A persisting puzzle about the U.S. economy is how it can seem both strong and weak. On the one hand, it remains a citadel of innovation, producing new companies like Uber. On the other, the economy is expanding at a snail’s pace of 2 percent annually since 2010. How could both be true? Why isn’t innovation translating into faster growth? The answer -- or part of the answer -- is that American businesses are running on two separate tracks. Call them the “youthful” and “middle-aged” tracks.
La discusión entre el gobierno de Trump y sus críticos sobre una tasa de crecimiento económico sostenible suscita profundas preguntas sobre el futuro de Estados Unidos. ¿Ingresamos en un período prolongado de crecimiento económico lento? Si es así, ¿cómo altera eso la sociedad y la política? ¿O acaso las medidas “correctas” elevarán el crecimiento económico a niveles del pasado?
The argument between the Trump administration and its critics over a sustainable rate of economic growth raises profound questions about America’s future. Have we entered a prolonged period of slow growth? If so, how does that alter society and politics? Or will the “right” policies raise growth to past levels?
If you haven’t paid attention, here’s a brief overview of the debate.
Pennsylvania Senator Bob Casey analyzed the effects that an eventual Republican-driven health counter-reform would have on the lives of millions of Americans.
The health reform in the Senate had not yet fallen when the Republican bench in the House of Representatives presented its fiscal proposal, a project that also divides the GOP.
There are many ways to evaluate the Trump presidency at the six-month mark. What I am struck by is the path not taken, the lost opportunity. Donald Trump had many flaws, but during the campaign, he tapped into a real set of problems facing America and a deep frustration with the existing political system. Additionally, he embraced and expressed -- somewhat inconsistently -- a populism that went beyond the traditional left-right divide. What would things look like at this point if President Trump had governed in the manner of a pragmatic, jobs-oriented reformer who was relentlessly focused on the “forgotten” Americans of whom he often speaks?
House Republicans, who are now deliberating the government’s 2018 budget, pledge to eliminate deficits within a decade. Well, good luck with that. It must be obvious that chronic deficits reflect a basic political impasse that can be broken only if majorities in Congress do things they’ve refused to do: trim Social Security benefits; raise taxes significantly; control health spending. There is a giant mismatch between what Americans want from government and what they’ll pay for with taxes.
At a key moment for the Republicans, in their fight against Obamacare, the party has finally made public its health project that would replace the previous Administration program.
Instead of working with Democrats in a bipartisan way to improve our current health care system, Republicans passed a bill that would allow insurers to bring back discrimination against people with pre-existing conditions.
Wednesday’s shooting at a congressional baseball practice was a ghastly example of the political polarization that is ripping this country apart. Political scientists have shown that Congress is more divided than at any time since the end of Reconstruction.
Theresa May called for this snap general elections three months earlier, hoping to assert her mandate before her government begun negotiations over withdrawing from the European Union. It turned to be a bad idea.
Tucked down in some news coverage about the recent death of Manuel Noriega, the former dictator of Panama, were accounts of the 1989 U.S. invasion of that Central American country to arrest Noriega, a longtime CIA asset turned collaborator with mega drug dealers.
On Sunday, the President tweeted about Tax Cuts and new G.O.P Healthcare plan, but avoided commenting on the alleged white supremacist that killed two men protecting a Muslim girl from his hate bullying words on Portland commuter train.
El pájaro tirándole a la escopeta. Eso es lo que parece hacer Donald Trump cuando condena a otras naciones que, según él, tienen pobres actuaciones en cuanto a derechos humanos. Tal parece que, para el presidente norteamericano, la alimentación, la salud, la vivienda y la educación no son derechos humanos.
The pot calling the kettle black. That’s what President Trump condemnation of other nations for their human rights record feels like. Apparently for him food, health housing and education do not fall into that category.
According to financial analysts, President Trump's budget for 2018 clearly indicates a cut in the benefits of the poor and an increase in the cash flow for wealthy taxpayers.
Con una ventaja de cuatro votos, los Republicanos aprobaron el reemplazo de Obamacare.
There are so many unusual, unprecedented aspects of Donald Trump’s first 100 days in office that it’s hard to know where to begin.
Una propuesta bipartidista ha sido aprobada en un congreso conocido actualmente por pelear sus asuntos con dientes y uñas.
Puerto Rican police arrested five people on Monday during a general strike and street demonstrations against austerity measures and government spending cuts on the island.
After 38 years representing South Florida in Congress, where she was the first Cuban-American representative in the lower house, the Republican will withdraw from legislative life, she said in an interview with the daily Miami Herald.
Let’s be clear: America is an undertaxed society. Our wants and needs from government -- the two blur -- exceed our willingness to be taxed.
Treasury Secretary Steven Mnuchin on Wednesday outlined President Donald Trump"s tax overhaul plan, which calls for slashing the corporate tax rate from 35 percent to 15 percent. Critics immediately called it “basically a huge tax cut for the rich”.
The last thing President Trump now needs is for the stock market to go south on him. After all, he’s got worries aplenty: abroad, North Korea, Syria, Russia and Brexit; at home, the stalled effort to repeal Obamacare; and uncertainty surrounding “tax reform.” Compared with this tapestry of troubles, the stock market has been a splendid blessing.
A tour along the Market-Frankford line becomes a spoken portrait of what this section of the transport system means for the city.