Economics & Politics

The republicans are trying to jam a reckless health care bill through Congress so that they can move on to their real objective: another round of deep tax cuts for the rich, paid for by deep cuts in public services, more debt on the backs of the young, and reckless disregard for the environment. We [...]

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(CNN) US health care costs are out of sight, more than $10,000 per person per year, compared with around $5,000 per person in Canada, Germany and France. Obamacare expanded coverage without controlling costs. The Republican plan would ruthlessly and cruelly limit coverage without controlling costs. Read more at CNN.

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NEW YORK – President Donald Trump’s withdrawal of the United States from the Paris climate agreement is not just dangerous for the world; it is also sociopathic. Without remorse, Trump is willfully inflicting harm on others. The declaration by Nikki Haley, the US ambassador to the United Nations, that Trump believes in climate change makes matters worse, [...]

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NEW YORK – US President Donald Trump’s ravings against the 2015 Paris climate agreement are partly a product of his ignorance and narcissism. Yet they represent something more. They are a reflection of the deep corruption of the US political system, which, according to one recent assessment, is no longer a “full democracy.” American politics [...]

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Nearly 100 days after US President Donald Trump took office, he and his commerce secretary, Wilbur Ross, continue to commit an economic fallacy that first-year economics students learn to avoid. They claim that America’s current-account deficit (or trade deficit), which is in fact the result of America’s low and falling saving rate, is an indicator [...]

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Reports have it that President Donald Trump will assemble his advisers on Tuesday to decide on whether to pull out of the Paris Climate Agreement. Naturally, EPA Administrator Scott Pruitt, a career-long, oil-industry shill from Oklahoma, is arguing to pull out. Yet even Secretary of State Rex Tillerson, former CEO of ExxonMobil, is arguing to [...]

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There is one foreign policy goal that matters above all the others, and that is to keep the United States out of a new war, whether in Syria, North Korea, or elsewhere. In recent days, President Trump has struck Syria with Tomahawk missiles, bombed Afghanistan with the most powerful nonnuclear bomb in the US arsenal, [...]

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The world’s biggest geopolitical trend today is not America First, or the global war on terror, or Brexit, or the renewed Cold War with Russia. It is the economic integration of Europe with Asia, especially the European Union with China. Europe and Asia co-inhabit the world’s largest landmass, Eurasia. They are increasingly connected economically as [...]

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