Another federal fiscal year is in the books. The new fiscal year is a time for reflecting upon the past year and looking ahead to the new one. With the presidential election less than one month away, the U.S. fiscal policy outlook is sharply in focus. Federal spending increased by $392 billion (+7%) for 2024….
Politically, New York City has been in decline since Bloomberg was the mayor and continued the clean-up work that had started when Rudy Giuliani was mayor 1994-2001. Bloomberg left office in 2013 and was followed by the far-left democrat Bill de Blasio, who turned the city into financial despair, mass exodus of families and the…
Theoretically, free trade is beneficial as it is providing consumers with increased access to less expensive and potentially higher quality foreign goods and the lowering of prices as governments reduce or eliminate tariffs. However, there is no such thing as free trade nowadays as most countries or trade blocs impose some kind of tariffs. In…
As summer turns to fall, the news from Ukraine is pretty much the same each week. Across the country, Russia is attacking civilian and military targets, destroying the energy grid and infrastructure, and making marginal but steady advances. Given the degraded Ukrainian energy infrastructure, it seems that Ukrainians will have a hard winter ahead of…
As the Biden presidency has unfolded, so have many global conflicts. There has been one problem after another since the inauguration, and it seems that the U.S. could have acted differently to prevent some of the tension. It started already from the beginning of the presidency with Biden’s constant talk of eastward expansion of NATO….
