Medicare

Trump Abandons Economic Reforms To Embrace War Spending

It is now increasingly clear that the Trump administration is going to be at least four years of endless war, budget-busting spending, massive deficits, and more big government in general. His demonstrated preference is not for addressing the issues that won him the Rust Belt states. He's a war president now, and has better things to do.

What Makes Millennials Disturbingly Different?

In stealth fashion millennials are rapidly transforming society...The era of the US economy sustaining itself via consumption may die as the Millennials become the economy! Their motivations and expectations are completely different than any prior generation and the changes will be profound.

The Unavoidable Pension Crisis

"A bear market is coming which will be the match that lights the fuse... The real crisis comes when there is a 'run on pensions' when 'fear' prevails benefits will be lost entirely."

Michael Hudson: Trump Is Obama's Legacy - Is This The End Of The Democratic Party?

"...the Democrats will continue to pose as the Lesser Evil party not really in terms of policy, but simply ad hominum. They will merely repeat Hillary’s campaign stance: They are not Trump... having lost its ability to pose as the party of labor and the middle class; and firmly controlled by Wall Street and California billionaires, the DNC strategy of identity politics encourages any identity except that of wage earners..."

Doubt Rises As Market Liquidity Collapses

Our country has deep structural problems that require deep thinking. Does anybody see evidence of deep thinking anywhere? Or even a debate on how to address them?