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[OP-ED]: Trump hits the debt ceiling

 08/16/2017 - 09:40
La pregunta fundamental que enfrenta Trump es si apoyará un aumento limpio del techo de deuda--es decir un aumento sin otras medidas de gastos, que probablemente sería aprobado fácilmente con apoyo demócrata--o si coqueteará con un incumplimiento para obtener alguna ventaja política o programática.

The crucial question about raising the federal debt ceiling is: What happens if Congress doesn’t? That is, what happens if Congress defaults? When President Trump returns from his “working vacation” later this month, this promises to be one of the major issues he’ll face, because the Treasury is expected to run out of cash in early or mid-October, according to projections by the Congressional Budget Office.

Senado confirma embajadores en Perú, Costa Rica, Guatemala, OTAN y 7 países más

 08/04/2017 - 06:55
 El presidente de EEUU, Donald Trump, antes de dar un mitin en Virginia Occidental, este jueves. EFE/SHAWN THEW

 Trump ordenó a muchos de los embajadores nominados por su predecesor, Barack Obama, que abandonaran su cargo cuando él llegó al poder en enero, y ha sido lento a la hora de nombrar sustitutos.  Entre ellos,  hay diversos donantes importantes de su campaña y acaudalados empresarios.

Plain Text Author: 
EFE

[OP-ED]: Donald Trump’s lost opportunity

 07/26/2017 - 09:12
Donald Trump could have quickly begun reshaping American politics. He heard voices that others didn’t, understood what those people wanted to hear and articulated much of it. But when it came time to deliver, it turned out that he had no serious ideas, policies, nor even the desire to search for them. EFE

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?

Bricks and Mortar: Trump's $1T infrastructure plan to rebuild America

 06/08/2017 - 04:32
Trump has proposed a plan to make US once again a nation of builders. US President Donald J. Trump applauds in front of a US Marine while walking across the South Lawn after returning to the White House by Marine One, in Washington, DC, USA, 07 June 2017. Trump returns from Cincinnati, Ohio. EPA/MICHAEL REYNOLDS

President Donald Trump on Wednesday in Cincinnati presented his plan to improve the nation's infrastructure and once again make the country a nation of "builders," giving state and local authorities more freedom of action, fewer environmental regulations and more private support.

Plain Text Author: 
EFE

[OP-ED]: Is corporate ‘short-termism’ a myth?

 02/10/2017 - 07:11
When the business climate is exceptionally uncertain, there’s a natural inclination to hold back. Whatever ails the U.S. economy, it’s a lot more complicated than selfish short-termism.

You’ve heard the criticism. Too many American corporate managers are addicted to “short-termism.” They postpone investments and other costs, sacrificing future performance for present profitability. Either they’re pressured by “activist investors” or want to inflate the value of their stock options. If true, it could help explain the economy’s lackluster performance. Now, a new study asserts that it is true.

The study is intriguing -- but be skeptical; it has some glaring weaknesses.

Plain Text Author: 
Robert J. Samuelson