Advertisement

World War II

[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.

[OP-ED]: Trump’s trade trap

 07/11/2017 - 15:30
Trump may believe that trade and environmental issues can be kept separate from geopolitical matters, such as North Korea’s nuclear program. On the contrary, history suggests that trade and geopolitics go hand in hand. EFE

Donald Trump’s foreign policy, such as it is, rests on a massive and apparently indestructible contradiction. Trump wants the United States to remain the “essential” nation, the best embodiment of Western ideals of freedom and democracy, while at the same time deliberately alienating many of our traditional “allies,” whose support the United States desperately needs. American leadership becomes difficult, if not impossible.

[OP-ED]: Mad at everyone

 07/03/2017 - 17:41
Not surprisingly, the system has become self-perpetuating. It feeds on mutual recriminations. On this July 4, the Founders -- who had deep disagreements, but compromised -- would doubtlessly disapprove.

This is the summer of our discontent. As Americans celebrate July 4, they are mad at their leaders, mad at their government and mad at each other. A recent Pew poll finds that “public trust in government remains near historic lows.” Just 20 percent of Americans trust the government to “do the right thing just about always or most of the time.” The comparable figures were 40 percent in 2000 and almost 80 percent in the early 1960s. There has been a long-term loss of trust.

[OP-ED]: Trump’s radical doctrine of retreat

 06/06/2017 - 16:54
Las consecuencias de la postura y de las acciones de Trump son difíciles de prever. Podrían resultar en el lento deterioro del orden internacional liberal. Podrían significar el auge de un orden nuevo y no tan liberal, promovido por China e India, ambos países mercantilistas y nacionalistas. EFE

We now have a Trump Doctrine, and it is, in its conception at least, the most radical departure from a bipartisan American foreign policy since 1945. In an op-ed for The Wall Street Journal, National Economic Council Director Gary Cohn and national security adviser H.R. McMaster explain that President Trump has “a clear-eyed outlook that the world is not a ‘global community’ but an arena where nations, nongovernmental actors and businesses engage and compete for advantage.”

[OP-ED]: Globalization’s false sins

 05/17/2017 - 08:26
Las importaciones a menudo son más baratas que los productos norteamericanos, ayudan especialmente a las familias de bajos ingresos, cuyos presupuestos constan de más productos manufacturados, donde el descenso de los precios fue agudo.

Globalization has gotten a bad rap. The Trump White House associates it with all manner of economic evil, especially job loss. The administration has made undoing the damage a central part of its economic strategy. This will almost certainly fail and disappoint, because globalization’s ill-effects have been wildly exaggerated.

Plain Text Author: 
Robert J. Samuelson

[OP-ED]: Will robots dis-employ us all?

 05/11/2017 - 10:11
The robots won’t steal all our jobs, because their efficiencies will create more purchasing power for other spending or new products that require human involvement and oversight. For proof, consider smartphones. In 2012, they had created nearly 500,000 jobs for “mobile apps,” up from zero in 2007.

 We have yet another study that debunks the widespread notion that robots -- and other forms of automation, including “artificial intelligence” -- will destroy our jobs and lead to a future of permanently high unemployment. According to the study, that would completely rewrite history, which has shown job creation to be an enduring strength of the U.S. economy.

Plain Text Author: 
Robert J. Samuelson

Philly Grows Into Its Anarchist Shoe

 03/29/2017 - 09:18
Wooden Shoe es una librería que encierra una atmósfera distinta a la de otros establecimientos dedicados a la venta de libros, aquí el enfoque es colaborativo y político. La librería está ubicada en el 704 South Street.  Foto Archivo Particular.

Past a chalkboard that says, “Come inside to read a good book,” on one side and “Don’t be an asshole!” on the other, you come across a tattered SEPTA Union Strike poster from the early twentieth century, preserved underneath an equally withered-away lamination. A few cautious inches deep inside of this surreal time machine, a pillar manages to stand from the 1890s home of an anarchist feminist writer and speaker who lived near Drexel University.

[OP-ED]: Has America gone complacent?

 03/03/2017 - 10:10
Photograph provided by the New York Stock Exchange that shows the president of Santander Consumer Finance, the Group's consumer finance unit, Jason Kulas (C) along with other colleagues after opening the session of the New York park in the United States. EFE

”We have met the enemy and he is us.”

- the comic-strip character Pogo by Walt Kelly, 1970

The same may be true of the economy. So says Tyler Cowen, author of the new book “The Complacent Class: The Self-Defeating Quest for the American Dream.”

Although we’ve recovered from the Great Recession, there are widespread fears that the economy will stagnate or grow only slowly. Government won’t be able to handle the next crisis, whether a war, financial meltdown or pandemic.

Plain Text Author: 
Robert J. Samuelson

[OP-ED]: The Age of Disbelief

 02/28/2017 - 16:14
There are plenty of skeptics -- including me -- who think Trump’s agenda is largely impractical or undesirable. To take one example: Since at least John F. Kennedy, presidents have pledged to increase economic growth.

We live in an age of disbelief. Many of the ideas and institutions that have underpinned Americans’ thinking since the early years after World War II are besieged. There is an intellectual and political vacuum into which rush new figures (Donald Trump) and different ideas (America First). These new ideas and leaders may be no better than the ones they displace -- they may, in fact, be worse -- but they have the virtue of being new.

Plain Text Author: 
Robert J. Samuelson

[OP-ED]: Stephen Bannon’s Ideas -- and His Very Different Actions

 02/14/2017 - 14:50
White House Director of Strategic Communications Hope Hicks (L) and Senior Counselor to the President and White House Chief Strategist Steve Bannon walk down the West Wing Colonnade following a bilateral meeting between U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe at the White House in Washington, DC, USA. EFE

Perhaps it’s just me, but a few weeks into the Trump presidency, between the tweets, executive orders, attacks and counterattacks, I feel dizzy. So I’ve decided to take a break from the daily barrage and try to find the signal amid the noise: What is the underlying philosophy of this administration?

Plain Text Author: 
Fareed Zakaria

[OP-ED]: Trump is beginning to reverse 70 years of American foreign policy

 02/01/2017 - 06:58
In his first days in office, Donald Trump has begun to reverse the domestic policies of the previous eight years. But with regard to America’s relations with the world, Trump seems far more radical. In word and deed, he appears to be walking away from the idea of America at the center of an open, rule- based international order. This would be a reversal of more than 70 years of American foreign policy. EFE
 

In an essay in The New York Review of Books, Jessica Mathews points out that since 1945, Americans of both political parties have accepted three principles. First, that America’s security is enhanced by its broad and deep alliances around the world. Second, that an open global economy is not a zero-sum game but rather allows America to prosper and others to grow. And finally, while there was debate about whether dictatorships were to be “tolerated, managed, or confronted,” in the end there was a faith in democracy and its advantages.

Plain Text Author: 
Fareed Zakaria

[OP-ED]: Patriotism on steroids: Trump’s isolationism

 01/24/2017 - 15:04
US President Donald Trump during the signing of two executive orders to revive controversial Keystone XL and Dakota Access oil pipeline projects during a White House event in Washington, United States. Trump said the construction of these two projects, planned for years but paralyzed by the Obama administration, will be subject to "terms and conditions" that his cabinet will "negotiate" with the companies in charge of building them. EFE

The question that swirls around Donald Trump’s inaugural address is whether his aggressively pronounced policy of America First will actually result in America Last -- not literally last, but declining in power and prestige because the United States no longer views its role in the world as promoting economic and geopolitical stability for our allies.

Plain Text Author: 
Robert J. Samuelson