/2021
Video: President Biden’s Joint Session AddressNYTimes.com 04/30/2021
US 100 day review of strategic vulnerabilities in 2021
03/10/2021
Linked Articles
China’s Rise Drives a U.S. Experiment in Industrial Policy
WSJ 03/10/2021
America’s Battery-Powered Car Hopes Ride on Lithium. One Producer Paves the Way.WSJ 03/09/2021
A new dawn for American manufacturing
12/15/2020
After three decades of decline American manufacturing reached a low point in 2020. Yet negative trends of low capital investment, lack of supply chain onshore, lack of investment in new technologies, are now being reversed. The warnings of the Trump administration are having an effect. There is now hope for a bright future with new investment and new technologies to regain U.S. leadership in manufacturing that it held for most of the twentieth century.
Linked Articles
U.S. Manufacturing: Why 2020 Was the Bottom of a Long Decline
WSJ 12/15/2020
The Covid Crisis Taught David Farr the Power and Limits of LeadershipWSJ 12/04/2020
Pfizer BioNTech Vaccine - the history of two Turkish born immigrant scientists in Germany and how it happened
12/02/2020
Linked Articles
How a Couple’s Quest to Cure Cancer Led to the West’s First Covid-19 Vaccine
WSJ 12/02/2020
Pfizer Gets $1.95 Billion to Produce Coronavirus Vaccine by Year’s EndNYTimes.com 07/22/2020
Twitter's short form of 140 characters, the iphone, and the tech platforms building on the declining cultural and other literacy in America, Europe, other countries
05/28/2020
Twitter founder Jack Dorsey's regrets on what he sees as the lack of any depth in the short form that works well on mobile phones. The first smartphones came in 2007 and 2008 iphone and android versions, Twitter started in 2006, both growing at the same time, the story of a tech boom that is paralleled by declining cultural and other literacy in America. It also parallels the decline in sense of what is in the national interest among communities in America and Europe and in other countries, leaving them with fewer defences against the coronavirus pandemic by 2020.
Linked Articles
Opinion | A Presidential Smear
WSJ 05/26/2020
A Founder of Twitter Goes LongNYTimes.com 11/09/2013
U.S. China trade tensions decline with Phase 1 Trade Agreement in 2020
01/15/2020
Linked Articles
U.S., China to Sign Deal Easing Trade Tensions
WSJ 01/15/2020
In a Year of Trade War, U.S. Deficit With China ShrankWSJ 01/14/2020
The U.S. plan to reverse the withdrawal from Afghanistan to prevent a repeat of the U.S. withdrawal from Iraq after 2011 leading to terrorism and a chaotic situation
08/22/2017
Linked Articles
Angry Trump Grilled His Generals About Troop Increase, Then Gave In
The New York Times 08/22/2017
Trump announces new strategy for Afghanistan that calls for a troop increaseWashington Post 08/22/2017
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