Perhaps the biggest story coming out of campaign 2016 is not the rise of Bernie Sanders and Donald Trump, but the fact that the media and political establishment never saw it coming. And the fact that they never saw it coming perfectly explains the rise of Sanders and Trump. Continue reading Sanders and Trump: How the Political and Media Establishment Got 2016 So Wrong
A hemorrhaging economy. A tough and frustrating job market. Downward pressure on wages. Housing out of reach. High energy costs. Government strapped for cash. Questions about our global standing. Wondering about the American Dream.
That describes America all right, but it’s the America of the late 1970s and early 1980s, when our country truly did seem to be falling apart. Continue reading Blame Wall Street, Not Boomers
Worried Democrats unhappy with the political and economic climate who think today’s situation could be better handled regularly hint at a historic question I would phrase this way: What Would FDR Do?
The assumption is that we’d all be a lot happier with some uplifting speeches on not fearing fear, some cutting comments about malefactors of great wealth and some economic experimentation rammed through a cooperative Congress. But things are very different today from several perspectives. Continue reading What Would FDR Do?
President Obama may have hit the mark in the State of the Union when focusing on the future of the economy, but Dan Conley points to one of the speech’s major flaws. Continue reading SOTU Review