"You all just got a lot richer," Donald Trump told a handful of billionaire colleagues at the Christmas dinner last Friday.
“Todos ustedes se acaban de hacer más ricos”, dijo Donald Trump a un puñado de colegas multimillonarios en la cena de Navidad el pasado viernes.
The spoils society advances.
The “spoils society” is a phrase I coined some years ago to illustrate a basic problem of wealthy societies, including, of course, the United States.
It’s time to take a brief break from Donald Trump. Whatever you think of him, there’s no denying that he dominates the news cycle. We seem to assume that the nation’s future depends on Trump’s fate, for better or worse. The reality is otherwise: The nation’s future also hangs on larger economic and social trends that no president can shape.
The headline grabbed my attention: “Americans have become lazy and it’s hurting the economy.”
Lazy? Now there’s a four-letter word you rarely hear Americans use to describe themselves.
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.
President Trump appears to have softened his position on NATO, free trade, the U.S. Export-Import Bank, Federal Reserve Chair Janet Yellen, the advice of generals, and whether China is a currency manipulator.
The City of Philadelphia is looking to make the government look like the city it serves.
Sí, ya lo sé, no es de buena educación recordarle a alguien “Te lo dije”. Pero desde la elección de Lenín Moreno como presidente de Ecuador esta semana, no me puedo controlar: Se los dije, los ecuatorianos no son tontos.
Yes, I know, telling someone “I told you so” is not the best of manners. But after Lenín Moreno was elected president of Ecuador this week, I cannot help myself: I told you so, Ecuadorans are not fools.
Philadelphia is at risk to lose small retail shops that are vital for the city. Could socially minded venture capitalism be the answer?
Climate change is making floods more common and as the New Jersey resort braces for the next Sandy, the well-heeled Florida city is throwing money at the problem, reported The Guardian.
After his spat with Mexico, after the travel ban, this week Donald Trump did something that surprised me. He put in place a policy with which I agreed. He placed a smart check on ever-proliferating federal regulations. His executive action requires any department that wants to add a new regulation to get rid of two existing ones. It might seem gimmicky, but the British government adopted just this “one-in, two-out” rule in 2012 and it’s worked well.
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.
The World Economic Forum this year feels like an exercise in ritual self-flagellation, which -- as with the old Christian practice of fasting and whipping one’s own body -- is supposed to purify the sinful nature of man. The sin, of course, is globalization, which everyone now seems to agree has been lopsided, inequitable, and dangerous. In fact, most of the flaws attributed to globalization are actually mistakes in national policy that can be corrected.
The Catholic institution from the Philadelphia suburbs has an ambitious plan to increase its Latino student population to 25%.
To date, at least 16 of the 105 Latino victims were not carrying a deadly weapon.