Archive for the ‘Governance’ Category

Dealing With Debt Limit

The answer is straightforward.  Postpone Social Security payments, Medicare payments, military payrolls, farm subsidies, and Congressional payrolls.  A large portion of the US population will see substantial losses of incomes and significantly increased personal liabilities.  Many millions of people will be impoverished.  They will just have to pull themselves up by their own bootstraps as […]

Value Destruction

Mark Zuckerberg at Facebook, now Meta, and Elon Musk at Twitter are in the process of destroying the value created by their formerly immensely successful enterprises.  A recent Economist (November 3rd) outlines their misadventures, arguing that their conglomerative aspirations have set the stage for overreach.  Zuckerberg is trying to move beyond the original vision, while […]

Perspectives on Humans and Society

I recently read Ben Wiker’s treatise 10 Books That Screwed Up the World: And 5 Others that Didn’t Help (Regnery, 2008).  He chronicles the thoughts, writings, and impacts of Karl Marx, Charles Darwin, John Mill, Friedrich Nietzsche, Vladimir Lenin, Margaret Sanger, Simon Freud, Margaret Mead, Adolph Hitler and Alfred Kinsey.  Often, these luminaries’ hallmark books […]

Two Countries

I recently read Ezra Klein’s Why We’re Polarized (Simon & Schuster, 2021).  He provides a profound analysis of identity politics, ranging from white supremacy to the politics of rage.  He provides suggested “corrections” that might ease this tension. However, consider another scenario.  The 25 states supporting Donald Trump in 2016 and 2020 agree to become […]

Bringing Democracy Back

It seems that everyone in the country, from both the right and left, feels that the US is headed in bad directions.  The Supreme Court seems totally committed to States Rights as envisioned in the early 19th century.  Each state can make its own decisions on abortion, the environment, sexual equality and voting rights.  The […]

Societal Allocation of Resources

With the proposed FY 2023 federal budget, government expenditures will grow to roughly 23% of the $26 trillion US Gross Domestic Product. Even with the proposed substantial annual tax increases on high-earners’ incomes, the offsetting tax revenues are insufficient to avoid a perpetual trillion dollar deficit each year, amounting to 5% of US GDP. This […]

The Election Follies

Now that Members of Congress no longer have legislative responsibilities, they have become very creative in how they pursue reelection.  Some play it straight in the sense that they pretend to be serious about eliminating immigration, deporting anyone in the US whose family has been here less than three generations, and gutting K-12 curricula to […]

Society’s Perfect Storm

Three weather fronts collided off the New England coast in 1991 – and the subsequent movie in 2000.  The Gloucester fishing boat Andrea Gail tried to endure but could not survive the onslaught.  Everyone was lost. We have as a society encountered a collision of “fronts” that have left us reeling.  The US mortgage crisis […]